Yamaha (MEX:7951N) Cyclically Adjusted Book per Share: MXN268.21 (As of Jun. 2026)

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MEX:7951N Yamaha Corp MEX:7951N
79 GF Score
Price MXN343.33
GF Value MXN320.30
! 6 Warning Signs
View Full Analysis

What is Yamaha Cyclically Adjusted Book per Share?

Yamaha MEX:7951N 79 Cyclically Adjusted Book per Share is MXN268.21 as of Jun. 2026. GuruFocus rates MEX:7951N with a GF Score™ of 79/100 and a GF Value™ of MXN320.30. The stock has 6 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.

Yamaha's adjusted book value per share for the three months ended in Jun. 2026 was MXN121.668. 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 MXN268.21 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Yamaha'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 8.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 9.10% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 6.90% 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 Yamaha was 10.00% per year. The lowest was 4.40% per year. And the median was 6.55% per year.

As of today (2026-08-21), Yamaha's current stock price is MXN343.33333. Yamaha's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was MXN268.21. Yamaha's Cyclically Adjusted PB Ratio of today is 1.28.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Yamaha was 4.25. The lowest was 1.14. And the median was 2.71.


Yamaha  (MEX:7951N) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=343.33333/268.21
=1.28

* 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 Yamaha was 4.25. The lowest was 1.14. And the median was 2.71.


Be Aware

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


Yamaha Cyclically Adjusted Book per Share Related Terms


Yamaha Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Yamaha'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.

Yamaha Cyclically Adjusted Book per Share Chart

Yamaha 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 119.10 139.04 239.06 244.61 271.64

Yamaha 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 275.32 295.47 271.26 271.64 268.21

MEX:7951N vs AS, HAS, LTH: Cyclically Adjusted Book per Share Comparison

For the Leisure subindustry, Yamaha'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.


Yamaha Cyclically Adjusted PB Ratio vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Yamaha's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


MEX:7951N
79GF Score
Yamaha Corp MEX:7951N
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Yamaha 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, Yamaha'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)
=121.668/113.6000*113.6000
=121.668

Current CPI (Jun. 2026) = 113.6000.

Yamaha Quarterly Data

Book Value per Share CPI Adj_Book
201609 105.561 98.000 122.365
201612 110.954 98.400 128.093
201703 108.277 98.100 125.385
201706 109.883 98.500 126.728
201709 118.819 98.800 136.618
201712 130.761 99.400 149.441
201803 115.088 99.200 131.794
201806 129.502 99.200 148.301
201809 128.558 99.900 146.188
201812 127.941 99.700 145.778
201903 115.921 99.700 132.083
201906 113.332 99.800 129.003
201909 121.387 100.100 137.758
201912 118.861 100.500 134.354
202003 134.358 100.300 152.174
202006 134.285 99.900 152.700
202009 133.694 99.900 152.028
202012 131.203 99.300 150.097
202103 141.185 99.900 160.547
202106 142.265 99.500 162.425
202109 143.901 100.100 163.308
202112 138.566 100.100 157.254
202203 135.641 101.100 152.412
202206 125.218 101.800 139.732
202209 122.094 103.100 134.528
202212 123.679 104.100 134.966
202303 120.483 104.400 131.100
202306 113.588 105.200 122.658
202309 113.738 106.200 121.663
202312 112.179 106.800 119.321
202403 113.572 107.200 120.352
202406 123.856 108.200 130.037
202409 135.686 108.900 141.542
202412 139.459 110.700 143.112
202503 135.962 111.100 139.021
202506 127.739 111.700 129.912
202509 125.890 112.000 127.688
202512 122.741 113.000 123.393
202603 123.573 112.700 124.560
202606 121.668 113.600 121.668

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 MXN268.21 mean?
Yamaha (MEX:7951N) has a Cyclically Adjusted Book per Share of MXN268.21 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 Yamaha and its competitors.
Is Yamaha's Cyclically Adjusted Book per Share too high?
Yamaha's current Cyclically Adjusted Book per Share is MXN268.21. Overall, Yamaha has a GF Score™ of 79/100, reflecting its overall financial health beyond just this single metric.
How does Yamaha's Cyclically Adjusted Book per Share compare to AS and HAS?
Yamaha's Cyclically Adjusted Book per Share of MXN268.21 can be compared against companies in the Travel & Leisure 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 Travel & Leisure company?
A good Cyclically Adjusted Book per Share depends on the Travel & Leisure 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 Yamaha and its competitors. Yamaha's current Cyclically Adjusted Book per Share is MXN268.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Yamaha stock overvalued right now?
Yamaha (MEX:7951N) has a current Cyclically Adjusted Book per Share of MXN268.21. The stock's GF Value™ is MXN320.30, compared to a current price of MXN343.33 — trading 7.2% above its estimated fair value. The current Cyclically Adjusted Book per Share is MXN268.21. Yamaha's overall GF Score™ is 79/100 with 6 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 Yamaha (MEX:7951N), the current Cyclically Adjusted Book per Share is MXN268.21 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 Yamaha (MEX:7951N) Overvalued in 2026?

Based on GuruFocus' analysis, Yamaha stock appears to be overvalued. The current stock price of MXN343.33 is trading 7.2% above its estimated GF Value™ of MXN320.30.

Key valuation signals for MEX:7951N:

  • Cyclically Adjusted Book per Share: MXN268.21
  • GF Value™: MXN320.30 vs. price of MXN343.33 (7.2% above fair value)
  • GF Score™: 79/100 with 6 warning signs

No single metric tells the full story. See the MEX:7951N stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Yamaha Business Description

Address 10-1, Nakazawa-cho, Chuo-ku, Shizuoka, Hamamatsu, JPN, 430-8650
Yamaha Corp is a Japanese manufacturer of musical instruments and audio equipment. The company operates through two business segments. The Musical Instruments segment is engaged in the manufacture and sale of pianos, electronic musical instruments, orchestral instruments, percussion instruments, and other related products. The Audio Equipment segment manufactures and sells audio equipment, professional audio systems, and information and communication equipment (ICT devices). The Company is also involved in components and equipment, including electronic devices, automotive interiors, and factory automation (FA) equipment, along with businesses in golf goods and resorts. It generates the majority of its revenue from the Musical instruments segment.
79GF Score

Get the complete analysis for MEX:7951N

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

MXN343.33
Price
MXN320.30
GF Value