UMC Electronics Co (TSE:6615) Cyclically Adjusted PB Ratio: 0.30 (As of Aug. 18, 2026) — 17% Below Median

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TSE:6615 UMC Electronics Co Ltd TSE:6615
54 GF Score
Price 円239.00
GF Value 円232.93
Valuation Fairly Valued
! 4 Warning Signs
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What is UMC Electronics Co Cyclically Adjusted PB Ratio?

UMC Electronics Co TSE:6615 -2.05% 54 Cyclically Adjusted PB Ratio is 0.30 as of Aug. 18, 2026, which is 17% below its 10-year median of 0.36. GuruFocus rates TSE:6615 with a GF Score™ of 54/100 and a GF Value™ of 円232.93 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,962 Hardware companies, UMC Electronics Co ranks better than 93.07% on this metric.

As of today (2026-08-18), UMC Electronics Co's current share price is 円239.00. UMC Electronics Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円793.92. UMC Electronics Co's Cyclically Adjusted PB Ratio for today is 0.30.

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

TSE:6615' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.28   Med: 0.36   Max: 0.44
Current: 0.3

During the past years, UMC Electronics Co's highest Cyclically Adjusted PB Ratio was 0.44. The lowest was 0.28. And the median was 0.36.

TSE:6615's Cyclically Adjusted PB Ratio is ranked better than
93.07% of 1962 companies
in the Hardware industry
Industry Median: 2.115 vs TSE:6615: 0.30

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.

UMC Electronics Co's adjusted book value per share data for the three months ended in Mar. 2026 was 円607.854. 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793.92 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


UMC Electronics Co  (TSE:6615) 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.


UMC Electronics Co Cyclically Adjusted PB Ratio Related Terms


UMC Electronics Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for UMC Electronics Co'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.

UMC Electronics Co Cyclically Adjusted PB Ratio Chart

UMC Electronics Co 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 0.00 0.00 0.00 0.00 0.38

UMC Electronics Co 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 0.00 0.36 0.42 0.38 0.00

TSE:6615 vs APH, GLW, TEL: Cyclically Adjusted PB Ratio Comparison

For the Electronic Components subindustry, UMC Electronics Co'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.


UMC Electronics Co Cyclically Adjusted PB Ratio vs Hardware Industry

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

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


TSE:6615
54GF Score
UMC Electronics Co Ltd TSE:6615
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

UMC Electronics Co 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.

UMC Electronics Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=239.00/793.92
=0.30

* 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.

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

For example, UMC Electronics Co'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)
=607.854/112.7000*112.7000
=607.854

Current CPI (Mar. 2026) = 112.7000.

UMC Electronics Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 886.078 98.100 1,017.951
201609 900.238 98.000 1,035.274
201612 1,021.276 98.400 1,169.693
201703 1,033.788 98.100 1,187.644
201706 1,050.799 98.500 1,202.285
201709 1,098.184 98.800 1,252.686
201712 1,130.796 99.400 1,282.100
201803 1,129.257 99.200 1,282.936
201806 1,388.862 99.200 1,577.870
201809 1,425.981 99.900 1,608.689
201812 1,400.630 99.700 1,583.260
201903 899.468 99.700 1,016.751
201906 737.030 99.800 832.297
201909 646.303 100.100 727.656
201912 558.463 100.500 626.257
202003 174.449 100.300 196.016
202006 139.933 99.900 157.862
202009 162.374 99.900 183.179
202012 194.040 99.300 220.225
202103 525.850 99.900 593.226
202106 542.365 99.500 614.317
202109 541.057 100.100 609.162
202112 561.992 100.100 632.732
202203 602.200 101.100 671.295
202206 631.127 101.800 698.703
202209 632.364 103.100 691.246
202212 603.225 104.100 653.059
202303 636.396 104.400 686.991
202306 637.351 105.200 682.790
202309 644.494 106.200 683.940
202312 629.111 106.800 663.865
202403 696.584 107.200 732.323
202406 722.859 108.200 752.922
202409 632.294 108.900 654.358
202412 687.491 110.700 699.912
202503 543.319 111.100 551.144
202506 535.430 111.700 540.223
202509 563.326 112.000 566.847
202512 610.981 113.000 609.359
202603 607.854 112.700 607.854

