Fujiingyo (TSE:9906) Cyclically Adjusted PB Ratio: 1.26 (As of Sep. 08, 2026) — 77% Above Median

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TSE:9906 Fujii Sangyo Corp TSE:9906
83 GF Score
Price 円4,390.00
GF Value 円3,183.36
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Fujiingyo Cyclically Adjusted PB Ratio?

Fujiingyo TSE:9906 -0.34% 83 Cyclically Adjusted PB Ratio is 1.26 as of Sep. 08, 2026, which is 77% above its 10-year median of 0.71. GuruFocus rates TSE:9906 with a GF Score™ of 83/100 and a GF Value™ of 円3,183.36 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 2,099 Industrial Products companies, Fujiingyo ranks better than 67.03% on this metric.

As of today (2026-09-08), Fujiingyo's current share price is 円4390.00. Fujiingyo's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円3,479.48. Fujiingyo's Cyclically Adjusted PB Ratio for today is 1.26.

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

TSE:9906' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.51   Med: 0.71   Max: 1.4
Current: 1.27

During the past years, Fujiingyo's highest Cyclically Adjusted PB Ratio was 1.40. The lowest was 0.51. And the median was 0.71.

TSE:9906's Cyclically Adjusted PB Ratio is ranked better than
67.03% of 2099 companies
in the Industrial Products industry
Industry Median: 2.14 vs TSE:9906: 1.27

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.

Fujiingyo's adjusted book value per share data for the three months ended in Mar. 2026 was 円4,926.097. 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3,479.48 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fujiingyo  (TSE:9906) 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.


Fujiingyo Cyclically Adjusted PB Ratio Related Terms


Fujiingyo Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Fujiingyo'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.

Fujiingyo Cyclically Adjusted PB Ratio Chart

Fujiingyo 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 0.54 0.53 0.91 0.77 1.11

Fujiingyo Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24 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 0.95 1.05 1.26 1.11 0.00

TSE:9906 vs GEV, ETN, PH: Cyclically Adjusted PB Ratio Comparison

For the Specialty Industrial Machinery subindustry, Fujiingyo'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.


Fujiingyo Cyclically Adjusted PB Ratio vs Industrial Products Industry

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

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


TSE:9906
83GF Score
Fujii Sangyo Corp TSE:9906
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fujiingyo 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.

Fujiingyo's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4390.00/3479.48
=1.26

* 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.

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

For example, Fujiingyo'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)
=4926.097/112.7000*112.7000
=4,926.097

Current CPI (Mar. 2026) = 112.7000.

Fujiingyo Quarterly Data

Book Value per Share CPI Adj_Book
201512 2,069.989 98.100 2,378.061
201603 2,196.783 97.900 2,528.881
201606 2,165.032 98.100 2,487.249
201609 2,228.412 98.000 2,562.674
201612 2,285.349 98.400 2,617.468
201703 2,402.078 98.100 2,759.574
201706 2,400.585 98.500 2,746.659
201709 2,488.610 98.800 2,838.728
201712 2,534.665 99.400 2,873.810
201803 2,614.407 99.200 2,970.198
201806 2,594.689 99.200 2,947.797
201809 2,660.238 99.900 3,001.089
201812 2,650.902 99.700 2,996.556
201903 2,741.216 99.700 3,098.646
201906 2,733.784 99.800 3,087.149
201909 2,824.352 100.100 3,179.865
201912 2,871.021 100.500 3,219.543
202003 2,866.987 100.300 3,221.430
202006 2,911.363 99.900 3,284.390
202009 2,985.634 99.900 3,368.178
202012 3,020.555 99.300 3,428.163
202103 3,166.074 99.900 3,571.737
202106 3,167.260 99.500 3,587.439
202109 3,244.912 100.100 3,653.362
202112 3,290.106 100.100 3,704.245
202203 3,382.776 101.100 3,770.909
202206 3,367.938 101.800 3,728.552
202209 3,461.606 103.100 3,783.928
202212 3,532.226 104.100 3,824.033
202303 3,664.997 104.400 3,956.371
202306 3,684.608 105.200 3,947.294
202309 3,818.127 106.200 4,051.817
202312 3,885.039 106.800 4,099.662
202403 4,071.266 107.200 4,280.146
202409 4,153.497 108.900 4,298.431
202503 4,452.406 111.100 4,516.527
202506 4,460.953 111.700 4,500.890
202509 4,644.104 112.000 4,673.130
202512 4,720.948 113.000 4,708.415
202603 4,926.097 112.700 4,926.097

