Okada Aiyon (TSE:6294) Cyclically Adjusted PB Ratio: 1.24 (As of Aug. 09, 2026) — Near Median

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TSE:6294 Okada Aiyon Corp TSE:6294
81 GF Score
Price 円2,017.00
GF Value 円2,237.01
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Okada Aiyon Cyclically Adjusted PB Ratio?

Okada Aiyon TSE:6294 +0.10% 81 Cyclically Adjusted PB Ratio is 1.24 as of Aug. 09, 2026, which is 8% below its 10-year median of 1.35. GuruFocus rates TSE:6294 with a GF Score™ of 81/100 and a GF Value™ of 円2,237.01 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 166 Farm & Heavy Construction Machinery companies, Okada Aiyon ranks better than 60.84% on this metric.

As of today (2026-08-09), Okada Aiyon's current share price is 円2017.00. Okada Aiyon's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円1,622.77. Okada Aiyon's Cyclically Adjusted PB Ratio for today is 1.24.

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

TSE:6294' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.76   Med: 1.35   Max: 2.16
Current: 1.24

During the past years, Okada Aiyon's highest Cyclically Adjusted PB Ratio was 2.16. The lowest was 0.76. And the median was 1.35.

TSE:6294's Cyclically Adjusted PB Ratio is ranked better than
60.84% of 166 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 1.565 vs TSE:6294: 1.24

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.

Okada Aiyon's adjusted book value per share data for the three months ended in Mar. 2026 was 円2,244.353. 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1,622.77 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Okada Aiyon  (TSE:6294) 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.


Okada Aiyon Cyclically Adjusted PB Ratio Related Terms


Okada Aiyon Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Okada Aiyon'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.

Okada Aiyon Cyclically Adjusted PB Ratio Chart

Okada Aiyon 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 1.27 1.41 2.28 1.28 1.34

Okada Aiyon Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1.28 1.23 1.29 1.44 1.34

TSE:6294 vs CAT, DE, PCAR: Cyclically Adjusted PB Ratio Comparison

For the Farm & Heavy Construction Machinery subindustry, Okada Aiyon'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.


Okada Aiyon Cyclically Adjusted PB Ratio vs Farm & Heavy Construction Machinery Industry

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

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


TSE:6294
81GF Score
Okada Aiyon Corp TSE:6294
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Okada Aiyon 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.

Okada Aiyon's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2017.00/1622.77
=1.24

* 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.

Okada Aiyon's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Okada Aiyon'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)
=2244.353/112.7000*112.7000
=2,244.353

Current CPI (Mar. 2026) = 112.7000.

Okada Aiyon Quarterly Data

Book Value per Share CPI Adj_Book
201512 995.155 98.100 1,143.262
201603 998.026 97.900 1,148.902
201606 972.387 98.100 1,117.105
201609 1,009.833 98.000 1,161.308
201612 1,035.159 98.400 1,185.594
201703 1,085.541 98.100 1,247.100
201706 1,070.067 98.500 1,224.330
201709 1,124.044 98.800 1,282.184
201712 1,122.724 99.400 1,272.948
201803 1,169.673 99.200 1,328.852
201806 1,168.208 99.200 1,327.188
201809 1,223.467 99.900 1,380.228
201812 1,229.254 99.700 1,389.538
201903 1,265.871 99.700 1,430.929
201906 1,259.355 99.800 1,422.137
201909 1,303.541 100.100 1,467.623
201912 1,292.905 100.500 1,449.855
202003 1,343.239 100.300 1,509.302
202006 1,332.544 99.900 1,503.280
202009 1,369.598 99.900 1,545.082
202012 1,375.358 99.300 1,560.955
202103 1,423.518 99.900 1,605.911
202106 1,434.813 99.500 1,625.160
202109 1,490.783 100.100 1,678.434
202112 1,513.840 100.100 1,704.393
202203 1,564.742 101.100 1,744.277
202206 1,604.718 101.800 1,776.539
202209 1,674.331 103.100 1,830.234
202212 1,759.317 104.100 1,904.659
202303 1,739.701 104.400 1,878.011
202306 1,747.261 105.200 1,871.828
202309 1,859.040 106.200 1,972.823
202312 1,978.877 106.800 2,088.197
202403 1,994.024 107.200 2,096.329
202409 2,062.435 108.900 2,134.402
202503 2,142.279 111.100 2,173.131
202506 2,058.469 111.700 2,076.898
202509 2,157.065 112.000 2,170.547
202512 2,243.075 113.000 2,237.120
202603 2,244.353 112.700 2,244.353

