TOREX SEMICONDUCTOR (TSE:6616) Cyclically Adjusted PB Ratio: 1.10 (As of Aug. 15, 2026) — 20% Above Median

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Director of Data and Quant Analytics at GuruFocus
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TSE:6616 TOREX SEMICONDUCTOR Ltd TSE:6616
61 GF Score
Price 円2,075.00
GF Value 円1,666.71
Valuation Modestly Overvalued
! 3 Warning Signs
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What is TOREX SEMICONDUCTOR Cyclically Adjusted PB Ratio?

TOREX SEMICONDUCTOR TSE:6616 -1.98% 61 Cyclically Adjusted PB Ratio is 1.10 as of Aug. 15, 2026, which is 20% above its 10-year median of 0.92. GuruFocus rates TSE:6616 with a GF Score™ of 61/100 and a GF Value™ of 円1,666.71 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 727 Semiconductors companies, TOREX SEMICONDUCTOR ranks better than 79.23% on this metric.

As of today (2026-08-15), TOREX SEMICONDUCTOR's current share price is 円2075.00. TOREX SEMICONDUCTOR's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円1,883.99. TOREX SEMICONDUCTOR's Cyclically Adjusted PB Ratio for today is 1.10.

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

TSE:6616' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.58   Med: 0.92   Max: 1.49
Current: 1.12

During the past years, TOREX SEMICONDUCTOR's highest Cyclically Adjusted PB Ratio was 1.49. The lowest was 0.58. And the median was 0.92.

TSE:6616's Cyclically Adjusted PB Ratio is ranked better than
79.23% of 727 companies
in the Semiconductors industry
Industry Median: 3.23 vs TSE:6616: 1.12

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.

TOREX SEMICONDUCTOR's adjusted book value per share data for the three months ended in Mar. 2026 was 円1,771.327. 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1,883.99 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


TOREX SEMICONDUCTOR  (TSE:6616) 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.


TOREX SEMICONDUCTOR Cyclically Adjusted PB Ratio Related Terms


TOREX SEMICONDUCTOR Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for TOREX SEMICONDUCTOR'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.

TOREX SEMICONDUCTOR Cyclically Adjusted PB Ratio Chart

TOREX SEMICONDUCTOR 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 1.08 0.66 0.82

TOREX SEMICONDUCTOR 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 0.74 0.90 0.77 0.82 0.00

TSE:6616 vs NVDA, AVGO, MU: Cyclically Adjusted PB Ratio Comparison

For the Semiconductors subindustry, TOREX SEMICONDUCTOR'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.


TOREX SEMICONDUCTOR Cyclically Adjusted PB Ratio vs Semiconductors Industry

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

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


TSE:6616
61GF Score
TOREX SEMICONDUCTOR Ltd TSE:6616
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TOREX SEMICONDUCTOR 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.

TOREX SEMICONDUCTOR's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2075.00/1883.99
=1.10

* 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.

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

For example, TOREX SEMICONDUCTOR'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)
=1771.327/112.7000*112.7000
=1,771.327

Current CPI (Mar. 2026) = 112.7000.

TOREX SEMICONDUCTOR Quarterly Data

Book Value per Share CPI Adj_Book
201606 1,060.073 98.100 1,217.841
201609 1,073.012 98.000 1,233.964
201612 1,180.808 98.400 1,352.409
201703 1,267.703 98.100 1,456.372
201706 1,279.764 98.500 1,464.258
201709 1,306.699 98.800 1,490.536
201712 1,324.179 99.400 1,501.358
201803 1,338.698 99.200 1,520.880
201806 1,455.922 99.200 1,654.057
201809 1,506.864 99.900 1,699.936
201812 1,487.779 99.700 1,681.772
201903 1,717.895 99.700 1,941.893
201906 1,703.915 99.800 1,924.161
201909 1,721.143 100.100 1,937.790
201912 1,721.958 100.500 1,930.992
202003 1,712.233 100.300 1,923.915
202006 1,709.263 99.900 1,928.268
202009 1,711.119 99.900 1,930.361
202012 1,687.266 99.300 1,914.953
202103 1,808.951 99.900 2,040.729
202106 1,809.548 99.500 2,049.609
202109 1,886.050 100.100 2,123.455
202112 1,944.976 100.100 2,189.798
202203 2,077.630 101.100 2,316.013
202206 2,196.575 101.800 2,431.768
202209 2,329.446 103.100 2,546.349
202212 2,328.001 104.100 2,520.324
202303 2,236.219 104.400 2,414.003
202306 2,234.491 105.200 2,393.794
202309 2,228.189 106.200 2,364.566
202312 2,128.717 106.800 2,246.315
202403 1,868.446 107.200 1,964.308
202406 1,881.970 108.200 1,960.240
202409 1,833.049 108.900 1,897.012
202412 1,815.455 110.700 1,848.255
202503 1,616.708 111.100 1,639.991
202506 1,601.912 111.700 1,616.253
202509 1,652.482 112.000 1,662.810
202512 1,661.396 113.000 1,656.985
202603 1,771.327 112.700 1,771.327

