Asahi Kagaku Kogyo Co (TSE:7928) Cyclically Adjusted PB Ratio: 0.40 (As of Aug. 05, 2026) — Near Median

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TSE:7928 Asahi Kagaku Kogyo Co Ltd TSE:7928
64 GF Score
Price 円633.00
GF Value 円562.66
Valuation Modestly Overvalued
! 8 Warning Signs
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What is Asahi Kagaku Kogyo Co Cyclically Adjusted PB Ratio?

Asahi Kagaku Kogyo Co TSE:7928 +0.32% 64 Cyclically Adjusted PB Ratio is 0.40 as of Aug. 05, 2026, which is 3% above its 10-year median of 0.39. GuruFocus rates TSE:7928 with a GF Score™ of 64/100 and a GF Value™ of 円562.66 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 2,255 Industrial Products companies, Asahi Kagaku Kogyo Co ranks better than 91.35% on this metric.

As of today (2026-08-05), Asahi Kagaku Kogyo Co's current share price is 円633.00. Asahi Kagaku Kogyo Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Aug25 was 円1,578.58. Asahi Kagaku Kogyo Co's Cyclically Adjusted PB Ratio for today is 0.40.

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

TSE:7928' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.22   Med: 0.39   Max: 0.92
Current: 0.4

During the past 13 years, Asahi Kagaku Kogyo Co's highest Cyclically Adjusted PB Ratio was 0.92. The lowest was 0.22. And the median was 0.39.

TSE:7928's Cyclically Adjusted PB Ratio is ranked better than
91.35% of 2255 companies
in the Industrial Products industry
Industry Median: 2.07 vs TSE:7928: 0.40

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.

Asahi Kagaku Kogyo Co's adjusted book value per share data of for the fiscal year that ended in Aug25 was 円1,691.486. 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1,578.58 for the trailing ten years ended in Aug25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Asahi Kagaku Kogyo Co  (TSE:7928) 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.


Asahi Kagaku Kogyo Co Cyclically Adjusted PB Ratio Related Terms


Asahi Kagaku Kogyo Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Asahi Kagaku Kogyo 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.

Asahi Kagaku Kogyo Co Cyclically Adjusted PB Ratio Chart

Asahi Kagaku Kogyo Co Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.80 0.51 0.41 0.39 0.38

Asahi Kagaku Kogyo Co Semi-Annual Data
Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
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 0.39 0.39 0.38 0.38 0.00

TSE:7928 vs SNA, RBC, SWK: Cyclically Adjusted PB Ratio Comparison

For the Tools & Accessories subindustry, Asahi Kagaku Kogyo 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.


Asahi Kagaku Kogyo Co Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Asahi Kagaku Kogyo Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TSE:7928
64GF Score
Asahi Kagaku Kogyo Co Ltd TSE:7928
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Asahi Kagaku Kogyo 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.

Asahi Kagaku Kogyo Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=633.00/1578.58
=0.40

* 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.

Asahi Kagaku Kogyo Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Aug25 is calculated as:

For example, Asahi Kagaku Kogyo Co's adjusted Book Value per Share data for the fiscal year that ended in Aug25 was:

Adj_Book=Book Value per Share/CPI of Aug25 (Change)*Current CPI (Aug25)
=1691.486/112.1000*112.1000
=1,691.486

Current CPI (Aug25) = 112.1000.

Asahi Kagaku Kogyo Co Annual Data

Book Value per Share CPI Adj_Book
201608 1,244.736 97.900 1,425.280
201708 1,312.847 98.500 1,494.113
201808 1,329.457 99.800 1,493.308
201908 1,197.635 100.000 1,342.549
202008 1,191.769 100.100 1,334.638
202108 1,431.813 99.700 1,609.892
202208 1,681.297 102.700 1,835.184
202308 1,645.075 105.900 1,741.387
202408 1,769.267 109.100 1,817.918
202508 1,691.486 112.100 1,691.486

