Tsurumi Manufacturing Co (TSE:6351) Cyclically Adjusted PB Ratio: 1.56 (As of Aug. 17, 2026) — 44% Above Median

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TSE:6351 Tsurumi Manufacturing Co Ltd TSE:6351
87 GF Score
Price 円2,413.00
GF Value 円2,335.45
Valuation Fairly Valued
! 4 Warning Signs
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What is Tsurumi Manufacturing Co Cyclically Adjusted PB Ratio?

Tsurumi Manufacturing Co TSE:6351 -1.11% 87 Cyclically Adjusted PB Ratio is 1.56 as of Aug. 17, 2026, which is 44% above its 10-year median of 1.08. GuruFocus rates TSE:6351 with a GF Score™ of 87/100 and a GF Value™ of 円2,335.45 (Fairly Valued). The stock has 4 warning signs investors should review. Among 2,203 Industrial Products companies, Tsurumi Manufacturing Co ranks better than 62.32% on this metric.

As of today (2026-08-17), Tsurumi Manufacturing Co's current share price is 円2413.00. Tsurumi Manufacturing Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円1,542.60. Tsurumi Manufacturing Co's Cyclically Adjusted PB Ratio for today is 1.56.

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

TSE:6351' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.7   Med: 1.08   Max: 1.86
Current: 1.56

During the past years, Tsurumi Manufacturing Co's highest Cyclically Adjusted PB Ratio was 1.86. The lowest was 0.70. And the median was 1.08.

TSE:6351's Cyclically Adjusted PB Ratio is ranked better than
62.32% of 2203 companies
in the Industrial Products industry
Industry Median: 2.18 vs TSE:6351: 1.56

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.

Tsurumi Manufacturing Co's adjusted book value per share data for the three months ended in Mar. 2026 was 円2,127.486. 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1,542.60 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tsurumi Manufacturing Co  (TSE:6351) 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.


Tsurumi Manufacturing Co Cyclically Adjusted PB Ratio Related Terms


Tsurumi Manufacturing Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Tsurumi Manufacturing 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.

Tsurumi Manufacturing Co Cyclically Adjusted PB Ratio Chart

Tsurumi Manufacturing Co 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 0.84 0.87 1.43 1.09 1.33

Tsurumi Manufacturing Co 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 1.25 1.36 1.41 1.33 0.00

TSE:6351 vs GEV, ETN, PH: Cyclically Adjusted PB Ratio Comparison

For the Specialty Industrial Machinery subindustry, Tsurumi Manufacturing 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.


Tsurumi Manufacturing Co Cyclically Adjusted PB Ratio vs Industrial Products Industry

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

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


TSE:6351
87GF Score
Tsurumi Manufacturing Co Ltd TSE:6351
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tsurumi Manufacturing 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.

Tsurumi Manufacturing Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2413.00/1542.60
=1.56

* 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.

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

For example, Tsurumi Manufacturing 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)
=2127.486/112.7000*112.7000
=2,127.486

Current CPI (Mar. 2026) = 112.7000.

Tsurumi Manufacturing Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 968.849 98.100 1,113.041
201609 978.015 98.000 1,124.717
201612 1,022.984 98.400 1,171.649
201703 1,048.923 98.100 1,205.032
201706 1,062.980 98.500 1,216.222
201709 1,088.380 98.800 1,241.502
201712 1,105.413 99.400 1,253.320
201803 1,113.445 99.200 1,264.972
201806 1,125.886 99.200 1,279.106
201809 1,151.686 99.900 1,299.249
201812 1,138.866 99.700 1,287.364
201903 1,169.239 99.700 1,321.697
201906 1,171.676 99.800 1,323.125
201909 1,186.952 100.100 1,336.359
201912 1,209.637 100.500 1,356.479
202003 1,221.035 100.300 1,371.990
202006 1,234.015 99.900 1,392.127
202009 1,259.475 99.900 1,420.849
202012 1,263.050 99.300 1,433.492
202103 1,317.545 99.900 1,486.360
202106 1,332.102 99.500 1,508.823
202109 1,358.421 100.100 1,529.411
202112 1,378.889 100.100 1,552.455
202203 1,420.846 101.100 1,583.871
202206 1,484.755 101.800 1,643.732
202209 1,529.440 103.100 1,671.851
202212 1,522.134 104.100 1,647.882
202303 1,568.811 104.400 1,693.534
202306 1,656.038 105.200 1,774.102
202309 1,713.192 106.200 1,818.048
202312 1,722.983 106.800 1,818.167
202403 1,801.513 107.200 1,893.941
202406 0.000 108.200 0.000
202409 1,862.080 108.900 1,927.056
202412 1,929.684 110.700 1,964.547
202503 1,946.913 111.100 1,974.951
202506 1,962.975 111.700 1,980.549
202509 2,032.918 112.000 2,045.624
202512 2,112.494 113.000 2,106.886
202603 2,127.486 112.700 2,127.486

