Union Tool Co (TSE:6278) Cyclically Adjusted PB Ratio: 3.73 (As of Aug. 23, 2026) — 194% Above Median

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TSE:6278 Union Tool Co TSE:6278
81 GF Score
Price 円14,450.00
GF Value 円7,496.10
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Union Tool Co Cyclically Adjusted PB Ratio?

Union Tool Co TSE:6278 -3.02% 81 Cyclically Adjusted PB Ratio is 3.73 as of Aug. 23, 2026, which is 194% above its 10-year median of 1.27. GuruFocus rates TSE:6278 with a GF Score™ of 81/100 and a GF Value™ of 円7,496.10 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 2,159 Industrial Products companies, Union Tool Co ranks worse than 74.11% on this metric.

As of today (2026-08-23), Union Tool Co's current share price is 円14450.00. Union Tool Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was 円3,877.58. Union Tool Co's Cyclically Adjusted PB Ratio for today is 3.73.

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

TSE:6278' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.79   Med: 1.27   Max: 6.66
Current: 3.73

During the past years, Union Tool Co's highest Cyclically Adjusted PB Ratio was 6.66. The lowest was 0.79. And the median was 1.27.

TSE:6278's Cyclically Adjusted PB Ratio is ranked worse than
74.11% of 2159 companies
in the Industrial Products industry
Industry Median: 2.14 vs TSE:6278: 3.73

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.

Union Tool Co's adjusted book value per share data for the three months ended in Jun. 2026 was 円6,136.632. 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3,877.58 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Union Tool Co  (TSE:6278) 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.


Union Tool Co Cyclically Adjusted PB Ratio Related Terms


Union Tool Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Union Tool 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.

Union Tool Co Cyclically Adjusted PB Ratio Chart

Union Tool Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.39 1.04 1.01 1.42 2.28

Union Tool 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 1.52 2.08 2.28 3.42 5.81

TSE:6278 vs SNA, RBC, SWK: Cyclically Adjusted PB Ratio Comparison

For the Tools & Accessories subindustry, Union Tool 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.


Union Tool Co Cyclically Adjusted PB Ratio vs Industrial Products Industry

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

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


TSE:6278
81GF Score
Union Tool Co TSE:6278
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Union Tool 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.

Union Tool Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=14450.00/3877.58
=3.73

* 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.

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

For example, Union Tool Co's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=6136.632/113.6000*113.6000
=6,136.632

Current CPI (Jun. 2026) = 113.6000.

Union Tool Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 2,632.364 98.000 3,051.393
201612 2,849.585 98.400 3,289.765
201703 2,834.483 98.100 3,282.337
201706 2,893.440 98.500 3,337.003
201709 2,948.763 98.800 3,390.481
201712 3,035.275 99.400 3,468.886
201803 2,981.461 99.200 3,414.254
201806 2,997.625 99.200 3,432.764
201809 3,227.213 99.900 3,669.784
201812 3,009.021 99.700 3,428.533
201903 3,047.004 99.700 3,471.812
201906 3,035.587 99.800 3,455.338
201909 3,005.266 100.100 3,410.572
201912 3,100.050 100.500 3,504.136
202003 3,018.951 100.300 3,419.271
202006 3,073.000 99.900 3,494.422
202009 3,089.943 99.900 3,513.689
202012 3,123.755 99.300 3,573.601
202103 3,209.250 99.900 3,649.357
202106 3,281.836 99.500 3,746.900
202109 3,332.137 100.100 3,781.526
202112 3,418.558 100.100 3,879.602
202203 3,504.978 101.100 3,938.333
202206 3,667.747 101.800 4,092.889
202209 3,718.511 103.100 4,097.215
202212 3,683.010 104.100 4,019.116
202303 3,721.348 104.400 4,049.283
202306 3,839.653 105.200 4,146.241
202309 3,876.179 106.200 4,146.271
202312 3,894.472 106.800 4,142.435
202403 3,999.479 107.200 4,238.254
202406 4,154.790 108.200 4,362.146
202409 4,037.453 108.900 4,211.705
202412 4,233.575 110.700 4,344.482
202503 4,201.100 111.100 4,295.634
202506 4,289.783 111.700 4,362.752
202509 4,401.679 112.000 4,464.560
202512 4,593.833 113.000 4,618.225
202603 4,733.820 112.700 4,771.623
202606 6,136.632 113.600 6,136.632

