Mitsubishi Kakoki Kaisha (TSE:6331) Cyclically Adjusted PB Ratio: 2.68 (As of Sep. 17, 2026) — 188% Above Median

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:6331 Mitsubishi Kakoki Kaisha Ltd TSE:6331
83 GF Score
Price 円3,395.00
GF Value 円2,177.47
Valuation Significantly Overvalued
! 1 Warning Sign
View Full Analysis

What is Mitsubishi Kakoki Kaisha Cyclically Adjusted PB Ratio?

Mitsubishi Kakoki Kaisha TSE:6331 +3.03% 83 Cyclically Adjusted PB Ratio is 2.68 as of Sep. 17, 2026, which is 188% above its 10-year median of 0.93. GuruFocus rates TSE:6331 with a GF Score™ of 83/100 and a GF Value™ of 円2,177.47 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 2,100 Industrial Products companies, Mitsubishi Kakoki Kaisha ranks worse than 59.05% on this metric.

As of today (2026-09-17), Mitsubishi Kakoki Kaisha's current share price is 円3395.00. Mitsubishi Kakoki Kaisha's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円1,266.26. Mitsubishi Kakoki Kaisha's Cyclically Adjusted PB Ratio for today is 2.68.

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

TSE:6331' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.57   Med: 0.93   Max: 3.19
Current: 2.59

During the past years, Mitsubishi Kakoki Kaisha's highest Cyclically Adjusted PB Ratio was 3.19. The lowest was 0.57. And the median was 0.93.

TSE:6331's Cyclically Adjusted PB Ratio is ranked worse than
59.05% of 2100 companies
in the Industrial Products industry
Industry Median: 2.08 vs TSE:6331: 2.59

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.

Mitsubishi Kakoki Kaisha's adjusted book value per share data for the three months ended in Mar. 2026 was 円1,972.338. 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1,266.26 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mitsubishi Kakoki Kaisha  (TSE:6331) 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.


Mitsubishi Kakoki Kaisha Cyclically Adjusted PB Ratio Related Terms


Mitsubishi Kakoki Kaisha Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Mitsubishi Kakoki Kaisha'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.

Mitsubishi Kakoki Kaisha Cyclically Adjusted PB Ratio Chart

Mitsubishi Kakoki Kaisha 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 0.76 0.78 1.29 1.14 2.19

Mitsubishi Kakoki Kaisha 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 1.71 2.23 2.60 2.30 2.79

TSE:6331 vs VLTO, ZWS, CECO: Cyclically Adjusted PB Ratio Comparison

For the Pollution & Treatment Controls subindustry, Mitsubishi Kakoki Kaisha'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.


Mitsubishi Kakoki Kaisha Cyclically Adjusted PB Ratio vs Industrial Products Industry

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

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


TSE:6331
83GF Score
Mitsubishi Kakoki Kaisha Ltd TSE:6331
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mitsubishi Kakoki Kaisha 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.

Mitsubishi Kakoki Kaisha's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3395.00/1266.255
=2.68

* 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.

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

For example, Mitsubishi Kakoki Kaisha'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)
=1972.338/112.7000*112.7000
=1,972.338

Current CPI (Mar. 2026) = 112.7000.

Mitsubishi Kakoki Kaisha Quarterly Data

Book Value per Share CPI Adj_Book
201606 626.196 98.100 719.391
201609 654.740 98.000 752.951
201612 715.119 98.400 819.044
201703 732.532 98.100 841.553
201706 784.062 98.500 897.094
201709 855.362 98.800 975.701
201712 903.993 99.400 1,024.950
201803 941.223 99.200 1,069.313
201806 945.803 99.200 1,074.516
201809 981.464 99.900 1,107.217
201812 923.244 99.700 1,043.627
201903 946.694 99.700 1,070.135
201906 914.103 99.800 1,032.259
201909 925.846 100.100 1,042.386
201912 977.924 100.500 1,096.637
202003 933.799 100.300 1,049.244
202006 948.997 99.900 1,070.590
202009 977.680 99.900 1,102.948
202012 1,024.201 99.300 1,162.411
202103 1,110.689 99.900 1,253.000
202106 1,087.631 99.500 1,231.920
202109 1,141.827 100.100 1,285.553
202112 1,125.185 100.100 1,266.817
202203 1,196.426 101.100 1,333.701
202206 1,188.233 101.800 1,315.460
202209 1,229.141 103.100 1,343.591
202212 1,309.625 104.100 1,417.817
202303 1,327.175 104.400 1,432.688
202306 1,351.647 105.200 1,448.010
202309 1,415.639 106.200 1,502.284
202312 1,446.329 106.800 1,526.229
202403 1,513.314 107.200 1,590.956
202406 1,538.713 108.200 1,602.708
202409 1,562.601 108.900 1,617.127
202412 1,598.110 110.700 1,626.983
202503 1,674.456 111.100 1,698.571
202506 1,672.167 111.700 1,687.137
202509 1,752.750 112.000 1,763.705
202512 1,786.396 113.000 1,781.653
202603 1,972.338 112.700 1,972.338

