Minato Holdings (TSE:6862) Cyclically Adjusted PB Ratio: 6.22 (As of Aug. 14, 2026) — 291% Above Median

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TSE:6862 Minato Holdings Inc TSE:6862
76 GF Score
Price 円3,450.00
GF Value 円1,528.81
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Minato Holdings Cyclically Adjusted PB Ratio?

Minato Holdings TSE:6862 +17.03% 76 Cyclically Adjusted PB Ratio is 6.22 as of Aug. 14, 2026, which is 291% above its 10-year median of 1.59. GuruFocus rates TSE:6862 with a GF Score™ of 76/100 and a GF Value™ of 円1,528.81 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,963 Hardware companies, Minato Holdings ranks worse than 72.29% on this metric.

As of today (2026-08-14), Minato Holdings's current share price is 円3450.00. Minato Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円554.32. Minato Holdings's Cyclically Adjusted PB Ratio for today is 6.22.

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

TSE:6862' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.89   Med: 1.59   Max: 6.49
Current: 4.06

During the past years, Minato Holdings's highest Cyclically Adjusted PB Ratio was 6.49. The lowest was 0.89. And the median was 1.59.

TSE:6862's Cyclically Adjusted PB Ratio is ranked worse than
72.29% of 1963 companies
in the Hardware industry
Industry Median: 2.08 vs TSE:6862: 4.06

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.

Minato Holdings's adjusted book value per share data for the three months ended in Mar. 2026 was 円1,086.204. 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554.32 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Minato Holdings  (TSE:6862) 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.


Minato Holdings Cyclically Adjusted PB Ratio Related Terms


Minato Holdings Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Minato Holdings'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.

Minato Holdings Cyclically Adjusted PB Ratio Chart

Minato Holdings 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 1.43 1.54 2.68 1.98 3.59

Minato Holdings Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 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 1.98 1.55 1.70 2.72 3.59

TSE:6862 vs DELL, ANET, SNDK: Cyclically Adjusted PB Ratio Comparison

For the Computer Hardware subindustry, Minato Holdings'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.


Minato Holdings Cyclically Adjusted PB Ratio vs Hardware Industry

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

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


TSE:6862
76GF Score
Minato Holdings Inc TSE:6862
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Minato Holdings 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.

Minato Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3450.00/554.32
=6.22

* 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.

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

For example, Minato Holdings'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)
=1086.204/112.7000*112.7000
=1,086.204

Current CPI (Mar. 2026) = 112.7000.

Minato Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201603 281.061 97.900 323.550
201606 293.015 98.100 336.624
201609 285.452 98.000 328.270
201612 291.878 98.400 334.295
201703 300.066 98.100 344.724
201706 296.576 98.500 339.331
201709 304.359 98.800 347.179
201712 314.424 99.400 356.495
201803 325.158 99.200 369.408
201806 328.416 99.200 373.110
201809 334.922 99.900 377.835
201812 340.344 99.700 384.722
201903 340.696 99.700 385.120
201906 338.073 99.800 381.772
201909 346.808 100.100 390.462
201912 354.180 100.500 397.175
202003 406.894 100.300 457.198
202006 460.148 99.900 519.106
202009 440.190 99.900 496.591
202012 422.378 99.300 479.376
202103 454.597 99.900 512.844
202106 449.755 99.500 509.421
202109 475.327 100.100 535.158
202112 480.455 100.100 540.932
202203 520.343 101.100 580.046
202206 530.196 101.800 586.966
202209 564.751 103.100 617.337
202212 565.929 104.100 612.682
202303 582.145 104.400 628.427
202306 699.669 105.200 749.550
202309 751.456 106.200 797.449
202312 772.287 106.800 814.951
202403 773.708 107.200 813.404
202406 755.339 108.200 786.753
202409 783.033 108.900 810.356
202503 797.395 111.100 808.879
202506 794.024 111.700 801.133
202509 846.898 112.000 852.191
202512 1,008.339 113.000 1,005.662
202603 1,086.204 112.700 1,086.204

