OMRON (TSE:6645) Cyclically Adjusted PB Ratio: 1.96 (As of Aug. 10, 2026) — 28% Below Median

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TSE:6645 OMRON Corp TSE:6645
76 GF Score
Price 円6,632.00
GF Value 円5,117.64
Valuation Modestly Overvalued
! 10 Warning Signs
View Full Analysis

What is OMRON Cyclically Adjusted PB Ratio?

OMRON TSE:6645 -2.74% 76 Cyclically Adjusted PB Ratio is 1.96 as of Aug. 10, 2026, which is 28% below its 10-year median of 2.73. GuruFocus rates TSE:6645 with a GF Score™ of 76/100 and a GF Value™ of 円5,117.64 (Modestly Overvalued). The stock has 10 warning signs investors should review. Among 1,967 Hardware companies, OMRON ranks better than 51.8% on this metric.

As of today (2026-08-10), OMRON's current share price is 円6632.00. OMRON's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円3,378.11. OMRON's Cyclically Adjusted PB Ratio for today is 1.96.

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

TSE:6645' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.13   Med: 2.73   Max: 5.28
Current: 1.96

During the past years, OMRON's highest Cyclically Adjusted PB Ratio was 5.28. The lowest was 1.13. And the median was 2.73.

TSE:6645's Cyclically Adjusted PB Ratio is ranked better than
51.8% of 1967 companies
in the Hardware industry
Industry Median: 2.09 vs TSE:6645: 1.96

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.

OMRON's adjusted book value per share data for the three months ended in Mar. 2026 was 円4,251.077. 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3,378.11 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


OMRON  (TSE:6645) 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.


OMRON Cyclically Adjusted PB Ratio Related Terms


OMRON Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for OMRON'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.

OMRON Cyclically Adjusted PB Ratio Chart

OMRON 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 3.45 2.90 1.87 1.32 1.31

OMRON 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 1.32 1.20 1.24 1.19 1.31

TSE:6645 vs APH, GLW, TEL: Cyclically Adjusted PB Ratio Comparison

For the Electronic Components subindustry, OMRON'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.


OMRON Cyclically Adjusted PB Ratio vs Hardware Industry

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

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


TSE:6645
76GF Score
OMRON Corp TSE:6645
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

OMRON 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=6632.00/3378.11
=1.96

* 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.

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

For example, OMRON'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)
=4251.077/112.7000*112.7000
=4,251.077

Current CPI (Mar. 2026) = 112.7000.

OMRON Quarterly Data

Book Value per Share CPI Adj_Book
201606 1,986.642 98.100 2,282.309
201609 1,960.731 98.000 2,254.841
201612 2,178.960 98.400 2,495.618
201703 2,193.723 98.100 2,520.210
201706 2,294.053 98.500 2,624.769
201709 2,342.456 98.800 2,672.012
201712 2,444.514 99.400 2,771.597
201803 2,400.370 99.200 2,727.033
201806 2,441.582 99.200 2,773.854
201809 2,476.911 99.900 2,794.273
201812 2,483.625 99.700 2,807.468
201903 2,455.235 99.700 2,775.376
201906 2,528.410 99.800 2,855.229
201909 2,506.156 100.100 2,821.616
201912 2,779.591 100.500 3,117.014
202003 2,626.623 100.300 2,951.350
202006 2,670.526 99.900 3,012.695
202009 2,690.742 99.900 3,035.502
202012 2,785.091 99.300 3,160.924
202103 3,009.149 99.900 3,394.706
202106 3,137.599 99.500 3,553.843
202109 3,159.793 100.100 3,557.529
202112 3,170.403 100.100 3,569.475
202203 3,339.644 101.100 3,722.828
202206 3,523.168 101.800 3,900.403
202209 3,601.226 103.100 3,936.549
202212 3,584.852 104.100 3,881.007
202303 3,689.835 104.400 3,983.184
202306 3,887.331 105.200 4,164.470
202309 3,855.555 106.200 4,091.535
202312 3,824.516 106.800 4,035.795
202403 3,995.033 107.200 4,200.002
202406 4,079.548 108.200 4,249.215
202409 3,877.605 108.900 4,012.912
202412 4,055.344 110.700 4,128.611
202503 3,920.287 111.100 3,976.745
202506 3,945.611 111.700 3,980.934
202509 3,955.688 112.000 3,980.411
202512 4,110.532 113.000 4,099.619
202603 4,251.077 112.700 4,251.077

