Mito Securities Co (TSE:8622) Cyclically Adjusted PB Ratio: 1.29 (As of Aug. 09, 2026) — 126% Above Median

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TSE:8622 Mito Securities Co Ltd TSE:8622
69 GF Score
Price 円849.00
GF Value 円675.33
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Mito Securities Co Cyclically Adjusted PB Ratio?

Mito Securities Co TSE:8622 -1.05% 69 Cyclically Adjusted PB Ratio is 1.29 as of Aug. 09, 2026, which is 126% above its 10-year median of 0.57. GuruFocus rates TSE:8622 with a GF Score™ of 69/100 and a GF Value™ of 円675.33 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 607 Capital Markets companies, Mito Securities Co ranks worse than 50.58% on this metric.

As of today (2026-08-09), Mito Securities Co's current share price is 円849.00. Mito Securities Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円656.39. Mito Securities Co's Cyclically Adjusted PB Ratio for today is 1.29.

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

TSE:8622' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.3   Med: 0.57   Max: 1.29
Current: 1.29

During the past years, Mito Securities Co's highest Cyclically Adjusted PB Ratio was 1.29. The lowest was 0.30. And the median was 0.57.

TSE:8622's Cyclically Adjusted PB Ratio is ranked worse than
50.58% of 607 companies
in the Capital Markets industry
Industry Median: 1.27 vs TSE:8622: 1.29

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.

Mito Securities Co's adjusted book value per share data for the three months ended in Mar. 2026 was 円710.164. 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656.39 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mito Securities Co  (TSE:8622) 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.


Mito Securities Co Cyclically Adjusted PB Ratio Related Terms


Mito Securities Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Mito Securities 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.

Mito Securities Co Cyclically Adjusted PB Ratio Chart

Mito Securities 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 0.50 0.49 0.81 0.82 1.03

Mito Securities 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 0.82 0.88 0.85 0.84 1.03

TSE:8622 vs MS, GS, SCHW: Cyclically Adjusted PB Ratio Comparison

For the Capital Markets subindustry, Mito Securities 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.


Mito Securities Co Cyclically Adjusted PB Ratio vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Mito Securities Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TSE:8622
69GF Score
Mito Securities Co Ltd TSE:8622
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mito Securities 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.

Mito Securities Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=849.00/656.39
=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.

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

For example, Mito Securities 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)
=710.164/112.7000*112.7000
=710.164

Current CPI (Mar. 2026) = 112.7000.

Mito Securities Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 505.849 98.100 581.133
201609 515.649 98.000 592.996
201612 534.139 98.400 611.763
201703 538.675 98.100 618.845
201706 557.799 98.500 638.213
201709 564.069 98.800 643.427
201712 580.149 99.400 657.775
201803 580.422 99.200 659.411
201806 568.596 99.200 645.975
201809 568.394 99.900 641.221
201812 548.391 99.700 619.896
201903 548.075 99.700 619.539
201906 540.445 99.800 610.302
201909 552.581 100.100 622.137
201912 571.170 100.500 640.506
202003 568.291 100.300 638.548
202006 588.265 99.900 663.638
202009 608.705 99.900 686.697
202012 604.552 99.300 686.133
202103 617.531 99.900 696.654
202106 605.711 99.500 686.067
202109 621.932 100.100 700.217
202112 612.943 100.100 690.097
202203 611.782 101.100 681.977
202206 604.031 101.800 668.706
202209 608.243 103.100 664.879
202212 607.366 104.100 657.542
202303 603.763 104.400 651.763
202306 604.738 105.200 647.851
202309 620.273 106.200 658.237
202312 618.583 106.800 652.756
202403 662.592 107.200 696.587
202406 659.539 108.200 686.969
202409 661.108 108.900 684.177
202412 658.572 110.700 670.470
202503 655.313 111.100 664.750
202506 644.271 111.700 650.039
202509 672.610 112.000 676.814
202512 682.472 113.000 680.660
202603 710.164 112.700 710.164

