AOI ELECTRONICS Co (TSE:6832) Cyclically Adjusted Book per Share: 円4,304.14 (As of Mar. 2026)


TSE:6832 AOI ELECTRONICS Co Ltd TSE:6832
68 GF Score
Price 円2,573.00
GF Value 円2,526.05
Valuation Fairly Valued
! 6 Warning Signs
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What is AOI ELECTRONICS Co Cyclically Adjusted Book per Share?

AOI ELECTRONICS Co TSE:6832 +1.42% 68 Cyclically Adjusted Book per Share is 円4,304.14 as of Mar. 2026. GuruFocus rates TSE:6832 with a GF Score™ of 68/100 and a GF Value™ of 円2,526.05 (Fairly Valued). 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.

AOI ELECTRONICS Co's adjusted book value per share for the three months ended in Mar. 2026 was 円3,861.523. 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4,304.14 for the trailing ten years ended in Mar. 2026.

During the past 12 months, AOI ELECTRONICS Co's average Cyclically Adjusted Book Growth Rate was 2.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 4.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 6.00% 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 AOI ELECTRONICS Co was 7.10% per year. The lowest was 4.60% per year. And the median was 6.35% per year.

As of today (2026-07-10), AOI ELECTRONICS Co's current stock price is 円2573.00. AOI ELECTRONICS Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円4,304.14. AOI ELECTRONICS Co's Cyclically Adjusted PB Ratio of today is 0.60.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of AOI ELECTRONICS Co was 2.27. The lowest was 0.39. And the median was 0.67.


AOI ELECTRONICS Co  (TSE:6832) 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.

AOI ELECTRONICS Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2573.00/4304.14
=0.60

* 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 AOI ELECTRONICS Co was 2.27. The lowest was 0.39. And the median was 0.67.


Be Aware

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


AOI ELECTRONICS Co Cyclically Adjusted Book per Share Related Terms


AOI ELECTRONICS Co Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for AOI 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.

AOI ELECTRONICS Co Cyclically Adjusted Book per Share Chart

AOI 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 3,476.71 3,762.72 3,996.88 4,219.30 4,304.14

AOI 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 4,219.30 4,250.45 4,267.97 4,309.57 4,304.14

TSE:6832 vs NVDA, AVGO, MU: Cyclically Adjusted Book per Share Comparison

For the Semiconductors subindustry, AOI 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.


AOI ELECTRONICS Co Cyclically Adjusted PB Ratio vs Semiconductors Industry

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

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


TSE:6832
68GF Score
AOI ELECTRONICS Co Ltd TSE:6832
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

AOI 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, AOI 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)
=3861.523/112.7000*112.7000
=3,861.523

Current CPI (Mar. 2026) = 112.7000.

AOI ELECTRONICS Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 3,195.657 98.100 3,671.259
201609 3,290.590 98.000 3,784.179
201612 3,412.642 98.400 3,908.585
201703 3,466.369 98.100 3,982.261
201706 3,544.578 98.500 4,055.573
201709 3,656.506 98.800 4,170.933
201712 3,716.733 99.400 4,214.042
201803 3,798.358 99.200 4,315.272
201806 3,831.240 99.200 4,352.629
201809 3,937.085 99.900 4,441.536
201812 3,951.460 99.700 4,466.696
201903 3,935.947 99.700 4,449.160
201906 3,931.421 99.800 4,439.591
201909 4,000.819 100.100 4,504.419
201912 4,039.224 100.500 4,529.558
202003 4,003.989 100.300 4,498.999
202006 4,025.086 99.900 4,540.813
202009 4,015.339 99.900 4,529.817
202012 4,017.599 99.300 4,559.752
202103 4,073.328 99.900 4,595.236
202106 4,111.392 99.500 4,656.823
202109 4,174.663 100.100 4,700.145
202112 4,202.356 100.100 4,731.324
202203 4,245.866 101.100 4,733.028
202206 4,274.254 101.800 4,731.910
202209 4,296.449 103.100 4,696.506
202212 4,265.142 104.100 4,617.498
202303 4,211.846 104.400 4,546.696
202306 4,157.253 105.200 4,453.635
202309 4,133.504 106.200 4,386.496
202312 4,091.772 106.800 4,317.816
202403 3,854.043 107.200 4,051.778
202406 0.000 108.200 0.000
202409 3,861.505 108.900 3,996.250
202412 3,864.637 110.700 3,934.459
202503 3,832.088 111.100 3,887.276
202506 3,820.852 111.700 3,855.058
202509 3,845.808 112.000 3,869.844
202512 3,833.231 113.000 3,823.054
202603 3,861.523 112.700 3,861.523

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4,304.14 mean?
AOI ELECTRONICS Co (TSE:6832) has a Cyclically Adjusted Book per Share of 円4,304.14 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 AOI ELECTRONICS Co and its competitors.
Is AOI ELECTRONICS Co's Cyclically Adjusted Book per Share too high?
AOI ELECTRONICS Co's current Cyclically Adjusted Book per Share is 円4,304.14. Overall, AOI ELECTRONICS Co has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does AOI ELECTRONICS Co's Cyclically Adjusted Book per Share compare to NVDA and AVGO?
AOI ELECTRONICS Co's Cyclically Adjusted Book per Share of 円4,304.14 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 AOI ELECTRONICS Co and its competitors. AOI ELECTRONICS Co's current Cyclically Adjusted Book per Share is 円4,304.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AOI ELECTRONICS Co stock overvalued right now?
Based on GuruFocus' analysis, AOI ELECTRONICS Co (TSE:6832) is currently considered Fairly Valued. The stock's GF Value™ is 円2,526.05, compared to a current price of 円2,573.00 — trading 1.9% above its estimated fair value. The current Cyclically Adjusted Book per Share is 円4,304.14. AOI ELECTRONICS Co's overall GF Score™ is 68/100 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 AOI ELECTRONICS Co (TSE:6832), the current Cyclically Adjusted Book per Share is 円4,304.14 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 AOI ELECTRONICS Co (TSE:6832) Overvalued in 2026?

Based on GuruFocus' analysis, AOI ELECTRONICS Co stock appears to be overvalued. The current stock price of 円2,573.00 is trading 1.9% above its estimated GF Value™ of 円2,526.05. GuruFocus considers AOI ELECTRONICS Co to be Fairly Valued.

Key valuation signals for TSE:6832:

  • Cyclically Adjusted Book per Share: 円4,304.14
  • GF Value™: 円2,526.05 vs. price of 円2,573.00 (1.9% above fair value)
  • GF Score™: 68/100 with 6 warning signs

No single metric tells the full story. See the TSE:6832 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


AOI ELECTRONICS Co Business Description

Address 455-1, Kohzai Minamimachi, Takamatsu, JPN, 761-8014
AOI ELECTRONICS Co Ltd is engaged in the production of Integrated Circuits, Modules, Optical sensor, LED, Thermal Print Heads, Resistor Networks, and MEMS Device.
68GF Score

Get the complete analysis for TSE:6832

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

円2,573.00
Price
円2,526.05
GF Value