Ohara (TSE:5218) Cyclically Adjusted Book per Share: 円1,959.03 (As of Apr. 2026)

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TSE:5218 Ohara Inc TSE:5218
69 GF Score
Price 円1,616.00
GF Value 円1,260.41
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Ohara Cyclically Adjusted Book per Share?

Ohara TSE:5218 +1.38% 69 Cyclically Adjusted Book per Share is 円1,959.03 as of Apr. 2026. GuruFocus rates TSE:5218 with a GF Score™ of 69/100 and a GF Value™ of 円1,260.41 (Modestly Overvalued). 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.

Ohara's adjusted book value per share for the three months ended in Apr. 2026 was 円2,209.007. 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 円1,959.03 for the trailing ten years ended in Apr. 2026.

During the past 12 months, Ohara's average Cyclically Adjusted Book Growth Rate was 2.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 3.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 2.90% 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 Ohara was 3.50% per year. The lowest was -0.60% per year. And the median was 2.00% per year.

As of today (2026-08-29), Ohara's current stock price is 円1616.00. Ohara's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2026 was 円1,959.03. Ohara's Cyclically Adjusted PB Ratio of today is 0.82.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Ohara was 1.79. The lowest was 0.37. And the median was 0.72.


Ohara  (TSE:5218) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1616.00/1959.03
=0.82

* 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 Ohara was 1.79. The lowest was 0.37. And the median was 0.72.


Be Aware

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


Ohara Cyclically Adjusted Book per Share Related Terms


Ohara Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Ohara'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.

Ohara Cyclically Adjusted Book per Share Chart

Ohara Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,689.21 1,753.63 1,809.31 1,871.16 1,940.24

Ohara Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 1,910.83 1,920.38 1,940.24 1,948.70 1,959.03

TSE:5218 vs APH, GLW, TEL: Cyclically Adjusted Book per Share Comparison

For the Electronic Components subindustry, Ohara'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.


Ohara Cyclically Adjusted PB Ratio vs Hardware Industry

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

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


TSE:5218
69GF Score
Ohara Inc TSE:5218
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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

Adj_Book= Book Value per Share /CPI of Apr. 2026 (Change)*Current CPI (Apr. 2026)
=2209.007/113.0000*113.0000
=2,209.007

Current CPI (Apr. 2026) = 113.0000.

Ohara Quarterly Data

Book Value per Share CPI Adj_Book
201607 1,550.839 97.900 1,790.039
201610 1,522.729 98.600 1,745.115
201701 1,582.327 98.200 1,820.804
201704 1,600.904 98.500 1,836.570
201707 1,636.462 98.300 1,881.182
201710 1,693.932 98.800 1,937.392
201801 1,798.414 99.500 2,042.420
201804 1,783.784 99.100 2,033.982
201807 1,825.595 99.200 2,079.559
201810 1,810.501 100.200 2,041.783
201901 1,735.098 99.700 1,966.560
201904 1,791.346 100.000 2,024.221
201907 1,759.433 99.800 1,992.144
201910 1,717.980 100.400 1,933.583
202001 1,684.795 100.500 1,894.347
202004 1,623.599 100.200 1,831.005
202007 1,589.809 100.000 1,796.484
202010 1,485.941 99.800 1,682.478
202101 1,500.445 99.800 1,698.901
202104 1,550.032 99.100 1,767.443
202107 1,570.731 99.700 1,780.267
202110 1,641.783 99.900 1,857.072
202201 1,658.108 100.300 1,868.058
202204 1,740.231 101.500 1,937.400
202207 1,796.500 102.300 1,984.404
202210 1,848.979 103.700 2,014.799
202301 1,788.981 104.700 1,930.801
202304 1,830.636 105.100 1,968.239
202307 1,881.284 105.700 2,011.212
202310 1,931.123 107.100 2,037.506
202401 1,932.802 106.900 2,043.093
202404 2,002.797 107.700 2,101.356
202407 2,021.378 108.600 2,103.275
202410 2,072.971 109.500 2,139.230
202501 2,071.031 111.200 2,104.555
202504 2,022.959 111.500 2,050.174
202507 2,096.183 111.900 2,116.789
202510 2,131.508 112.800 2,135.287
202601 2,170.688 112.900 2,172.611
202604 2,209.007 113.000 2,209.007

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 円1,959.03 mean?
Ohara (TSE:5218) has a Cyclically Adjusted Book per Share of 円1,959.03 as of Apr. 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 Ohara and its competitors.
Is Ohara's Cyclically Adjusted Book per Share too high?
Ohara's current Cyclically Adjusted Book per Share is 円1,959.03. Overall, Ohara has a GF Score™ of 69/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ohara's Cyclically Adjusted Book per Share compare to APH and GLW?
Ohara's Cyclically Adjusted Book per Share of 円1,959.03 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 Ohara and its competitors. Ohara's current Cyclically Adjusted Book per Share is 円1,959.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ohara stock overvalued right now?
Based on GuruFocus' analysis, Ohara (TSE:5218) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,260.41, compared to a current price of 円1,616.00 — trading 28.2% above its estimated fair value. The current Cyclically Adjusted Book per Share is 円1,959.03. Ohara's overall GF Score™ is 69/100 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 Ohara (TSE:5218), the current Cyclically Adjusted Book per Share is 円1,959.03 as of Apr. 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 Ohara (TSE:5218) Overvalued in 2026?

Based on GuruFocus' analysis, Ohara stock appears to be overvalued. The current stock price of 円1,616.00 is trading 28.2% above its estimated GF Value™ of 円1,260.41. GuruFocus considers Ohara to be Modestly Overvalued.

Key valuation signals for TSE:5218:

  • Cyclically Adjusted Book per Share: 円1,959.03
  • GF Value™: 円1,260.41 vs. price of 円1,616.00 (28.2% above fair value)
  • GF Score™: 69/100 with 6 warning signs

No single metric tells the full story. See the TSE:5218 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ohara Business Description

Other Exchanges 9IE:Germany
Address 1-15-30, Oyama, Chuo-ku, Kanagawa, Sagamihara-Shi, JPN, 252-5286
Ohara Inc is engaged in the manufacturing and sales of optical glass products and electronic products. It operates through the Optical and Electronics divisions. The Optical division manufactures and sells optical glass materials for digital-related products such as digital cameras and liquid crystal (LC) projectors, as well as a lens for mold presses, among others. The Electronics division manufactures and sells glass discs of hard disc drives that are used in mobile devices, high-homogenous glass materials and low-expansion glass-ceramic used in semiconductor manufacturing machinery and others. It derives prime revenue from the Optical business segment.
69GF Score

Get the complete analysis for TSE:5218

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

円1,616.00
Price
円1,260.41
GF Value