Azbil (YMATF) Cyclically Adjusted PB Ratio: 4.09 (As of Aug. 16, 2026) — 23% Above Median

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YMATF Azbil Corp YMATF
80 GF Score
Price $10.27
GF Value $8.50
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Azbil Cyclically Adjusted PB Ratio?

Azbil YMATF 80 Cyclically Adjusted PB Ratio is 4.09 as of Aug. 16, 2026, which is 23% above its 10-year median of 3.32. GuruFocus rates YMATF with a GF Score™ of 80/100 and a GF Value™ of $8.50 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 2,203 Industrial Products companies, Azbil ranks worse than 72.08% on this metric.

As of today (2026-08-16), Azbil's current share price is $10.27. Azbil's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $2.51. Azbil's Cyclically Adjusted PB Ratio for today is 4.09.

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

YMATF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2   Med: 3.32   Max: 5.51
Current: 4.08

During the past years, Azbil's highest Cyclically Adjusted PB Ratio was 5.51. The lowest was 2.00. And the median was 3.32.

YMATF's Cyclically Adjusted PB Ratio is ranked worse than
72.08% of 2203 companies
in the Industrial Products industry
Industry Median: 2.18 vs YMATF: 4.08

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.

Azbil's adjusted book value per share data for the three months ended in Mar. 2026 was $3.136. 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 $2.51 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Azbil  (OTCPK:YMATF) 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.


Azbil Cyclically Adjusted PB Ratio Related Terms


Azbil Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Azbil'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.

Azbil Cyclically Adjusted PB Ratio Chart

Azbil 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 3.51 2.89 3.11 3.18 3.53

Azbil Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 3.73 3.77 3.74 3.53 0.00

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

For the Specialty Industrial Machinery subindustry, Azbil'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.


Azbil Cyclically Adjusted PB Ratio vs Industrial Products Industry

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

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


YMATF
80GF Score
Azbil Corp YMATF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Azbil 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=10.27/2.51
=4.09

* 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.

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

For example, Azbil'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)
=3.136/112.7000*112.7000
=3.136

Current CPI (Mar. 2026) = 112.7000.

Azbil Quarterly Data

Book Value per Share CPI Adj_Book
201606 2.443 98.100 2.807
201609 2.566 98.000 2.951
201612 2.299 98.400 2.633
201703 2.476 98.100 2.844
201706 2.445 98.500 2.797
201709 2.529 98.800 2.885
201712 2.527 99.400 2.865
201803 2.860 99.200 3.249
201806 2.690 99.200 3.056
201809 2.708 99.900 3.055
201812 2.706 99.700 3.059
201903 2.845 99.700 3.216
201906 2.865 99.800 3.235
201909 2.919 100.100 3.286
201912 2.873 100.500 3.222
202003 3.049 100.300 3.426
202006 3.036 99.900 3.425
202009 3.175 99.900 3.582
202012 3.270 99.300 3.711
202103 3.267 99.900 3.686
202106 3.147 99.500 3.564
202109 3.189 100.100 3.590
202112 3.088 100.100 3.477
202203 3.076 101.100 3.429
202206 2.654 101.800 2.938
202209 2.446 103.100 2.674
202212 2.596 104.100 2.810
202303 2.778 104.400 2.999
202306 2.688 105.200 2.880
202309 2.629 106.200 2.790
202312 2.745 106.800 2.897
202403 2.804 107.200 2.948
202406 2.684 108.200 2.796
202409 3.010 108.900 3.115
202412 2.910 110.700 2.963
202503 3.079 111.100 3.123
202506 3.077 111.700 3.105
202509 3.072 112.000 3.091
202512 2.987 113.000 2.979
202603 3.136 112.700 3.136

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 4.09 mean?
Azbil (YMATF) has a Cyclically Adjusted PB Ratio of 4.09 as of Aug. 16, 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 Azbil and its competitors. This is 23% above median its historical median of 3.32. Over the past decade, Azbil's Cyclically Adjusted PB Ratio has ranged from 2.00 to 5.51. According to the industry distribution chart, Azbil ranks #1588 out of 2203 companies in the Industrial Products industry, placing it in the top 72.1%.
Is Azbil's Cyclically Adjusted PB Ratio too high?
Azbil's current Cyclically Adjusted PB Ratio of 4.09 is 23% above median its 10-year median of 3.32. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 5.51. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.18. Azbil's value of 4.09 is 87.6% above this industry median. Based on the distribution chart, Azbil ranks #1588 out of 2203 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Azbil has a GF Score™ of 80/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Azbil's Cyclically Adjusted PB Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Azbil ranks #1588 out of 2203 companies for Cyclically Adjusted PB Ratio. This places Azbil in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.18. Azbil's value of 4.09 is 87.6% above this benchmark. Historically, Azbil's own Cyclically Adjusted PB Ratio has ranged from 2.00 to 5.51 over the past decade. While the company's 10-year median is 3.32 vs. the industry median of 2.18, Azbil 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 2.18, based on 2,203 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. Azbil's current Cyclically Adjusted PB Ratio of 4.09 is 87.6% 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 Azbil and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Azbil's current Cyclically Adjusted PB Ratio is 4.09, which is 23% above median its own 10-year median of 3.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Azbil stock overvalued right now?
Based on GuruFocus' analysis, Azbil (YMATF) is currently considered Modestly Overvalued. The stock's GF Value™ is $8.50, compared to a current price of $10.27 — trading 20.8% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 4.09, which is 23% above median its 10-year median of 3.32 and 87.6% above the Industrial Products industry median of 2.18. Azbil's overall GF Score™ is 80/100 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 Azbil (YMATF), the current Cyclically Adjusted PB Ratio is 4.09 as of Aug. 16, 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 Azbil (YMATF) Overvalued in 2026?

Based on GuruFocus' analysis, Azbil stock appears to be overvalued. The current stock price of $10.27 is trading 20.8% above its estimated GF Value™ of $8.50. GuruFocus considers Azbil to be Modestly Overvalued.

Key valuation signals for YMATF:

  • Cyclically Adjusted PB Ratio: 4.09 (23% above median its 10-year median of 3.32)
  • GF Value™: $8.50 vs. price of $10.27 (20.8% above fair value)
  • GF Score™: 80/100 with 5 warning signs
  • Industry Position: 87.6% above the Industrial Products median (#1588 of 2203)

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


Azbil Business Description

Other Exchanges 6845:JapanYMK:Germany
Address 2-7-3 Marunouchi, Chiyoda-ku, Tokyo, JPN, 100-6419
Azbil Corp is a Japan-based company engaged in the automation business. The company operates through three reportable segments: Building Automation Business, Advanced Automation Business, and Life Automation Business. The Building Automation Business provides products, engineering, and services such as automatic air conditioning control and security systems for commercial buildings and production facilities. The Advanced Automation Business offers control systems, switches, and sensors, along with engineering and maintenance services for factories and plants. The Life Automation Business manufactures and sells meters, measuring instruments, and residential air conditioning systems for home builders. It generates the majority of its revenue from the Building Automation Business segment.
80GF Score

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

$10.27
Price
$8.50
GF Value