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Tamron CoTSE:7740 +1.25%91 Cyclically Adjusted PB Ratio is 3.78 as of Aug. 28, 2026, which is 150% above its 10-year median of 1.51. GuruFocus rates TSE:7740 with a GF Score™ of 91/100 and a GF Value™ of 円878.26 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 601 Travel & Leisure companies, Tamron Co ranks worse than 82.7% on this metric.
The historical rank and industry rank for Tamron Co's Cyclically Adjusted PB Ratio or its related term are showing as below:
TSE:7740'
s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.87 Med: 1.51 Max: 4.02
Current: 3.79
During the past years, Tamron Co's highest Cyclically Adjusted PB Ratio was 4.02. The lowest was 0.87. And the median was 1.51.
TSE:7740's Cyclically Adjusted PB Ratio is ranked worse than 82.7% of 601
companies
in the Travel & Leisure industry
Industry Median: 1.19
vs TSE:7740: 3.79
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.
Tamron Co's adjusted book value per share data for the three months ended in Jun. 2026 was 円559.329. 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364.23 for the trailing ten years ended in Jun. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Tamron Co (TSE:7740) 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.
Tamron Co Cyclically Adjusted PB Ratio Related Terms
Tamron Co Cyclically Adjusted PB Ratio Historical Data
* Premium members only.
The historical data trend for Tamron 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.
TSE:7740 vs AS, HAS, LTH: Cyclically Adjusted PB Ratio Comparison
For the Leisure subindustry, Tamron 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.
Tamron Co Cyclically Adjusted PB Ratio vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Tamron Co's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where Tamron Co's Cyclically Adjusted PB Ratio falls into.
Tamron 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.
Tamron Co's Cyclically Adjusted PB Ratio for today is calculated as
* 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.
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 3.78 mean?
Tamron Co (TSE:7740) has a Cyclically Adjusted PB Ratio of 3.78 as of Aug. 28, 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 Tamron Co and its competitors. This is 150% above median its historical median of 1.51. Over the past decade, Tamron Co's Cyclically Adjusted PB Ratio has ranged from 0.87 to 4.02. According to the industry distribution chart, Tamron Co ranks #497 out of 601 companies in the Travel & Leisure industry, placing it in the top 82.7%.
Is Tamron Co's Cyclically Adjusted PB Ratio too high?
Tamron Co's current Cyclically Adjusted PB Ratio of 3.78 is 150% above median its 10-year median of 1.51. Over the past 10 years, this metric has ranged from a low of 0.87 to a high of 4.02. The Travel & Leisure industry median Cyclically Adjusted PB Ratio is 1.19. Tamron Co's value of 3.78 is 217.6% above this industry median. Based on the distribution chart, Tamron Co ranks #497 out of 601 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, Tamron Co has a GF Score™ of 91/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tamron Co's Cyclically Adjusted PB Ratio compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, Tamron Co ranks #497 out of 601 companies for Cyclically Adjusted PB Ratio. This places Tamron Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.19. Tamron Co's value of 3.78 is 217.6% above this benchmark. Historically, Tamron Co's own Cyclically Adjusted PB Ratio has ranged from 0.87 to 4.02 over the past decade. While the company's 10-year median is 1.51 vs. the industry median of 1.19, Tamron 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 Travel & Leisure company?
The median Cyclically Adjusted PB Ratio among Travel & Leisure companies is 1.19, based on 601 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. Tamron Co's current Cyclically Adjusted PB Ratio of 3.78 is 217.6% 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 Tamron Co and its competitors. For the Travel & Leisure industry, the median Cyclically Adjusted PB Ratio is 1.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tamron Co's current Cyclically Adjusted PB Ratio is 3.78, which is 150% above median its own 10-year median of 1.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tamron Co stock overvalued right now?
Based on GuruFocus' analysis, Tamron Co (TSE:7740) is currently considered Significantly Overvalued. The stock's GF Value™ is 円878.26, compared to a current price of 円1,375.00 — trading 56.6% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 3.78, which is 150% above median its 10-year median of 1.51 and 217.6% above the Travel & Leisure industry median of 1.19. Tamron Co's overall GF Score™ is 91/100 with 5 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 Tamron Co (TSE:7740), the current Cyclically Adjusted PB Ratio is 3.78 as of Aug. 28, 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 Tamron Co (TSE:7740) Overvalued in 2026?
Based on GuruFocus' analysis, Tamron Co stock appears to be overvalued.
The current stock price of 円1,375.00 is trading 56.6% above its estimated GF Value™ of 円878.26.
GuruFocus considers Tamron Co to be Significantly Overvalued.
Key valuation signals for TSE:7740:
Cyclically Adjusted PB Ratio: 3.78 (150% above median its 10-year median of 1.51)
GF Value™: 円878.26 vs. price of 円1,375.00 (56.6% above fair value)
Industry Position: 217.6% above the Travel & Leisure median (#497 of 601)
No single metric tells the full story. See the TSE:7740 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tamron Co Ltd is a Japanese manufacturer of optical and photographic lenses. The company organizes itself into three segments: Photography-related business, Surveillance & FA-related business, and Mobility & Healthcare, Other Businesses. The company designs, manufactures, and sells interchangeable lenses for mirrorless and SLR cameras; lenses for surveillance cameras, factory automation (FA) and machine vision systems, and video conferencing equipment; as well as lenses for in-vehicle cameras, video and digital cameras, medical applications, and a variety of optical device components. The company's key geographical segment is Asia (ex. Japan), followed by sales made in Japan, in Europe, and in North America.
91GF Score
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