GIKEN (TSE:6289) Cyclically Adjusted PB Ratio: 1.31 (As of Aug. 15, 2026) — 55% Below Median

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TSE:6289 GIKEN Ltd TSE:6289
81 GF Score
Price 円1,945.00
GF Value 円1,875.95
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is GIKEN Cyclically Adjusted PB Ratio?

GIKEN TSE:6289 +1.89% 81 Cyclically Adjusted PB Ratio is 1.31 as of Aug. 15, 2026, which is 55% below its 10-year median of 2.91. GuruFocus rates TSE:6289 with a GF Score™ of 81/100 and a GF Value™ of 円1,875.95 (Fairly Valued). The stock has 2 warning signs investors should review. Among 166 Farm & Heavy Construction Machinery companies, GIKEN ranks better than 58.43% on this metric.

As of today (2026-08-15), GIKEN's current share price is 円1945.00. GIKEN's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2026 was 円1,488.75. GIKEN's Cyclically Adjusted PB Ratio for today is 1.31.

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

TSE:6289' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.9   Med: 2.91   Max: 5.33
Current: 1.27

During the past years, GIKEN's highest Cyclically Adjusted PB Ratio was 5.33. The lowest was 0.90. And the median was 2.91.

TSE:6289's Cyclically Adjusted PB Ratio is ranked better than
58.43% of 166 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 1.565 vs TSE:6289: 1.27

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.

GIKEN's adjusted book value per share data for the three months ended in Feb. 2026 was 円1,554.877. 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1,488.75 for the trailing ten years ended in Feb. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


GIKEN  (TSE:6289) 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.


GIKEN Cyclically Adjusted PB Ratio Related Terms


GIKEN Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for GIKEN'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.

GIKEN Cyclically Adjusted PB Ratio Chart

GIKEN 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 4.49 2.81 1.60 1.30 0.99

GIKEN Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 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 0.97 0.99 1.26 1.65 0.00

TSE:6289 vs CAT, DE, PCAR: Cyclically Adjusted PB Ratio Comparison

For the Farm & Heavy Construction Machinery subindustry, GIKEN'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.


GIKEN Cyclically Adjusted PB Ratio vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, GIKEN's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TSE:6289
81GF Score
GIKEN Ltd TSE:6289
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

GIKEN 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.

GIKEN's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1945.00/1488.75
=1.31

* 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.

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

For example, GIKEN'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)
=1554.877/112.2000*112.2000
=1,554.877

Current CPI (Feb. 2026) = 112.2000.

GIKEN Quarterly Data

Book Value per Share CPI Adj_Book
201605 995.196 98.200 1,137.077
201608 1,009.732 97.900 1,157.221
201611 1,037.292 98.600 1,180.367
201702 1,090.493 98.100 1,247.231
201705 1,083.298 98.600 1,232.718
201708 1,201.384 98.500 1,368.480
201711 1,204.361 99.100 1,363.565
201802 1,250.112 99.500 1,409.674
201805 1,217.642 99.300 1,375.825
201808 1,285.303 99.800 1,445.000
201811 1,290.965 100.000 1,448.463
201902 1,342.673 99.700 1,511.012
201905 1,306.496 100.000 1,465.889
201908 1,390.805 100.000 1,560.483
201911 1,369.503 100.500 1,528.938
202002 1,425.169 100.300 1,594.257
202005 1,390.776 100.100 1,558.892
202008 1,390.608 100.100 1,558.703
202011 1,391.654 99.500 1,569.282
202102 1,414.168 99.800 1,589.876
202105 1,405.074 99.400 1,586.009
202108 1,426.102 99.700 1,604.901
202111 1,423.024 100.100 1,595.038
202202 1,459.676 100.700 1,626.372
202205 1,435.968 101.800 1,582.668
202208 1,481.347 102.700 1,618.375
202211 1,471.311 103.900 1,588.846
202302 1,497.418 104.000 1,615.484
202305 1,432.550 105.100 1,529.325
202308 1,452.825 105.900 1,539.254
202311 1,464.299 106.900 1,536.898
202402 1,502.802 106.900 1,577.309
202405 1,496.899 108.100 1,553.673
202408 1,510.983 109.100 1,553.917
202411 1,494.508 110.000 1,524.398
202502 1,518.250 110.800 1,537.434
202505 1,472.898 111.800 1,478.168
202508 1,523.197 112.100 1,524.556
202511 1,533.290 113.200 1,519.745
202602 1,554.877 112.200 1,554.877

