TSHMF (Shibaura Machine Co) Cyclically Adjusted PB Ratio: 0.79 (As of Sep. 16, 2026) — 16% Below Median

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TSHMF Shibaura Machine Co Ltd TSHMF
87 GF Score
Price $26.11
GF Value $21.30
Valuation Modestly Overvalued
! 3 Warning Signs
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What is Shibaura Machine Co Cyclically Adjusted PB Ratio?

Shibaura Machine Co TSHMF +5.49% 87 Cyclically Adjusted PB Ratio is 0.79 as of Sep. 16, 2026, which is 16% below its 10-year median of 0.94. GuruFocus rates TSHMF with a GF Score™ of 87/100 and a GF Value™ of $21.30 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 2,099 Industrial Products companies, Shibaura Machine Co ranks better than 73.89% on this metric.

As of today (2026-09-16), Shibaura Machine Co's current share price is $26.11. Shibaura Machine Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $33.15. Shibaura Machine Co's Cyclically Adjusted PB Ratio for today is 0.79.

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

TSHMF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.63   Med: 0.94   Max: 1.68
Current: 1.02

During the past years, Shibaura Machine Co's highest Cyclically Adjusted PB Ratio was 1.68. The lowest was 0.63. And the median was 0.94.

TSHMF's Cyclically Adjusted PB Ratio is ranked better than
73.89% of 2099 companies
in the Industrial Products industry
Industry Median: 2.08 vs TSHMF: 1.02

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.

Shibaura Machine Co's adjusted book value per share data for the three months ended in Mar. 2026 was $31.510. 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 $33.15 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shibaura Machine Co  (OTCPK:TSHMF) 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.


Shibaura Machine Co Cyclically Adjusted PB Ratio Related Terms


Shibaura Machine Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Shibaura Machine 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.

Shibaura Machine Co Cyclically Adjusted PB Ratio Chart

Shibaura Machine 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 0.14 0.14 0.14 0.13 0.74

Shibaura Machine Co 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 0.13 0.75 0.75 0.75 0.74

TSHMF vs GEV, ETN, PH: Cyclically Adjusted PB Ratio Comparison

For the Specialty Industrial Machinery subindustry, Shibaura Machine 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.


Shibaura Machine Co Cyclically Adjusted PB Ratio vs Industrial Products Industry

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

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


TSHMF
87GF Score
Shibaura Machine Co Ltd TSHMF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shibaura Machine 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.

Shibaura Machine Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=26.11/33.145
=0.79

* 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.

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

For example, Shibaura Machine 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)
=31.51/112.7000*112.7000
=31.510

Current CPI (Mar. 2026) = 112.7000.

Shibaura Machine Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 28.680 98.100 32.948
201609 29.619 98.000 34.062
201612 26.365 98.400 30.196
201703 28.672 98.100 32.939
201706 28.364 98.500 32.453
201709 29.514 98.800 33.666
201712 29.677 99.400 33.648
201803 31.686 99.200 35.998
201806 30.114 99.200 34.212
201809 30.277 99.900 34.156
201812 30.840 99.700 34.861
201903 31.143 99.700 35.204
201906 31.263 99.800 35.304
201909 31.977 100.100 36.002
201912 32.055 100.500 35.946
202003 33.398 100.300 37.527
202006 31.805 99.900 35.880
202009 32.322 99.900 36.463
202012 33.047 99.300 37.507
202103 30.790 99.900 34.735
202106 29.239 99.500 33.118
202109 29.855 100.100 33.613
202112 29.008 100.100 32.659
202203 28.486 101.100 31.754
202206 25.584 101.800 28.323
202209 24.556 103.100 26.842
202212 26.568 104.100 28.763
202303 27.713 104.400 29.916
202306 26.470 105.200 28.357
202309 29.274 106.200 31.066
202312 30.509 106.800 32.194
202403 30.541 107.200 32.108
202406 29.366 108.200 30.587
202409 33.708 108.900 34.884
202412 32.054 110.700 32.633
202503 33.157 111.100 33.635
202506 33.932 111.700 34.236
202509 33.981 112.000 34.193
202512 31.787 113.000 31.703
202603 31.510 112.700 31.510

