BLUNF (Belluna Co) Cyclically Adjusted Book per Share: $0.00 (As of Mar. 2026)


BLUNF Belluna Co Ltd BLUNF
62 GF Score
Price $2.00
GF Value $1.70
! 3 Warning Signs
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What is Belluna Co Cyclically Adjusted Book per Share?

Belluna Co BLUNF 62 Cyclically Adjusted Book per Share is $0.00 as of Mar. 2026. GuruFocus rates BLUNF with a GF Score™ of 62/100 and a GF Value™ of $1.70. The stock has 3 warning signs investors should review.

Note: As Cyclically Adjusted Book per Share is a main component used to calculate Cyclically Adjusted PB Ratio. If the month end stock price for this stock is zero, result may not be accurate due to the exchange rate between different shares and the data will not be stored into our database. Selected historical data showed in the calculation section below is only for demostration purpose.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

Belluna Co's adjusted book value per share for the three months ended in Mar. 2026 was $9.911. 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 $0.00 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Belluna Co's average Cyclically Adjusted Book Growth Rate was 6.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 7.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 8.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Belluna Co was 8.50% per year. The lowest was 5.90% per year. And the median was 7.60% per year.

As of today (2026-07-01), Belluna Co's current stock price is $2.00. Belluna Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $0.00. Belluna Co's Cyclically Adjusted PB Ratio of today is .

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Belluna Co was 2.07. The lowest was 0.49. And the median was 0.80.


Belluna Co  (OTCPK:BLUNF) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Belluna Co was 2.07. The lowest was 0.49. And the median was 0.80.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Belluna Co Cyclically Adjusted Book per Share Related Terms


Belluna Co Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Belluna Co's Cyclically Adjusted Book per Share 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.

Belluna Co Cyclically Adjusted Book per Share Chart

Belluna Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.57 2.91 3.56 2.52 0.00

Belluna 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 Book per Share 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 2.52 2.73 2.41 0.00 0.00

BLUNF vs CASY, WSM, DKS: Cyclically Adjusted Book per Share Comparison

For the Specialty Retail subindustry, Belluna 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.


Belluna Co Cyclically Adjusted PB Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Belluna Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


BLUNF
62GF Score
Belluna Co Ltd BLUNF
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Belluna Co Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Belluna 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)
=9.911/112.7000*112.7000
=9.911

Current CPI (Mar. 2026) = 112.7000.

Belluna Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 7.548 98.100 8.671
201609 7.803 98.000 8.973
201612 7.571 98.400 8.671
201703 7.730 98.100 8.880
201706 8.099 98.500 9.267
201709 8.243 98.800 9.403
201712 8.423 99.400 9.550
201803 8.955 99.200 10.174
201806 8.854 99.200 10.059
201809 8.823 99.900 9.953
201812 8.815 99.700 9.964
201903 9.254 99.700 10.461
201906 9.512 99.800 10.742
201909 9.594 100.100 10.802
201912 9.692 100.500 10.869
202003 9.791 100.300 11.001
202006 9.921 99.900 11.192
202009 10.275 99.900 11.592
202012 10.899 99.300 12.370
202103 10.717 99.900 12.090
202106 10.730 99.500 12.153
202109 10.874 100.100 12.243
202112 10.838 100.100 12.202
202203 10.316 101.100 11.500
202206 9.168 101.800 10.150
202209 8.794 103.100 9.613
202212 9.390 104.100 10.166
202303 9.710 104.400 10.482
202306 9.484 105.200 10.160
202309 9.226 106.200 9.791
202312 9.481 106.800 10.005
202403 9.332 107.200 9.811
202406 0.000 108.200 0.000
202409 9.833 108.900 10.176
202412 9.360 110.700 9.529
202503 9.852 111.100 9.994
202506 10.026 111.700 10.116
202509 10.034 112.000 10.097
202512 9.808 113.000 9.782
202603 9.911 112.700 9.911

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

What does a Cyclically Adjusted Book per Share of $0.00 mean?
Belluna Co (BLUNF) has a Cyclically Adjusted Book per Share of $0.00 as of Mar. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Belluna Co and its competitors.
Is Belluna Co's Cyclically Adjusted Book per Share too high?
Belluna Co's current Cyclically Adjusted Book per Share is $0.00. Overall, Belluna Co has a GF Score™ of 62/100, reflecting its overall financial health beyond just this single metric.
How does Belluna Co's Cyclically Adjusted Book per Share compare to CASY and WSM?
Belluna Co's Cyclically Adjusted Book per Share of $0.00 can be compared against companies in the Retail - Cyclical industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for a Retail - Cyclical company?
A good Cyclically Adjusted Book per Share depends on the Retail - Cyclical industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Belluna Co and its competitors. Belluna Co's current Cyclically Adjusted Book per Share is $0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Belluna Co stock overvalued right now?
Belluna Co (BLUNF) has a current Cyclically Adjusted Book per Share of $0.00. The stock's GF Value™ is $1.70, compared to a current price of $2.00 — trading 17.6% above its estimated fair value. The current Cyclically Adjusted Book per Share is $0.00. Belluna Co's overall GF Score™ is 62/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For Belluna Co (BLUNF), the current Cyclically Adjusted Book per Share is $0.00 as of Mar. 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 Belluna Co (BLUNF) Overvalued in 2026?

Based on GuruFocus' analysis, Belluna Co stock appears to be overvalued. The current stock price of $2.00 is trading 17.6% above its estimated GF Value™ of $1.70.

Key valuation signals for BLUNF:

  • Cyclically Adjusted Book per Share: $0.00
  • GF Value™: $1.70 vs. price of $2.00 (17.6% above fair value)
  • GF Score™: 62/100 with 3 warning signs

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


Belluna Co Business Description

Other Exchanges 9997:Japan73L:Germany
Address 4-2 Miyamoto-cho, Ageo City, Saitama, JPN, 362-8688
Belluna Co Ltd is primarily a mail-order retailer that sells a wide range of products, including apparel, home furnishings, food, wine, cosmetics, health food, and nursing supplies through catalogs and e-commerce sites. More than 80% of the company's sales come from its mail-order business. Remaining revenue comes from its apparel retail stores; its solution business, which offers outsourced services for Belluna's corporate clients; its finance business, which offers financing services that target mail-order customers; and its property business, which leases office and commercial space and engages in property development. Nearly all the company's sales are in Japan.
62GF Score

Get the complete analysis for BLUNF

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

$2.00
Price
$1.70
GF Value