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?
Mito Securities Co (TSE:8622) has a Cyclically Adjusted PB Ratio of 1.29 as of Aug. 09, 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 Mito Securities Co and its competitors. This is 126% above median its historical median of 0.57. Over the past decade, Mito Securities Co's Cyclically Adjusted PB Ratio has ranged from 0.30 to 1.29. According to the industry distribution chart, Mito Securities Co ranks #307 out of 607 companies in the Capital Markets industry, placing it in the top 50.6%.
Is Mito Securities Co's Cyclically Adjusted PB Ratio too high?
Mito Securities Co's current Cyclically Adjusted PB Ratio of 1.29 is 126% above median its 10-year median of 0.57. Over the past 10 years, this metric has ranged from a low of 0.30 to a high of 1.29. The Capital Markets industry median Cyclically Adjusted PB Ratio is 1.27. Mito Securities Co's value of 1.29 is 1.6% above this industry median. Based on the distribution chart, Mito Securities Co ranks #307 out of 607 companies in the Capital Markets industry, which is below the industry midpoint. Overall, Mito Securities Co has a GF Score™ of 69/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mito Securities Co's Cyclically Adjusted PB Ratio compare to MS and GS?
According to the Capital Markets industry distribution chart, Mito Securities Co ranks #307 out of 607 companies for Cyclically Adjusted PB Ratio. This places Mito Securities Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.27. Mito Securities Co's value of 1.29 is 1.6% above this benchmark. Historically, Mito Securities Co's own Cyclically Adjusted PB Ratio has ranged from 0.30 to 1.29 over the past decade. While the company's 10-year median is 0.57 vs. the industry median of 1.27, Mito Securities Co 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 Capital Markets company?
The median Cyclically Adjusted PB Ratio among Capital Markets companies is 1.27, based on 607 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. Mito Securities Co's current Cyclically Adjusted PB Ratio of 1.29 is 1.6% 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 Mito Securities Co and its competitors. For the Capital Markets industry, the median Cyclically Adjusted PB Ratio is 1.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mito Securities Co's current Cyclically Adjusted PB Ratio is 1.29, which is 126% above median its own 10-year median of 0.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mito Securities Co stock overvalued right now?
Based on GuruFocus' analysis, Mito Securities Co (TSE:8622) is currently considered Modestly Overvalued. The stock's GF Value™ is 円675.33, compared to a current price of 円849.00 — trading 25.7% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.29, which is 126% above median its 10-year median of 0.57 and 1.6% above the Capital Markets industry median of 1.27. Mito Securities Co's overall GF Score™ is 69/100 with 5 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 Mito Securities Co (TSE:8622), the current Cyclically Adjusted PB Ratio is 1.29 as of Aug. 09, 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 Mito Securities Co (TSE:8622) Overvalued in 2026?

Based on GuruFocus' analysis, Mito Securities Co stock appears to be overvalued. The current stock price of 円849.00 is trading 25.7% above its estimated GF Value™ of 円675.33. GuruFocus considers Mito Securities Co to be Modestly Overvalued.

Key valuation signals for TSE:8622:

  • Cyclically Adjusted PB Ratio: 1.29 (126% above median its 10-year median of 0.57)
  • GF Value™: 円675.33 vs. price of 円849.00 (25.7% above fair value)
  • GF Score™: 69/100 with 5 warning signs
  • Industry Position: 1.6% above the Capital Markets median (#307 of 607)

No single metric tells the full story. See the TSE:8622 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mito Securities Co Business Description

Address 2-3-10,Nihonbashi, Chuo-ku, Tokyo, JPN, 1030027
Mito Securities Co Ltd is a Japan-based company mainly engaged in the securities business. The company is involved in the purchase and sale of marketable securities, underwriting, sale, and offering of marketable securities. In addition, it also provides the variety of customized products such as fund wrap, investment trust, mutual fund, bonds, stocks and much more.
69GF Score

Get the complete analysis for TSE:8622

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

円849.00
Price
円675.33
GF Value