Daihatsu Infinearth Mfg Co (TSE:6023) Cyclically Adjusted PB Ratio: 2.00 (As of Aug. 24, 2026) — 190% Above Median

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TSE:6023 Daihatsu Infinearth Mfg Co Ltd TSE:6023
88 GF Score
Price 円2,984.00
GF Value 円2,355.11
Valuation Modestly Overvalued
! 1 Warning Sign
View Full Analysis

What is Daihatsu Infinearth Mfg Co Cyclically Adjusted PB Ratio?

Daihatsu Infinearth Mfg Co TSE:6023 -0.86% 88 Cyclically Adjusted PB Ratio is 2.00 as of Aug. 24, 2026, which is 190% above its 10-year median of 0.69. GuruFocus rates TSE:6023 with a GF Score™ of 88/100 and a GF Value™ of 円2,355.11 (Modestly Overvalued). The stock has 1 warning sign investors should review. Among 2,133 Industrial Products companies, Daihatsu Infinearth Mfg Co ranks better than 51.57% on this metric.

As of today (2026-08-24), Daihatsu Infinearth Mfg Co's current share price is 円2984.00. Daihatsu Infinearth Mfg Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円1,491.35. Daihatsu Infinearth Mfg Co's Cyclically Adjusted PB Ratio for today is 2.00.

The historical rank and industry rank for Daihatsu Infinearth Mfg Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

TSE:6023' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.36   Med: 0.69   Max: 2.28
Current: 2.02

During the past years, Daihatsu Infinearth Mfg Co's highest Cyclically Adjusted PB Ratio was 2.28. The lowest was 0.36. And the median was 0.69.

TSE:6023's Cyclically Adjusted PB Ratio is ranked better than
51.57% of 2133 companies
in the Industrial Products industry
Industry Median: 2.09 vs TSE:6023: 2.02

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Daihatsu Infinearth Mfg Co's adjusted book value per share data for the three months ended in Mar. 2026 was 円1,941.685. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is 円1,491.35 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Daihatsu Infinearth Mfg Co  (TSE:6023) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Daihatsu Infinearth Mfg Co Cyclically Adjusted PB Ratio Related Terms


Daihatsu Infinearth Mfg Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Daihatsu Infinearth Mfg Co's Cyclically Adjusted PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Daihatsu Infinearth Mfg Co Cyclically Adjusted PB Ratio Chart

Daihatsu Infinearth Mfg Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.45 0.45 1.17 1.22 1.37

Daihatsu Infinearth Mfg Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.60 2.09 1.72 1.37 0.00

TSE:6023 vs GEV, ETN, PH: Cyclically Adjusted PB Ratio Comparison

For the Specialty Industrial Machinery subindustry, Daihatsu Infinearth Mfg Co's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Daihatsu Infinearth Mfg Co Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Daihatsu Infinearth Mfg Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Daihatsu Infinearth Mfg Co's Cyclically Adjusted PB Ratio falls into.


TSE:6023
88GF Score
Daihatsu Infinearth Mfg Co Ltd TSE:6023
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Daihatsu Infinearth Mfg Co Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Daihatsu Infinearth Mfg Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2984.00/1491.35
=2.00

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Daihatsu Infinearth Mfg Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Daihatsu Infinearth Mfg Co's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=1941.685/112.7000*112.7000
=1,941.685

Current CPI (Mar. 2026) = 112.7000.

Daihatsu Infinearth Mfg Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 1,063.633 98.100 1,221.931
201609 1,077.470 98.000 1,239.091
201612 1,099.326 98.400 1,259.086
201703 1,143.902 98.100 1,314.146
201706 1,143.153 98.500 1,307.953
201709 1,165.004 98.800 1,328.906
201712 1,177.695 99.400 1,335.274
201803 1,195.236 99.200 1,357.894
201806 1,182.811 99.200 1,343.778
201809 1,194.529 99.900 1,347.582
201812 1,199.962 99.700 1,356.426
201903 1,232.008 99.700 1,392.651
201906 1,214.112 99.800 1,371.046
201909 1,233.590 100.100 1,388.867
201912 1,229.768 100.500 1,379.053
202003 1,276.453 100.300 1,434.260
202006 1,263.096 99.900 1,424.934
202009 1,259.088 99.900 1,420.413
202012 1,264.376 99.300 1,434.997
202103 1,296.226 99.900 1,462.309
202106 1,289.367 99.500 1,460.419
202109 1,305.894 100.100 1,470.272
202112 1,330.125 100.100 1,497.553
202203 1,354.977 101.100 1,510.444
202206 1,368.956 101.800 1,515.534
202209 1,383.291 103.100 1,512.094
202212 1,392.865 104.100 1,507.934
202303 1,446.897 104.400 1,561.928
202306 1,434.612 105.200 1,536.889
202309 1,485.769 106.200 1,576.706
202312 1,507.100 106.800 1,590.357
202403 1,604.853 107.200 1,687.192
202406 1,597.270 108.200 1,663.700
202409 1,626.716 108.900 1,683.479
202412 1,696.064 110.700 1,726.707
202503 1,738.336 111.100 1,763.371
202506 1,720.461 111.700 1,735.864
202509 1,759.939 112.000 1,770.939
202512 1,825.174 113.000 1,820.328
202603 1,941.685 112.700 1,941.685

