Panasonic Holdings (NGO:6752) Cyclically Adjusted PB Ratio: (As of Jul. 22, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NGO:6752 Panasonic Holdings Corp NGO:6752
60 GF Score
Price 円1,844.00
GF Value 円673.03
! 7 Warning Signs
View Full Analysis

What is Panasonic Holdings Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Panasonic Holdings  (NGO:6752) 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.


Panasonic Holdings Cyclically Adjusted PB Ratio Related Terms


Panasonic Holdings Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Panasonic Holdings'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.

Panasonic Holdings Cyclically Adjusted PB Ratio Chart

Panasonic Holdings 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 1.45 1.27 1.35 1.44 1.88

Panasonic Holdings 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 1.44 1.23 1.24 1.51 1.88

NGO:6752 vs AAPL: Cyclically Adjusted PB Ratio Comparison

For the Consumer Electronics subindustry, Panasonic Holdings'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.


Panasonic Holdings Cyclically Adjusted PB Ratio vs Hardware Industry

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

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


NGO:6752
60GF Score
Panasonic Holdings Corp NGO:6752
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Panasonic Holdings 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.

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

For example, Panasonic Holdings'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)
=2232.119/112.7000*112.7000
=2,232.119

Current CPI (Mar. 2026) = 112.7000.

Panasonic Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201606 622.901 98.100 715.606
201609 682.828 98.000 785.252
201612 786.843 98.400 901.191
201703 673.935 98.100 774.235
201706 697.781 98.500 798.375
201709 723.121 98.800 824.856
201712 749.082 99.400 849.311
201803 732.121 99.200 831.754
201806 756.711 99.200 859.691
201809 788.405 99.900 889.422
201812 780.754 99.700 882.557
201903 820.409 99.700 927.383
201906 786.061 99.800 887.666
201909 800.105 100.100 900.818
201912 847.480 100.500 950.358
202003 856.572 100.300 962.469
202006 865.685 99.900 976.604
202009 923.336 99.900 1,041.641
202012 978.113 99.300 1,110.104
202103 1,111.733 99.900 1,254.177
202106 1,141.109 99.500 1,292.492
202109 1,184.316 100.100 1,333.391
202112 1,223.332 100.100 1,377.318
202203 1,356.085 101.100 1,511.679
202206 1,512.242 101.800 1,674.162
202209 1,603.552 103.100 1,752.864
202212 1,482.045 104.100 1,604.481
202303 1,550.226 104.400 1,673.472
202306 1,759.162 105.200 1,884.578
202309 1,843.492 106.200 1,956.323
202312 1,790.759 106.800 1,889.687
202403 1,946.616 107.200 2,046.489
202406 2,088.773 108.200 2,175.644
202409 1,901.404 108.900 1,967.752
202412 2,102.535 110.700 2,140.521
202503 2,010.813 111.100 2,039.772
202506 1,966.069 111.700 1,983.670
202509 2,059.057 112.000 2,071.926
202512 2,152.977 113.000 2,147.261
202603 2,232.119 112.700 2,232.119

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.

Is Panasonic Holdings (NGO:6752) Overvalued in 2026?

Based on GuruFocus' analysis, Panasonic Holdings stock appears to be overvalued. The current stock price of 円1,844.00 is trading 174% above its estimated GF Value™ of 円673.03.

Key valuation signals for NGO:6752:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: 円673.03 vs. price of 円1,844.00 (174% above fair value)
  • GF Score™: 60/100 with 7 warning signs

No single metric tells the full story. See the NGO:6752 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Panasonic Holdings Business Description

Address 1006 Kadoma, Osaka Prefecture, Kadoma, JPN, 571-8501
Panasonic Holdings Corp is engaged in the development, manufacture, and sale of a wide range of electronic and electrical products. The company operates through six segments. The Lifestyle segment provides home appliances such as refrigerators, air conditioners, and beauty and hair care devices. The Automotive segment offers in-vehicle infotainment systems, speaker systems, and advanced driver assistance systems. The Connect segment supplies communication systems, welding machines, and projectors. The Industry segment produces electronic components, motors, and factory automation equipment. The Energy segment develops and sells lithium-ion batteries, dry batteries, and small secondary batteries. The Others segment includes the sale of televisions, cameras, and building materials.
60GF Score

Get the complete analysis for NGO:6752

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

円1,844.00
Price
円673.03
GF Value