Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Taiyo Technolex CoTSE:6663 -0.34%62 Cyclically Adjusted PB Ratio is 0.56 as of Aug. 10, 2026, which is 21% below its 10-year median of 0.71. GuruFocus rates TSE:6663 with a GF Score™ of 62/100 and a GF Value™ of 円333.95 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,967 Hardware companies, Taiyo Technolex Co ranks better than 85.56% on this metric.
The historical rank and industry rank for Taiyo Technolex Co's Cyclically Adjusted PB Ratio or its related term are showing as below:
TSE:6663'
s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.43 Med: 0.71 Max: 1.54
Current: 0.56
During the past years, Taiyo Technolex Co's highest Cyclically Adjusted PB Ratio was 1.54. The lowest was 0.43. And the median was 0.71.
TSE:6663's Cyclically Adjusted PB Ratio is ranked better than 85.56% of 1967
companies
in the Hardware industry
Industry Median: 2.09
vs TSE:6663: 0.56
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.
Taiyo Technolex Co's adjusted book value per share data for the three months ended in Jun. 2026 was 円465.516. 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529.37 for the trailing ten years ended in Jun. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Taiyo Technolex Co (TSE:6663) 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.
Taiyo Technolex Co Cyclically Adjusted PB Ratio Related Terms
Taiyo Technolex Co Cyclically Adjusted PB Ratio Historical Data
* Premium members only.
The historical data trend for Taiyo Technolex 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.
Taiyo Technolex Co Cyclically Adjusted PB Ratio Chart
TSE:6663 vs APH, GLW, TEL: Cyclically Adjusted PB Ratio Comparison
For the Electronic Components subindustry, Taiyo Technolex 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.
Taiyo Technolex Co Cyclically Adjusted PB Ratio vs Hardware Industry
For the Hardware industry and Technology sector, Taiyo Technolex Co's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where Taiyo Technolex Co's Cyclically Adjusted PB Ratio falls into.
Taiyo Technolex 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.
Taiyo Technolex Co's Cyclically Adjusted PB Ratio for today is calculated as
* 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.
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 0.56 mean?
Taiyo Technolex Co (TSE:6663) has a Cyclically Adjusted PB Ratio of 0.56 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 Taiyo Technolex Co and its competitors. This is 21% below median its historical median of 0.71. Over the past decade, Taiyo Technolex Co's Cyclically Adjusted PB Ratio has ranged from 0.43 to 1.54. According to the industry distribution chart, Taiyo Technolex Co ranks #284 out of 1967 companies in the Hardware industry, placing it in the top 14.4%.
Is Taiyo Technolex Co's Cyclically Adjusted PB Ratio too high?
Taiyo Technolex Co's current Cyclically Adjusted PB Ratio of 0.56 is 21% below median its 10-year median of 0.71. Over the past 10 years, this metric has ranged from a low of 0.43 to a high of 1.54. The Hardware industry median Cyclically Adjusted PB Ratio is 2.09. Taiyo Technolex Co's value of 0.56 is 73.2% below this industry median. Based on the distribution chart, Taiyo Technolex Co ranks #284 out of 1967 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Taiyo Technolex Co has a GF Score™ of 62/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Taiyo Technolex Co's Cyclically Adjusted PB Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, Taiyo Technolex Co ranks #284 out of 1967 companies for Cyclically Adjusted PB Ratio. This places Taiyo Technolex Co in the top 14% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 2.09. Taiyo Technolex Co's value of 0.56 is 73.2% below this benchmark. Historically, Taiyo Technolex Co's own Cyclically Adjusted PB Ratio has ranged from 0.43 to 1.54 over the past decade. While the company's 10-year median is 0.71 vs. the industry median of 2.09, Taiyo Technolex 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 2.09, 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. Taiyo Technolex Co's current Cyclically Adjusted PB Ratio of 0.56 is 73.2% 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 Taiyo Technolex Co 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. Taiyo Technolex Co's current Cyclically Adjusted PB Ratio is 0.56, which is 21% below median its own 10-year median of 0.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiyo Technolex Co stock overvalued right now?
Based on GuruFocus' analysis, Taiyo Technolex Co (TSE:6663) is currently considered Modestly Undervalued. The stock's GF Value™ is 円333.95, compared to a current price of 円295.00 — trading 11.7% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.56, which is 21% below median its 10-year median of 0.71 and 73.2% below the Hardware industry median of 2.09. Taiyo Technolex Co's overall GF Score™ is 62/100 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 Taiyo Technolex Co (TSE:6663), the current Cyclically Adjusted PB Ratio is 0.56 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 Taiyo Technolex Co (TSE:6663) Overvalued in 2026?
Based on GuruFocus' analysis, Taiyo Technolex Co stock appears to be undervalued.
The current stock price of 円295.00 is trading 11.7% below its estimated GF Value™ of 円333.95.
GuruFocus considers Taiyo Technolex Co to be Modestly Undervalued.
Key valuation signals for TSE:6663:
Cyclically Adjusted PB Ratio: 0.56 (21% below median its 10-year median of 0.71)
GF Value™: 円333.95 vs. price of 円295.00 (11.7% below fair value)
Industry Position: 73.2% below the Hardware median (#284 of 1967)
No single metric tells the full story. See the TSE:6663 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Taiyo Technolex Co Ltd is a contract manufacturer in Japan. The company is involved in manufacture engraving and plating of various printing rolls, manufacture, engraving and plating of other rolls Manufacture and engraving of various stencils manufacture and processing of various building materials Sales of equipment related to the preceding items and manufacture and sale of various interior-related products.
62GF Score
Get the complete analysis for TSE:6663
Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TSE:6663 has been successfully added to your 
