RION Co (FRA:G73) Cyclically Adjusted PB Ratio: 1.59 (As of Aug. 12, 2026) — Near Median

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FRA:G73 RION Co Ltd FRA:G73
89 GF Score
Price €18.50
GF Value €14.40
! 1 Warning Sign
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What is RION Co Cyclically Adjusted PB Ratio?

RION Co FRA:G73 -0.54% 89 Cyclically Adjusted PB Ratio is 1.59 as of Aug. 12, 2026, which is 4% above its 10-year median of 1.53. GuruFocus rates FRA:G73 with a GF Score™ of 89/100 and a GF Value™ of €14.40. The stock has 1 warning sign investors should review. Among 519 Medical Devices & Instruments companies, RION Co ranks better than 55.3% on this metric.

As of today (2026-08-12), RION Co's current share price is €18.50. RION Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €11.61. RION Co's Cyclically Adjusted PB Ratio for today is 1.59.

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

FRA:G73' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.04   Med: 1.53   Max: 2.85
Current: 1.6

During the past years, RION Co's highest Cyclically Adjusted PB Ratio was 2.85. The lowest was 1.04. And the median was 1.53.

FRA:G73's Cyclically Adjusted PB Ratio is ranked better than
55.3% of 519 companies
in the Medical Devices & Instruments industry
Industry Median: 1.86 vs FRA:G73: 1.60

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.

RION Co's adjusted book value per share data for the three months ended in Mar. 2026 was €15.387. 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 €11.61 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


RION Co  (FRA:G73) 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.


RION Co Cyclically Adjusted PB Ratio Related Terms


RION Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for RION 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.

RION Co Cyclically Adjusted PB Ratio Chart

RION 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 1.51 1.14 1.64 1.22 1.26

RION Co 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 1.27 1.27 1.23 1.26 0.00

FRA:G73 vs ABT, SYK, MDT: Cyclically Adjusted PB Ratio Comparison

For the Medical Devices subindustry, RION 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.


RION Co Cyclically Adjusted PB Ratio vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, RION Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FRA:G73
89GF Score
RION Co Ltd FRA:G73
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

RION 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=18.50/11.61
=1.59

* 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.

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

For example, RION 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)
=15.387/112.7000*112.7000
=15.387

Current CPI (Mar. 2026) = 112.7000.

RION Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 11.635 98.100 13.367
201609 12.291 98.000 14.135
201612 11.614 98.400 13.302
201703 12.115 98.100 13.918
201706 11.827 98.500 13.532
201709 11.428 98.800 13.036
201712 11.594 99.400 13.145
201803 12.192 99.200 13.851
201806 12.519 99.200 14.223
201809 12.531 99.900 14.137
201812 12.974 99.700 14.666
201903 13.648 99.700 15.428
201906 14.187 99.800 16.021
201909 15.057 100.100 16.952
201912 14.776 100.500 16.570
202003 15.221 100.300 17.103
202006 15.013 99.900 16.937
202009 14.942 99.900 16.856
202012 14.902 99.300 16.913
202103 14.924 99.900 16.836
202106 14.607 99.500 16.545
202109 15.155 100.100 17.063
202112 15.540 100.100 17.496
202203 15.754 101.100 17.562
202206 14.465 101.800 16.014
202209 14.661 103.100 16.026
202212 14.767 104.100 15.987
202303 15.116 104.400 16.318
202306 14.339 105.200 15.361
202309 14.224 106.200 15.095
202312 14.544 106.800 15.347
202403 14.571 107.200 15.319
202406 13.984 108.200 14.566
202409 15.400 108.900 15.937
202412 15.385 110.700 15.663
202503 17.532 111.100 17.784
202506 15.401 111.700 15.539
202509 15.218 112.000 15.313
202512 14.692 113.000 14.653
202603 15.387 112.700 15.387

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 1.59 mean?
RION Co (FRA:G73) has a Cyclically Adjusted PB Ratio of 1.59 as of Aug. 12, 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 RION Co and its competitors. This is near median its historical median of 1.53. Over the past decade, RION Co's Cyclically Adjusted PB Ratio has ranged from 1.04 to 2.85. According to the industry distribution chart, RION Co ranks #232 out of 519 companies in the Medical Devices & Instruments industry, placing it in the top 44.7%.
Is RION Co's Cyclically Adjusted PB Ratio too high?
RION Co's current Cyclically Adjusted PB Ratio of 1.59 is near median its 10-year median of 1.53. Over the past 10 years, this metric has ranged from a low of 1.04 to a high of 2.85. The Medical Devices & Instruments industry median Cyclically Adjusted PB Ratio is 1.86. RION Co's value of 1.59 is 14.5% below this industry median. Based on the distribution chart, RION Co ranks #232 out of 519 companies in the Medical Devices & Instruments industry, which is above the industry midpoint. Overall, RION Co has a GF Score™ of 89/100, reflecting its overall financial health beyond just this single metric.
How does RION Co's Cyclically Adjusted PB Ratio compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, RION Co ranks #232 out of 519 companies for Cyclically Adjusted PB Ratio. This puts RION Co in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.86. RION Co's value of 1.59 is 14.5% below this benchmark. Historically, RION Co's own Cyclically Adjusted PB Ratio has ranged from 1.04 to 2.85 over the past decade. While the company's 10-year median is 1.53 vs. the industry median of 1.86, RION 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 a Medical Devices & Instruments company?
The median Cyclically Adjusted PB Ratio among Medical Devices & Instruments companies is 1.86, based on 519 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. RION Co's current Cyclically Adjusted PB Ratio of 1.59 is 14.5% 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 RION Co and its competitors. For the Medical Devices & Instruments industry, the median Cyclically Adjusted PB Ratio is 1.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. RION Co's current Cyclically Adjusted PB Ratio is 1.59, which is near median its own 10-year median of 1.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is RION Co stock overvalued right now?
RION Co (FRA:G73) has a current Cyclically Adjusted PB Ratio of 1.59. The stock's GF Value™ is €14.40, compared to a current price of €18.50 — trading 28.5% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.59, which is near median its 10-year median of 1.53 and 14.5% below the Medical Devices & Instruments industry median of 1.86. RION Co's overall GF Score™ is 89/100 with 1 warning sign 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 RION Co (FRA:G73), the current Cyclically Adjusted PB Ratio is 1.59 as of Aug. 12, 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 RION Co (FRA:G73) Overvalued in 2026?

Based on GuruFocus' analysis, RION Co stock appears to be overvalued. The current stock price of €18.50 is trading 28.5% above its estimated GF Value™ of €14.40.

Key valuation signals for FRA:G73:

  • Cyclically Adjusted PB Ratio: 1.59 (near median its 10-year median of 1.53)
  • GF Value™: €14.40 vs. price of €18.50 (28.5% above fair value)
  • GF Score™: 89/100 with 1 warning sign
  • Industry Position: 14.5% below the Medical Devices & Instruments median (#232 of 519)

No single metric tells the full story. See the FRA:G73 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


RION Co Business Description

Other Exchanges 6823:Japan
Address 3-20-41 Higashimotomachi, Kokubunji, Tokyo, JPN, 185-8533
RION Co Ltd is engaged in manufacturing and selling of maintenance services of a medical device. The company offers hearing instruments and medical equipment, an environmental device including sound and vibration measuring instruments and particle counters and parts and equipment.
89GF Score

Get the complete analysis for FRA:G73

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

€18.50
Price
€14.40
GF Value