CANRF (Canare Electric Co) Cyclically Adjusted PB Ratio: 0.79 (As of Jul. 14, 2026) — 12% Below Median

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CANRF Canare Electric Co Ltd CANRF
80 GF Score
Price $9.96
GF Value $9.31
! 2 Warning Signs
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What is Canare Electric Co Cyclically Adjusted PB Ratio?

Canare Electric Co CANRF 80 Cyclically Adjusted PB Ratio is 0.79 as of Jul. 14, 2026, which is 12% below its 10-year median of 0.90. GuruFocus rates CANRF with a GF Score™ of 80/100 and a GF Value™ of $9.31. The stock has 2 warning signs investors should review. Among 2,296 Industrial Products companies, Canare Electric Co ranks better than 82.67% on this metric.

As of today (2026-07-14), Canare Electric Co's current share price is $9.96. Canare Electric Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was $12.63. Canare Electric Co's Cyclically Adjusted PB Ratio for today is 0.79.

The historical rank and industry rank for Canare Electric Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

CANRF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.62   Med: 0.9   Max: 1.88
Current: 0.74

During the past years, Canare Electric Co's highest Cyclically Adjusted PB Ratio was 1.88. The lowest was 0.62. And the median was 0.90.

CANRF's Cyclically Adjusted PB Ratio is ranked better than
82.67% of 2296 companies
in the Industrial Products industry
Industry Median: 2.215 vs CANRF: 0.74

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.

Canare Electric Co's adjusted book value per share data for the three months ended in Dec. 2025 was $17.859. 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 $12.63 for the trailing ten years ended in Dec. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Canare Electric Co  (OTCPK:CANRF) 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.


Canare Electric Co Cyclically Adjusted PB Ratio Related Terms


Canare Electric Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Canare Electric 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.

Canare Electric Co Cyclically Adjusted PB Ratio Chart

Canare Electric Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.99 0.74 0.74 0.64 0.79

Canare Electric 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 0.70 0.67 0.80 0.79 0.00

CANRF vs VRT, BE: Cyclically Adjusted PB Ratio Comparison

For the Electrical Equipment & Parts subindustry, Canare Electric 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.


Canare Electric Co Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Canare Electric Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


CANRF
80GF Score
Canare Electric Co Ltd CANRF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Canare Electric 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.

Canare Electric Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=9.96/12.63
=0.79

* 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.

Canare Electric Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 is calculated as:

For example, Canare Electric Co's adjusted Book Value per Share data for the three months ended in Dec. 2025 was:

Adj_Book=Book Value per Share/CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=17.859/113.0000*113.0000
=17.859

Current CPI (Dec. 2025) = 113.0000.

Canare Electric Co Quarterly Data

Book Value per Share CPI Adj_Book
201603 14.678 97.900 16.942
201606 15.667 98.100 18.047
201609 16.405 98.000 18.916
201612 15.160 98.400 17.409
201703 15.780 98.100 18.177
201706 16.313 98.500 18.714
201709 16.520 98.800 18.894
201712 16.733 99.400 19.022
201803 17.866 99.200 20.351
201806 17.386 99.200 19.805
201809 17.194 99.900 19.449
201812 17.410 99.700 19.732
201903 17.702 99.700 20.063
201906 18.185 99.800 20.590
201909 18.251 100.100 20.603
201912 18.400 100.500 20.689
202003 18.509 100.300 20.853
202006 18.631 99.900 21.074
202009 19.090 99.900 21.593
202012 19.865 99.300 22.606
202103 19.291 99.900 21.821
202106 19.277 99.500 21.892
202109 19.424 100.100 21.927
202112 19.153 100.100 21.621
202203 18.747 101.100 20.954
202206 17.029 101.800 18.903
202209 16.043 103.100 17.584
202212 17.234 104.100 18.707
202303 17.702 104.400 19.160
202306 17.264 105.200 18.544
202309 16.801 106.200 17.877
202312 17.385 106.800 18.394
202403 17.015 107.200 17.936
202406 16.490 108.200 17.222
202409 17.948 108.900 18.624
202412 17.136 110.700 17.492
202503 17.653 111.100 17.955
202506 18.532 111.700 18.748
202509 18.374 112.000 18.538
202512 17.859 113.000 17.859

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.

