APELY (Alps Alpine Co) Cyclically Adjusted PB Ratio: (As of Aug. 06, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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APELY Alps Alpine Co Ltd APELY
69 GF Score
Price $27.26
GF Value $18,275.95
Valuation Significantly Undervalued
! 5 Warning Signs
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What is Alps Alpine Co Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Alps Alpine Co  (OTCPK:APELY) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Alps Alpine Co Cyclically Adjusted PB Ratio Related Terms


Alps Alpine Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Alps Alpine Co's Cyclically Adjusted PB Ratio 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.

Alps Alpine Co Cyclically Adjusted PB Ratio Chart

Alps Alpine Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.93 0.86 0.74 0.85 0.00

Alps Alpine 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 PB Ratio 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 0.85 0.86 1.02 1.07 0.00

APELY vs APH, GLW, TEL: Cyclically Adjusted PB Ratio Comparison

For the Electronic Components subindustry, Alps Alpine 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.


Alps Alpine Co Cyclically Adjusted PB Ratio vs Hardware Industry

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

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


APELY
69GF Score
Alps Alpine Co Ltd APELY
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Alps Alpine Co Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Alps Alpine Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Alps Alpine 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)
=28.909/112.7000*112.7000
=28.909

Current CPI (Mar. 2026) = 112.7000.

Alps Alpine Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 21.119 98.100 24.262
201609 22.149 98.000 25.471
201612 21.897 98.400 25.079
201703 23.032 98.100 26.460
201706 23.893 98.500 27.337
201709 25.918 98.800 29.564
201712 27.252 99.400 30.898
201803 29.026 99.200 32.976
201806 27.854 99.200 31.645
201809 28.725 99.900 32.405
201812 28.727 99.700 32.473
201903 31.186 99.700 35.252
201906 30.756 99.800 34.731
201909 30.948 100.100 34.844
201912 30.526 100.500 34.232
202003 29.506 100.300 33.154
202006 28.659 99.900 32.331
202009 29.671 99.900 33.473
202012 30.809 99.300 34.967
202103 30.659 99.900 34.587
202106 29.994 99.500 33.973
202109 30.648 100.100 34.506
202112 31.616 100.100 35.596
202203 31.714 101.100 35.353
202206 29.276 101.800 32.411
202209 28.341 103.100 30.980
202212 29.070 104.100 31.472
202303 28.998 104.400 31.303
202306 28.015 105.200 30.012
202309 27.825 106.200 29.528
202312 25.795 106.800 27.220
202403 25.401 107.200 26.704
202406 24.932 108.200 25.969
202409 25.905 108.900 26.809
202412 25.502 110.700 25.963
202503 27.011 111.100 27.400
202506 27.137 111.700 27.380
202509 28.572 112.000 28.751
202512 28.783 113.000 28.707
202603 28.909 112.700 28.909

Add all the adjusted book value per share together and divide the count will get our 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.

Is Alps Alpine Co (APELY) Overvalued in 2026?

Based on GuruFocus' analysis, Alps Alpine Co stock appears to be undervalued. The current stock price of $27.26 is trading 99.9% below its estimated GF Value™ of $18,275.95. GuruFocus considers Alps Alpine Co to be Significantly Undervalued.

Key valuation signals for APELY:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: $18,275.95 vs. price of $27.26 (99.9% below fair value)
  • GF Score™: 69/100 with 5 warning signs

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


Alps Alpine Co Business Description

Other Exchanges 6770:JapanALE:Germany
Address 1-7 Yukiya Otsukacho, Ota-ku, Tokyo, JPN, 145-8501
Alps Alpine Co Ltd is a Japan-based company mainly engaged in businesses related to the components, sensors and communications, and modules and systems businesses. The company operates through three segments. The Component segment manufactures and sells electronic components such as switches, actuators, and haptics. The Module/System segment provides automotive modules, infotainment systems, displays, and related services. The Sensor Communication segment handles sensors and communication devices. The Others segment includes system development, office services, screws, as well as finance and leasing businesses. It generates the majority of its revenue from the Module/System business segment.
69GF Score

Get the complete analysis for APELY

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

$27.26
Price
$18,275.95
GF Value