Casio Computer Co (TSE:6952) Cyclically Adjusted PB Ratio: 2.31 (As of Aug. 04, 2026) — 18% Above Median

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TSE:6952 Casio Computer Co Ltd TSE:6952
78 GF Score
Price 円2,248.50
GF Value 円1,341.62
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Casio Computer Co Cyclically Adjusted PB Ratio?

Casio Computer Co TSE:6952 +3.88% 78 Cyclically Adjusted PB Ratio is 2.31 as of Aug. 04, 2026, which is 18% above its 10-year median of 1.95. GuruFocus rates TSE:6952 with a GF Score™ of 78/100 and a GF Value™ of 円1,341.62 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,972 Hardware companies, Casio Computer Co ranks better than 53.4% on this metric.

As of today (2026-08-04), Casio Computer Co's current share price is 円2248.50. Casio Computer Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円972.89. Casio Computer Co's Cyclically Adjusted PB Ratio for today is 2.31.

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

TSE:6952' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.09   Med: 1.95   Max: 3.16
Current: 2.22

During the past years, Casio Computer Co's highest Cyclically Adjusted PB Ratio was 3.16. The lowest was 1.09. And the median was 1.95.

TSE:6952's Cyclically Adjusted PB Ratio is ranked better than
53.4% of 1972 companies
in the Hardware industry
Industry Median: 2 vs TSE:6952: 2.22

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.

Casio Computer Co's adjusted book value per share data for the three months ended in Mar. 2026 was 円1,045.903. 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972.89 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Casio Computer Co  (TSE:6952) 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.


Casio Computer Co Cyclically Adjusted PB Ratio Related Terms


Casio Computer Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Casio Computer 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.

Casio Computer Co Cyclically Adjusted PB Ratio Chart

Casio Computer 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 1.77 1.52 1.44 1.28 1.44

Casio Computer Co 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 1.28 1.15 1.26 1.31 1.44

TSE:6952 vs AAPL: Cyclically Adjusted PB Ratio Comparison

For the Consumer Electronics subindustry, Casio Computer 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.


Casio Computer Co Cyclically Adjusted PB Ratio vs Hardware Industry

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

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


TSE:6952
78GF Score
Casio Computer Co Ltd TSE:6952
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Casio Computer 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.

Casio Computer Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2248.50/972.89
=2.31

* 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.

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

For example, Casio Computer 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)
=1045.903/112.7000*112.7000
=1,045.903

Current CPI (Mar. 2026) = 112.7000.

Casio Computer Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 750.772 98.100 862.508
201609 759.675 98.000 873.626
201612 780.585 98.400 894.024
201703 797.032 98.100 915.652
201706 801.116 98.500 916.607
201709 823.135 98.800 938.940
201712 834.656 99.400 946.335
201803 839.099 99.200 953.291
201806 831.215 99.200 944.334
201809 865.304 99.900 976.174
201812 848.826 99.700 959.505
201903 859.017 99.700 971.025
201906 837.468 99.800 945.718
201909 858.316 100.100 966.356
201912 872.962 100.500 978.934
202003 834.978 100.300 938.206
202006 817.664 99.900 922.430
202009 830.810 99.900 937.260
202012 827.178 99.300 938.801
202103 873.416 99.900 985.325
202106 868.230 99.500 983.412
202109 887.443 100.100 999.149
202112 894.722 100.100 1,007.344
202203 908.995 101.100 1,013.291
202206 926.836 101.800 1,026.075
202209 947.773 103.100 1,036.023
202212 919.326 104.100 995.274
202303 926.348 104.400 999.994
202306 941.483 105.200 1,008.604
202309 960.835 106.200 1,019.643
202312 942.857 106.800 994.944
202403 997.269 107.200 1,048.435
202406 1,012.092 108.200 1,054.185
202409 963.030 108.900 996.634
202412 969.357 110.700 986.870
202503 959.789 111.100 973.611
202506 951.786 111.700 960.307
202509 982.460 112.000 988.600
202512 1,015.042 113.000 1,012.347
202603 1,045.903 112.700 1,045.903