What does a Cyclically Adjusted PB Ratio of 0.79 mean?
Canare Electric Co (CANRF) has a Cyclically Adjusted PB Ratio of 0.79 as of Jul. 14, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Canare Electric Co and its competitors. This is 12% below median its historical median of 0.90. Over the past decade, Canare Electric Co's Cyclically Adjusted PB Ratio has ranged from 0.62 to 1.88. According to the industry distribution chart, Canare Electric Co ranks #398 out of 2296 companies in the Industrial Products industry, placing it in the top 17.3%.
Is Canare Electric Co's Cyclically Adjusted PB Ratio too high?
Canare Electric Co's current Cyclically Adjusted PB Ratio of 0.79 is 12% below median its 10-year median of 0.90. Over the past 10 years, this metric has ranged from a low of 0.62 to a high of 1.88. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.22. Canare Electric Co's value of 0.79 is 64.3% below this industry median. Based on the distribution chart, Canare Electric Co ranks #398 out of 2296 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Canare Electric Co has a GF Score™ of 80/100, reflecting its overall financial health beyond just this single metric.
How does Canare Electric Co's Cyclically Adjusted PB Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, Canare Electric Co ranks #398 out of 2296 companies for Cyclically Adjusted PB Ratio. This places Canare Electric Co in the top 17% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 2.22. Canare Electric Co's value of 0.79 is 64.3% below this benchmark. Historically, Canare Electric Co's own Cyclically Adjusted PB Ratio has ranged from 0.62 to 1.88 over the past decade. While the company's 10-year median is 0.90 vs. the industry median of 2.22, Canare Electric Co has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for an Industrial Products company?
The median Cyclically Adjusted PB Ratio among Industrial Products companies is 2.22, based on 2,296 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Canare Electric Co's current Cyclically Adjusted PB Ratio of 0.79 is 64.3% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Canare Electric Co and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Canare Electric Co's current Cyclically Adjusted PB Ratio is 0.79, which is 12% below median its own 10-year median of 0.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Canare Electric Co stock overvalued right now?
Canare Electric Co (CANRF) has a current Cyclically Adjusted PB Ratio of 0.79. The stock's GF Value™ is $9.31, compared to a current price of $9.96 — trading 7% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.79, which is 12% below median its 10-year median of 0.90 and 64.3% below the Industrial Products industry median of 2.22. Canare Electric Co's overall GF Score™ is 80/100 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 PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Canare Electric Co (CANRF), the current Cyclically Adjusted PB Ratio is 0.79 as of Jul. 14, 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 Canare Electric Co (CANRF) Overvalued in 2026?

Based on GuruFocus' analysis, Canare Electric Co stock appears to be overvalued. The current stock price of $9.96 is trading 7% above its estimated GF Value™ of $9.31.

Key valuation signals for CANRF:

  • Cyclically Adjusted PB Ratio: 0.79 (12% below median its 10-year median of 0.90)
  • GF Value™: $9.31 vs. price of $9.96 (7% above fair value)
  • GF Score™: 80/100 with 2 warning signs
  • Industry Position: 64.3% below the Industrial Products median (#398 of 2296)

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


Canare Electric Co Business Description

Other Exchanges 5819:Japan
Address 1201-10 Okumawari, Fujieda-cho, Aichi Prefecture, Nisshin, JPN, 105-0011
Canare Electric Co Ltd develops, manufactures, and sells audio and video cables, connectors, patchbays, assemblies, converters and related products, and fiber-optic products. Its products include video jacks, crimp plugs, coaxial cable strippers, receptacles, and adapters. It serves television broadcasting, and professional audio and video industries.
80GF Score

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

$9.96
Price
$9.31
GF Value