Meiko Electronics Co (TSE:6787) Cyclically Adjusted Book per Share: 円2,481.85 (As of Mar. 2026)

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TSE:6787 Meiko Electronics Co Ltd TSE:6787
69 GF Score
Price 円23,100.00
GF Value 円8,877.91
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Meiko Electronics Co Cyclically Adjusted Book per Share?

Meiko Electronics Co TSE:6787 -3.02% 69 Cyclically Adjusted Book per Share is 円2,481.85 as of Mar. 2026. GuruFocus rates TSE:6787 with a GF Score™ of 69/100 and a GF Value™ of 円8,877.91 (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.

Meiko Electronics Co's adjusted book value per share for the three months ended in Mar. 2026 was 円5,309.035. 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2,481.85 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Meiko Electronics Co's average Cyclically Adjusted Book Growth Rate was 18.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 15.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 11.50% 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 Meiko Electronics Co was 15.20% per year. The lowest was -4.30% per year. And the median was 4.65% per year.

As of today (2026-07-25), Meiko Electronics Co's current stock price is 円23100.00. Meiko Electronics Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円2,481.85. Meiko Electronics Co's Cyclically Adjusted PB Ratio of today is 9.31.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Meiko Electronics Co was 17.51. The lowest was 0.75. And the median was 1.98.


Meiko Electronics Co  (TSE:6787) 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.

Meiko Electronics Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=23100.00/2481.85
=9.31

* 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 Meiko Electronics Co was 17.51. The lowest was 0.75. And the median was 1.98.


Be Aware

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


Meiko Electronics Co Cyclically Adjusted Book per Share Related Terms


Meiko Electronics Co Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Meiko Electronics Co'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.

Meiko Electronics Co Cyclically Adjusted Book per Share Chart

Meiko Electronics Co 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 1,480.43 1,622.20 1,804.37 2,097.23 2,481.85

Meiko Electronics Co 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 2,097.23 2,180.85 2,270.95 2,386.80 2,481.85

TSE:6787 vs APH, GLW: Cyclically Adjusted Book per Share Comparison

For the Electronic Components subindustry, Meiko Electronics Co'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.


Meiko Electronics Co Cyclically Adjusted PB Ratio vs Hardware Industry

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

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


TSE:6787
69GF Score
Meiko Electronics Co Ltd TSE:6787
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Meiko Electronics Co 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, Meiko Electronics Co'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)
=5309.035/112.7000*112.7000
=5,309.035

Current CPI (Mar. 2026) = 112.7000.

Meiko Electronics Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 943.990 98.100 1,084.482
201609 969.932 98.000 1,115.422
201612 1,068.159 98.400 1,223.389
201703 1,080.500 98.100 1,241.308
201706 1,104.760 98.500 1,264.025
201709 1,201.956 98.800 1,371.057
201712 1,269.275 99.400 1,439.108
201803 1,262.321 99.200 1,434.109
201806 1,143.157 99.200 1,298.728
201809 1,265.110 99.900 1,427.206
201812 1,261.290 99.700 1,425.751
201903 1,283.182 99.700 1,450.498
201906 1,205.624 99.800 1,361.461
201909 1,224.116 100.100 1,378.201
201912 1,323.374 100.500 1,484.022
202003 1,233.552 100.300 1,386.055
202006 1,204.745 99.900 1,359.107
202009 1,223.657 99.900 1,380.442
202012 1,268.969 99.300 1,440.210
202103 1,551.835 99.900 1,750.669
202106 1,610.352 99.500 1,823.987
202109 1,714.618 100.100 1,930.444
202112 1,939.197 100.100 2,183.292
202203 2,280.995 101.100 2,542.712
202206 2,691.393 101.800 2,979.568
202209 2,904.411 103.100 3,174.851
202212 2,906.634 104.100 3,146.759
202303 3,015.091 104.400 3,254.797
202306 3,283.575 105.200 3,517.670
202309 3,540.867 106.200 3,757.587
202312 3,417.398 106.800 3,606.187
202403 3,828.245 107.200 4,024.657
202406 4,153.885 108.200 4,326.644
202409 3,776.279 108.900 3,908.050
202412 4,389.727 110.700 4,469.036
202503 4,218.161 111.100 4,278.909
202506 4,165.783 111.700 4,203.077
202509 4,529.831 112.000 4,558.142
202512 4,976.423 113.000 4,963.211
202603 5,309.035 112.700 5,309.035

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2,481.85 mean?
Meiko Electronics Co (TSE:6787) has a Cyclically Adjusted Book per Share of 円2,481.85 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 Meiko Electronics Co and its competitors.
Is Meiko Electronics Co's Cyclically Adjusted Book per Share too high?
Meiko Electronics Co's current Cyclically Adjusted Book per Share is 円2,481.85. Overall, Meiko Electronics Co has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Meiko Electronics Co's Cyclically Adjusted Book per Share compare to APH and GLW?
Meiko Electronics Co's Cyclically Adjusted Book per Share of 円2,481.85 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 Meiko Electronics Co and its competitors. Meiko Electronics Co's current Cyclically Adjusted Book per Share is 円2,481.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Meiko Electronics Co stock overvalued right now?
Based on GuruFocus' analysis, Meiko Electronics Co (TSE:6787) is currently considered Significantly Overvalued. The stock's GF Value™ is 円8,877.91, compared to a current price of 円23,100.00 — trading 160.2% above its estimated fair value. The current Cyclically Adjusted Book per Share is 円2,481.85. Meiko Electronics Co's overall GF Score™ is 69/100 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 Meiko Electronics Co (TSE:6787), the current Cyclically Adjusted Book per Share is 円2,481.85 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 Meiko Electronics Co (TSE:6787) Overvalued in 2026?

Based on GuruFocus' analysis, Meiko Electronics Co stock appears to be overvalued. The current stock price of 円23,100.00 is trading 160.2% above its estimated GF Value™ of 円8,877.91. GuruFocus considers Meiko Electronics Co to be Significantly Overvalued.

Key valuation signals for TSE:6787:

  • Cyclically Adjusted Book per Share: 円2,481.85
  • GF Value™: 円8,877.91 vs. price of 円23,100.00 (160.2% above fair value)
  • GF Score™: 69/100 with 2 warning signs

No single metric tells the full story. See the TSE:6787 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Meiko Electronics Co Business Description

Other Exchanges MEC:Germany
Address 5-14-15, Ogami, Kanagawa Prefecture, Ayase, JPN, 252-1104
Meiko Electronics Co Ltd is a Japan-based company. The company is engaged in manufacturing of anyLayer high density interconnect, high heat dissipation printed circuit boards (PCBs) and high electric current PCBs, solder stencils, electronic manufacturing services, industrial equipment, and imaging equipment. The company operates in one business segment that is Printed Circuit Boards. Geographically the company exports its products to Asia, North America, Europe, and Other regions.
69GF Score

Get the complete analysis for TSE:6787

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

円23,100.00
Price
円8,877.91
GF Value