RICOF (Ricoh Co) Cyclically Adjusted PB Ratio: 0.93 (As of Jul. 06, 2026) — 18% Above Median


RICOF Ricoh Co Ltd RICOF
81 GF Score
Price $9.19
GF Value $9.44
Valuation Fairly Valued
! 3 Warning Signs
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What is Ricoh Co Cyclically Adjusted PB Ratio?

Ricoh Co RICOF 81 Cyclically Adjusted PB Ratio is 0.93 as of Jul. 06, 2026, which is 18% above its 10-year median of 0.79. GuruFocus rates RICOF with a GF Score™ of 81/100 and a GF Value™ of $9.44 (Fairly Valued). The stock has 3 warning signs investors should review. Among 2,296 Industrial Products companies, Ricoh Co ranks better than 79.09% on this metric.

As of today (2026-07-06), Ricoh Co's current share price is $9.19. Ricoh Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $9.87. Ricoh Co's Cyclically Adjusted PB Ratio for today is 0.93.

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

RICOF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.47   Med: 0.79   Max: 1.19
Current: 0.89

During the past years, Ricoh Co's highest Cyclically Adjusted PB Ratio was 1.19. The lowest was 0.47. And the median was 0.79.

RICOF's Cyclically Adjusted PB Ratio is ranked better than
79.09% of 2296 companies
in the Industrial Products industry
Industry Median: 2.29 vs RICOF: 0.89

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.

Ricoh Co's adjusted book value per share data for the three months ended in Mar. 2026 was $12.799. 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 $9.87 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ricoh Co  (OTCPK:RICOF) 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.


Ricoh Co Cyclically Adjusted PB Ratio Related Terms


Ricoh Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Ricoh Co'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.

Ricoh Co Cyclically Adjusted PB Ratio Chart

Ricoh Co 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 0.77 0.68 0.90 1.00 0.81

Ricoh Co 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 1.00 0.86 0.82 0.85 0.81

Ricoh Co Cyclically Adjusted PB Ratio Competitor Comparison

For the Business Equipment & Supplies subindustry, Ricoh Co'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.


Ricoh Co Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ricoh Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


RICOF
81GF Score
Ricoh Co Ltd RICOF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Ricoh Co 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.

Ricoh Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=9.19/9.87
=0.93

* 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.

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

For example, Ricoh Co'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)
=12.799/112.7000*112.7000
=12.799

Current CPI (Mar. 2026) = 112.7000.

Ricoh Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 13.085 98.100 15.032
201609 13.395 98.000 15.404
201612 12.564 98.400 14.390
201703 12.732 98.100 14.627
201706 13.165 98.500 15.063
201709 13.366 98.800 15.246
201712 13.321 99.400 15.103
201803 11.832 99.200 13.442
201806 11.482 99.200 13.045
201809 11.848 99.900 13.366
201812 11.607 99.700 13.120
201903 11.576 99.700 13.085
201906 11.760 99.800 13.280
201909 11.852 100.100 13.344
201912 11.933 100.500 13.382
202003 11.800 100.300 13.259
202006 11.504 99.900 12.978
202009 11.713 99.900 13.214
202012 11.941 99.300 13.552
202103 11.787 99.900 13.297
202106 11.706 99.500 13.259
202109 11.820 100.100 13.308
202112 11.726 100.100 13.202
202203 11.942 101.100 13.312
202206 11.124 101.800 12.315
202209 10.497 103.100 11.474
202212 10.767 104.100 11.656
202303 11.443 104.400 12.353
202306 11.444 105.200 12.260
202309 11.153 106.200 11.836
202312 11.265 106.800 11.887
202403 11.494 107.200 12.084
202406 11.417 108.200 11.892
202409 11.800 108.900 12.212
202412 11.680 110.700 11.891
202503 12.142 111.100 12.317
202506 12.598 111.700 12.711
202509 12.785 112.000 12.865
202512 12.839 113.000 12.805
202603 12.799 112.700 12.799

