TBK Co (TSE:7277) Cyclically Adjusted PB Ratio: 0.32 (As of Aug. 12, 2026) — 11% Below Median

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TSE:7277 TBK Co Ltd TSE:7277
63 GF Score
Price 円348.00
GF Value 円331.74
Valuation Fairly Valued
! 2 Warning Signs
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What is TBK Co Cyclically Adjusted PB Ratio?

TBK Co TSE:7277 +2.35% 63 Cyclically Adjusted PB Ratio is 0.32 as of Aug. 12, 2026, which is 11% below its 10-year median of 0.36. GuruFocus rates TSE:7277 with a GF Score™ of 63/100 and a GF Value™ of 円331.74 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,009 Vehicles & Parts companies, TBK Co ranks better than 89.69% on this metric.

As of today (2026-08-12), TBK Co's current share price is 円348.00. TBK Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円1,092.64. TBK Co's Cyclically Adjusted PB Ratio for today is 0.32.

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

TSE:7277' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.23   Med: 0.36   Max: 0.65
Current: 0.31

During the past years, TBK Co's highest Cyclically Adjusted PB Ratio was 0.65. The lowest was 0.23. And the median was 0.36.

TSE:7277's Cyclically Adjusted PB Ratio is ranked better than
89.69% of 1009 companies
in the Vehicles & Parts industry
Industry Median: 1.28 vs TSE:7277: 0.31

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.

TBK Co's adjusted book value per share data for the three months ended in Mar. 2026 was 円987.125. 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1,092.64 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


TBK Co  (TSE:7277) 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.


TBK Co Cyclically Adjusted PB Ratio Related Terms


TBK Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for TBK 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.

TBK Co Cyclically Adjusted PB Ratio Chart

TBK 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 0.38 0.27 0.36 0.27 0.32

TBK 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 0.27 0.26 0.30 0.33 0.32

TSE:7277 vs ORLY, AZO: Cyclically Adjusted PB Ratio Comparison

For the Auto Parts subindustry, TBK 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.


TBK Co Cyclically Adjusted PB Ratio vs Vehicles & Parts Industry

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

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


TSE:7277
63GF Score
TBK Co Ltd TSE:7277
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TBK 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=348.00/1092.64
=0.32

* 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.

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

For example, TBK 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)
=987.125/112.7000*112.7000
=987.125

Current CPI (Mar. 2026) = 112.7000.

TBK Co Quarterly Data

Book Value per Share CPI Adj_Book
201512 1,028.981 98.100 1,182.122
201603 995.329 97.900 1,145.798
201606 972.279 98.100 1,116.981
201609 978.758 98.000 1,125.572
201612 1,027.686 98.400 1,177.035
201703 1,000.239 98.100 1,149.102
201706 998.500 98.500 1,142.446
201709 1,030.074 98.800 1,174.993
201712 1,065.910 99.400 1,208.532
201803 1,036.455 99.200 1,177.505
201806 1,019.709 99.200 1,158.480
201809 1,048.970 99.900 1,183.373
201812 1,032.599 99.700 1,167.241
201903 1,041.293 99.700 1,177.068
201906 1,027.656 99.800 1,160.489
201909 1,023.494 100.100 1,152.325
201912 1,021.823 100.500 1,145.865
202003 884.329 100.300 993.658
202006 882.946 99.900 996.076
202009 880.663 99.900 993.501
202012 910.700 99.300 1,033.594
202103 913.732 99.900 1,030.807
202106 946.949 99.500 1,072.574
202109 947.188 100.100 1,066.414
202112 948.049 100.100 1,067.384
202203 986.396 101.100 1,099.573
202206 1,002.361 101.800 1,109.686
202209 1,005.146 103.100 1,098.739
202212 997.957 104.100 1,080.401
202303 947.526 104.400 1,022.856
202306 969.400 105.200 1,038.511
202309 986.090 106.200 1,046.444
202312 989.006 106.800 1,043.642
202403 1,004.848 107.200 1,056.403
202409 990.313 108.900 1,024.869
202503 991.471 111.100 1,005.750
202506 980.274 111.700 989.050
202509 1,002.035 112.000 1,008.298
202512 1,098.057 113.000 1,095.142
202603 987.125 112.700 987.125

