Aichi (TSE:6345) Cyclically Adjusted PB Ratio: 1.40 (As of Aug. 03, 2026) — 19% Above Median

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TSE:6345 Aichi Corp TSE:6345
76 GF Score
Price 円1,451.00
GF Value 円1,544.00
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is Aichi Cyclically Adjusted PB Ratio?

Aichi TSE:6345 +0.76% 76 Cyclically Adjusted PB Ratio is 1.40 as of Aug. 03, 2026, which is 19% above its 10-year median of 1.18. GuruFocus rates TSE:6345 with a GF Score™ of 76/100 and a GF Value™ of 円1,544.00 (Fairly Valued). The stock has 2 warning signs investors should review. Among 166 Farm & Heavy Construction Machinery companies, Aichi ranks better than 54.82% on this metric.

As of today (2026-08-03), Aichi's current share price is 円1451.00. Aichi's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was 円1,036.46. Aichi's Cyclically Adjusted PB Ratio for today is 1.40.

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

TSE:6345' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.76   Med: 1.18   Max: 1.59
Current: 1.4

During the past years, Aichi's highest Cyclically Adjusted PB Ratio was 1.59. The lowest was 0.76. And the median was 1.18.

TSE:6345's Cyclically Adjusted PB Ratio is ranked better than
54.82% of 166 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 1.535 vs TSE:6345: 1.40

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.

Aichi's adjusted book value per share data for the three months ended in Jun. 2026 was 円1,154.578. 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1,036.46 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Aichi  (TSE:6345) 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.


Aichi Cyclically Adjusted PB Ratio Related Terms


Aichi Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Aichi'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.

Aichi Cyclically Adjusted PB Ratio Chart

Aichi 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 1.16 0.96 1.21 1.30 1.28

Aichi 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 1.38 1.38 1.35 1.28 1.30

TSE:6345 vs CAT, DE, PCAR: Cyclically Adjusted PB Ratio Comparison

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


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

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

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


TSE:6345
76GF Score
Aichi Corp TSE:6345
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Aichi 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1451.00/1036.46
=1.40

* 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.

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

For example, Aichi's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=1154.578/113.6000*113.6000
=1,154.578

Current CPI (Jun. 2026) = 113.6000.

Aichi Quarterly Data

Book Value per Share CPI Adj_Book
201609 685.936 98.000 795.126
201612 711.234 98.400 821.099
201703 720.172 98.100 833.961
201706 725.516 98.500 836.737
201709 754.068 98.800 867.026
201712 763.202 99.400 872.231
201803 785.178 99.200 899.155
201806 786.582 99.200 900.763
201809 809.087 99.900 920.043
201812 804.942 99.700 917.166
201903 840.643 99.700 957.844
201906 843.832 99.800 960.514
201909 859.220 100.100 975.099
201912 863.977 100.500 976.595
202003 875.297 100.300 991.363
202006 882.331 99.900 1,003.331
202009 911.947 99.900 1,037.009
202012 918.977 99.300 1,051.317
202103 959.758 99.900 1,091.376
202106 945.999 99.500 1,080.055
202109 973.578 100.100 1,104.880
202112 979.501 100.100 1,111.602
202203 1,006.043 101.100 1,130.430
202206 997.236 101.800 1,112.829
202209 1,015.382 103.100 1,118.791
202212 1,002.225 104.100 1,093.686
202303 1,061.420 104.400 1,154.955
202306 1,065.881 105.200 1,150.989
202309 1,081.140 106.200 1,156.474
202312 1,061.819 106.800 1,129.425
202403 1,096.956 107.200 1,162.446
202406 1,093.409 108.200 1,147.978
202409 1,101.487 108.900 1,149.026
202412 1,102.585 110.700 1,131.469
202503 1,126.926 111.100 1,152.284
202506 1,074.752 111.700 1,093.033
202509 1,106.111 112.000 1,121.913
202512 1,110.696 113.000 1,116.594
202603 1,167.896 112.700 1,177.223
202606 1,154.578 113.600 1,154.578

