Hitachi (MEX:6501N) Cyclically Adjusted PB Ratio: 4.84 (As of Aug. 10, 2026) — 149% Above Median

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MEX:6501N Hitachi Ltd MEX:6501N
70 GF Score
Price MXN576.30
GF Value MXN550.29
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is Hitachi Cyclically Adjusted PB Ratio?

Hitachi MEX:6501N 70 Cyclically Adjusted PB Ratio is 4.84 as of Aug. 10, 2026, which is 149% above its 10-year median of 1.94. GuruFocus rates MEX:6501N with a GF Score™ of 70/100 and a GF Value™ of MXN550.29 (Fairly Valued). The stock has 5 warning signs investors should review. Among 461 Conglomerates companies, Hitachi ranks worse than 92.19% on this metric.

As of today (2026-08-10), Hitachi's current share price is MXN576.30. Hitachi's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was MXN119.10. Hitachi's Cyclically Adjusted PB Ratio for today is 4.84.

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

MEX:6501N' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.93   Med: 1.94   Max: 5.82
Current: 5.7

During the past years, Hitachi's highest Cyclically Adjusted PB Ratio was 5.82. The lowest was 0.93. And the median was 1.94.

MEX:6501N's Cyclically Adjusted PB Ratio is ranked worse than
92.19% of 461 companies
in the Conglomerates industry
Industry Median: 1.02 vs MEX:6501N: 5.70

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.

Hitachi's adjusted book value per share data for the three months ended in Jun. 2026 was MXN159.101. 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 MXN119.10 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hitachi  (MEX:6501N) 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.


Hitachi Cyclically Adjusted PB Ratio Related Terms


Hitachi Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Hitachi'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.

Hitachi Cyclically Adjusted PB Ratio Chart

Hitachi 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 1.97 2.06 3.55 3.95 4.66

Hitachi 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 4.70 4.30 5.22 4.66 4.53

MEX:6501N vs MMM, HON: Cyclically Adjusted PB Ratio Comparison

For the Conglomerates subindustry, Hitachi'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.


Hitachi Cyclically Adjusted PB Ratio vs Conglomerates Industry

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

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


MEX:6501N
70GF Score
Hitachi Ltd MEX:6501N
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hitachi 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=576.30/119.10
=4.84

* 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.

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

For example, Hitachi'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)
=159.101/113.6000*113.6000
=159.101

Current CPI (Jun. 2026) = 113.6000.

Hitachi Quarterly Data

Book Value per Share CPI Adj_Book
201609 103.252 98.000 119.688
201612 106.194 98.400 122.598
201703 102.478 98.100 118.670
201706 101.709 98.500 117.301
201709 106.733 98.800 122.721
201712 115.995 99.400 132.566
201803 116.324 99.200 133.210
201806 124.149 99.200 142.171
201809 119.219 99.900 135.568
201812 113.905 99.700 129.785
201903 117.941 99.700 134.384
201906 120.988 99.800 137.718
201909 126.967 100.100 144.090
201912 115.561 100.500 130.624
202003 142.448 100.300 161.337
202006 134.774 99.900 153.257
202009 126.199 99.900 143.506
202012 116.091 99.300 132.809
202103 137.144 99.900 155.952
202106 134.360 99.500 153.400
202109 147.632 100.100 167.542
202112 147.204 100.100 167.057
202203 150.752 101.100 169.391
202206 144.321 101.800 161.050
202209 143.853 103.100 158.503
202212 139.459 104.100 152.186
202303 142.188 104.400 154.718
202306 136.190 105.200 147.064
202309 137.695 106.200 147.290
202312 134.317 106.800 142.869
202403 136.373 107.200 144.515
202406 150.415 108.200 157.922
202409 164.822 108.900 171.936
202412 173.232 110.700 177.770
202503 175.303 111.100 179.248
202506 165.940 111.700 168.763
202509 167.331 112.000 169.721
202512 162.744 113.000 163.608
202603 165.882 112.700 167.207
202606 159.101 113.600 159.101