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 0.30 mean?
UMC Electronics Co (TSE:6615) has a Cyclically Adjusted PB Ratio of 0.30 as of Aug. 18, 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 UMC Electronics Co and its competitors. This is 17% below median its historical median of 0.36. Over the past decade, UMC Electronics Co's Cyclically Adjusted PB Ratio has ranged from 0.28 to 0.44. According to the industry distribution chart, UMC Electronics Co ranks #136 out of 1962 companies in the Hardware industry, placing it in the top 6.9%.
Is UMC Electronics Co's Cyclically Adjusted PB Ratio too high?
UMC Electronics Co's current Cyclically Adjusted PB Ratio of 0.30 is 17% below median its 10-year median of 0.36. Over the past 10 years, this metric has ranged from a low of 0.28 to a high of 0.44. The Hardware industry median Cyclically Adjusted PB Ratio is 2.12. UMC Electronics Co's value of 0.30 is 85.8% below this industry median. Based on the distribution chart, UMC Electronics Co ranks #136 out of 1962 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, UMC Electronics Co has a GF Score™ of 54/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does UMC Electronics Co's Cyclically Adjusted PB Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, UMC Electronics Co ranks #136 out of 1962 companies for Cyclically Adjusted PB Ratio. This places UMC Electronics Co in the top 7% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 2.12. UMC Electronics Co's value of 0.30 is 85.8% below this benchmark. Historically, UMC Electronics Co's own Cyclically Adjusted PB Ratio has ranged from 0.28 to 0.44 over the past decade. While the company's 10-year median is 0.36 vs. the industry median of 2.12, UMC Electronics Co 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 Hardware company?
The median Cyclically Adjusted PB Ratio among Hardware companies is 2.12, based on 1,962 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. UMC Electronics Co's current Cyclically Adjusted PB Ratio of 0.30 is 85.8% 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 UMC Electronics Co and its competitors. For the Hardware industry, the median Cyclically Adjusted PB Ratio is 2.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. UMC Electronics Co's current Cyclically Adjusted PB Ratio is 0.30, which is 17% below median its own 10-year median of 0.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is UMC Electronics Co stock overvalued right now?
Based on GuruFocus' analysis, UMC Electronics Co (TSE:6615) is currently considered Fairly Valued. The stock's GF Value™ is 円232.93, compared to a current price of 円239.00 — trading 2.6% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.30, which is 17% below median its 10-year median of 0.36 and 85.8% below the Hardware industry median of 2.12. UMC Electronics Co's overall GF Score™ is 54/100 with 4 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 UMC Electronics Co (TSE:6615), the current Cyclically Adjusted PB Ratio is 0.30 as of Aug. 18, 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 UMC Electronics Co (TSE:6615) Overvalued in 2026?

Based on GuruFocus' analysis, UMC Electronics Co stock appears to be overvalued. The current stock price of 円239.00 is trading 2.6% above its estimated GF Value™ of 円232.93. GuruFocus considers UMC Electronics Co to be Fairly Valued.

Key valuation signals for TSE:6615:

  • Cyclically Adjusted PB Ratio: 0.30 (17% below median its 10-year median of 0.36)
  • GF Value™: 円232.93 vs. price of 円239.00 (2.6% above fair value)
  • GF Score™: 54/100 with 4 warning signs
  • Industry Position: 85.8% below the Hardware median (#136 of 1962)

No single metric tells the full story. See the TSE:6615 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


UMC Electronics Co Business Description

Other Exchanges UM3:Germany
Address 721 Kawarabuki, Ageo, Saitama, JPN, 362-0022
UMC Electronics Co Ltd manufactures electronics and electronic components. The company develops antennas, active tags and readers, devices for fingerprint authentication systems, IC card reader/writer-related devices contact and non-contact type, monitoring alarm for vehicle abnormalities, PHS terminals, pachinko amusement/pinball, game pachinko/pinball game control units, devices related to credit/debit cards, handy terminals, and original reader/writer core units.
54GF Score

Get the complete analysis for TSE:6615

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

円239.00
Price
円232.93
GF Value