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 1.56 mean?
Tsurumi Manufacturing Co (TSE:6351) has a Cyclically Adjusted PB Ratio of 1.56 as of Aug. 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 Tsurumi Manufacturing Co and its competitors. This is 44% above median its historical median of 1.08. Over the past decade, Tsurumi Manufacturing Co's Cyclically Adjusted PB Ratio has ranged from 0.70 to 1.86. According to the industry distribution chart, Tsurumi Manufacturing Co ranks #830 out of 2203 companies in the Industrial Products industry, placing it in the top 37.7%.
Is Tsurumi Manufacturing Co's Cyclically Adjusted PB Ratio too high?
Tsurumi Manufacturing Co's current Cyclically Adjusted PB Ratio of 1.56 is 44% above median its 10-year median of 1.08. Over the past 10 years, this metric has ranged from a low of 0.70 to a high of 1.86. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.18. Tsurumi Manufacturing Co's value of 1.56 is 28.4% below this industry median. Based on the distribution chart, Tsurumi Manufacturing Co ranks #830 out of 2203 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Tsurumi Manufacturing Co has a GF Score™ of 87/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Tsurumi Manufacturing Co's Cyclically Adjusted PB Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Tsurumi Manufacturing Co ranks #830 out of 2203 companies for Cyclically Adjusted PB Ratio. This puts Tsurumi Manufacturing Co in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.18. Tsurumi Manufacturing Co's value of 1.56 is 28.4% below this benchmark. Historically, Tsurumi Manufacturing Co's own Cyclically Adjusted PB Ratio has ranged from 0.70 to 1.86 over the past decade. While the company's 10-year median is 1.08 vs. the industry median of 2.18, Tsurumi Manufacturing Co 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 an Industrial Products company?
The median Cyclically Adjusted PB Ratio among Industrial Products companies is 2.18, based on 2,203 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. Tsurumi Manufacturing Co's current Cyclically Adjusted PB Ratio of 1.56 is 28.4% 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 Tsurumi Manufacturing Co and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tsurumi Manufacturing Co's current Cyclically Adjusted PB Ratio is 1.56, which is 44% above median its own 10-year median of 1.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tsurumi Manufacturing Co stock overvalued right now?
Based on GuruFocus' analysis, Tsurumi Manufacturing Co (TSE:6351) is currently considered Fairly Valued. The stock's GF Value™ is 円2,335.45, compared to a current price of 円2,413.00 — trading 3.3% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.56, which is 44% above median its 10-year median of 1.08 and 28.4% below the Industrial Products industry median of 2.18. Tsurumi Manufacturing Co's overall GF Score™ is 87/100 with 4 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 Tsurumi Manufacturing Co (TSE:6351), the current Cyclically Adjusted PB Ratio is 1.56 as of Aug. 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 Tsurumi Manufacturing Co (TSE:6351) Overvalued in 2026?

Based on GuruFocus' analysis, Tsurumi Manufacturing Co stock appears to be overvalued. The current stock price of 円2,413.00 is trading 3.3% above its estimated GF Value™ of 円2,335.45. GuruFocus considers Tsurumi Manufacturing Co to be Fairly Valued.

Key valuation signals for TSE:6351:

  • Cyclically Adjusted PB Ratio: 1.56 (44% above median its 10-year median of 1.08)
  • GF Value™: 円2,335.45 vs. price of 円2,413.00 (3.3% above fair value)
  • GF Score™: 87/100 with 4 warning signs
  • Industry Position: 28.4% below the Industrial Products median (#830 of 2203)

No single metric tells the full story. See the TSE:6351 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tsurumi Manufacturing Co Business Description

Address 4-16-40 Tsurumi, Tsurumi-ku, Osaka-shi, Osaka, JPN, 538-8585
Tsurumi Manufacturing Co Ltd is a Japan-based company mainly engaged in the manufacture, purchase, sale, lease, rent, and repair of water pumps. The company offers products including submersible and non-submersible construction dewatering pumps, submersible sewage and wastewater pumps, submersible seawater pumps, non-submersible clean water pumps, and other submersible pumps. It also provides liquid ring pumps, water treatment equipment comprising of aeration equipment, scum skimmers, decanters, dehydrators, and screening equipment, portable generators, and liquid level sensors. Additionally, the company's products are used in construction and mining, industrial and energy, agricultural and irrigation, river and flood control, waterworks and wastewater, and environmental protection fields.
87GF Score

Get the complete analysis for TSE:6351

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

円2,413.00
Price
円2,335.45
GF Value