Seiwa Electric Mfg Co (TSE:6748) Cyclically Adjusted PB Ratio: 0.72 (As of Aug. 08, 2026) — Near Median

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TSE:6748 Seiwa Electric Mfg Co Ltd TSE:6748
57 GF Score
Price 円754.00
GF Value 円399.05
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Seiwa Electric Mfg Co Cyclically Adjusted PB Ratio?

Seiwa Electric Mfg Co TSE:6748 +1.34% 57 Cyclically Adjusted PB Ratio is 0.72 as of Aug. 08, 2026, which is 7% above its 10-year median of 0.67. GuruFocus rates TSE:6748 with a GF Score™ of 57/100 and a GF Value™ of 円399.05 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 2,252 Industrial Products companies, Seiwa Electric Mfg Co ranks better than 83.21% on this metric.

As of today (2026-08-08), Seiwa Electric Mfg Co's current share price is 円754.00. Seiwa Electric Mfg Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was 円1,052.81. Seiwa Electric Mfg Co's Cyclically Adjusted PB Ratio for today is 0.72.

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

TSE:6748' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.47   Med: 0.67   Max: 0.99
Current: 0.69

During the past years, Seiwa Electric Mfg Co's highest Cyclically Adjusted PB Ratio was 0.99. The lowest was 0.47. And the median was 0.67.

TSE:6748's Cyclically Adjusted PB Ratio is ranked better than
83.21% of 2252 companies
in the Industrial Products industry
Industry Median: 2.07 vs TSE:6748: 0.69

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.

Seiwa Electric Mfg Co's adjusted book value per share data for the three months ended in Dec. 2025 was 円1,473.522. 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1,052.81 for the trailing ten years ended in Dec. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Seiwa Electric Mfg Co  (TSE:6748) 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.


Seiwa Electric Mfg Co Cyclically Adjusted PB Ratio Related Terms


Seiwa Electric Mfg Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Seiwa Electric Mfg 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.

Seiwa Electric Mfg Co Cyclically Adjusted PB Ratio Chart

Seiwa Electric Mfg Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.74 0.66 0.52 0.53 0.54

Seiwa Electric Mfg Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24 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 0.52 0.55 0.70 0.78 0.00

TSE:6748 vs VRT, BE: Cyclically Adjusted PB Ratio Comparison

For the Electrical Equipment & Parts subindustry, Seiwa Electric Mfg 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.


Seiwa Electric Mfg Co Cyclically Adjusted PB Ratio vs Industrial Products Industry

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

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


TSE:6748
57GF Score
Seiwa Electric Mfg Co Ltd TSE:6748
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Seiwa Electric Mfg 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.

Seiwa Electric Mfg Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=754.00/1052.81
=0.72

* 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.

Seiwa Electric Mfg Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 is calculated as:

For example, Seiwa Electric Mfg Co's adjusted Book Value per Share data for the three months ended in Dec. 2025 was:

Adj_Book=Book Value per Share/CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=1473.522/113.0000*113.0000
=1,473.522

Current CPI (Dec. 2025) = 113.0000.

Seiwa Electric Mfg Co Quarterly Data

Book Value per Share CPI Adj_Book
201512 763.533 98.100 879.503
201603 817.987 97.900 944.153
201606 783.439 98.100 902.432
201609 734.832 98.000 847.306
201612 701.876 98.400 806.016
201703 762.785 98.100 878.641
201706 739.985 98.500 848.917
201709 713.845 98.800 816.442
201712 730.014 99.400 829.895
201803 803.866 99.200 915.694
201806 775.926 99.200 883.867
201809 756.639 99.900 855.858
201812 760.679 99.700 862.154
201903 791.690 99.700 897.302
201906 783.661 99.800 887.312
201909 785.537 100.100 886.770
201912 809.875 100.500 910.606
202003 849.353 100.300 956.898
202006 815.613 99.900 922.565
202009 815.841 99.900 922.823
202012 914.743 99.300 1,040.946
202103 968.355 99.900 1,095.336
202106 981.282 99.500 1,114.421
202109 1,008.588 100.100 1,138.566
202112 1,002.138 100.100 1,131.285
202203 998.321 101.100 1,115.829
202206 1,025.565 101.800 1,138.397
202209 1,047.385 103.100 1,147.958
202212 1,071.026 104.100 1,162.593
202303 1,079.291 104.400 1,168.198
202306 1,102.075 105.200 1,183.788
202309 1,121.204 106.200 1,192.995
202312 1,187.783 106.800 1,256.737
202403 1,239.525 107.200 1,306.589
202406 1,266.629 108.200 1,322.820
202412 1,318.446 110.700 1,345.839
202503 1,336.423 111.100 1,359.278
202506 1,348.875 111.700 1,364.574
202509 1,385.218 112.000 1,397.586
202512 1,473.522 113.000 1,473.522

