Asahi Diamond Industrial Co (TSE:6140) Cyclically Adjusted PB Ratio: 0.91 (As of Sep. 17, 2026) — 25% Above Median

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TSE:6140 Asahi Diamond Industrial Co Ltd TSE:6140
84 GF Score
Price 円1,109.00
GF Value 円1,028.73
Valuation Fairly Valued
! 2 Warning Signs
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What is Asahi Diamond Industrial Co Cyclically Adjusted PB Ratio?

Asahi Diamond Industrial Co TSE:6140 +1.19% 84 Cyclically Adjusted PB Ratio is 0.91 as of Sep. 17, 2026, which is 25% above its 10-year median of 0.73. GuruFocus rates TSE:6140 with a GF Score™ of 84/100 and a GF Value™ of 円1,028.73 (Fairly Valued). The stock has 2 warning signs investors should review. Among 2,099 Industrial Products companies, Asahi Diamond Industrial Co ranks better than 76.8% on this metric.

As of today (2026-09-17), Asahi Diamond Industrial Co's current share price is 円1109.00. Asahi Diamond Industrial Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円1,220.86. Asahi Diamond Industrial Co's Cyclically Adjusted PB Ratio for today is 0.91.

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: 0.93

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
76.8% of 2099 companies
in the Industrial Products industry
Industry Median: 2.08 vs TSE:6140: 0.93

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1,332.315. 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1,220.86 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 0.57 0.85 0.85 0.70 0.96

Asahi Diamond Industrial Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24 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 0.60 0.72 0.68 0.97 0.98

TSE:6140 vs SNA, RBC, LECO: 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
84GF 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
=1109.00/1220.857
=0.91

* 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)
=1332.315/112.7000*112.7000
=1,332.315

Current CPI (Mar. 2026) = 112.7000.

Asahi Diamond Industrial Co Quarterly Data

Book Value per Share CPI Adj_Book
201512 1,008.973 98.100 1,159.136
201603 1,004.324 97.900 1,156.152
201606 979.442 98.100 1,125.210
201609 975.449 98.000 1,121.766
201612 994.935 98.400 1,139.524
201703 1,028.571 98.100 1,181.651
201706 1,037.803 98.500 1,187.415
201709 1,063.463 98.800 1,213.080
201712 1,091.074 99.400 1,237.063
201803 1,072.054 99.200 1,217.948
201806 1,060.839 99.200 1,205.207
201809 1,072.977 99.900 1,210.456
201812 1,060.245 99.700 1,198.492
201903 1,063.529 99.700 1,202.204
201906 1,057.357 99.800 1,194.029
201909 1,049.471 100.100 1,181.572
201912 1,050.003 100.500 1,177.466
202003 1,023.852 100.300 1,150.430
202006 1,010.763 99.900 1,140.270
202009 1,003.710 99.900 1,132.313
202012 1,006.508 99.300 1,142.331
202103 1,032.244 99.900 1,164.503
202106 1,047.325 99.500 1,186.267
202109 1,060.720 100.100 1,194.237
202112 1,067.208 100.100 1,201.542
202203 1,096.191 101.100 1,221.966
202206 1,120.165 101.800 1,240.104
202209 1,169.088 103.100 1,277.946
202212 1,179.832 104.100 1,277.301
202303 1,174.161 104.400 1,267.509
202306 1,176.722 105.200 1,260.614
202309 1,230.251 106.200 1,305.549
202312 1,222.700 106.800 1,290.246
202403 1,241.292 107.200 1,304.978
202409 1,259.261 108.900 1,303.202
202503 1,238.062 111.100 1,255.892
202506 1,238.425 111.700 1,249.512
202509 1,285.376 112.000 1,293.410
202512 1,305.024 113.000 1,301.559
202603 1,332.315 112.700 1,332.315

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 0.91 mean?
Asahi Diamond Industrial Co (TSE:6140) has a Cyclically Adjusted PB Ratio of 0.91 as of Sep. 17, 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 25% 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 #487 out of 2099 companies in the Industrial Products industry, placing it in the top 23.2%.
Is Asahi Diamond Industrial Co's Cyclically Adjusted PB Ratio too high?
Asahi Diamond Industrial Co's current Cyclically Adjusted PB Ratio of 0.91 is 25% 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 2.08. Asahi Diamond Industrial Co's value of 0.91 is 56.3% below this industry median. Based on the distribution chart, Asahi Diamond Industrial Co ranks #487 out of 2099 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Asahi Diamond Industrial Co has a GF Score™ of 84/100 and is considered Fairly Valued, 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 #487 out of 2099 companies for Cyclically Adjusted PB Ratio. This places Asahi Diamond Industrial Co in the top 23% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 2.08. Asahi Diamond Industrial Co's value of 0.91 is 56.3% 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 2.08, 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 2.08, based on 2,099 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 0.91 is 56.3% 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 Asahi Diamond Industrial Co and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.08 — 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 0.91, which is 25% 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 Fairly Valued. The stock's GF Value™ is 円1,028.73, compared to a current price of 円1,109.00 — trading 7.8% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.91, which is 25% above median its 10-year median of 0.73 and 56.3% below the Industrial Products industry median of 2.08. Asahi Diamond Industrial Co's overall GF Score™ is 84/100 with 2 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 0.91 as of Sep. 17, 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1,109.00 is trading 7.8% above its estimated GF Value™ of 円1,028.73. GuruFocus considers Asahi Diamond Industrial Co to be Fairly Valued.

Key valuation signals for TSE:6140:

  • Cyclically Adjusted PB Ratio: 0.91 (25% above median its 10-year median of 0.73)
  • GF Value™: 円1,028.73 vs. price of 円1,109.00 (7.8% above fair value)
  • GF Score™: 84/100 with 2 warning signs
  • Industry Position: 56.3% below the Industrial Products median (#487 of 2099)

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.
84GF 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1,109.00
Price
円1,028.73
GF Value