HROEY (Hirose Electric Co) Cyclically Adjusted PB Ratio: 2.87 (As of Jul. 11, 2026) — 50% Above Median


HROEY Hirose Electric Co Ltd HROEY
82 GF Score
Price $19.41
GF Value $15.52
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Hirose Electric Co Cyclically Adjusted PB Ratio?

Hirose Electric Co HROEY 82 Cyclically Adjusted PB Ratio is 2.87 as of Jul. 11, 2026, which is 50% above its 10-year median of 1.91. GuruFocus rates HROEY with a GF Score™ of 82/100 and a GF Value™ of $15.52 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,982 Hardware companies, Hirose Electric Co ranks worse than 57.82% on this metric.

As of today (2026-07-11), Hirose Electric Co's current share price is $19.405. Hirose Electric Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $6.75. Hirose Electric Co's Cyclically Adjusted PB Ratio for today is 2.87.

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

HROEY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.25   Med: 1.91   Max: 2.87
Current: 2.68

During the past years, Hirose Electric Co's highest Cyclically Adjusted PB Ratio was 2.87. The lowest was 1.25. And the median was 1.91.

HROEY's Cyclically Adjusted PB Ratio is ranked worse than
57.82% of 1982 companies
in the Hardware industry
Industry Median: 2.215 vs HROEY: 2.68

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.

Hirose Electric Co's adjusted book value per share data for the three months ended in Mar. 2026 was $7.281. 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 $6.75 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hirose Electric Co  (OTCPK:HROEY) 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.


Hirose Electric Co Cyclically Adjusted PB Ratio Related Terms


Hirose Electric Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Hirose Electric Co'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.

Hirose Electric Co Cyclically Adjusted PB Ratio Chart

Hirose Electric Co 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 2.13 1.93 1.63 1.72 1.95

Hirose Electric Co 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 1.72 1.73 1.81 1.68 1.95

HROEY vs APH, GLW: Cyclically Adjusted PB Ratio Comparison

For the Electronic Components subindustry, Hirose Electric Co'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.


Hirose Electric Co Cyclically Adjusted PB Ratio vs Hardware Industry

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

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


HROEY
82GF Score
Hirose Electric Co Ltd HROEY
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hirose Electric Co 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.

Hirose Electric Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=19.405/6.75
=2.87

* 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.

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

For example, Hirose Electric Co'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)
=7.281/112.7000*112.7000
=7.281

Current CPI (Mar. 2026) = 112.7000.

Hirose Electric Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 7.598 98.100 8.729
201609 8.011 98.000 9.213
201612 7.164 98.400 8.205
201703 7.541 98.100 8.663
201706 7.700 98.500 8.810
201709 7.894 98.800 9.005
201712 7.764 99.400 8.803
201803 8.245 99.200 9.367
201806 8.200 99.200 9.316
201809 8.265 99.900 9.324
201812 7.466 99.700 8.440
201903 7.583 99.700 8.572
201906 7.735 99.800 8.735
201909 7.840 100.100 8.827
201912 7.763 100.500 8.705
202003 7.840 100.300 8.809
202006 7.920 99.900 8.935
202009 8.186 99.900 9.235
202012 8.452 99.300 9.593
202103 8.268 99.900 9.327
202106 7.860 99.500 8.903
202109 8.253 100.100 9.292
202112 8.142 100.100 9.167
202203 8.159 101.100 9.095
202206 7.259 101.800 8.036
202209 6.991 103.100 7.642
202212 7.412 104.100 8.024
202303 7.603 104.400 8.207
202306 7.328 105.200 7.850
202309 7.187 106.200 7.627
202312 7.283 106.800 7.685
202403 7.185 107.200 7.554
202406 0.000 108.200 0.000
202409 7.652 108.900 7.919
202412 7.223 110.700 7.353
202503 7.339 111.100 7.445
202506 7.653 111.700 7.722
202509 7.621 112.000 7.669
202512 7.333 113.000 7.314
202603 7.281 112.700 7.281

