Hosiden (TSE:6804) Cyclically Adjusted PB Ratio: 1.34 (As of Aug. 06, 2026) — 46% Above Median

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TSE:6804 Hosiden Corp TSE:6804
89 GF Score
Price 円2,934.00
GF Value 円3,553.75
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Hosiden Cyclically Adjusted PB Ratio?

Hosiden TSE:6804 +2.44% 89 Cyclically Adjusted PB Ratio is 1.34 as of Aug. 06, 2026, which is 46% above its 10-year median of 0.92. GuruFocus rates TSE:6804 with a GF Score™ of 89/100 and a GF Value™ of 円3,553.75 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 2,254 Industrial Products companies, Hosiden ranks better than 67.39% on this metric.

As of today (2026-08-06), Hosiden's current share price is 円2934.00. Hosiden's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円2,195.74. Hosiden's Cyclically Adjusted PB Ratio for today is 1.34.

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

TSE:6804' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.45   Med: 0.92   Max: 1.43
Current: 1.26

During the past years, Hosiden's highest Cyclically Adjusted PB Ratio was 1.43. The lowest was 0.45. And the median was 0.92.

TSE:6804's Cyclically Adjusted PB Ratio is ranked better than
67.39% of 2254 companies
in the Industrial Products industry
Industry Median: 2.065 vs TSE:6804: 1.26

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.

Hosiden's adjusted book value per share data for the three months ended in Mar. 2026 was 円3,051.652. 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2,195.74 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hosiden  (TSE:6804) 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.


Hosiden Cyclically Adjusted PB Ratio Related Terms


Hosiden Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Hosiden'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.

Hosiden Cyclically Adjusted PB Ratio Chart

Hosiden 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 0.73 0.94 1.05 0.98 1.16

Hosiden 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 0.98 1.07 1.12 1.15 1.16

TSE:6804 vs VRT, BE: Cyclically Adjusted PB Ratio Comparison

For the Electrical Equipment & Parts subindustry, Hosiden'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.


Hosiden Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Hosiden's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TSE:6804
89GF Score
Hosiden Corp TSE:6804
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hosiden 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2934.00/2195.74
=1.34

* 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.

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

For example, Hosiden'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)
=3051.652/112.7000*112.7000
=3,051.652

Current CPI (Mar. 2026) = 112.7000.

Hosiden Quarterly Data

Book Value per Share CPI Adj_Book
201606 1,177.495 98.100 1,352.739
201609 1,170.124 98.000 1,345.643
201612 1,259.368 98.400 1,442.386
201703 1,289.270 98.100 1,481.149
201706 1,364.375 98.500 1,561.067
201709 1,432.979 98.800 1,634.582
201712 1,512.026 99.400 1,714.339
201803 1,463.042 99.200 1,662.145
201806 1,495.602 99.200 1,699.137
201809 1,557.325 99.900 1,756.862
201812 1,559.697 99.700 1,763.068
201903 1,609.925 99.700 1,819.845
201906 1,599.661 99.800 1,806.431
201909 1,656.831 100.100 1,865.383
201912 1,723.579 100.500 1,932.809
202003 1,723.780 100.300 1,936.889
202006 1,728.980 99.900 1,950.511
202009 1,777.289 99.900 2,005.010
202012 1,856.609 99.300 2,107.148
202103 1,935.101 99.900 2,183.042
202106 2,085.321 99.500 2,361.967
202109 2,150.457 100.100 2,421.144
202112 2,200.965 100.100 2,478.010
202203 2,175.089 101.100 2,424.654
202206 2,268.784 101.800 2,511.709
202209 2,349.049 103.100 2,567.777
202212 2,368.820 104.100 2,564.515
202303 2,379.005 104.400 2,568.140
202306 2,449.069 105.200 2,623.670
202309 2,545.842 106.200 2,701.661
202312 2,587.549 106.800 2,730.494
202403 2,609.139 107.200 2,743.003
202406 0.000 108.200 0.000
202409 2,677.095 108.900 2,770.511
202412 2,704.429 110.700 2,753.290
202503 2,757.349 111.100 2,797.059
202506 2,729.131 111.700 2,753.564
202509 2,806.621 112.000 2,824.162
202512 2,974.529 113.000 2,966.632
202603 3,051.652 112.700 3,051.652