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 0.79 mean?
Shibaura Machine Co (TSHMF) has a Cyclically Adjusted PB Ratio of 0.79 as of Sep. 16, 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 Shibaura Machine Co and its competitors. This is 16% below median its historical median of 0.94. Over the past decade, Shibaura Machine Co's Cyclically Adjusted PB Ratio has ranged from 0.63 to 1.68. According to the industry distribution chart, Shibaura Machine Co ranks #548 out of 2099 companies in the Industrial Products industry, placing it in the top 26.1%.
Is Shibaura Machine Co's Cyclically Adjusted PB Ratio too high?
Shibaura Machine Co's current Cyclically Adjusted PB Ratio of 0.79 is 16% below median its 10-year median of 0.94. Over the past 10 years, this metric has ranged from a low of 0.63 to a high of 1.68. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.08. Shibaura Machine Co's value of 0.79 is 62% below this industry median. Based on the distribution chart, Shibaura Machine Co ranks #548 out of 2099 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Shibaura Machine Co has a GF Score™ of 87/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shibaura Machine Co's Cyclically Adjusted PB Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Shibaura Machine Co ranks #548 out of 2099 companies for Cyclically Adjusted PB Ratio. This puts Shibaura Machine Co in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.08. Shibaura Machine Co's value of 0.79 is 62% below this benchmark. Historically, Shibaura Machine Co's own Cyclically Adjusted PB Ratio has ranged from 0.63 to 1.68 over the past decade. While the company's 10-year median is 0.94 vs. the industry median of 2.08, Shibaura Machine 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 2.08, 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. Shibaura Machine Co's current Cyclically Adjusted PB Ratio of 0.79 is 62% 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 Shibaura Machine Co and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shibaura Machine Co's current Cyclically Adjusted PB Ratio is 0.79, which is 16% below median its own 10-year median of 0.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shibaura Machine Co stock overvalued right now?
Based on GuruFocus' analysis, Shibaura Machine Co (TSHMF) is currently considered Modestly Overvalued. The stock's GF Value™ is $21.30, compared to a current price of $26.11 — trading 22.6% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.79, which is 16% below median its 10-year median of 0.94 and 62% below the Industrial Products industry median of 2.08. Shibaura Machine Co's overall GF Score™ is 87/100 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 Shibaura Machine Co (TSHMF), the current Cyclically Adjusted PB Ratio is 0.79 as of Sep. 16, 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 Shibaura Machine Co (TSHMF) Overvalued in 2026?

Based on GuruFocus' analysis, Shibaura Machine Co stock appears to be overvalued. The current stock price of $26.11 is trading 22.6% above its estimated GF Value™ of $21.30. GuruFocus considers Shibaura Machine Co to be Modestly Overvalued.

Key valuation signals for TSHMF:

  • Cyclically Adjusted PB Ratio: 0.79 (16% below median its 10-year median of 0.94)
  • GF Value™: $21.30 vs. price of $26.11 (22.6% above fair value)
  • GF Score™: 87/100 with 3 warning signs
  • Industry Position: 62% below the Industrial Products median (#548 of 2099)

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


Shibaura Machine Co Business Description

Address 2068-3 Ooka, Shizuoka Prefecture, Numazu, JPN, 410-8510
Shibaura Machine Co Ltd is engaged in manufacturing and distribution of molding machineries and machine tools. The business of the company is divided into two segments: molding machinery and machine tools. The company's product portfolio comprises injection molding machines, die-casting machines, plastic extrusion, large-size machine tools, portal-type machine tools, machining centers, horizontal boring machines, and high-precision machines, among others. The company's products are used in manufacturing of computers, automobile engines, transmissions, medical products, high-precision lenses, displays, construction machines, and wind power generation. A vast majority of the company's revenue is generated by the molding machinery segment, and the company earns most of its revenue in Japan.
87GF Score

Get the complete analysis for TSHMF

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

$26.11
Price
$21.30
GF Value