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 2.87 mean?
Hirose Electric Co (HROEY) has a Cyclically Adjusted PB Ratio of 2.87 as of Jul. 11, 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 Hirose Electric Co and its competitors. This is 50% above median its historical median of 1.91. Over the past decade, Hirose Electric Co's Cyclically Adjusted PB Ratio has ranged from 1.25 to 2.87. According to the industry distribution chart, Hirose Electric Co ranks #1146 out of 1982 companies in the Hardware industry, placing it in the top 57.8%.
Is Hirose Electric Co's Cyclically Adjusted PB Ratio too high?
Hirose Electric Co's current Cyclically Adjusted PB Ratio of 2.87 is 50% above median its 10-year median of 1.91. Over the past 10 years, this metric has ranged from a low of 1.25 to a high of 2.87. The Hardware industry median Cyclically Adjusted PB Ratio is 2.22. Hirose Electric Co's value of 2.87 is 29.6% above this industry median. Based on the distribution chart, Hirose Electric Co ranks #1146 out of 1982 companies in the Hardware industry, which is below the industry midpoint. Overall, Hirose Electric Co has a GF Score™ of 82/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hirose Electric Co's Cyclically Adjusted PB Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, Hirose Electric Co ranks #1146 out of 1982 companies for Cyclically Adjusted PB Ratio. This places Hirose Electric Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.22. Hirose Electric Co's value of 2.87 is 29.6% above this benchmark. Historically, Hirose Electric Co's own Cyclically Adjusted PB Ratio has ranged from 1.25 to 2.87 over the past decade. While the company's 10-year median is 1.91 vs. the industry median of 2.22, Hirose Electric Co 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 2.22, based on 1,982 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. Hirose Electric Co's current Cyclically Adjusted PB Ratio of 2.87 is 29.6% 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 Hirose Electric Co and its competitors. For the Hardware industry, the median Cyclically Adjusted PB Ratio is 2.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hirose Electric Co's current Cyclically Adjusted PB Ratio is 2.87, which is 50% above median its own 10-year median of 1.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hirose Electric Co stock overvalued right now?
Based on GuruFocus' analysis, Hirose Electric Co (HROEY) is currently considered Significantly Overvalued. The stock's GF Value™ is $15.52, compared to a current price of $19.41 — trading 25% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.87, which is 50% above median its 10-year median of 1.91 and 29.6% above the Hardware industry median of 2.22. Hirose Electric Co's overall GF Score™ is 82/100 with 6 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 Hirose Electric Co (HROEY), the current Cyclically Adjusted PB Ratio is 2.87 as of Jul. 11, 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 Hirose Electric Co (HROEY) Overvalued in 2026?

Based on GuruFocus' analysis, Hirose Electric Co stock appears to be overvalued. The current stock price of $19.41 is trading 25% above its estimated GF Value™ of $15.52. GuruFocus considers Hirose Electric Co to be Significantly Overvalued.

Key valuation signals for HROEY:

  • Cyclically Adjusted PB Ratio: 2.87 (50% above median its 10-year median of 1.91)
  • GF Value™: $15.52 vs. price of $19.41 (25% above fair value)
  • GF Score™: 82/100 with 6 warning signs
  • Industry Position: 29.6% above the Hardware median (#1146 of 1982)

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


Hirose Electric Co Business Description

Other Exchanges 6806:Japan
Address 2-6-3 Nakagawa Chuoh, Tsuzuki-ku, Kanagawa Prefecture, Yokohama, JPN, 224-8540
Hirose Electric Co Ltd is engaged in the production and sale of connectors and related products. The company's operations are organized into two reportable segments: Multipole connectors and Coaxial connectors. Multipole connectors include circular, rectangular, ribbon cable, printed circuit board, and flexible printed circuit connectors, while Coaxial connectors are high-performance connectors for high-frequency and optical signal transmission. It generates the majority of its revenue from the Multipole connector segment.
82GF Score

Get the complete analysis for HROEY

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

$19.41
Price
$15.52
GF Value