DKK Co (TSE:6706) Cyclically Adjusted PB Ratio: 0.81 (As of Aug. 11, 2026) — 16% 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:6706 DKK Co Ltd TSE:6706
67 GF Score
Price 円3,380.00
GF Value 円2,912.97
Valuation Modestly Overvalued
! 6 Warning Signs
View Full Analysis

What is DKK Co Cyclically Adjusted PB Ratio?

DKK Co TSE:6706 +5.62% 67 Cyclically Adjusted PB Ratio is 0.81 as of Aug. 11, 2026, which is 16% above its 10-year median of 0.70. GuruFocus rates TSE:6706 with a GF Score™ of 67/100 and a GF Value™ of 円2,912.97 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 1,967 Hardware companies, DKK Co ranks better than 78.6% on this metric.

As of today (2026-08-11), DKK Co's current share price is 円3380.00. DKK Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円4,148.53. DKK Co's Cyclically Adjusted PB Ratio for today is 0.81.

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

TSE:6706' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.39   Med: 0.7   Max: 1.14
Current: 0.77

During the past years, DKK Co's highest Cyclically Adjusted PB Ratio was 1.14. The lowest was 0.39. And the median was 0.70.

TSE:6706's Cyclically Adjusted PB Ratio is ranked better than
78.6% of 1967 companies
in the Hardware industry
Industry Median: 2.09 vs TSE:6706: 0.77

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.

DKK Co's adjusted book value per share data for the three months ended in Mar. 2026 was 円4,211.861. 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4,148.53 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


DKK Co  (TSE:6706) 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.


DKK Co Cyclically Adjusted PB Ratio Related Terms


DKK Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for DKK 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.

DKK Co Cyclically Adjusted PB Ratio Chart

DKK 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 0.62 0.59 0.54 0.44 0.72

DKK Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 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 0.52 0.48 0.64 0.72 0.00

TSE:6706 vs CSCO, MSI, HPE: Cyclically Adjusted PB Ratio Comparison

For the Communication Equipment subindustry, DKK 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.


DKK Co Cyclically Adjusted PB Ratio vs Hardware Industry

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

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


TSE:6706
67GF Score
DKK Co Ltd TSE:6706
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

DKK 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3380.00/4148.53
=0.81

* 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.

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

For example, DKK 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)
=4211.861/112.7000*112.7000
=4,211.861

Current CPI (Mar. 2026) = 112.7000.

DKK Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 3,399.201 98.100 3,905.096
201609 3,421.546 98.000 3,934.778
201612 3,497.390 98.400 4,005.649
201703 3,602.798 98.100 4,138.994
201706 3,541.193 98.500 4,051.700
201709 3,564.591 98.800 4,066.087
201712 3,638.059 99.400 4,124.842
201803 3,648.200 99.200 4,144.679
201806 3,597.381 99.200 4,086.944
201809 3,619.558 99.900 4,083.325
201812 3,624.877 99.700 4,097.529
201903 3,680.661 99.700 4,160.587
201906 3,595.892 99.800 4,060.692
201909 3,635.236 100.100 4,092.818
201912 3,700.588 100.500 4,149.814
202003 3,760.423 100.300 4,225.321
202006 3,687.526 99.900 4,160.002
202009 3,704.336 99.900 4,178.966
202012 3,780.478 99.300 4,290.633
202103 3,908.062 99.900 4,408.795
202106 3,833.152 99.500 4,341.671
202109 3,872.823 100.100 4,360.311
202112 3,870.221 100.100 4,357.382
202203 3,938.733 101.100 4,390.655
202206 3,871.880 101.800 4,286.453
202209 3,907.663 103.100 4,271.519
202212 3,923.978 104.100 4,248.149
202303 3,942.554 104.400 4,255.995
202306 3,939.231 105.200 4,220.070
202309 4,006.418 106.200 4,251.632
202312 3,922.211 106.800 4,138.887
202403 3,917.373 107.200 4,118.358
202406 3,911.351 108.200 4,074.023
202409 3,929.753 108.900 4,066.879
202412 3,858.215 110.700 3,927.921
202503 3,968.444 111.100 4,025.595
202506 3,910.758 111.700 3,945.769
202509 4,005.621 112.000 4,030.656
202512 4,060.908 113.000 4,050.127
202603 4,211.861 112.700 4,211.861