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 0.40 mean?
Asahi Kagaku Kogyo Co (TSE:7928) has a Cyclically Adjusted PB Ratio of 0.40 as of Aug. 05, 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 Asahi Kagaku Kogyo Co and its competitors. This is near median its historical median of 0.39. Over the past decade, Asahi Kagaku Kogyo Co's Cyclically Adjusted PB Ratio has ranged from 0.22 to 0.92. According to the industry distribution chart, Asahi Kagaku Kogyo Co ranks #195 out of 2255 companies in the Industrial Products industry, placing it in the top 8.6%.
Is Asahi Kagaku Kogyo Co's Cyclically Adjusted PB Ratio too high?
Asahi Kagaku Kogyo Co's current Cyclically Adjusted PB Ratio of 0.40 is near median its 10-year median of 0.39. Over the past 10 years, this metric has ranged from a low of 0.22 to a high of 0.92. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.07. Asahi Kagaku Kogyo Co's value of 0.40 is 80.7% below this industry median. Based on the distribution chart, Asahi Kagaku Kogyo Co ranks #195 out of 2255 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Asahi Kagaku Kogyo Co has a GF Score™ of 64/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Asahi Kagaku Kogyo Co's Cyclically Adjusted PB Ratio compare to SNA and RBC?
According to the Industrial Products industry distribution chart, Asahi Kagaku Kogyo Co ranks #195 out of 2255 companies for Cyclically Adjusted PB Ratio. This places Asahi Kagaku Kogyo Co in the top 9% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 2.07. Asahi Kagaku Kogyo Co's value of 0.40 is 80.7% below this benchmark. Historically, Asahi Kagaku Kogyo Co's own Cyclically Adjusted PB Ratio has ranged from 0.22 to 0.92 over the past decade. While the company's 10-year median is 0.39 vs. the industry median of 2.07, Asahi Kagaku Kogyo 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 an Industrial Products company?
The median Cyclically Adjusted PB Ratio among Industrial Products companies is 2.07, based on 2,255 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. Asahi Kagaku Kogyo Co's current Cyclically Adjusted PB Ratio of 0.40 is 80.7% 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 Asahi Kagaku Kogyo Co and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asahi Kagaku Kogyo Co's current Cyclically Adjusted PB Ratio is 0.40, which is near median its own 10-year median of 0.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asahi Kagaku Kogyo Co stock overvalued right now?
Based on GuruFocus' analysis, Asahi Kagaku Kogyo Co (TSE:7928) is currently considered Modestly Overvalued. The stock's GF Value™ is 円562.66, compared to a current price of 円633.00 — trading 12.5% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.40, which is near median its 10-year median of 0.39 and 80.7% below the Industrial Products industry median of 2.07. Asahi Kagaku Kogyo Co's overall GF Score™ is 64/100 with 8 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 Asahi Kagaku Kogyo Co (TSE:7928), the current Cyclically Adjusted PB Ratio is 0.40 as of Aug. 05, 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 Asahi Kagaku Kogyo Co (TSE:7928) Overvalued in 2026?

Based on GuruFocus' analysis, Asahi Kagaku Kogyo Co stock appears to be overvalued. The current stock price of 円633.00 is trading 12.5% above its estimated GF Value™ of 円562.66. GuruFocus considers Asahi Kagaku Kogyo Co to be Modestly Overvalued.

Key valuation signals for TSE:7928:

  • Cyclically Adjusted PB Ratio: 0.40 (near median its 10-year median of 0.39)
  • GF Value™: 円562.66 vs. price of 円633.00 (12.5% above fair value)
  • GF Score™: 64/100 with 8 warning signs
  • Industry Position: 80.7% below the Industrial Products median (#195 of 2255)

No single metric tells the full story. See the TSE:7928 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Asahi Kagaku Kogyo Co Business Description

Address Anjo-shi Shioga Irucho Hiromi 133-3, Aichi, JPN, 844-1205
Asahi Kagaku Kogyo Co Ltd is a manufacturer of plastic parts, plastics molded products, processed goods and sets of plastics. It also provides electric tool parts, automobile parts, applied equipment, pump parts, building materials.
64GF Score

Get the complete analysis for TSE:7928

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

円633.00
Price
円562.66
GF Value