YAMHF (Yamaha Motor Co) Cyclically Adjusted PB Ratio: 1.41 (As of Jul. 20, 2026) — 18% Below Median

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YAMHF Yamaha Motor Co Ltd YAMHF
82 GF Score
Price $7.89
GF Value $8.42
Valuation Fairly Valued
! 8 Warning Signs
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What is Yamaha Motor Co Cyclically Adjusted PB Ratio?

Yamaha Motor Co YAMHF +0.38% 82 Cyclically Adjusted PB Ratio is 1.41 as of Jul. 20, 2026, which is 18% below its 10-year median of 1.72. GuruFocus rates YAMHF with a GF Score™ of 82/100 and a GF Value™ of $8.42 (Fairly Valued). The stock has 8 warning signs investors should review. Among 1,032 Vehicles & Parts companies, Yamaha Motor Co ranks worse than 53.29% on this metric.

As of today (2026-07-20), Yamaha Motor Co's current share price is $7.89. Yamaha Motor Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $5.60. Yamaha Motor Co's Cyclically Adjusted PB Ratio for today is 1.41.

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

YAMHF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.83   Med: 1.72   Max: 3.2
Current: 1.42

During the past years, Yamaha Motor Co's highest Cyclically Adjusted PB Ratio was 3.20. The lowest was 0.83. And the median was 1.72.

YAMHF's Cyclically Adjusted PB Ratio is ranked worse than
53.29% of 1032 companies
in the Vehicles & Parts industry
Industry Median: 1.27 vs YAMHF: 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.

Yamaha Motor Co's adjusted book value per share data for the three months ended in Mar. 2026 was $7.552. 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 $5.60 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Yamaha Motor Co  (OTCPK:YAMHF) 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.


Yamaha Motor Co Cyclically Adjusted PB Ratio Related Terms


Yamaha Motor Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Yamaha Motor 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.

Yamaha Motor Co Cyclically Adjusted PB Ratio Chart

Yamaha Motor Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.73 1.63 1.79 1.74 1.31

Yamaha Motor 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 1.45 1.28 1.29 1.31 1.25

YAMHF vs TSLA, GM, F: Cyclically Adjusted PB Ratio Comparison

For the Auto Manufacturers subindustry, Yamaha Motor 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.


Yamaha Motor Co Cyclically Adjusted PB Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Yamaha Motor Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


YAMHF
82GF Score
Yamaha Motor Co Ltd YAMHF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Yamaha Motor 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.

Yamaha Motor Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=7.89/5.60
=1.41

* 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.

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

For example, Yamaha Motor 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)
=7.552/112.7000*112.7000
=7.552

Current CPI (Mar. 2026) = 112.7000.

Yamaha Motor Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 4.241 98.100 4.872
201609 4.440 98.000 5.106
201612 4.395 98.400 5.034
201703 4.584 98.100 5.266
201706 4.995 98.500 5.715
201709 5.205 98.800 5.937
201712 5.263 99.400 5.967
201803 5.566 99.200 6.323
201806 5.642 99.200 6.410
201809 5.685 99.900 6.413
201812 5.593 99.700 6.322
201903 5.751 99.700 6.501
201906 6.026 99.800 6.805
201909 6.035 100.100 6.795
201912 6.168 100.500 6.917
202003 5.796 100.300 6.513
202006 5.771 99.900 6.510
202009 6.214 99.900 7.010
202012 6.568 99.300 7.454
202103 6.664 99.900 7.518
202106 7.062 99.500 7.999
202109 7.265 100.100 8.179
202112 7.274 100.100 8.190
202203 7.296 101.100 8.133
202206 7.154 101.800 7.920
202209 6.987 103.100 7.638
202212 7.043 104.100 7.625
202303 7.622 104.400 8.228
202306 8.016 105.200 8.587
202309 7.806 106.200 8.284
202312 7.535 106.800 7.951
202403 7.697 107.200 8.092
202406 7.892 108.200 8.220
202409 8.150 108.900 8.434
202412 7.725 110.700 7.865
202503 7.736 111.100 7.847
202506 8.160 111.700 8.233
202509 7.718 112.000 7.766
202512 7.484 113.000 7.464
202603 7.552 112.700 7.552

