TSHMY (Shibaura Machine Co) Cyclically Adjusted PB Ratio: 0.59 (As of Jul. 21, 2026) — 37% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSHMY Shibaura Machine Co Ltd TSHMY
81 GF Score
Price $11.17
GF Value $15.07
Valuation Modestly Undervalued
! 8 Warning Signs
View Full Analysis

What is Shibaura Machine Co Cyclically Adjusted PB Ratio?

Shibaura Machine Co TSHMY 81 Cyclically Adjusted PB Ratio is 0.59 as of Jul. 21, 2026, which is 37% below its 10-year median of 0.94. GuruFocus rates TSHMY with a GF Score™ of 81/100 and a GF Value™ of $15.07 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 2,286 Industrial Products companies, Shibaura Machine Co ranks better than 72.57% on this metric.

As of today (2026-07-21), Shibaura Machine Co's current share price is $11.17. Shibaura Machine Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $18.81. Shibaura Machine Co's Cyclically Adjusted PB Ratio for today is 0.59.

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

TSHMY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.63   Med: 0.94   Max: 1.68
Current: 1.09

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.

TSHMY's Cyclically Adjusted PB Ratio is ranked better than
72.57% of 2286 companies
in the Industrial Products industry
Industry Median: 2.115 vs TSHMY: 1.09

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 $15.795. 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 $18.81 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shibaura Machine Co  (OTCPK:TSHMY) 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 1.05 0.92 1.00 0.91 0.91

Shibaura Machine 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 0.91 0.80 1.04 1.04 0.91

TSHMY 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.


TSHMY
81GF Score
Shibaura Machine Co Ltd TSHMY
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
=11.17/18.81
=0.59

* 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)
=15.795/112.7000*112.7000
=15.795

Current CPI (Mar. 2026) = 112.7000.

Shibaura Machine Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 13.964 98.100 16.042
201609 14.733 98.000 16.943
201612 13.254 98.400 15.180
201703 14.147 98.100 16.252
201706 16.722 98.500 19.133
201709 17.454 98.800 19.910
201712 17.226 99.400 19.531
201803 15.888 99.200 18.050
201806 15.153 99.200 17.215
201809 15.339 99.900 17.304
201812 15.078 99.700 17.044
201903 15.507 99.700 17.529
201906 15.584 99.800 17.598
201909 16.068 100.100 18.091
201912 15.965 100.500 17.903
202003 16.743 100.300 18.813
202006 15.948 99.900 17.991
202009 16.159 99.900 18.229
202012 16.443 99.300 18.662
202103 15.650 99.900 17.655
202106 14.736 99.500 16.691
202109 15.124 100.100 17.028
202112 14.678 100.100 16.526
202203 14.579 101.100 16.252
202206 12.973 101.800 14.362
202209 12.407 103.100 13.562
202212 12.996 104.100 14.070
202303 13.797 104.400 14.894
202306 13.532 105.200 14.497
202309 14.776 106.200 15.680
202312 14.937 106.800 15.762
202403 15.426 107.200 16.217
202406 0.000 108.200 0.000
202409 16.864 108.900 17.452
202412 16.376 110.700 16.672
202503 16.632 111.100 16.872
202506 16.962 111.700 17.114
202509 16.970 112.000 17.076
202512 16.286 113.000 16.243
202603 15.795 112.700 15.795

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 0.59 mean?
Shibaura Machine Co (TSHMY) has a Cyclically Adjusted PB Ratio of 0.59 as of Jul. 21, 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 37% 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 #627 out of 2286 companies in the Industrial Products industry, placing it in the top 27.4%.
Is Shibaura Machine Co's Cyclically Adjusted PB Ratio too high?
Shibaura Machine Co's current Cyclically Adjusted PB Ratio of 0.59 is 37% 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 2.12. Shibaura Machine Co's value of 0.59 is 72.1% below this industry median. Based on the distribution chart, Shibaura Machine Co ranks #627 out of 2286 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Shibaura Machine Co has a GF Score™ of 81/100 and is considered Modestly Undervalued, 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 #627 out of 2286 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 2.12. Shibaura Machine Co's value of 0.59 is 72.1% 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 2.12, 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 2.12, based on 2,286 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 0.59 is 72.1% 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 Shibaura Machine Co and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.12 — 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 0.59, which is 37% 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 (TSHMY) is currently considered Modestly Undervalued. The stock's GF Value™ is $15.07, compared to a current price of $11.17 — trading 25.9% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.59, which is 37% below median its 10-year median of 0.94 and 72.1% below the Industrial Products industry median of 2.12. Shibaura Machine Co's overall GF Score™ is 81/100 with 8 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 (TSHMY), the current Cyclically Adjusted PB Ratio is 0.59 as of Jul. 21, 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 (TSHMY) Overvalued in 2026?

Based on GuruFocus' analysis, Shibaura Machine Co stock appears to be undervalued. The current stock price of $11.17 is trading 25.9% below its estimated GF Value™ of $15.07. GuruFocus considers Shibaura Machine Co to be Modestly Undervalued.

Key valuation signals for TSHMY:

  • Cyclically Adjusted PB Ratio: 0.59 (37% below median its 10-year median of 0.94)
  • GF Value™: $15.07 vs. price of $11.17 (25.9% below fair value)
  • GF Score™: 81/100 with 8 warning signs
  • Industry Position: 72.1% below the Industrial Products median (#627 of 2286)

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


Shibaura Machine Co Business Description

Other Exchanges 6104:JapanTOA:Germany
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.
81GF Score

Get the complete analysis for TSHMY

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

$11.17
Price
$15.07
GF Value