IBIDY (Ibiden Co) Cyclically Adjusted PB Ratio: 10.74 (As of Jul. 17, 2026) — 434% Above Median

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IBIDY Ibiden Co Ltd IBIDY
69 GF Score
Price $24.49
GF Value $6.11
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Ibiden Co Cyclically Adjusted PB Ratio?

Ibiden Co IBIDY -6.17% 69 Cyclically Adjusted PB Ratio is 10.74 as of Jul. 17, 2026, which is 434% above its 10-year median of 2.01. GuruFocus rates IBIDY with a GF Score™ of 69/100 and a GF Value™ of $6.11 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,983 Hardware companies, Ibiden Co ranks worse than 93.7% on this metric.

As of today (2026-07-17), Ibiden Co's current share price is $24.49. Ibiden Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $2.28. Ibiden Co's Cyclically Adjusted PB Ratio for today is 10.74.

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

IBIDY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.62   Med: 2.01   Max: 17.26
Current: 14.27

During the past years, Ibiden Co's highest Cyclically Adjusted PB Ratio was 17.26. The lowest was 0.62. And the median was 2.01.

IBIDY's Cyclically Adjusted PB Ratio is ranked worse than
93.7% of 1983 companies
in the Hardware industry
Industry Median: 2.15 vs IBIDY: 14.27

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.

Ibiden Co's adjusted book value per share data for the three months ended in Mar. 2026 was $3.103. 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 $2.28 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ibiden Co  (OTCPK:IBIDY) 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.


Ibiden Co Cyclically Adjusted PB Ratio Related Terms


Ibiden Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Ibiden 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.

Ibiden Co Cyclically Adjusted PB Ratio Chart

Ibiden 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 2.70 2.19 2.60 1.47 5.18

Ibiden 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 1.47 2.31 3.23 4.76 5.18

IBIDY vs APH, GLW: Cyclically Adjusted PB Ratio Comparison

For the Electronic Components subindustry, Ibiden 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.


Ibiden Co Cyclically Adjusted PB Ratio vs Hardware Industry

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

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


IBIDY
69GF Score
Ibiden Co Ltd IBIDY
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ibiden 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=24.49/2.28
=10.74

* 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.

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

For example, Ibiden 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)
=3.103/112.7000*112.7000
=3.103

Current CPI (Mar. 2026) = 112.7000.

Ibiden Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 2.655 98.100 3.050
201609 2.363 98.000 2.717
201612 2.135 98.400 2.445
201703 2.134 98.100 2.452
201706 2.309 98.500 2.642
201709 2.395 98.800 2.732
201712 2.397 99.400 2.718
201803 2.372 99.200 2.695
201806 2.279 99.200 2.589
201809 2.302 99.900 2.597
201812 2.152 99.700 2.433
201903 2.180 99.700 2.464
201906 2.223 99.800 2.510
201909 2.226 100.100 2.506
201912 2.258 100.500 2.532
202003 2.229 100.300 2.505
202006 2.274 99.900 2.565
202009 2.397 99.900 2.704
202012 2.568 99.300 2.915
202103 2.602 99.900 2.935
202106 2.636 99.500 2.986
202109 2.742 100.100 3.087
202112 2.792 100.100 3.143
202203 2.753 101.100 3.069
202206 2.602 101.800 2.881
202209 2.558 103.100 2.796
202212 2.693 104.100 2.915
202303 2.807 104.400 3.030
202306 2.808 105.200 3.008
202309 2.807 106.200 2.979
202312 2.868 106.800 3.026
202403 2.956 107.200 3.108
202406 2.877 108.200 2.997
202409 3.069 108.900 3.176
202412 2.966 110.700 3.020
202503 2.946 111.100 2.988
202506 3.151 111.700 3.179
202509 3.179 112.000 3.199
202512 3.114 113.000 3.106
202603 3.103 112.700 3.103

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 10.74 mean?
Ibiden Co (IBIDY) has a Cyclically Adjusted PB Ratio of 10.74 as of Jul. 17, 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 Ibiden Co and its competitors. This is 434% above median its historical median of 2.01. Over the past decade, Ibiden Co's Cyclically Adjusted PB Ratio has ranged from 0.62 to 17.26. According to the industry distribution chart, Ibiden Co ranks #1858 out of 1983 companies in the Hardware industry, placing it in the top 93.7%.
Is Ibiden Co's Cyclically Adjusted PB Ratio too high?
Ibiden Co's current Cyclically Adjusted PB Ratio of 10.74 is 434% above median its 10-year median of 2.01. Over the past 10 years, this metric has ranged from a low of 0.62 to a high of 17.26. The Hardware industry median Cyclically Adjusted PB Ratio is 2.15. Ibiden Co's value of 10.74 is 399.5% above this industry median. Based on the distribution chart, Ibiden Co ranks #1858 out of 1983 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Ibiden Co has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ibiden Co's Cyclically Adjusted PB Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, Ibiden Co ranks #1858 out of 1983 companies for Cyclically Adjusted PB Ratio. This places Ibiden Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.15. Ibiden Co's value of 10.74 is 399.5% above this benchmark. Historically, Ibiden Co's own Cyclically Adjusted PB Ratio has ranged from 0.62 to 17.26 over the past decade. While the company's 10-year median is 2.01 vs. the industry median of 2.15, Ibiden 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 2.15, based on 1,983 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. Ibiden Co's current Cyclically Adjusted PB Ratio of 10.74 is 399.5% 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 Ibiden Co and its competitors. For the Hardware industry, the median Cyclically Adjusted PB Ratio is 2.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ibiden Co's current Cyclically Adjusted PB Ratio is 10.74, which is 434% above median its own 10-year median of 2.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ibiden Co stock overvalued right now?
Based on GuruFocus' analysis, Ibiden Co (IBIDY) is currently considered Significantly Overvalued. The stock's GF Value™ is $6.11, compared to a current price of $24.49 — trading 300.8% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 10.74, which is 434% above median its 10-year median of 2.01 and 399.5% above the Hardware industry median of 2.15. Ibiden Co's overall GF Score™ is 69/100 with 2 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 Ibiden Co (IBIDY), the current Cyclically Adjusted PB Ratio is 10.74 as of Jul. 17, 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 Ibiden Co (IBIDY) Overvalued in 2026?

Based on GuruFocus' analysis, Ibiden Co stock appears to be overvalued. The current stock price of $24.49 is trading 300.8% above its estimated GF Value™ of $6.11. GuruFocus considers Ibiden Co to be Significantly Overvalued.

Key valuation signals for IBIDY:

  • Cyclically Adjusted PB Ratio: 10.74 (434% above median its 10-year median of 2.01)
  • GF Value™: $6.11 vs. price of $24.49 (300.8% above fair value)
  • GF Score™: 69/100 with 2 warning signs
  • Industry Position: 399.5% above the Hardware median (#1858 of 1983)

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


Ibiden Co Business Description

Address 2-1 Kandacho, Gifu Prefecture, Ogaki, JPN, 503-8604
Ibiden Co Ltd is a provider of electronic and ceramic products. The company operates through three segments: Ceramic, Electron, and other. The Ceramic segment provides environment-related ceramics products, graphite and specialty products, ceramic fibre, and fine ceramics products. The Electron segment offers package substrates in computers, information technology infrastructure, mobile device wiring boards, mobile devices, and home appliances. The other segment includes the processing of agriculture, livestock, and fisheries, the sale of oil products, and synthetic resin production. It generates the majority of its revenue from the Electronic segment.
69GF Score

Get the complete analysis for IBIDY

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

$24.49
Price
$6.11
GF Value