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 1.10 mean?
TOREX SEMICONDUCTOR (TSE:6616) has a Cyclically Adjusted PB Ratio of 1.10 as of Aug. 15, 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 TOREX SEMICONDUCTOR and its competitors. This is 20% above median its historical median of 0.92. Over the past decade, TOREX SEMICONDUCTOR's Cyclically Adjusted PB Ratio has ranged from 0.58 to 1.49. According to the industry distribution chart, TOREX SEMICONDUCTOR ranks #151 out of 727 companies in the Semiconductors industry, placing it in the top 20.8%.
Is TOREX SEMICONDUCTOR's Cyclically Adjusted PB Ratio too high?
TOREX SEMICONDUCTOR's current Cyclically Adjusted PB Ratio of 1.10 is 20% above median its 10-year median of 0.92. Over the past 10 years, this metric has ranged from a low of 0.58 to a high of 1.49. The Semiconductors industry median Cyclically Adjusted PB Ratio is 3.23. TOREX SEMICONDUCTOR's value of 1.10 is 65.9% below this industry median. Based on the distribution chart, TOREX SEMICONDUCTOR ranks #151 out of 727 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, TOREX SEMICONDUCTOR has a GF Score™ of 61/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does TOREX SEMICONDUCTOR's Cyclically Adjusted PB Ratio compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, TOREX SEMICONDUCTOR ranks #151 out of 727 companies for Cyclically Adjusted PB Ratio. This places TOREX SEMICONDUCTOR in the top 21% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 3.23. TOREX SEMICONDUCTOR's value of 1.10 is 65.9% below this benchmark. Historically, TOREX SEMICONDUCTOR's own Cyclically Adjusted PB Ratio has ranged from 0.58 to 1.49 over the past decade. While the company's 10-year median is 0.92 vs. the industry median of 3.23, TOREX SEMICONDUCTOR 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 Semiconductors company?
The median Cyclically Adjusted PB Ratio among Semiconductors companies is 3.23, based on 727 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. TOREX SEMICONDUCTOR's current Cyclically Adjusted PB Ratio of 1.10 is 65.9% 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 TOREX SEMICONDUCTOR and its competitors. For the Semiconductors industry, the median Cyclically Adjusted PB Ratio is 3.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TOREX SEMICONDUCTOR's current Cyclically Adjusted PB Ratio is 1.10, which is 20% above median its own 10-year median of 0.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TOREX SEMICONDUCTOR stock overvalued right now?
Based on GuruFocus' analysis, TOREX SEMICONDUCTOR (TSE:6616) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,666.71, compared to a current price of 円2,075.00 — trading 24.5% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.10, which is 20% above median its 10-year median of 0.92 and 65.9% below the Semiconductors industry median of 3.23. TOREX SEMICONDUCTOR's overall GF Score™ is 61/100 with 3 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 TOREX SEMICONDUCTOR (TSE:6616), the current Cyclically Adjusted PB Ratio is 1.10 as of Aug. 15, 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 TOREX SEMICONDUCTOR (TSE:6616) Overvalued in 2026?

Based on GuruFocus' analysis, TOREX SEMICONDUCTOR stock appears to be overvalued. The current stock price of 円2,075.00 is trading 24.5% above its estimated GF Value™ of 円1,666.71. GuruFocus considers TOREX SEMICONDUCTOR to be Modestly Overvalued.

Key valuation signals for TSE:6616:

  • Cyclically Adjusted PB Ratio: 1.10 (20% above median its 10-year median of 0.92)
  • GF Value™: 円1,666.71 vs. price of 円2,075.00 (24.5% above fair value)
  • GF Score™: 61/100 with 3 warning signs
  • Industry Position: 65.9% below the Semiconductors median (#151 of 727)

No single metric tells the full story. See the TSE:6616 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


TOREX SEMICONDUCTOR Business Description

Other Exchanges 8KH:Germany
Address 1-24-1 Shinkawa, 3rd Floor, DAIHO ANNEX, Chuo-Ku, Tokyo, JPN, 104-0033
TOREX SEMICONDUCTOR Ltd is engaged in the business of designing, manufacturing, and selling semiconductor devices. The product portfolio includes DC / DC converter, Voltage regulator, Voltage detector, Load switch, Charge pump, Pushbutton controller, Temperature sensor, Switching Diode, Bridge diode, Fast recovery diode, and Transient voltage suppressor.
61GF Score

Get the complete analysis for TSE:6616

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

円2,075.00
Price
円1,666.71
GF Value