Yamada (TSE:6392) Cyclically Adjusted PB Ratio: (As of Sep. 20, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
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.

TSE:6392 Yamada Corp TSE:6392
86 GF Score
Price 円7,870.00
GF Value 円6,256.43
Valuation Modestly Overvalued
! 2 Warning Signs
View Full Analysis

What is Yamada Cyclically Adjusted PB Ratio?

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 0.71 0.70 1.31 1.09 1.16

Yamada Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.97 1.03 1.28 1.20 1.27

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 Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Yamada's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=7824.184/113.6000*113.6000
=7,824.184

Current CPI (Jun. 2026) = 113.6000.

Yamada Quarterly Data

Book Value per Share CPI Adj_Book
201609 2,991.875 98.000 3,468.133
201612 3,108.578 98.400 3,588.765
201703 3,163.018 98.100 3,662.781
201706 3,242.776 98.500 3,739.892
201709 3,375.324 98.800 3,880.939
201712 3,475.050 99.400 3,971.486
201803 3,603.808 99.200 4,126.941
201806 3,715.475 99.200 4,254.818
201809 3,911.467 99.900 4,447.874
201812 3,942.575 99.700 4,492.242
201903 4,075.757 99.700 4,643.992
201906 4,118.957 99.800 4,688.512
201909 4,187.831 100.100 4,752.623
201912 4,290.633 100.500 4,849.910
202003 4,325.356 100.300 4,898.908
202006 4,348.860 99.900 4,945.250
202009 4,437.009 99.900 5,045.488
202012 4,473.327 99.300 5,117.522
202103 4,649.761 99.900 5,287.416
202106 4,723.740 99.500 5,393.134
202109 4,849.770 100.100 5,503.835
202112 4,968.561 100.100 5,638.647
202203 5,131.031 101.100 5,765.431
202206 5,314.138 101.800 5,930.119
202209 5,533.197 103.100 6,096.714
202212 5,549.212 104.100 6,055.624
202303 5,740.916 104.400 6,246.820
202306 5,982.251 105.200 6,459.921
202309 6,275.771 106.200 6,713.066
202312 6,315.556 106.800 6,717.670
202403 6,602.982 107.200 6,997.190
202406 6,710.343 108.200 7,045.240
202409 6,673.460 108.900 6,961.479
202412 6,908.742 110.700 7,089.730
202503 6,977.944 111.100 7,134.963
202506 7,042.354 111.700 7,162.143
202509 7,280.277 112.000 7,384.281
202512 7,408.118 113.000 7,447.453
202603 7,690.679 112.700 7,752.095
202606 7,824.184 113.600 7,824.184

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.

Is Yamada (TSE:6392) Overvalued in 2026?

Based on GuruFocus' analysis, Yamada stock appears to be overvalued. The current stock price of 円7,870.00 is trading 25.8% above its estimated GF Value™ of 円6,256.43. GuruFocus considers Yamada to be Modestly Overvalued.

Key valuation signals for TSE:6392:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: 円6,256.43 vs. price of 円7,870.00 (25.8% above fair value)
  • GF Score™: 86/100 with 2 warning signs

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7,870.00
Price
円6,256.43
GF Value