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 0.93 mean?
Ricoh Co (RICOF) has a Cyclically Adjusted PB Ratio of 0.93 as of Jul. 06, 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 Ricoh Co and its competitors. This is 18% above median its historical median of 0.79. Over the past decade, Ricoh Co's Cyclically Adjusted PB Ratio has ranged from 0.47 to 1.19. According to the industry distribution chart, Ricoh Co ranks #480 out of 2296 companies in the Industrial Products industry, placing it in the top 20.9%.
Is Ricoh Co's Cyclically Adjusted PB Ratio too high?
Ricoh Co's current Cyclically Adjusted PB Ratio of 0.93 is 18% above median its 10-year median of 0.79. Over the past 10 years, this metric has ranged from a low of 0.47 to a high of 1.19. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.29. Ricoh Co's value of 0.93 is 59.4% below this industry median. Based on the distribution chart, Ricoh Co ranks #480 out of 2296 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Ricoh Co has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ricoh Co's Cyclically Adjusted PB Ratio compare to competitors?
According to the Industrial Products industry distribution chart, Ricoh Co ranks #480 out of 2296 companies for Cyclically Adjusted PB Ratio. This places Ricoh Co in the top 21% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 2.29. Ricoh Co's value of 0.93 is 59.4% below this benchmark. Historically, Ricoh Co's own Cyclically Adjusted PB Ratio has ranged from 0.47 to 1.19 over the past decade. While the company's 10-year median is 0.79 vs. the industry median of 2.29, Ricoh Co 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 an Industrial Products company?
The median Cyclically Adjusted PB Ratio among Industrial Products companies is 2.29, based on 2,296 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. Ricoh Co's current Cyclically Adjusted PB Ratio of 0.93 is 59.4% 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 Ricoh Co and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ricoh Co's current Cyclically Adjusted PB Ratio is 0.93, which is 18% above median its own 10-year median of 0.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ricoh Co stock overvalued right now?
Based on GuruFocus' analysis, Ricoh Co (RICOF) is currently considered Fairly Valued. The stock's GF Value™ is $9.44, compared to a current price of $9.19 — trading 2.6% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.93, which is 18% above median its 10-year median of 0.79 and 59.4% below the Industrial Products industry median of 2.29. Ricoh Co's overall GF Score™ is 81/100 with 3 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 Ricoh Co (RICOF), the current Cyclically Adjusted PB Ratio is 0.93 as of Jul. 06, 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 Ricoh Co (RICOF) Overvalued in 2026?

Based on GuruFocus' analysis, Ricoh Co stock appears to be undervalued. The current stock price of $9.19 is trading 2.6% below its estimated GF Value™ of $9.44. GuruFocus considers Ricoh Co to be Fairly Valued.

Key valuation signals for RICOF:

  • Cyclically Adjusted PB Ratio: 0.93 (18% above median its 10-year median of 0.79)
  • GF Value™: $9.44 vs. price of $9.19 (2.6% below fair value)
  • GF Score™: 81/100 with 3 warning signs
  • Industry Position: 59.4% below the Industrial Products median (#480 of 2296)

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


Ricoh Co Business Description

Address 3-6, Nakamagome 1-chome, Ohta-ku, Tokyo, JPN, 143-8555
Ricoh Co Ltd is engaged in the manufacture and sale of office automation equipment, electronic devices, and photographic instruments. Digital Products segment manufactures multifunction printers, printing machines, scanners, fax machines, network equipment, auto ID systems, electrical units, and related consumables. Digital Services segment covers sales of printers, PCs, servers, network equipment, software, support, solutions, and document-related services. Graphic Communications segment provides production printers, imaging systems, industrial printers, inkjet heads, and consumables. Industrial Solutions segment offers thermal paper, media, optical components, and precision parts. Others segment includes digital cameras, 360-degree cameras, environmental & healthcare-related businesses.
81GF Score

Get the complete analysis for RICOF

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

$9.19
Price
$9.44
GF Value