Naito (TSE:7624) Cyclically Adjusted PB Ratio: 0.60 (As of Aug. 08, 2026) — 21% Below Median

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TSE:7624 Naito & Co Ltd TSE:7624
68 GF Score
Price 円140.00
GF Value 円139.16
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Naito Cyclically Adjusted PB Ratio?

Naito TSE:7624 68 Cyclically Adjusted PB Ratio is 0.60 as of Aug. 08, 2026, which is 21% below its 10-year median of 0.76. GuruFocus rates TSE:7624 with a GF Score™ of 68/100 and a GF Value™ of 円139.16 (Fairly Valued). The stock has 3 warning signs investors should review. Among 127 Industrial Distribution companies, Naito ranks better than 72.44% on this metric.

As of today (2026-08-08), Naito's current share price is 円140.00. Naito's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2026 was 円233.96. Naito's Cyclically Adjusted PB Ratio for today is 0.60.

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

TSE:7624' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.52   Med: 0.76   Max: 1.27
Current: 0.59

During the past years, Naito's highest Cyclically Adjusted PB Ratio was 1.27. The lowest was 0.52. And the median was 0.76.

TSE:7624's Cyclically Adjusted PB Ratio is ranked better than
72.44% of 127 companies
in the Industrial Distribution industry
Industry Median: 1.3 vs TSE:7624: 0.59

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.

Naito's adjusted book value per share data for the three months ended in Feb. 2026 was 円239.897. 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233.96 for the trailing ten years ended in Feb. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Naito  (TSE:7624) 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.


Naito Cyclically Adjusted PB Ratio Related Terms


Naito Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Naito'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.

Naito Cyclically Adjusted PB Ratio Chart

Naito Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.86 0.72 0.63 0.55 0.62

Naito Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 0.56 0.59 0.60 0.62 0.00

TSE:7624 vs GWW, FAST, FERG: Cyclically Adjusted PB Ratio Comparison

For the Industrial Distribution subindustry, Naito'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.


Naito Cyclically Adjusted PB Ratio vs Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Naito's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TSE:7624
68GF Score
Naito & Co Ltd TSE:7624
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Naito 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.

Naito's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=140.00/233.96
=0.60

* 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.

Naito's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2026 is calculated as:

For example, Naito's adjusted Book Value per Share data for the three months ended in Feb. 2026 was:

Adj_Book=Book Value per Share/CPI of Feb. 2026 (Change)*Current CPI (Feb. 2026)
=239.897/112.2000*112.2000
=239.897

Current CPI (Feb. 2026) = 112.2000.

Naito Quarterly Data

Book Value per Share CPI Adj_Book
201602 182.499 97.800 209.370
201605 181.275 98.200 207.119
201608 182.864 97.900 209.574
201611 185.567 98.600 211.162
201702 186.593 98.100 213.412
201705 186.410 98.600 212.122
201708 189.514 98.500 215.873
201711 193.568 99.100 219.156
201802 195.979 99.500 220.993
201805 195.979 99.300 221.439
201808 199.850 99.800 224.681
201811 204.598 100.000 229.559
201902 207.210 99.700 233.189
201905 208.597 100.000 234.046
201908 210.917 100.000 236.649
201911 214.204 100.500 239.141
202002 215.811 100.300 241.416
202005 212.487 100.100 238.172
202008 212.816 100.100 238.541
202011 214.861 99.500 242.285
202102 216.906 99.800 243.856
202105 218.148 99.400 246.239
202108 220.211 99.700 247.820
202111 221.891 100.100 248.713
202202 223.170 100.700 248.656
202205 222.092 101.800 244.781
202208 225.032 102.700 245.848
202211 229.561 103.900 247.899
202302 231.223 104.000 249.454
202305 228.940 105.100 244.406
202308 231.734 105.900 245.520
202311 232.940 106.900 244.489
202402 234.200 106.900 245.811
202405 230.292 108.100 239.026
202408 231.716 109.100 238.300
202502 235.752 110.800 238.731
202505 232.611 111.800 233.443
202508 234.711 112.100 234.920
202511 234.948 113.200 232.872
202602 239.897 112.200 239.897

