Hamamatsu Photonics KK (FRA:0F4) Cyclically Adjusted Book per Share: €0.00 (As of Mar. 2026)


FRA:0F4 Hamamatsu Photonics KK FRA:0F4
28 GF Score
Price €14.30
GF Value €11.69
Valuation Modestly Overvalued
! 9 Warning Signs
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What is Hamamatsu Photonics KK Cyclically Adjusted Book per Share?

Hamamatsu Photonics KK FRA:0F4 +0.70% 28 Cyclically Adjusted Book per Share is €0.00 as of Mar. 2026. GuruFocus rates FRA:0F4 with a GF Score™ of 28/100 and a GF Value™ of €11.69 (Modestly Overvalued). The stock has 9 warning signs investors should review.

Note: As Cyclically Adjusted Book per Share is a main component used to calculate Cyclically Adjusted PB Ratio. If the month end stock price for this stock is zero, result may not be accurate due to the exchange rate between different shares and the data will not be stored into our database. Selected historical data showed in the calculation section below is only for demostration purpose.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

Hamamatsu Photonics KK's adjusted book value per share for the three months ended in Mar. 2026 was €1,103.680. 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 €0.00 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Hamamatsu Photonics KK's average Cyclically Adjusted Book Growth Rate was 6.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 9.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 9.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Hamamatsu Photonics KK was 9.90% per year. The lowest was 5.30% per year. And the median was 7.75% per year.

As of today (2026-06-24), Hamamatsu Photonics KK's current stock price is €14.30. Hamamatsu Photonics KK's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €0.00. Hamamatsu Photonics KK's Cyclically Adjusted PB Ratio of today is .

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Hamamatsu Photonics KK was 6.35. The lowest was 1.45. And the median was 4.25.


Hamamatsu Photonics KK  (FRA:0F4) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Hamamatsu Photonics KK was 6.35. The lowest was 1.45. And the median was 4.25.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Hamamatsu Photonics KK Cyclically Adjusted Book per Share Related Terms


Hamamatsu Photonics KK Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Hamamatsu Photonics KK's Cyclically Adjusted Book per Share 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.

Hamamatsu Photonics KK Cyclically Adjusted Book per Share Chart

Hamamatsu Photonics KK Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Cyclically Adjusted Book per Share
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Hamamatsu Photonics KK Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted Book per Share 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 0.00 0.00 0.00 0.00 0.00

FRA:0F4 vs : Cyclically Adjusted Book per Share Comparison

For the Electronic Components subindustry, Hamamatsu Photonics KK'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.


Hamamatsu Photonics KK Cyclically Adjusted PB Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Hamamatsu Photonics KK's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FRA:0F4
28GF Score
Hamamatsu Photonics KK FRA:0F4
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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Hamamatsu Photonics KK Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Hamamatsu Photonics KK'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)
=1103.68/330.2130*330.2130
=1,103.680

Current CPI (Mar. 2026) = 330.2130.

Hamamatsu Photonics KK Quarterly Data

Book Value per Share CPI Adj_Book
201606 536.690 241.018 735.306
201609 537.654 241.428 735.376
201612 551.025 241.432 753.652
201703 568.302 243.801 769.729
201706 574.741 244.955 774.783
201709 594.145 246.819 794.892
201712 588.940 246.524 788.871
201803 593.612 249.554 785.475
201806 612.745 251.989 802.957
201809 624.416 252.439 816.792
201812 624.361 251.233 820.641
201903 642.892 254.202 835.128
201906 644.319 256.143 830.640
201909 655.553 256.759 843.095
201912 661.358 256.974 849.849
202003 675.096 258.115 863.667
202006 674.302 257.797 863.716
202009 686.894 260.280 871.451
202012 689.769 260.474 874.447
202103 720.122 264.877 897.751
202106 737.635 271.696 896.504
202109 763.818 274.310 919.480
202112 780.711 278.802 924.674
202203 832.823 287.504 956.540
202206 868.163 296.311 967.493
202209 905.979 296.808 1,007.945
202212 911.601 296.797 1,014.237
202303 949.774 301.836 1,039.067
202306 980.769 305.109 1,061.465
202309 1,028.870 307.789 1,103.828
202312 1,032.421 306.746 1,111.404
202403 1,069.168 312.332 1,130.378
202406 1,085.646 314.175 1,141.066
202409 1,069.633 315.301 1,120.221
202412 1,055.059 315.605 1,103.893
202503 1,064.255 319.799 1,098.912
202506 1,042.874 322.561 1,067.614
202509 1,076.178 324.800 1,094.113
202512 1,082.102 324.054 1,102.669
202603 1,103.680 330.213 1,103.680

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

What does a Cyclically Adjusted Book per Share of €0.00 mean?
Hamamatsu Photonics KK (FRA:0F4) has a Cyclically Adjusted Book per Share of €0.00 as of Mar. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Hamamatsu Photonics KK and its competitors.
Is Hamamatsu Photonics KK's Cyclically Adjusted Book per Share too high?
Hamamatsu Photonics KK's current Cyclically Adjusted Book per Share is €0.00. Overall, Hamamatsu Photonics KK has a GF Score™ of 28/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hamamatsu Photonics KK's Cyclically Adjusted Book per Share compare to ?
Hamamatsu Photonics KK's Cyclically Adjusted Book per Share of €0.00 can be compared against companies in the Hardware industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for a Hardware company?
A good Cyclically Adjusted Book per Share depends on the Hardware industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Hamamatsu Photonics KK and its competitors. Hamamatsu Photonics KK's current Cyclically Adjusted Book per Share is €0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hamamatsu Photonics KK stock overvalued right now?
Based on GuruFocus' analysis, Hamamatsu Photonics KK (FRA:0F4) is currently considered Modestly Overvalued. The stock's GF Value™ is €11.69, compared to a current price of €14.30 — trading 22.3% above its estimated fair value. The current Cyclically Adjusted Book per Share is €0.00. Hamamatsu Photonics KK's overall GF Score™ is 28/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For Hamamatsu Photonics KK (FRA:0F4), the current Cyclically Adjusted Book per Share is €0.00 as of Mar. 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 Hamamatsu Photonics KK (FRA:0F4) Overvalued in 2026?

Based on GuruFocus' analysis, Hamamatsu Photonics KK stock appears to be overvalued. The current stock price of €14.30 is trading 22.3% above its estimated GF Value™ of €11.69. GuruFocus considers Hamamatsu Photonics KK to be Modestly Overvalued.

Key valuation signals for FRA:0F4:

  • Cyclically Adjusted Book per Share: €0.00
  • GF Value™: €11.69 vs. price of €14.30 (22.3% above fair value)
  • GF Score™: 28/100 with 9 warning signs

No single metric tells the full story. See the FRA:0F4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hamamatsu Photonics KK Business Description

Comparable Companies
Address 1126-1 Ichino-cho, Chuo-ku, Hamamatsu, JPN, 435-8558
Hamamatsu Photonics KK is a Japan-based company engaged in the development, manufacture, and sale of optical and electronic devices. The company operates through four reportable segments: Electron Tube, Optical Semiconductor, Imaging and Measuring Instruments, and Laser Businesses. Its products include photomultiplier tubes, optical semiconductor components, imaging and measuring instruments, and laser-related products.
28GF Score

Get the complete analysis for FRA:0F4

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

€14.30
Price
€11.69
GF Value