BANDAI NAMCO Holdings (FRA:N9B) Cyclically Adjusted Book per Share: €4.94 (As of Mar. 2026)


FRA:N9B BANDAI NAMCO Holdings Inc FRA:N9B
96 GF Score
Price €21.42
GF Value €23.28
Valuation Fairly Valued
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What is BANDAI NAMCO Holdings Cyclically Adjusted Book per Share?

BANDAI NAMCO Holdings FRA:N9B +2.00% 96 Cyclically Adjusted Book per Share is €4.94 as of Mar. 2026. GuruFocus rates FRA:N9B with a GF Score™ of 96/100 and a GF Value™ of €23.28 (Fairly Valued).

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.

BANDAI NAMCO Holdings's adjusted book value per share for the three months ended in Mar. 2026 was €7.316. 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 €4.94 for the trailing ten years ended in Mar. 2026.

During the past 12 months, BANDAI NAMCO Holdings's average Cyclically Adjusted Book Growth Rate was 10.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 11.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 12.30% 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 BANDAI NAMCO Holdings was 12.80% per year. The lowest was 7.00% per year. And the median was 11.40% per year.

As of today (2026-07-07), BANDAI NAMCO Holdings's current stock price is €21.42. BANDAI NAMCO Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €4.94. BANDAI NAMCO Holdings's Cyclically Adjusted PB Ratio of today is 4.34.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of BANDAI NAMCO Holdings was 6.59. The lowest was 2.74. And the median was 4.57.


BANDAI NAMCO Holdings  (FRA:N9B) 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.

BANDAI NAMCO Holdings's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=21.42/4.94
=4.34

* 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 BANDAI NAMCO Holdings was 6.59. The lowest was 2.74. And the median was 4.57.


Be Aware

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


BANDAI NAMCO Holdings Cyclically Adjusted Book per Share Related Terms


BANDAI NAMCO Holdings Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for BANDAI NAMCO Holdings'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.

BANDAI NAMCO Holdings Cyclically Adjusted Book per Share Chart

BANDAI NAMCO Holdings 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 4.26 4.53 4.38 5.05 4.94

BANDAI NAMCO Holdings 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 5.05 5.02 4.90 4.77 4.94

FRA:N9B vs AS, HAS, LTH: Cyclically Adjusted Book per Share Comparison

For the Leisure subindustry, BANDAI NAMCO Holdings'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.


BANDAI NAMCO Holdings Cyclically Adjusted PB Ratio vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, BANDAI NAMCO Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FRA:N9B
96GF Score
BANDAI NAMCO Holdings Inc FRA:N9B
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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BANDAI NAMCO Holdings 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, BANDAI NAMCO Holdings'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)
=7.316/112.7000*112.7000
=7.316

Current CPI (Mar. 2026) = 112.7000.

BANDAI NAMCO Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201606 4.075 98.100 4.681
201609 4.371 98.000 5.027
201612 4.389 98.400 5.027
201703 4.375 98.100 5.026
201706 4.250 98.500 4.863
201709 4.256 98.800 4.855
201712 4.315 99.400 4.892
201803 4.484 99.200 5.094
201806 4.473 99.200 5.082
201809 4.659 99.900 5.256
201812 4.912 99.700 5.552
201903 5.181 99.700 5.857
201906 5.168 99.800 5.836
201909 5.543 100.100 6.241
201912 5.672 100.500 6.361
202003 5.730 100.300 6.438
202006 5.520 99.900 6.227
202009 5.720 99.900 6.453
202012 5.856 99.300 6.646
202103 5.986 99.900 6.753
202106 5.892 99.500 6.674
202109 6.577 100.100 7.405
202112 6.462 100.100 7.275
202203 6.776 101.100 7.553
202206 6.355 101.800 7.035
202209 6.755 103.100 7.384
202212 6.792 104.100 7.353
202303 6.901 104.400 7.450
202306 6.459 105.200 6.919
202309 6.611 106.200 7.016
202312 6.746 106.800 7.119
202403 6.566 107.200 6.903
202406 6.374 108.200 6.639
202409 7.259 108.900 7.512
202412 7.828 110.700 7.969
202503 7.602 111.100 7.711
202506 7.381 111.700 7.447
202509 7.486 112.000 7.533
202512 7.229 113.000 7.210
202603 7.316 112.700 7.316

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 €4.94 mean?
BANDAI NAMCO Holdings (FRA:N9B) has a Cyclically Adjusted Book per Share of €4.94 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 BANDAI NAMCO Holdings and its competitors.
Is BANDAI NAMCO Holdings' Cyclically Adjusted Book per Share too high?
BANDAI NAMCO Holdings' current Cyclically Adjusted Book per Share is €4.94. Overall, BANDAI NAMCO Holdings has a GF Score™ of 96/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does BANDAI NAMCO Holdings' Cyclically Adjusted Book per Share compare to AS and HAS?
BANDAI NAMCO Holdings' Cyclically Adjusted Book per Share of €4.94 can be compared against companies in the Travel & Leisure 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 Travel & Leisure company?
A good Cyclically Adjusted Book per Share depends on the Travel & Leisure 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 BANDAI NAMCO Holdings and its competitors. BANDAI NAMCO Holdings's current Cyclically Adjusted Book per Share is €4.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BANDAI NAMCO Holdings stock overvalued right now?
Based on GuruFocus' analysis, BANDAI NAMCO Holdings (FRA:N9B) is currently considered Fairly Valued. The stock's GF Value™ is €23.28, compared to a current price of €21.42 — trading 8% below its estimated fair value. The current Cyclically Adjusted Book per Share is €4.94. BANDAI NAMCO Holdings' overall GF Score™ is 96/100. 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 BANDAI NAMCO Holdings (FRA:N9B), the current Cyclically Adjusted Book per Share is €4.94 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 BANDAI NAMCO Holdings (FRA:N9B) Overvalued in 2026?

Based on GuruFocus' analysis, BANDAI NAMCO Holdings stock appears to be undervalued. The current stock price of €21.42 is trading 8% below its estimated GF Value™ of €23.28. GuruFocus considers BANDAI NAMCO Holdings to be Fairly Valued.

Key valuation signals for FRA:N9B:

  • Cyclically Adjusted Book per Share: €4.94
  • GF Value™: €23.28 vs. price of €21.42 (8% below fair value)
  • GF Score™: 96/100

No single metric tells the full story. See the FRA:N9B stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


BANDAI NAMCO Holdings Business Description

Address 5-37-8 Shiba, Bandai Namco Future Research Institute, Minato-ku, Tokyo, JPN, 108-0014
Bandai Namco was established in 2005 through the merger of Bandai (established 1950), a toy manufacturer, and Namco (established 1955), a video game developer and arcade operator. Since then, Bandai Namco has emerged as one of the top entertainment companies in Japan, producing and selling games, toys, animation, and music content for a portfolio of over 400 internationally popular intellectual properties. The company's most notable franchises—Gundam, Dragon Ball, and One Piece are among the highest-grossing franchises in the world.
96GF Score

Get the complete analysis for FRA:N9B

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

€21.42
Price
€23.28
GF Value