MINBY (Minebea Mitsumi) Cyclically Adjusted PB Ratio: 3.16 (As of Jul. 11, 2026) — Near Median


MINBY Minebea Mitsumi Inc MINBY
65 GF Score
Price $27.24
GF Value $20.68
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Minebea Mitsumi Cyclically Adjusted PB Ratio?

Minebea Mitsumi MINBY -1.27% 65 Cyclically Adjusted PB Ratio is 3.16 as of Jul. 11, 2026, which is at its 10-year median of 3.16. GuruFocus rates MINBY with a GF Score™ of 65/100 and a GF Value™ of $20.68 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,982 Hardware companies, Minebea Mitsumi ranks worse than 65.89% on this metric.

As of today (2026-07-11), Minebea Mitsumi's current share price is $27.24. Minebea Mitsumi's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $8.63. Minebea Mitsumi's Cyclically Adjusted PB Ratio for today is 3.16.

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

MINBY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.6   Med: 3.16   Max: 5.8
Current: 3.59

During the past years, Minebea Mitsumi's highest Cyclically Adjusted PB Ratio was 5.80. The lowest was 1.60. And the median was 3.16.

MINBY's Cyclically Adjusted PB Ratio is ranked worse than
65.89% of 1982 companies
in the Hardware industry
Industry Median: 2.215 vs MINBY: 3.59

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.

Minebea Mitsumi's adjusted book value per share data for the three months ended in Mar. 2026 was $14.107. 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 $8.63 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Minebea Mitsumi  (OTCPK:MINBY) 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.


Minebea Mitsumi Cyclically Adjusted PB Ratio Related Terms


Minebea Mitsumi Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Minebea Mitsumi'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.

Minebea Mitsumi Cyclically Adjusted PB Ratio Chart

Minebea Mitsumi 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 3.54 2.78 2.82 1.82 1.88

Minebea Mitsumi 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 1.82 1.72 2.20 2.39 1.88

MINBY vs APH, GLW: Cyclically Adjusted PB Ratio Comparison

For the Electronic Components subindustry, Minebea Mitsumi'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.


Minebea Mitsumi Cyclically Adjusted PB Ratio vs Hardware Industry

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

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


MINBY
65GF Score
Minebea Mitsumi Inc MINBY
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Minebea Mitsumi 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.

Minebea Mitsumi's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=27.24/8.63
=3.16

* 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.

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

For example, Minebea Mitsumi'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)
=14.107/112.7000*112.7000
=14.107

Current CPI (Mar. 2026) = 112.7000.

Minebea Mitsumi Quarterly Data

Book Value per Share CPI Adj_Book
201606 5.280 98.100 6.066
201609 5.629 98.000 6.473
201612 5.793 98.400 6.635
201703 6.724 98.100 7.725
201706 7.121 98.500 8.148
201709 7.623 98.800 8.695
201712 7.859 99.400 8.911
201803 8.007 99.200 9.097
201806 7.807 99.200 8.869
201809 8.241 99.900 9.297
201812 8.244 99.700 9.319
201903 8.663 99.700 9.793
201906 8.640 99.800 9.757
201909 8.903 100.100 10.024
201912 9.307 100.500 10.437
202003 8.969 100.300 10.078
202006 9.198 99.900 10.377
202009 9.550 99.900 10.774
202012 10.093 99.300 11.455
202103 10.206 99.900 11.514
202106 10.105 99.500 11.446
202109 10.281 100.100 11.575
202112 10.574 100.100 11.905
202203 11.184 101.100 12.467
202206 10.421 101.800 11.537
202209 10.323 103.100 11.284
202212 10.943 104.100 11.847
202303 11.525 104.400 12.441
202306 11.347 105.200 12.156
202309 11.258 106.200 11.947
202312 11.458 106.800 12.091
202403 11.622 107.200 12.218
202406 0.000 108.200 0.000
202409 12.401 108.900 12.834
202412 12.370 110.700 12.593
202503 12.420 111.100 12.599
202506 12.774 111.700 12.888
202509 13.204 112.000 13.287
202512 13.487 113.000 13.451
202603 14.107 112.700 14.107