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

What does a Cyclically Adjusted PB Ratio of 2.00 mean?
Daihatsu Infinearth Mfg Co (TSE:6023) has a Cyclically Adjusted PB Ratio of 2.00 as of Aug. 24, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Daihatsu Infinearth Mfg Co and its competitors. This is 190% above median its historical median of 0.69. Over the past decade, Daihatsu Infinearth Mfg Co's Cyclically Adjusted PB Ratio has ranged from 0.36 to 2.28. According to the industry distribution chart, Daihatsu Infinearth Mfg Co ranks #1033 out of 2133 companies in the Industrial Products industry, placing it in the top 48.4%.
Is Daihatsu Infinearth Mfg Co's Cyclically Adjusted PB Ratio too high?
Daihatsu Infinearth Mfg Co's current Cyclically Adjusted PB Ratio of 2.00 is 190% above median its 10-year median of 0.69. Over the past 10 years, this metric has ranged from a low of 0.36 to a high of 2.28. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.09. Daihatsu Infinearth Mfg Co's value of 2.00 is 4.3% below this industry median. Based on the distribution chart, Daihatsu Infinearth Mfg Co ranks #1033 out of 2133 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Daihatsu Infinearth Mfg Co has a GF Score™ of 88/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Daihatsu Infinearth Mfg Co's Cyclically Adjusted PB Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Daihatsu Infinearth Mfg Co ranks #1033 out of 2133 companies for Cyclically Adjusted PB Ratio. This puts Daihatsu Infinearth Mfg Co in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.09. Daihatsu Infinearth Mfg Co's value of 2.00 is 4.3% below this benchmark. Historically, Daihatsu Infinearth Mfg Co's own Cyclically Adjusted PB Ratio has ranged from 0.36 to 2.28 over the past decade. While the company's 10-year median is 0.69 vs. the industry median of 2.09, Daihatsu Infinearth Mfg Co has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for an Industrial Products company?
The median Cyclically Adjusted PB Ratio among Industrial Products companies is 2.09, based on 2,133 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Daihatsu Infinearth Mfg Co's current Cyclically Adjusted PB Ratio of 2.00 is 4.3% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Daihatsu Infinearth Mfg Co and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Daihatsu Infinearth Mfg Co's current Cyclically Adjusted PB Ratio is 2.00, which is 190% above median its own 10-year median of 0.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Daihatsu Infinearth Mfg Co stock overvalued right now?
Based on GuruFocus' analysis, Daihatsu Infinearth Mfg Co (TSE:6023) is currently considered Modestly Overvalued. The stock's GF Value™ is 円2,355.11, compared to a current price of 円2,984.00 — trading 26.7% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.00, which is 190% above median its 10-year median of 0.69 and 4.3% below the Industrial Products industry median of 2.09. Daihatsu Infinearth Mfg Co's overall GF Score™ is 88/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Daihatsu Infinearth Mfg Co (TSE:6023), the current Cyclically Adjusted PB Ratio is 2.00 as of Aug. 24, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Daihatsu Infinearth Mfg Co (TSE:6023) Overvalued in 2026?

Based on GuruFocus' analysis, Daihatsu Infinearth Mfg Co stock appears to be overvalued. The current stock price of 円2,984.00 is trading 26.7% above its estimated GF Value™ of 円2,355.11. GuruFocus considers Daihatsu Infinearth Mfg Co to be Modestly Overvalued.

Key valuation signals for TSE:6023:

  • Cyclically Adjusted PB Ratio: 2.00 (190% above median its 10-year median of 0.69)
  • GF Value™: 円2,355.11 vs. price of 円2,984.00 (26.7% above fair value)
  • GF Score™: 88/100 with 1 warning sign
  • Industry Position: 4.3% below the Industrial Products median (#1033 of 2133)

No single metric tells the full story. See the TSE:6023 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Daihatsu Infinearth Mfg Co Business Description

Other Exchanges D1U:Germany
Address 1-30, Oyodonaka 1-chome, 27Kita-ku, Osaka, JPN, 531-0076
Daihatsu Infinearth Mfg Co Ltd is a Japanese company that manufactures and sells internal combustion engines and industrial equipment, with a focus on marine and land engines. It also operates in other segments, including real estate leasing, transportation, warehousing, and solar power generation and Marine Engines, Co - Generation, Other Equipment products, and customer Service.
88GF Score

Get the complete analysis for TSE:6023

Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円2,984.00
Price
円2,355.11
GF Value