Kaga Electronics Co (TSE:8154) Cyclically Adjusted Book per Share: 円2,158.87 (As of Mar. 2026)


TSE:8154 Kaga Electronics Co Ltd TSE:8154
89 GF Score
Price 円4,240.00
GF Value 円3,728.68
Valuation Modestly Overvalued
! 3 Warning Signs
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What is Kaga Electronics Co Cyclically Adjusted Book per Share?

Kaga Electronics Co TSE:8154 +1.92% 89 Cyclically Adjusted Book per Share is 円2,158.87 as of Mar. 2026. GuruFocus rates TSE:8154 with a GF Score™ of 89/100 and a GF Value™ of 円3,728.68 (Modestly 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.

Kaga Electronics Co's adjusted book value per share for the three months ended in Mar. 2026 was 円3,850.291. 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2,158.87 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Kaga Electronics Co's average Cyclically Adjusted Book Growth Rate was 13.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 14.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 13.60% 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 Kaga Electronics Co was 14.40% per year. The lowest was 5.40% per year. And the median was 11.40% per year.

As of today (2026-07-09), Kaga Electronics Co's current stock price is 円4240.00. Kaga Electronics Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円2,158.87. Kaga Electronics Co's Cyclically Adjusted PB Ratio of today is 1.96.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Kaga Electronics Co was 2.31. The lowest was 0.69. And the median was 1.37.


Kaga Electronics Co  (TSE:8154) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=4240.00/2158.87
=1.96

* 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 Kaga Electronics Co was 2.31. The lowest was 0.69. And the median was 1.37.


Be Aware

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


Kaga Electronics Co Cyclically Adjusted Book per Share Related Terms


Kaga Electronics Co Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Kaga 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.

Kaga Electronics Co Cyclically Adjusted Book per Share Chart

Kaga 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 1,266.37 1,454.22 1,667.16 1,896.03 2,158.87

Kaga 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 1,896.03 1,956.45 2,018.44 2,097.97 2,158.87

TSE:8154 vs APH, GLW: Cyclically Adjusted Book per Share Comparison

For the Electronic Components subindustry, Kaga 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.


Kaga Electronics Co Cyclically Adjusted PB Ratio vs Hardware Industry

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

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


TSE:8154
89GF Score
Kaga Electronics Co Ltd TSE:8154
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kaga 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, Kaga 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)
=3850.291/112.7000*112.7000
=3,850.291

Current CPI (Mar. 2026) = 112.7000.

Kaga Electronics Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 1,067.898 98.100 1,226.831
201609 1,086.939 98.000 1,249.980
201612 1,124.914 98.400 1,288.392
201703 1,200.470 98.100 1,379.133
201706 1,222.340 98.500 1,398.556
201709 1,256.310 98.800 1,433.058
201712 1,292.595 99.400 1,465.548
201803 1,285.881 99.200 1,460.875
201806 1,292.515 99.200 1,468.412
201809 1,333.358 99.900 1,504.199
201812 1,327.726 99.700 1,500.850
201903 1,395.471 99.700 1,577.428
201906 1,381.517 99.800 1,560.090
201909 1,413.925 100.100 1,591.902
201912 1,443.746 100.500 1,619.007
202003 1,425.489 100.300 1,601.721
202006 1,572.982 99.900 1,774.525
202009 1,607.324 99.900 1,813.267
202012 1,636.003 99.300 1,856.773
202103 1,655.558 99.900 1,867.682
202106 1,691.504 99.500 1,915.905
202109 1,681.275 100.100 1,892.904
202112 1,771.258 100.100 1,994.214
202203 2,013.049 101.100 2,244.022
202206 2,190.757 101.800 2,425.327
202209 2,377.457 103.100 2,598.830
202212 2,382.448 104.100 2,579.269
202303 2,467.671 104.400 2,663.856
202306 2,586.478 105.200 2,770.875
202309 2,731.465 106.200 2,898.645
202312 2,746.345 106.800 2,898.063
202403 2,871.057 107.200 3,018.359
202406 0.000 108.200 0.000
202409 3,023.479 108.900 3,128.981
202412 3,105.031 110.700 3,161.129
202503 3,162.665 111.100 3,208.212
202506 3,165.138 111.700 3,193.474
202509 3,437.777 112.000 3,459.263
202512 3,665.646 113.000 3,655.914
202603 3,850.291 112.700 3,850.291

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2,158.87 mean?
Kaga Electronics Co (TSE:8154) has a Cyclically Adjusted Book per Share of 円2,158.87 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 Kaga Electronics Co and its competitors.
Is Kaga Electronics Co's Cyclically Adjusted Book per Share too high?
Kaga Electronics Co's current Cyclically Adjusted Book per Share is 円2,158.87. Overall, Kaga Electronics Co has a GF Score™ of 89/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kaga Electronics Co's Cyclically Adjusted Book per Share compare to APH and GLW?
Kaga Electronics Co's Cyclically Adjusted Book per Share of 円2,158.87 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 Kaga Electronics Co and its competitors. Kaga Electronics Co's current Cyclically Adjusted Book per Share is 円2,158.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kaga Electronics Co stock overvalued right now?
Based on GuruFocus' analysis, Kaga Electronics Co (TSE:8154) is currently considered Modestly Overvalued. The stock's GF Value™ is 円3,728.68, compared to a current price of 円4,240.00 — trading 13.7% above its estimated fair value. The current Cyclically Adjusted Book per Share is 円2,158.87. Kaga Electronics Co's overall GF Score™ is 89/100 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 Kaga Electronics Co (TSE:8154), the current Cyclically Adjusted Book per Share is 円2,158.87 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 Kaga Electronics Co (TSE:8154) Overvalued in 2026?

Based on GuruFocus' analysis, Kaga Electronics Co stock appears to be overvalued. The current stock price of 円4,240.00 is trading 13.7% above its estimated GF Value™ of 円3,728.68. GuruFocus considers Kaga Electronics Co to be Modestly Overvalued.

Key valuation signals for TSE:8154:

  • Cyclically Adjusted Book per Share: 円2,158.87
  • GF Value™: 円3,728.68 vs. price of 円4,240.00 (13.7% above fair value)
  • GF Score™: 89/100 with 3 warning signs

No single metric tells the full story. See the TSE:8154 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kaga Electronics Co Business Description

Address 20 Kandamatsunagacho, Chiyoda-ku, Tokyo, JPN, 101-8629
Kaga Electronics Co Ltd is a Japan based company engages in the sales of electronic components, electronic devices and other. It operates through following segments: Electronic Components, Information Equipment, Software and Other. The firm generates majority revenue from the Electronic Components.
89GF Score

Get the complete analysis for TSE:8154

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

円4,240.00
Price
円3,728.68
GF Value