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 1.26 mean?
Fujiingyo (TSE:9906) has a Cyclically Adjusted PB Ratio of 1.26 as of Sep. 08, 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 Fujiingyo and its competitors. This is 77% above median its historical median of 0.71. Over the past decade, Fujiingyo's Cyclically Adjusted PB Ratio has ranged from 0.51 to 1.40. According to the industry distribution chart, Fujiingyo ranks #692 out of 2099 companies in the Industrial Products industry, placing it in the top 33%.
Is Fujiingyo's Cyclically Adjusted PB Ratio too high?
Fujiingyo's current Cyclically Adjusted PB Ratio of 1.26 is 77% above median its 10-year median of 0.71. Over the past 10 years, this metric has ranged from a low of 0.51 to a high of 1.40. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.14. Fujiingyo's value of 1.26 is 41.1% below this industry median. Based on the distribution chart, Fujiingyo ranks #692 out of 2099 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Fujiingyo has a GF Score™ of 83/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Fujiingyo's Cyclically Adjusted PB Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Fujiingyo ranks #692 out of 2099 companies for Cyclically Adjusted PB Ratio. This puts Fujiingyo in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.14. Fujiingyo's value of 1.26 is 41.1% below this benchmark. Historically, Fujiingyo's own Cyclically Adjusted PB Ratio has ranged from 0.51 to 1.40 over the past decade. While the company's 10-year median is 0.71 vs. the industry median of 2.14, Fujiingyo 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 2.14, based on 2,099 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. Fujiingyo's current Cyclically Adjusted PB Ratio of 1.26 is 41.1% 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 Fujiingyo and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fujiingyo's current Cyclically Adjusted PB Ratio is 1.26, which is 77% above median its own 10-year median of 0.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fujiingyo stock overvalued right now?
Based on GuruFocus' analysis, Fujiingyo (TSE:9906) is currently considered Significantly Overvalued. The stock's GF Value™ is 円3,183.36, compared to a current price of 円4,390.00 — trading 37.9% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.26, which is 77% above median its 10-year median of 0.71 and 41.1% below the Industrial Products industry median of 2.14. Fujiingyo's overall GF Score™ is 83/100 with 2 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 Fujiingyo (TSE:9906), the current Cyclically Adjusted PB Ratio is 1.26 as of Sep. 08, 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 Fujiingyo (TSE:9906) Overvalued in 2026?

Based on GuruFocus' analysis, Fujiingyo stock appears to be overvalued. The current stock price of 円4,390.00 is trading 37.9% above its estimated GF Value™ of 円3,183.36. GuruFocus considers Fujiingyo to be Significantly Overvalued.

Key valuation signals for TSE:9906:

  • Cyclically Adjusted PB Ratio: 1.26 (77% above median its 10-year median of 0.71)
  • GF Value™: 円3,183.36 vs. price of 円4,390.00 (37.9% above fair value)
  • GF Score™: 83/100 with 2 warning signs
  • Industry Position: 41.1% below the Industrial Products median (#692 of 2099)

No single metric tells the full story. See the TSE:9906 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fujiingyo Business Description

Address 41-3 Hiraide Kogyo Danchi, Tochigi, Utsunomiya, JPN, 321-0905
Fujii Sangyo Corp along with its subsidiaries is engaged in the Industrial sector. The company's working divisions include Electrical Construction Materials Division, Industrial Systems Division, Construction Division, Renewable Energy Power Generation Division, and Civil Engineering and Construction Machinery Division. It offers its products to public facilities, office buildings, factories, houses, and others.
83GF Score

Get the complete analysis for TSE:9906

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

円4,390.00
Price
円3,183.36
GF Value