MORIO DENKI Co (TSE:6647) Cyclically Adjusted PB Ratio: 0.97 (As of Aug. 15, 2026) — 45% Above Median

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TSE:6647 MORIO DENKI Co Ltd TSE:6647
65 GF Score
Price 円3,250.00
GF Value 円2,007.46
Valuation Significantly Overvalued
! 5 Warning Signs
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What is MORIO DENKI Co Cyclically Adjusted PB Ratio?

MORIO DENKI Co TSE:6647 -2.11% 65 Cyclically Adjusted PB Ratio is 0.97 as of Aug. 15, 2026, which is 45% above its 10-year median of 0.67. GuruFocus rates TSE:6647 with a GF Score™ of 65/100 and a GF Value™ of 円2,007.46 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 2,219 Industrial Products companies, MORIO DENKI Co ranks better than 79.09% on this metric.

As of today (2026-08-15), MORIO DENKI Co's current share price is 円3250.00. MORIO DENKI Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円3,359.55. MORIO DENKI Co's Cyclically Adjusted PB Ratio for today is 0.97.

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

TSE:6647' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.5   Med: 0.67   Max: 0.98
Current: 0.97

During the past years, MORIO DENKI Co's highest Cyclically Adjusted PB Ratio was 0.98. The lowest was 0.50. And the median was 0.67.

TSE:6647's Cyclically Adjusted PB Ratio is ranked better than
79.09% of 2219 companies
in the Industrial Products industry
Industry Median: 2.17 vs TSE:6647: 0.97

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.

MORIO DENKI Co's adjusted book value per share data for the three months ended in Mar. 2026 was 円4,580.411. 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3,359.55 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


MORIO DENKI Co  (TSE:6647) 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.


MORIO DENKI Co Cyclically Adjusted PB Ratio Related Terms


MORIO DENKI Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for MORIO DENKI 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.

MORIO DENKI Co Cyclically Adjusted PB Ratio Chart

MORIO DENKI 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 0.69 0.60 0.59 0.51 0.82

MORIO DENKI 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 0.51 0.54 0.61 0.69 0.82

TSE:6647 vs VRT, BE: Cyclically Adjusted PB Ratio Comparison

For the Electrical Equipment & Parts subindustry, MORIO DENKI 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.


MORIO DENKI Co Cyclically Adjusted PB Ratio vs Industrial Products Industry

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

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


TSE:6647
65GF Score
MORIO DENKI Co Ltd TSE:6647
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MORIO DENKI 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.

MORIO DENKI Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3250.00/3359.55
=0.97

* 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.

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

For example, MORIO DENKI 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)
=4580.411/112.7000*112.7000
=4,580.411

Current CPI (Mar. 2026) = 112.7000.

MORIO DENKI Co Quarterly Data

Book Value per Share CPI Adj_Book
201512 2,615.201 98.100 3,004.415
201603 2,543.201 97.900 2,927.669
201606 2,420.069 98.100 2,780.242
201609 2,445.288 98.000 2,812.081
201612 2,633.339 98.400 3,016.030
201703 2,593.495 98.100 2,979.479
201706 2,609.706 98.500 2,985.928
201709 2,629.672 98.800 2,999.636
201712 2,696.301 99.400 3,057.074
201803 2,764.335 99.200 3,140.530
201806 2,840.863 99.200 3,227.472
201809 2,882.768 99.900 3,252.132
201812 2,932.593 99.700 3,314.977
201903 2,951.566 99.700 3,336.424
201906 2,863.592 99.800 3,233.736
201909 2,817.460 100.100 3,172.105
201912 2,930.738 100.500 3,286.509
202003 2,934.695 100.300 3,297.509
202006 2,863.132 99.900 3,229.980
202009 2,865.527 99.900 3,232.682
202012 2,842.247 99.300 3,225.793
202103 3,026.514 99.900 3,414.296
202106 2,952.878 99.500 3,344.617
202109 2,897.591 100.100 3,262.323
202112 3,041.057 100.100 3,423.847
202203 3,062.151 101.100 3,413.496
202206 3,124.971 101.800 3,459.570
202209 3,109.724 103.100 3,399.281
202212 3,110.380 104.100 3,367.337
202303 3,165.105 104.400 3,416.737
202306 3,255.381 105.200 3,487.466
202309 3,352.812 106.200 3,558.022
202312 3,308.425 106.800 3,491.194
202403 3,442.042 107.200 3,618.639
202409 3,357.254 108.900 3,474.403
202503 3,838.318 111.100 3,893.595
202506 3,896.131 111.700 3,931.011
202509 4,029.491 112.000 4,054.675
202512 4,290.017 113.000 4,278.628
202603 4,580.411 112.700 4,580.411

