Riso Kagaku (TSE:6413) Cyclically Adjusted PB Ratio: 1.11 (As of Aug. 10, 2026) — 14% Below Median

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TSE:6413 Riso Kagaku Corp TSE:6413
64 GF Score
Price 円1,103.00
GF Value 円1,333.19
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Riso Kagaku Cyclically Adjusted PB Ratio?

Riso Kagaku TSE:6413 +0.64% 64 Cyclically Adjusted PB Ratio is 1.11 as of Aug. 10, 2026, which is 14% below its 10-year median of 1.29. GuruFocus rates TSE:6413 with a GF Score™ of 64/100 and a GF Value™ of 円1,333.19 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 1,967 Hardware companies, Riso Kagaku ranks better than 68.07% on this metric.

As of today (2026-08-10), Riso Kagaku's current share price is 円1103.00. Riso Kagaku's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円989.79. Riso Kagaku's Cyclically Adjusted PB Ratio for today is 1.11.

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

TSE:6413' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.78   Med: 1.29   Max: 1.96
Current: 1.11

During the past years, Riso Kagaku's highest Cyclically Adjusted PB Ratio was 1.96. The lowest was 0.78. And the median was 1.29.

TSE:6413's Cyclically Adjusted PB Ratio is ranked better than
68.07% of 1967 companies
in the Hardware industry
Industry Median: 2.09 vs TSE:6413: 1.11

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.

Riso Kagaku's adjusted book value per share data for the three months ended in Mar. 2026 was 円1,093.570. 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989.79 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Riso Kagaku  (TSE:6413) 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.


Riso Kagaku Cyclically Adjusted PB Ratio Related Terms


Riso Kagaku Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Riso Kagaku'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.

Riso Kagaku Cyclically Adjusted PB Ratio Chart

Riso Kagaku 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 1.19 1.31 1.67 1.29 1.14

Riso Kagaku 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 1.14 1.24 1.26 1.14 0.00

TSE:6413 vs DELL, ANET, SNDK: Cyclically Adjusted PB Ratio Comparison

For the Computer Hardware subindustry, Riso Kagaku'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.


Riso Kagaku Cyclically Adjusted PB Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Riso Kagaku's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TSE:6413
64GF Score
Riso Kagaku Corp TSE:6413
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Riso Kagaku 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.

Riso Kagaku's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1103.00/989.79
=1.11

* 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.

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

For example, Riso Kagaku'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)
=1093.57/112.7000*112.7000
=1,093.570

Current CPI (Mar. 2026) = 112.7000.

Riso Kagaku Quarterly Data

Book Value per Share CPI Adj_Book
201606 799.385 98.100 918.356
201609 792.725 98.000 911.634
201612 815.136 98.400 933.596
201703 856.050 98.100 983.454
201706 836.082 98.500 956.614
201709 845.820 98.800 964.817
201712 854.801 99.400 969.176
201803 869.297 99.200 987.599
201806 848.750 99.200 964.255
201809 853.111 99.900 962.419
201812 849.472 99.700 960.236
201903 869.228 99.700 982.568
201906 842.568 99.800 951.477
201909 849.938 100.100 956.923
201912 851.443 100.500 954.802
202003 833.766 100.300 936.844
202006 829.386 99.900 935.654
202009 834.486 99.900 941.407
202012 828.205 99.300 939.967
202103 879.750 99.900 992.471
202106 874.847 99.500 990.907
202109 874.246 100.100 984.291
202112 890.193 100.100 1,002.245
202203 933.247 101.100 1,040.326
202206 920.141 101.800 1,018.663
202209 931.796 103.100 1,018.559
202212 934.048 104.100 1,011.212
202303 962.457 104.400 1,038.974
202306 935.048 105.200 1,001.710
202309 955.363 106.200 1,013.836
202312 959.008 106.800 1,011.987
202403 1,018.143 107.200 1,070.380
202406 0.000 108.200 0.000
202409 982.970 108.900 1,017.270
202412 1,012.335 110.700 1,030.625
202503 1,037.164 111.100 1,052.101
202506 1,000.811 111.700 1,009.771
202509 1,026.705 112.000 1,033.122
202512 1,060.704 113.000 1,057.888
202603 1,093.570 112.700 1,093.570