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 3.73 mean?
Union Tool Co (TSE:6278) has a Cyclically Adjusted PB Ratio of 3.73 as of Aug. 23, 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 Union Tool Co and its competitors. This is 194% above median its historical median of 1.27. Over the past decade, Union Tool Co's Cyclically Adjusted PB Ratio has ranged from 0.79 to 6.66. According to the industry distribution chart, Union Tool Co ranks #1600 out of 2159 companies in the Industrial Products industry, placing it in the top 74.1%.
Is Union Tool Co's Cyclically Adjusted PB Ratio too high?
Union Tool Co's current Cyclically Adjusted PB Ratio of 3.73 is 194% above median its 10-year median of 1.27. Over the past 10 years, this metric has ranged from a low of 0.79 to a high of 6.66. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.14. Union Tool Co's value of 3.73 is 74.3% above this industry median. Based on the distribution chart, Union Tool Co ranks #1600 out of 2159 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Union Tool Co has a GF Score™ of 81/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Union Tool Co's Cyclically Adjusted PB Ratio compare to SNA and RBC?
According to the Industrial Products industry distribution chart, Union Tool Co ranks #1600 out of 2159 companies for Cyclically Adjusted PB Ratio. This places Union Tool Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.14. Union Tool Co's value of 3.73 is 74.3% above this benchmark. Historically, Union Tool Co's own Cyclically Adjusted PB Ratio has ranged from 0.79 to 6.66 over the past decade. While the company's 10-year median is 1.27 vs. the industry median of 2.14, Union Tool Co has consistently been above 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 2.14, based on 2,159 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. Union Tool Co's current Cyclically Adjusted PB Ratio of 3.73 is 74.3% above 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 Union Tool Co and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Union Tool Co's current Cyclically Adjusted PB Ratio is 3.73, which is 194% above median its own 10-year median of 1.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Union Tool Co stock overvalued right now?
Based on GuruFocus' analysis, Union Tool Co (TSE:6278) is currently considered Significantly Overvalued. The stock's GF Value™ is 円7,496.10, compared to a current price of 円14,450.00 — trading 92.8% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 3.73, which is 194% above median its 10-year median of 1.27 and 74.3% above the Industrial Products industry median of 2.14. Union Tool 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 Union Tool Co (TSE:6278), the current Cyclically Adjusted PB Ratio is 3.73 as of Aug. 23, 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 Union Tool Co (TSE:6278) Overvalued in 2026?

Based on GuruFocus' analysis, Union Tool Co stock appears to be overvalued. The current stock price of 円14,450.00 is trading 92.8% above its estimated GF Value™ of 円7,496.10. GuruFocus considers Union Tool Co to be Significantly Overvalued.

Key valuation signals for TSE:6278:

  • Cyclically Adjusted PB Ratio: 3.73 (194% above median its 10-year median of 1.27)
  • GF Value™: 円7,496.10 vs. price of 円14,450.00 (92.8% above fair value)
  • GF Score™: 81/100 with 2 warning signs
  • Industry Position: 74.3% above the Industrial Products median (#1600 of 2159)

No single metric tells the full story. See the TSE:6278 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Union Tool Co Business Description

Address Minamioi 6-17-1, Shinagawa-ku, Tokyo, JPN, 140-0013
Union Tool Co is a designer and manufacturer of industrial cutting tools to a broad sector of the global industry. The company's key product includes carbide drill used in the manufacture of Printed Circuit Boards, found in all modern electronics. It also manufactures precision machinery including linear motion guides, diesinking end-mills, and digital measuring equipment for industrial use. The company has operations in Japan, Asia, North America and Europe.
81GF Score

Get the complete analysis for TSE:6278

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

円14,450.00
Price
円7,496.10
GF Value