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 0.97 mean?
MORIO DENKI Co (TSE:6647) has a Cyclically Adjusted PB Ratio of 0.97 as of Aug. 15, 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 MORIO DENKI Co and its competitors. This is 45% above median its historical median of 0.67. Over the past decade, MORIO DENKI Co's Cyclically Adjusted PB Ratio has ranged from 0.50 to 0.98. According to the industry distribution chart, MORIO DENKI Co ranks #464 out of 2219 companies in the Industrial Products industry, placing it in the top 20.9%.
Is MORIO DENKI Co's Cyclically Adjusted PB Ratio too high?
MORIO DENKI Co's current Cyclically Adjusted PB Ratio of 0.97 is 45% above median its 10-year median of 0.67. Over the past 10 years, this metric has ranged from a low of 0.50 to a high of 0.98. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.17. MORIO DENKI Co's value of 0.97 is 55.3% below this industry median. Based on the distribution chart, MORIO DENKI Co ranks #464 out of 2219 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, MORIO DENKI Co has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MORIO DENKI Co's Cyclically Adjusted PB Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, MORIO DENKI Co ranks #464 out of 2219 companies for Cyclically Adjusted PB Ratio. This places MORIO DENKI Co in the top 21% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 2.17. MORIO DENKI Co's value of 0.97 is 55.3% below this benchmark. Historically, MORIO DENKI Co's own Cyclically Adjusted PB Ratio has ranged from 0.50 to 0.98 over the past decade. While the company's 10-year median is 0.67 vs. the industry median of 2.17, MORIO DENKI 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 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. MORIO DENKI Co's current Cyclically Adjusted PB Ratio of 0.97 is 55.3% 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 MORIO DENKI Co 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. MORIO DENKI Co's current Cyclically Adjusted PB Ratio is 0.97, which is 45% above median its own 10-year median of 0.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MORIO DENKI Co stock overvalued right now?
Based on GuruFocus' analysis, MORIO DENKI Co (TSE:6647) is currently considered Significantly Overvalued. The stock's GF Value™ is 円2,007.46, compared to a current price of 円3,250.00 — trading 61.9% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.97, which is 45% above median its 10-year median of 0.67 and 55.3% below the Industrial Products industry median of 2.17. MORIO DENKI Co's overall GF Score™ is 65/100 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 MORIO DENKI Co (TSE:6647), the current Cyclically Adjusted PB Ratio is 0.97 as of Aug. 15, 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 MORIO DENKI Co (TSE:6647) Overvalued in 2026?

Based on GuruFocus' analysis, MORIO DENKI Co stock appears to be overvalued. The current stock price of 円3,250.00 is trading 61.9% above its estimated GF Value™ of 円2,007.46. GuruFocus considers MORIO DENKI Co to be Significantly Overvalued.

Key valuation signals for TSE:6647:

  • Cyclically Adjusted PB Ratio: 0.97 (45% above median its 10-year median of 0.67)
  • GF Value™: 円2,007.46 vs. price of 円3,250.00 (61.9% above fair value)
  • GF Score™: 65/100 with 5 warning signs
  • Industry Position: 55.3% below the Industrial Products median (#464 of 2219)

No single metric tells the full story. See the TSE:6647 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


MORIO DENKI Co Business Description

Address 4-34-1, Tateishi, Katsushika-ku, Tokyo, JPN, 125-0062
MORIO DENKI Co Ltd is an electrical equipment manufacturer. The company supplies various kinds of electric and electronic equipment for public transportation uses, such as rolling stock component parts at the core, traffic information display system, and electric equipment for ships.
65GF Score

Get the complete analysis for TSE:6647

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

円3,250.00
Price
円2,007.46
GF Value