TDK (TSE:6762) Cyclically Adjusted PB Ratio: 4.32 (As of Aug. 13, 2026) — 103% Above Median

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TSE:6762 TDK Corp TSE:6762
87 GF Score
Price 円3,114.00
GF Value 円2,342.56
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is TDK Cyclically Adjusted PB Ratio?

TDK TSE:6762 +2.27% 87 Cyclically Adjusted PB Ratio is 4.32 as of Aug. 13, 2026, which is 103% above its 10-year median of 2.13. GuruFocus rates TSE:6762 with a GF Score™ of 87/100 and a GF Value™ of 円2,342.56 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,962 Hardware companies, TDK ranks worse than 72.83% on this metric.

As of today (2026-08-13), TDK's current share price is 円3114.00. TDK's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was 円720.72. TDK's Cyclically Adjusted PB Ratio for today is 4.32.

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

TSE:6762' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.27   Med: 2.13   Max: 5.92
Current: 4.15

During the past years, TDK's highest Cyclically Adjusted PB Ratio was 5.92. The lowest was 1.27. And the median was 2.13.

TSE:6762's Cyclically Adjusted PB Ratio is ranked worse than
72.83% of 1962 companies
in the Hardware industry
Industry Median: 2.085 vs TSE:6762: 4.15

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.

TDK's adjusted book value per share data for the three months ended in Jun. 2026 was 円1,211.147. 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720.72 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


TDK  (TSE:6762) 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.


TDK Cyclically Adjusted PB Ratio Related Terms


TDK Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for TDK'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.

TDK Cyclically Adjusted PB Ratio Chart

TDK 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 1.94 2.73 2.48 2.83

TDK 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 2.65 3.28 3.26 2.83 4.95

TSE:6762 vs APH, GLW, TEL: Cyclically Adjusted PB Ratio Comparison

For the Electronic Components subindustry, TDK'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.


TDK Cyclically Adjusted PB Ratio vs Hardware Industry

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

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


TSE:6762
87GF Score
TDK Corp TSE:6762
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TDK 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3114.00/720.72
=4.32

* 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.

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

For example, TDK's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=1211.147/113.6000*113.6000
=1,211.147

Current CPI (Jun. 2026) = 113.6000.

TDK Quarterly Data

Book Value per Share CPI Adj_Book
201609 317.922 98.000 368.530
201612 380.363 98.400 439.118
201703 419.237 98.100 485.477
201706 423.207 98.500 488.084
201709 436.426 98.800 501.802
201712 456.022 99.400 521.168
201803 435.467 99.200 498.680
201806 440.838 99.200 504.831
201809 461.735 99.900 525.056
201812 455.779 99.700 519.323
201903 463.113 99.700 527.679
201906 446.626 99.800 508.384
201909 451.943 100.100 512.894
201912 478.563 100.500 540.943
202003 422.247 100.300 478.238
202006 444.480 99.900 505.435
202009 460.557 99.900 523.716
202012 475.170 99.300 543.598
202103 506.073 99.900 575.474
202106 545.564 99.500 622.875
202109 573.407 100.100 650.740
202112 618.525 100.100 701.942
202203 686.138 101.100 770.972
202206 764.363 101.800 852.963
202209 816.636 103.100 899.805
202212 769.210 104.100 839.407
202303 769.057 104.400 836.828
202306 815.956 105.200 881.108
202309 860.111 106.200 920.043
202312 848.568 106.800 902.597
202403 900.038 107.200 953.772
202406 982.589 108.200 1,031.628
202409 906.699 108.900 945.831
202412 997.534 110.700 1,023.666
202503 948.586 111.100 969.931
202506 936.416 111.700 952.344
202509 1,007.951 112.000 1,022.350
202512 1,103.167 113.000 1,109.025
202603 1,152.295 112.700 1,161.497
202606 1,211.147 113.600 1,211.147

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 4.32 mean?
TDK (TSE:6762) has a Cyclically Adjusted PB Ratio of 4.32 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 TDK and its competitors. This is 103% above median its historical median of 2.13. Over the past decade, TDK's Cyclically Adjusted PB Ratio has ranged from 1.27 to 5.92. According to the industry distribution chart, TDK ranks #1429 out of 1962 companies in the Hardware industry, placing it in the top 72.8%.
Is TDK's Cyclically Adjusted PB Ratio too high?
TDK's current Cyclically Adjusted PB Ratio of 4.32 is 103% above median its 10-year median of 2.13. Over the past 10 years, this metric has ranged from a low of 1.27 to a high of 5.92. The Hardware industry median Cyclically Adjusted PB Ratio is 2.09. TDK's value of 4.32 is 107.2% above this industry median. Based on the distribution chart, TDK ranks #1429 out of 1962 companies in the Hardware industry, which is below the industry midpoint. Overall, TDK has a GF Score™ of 87/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does TDK's Cyclically Adjusted PB Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, TDK ranks #1429 out of 1962 companies for Cyclically Adjusted PB Ratio. This places TDK in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.09. TDK's value of 4.32 is 107.2% above this benchmark. Historically, TDK's own Cyclically Adjusted PB Ratio has ranged from 1.27 to 5.92 over the past decade. While the company's 10-year median is 2.13 vs. the industry median of 2.09, TDK 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 Hardware company?
The median Cyclically Adjusted PB Ratio among Hardware companies is 2.09, based on 1,962 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. TDK's current Cyclically Adjusted PB Ratio of 4.32 is 107.2% 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 TDK 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. TDK's current Cyclically Adjusted PB Ratio is 4.32, which is 103% above median its own 10-year median of 2.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TDK stock overvalued right now?
Based on GuruFocus' analysis, TDK (TSE:6762) is currently considered Significantly Overvalued. The stock's GF Value™ is 円2,342.56, compared to a current price of 円3,114.00 — trading 32.9% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 4.32, which is 103% above median its 10-year median of 2.13 and 107.2% above the Hardware industry median of 2.09. TDK's overall GF Score™ is 87/100 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 TDK (TSE:6762), the current Cyclically Adjusted PB Ratio is 4.32 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 TDK (TSE:6762) Overvalued in 2026?

Based on GuruFocus' analysis, TDK stock appears to be overvalued. The current stock price of 円3,114.00 is trading 32.9% above its estimated GF Value™ of 円2,342.56. GuruFocus considers TDK to be Significantly Overvalued.

Key valuation signals for TSE:6762:

  • Cyclically Adjusted PB Ratio: 4.32 (103% above median its 10-year median of 2.13)
  • GF Value™: 円2,342.56 vs. price of 円3,114.00 (32.9% above fair value)
  • GF Score™: 87/100 with 2 warning signs
  • Industry Position: 107.2% above the Hardware median (#1429 of 1962)

No single metric tells the full story. See the TSE:6762 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


TDK Business Description

Address 2-5-1 Nihonbashi, Nihonbashi Takashimaya Mitsui Building, Chuo-ku, Tokyo, JPN, 103-6128
Founded in 1935, TDK has its origin in magnetic materials, being the first company to commercialize ferrite in the world, and it used to be known as one of the major cassette-tape manufacturers. TDK is now the only external supplier for magnetic recording heads for hard disk drives, and the company intends to expand its magnetic sensor business for handsets and automobiles by leveraging its expertise. It is also one of the global top suppliers of passive components for autos and polymer rechargeable batteries for smartphones. The company acquired InvenSense in 2017, making it third largest MEMS sensor company in the world.
87GF Score

Get the complete analysis for TSE:6762

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

円3,114.00
Price
円2,342.56
GF Value