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 2.68 mean?
Mitsubishi Kakoki Kaisha (TSE:6331) has a Cyclically Adjusted PB Ratio of 2.68 as of Sep. 17, 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 Mitsubishi Kakoki Kaisha and its competitors. This is 188% above median its historical median of 0.93. Over the past decade, Mitsubishi Kakoki Kaisha's Cyclically Adjusted PB Ratio has ranged from 0.57 to 3.19. According to the industry distribution chart, Mitsubishi Kakoki Kaisha ranks #1240 out of 2100 companies in the Industrial Products industry, placing it in the top 59%.
Is Mitsubishi Kakoki Kaisha's Cyclically Adjusted PB Ratio too high?
Mitsubishi Kakoki Kaisha's current Cyclically Adjusted PB Ratio of 2.68 is 188% above median its 10-year median of 0.93. Over the past 10 years, this metric has ranged from a low of 0.57 to a high of 3.19. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.08. Mitsubishi Kakoki Kaisha's value of 2.68 is 28.8% above this industry median. Based on the distribution chart, Mitsubishi Kakoki Kaisha ranks #1240 out of 2100 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Mitsubishi Kakoki Kaisha has a GF Score™ of 83/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mitsubishi Kakoki Kaisha's Cyclically Adjusted PB Ratio compare to VLTO and ZWS?
According to the Industrial Products industry distribution chart, Mitsubishi Kakoki Kaisha ranks #1240 out of 2100 companies for Cyclically Adjusted PB Ratio. This places Mitsubishi Kakoki Kaisha in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.08. Mitsubishi Kakoki Kaisha's value of 2.68 is 28.8% above this benchmark. Historically, Mitsubishi Kakoki Kaisha's own Cyclically Adjusted PB Ratio has ranged from 0.57 to 3.19 over the past decade. While the company's 10-year median is 0.93 vs. the industry median of 2.08, Mitsubishi Kakoki Kaisha 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 2.08, based on 2,100 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. Mitsubishi Kakoki Kaisha's current Cyclically Adjusted PB Ratio of 2.68 is 28.8% 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 Mitsubishi Kakoki Kaisha and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mitsubishi Kakoki Kaisha's current Cyclically Adjusted PB Ratio is 2.68, which is 188% above median its own 10-year median of 0.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mitsubishi Kakoki Kaisha stock overvalued right now?
Based on GuruFocus' analysis, Mitsubishi Kakoki Kaisha (TSE:6331) is currently considered Significantly Overvalued. The stock's GF Value™ is 円2,177.47, compared to a current price of 円3,395.00 — trading 55.9% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.68, which is 188% above median its 10-year median of 0.93 and 28.8% above the Industrial Products industry median of 2.08. Mitsubishi Kakoki Kaisha's overall GF Score™ is 83/100 with 1 warning sign 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 Mitsubishi Kakoki Kaisha (TSE:6331), the current Cyclically Adjusted PB Ratio is 2.68 as of Sep. 17, 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 Mitsubishi Kakoki Kaisha (TSE:6331) Overvalued in 2026?

Based on GuruFocus' analysis, Mitsubishi Kakoki Kaisha stock appears to be overvalued. The current stock price of 円3,395.00 is trading 55.9% above its estimated GF Value™ of 円2,177.47. GuruFocus considers Mitsubishi Kakoki Kaisha to be Significantly Overvalued.

Key valuation signals for TSE:6331:

  • Cyclically Adjusted PB Ratio: 2.68 (188% above median its 10-year median of 0.93)
  • GF Value™: 円2,177.47 vs. price of 円3,395.00 (55.9% above fair value)
  • GF Score™: 83/100 with 1 warning sign
  • Industry Position: 28.8% above the Industrial Products median (#1240 of 2100)

No single metric tells the full story. See the TSE:6331 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mitsubishi Kakoki Kaisha Business Description

Other Exchanges 893:Germany
Address 2-1 Ohkawa-cho, Kawasaki-ku, Kawasaki, Kanagawa, JPN, 210-8560
Mitsubishi Kakoki Kaisha Ltd is a manufacturer of chemical plant equipment. The reportable segments of the company are the Engineering business and the Machinery business. The Engineering business includes city gas and petroleum-related plants, a variety of chemical engineering plants, hydrogen generation plants, sewage treatment equipment, diverse water treatment equipment and related products. The Machinery business includes oil purifiers, a variety of separation and filtration machinery, seawater screening facility mixers and related products. It serves the diversified industries in the fields of energy, chemicals, foodstuffs, pharmaceuticals, air purification, and water and waste treatment. The company has an operational presence across Europe, Mainland China, Taiwan and Thailand.
83GF Score

Get the complete analysis for TSE:6331

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

円3,395.00
Price
円2,177.47
GF Value