JPDYY (Japan Display) Cyclically Adjusted PB Ratio: 0.32 (As of Jul. 11, 2026) — 220% Above Median


JPDYY Japan Display Inc JPDYY
29 GF Score
Price $3.77
GF Value $0.70
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Japan Display Cyclically Adjusted PB Ratio?

Japan Display JPDYY 29 Cyclically Adjusted PB Ratio is 0.32 as of Jul. 11, 2026, which is 220% above its 10-year median of 0.10. GuruFocus rates JPDYY with a GF Score™ of 29/100 and a GF Value™ of $0.70 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,982 Hardware companies, Japan Display ranks better than 89.15% on this metric.

As of today (2026-07-11), Japan Display's current share price is $3.77. Japan Display's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $11.80. Japan Display's Cyclically Adjusted PB Ratio for today is 0.32.

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

JPDYY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.06   Med: 0.1   Max: 0.92
Current: 0.43

During the past years, Japan Display's highest Cyclically Adjusted PB Ratio was 0.92. The lowest was 0.06. And the median was 0.10.

JPDYY's Cyclically Adjusted PB Ratio is ranked better than
89.15% of 1982 companies
in the Hardware industry
Industry Median: 2.215 vs JPDYY: 0.43

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.

Japan Display's adjusted book value per share data for the three months ended in Mar. 2026 was $-0.120. 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 $11.80 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Japan Display  (OTCPK:JPDYY) 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.


Japan Display Cyclically Adjusted PB Ratio Related Terms


Japan Display Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Japan Display'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.

Japan Display Cyclically Adjusted PB Ratio Chart

Japan Display 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 0.00 0.00 0.09 0.09 0.60

Japan Display 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 0.09 0.11 0.13 0.14 0.60

JPDYY vs APH, GLW: Cyclically Adjusted PB Ratio Comparison

For the Electronic Components subindustry, Japan Display'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.


Japan Display Cyclically Adjusted PB Ratio vs Hardware Industry

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

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


JPDYY
29GF Score
Japan Display Inc JPDYY
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Japan Display 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.

Japan Display's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3.77/11.80
=0.32

* 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.

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

For example, Japan Display'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)
=-0.12/112.7000*112.7000
=-0.120

Current CPI (Mar. 2026) = 112.7000.

Japan Display Quarterly Data

Book Value per Share CPI Adj_Book
201606 54.715 98.100 62.858
201609 55.702 98.000 64.057
201612 50.430 98.400 57.759
201703 47.844 98.100 54.965
201706 44.118 98.500 50.478
201709 38.911 98.800 44.385
201712 33.517 99.400 38.002
201803 12.604 99.200 14.319
201806 12.070 99.200 13.713
201809 11.046 99.900 12.461
201812 10.849 99.700 12.264
201903 -0.118 99.700 -0.133
201906 -8.673 99.800 -9.794
201909 -11.418 100.100 -12.855
201912 -11.978 100.500 -13.432
202003 1.871 100.300 2.102
202006 1.278 99.900 1.442
202009 0.773 99.900 0.872
202012 1.307 99.300 1.483
202103 1.434 99.900 1.618
202106 1.146 99.500 1.298
202109 1.983 100.100 2.233
202112 2.089 100.100 2.352
202203 2.283 101.100 2.545
202206 1.973 101.800 2.184
202209 1.688 103.100 1.845
202212 1.254 104.100 1.358
202303 2.399 104.400 2.590
202306 2.069 105.200 2.217
202309 1.699 106.200 1.803
202312 1.567 106.800 1.654
202403 1.473 107.200 1.549
202406 0.000 108.200 0.000
202409 1.213 108.900 1.255
202412 0.622 110.700 0.633
202503 0.119 111.100 0.121
202506 -0.231 111.700 -0.233
202509 -0.071 112.000 -0.071
202512 -0.100 113.000 -0.100
202603 -0.120 112.700 -0.120

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 0.32 mean?
Japan Display (JPDYY) has a Cyclically Adjusted PB Ratio of 0.32 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 Japan Display and its competitors. This is 220% above median its historical median of 0.10. Over the past decade, Japan Display's Cyclically Adjusted PB Ratio has ranged from 0.06 to 0.92. According to the industry distribution chart, Japan Display ranks #215 out of 1982 companies in the Hardware industry, placing it in the top 10.8%.
Is Japan Display's Cyclically Adjusted PB Ratio too high?
Japan Display's current Cyclically Adjusted PB Ratio of 0.32 is 220% above median its 10-year median of 0.10. Over the past 10 years, this metric has ranged from a low of 0.06 to a high of 0.92. The Hardware industry median Cyclically Adjusted PB Ratio is 2.22. Japan Display's value of 0.32 is 85.6% below this industry median. Based on the distribution chart, Japan Display ranks #215 out of 1982 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Japan Display has a GF Score™ of 29/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Japan Display's Cyclically Adjusted PB Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, Japan Display ranks #215 out of 1982 companies for Cyclically Adjusted PB Ratio. This places Japan Display in the top 11% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 2.22. Japan Display's value of 0.32 is 85.6% below this benchmark. Historically, Japan Display's own Cyclically Adjusted PB Ratio has ranged from 0.06 to 0.92 over the past decade. While the company's 10-year median is 0.10 vs. the industry median of 2.22, Japan Display 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 2.22, 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. Japan Display's current Cyclically Adjusted PB Ratio of 0.32 is 85.6% 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 Japan Display 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. Japan Display's current Cyclically Adjusted PB Ratio is 0.32, which is 220% above median its own 10-year median of 0.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Japan Display stock overvalued right now?
Based on GuruFocus' analysis, Japan Display (JPDYY) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.70, compared to a current price of $3.77 — trading 438.6% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.32, which is 220% above median its 10-year median of 0.10 and 85.6% below the Hardware industry median of 2.22. Japan Display's overall GF Score™ is 29/100 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 Japan Display (JPDYY), the current Cyclically Adjusted PB Ratio is 0.32 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 Japan Display (JPDYY) Overvalued in 2026?

Based on GuruFocus' analysis, Japan Display stock appears to be overvalued. The current stock price of $3.77 is trading 438.6% above its estimated GF Value™ of $0.70. GuruFocus considers Japan Display to be Significantly Overvalued.

Key valuation signals for JPDYY:

  • Cyclically Adjusted PB Ratio: 0.32 (220% above median its 10-year median of 0.10)
  • GF Value™: $0.70 vs. price of $3.77 (438.6% above fair value)
  • GF Score™: 29/100 with 6 warning signs
  • Industry Position: 85.6% below the Hardware median (#215 of 1982)

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


Japan Display Business Description

Address Landic 2nd Building, 3-7-1, Nishi-shinbashi, Minato-ku, Tokyo, JPN, 105-0003
Japan Display Inc is engaged in the development, production, and sale of small and medium-sized display devices and related products. Its products are divided into two categories: Mobile Device and Automotive and Non-Mobile. The Mobile Device category includes displays for smartphones, tablets and mobile phone devices. The Automotive and Non-Mobile category includes displays for automotive applications, consumer electronics, and industrial devices as well as income from patents and other sources. The company's business operations span across Europe, Korea, China, Philippines, America, and Hong Kong.
29GF Score

Get the complete analysis for JPDYY

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

$3.77
Price
$0.70
GF Value