Furukawa Battery Co (TSE:6937) Cyclically Adjusted PB Ratio: (As of Sep. 22, 2026)

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:6937 Furukawa Battery Co Ltd TSE:6937
59 GF Score
Price 円1,393.00
GF Value 円1,413.21
! 5 Warning Signs
View Full Analysis

What is Furukawa Battery Co Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Furukawa Battery Co  (TSE:6937) 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.


Furukawa Battery Co Cyclically Adjusted PB Ratio Related Terms


Furukawa Battery Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Furukawa Battery 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.

Furukawa Battery Co Cyclically Adjusted PB Ratio Chart

Furukawa Battery Co Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.64 1.78 1.32 1.15 1.40

Furukawa Battery Co Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
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 1.54 1.49 1.46 1.43 1.41

TSE:6937 vs ORLY, AZO, GPC: Cyclically Adjusted PB Ratio Comparison

For the Auto Parts subindustry, Furukawa Battery 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.


Furukawa Battery Co Cyclically Adjusted PB Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Furukawa Battery Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TSE:6937
59GF Score
Furukawa Battery Co Ltd TSE:6937
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Furukawa Battery 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.

Furukawa Battery Co's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2025 is calculated as:

For example, Furukawa Battery Co's adjusted Book Value per Share data for the three months ended in Sep. 2025 was:

Adj_Book=Book Value per Share/CPI of Sep. 2025 (Change)*Current CPI (Sep. 2025)
=1240.91/112.0000*112.0000
=1,240.910

Current CPI (Sep. 2025) = 112.0000.

Furukawa Battery Co Quarterly Data

Book Value per Share CPI Adj_Book
201512 568.341 98.100 648.870
201603 596.469 97.900 682.375
201606 575.450 98.100 656.987
201609 574.839 98.000 656.959
201612 599.507 98.400 682.366
201703 667.845 98.100 762.473
201706 669.248 98.500 760.972
201709 724.390 98.800 821.171
201712 759.871 99.400 856.193
201803 767.467 99.200 866.495
201806 745.898 99.200 842.143
201809 746.417 99.900 836.824
201812 776.650 99.700 872.465
201903 785.833 99.700 882.781
201906 771.922 99.800 866.285
201909 798.250 100.100 893.147
201912 819.698 100.500 913.494
202003 843.159 100.300 941.514
202006 816.647 99.900 915.560
202009 852.556 99.900 955.819
202012 885.413 99.300 998.653
202103 957.596 99.900 1,073.581
202106 958.633 99.500 1,079.064
202109 957.627 100.100 1,071.471
202112 968.428 100.100 1,083.556
202203 1,031.977 101.100 1,143.239
202206 1,032.373 101.800 1,135.813
202209 1,051.594 103.100 1,142.372
202212 1,039.454 104.100 1,118.337
202303 1,066.179 104.400 1,143.794
202306 1,074.905 105.200 1,144.386
202309 1,099.555 106.200 1,159.606
202312 1,112.430 106.800 1,166.593
202403 1,156.458 107.200 1,208.240
202406 1,149.746 108.200 1,190.125
202409 1,143.830 108.900 1,176.391
202412 1,194.262 110.700 1,208.287
202503 1,256.073 111.100 1,266.248
202506 1,238.805 111.700 1,242.132
202509 1,240.910 112.000 1,240.910

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.

Is Furukawa Battery Co (TSE:6937) Overvalued in 2026?

Based on GuruFocus' analysis, Furukawa Battery Co stock appears to be undervalued. The current stock price of 円1,393.00 is trading 1.4% below its estimated GF Value™ of 円1,413.21.

Key valuation signals for TSE:6937:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: 円1,413.21 vs. price of 円1,393.00 (1.4% below fair value)
  • GF Score™: 59/100 with 5 warning signs

No single metric tells the full story. See the TSE:6937 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Furukawa Battery Co Business Description

Address Hoshikawa SF Building, 2-4-1 Hoshikawa, Hodogaya-Ku, Yokohama, Kanagawa Prefecture, JPN, 240-0006
Furukawa Battery Co Ltd manufactures batteries for automobile, industrial infrastructure, disaster prevention and train, aircraft and space development industries. Automobile segment manufactures batteries for k-cars, mid-size cars, large size cars and motorcycles and also for hybrid and iss cars. Industrial infrastructure segment encompasses storage batteries combined with various power supply devices. Its products are the lead acid storage battery, alkaline storage battery, solar power generation systems for industrial use, battery condition watcher, automotive batteries, motorcycle battery, railway carrier batteries, cycle service storage batteries and power supplies. Automobile segment generates most of the revenues for the company.
59GF Score

Get the complete analysis for TSE:6937

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

円1,393.00
Price
円1,413.21
GF Value