Micron Machinery Co (TSE:6159) Cyclically Adjusted PB Ratio: 0.88 (As of Aug. 11, 2026) — 10% Above Median

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TSE:6159 Micron Machinery Co Ltd TSE:6159
81 GF Score
Price 円1,900.00
GF Value 円2,329.39
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Micron Machinery Co Cyclically Adjusted PB Ratio?

Micron Machinery Co TSE:6159 +3.37% 81 Cyclically Adjusted PB Ratio is 0.88 as of Aug. 11, 2026, which is 10% above its 10-year median of 0.80. GuruFocus rates TSE:6159 with a GF Score™ of 81/100 and a GF Value™ of 円2,329.39 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 2,242 Industrial Products companies, Micron Machinery Co ranks better than 79.66% on this metric.

As of today (2026-08-11), Micron Machinery Co's current share price is 円1900.00. Micron Machinery Co's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2026 was 円2,153.27. Micron Machinery Co's Cyclically Adjusted PB Ratio for today is 0.88.

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

TSE:6159' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.6   Med: 0.8   Max: 1.5
Current: 0.85

During the past years, Micron Machinery Co's highest Cyclically Adjusted PB Ratio was 1.50. The lowest was 0.60. And the median was 0.80.

TSE:6159's Cyclically Adjusted PB Ratio is ranked better than
79.66% of 2242 companies
in the Industrial Products industry
Industry Median: 2.19 vs TSE:6159: 0.85

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.

Micron Machinery Co's adjusted book value per share data for the three months ended in Feb. 2026 was 円3,073.828. 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2,153.27 for the trailing ten years ended in Feb. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Micron Machinery Co  (TSE:6159) 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.


Micron Machinery Co Cyclically Adjusted PB Ratio Related Terms


Micron Machinery Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Micron Machinery 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.

Micron Machinery Co Cyclically Adjusted PB Ratio Chart

Micron Machinery Co Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.69 0.81 0.85 0.65 0.79

Micron Machinery Co Quarterly Data
Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Feb25 Aug25 Feb26 May26
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 0.65 0.73 0.79 1.09 0.00

TSE:6159 vs GEV, ETN, PH: Cyclically Adjusted PB Ratio Comparison

For the Specialty Industrial Machinery subindustry, Micron Machinery 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.


Micron Machinery Co Cyclically Adjusted PB Ratio vs Industrial Products Industry

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

* The bar in red indicates where Micron Machinery Co's Cyclically Adjusted PB Ratio falls into.


TSE:6159
81GF Score
Micron Machinery Co Ltd TSE:6159
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Micron Machinery 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.

Micron Machinery Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1900.00/2153.27
=0.88

* 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.

Micron Machinery Co's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2026 is calculated as:

For example, Micron Machinery Co's adjusted Book Value per Share data for the three months ended in Feb. 2026 was:

Adj_Book=Book Value per Share/CPI of Feb. 2026 (Change)*Current CPI (Feb. 2026)
=3073.828/112.2000*112.2000
=3,073.828

Current CPI (Feb. 2026) = 112.2000.

Micron Machinery Co Quarterly Data

Book Value per Share CPI Adj_Book
201508 1,446.474 98.400 1,649.333
201511 1,459.280 98.100 1,669.024
201602 1,441.245 97.800 1,653.453
201605 1,497.239 98.200 1,710.695
201608 1,501.358 97.900 1,720.657
201611 1,514.641 98.600 1,723.557
201702 1,557.339 98.100 1,781.177
201705 1,568.252 98.600 1,784.563
201708 1,645.768 98.500 1,874.672
201711 1,655.452 99.100 1,874.286
201802 1,622.419 99.500 1,829.502
201805 1,644.197 99.300 1,857.794
201808 1,754.839 99.800 1,972.875
201811 1,751.271 100.000 1,964.926
201902 1,756.822 99.700 1,977.086
201905 1,757.941 100.000 1,972.410
201908 1,817.376 100.000 2,039.096
201911 1,834.299 100.500 2,047.844
202002 1,797.129 100.300 2,010.348
202005 1,794.767 100.100 2,011.717
202008 1,879.296 100.100 2,106.464
202011 1,872.357 99.500 2,111.341
202102 1,902.316 99.800 2,138.676
202105 1,939.053 99.400 2,188.750
202108 1,972.075 99.700 2,219.326
202111 1,986.542 100.100 2,226.673
202202 2,014.481 100.700 2,244.536
202205 2,110.157 101.800 2,325.733
202208 2,206.569 102.700 2,410.682
202211 2,176.738 103.900 2,350.626
202302 2,187.529 104.000 2,360.007
202305 2,242.119 105.100 2,393.585
202308 2,336.956 105.900 2,475.982
202311 2,408.450 106.900 2,527.859
202402 2,547.851 106.900 2,674.171
202405 2,581.355 108.100 2,679.260
202408 2,675.980 109.100 2,752.016
202502 2,809.112 110.800 2,844.606
202508 2,898.962 112.100 2,901.548
202602 3,073.828 112.200 3,073.828

