Kyocera (TSE:6971) Cyclically Adjusted PB Ratio: 1.70 (As of Aug. 04, 2026) — 49% Above Median

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TSE:6971 Kyocera Corp TSE:6971
70 GF Score
Price 円3,544.00
GF Value 円2,017.52
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is Kyocera Cyclically Adjusted PB Ratio?

Kyocera TSE:6971 -3.98% 70 Cyclically Adjusted PB Ratio is 1.70 as of Aug. 04, 2026, which is 49% above its 10-year median of 1.14. GuruFocus rates TSE:6971 with a GF Score™ of 70/100 and a GF Value™ of 円2,017.52 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 470 Conglomerates companies, Kyocera ranks worse than 69.15% on this metric.

As of today (2026-08-04), Kyocera's current share price is 円3544.00. Kyocera's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円2,084.74. Kyocera's Cyclically Adjusted PB Ratio for today is 1.70.

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

TSE:6971' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.76   Med: 1.14   Max: 1.88
Current: 1.77

During the past years, Kyocera's highest Cyclically Adjusted PB Ratio was 1.88. The lowest was 0.76. And the median was 1.14.

TSE:6971's Cyclically Adjusted PB Ratio is ranked worse than
69.15% of 470 companies
in the Conglomerates industry
Industry Median: 1.02 vs TSE:6971: 1.77

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.

Kyocera's adjusted book value per share data for the three months ended in Mar. 2026 was 円2,534.853. 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2,084.74 for the trailing ten years ended in Mar. 2026.

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 1.10 1.00 1.10 0.84 1.14

Kyocera 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 0.84 0.86 0.98 1.06 1.14

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
70GF Score
Kyocera Corp TSE:6971
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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 PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3544.00/2084.74
=1.70

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

For example, Kyocera'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)
=2534.853/112.7000*112.7000
=2,534.853

Current CPI (Mar. 2026) = 112.7000.

Kyocera Quarterly Data

Book Value per Share CPI Adj_Book
201606 1,537.331 98.100 1,766.128
201609 1,545.256 98.000 1,777.044
201612 1,573.955 98.400 1,802.690
201703 1,582.000 98.100 1,817.445
201706 1,609.995 98.500 1,842.096
201709 1,636.096 98.800 1,866.275
201712 1,622.212 99.400 1,839.269
201803 1,581.277 99.200 1,796.471
201806 1,650.752 99.200 1,875.401
201809 1,704.055 99.900 1,922.392
201812 1,587.829 99.700 1,794.868
201903 1,565.930 99.700 1,770.113
201906 1,613.434 99.800 1,821.984
201909 1,642.736 100.100 1,849.514
201912 1,732.741 100.500 1,943.084
202003 1,677.647 100.300 1,885.053
202006 1,682.180 99.900 1,897.715
202009 1,597.672 99.900 1,802.379
202012 1,674.437 99.300 1,900.393
202103 1,787.476 99.900 2,016.502
202106 1,805.195 99.500 2,044.678
202109 1,869.125 100.100 2,104.399
202112 1,841.765 100.100 2,073.596
202203 2,000.241 101.100 2,229.744
202206 2,113.413 101.800 2,339.702
202209 2,144.936 103.100 2,344.658
202212 2,068.124 104.100 2,238.978
202303 2,106.205 104.400 2,273.652
202306 2,225.477 105.200 2,384.137
202309 2,273.908 106.200 2,413.083
202312 2,232.151 106.800 2,355.463
202403 2,289.860 107.200 2,407.343
202406 2,296.480 108.200 2,391.990
202409 2,277.869 108.900 2,357.354
202412 2,367.119 110.700 2,409.885
202503 2,284.147 111.100 2,317.042
202506 2,334.616 111.700 2,355.517
202509 2,333.632 112.000 2,348.217
202512 2,485.287 113.000 2,478.689
202603 2,534.853 112.700 2,534.853

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 1.70 mean?
Kyocera (TSE:6971) has a Cyclically Adjusted PB Ratio of 1.70 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 Kyocera and its competitors. This is 49% above median its historical median of 1.14. Over the past decade, Kyocera's Cyclically Adjusted PB Ratio has ranged from 0.76 to 1.88. According to the industry distribution chart, Kyocera ranks #325 out of 470 companies in the Conglomerates industry, placing it in the top 69.1%.
Is Kyocera's Cyclically Adjusted PB Ratio too high?
Kyocera's current Cyclically Adjusted PB Ratio of 1.70 is 49% above median its 10-year median of 1.14. Over the past 10 years, this metric has ranged from a low of 0.76 to a high of 1.88. The Conglomerates industry median Cyclically Adjusted PB Ratio is 1.02. Kyocera's value of 1.70 is 66.7% above this industry median. Based on the distribution chart, Kyocera ranks #325 out of 470 companies in the Conglomerates industry, which is below the industry midpoint. Overall, Kyocera has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kyocera's Cyclically Adjusted PB Ratio compare to MMM and HON?
According to the Conglomerates industry distribution chart, Kyocera ranks #325 out of 470 companies for Cyclically Adjusted PB Ratio. This places Kyocera in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.02. Kyocera's value of 1.70 is 66.7% above this benchmark. Historically, Kyocera's own Cyclically Adjusted PB Ratio has ranged from 0.76 to 1.88 over the past decade. While the company's 10-year median is 1.14 vs. the industry median of 1.02, Kyocera 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 Conglomerates company?
The median Cyclically Adjusted PB Ratio among Conglomerates companies is 1.02, based on 470 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. Kyocera's current Cyclically Adjusted PB Ratio of 1.70 is 66.7% 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 Kyocera and its competitors. For the Conglomerates industry, the median Cyclically Adjusted PB Ratio is 1.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kyocera's current Cyclically Adjusted PB Ratio is 1.70, which is 49% above median its own 10-year median of 1.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kyocera stock overvalued right now?
Based on GuruFocus' analysis, Kyocera (TSE:6971) is currently considered Significantly Overvalued. The stock's GF Value™ is 円2,017.52, compared to a current price of 円3,544.00 — trading 75.7% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.70, which is 49% above median its 10-year median of 1.14 and 66.7% above the Conglomerates industry median of 1.02. Kyocera's overall GF Score™ is 70/100 with 8 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 Kyocera (TSE:6971), the current Cyclically Adjusted PB Ratio is 1.70 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 Kyocera (TSE:6971) Overvalued in 2026?

Based on GuruFocus' analysis, Kyocera stock appears to be overvalued. The current stock price of 円3,544.00 is trading 75.7% above its estimated GF Value™ of 円2,017.52. GuruFocus considers Kyocera to be Significantly Overvalued.

Key valuation signals for TSE:6971:

  • Cyclically Adjusted PB Ratio: 1.70 (49% above median its 10-year median of 1.14)
  • GF Value™: 円2,017.52 vs. price of 円3,544.00 (75.7% above fair value)
  • GF Score™: 70/100 with 8 warning signs
  • Industry Position: 66.7% above the Conglomerates median (#325 of 470)

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).
70GF 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3,544.00
Price
円2,017.52
GF Value