SAEOF (Sanden) Cyclically Adjusted PB Ratio: 0.16 (As of Jul. 21, 2026) — 11% Below Median

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SAEOF Sanden Corp SAEOF
49 GF Score
Price $3.60
GF Value $3.43
! 5 Warning Signs
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What is Sanden Cyclically Adjusted PB Ratio?

Sanden SAEOF 49 Cyclically Adjusted PB Ratio is 0.16 as of Jul. 21, 2026, which is 11% below its 10-year median of 0.18. GuruFocus rates SAEOF with a GF Score™ of 49/100 and a GF Value™ of $3.43. The stock has 5 warning signs investors should review. Among 1,032 Vehicles & Parts companies, Sanden ranks better than 97% on this metric.

As of today (2026-07-21), Sanden's current share price is $3.60. Sanden's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was $22.81. Sanden's Cyclically Adjusted PB Ratio for today is 0.16.

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

SAEOF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.11   Med: 0.18   Max: 1.24
Current: 0.18

During the past years, Sanden's highest Cyclically Adjusted PB Ratio was 1.24. The lowest was 0.11. And the median was 0.18.

SAEOF's Cyclically Adjusted PB Ratio is ranked better than
97% of 1032 companies
in the Vehicles & Parts industry
Industry Median: 1.27 vs SAEOF: 0.18

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.

Sanden's adjusted book value per share data for the three months ended in Dec. 2025 was $1.537. 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 $22.81 for the trailing ten years ended in Dec. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sanden  (OTCPK:SAEOF) 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.


Sanden Cyclically Adjusted PB Ratio Related Terms


Sanden Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Sanden'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.

Sanden Cyclically Adjusted PB Ratio Chart

Sanden Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.20 0.24 0.13 0.15 0.13

Sanden 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 0.13 0.12 0.16 0.16 0.00

SAEOF vs ORLY, AZO: Cyclically Adjusted PB Ratio Comparison

For the Auto Parts subindustry, Sanden'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.


Sanden Cyclically Adjusted PB Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Sanden's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


SAEOF
49GF Score
Sanden Corp SAEOF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Sanden 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3.60/22.81
=0.16

* 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.

Sanden's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 is calculated as:

For example, Sanden's adjusted Book Value per Share data for the three months ended in Dec. 2025 was:

Adj_Book=Book Value per Share/CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=1.537/113.0000*113.0000
=1.537

Current CPI (Dec. 2025) = 113.0000.

Sanden Quarterly Data

Book Value per Share CPI Adj_Book
201603 22.471 97.900 25.937
201606 20.716 98.100 23.862
201609 18.600 98.000 21.447
201612 18.428 98.400 21.162
201703 13.960 98.100 16.080
201706 14.760 98.500 16.933
201709 15.016 98.800 17.174
201712 14.948 99.400 16.993
201803 15.408 99.200 17.551
201806 15.209 99.200 17.325
201809 13.367 99.900 15.120
201812 13.000 99.700 14.734
201903 6.163 99.700 6.985
201906 5.827 99.800 6.598
201909 6.509 100.100 7.348
201912 9.947 100.500 11.184
202003 6.946 100.300 7.826
202006 4.489 99.900 5.078
202009 3.277 99.900 3.707
202012 2.507 99.300 2.853
202103 -6.113 99.900 -6.915
202106 2.089 99.500 2.372
202109 1.967 100.100 2.220
202112 0.000 100.100 0.000
202203 1.849 101.100 2.067
202206 1.535 101.800 1.704
202209 1.398 103.100 1.532
202212 1.495 104.100 1.623
202303 1.550 104.400 1.678
202306 1.399 105.200 1.503
202309 1.290 106.200 1.373
202312 1.258 106.800 1.331
202403 1.282 107.200 1.351
202406 1.397 108.200 1.459
202409 1.240 108.900 1.287
202412 1.320 110.700 1.347
202503 1.149 111.100 1.169
202506 1.082 111.700 1.095
202509 1.176 112.000 1.187
202512 1.537 113.000 1.537

