ISHII HYOKI Co (TSE:6336) Cyclically Adjusted PB Ratio: 2.49 (As of Aug. 22, 2026) — 26% 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:6336 ISHII HYOKI Co Ltd TSE:6336
63 GF Score
Price 円1,642.00
GF Value 円626.15
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is ISHII HYOKI Co Cyclically Adjusted PB Ratio?

ISHII HYOKI Co TSE:6336 -1.97% 63 Cyclically Adjusted PB Ratio is 2.49 as of Aug. 22, 2026, which is 26% above its 10-year median of 1.97. GuruFocus rates TSE:6336 with a GF Score™ of 63/100 and a GF Value™ of 円626.15 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 2,159 Industrial Products companies, ISHII HYOKI Co ranks worse than 56.23% on this metric.

As of today (2026-08-22), ISHII HYOKI Co's current share price is 円1642.00. ISHII HYOKI Co's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2026 was 円660.35. ISHII HYOKI Co's Cyclically Adjusted PB Ratio for today is 2.49.

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

TSE:6336' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.89   Med: 1.97   Max: 5.18
Current: 2.49

During the past years, ISHII HYOKI Co's highest Cyclically Adjusted PB Ratio was 5.18. The lowest was 0.89. And the median was 1.97.

TSE:6336's Cyclically Adjusted PB Ratio is ranked worse than
56.23% of 2159 companies
in the Industrial Products industry
Industry Median: 2.14 vs TSE:6336: 2.49

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.

ISHII HYOKI Co's adjusted book value per share data for the three months ended in Jan. 2026 was 円1,332.374. 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660.35 for the trailing ten years ended in Jan. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


ISHII HYOKI Co  (TSE:6336) 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.


ISHII HYOKI Co Cyclically Adjusted PB Ratio Related Terms


ISHII HYOKI Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for ISHII HYOKI 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.

ISHII HYOKI Co Cyclically Adjusted PB Ratio Chart

ISHII HYOKI Co Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.03 1.90 1.55 0.92 1.12

ISHII HYOKI Co Quarterly Data
Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 1.10 1.05 1.12 0.00

TSE:6336 vs GEV, ETN, PH: Cyclically Adjusted PB Ratio Comparison

For the Specialty Industrial Machinery subindustry, ISHII HYOKI 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.


ISHII HYOKI Co Cyclically Adjusted PB Ratio vs Industrial Products Industry

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

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


TSE:6336
63GF Score
ISHII HYOKI Co Ltd TSE:6336
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ISHII HYOKI 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.

ISHII HYOKI Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1642.00/660.35
=2.49

* 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.

ISHII HYOKI Co's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2026 is calculated as:

For example, ISHII HYOKI Co's adjusted Book Value per Share data for the three months ended in Jan. 2026 was:

Adj_Book=Book Value per Share/CPI of Jan. 2026 (Change)*Current CPI (Jan. 2026)
=1332.374/112.9000*112.9000
=1,332.374

Current CPI (Jan. 2026) = 112.9000.

ISHII HYOKI Co Quarterly Data

Book Value per Share CPI Adj_Book
201601 278.173 97.700 321.451
201604 280.120 98.100 322.381
201607 161.381 97.900 186.107
201610 174.108 98.600 199.359
201701 217.790 98.200 250.392
201704 250.639 98.500 287.281
201707 276.729 98.300 317.830
201710 204.173 98.800 233.311
201801 251.850 99.500 285.767
201804 266.906 99.100 304.074
201807 308.334 99.200 350.916
201810 327.444 100.200 368.946
201901 366.234 99.700 414.722
201904 363.500 100.000 410.392
201907 348.931 99.800 394.733
201910 366.050 100.400 411.624
202001 374.899 100.500 421.155
202004 355.043 100.200 400.043
202007 387.126 100.000 437.065
202010 425.732 99.800 481.615
202101 450.499 99.800 509.633
202104 492.774 99.100 561.394
202107 555.424 99.700 628.961
202110 606.801 99.900 685.764
202201 670.176 100.300 754.366
202204 721.820 101.500 802.891
202207 766.668 102.300 846.108
202210 862.235 103.700 938.730
202301 910.378 104.700 981.678
202304 961.329 105.100 1,032.674
202307 1,020.242 105.700 1,089.738
202310 1,065.810 107.100 1,123.529
202401 1,065.252 106.900 1,125.042
202404 1,085.490 107.700 1,137.900
202407 1,156.261 108.600 1,202.043
202501 1,194.407 111.200 1,212.667
202504 1,168.908 111.500 1,183.585
202507 1,193.621 111.900 1,204.288
202510 1,260.391 112.800 1,261.508
202601 1,332.374 112.900 1,332.374

