Oi Electric Co (TSE:6822) Cyclically Adjusted PB Ratio: 0.82 (As of Aug. 12, 2026) — 91% Above Median

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TSE:6822 Oi Electric Co Ltd TSE:6822
58 GF Score
Price 円4,730.00
GF Value 円2,814.35
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Oi Electric Co Cyclically Adjusted PB Ratio?

Oi Electric Co TSE:6822 -1.05% 58 Cyclically Adjusted PB Ratio is 0.82 as of Aug. 12, 2026, which is 91% above its 10-year median of 0.43. GuruFocus rates TSE:6822 with a GF Score™ of 58/100 and a GF Value™ of 円2,814.35 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,965 Hardware companies, Oi Electric Co ranks better than 76.49% on this metric.

As of today (2026-08-12), Oi Electric Co's current share price is 円4730.00. Oi Electric Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円5,782.59. Oi Electric Co's Cyclically Adjusted PB Ratio for today is 0.82.

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

TSE:6822' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.28   Med: 0.43   Max: 1.05
Current: 0.83

During the past years, Oi Electric Co's highest Cyclically Adjusted PB Ratio was 1.05. The lowest was 0.28. And the median was 0.43.

TSE:6822's Cyclically Adjusted PB Ratio is ranked better than
76.49% of 1965 companies
in the Hardware industry
Industry Median: 2.07 vs TSE:6822: 0.83

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.

Oi Electric Co's adjusted book value per share data for the three months ended in Mar. 2026 was 円6,732.871. 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5,782.59 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Oi Electric Co  (TSE:6822) 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.


Oi Electric Co Cyclically Adjusted PB Ratio Related Terms


Oi Electric Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Oi Electric 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.

Oi Electric Co Cyclically Adjusted PB Ratio Chart

Oi Electric 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 0.41 0.47 0.33 0.49 0.84

Oi Electric Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 0.54 0.69 0.65 0.84 0.00

TSE:6822 vs CSCO, MSI, HPE: Cyclically Adjusted PB Ratio Comparison

For the Communication Equipment subindustry, Oi Electric 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.


Oi Electric Co Cyclically Adjusted PB Ratio vs Hardware Industry

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

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


TSE:6822
58GF Score
Oi Electric Co Ltd TSE:6822
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Oi Electric 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.

Oi Electric Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4730.00/5782.59
=0.82

* 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.

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

For example, Oi Electric 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)
=6732.871/112.7000*112.7000
=6,732.871

Current CPI (Mar. 2026) = 112.7000.

Oi Electric Co Quarterly Data

Book Value per Share CPI Adj_Book
201603 6,542.342 97.900 7,531.378
201606 6,396.767 98.100 7,348.783
201609 6,237.139 98.000 7,172.710
201612 6,366.168 98.400 7,291.333
201703 7,234.472 98.100 8,311.162
201706 6,840.832 98.500 7,827.023
201709 6,754.317 98.800 7,704.570
201712 6,749.292 99.400 7,652.366
201803 7,092.833 99.200 8,058.087
201806 6,703.030 99.200 7,615.237
201809 6,556.120 99.900 7,396.143
201812 4,896.136 99.700 5,534.549
201903 4,797.733 99.700 5,423.315
201906 4,582.378 99.800 5,174.689
201909 4,698.471 100.100 5,289.887
201912 4,780.224 100.500 5,360.510
202003 5,109.199 100.300 5,740.845
202006 4,562.474 99.900 5,147.055
202009 4,041.191 99.900 4,558.981
202012 4,330.299 99.300 4,914.650
202103 5,521.823 99.900 6,229.324
202106 5,112.356 99.500 5,790.578
202109 4,726.744 100.100 5,321.719
202112 4,597.563 100.100 5,176.277
202203 4,635.983 101.100 5,167.906
202206 4,136.508 101.800 4,579.415
202209 3,653.911 103.100 3,994.139
202212 3,641.627 104.100 3,942.472
202303 3,914.872 104.400 4,226.112
202306 3,458.183 105.200 3,704.726
202309 3,679.476 106.200 3,904.679
202312 3,887.471 106.800 4,102.228
202403 4,858.810 107.200 5,108.096
202406 4,684.251 108.200 4,879.067
202409 4,758.537 108.900 4,924.583
202503 5,364.053 111.100 5,441.303
202506 5,454.692 111.700 5,503.525
202509 5,568.993 112.000 5,603.799
202512 5,933.261 113.000 5,917.509
202603 6,732.871 112.700 6,732.871

