RORZE (TSE:6323) Cyclically Adjusted Book per Share: 円314.48 (As of Feb. 2026)

Author: Vera Yuan Vera Yuan
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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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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.

TSE:6323 RORZE Corp TSE:6323
94 GF Score
Price 円3,893.00
GF Value 円2,363.12
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is RORZE Cyclically Adjusted Book per Share?

RORZE TSE:6323 -0.61% 94 Cyclically Adjusted Book per Share is 円314.48 as of Feb. 2026. GuruFocus rates TSE:6323 with a GF Score™ of 94/100 and a GF Value™ of 円2,363.12 (Significantly 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.

RORZE's adjusted book value per share for the three months ended in Feb. 2026 was 円750.894. 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314.48 for the trailing ten years ended in Feb. 2026.

During the past 12 months, RORZE's average Cyclically Adjusted Book Growth Rate was 26.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 31.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 31.80% 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 RORZE was 34.60% per year. The lowest was 18.00% per year. And the median was 30.80% per year.

As of today (2026-08-20), RORZE's current stock price is 円3893.00. RORZE's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2026 was 円314.48. RORZE's Cyclically Adjusted PB Ratio of today is 12.38.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of RORZE was 18.01. The lowest was 2.11. And the median was 7.70.


RORZE  (TSE:6323) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=3893.00/314.48
=12.38

* 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 RORZE was 18.01. The lowest was 2.11. And the median was 7.70.


Be Aware

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


RORZE Cyclically Adjusted Book per Share Related Terms


RORZE Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for RORZE'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.

RORZE Cyclically Adjusted Book per Share Chart

RORZE Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 102.03 137.16 184.65 248.65 314.48

RORZE Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 265.53 281.35 300.28 314.48 0.00

TSE:6323 vs AMAT, LRCX, KLAC: Cyclically Adjusted Book per Share Comparison

For the Semiconductor Equipment & Materials subindustry, RORZE'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.


RORZE Cyclically Adjusted PB Ratio vs Semiconductors Industry

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

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


TSE:6323
94GF Score
RORZE Corp TSE:6323
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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

Adj_Book= Book Value per Share /CPI of Feb. 2026 (Change)*Current CPI (Feb. 2026)
=750.894/112.2000*112.2000
=750.894

Current CPI (Feb. 2026) = 112.2000.

RORZE Quarterly Data

Book Value per Share CPI Adj_Book
201605 69.426 98.200 79.324
201608 68.622 97.900 78.645
201611 73.427 98.600 83.555
201702 82.034 98.100 93.825
201705 85.840 98.600 97.680
201708 93.407 98.500 106.399
201711 99.748 99.100 112.934
201802 98.482 99.500 111.052
201805 97.818 99.300 110.525
201808 106.830 99.800 120.103
201811 118.190 100.000 132.609
201902 119.227 99.700 134.175
201905 126.325 100.000 141.737
201908 130.737 100.000 146.687
201911 138.553 100.500 154.683
202002 146.660 100.300 164.060
202005 151.593 100.100 169.917
202008 161.562 100.100 181.091
202011 171.296 99.500 193.160
202102 178.874 99.800 201.099
202105 198.347 99.400 223.889
202108 215.440 99.700 242.451
202111 235.209 100.100 263.641
202202 262.897 100.700 292.920
202205 291.801 101.800 321.612
202208 348.811 102.700 381.077
202211 396.567 103.900 428.247
202302 395.254 104.000 426.418
202305 426.166 105.100 454.956
202308 480.508 105.900 509.093
202311 509.075 106.900 534.314
202402 523.802 106.900 549.772
202405 573.873 108.100 595.639
202408 634.395 109.100 652.421
202411 613.562 110.000 625.833
202502 668.494 110.800 676.941
202505 648.328 111.800 650.648
202508 672.711 112.100 673.311
202511 718.297 113.200 711.952
202602 750.894 112.200 750.894

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314.48 mean?
RORZE (TSE:6323) has a Cyclically Adjusted Book per Share of 円314.48 as of Feb. 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 RORZE and its competitors.
Is RORZE's Cyclically Adjusted Book per Share too high?
RORZE's current Cyclically Adjusted Book per Share is 円314.48. Overall, RORZE has a GF Score™ of 94/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does RORZE's Cyclically Adjusted Book per Share compare to AMAT and LRCX?
RORZE's Cyclically Adjusted Book per Share of 円314.48 can be compared against companies in the Semiconductors 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 Semiconductors company?
A good Cyclically Adjusted Book per Share depends on the Semiconductors 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 RORZE and its competitors. RORZE's current Cyclically Adjusted Book per Share is 円314.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is RORZE stock overvalued right now?
Based on GuruFocus' analysis, RORZE (TSE:6323) is currently considered Significantly Overvalued. The stock's GF Value™ is 円2,363.12, compared to a current price of 円3,893.00 — trading 64.7% above its estimated fair value. The current Cyclically Adjusted Book per Share is 円314.48. RORZE's overall GF Score™ is 94/100 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 RORZE (TSE:6323), the current Cyclically Adjusted Book per Share is 円314.48 as of Feb. 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 RORZE (TSE:6323) Overvalued in 2026?

Based on GuruFocus' analysis, RORZE stock appears to be overvalued. The current stock price of 円3,893.00 is trading 64.7% above its estimated GF Value™ of 円2,363.12. GuruFocus considers RORZE to be Significantly Overvalued.

Key valuation signals for TSE:6323:

  • Cyclically Adjusted Book per Share: 円314.48
  • GF Value™: 円2,363.12 vs. price of 円3,893.00 (64.7% above fair value)
  • GF Score™: 94/100 with 2 warning signs

No single metric tells the full story. See the TSE:6323 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


RORZE Business Description

Other Exchanges 71H:Germany
Address 1588-2 Michinoue, Kannabe-cho, Fukuyama-shi, Hiroshima, JPN
RORZE Corp is engaged in development, design, manufacturing, and sales of automation system for semiconductor/FPD production. Its semiconductor automation product generates more revenue. It also has products like Atmospheric robot, vacuum water robot, Mask handling system, control device.
94GF Score

Get the complete analysis for TSE:6323

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

円3,893.00
Price
円2,363.12
GF Value