Mitsubishi Pencil Co (TSE:7976) Cyclically Adjusted PB Ratio: 1.43 (As of Aug. 05, 2026) — 16% Above Median

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TSE:7976 Mitsubishi Pencil Co Ltd TSE:7976
90 GF Score
Price 円2,727.00
GF Value 円2,526.04
Valuation Fairly Valued
! 6 Warning Signs
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What is Mitsubishi Pencil Co Cyclically Adjusted PB Ratio?

Mitsubishi Pencil Co TSE:7976 +0.96% 90 Cyclically Adjusted PB Ratio is 1.43 as of Aug. 05, 2026, which is 16% above its 10-year median of 1.23. GuruFocus rates TSE:7976 with a GF Score™ of 90/100 and a GF Value™ of 円2,526.04 (Fairly Valued). The stock has 6 warning signs investors should review. Among 2,255 Industrial Products companies, Mitsubishi Pencil Co ranks better than 64.61% on this metric.

As of today (2026-08-05), Mitsubishi Pencil Co's current share price is 円2727.00. Mitsubishi Pencil Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was 円1,906.05. Mitsubishi Pencil Co's Cyclically Adjusted PB Ratio for today is 1.43.

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

TSE:7976' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.88   Med: 1.23   Max: 2.9
Current: 1.37

During the past years, Mitsubishi Pencil Co's highest Cyclically Adjusted PB Ratio was 2.90. The lowest was 0.88. And the median was 1.23.

TSE:7976's Cyclically Adjusted PB Ratio is ranked better than
64.61% of 2255 companies
in the Industrial Products industry
Industry Median: 2.07 vs TSE:7976: 1.37

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.

Mitsubishi Pencil Co's adjusted book value per share data for the three months ended in Dec. 2025 was 円2,560.981. 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1,906.05 for the trailing ten years ended in Dec. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mitsubishi Pencil Co  (TSE:7976) 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.


Mitsubishi Pencil Co Cyclically Adjusted PB Ratio Related Terms


Mitsubishi Pencil Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Mitsubishi Pencil 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.

Mitsubishi Pencil Co Cyclically Adjusted PB Ratio Chart

Mitsubishi Pencil 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 0.90 0.97 1.30 1.30 1.14

Mitsubishi Pencil Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1.41 1.11 1.16 1.14 0.00

Mitsubishi Pencil Co Cyclically Adjusted PB Ratio Competitor Comparison

For the Business Equipment & Supplies subindustry, Mitsubishi Pencil 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.


Mitsubishi Pencil Co Cyclically Adjusted PB Ratio vs Industrial Products Industry

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

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


TSE:7976
90GF Score
Mitsubishi Pencil Co Ltd TSE:7976
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Mitsubishi Pencil 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2727.00/1906.05
=1.43

* 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.

Mitsubishi Pencil Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 is calculated as:

For example, Mitsubishi Pencil Co's adjusted Book Value per Share data for the three months ended in Dec. 2025 was:

Adj_Book=Book Value per Share/CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=2560.981/113.0000*113.0000
=2,560.981

Current CPI (Dec. 2025) = 113.0000.

Mitsubishi Pencil Co Quarterly Data

Book Value per Share CPI Adj_Book
201603 1,280.144 97.900 1,477.592
201606 1,265.832 98.100 1,458.094
201609 1,287.786 98.000 1,484.896
201612 1,356.794 98.400 1,558.107
201703 1,391.403 98.100 1,602.737
201706 1,435.133 98.500 1,646.396
201709 1,459.027 98.800 1,668.725
201712 1,531.645 99.400 1,741.206
201803 1,527.517 99.200 1,740.014
201806 1,547.984 99.200 1,763.329
201809 1,553.326 99.900 1,757.015
201812 1,530.175 99.700 1,734.301
201903 1,496.084 99.700 1,695.662
201906 1,496.538 99.800 1,694.477
201909 1,499.780 100.100 1,693.058
201912 1,581.576 100.500 1,778.289
202003 1,482.601 100.300 1,670.328
202006 1,502.544 99.900 1,699.574
202009 1,513.595 99.900 1,712.074
202012 1,604.868 99.300 1,826.285
202103 1,656.896 99.900 1,874.167
202106 1,675.712 99.500 1,903.070
202109 1,681.753 100.100 1,898.482
202112 1,715.119 100.100 1,936.148
202203 1,695.659 101.100 1,895.247
202206 1,744.396 101.800 1,936.314
202209 1,786.729 103.100 1,958.297
202212 1,874.957 104.100 2,035.256
202303 1,835.739 104.400 1,986.959
202306 1,925.642 105.200 2,068.418
202309 1,971.026 106.200 2,097.231
202312 2,109.987 106.800 2,232.477
202403 2,152.991 107.200 2,269.477
202406 2,256.272 108.200 2,356.365
202409 2,183.302 108.900 2,265.502
202412 2,320.390 110.700 2,368.600
202503 2,301.646 111.100 2,341.008
202506 2,368.090 111.700 2,395.651
202509 2,438.224 112.000 2,459.994
202512 2,560.981 113.000 2,560.981

