SHICF (Shibaura Mechatronics) Cyclically Adjusted PB Ratio: 20.01 (As of Jul. 26, 2026) — 759% Above Median

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Director of Data and Quant Analytics at GuruFocus
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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.

SHICF Shibaura Mechatronics Corp SHICF
63 GF Score
Price $29.02
GF Value $12.95
Valuation Significantly Overvalued
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What is Shibaura Mechatronics Cyclically Adjusted PB Ratio?

Shibaura Mechatronics SHICF 63 Cyclically Adjusted PB Ratio is 20.01 as of Jul. 26, 2026, which is 759% above its 10-year median of 2.33. GuruFocus rates SHICF with a GF Scoreâ„¢ of 63/100 and a GF Valueâ„¢ of $12.95 (Significantly Overvalued). Among 1,979 Hardware companies, Shibaura Mechatronics ranks worse than 93.18% on this metric.

As of today (2026-07-26), Shibaura Mechatronics's current share price is $29.02. Shibaura Mechatronics's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $1.45. Shibaura Mechatronics's Cyclically Adjusted PB Ratio for today is 20.01.

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

SHICF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.6   Med: 2.33   Max: 13.88
Current: 11.75

During the past years, Shibaura Mechatronics's highest Cyclically Adjusted PB Ratio was 13.88. The lowest was 0.60. And the median was 2.33.

SHICF's Cyclically Adjusted PB Ratio is ranked worse than
93.18% of 1979 companies
in the Hardware industry
Industry Median: 2.01 vs SHICF: 11.75

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.

Shibaura Mechatronics's adjusted book value per share data for the three months ended in Mar. 2026 was $5.337. 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 $1.45 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shibaura Mechatronics  (OTCPK:SHICF) 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.


Shibaura Mechatronics Cyclically Adjusted PB Ratio Related Terms


Shibaura Mechatronics Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Shibaura Mechatronics'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.

Shibaura Mechatronics Cyclically Adjusted PB Ratio Chart

Shibaura Mechatronics 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 2.26 3.78 3.95 3.79 9.17

Shibaura Mechatronics 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 3.79 5.66 6.56 9.10 9.17

SHICF vs APH, GLW: Cyclically Adjusted PB Ratio Comparison

For the Electronic Components subindustry, Shibaura Mechatronics'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.


Shibaura Mechatronics Cyclically Adjusted PB Ratio vs Hardware Industry

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

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


SHICF
63GF Score
Shibaura Mechatronics Corp SHICF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shibaura Mechatronics 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.

Shibaura Mechatronics's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=29.02/1.45
=20.01

* 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.

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

For example, Shibaura Mechatronics'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)
=5.337/112.7000*112.7000
=5.337

Current CPI (Mar. 2026) = 112.7000.

Shibaura Mechatronics Quarterly Data

Book Value per Share CPI Adj_Book
201606 1.987 98.100 2.283
201609 2.110 98.000 2.427
201612 1.819 98.400 2.083
201703 1.976 98.100 2.270
201706 2.003 98.500 2.292
201709 2.094 98.800 2.389
201712 2.045 99.400 2.319
201803 2.302 99.200 2.615
201806 2.219 99.200 2.521
201809 2.312 99.900 2.608
201812 2.375 99.700 2.685
201903 2.499 99.700 2.825
201906 2.550 99.800 2.880
201909 2.684 100.100 3.022
201912 2.713 100.500 3.042
202003 2.767 100.300 3.109
202006 2.710 99.900 3.057
202009 2.926 99.900 3.301
202012 2.989 99.300 3.392
202103 3.035 99.900 3.424
202106 2.919 99.500 3.306
202109 3.053 100.100 3.437
202112 3.060 100.100 3.445
202203 3.132 101.100 3.491
202206 2.857 101.800 3.163
202209 2.868 103.100 3.135
202212 3.352 104.100 3.629
202303 3.724 104.400 4.020
202306 3.454 105.200 3.700
202309 3.476 106.200 3.689
202312 3.809 106.800 4.019
202403 3.946 107.200 4.148
202406 0.000 108.200 0.000
202409 4.328 108.900 4.479
202412 4.278 110.700 4.355
202503 4.841 111.100 4.911
202506 4.884 111.700 4.928
202509 5.042 112.000 5.074
202512 5.130 113.000 5.116
202603 5.337 112.700 5.337

