ENOMOTO Co (TSE:6928) Cyclically Adjusted PB Ratio: (As of Sep. 21, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
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.

TSE:6928 ENOMOTO Co Ltd TSE:6928
75 GF Score
Price 円2,950.00
GF Value 円1,972.88
Valuation Significantly Overvalued
! 5 Warning Signs
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What is ENOMOTO Co Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


ENOMOTO Co  (TSE:6928) 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.


ENOMOTO Co Cyclically Adjusted PB Ratio Related Terms


ENOMOTO Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for ENOMOTO 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.

ENOMOTO Co Cyclically Adjusted PB Ratio Chart

ENOMOTO 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 0.74 0.74 0.64 0.50 0.95

ENOMOTO Co 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 0.49 0.58 0.84 0.98 1.06

TSE:6928 vs APH, GLW, TEL: Cyclically Adjusted PB Ratio Comparison

For the Electronic Components subindustry, ENOMOTO 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.


ENOMOTO Co Cyclically Adjusted PB Ratio vs Hardware Industry

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

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


TSE:6928
75GF Score
ENOMOTO Co Ltd TSE:6928
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ENOMOTO 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.

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

For example, ENOMOTO Co'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)
=3619.506/113.6000*113.6000
=3,619.506

Current CPI (Jun. 2026) = 113.6000.

ENOMOTO Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 1,859.818 98.000 2,155.871
201612 1,900.859 98.400 2,194.488
201703 2,063.035 98.100 2,388.999
201706 2,051.779 98.500 2,366.316
201709 2,109.754 98.800 2,425.790
201712 2,137.722 99.400 2,443.111
201803 2,172.311 99.200 2,487.646
201806 2,115.778 99.200 2,422.907
201809 2,179.634 99.900 2,478.543
201812 2,227.083 99.700 2,537.579
201903 2,243.192 99.700 2,555.934
201906 2,245.016 99.800 2,555.449
201909 2,232.547 100.100 2,533.640
201912 2,279.132 100.500 2,576.213
202003 2,323.718 100.300 2,631.848
202006 2,302.967 99.900 2,618.789
202009 2,321.649 99.900 2,640.033
202012 2,404.922 99.300 2,751.250
202103 2,489.345 99.900 2,830.727
202106 2,585.945 99.500 2,952.395
202109 2,650.099 100.100 3,007.505
202112 2,705.394 100.100 3,070.257
202203 2,792.352 101.100 3,137.598
202206 2,909.252 101.800 3,246.474
202209 3,095.060 103.100 3,410.270
202212 3,226.760 104.100 3,521.229
202303 3,083.353 104.400 3,355.066
202306 3,076.748 105.200 3,322.420
202309 3,183.089 106.200 3,404.886
202312 3,208.142 106.800 3,412.406
202403 3,140.681 107.200 3,328.184
202406 3,211.355 108.200 3,371.626
202409 3,391.165 108.900 3,537.524
202412 3,233.532 110.700 3,318.241
202503 3,437.322 111.100 3,514.669
202506 3,327.797 111.700 3,384.402
202509 3,309.941 112.000 3,357.226
202512 3,391.988 113.000 3,409.999
202603 3,519.980 112.700 3,548.090
202606 3,619.506 113.600 3,619.506

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.

Is ENOMOTO Co (TSE:6928) Overvalued in 2026?

Based on GuruFocus' analysis, ENOMOTO Co stock appears to be overvalued. The current stock price of 円2,950.00 is trading 49.5% above its estimated GF Value™ of 円1,972.88. GuruFocus considers ENOMOTO Co to be Significantly Overvalued.

Key valuation signals for TSE:6928:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: 円1,972.88 vs. price of 円2,950.00 (49.5% above fair value)
  • GF Score™: 75/100 with 5 warning signs

No single metric tells the full story. See the TSE:6928 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ENOMOTO Co Business Description

Address 8154-19 Uenohara, Yamanashi, Uenohara, JPN
ENOMOTO Co Ltd is a precision component manufacturer. It is mainly engaged in manufacturing light-emitting diode (LED) lead frames and has production bases in Japan, China and the Philippines. Products offered by the company include lead frames for integrated circuit, (IC), transistor, LED and electronic parts.
75GF Score

Get the complete analysis for TSE:6928

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

円2,950.00
Price
円1,972.88
GF Value