Sato Shoji (TSE:8065) Cyclically Adjusted PB Ratio: 1.29 (As of Aug. 04, 2026) — 102% Above Median

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TSE:8065 Sato Shoji Corp TSE:8065
67 GF Score
Price 円3,415.00
GF Value 円1,658.02
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Sato Shoji Cyclically Adjusted PB Ratio?

Sato Shoji TSE:8065 -1.44% 67 Cyclically Adjusted PB Ratio is 1.29 as of Aug. 04, 2026, which is 102% above its 10-year median of 0.64. GuruFocus rates TSE:8065 with a GF Score™ of 67/100 and a GF Value™ of 円1,658.02 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 504 Steel companies, Sato Shoji ranks worse than 61.51% on this metric.

As of today (2026-08-04), Sato Shoji's current share price is 円3415.00. Sato Shoji's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円2,651.58. Sato Shoji's Cyclically Adjusted PB Ratio for today is 1.29.

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

TSE:8065' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.4   Med: 0.64   Max: 1.31
Current: 1.31

During the past years, Sato Shoji's highest Cyclically Adjusted PB Ratio was 1.31. The lowest was 0.40. And the median was 0.64.

TSE:8065's Cyclically Adjusted PB Ratio is ranked worse than
61.51% of 504 companies
in the Steel industry
Industry Median: 0.9 vs TSE:8065: 1.31

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.

Sato Shoji's adjusted book value per share data for the three months ended in Mar. 2026 was 円3,714.520. 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2,651.58 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sato Shoji  (TSE:8065) 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.


Sato Shoji Cyclically Adjusted PB Ratio Related Terms


Sato Shoji Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Sato Shoji'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.

Sato Shoji Cyclically Adjusted PB Ratio Chart

Sato Shoji 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 0.62 0.69 0.79 0.60 0.89

Sato Shoji 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 0.61 0.77 0.86 0.89 0.00

TSE:8065 vs NUE, STLD, RS: Cyclically Adjusted PB Ratio Comparison

For the Steel subindustry, Sato Shoji'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.


Sato Shoji Cyclically Adjusted PB Ratio vs Steel Industry

For the Steel industry and Basic Materials sector, Sato Shoji's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TSE:8065
67GF Score
Sato Shoji Corp TSE:8065
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sato Shoji 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.

Sato Shoji's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3415.00/2651.58
=1.29

* 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.

Sato Shoji's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Sato Shoji'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)
=3714.52/112.7000*112.7000
=3,714.520

Current CPI (Mar. 2026) = 112.7000.

Sato Shoji Quarterly Data

Book Value per Share CPI Adj_Book
201606 1,649.556 98.100 1,895.056
201609 1,694.922 98.000 1,949.160
201612 1,803.089 98.400 2,065.123
201703 1,861.699 98.100 2,138.771
201706 1,909.424 98.500 2,184.691
201709 1,980.830 98.800 2,259.510
201712 2,057.277 99.400 2,332.546
201803 2,034.664 99.200 2,311.559
201806 2,022.006 99.200 2,297.178
201809 2,098.000 99.900 2,366.813
201812 2,003.310 99.700 2,264.524
201903 2,059.800 99.700 2,328.380
201906 2,028.933 99.800 2,291.190
201909 2,059.409 100.100 2,318.635
201912 2,131.298 100.500 2,390.023
202003 2,011.548 100.300 2,260.234
202006 2,046.284 99.900 2,308.471
202009 2,068.588 99.900 2,333.632
202012 2,113.895 99.300 2,399.154
202103 2,216.550 99.900 2,500.552
202106 2,269.280 99.500 2,570.330
202109 2,314.255 100.100 2,605.560
202112 2,336.458 100.100 2,630.558
202203 2,417.308 101.100 2,694.665
202206 2,413.478 101.800 2,671.896
202209 2,463.183 103.100 2,692.539
202212 2,494.254 104.100 2,700.311
202303 2,661.652 104.400 2,873.258
202306 2,762.621 105.200 2,959.576
202309 2,873.385 106.200 3,049.251
202312 2,920.842 106.800 3,082.199
202403 3,099.125 107.200 3,258.129
202406 3,118.983 108.200 3,248.700
202409 3,108.193 108.900 3,216.652
202412 3,216.287 110.700 3,274.395
202503 3,261.031 111.100 3,307.995
202506 3,267.616 111.700 3,296.870
202509 3,414.957 112.000 3,436.300
202512 3,593.703 113.000 3,584.162
202603 3,714.520 112.700 3,714.520

