Fanuc (HAM:FUC) Cyclically Adjusted PB Ratio: 3.64 (As of Jul. 30, 2026) — 15% Above Median

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HAM:FUC Fanuc Corp HAM:FUC
86 GF Score
Price €34.87
GF Value €25.58
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Fanuc Cyclically Adjusted PB Ratio?

Fanuc HAM:FUC -0.34% 86 Cyclically Adjusted PB Ratio is 3.64 as of Jul. 30, 2026, which is 15% above its 10-year median of 3.16. GuruFocus rates HAM:FUC with a GF Score™ of 86/100 and a GF Value™ of €25.58 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 2,268 Industrial Products companies, Fanuc ranks worse than 71.6% on this metric.

As of today (2026-07-30), Fanuc's current share price is €34.87. Fanuc's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €9.57. Fanuc's Cyclically Adjusted PB Ratio for today is 3.64.

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

HAM:FUC' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.87   Med: 3.16   Max: 5.44
Current: 3.82

During the past years, Fanuc's highest Cyclically Adjusted PB Ratio was 5.44. The lowest was 1.87. And the median was 3.16.

HAM:FUC's Cyclically Adjusted PB Ratio is ranked worse than
71.6% of 2268 companies
in the Industrial Products industry
Industry Median: 2.1 vs HAM:FUC: 3.82

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.

Fanuc's adjusted book value per share data for the three months ended in Mar. 2026 was €10.894. 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 €9.57 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fanuc  (HAM:FUC) 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.


Fanuc Cyclically Adjusted PB Ratio Related Terms


Fanuc Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Fanuc'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.

Fanuc Cyclically Adjusted PB Ratio Chart

Fanuc 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 3.04 3.13 2.60 2.39 3.06

Fanuc 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 2.39 2.31 2.49 3.52 3.06

HAM:FUC vs GEV, ETN, PH: Cyclically Adjusted PB Ratio Comparison

For the Specialty Industrial Machinery subindustry, Fanuc'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.


Fanuc Cyclically Adjusted PB Ratio vs Industrial Products Industry

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

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


HAM:FUC
86GF Score
Fanuc Corp HAM:FUC
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Fanuc 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=34.87/9.57
=3.64

* 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.

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

For example, Fanuc'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)
=10.894/112.7000*112.7000
=10.894

Current CPI (Mar. 2026) = 112.7000.

Fanuc Quarterly Data

Book Value per Share CPI Adj_Book
201606 11.164 98.100 12.826
201609 11.819 98.000 13.592
201612 11.241 98.400 12.875
201703 11.645 98.100 13.378
201706 11.326 98.500 12.959
201709 11.113 98.800 12.676
201712 11.068 99.400 12.549
201803 11.533 99.200 13.103
201806 11.615 99.200 13.196
201809 11.779 99.900 13.288
201812 11.398 99.700 12.884
201903 11.813 99.700 13.353
201906 11.412 99.800 12.887
201909 11.836 100.100 13.326
201912 11.587 100.500 12.994
202003 11.876 100.300 13.344
202006 11.609 99.900 13.096
202009 11.487 99.900 12.959
202012 11.470 99.300 13.018
202103 11.613 99.900 13.101
202106 11.262 99.500 12.756
202109 11.837 100.100 13.327
202112 11.948 100.100 13.452
202203 12.262 101.100 13.669
202206 11.538 101.800 12.773
202209 11.917 103.100 13.027
202212 11.613 104.100 12.572
202303 11.845 104.400 12.787
202306 11.165 105.200 11.961
202309 11.153 106.200 11.836
202312 11.030 106.800 11.639
202403 11.075 107.200 11.643
202406 10.777 108.200 11.225
202409 11.358 108.900 11.754
202412 11.238 110.700 11.441
202503 11.467 111.100 11.632
202506 11.008 111.700 11.107
202509 10.932 112.000 11.000
202512 10.538 113.000 10.510
202603 10.894 112.700 10.894

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 3.64 mean?
Fanuc (HAM:FUC) has a Cyclically Adjusted PB Ratio of 3.64 as of Jul. 30, 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 Fanuc and its competitors. This is 15% above median its historical median of 3.16. Over the past decade, Fanuc's Cyclically Adjusted PB Ratio has ranged from 1.87 to 5.44. According to the industry distribution chart, Fanuc ranks #1624 out of 2268 companies in the Industrial Products industry, placing it in the top 71.6%.
Is Fanuc's Cyclically Adjusted PB Ratio too high?
Fanuc's current Cyclically Adjusted PB Ratio of 3.64 is 15% above median its 10-year median of 3.16. Over the past 10 years, this metric has ranged from a low of 1.87 to a high of 5.44. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.10. Fanuc's value of 3.64 is 73.3% above this industry median. Based on the distribution chart, Fanuc ranks #1624 out of 2268 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Fanuc has a GF Score™ of 86/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Fanuc's Cyclically Adjusted PB Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Fanuc ranks #1624 out of 2268 companies for Cyclically Adjusted PB Ratio. This places Fanuc in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.10. Fanuc's value of 3.64 is 73.3% above this benchmark. Historically, Fanuc's own Cyclically Adjusted PB Ratio has ranged from 1.87 to 5.44 over the past decade. While the company's 10-year median is 3.16 vs. the industry median of 2.10, Fanuc 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 2.10, based on 2,268 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. Fanuc's current Cyclically Adjusted PB Ratio of 3.64 is 73.3% 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 Fanuc and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fanuc's current Cyclically Adjusted PB Ratio is 3.64, which is 15% above median its own 10-year median of 3.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fanuc stock overvalued right now?
Based on GuruFocus' analysis, Fanuc (HAM:FUC) is currently considered Significantly Overvalued. The stock's GF Value™ is €25.58, compared to a current price of €34.87 — trading 36.3% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 3.64, which is 15% above median its 10-year median of 3.16 and 73.3% above the Industrial Products industry median of 2.10. Fanuc's overall GF Score™ is 86/100 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 Fanuc (HAM:FUC), the current Cyclically Adjusted PB Ratio is 3.64 as of Jul. 30, 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 Fanuc (HAM:FUC) Overvalued in 2026?

Based on GuruFocus' analysis, Fanuc stock appears to be overvalued. The current stock price of €34.87 is trading 36.3% above its estimated GF Value™ of €25.58. GuruFocus considers Fanuc to be Significantly Overvalued.

Key valuation signals for HAM:FUC:

  • Cyclically Adjusted PB Ratio: 3.64 (15% above median its 10-year median of 3.16)
  • GF Value™: €25.58 vs. price of €34.87 (36.3% above fair value)
  • GF Score™: 86/100 with 1 warning sign
  • Industry Position: 73.3% above the Industrial Products median (#1624 of 2268)

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


Fanuc Business Description

Address 3580 Furubaba, Oshino Village, Minamitsuru District, Yamanashi, JPN, 401-0597
Fanuc's primary products include industrial robots, computerized numerical control systems (CNC), and compact machining centers (Robodrills) globally. The company had its beginnings as part of Fujitsu developing early numerical control systems and commands the top global market share with its CNC systems and industrial robots.
86GF Score

Get the complete analysis for HAM:FUC

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

€34.87
Price
€25.58
GF Value