Marumae Co (TSE:6264) Cyclically Adjusted PB Ratio: (As of Aug. 08, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:6264 Marumae Co Ltd TSE:6264
84 GF Score
Price 円2,036.00
GF Value 円2,554.03
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Marumae Co Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Marumae Co  (TSE:6264) 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.


Marumae Co Cyclically Adjusted PB Ratio Related Terms


Marumae Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Marumae 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.

Marumae Co Cyclically Adjusted PB Ratio Chart

Marumae 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 9.05 7.28 5.13 3.71 3.35

Marumae Co Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Feb25 May25 Aug25 Nov25 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 0.00 3.35 0.00 0.00 0.00

TSE:6264 vs GEV, ETN, PH: Cyclically Adjusted PB Ratio Comparison

For the Specialty Industrial Machinery subindustry, Marumae 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.


Marumae Co Cyclically Adjusted PB Ratio vs Industrial Products Industry

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

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


TSE:6264
84GF Score
Marumae Co Ltd TSE:6264
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Marumae 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.

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

For example, Marumae 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)
=379.645/112.2000*112.2000
=379.645

Current CPI (Feb. 2026) = 112.2000.

Marumae Co Quarterly Data

Book Value per Share CPI Adj_Book
201602 39.203 97.800 44.975
201605 42.549 98.200 48.615
201608 46.450 97.900 53.235
201611 48.065 98.600 54.695
201702 53.183 98.100 60.827
201705 58.077 98.600 66.088
201708 131.682 98.500 149.997
201711 137.953 99.100 156.189
201802 145.820 99.500 164.432
201805 151.837 99.300 171.562
201808 196.601 99.800 221.028
201811 197.385 100.000 221.466
201902 198.944 99.700 223.887
201905 195.226 100.000 219.044
201908 203.322 100.000 228.127
201911 204.575 100.500 228.391
202002 209.928 100.300 234.835
202005 213.930 100.100 239.790
202008 222.842 100.100 249.779
202011 222.223 99.500 250.587
202102 228.347 99.800 256.719
202105 233.559 99.400 263.635
202108 247.096 99.700 278.076
202111 256.582 100.100 287.597
202202 273.419 100.700 304.644
202205 264.156 101.800 291.142
202208 289.027 102.700 315.763
202211 294.529 103.900 318.057
202302 302.162 104.000 325.986
202305 287.813 105.100 307.256
202308 295.628 105.900 313.215
202311 285.079 106.900 299.213
202402 283.244 106.900 297.287
202405 280.246 108.100 290.875
202408 283.044 109.100 291.086
202502 299.563 110.800 303.348
202505 283.907 111.800 284.923
202508 321.876 112.100 322.163
202511 327.779 113.200 324.883
202602 379.645 112.200 379.645

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.

Is Marumae Co (TSE:6264) Overvalued in 2026?

Based on GuruFocus' analysis, Marumae Co stock appears to be undervalued. The current stock price of 円2,036.00 is trading 20.3% below its estimated GF Value™ of 円2,554.03. GuruFocus considers Marumae Co to be Modestly Undervalued.

Key valuation signals for TSE:6264:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: 円2,554.03 vs. price of 円2,036.00 (20.3% below fair value)
  • GF Score™: 84/100 with 7 warning signs

No single metric tells the full story. See the TSE:6264 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Marumae Co Business Description

Address 2141 Onoharacho, Izumi City, Kagoshima, JPN, 899-0216
Marumae Co Ltd is a Japan-based machinery manufacturer. The company is mainly engaged in the designing, manufacturing, and processing of precision machinery and precision equipment. It offers liquid crystal manufacturing and semiconductor manufacturing equipment, industrial and medical machinery and equipment. It is also engaged in the development and sale of software, real estate leasing, and transportation business.
84GF Score

Get the complete analysis for TSE:6264

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

円2,036.00
Price
円2,554.03
GF Value