Cyberdyne (HAM:8C4) Cyclically Adjusted Book per Share: €1.23 (As of Mar. 2026)


HAM:8C4 Cyberdyne Inc HAM:8C4
78 GF Score
Price €1.29
GF Value €1.06
Valuation Modestly Overvalued
! 2 Warning Signs
View Full Analysis

What is Cyberdyne Cyclically Adjusted Book per Share?

Cyberdyne HAM:8C4 +3.19% 78 Cyclically Adjusted Book per Share is €1.23 as of Mar. 2026. GuruFocus rates HAM:8C4 with a GF Score™ of 78/100 and a GF Value™ of €1.06 (Modestly Overvalued). The stock has 2 warning signs investors should review.

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.

Cyberdyne's adjusted book value per share for the three months ended in Mar. 2026 was €1.023. 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 €1.23 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Cyberdyne's average Cyclically Adjusted Book Growth Rate was 3.00% 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.

As of today (2026-07-06), Cyberdyne's current stock price is €1.292. Cyberdyne's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €1.23. Cyberdyne's Cyclically Adjusted PB Ratio of today is 1.05.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Cyberdyne was 1.76. The lowest was 0.75. And the median was 0.95.


Cyberdyne  (HAM:8C4) 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.

Cyberdyne's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1.292/1.23
=1.05

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Cyberdyne was 1.76. The lowest was 0.75. And the median was 0.95.


Be Aware

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


Cyberdyne Cyclically Adjusted Book per Share Related Terms


Cyberdyne Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Cyberdyne'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.

Cyberdyne Cyclically Adjusted Book per Share Chart

Cyberdyne Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 1.23

Cyberdyne 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 1.21 1.23

HAM:8C4 vs ABT, SYK, MDT: Cyclically Adjusted Book per Share Comparison

For the Medical Devices subindustry, Cyberdyne'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.


Cyberdyne Cyclically Adjusted PB Ratio vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Cyberdyne's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


HAM:8C4
78GF Score
Cyberdyne Inc HAM:8C4
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cyberdyne 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, Cyberdyne'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)
=1.023/112.7000*112.7000
=1.023

Current CPI (Mar. 2026) = 112.7000.

Cyberdyne Quarterly Data

Book Value per Share CPI Adj_Book
201606 1.834 98.100 2.107
201609 1.893 98.000 2.177
201612 1.761 98.400 2.017
201703 1.801 98.100 2.069
201706 1.715 98.500 1.962
201709 1.612 98.800 1.839
201712 1.591 99.400 1.804
201803 1.625 99.200 1.846
201806 1.649 99.200 1.873
201809 1.608 99.900 1.814
201812 1.641 99.700 1.855
201903 1.636 99.700 1.849
201906 1.689 99.800 1.907
201909 1.738 100.100 1.957
201912 1.702 100.500 1.909
202003 1.730 100.300 1.944
202006 1.694 99.900 1.911
202009 1.661 99.900 1.874
202012 1.619 99.300 1.837
202103 1.572 99.900 1.773
202106 1.524 99.500 1.726
202109 1.555 100.100 1.751
202112 1.561 100.100 1.757
202203 1.545 101.100 1.722
202206 1.438 101.800 1.592
202209 1.439 103.100 1.573
202212 1.418 104.100 1.535
202303 1.393 104.400 1.504
202306 1.315 105.200 1.409
202309 1.250 106.200 1.327
202312 1.243 106.800 1.312
202403 1.185 107.200 1.246
202406 1.141 108.200 1.188
202409 1.207 108.900 1.249
202412 1.190 110.700 1.211
202503 1.163 111.100 1.180
202506 1.130 111.700 1.140
202509 1.081 112.000 1.088
202512 1.033 113.000 1.030
202603 1.023 112.700 1.023

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 €1.23 mean?
Cyberdyne (HAM:8C4) has a Cyclically Adjusted Book per Share of €1.23 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 Cyberdyne and its competitors.
Is Cyberdyne's Cyclically Adjusted Book per Share too high?
Cyberdyne's current Cyclically Adjusted Book per Share is €1.23. Overall, Cyberdyne has a GF Score™ of 78/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Cyberdyne's Cyclically Adjusted Book per Share compare to ABT and SYK?
Cyberdyne's Cyclically Adjusted Book per Share of €1.23 can be compared against companies in the Medical Devices & Instruments 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 Medical Devices & Instruments company?
A good Cyclically Adjusted Book per Share depends on the Medical Devices & Instruments 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 Cyberdyne and its competitors. Cyberdyne's current Cyclically Adjusted Book per Share is €1.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cyberdyne stock overvalued right now?
Based on GuruFocus' analysis, Cyberdyne (HAM:8C4) is currently considered Modestly Overvalued. The stock's GF Value™ is €1.06, compared to a current price of €1.29 — trading 21.9% above its estimated fair value. The current Cyclically Adjusted Book per Share is €1.23. Cyberdyne's overall GF Score™ is 78/100 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 Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For Cyberdyne (HAM:8C4), the current Cyclically Adjusted Book per Share is €1.23 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 Cyberdyne (HAM:8C4) Overvalued in 2026?

Based on GuruFocus' analysis, Cyberdyne stock appears to be overvalued. The current stock price of €1.29 is trading 21.9% above its estimated GF Value™ of €1.06. GuruFocus considers Cyberdyne to be Modestly Overvalued.

Key valuation signals for HAM:8C4:

  • Cyclically Adjusted Book per Share: €1.23
  • GF Value™: €1.06 vs. price of €1.29 (21.9% above fair value)
  • GF Score™: 78/100 with 2 warning signs

No single metric tells the full story. See the HAM:8C4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Cyberdyne Business Description

Address D25-1, Gakuen Minami, Tsukuba-shi, Ibaraki, JPN, 305-0818
Cyberdyne Inc is a Japanese based company engaged in the research and development of medical welfare equipment and systems. It offers equipment and systems for rehabilitation support, body function support for elderly and disabled people, rescue support in disaster sites, entertainments, and heavy labor support in factories. Its products include Hybrid Assistive Limb (HAL) for the lower limb, single joint, lumbar, Table Interface and Cleaning Robots. In addition, it also offers services in respect to medical service and non-medical service which includes HAL therapy under medical service, and Hal fit and Robo care service under non-medical service.
78GF Score

Get the complete analysis for HAM:8C4

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

€1.29
Price
€1.06
GF Value