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 0.88 mean?
Micron Machinery Co (TSE:6159) has a Cyclically Adjusted PB Ratio of 0.88 as of Aug. 11, 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 Micron Machinery Co and its competitors. This is 10% above median its historical median of 0.80. Over the past decade, Micron Machinery Co's Cyclically Adjusted PB Ratio has ranged from 0.60 to 1.50. According to the industry distribution chart, Micron Machinery Co ranks #456 out of 2242 companies in the Industrial Products industry, placing it in the top 20.3%.
Is Micron Machinery Co's Cyclically Adjusted PB Ratio too high?
Micron Machinery Co's current Cyclically Adjusted PB Ratio of 0.88 is 10% above median its 10-year median of 0.80. Over the past 10 years, this metric has ranged from a low of 0.60 to a high of 1.50. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.19. Micron Machinery Co's value of 0.88 is 59.8% below this industry median. Based on the distribution chart, Micron Machinery Co ranks #456 out of 2242 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Micron Machinery Co has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Micron Machinery Co's Cyclically Adjusted PB Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Micron Machinery Co ranks #456 out of 2242 companies for Cyclically Adjusted PB Ratio. This places Micron Machinery Co in the top 20% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 2.19. Micron Machinery Co's value of 0.88 is 59.8% below this benchmark. Historically, Micron Machinery Co's own Cyclically Adjusted PB Ratio has ranged from 0.60 to 1.50 over the past decade. While the company's 10-year median is 0.80 vs. the industry median of 2.19, Micron Machinery 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 2.19, based on 2,242 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. Micron Machinery Co's current Cyclically Adjusted PB Ratio of 0.88 is 59.8% 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 Micron Machinery Co and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Micron Machinery Co's current Cyclically Adjusted PB Ratio is 0.88, which is 10% above median its own 10-year median of 0.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Micron Machinery Co stock overvalued right now?
Based on GuruFocus' analysis, Micron Machinery Co (TSE:6159) is currently considered Modestly Undervalued. The stock's GF Value™ is 円2,329.39, compared to a current price of 円1,900.00 — trading 18.4% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.88, which is 10% above median its 10-year median of 0.80 and 59.8% below the Industrial Products industry median of 2.19. Micron Machinery Co's overall GF Score™ is 81/100 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 Micron Machinery Co (TSE:6159), the current Cyclically Adjusted PB Ratio is 0.88 as of Aug. 11, 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 Micron Machinery Co (TSE:6159) Overvalued in 2026?

Based on GuruFocus' analysis, Micron Machinery Co stock appears to be undervalued. The current stock price of 円1,900.00 is trading 18.4% below its estimated GF Value™ of 円2,329.39. GuruFocus considers Micron Machinery Co to be Modestly Undervalued.

Key valuation signals for TSE:6159:

  • Cyclically Adjusted PB Ratio: 0.88 (10% above median its 10-year median of 0.80)
  • GF Value™: 円2,329.39 vs. price of 円1,900.00 (18.4% below fair value)
  • GF Score™: 81/100 with 2 warning signs
  • Industry Position: 59.8% below the Industrial Products median (#456 of 2242)

No single metric tells the full story. See the TSE:6159 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Micron Machinery Co Business Description

Address 578-2 Uwano, Zao, Yamagata, JPN, 990-2303
Micron Machinery Co Ltd is engaged in manufacturing and selling grinding machines in Japan. Its products include centerless and internal grinders. The company also exports its products to Australia, Austria, Brazil, Canada, Switzerland, China, the Czech Republic, Spain and France among other countries.
81GF Score

Get the complete analysis for TSE:6159

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

円1,900.00
Price
円2,329.39
GF Value