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 20.01 mean?
Shibaura Mechatronics (SHICF) has a Cyclically Adjusted PB Ratio of 20.01 as of Jul. 26, 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 Shibaura Mechatronics and its competitors. This is 759% above median its historical median of 2.33. Over the past decade, Shibaura Mechatronics' Cyclically Adjusted PB Ratio has ranged from 0.60 to 13.88. According to the industry distribution chart, Shibaura Mechatronics ranks #1844 out of 1979 companies in the Hardware industry, placing it in the top 93.2%.
Is Shibaura Mechatronics' Cyclically Adjusted PB Ratio too high?
Shibaura Mechatronics' current Cyclically Adjusted PB Ratio of 20.01 is 759% above median its 10-year median of 2.33. Over the past 10 years, this metric has ranged from a low of 0.60 to a high of 13.88. The Hardware industry median Cyclically Adjusted PB Ratio is 2.01. Shibaura Mechatronics' value of 20.01 is 895.5% above this industry median. Based on the distribution chart, Shibaura Mechatronics ranks #1844 out of 1979 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Shibaura Mechatronics has a GF Scoreâ„¢ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shibaura Mechatronics' Cyclically Adjusted PB Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, Shibaura Mechatronics ranks #1844 out of 1979 companies for Cyclically Adjusted PB Ratio. This places Shibaura Mechatronics in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.01. Shibaura Mechatronics' value of 20.01 is 895.5% above this benchmark. Historically, Shibaura Mechatronics' own Cyclically Adjusted PB Ratio has ranged from 0.60 to 13.88 over the past decade. While the company's 10-year median is 2.33 vs. the industry median of 2.01, Shibaura Mechatronics 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 2.01, based on 1,979 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. Shibaura Mechatronics's current Cyclically Adjusted PB Ratio of 20.01 is 895.5% 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 Shibaura Mechatronics and its competitors. For the Hardware industry, the median Cyclically Adjusted PB Ratio is 2.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shibaura Mechatronics's current Cyclically Adjusted PB Ratio is 20.01, which is 759% above median its own 10-year median of 2.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shibaura Mechatronics stock overvalued right now?
Based on GuruFocus' analysis, Shibaura Mechatronics (SHICF) is currently considered Significantly Overvalued. The stock's GF Value™ is $12.95, compared to a current price of $29.02 — trading 124.1% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 20.01, which is 759% above median its 10-year median of 2.33 and 895.5% above the Hardware industry median of 2.01. Shibaura Mechatronics' overall GF Score™ is 63/100. 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 Shibaura Mechatronics (SHICF), the current Cyclically Adjusted PB Ratio is 20.01 as of Jul. 26, 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 Shibaura Mechatronics (SHICF) Overvalued in 2026?

Based on GuruFocus' analysis, Shibaura Mechatronics stock appears to be overvalued. The current stock price of $29.02 is trading 124.1% above its estimated GF Value™ of $12.95. GuruFocus considers Shibaura Mechatronics to be Significantly Overvalued.

Key valuation signals for SHICF:

  • Cyclically Adjusted PB Ratio: 20.01 (759% above median its 10-year median of 2.33)
  • GF Value™: $12.95 vs. price of $29.02 (124.1% above fair value)
  • GF Score™: 63/100
  • Industry Position: 895.5% above the Hardware median (#1844 of 1979)

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


Shibaura Mechatronics Business Description

Other Exchanges 6590:JapanGW4:Germany
Address 2-5-1, Kasama, Sakae-ku, Kanagawa Prefecture, Yokohama, JPN, 247-8610
Shibaura Mechatronics Corp is engaged in the manufacturing and sales of semiconductor manufacturing equipment, FPD manufacturing equipment, vacuum equipment, laser equipment, and ticket vending machines, as well as providing maintenance services and maintaining and upkeeping factory buildings and other facilities. The group's reportable segments are Fine Mechatronics, Mechatronics Systems, Distribution Equipment Systems, and Real Estate Leasing. The majority of its revenue is generated from the Fine Mechatronics segment, which manufactures semiconductor manufacturing equipment, FPD manufacturing equipment, inkjet tablet printing equipment, laser application equipment, microwave application equipment, vacuum pumps, etc.
63GF Score

Get the complete analysis for SHICF

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

$29.02
Price
$12.95
GF Value