Yoshitake (TSE:6488) Cyclically Adjusted PB Ratio: 0.96 (As of Aug. 14, 2026) — 35% 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:6488 Yoshitake Inc TSE:6488
86 GF Score
Price 円1,054.00
GF Value 円1,036.80
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Yoshitake Cyclically Adjusted PB Ratio?

Yoshitake TSE:6488 +0.96% 86 Cyclically Adjusted PB Ratio is 0.96 as of Aug. 14, 2026, which is 35% above its 10-year median of 0.71. GuruFocus rates TSE:6488 with a GF Score™ of 86/100 and a GF Value™ of 円1,036.80 (Fairly Valued). The stock has 4 warning signs investors should review. Among 2,219 Industrial Products companies, Yoshitake ranks better than 77.24% on this metric.

As of today (2026-08-14), Yoshitake's current share price is 円1054.00. Yoshitake's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円1,093.52. Yoshitake's Cyclically Adjusted PB Ratio for today is 0.96.

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

TSE:6488' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.57   Med: 0.71   Max: 1
Current: 0.96

During the past years, Yoshitake's highest Cyclically Adjusted PB Ratio was 1.00. The lowest was 0.57. And the median was 0.71.

TSE:6488's Cyclically Adjusted PB Ratio is ranked better than
77.24% of 2219 companies
in the Industrial Products industry
Industry Median: 2.17 vs TSE:6488: 0.96

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.

Yoshitake's adjusted book value per share data for the three months ended in Mar. 2026 was 円1,441.502. 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1,093.52 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Yoshitake  (TSE:6488) 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.


Yoshitake Cyclically Adjusted PB Ratio Related Terms


Yoshitake Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Yoshitake'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.

Yoshitake Cyclically Adjusted PB Ratio Chart

Yoshitake 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 0.67 0.78 0.94 0.66 0.84

Yoshitake Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 0.72 0.89 0.94 0.84 0.00

TSE:6488 vs GEV, ETN, PH: Cyclically Adjusted PB Ratio Comparison

For the Specialty Industrial Machinery subindustry, Yoshitake'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.


Yoshitake Cyclically Adjusted PB Ratio vs Industrial Products Industry

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

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


TSE:6488
86GF Score
Yoshitake Inc TSE:6488
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Yoshitake 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.

Yoshitake's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1054.00/1093.52
=0.96

* 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.

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

For example, Yoshitake'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)
=1441.502/112.7000*112.7000
=1,441.502

Current CPI (Mar. 2026) = 112.7000.

Yoshitake Quarterly Data

Book Value per Share CPI Adj_Book
201603 752.276 97.900 866.001
201606 725.057 98.100 832.966
201609 734.916 98.000 845.153
201612 770.423 98.400 882.385
201703 782.817 98.100 899.322
201706 781.008 98.500 893.600
201709 807.282 98.800 920.857
201712 825.337 99.400 935.769
201803 835.267 99.200 948.937
201806 827.581 99.200 940.205
201809 855.397 99.900 964.997
201812 861.506 99.700 973.839
201903 881.005 99.700 995.880
201906 876.154 99.800 989.404
201909 893.651 100.100 1,006.139
201912 923.416 100.500 1,035.512
202003 903.658 100.300 1,015.376
202006 911.826 99.900 1,028.657
202009 909.666 99.900 1,026.220
202012 929.934 99.300 1,055.424
202103 955.051 99.900 1,077.420
202106 942.133 99.500 1,067.119
202109 948.597 100.100 1,068.001
202112 986.448 100.100 1,110.616
202203 1,027.112 101.100 1,144.961
202206 1,036.509 101.800 1,147.491
202209 1,068.410 103.100 1,167.893
202212 1,087.803 104.100 1,177.670
202303 1,129.995 104.400 1,219.832
202306 1,154.292 105.200 1,236.585
202309 1,173.027 106.200 1,244.822
202312 1,197.260 106.800 1,263.401
202403 1,230.430 107.200 1,293.558
202406 1,250.042 108.200 1,302.031
202409 1,264.338 108.900 1,308.456
202503 1,322.566 111.100 1,341.613
202506 1,300.995 111.700 1,312.642
202509 1,352.324 112.000 1,360.776
202512 1,401.405 113.000 1,397.684
202603 1,441.502 112.700 1,441.502

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 0.96 mean?
Yoshitake (TSE:6488) has a Cyclically Adjusted PB Ratio of 0.96 as of Aug. 14, 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 Yoshitake and its competitors. This is 35% above median its historical median of 0.71. Over the past decade, Yoshitake's Cyclically Adjusted PB Ratio has ranged from 0.57 to 1.00. According to the industry distribution chart, Yoshitake ranks #505 out of 2219 companies in the Industrial Products industry, placing it in the top 22.8%.
Is Yoshitake's Cyclically Adjusted PB Ratio too high?
Yoshitake's current Cyclically Adjusted PB Ratio of 0.96 is 35% above median its 10-year median of 0.71. Over the past 10 years, this metric has ranged from a low of 0.57 to a high of 1.00. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.17. Yoshitake's value of 0.96 is 55.8% below this industry median. Based on the distribution chart, Yoshitake ranks #505 out of 2219 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Yoshitake has a GF Score™ of 86/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Yoshitake's Cyclically Adjusted PB Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Yoshitake ranks #505 out of 2219 companies for Cyclically Adjusted PB Ratio. This places Yoshitake in the top 23% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 2.17. Yoshitake's value of 0.96 is 55.8% below this benchmark. Historically, Yoshitake's own Cyclically Adjusted PB Ratio has ranged from 0.57 to 1.00 over the past decade. While the company's 10-year median is 0.71 vs. the industry median of 2.17, Yoshitake 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 2.17, based on 2,219 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. Yoshitake's current Cyclically Adjusted PB Ratio of 0.96 is 55.8% 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 Yoshitake and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Yoshitake's current Cyclically Adjusted PB Ratio is 0.96, which is 35% above median its own 10-year median of 0.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Yoshitake stock overvalued right now?
Based on GuruFocus' analysis, Yoshitake (TSE:6488) is currently considered Fairly Valued. The stock's GF Value™ is 円1,036.80, compared to a current price of 円1,054.00 — trading 1.7% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.96, which is 35% above median its 10-year median of 0.71 and 55.8% below the Industrial Products industry median of 2.17. Yoshitake's overall GF Score™ is 86/100 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 Yoshitake (TSE:6488), the current Cyclically Adjusted PB Ratio is 0.96 as of Aug. 14, 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 Yoshitake (TSE:6488) Overvalued in 2026?

Based on GuruFocus' analysis, Yoshitake stock appears to be overvalued. The current stock price of 円1,054.00 is trading 1.7% above its estimated GF Value™ of 円1,036.80. GuruFocus considers Yoshitake to be Fairly Valued.

Key valuation signals for TSE:6488:

  • Cyclically Adjusted PB Ratio: 0.96 (35% above median its 10-year median of 0.71)
  • GF Value™: 円1,036.80 vs. price of 円1,054.00 (1.7% above fair value)
  • GF Score™: 86/100 with 4 warning signs
  • Industry Position: 55.8% below the Industrial Products median (#505 of 2219)

No single metric tells the full story. See the TSE:6488 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Yoshitake Business Description

Address 7-3, Futano-cho, Nagoya, JPN
Yoshitake Inc is engaged in research, development, and manufacture of valves for piping designing. The company also offers consulting services.
86GF Score

Get the complete analysis for TSE:6488

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

円1,054.00
Price
円1,036.80
GF Value