Kyocera (TSE:6971) Cyclically Adjusted PB Ratio: (As of Sep. 20, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
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:6971 Kyocera Corp TSE:6971
69 GF Score
Price 円3,637.00
GF Value 円2,034.90
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Kyocera Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Kyocera  (TSE:6971) 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.


Kyocera Cyclically Adjusted PB Ratio Related Terms


Kyocera Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Kyocera'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.

Kyocera Cyclically Adjusted PB Ratio Chart

Kyocera 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 1.04 0.96 1.06 0.82 1.11

Kyocera 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 0.84 0.96 1.04 1.12 1.65

TSE:6971 vs MMM, HON: Cyclically Adjusted PB Ratio Comparison

For the Conglomerates subindustry, Kyocera'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.


Kyocera Cyclically Adjusted PB Ratio vs Conglomerates Industry

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

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


TSE:6971
69GF Score
Kyocera Corp TSE:6971
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Kyocera 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.

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

For example, Kyocera'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)
=2581.515/113.6000*113.6000
=2,581.515

Current CPI (Jun. 2026) = 113.6000.

Kyocera Quarterly Data

Book Value per Share CPI Adj_Book
201609 1,597.255 98.000 1,851.512
201612 1,632.082 98.400 1,884.192
201703 1,644.566 98.100 1,904.411
201706 1,668.579 98.500 1,924.371
201709 1,696.406 98.800 1,950.523
201712 1,680.736 99.400 1,920.841
201803 1,640.772 99.200 1,878.949
201806 1,713.467 99.200 1,962.196
201809 1,770.188 99.900 2,012.947
201812 1,653.534 99.700 1,884.067
201903 1,632.506 99.700 1,860.107
201906 1,679.505 99.800 1,911.741
201909 1,706.442 100.100 1,936.582
201912 1,801.890 100.500 2,036.763
202003 1,692.897 100.300 1,917.379
202006 1,697.867 99.900 1,930.708
202009 1,613.720 99.900 1,835.021
202012 1,690.913 99.300 1,934.418
202103 1,804.511 99.900 2,051.976
202106 1,822.198 99.500 2,080.419
202109 1,886.633 100.100 2,141.074
202112 1,859.967 100.100 2,110.812
202203 2,018.853 101.100 2,268.464
202206 2,132.379 101.800 2,379.551
202209 2,164.354 103.100 2,384.778
202212 2,087.163 104.100 2,277.634
202303 2,123.658 104.400 2,310.800
202306 2,243.259 105.200 2,422.379
202309 2,292.359 106.200 2,452.090
202312 2,250.861 106.800 2,394.174
202403 2,309.214 107.200 2,447.078
202406 2,315.889 108.200 2,431.469
202409 2,295.489 108.900 2,394.560
202412 2,385.467 110.700 2,447.959
202503 2,302.210 111.100 2,354.015
202506 2,352.537 111.700 2,392.553
202509 2,352.603 112.000 2,386.212
202512 2,505.412 113.000 2,518.715
202603 2,556.062 112.700 2,576.474
202606 2,581.515 113.600 2,581.515

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 Kyocera (TSE:6971) Overvalued in 2026?

Based on GuruFocus' analysis, Kyocera stock appears to be overvalued. The current stock price of 円3,637.00 is trading 78.7% above its estimated GF Value™ of 円2,034.90. GuruFocus considers Kyocera to be Significantly Overvalued.

Key valuation signals for TSE:6971:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: 円2,034.90 vs. price of 円3,637.00 (78.7% above fair value)
  • GF Score™: 69/100 with 7 warning signs

No single metric tells the full story. See the TSE:6971 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kyocera Business Description

Address 6, Takeda Tobadono-cho, Fushimi-ku, Kyoto, JPN, 612-8501
Kyocera is a Japanese conglomerate whose original business consisted of manufacturing fine ceramic components; the firm has since expanded into manufacturing handsets, printers, solar cells, and industrial tools. As a result of reorganization, the firm now consists of three major business segments, which are the core components business (28% of 2024 revenue), electronic components business (18% of revenue), and solutions business (54% of revenue).
69GF Score

Get the complete analysis for TSE:6971

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

円3,637.00
Price
円2,034.90
GF Value