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 0.60 mean?
Naito (TSE:7624) has a Cyclically Adjusted PB Ratio of 0.60 as of Aug. 08, 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 Naito and its competitors. This is 21% below median its historical median of 0.76. Over the past decade, Naito's Cyclically Adjusted PB Ratio has ranged from 0.52 to 1.27. According to the industry distribution chart, Naito ranks #35 out of 127 companies in the Industrial Distribution industry, placing it in the top 27.6%.
Is Naito's Cyclically Adjusted PB Ratio too high?
Naito's current Cyclically Adjusted PB Ratio of 0.60 is 21% below median its 10-year median of 0.76. Over the past 10 years, this metric has ranged from a low of 0.52 to a high of 1.27. The Industrial Distribution industry median Cyclically Adjusted PB Ratio is 1.30. Naito's value of 0.60 is 53.8% below this industry median. Based on the distribution chart, Naito ranks #35 out of 127 companies in the Industrial Distribution industry, which is above the industry midpoint. Overall, Naito has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Naito's Cyclically Adjusted PB Ratio compare to GWW and FAST?
According to the Industrial Distribution industry distribution chart, Naito ranks #35 out of 127 companies for Cyclically Adjusted PB Ratio. This puts Naito in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.30. Naito's value of 0.60 is 53.8% below this benchmark. Historically, Naito's own Cyclically Adjusted PB Ratio has ranged from 0.52 to 1.27 over the past decade. While the company's 10-year median is 0.76 vs. the industry median of 1.30, Naito 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 an Industrial Distribution company?
The median Cyclically Adjusted PB Ratio among Industrial Distribution companies is 1.30, based on 127 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. Naito's current Cyclically Adjusted PB Ratio of 0.60 is 53.8% 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 Naito and its competitors. For the Industrial Distribution industry, the median Cyclically Adjusted PB Ratio is 1.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Naito's current Cyclically Adjusted PB Ratio is 0.60, which is 21% below median its own 10-year median of 0.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Naito stock overvalued right now?
Based on GuruFocus' analysis, Naito (TSE:7624) is currently considered Fairly Valued. The stock's GF Value™ is 円139.16, compared to a current price of 円140.00 — trading 0.6% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.60, which is 21% below median its 10-year median of 0.76 and 53.8% below the Industrial Distribution industry median of 1.30. Naito'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 Naito (TSE:7624), the current Cyclically Adjusted PB Ratio is 0.60 as of Aug. 08, 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 Naito (TSE:7624) Overvalued in 2026?

Based on GuruFocus' analysis, Naito stock appears to be overvalued. The current stock price of 円140.00 is trading 0.6% above its estimated GF Value™ of 円139.16. GuruFocus considers Naito to be Fairly Valued.

Key valuation signals for TSE:7624:

  • Cyclically Adjusted PB Ratio: 0.60 (21% below median its 10-year median of 0.76)
  • GF Value™: 円139.16 vs. price of 円140.00 (0.6% above fair value)
  • GF Score™: 68/100 with 3 warning signs
  • Industry Position: 53.8% below the Industrial Distribution median (#35 of 127)

No single metric tells the full story. See the TSE:7624 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Naito Business Description

Address 2-1, Showa-machi Kita-ku, Tokyo, JPN
Naito & Co Ltd engages in the trading of machine tools. The company sales cutting tools, measurement, industrial equipment and machine tools. Its product offerings include drilling tool, threading tool, milling tool, measuring equipment, compressor, safety equipment, chemical supplies, lifting equipment, environment improvement items, transport equipment, work assistance equipment, among others.
68GF Score

Get the complete analysis for TSE:7624

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

円140.00
Price
円139.16
GF Value