Mizuno (FRA:MIZ) Cyclically Adjusted Book per Share: €8.93 (As of Mar. 2026)


FRA:MIZ Mizuno Corp FRA:MIZ
88 GF Score
Price €19.40
GF Value €15.62
Valuation Modestly Overvalued
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What is Mizuno Cyclically Adjusted Book per Share?

Mizuno FRA:MIZ +5.43% 88 Cyclically Adjusted Book per Share is €8.93 as of Mar. 2026. GuruFocus rates FRA:MIZ with a GF Score™ of 88/100 and a GF Value™ of €15.62 (Modestly Overvalued).

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.

Mizuno's adjusted book value per share for the three months ended in Mar. 2026 was €12.427. 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 €8.93 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Mizuno's average Cyclically Adjusted Book Growth Rate was 6.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 7.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 6.60% 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 Mizuno was 7.20% per year. The lowest was 1.90% per year. And the median was 4.90% per year.

As of today (2026-07-08), Mizuno's current stock price is €19.40. Mizuno's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €8.93. Mizuno's Cyclically Adjusted PB Ratio of today is 2.17.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Mizuno was 2.63. The lowest was 0.42. And the median was 0.82.


Mizuno  (FRA:MIZ) 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.

Mizuno's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=19.40/8.93
=2.17

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Mizuno was 2.63. The lowest was 0.42. And the median was 0.82.


Be Aware

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


Mizuno Cyclically Adjusted Book per Share Related Terms


Mizuno Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Mizuno'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.

Mizuno Cyclically Adjusted Book per Share Chart

Mizuno 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 8.93 8.92 8.30 9.54 8.93

Mizuno 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 9.54 9.23 9.07 8.73 8.93

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

For the Specialty Retail subindustry, Mizuno'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.


Mizuno Cyclically Adjusted PB Ratio vs Retail - Cyclical Industry

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

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


FRA:MIZ
88GF Score
Mizuno Corp FRA:MIZ
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mizuno 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, Mizuno'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)
=12.427/112.7000*112.7000
=12.427

Current CPI (Mar. 2026) = 112.7000.

Mizuno Quarterly Data

Book Value per Share CPI Adj_Book
201606 9.519 98.100 10.936
201609 9.720 98.000 11.178
201612 9.238 98.400 10.581
201703 9.632 98.100 11.066
201706 9.308 98.500 10.650
201709 8.947 98.800 10.206
201712 8.895 99.400 10.085
201803 9.251 99.200 10.510
201806 9.385 99.200 10.662
201809 9.465 99.900 10.678
201812 9.670 99.700 10.931
201903 10.045 99.700 11.355
201906 10.364 99.800 11.704
201909 10.843 100.100 12.208
201912 10.601 100.500 11.888
202003 10.880 100.300 12.225
202006 10.459 99.900 11.799
202009 10.320 99.900 11.642
202012 10.288 99.300 11.676
202103 10.465 99.900 11.806
202106 10.509 99.500 11.903
202109 10.918 100.100 12.292
202112 11.115 100.100 12.514
202203 11.185 101.100 12.468
202206 10.756 101.800 11.908
202209 11.279 103.100 12.329
202212 11.232 104.100 12.160
202303 11.274 104.400 12.170
202306 10.999 105.200 11.783
202309 11.209 106.200 11.895
202312 11.488 106.800 12.123
202403 11.323 107.200 11.904
202406 11.305 108.200 11.775
202409 12.451 108.900 12.885
202412 12.232 110.700 12.453
202503 12.644 111.100 12.826
202506 12.222 111.700 12.331
202509 12.195 112.000 12.271
202512 11.940 113.000 11.908
202603 12.427 112.700 12.427

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 €8.93 mean?
Mizuno (FRA:MIZ) has a Cyclically Adjusted Book per Share of €8.93 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 Mizuno and its competitors.
Is Mizuno's Cyclically Adjusted Book per Share too high?
Mizuno's current Cyclically Adjusted Book per Share is €8.93. Overall, Mizuno has a GF Score™ of 88/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mizuno's Cyclically Adjusted Book per Share compare to CASY and WSM?
Mizuno's Cyclically Adjusted Book per Share of €8.93 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 Mizuno and its competitors. Mizuno's current Cyclically Adjusted Book per Share is €8.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mizuno stock overvalued right now?
Based on GuruFocus' analysis, Mizuno (FRA:MIZ) is currently considered Modestly Overvalued. The stock's GF Value™ is €15.62, compared to a current price of €19.40 — trading 24.2% above its estimated fair value. The current Cyclically Adjusted Book per Share is €8.93. Mizuno's overall GF Score™ is 88/100. 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 Mizuno (FRA:MIZ), the current Cyclically Adjusted Book per Share is €8.93 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 Mizuno (FRA:MIZ) Overvalued in 2026?

Based on GuruFocus' analysis, Mizuno stock appears to be overvalued. The current stock price of €19.40 is trading 24.2% above its estimated GF Value™ of €15.62. GuruFocus considers Mizuno to be Modestly Overvalued.

Key valuation signals for FRA:MIZ:

  • Cyclically Adjusted Book per Share: €8.93
  • GF Value™: €15.62 vs. price of €19.40 (24.2% above fair value)
  • GF Score™: 88/100

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


Mizuno Business Description

Other Exchanges 8022:JapanMIZ:Germany
Address 1-12-35 Nanko-Kita Suminoe-ku, Osaka-shi, JPN, 559-8510
Mizuno Corporation is a Japan-based company principally engaged in the manufacture and sale of sporting goods under the brand MIZUNO worldwide. The company's product mix consists of sports equipment, sports shoes, sportswear, and other products and services. Footwear and apparel jointly account for more than half of the company's total revenue. The company's products are produced in the company's own factories or commissioned factories. The company has business presence in Japan, the Americas, EMEA, Asia and Oceania, with Japan contributing over half of the company's total revenue.
88GF Score

Get the complete analysis for FRA:MIZ

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

€19.40
Price
€15.62
GF Value