Mamiya-OP Co (TSE:7991) Cyclically Adjusted PB Ratio: 0.56 (As of Aug. 11, 2026) — 22% Below Median

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TSE:7991 Mamiya-OP Co Ltd TSE:7991
69 GF Score
Price 円1,065.00
GF Value 円1,054.24
Valuation Fairly Valued
! 3 Warning Signs
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What is Mamiya-OP Co Cyclically Adjusted PB Ratio?

Mamiya-OP Co TSE:7991 -0.37% 69 Cyclically Adjusted PB Ratio is 0.56 as of Aug. 11, 2026, which is 22% below its 10-year median of 0.72. GuruFocus rates TSE:7991 with a GF Score™ of 69/100 and a GF Value™ of 円1,054.24 (Fairly Valued). The stock has 3 warning signs investors should review. Among 2,242 Industrial Products companies, Mamiya-OP Co ranks better than 87.38% on this metric.

As of today (2026-08-11), Mamiya-OP Co's current share price is 円1065.00. Mamiya-OP Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円1,893.66. Mamiya-OP Co's Cyclically Adjusted PB Ratio for today is 0.56.

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

TSE:7991' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.4   Med: 0.72   Max: 1.07
Current: 0.56

During the past years, Mamiya-OP Co's highest Cyclically Adjusted PB Ratio was 1.07. The lowest was 0.40. And the median was 0.72.

TSE:7991's Cyclically Adjusted PB Ratio is ranked better than
87.38% of 2242 companies
in the Industrial Products industry
Industry Median: 2.19 vs TSE:7991: 0.56

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.

Mamiya-OP Co's adjusted book value per share data for the three months ended in Mar. 2026 was 円2,527.740. 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1,893.66 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mamiya-OP Co  (TSE:7991) 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.


Mamiya-OP Co Cyclically Adjusted PB Ratio Related Terms


Mamiya-OP Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Mamiya-OP 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.

Mamiya-OP Co Cyclically Adjusted PB Ratio Chart

Mamiya-OP 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 0.49 0.99 0.98 0.79 0.73

Mamiya-OP Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 0.79 0.75 0.95 0.87 0.73

Mamiya-OP Co Cyclically Adjusted PB Ratio Competitor Comparison

For the Business Equipment & Supplies subindustry, Mamiya-OP 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.


Mamiya-OP Co Cyclically Adjusted PB Ratio vs Industrial Products Industry

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

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


TSE:7991
69GF Score
Mamiya-OP Co Ltd TSE:7991
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mamiya-OP 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.

Mamiya-OP Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1065.00/1893.66
=0.56

* 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.

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

For example, Mamiya-OP 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)
=2527.74/112.7000*112.7000
=2,527.740

Current CPI (Mar. 2026) = 112.7000.

Mamiya-OP Co Quarterly Data

Book Value per Share CPI Adj_Book
201603 1,562.353 97.900 1,798.541
201606 1,501.322 98.100 1,724.760
201609 1,492.955 98.000 1,716.898
201612 1,530.257 98.400 1,752.642
201703 1,564.477 98.100 1,797.315
201706 1,513.748 98.500 1,731.974
201709 1,562.506 98.800 1,782.332
201712 1,568.900 99.400 1,778.823
201803 1,556.101 99.200 1,767.869
201806 1,501.089 99.200 1,705.370
201809 1,528.996 99.900 1,724.903
201812 1,553.209 99.700 1,755.734
201903 1,573.671 99.700 1,778.864
201906 1,537.140 99.800 1,735.828
201909 1,607.853 100.100 1,810.240
201912 1,631.486 100.500 1,829.537
202003 1,597.366 100.300 1,794.847
202006 1,553.583 99.900 1,752.641
202009 1,509.517 99.900 1,702.929
202012 1,438.245 99.300 1,632.328
202103 1,384.102 99.900 1,561.444
202106 1,360.574 99.500 1,541.072
202109 1,368.471 100.100 1,540.726
202112 1,388.097 100.100 1,562.822
202203 1,437.429 101.100 1,602.357
202206 1,428.990 101.800 1,581.996
202209 1,519.150 103.100 1,660.603
202212 1,677.765 104.100 1,816.370
202303 1,896.666 104.400 2,047.455
202306 1,975.610 105.200 2,116.457
202309 2,059.562 106.200 2,185.618
202312 2,012.183 106.800 2,123.343
202403 2,069.737 107.200 2,175.927
202406 2,156.936 108.200 2,246.642
202409 2,346.165 108.900 2,428.033
202503 2,431.044 111.100 2,466.055
202506 2,410.418 111.700 2,431.997
202509 2,522.514 112.000 2,538.280
202512 2,523.800 113.000 2,517.100
202603 2,527.740 112.700 2,527.740

