JVCKenwood (TSE:6632) Cyclically Adjusted PB Ratio: 1.81 (As of Aug. 13, 2026) — 159% Above Median

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TSE:6632 JVCKenwood Corp TSE:6632
76 GF Score
Price 円1,029.00
GF Value 円1,180.46
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is JVCKenwood Cyclically Adjusted PB Ratio?

JVCKenwood TSE:6632 +1.03% 76 Cyclically Adjusted PB Ratio is 1.81 as of Aug. 13, 2026, which is 159% above its 10-year median of 0.70. GuruFocus rates TSE:6632 with a GF Score™ of 76/100 and a GF Value™ of 円1,180.46 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 992 Vehicles & Parts companies, JVCKenwood ranks worse than 59.48% on this metric.

As of today (2026-08-13), JVCKenwood's current share price is 円1029.00. JVCKenwood's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円567.40. JVCKenwood's Cyclically Adjusted PB Ratio for today is 1.81.

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

TSE:6632' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.33   Med: 0.7   Max: 3.61
Current: 1.75

During the past years, JVCKenwood's highest Cyclically Adjusted PB Ratio was 3.61. The lowest was 0.33. And the median was 0.70.

TSE:6632's Cyclically Adjusted PB Ratio is ranked worse than
59.48% of 992 companies
in the Vehicles & Parts industry
Industry Median: 1.265 vs TSE:6632: 1.75

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.

JVCKenwood's adjusted book value per share data for the three months ended in Mar. 2026 was 円1,017.703. 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567.40 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


JVCKenwood  (TSE:6632) 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.


JVCKenwood Cyclically Adjusted PB Ratio Related Terms


JVCKenwood Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for JVCKenwood'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.

JVCKenwood Cyclically Adjusted PB Ratio Chart

JVCKenwood 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 0.44 0.89 2.04 2.44 1.92

JVCKenwood 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 2.44 2.20 2.15 2.17 1.92

TSE:6632 vs ORLY, AZO: Cyclically Adjusted PB Ratio Comparison

For the Auto Parts subindustry, JVCKenwood'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.


JVCKenwood Cyclically Adjusted PB Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, JVCKenwood's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TSE:6632
76GF Score
JVCKenwood Corp TSE:6632
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

JVCKenwood 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1029.00/567.40
=1.81

* 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.

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

For example, JVCKenwood'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)
=1017.703/112.7000*112.7000
=1,017.703

Current CPI (Mar. 2026) = 112.7000.

JVCKenwood Quarterly Data

Book Value per Share CPI Adj_Book
201606 300.921 98.100 345.706
201609 277.323 98.000 318.921
201612 322.476 98.400 369.340
201703 284.644 98.100 327.007
201706 395.023 98.500 451.970
201709 417.297 98.800 476.006
201712 446.826 99.400 506.613
201803 364.418 99.200 414.011
201806 375.132 99.200 426.183
201809 388.769 99.900 438.581
201812 375.864 99.700 424.873
201903 378.233 99.700 427.551
201906 360.369 99.800 406.950
201909 349.514 100.100 393.509
201912 378.237 100.500 424.152
202003 344.543 100.300 387.139
202006 323.675 99.900 365.147
202009 323.494 99.900 364.943
202012 351.114 99.300 398.495
202103 394.321 99.900 444.845
202106 398.420 99.500 451.276
202109 391.593 100.100 440.884
202112 411.271 100.100 463.039
202203 486.253 101.100 542.045
202206 538.025 101.800 595.633
202209 578.527 103.100 632.396
202212 594.742 104.100 643.875
202303 604.387 104.400 652.437
202306 670.517 105.200 718.320
202309 709.632 106.200 753.065
202312 710.591 106.800 749.846
202403 761.345 107.200 800.407
202406 829.147 108.200 863.631
202409 785.171 108.900 812.569
202412 845.279 110.700 860.551
202503 845.062 111.100 857.232
202506 847.944 111.700 855.535
202509 894.407 112.000 899.997
202512 976.351 113.000 973.759
202603 1,017.703 112.700 1,017.703

