W-SCOPE (TSE:6619) Cyclically Adjusted PB Ratio: 0.23 (As of Aug. 16, 2026) — 84% Below 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:6619 W-SCOPE Corp TSE:6619
38 GF Score
Price 円159.00
GF Value 円48.44
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is W-SCOPE Cyclically Adjusted PB Ratio?

W-SCOPE TSE:6619 -1.24% 38 Cyclically Adjusted PB Ratio is 0.23 as of Aug. 16, 2026, which is 84% below its 10-year median of 1.41. GuruFocus rates TSE:6619 with a GF Score™ of 38/100 and a GF Value™ of 円48.44 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 2,203 Industrial Products companies, W-SCOPE ranks better than 96.37% on this metric.

As of today (2026-08-16), W-SCOPE's current share price is 円159.00. W-SCOPE's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2026 was 円699.51. W-SCOPE's Cyclically Adjusted PB Ratio for today is 0.23.

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

TSE:6619' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.21   Med: 1.41   Max: 6.04
Current: 0.23

During the past years, W-SCOPE's highest Cyclically Adjusted PB Ratio was 6.04. The lowest was 0.21. And the median was 1.41.

TSE:6619's Cyclically Adjusted PB Ratio is ranked better than
96.37% of 2203 companies
in the Industrial Products industry
Industry Median: 2.18 vs TSE:6619: 0.23

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.

W-SCOPE's adjusted book value per share data for the three months ended in Jan. 2026 was 円709.121. 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699.51 for the trailing ten years ended in Jan. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


W-SCOPE  (TSE:6619) 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.


W-SCOPE Cyclically Adjusted PB Ratio Related Terms


W-SCOPE Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for W-SCOPE'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.

W-SCOPE Cyclically Adjusted PB Ratio Chart

W-SCOPE Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Jan25 Jan26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 1.78 2.59 0.39 0.24

W-SCOPE Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 0.37 0.35 0.37 0.24 0.00

TSE:6619 vs VRT, BE: Cyclically Adjusted PB Ratio Comparison

For the Electrical Equipment & Parts subindustry, W-SCOPE'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.


W-SCOPE Cyclically Adjusted PB Ratio vs Industrial Products Industry

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

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


TSE:6619
38GF Score
W-SCOPE Corp TSE:6619
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

W-SCOPE 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.

W-SCOPE's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=159.00/699.51
=0.23

* 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.

W-SCOPE's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2026 is calculated as:

For example, W-SCOPE's adjusted Book Value per Share data for the three months ended in Jan. 2026 was:

Adj_Book=Book Value per Share/CPI of Jan. 2026 (Change)*Current CPI (Jan. 2026)
=709.121/112.9000*112.9000
=709.121

Current CPI (Jan. 2026) = 112.9000.

W-SCOPE Quarterly Data

Book Value per Share CPI Adj_Book
201512 436.599 98.100 502.467
201603 429.634 97.900 495.461
201606 590.650 98.100 679.759
201609 616.081 98.000 709.750
201612 667.657 98.400 766.041
201703 694.963 98.100 799.810
201706 679.458 98.500 778.790
201709 671.296 98.800 767.098
201712 735.551 99.400 835.450
201803 670.470 99.200 763.065
201806 640.020 99.200 728.410
201809 652.960 99.900 737.930
201812 570.050 99.700 645.523
201903 513.691 99.700 581.702
201906 423.762 99.800 479.386
201909 372.202 100.100 419.796
201912 419.148 100.500 470.864
202003 343.589 100.300 386.752
202006 301.411 99.900 340.634
202009 257.939 99.900 291.505
202012 219.258 99.300 249.287
202103 233.149 99.900 263.489
202106 301.785 99.500 342.427
202109 537.963 100.100 606.753
202112 561.950 100.100 633.808
202203 611.242 101.100 682.584
202206 675.227 101.800 748.852
202209 867.483 103.100 949.940
202212 913.610 104.100 990.841
202303 904.520 104.400 978.164
202306 978.923 105.200 1,050.574
202309 975.826 106.200 1,037.389
202404 1,019.954 107.700 1,069.200
202407 1,069.149 108.600 1,111.482
202410 966.937 109.500 996.961
202501 904.379 111.200 918.205
202504 833.136 111.500 843.597
202507 823.723 111.900 831.084
202510 785.872 112.800 786.569
202601 709.121 112.900 709.121

