East Japan Railway Co (FRA:EJR) Cyclically Adjusted Book per Share: € (As of Jun. 2026)

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FRA:EJR East Japan Railway Co FRA:EJR
78 GF Score
Price €19.00
GF Value €19.09
Valuation Fairly Valued
! 3 Warning Signs
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What is East Japan Railway Co Cyclically Adjusted Book per Share?

East Japan Railway Co FRA:EJR -1.68% 78 Cyclically Adjusted Book per Share is € as of Jun. 2026. GuruFocus rates FRA:EJR with a GF Score™ of 78/100 and a GF Value™ of €19.09 (Fairly Valued). The stock has 3 warning signs investors should review.

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.

East Japan Railway Co's adjusted book value per share for the three months ended in Jun. 2026 was €14.656. 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 for the trailing ten years ended in Jun. 2026.

During the past 12 months, East Japan Railway Co's average Cyclically Adjusted Book Growth Rate was 2.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 3.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 4.10% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 5.20% 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 East Japan Railway Co was 8.40% per year. The lowest was 3.90% per year. And the median was 4.50% per year.

As of today (2026-09-22), East Japan Railway Co's current stock price is €19.00. East Japan Railway Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was . East Japan Railway Co's Cyclically Adjusted PB Ratio of today is .

During the past 13 years, the highest Cyclically Adjusted PB Ratio of East Japan Railway Co was 2.16. The lowest was 0.84. And the median was 1.26.


East Japan Railway Co  (FRA:EJR) 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 East Japan Railway Co was 2.16. The lowest was 0.84. And the median was 1.26.


Be Aware

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


East Japan Railway Co Cyclically Adjusted Book per Share Related Terms


East Japan Railway Co Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for East Japan Railway 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.

East Japan Railway Co Cyclically Adjusted Book per Share Chart

East Japan Railway Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted Book per Share
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East Japan Railway Co Quarterly Data
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FRA:EJR vs UNP, CSX, NSC: Cyclically Adjusted Book per Share Comparison

For the Railroads subindustry, East Japan Railway 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.


East Japan Railway Co Cyclically Adjusted PB Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, East Japan Railway Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FRA:EJR
78GF Score
East Japan Railway Co FRA:EJR
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

East Japan Railway 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, East Japan Railway Co's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book= Book Value per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=14.656/113.6000*113.6000
=14.656

Current CPI (Jun. 2026) = 113.6000.

East Japan Railway Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 19.321 98.000 22.397
201612 18.495 98.400 21.352
201703 19.248 98.100 22.289
201706 18.303 98.500 21.109
201709 18.234 98.800 20.965
201712 18.426 99.400 21.058
201803 19.095 99.200 21.867
201806 19.686 99.200 22.544
201809 20.001 99.900 22.744
201812 21.344 99.700 24.320
201903 21.774 99.700 24.810
201906 22.433 99.800 25.535
201909 24.119 100.100 27.372
201912 23.600 100.500 26.676
202003 23.672 100.300 26.811
202006 21.773 99.900 24.759
202009 20.517 99.900 23.331
202012 19.813 99.300 22.666
202103 17.400 99.900 19.786
202106 16.495 99.500 18.832
202109 16.384 100.100 18.594
202112 16.387 100.100 18.597
202203 15.822 101.100 17.778
202206 15.061 101.800 16.807
202209 15.137 103.100 16.679
202212 15.532 104.100 16.949
202303 15.288 104.400 16.635
202306 14.295 105.200 15.436
202309 14.699 106.200 15.723
202312 15.188 106.800 16.155
202403 14.813 107.200 15.697
202406 14.241 108.200 14.952
202409 15.678 108.900 16.355
202412 15.640 110.700 16.050
202503 15.717 111.100 16.071
202506 15.210 111.700 15.469
202509 15.302 112.000 15.521
202512 14.587 113.000 14.664
202603 14.786 112.700 14.904
202606 14.656 113.600 14.656

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 € mean?
East Japan Railway Co (FRA:EJR) has a Cyclically Adjusted Book per Share of € as of Jun. 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 East Japan Railway Co and its competitors.
Is East Japan Railway Co's Cyclically Adjusted Book per Share too high?
East Japan Railway Co's current Cyclically Adjusted Book per Share is €. Overall, East Japan Railway Co has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does East Japan Railway Co's Cyclically Adjusted Book per Share compare to UNP and CSX?
East Japan Railway Co's Cyclically Adjusted Book per Share of € can be compared against companies in the Transportation 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 Transportation company?
A good Cyclically Adjusted Book per Share depends on the Transportation 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 East Japan Railway Co and its competitors. East Japan Railway Co's current Cyclically Adjusted Book per Share is €. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is East Japan Railway Co stock overvalued right now?
Based on GuruFocus' analysis, East Japan Railway Co (FRA:EJR) is currently considered Fairly Valued. The stock's GF Value™ is €19.09, compared to a current price of €19.00 — trading 0.5% below its estimated fair value. The current Cyclically Adjusted Book per Share is €. East Japan Railway Co's overall GF Score™ is 78/100 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 East Japan Railway Co (FRA:EJR), the current Cyclically Adjusted Book per Share is € as of Jun. 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 East Japan Railway Co (FRA:EJR) Overvalued in 2026?

Based on GuruFocus' analysis, East Japan Railway Co stock appears to be undervalued. The current stock price of €19.00 is trading 0.5% below its estimated GF Value™ of €19.09. GuruFocus considers East Japan Railway Co to be Fairly Valued.

Key valuation signals for FRA:EJR:

  • Cyclically Adjusted Book per Share:
  • GF Value™: €19.09 vs. price of €19.00 (0.5% below fair value)
  • GF Score™: 78/100 with 3 warning signs

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


East Japan Railway Co Business Description

Address 2-2-2 Yoyogi, Shibuya-ku, Tokyo, JPN, 151-8578
East Japan Railway Company, or JR East, is the largest railway operator in Japan. It was originally established when the government-owned nationwide railway operator underwent a six-way territorial split in 1987, though it wasn't fully privatized until 2002. It runs both long distance bullet trains, known as Shinkansen, and shorter municipal train routes around and from Tokyo. Its 7,400 kilometers of rail track covers half of Japan's population and a third of the country's land area. Two thirds of revenue is from transportation, with most of the rest from retail operations and real estate investments.
78GF Score

Get the complete analysis for FRA:EJR

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

€19.00
Price
€19.09
GF Value