TDK (FRA:TDKA) Cyclically Adjusted PB Ratio: 4.42 (As of Jul. 28, 2026) — 108% Above Median

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FRA:TDKA TDK Corp FRA:TDKA
84 GF Score
Price €15.20
GF Value €10.30
! 1 Warning Sign
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What is TDK Cyclically Adjusted PB Ratio?

TDK FRA:TDKA 84 Cyclically Adjusted PB Ratio is 4.42 as of Jul. 28, 2026, which is 108% above its 10-year median of 2.13. GuruFocus rates FRA:TDKA with a GF Score™ of 84/100 and a GF Value™ of €10.30. The stock has 1 warning sign investors should review. Among 1,977 Hardware companies, TDK ranks worse than 75.62% on this metric.

As of today (2026-07-28), TDK's current share price is €15.20. TDK's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €3.44. TDK's Cyclically Adjusted PB Ratio for today is 4.42.

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

FRA:TDKA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.27   Med: 2.13   Max: 5.92
Current: 4.35

During the past years, TDK's highest Cyclically Adjusted PB Ratio was 5.92. The lowest was 1.27. And the median was 2.13.

FRA:TDKA's Cyclically Adjusted PB Ratio is ranked worse than
75.62% of 1977 companies
in the Hardware industry
Industry Median: 2.02 vs FRA:TDKA: 4.35

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.

TDK's adjusted book value per share data for the three months ended in Mar. 2026 was €6.281. 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 €3.44 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


TDK  (FRA:TDKA) 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.


TDK Cyclically Adjusted PB Ratio Related Terms


TDK Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for TDK'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.

TDK Cyclically Adjusted PB Ratio Chart

TDK 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 2.11 1.94 2.73 2.48 2.83

TDK 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 2.48 2.65 3.28 3.26 2.83

FRA:TDKA vs APH, GLW, TEL: Cyclically Adjusted PB Ratio Comparison

For the Electronic Components subindustry, TDK'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.


TDK Cyclically Adjusted PB Ratio vs Hardware Industry

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

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


FRA:TDKA
84GF Score
TDK Corp FRA:TDKA
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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TDK 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=15.20/3.44
=4.42

* 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.

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

For example, TDK'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)
=6.281/112.7000*112.7000
=6.281

Current CPI (Mar. 2026) = 112.7000.

TDK Quarterly Data

Book Value per Share CPI Adj_Book
201606 2.676 98.100 3.074
201609 2.783 98.000 3.200
201612 3.109 98.400 3.561
201703 3.471 98.100 3.988
201706 3.396 98.500 3.886
201709 3.305 98.800 3.770
201712 3.412 99.400 3.869
201803 3.330 99.200 3.783
201806 3.429 99.200 3.896
201809 3.530 99.900 3.982
201812 3.571 99.700 4.037
201903 3.688 99.700 4.169
201906 3.658 99.800 4.131
201909 3.816 100.100 4.296
201912 3.948 100.500 4.427
202003 3.549 100.300 3.988
202006 3.669 99.900 4.139
202009 3.703 99.900 4.177
202012 3.763 99.300 4.271
202103 3.911 99.900 4.412
202106 4.113 99.500 4.659
202109 4.424 100.100 4.981
202112 4.809 100.100 5.414
202203 5.254 101.100 5.857
202206 5.398 101.800 5.976
202209 5.756 103.100 6.292
202212 5.382 104.100 5.827
202303 5.374 104.400 5.801
202306 5.328 105.200 5.708
202309 5.451 106.200 5.785
202312 5.404 106.800 5.703
202403 5.527 107.200 5.811
202406 5.782 108.200 6.022
202409 5.715 108.900 5.914
202412 6.193 110.700 6.305
202503 5.887 111.100 5.972
202506 5.619 111.700 5.669
202509 5.808 112.000 5.844
202512 6.042 113.000 6.026
202603 6.281 112.700 6.281

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 4.42 mean?
TDK (FRA:TDKA) has a Cyclically Adjusted PB Ratio of 4.42 as of Jul. 28, 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 TDK and its competitors. This is 108% above median its historical median of 2.13. Over the past decade, TDK's Cyclically Adjusted PB Ratio has ranged from 1.27 to 5.92. According to the industry distribution chart, TDK ranks #1495 out of 1977 companies in the Hardware industry, placing it in the top 75.6%.
Is TDK's Cyclically Adjusted PB Ratio too high?
TDK's current Cyclically Adjusted PB Ratio of 4.42 is 108% above median its 10-year median of 2.13. Over the past 10 years, this metric has ranged from a low of 1.27 to a high of 5.92. The Hardware industry median Cyclically Adjusted PB Ratio is 2.02. TDK's value of 4.42 is 118.8% above this industry median. Based on the distribution chart, TDK ranks #1495 out of 1977 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, TDK has a GF Score™ of 84/100, reflecting its overall financial health beyond just this single metric.
How does TDK's Cyclically Adjusted PB Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, TDK ranks #1495 out of 1977 companies for Cyclically Adjusted PB Ratio. This places TDK in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.02. TDK's value of 4.42 is 118.8% above this benchmark. Historically, TDK's own Cyclically Adjusted PB Ratio has ranged from 1.27 to 5.92 over the past decade. While the company's 10-year median is 2.13 vs. the industry median of 2.02, TDK 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 2.02, based on 1,977 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. TDK's current Cyclically Adjusted PB Ratio of 4.42 is 118.8% 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 TDK and its competitors. For the Hardware industry, the median Cyclically Adjusted PB Ratio is 2.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TDK's current Cyclically Adjusted PB Ratio is 4.42, which is 108% above median its own 10-year median of 2.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TDK stock overvalued right now?
TDK (FRA:TDKA) has a current Cyclically Adjusted PB Ratio of 4.42. The stock's GF Value™ is €10.30, compared to a current price of €15.20 — trading 47.6% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 4.42, which is 108% above median its 10-year median of 2.13 and 118.8% above the Hardware industry median of 2.02. TDK's overall GF Score™ is 84/100 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 TDK (FRA:TDKA), the current Cyclically Adjusted PB Ratio is 4.42 as of Jul. 28, 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 TDK (FRA:TDKA) Overvalued in 2026?

Based on GuruFocus' analysis, TDK stock appears to be overvalued. The current stock price of €15.20 is trading 47.6% above its estimated GF Value™ of €10.30.

Key valuation signals for FRA:TDKA:

  • Cyclically Adjusted PB Ratio: 4.42 (108% above median its 10-year median of 2.13)
  • GF Value™: €10.30 vs. price of €15.20 (47.6% above fair value)
  • GF Score™: 84/100 with 1 warning sign
  • Industry Position: 118.8% above the Hardware median (#1495 of 1977)

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


TDK Business Description

Address 2-5-1 Nihonbashi, Nihonbashi Takashimaya Mitsui Building, Chuo-ku, Tokyo, JPN, 103-6128
Founded in 1935, TDK has its origin in magnetic materials, being the first company to commercialize ferrite in the world, and it used to be known as one of the major cassette-tape manufacturers. TDK is now the only external supplier for magnetic recording heads for hard disk drives, and the company intends to expand its magnetic sensor business for handsets and automobiles by leveraging its expertise. It is also one of the global top suppliers of passive components for autos and polymer rechargeable batteries for smartphones. The company acquired InvenSense in 2017, making it third largest MEMS sensor company in the world.
84GF Score

Get the complete analysis for FRA:TDKA

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

€15.20
Price
€10.30
GF Value