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 0.23 mean?
W-SCOPE (TSE:6619) has a Cyclically Adjusted PB Ratio of 0.23 as of Aug. 16, 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 W-SCOPE and its competitors. This is 84% below median its historical median of 1.41. Over the past decade, W-SCOPE's Cyclically Adjusted PB Ratio has ranged from 0.21 to 6.04. According to the industry distribution chart, W-SCOPE ranks #80 out of 2203 companies in the Industrial Products industry, placing it in the top 3.6%.
Is W-SCOPE's Cyclically Adjusted PB Ratio too high?
W-SCOPE's current Cyclically Adjusted PB Ratio of 0.23 is 84% below median its 10-year median of 1.41. Over the past 10 years, this metric has ranged from a low of 0.21 to a high of 6.04. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.18. W-SCOPE's value of 0.23 is 89.4% below this industry median. Based on the distribution chart, W-SCOPE ranks #80 out of 2203 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, W-SCOPE has a GF Score™ of 38/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does W-SCOPE's Cyclically Adjusted PB Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, W-SCOPE ranks #80 out of 2203 companies for Cyclically Adjusted PB Ratio. This places W-SCOPE in the top 4% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 2.18. W-SCOPE's value of 0.23 is 89.4% below this benchmark. Historically, W-SCOPE's own Cyclically Adjusted PB Ratio has ranged from 0.21 to 6.04 over the past decade. While the company's 10-year median is 1.41 vs. the industry median of 2.18, W-SCOPE 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 2.18, based on 2,203 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. W-SCOPE's current Cyclically Adjusted PB Ratio of 0.23 is 89.4% 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 W-SCOPE and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. W-SCOPE's current Cyclically Adjusted PB Ratio is 0.23, which is 84% below median its own 10-year median of 1.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is W-SCOPE stock overvalued right now?
Based on GuruFocus' analysis, W-SCOPE (TSE:6619) is currently considered Significantly Overvalued. The stock's GF Value™ is 円48.44, compared to a current price of 円159.00 — trading 228.2% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.23, which is 84% below median its 10-year median of 1.41 and 89.4% below the Industrial Products industry median of 2.18. W-SCOPE's overall GF Score™ is 38/100 with 5 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 W-SCOPE (TSE:6619), the current Cyclically Adjusted PB Ratio is 0.23 as of Aug. 16, 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 W-SCOPE (TSE:6619) Overvalued in 2026?

Based on GuruFocus' analysis, W-SCOPE stock appears to be overvalued. The current stock price of 円159.00 is trading 228.2% above its estimated GF Value™ of 円48.44. GuruFocus considers W-SCOPE to be Significantly Overvalued.

Key valuation signals for TSE:6619:

  • Cyclically Adjusted PB Ratio: 0.23 (84% below median its 10-year median of 1.41)
  • GF Value™: 円48.44 vs. price of 円159.00 (228.2% above fair value)
  • GF Score™: 38/100 with 5 warning signs
  • Industry Position: 89.4% below the Industrial Products median (#80 of 2203)

No single metric tells the full story. See the TSE:6619 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


W-SCOPE Business Description

Address 1-22-6,Higashi-Gotanda, Shinagawa-ku, 8th Floor,Gotanda Sakura Building, Tokyo, JPN, 141-0022
W-SCOPE Corp is engaged in the manufacture and sale of membrane films, such as separators for lithium-ion secondary batteries and ion exchange membranes, utilizing its polymer film technology. Its products include Bare Film Separator, Ceramic Coated Separator, Ion Exchange Membrane. The company is also engaged in textile, furniture and industrial chemical filter business.
38GF Score

Get the complete analysis for TSE:6619

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

円159.00
Price
円48.44
GF Value