Renesas Electronics (MEX:RNEC N) Cyclically Adjusted PB Ratio: 6.16 (As of Aug. 12, 2026) — 72% Above Median

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MEX:RNEC N Renesas Electronics Corp MEX:RNEC N
74 GF Score
Price MXN305.03
GF Value MXN156.53
! 2 Warning Signs
View Full Analysis

What is Renesas Electronics Cyclically Adjusted PB Ratio?

Renesas Electronics MEX:RNEC N 74 Cyclically Adjusted PB Ratio is 6.16 as of Aug. 12, 2026, which is 72% above its 10-year median of 3.58. GuruFocus rates MEX:RNEC N with a GF Score™ of 74/100 and a GF Value™ of MXN156.53. The stock has 2 warning signs investors should review. Among 728 Semiconductors companies, Renesas Electronics ranks worse than 62.91% on this metric.

As of today (2026-08-12), Renesas Electronics's current share price is MXN305.03. Renesas Electronics's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was MXN49.53. Renesas Electronics's Cyclically Adjusted PB Ratio for today is 6.16.

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

MEX:RNEC N' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.89   Med: 3.58   Max: 7.1
Current: 4.9

During the past years, Renesas Electronics's highest Cyclically Adjusted PB Ratio was 7.10. The lowest was 0.89. And the median was 3.58.

MEX:RNEC N's Cyclically Adjusted PB Ratio is ranked worse than
62.91% of 728 companies
in the Semiconductors industry
Industry Median: 3.23 vs MEX:RNEC N: 4.90

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.

Renesas Electronics's adjusted book value per share data for the three months ended in Jun. 2026 was MXN169.239. 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 MXN49.53 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Renesas Electronics  (MEX:RNEC N) 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.


Renesas Electronics Cyclically Adjusted PB Ratio Related Terms


Renesas Electronics Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Renesas Electronics'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.

Renesas Electronics Cyclically Adjusted PB Ratio Chart

Renesas Electronics Annual Data
Trend Mar16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.76 3.31 5.53 3.43 3.00

Renesas Electronics 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 2.74 2.51 3.00 2.90 6.16

MEX:RNEC N vs NVDA, AVGO, MU: Cyclically Adjusted PB Ratio Comparison

For the Semiconductors subindustry, Renesas Electronics'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.


Renesas Electronics Cyclically Adjusted PB Ratio vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Renesas Electronics's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


MEX:RNEC N
74GF Score
Renesas Electronics Corp MEX:RNEC N
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Renesas Electronics 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.

Renesas Electronics's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=305.03/49.53
=6.16

* 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.

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

For example, Renesas Electronics'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)
=169.239/113.6000*113.6000
=169.239

Current CPI (Jun. 2026) = 113.6000.

Renesas Electronics Quarterly Data

Book Value per Share CPI Adj_Book
201609 43.299 98.000 50.191
201612 0.000 98.400 0.000
201703 43.071 98.100 49.876
201706 44.997 98.500 51.895
201709 46.880 98.800 53.903
201712 60.050 99.400 68.629
201803 52.285 99.200 59.875
201806 58.689 99.200 67.208
201809 56.464 99.900 64.207
201812 62.736 99.700 71.483
201903 66.437 99.700 75.700
201906 62.320 99.800 70.937
201909 63.880 100.100 72.495
201912 62.814 100.500 71.002
202003 79.473 100.300 90.011
202006 78.182 99.900 88.904
202009 76.406 99.900 86.884
202012 68.242 99.300 78.069
202103 77.910 99.900 88.594
202106 90.997 99.500 103.892
202109 100.572 100.100 114.136
202112 106.625 100.100 121.005
202203 116.137 101.100 130.496
202206 121.623 101.800 135.721
202209 129.449 103.100 142.632
202212 123.338 104.100 134.594
202303 124.195 104.400 135.139
202306 129.957 105.200 140.334
202309 136.498 106.200 146.009
202312 132.783 106.800 141.237
202403 136.810 107.200 144.978
202406 159.644 108.200 167.611
202409 164.749 108.900 171.859
202412 191.693 110.700 196.715
202503 177.022 111.100 181.005
202506 146.337 111.700 148.826
202509 153.421 112.000 155.613
202512 155.587 113.000 156.413
202603 159.143 112.700 160.414
202606 169.239 113.600 169.239

