MTG Co (TSE:7806) Cyclically Adjusted PB Ratio: 8.20 (As of Aug. 17, 2026) — 86% Above Median

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TSE:7806 MTG Co Ltd TSE:7806
69 GF Score
Price 円8,230.00
GF Value 円3,667.42
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is MTG Co Cyclically Adjusted PB Ratio?

MTG Co TSE:7806 +1.23% 69 Cyclically Adjusted PB Ratio is 8.20 as of Aug. 17, 2026, which is 86% above its 10-year median of 4.41. GuruFocus rates TSE:7806 with a GF Score™ of 69/100 and a GF Value™ of 円3,667.42 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,386 Consumer Packaged Goods companies, MTG Co ranks worse than 95.09% on this metric.

As of today (2026-08-17), MTG Co's current share price is 円8230.00. MTG Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Sep25 was 円1,003.52. MTG Co's Cyclically Adjusted PB Ratio for today is 8.20.

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

TSE:7806' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.71   Med: 4.41   Max: 8.1
Current: 8.1

During the past 10 years, MTG Co's highest Cyclically Adjusted PB Ratio was 8.10. The lowest was 3.71. And the median was 4.41.

TSE:7806's Cyclically Adjusted PB Ratio is ranked worse than
95.09% of 1386 companies
in the Consumer Packaged Goods industry
Industry Median: 1.28 vs TSE:7806: 8.10

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.

MTG Co's adjusted book value per share data of for the fiscal year that ended in Sep25 was 円1,298.218. 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1,003.52 for the trailing ten years ended in Sep25.

Shiller PE for Stocks: The True Measure of Stock Valuation


MTG Co  (TSE:7806) 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.


MTG Co Cyclically Adjusted PB Ratio Related Terms


MTG Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for MTG 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.

MTG Co Cyclically Adjusted PB Ratio Chart

MTG Co Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 4.63

MTG Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 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 0.00 4.63 0.00 0.00 0.00

TSE:7806 vs PG, CL, KVUE: Cyclically Adjusted PB Ratio Comparison

For the Household & Personal Products subindustry, MTG 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.


MTG Co Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, MTG Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TSE:7806
69GF Score
MTG Co Ltd TSE:7806
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MTG 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=8230.00/1003.52
=8.20

* 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.

MTG Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Sep25 is calculated as:

For example, MTG Co's adjusted Book Value per Share data for the fiscal year that ended in Sep25 was:

Adj_Book=Book Value per Share/CPI of Sep25 (Change)*Current CPI (Sep25)
=1298.218/112.0000*112.0000
=1,298.218

Current CPI (Sep25) = 112.0000.

MTG Co Annual Data

Book Value per Share CPI Adj_Book
201609 269.041 98.000 307.475
201709 416.673 98.800 472.342
201809 1,462.727 99.900 1,639.894
201909 795.862 100.100 890.475
202009 843.057 99.900 945.169
202109 974.267 100.100 1,090.089
202209 1,036.962 103.100 1,126.477
202309 1,063.726 106.200 1,121.820
202409 1,111.617 108.900 1,143.261
202509 1,298.218 112.000 1,298.218

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 8.20 mean?
MTG Co (TSE:7806) has a Cyclically Adjusted PB Ratio of 8.20 as of Aug. 17, 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 MTG Co and its competitors. This is 86% above median its historical median of 4.41. Over the past decade, MTG Co's Cyclically Adjusted PB Ratio has ranged from 3.71 to 8.10. According to the industry distribution chart, MTG Co ranks #1318 out of 1386 companies in the Consumer Packaged Goods industry, placing it in the top 95.1%.
Is MTG Co's Cyclically Adjusted PB Ratio too high?
MTG Co's current Cyclically Adjusted PB Ratio of 8.20 is 86% above median its 10-year median of 4.41. Over the past 10 years, this metric has ranged from a low of 3.71 to a high of 8.10. The Consumer Packaged Goods industry median Cyclically Adjusted PB Ratio is 1.28. MTG Co's value of 8.20 is 540.6% above this industry median. Based on the distribution chart, MTG Co ranks #1318 out of 1386 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, MTG Co has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MTG Co's Cyclically Adjusted PB Ratio compare to PG and CL?
According to the Consumer Packaged Goods industry distribution chart, MTG Co ranks #1318 out of 1386 companies for Cyclically Adjusted PB Ratio. This places MTG Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.28. MTG Co's value of 8.20 is 540.6% above this benchmark. Historically, MTG Co's own Cyclically Adjusted PB Ratio has ranged from 3.71 to 8.10 over the past decade. While the company's 10-year median is 4.41 vs. the industry median of 1.28, MTG 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 Consumer Packaged Goods company?
The median Cyclically Adjusted PB Ratio among Consumer Packaged Goods companies is 1.28, based on 1,386 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. MTG Co's current Cyclically Adjusted PB Ratio of 8.20 is 540.6% 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 MTG Co and its competitors. For the Consumer Packaged Goods 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. MTG Co's current Cyclically Adjusted PB Ratio is 8.20, which is 86% above median its own 10-year median of 4.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MTG Co stock overvalued right now?
Based on GuruFocus' analysis, MTG Co (TSE:7806) is currently considered Significantly Overvalued. The stock's GF Value™ is 円3,667.42, compared to a current price of 円8,230.00 — trading 124.4% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 8.20, which is 86% above median its 10-year median of 4.41 and 540.6% above the Consumer Packaged Goods industry median of 1.28. MTG Co's overall GF Score™ is 69/100 with 5 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 MTG Co (TSE:7806), the current Cyclically Adjusted PB Ratio is 8.20 as of Aug. 17, 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 MTG Co (TSE:7806) Overvalued in 2026?

Based on GuruFocus' analysis, MTG Co stock appears to be overvalued. The current stock price of 円8,230.00 is trading 124.4% above its estimated GF Value™ of 円3,667.42. GuruFocus considers MTG Co to be Significantly Overvalued.

Key valuation signals for TSE:7806:

  • Cyclically Adjusted PB Ratio: 8.20 (86% above median its 10-year median of 4.41)
  • GF Value™: 円3,667.42 vs. price of 円8,230.00 (124.4% above fair value)
  • GF Score™: 69/100 with 5 warning signs
  • Industry Position: 540.6% above the Consumer Packaged Goods median (#1318 of 1386)

No single metric tells the full story. See the TSE:7806 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


MTG Co Business Description

Address 2-32 Honjin-dori, Nakamura-ku nagoya-shi Aichi, Nagoya, JPN, 453-0041
MTG Co Ltd is a Japan-based company engages in the manufacture of personal care products. The company is primarily engaged in the planning, development, manufacturing, and selling of beauty devices, cosmetics, and quasi-drug products. It is also involved in the development and manufacturing of fitness equipment. The company offers its products under the ReFa, SIXPAD, MDNA SKIN, kirala, ReFa Active, PLOSION, Style, PAO, INBEAUTE, Obleu, TAIKAN STREAM, CAXA UP, LIPLU, and Glamure.
69GF Score

Get the complete analysis for TSE:7806

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

円8,230.00
Price
円3,667.42
GF Value