Oval (TSE:7727) Cyclically Adjusted Book per Share: 円690.24 (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
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:7727 Oval Corp TSE:7727
64 GF Score
Price 円898.00
GF Value 円533.07
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Oval Cyclically Adjusted Book per Share?

Oval TSE:7727 +2.05% 64 Cyclically Adjusted Book per Share is 円690.24 as of Jun. 2026. GuruFocus rates TSE:7727 with a GF Score™ of 64/100 and a GF Value™ of 円533.07 (Significantly Overvalued). The stock has 3 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.

Oval's adjusted book value per share for the three months ended in Jun. 2026 was 円793.497. 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690.24 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Oval's average Cyclically Adjusted Book Growth Rate was 3.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 4.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 4.10% 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 Oval was 4.70% per year. The lowest was 1.70% per year. And the median was 3.40% per year.

As of today (2026-09-22), Oval's current stock price is 円898.00. Oval's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was 円690.24. Oval's Cyclically Adjusted PB Ratio of today is 1.30.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Oval was 1.40. The lowest was 0.37. And the median was 0.59.


Oval  (TSE:7727) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=898.00/690.239
=1.30

* 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 Oval was 1.40. The lowest was 0.37. And the median was 0.59.


Be Aware

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


Oval Cyclically Adjusted Book per Share Related Terms


Oval Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Oval'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.

Oval Cyclically Adjusted Book per Share Chart

Oval 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 585.24 612.05 638.16 668.82 692.13

Oval Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 667.14 671.16 679.53 681.15 690.24

TSE:7727 vs GRMN, COHR, KEYS: Cyclically Adjusted Book per Share Comparison

For the Scientific & Technical Instruments subindustry, Oval'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.


Oval Cyclically Adjusted PB Ratio vs Hardware Industry

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

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


TSE:7727
64GF Score
Oval Corp TSE:7727
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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

Adj_Book= Book Value per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=793.497/113.6000*113.6000
=793.497

Current CPI (Jun. 2026) = 113.6000.

Oval Quarterly Data

Book Value per Share CPI Adj_Book
201609 556.980 98.000 645.642
201612 559.916 98.400 646.407
201703 575.268 98.100 666.162
201706 567.682 98.500 654.707
201709 572.954 98.800 658.781
201712 574.313 99.400 656.358
201803 580.706 99.200 665.002
201806 572.034 99.200 655.071
201809 574.350 99.900 653.115
201812 575.020 99.700 655.188
201903 588.537 99.700 670.590
201906 583.809 99.800 664.536
201909 585.021 100.100 663.920
201912 585.535 100.500 661.858
202003 586.979 100.300 664.814
202006 577.789 99.900 657.025
202009 578.561 99.900 657.903
202012 577.212 99.300 660.335
202103 584.012 99.900 664.102
202106 585.917 99.500 668.946
202109 595.492 100.100 675.803
202112 595.192 100.100 675.463
202203 603.215 101.100 677.796
202206 606.218 101.800 676.487
202209 626.799 103.100 690.634
202212 634.333 104.100 692.221
202303 637.497 104.400 693.675
202306 637.738 105.200 688.660
202309 664.967 106.200 711.302
202312 674.440 106.800 717.382
202403 685.794 107.200 726.737
202406 690.857 108.200 725.336
202409 709.601 108.900 740.227
202412 708.494 110.700 727.054
202503 728.477 111.100 744.869
202506 727.573 111.700 739.949
202509 743.712 112.000 754.336
202512 760.821 113.000 764.861
202603 796.436 112.700 802.796
202606 793.497 113.600 793.497

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690.24 mean?
Oval (TSE:7727) has a Cyclically Adjusted Book per Share of 円690.24 as of Jun. 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 Oval and its competitors.
Is Oval's Cyclically Adjusted Book per Share too high?
Oval's current Cyclically Adjusted Book per Share is 円690.24. Overall, Oval has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Oval's Cyclically Adjusted Book per Share compare to GRMN and COHR?
Oval's Cyclically Adjusted Book per Share of 円690.24 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 Oval and its competitors. Oval's current Cyclically Adjusted Book per Share is 円690.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Oval stock overvalued right now?
Based on GuruFocus' analysis, Oval (TSE:7727) is currently considered Significantly Overvalued. The stock's GF Value™ is 円533.07, compared to a current price of 円898.00 — trading 68.5% above its estimated fair value. The current Cyclically Adjusted Book per Share is 円690.24. Oval's overall GF Score™ is 64/100 with 3 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 Oval (TSE:7727), the current Cyclically Adjusted Book per Share is 円690.24 as of Jun. 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 Oval (TSE:7727) Overvalued in 2026?

Based on GuruFocus' analysis, Oval stock appears to be overvalued. The current stock price of 円898.00 is trading 68.5% above its estimated GF Value™ of 円533.07. GuruFocus considers Oval to be Significantly Overvalued.

Key valuation signals for TSE:7727:

  • Cyclically Adjusted Book per Share: 円690.24
  • GF Value™: 円533.07 vs. price of 円898.00 (68.5% above fair value)
  • GF Score™: 64/100 with 3 warning signs

No single metric tells the full story. See the TSE:7727 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Oval Business Description

Address 10-8, Kamiochiai 3-chome, Shinjuku-ku, Tokyo, JPN, 161-8508
Oval Corp is a Japanese manufacturer of flowmeters and metrological control equipment. The company produces positive displacement (OVAL gear) flowmeters alongside Coriolis, vortex, and ultrasonic flowmeters, serving industries that require precise measurement of liquids and gases, including oil and gas, chemicals, food and beverage, and pharmaceuticals. Its electronic instrumentation includes totalizers, batch counters, and flow computers, and it also supplies environmental control and measuring devices. Revenue comes primarily from selling these instruments and related systems, supplemented by maintenance, calibration, and after-sales services. The company operates mainly in Japan but exports to international markets through subsidiaries and distributors. Founded on its proprietary oval-gear measuring principle, Oval has built its business around industrial flow measurement and control solutions for process and energy applications.
64GF Score

Get the complete analysis for TSE:7727

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

円898.00
Price
円533.07
GF Value