Hatsuho Shouji Co (TSE:7425) Cyclically Adjusted PB Ratio: 0.96 (As of Aug. 12, 2026) — 63% Above Median

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TSE:7425 Hatsuho Shouji Co Ltd TSE:7425
84 GF Score
Price 円1,175.00
GF Value 円875.25
Valuation Significantly Overvalued
! 1 Warning Sign
View Full Analysis

What is Hatsuho Shouji Co Cyclically Adjusted PB Ratio?

Hatsuho Shouji Co TSE:7425 84 Cyclically Adjusted PB Ratio is 0.96 as of Aug. 12, 2026, which is 63% above its 10-year median of 0.59. GuruFocus rates TSE:7425 with a GF Score™ of 84/100 and a GF Value™ of 円875.25 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 494 Steel companies, Hatsuho Shouji Co ranks worse than 51.21% on this metric.

As of today (2026-08-12), Hatsuho Shouji Co's current share price is 円1175.00. Hatsuho Shouji Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 was 円1,220.66. Hatsuho Shouji Co's Cyclically Adjusted PB Ratio for today is 0.96.

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

TSE:7425' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.39   Med: 0.59   Max: 1.11
Current: 0.96

During the past 13 years, Hatsuho Shouji Co's highest Cyclically Adjusted PB Ratio was 1.11. The lowest was 0.39. And the median was 0.59.

TSE:7425's Cyclically Adjusted PB Ratio is ranked worse than
51.21% of 494 companies
in the Steel industry
Industry Median: 0.915 vs TSE:7425: 0.96

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.

Hatsuho Shouji Co's adjusted book value per share data of for the fiscal year that ended in Dec25 was 円1,529.776. 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1,220.66 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hatsuho Shouji Co  (TSE:7425) 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.


Hatsuho Shouji Co Cyclically Adjusted PB Ratio Related Terms


Hatsuho Shouji Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Hatsuho Shouji 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.

Hatsuho Shouji Co Cyclically Adjusted PB Ratio Chart

Hatsuho Shouji Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.47 0.53 0.74 0.66 0.86

Hatsuho Shouji Co Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.74 0.81 0.66 0.85 0.86

TSE:7425 vs NUE, STLD, RS: Cyclically Adjusted PB Ratio Comparison

For the Steel subindustry, Hatsuho Shouji 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.


Hatsuho Shouji Co Cyclically Adjusted PB Ratio vs Steel Industry

For the Steel industry and Basic Materials sector, Hatsuho Shouji Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TSE:7425
84GF Score
Hatsuho Shouji Co Ltd TSE:7425
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hatsuho Shouji 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1175.00/1220.66
=0.96

* 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.

Hatsuho Shouji Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Hatsuho Shouji Co's adjusted Book Value per Share data for the fiscal year that ended in Dec25 was:

Adj_Book=Book Value per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=1529.776/113.0000*113.0000
=1,529.776

Current CPI (Dec25) = 113.0000.

Hatsuho Shouji Co Annual Data

Book Value per Share CPI Adj_Book
201612 859.275 98.400 986.769
201712 895.682 99.400 1,018.230
201812 921.071 99.700 1,043.942
201912 991.008 100.500 1,114.268
202012 1,011.076 99.300 1,150.570
202112 1,075.294 100.100 1,213.868
202212 1,188.284 104.100 1,289.876
202312 1,315.918 106.800 1,392.310
202412 1,437.120 110.700 1,466.979
202512 1,529.776 113.000 1,529.776

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 0.96 mean?
Hatsuho Shouji Co (TSE:7425) has a Cyclically Adjusted PB Ratio of 0.96 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 Hatsuho Shouji Co and its competitors. This is 63% above median its historical median of 0.59. Over the past decade, Hatsuho Shouji Co's Cyclically Adjusted PB Ratio has ranged from 0.39 to 1.11. According to the industry distribution chart, Hatsuho Shouji Co ranks #253 out of 494 companies in the Steel industry, placing it in the top 51.2%.
Is Hatsuho Shouji Co's Cyclically Adjusted PB Ratio too high?
Hatsuho Shouji Co's current Cyclically Adjusted PB Ratio of 0.96 is 63% above median its 10-year median of 0.59. Over the past 10 years, this metric has ranged from a low of 0.39 to a high of 1.11. The Steel industry median Cyclically Adjusted PB Ratio is 0.92. Hatsuho Shouji Co's value of 0.96 is 4.9% above this industry median. Based on the distribution chart, Hatsuho Shouji Co ranks #253 out of 494 companies in the Steel industry, which is below the industry midpoint. Overall, Hatsuho Shouji Co has a GF Score™ of 84/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hatsuho Shouji Co's Cyclically Adjusted PB Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Hatsuho Shouji Co ranks #253 out of 494 companies for Cyclically Adjusted PB Ratio. This places Hatsuho Shouji Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.92. Hatsuho Shouji Co's value of 0.96 is 4.9% above this benchmark. Historically, Hatsuho Shouji Co's own Cyclically Adjusted PB Ratio has ranged from 0.39 to 1.11 over the past decade. While the company's 10-year median is 0.59 vs. the industry median of 0.92, Hatsuho Shouji Co 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 Steel company?
The median Cyclically Adjusted PB Ratio among Steel companies is 0.92, based on 494 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. Hatsuho Shouji Co's current Cyclically Adjusted PB Ratio of 0.96 is 4.9% 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 Hatsuho Shouji Co and its competitors. For the Steel industry, the median Cyclically Adjusted PB Ratio is 0.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hatsuho Shouji Co's current Cyclically Adjusted PB Ratio is 0.96, which is 63% above median its own 10-year median of 0.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hatsuho Shouji Co stock overvalued right now?
Based on GuruFocus' analysis, Hatsuho Shouji Co (TSE:7425) is currently considered Significantly Overvalued. The stock's GF Value™ is 円875.25, compared to a current price of 円1,175.00 — trading 34.2% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.96, which is 63% above median its 10-year median of 0.59 and 4.9% above the Steel industry median of 0.92. Hatsuho Shouji Co's overall GF Score™ is 84/100 with 1 warning sign 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 Hatsuho Shouji Co (TSE:7425), the current Cyclically Adjusted PB Ratio is 0.96 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 Hatsuho Shouji Co (TSE:7425) Overvalued in 2026?

Based on GuruFocus' analysis, Hatsuho Shouji Co stock appears to be overvalued. The current stock price of 円1,175.00 is trading 34.2% above its estimated GF Value™ of 円875.25. GuruFocus considers Hatsuho Shouji Co to be Significantly Overvalued.

Key valuation signals for TSE:7425:

  • Cyclically Adjusted PB Ratio: 0.96 (63% above median its 10-year median of 0.59)
  • GF Value™: 円875.25 vs. price of 円1,175.00 (34.2% above fair value)
  • GF Score™: 84/100 with 1 warning sign
  • Industry Position: 4.9% above the Steel median (#253 of 494)

No single metric tells the full story. See the TSE:7425 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hatsuho Shouji Co Business Description

Address 2-14-21 Nishiki Naka-ku, Nagoya-city, Aichi, JPN, 460-0003
Hatsuho Shouji Co Ltd is a Japan-based company engages in the sale of secondary steel products and non-ferrous metals. Its products include light-weight steel frames, wire mesh for concrete, sheet rock, car ports, and other construction materials.
84GF Score

Get the complete analysis for TSE:7425

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

円1,175.00
Price
円875.25
GF Value