Towa (TOWCF) Cyclically Adjusted PB Ratio: 3.90 (As of Jul. 11, 2026) — 65% Above Median


TOWCF Towa Corp TOWCF
69 GF Score
Price $19.48
GF Value $18.51
Valuation Fairly Valued
! 9 Warning Signs
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What is Towa Cyclically Adjusted PB Ratio?

Towa TOWCF +2.53% 69 Cyclically Adjusted PB Ratio is 3.90 as of Jul. 11, 2026, which is 65% above its 10-year median of 2.37. GuruFocus rates TOWCF with a GF Score™ of 69/100 and a GF Value™ of $18.51 (Fairly Valued). The stock has 9 warning signs investors should review. Among 736 Semiconductors companies, Towa ranks worse than 63.86% on this metric.

As of today (2026-07-11), Towa's current share price is $19.48. Towa's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $4.99. Towa's Cyclically Adjusted PB Ratio for today is 3.90.

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

TOWCF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.69   Med: 2.37   Max: 10.37
Current: 5.9

During the past years, Towa's highest Cyclically Adjusted PB Ratio was 10.37. The lowest was 0.69. And the median was 2.37.

TOWCF's Cyclically Adjusted PB Ratio is ranked worse than
63.86% of 736 companies
in the Semiconductors industry
Industry Median: 3.67 vs TOWCF: 5.90

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.

Towa's adjusted book value per share data for the three months ended in Mar. 2026 was $5.931. 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 $4.99 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Towa  (OTCPK:TOWCF) 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.


Towa Cyclically Adjusted PB Ratio Related Terms


Towa Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Towa'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.

Towa Cyclically Adjusted PB Ratio Chart

Towa 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 2.46 1.84 8.13 2.96 3.93

Towa 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 2.96 3.90 4.02 3.90 3.93

TOWCF vs AMAT, LRCX, KLAC: Cyclically Adjusted PB Ratio Comparison

For the Semiconductor Equipment & Materials subindustry, Towa'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.


Towa Cyclically Adjusted PB Ratio vs Semiconductors Industry

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

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


TOWCF
69GF Score
Towa Corp TOWCF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Towa 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=19.48/4.99
=3.90

* 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.

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

For example, Towa'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)
=5.931/112.7000*112.7000
=5.931

Current CPI (Mar. 2026) = 112.7000.

Towa Quarterly Data

Book Value per Share CPI Adj_Book
201606 2.592 98.100 2.978
201609 2.828 98.000 3.252
201612 2.713 98.400 3.107
201703 2.915 98.100 3.349
201706 3.017 98.500 3.452
201709 3.158 98.800 3.602
201712 3.223 99.400 3.654
201803 3.507 99.200 3.984
201806 3.362 99.200 3.820
201809 3.328 99.900 3.754
201812 3.208 99.700 3.626
201903 3.312 99.700 3.744
201906 3.254 99.800 3.675
201909 3.314 100.100 3.731
201912 3.379 100.500 3.789
202003 3.333 100.300 3.745
202006 3.336 99.900 3.763
202009 3.514 99.900 3.964
202012 3.765 99.300 4.273
202103 3.823 99.900 4.313
202106 4.003 99.500 4.534
202109 4.272 100.100 4.810
202112 4.504 100.100 5.071
202203 4.578 101.100 5.103
202206 4.253 101.800 4.708
202209 4.173 103.100 4.562
202212 4.443 104.100 4.810
202303 4.707 104.400 5.081
202306 4.588 105.200 4.915
202309 4.513 106.200 4.789
202312 4.806 106.800 5.072
202403 5.201 107.200 5.468
202406 5.041 108.200 5.251
202409 5.498 108.900 5.690
202412 5.312 110.700 5.408
202503 5.491 111.100 5.570
202506 5.558 111.700 5.608
202509 5.754 112.000 5.790
202512 5.771 113.000 5.756
202603 5.931 112.700 5.931

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 3.90 mean?
Towa (TOWCF) has a Cyclically Adjusted PB Ratio of 3.90 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 Towa and its competitors. This is 65% above median its historical median of 2.37. Over the past decade, Towa's Cyclically Adjusted PB Ratio has ranged from 0.69 to 10.37. According to the industry distribution chart, Towa ranks #470 out of 736 companies in the Semiconductors industry, placing it in the top 63.9%.
Is Towa's Cyclically Adjusted PB Ratio too high?
Towa's current Cyclically Adjusted PB Ratio of 3.90 is 65% above median its 10-year median of 2.37. Over the past 10 years, this metric has ranged from a low of 0.69 to a high of 10.37. The Semiconductors industry median Cyclically Adjusted PB Ratio is 3.67. Towa's value of 3.90 is 6.3% above this industry median. Based on the distribution chart, Towa ranks #470 out of 736 companies in the Semiconductors industry, which is below the industry midpoint. Overall, Towa has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Towa's Cyclically Adjusted PB Ratio compare to AMAT and LRCX?
According to the Semiconductors industry distribution chart, Towa ranks #470 out of 736 companies for Cyclically Adjusted PB Ratio. This places Towa in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 3.67. Towa's value of 3.90 is 6.3% above this benchmark. Historically, Towa's own Cyclically Adjusted PB Ratio has ranged from 0.69 to 10.37 over the past decade. While the company's 10-year median is 2.37 vs. the industry median of 3.67, Towa 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 Semiconductors company?
The median Cyclically Adjusted PB Ratio among Semiconductors companies is 3.67, based on 736 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. Towa's current Cyclically Adjusted PB Ratio of 3.90 is 6.3% 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 Towa and its competitors. For the Semiconductors industry, the median Cyclically Adjusted PB Ratio is 3.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Towa's current Cyclically Adjusted PB Ratio is 3.90, which is 65% above median its own 10-year median of 2.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Towa stock overvalued right now?
Based on GuruFocus' analysis, Towa (TOWCF) is currently considered Fairly Valued. The stock's GF Value™ is $18.51, compared to a current price of $19.48 — trading 5.2% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 3.90, which is 65% above median its 10-year median of 2.37 and 6.3% above the Semiconductors industry median of 3.67. Towa's overall GF Score™ is 69/100 with 9 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 Towa (TOWCF), the current Cyclically Adjusted PB Ratio is 3.90 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 Towa (TOWCF) Overvalued in 2026?

Based on GuruFocus' analysis, Towa stock appears to be overvalued. The current stock price of $19.48 is trading 5.2% above its estimated GF Value™ of $18.51. GuruFocus considers Towa to be Fairly Valued.

Key valuation signals for TOWCF:

  • Cyclically Adjusted PB Ratio: 3.90 (65% above median its 10-year median of 2.37)
  • GF Value™: $18.51 vs. price of $19.48 (5.2% above fair value)
  • GF Score™: 69/100 with 9 warning signs
  • Industry Position: 6.3% above the Semiconductors median (#470 of 736)

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


Towa Business Description

Other Exchanges 6315:JapanTWA:Germany
Address 5 Kamichoshi-cho, Kamitoba, Minami-ku, Kyoto, JPN, 601-8105
Towa Corp develops, manufactures and sells resin encapsulation systems for semiconductors and singulation systems. In addition, it also manufactures and sells precision molds for manufacturing semiconductors and plastic molded products. Its product portfolio is divided into two technologies molding including light-emitting diode, semiconductor, and sensors/module products and Singulation including semiconductor, and light-emitting diode-other applications. The company's segments include semiconductor equipment and fine plastic mold. The majority of the company revenue is derived from the sale of semiconductor equipment.
69GF 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.

$19.48
Price
$18.51
GF Value