Canon (FSE:7751) Cyclically Adjusted PB Ratio: 1.29 (As of Aug. 09, 2026) — Near Median

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FSE:7751 Canon Inc FSE:7751
77 GF Score
Price 円4,030.00
GF Value 円3,466.89
! 4 Warning Signs
View Full Analysis

What is Canon Cyclically Adjusted PB Ratio?

Canon FSE:7751 77 Cyclically Adjusted PB Ratio is 1.29 as of Aug. 09, 2026, which is 1% below its 10-year median of 1.30. GuruFocus rates FSE:7751 with a GF Score™ of 77/100 and a GF Value™ of 円3,466.89. The stock has 4 warning signs investors should review. Among 1,967 Hardware companies, Canon ranks better than 60.45% on this metric.

As of today (2026-08-09), Canon's current share price is 円4030.00. Canon's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was 円3,132.67. Canon's Cyclically Adjusted PB Ratio for today is 1.29.

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

FSE:7751' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.66   Med: 1.3   Max: 1.83
Current: 1.44

During the past years, Canon's highest Cyclically Adjusted PB Ratio was 1.83. The lowest was 0.66. And the median was 1.30.

FSE:7751's Cyclically Adjusted PB Ratio is ranked better than
60.45% of 1967 companies
in the Hardware industry
Industry Median: 2.09 vs FSE:7751: 1.44

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.

Canon's adjusted book value per share data for the three months ended in Jun. 2026 was 円4,016.716. 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 円3,132.67 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Canon  (FSE:7751) 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.


Canon Cyclically Adjusted PB Ratio Related Terms


Canon Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Canon'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.

Canon Cyclically Adjusted PB Ratio Chart

Canon 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 1.09 1.05 1.27 1.70 1.47

Canon 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 1.36 1.40 1.47 1.37 1.29

FSE:7751 vs DELL, ANET, SNDK: Cyclically Adjusted PB Ratio Comparison

For the Computer Hardware subindustry, Canon'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.


Canon Cyclically Adjusted PB Ratio vs Hardware Industry

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

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


FSE:7751
77GF Score
Canon Inc FSE:7751
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Canon 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4030.00/3132.67
=1.29

* 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.

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

For example, Canon's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=4016.716/113.6000*113.6000
=4,016.716

Current CPI (Jun. 2026) = 113.6000.

Canon Quarterly Data

Book Value per Share CPI Adj_Book
201609 2,401.065 98.000 2,783.275
201612 2,548.494 98.400 2,942.164
201703 2,488.294 98.100 2,881.450
201706 2,570.145 98.500 2,964.147
201709 2,586.319 98.800 2,973.743
201712 2,658.591 99.400 3,038.390
201803 2,540.225 99.200 2,908.967
201806 2,618.813 99.200 2,998.963
201809 2,632.911 99.900 2,993.981
201812 2,618.756 99.700 2,983.858
201903 2,558.543 99.700 2,915.251
201906 2,543.626 99.800 2,895.350
201909 2,458.856 100.100 2,790.470
201912 2,524.356 100.500 2,853.401
202003 2,410.669 100.300 2,730.329
202006 2,414.529 99.900 2,745.651
202009 2,390.774 99.900 2,718.638
202012 2,462.321 99.300 2,816.915
202103 2,553.361 99.900 2,903.522
202106 2,625.254 99.500 2,997.275
202109 2,620.137 100.100 2,973.502
202112 2,747.992 100.100 3,118.600
202203 2,841.894 101.100 3,193.266
202206 3,041.630 101.800 3,394.196
202209 3,031.246 103.100 3,339.957
202212 3,065.549 104.100 3,345.306
202303 3,094.573 104.400 3,367.275
202306 3,304.233 105.200 3,568.069
202309 3,331.854 106.200 3,564.017
202312 3,394.438 106.800 3,610.563
202403 3,468.421 107.200 3,675.491
202406 3,674.894 108.200 3,858.299
202409 3,449.147 108.900 3,598.008
202412 3,580.828 110.700 3,674.635
202503 3,479.440 111.100 3,557.735
202506 3,560.929 111.700 3,621.500
202509 3,601.094 112.000 3,652.538
202512 3,974.173 113.000 3,995.275
202603 3,952.496 112.700 3,984.060
202606 4,016.716 113.600 4,016.716