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 1.31 mean?
GIKEN (TSE:6289) has a Cyclically Adjusted PB Ratio of 1.31 as of Aug. 15, 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 GIKEN and its competitors. This is 55% below median its historical median of 2.91. Over the past decade, GIKEN's Cyclically Adjusted PB Ratio has ranged from 0.90 to 5.33. According to the industry distribution chart, GIKEN ranks #69 out of 166 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 41.6%.
Is GIKEN's Cyclically Adjusted PB Ratio too high?
GIKEN's current Cyclically Adjusted PB Ratio of 1.31 is 55% below median its 10-year median of 2.91. Over the past 10 years, this metric has ranged from a low of 0.90 to a high of 5.33. The Farm & Heavy Construction Machinery industry median Cyclically Adjusted PB Ratio is 1.57. GIKEN's value of 1.31 is 16.3% below this industry median. Based on the distribution chart, GIKEN ranks #69 out of 166 companies in the Farm & Heavy Construction Machinery industry, which is above the industry midpoint. Overall, GIKEN has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does GIKEN's Cyclically Adjusted PB Ratio compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, GIKEN ranks #69 out of 166 companies for Cyclically Adjusted PB Ratio. This puts GIKEN in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.57. GIKEN's value of 1.31 is 16.3% below this benchmark. Historically, GIKEN's own Cyclically Adjusted PB Ratio has ranged from 0.90 to 5.33 over the past decade. While the company's 10-year median is 2.91 vs. the industry median of 1.57, GIKEN 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 a Farm & Heavy Construction Machinery company?
The median Cyclically Adjusted PB Ratio among Farm & Heavy Construction Machinery companies is 1.57, based on 166 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. GIKEN's current Cyclically Adjusted PB Ratio of 1.31 is 16.3% 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 GIKEN and its competitors. For the Farm & Heavy Construction Machinery industry, the median Cyclically Adjusted PB Ratio is 1.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GIKEN's current Cyclically Adjusted PB Ratio is 1.31, which is 55% below median its own 10-year median of 2.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GIKEN stock overvalued right now?
Based on GuruFocus' analysis, GIKEN (TSE:6289) is currently considered Fairly Valued. The stock's GF Value™ is 円1,875.95, compared to a current price of 円1,945.00 — trading 3.7% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.31, which is 55% below median its 10-year median of 2.91 and 16.3% below the Farm & Heavy Construction Machinery industry median of 1.57. GIKEN'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 GIKEN (TSE:6289), the current Cyclically Adjusted PB Ratio is 1.31 as of Aug. 15, 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 GIKEN (TSE:6289) Overvalued in 2026?

Based on GuruFocus' analysis, GIKEN stock appears to be overvalued. The current stock price of 円1,945.00 is trading 3.7% above its estimated GF Value™ of 円1,875.95. GuruFocus considers GIKEN to be Fairly Valued.

Key valuation signals for TSE:6289:

  • Cyclically Adjusted PB Ratio: 1.31 (55% below median its 10-year median of 2.91)
  • GF Value™: 円1,875.95 vs. price of 円1,945.00 (3.7% above fair value)
  • GF Score™: 81/100 with 2 warning signs
  • Industry Position: 16.3% below the Farm & Heavy Construction Machinery median (#69 of 166)

No single metric tells the full story. See the TSE:6289 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


GIKEN Business Description

Address 3948-1 Nunoshida, Kochi-shi, Kochi, JPN, 7815195
GIKEN Ltd. develops environmentally friendly construction solutions; manufacture and sells industrial machines; and develops solutions to leverage underground space. The products of the company include Silent Piler, GRB System Equipment, Auxiliary Equipment, and Automated Parking Facilities among others.
81GF Score

Get the complete analysis for TSE:6289

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

円1,945.00
Price
円1,875.95
GF Value