Shirai Electronics Industrial Co (TSE:6658) Cyclically Adjusted PB Ratio: 1.30 (As of Aug. 15, 2026) — 29% Below Median

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TSE:6658 Shirai Electronics Industrial Co Ltd TSE:6658
58 GF Score
Price 円457.00
GF Value 円548.63
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Shirai Electronics Industrial Co Cyclically Adjusted PB Ratio?

Shirai Electronics Industrial Co TSE:6658 +2.47% 58 Cyclically Adjusted PB Ratio is 1.30 as of Aug. 15, 2026, which is 29% below its 10-year median of 1.84. GuruFocus rates TSE:6658 with a GF Score™ of 58/100 and a GF Value™ of 円548.63 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 1,963 Hardware companies, Shirai Electronics Industrial Co ranks better than 64.9% on this metric.

As of today (2026-08-15), Shirai Electronics Industrial Co's current share price is 円457.00. Shirai Electronics Industrial Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円351.64. Shirai Electronics Industrial Co's Cyclically Adjusted PB Ratio for today is 1.30.

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

TSE:6658' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.79   Med: 1.84   Max: 3.25
Current: 1.23

During the past years, Shirai Electronics Industrial Co's highest Cyclically Adjusted PB Ratio was 3.25. The lowest was 0.79. And the median was 1.84.

TSE:6658's Cyclically Adjusted PB Ratio is ranked better than
64.9% of 1963 companies
in the Hardware industry
Industry Median: 2.08 vs TSE:6658: 1.23

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.

Shirai Electronics Industrial Co's adjusted book value per share data for the three months ended in Mar. 2026 was 円730.928. 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351.64 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shirai Electronics Industrial Co  (TSE:6658) 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.


Shirai Electronics Industrial Co Cyclically Adjusted PB Ratio Related Terms


Shirai Electronics Industrial Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Shirai Electronics Industrial 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.

Shirai Electronics Industrial Co Cyclically Adjusted PB Ratio Chart

Shirai Electronics Industrial 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 2.11 3.46 2.05 1.85 2.00

Shirai Electronics Industrial Co Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24 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 1.85 1.76 2.03 2.06 2.00

TSE:6658 vs APH, GLW, TEL: Cyclically Adjusted PB Ratio Comparison

For the Electronic Components subindustry, Shirai Electronics Industrial 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.


Shirai Electronics Industrial Co Cyclically Adjusted PB Ratio vs Hardware Industry

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

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


TSE:6658
58GF Score
Shirai Electronics Industrial Co Ltd TSE:6658
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shirai Electronics Industrial 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=457.00/351.64
=1.30

* 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.

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

For example, Shirai Electronics Industrial 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)
=730.928/112.7000*112.7000
=730.928

Current CPI (Mar. 2026) = 112.7000.

Shirai Electronics Industrial Co Quarterly Data

Book Value per Share CPI Adj_Book
201512 239.785 98.100 275.472
201603 248.873 97.900 286.496
201606 237.138 98.100 272.431
201609 221.753 98.000 255.016
201612 221.896 98.400 254.143
201703 243.649 98.100 279.911
201706 236.852 98.500 270.997
201709 246.655 98.800 281.356
201712 263.828 99.400 299.129
201803 256.530 99.200 291.441
201806 234.991 99.200 266.971
201809 212.522 99.900 239.752
201812 219.320 99.700 247.917
201903 215.242 99.700 243.308
201906 209.732 99.800 236.842
201909 181.968 100.100 204.873
201912 164.365 100.500 184.318
202003 167.728 100.300 188.464
202006 148.050 99.900 167.019
202009 130.089 99.900 146.757
202012 140.751 99.300 159.745
202103 165.939 99.900 187.200
202106 189.767 99.500 214.942
202109 225.832 100.100 254.258
202112 257.708 100.100 290.147
202203 284.208 101.100 316.817
202206 326.594 101.800 361.563
202209 383.349 103.100 419.044
202212 431.222 104.100 466.846
202303 425.063 104.400 458.856
202306 435.362 105.200 466.400
202309 477.926 106.200 507.178
202312 515.602 106.800 544.086
202403 520.486 107.200 547.190
202409 588.516 108.900 609.052
202503 657.896 111.100 667.371
202506 626.265 111.700 631.872
202509 648.321 112.000 652.373
202512 694.241 113.000 692.398
202603 730.928 112.700 730.928