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 1.24 mean?
Okada Aiyon (TSE:6294) has a Cyclically Adjusted PB Ratio of 1.24 as of Aug. 09, 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 Okada Aiyon and its competitors. This is near median its historical median of 1.35. Over the past decade, Okada Aiyon's Cyclically Adjusted PB Ratio has ranged from 0.76 to 2.16. According to the industry distribution chart, Okada Aiyon ranks #65 out of 166 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 39.2%.
Is Okada Aiyon's Cyclically Adjusted PB Ratio too high?
Okada Aiyon's current Cyclically Adjusted PB Ratio of 1.24 is near median its 10-year median of 1.35. Over the past 10 years, this metric has ranged from a low of 0.76 to a high of 2.16. The Farm & Heavy Construction Machinery industry median Cyclically Adjusted PB Ratio is 1.57. Okada Aiyon's value of 1.24 is 20.8% below this industry median. Based on the distribution chart, Okada Aiyon ranks #65 out of 166 companies in the Farm & Heavy Construction Machinery industry, which is above the industry midpoint. Overall, Okada Aiyon has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Okada Aiyon's Cyclically Adjusted PB Ratio compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, Okada Aiyon ranks #65 out of 166 companies for Cyclically Adjusted PB Ratio. This puts Okada Aiyon in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.57. Okada Aiyon's value of 1.24 is 20.8% below this benchmark. Historically, Okada Aiyon's own Cyclically Adjusted PB Ratio has ranged from 0.76 to 2.16 over the past decade. While the company's 10-year median is 1.35 vs. the industry median of 1.57, Okada Aiyon 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. Okada Aiyon's current Cyclically Adjusted PB Ratio of 1.24 is 20.8% 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 Okada Aiyon 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. Okada Aiyon's current Cyclically Adjusted PB Ratio is 1.24, which is near median its own 10-year median of 1.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Okada Aiyon stock overvalued right now?
Based on GuruFocus' analysis, Okada Aiyon (TSE:6294) is currently considered Modestly Undervalued. The stock's GF Value™ is 円2,237.01, compared to a current price of 円2,017.00 — trading 9.8% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.24, which is near median its 10-year median of 1.35 and 20.8% below the Farm & Heavy Construction Machinery industry median of 1.57. Okada Aiyon's overall GF Score™ is 81/100 with 5 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 Okada Aiyon (TSE:6294), the current Cyclically Adjusted PB Ratio is 1.24 as of Aug. 09, 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 Okada Aiyon (TSE:6294) Overvalued in 2026?

Based on GuruFocus' analysis, Okada Aiyon stock appears to be undervalued. The current stock price of 円2,017.00 is trading 9.8% below its estimated GF Value™ of 円2,237.01. GuruFocus considers Okada Aiyon to be Modestly Undervalued.

Key valuation signals for TSE:6294:

  • Cyclically Adjusted PB Ratio: 1.24 (near median its 10-year median of 1.35)
  • GF Value™: 円2,237.01 vs. price of 円2,017.00 (9.8% below fair value)
  • GF Score™: 81/100 with 5 warning signs
  • Industry Position: 20.8% below the Farm & Heavy Construction Machinery median (#65 of 166)

No single metric tells the full story. See the TSE:6294 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Okada Aiyon Business Description

Address 4-1-18, Kaigan-dori, Minato-ku, Osaka, JPN, 5520022
Okada Aiyon Corp manufactures and sells demolition equipment principally in Japan. Its products include breakers, primary crushers, pulverizers, cutters, magnets, grapples, screens, wood smashers, attachments, and parts, as well as drills, recycling machines, and materials. Geographically, the company generates the majority of its revenue from the domestic market.
81GF Score

Get the complete analysis for TSE:6294

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

円2,017.00
Price
円2,237.01
GF Value