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 0.56 mean?
Mamiya-OP Co (TSE:7991) has a Cyclically Adjusted PB Ratio of 0.56 as of Aug. 11, 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 Mamiya-OP Co and its competitors. This is 22% below median its historical median of 0.72. Over the past decade, Mamiya-OP Co's Cyclically Adjusted PB Ratio has ranged from 0.40 to 1.07. According to the industry distribution chart, Mamiya-OP Co ranks #283 out of 2242 companies in the Industrial Products industry, placing it in the top 12.6%.
Is Mamiya-OP Co's Cyclically Adjusted PB Ratio too high?
Mamiya-OP Co's current Cyclically Adjusted PB Ratio of 0.56 is 22% below median its 10-year median of 0.72. Over the past 10 years, this metric has ranged from a low of 0.40 to a high of 1.07. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.19. Mamiya-OP Co's value of 0.56 is 74.4% below this industry median. Based on the distribution chart, Mamiya-OP Co ranks #283 out of 2242 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Mamiya-OP Co has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mamiya-OP Co's Cyclically Adjusted PB Ratio compare to competitors?
According to the Industrial Products industry distribution chart, Mamiya-OP Co ranks #283 out of 2242 companies for Cyclically Adjusted PB Ratio. This places Mamiya-OP Co in the top 13% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 2.19. Mamiya-OP Co's value of 0.56 is 74.4% below this benchmark. Historically, Mamiya-OP Co's own Cyclically Adjusted PB Ratio has ranged from 0.40 to 1.07 over the past decade. While the company's 10-year median is 0.72 vs. the industry median of 2.19, Mamiya-OP 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 2.19, based on 2,242 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. Mamiya-OP Co's current Cyclically Adjusted PB Ratio of 0.56 is 74.4% 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 Mamiya-OP Co and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mamiya-OP Co's current Cyclically Adjusted PB Ratio is 0.56, which is 22% below median its own 10-year median of 0.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mamiya-OP Co stock overvalued right now?
Based on GuruFocus' analysis, Mamiya-OP Co (TSE:7991) is currently considered Fairly Valued. The stock's GF Value™ is 円1,054.24, compared to a current price of 円1,065.00 — trading 1% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.56, which is 22% below median its 10-year median of 0.72 and 74.4% below the Industrial Products industry median of 2.19. Mamiya-OP Co's overall GF Score™ is 69/100 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 Mamiya-OP Co (TSE:7991), the current Cyclically Adjusted PB Ratio is 0.56 as of Aug. 11, 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 Mamiya-OP Co (TSE:7991) Overvalued in 2026?

Based on GuruFocus' analysis, Mamiya-OP Co stock appears to be overvalued. The current stock price of 円1,065.00 is trading 1% above its estimated GF Value™ of 円1,054.24. GuruFocus considers Mamiya-OP Co to be Fairly Valued.

Key valuation signals for TSE:7991:

  • Cyclically Adjusted PB Ratio: 0.56 (22% below median its 10-year median of 0.72)
  • GF Value™: 円1,054.24 vs. price of 円1,065.00 (1% above fair value)
  • GF Score™: 69/100 with 3 warning signs
  • Industry Position: 74.4% below the Industrial Products median (#283 of 2242)

No single metric tells the full story. See the TSE:7991 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mamiya-OP Co Business Description

Address 1-1 Shinko, Saitama Prefecture, Hanno, JPN, 357-8570
Mamiya-OP Co Ltd manufactures and sells electronic equipment, sports gear, and manages real estate. Its products include pachinko machines, film thickness gauges, ticket vending machines, banknote transport/recognition systems, and waste disposal devices. It also produces golf equipment, shafts, and breaking rods. The company operates through three segments: Electronic Equipment, which develops gaming machines, validators, autonomous systems, and offers installation and maintenance services; Sports, which makes golf gear, archery equipment, and pole vault poles; and Real Estate, which handles property sales, rentals, brokerage, and management.
69GF Score

Get the complete analysis for TSE:7991

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

円1,065.00
Price
円1,054.24
GF Value