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 1.81 mean?
JVCKenwood (TSE:6632) has a Cyclically Adjusted PB Ratio of 1.81 as of Aug. 13, 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 JVCKenwood and its competitors. This is 159% above median its historical median of 0.70. Over the past decade, JVCKenwood's Cyclically Adjusted PB Ratio has ranged from 0.33 to 3.61. According to the industry distribution chart, JVCKenwood ranks #590 out of 992 companies in the Vehicles & Parts industry, placing it in the top 59.5%.
Is JVCKenwood's Cyclically Adjusted PB Ratio too high?
JVCKenwood's current Cyclically Adjusted PB Ratio of 1.81 is 159% above median its 10-year median of 0.70. Over the past 10 years, this metric has ranged from a low of 0.33 to a high of 3.61. The Vehicles & Parts industry median Cyclically Adjusted PB Ratio is 1.27. JVCKenwood's value of 1.81 is 43.1% above this industry median. Based on the distribution chart, JVCKenwood ranks #590 out of 992 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, JVCKenwood has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does JVCKenwood's Cyclically Adjusted PB Ratio compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, JVCKenwood ranks #590 out of 992 companies for Cyclically Adjusted PB Ratio. This places JVCKenwood in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.27. JVCKenwood's value of 1.81 is 43.1% above this benchmark. Historically, JVCKenwood's own Cyclically Adjusted PB Ratio has ranged from 0.33 to 3.61 over the past decade. While the company's 10-year median is 0.70 vs. the industry median of 1.27, JVCKenwood 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 Vehicles & Parts company?
The median Cyclically Adjusted PB Ratio among Vehicles & Parts companies is 1.27, based on 992 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. JVCKenwood's current Cyclically Adjusted PB Ratio of 1.81 is 43.1% 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 JVCKenwood and its competitors. For the Vehicles & Parts industry, the median Cyclically Adjusted PB Ratio is 1.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. JVCKenwood's current Cyclically Adjusted PB Ratio is 1.81, which is 159% above median its own 10-year median of 0.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JVCKenwood stock overvalued right now?
Based on GuruFocus' analysis, JVCKenwood (TSE:6632) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,180.46, compared to a current price of 円1,029.00 — trading 12.8% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.81, which is 159% above median its 10-year median of 0.70 and 43.1% above the Vehicles & Parts industry median of 1.27. JVCKenwood's overall GF Score™ is 76/100 with 2 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 JVCKenwood (TSE:6632), the current Cyclically Adjusted PB Ratio is 1.81 as of Aug. 13, 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 JVCKenwood (TSE:6632) Overvalued in 2026?

Based on GuruFocus' analysis, JVCKenwood stock appears to be undervalued. The current stock price of 円1,029.00 is trading 12.8% below its estimated GF Value™ of 円1,180.46. GuruFocus considers JVCKenwood to be Modestly Undervalued.

Key valuation signals for TSE:6632:

  • Cyclically Adjusted PB Ratio: 1.81 (159% above median its 10-year median of 0.70)
  • GF Value™: 円1,180.46 vs. price of 円1,029.00 (12.8% below fair value)
  • GF Score™: 76/100 with 2 warning signs
  • Industry Position: 43.1% above the Vehicles & Parts median (#590 of 992)

No single metric tells the full story. See the TSE:6632 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


JVCKenwood Business Description

Other Exchanges JVC:Germany
Address 3-12, Moriyacho, Kanagawa-ku, Kanagawa, Yokohama-shi, JPN, 221-0022
JVCKenwood Corp is involved in manufacturing and sale of electronic and entertainment products. Its Business divisions include Automotive Sector, Public Service Sector and Media Service Sector. The product portfolio of the company comprise of Car Navigation systems, Dashcams, Car Speakers, Security systems, Projectors and Audio and video contents among others.
76GF Score

Get the complete analysis for TSE:6632

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

円1,029.00
Price
円1,180.46
GF Value