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 0.32 mean?
TBK Co (TSE:7277) has a Cyclically Adjusted PB Ratio of 0.32 as of Aug. 12, 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 TBK Co and its competitors. This is 11% below median its historical median of 0.36. Over the past decade, TBK Co's Cyclically Adjusted PB Ratio has ranged from 0.23 to 0.65. According to the industry distribution chart, TBK Co ranks #104 out of 1009 companies in the Vehicles & Parts industry, placing it in the top 10.3%.
Is TBK Co's Cyclically Adjusted PB Ratio too high?
TBK Co's current Cyclically Adjusted PB Ratio of 0.32 is 11% below median its 10-year median of 0.36. Over the past 10 years, this metric has ranged from a low of 0.23 to a high of 0.65. The Vehicles & Parts industry median Cyclically Adjusted PB Ratio is 1.28. TBK Co's value of 0.32 is 75% below this industry median. Based on the distribution chart, TBK Co ranks #104 out of 1009 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, TBK Co has a GF Score™ of 63/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does TBK Co's Cyclically Adjusted PB Ratio compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, TBK Co ranks #104 out of 1009 companies for Cyclically Adjusted PB Ratio. This places TBK Co in the top 10% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.28. TBK Co's value of 0.32 is 75% below this benchmark. Historically, TBK Co's own Cyclically Adjusted PB Ratio has ranged from 0.23 to 0.65 over the past decade. While the company's 10-year median is 0.36 vs. the industry median of 1.28, TBK 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 Vehicles & Parts company?
The median Cyclically Adjusted PB Ratio among Vehicles & Parts companies is 1.28, based on 1,009 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. TBK Co's current Cyclically Adjusted PB Ratio of 0.32 is 75% 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 TBK Co and its competitors. For the Vehicles & Parts industry, the median Cyclically Adjusted PB Ratio is 1.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TBK Co's current Cyclically Adjusted PB Ratio is 0.32, which is 11% below median its own 10-year median of 0.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TBK Co stock overvalued right now?
Based on GuruFocus' analysis, TBK Co (TSE:7277) is currently considered Fairly Valued. The stock's GF Value™ is 円331.74, compared to a current price of 円348.00 — trading 4.9% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.32, which is 11% below median its 10-year median of 0.36 and 75% below the Vehicles & Parts industry median of 1.28. TBK Co's overall GF Score™ is 63/100 with 2 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 TBK Co (TSE:7277), the current Cyclically Adjusted PB Ratio is 0.32 as of Aug. 12, 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 TBK Co (TSE:7277) Overvalued in 2026?

Based on GuruFocus' analysis, TBK Co stock appears to be overvalued. The current stock price of 円348.00 is trading 4.9% above its estimated GF Value™ of 円331.74. GuruFocus considers TBK Co to be Fairly Valued.

Key valuation signals for TSE:7277:

  • Cyclically Adjusted PB Ratio: 0.32 (11% below median its 10-year median of 0.36)
  • GF Value™: 円331.74 vs. price of 円348.00 (4.9% above fair value)
  • GF Score™: 63/100 with 2 warning signs
  • Industry Position: 75% below the Vehicles & Parts median (#104 of 1009)

No single metric tells the full story. See the TSE:7277 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


TBK Co Business Description

Address 4-21-1 Minami-Naruse, Machida-shi, Tokyo, JPN, 194-0045
TBK Co Ltd is a Japan-based company engages in the development, production, and sales of components for heavy-duty, medium-duty, and light-duty vehicles. Its products portfolio includes brakes including drum brakes consisting of air and hydraulic brakes, as well as auxiliary products for drum brakes, water pumps for engine cooling and oil pumps for engine lubrication.
63GF Score

Get the complete analysis for TSE:7277

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

円348.00
Price
円331.74
GF Value