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Marufuji Sheet Piling CoTSE:8046 +0.84%68 Cyclically Adjusted PB Ratio is 0.55 as of Aug. 06, 2026, which is 67% above its 10-year median of 0.33. GuruFocus rates TSE:8046 with a GF Score™ of 68/100 and a GF Value™ of 円670.15 (Significantly Overvalued). Among 503 Steel companies, Marufuji Sheet Piling Co ranks better than 69.38% on this metric.
The historical rank and industry rank for Marufuji Sheet Piling Co's Cyclically Adjusted PB Ratio or its related term are showing as below:
TSE:8046'
s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.24 Med: 0.33 Max: 0.69
Current: 0.55
During the past 13 years, Marufuji Sheet Piling Co's highest Cyclically Adjusted PB Ratio was 0.69. The lowest was 0.24. And the median was 0.33.
TSE:8046's Cyclically Adjusted PB Ratio is ranked better than 69.38% of 503
companies
in the Steel industry
Industry Median: 0.9
vs TSE:8046: 0.55
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.
Marufuji Sheet Piling Co's adjusted book value per share data of for the fiscal year that ended in Mar26 was 円1,898.504. 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1,729.33 for the trailing ten years ended in Mar26.
Shiller PE for Stocks: The True Measure of Stock Valuation
Marufuji Sheet Piling Co (TSE:8046) 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.
Marufuji Sheet Piling Co Cyclically Adjusted PB Ratio Related Terms
Marufuji Sheet Piling Co Cyclically Adjusted PB Ratio Historical Data
* Premium members only.
The historical data trend for Marufuji Sheet Piling 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.
Marufuji Sheet Piling Co Cyclically Adjusted PB Ratio Chart
TSE:8046 vs NUE, STLD, RS: Cyclically Adjusted PB Ratio Comparison
For the Steel subindustry, Marufuji Sheet Piling 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.
Marufuji Sheet Piling Co Cyclically Adjusted PB Ratio vs Steel Industry
For the Steel industry and Basic Materials sector, Marufuji Sheet Piling Co's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where Marufuji Sheet Piling Co's Cyclically Adjusted PB Ratio falls into.
Marufuji Sheet Piling 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.
* 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.
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 0.55 mean?
Marufuji Sheet Piling Co (TSE:8046) has a Cyclically Adjusted PB Ratio of 0.55 as of Aug. 06, 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 Marufuji Sheet Piling Co and its competitors. This is 67% above median its historical median of 0.33. Over the past decade, Marufuji Sheet Piling Co's Cyclically Adjusted PB Ratio has ranged from 0.24 to 0.69. According to the industry distribution chart, Marufuji Sheet Piling Co ranks #154 out of 503 companies in the Steel industry, placing it in the top 30.6%.
Is Marufuji Sheet Piling Co's Cyclically Adjusted PB Ratio too high?
Marufuji Sheet Piling Co's current Cyclically Adjusted PB Ratio of 0.55 is 67% above median its 10-year median of 0.33. Over the past 10 years, this metric has ranged from a low of 0.24 to a high of 0.69. The Steel industry median Cyclically Adjusted PB Ratio is 0.90. Marufuji Sheet Piling Co's value of 0.55 is 38.9% below this industry median. Based on the distribution chart, Marufuji Sheet Piling Co ranks #154 out of 503 companies in the Steel industry, which is above the industry midpoint. Overall, Marufuji Sheet Piling Co has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Marufuji Sheet Piling Co's Cyclically Adjusted PB Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Marufuji Sheet Piling Co ranks #154 out of 503 companies for Cyclically Adjusted PB Ratio. This puts Marufuji Sheet Piling Co in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.90. Marufuji Sheet Piling Co's value of 0.55 is 38.9% below this benchmark. Historically, Marufuji Sheet Piling Co's own Cyclically Adjusted PB Ratio has ranged from 0.24 to 0.69 over the past decade. While the company's 10-year median is 0.33 vs. the industry median of 0.90, Marufuji Sheet Piling 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 a Steel company?
The median Cyclically Adjusted PB Ratio among Steel companies is 0.90, based on 503 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. Marufuji Sheet Piling Co's current Cyclically Adjusted PB Ratio of 0.55 is 38.9% 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 Marufuji Sheet Piling Co and its competitors. For the Steel industry, the median Cyclically Adjusted PB Ratio is 0.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Marufuji Sheet Piling Co's current Cyclically Adjusted PB Ratio is 0.55, which is 67% above median its own 10-year median of 0.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Marufuji Sheet Piling Co stock overvalued right now?
Based on GuruFocus' analysis, Marufuji Sheet Piling Co (TSE:8046) is currently considered Significantly Overvalued. The stock's GF Value™ is 円670.15, compared to a current price of 円956.00 — trading 42.7% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.55, which is 67% above median its 10-year median of 0.33 and 38.9% below the Steel industry median of 0.90. Marufuji Sheet Piling Co's overall GF Score™ is 68/100. 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 Marufuji Sheet Piling Co (TSE:8046), the current Cyclically Adjusted PB Ratio is 0.55 as of Aug. 06, 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 Marufuji Sheet Piling Co (TSE:8046) Overvalued in 2026?
Based on GuruFocus' analysis, Marufuji Sheet Piling Co stock appears to be overvalued.
The current stock price of 円956.00 is trading 42.7% above its estimated GF Value™ of 円670.15.
GuruFocus considers Marufuji Sheet Piling Co to be Significantly Overvalued.
Key valuation signals for TSE:8046:
Cyclically Adjusted PB Ratio: 0.55 (67% above median its 10-year median of 0.33)
GF Value™: 円670.15 vs. price of 円956.00 (42.7% above fair value)
Industry Position: 38.9% below the Steel median (#154 of 503)
No single metric tells the full story. See the TSE:8046 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Marufuji Sheet Piling Co Ltd engages in the manufacture and sale of steel sheet piles, steel plates, and other steel products that include H-shaped steel, architectural steel processed products and reinforced soil wall products. The company offers sheet piles, lightweight steel sheet piles, and corner piles; H shape steel products; steel mountain abstraction products; steel retaining materials; gantry/pier related products; lining plates; and other steel products. It also provides temporary bridges, hat chucks, liner plates, simple holding products, guardrails, PC-ATM products, and two-tone bags, as well as various anchor type reinforced earth products.
68GF Score
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