Hoya (MEX:7741N) Cyclically Adjusted Book per Share: MXN249.23 (As of Jun. 2026)

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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.
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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.

MEX:7741N Hoya Corp MEX:7741N
98 GF Score
Price MXN2,781.88
GF Value MXN2,763.33
Valuation Fairly Valued
! 1 Warning Sign
View Full Analysis

What is Hoya Cyclically Adjusted Book per Share?

Hoya MEX:7741N 98 Cyclically Adjusted Book per Share is MXN249.23 as of Jun. 2026. GuruFocus rates MEX:7741N with a GF Score™ of 98/100 and a GF Value™ of MXN2,763.33 (Fairly Valued). The stock has 1 warning sign 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.

Hoya's adjusted book value per share for the three months ended in Jun. 2026 was MXN329.506. 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 MXN249.23 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Hoya's average Cyclically Adjusted Book Growth Rate was 9.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 10.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 10.60% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 8.60% 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 Hoya was 11.20% per year. The lowest was 5.80% per year. And the median was 8.30% per year.

As of today (2026-08-08), Hoya's current stock price is MXN2781.88. Hoya's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was MXN249.23. Hoya's Cyclically Adjusted PB Ratio of today is 11.16.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Hoya was 13.62. The lowest was 3.86. And the median was 8.74.


Hoya  (MEX:7741N) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2781.88/249.23
=11.16

* 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 Hoya was 13.62. The lowest was 3.86. And the median was 8.74.


Be Aware

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


Hoya Cyclically Adjusted Book per Share Related Terms


Hoya Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Hoya'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.

Hoya Cyclically Adjusted Book per Share Chart

Hoya 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 244.86 239.77 217.87 271.51 186.37

Hoya Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 271.35 231.76 205.66 186.37 249.23

MEX:7741N vs ISRG, BDX, MDLN: Cyclically Adjusted Book per Share Comparison

For the Medical Instruments & Supplies subindustry, Hoya'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.


Hoya Cyclically Adjusted PB Ratio vs Medical Devices & Instruments Industry

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

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


MEX:7741N
98GF Score
Hoya Corp MEX:7741N
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hoya 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, Hoya's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book= Book Value per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=329.506/113.6000*113.6000
=329.506

Current CPI (Jun. 2026) = 113.6000.

Hoya Quarterly Data

Book Value per Share CPI Adj_Book
201609 215.429 98.000 249.722
201612 233.253 98.400 269.284
201703 219.512 98.100 254.195
201706 219.935 98.500 253.651
201709 229.600 98.800 263.994
201712 244.312 99.400 279.214
201803 237.529 99.200 272.009
201806 255.362 99.200 292.431
201809 258.116 99.900 293.513
201812 273.049 99.700 311.117
201903 286.232 99.700 326.138
201906 285.648 99.800 325.146
201909 307.976 100.100 349.511
201912 297.795 100.500 336.612
202003 374.609 100.300 424.283
202006 376.402 99.900 428.021
202009 381.722 99.900 434.070
202012 343.324 99.300 392.765
202103 350.331 99.900 398.374
202106 349.086 99.500 398.554
202109 381.519 100.100 432.973
202112 387.891 100.100 440.204
202203 369.697 101.100 415.406
202206 344.730 101.800 384.689
202209 328.666 103.100 362.138
202212 326.254 104.100 356.027
202303 311.742 104.400 339.214
202306 297.776 105.200 321.553
202309 297.152 106.200 317.858
202312 296.262 106.800 315.125
202403 305.842 107.200 324.101
202406 336.143 108.200 352.919
202409 381.089 108.900 397.536
202412 398.043 110.700 408.471
202503 390.027 111.100 398.803
202506 371.401 111.700 377.718
202509 366.666 112.000 371.904
202512 350.919 113.000 352.782
202603 345.660 112.700 348.420
202606 329.506 113.600 329.506

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 MXN249.23 mean?
Hoya (MEX:7741N) has a Cyclically Adjusted Book per Share of MXN249.23 as of Jun. 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 Hoya and its competitors.
Is Hoya's Cyclically Adjusted Book per Share too high?
Hoya's current Cyclically Adjusted Book per Share is MXN249.23. Overall, Hoya has a GF Score™ of 98/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hoya's Cyclically Adjusted Book per Share compare to ISRG and BDX?
Hoya's Cyclically Adjusted Book per Share of MXN249.23 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 Hoya and its competitors. Hoya's current Cyclically Adjusted Book per Share is MXN249.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hoya stock overvalued right now?
Based on GuruFocus' analysis, Hoya (MEX:7741N) is currently considered Fairly Valued. The stock's GF Value™ is MXN2,763.33, compared to a current price of MXN2,781.88 — trading 0.7% above its estimated fair value. The current Cyclically Adjusted Book per Share is MXN249.23. Hoya's overall GF Score™ is 98/100 with 1 warning sign 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 Hoya (MEX:7741N), the current Cyclically Adjusted Book per Share is MXN249.23 as of Jun. 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 Hoya (MEX:7741N) Overvalued in 2026?

Based on GuruFocus' analysis, Hoya stock appears to be overvalued. The current stock price of MXN2,781.88 is trading 0.7% above its estimated GF Value™ of MXN2,763.33. GuruFocus considers Hoya to be Fairly Valued.

Key valuation signals for MEX:7741N:

  • Cyclically Adjusted Book per Share: MXN249.23
  • GF Value™: MXN2,763.33 vs. price of MXN2,781.88 (0.7% above fair value)
  • GF Score™: 98/100 with 1 warning sign

No single metric tells the full story. See the MEX:7741N stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hoya Business Description

Address 6-10-1, Nishi-Shinjuku, 20th Floor, Nittochi Nishi-Shinjuku Building, Shinjuku-ku, Tokyo, JPN, 160-8347
Founded in 1941 in Tokyo as an optical glass production plant, Hoya is one of the largest eyeglass lens manufacturers in the world. Leveraging its technology know-how in glass manufacturing, Hoya entered the mask blanks business in 1974. Now although its life care business accounts for more than 60% of its total revenue, majority of its profit before tax comes from its higher-margin IT business.
98GF Score

Get the complete analysis for MEX:7741N

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

MXN2,781.88
Price
MXN2,763.33
GF Value