HOIEF (Hosiden) Cyclically Adjusted PB Ratio: 1.19 (As of Sep. 02, 2026) — 29% Above Median

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HOIEF Hosiden Corp HOIEF
86 GF Score
Price $17.43
GF Value $22.49
! 4 Warning Signs
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What is Hosiden Cyclically Adjusted PB Ratio?

Hosiden HOIEF 86 Cyclically Adjusted PB Ratio is 1.19 as of Sep. 02, 2026, which is 29% above its 10-year median of 0.92. GuruFocus rates HOIEF with a GF Score™ of 86/100 and a GF Value™ of $22.49. The stock has 4 warning signs investors should review. Among 2,104 Industrial Products companies, Hosiden ranks better than 69.11% on this metric.

As of today (2026-09-02), Hosiden's current share price is $17.43. Hosiden's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was $14.60. Hosiden's Cyclically Adjusted PB Ratio for today is 1.19.

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

HOIEF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.45   Med: 0.92   Max: 1.43
Current: 1.21

During the past years, Hosiden's highest Cyclically Adjusted PB Ratio was 1.43. The lowest was 0.45. And the median was 0.92.

HOIEF's Cyclically Adjusted PB Ratio is ranked better than
69.11% of 2104 companies
in the Industrial Products industry
Industry Median: 2.16 vs HOIEF: 1.21

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.

Hosiden's adjusted book value per share data for the three months ended in Jun. 2026 was $19.459. 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 $14.60 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hosiden  (OTCPK:HOIEF) 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.


Hosiden Cyclically Adjusted PB Ratio Related Terms


Hosiden Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Hosiden'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.

Hosiden Cyclically Adjusted PB Ratio Chart

Hosiden 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 0.73 0.94 1.05 0.98 1.16

Hosiden 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 1.07 1.12 1.15 1.16 1.19

HOIEF vs VRT, BE: Cyclically Adjusted PB Ratio Comparison

For the Electrical Equipment & Parts subindustry, Hosiden'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.


Hosiden Cyclically Adjusted PB Ratio vs Industrial Products Industry

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

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


HOIEF
86GF Score
Hosiden Corp HOIEF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Hosiden 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=17.43/14.60
=1.19

* 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.

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

For example, Hosiden'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)
=19.459/113.6000*113.6000
=19.459

Current CPI (Jun. 2026) = 113.6000.

Hosiden Quarterly Data

Book Value per Share CPI Adj_Book
201609 11.496 98.000 13.326
201612 10.857 98.400 12.534
201703 11.418 98.100 13.222
201706 12.301 98.500 14.187
201709 12.936 98.800 14.874
201712 13.388 99.400 15.301
201803 13.796 99.200 15.799
201806 13.589 99.200 15.562
201809 13.893 99.900 15.798
201812 13.901 99.700 15.839
201903 14.485 99.700 16.504
201906 14.802 99.800 16.849
201909 15.407 100.100 17.485
201912 15.798 100.500 17.857
202003 16.010 100.300 18.133
202006 16.072 99.900 18.276
202009 16.832 99.900 19.140
202012 17.887 99.300 20.463
202103 17.802 99.900 20.243
202106 18.939 99.500 21.623
202109 19.521 100.100 22.154
202112 19.335 100.100 21.943
202203 18.343 101.100 20.611
202206 16.936 101.800 18.899
202209 16.394 103.100 18.064
202212 17.558 104.100 19.160
202303 17.798 104.400 19.366
202306 17.325 105.200 18.708
202309 17.220 106.200 18.420
202312 17.971 106.800 19.115
202403 17.415 107.200 18.455
202406 0.000 108.200 0.000
202409 18.727 108.900 19.535
202412 17.582 110.700 18.043
202503 18.499 111.100 18.915
202506 18.889 111.700 19.210
202509 18.981 112.000 19.252
202512 19.078 113.000 19.179
202603 19.231 112.700 19.385
202606 19.459 113.600 19.459

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 1.19 mean?
Hosiden (HOIEF) has a Cyclically Adjusted PB Ratio of 1.19 as of Sep. 02, 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 Hosiden and its competitors. This is 29% above median its historical median of 0.92. Over the past decade, Hosiden's Cyclically Adjusted PB Ratio has ranged from 0.45 to 1.43. According to the industry distribution chart, Hosiden ranks #650 out of 2104 companies in the Industrial Products industry, placing it in the top 30.9%.
Is Hosiden's Cyclically Adjusted PB Ratio too high?
Hosiden's current Cyclically Adjusted PB Ratio of 1.19 is 29% above median its 10-year median of 0.92. Over the past 10 years, this metric has ranged from a low of 0.45 to a high of 1.43. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.16. Hosiden's value of 1.19 is 44.9% below this industry median. Based on the distribution chart, Hosiden ranks #650 out of 2104 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Hosiden has a GF Score™ of 86/100, reflecting its overall financial health beyond just this single metric.
How does Hosiden's Cyclically Adjusted PB Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, Hosiden ranks #650 out of 2104 companies for Cyclically Adjusted PB Ratio. This puts Hosiden in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.16. Hosiden's value of 1.19 is 44.9% below this benchmark. Historically, Hosiden's own Cyclically Adjusted PB Ratio has ranged from 0.45 to 1.43 over the past decade. While the company's 10-year median is 0.92 vs. the industry median of 2.16, Hosiden 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 an Industrial Products company?
The median Cyclically Adjusted PB Ratio among Industrial Products companies is 2.16, based on 2,104 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. Hosiden's current Cyclically Adjusted PB Ratio of 1.19 is 44.9% 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 Hosiden and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hosiden's current Cyclically Adjusted PB Ratio is 1.19, which is 29% above median its own 10-year median of 0.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hosiden stock overvalued right now?
Hosiden (HOIEF) has a current Cyclically Adjusted PB Ratio of 1.19. The stock's GF Value™ is $22.49, compared to a current price of $17.43 — trading 22.5% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.19, which is 29% above median its 10-year median of 0.92 and 44.9% below the Industrial Products industry median of 2.16. Hosiden's overall GF Score™ is 86/100 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 Hosiden (HOIEF), the current Cyclically Adjusted PB Ratio is 1.19 as of Sep. 02, 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 Hosiden (HOIEF) Overvalued in 2026?

Based on GuruFocus' analysis, Hosiden stock appears to be undervalued. The current stock price of $17.43 is trading 22.5% below its estimated GF Value™ of $22.49.

Key valuation signals for HOIEF:

  • Cyclically Adjusted PB Ratio: 1.19 (29% above median its 10-year median of 0.92)
  • GF Value™: $22.49 vs. price of $17.43 (22.5% below fair value)
  • GF Score™: 86/100 with 4 warning signs
  • Industry Position: 44.9% below the Industrial Products median (#650 of 2104)

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


Hosiden Business Description

Other Exchanges 6804:JapanHOD:Germany
Address 4-33, Kitakyuhoji 1-Chome, Yao-City, Osaka, JPN, 581-0071
Hosiden Corp is a Japanese electronic parts and equipment manufacturer. The company offers its product through four segments, Electromechanical Components, Acoustic Components, Display Components, and Allied Equipment and Others. Its product portfolio includes connector, switch, acoustic parts, and touch panel that are also used in various electronic devices. It derives the majority of its revenues from its Electromechanical Components segment which mainly includes electrical parts.
86GF Score

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

$17.43
Price
$22.49
GF Value