Takeuchi Mfg Co (TSE:6432) Cyclically Adjusted PB Ratio: 3.23 (As of Aug. 08, 2026) — 37% Above Median

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TSE:6432 Takeuchi Mfg Co Ltd TSE:6432
92 GF Score
Price 円7,700.00
GF Value 円5,941.86
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Takeuchi Mfg Co Cyclically Adjusted PB Ratio?

Takeuchi Mfg Co TSE:6432 -0.65% 92 Cyclically Adjusted PB Ratio is 3.23 as of Aug. 08, 2026, which is 37% above its 10-year median of 2.35. GuruFocus rates TSE:6432 with a GF Score™ of 92/100 and a GF Value™ of 円5,941.86 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 165 Farm & Heavy Construction Machinery companies, Takeuchi Mfg Co ranks worse than 76.36% on this metric.

As of today (2026-08-08), Takeuchi Mfg Co's current share price is 円7700.00. Takeuchi Mfg Co's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2026 was 円2,381.54. Takeuchi Mfg Co's Cyclically Adjusted PB Ratio for today is 3.23.

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

TSE:6432' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.14   Med: 2.35   Max: 3.74
Current: 3.19

During the past years, Takeuchi Mfg Co's highest Cyclically Adjusted PB Ratio was 3.74. The lowest was 1.14. And the median was 2.35.

TSE:6432's Cyclically Adjusted PB Ratio is ranked worse than
76.36% of 165 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 1.51 vs TSE:6432: 3.19

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.

Takeuchi Mfg Co's adjusted book value per share data for the three months ended in Feb. 2026 was 円4,046.782. 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2,381.54 for the trailing ten years ended in Feb. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Takeuchi Mfg Co  (TSE:6432) 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.


Takeuchi Mfg Co Cyclically Adjusted PB Ratio Related Terms


Takeuchi Mfg Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Takeuchi Mfg 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.

Takeuchi Mfg Co Cyclically Adjusted PB Ratio Chart

Takeuchi Mfg Co Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.96 1.90 2.95 2.44 3.15

Takeuchi Mfg Co Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 2.14 2.30 3.05 3.15 0.00

TSE:6432 vs CAT, DE, PCAR: Cyclically Adjusted PB Ratio Comparison

For the Farm & Heavy Construction Machinery subindustry, Takeuchi Mfg 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.


Takeuchi Mfg Co Cyclically Adjusted PB Ratio vs Farm & Heavy Construction Machinery Industry

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

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


TSE:6432
92GF Score
Takeuchi Mfg Co Ltd TSE:6432
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Takeuchi Mfg 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.

Takeuchi Mfg Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=7700.00/2381.54
=3.23

* 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.

Takeuchi Mfg Co's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2026 is calculated as:

For example, Takeuchi Mfg Co's adjusted Book Value per Share data for the three months ended in Feb. 2026 was:

Adj_Book=Book Value per Share/CPI of Feb. 2026 (Change)*Current CPI (Feb. 2026)
=4046.782/112.2000*112.2000
=4,046.782

Current CPI (Feb. 2026) = 112.2000.

Takeuchi Mfg Co Quarterly Data

Book Value per Share CPI Adj_Book
201605 1,103.500 98.200 1,260.822
201608 1,131.299 97.900 1,296.545
201611 1,149.158 98.600 1,307.663
201702 1,259.835 98.100 1,440.912
201705 1,277.554 98.600 1,453.768
201708 1,342.581 98.500 1,529.316
201711 1,391.943 99.100 1,575.944
201802 1,428.107 99.500 1,610.388
201805 1,440.248 99.300 1,627.350
201808 1,524.628 99.800 1,714.061
201811 1,588.396 100.000 1,782.180
201902 1,618.055 99.700 1,820.920
201905 1,628.496 100.000 1,827.173
201908 1,670.112 100.000 1,873.866
201911 1,710.512 100.500 1,909.646
202002 1,754.834 100.300 1,963.035
202005 1,738.938 100.100 1,949.139
202008 1,794.049 100.100 2,010.912
202011 1,839.366 99.500 2,074.139
202102 1,885.396 99.800 2,119.654
202105 1,940.737 99.400 2,190.651
202108 2,032.441 99.700 2,287.261
202111 2,103.217 100.100 2,357.452
202202 2,182.653 100.700 2,431.913
202205 2,253.492 101.800 2,483.711
202208 2,415.678 102.700 2,639.134
202211 2,531.854 103.900 2,734.110
202302 2,551.052 104.000 2,752.193
202305 2,593.821 105.100 2,769.046
202308 2,834.768 105.900 3,003.409
202311 3,006.482 106.900 3,155.541
202402 3,096.985 106.900 3,250.531
202405 3,206.873 108.100 3,328.503
202408 3,482.598 109.100 3,581.554
202411 3,411.570 110.000 3,479.801
202502 3,614.050 110.800 3,659.715
202505 3,482.990 111.800 3,495.452
202508 3,655.965 112.100 3,659.226
202511 3,841.946 113.200 3,808.007
202602 4,046.782 112.200 4,046.782