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 1.30 mean?
Shirai Electronics Industrial Co (TSE:6658) has a Cyclically Adjusted PB Ratio of 1.30 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 Shirai Electronics Industrial Co and its competitors. This is 29% below median its historical median of 1.84. Over the past decade, Shirai Electronics Industrial Co's Cyclically Adjusted PB Ratio has ranged from 0.79 to 3.25. According to the industry distribution chart, Shirai Electronics Industrial Co ranks #689 out of 1963 companies in the Hardware industry, placing it in the top 35.1%.
Is Shirai Electronics Industrial Co's Cyclically Adjusted PB Ratio too high?
Shirai Electronics Industrial Co's current Cyclically Adjusted PB Ratio of 1.30 is 29% below median its 10-year median of 1.84. Over the past 10 years, this metric has ranged from a low of 0.79 to a high of 3.25. The Hardware industry median Cyclically Adjusted PB Ratio is 2.08. Shirai Electronics Industrial Co's value of 1.30 is 37.5% below this industry median. Based on the distribution chart, Shirai Electronics Industrial Co ranks #689 out of 1963 companies in the Hardware industry, which is above the industry midpoint. Overall, Shirai Electronics Industrial Co has a GF Score™ of 58/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shirai Electronics Industrial Co's Cyclically Adjusted PB Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, Shirai Electronics Industrial Co ranks #689 out of 1963 companies for Cyclically Adjusted PB Ratio. This puts Shirai Electronics Industrial Co in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.08. Shirai Electronics Industrial Co's value of 1.30 is 37.5% below this benchmark. Historically, Shirai Electronics Industrial Co's own Cyclically Adjusted PB Ratio has ranged from 0.79 to 3.25 over the past decade. While the company's 10-year median is 1.84 vs. the industry median of 2.08, Shirai Electronics Industrial 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 2.08, based on 1,963 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. Shirai Electronics Industrial Co's current Cyclically Adjusted PB Ratio of 1.30 is 37.5% 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 Shirai Electronics Industrial Co and its competitors. For the Hardware industry, the median Cyclically Adjusted PB Ratio is 2.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shirai Electronics Industrial Co's current Cyclically Adjusted PB Ratio is 1.30, which is 29% below median its own 10-year median of 1.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shirai Electronics Industrial Co stock overvalued right now?
Based on GuruFocus' analysis, Shirai Electronics Industrial Co (TSE:6658) is currently considered Modestly Undervalued. The stock's GF Value™ is 円548.63, compared to a current price of 円457.00 — trading 16.7% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.30, which is 29% below median its 10-year median of 1.84 and 37.5% below the Hardware industry median of 2.08. Shirai Electronics Industrial Co's overall GF Score™ is 58/100 with 1 warning sign 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 Shirai Electronics Industrial Co (TSE:6658), the current Cyclically Adjusted PB Ratio is 1.30 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 Shirai Electronics Industrial Co (TSE:6658) Overvalued in 2026?

Based on GuruFocus' analysis, Shirai Electronics Industrial Co stock appears to be undervalued. The current stock price of 円457.00 is trading 16.7% below its estimated GF Value™ of 円548.63. GuruFocus considers Shirai Electronics Industrial Co to be Modestly Undervalued.

Key valuation signals for TSE:6658:

  • Cyclically Adjusted PB Ratio: 1.30 (29% below median its 10-year median of 1.84)
  • GF Value™: 円548.63 vs. price of 円457.00 (16.7% below fair value)
  • GF Score™: 58/100 with 1 warning sign
  • Industry Position: 37.5% below the Hardware median (#689 of 1963)

No single metric tells the full story. See the TSE:6658 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shirai Electronics Industrial Co Business Description

Address 46-2 Minamihiro-cho, Sakyo-ku, Kyoto-shi, JPN, 6115-0901
Shirai Electronics Industrial Co Ltd is engaged in design, manufacture, and sales of printed wiring boards and printed wiring board visual inspection.
58GF Score

Get the complete analysis for TSE:6658

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

円457.00
Price
円548.63
GF Value