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 0.72 mean?
Seiwa Electric Mfg Co (TSE:6748) has a Cyclically Adjusted PB Ratio of 0.72 as of Aug. 08, 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 Seiwa Electric Mfg Co and its competitors. This is near median its historical median of 0.67. Over the past decade, Seiwa Electric Mfg Co's Cyclically Adjusted PB Ratio has ranged from 0.47 to 0.99. According to the industry distribution chart, Seiwa Electric Mfg Co ranks #378 out of 2252 companies in the Industrial Products industry, placing it in the top 16.8%.
Is Seiwa Electric Mfg Co's Cyclically Adjusted PB Ratio too high?
Seiwa Electric Mfg Co's current Cyclically Adjusted PB Ratio of 0.72 is near median its 10-year median of 0.67. Over the past 10 years, this metric has ranged from a low of 0.47 to a high of 0.99. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.07. Seiwa Electric Mfg Co's value of 0.72 is 65.2% below this industry median. Based on the distribution chart, Seiwa Electric Mfg Co ranks #378 out of 2252 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Seiwa Electric Mfg Co has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Seiwa Electric Mfg Co's Cyclically Adjusted PB Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, Seiwa Electric Mfg Co ranks #378 out of 2252 companies for Cyclically Adjusted PB Ratio. This places Seiwa Electric Mfg Co in the top 17% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 2.07. Seiwa Electric Mfg Co's value of 0.72 is 65.2% below this benchmark. Historically, Seiwa Electric Mfg Co's own Cyclically Adjusted PB Ratio has ranged from 0.47 to 0.99 over the past decade. While the company's 10-year median is 0.67 vs. the industry median of 2.07, Seiwa Electric Mfg 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 2.07, based on 2,252 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. Seiwa Electric Mfg Co's current Cyclically Adjusted PB Ratio of 0.72 is 65.2% 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 Seiwa Electric Mfg Co and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Seiwa Electric Mfg Co's current Cyclically Adjusted PB Ratio is 0.72, which is near 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 Seiwa Electric Mfg Co stock overvalued right now?
Based on GuruFocus' analysis, Seiwa Electric Mfg Co (TSE:6748) is currently considered Significantly Overvalued. The stock's GF Value™ is 円399.05, compared to a current price of 円754.00 — trading 88.9% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.72, which is near median its 10-year median of 0.67 and 65.2% below the Industrial Products industry median of 2.07. Seiwa Electric Mfg Co's overall GF Score™ is 57/100 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 Seiwa Electric Mfg Co (TSE:6748), the current Cyclically Adjusted PB Ratio is 0.72 as of Aug. 08, 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 Seiwa Electric Mfg Co (TSE:6748) Overvalued in 2026?

Based on GuruFocus' analysis, Seiwa Electric Mfg Co stock appears to be overvalued. The current stock price of 円754.00 is trading 88.9% above its estimated GF Value™ of 円399.05. GuruFocus considers Seiwa Electric Mfg Co to be Significantly Overvalued.

Key valuation signals for TSE:6748:

  • Cyclically Adjusted PB Ratio: 0.72 (near median its 10-year median of 0.67)
  • GF Value™: 円399.05 vs. price of 円754.00 (88.9% above fair value)
  • GF Score™: 57/100 with 4 warning signs
  • Industry Position: 65.2% below the Industrial Products median (#378 of 2252)

No single metric tells the full story. See the TSE:6748 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Seiwa Electric Mfg Co Business Description

Address 36 Pond, Teradashin, Joyo, Kyoto, JPN
Seiwa Electric Mfg Co Ltd manufactures electronic components in Japan. Its products include an Information display system, road and tunnel lighting fixtures for the industrial segment, LED lighting products, noise protection products, and wiring protection solutions.
57GF Score

Get the complete analysis for TSE:6748

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

円754.00
Price
円399.05
GF Value