Daido Kogyo Co (TSE:6373) Cyclically Adjusted PB Ratio: 0.57 (As of Aug. 23, 2026) — 39% Above Median

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TSE:6373 Daido Kogyo Co Ltd TSE:6373
44 GF Score
Price 円1,489.00
GF Value 円883.68
! 9 Warning Signs
View Full Analysis

What is Daido Kogyo Co Cyclically Adjusted PB Ratio?

Daido Kogyo Co TSE:6373 44 Cyclically Adjusted PB Ratio is 0.57 as of Aug. 23, 2026, which is 39% above its 10-year median of 0.41. GuruFocus rates TSE:6373 with a GF Score™ of 44/100 and a GF Value™ of 円883.68. The stock has 9 warning signs investors should review.

As of today (2026-08-23), Daido Kogyo Co's current share price is 円1489.00. Daido Kogyo Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar25 was 円2,623.54. Daido Kogyo Co's Cyclically Adjusted PB Ratio for today is 0.57.

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

TSE:6373' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.27   Med: 0.41   Max: 0.94
Current: 0.57

During the past 13 years, Daido Kogyo Co's highest Cyclically Adjusted PB Ratio was 0.94. The lowest was 0.27. And the median was 0.41.

TSE:6373's Cyclically Adjusted PB Ratio is not ranked
in the Industrial Products industry.
Industry Median: 2.09 vs TSE:6373: 0.57

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.

Daido Kogyo Co's adjusted book value per share data of for the fiscal year that ended in Mar25 was 円3,030.082. 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2,623.54 for the trailing ten years ended in Mar25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Daido Kogyo Co  (TSE:6373) 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.


Daido Kogyo Co Cyclically Adjusted PB Ratio Related Terms


Daido Kogyo Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Daido Kogyo 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.

Daido Kogyo Co Cyclically Adjusted PB Ratio Chart

Daido Kogyo Co Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.46 0.43 0.32 0.31 0.33

Daido Kogyo Co Semi-Annual Data
Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
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 0.31 0.31 0.34 0.33 0.00

TSE:6373 vs GEV, ETN, PH: Cyclically Adjusted PB Ratio Comparison

For the Specialty Industrial Machinery subindustry, Daido Kogyo 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.


Daido Kogyo Co Cyclically Adjusted PB Ratio vs Industrial Products Industry

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

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


TSE:6373
44GF Score
Daido Kogyo Co Ltd TSE:6373
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Daido Kogyo 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.

Daido Kogyo Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1489.00/2623.54
=0.57

* 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.

Daido Kogyo Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar25 is calculated as:

For example, Daido Kogyo Co's adjusted Book Value per Share data for the fiscal year that ended in Mar25 was:

Adj_Book=Book Value per Share/CPI of Mar25 (Change)*Current CPI (Mar25)
=3030.082/111.1000*111.1000
=3,030.082

Current CPI (Mar25) = 111.1000.

Daido Kogyo Co Annual Data

Book Value per Share CPI Adj_Book
201603 2,047.695 97.900 2,323.789
201703 2,332.731 98.100 2,641.859
201803 2,555.083 99.200 2,861.590
201903 2,185.742 99.700 2,435.666
202003 1,917.071 100.300 2,123.495
202103 2,106.845 99.900 2,343.048
202203 2,420.913 101.100 2,660.370
202303 2,533.641 104.400 2,696.241
202403 3,009.757 107.200 3,119.254
202503 3,030.082 111.100 3,030.082

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 0.57 mean?
Daido Kogyo Co (TSE:6373) has a Cyclically Adjusted PB Ratio of 0.57 as of Aug. 23, 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 Daido Kogyo Co and its competitors. This is 39% above median its historical median of 0.41. Over the past decade, Daido Kogyo Co's Cyclically Adjusted PB Ratio has ranged from 0.27 to 0.94.
Is Daido Kogyo Co's Cyclically Adjusted PB Ratio too high?
Daido Kogyo Co's current Cyclically Adjusted PB Ratio of 0.57 is 39% above median its 10-year median of 0.41. Over the past 10 years, this metric has ranged from a low of 0.27 to a high of 0.94. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.09. Daido Kogyo Co's value of 0.57 is 72.7% below this industry median. Overall, Daido Kogyo Co has a GF Score™ of 44/100, reflecting its overall financial health beyond just this single metric.
How does Daido Kogyo Co's Cyclically Adjusted PB Ratio compare to GEV and ETN?
Daido Kogyo Co's Cyclically Adjusted PB Ratio of 0.57 can be compared against companies in the Industrial Products industry. The industry median Cyclically Adjusted PB Ratio is 2.09. Daido Kogyo Co's value of 0.57 is 72.7% below this benchmark. Historically, Daido Kogyo Co's own Cyclically Adjusted PB Ratio has ranged from 0.27 to 0.94 over the past decade. While the company's 10-year median is 0.41 vs. the industry median of 2.09, Daido Kogyo 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 2.09, based on 2,133 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. Daido Kogyo Co's current Cyclically Adjusted PB Ratio of 0.57 is 72.7% 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 Daido Kogyo Co and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Daido Kogyo Co's current Cyclically Adjusted PB Ratio is 0.57, which is 39% above median its own 10-year median of 0.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Daido Kogyo Co stock overvalued right now?
Daido Kogyo Co (TSE:6373) has a current Cyclically Adjusted PB Ratio of 0.57. The stock's GF Value™ is 円883.68, compared to a current price of 円1,489.00 — trading 68.5% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.57, which is 39% above median its 10-year median of 0.41 and 72.7% below the Industrial Products industry median of 2.09. Daido Kogyo Co's overall GF Score™ is 44/100 with 9 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 Daido Kogyo Co (TSE:6373), the current Cyclically Adjusted PB Ratio is 0.57 as of Aug. 23, 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 Daido Kogyo Co (TSE:6373) Overvalued in 2026?

Based on GuruFocus' analysis, Daido Kogyo Co stock appears to be overvalued. The current stock price of 円1,489.00 is trading 68.5% above its estimated GF Value™ of 円883.68.

Key valuation signals for TSE:6373:

  • Cyclically Adjusted PB Ratio: 0.57 (39% above median its 10-year median of 0.41)
  • GF Value™: 円883.68 vs. price of 円1,489.00 (68.5% above fair value)
  • GF Score™: 44/100 with 9 warning signs
  • Industry Position: 72.7% below the Industrial Products median

No single metric tells the full story. See the TSE:6373 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Daido Kogyo Co Business Description

Address I-197 Kumasaka-cho, Kaga-shi, Ishikawa Prefecture, JPN, 922-8686
Daido Kogyo Co Ltd is a Japan-based machinery manufacturer. The company is mainly engaged in the production and sale of motorcycle and automotive chains, industrial machinery chains, rims, wheels, conveyor systems and welfare equipment. Daido Kogyo has a network in India, Malaysia, Indonesia, Philippines, Vietnam, China.
44GF Score

Get the complete analysis for TSE:6373

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

円1,489.00
Price
円883.68
GF Value