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 1.34 mean?
Hosiden (TSE:6804) has a Cyclically Adjusted PB Ratio of 1.34 as of Aug. 06, 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 Hosiden and its competitors. This is 46% above median its historical median of 0.92. Over the past decade, Hosiden's Cyclically Adjusted PB Ratio has ranged from 0.45 to 1.43. According to the industry distribution chart, Hosiden ranks #735 out of 2254 companies in the Industrial Products industry, placing it in the top 32.6%.
Is Hosiden's Cyclically Adjusted PB Ratio too high?
Hosiden's current Cyclically Adjusted PB Ratio of 1.34 is 46% above median its 10-year median of 0.92. Over the past 10 years, this metric has ranged from a low of 0.45 to a high of 1.43. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.07. Hosiden's value of 1.34 is 35.1% below this industry median. Based on the distribution chart, Hosiden ranks #735 out of 2254 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Hosiden has a GF Score™ of 89/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hosiden's Cyclically Adjusted PB Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, Hosiden ranks #735 out of 2254 companies for Cyclically Adjusted PB Ratio. This puts Hosiden in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.07. Hosiden's value of 1.34 is 35.1% below this benchmark. Historically, Hosiden's own Cyclically Adjusted PB Ratio has ranged from 0.45 to 1.43 over the past decade. While the company's 10-year median is 0.92 vs. the industry median of 2.07, Hosiden 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 an Industrial Products company?
The median Cyclically Adjusted PB Ratio among Industrial Products companies is 2.07, based on 2,254 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. Hosiden's current Cyclically Adjusted PB Ratio of 1.34 is 35.1% 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 Hosiden and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hosiden's current Cyclically Adjusted PB Ratio is 1.34, which is 46% above median its own 10-year median of 0.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hosiden stock overvalued right now?
Based on GuruFocus' analysis, Hosiden (TSE:6804) is currently considered Modestly Undervalued. The stock's GF Value™ is 円3,553.75, compared to a current price of 円2,934.00 — trading 17.4% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.34, which is 46% above median its 10-year median of 0.92 and 35.1% below the Industrial Products industry median of 2.07. Hosiden's overall GF Score™ is 89/100 with 4 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 Hosiden (TSE:6804), the current Cyclically Adjusted PB Ratio is 1.34 as of Aug. 06, 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 Hosiden (TSE:6804) Overvalued in 2026?

Based on GuruFocus' analysis, Hosiden stock appears to be undervalued. The current stock price of 円2,934.00 is trading 17.4% below its estimated GF Value™ of 円3,553.75. GuruFocus considers Hosiden to be Modestly Undervalued.

Key valuation signals for TSE:6804:

  • Cyclically Adjusted PB Ratio: 1.34 (46% above median its 10-year median of 0.92)
  • GF Value™: 円3,553.75 vs. price of 円2,934.00 (17.4% below fair value)
  • GF Score™: 89/100 with 4 warning signs
  • Industry Position: 35.1% below the Industrial Products median (#735 of 2254)

No single metric tells the full story. See the TSE:6804 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hosiden Business Description

Other Exchanges HOIEF:USAHOD:Germany
Address 4-33, Kitakyuhoji 1-Chome, Yao-City, Osaka, JPN, 581-0071
Hosiden Corp is a Japanese electronic parts and equipment manufacturer. The company offers its product through four segments, Electromechanical Components, Acoustic Components, Display Components, and Allied Equipment and Others. Its product portfolio includes connector, switch, acoustic parts, and touch panel that are also used in various electronic devices. It derives the majority of its revenues from its Electromechanical Components segment which mainly includes electrical parts.
89GF Score

Get the complete analysis for TSE:6804

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

円2,934.00
Price
円3,553.75
GF Value