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Canon (TSE:7751) Cyclically Adjusted PB Ratio : 1.42 (As of Jun. 03, 2025)


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What is Canon Cyclically Adjusted PB Ratio?

As of today (2025-06-03), Canon's current share price is 円4332.00. Canon's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was 円3,054.50. Canon's Cyclically Adjusted PB Ratio for today is 1.42.

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

TSE:7751' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.66   Med: 1.29   Max: 1.83
Current: 1.42

During the past years, Canon's highest Cyclically Adjusted PB Ratio was 1.83. The lowest was 0.66. And the median was 1.29.

TSE:7751's Cyclically Adjusted PB Ratio is ranked better than
55.56% of 1924 companies
in the Hardware industry
Industry Median: 1.66 vs TSE:7751: 1.42

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.

Canon's adjusted book value per share data for the three months ended in Mar. 2025 was 円3,479.440. 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3,054.50 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Canon Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Canon'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.

* Premium members only.

Canon Cyclically Adjusted PB Ratio Chart

Canon Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.79 1.09 1.05 1.27 1.70

Canon Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 1.57 1.48 1.58 1.70 1.52

Competitive Comparison of Canon's Cyclically Adjusted PB Ratio

For the Computer Hardware subindustry, Canon'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.


Canon's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

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


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Canon 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.

Canon's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4332.00/3054.50
=1.42

* 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.

Canon's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Canon's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=3479.44/111.1000*111.1000
=3,479.440

Current CPI (Mar. 2025) = 111.1000.

Canon Quarterly Data

Book Value per Share CPI Adj_Book
201506 2,751.848 98.400 3,107.015
201509 2,658.556 98.500 2,998.635
201512 2,716.316 98.100 3,076.276
201603 2,584.835 97.900 2,933.352
201606 2,475.529 98.100 2,803.581
201609 2,401.065 98.000 2,722.024
201612 2,548.494 98.400 2,877.415
201703 2,488.294 98.100 2,818.037
201706 2,570.145 98.500 2,898.915
201709 2,586.319 98.800 2,908.300
201712 2,658.591 99.400 2,971.524
201803 2,540.225 99.200 2,844.950
201806 2,618.813 99.200 2,932.965
201809 2,632.911 99.900 2,928.092
201812 2,618.756 99.700 2,918.192
201903 2,558.543 99.700 2,851.095
201906 2,543.626 99.800 2,831.632
201909 2,458.856 100.100 2,729.060
201912 2,524.356 100.500 2,790.606
202003 2,410.669 100.300 2,670.243
202006 2,414.529 99.900 2,685.227
202009 2,390.774 99.900 2,658.809
202012 2,462.321 99.300 2,754.923
202103 2,553.361 99.900 2,839.624
202106 2,625.254 99.500 2,931.314
202109 2,620.137 100.100 2,908.064
202112 2,747.992 100.100 3,049.969
202203 2,841.894 101.100 3,122.991
202206 3,041.630 101.800 3,319.500
202209 3,031.246 103.100 3,266.454
202212 3,065.549 104.100 3,271.686
202303 3,094.573 104.400 3,293.171
202306 3,304.233 105.200 3,489.546
202309 3,331.854 106.200 3,485.584
202312 3,394.438 106.800 3,531.105
202403 3,468.421 107.200 3,594.604
202406 3,674.894 108.200 3,773.389
202409 3,449.147 108.900 3,518.827
202412 3,580.828 110.700 3,593.767
202503 3,479.440 111.100 3,479.440

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.


Canon  (TSE:7751) 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.


Canon Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Canon's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Canon Business Description

Industry
Address
30-2, Shimomaruko 3-Chome, Ohta-ku, Tokyo, JPN, 146-8501
Canon Inc designs, manufactures and distributes an extensive range of consumer and electronic products, including copiers, cameras, lenses, and inkjet printers. The company operates four major business segments: printing, imaging, medical, industrial, and others. It generates maximum revenue from the printing segment. Printing Business Unit includes Office multifunction devices (MFDs), Document solutions, Laser multifunction printers (MFPs), Laser printers, Inkjet printers, Image scanners, Calculators, Digital continuous feed presses, Digital sheet-fed presses, and Large format printers.

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