Maruyama MFG Co (TSE:6316) Cyclically Adjusted PB Ratio: (As of Aug. 08, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
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:6316 Maruyama MFG Co Inc TSE:6316
72 GF Score
Price 円2,765.00
GF Value 円2,528.63
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is Maruyama MFG Co Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Maruyama MFG Co  (TSE:6316) 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.


Maruyama MFG Co Cyclically Adjusted PB Ratio Related Terms


Maruyama MFG Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Maruyama MFG 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.

Maruyama MFG Co Cyclically Adjusted PB Ratio Chart

Maruyama MFG Co Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.51 0.43 0.63 0.63 0.54

Maruyama MFG Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 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 0.54 0.00 0.54 0.00 0.00

TSE:6316 vs CAT, DE, PCAR: Cyclically Adjusted PB Ratio Comparison

For the Farm & Heavy Construction Machinery subindustry, Maruyama MFG 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.


Maruyama MFG Co Cyclically Adjusted PB Ratio vs Farm & Heavy Construction Machinery Industry

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

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


TSE:6316
72GF Score
Maruyama MFG Co Inc TSE:6316
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Maruyama MFG 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.

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

For example, Maruyama MFG Co'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)
=5476.129/112.7000*112.7000
=5,476.129

Current CPI (Mar. 2026) = 112.7000.

Maruyama MFG Co Quarterly Data

Book Value per Share CPI Adj_Book
201603 2,868.201 97.900 3,301.800
201606 2,866.368 98.100 3,292.963
201609 2,820.737 98.000 3,243.848
201612 2,821.552 98.400 3,231.595
201703 2,877.164 98.100 3,305.366
201706 2,982.685 98.500 3,412.676
201709 3,125.688 98.800 3,565.436
201712 3,057.995 99.400 3,467.163
201803 3,118.749 99.200 3,543.176
201806 3,151.995 99.200 3,580.946
201809 3,291.564 99.900 3,713.306
201812 3,063.169 99.700 3,462.579
201903 3,111.111 99.700 3,516.772
201906 3,198.842 99.800 3,612.320
201909 3,260.522 100.100 3,670.937
201912 3,205.808 100.500 3,594.971
202003 3,146.510 100.300 3,535.510
202006 3,250.681 99.900 3,667.185
202009 3,389.182 99.900 3,823.432
202012 3,366.272 99.300 3,820.532
202103 3,541.507 99.900 3,995.274
202106 3,614.219 99.500 4,093.693
202109 3,732.806 100.100 4,202.670
202112 3,706.749 100.100 4,173.333
202203 3,776.554 101.100 4,209.868
202206 3,891.102 101.800 4,307.733
202209 3,976.755 103.100 4,347.045
202212 3,951.027 104.100 4,277.433
202303 4,048.190 104.400 4,370.029
202306 4,234.627 105.200 4,536.525
202309 4,493.154 106.200 4,768.159
202312 4,364.821 106.800 4,605.949
202403 4,597.001 107.200 4,832.855
202406 4,675.059 108.200 4,869.493
202409 4,764.108 108.900 4,930.349
202503 4,810.811 111.100 4,880.094
202506 4,879.132 111.700 4,922.813
202509 5,208.902 112.000 5,241.458
202512 5,234.565 113.000 5,220.668
202603 5,476.129 112.700 5,476.129

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 Maruyama MFG Co (TSE:6316) Overvalued in 2026?

Based on GuruFocus' analysis, Maruyama MFG Co stock appears to be overvalued. The current stock price of 円2,765.00 is trading 9.3% above its estimated GF Value™ of 円2,528.63. GuruFocus considers Maruyama MFG Co to be Fairly Valued.

Key valuation signals for TSE:6316:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: 円2,528.63 vs. price of 円2,765.00 (9.3% above fair value)
  • GF Score™: 72/100 with 6 warning signs

No single metric tells the full story. See the TSE:6316 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Maruyama MFG Co Business Description

Address 3-4-15 Uchikanda, Chiyoda-ku, Tokyo, JPN, 101-0047
Maruyama MFG Co Inc is a Japan-based company engaged in the manufacture and sale of agricultural machines and environmental sanitation machines. It also manufactures and sells firefighting equipment, industrial pumps, cleaning equipment, construction machinery, engines, cars and other vehicles used for agriculture. In addition, the group is also involved in the contracted design, construction of plumbing and fire-prevention equipment real estate and leasing business. The group conducts its business operations in Japan and internationally.
72GF Score

Get the complete analysis for TSE:6316

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

円2,765.00
Price
円2,528.63
GF Value