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 1.29 mean?
Sato Shoji (TSE:8065) has a Cyclically Adjusted PB Ratio of 1.29 as of Aug. 04, 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 Sato Shoji and its competitors. This is 102% above median its historical median of 0.64. Over the past decade, Sato Shoji's Cyclically Adjusted PB Ratio has ranged from 0.40 to 1.31. According to the industry distribution chart, Sato Shoji ranks #310 out of 504 companies in the Steel industry, placing it in the top 61.5%.
Is Sato Shoji's Cyclically Adjusted PB Ratio too high?
Sato Shoji's current Cyclically Adjusted PB Ratio of 1.29 is 102% above median its 10-year median of 0.64. Over the past 10 years, this metric has ranged from a low of 0.40 to a high of 1.31. The Steel industry median Cyclically Adjusted PB Ratio is 0.90. Sato Shoji's value of 1.29 is 43.3% above this industry median. Based on the distribution chart, Sato Shoji ranks #310 out of 504 companies in the Steel industry, which is below the industry midpoint. Overall, Sato Shoji has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sato Shoji's Cyclically Adjusted PB Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Sato Shoji ranks #310 out of 504 companies for Cyclically Adjusted PB Ratio. This places Sato Shoji in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.90. Sato Shoji's value of 1.29 is 43.3% above this benchmark. Historically, Sato Shoji's own Cyclically Adjusted PB Ratio has ranged from 0.40 to 1.31 over the past decade. While the company's 10-year median is 0.64 vs. the industry median of 0.90, Sato Shoji 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 Steel company?
The median Cyclically Adjusted PB Ratio among Steel companies is 0.90, based on 504 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. Sato Shoji's current Cyclically Adjusted PB Ratio of 1.29 is 43.3% 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 Sato Shoji 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. Sato Shoji's current Cyclically Adjusted PB Ratio is 1.29, which is 102% above median its own 10-year median of 0.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sato Shoji stock overvalued right now?
Based on GuruFocus' analysis, Sato Shoji (TSE:8065) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,658.02, compared to a current price of 円3,415.00 — trading 106% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.29, which is 102% above median its 10-year median of 0.64 and 43.3% above the Steel industry median of 0.90. Sato Shoji's overall GF Score™ is 67/100 with 7 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 Sato Shoji (TSE:8065), the current Cyclically Adjusted PB Ratio is 1.29 as of Aug. 04, 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 Sato Shoji (TSE:8065) Overvalued in 2026?

Based on GuruFocus' analysis, Sato Shoji stock appears to be overvalued. The current stock price of 円3,415.00 is trading 106% above its estimated GF Value™ of 円1,658.02. GuruFocus considers Sato Shoji to be Significantly Overvalued.

Key valuation signals for TSE:8065:

  • Cyclically Adjusted PB Ratio: 1.29 (102% above median its 10-year median of 0.64)
  • GF Value™: 円1,658.02 vs. price of 円3,415.00 (106% above fair value)
  • GF Score™: 67/100 with 7 warning signs
  • Industry Position: 43.3% above the Steel median (#310 of 504)

No single metric tells the full story. See the TSE:8065 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sato Shoji Business Description

Other Exchanges TI2:Germany
Address 1-8-1 Marunouchi, 16th Floor, Marunouchi Trust Tower N, Chiyoda-ku, Tokyo, JPN, 100-8285
Sato Shoji Corp is a Japanese trading company mainly focused on metals and industrial metals. Along with its subsidiaries, the company operates in the following reportable segments: Iron and Steel, Nonferrous Metals, Electronics, Life Sales, Machinery and Tools, and Business Development. The majority of its revenue is generated from the Iron and Steel business segment, which sells hot-rolled steel sheets, pickled steel sheets, cold-rolled steel sheets, surface-treated steel sheets, steel bars, bar steel, special steel such as structural carbon steel, structural alloy steel, tool steel, and construction materials and equipment mainly to the automobile, construction machinery, bridge, construction, electrical equipment, shipbuilding, and mold industries.
67GF Score

Get the complete analysis for TSE:8065

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

円3,415.00
Price
円1,658.02
GF Value