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 1.11 mean?
Riso Kagaku (TSE:6413) has a Cyclically Adjusted PB Ratio of 1.11 as of Aug. 10, 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 Riso Kagaku and its competitors. This is 14% below median its historical median of 1.29. Over the past decade, Riso Kagaku's Cyclically Adjusted PB Ratio has ranged from 0.78 to 1.96. According to the industry distribution chart, Riso Kagaku ranks #628 out of 1967 companies in the Hardware industry, placing it in the top 31.9%.
Is Riso Kagaku's Cyclically Adjusted PB Ratio too high?
Riso Kagaku's current Cyclically Adjusted PB Ratio of 1.11 is 14% below median its 10-year median of 1.29. Over the past 10 years, this metric has ranged from a low of 0.78 to a high of 1.96. The Hardware industry median Cyclically Adjusted PB Ratio is 2.09. Riso Kagaku's value of 1.11 is 46.9% below this industry median. Based on the distribution chart, Riso Kagaku ranks #628 out of 1967 companies in the Hardware industry, which is above the industry midpoint. Overall, Riso Kagaku has a GF Score™ of 64/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Riso Kagaku's Cyclically Adjusted PB Ratio compare to DELL and ANET?
According to the Hardware industry distribution chart, Riso Kagaku ranks #628 out of 1967 companies for Cyclically Adjusted PB Ratio. This puts Riso Kagaku in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.09. Riso Kagaku's value of 1.11 is 46.9% below this benchmark. Historically, Riso Kagaku's own Cyclically Adjusted PB Ratio has ranged from 0.78 to 1.96 over the past decade. While the company's 10-year median is 1.29 vs. the industry median of 2.09, Riso Kagaku 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 Hardware company?
The median Cyclically Adjusted PB Ratio among Hardware companies is 2.09, based on 1,967 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. Riso Kagaku's current Cyclically Adjusted PB Ratio of 1.11 is 46.9% 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 Riso Kagaku and its competitors. For the Hardware 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. Riso Kagaku's current Cyclically Adjusted PB Ratio is 1.11, which is 14% below median its own 10-year median of 1.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Riso Kagaku stock overvalued right now?
Based on GuruFocus' analysis, Riso Kagaku (TSE:6413) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,333.19, compared to a current price of 円1,103.00 — trading 17.3% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.11, which is 14% below median its 10-year median of 1.29 and 46.9% below the Hardware industry median of 2.09. Riso Kagaku's overall GF Score™ is 64/100 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 Riso Kagaku (TSE:6413), the current Cyclically Adjusted PB Ratio is 1.11 as of Aug. 10, 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 Riso Kagaku (TSE:6413) Overvalued in 2026?

Based on GuruFocus' analysis, Riso Kagaku stock appears to be undervalued. The current stock price of 円1,103.00 is trading 17.3% below its estimated GF Value™ of 円1,333.19. GuruFocus considers Riso Kagaku to be Modestly Undervalued.

Key valuation signals for TSE:6413:

  • Cyclically Adjusted PB Ratio: 1.11 (14% below median its 10-year median of 1.29)
  • GF Value™: 円1,333.19 vs. price of 円1,103.00 (17.3% below fair value)
  • GF Score™: 64/100 with 1 warning sign
  • Industry Position: 46.9% below the Hardware median (#628 of 1967)

No single metric tells the full story. See the TSE:6413 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Riso Kagaku Business Description

Address 5-34-7 Shiba, Minato-ku, Tokyo, JPN, 108-8385
Riso Kagaku Corp is a Japan-based manufacturer of printer-duplicators, printers, and printing products. The firm developed oil-based pigment ink, Orphis Ink, which is used by the firm's printers. The ink has a stable composition and high water resistance, making it suitable for high-speed printing. Riso has three manufacturing facilities in Japan and a worldwide distribution network. More than half of the firm's revenue is generated in Japan, with the rest coming from countries in the Americas, Europe, and Asia.
64GF Score

Get the complete analysis for TSE:6413

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

円1,103.00
Price
円1,333.19
GF Value