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 3.23 mean?
Takeuchi Mfg Co (TSE:6432) has a Cyclically Adjusted PB Ratio of 3.23 as of Aug. 08, 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 Takeuchi Mfg Co and its competitors. This is 37% above median its historical median of 2.35. Over the past decade, Takeuchi Mfg Co's Cyclically Adjusted PB Ratio has ranged from 1.14 to 3.74. According to the industry distribution chart, Takeuchi Mfg Co ranks #126 out of 165 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 76.4%.
Is Takeuchi Mfg Co's Cyclically Adjusted PB Ratio too high?
Takeuchi Mfg Co's current Cyclically Adjusted PB Ratio of 3.23 is 37% above median its 10-year median of 2.35. Over the past 10 years, this metric has ranged from a low of 1.14 to a high of 3.74. The Farm & Heavy Construction Machinery industry median Cyclically Adjusted PB Ratio is 1.51. Takeuchi Mfg Co's value of 3.23 is 113.9% above this industry median. Based on the distribution chart, Takeuchi Mfg Co ranks #126 out of 165 companies in the Farm & Heavy Construction Machinery industry, which is in the bottom quartile relative to peers. Overall, Takeuchi Mfg Co has a GF Score™ of 92/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Takeuchi Mfg Co's Cyclically Adjusted PB Ratio compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, Takeuchi Mfg Co ranks #126 out of 165 companies for Cyclically Adjusted PB Ratio. This places Takeuchi Mfg Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.51. Takeuchi Mfg Co's value of 3.23 is 113.9% above this benchmark. Historically, Takeuchi Mfg Co's own Cyclically Adjusted PB Ratio has ranged from 1.14 to 3.74 over the past decade. While the company's 10-year median is 2.35 vs. the industry median of 1.51, Takeuchi Mfg 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 a Farm & Heavy Construction Machinery company?
The median Cyclically Adjusted PB Ratio among Farm & Heavy Construction Machinery companies is 1.51, based on 165 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. Takeuchi Mfg Co's current Cyclically Adjusted PB Ratio of 3.23 is 113.9% 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 Takeuchi Mfg Co and its competitors. For the Farm & Heavy Construction Machinery industry, the median Cyclically Adjusted PB Ratio is 1.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Takeuchi Mfg Co's current Cyclically Adjusted PB Ratio is 3.23, which is 37% above median its own 10-year median of 2.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Takeuchi Mfg Co stock overvalued right now?
Based on GuruFocus' analysis, Takeuchi Mfg Co (TSE:6432) is currently considered Modestly Overvalued. The stock's GF Value™ is 円5,941.86, compared to a current price of 円7,700.00 — trading 29.6% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 3.23, which is 37% above median its 10-year median of 2.35 and 113.9% above the Farm & Heavy Construction Machinery industry median of 1.51. Takeuchi Mfg Co's overall GF Score™ is 92/100 with 6 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 Takeuchi Mfg Co (TSE:6432), the current Cyclically Adjusted PB Ratio is 3.23 as of Aug. 08, 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 Takeuchi Mfg Co (TSE:6432) Overvalued in 2026?

Based on GuruFocus' analysis, Takeuchi Mfg Co stock appears to be overvalued. The current stock price of 円7,700.00 is trading 29.6% above its estimated GF Value™ of 円5,941.86. GuruFocus considers Takeuchi Mfg Co to be Modestly Overvalued.

Key valuation signals for TSE:6432:

  • Cyclically Adjusted PB Ratio: 3.23 (37% above median its 10-year median of 2.35)
  • GF Value™: 円5,941.86 vs. price of 円7,700.00 (29.6% above fair value)
  • GF Score™: 92/100 with 6 warning signs
  • Industry Position: 113.9% above the Farm & Heavy Construction Machinery median (#126 of 165)

No single metric tells the full story. See the TSE:6432 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Takeuchi Mfg Co Business Description

Other Exchanges TKUGF:USA
Address 205, Kamihira, Sakaki-machi, Hanishina-gun, Nagano, Nagano Prefecture, JPN, 389-0605
Takeuchi Mfg Co Ltd manufactures construction machinery, including wheel and electrical compact excavators, track loaders, carriers, and mixers. Additional revenue is generated by distributing agitators for wastewater treatment facilities and manufacturers of chemicals, food, and other products. The company sells machinery to rental companies, dealers, distributors, and through trading companies to overseas distributors. Operating segments are reported by region: Japan, the United States, the United Kingdom, France, and China. Takeuchi's international sales network helps gain user feedback and discover areas to enhance support for customers. The majority of sales to external customers derive from Japan and the United States.
92GF Score

Get the complete analysis for TSE:6432

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

円7,700.00
Price
円5,941.86
GF Value