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 0.82 mean?
Oi Electric Co (TSE:6822) has a Cyclically Adjusted PB Ratio of 0.82 as of Aug. 12, 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 Oi Electric Co and its competitors. This is 91% above median its historical median of 0.43. Over the past decade, Oi Electric Co's Cyclically Adjusted PB Ratio has ranged from 0.28 to 1.05. According to the industry distribution chart, Oi Electric Co ranks #462 out of 1965 companies in the Hardware industry, placing it in the top 23.5%.
Is Oi Electric Co's Cyclically Adjusted PB Ratio too high?
Oi Electric Co's current Cyclically Adjusted PB Ratio of 0.82 is 91% above median its 10-year median of 0.43. Over the past 10 years, this metric has ranged from a low of 0.28 to a high of 1.05. The Hardware industry median Cyclically Adjusted PB Ratio is 2.07. Oi Electric Co's value of 0.82 is 60.4% below this industry median. Based on the distribution chart, Oi Electric Co ranks #462 out of 1965 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Oi Electric Co has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Oi Electric Co's Cyclically Adjusted PB Ratio compare to CSCO and MSI?
According to the Hardware industry distribution chart, Oi Electric Co ranks #462 out of 1965 companies for Cyclically Adjusted PB Ratio. This places Oi Electric Co in the top 24% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 2.07. Oi Electric Co's value of 0.82 is 60.4% below this benchmark. Historically, Oi Electric Co's own Cyclically Adjusted PB Ratio has ranged from 0.28 to 1.05 over the past decade. While the company's 10-year median is 0.43 vs. the industry median of 2.07, Oi Electric 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 2.07, based on 1,965 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. Oi Electric Co's current Cyclically Adjusted PB Ratio of 0.82 is 60.4% 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 Oi Electric Co and its competitors. For the Hardware 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. Oi Electric Co's current Cyclically Adjusted PB Ratio is 0.82, which is 91% above median its own 10-year median of 0.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Oi Electric Co stock overvalued right now?
Based on GuruFocus' analysis, Oi Electric Co (TSE:6822) is currently considered Significantly Overvalued. The stock's GF Value™ is 円2,814.35, compared to a current price of 円4,730.00 — trading 68.1% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.82, which is 91% above median its 10-year median of 0.43 and 60.4% below the Hardware industry median of 2.07. Oi Electric Co's overall GF Score™ is 58/100 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 Oi Electric Co (TSE:6822), the current Cyclically Adjusted PB Ratio is 0.82 as of Aug. 12, 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 Oi Electric Co (TSE:6822) Overvalued in 2026?

Based on GuruFocus' analysis, Oi Electric Co stock appears to be overvalued. The current stock price of 円4,730.00 is trading 68.1% above its estimated GF Value™ of 円2,814.35. GuruFocus considers Oi Electric Co to be Significantly Overvalued.

Key valuation signals for TSE:6822:

  • Cyclically Adjusted PB Ratio: 0.82 (91% above median its 10-year median of 0.43)
  • GF Value™: 円2,814.35 vs. price of 円4,730.00 (68.1% above fair value)
  • GF Score™: 58/100 with 2 warning signs
  • Industry Position: 60.4% below the Hardware median (#462 of 1965)

No single metric tells the full story. See the TSE:6822 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Oi Electric Co Business Description

Address 3-16, Kikuna 7-chome, Kohoku-ku, Yokohama, JPN, 222-0011
Oi Electric Co Ltd is engaged in the manufacturing and sales of information transmission, monitoring and control, telecommunications network, and mobile communication devices and measuring instruments. It has been manufacturing various information/communication products that are vital for construction of information networks.
58GF Score

Get the complete analysis for TSE:6822

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

円4,730.00
Price
円2,814.35
GF Value