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 6.22 mean?
Minato Holdings (TSE:6862) has a Cyclically Adjusted PB Ratio of 6.22 as of Aug. 14, 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 Minato Holdings and its competitors. This is 291% above median its historical median of 1.59. Over the past decade, Minato Holdings' Cyclically Adjusted PB Ratio has ranged from 0.89 to 6.49. According to the industry distribution chart, Minato Holdings ranks #1419 out of 1963 companies in the Hardware industry, placing it in the top 72.3%.
Is Minato Holdings' Cyclically Adjusted PB Ratio too high?
Minato Holdings' current Cyclically Adjusted PB Ratio of 6.22 is 291% above median its 10-year median of 1.59. Over the past 10 years, this metric has ranged from a low of 0.89 to a high of 6.49. The Hardware industry median Cyclically Adjusted PB Ratio is 2.08. Minato Holdings' value of 6.22 is 199% above this industry median. Based on the distribution chart, Minato Holdings ranks #1419 out of 1963 companies in the Hardware industry, which is below the industry midpoint. Overall, Minato Holdings has a GF Score™ of 76/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Minato Holdings' Cyclically Adjusted PB Ratio compare to DELL and ANET?
According to the Hardware industry distribution chart, Minato Holdings ranks #1419 out of 1963 companies for Cyclically Adjusted PB Ratio. This places Minato Holdings in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.08. Minato Holdings' value of 6.22 is 199% above this benchmark. Historically, Minato Holdings' own Cyclically Adjusted PB Ratio has ranged from 0.89 to 6.49 over the past decade. While the company's 10-year median is 1.59 vs. the industry median of 2.08, Minato Holdings 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 Hardware company?
The median Cyclically Adjusted PB Ratio among Hardware companies is 2.08, based on 1,963 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. Minato Holdings's current Cyclically Adjusted PB Ratio of 6.22 is 199% 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 Minato Holdings and its competitors. For the Hardware industry, the median Cyclically Adjusted PB Ratio is 2.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Minato Holdings's current Cyclically Adjusted PB Ratio is 6.22, which is 291% above median its own 10-year median of 1.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Minato Holdings stock overvalued right now?
Based on GuruFocus' analysis, Minato Holdings (TSE:6862) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,528.81, compared to a current price of 円3,450.00 — trading 125.7% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 6.22, which is 291% above median its 10-year median of 1.59 and 199% above the Hardware industry median of 2.08. Minato Holdings' overall GF Score™ is 76/100 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 Minato Holdings (TSE:6862), the current Cyclically Adjusted PB Ratio is 6.22 as of Aug. 14, 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 Minato Holdings (TSE:6862) Overvalued in 2026?

Based on GuruFocus' analysis, Minato Holdings stock appears to be overvalued. The current stock price of 円3,450.00 is trading 125.7% above its estimated GF Value™ of 円1,528.81. GuruFocus considers Minato Holdings to be Significantly Overvalued.

Key valuation signals for TSE:6862:

  • Cyclically Adjusted PB Ratio: 6.22 (291% above median its 10-year median of 1.59)
  • GF Value™: 円1,528.81 vs. price of 円3,450.00 (125.7% above fair value)
  • GF Score™: 76/100 with 5 warning signs
  • Industry Position: 199% above the Hardware median (#1419 of 1963)

No single metric tells the full story. See the TSE:6862 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Minato Holdings Business Description

Address 4-21-3 Shimbashi, 6th Flooe, Shimbashi Tokyu Building, Minato-ku, Kanagawa, JPN, 105-0004
Minato Holdings Inc is a Japan-based company engaged in four core business segments: Digital Devices, Digital Engineering, ICT Products, and Others. The Digital Devices segment includes the manufacturing and sale of industrial-use memory modules like DIMMs, as well as eMMC, eMCP, and mobile accessories. The Digital Engineering segment covers device programming, digital signage systems, and software and hardware development, including OEM and ODM services. The ICT Products segment handles the sale and maintenance of digital AV equipment and PCs. The Others segment includes investments in domestic ventures and solar power projects.
76GF Score

Get the complete analysis for TSE:6862

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

円3,450.00
Price
円1,528.81
GF Value