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 1.41 mean?
Yamaha Motor Co (YAMHF) has a Cyclically Adjusted PB Ratio of 1.41 as of Jul. 20, 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 Yamaha Motor Co and its competitors. This is 18% below median its historical median of 1.72. Over the past decade, Yamaha Motor Co's Cyclically Adjusted PB Ratio has ranged from 0.83 to 3.20. According to the industry distribution chart, Yamaha Motor Co ranks #550 out of 1032 companies in the Vehicles & Parts industry, placing it in the top 53.3%.
Is Yamaha Motor Co's Cyclically Adjusted PB Ratio too high?
Yamaha Motor Co's current Cyclically Adjusted PB Ratio of 1.41 is 18% below median its 10-year median of 1.72. Over the past 10 years, this metric has ranged from a low of 0.83 to a high of 3.20. The Vehicles & Parts industry median Cyclically Adjusted PB Ratio is 1.27. Yamaha Motor Co's value of 1.41 is 11% above this industry median. Based on the distribution chart, Yamaha Motor Co ranks #550 out of 1032 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Yamaha Motor Co has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Yamaha Motor Co's Cyclically Adjusted PB Ratio compare to TSLA and GM?
According to the Vehicles & Parts industry distribution chart, Yamaha Motor Co ranks #550 out of 1032 companies for Cyclically Adjusted PB Ratio. This places Yamaha Motor Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.27. Yamaha Motor Co's value of 1.41 is 11% above this benchmark. Historically, Yamaha Motor Co's own Cyclically Adjusted PB Ratio has ranged from 0.83 to 3.20 over the past decade. While the company's 10-year median is 1.72 vs. the industry median of 1.27, Yamaha Motor 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 Vehicles & Parts company?
The median Cyclically Adjusted PB Ratio among Vehicles & Parts companies is 1.27, based on 1,032 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. Yamaha Motor Co's current Cyclically Adjusted PB Ratio of 1.41 is 11% 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 Yamaha Motor Co and its competitors. For the Vehicles & Parts industry, the median Cyclically Adjusted PB Ratio is 1.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Yamaha Motor Co's current Cyclically Adjusted PB Ratio is 1.41, which is 18% below median its own 10-year median of 1.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Yamaha Motor Co stock overvalued right now?
Based on GuruFocus' analysis, Yamaha Motor Co (YAMHF) is currently considered Fairly Valued. The stock's GF Value™ is $8.42, compared to a current price of $7.89 — trading 6.3% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.41, which is 18% below median its 10-year median of 1.72 and 11% above the Vehicles & Parts industry median of 1.27. Yamaha Motor Co's overall GF Score™ is 82/100 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 Yamaha Motor Co (YAMHF), the current Cyclically Adjusted PB Ratio is 1.41 as of Jul. 20, 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 Yamaha Motor Co (YAMHF) Overvalued in 2026?

Based on GuruFocus' analysis, Yamaha Motor Co stock appears to be undervalued. The current stock price of $7.89 is trading 6.3% below its estimated GF Value™ of $8.42. GuruFocus considers Yamaha Motor Co to be Fairly Valued.

Key valuation signals for YAMHF:

  • Cyclically Adjusted PB Ratio: 1.41 (18% below median its 10-year median of 1.72)
  • GF Value™: $8.42 vs. price of $7.89 (6.3% below fair value)
  • GF Score™: 82/100 with 8 warning signs
  • Industry Position: 11% above the Vehicles & Parts median (#550 of 1032)

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


Yamaha Motor Co Business Description

Address 2500 Shingai, Shizuoka Prefecture, Iwata-shi, JPN, 438-8501
Yamaha Motor Co Ltd is engaged in the manufacture and sale of motorcycles, marine products, and related equipment. The company operates through four reportable segments: Land Mobility, Marine, Robotics, and Financial Services. The Land Mobility segment includes motorcycles, highway vehicles, electric-assist bicycles, automobile engines, and components. The Marine segment handles outboard motors, water vehicles, boats, and fishing vessels. The Robotics segment provides surface mounters, semiconductor manufacturing equipment, industrial robots, and unmanned helicopters, while the Financial Services segment offers sales financing and leasing related to Yamaha products. It generates the majority of its revenue from the Land mobility segment.
82GF Score

Get the complete analysis for YAMHF

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

$7.89
Price
$8.42
GF Value