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 2.49 mean?
ISHII HYOKI Co (TSE:6336) has a Cyclically Adjusted PB Ratio of 2.49 as of Aug. 22, 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 ISHII HYOKI Co and its competitors. This is 26% above median its historical median of 1.97. Over the past decade, ISHII HYOKI Co's Cyclically Adjusted PB Ratio has ranged from 0.89 to 5.18. According to the industry distribution chart, ISHII HYOKI Co ranks #1214 out of 2159 companies in the Industrial Products industry, placing it in the top 56.2%.
Is ISHII HYOKI Co's Cyclically Adjusted PB Ratio too high?
ISHII HYOKI Co's current Cyclically Adjusted PB Ratio of 2.49 is 26% above median its 10-year median of 1.97. Over the past 10 years, this metric has ranged from a low of 0.89 to a high of 5.18. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.14. ISHII HYOKI Co's value of 2.49 is 16.4% above this industry median. Based on the distribution chart, ISHII HYOKI Co ranks #1214 out of 2159 companies in the Industrial Products industry, which is below the industry midpoint. Overall, ISHII HYOKI Co has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does ISHII HYOKI Co's Cyclically Adjusted PB Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, ISHII HYOKI Co ranks #1214 out of 2159 companies for Cyclically Adjusted PB Ratio. This places ISHII HYOKI Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.14. ISHII HYOKI Co's value of 2.49 is 16.4% above this benchmark. Historically, ISHII HYOKI Co's own Cyclically Adjusted PB Ratio has ranged from 0.89 to 5.18 over the past decade. While the company's 10-year median is 1.97 vs. the industry median of 2.14, ISHII HYOKI 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. ISHII HYOKI Co's current Cyclically Adjusted PB Ratio of 2.49 is 16.4% 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 ISHII HYOKI 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. ISHII HYOKI Co's current Cyclically Adjusted PB Ratio is 2.49, which is 26% above median its own 10-year median of 1.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ISHII HYOKI Co stock overvalued right now?
Based on GuruFocus' analysis, ISHII HYOKI Co (TSE:6336) is currently considered Significantly Overvalued. The stock's GF Value™ is 円626.15, compared to a current price of 円1,642.00 — trading 162.2% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.49, which is 26% above median its 10-year median of 1.97 and 16.4% above the Industrial Products industry median of 2.14. ISHII HYOKI Co's overall GF Score™ is 63/100 with 3 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 ISHII HYOKI Co (TSE:6336), the current Cyclically Adjusted PB Ratio is 2.49 as of Aug. 22, 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 ISHII HYOKI Co (TSE:6336) Overvalued in 2026?

Based on GuruFocus' analysis, ISHII HYOKI Co stock appears to be overvalued. The current stock price of 円1,642.00 is trading 162.2% above its estimated GF Value™ of 円626.15. GuruFocus considers ISHII HYOKI Co to be Significantly Overvalued.

Key valuation signals for TSE:6336:

  • Cyclically Adjusted PB Ratio: 2.49 (26% above median its 10-year median of 1.97)
  • GF Value™: 円626.15 vs. price of 円1,642.00 (162.2% above fair value)
  • GF Score™: 63/100 with 3 warning signs
  • Industry Position: 16.4% above the Industrial Products median (#1214 of 2159)

No single metric tells the full story. See the TSE:6336 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ISHII HYOKI Co Business Description

Address No. 5, Asahioka, Kannabe-cho, Fukuyama-shi, JPN, 720-2113
ISHII HYOKI Co Ltd is engaged as a manufacturer of electrical machinery and peripheral electronic machinery parts, machinery for automobile industry, aqua clean system, and inkjet systems.
63GF Score

Get the complete analysis for TSE:6336

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

円1,642.00
Price
円626.15
GF Value