Maezawa Kyuso Industries Co (TSE:6485) Cyclically Adjusted PB Ratio: 0.89 (As of Aug. 04, 2026) — 17% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:6485 Maezawa Kyuso Industries Co Ltd TSE:6485
80 GF Score
Price 円1,573.00
GF Value 円1,396.00
Valuation Modestly Overvalued
! 2 Warning Signs
View Full Analysis

What is Maezawa Kyuso Industries Co Cyclically Adjusted PB Ratio?

Maezawa Kyuso Industries Co TSE:6485 +0.25% 80 Cyclically Adjusted PB Ratio is 0.89 as of Aug. 04, 2026, which is 17% above its 10-year median of 0.76. GuruFocus rates TSE:6485 with a GF Score™ of 80/100 and a GF Value™ of 円1,396.00 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 1,345 Construction companies, Maezawa Kyuso Industries Co ranks better than 59.85% on this metric.

As of today (2026-08-04), Maezawa Kyuso Industries Co's current share price is 円1573.00. Maezawa Kyuso Industries Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円1,757.56. Maezawa Kyuso Industries Co's Cyclically Adjusted PB Ratio for today is 0.89.

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

TSE:6485' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.55   Med: 0.76   Max: 1.01
Current: 0.88

During the past years, Maezawa Kyuso Industries Co's highest Cyclically Adjusted PB Ratio was 1.01. The lowest was 0.55. And the median was 0.76.

TSE:6485's Cyclically Adjusted PB Ratio is ranked better than
59.85% of 1345 companies
in the Construction industry
Industry Median: 1.15 vs TSE:6485: 0.88

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.

Maezawa Kyuso Industries Co's adjusted book value per share data for the three months ended in Mar. 2026 was 円2,000.589. 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1,757.56 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Maezawa Kyuso Industries Co  (TSE:6485) 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.


Maezawa Kyuso Industries Co Cyclically Adjusted PB Ratio Related Terms


Maezawa Kyuso Industries Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Maezawa Kyuso Industries 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.

Maezawa Kyuso Industries Co Cyclically Adjusted PB Ratio Chart

Maezawa Kyuso Industries 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 0.68 0.63 0.80 0.76 0.89

Maezawa Kyuso Industries Co Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.76 0.72 0.87 0.90 0.89

TSE:6485 vs TT, JCI, CARR: Cyclically Adjusted PB Ratio Comparison

For the Building Products & Equipment subindustry, Maezawa Kyuso Industries 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.


Maezawa Kyuso Industries Co Cyclically Adjusted PB Ratio vs Construction Industry

For the Construction industry and Industrials sector, Maezawa Kyuso Industries Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Maezawa Kyuso Industries Co's Cyclically Adjusted PB Ratio falls into.


TSE:6485
80GF Score
Maezawa Kyuso Industries Co Ltd TSE:6485
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Maezawa Kyuso Industries 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.

Maezawa Kyuso Industries Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1573.00/1757.56
=0.89

* 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.

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

For example, Maezawa Kyuso Industries 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)
=2000.589/112.7000*112.7000
=2,000.589

Current CPI (Mar. 2026) = 112.7000.

Maezawa Kyuso Industries Co Quarterly Data

Book Value per Share CPI Adj_Book
201512 1,287.394 98.100 1,478.994
201603 1,284.444 97.900 1,478.619
201606 1,280.829 98.100 1,471.452
201609 1,293.211 98.000 1,487.193
201612 1,303.473 98.400 1,492.900
201703 1,346.290 98.100 1,546.655
201706 1,414.329 98.500 1,618.222
201709 1,390.021 98.800 1,585.581
201712 1,406.008 99.400 1,594.136
201803 1,421.394 99.200 1,614.830
201806 1,426.519 99.200 1,620.652
201809 1,450.407 99.900 1,636.245
201812 1,454.136 99.700 1,643.742
201903 1,471.326 99.700 1,663.174
201906 1,486.812 99.800 1,678.995
201909 1,506.110 100.100 1,695.690
201912 1,528.180 100.500 1,713.690
202003 1,539.310 100.300 1,729.614
202006 1,548.263 99.900 1,746.639
202009 1,582.972 99.900 1,785.795
202012 1,599.204 99.300 1,815.008
202103 1,628.108 99.900 1,836.714
202106 1,639.242 99.500 1,856.709
202109 1,675.298 100.100 1,886.175
202112 1,682.429 100.100 1,894.203
202203 1,695.382 101.100 1,889.907
202206 1,690.381 101.800 1,871.375
202209 1,711.804 103.100 1,871.196
202212 1,724.597 104.100 1,867.071
202303 1,736.902 104.400 1,874.989
202306 1,751.825 105.200 1,876.717
202309 1,789.297 106.200 1,898.811
202312 1,809.553 106.800 1,909.519
202403 1,840.673 107.200 1,935.111
202409 1,883.786 108.900 1,949.520
202503 1,880.557 111.100 1,907.640
202506 1,905.921 111.700 1,922.984
202509 1,971.412 112.000 1,983.733
202512 1,976.962 113.000 1,971.713
202603 2,000.589 112.700 2,000.589

