Musashi Co (TSE:7521) Cyclically Adjusted PB Ratio: 0.63 (As of Aug. 22, 2026) — 19% Above Median

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TSE:7521 Musashi Co Ltd TSE:7521
68 GF Score
Price 円2,755.00
GF Value 円2,009.24
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Musashi Co Cyclically Adjusted PB Ratio?

Musashi Co TSE:7521 +2.04% 68 Cyclically Adjusted PB Ratio is 0.63 as of Aug. 22, 2026, which is 19% above its 10-year median of 0.53. GuruFocus rates TSE:7521 with a GF Score™ of 68/100 and a GF Value™ of 円2,009.24 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 445 Conglomerates companies, Musashi Co ranks better than 67.19% on this metric.

As of today (2026-08-22), Musashi Co's current share price is 円2755.00. Musashi Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円4,402.41. Musashi Co's Cyclically Adjusted PB Ratio for today is 0.63.

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

TSE:7521' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.38   Med: 0.53   Max: 0.75
Current: 0.63

During the past years, Musashi Co's highest Cyclically Adjusted PB Ratio was 0.75. The lowest was 0.38. And the median was 0.53.

TSE:7521's Cyclically Adjusted PB Ratio is ranked better than
67.19% of 445 companies
in the Conglomerates industry
Industry Median: 1.01 vs TSE:7521: 0.63

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.

Musashi Co's adjusted book value per share data for the three months ended in Mar. 2026 was 円5,421.045. 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4,402.41 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Musashi Co  (TSE:7521) 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.


Musashi Co Cyclically Adjusted PB Ratio Related Terms


Musashi Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Musashi 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.

Musashi Co Cyclically Adjusted PB Ratio Chart

Musashi 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 0.48 0.42 0.46 0.40 0.62

Musashi Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.40 0.54 0.53 0.62 0.00

TSE:7521 vs MMM, HON: Cyclically Adjusted PB Ratio Comparison

For the Conglomerates subindustry, Musashi 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.


Musashi Co Cyclically Adjusted PB Ratio vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Musashi Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TSE:7521
68GF Score
Musashi Co Ltd TSE:7521
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Musashi 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2755.00/4402.41
=0.63

* 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.

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

For example, Musashi 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)
=5421.045/112.7000*112.7000
=5,421.045

Current CPI (Mar. 2026) = 112.7000.

Musashi Co Quarterly Data

Book Value per Share CPI Adj_Book
201603 3,487.775 97.900 4,015.038
201606 3,512.359 98.100 4,035.095
201609 3,578.855 98.000 4,115.683
201612 3,597.394 98.400 4,120.186
201703 3,608.141 98.100 4,145.132
201706 3,602.499 98.500 4,121.844
201709 3,599.006 98.800 4,105.344
201712 3,673.563 99.400 4,165.096
201803 3,686.685 99.200 4,188.401
201806 3,658.605 99.200 4,156.500
201809 3,655.515 99.900 4,123.889
201812 3,614.268 99.700 4,085.537
201903 3,647.991 99.700 4,123.657
201906 3,667.742 99.800 4,141.829
201909 3,741.502 100.100 4,212.460
201912 3,732.366 100.500 4,185.449
202003 3,684.546 100.300 4,140.063
202006 3,663.281 99.900 4,132.650
202009 3,663.145 99.900 4,132.497
202012 3,695.949 99.300 4,194.697
202103 3,763.330 99.900 4,245.518
202106 3,749.269 99.500 4,246.659
202109 3,895.803 100.100 4,386.184
202112 3,964.045 100.100 4,463.016
202203 3,965.806 101.100 4,420.834
202206 4,011.594 101.800 4,441.126
202209 4,110.508 103.100 4,493.252
202212 4,151.013 104.100 4,493.940
202303 4,211.476 104.400 4,546.296
202306 4,280.158 105.200 4,585.302
202309 4,306.134 106.200 4,569.692
202312 4,289.257 106.800 4,526.210
202403 4,431.611 107.200 4,658.979
202406 4,452.304 108.200 4,637.474
202409 4,647.784 108.900 4,809.966
202503 4,984.591 111.100 5,056.376
202506 5,073.378 111.700 5,118.798
202509 5,174.347 112.000 5,206.687
202512 5,141.767 113.000 5,128.116
202603 5,421.045 112.700 5,421.045