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 4.84 mean?
Hitachi (MEX:6501N) has a Cyclically Adjusted PB Ratio of 4.84 as of Aug. 10, 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 Hitachi and its competitors. This is 149% above median its historical median of 1.94. Over the past decade, Hitachi's Cyclically Adjusted PB Ratio has ranged from 0.93 to 5.82. According to the industry distribution chart, Hitachi ranks #425 out of 461 companies in the Conglomerates industry, placing it in the top 92.2%.
Is Hitachi's Cyclically Adjusted PB Ratio too high?
Hitachi's current Cyclically Adjusted PB Ratio of 4.84 is 149% above median its 10-year median of 1.94. Over the past 10 years, this metric has ranged from a low of 0.93 to a high of 5.82. The Conglomerates industry median Cyclically Adjusted PB Ratio is 1.02. Hitachi's value of 4.84 is 374.5% above this industry median. Based on the distribution chart, Hitachi ranks #425 out of 461 companies in the Conglomerates industry, which is in the bottom quartile relative to peers. Overall, Hitachi has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hitachi's Cyclically Adjusted PB Ratio compare to MMM and HON?
According to the Conglomerates industry distribution chart, Hitachi ranks #425 out of 461 companies for Cyclically Adjusted PB Ratio. This places Hitachi in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.02. Hitachi's value of 4.84 is 374.5% above this benchmark. Historically, Hitachi's own Cyclically Adjusted PB Ratio has ranged from 0.93 to 5.82 over the past decade. While the company's 10-year median is 1.94 vs. the industry median of 1.02, Hitachi 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 Conglomerates company?
The median Cyclically Adjusted PB Ratio among Conglomerates companies is 1.02, based on 461 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. Hitachi's current Cyclically Adjusted PB Ratio of 4.84 is 374.5% 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 Hitachi and its competitors. For the Conglomerates industry, the median Cyclically Adjusted PB Ratio is 1.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hitachi's current Cyclically Adjusted PB Ratio is 4.84, which is 149% above median its own 10-year median of 1.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hitachi stock overvalued right now?
Based on GuruFocus' analysis, Hitachi (MEX:6501N) is currently considered Fairly Valued. The stock's GF Value™ is MXN550.29, compared to a current price of MXN576.30 — trading 4.7% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 4.84, which is 149% above median its 10-year median of 1.94 and 374.5% above the Conglomerates industry median of 1.02. Hitachi's overall GF Score™ is 70/100 with 5 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 Hitachi (MEX:6501N), the current Cyclically Adjusted PB Ratio is 4.84 as of Aug. 10, 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 Hitachi (MEX:6501N) Overvalued in 2026?

Based on GuruFocus' analysis, Hitachi stock appears to be overvalued. The current stock price of MXN576.30 is trading 4.7% above its estimated GF Value™ of MXN550.29. GuruFocus considers Hitachi to be Fairly Valued.

Key valuation signals for MEX:6501N:

  • Cyclically Adjusted PB Ratio: 4.84 (149% above median its 10-year median of 1.94)
  • GF Value™: MXN550.29 vs. price of MXN576.30 (4.7% above fair value)
  • GF Score™: 70/100 with 5 warning signs
  • Industry Position: 374.5% above the Conglomerates median (#425 of 461)

No single metric tells the full story. See the MEX:6501N stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hitachi Business Description

Address 6-6, Marunouchi 1-chome, Chiyoda-ku, Tokyo, JPN, 100-8280
Hitachi Ltd is engaged in diverse businesses spanning industries, energy, IT, and real estate. The company operates through four business segments. The Connective Industries segment covers elevators, escalators, home appliances, air conditioning, semiconductor manufacturing equipment, medical analyzers, industrial and distribution solutions, water and environmental solutions, and industrial equipment. The Digital Systems & Services segment offers system integration, consulting, cloud services, IT products, software, and ATMs. The Green Energy & Mobility segment focuses on power grids, renewable energy, nuclear power, and railway systems. The Others include real estate management, sales, and leasing. It generates the majority of its revenue from the Green Energy & Mobility segment.
70GF Score

Get the complete analysis for MEX:6501N

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

MXN576.30
Price
MXN550.29
GF Value