Asahi Diamond Industrial Co (TSE:6140) Cyclically Adjusted PB Ratio: 1.09 (As of Aug. 14, 2026) — 49% Above Median

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TSE:6140 Asahi Diamond Industrial Co Ltd TSE:6140
83 GF Score
Price 円1,295.00
GF Value 円1,013.07
Valuation Modestly Overvalued
! 3 Warning Signs
View Full Analysis

What is Asahi Diamond Industrial Co Cyclically Adjusted PB Ratio?

Asahi Diamond Industrial Co TSE:6140 +0.47% 83 Cyclically Adjusted PB Ratio is 1.09 as of Aug. 14, 2026, which is 49% above its 10-year median of 0.73. GuruFocus rates TSE:6140 with a GF Score™ of 83/100 and a GF Value™ of 円1,013.07 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 2,219 Industrial Products companies, Asahi Diamond Industrial Co ranks better than 73.37% on this metric.

As of today (2026-08-14), Asahi Diamond Industrial Co's current share price is 円1295.00. Asahi Diamond Industrial Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円1,184.94. Asahi Diamond Industrial Co's Cyclically Adjusted PB Ratio for today is 1.09.

The historical rank and industry rank for Asahi Diamond Industrial Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

TSE:6140' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.44   Med: 0.73   Max: 1.56
Current: 1.07

During the past years, Asahi Diamond Industrial Co's highest Cyclically Adjusted PB Ratio was 1.56. The lowest was 0.44. And the median was 0.73.

TSE:6140's Cyclically Adjusted PB Ratio is ranked better than
73.37% of 2219 companies
in the Industrial Products industry
Industry Median: 2.17 vs TSE:6140: 1.07

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.

Asahi Diamond Industrial Co's adjusted book value per share data for the three months ended in Mar. 2026 was 円1,292.338. 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1,184.94 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Asahi Diamond Industrial Co  (TSE:6140) 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.


Asahi Diamond Industrial Co Cyclically Adjusted PB Ratio Related Terms


Asahi Diamond Industrial Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Asahi Diamond Industrial 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.

Asahi Diamond Industrial Co Cyclically Adjusted PB Ratio Chart

Asahi Diamond Industrial 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 0.59 0.88 0.88 0.72 1.00

Asahi Diamond Industrial Co Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.72 0.61 0.74 0.70 1.00

TSE:6140 vs SNA, RBC, SWK: Cyclically Adjusted PB Ratio Comparison

For the Tools & Accessories subindustry, Asahi Diamond Industrial 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.


Asahi Diamond Industrial Co Cyclically Adjusted PB Ratio vs Industrial Products Industry

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

* The bar in red indicates where Asahi Diamond Industrial Co's Cyclically Adjusted PB Ratio falls into.


TSE:6140
83GF Score
Asahi Diamond Industrial Co Ltd TSE:6140
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Asahi Diamond Industrial 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.

Asahi Diamond Industrial Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1295.00/1184.94
=1.09

* 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.

Asahi Diamond Industrial Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Asahi Diamond Industrial 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)
=1292.338/112.7000*112.7000
=1,292.338

Current CPI (Mar. 2026) = 112.7000.

Asahi Diamond Industrial Co Quarterly Data

Book Value per Share CPI Adj_Book
201512 970.659 98.100 1,115.120
201603 983.139 97.900 1,131.765
201606 960.087 98.100 1,102.975
201609 940.298 98.000 1,081.343
201612 959.117 98.400 1,098.501
201703 1,007.397 98.100 1,157.326
201706 1,016.841 98.500 1,163.431
201709 1,042.049 98.800 1,188.653
201712 1,068.747 99.400 1,211.748
201803 1,048.927 99.200 1,191.674
201806 1,039.232 99.200 1,180.660
201809 1,047.168 99.900 1,181.340
201812 1,033.217 99.700 1,167.939
201903 1,040.359 99.700 1,176.013
201906 1,034.792 99.800 1,168.548
201909 1,027.458 100.100 1,156.788
201912 1,027.603 100.500 1,152.347
202003 1,000.036 100.300 1,123.670
202006 987.516 99.900 1,114.045
202009 980.057 99.900 1,105.630
202012 983.084 99.300 1,115.746
202103 1,008.305 99.900 1,137.497
202106 1,022.033 99.500 1,157.619
202109 1,034.896 100.100 1,165.163
202112 1,040.499 100.100 1,171.471
202203 1,067.768 101.100 1,190.281
202206 1,091.251 101.800 1,208.094
202209 1,136.404 103.100 1,242.219
202212 1,182.226 104.100 1,279.893
202303 1,142.249 104.400 1,233.060
202306 1,144.953 105.200 1,226.580
202309 1,196.353 106.200 1,269.576
202312 1,188.230 106.800 1,253.872
202403 1,207.297 107.200 1,269.239
202409 1,222.420 108.900 1,265.076
202503 1,200.530 111.100 1,217.819
202506 1,203.785 111.700 1,214.562
202509 1,247.191 112.000 1,254.986
202512 1,266.302 113.000 1,262.940
202603 1,292.338 112.700 1,292.338