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 0.63 mean?
Musashi Co (TSE:7521) has a Cyclically Adjusted PB Ratio of 0.63 as of Aug. 22, 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 Musashi Co and its competitors. This is 19% above median its historical median of 0.53. Over the past decade, Musashi Co's Cyclically Adjusted PB Ratio has ranged from 0.38 to 0.75. According to the industry distribution chart, Musashi Co ranks #146 out of 445 companies in the Conglomerates industry, placing it in the top 32.8%.
Is Musashi Co's Cyclically Adjusted PB Ratio too high?
Musashi Co's current Cyclically Adjusted PB Ratio of 0.63 is 19% above median its 10-year median of 0.53. Over the past 10 years, this metric has ranged from a low of 0.38 to a high of 0.75. The Conglomerates industry median Cyclically Adjusted PB Ratio is 1.01. Musashi Co's value of 0.63 is 37.6% below this industry median. Based on the distribution chart, Musashi Co ranks #146 out of 445 companies in the Conglomerates industry, which is above the industry midpoint. Overall, Musashi Co has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Musashi Co's Cyclically Adjusted PB Ratio compare to MMM and HON?
According to the Conglomerates industry distribution chart, Musashi Co ranks #146 out of 445 companies for Cyclically Adjusted PB Ratio. This puts Musashi Co in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.01. Musashi Co's value of 0.63 is 37.6% below this benchmark. Historically, Musashi Co's own Cyclically Adjusted PB Ratio has ranged from 0.38 to 0.75 over the past decade. While the company's 10-year median is 0.53 vs. the industry median of 1.01, Musashi 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 Conglomerates company?
The median Cyclically Adjusted PB Ratio among Conglomerates companies is 1.01, based on 445 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. Musashi Co's current Cyclically Adjusted PB Ratio of 0.63 is 37.6% 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 Musashi Co and its competitors. For the Conglomerates industry, the median Cyclically Adjusted PB Ratio is 1.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Musashi Co's current Cyclically Adjusted PB Ratio is 0.63, which is 19% above median its own 10-year median of 0.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Musashi Co stock overvalued right now?
Based on GuruFocus' analysis, Musashi Co (TSE:7521) is currently considered Significantly Overvalued. The stock's GF Value™ is 円2,009.24, compared to a current price of 円2,755.00 — trading 37.1% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.63, which is 19% above median its 10-year median of 0.53 and 37.6% below the Conglomerates industry median of 1.01. Musashi Co's overall GF Score™ is 68/100 with 3 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 Musashi Co (TSE:7521), the current Cyclically Adjusted PB Ratio is 0.63 as of Aug. 22, 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 Musashi Co (TSE:7521) Overvalued in 2026?

Based on GuruFocus' analysis, Musashi Co stock appears to be overvalued. The current stock price of 円2,755.00 is trading 37.1% above its estimated GF Value™ of 円2,009.24. GuruFocus considers Musashi Co to be Significantly Overvalued.

Key valuation signals for TSE:7521:

  • Cyclically Adjusted PB Ratio: 0.63 (19% above median its 10-year median of 0.53)
  • GF Value™: 円2,009.24 vs. price of 円2,755.00 (37.1% above fair value)
  • GF Score™: 68/100 with 3 warning signs
  • Industry Position: 37.6% below the Conglomerates median (#146 of 445)

No single metric tells the full story. See the TSE:7521 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Musashi Co Business Description

Address 8-20-36 Ginza, Chuo-ku, Tokyo, JPN, 104-0061
Musashi Co Ltd is engaged in the sale of system equipment. It offers information/industrial systems equipment, printing systems equipment, cash handling systems equipment, and election systems equipment among others. It is also engaged in Planning, development, manufacturing, sales, and software sales of election system equipment and Sales of paper and paper processed goods.
68GF Score

Get the complete analysis for TSE:7521

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

円2,755.00
Price
円2,009.24
GF Value