Daihen (FRA:6NV) Cyclically Adjusted PB Ratio: 2.94 (As of Aug. 21, 2026) — 76% Above Median

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FRA:6NV Daihen Corp FRA:6NV
87 GF Score
Price €69.50
GF Value €48.16
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Daihen Cyclically Adjusted PB Ratio?

Daihen FRA:6NV 87 Cyclically Adjusted PB Ratio is 2.94 as of Aug. 21, 2026, which is 76% above its 10-year median of 1.67. GuruFocus rates FRA:6NV with a GF Score™ of 87/100 and a GF Value™ of €48.16 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 2,159 Industrial Products companies, Daihen ranks worse than 62.67% on this metric.

As of today (2026-08-21), Daihen's current share price is €69.50. Daihen's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €23.66. Daihen's Cyclically Adjusted PB Ratio for today is 2.94.

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

FRA:6NV' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.94   Med: 1.67   Max: 4.19
Current: 3.01

During the past years, Daihen's highest Cyclically Adjusted PB Ratio was 4.19. The lowest was 0.94. And the median was 1.67.

FRA:6NV's Cyclically Adjusted PB Ratio is ranked worse than
62.67% of 2159 companies
in the Industrial Products industry
Industry Median: 2.14 vs FRA:6NV: 3.01

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.

Daihen's adjusted book value per share data for the three months ended in Mar. 2026 was €35.567. 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 €23.66 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Daihen  (FRA:6NV) 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.


Daihen Cyclically Adjusted PB Ratio Related Terms


Daihen Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Daihen'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.

Daihen Cyclically Adjusted PB Ratio Chart

Daihen 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 1.49 1.39 2.66 1.59 2.56

Daihen Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 1.57 1.97 2.33 2.56 0.00

FRA:6NV vs GEV, ETN, PH: Cyclically Adjusted PB Ratio Comparison

For the Specialty Industrial Machinery subindustry, Daihen'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.


Daihen Cyclically Adjusted PB Ratio vs Industrial Products Industry

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

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


FRA:6NV
87GF Score
Daihen Corp FRA:6NV
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Daihen 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.

Daihen's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=69.50/23.66
=2.94

* 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.

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

For example, Daihen'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)
=35.567/112.7000*112.7000
=35.567

Current CPI (Mar. 2026) = 112.7000.

Daihen Quarterly Data

Book Value per Share CPI Adj_Book
201606 20.761 98.100 23.851
201609 21.166 98.000 24.341
201612 20.367 98.400 23.327
201703 23.060 98.100 26.492
201706 22.487 98.500 25.729
201709 22.068 98.800 25.173
201712 22.279 99.400 25.260
201803 23.367 99.200 26.547
201806 23.555 99.200 26.761
201809 23.486 99.900 26.495
201812 23.679 99.700 26.767
201903 24.833 99.700 28.071
201906 25.392 99.800 28.674
201909 26.648 100.100 30.002
201912 26.121 100.500 29.292
202003 27.204 100.300 30.567
202006 26.615 99.900 30.025
202009 26.787 99.900 30.219
202012 26.807 99.300 30.424
202103 28.543 99.900 32.200
202106 28.522 99.500 32.306
202109 30.052 100.100 33.835
202112 30.567 100.100 34.415
202203 31.113 101.100 34.683
202206 29.997 101.800 33.209
202209 31.142 103.100 34.042
202212 30.761 104.100 33.302
202303 32.405 104.400 34.981
202306 30.565 105.200 32.744
202309 30.705 106.200 32.584
202312 31.987 106.800 33.754
202403 33.734 107.200 35.465
202406 32.810 108.200 34.175
202409 35.210 108.900 36.439
202412 35.769 110.700 36.415
202503 35.922 111.100 36.439
202506 34.915 111.700 35.228
202509 34.825 112.000 35.043
202512 34.442 113.000 34.351
202603 35.567 112.700 35.567

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 2.94 mean?
Daihen (FRA:6NV) has a Cyclically Adjusted PB Ratio of 2.94 as of Aug. 21, 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 Daihen and its competitors. This is 76% above median its historical median of 1.67. Over the past decade, Daihen's Cyclically Adjusted PB Ratio has ranged from 0.94 to 4.19. According to the industry distribution chart, Daihen ranks #1353 out of 2159 companies in the Industrial Products industry, placing it in the top 62.7%.
Is Daihen's Cyclically Adjusted PB Ratio too high?
Daihen's current Cyclically Adjusted PB Ratio of 2.94 is 76% above median its 10-year median of 1.67. Over the past 10 years, this metric has ranged from a low of 0.94 to a high of 4.19. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.14. Daihen's value of 2.94 is 37.4% above this industry median. Based on the distribution chart, Daihen ranks #1353 out of 2159 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Daihen has a GF Score™ of 87/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Daihen's Cyclically Adjusted PB Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Daihen ranks #1353 out of 2159 companies for Cyclically Adjusted PB Ratio. This places Daihen in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.14. Daihen's value of 2.94 is 37.4% above this benchmark. Historically, Daihen's own Cyclically Adjusted PB Ratio has ranged from 0.94 to 4.19 over the past decade. While the company's 10-year median is 1.67 vs. the industry median of 2.14, Daihen has consistently been above 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 2.14, based on 2,159 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. Daihen's current Cyclically Adjusted PB Ratio of 2.94 is 37.4% above 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 Daihen and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Daihen's current Cyclically Adjusted PB Ratio is 2.94, which is 76% above median its own 10-year median of 1.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Daihen stock overvalued right now?
Based on GuruFocus' analysis, Daihen (FRA:6NV) is currently considered Significantly Overvalued. The stock's GF Value™ is €48.16, compared to a current price of €69.50 — trading 44.3% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.94, which is 76% above median its 10-year median of 1.67 and 37.4% above the Industrial Products industry median of 2.14. Daihen's overall GF Score™ is 87/100 with 4 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 Daihen (FRA:6NV), the current Cyclically Adjusted PB Ratio is 2.94 as of Aug. 21, 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 Daihen (FRA:6NV) Overvalued in 2026?

Based on GuruFocus' analysis, Daihen stock appears to be overvalued. The current stock price of €69.50 is trading 44.3% above its estimated GF Value™ of €48.16. GuruFocus considers Daihen to be Significantly Overvalued.

Key valuation signals for FRA:6NV:

  • Cyclically Adjusted PB Ratio: 2.94 (76% above median its 10-year median of 1.67)
  • GF Value™: €48.16 vs. price of €69.50 (44.3% above fair value)
  • GF Score™: 87/100 with 4 warning signs
  • Industry Position: 37.4% above the Industrial Products median (#1353 of 2159)

No single metric tells the full story. See the FRA:6NV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Daihen Business Description

Other Exchanges 6622:Japan
Address 2-1-11 Tagawa, Yodogawa-ku, Osaka, JPN, 532-8512
Daihen Corp manufactures and sales power products, welding machines, industrial robot, generators and automatic matching units for plasma applications, clean transfer robot, and wireless power transfer system. The company's subsidiaries are also engaged in manufacturing and sales of power transformers.
87GF Score

Get the complete analysis for FRA:6NV

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

€69.50
Price
€48.16
GF Value