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 1.96 mean?
OMRON (TSE:6645) has a Cyclically Adjusted PB Ratio of 1.96 as of Aug. 10, 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 OMRON and its competitors. This is 28% below median its historical median of 2.73. Over the past decade, OMRON's Cyclically Adjusted PB Ratio has ranged from 1.13 to 5.28. According to the industry distribution chart, OMRON ranks #948 out of 1967 companies in the Hardware industry, placing it in the top 48.2%.
Is OMRON's Cyclically Adjusted PB Ratio too high?
OMRON's current Cyclically Adjusted PB Ratio of 1.96 is 28% below median its 10-year median of 2.73. Over the past 10 years, this metric has ranged from a low of 1.13 to a high of 5.28. The Hardware industry median Cyclically Adjusted PB Ratio is 2.09. OMRON's value of 1.96 is 6.2% below this industry median. Based on the distribution chart, OMRON ranks #948 out of 1967 companies in the Hardware industry, which is above the industry midpoint. Overall, OMRON has a GF Score™ of 76/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does OMRON's Cyclically Adjusted PB Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, OMRON ranks #948 out of 1967 companies for Cyclically Adjusted PB Ratio. This puts OMRON in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.09. OMRON's value of 1.96 is 6.2% below this benchmark. Historically, OMRON's own Cyclically Adjusted PB Ratio has ranged from 1.13 to 5.28 over the past decade. While the company's 10-year median is 2.73 vs. the industry median of 2.09, OMRON 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 2.09, based on 1,967 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. OMRON's current Cyclically Adjusted PB Ratio of 1.96 is 6.2% 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 OMRON and its competitors. For the Hardware industry, the median Cyclically Adjusted PB Ratio is 2.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. OMRON's current Cyclically Adjusted PB Ratio is 1.96, which is 28% below median its own 10-year median of 2.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is OMRON stock overvalued right now?
Based on GuruFocus' analysis, OMRON (TSE:6645) is currently considered Modestly Overvalued. The stock's GF Value™ is 円5,117.64, compared to a current price of 円6,632.00 — trading 29.6% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.96, which is 28% below median its 10-year median of 2.73 and 6.2% below the Hardware industry median of 2.09. OMRON's overall GF Score™ is 76/100 with 10 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 OMRON (TSE:6645), the current Cyclically Adjusted PB Ratio is 1.96 as of Aug. 10, 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 OMRON (TSE:6645) Overvalued in 2026?

Based on GuruFocus' analysis, OMRON stock appears to be overvalued. The current stock price of 円6,632.00 is trading 29.6% above its estimated GF Value™ of 円5,117.64. GuruFocus considers OMRON to be Modestly Overvalued.

Key valuation signals for TSE:6645:

  • Cyclically Adjusted PB Ratio: 1.96 (28% below median its 10-year median of 2.73)
  • GF Value™: 円5,117.64 vs. price of 円6,632.00 (29.6% above fair value)
  • GF Score™: 76/100 with 10 warning signs
  • Industry Position: 6.2% below the Hardware median (#948 of 1967)

No single metric tells the full story. See the TSE:6645 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


OMRON Business Description

Address 801 Minamifudodocho, Shiokoji-dori Horikawa-higashiiru, Shimogyo-ku, Kyoto, JPN, 600-8234
Omron Corporation, founded in 1933 and headquartered in Kyoto, Japan, is a leading global manufacturer specializing in automation, sensing, and control technologies. The company operates through diverse business segments, including industrial automation, healthcare, social systems, device & module solutions, and data solutions. Its offerings range from factory automation equipment, electronic components, and social infrastructure systems to medical devices and healthcare data analytics. With operations across Japan, Asia, the Americas, Europe, and other regions, Omron plays a pivotal role in advancing industrial productivity, healthcare innovation, and social infrastructure, guided by its mission of "improving lives and contributing to a better society."
76GF Score

Get the complete analysis for TSE:6645

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

円6,632.00
Price
円5,117.64
GF Value