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 1.40 mean?
Aichi (TSE:6345) has a Cyclically Adjusted PB Ratio of 1.40 as of Aug. 03, 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 Aichi and its competitors. This is 19% above median its historical median of 1.18. Over the past decade, Aichi's Cyclically Adjusted PB Ratio has ranged from 0.76 to 1.59. According to the industry distribution chart, Aichi ranks #75 out of 166 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 45.2%.
Is Aichi's Cyclically Adjusted PB Ratio too high?
Aichi's current Cyclically Adjusted PB Ratio of 1.40 is 19% above median its 10-year median of 1.18. Over the past 10 years, this metric has ranged from a low of 0.76 to a high of 1.59. The Farm & Heavy Construction Machinery industry median Cyclically Adjusted PB Ratio is 1.54. Aichi's value of 1.40 is 8.8% below this industry median. Based on the distribution chart, Aichi ranks #75 out of 166 companies in the Farm & Heavy Construction Machinery industry, which is above the industry midpoint. Overall, Aichi has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Aichi's Cyclically Adjusted PB Ratio compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, Aichi ranks #75 out of 166 companies for Cyclically Adjusted PB Ratio. This puts Aichi in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.54. Aichi's value of 1.40 is 8.8% below this benchmark. Historically, Aichi's own Cyclically Adjusted PB Ratio has ranged from 0.76 to 1.59 over the past decade. While the company's 10-year median is 1.18 vs. the industry median of 1.54, Aichi 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 1.54, 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. Aichi's current Cyclically Adjusted PB Ratio of 1.40 is 8.8% 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 Aichi and its competitors. For the Farm & Heavy Construction Machinery industry, the median Cyclically Adjusted PB Ratio is 1.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aichi's current Cyclically Adjusted PB Ratio is 1.40, which is 19% above median its own 10-year median of 1.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aichi stock overvalued right now?
Based on GuruFocus' analysis, Aichi (TSE:6345) is currently considered Fairly Valued. The stock's GF Value™ is 円1,544.00, compared to a current price of 円1,451.00 — trading 6% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.40, which is 19% above median its 10-year median of 1.18 and 8.8% below the Farm & Heavy Construction Machinery industry median of 1.54. Aichi's overall GF Score™ is 76/100 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 Aichi (TSE:6345), the current Cyclically Adjusted PB Ratio is 1.40 as of Aug. 03, 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 Aichi (TSE:6345) Overvalued in 2026?

Based on GuruFocus' analysis, Aichi stock appears to be undervalued. The current stock price of 円1,451.00 is trading 6% below its estimated GF Value™ of 円1,544.00. GuruFocus considers Aichi to be Fairly Valued.

Key valuation signals for TSE:6345:

  • Cyclically Adjusted PB Ratio: 1.40 (19% above median its 10-year median of 1.18)
  • GF Value™: 円1,544.00 vs. price of 円1,451.00 (6% below fair value)
  • GF Score™: 76/100 with 2 warning signs
  • Industry Position: 8.8% below the Farm & Heavy Construction Machinery median (#75 of 166)

No single metric tells the full story. See the TSE:6345 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Aichi Business Description

Other Exchanges 6345:Japan
Address 1152-10 Ryoke, Saitama, Ageo-shi, JPN, 362-8550
Aichi Corp is a Japan-based engaged in the manufacturing and selling of vehicles for electric utilities and telecommunications, and other vehicles for construction, cargo handling, shipbuilding, and railroad industries. The company's main products include Aerial work platforms, digger derricks, vehicles for the electric utilities, telecommunications, construction, shipbuilding and rail industries, and other specialized vehicles.
76GF Score

Get the complete analysis for TSE:6345

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

円1,451.00
Price
円1,544.00
GF Value