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 0.81 mean?
DKK Co (TSE:6706) has a Cyclically Adjusted PB Ratio of 0.81 as of Aug. 11, 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 DKK Co and its competitors. This is 16% above median its historical median of 0.70. Over the past decade, DKK Co's Cyclically Adjusted PB Ratio has ranged from 0.39 to 1.14. According to the industry distribution chart, DKK Co ranks #421 out of 1967 companies in the Hardware industry, placing it in the top 21.4%.
Is DKK Co's Cyclically Adjusted PB Ratio too high?
DKK Co's current Cyclically Adjusted PB Ratio of 0.81 is 16% above median its 10-year median of 0.70. Over the past 10 years, this metric has ranged from a low of 0.39 to a high of 1.14. The Hardware industry median Cyclically Adjusted PB Ratio is 2.09. DKK Co's value of 0.81 is 61.2% below this industry median. Based on the distribution chart, DKK Co ranks #421 out of 1967 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, DKK Co has a GF Score™ of 67/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does DKK Co's Cyclically Adjusted PB Ratio compare to CSCO and MSI?
According to the Hardware industry distribution chart, DKK Co ranks #421 out of 1967 companies for Cyclically Adjusted PB Ratio. This places DKK Co in the top 21% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 2.09. DKK Co's value of 0.81 is 61.2% below this benchmark. Historically, DKK Co's own Cyclically Adjusted PB Ratio has ranged from 0.39 to 1.14 over the past decade. While the company's 10-year median is 0.70 vs. the industry median of 2.09, DKK 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 Hardware company?
The median Cyclically Adjusted PB Ratio among Hardware companies is 2.09, based on 1,967 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. DKK Co's current Cyclically Adjusted PB Ratio of 0.81 is 61.2% 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 DKK Co and its competitors. For the Hardware industry, the median Cyclically Adjusted PB Ratio is 2.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DKK Co's current Cyclically Adjusted PB Ratio is 0.81, which is 16% above median its own 10-year median of 0.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DKK Co stock overvalued right now?
Based on GuruFocus' analysis, DKK Co (TSE:6706) is currently considered Modestly Overvalued. The stock's GF Value™ is 円2,912.97, compared to a current price of 円3,380.00 — trading 16% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.81, which is 16% above median its 10-year median of 0.70 and 61.2% below the Hardware industry median of 2.09. DKK Co's overall GF Score™ is 67/100 with 6 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 DKK Co (TSE:6706), the current Cyclically Adjusted PB Ratio is 0.81 as of Aug. 11, 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 DKK Co (TSE:6706) Overvalued in 2026?

Based on GuruFocus' analysis, DKK Co stock appears to be overvalued. The current stock price of 円3,380.00 is trading 16% above its estimated GF Value™ of 円2,912.97. GuruFocus considers DKK Co to be Modestly Overvalued.

Key valuation signals for TSE:6706:

  • Cyclically Adjusted PB Ratio: 0.81 (16% above median its 10-year median of 0.70)
  • GF Value™: 円2,912.97 vs. price of 円3,380.00 (16% above fair value)
  • GF Score™: 67/100 with 6 warning signs
  • Industry Position: 61.2% below the Hardware median (#421 of 1967)

No single metric tells the full story. See the TSE:6706 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


DKK Co Business Description

Address 3-3-1, Marunouchi, Chiyoda-ku, Tokyo, JPN, 100-0005
DKK Co Ltd engages in the design, manufacture, and sale of telecommunications facilities and equipment. It operates through the following divisions: Telecommunication, and Radio Frequency. The Telecommunication segment develops, designs, manufactures and installs antennas, mobile communications towers, peripheral devices, steel structures and solar power panels. The Radio Frequency segment includes induction heating equipment, radio frequency-applied equipment, and vacuum furnaces.
67GF Score

Get the complete analysis for TSE:6706

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

円3,380.00
Price
円2,912.97
GF Value