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 0.89 mean?
Maezawa Kyuso Industries Co (TSE:6485) has a Cyclically Adjusted PB Ratio of 0.89 as of Aug. 04, 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 Maezawa Kyuso Industries Co and its competitors. This is 17% above median its historical median of 0.76. Over the past decade, Maezawa Kyuso Industries Co's Cyclically Adjusted PB Ratio has ranged from 0.55 to 1.01. According to the industry distribution chart, Maezawa Kyuso Industries Co ranks #540 out of 1345 companies in the Construction industry, placing it in the top 40.1%.
Is Maezawa Kyuso Industries Co's Cyclically Adjusted PB Ratio too high?
Maezawa Kyuso Industries Co's current Cyclically Adjusted PB Ratio of 0.89 is 17% above median its 10-year median of 0.76. Over the past 10 years, this metric has ranged from a low of 0.55 to a high of 1.01. The Construction industry median Cyclically Adjusted PB Ratio is 1.15. Maezawa Kyuso Industries Co's value of 0.89 is 22.6% below this industry median. Based on the distribution chart, Maezawa Kyuso Industries Co ranks #540 out of 1345 companies in the Construction industry, which is above the industry midpoint. Overall, Maezawa Kyuso Industries Co has a GF Score™ of 80/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Maezawa Kyuso Industries Co's Cyclically Adjusted PB Ratio compare to TT and JCI?
According to the Construction industry distribution chart, Maezawa Kyuso Industries Co ranks #540 out of 1345 companies for Cyclically Adjusted PB Ratio. This puts Maezawa Kyuso Industries Co in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.15. Maezawa Kyuso Industries Co's value of 0.89 is 22.6% below this benchmark. Historically, Maezawa Kyuso Industries Co's own Cyclically Adjusted PB Ratio has ranged from 0.55 to 1.01 over the past decade. While the company's 10-year median is 0.76 vs. the industry median of 1.15, Maezawa Kyuso Industries 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 a Construction company?
The median Cyclically Adjusted PB Ratio among Construction companies is 1.15, based on 1,345 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. Maezawa Kyuso Industries Co's current Cyclically Adjusted PB Ratio of 0.89 is 22.6% 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 Maezawa Kyuso Industries Co and its competitors. For the Construction industry, the median Cyclically Adjusted PB Ratio is 1.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Maezawa Kyuso Industries Co's current Cyclically Adjusted PB Ratio is 0.89, which is 17% above median its own 10-year median of 0.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maezawa Kyuso Industries Co stock overvalued right now?
Based on GuruFocus' analysis, Maezawa Kyuso Industries Co (TSE:6485) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,396.00, compared to a current price of 円1,573.00 — trading 12.7% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.89, which is 17% above median its 10-year median of 0.76 and 22.6% below the Construction industry median of 1.15. Maezawa Kyuso Industries Co's overall GF Score™ is 80/100 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 Maezawa Kyuso Industries Co (TSE:6485), the current Cyclically Adjusted PB Ratio is 0.89 as of Aug. 04, 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 Maezawa Kyuso Industries Co (TSE:6485) Overvalued in 2026?

Based on GuruFocus' analysis, Maezawa Kyuso Industries Co stock appears to be overvalued. The current stock price of 円1,573.00 is trading 12.7% above its estimated GF Value™ of 円1,396.00. GuruFocus considers Maezawa Kyuso Industries Co to be Modestly Overvalued.

Key valuation signals for TSE:6485:

  • Cyclically Adjusted PB Ratio: 0.89 (17% above median its 10-year median of 0.76)
  • GF Value™: 円1,396.00 vs. price of 円1,573.00 (12.7% above fair value)
  • GF Score™: 80/100 with 2 warning signs
  • Industry Position: 22.6% below the Construction median (#540 of 1345)

No single metric tells the full story. See the TSE:6485 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Maezawa Kyuso Industries Co Business Description

Address No. 14-4 Takano, 2 Meguro - ku, Tokyo, JPN, 152-8510
Maezawa Kyuso Industries Co Ltd engages in the manufacture and sale of water supply equipment. It offers Water Supply Equipment and Residential equipment. The firm's product line includes water meters, ferrule with saddle snaps, stop valves, and fittings, hot water supply pipe fittings, heating equipment components, and hot water supply system converter units.
80GF Score

Get the complete analysis for TSE:6485

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

円1,573.00
Price
円1,396.00
GF Value