Yamada (TSE:6392) Cyclically Adjusted PB Ratio: 1.37 (As of Aug. 03, 2026) — 38% Above Median

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TSE:6392 Yamada Corp TSE:6392
86 GF Score
Price 円7,500.00
GF Value 円5,852.77
Valuation Modestly Overvalued
! 5 Warning Signs
View Full Analysis

What is Yamada Cyclically Adjusted PB Ratio?

Yamada TSE:6392 86 Cyclically Adjusted PB Ratio is 1.37 as of Aug. 03, 2026, which is 38% above its 10-year median of 0.99. GuruFocus rates TSE:6392 with a GF Score™ of 86/100 and a GF Value™ of 円5,852.77 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 2,261 Industrial Products companies, Yamada ranks better than 64.53% on this metric.

As of today (2026-08-03), Yamada's current share price is 円7500.00. Yamada's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar26 was 円5,477.75. Yamada's Cyclically Adjusted PB Ratio for today is 1.37.

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

TSE:6392' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.63   Med: 0.99   Max: 1.55
Current: 1.37

During the past 13 years, Yamada's highest Cyclically Adjusted PB Ratio was 1.55. The lowest was 0.63. And the median was 0.99.

TSE:6392's Cyclically Adjusted PB Ratio is ranked better than
64.53% of 2261 companies
in the Industrial Products industry
Industry Median: 2.07 vs TSE:6392: 1.37

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.

Yamada's adjusted book value per share data of for the fiscal year that ended in Mar26 was 円7,566.507. 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 円5,477.75 for the trailing ten years ended in Mar26.

Shiller PE for Stocks: The True Measure of Stock Valuation


Yamada  (TSE:6392) 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.


Yamada Cyclically Adjusted PB Ratio Related Terms


Yamada Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Yamada'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.

Yamada Cyclically Adjusted PB Ratio Chart

Yamada 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 0.73 0.72 1.34 1.12 1.18

Yamada Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 1.34 1.25 1.12 0.00 1.18

TSE:6392 vs GEV, ETN, PH: Cyclically Adjusted PB Ratio Comparison

For the Specialty Industrial Machinery subindustry, Yamada'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.


Yamada Cyclically Adjusted PB Ratio vs Industrial Products Industry

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

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


TSE:6392
86GF Score
Yamada Corp TSE:6392
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Yamada 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=7500.00/5477.75
=1.37

* 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.

Yamada's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar26 is calculated as:

For example, Yamada's adjusted Book Value per Share data for the fiscal year that ended in Mar26 was:

Adj_Book=Book Value per Share/CPI of Mar26 (Change)*Current CPI (Mar26)
=7566.507/112.7000*112.7000
=7,566.507

Current CPI (Mar26) = 112.7000.

Yamada Annual Data

Book Value per Share CPI Adj_Book
201703 3,059.167 98.100 3,514.456
201803 3,492.714 99.200 3,968.033
201903 3,956.452 99.700 4,472.338
202003 4,204.072 100.300 4,723.818
202103 4,531.434 99.900 5,112.038
202203 5,007.492 101.100 5,582.041
202303 5,622.467 104.400 6,069.464
202403 6,483.052 107.200 6,815.671
202503 6,854.396 111.100 6,953.109
202603 7,566.507 112.700 7,566.507

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 1.37 mean?
Yamada (TSE:6392) has a Cyclically Adjusted PB Ratio of 1.37 as of Aug. 03, 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 Yamada and its competitors. This is 38% above median its historical median of 0.99. Over the past decade, Yamada's Cyclically Adjusted PB Ratio has ranged from 0.63 to 1.55. According to the industry distribution chart, Yamada ranks #802 out of 2261 companies in the Industrial Products industry, placing it in the top 35.5%.
Is Yamada's Cyclically Adjusted PB Ratio too high?
Yamada's current Cyclically Adjusted PB Ratio of 1.37 is 38% above median its 10-year median of 0.99. Over the past 10 years, this metric has ranged from a low of 0.63 to a high of 1.55. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.07. Yamada's value of 1.37 is 33.8% below this industry median. Based on the distribution chart, Yamada ranks #802 out of 2261 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Yamada has a GF Score™ of 86/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Yamada's Cyclically Adjusted PB Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Yamada ranks #802 out of 2261 companies for Cyclically Adjusted PB Ratio. This puts Yamada in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.07. Yamada's value of 1.37 is 33.8% below this benchmark. Historically, Yamada's own Cyclically Adjusted PB Ratio has ranged from 0.63 to 1.55 over the past decade. While the company's 10-year median is 0.99 vs. the industry median of 2.07, Yamada 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 2.07, based on 2,261 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. Yamada's current Cyclically Adjusted PB Ratio of 1.37 is 33.8% 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 Yamada and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Yamada's current Cyclically Adjusted PB Ratio is 1.37, which is 38% above median its own 10-year median of 0.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Yamada stock overvalued right now?
Based on GuruFocus' analysis, Yamada (TSE:6392) is currently considered Modestly Overvalued. The stock's GF Value™ is 円5,852.77, compared to a current price of 円7,500.00 — trading 28.1% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.37, which is 38% above median its 10-year median of 0.99 and 33.8% below the Industrial Products industry median of 2.07. Yamada's overall GF Score™ is 86/100 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 Yamada (TSE:6392), the current Cyclically Adjusted PB Ratio is 1.37 as of Aug. 03, 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 Yamada (TSE:6392) Overvalued in 2026?

Based on GuruFocus' analysis, Yamada stock appears to be overvalued. The current stock price of 円7,500.00 is trading 28.1% above its estimated GF Value™ of 円5,852.77. GuruFocus considers Yamada to be Modestly Overvalued.

Key valuation signals for TSE:6392:

  • Cyclically Adjusted PB Ratio: 1.37 (38% above median its 10-year median of 0.99)
  • GF Value™: 円5,852.77 vs. price of 円7,500.00 (28.1% above fair value)
  • GF Score™: 86/100 with 5 warning signs
  • Industry Position: 33.8% below the Industrial Products median (#802 of 2261)

No single metric tells the full story. See the TSE:6392 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Yamada Business Description

Address No.1-3, 1-Chome, MinamiMagome, Ota-ku, Tokyo, JPN, 143-8504
Yamada Corp is engaged in the manufacturing and sale of pneumatic, hydraulic, electric driven and other types of pumps and associated equipment. It is also engaged in the manufacture and sales of transfer, spray and suction pumps and equipment for gas, liquid, powder, viscose and granulated materials.
86GF Score

Get the complete analysis for TSE:6392

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

円7,500.00
Price
円5,852.77
GF Value