Okamoto Glass Co (TSE:7746) Cyclically Adjusted PB Ratio: (As of Aug. 07, 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.
Reviewed by: Charlie Tian Charlie Tian
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:7746 Okamoto Glass Co Ltd TSE:7746
47 GF Score
Price 円748.00
GF Value 円130.46
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Okamoto Glass Co Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Okamoto Glass Co  (TSE:7746) 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.


Okamoto Glass Co Cyclically Adjusted PB Ratio Related Terms


Okamoto Glass Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Okamoto Glass 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.

Okamoto Glass Co Cyclically Adjusted PB Ratio Chart

Okamoto Glass 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 1.86 1.87 1.77 2.09 13.07

Okamoto Glass Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 2.09 0.00 0.00 0.00 13.07

TSE:7746 vs APH, GLW, TEL: Cyclically Adjusted PB Ratio Comparison

For the Electronic Components subindustry, Okamoto Glass 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.


Okamoto Glass Co Cyclically Adjusted PB Ratio vs Hardware Industry

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

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


TSE:7746
47GF Score
Okamoto Glass Co Ltd TSE:7746
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Okamoto Glass 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.

Okamoto Glass Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 is calculated as:

For example, Okamoto Glass Co's adjusted Book Value per Share data for the three months ended in Dec. 2025 was:

Adj_Book=Book Value per Share/CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=87.253/113.0000*113.0000
=87.253

Current CPI (Dec. 2025) = 113.0000.

Okamoto Glass Co Quarterly Data

Book Value per Share CPI Adj_Book
201512 79.826 98.100 91.950
201603 66.631 97.900 76.908
201606 59.628 98.100 68.685
201609 61.176 98.000 70.540
201612 70.111 98.400 80.514
201703 72.961 98.100 84.043
201706 73.616 98.500 84.453
201709 75.316 98.800 86.141
201712 98.590 99.400 112.079
201803 96.201 99.200 109.584
201806 97.337 99.200 110.878
201809 100.701 99.900 113.906
201812 105.007 99.700 119.015
201903 101.211 99.700 114.713
201906 98.372 99.800 111.383
201909 101.591 100.100 114.683
201912 102.298 100.500 115.022
202003 90.332 100.300 101.770
202006 83.921 99.900 94.926
202009 74.511 99.900 84.282
202012 65.787 99.300 74.863
202103 55.359 99.900 62.618
202106 56.122 99.500 63.737
202109 45.843 100.100 51.751
202112 45.561 100.100 51.432
202203 55.259 101.100 61.763
202206 58.028 101.800 64.412
202209 61.917 103.100 67.862
202212 61.691 104.100 66.965
202303 65.894 104.400 71.322
202306 65.178 105.200 70.011
202309 64.313 106.200 68.431
202312 64.319 106.800 68.053
202403 72.759 107.200 76.696
202406 72.075 108.200 75.272
202409 69.217 108.900 71.823
202503 77.483 111.100 78.808
202506 76.627 111.700 77.519
202509 87.802 112.000 88.586
202512 87.253 113.000 87.253

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 Okamoto Glass Co (TSE:7746) Overvalued in 2026?

Based on GuruFocus' analysis, Okamoto Glass Co stock appears to be overvalued. The current stock price of 円748.00 is trading 473.4% above its estimated GF Value™ of 円130.46. GuruFocus considers Okamoto Glass Co to be Significantly Overvalued.

Key valuation signals for TSE:7746:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: 円130.46 vs. price of 円748.00 (473.4% above fair value)
  • GF Score™: 47/100 with 5 warning signs

No single metric tells the full story. See the TSE:7746 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Okamoto Glass Co Business Description

Address 380, Toyofuta, Kashiwa-shi, Chiba, JPN, 277 0872
Okamoto Glass Co Ltd is engaged in the manufacture and sale of new glass for optical devices and multilayer film evaporation products. The products of the company include glass material, glass molded items, optical and functional coating, glass bulb, and glass frit.
47GF Score

Get the complete analysis for TSE:7746

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

円748.00
Price
円130.46
GF Value