Tsukuba Seiko Co (TSE:6596) Cyclically Adjusted PB Ratio: 10.23 (As of Aug. 05, 2026) — Near 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:6596 Tsukuba Seiko Co Ltd TSE:6596
59 GF Score
Price 円990.00
GF Value 円1,172.12
Valuation Modestly Undervalued
! 1 Warning Sign
View Full Analysis

What is Tsukuba Seiko Co Cyclically Adjusted PB Ratio?

Tsukuba Seiko Co TSE:6596 59 Cyclically Adjusted PB Ratio is 10.23 as of Aug. 05, 2026, which is at its 10-year median of 10.23. GuruFocus rates TSE:6596 with a GF Score™ of 59/100 and a GF Value™ of 円1,172.12 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 731 Semiconductors companies, Tsukuba Seiko Co ranks worse than 84.68% on this metric.

As of today (2026-08-05), Tsukuba Seiko Co's current share price is 円990.00. Tsukuba Seiko Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar26 was 円96.79. Tsukuba Seiko Co's Cyclically Adjusted PB Ratio for today is 10.23.

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

TSE:6596' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 10.23   Med: 10.23   Max: 10.23
Current: 10.23

During the past 10 years, Tsukuba Seiko Co's highest Cyclically Adjusted PB Ratio was 10.23. The lowest was 10.23. And the median was 10.23.

TSE:6596's Cyclically Adjusted PB Ratio is ranked worse than
84.68% of 731 companies
in the Semiconductors industry
Industry Median: 3.1 vs TSE:6596: 10.23

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.

Tsukuba Seiko Co's adjusted book value per share data of for the fiscal year that ended in Mar26 was 円36.935. 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96.79 for the trailing ten years ended in Mar26.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tsukuba Seiko Co  (TSE:6596) 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.


Tsukuba Seiko Co Cyclically Adjusted PB Ratio Related Terms


Tsukuba Seiko Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Tsukuba Seiko 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.

Tsukuba Seiko Co Cyclically Adjusted PB Ratio Chart

Tsukuba Seiko 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 0.00 0.00 0.00 0.00 10.23

Tsukuba Seiko Co Semi-Annual Data
Mar17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 0.00 0.00 0.00 0.00 10.23

TSE:6596 vs AMAT, LRCX, KLAC: Cyclically Adjusted PB Ratio Comparison

For the Semiconductor Equipment & Materials subindustry, Tsukuba Seiko 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.


Tsukuba Seiko Co Cyclically Adjusted PB Ratio vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Tsukuba Seiko Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TSE:6596
59GF Score
Tsukuba Seiko Co Ltd TSE:6596
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tsukuba Seiko 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.

Tsukuba Seiko Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=990.00/96.79
=10.23

* 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.

Tsukuba Seiko Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar26 is calculated as:

For example, Tsukuba Seiko Co's adjusted Book Value per Share data for the fiscal year that ended in Mar26 was:

Adj_Book=Book Value per Share/CPI of Mar26 (Change)*Current CPI (Mar26)
=36.935/112.7000*112.7000
=36.935

Current CPI (Mar26) = 112.7000.

Tsukuba Seiko Co Annual Data

Book Value per Share CPI Adj_Book
201703 34.387 98.100 39.505
201803 30.576 99.200 34.737
201903 246.998 99.700 279.204
202003 144.887 100.300 162.799
202103 115.672 99.900 130.493
202203 85.310 101.100 95.098
202303 60.877 104.400 65.717
202403 68.932 107.200 72.469
202503 50.181 111.100 50.904
202603 36.935 112.700 36.935

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 10.23 mean?
Tsukuba Seiko Co (TSE:6596) has a Cyclically Adjusted PB Ratio of 10.23 as of Aug. 05, 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 Tsukuba Seiko Co and its competitors. This is near median its historical median of 10.23. Over the past decade, Tsukuba Seiko Co's Cyclically Adjusted PB Ratio has ranged from 10.23 to 10.23. According to the industry distribution chart, Tsukuba Seiko Co ranks #619 out of 731 companies in the Semiconductors industry, placing it in the top 84.7%.
Is Tsukuba Seiko Co's Cyclically Adjusted PB Ratio too high?
Tsukuba Seiko Co's current Cyclically Adjusted PB Ratio of 10.23 is near median its 10-year median of 10.23. Over the past 10 years, this metric has ranged from a low of 10.23 to a high of 10.23. The Semiconductors industry median Cyclically Adjusted PB Ratio is 3.10. Tsukuba Seiko Co's value of 10.23 is 230% above this industry median. Based on the distribution chart, Tsukuba Seiko Co ranks #619 out of 731 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, Tsukuba Seiko Co has a GF Score™ of 59/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tsukuba Seiko Co's Cyclically Adjusted PB Ratio compare to AMAT and LRCX?
According to the Semiconductors industry distribution chart, Tsukuba Seiko Co ranks #619 out of 731 companies for Cyclically Adjusted PB Ratio. This places Tsukuba Seiko Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 3.10. Tsukuba Seiko Co's value of 10.23 is 230% above this benchmark. Historically, Tsukuba Seiko Co's own Cyclically Adjusted PB Ratio has ranged from 10.23 to 10.23 over the past decade. While the company's 10-year median is 10.23 vs. the industry median of 3.10, Tsukuba Seiko 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 Semiconductors company?
The median Cyclically Adjusted PB Ratio among Semiconductors companies is 3.10, based on 731 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. Tsukuba Seiko Co's current Cyclically Adjusted PB Ratio of 10.23 is 230% 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 Tsukuba Seiko Co and its competitors. For the Semiconductors industry, the median Cyclically Adjusted PB Ratio is 3.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tsukuba Seiko Co's current Cyclically Adjusted PB Ratio is 10.23, which is near median its own 10-year median of 10.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tsukuba Seiko Co stock overvalued right now?
Based on GuruFocus' analysis, Tsukuba Seiko Co (TSE:6596) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,172.12, compared to a current price of 円990.00 — trading 15.5% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 10.23, which is near median its 10-year median of 10.23 and 230% above the Semiconductors industry median of 3.10. Tsukuba Seiko Co's overall GF Score™ is 59/100 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 Tsukuba Seiko Co (TSE:6596), the current Cyclically Adjusted PB Ratio is 10.23 as of Aug. 05, 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 Tsukuba Seiko Co (TSE:6596) Overvalued in 2026?

Based on GuruFocus' analysis, Tsukuba Seiko Co stock appears to be undervalued. The current stock price of 円990.00 is trading 15.5% below its estimated GF Value™ of 円1,172.12. GuruFocus considers Tsukuba Seiko Co to be Modestly Undervalued.

Key valuation signals for TSE:6596:

  • Cyclically Adjusted PB Ratio: 10.23 (near median its 10-year median of 10.23)
  • GF Value™: 円1,172.12 vs. price of 円990.00 (15.5% below fair value)
  • GF Score™: 59/100 with 1 warning sign
  • Industry Position: 230% above the Semiconductors median (#619 of 731)

No single metric tells the full story. See the TSE:6596 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tsukuba Seiko Co Business Description

Address 2168-10 Ganjoji, Kamigamo, Kamisuwa-machi, Kawachi-gun, Tochigi, JPN, 329-0617
Tsukuba Seiko Co Ltd is mainly engaged in the development, manufacture, and sale of electrostatic clamping systems. Its product offerings include thin hand, cordless holder, wafer support, waferhand, and electrostatic belt.
59GF Score

Get the complete analysis for TSE:6596

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

円990.00
Price
円1,172.12
GF Value