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 0.16 mean?
Sanden (SAEOF) has a Cyclically Adjusted PB Ratio of 0.16 as of Jul. 21, 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 Sanden and its competitors. This is 11% below median its historical median of 0.18. Over the past decade, Sanden's Cyclically Adjusted PB Ratio has ranged from 0.11 to 1.24. According to the industry distribution chart, Sanden ranks #31 out of 1032 companies in the Vehicles & Parts industry, placing it in the top 3%.
Is Sanden's Cyclically Adjusted PB Ratio too high?
Sanden's current Cyclically Adjusted PB Ratio of 0.16 is 11% below median its 10-year median of 0.18. Over the past 10 years, this metric has ranged from a low of 0.11 to a high of 1.24. The Vehicles & Parts industry median Cyclically Adjusted PB Ratio is 1.27. Sanden's value of 0.16 is 87.4% below this industry median. Based on the distribution chart, Sanden ranks #31 out of 1032 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Sanden has a GF Score™ of 49/100, reflecting its overall financial health beyond just this single metric.
How does Sanden's Cyclically Adjusted PB Ratio compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Sanden ranks #31 out of 1032 companies for Cyclically Adjusted PB Ratio. This places Sanden in the top 3% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.27. Sanden's value of 0.16 is 87.4% below this benchmark. Historically, Sanden's own Cyclically Adjusted PB Ratio has ranged from 0.11 to 1.24 over the past decade. While the company's 10-year median is 0.18 vs. the industry median of 1.27, Sanden 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 a Vehicles & Parts company?
The median Cyclically Adjusted PB Ratio among Vehicles & Parts companies is 1.27, based on 1,032 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. Sanden's current Cyclically Adjusted PB Ratio of 0.16 is 87.4% 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 Sanden and its competitors. For the Vehicles & Parts industry, the median Cyclically Adjusted PB Ratio is 1.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sanden's current Cyclically Adjusted PB Ratio is 0.16, which is 11% below median its own 10-year median of 0.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sanden stock overvalued right now?
Sanden (SAEOF) has a current Cyclically Adjusted PB Ratio of 0.16. The stock's GF Value™ is $3.43, compared to a current price of $3.60 — trading 5% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.16, which is 11% below median its 10-year median of 0.18 and 87.4% below the Vehicles & Parts industry median of 1.27. Sanden's overall GF Score™ is 49/100 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 Sanden (SAEOF), the current Cyclically Adjusted PB Ratio is 0.16 as of Jul. 21, 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 Sanden (SAEOF) Overvalued in 2026?

Based on GuruFocus' analysis, Sanden stock appears to be overvalued. The current stock price of $3.60 is trading 5% above its estimated GF Value™ of $3.43.

Key valuation signals for SAEOF:

  • Cyclically Adjusted PB Ratio: 0.16 (11% below median its 10-year median of 0.18)
  • GF Value™: $3.43 vs. price of $3.60 (5% above fair value)
  • GF Score™: 49/100 with 5 warning signs
  • Industry Position: 87.4% below the Vehicles & Parts median (#31 of 1032)

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


Sanden Business Description

Other Exchanges 6444:JapanSOE1:Germany
Address 20 Kotobuki-cho, Gunma, Isesaki, JPN, 372-8502
Sanden Corp is a Japan-based company that operates through two segments. The company's automotive systems segment manufactures and distributes automotive air conditioning systems and air-conditioner compressors. The commercial store systems segment manufactures and distributes automatic vending machines, commercial freezers, and refrigerated showcases. Sanden Holdings' products are provided to customers including multinational automobile makers, beverage manufacturers, and home users. The company generates the majority of its sales from the Asian market.
49GF Score

Get the complete analysis for SAEOF

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

$3.60
Price
$3.43
GF Value