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 1.43 mean?
Mitsubishi Pencil Co (TSE:7976) has a Cyclically Adjusted PB Ratio of 1.43 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 Mitsubishi Pencil Co and its competitors. This is 16% above median its historical median of 1.23. Over the past decade, Mitsubishi Pencil Co's Cyclically Adjusted PB Ratio has ranged from 0.88 to 2.90. According to the industry distribution chart, Mitsubishi Pencil Co ranks #798 out of 2255 companies in the Industrial Products industry, placing it in the top 35.4%.
Is Mitsubishi Pencil Co's Cyclically Adjusted PB Ratio too high?
Mitsubishi Pencil Co's current Cyclically Adjusted PB Ratio of 1.43 is 16% above median its 10-year median of 1.23. Over the past 10 years, this metric has ranged from a low of 0.88 to a high of 2.90. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.07. Mitsubishi Pencil Co's value of 1.43 is 30.9% below this industry median. Based on the distribution chart, Mitsubishi Pencil Co ranks #798 out of 2255 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Mitsubishi Pencil Co has a GF Score™ of 90/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mitsubishi Pencil Co's Cyclically Adjusted PB Ratio compare to competitors?
According to the Industrial Products industry distribution chart, Mitsubishi Pencil Co ranks #798 out of 2255 companies for Cyclically Adjusted PB Ratio. This puts Mitsubishi Pencil Co in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.07. Mitsubishi Pencil Co's value of 1.43 is 30.9% below this benchmark. Historically, Mitsubishi Pencil Co's own Cyclically Adjusted PB Ratio has ranged from 0.88 to 2.90 over the past decade. While the company's 10-year median is 1.23 vs. the industry median of 2.07, Mitsubishi Pencil 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. Mitsubishi Pencil Co's current Cyclically Adjusted PB Ratio of 1.43 is 30.9% 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 Mitsubishi Pencil 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. Mitsubishi Pencil Co's current Cyclically Adjusted PB Ratio is 1.43, which is 16% above median its own 10-year median of 1.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mitsubishi Pencil Co stock overvalued right now?
Based on GuruFocus' analysis, Mitsubishi Pencil Co (TSE:7976) is currently considered Fairly Valued. The stock's GF Value™ is 円2,526.04, compared to a current price of 円2,727.00 — trading 8% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.43, which is 16% above median its 10-year median of 1.23 and 30.9% below the Industrial Products industry median of 2.07. Mitsubishi Pencil Co's overall GF Score™ is 90/100 with 6 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 Mitsubishi Pencil Co (TSE:7976), the current Cyclically Adjusted PB Ratio is 1.43 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 Mitsubishi Pencil Co (TSE:7976) Overvalued in 2026?

Based on GuruFocus' analysis, Mitsubishi Pencil Co stock appears to be overvalued. The current stock price of 円2,727.00 is trading 8% above its estimated GF Value™ of 円2,526.04. GuruFocus considers Mitsubishi Pencil Co to be Fairly Valued.

Key valuation signals for TSE:7976:

  • Cyclically Adjusted PB Ratio: 1.43 (16% above median its 10-year median of 1.23)
  • GF Value™: 円2,526.04 vs. price of 円2,727.00 (8% above fair value)
  • GF Score™: 90/100 with 6 warning signs
  • Industry Position: 30.9% below the Industrial Products median (#798 of 2255)

No single metric tells the full story. See the TSE:7976 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mitsubishi Pencil Co Business Description

Other Exchanges MSBPF:USA
Address 5-23-37, Higashi-ohi, Shinagawa-ku, Tokyo, JPN, 140-8537
Mitsubishi Pencil Co Ltd manufactures and distributes writing instruments, office supplies, and other products. The company operates in two business segments. The writing material and writing-material-related product segment is engaged in the manufacture and sale of pencils, ballpoint pens, rubbers, office automation equipment, correction tapes, sharpeners, cosmetics, and other products. The other segment provides adhesive tapes and handicraft products. The Japan-based company has operations across Europe, Asia, Oceania, and the Americas.
90GF Score

Get the complete analysis for TSE:7976

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

円2,727.00
Price
円2,526.04
GF Value