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 2.31 mean?
Casio Computer Co (TSE:6952) has a Cyclically Adjusted PB Ratio of 2.31 as of Aug. 04, 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 Casio Computer Co and its competitors. This is 18% above median its historical median of 1.95. Over the past decade, Casio Computer Co's Cyclically Adjusted PB Ratio has ranged from 1.09 to 3.16. According to the industry distribution chart, Casio Computer Co ranks #919 out of 1972 companies in the Hardware industry, placing it in the top 46.6%.
Is Casio Computer Co's Cyclically Adjusted PB Ratio too high?
Casio Computer Co's current Cyclically Adjusted PB Ratio of 2.31 is 18% above median its 10-year median of 1.95. Over the past 10 years, this metric has ranged from a low of 1.09 to a high of 3.16. The Hardware industry median Cyclically Adjusted PB Ratio is 2.00. Casio Computer Co's value of 2.31 is 15.5% above this industry median. Based on the distribution chart, Casio Computer Co ranks #919 out of 1972 companies in the Hardware industry, which is above the industry midpoint. Overall, Casio Computer Co has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Casio Computer Co's Cyclically Adjusted PB Ratio compare to AAPL?
According to the Hardware industry distribution chart, Casio Computer Co ranks #919 out of 1972 companies for Cyclically Adjusted PB Ratio. This puts Casio Computer Co in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.00. Casio Computer Co's value of 2.31 is 15.5% above this benchmark. Historically, Casio Computer Co's own Cyclically Adjusted PB Ratio has ranged from 1.09 to 3.16 over the past decade. While the company's 10-year median is 1.95 vs. the industry median of 2.00, Casio Computer Co 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 2.00, based on 1,972 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. Casio Computer Co's current Cyclically Adjusted PB Ratio of 2.31 is 15.5% 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 Casio Computer Co and its competitors. For the Hardware industry, the median Cyclically Adjusted PB Ratio is 2.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Casio Computer Co's current Cyclically Adjusted PB Ratio is 2.31, which is 18% above median its own 10-year median of 1.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Casio Computer Co stock overvalued right now?
Based on GuruFocus' analysis, Casio Computer Co (TSE:6952) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,341.62, compared to a current price of 円2,248.50 — trading 67.6% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.31, which is 18% above median its 10-year median of 1.95 and 15.5% above the Hardware industry median of 2.00. Casio Computer Co's overall GF Score™ is 78/100 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 Casio Computer Co (TSE:6952), the current Cyclically Adjusted PB Ratio is 2.31 as of Aug. 04, 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 Casio Computer Co (TSE:6952) Overvalued in 2026?

Based on GuruFocus' analysis, Casio Computer Co stock appears to be overvalued. The current stock price of 円2,248.50 is trading 67.6% above its estimated GF Value™ of 円1,341.62. GuruFocus considers Casio Computer Co to be Significantly Overvalued.

Key valuation signals for TSE:6952:

  • Cyclically Adjusted PB Ratio: 2.31 (18% above median its 10-year median of 1.95)
  • GF Value™: 円1,341.62 vs. price of 円2,248.50 (67.6% above fair value)
  • GF Score™: 78/100 with 4 warning signs
  • Industry Position: 15.5% above the Hardware median (#919 of 1972)

No single metric tells the full story. See the TSE:6952 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Casio Computer Co Business Description

Address 1-6-2 Honmachi, Shibuya-ku, Tokyo, JPN, 151-8543
Casio Computer is well known as a watch and calculator manufacturer. Casio, founded in 1957, has cultivated the consumer electronics market by inventing distinctive products. Milestones in its history include the Casio Mini (1972), the world's first personal electronic calculator; G-Shock (1983), a shock-resistant wristwatch; and QV-10 (1995), the world's first digital camera with an LCD display. About two thirds of its revenue and most of its profits are from the timepieces segment.
78GF Score

Get the complete analysis for TSE:6952

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

円2,248.50
Price
円1,341.62
GF Value