OKAMF (Okamura) Cyclically Adjusted Book per Share: $6.26 (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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OKAMF Okamura Corp OKAMF
88 GF Score
Price $13.84
GF Value $9.78
Valuation Significantly Overvalued
! 1 Warning Sign
View Full Analysis

What is Okamura Cyclically Adjusted Book per Share?

Okamura OKAMF 88 Cyclically Adjusted Book per Share is $6.26 as of Mar. 2026. GuruFocus rates OKAMF with a GF Score™ of 88/100 and a GF Value™ of $9.78 (Significantly Overvalued). 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.

Okamura's adjusted book value per share for the three months ended in Mar. 2026 was $13.588. 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 $6.26 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Okamura's average Cyclically Adjusted Book Growth Rate was 7.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 9.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 9.30% 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 Okamura was 9.90% per year. The lowest was 5.40% per year. And the median was 8.45% per year.

As of today (2026-07-13), Okamura's current stock price is $13.84. Okamura's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $6.26. Okamura's Cyclically Adjusted PB Ratio of today is 2.21.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Okamura was 2.02. The lowest was 0.71. And the median was 1.44.


Okamura  (OTCPK:OKAMF) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=13.84/6.26
=2.21

* 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 Okamura was 2.02. The lowest was 0.71. And the median was 1.44.


Be Aware

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


Okamura Cyclically Adjusted Book per Share Related Terms


Okamura Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Okamura'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.

Okamura Cyclically Adjusted Book per Share Chart

Okamura 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 8.89 8.68 5.73 7.27 6.26

Okamura 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 7.27 6.57 6.33 6.64 6.26

Okamura Cyclically Adjusted Book per Share Competitor Comparison

For the Business Equipment & Supplies subindustry, Okamura'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.


Okamura Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Okamura's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


OKAMF
88GF Score
Okamura Corp OKAMF
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Okamura 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, Okamura'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)
=13.588/112.7000*112.7000
=13.588

Current CPI (Mar. 2026) = 112.7000.

Okamura Quarterly Data

Book Value per Share CPI Adj_Book
201606 9.210 98.100 10.581
201609 9.640 98.000 11.086
201612 8.599 98.400 9.849
201703 9.140 98.100 10.500
201706 9.482 98.500 10.849
201709 9.684 98.800 11.046
201712 9.659 99.400 10.951
201803 10.720 99.200 12.179
201806 10.425 99.200 11.844
201809 10.574 99.900 11.929
201812 10.034 99.700 11.342
201903 10.613 99.700 11.997
201906 10.831 99.800 12.231
201909 11.076 100.100 12.470
201912 11.060 100.500 12.403
202003 11.323 100.300 12.723
202006 11.422 99.900 12.885
202009 11.962 99.900 13.495
202012 12.695 99.300 14.408
202103 12.710 99.900 14.339
202106 12.480 99.500 14.136
202109 12.782 100.100 14.391
202112 12.278 100.100 13.823
202203 12.307 101.100 13.719
202206 10.990 101.800 12.167
202209 10.452 103.100 11.425
202212 11.171 104.100 12.094
202303 11.916 104.400 12.863
202306 11.714 105.200 12.549
202309 11.532 106.200 12.238
202312 11.735 106.800 12.383
202403 12.155 107.200 12.779
202406 11.541 108.200 12.021
202409 12.758 108.900 13.203
202412 11.814 110.700 12.027
202503 13.125 111.100 13.314
202506 13.480 111.700 13.601
202509 13.536 112.000 13.621
202512 12.974 113.000 12.940
202603 13.588 112.700 13.588

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 $6.26 mean?
Okamura (OKAMF) has a Cyclically Adjusted Book per Share of $6.26 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 Okamura and its competitors.
Is Okamura's Cyclically Adjusted Book per Share too high?
Okamura's current Cyclically Adjusted Book per Share is $6.26. Overall, Okamura has a GF Score™ of 88/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Okamura's Cyclically Adjusted Book per Share compare to competitors?
Okamura's Cyclically Adjusted Book per Share of $6.26 can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Cyclically Adjusted Book per Share depends on the Industrial Products 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 Okamura and its competitors. Okamura's current Cyclically Adjusted Book per Share is $6.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Okamura stock overvalued right now?
Based on GuruFocus' analysis, Okamura (OKAMF) is currently considered Significantly Overvalued. The stock's GF Value™ is $9.78, compared to a current price of $13.84 — trading 41.5% above its estimated fair value. The current Cyclically Adjusted Book per Share is $6.26. Okamura's overall GF Score™ is 88/100 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 Okamura (OKAMF), the current Cyclically Adjusted Book per Share is $6.26 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 Okamura (OKAMF) Overvalued in 2026?

Based on GuruFocus' analysis, Okamura stock appears to be overvalued. The current stock price of $13.84 is trading 41.5% above its estimated GF Value™ of $9.78. GuruFocus considers Okamura to be Significantly Overvalued.

Key valuation signals for OKAMF:

  • Cyclically Adjusted Book per Share: $6.26
  • GF Value™: $9.78 vs. price of $13.84 (41.5% above fair value)
  • GF Score™: 88/100 with 1 warning sign

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


Okamura Business Description

Other Exchanges 7994:Japan
Address Bldg 19, No. 1, No. 4 Tenri Kitasaiwai 1-chome, Nishi-ku, Yokohama, JPN, 220-0004
Okamura Corp is a Japanese manufacturer that operates through three segments. The office furniture segment provides office seating, desks, storage, filing supplies, room furniture, and fixtures. The store displays segment comprises products including display fixtures for food and stores, checkout facilities, and showcases. The material handling systems and others segment consists of automated warehouse, conveyor systems, sorting systems, shelves, and equipment for plants and warehouses. Combined, the office furniture and store displays segments contribute the majority of group sales. Okamura's products are manufactured both in Japan and overseas and are delivered across the world by its distribution network.
88GF Score

Get the complete analysis for OKAMF

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

$13.84
Price
$9.78
GF Value