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 3.16 mean?
Minebea Mitsumi (MINBY) has a Cyclically Adjusted PB Ratio of 3.16 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 Minebea Mitsumi and its competitors. This is near median its historical median of 3.16. Over the past decade, Minebea Mitsumi's Cyclically Adjusted PB Ratio has ranged from 1.60 to 5.80. According to the industry distribution chart, Minebea Mitsumi ranks #1306 out of 1982 companies in the Hardware industry, placing it in the top 65.9%.
Is Minebea Mitsumi's Cyclically Adjusted PB Ratio too high?
Minebea Mitsumi's current Cyclically Adjusted PB Ratio of 3.16 is near median its 10-year median of 3.16. Over the past 10 years, this metric has ranged from a low of 1.60 to a high of 5.80. The Hardware industry median Cyclically Adjusted PB Ratio is 2.22. Minebea Mitsumi's value of 3.16 is 42.7% above this industry median. Based on the distribution chart, Minebea Mitsumi ranks #1306 out of 1982 companies in the Hardware industry, which is below the industry midpoint. Overall, Minebea Mitsumi has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Minebea Mitsumi's Cyclically Adjusted PB Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, Minebea Mitsumi ranks #1306 out of 1982 companies for Cyclically Adjusted PB Ratio. This places Minebea Mitsumi in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.22. Minebea Mitsumi's value of 3.16 is 42.7% above this benchmark. Historically, Minebea Mitsumi's own Cyclically Adjusted PB Ratio has ranged from 1.60 to 5.80 over the past decade. While the company's 10-year median is 3.16 vs. the industry median of 2.22, Minebea Mitsumi 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. Minebea Mitsumi's current Cyclically Adjusted PB Ratio of 3.16 is 42.7% 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 Minebea Mitsumi 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. Minebea Mitsumi's current Cyclically Adjusted PB Ratio is 3.16, which is near median its own 10-year median of 3.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Minebea Mitsumi stock overvalued right now?
Based on GuruFocus' analysis, Minebea Mitsumi (MINBY) is currently considered Significantly Overvalued. The stock's GF Value™ is $20.68, compared to a current price of $27.24 — trading 31.7% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 3.16, which is near median its 10-year median of 3.16 and 42.7% above the Hardware industry median of 2.22. Minebea Mitsumi's overall GF Score™ is 65/100 with 8 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 Minebea Mitsumi (MINBY), the current Cyclically Adjusted PB Ratio is 3.16 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 Minebea Mitsumi (MINBY) Overvalued in 2026?

Based on GuruFocus' analysis, Minebea Mitsumi stock appears to be overvalued. The current stock price of $27.24 is trading 31.7% above its estimated GF Value™ of $20.68. GuruFocus considers Minebea Mitsumi to be Significantly Overvalued.

Key valuation signals for MINBY:

  • Cyclically Adjusted PB Ratio: 3.16 (near median its 10-year median of 3.16)
  • GF Value™: $20.68 vs. price of $27.24 (31.7% above fair value)
  • GF Score™: 65/100 with 8 warning signs
  • Industry Position: 42.7% above the Hardware median (#1306 of 1982)

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


Minebea Mitsumi Business Description

Address 1-9-3 Higashi-Shinbashi, Minato-ku, Tokyo, JPN, 105-0021
Minebea Mitsumi Inc is an electronic components company. The company operates through four segments. The Access Solutions segment handles automotive parts such as key sets, door latches, and handles, as well as industrial equipment parts. The Motor Lighting & Sensing segment offers small motors, electronic devices, optical components, sensing devices, and specialized equipment. The Precision Technologies segment focuses on ultra-precision machined parts, including bearings, pivot assemblies, and aircraft screws. The Semiconductor & Electronics segment provides semiconductor devices, optical devices, mechanical components, power supply components, and smart products. It generates the majority of its revenue from the Semiconductor & Electronics segment.
65GF Score

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

$27.24
Price
$20.68
GF Value