VCHYF (V Technology Co) Cyclically Adjusted PB Ratio: 2.39 (As of Jul. 26, 2026) — 10% Above Median

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VCHYF V Technology Co Ltd VCHYF
66 GF Score
Price $37.41
GF Value $17.97
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is V Technology Co Cyclically Adjusted PB Ratio?

V Technology Co VCHYF -0.52% 66 Cyclically Adjusted PB Ratio is 2.39 as of Jul. 26, 2026, which is 10% above its 10-year median of 2.18. GuruFocus rates VCHYF with a GF Score™ of 66/100 and a GF Value™ of $17.97 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 2,278 Industrial Products companies, V Technology Co ranks better than 51.67% on this metric.

As of today (2026-07-26), V Technology Co's current share price is $37.41. V Technology Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $15.67. V Technology Co's Cyclically Adjusted PB Ratio for today is 2.39.

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

VCHYF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.67   Med: 2.18   Max: 16.51
Current: 2.03

During the past years, V Technology Co's highest Cyclically Adjusted PB Ratio was 16.51. The lowest was 0.67. And the median was 2.18.

VCHYF's Cyclically Adjusted PB Ratio is ranked better than
51.67% of 2278 companies
in the Industrial Products industry
Industry Median: 2.11 vs VCHYF: 2.03

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.

V Technology Co's adjusted book value per share data for the three months ended in Mar. 2026 was $24.109. 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 $15.67 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


V Technology Co  (OTCPK:VCHYF) 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.


V Technology Co Cyclically Adjusted PB Ratio Related Terms


V Technology Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for V Technology 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.

V Technology Co Cyclically Adjusted PB Ratio Chart

V Technology 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 1.79 1.29 1.01 0.82 1.32

V Technology Co 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 0.82 1.06 1.16 0.98 1.32

VCHYF vs GEV, ETN, PH: Cyclically Adjusted PB Ratio Comparison

For the Specialty Industrial Machinery subindustry, V Technology 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.


V Technology Co Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, V Technology Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


VCHYF
66GF Score
V Technology Co Ltd VCHYF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

V Technology 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.

V Technology Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=37.41/15.67
=2.39

* 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.

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

For example, V Technology Co'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)
=24.109/112.7000*112.7000
=24.109

Current CPI (Mar. 2026) = 112.7000.

V Technology Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 9.342 98.100 10.732
201609 10.299 98.000 11.844
201612 9.904 98.400 11.343
201703 10.935 98.100 12.562
201706 11.127 98.500 12.731
201709 12.640 98.800 14.418
201712 14.078 99.400 15.962
201803 18.233 99.200 20.714
201806 18.557 99.200 21.082
201809 21.700 99.900 24.480
201812 23.144 99.700 26.162
201903 24.982 99.700 28.239
201906 26.981 99.800 30.469
201909 28.552 100.100 32.146
201912 29.515 100.500 33.098
202003 27.183 100.300 30.544
202006 27.467 99.900 30.986
202009 28.818 99.900 32.510
202012 29.820 99.300 33.844
202103 29.753 99.900 33.565
202106 29.561 99.500 33.483
202109 30.075 100.100 33.861
202112 29.653 100.100 33.386
202203 29.806 101.100 33.226
202206 26.660 101.800 29.515
202209 25.535 103.100 27.913
202212 25.960 104.100 28.105
202303 25.997 104.400 28.064
202306 24.342 105.200 26.077
202309 23.154 106.200 24.571
202312 23.016 106.800 24.287
202403 23.835 107.200 25.058
202406 0.000 108.200 0.000
202409 24.409 108.900 25.261
202412 22.806 110.700 23.218
202503 23.781 111.100 24.123
202506 23.899 111.700 24.113
202509 23.732 112.000 23.880
202512 23.541 113.000 23.479
202603 24.109 112.700 24.109

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 2.39 mean?
V Technology Co (VCHYF) has a Cyclically Adjusted PB Ratio of 2.39 as of Jul. 26, 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 V Technology Co and its competitors. This is 10% above median its historical median of 2.18. Over the past decade, V Technology Co's Cyclically Adjusted PB Ratio has ranged from 0.67 to 16.51. According to the industry distribution chart, V Technology Co ranks #1101 out of 2278 companies in the Industrial Products industry, placing it in the top 48.3%.
Is V Technology Co's Cyclically Adjusted PB Ratio too high?
V Technology Co's current Cyclically Adjusted PB Ratio of 2.39 is 10% above median its 10-year median of 2.18. Over the past 10 years, this metric has ranged from a low of 0.67 to a high of 16.51. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.11. V Technology Co's value of 2.39 is 13.3% above this industry median. Based on the distribution chart, V Technology Co ranks #1101 out of 2278 companies in the Industrial Products industry, which is above the industry midpoint. Overall, V Technology Co has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does V Technology Co's Cyclically Adjusted PB Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, V Technology Co ranks #1101 out of 2278 companies for Cyclically Adjusted PB Ratio. This puts V Technology Co in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.11. V Technology Co's value of 2.39 is 13.3% above this benchmark. Historically, V Technology Co's own Cyclically Adjusted PB Ratio has ranged from 0.67 to 16.51 over the past decade. While the company's 10-year median is 2.18 vs. the industry median of 2.11, V Technology 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 an Industrial Products company?
The median Cyclically Adjusted PB Ratio among Industrial Products companies is 2.11, based on 2,278 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. V Technology Co's current Cyclically Adjusted PB Ratio of 2.39 is 13.3% 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 V Technology Co and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. V Technology Co's current Cyclically Adjusted PB Ratio is 2.39, which is 10% above median its own 10-year median of 2.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is V Technology Co stock overvalued right now?
Based on GuruFocus' analysis, V Technology Co (VCHYF) is currently considered Significantly Overvalued. The stock's GF Value™ is $17.97, compared to a current price of $37.41 — trading 108.2% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.39, which is 10% above median its 10-year median of 2.18 and 13.3% above the Industrial Products industry median of 2.11. V Technology Co's overall GF Score™ is 66/100 with 4 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 V Technology Co (VCHYF), the current Cyclically Adjusted PB Ratio is 2.39 as of Jul. 26, 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 V Technology Co (VCHYF) Overvalued in 2026?

Based on GuruFocus' analysis, V Technology Co stock appears to be overvalued. The current stock price of $37.41 is trading 108.2% above its estimated GF Value™ of $17.97. GuruFocus considers V Technology Co to be Significantly Overvalued.

Key valuation signals for VCHYF:

  • Cyclically Adjusted PB Ratio: 2.39 (10% above median its 10-year median of 2.18)
  • GF Value™: $17.97 vs. price of $37.41 (108.2% above fair value)
  • GF Score™: 66/100 with 4 warning signs
  • Industry Position: 13.3% above the Industrial Products median (#1101 of 2278)

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


V Technology Co Business Description

Other Exchanges 7717:Japan
Address YBP East Tower 9F, 134 Godo-cho, Hodogaya-ku, Yokohama, JPN, 240-00005
V Technology Co Ltd is in the business of development, manufacturing marketing and service of the manufacturing system, inspection system, measurement system, macro inspection system and also flat panel display industry. The company is also engaged in development and sales of the systems for solar cell and liquid emitting displays manufacturing. Its products include smart phones, game consoles, inspection system, and laser scriber.
66GF Score

Get the complete analysis for VCHYF

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

$37.41
Price
$17.97
GF Value