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 6.16 mean?
Renesas Electronics (MEX:RNEC N) has a Cyclically Adjusted PB Ratio of 6.16 as of Aug. 12, 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 Renesas Electronics and its competitors. This is 72% above median its historical median of 3.58. Over the past decade, Renesas Electronics' Cyclically Adjusted PB Ratio has ranged from 0.89 to 7.10. According to the industry distribution chart, Renesas Electronics ranks #458 out of 728 companies in the Semiconductors industry, placing it in the top 62.9%.
Is Renesas Electronics' Cyclically Adjusted PB Ratio too high?
Renesas Electronics' current Cyclically Adjusted PB Ratio of 6.16 is 72% above median its 10-year median of 3.58. Over the past 10 years, this metric has ranged from a low of 0.89 to a high of 7.10. The Semiconductors industry median Cyclically Adjusted PB Ratio is 3.23. Renesas Electronics' value of 6.16 is 90.7% above this industry median. Based on the distribution chart, Renesas Electronics ranks #458 out of 728 companies in the Semiconductors industry, which is below the industry midpoint. Overall, Renesas Electronics has a GF Score™ of 74/100, reflecting its overall financial health beyond just this single metric.
How does Renesas Electronics' Cyclically Adjusted PB Ratio compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Renesas Electronics ranks #458 out of 728 companies for Cyclically Adjusted PB Ratio. This places Renesas Electronics in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 3.23. Renesas Electronics' value of 6.16 is 90.7% above this benchmark. Historically, Renesas Electronics' own Cyclically Adjusted PB Ratio has ranged from 0.89 to 7.10 over the past decade. While the company's 10-year median is 3.58 vs. the industry median of 3.23, Renesas Electronics 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 Semiconductors company?
The median Cyclically Adjusted PB Ratio among Semiconductors companies is 3.23, based on 728 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. Renesas Electronics's current Cyclically Adjusted PB Ratio of 6.16 is 90.7% 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 Renesas Electronics and its competitors. For the Semiconductors industry, the median Cyclically Adjusted PB Ratio is 3.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Renesas Electronics's current Cyclically Adjusted PB Ratio is 6.16, which is 72% above median its own 10-year median of 3.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Renesas Electronics stock overvalued right now?
Renesas Electronics (MEX:RNEC N) has a current Cyclically Adjusted PB Ratio of 6.16. The stock's GF Value™ is MXN156.53, compared to a current price of MXN305.03 — trading 94.9% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 6.16, which is 72% above median its 10-year median of 3.58 and 90.7% above the Semiconductors industry median of 3.23. Renesas Electronics' overall GF Score™ is 74/100 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 Renesas Electronics (MEX:RNEC N), the current Cyclically Adjusted PB Ratio is 6.16 as of Aug. 12, 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 Renesas Electronics (MEX:RNEC N) Overvalued in 2026?

Based on GuruFocus' analysis, Renesas Electronics stock appears to be overvalued. The current stock price of MXN305.03 is trading 94.9% above its estimated GF Value™ of MXN156.53.

Key valuation signals for MEX:RNEC N:

  • Cyclically Adjusted PB Ratio: 6.16 (72% above median its 10-year median of 3.58)
  • GF Value™: MXN156.53 vs. price of MXN305.03 (94.9% above fair value)
  • GF Score™: 74/100 with 2 warning signs
  • Industry Position: 90.7% above the Semiconductors median (#458 of 728)

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


Renesas Electronics Business Description

Address 3-2-24 Toyosu, Koto-ku, Tokyo, JPN, 135-0061
Renesas Electronics is a Japanese broad-based integrated device manufacturer involved in the design and manufacturing of microcontrollers and analog chips, used across automotive, industrial, enterprise, and consumer industries. Headquartered in Tokyo, the company was created through the combination of electronics business units from NEC Electronics, Mitsubishi, and Hitachi. The company's businesses are primarily focused in Asia, where they historically account for 70%-80% of its sales. Renesas is the third- and ninth-largest manufacturer of MCUs and power/analog devices, with a 17% and 3.5% market share, respectively, as of 2024.
74GF Score

Get the complete analysis for MEX:RNEC N

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

MXN305.03
Price
MXN156.53
GF Value