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 1.09 mean?
Asahi Diamond Industrial Co (TSE:6140) has a Cyclically Adjusted PB Ratio of 1.09 as of Aug. 14, 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 Asahi Diamond Industrial Co and its competitors. This is 49% above median its historical median of 0.73. Over the past decade, Asahi Diamond Industrial Co's Cyclically Adjusted PB Ratio has ranged from 0.44 to 1.56. According to the industry distribution chart, Asahi Diamond Industrial Co ranks #591 out of 2219 companies in the Industrial Products industry, placing it in the top 26.6%.
Is Asahi Diamond Industrial Co's Cyclically Adjusted PB Ratio too high?
Asahi Diamond Industrial Co's current Cyclically Adjusted PB Ratio of 1.09 is 49% above median its 10-year median of 0.73. Over the past 10 years, this metric has ranged from a low of 0.44 to a high of 1.56. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.17. Asahi Diamond Industrial Co's value of 1.09 is 49.8% below this industry median. Based on the distribution chart, Asahi Diamond Industrial Co ranks #591 out of 2219 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Asahi Diamond Industrial Co has a GF Score™ of 83/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Asahi Diamond Industrial Co's Cyclically Adjusted PB Ratio compare to SNA and RBC?
According to the Industrial Products industry distribution chart, Asahi Diamond Industrial Co ranks #591 out of 2219 companies for Cyclically Adjusted PB Ratio. This puts Asahi Diamond Industrial Co in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.17. Asahi Diamond Industrial Co's value of 1.09 is 49.8% below this benchmark. Historically, Asahi Diamond Industrial Co's own Cyclically Adjusted PB Ratio has ranged from 0.44 to 1.56 over the past decade. While the company's 10-year median is 0.73 vs. the industry median of 2.17, Asahi Diamond Industrial 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 2.17, based on 2,219 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. Asahi Diamond Industrial Co's current Cyclically Adjusted PB Ratio of 1.09 is 49.8% 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 Asahi Diamond Industrial Co and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asahi Diamond Industrial Co's current Cyclically Adjusted PB Ratio is 1.09, which is 49% above median its own 10-year median of 0.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asahi Diamond Industrial Co stock overvalued right now?
Based on GuruFocus' analysis, Asahi Diamond Industrial Co (TSE:6140) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,013.07, compared to a current price of 円1,295.00 — trading 27.8% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.09, which is 49% above median its 10-year median of 0.73 and 49.8% below the Industrial Products industry median of 2.17. Asahi Diamond Industrial Co's overall GF Score™ is 83/100 with 3 warning signs 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 Asahi Diamond Industrial Co (TSE:6140), the current Cyclically Adjusted PB Ratio is 1.09 as of Aug. 14, 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 Asahi Diamond Industrial Co (TSE:6140) Overvalued in 2026?

Based on GuruFocus' analysis, Asahi Diamond Industrial Co stock appears to be overvalued. The current stock price of 円1,295.00 is trading 27.8% above its estimated GF Value™ of 円1,013.07. GuruFocus considers Asahi Diamond Industrial Co to be Modestly Overvalued.

Key valuation signals for TSE:6140:

  • Cyclically Adjusted PB Ratio: 1.09 (49% above median its 10-year median of 0.73)
  • GF Value™: 円1,013.07 vs. price of 円1,295.00 (27.8% above fair value)
  • GF Score™: 83/100 with 3 warning signs
  • Industry Position: 49.8% below the Industrial Products median (#591 of 2219)

No single metric tells the full story. See the TSE:6140 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Asahi Diamond Industrial Co Business Description

Address The New Otani Garden Court, 11thFloor 4-1, Kioi-cho,Chiyoda-ku, Tokyo, JPN, 102-0094
Asahi Diamond Industrial Co Ltd is a Japan-based company engaged in the manufacture and sale of diamond tools. The company is involved in the production, sale, import, and export of various tools, instruments, and precision machines applicable for diamond and other high-hardness objects. It offers a range of product which includes blades, wheels, and cutters to dies and dressers. These products cater to various industries such as electronics and semiconductors, transportation machinery, stone and construction, and industrial materials.
83GF Score

Get the complete analysis for TSE:6140

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

円1,295.00
Price
円1,013.07
GF Value