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Shibaura MechatronicsFRA:GW4 +1.74%85 Cyclically Adjusted PB Ratio is 10.22 as of Aug. 16, 2026, which is 335% above its 10-year median of 2.35. GuruFocus rates FRA:GW4 with a GF Score™ of 85/100 and a GF Value™ of €11.93. Among 1,963 Hardware companies, Shibaura Mechatronics ranks worse than 91.29% on this metric.
The historical rank and industry rank for Shibaura Mechatronics's Cyclically Adjusted PB Ratio or its related term are showing as below:
FRA:GW4'
s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.6 Med: 2.35 Max: 13.88
Current: 10.41
During the past years, Shibaura Mechatronics's highest Cyclically Adjusted PB Ratio was 13.88. The lowest was 0.60. And the median was 2.35.
FRA:GW4's Cyclically Adjusted PB Ratio is ranked worse than 91.29% of 1963
companies
in the Hardware industry
Industry Median: 2.08
vs FRA:GW4: 10.41
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.
Shibaura Mechatronics's adjusted book value per share data for the three months ended in Mar. 2026 was €4.617. 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 €2.29 for the trailing ten years ended in Mar. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Shibaura Mechatronics (FRA:GW4) 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.
Shibaura Mechatronics Cyclically Adjusted PB Ratio Related Terms
Shibaura Mechatronics Cyclically Adjusted PB Ratio Historical Data
* Premium members only.
The historical data trend for Shibaura Mechatronics'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.
Shibaura Mechatronics Cyclically Adjusted PB Ratio Chart
FRA:GW4 vs APH, GLW, TEL: Cyclically Adjusted PB Ratio Comparison
For the Electronic Components subindustry, Shibaura Mechatronics'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.
Shibaura Mechatronics Cyclically Adjusted PB Ratio vs Hardware Industry
For the Hardware industry and Technology sector, Shibaura Mechatronics's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where Shibaura Mechatronics's Cyclically Adjusted PB Ratio falls into.
Shibaura Mechatronics 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.
* 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.
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 10.22 mean?
Shibaura Mechatronics (FRA:GW4) has a Cyclically Adjusted PB Ratio of 10.22 as of Aug. 16, 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 Shibaura Mechatronics and its competitors. This is 335% above median its historical median of 2.35. Over the past decade, Shibaura Mechatronics' Cyclically Adjusted PB Ratio has ranged from 0.60 to 13.88. According to the industry distribution chart, Shibaura Mechatronics ranks #1792 out of 1963 companies in the Hardware industry, placing it in the top 91.3%.
Is Shibaura Mechatronics' Cyclically Adjusted PB Ratio too high?
Shibaura Mechatronics' current Cyclically Adjusted PB Ratio of 10.22 is 335% above median its 10-year median of 2.35. Over the past 10 years, this metric has ranged from a low of 0.60 to a high of 13.88. The Hardware industry median Cyclically Adjusted PB Ratio is 2.08. Shibaura Mechatronics' value of 10.22 is 391.3% above this industry median. Based on the distribution chart, Shibaura Mechatronics ranks #1792 out of 1963 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Shibaura Mechatronics has a GF Score™ of 85/100, reflecting its overall financial health beyond just this single metric.
How does Shibaura Mechatronics' Cyclically Adjusted PB Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, Shibaura Mechatronics ranks #1792 out of 1963 companies for Cyclically Adjusted PB Ratio. This places Shibaura Mechatronics in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.08. Shibaura Mechatronics' value of 10.22 is 391.3% above this benchmark. Historically, Shibaura Mechatronics' own Cyclically Adjusted PB Ratio has ranged from 0.60 to 13.88 over the past decade. While the company's 10-year median is 2.35 vs. the industry median of 2.08, Shibaura Mechatronics 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 a Hardware company?
The median Cyclically Adjusted PB Ratio among Hardware companies is 2.08, based on 1,963 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. Shibaura Mechatronics's current Cyclically Adjusted PB Ratio of 10.22 is 391.3% 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 Shibaura Mechatronics and its competitors. For the Hardware industry, the median Cyclically Adjusted PB Ratio is 2.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shibaura Mechatronics's current Cyclically Adjusted PB Ratio is 10.22, which is 335% above median its own 10-year median of 2.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shibaura Mechatronics stock overvalued right now?
Shibaura Mechatronics (FRA:GW4) has a current Cyclically Adjusted PB Ratio of 10.22. The stock's GF Value™ is €11.93, compared to a current price of €23.40 — trading 96.1% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 10.22, which is 335% above median its 10-year median of 2.35 and 391.3% above the Hardware industry median of 2.08. Shibaura Mechatronics' overall GF Score™ is 85/100. 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 Shibaura Mechatronics (FRA:GW4), the current Cyclically Adjusted PB Ratio is 10.22 as of Aug. 16, 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 Shibaura Mechatronics (FRA:GW4) Overvalued in 2026?
Based on GuruFocus' analysis, Shibaura Mechatronics stock appears to be overvalued.
The current stock price of €23.40 is trading 96.1% above its estimated GF Value™ of €11.93.
Key valuation signals for FRA:GW4:
Cyclically Adjusted PB Ratio: 10.22 (335% above median its 10-year median of 2.35)
GF Value™: €11.93 vs. price of €23.40 (96.1% above fair value)
Industry Position: 391.3% above the Hardware median (#1792 of 1963)
No single metric tells the full story. See the FRA:GW4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shibaura Mechatronics Corp is engaged in the manufacturing and sales of semiconductor manufacturing equipment, FPD manufacturing equipment, vacuum equipment, laser equipment, and ticket vending machines, as well as providing maintenance services and maintaining and upkeeping factory buildings and other facilities. The group's reportable segments are Fine Mechatronics, Mechatronics Systems, Distribution Equipment Systems, and Real Estate Leasing. The majority of its revenue is generated from the Fine Mechatronics segment, which manufactures semiconductor manufacturing equipment, FPD manufacturing equipment, inkjet tablet printing equipment, laser application equipment, microwave application equipment, vacuum pumps, etc.
85GF Score
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