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 1.29 mean?
Canon (FSE:7751) has a Cyclically Adjusted PB Ratio of 1.29 as of Aug. 09, 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 Canon and its competitors. This is near median its historical median of 1.30. Over the past decade, Canon's Cyclically Adjusted PB Ratio has ranged from 0.66 to 1.83. According to the industry distribution chart, Canon ranks #778 out of 1967 companies in the Hardware industry, placing it in the top 39.6%.
Is Canon's Cyclically Adjusted PB Ratio too high?
Canon's current Cyclically Adjusted PB Ratio of 1.29 is near median its 10-year median of 1.30. Over the past 10 years, this metric has ranged from a low of 0.66 to a high of 1.83. The Hardware industry median Cyclically Adjusted PB Ratio is 2.09. Canon's value of 1.29 is 38.3% below this industry median. Based on the distribution chart, Canon ranks #778 out of 1967 companies in the Hardware industry, which is above the industry midpoint. Overall, Canon has a GF Score™ of 77/100, reflecting its overall financial health beyond just this single metric.
How does Canon's Cyclically Adjusted PB Ratio compare to DELL and ANET?
According to the Hardware industry distribution chart, Canon ranks #778 out of 1967 companies for Cyclically Adjusted PB Ratio. This puts Canon in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.09. Canon's value of 1.29 is 38.3% below this benchmark. Historically, Canon's own Cyclically Adjusted PB Ratio has ranged from 0.66 to 1.83 over the past decade. While the company's 10-year median is 1.30 vs. the industry median of 2.09, Canon 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 Hardware company?
The median Cyclically Adjusted PB Ratio among Hardware companies is 2.09, based on 1,967 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. Canon's current Cyclically Adjusted PB Ratio of 1.29 is 38.3% 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 Canon and its competitors. For the Hardware industry, the median Cyclically Adjusted PB Ratio is 2.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Canon's current Cyclically Adjusted PB Ratio is 1.29, which is near median its own 10-year median of 1.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Canon stock overvalued right now?
Canon (FSE:7751) has a current Cyclically Adjusted PB Ratio of 1.29. The stock's GF Value™ is 円3,466.89, compared to a current price of 円4,030.00 — trading 16.2% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.29, which is near median its 10-year median of 1.30 and 38.3% below the Hardware industry median of 2.09. Canon's overall GF Score™ is 77/100 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 Canon (FSE:7751), the current Cyclically Adjusted PB Ratio is 1.29 as of Aug. 09, 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 Canon (FSE:7751) Overvalued in 2026?

Based on GuruFocus' analysis, Canon stock appears to be overvalued. The current stock price of 円4,030.00 is trading 16.2% above its estimated GF Value™ of 円3,466.89.

Key valuation signals for FSE:7751:

  • Cyclically Adjusted PB Ratio: 1.29 (near median its 10-year median of 1.30)
  • GF Value™: 円3,466.89 vs. price of 円4,030.00 (16.2% above fair value)
  • GF Score™: 77/100 with 4 warning signs
  • Industry Position: 38.3% below the Hardware median (#778 of 1967)

No single metric tells the full story. See the FSE:7751 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Canon Business Description

Address 30-2, Shimomaruko 3-Chome, Ota-ku, Tokyo, JPN, 146-8501
Canon Inc designs, manufactures, and distributes an extensive range of consumer and electronic products, including copiers, cameras, lenses, and inkjet printers. The company operates five business segments: printing, imaging, medical, industrial, and others. It generates maximum revenue from the printing segment. Printing Business Unit includes Office multifunction devices (MFDs), Document solutions, Laser multifunction printers (MFPs), Laser printers, Inkjet printers, Image scanners, Calculators, Digital continuous feed presses, Digital sheet-fed presses, and Large format printers.
77GF Score

Get the complete analysis for FSE:7751

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

円4,030.00
Price
円3,466.89
GF Value