MIOFF (Milbon Co) Cyclically Adjusted Book per Share: $27.52 (As of Dec. 2025)


MIOFF Milbon Co Ltd MIOFF
79 GF Score
Price $52.60
GF Value $69.57
! 4 Warning Signs
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What is Milbon Co Cyclically Adjusted Book per Share?

Milbon Co MIOFF 79 Cyclically Adjusted Book per Share is $27.52 as of Dec. 2025. GuruFocus rates MIOFF with a GF Score™ of 79/100 and a GF Value™ of $69.57. The stock has 4 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.

Milbon Co's adjusted book value per share for the three months ended in Dec. 2025 was $9.901. 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 $27.52 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Milbon Co's average Cyclically Adjusted Book Growth Rate was 7.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 8.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 9.50% 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 Milbon Co was 10.20% per year. The lowest was 7.20% per year. And the median was 8.50% per year.

As of today (2026-06-28), Milbon Co's current stock price is $52.60. Milbon Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was $27.52. Milbon Co's Cyclically Adjusted PB Ratio of today is 1.91.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Milbon Co was 8.62. The lowest was 1.86. And the median was 5.98.


Milbon Co  (OTCPK:MIOFF) 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.

Milbon Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=52.60/27.52
=1.91

* 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 Milbon Co was 8.62. The lowest was 1.86. And the median was 5.98.


Be Aware

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


Milbon Co Cyclically Adjusted Book per Share Related Terms


Milbon Co Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Milbon 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.

Milbon Co Cyclically Adjusted Book per Share Chart

Milbon Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.19 9.11 15.41 17.85 27.52

Milbon 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 21.30 26.71 26.46 27.52 0.00

MIOFF vs PG, CL, KVUE: Cyclically Adjusted Book per Share Comparison

For the Household & Personal Products subindustry, Milbon 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.


Milbon Co Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Milbon Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


MIOFF
79GF Score
Milbon Co Ltd MIOFF
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Milbon 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, Milbon Co's adjusted Book Value per Share data for the three months ended in Dec. 2025 was:

Adj_Book= Book Value per Share /CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=9.901/113.0000*113.0000
=9.901

Current CPI (Dec. 2025) = 113.0000.

Milbon Co Quarterly Data

Book Value per Share CPI Adj_Book
201603 7.033 97.900 8.118
201606 7.759 98.100 8.937
201609 8.039 98.000 9.269
201612 7.295 98.400 8.377
201703 7.543 98.100 8.689
201706 8.031 98.500 9.213
201709 8.193 98.800 9.371
201712 8.411 99.400 9.562
201803 9.035 99.200 10.292
201806 9.013 99.200 10.267
201809 8.953 99.900 10.127
201812 9.025 99.700 10.229
201903 9.137 99.700 10.356
201906 9.629 99.800 10.903
201909 9.824 100.100 11.090
201912 10.046 100.500 11.296
202003 9.430 100.300 10.624
202006 9.707 99.900 10.980
202009 9.961 99.900 11.267
202012 10.763 99.300 12.248
202103 10.398 99.900 11.762
202106 10.701 99.500 12.153
202109 10.690 100.100 12.068
202112 10.862 100.100 12.262
202203 10.571 101.100 11.815
202206 9.899 101.800 10.988
202209 9.308 103.100 10.202
202212 10.025 104.100 10.882
202303 10.014 104.400 10.839
202306 9.864 105.200 10.595
202309 9.223 106.200 9.814
202312 9.804 106.800 10.373
202403 9.357 107.200 9.863
202406 9.298 108.200 9.710
202409 10.029 108.900 10.407
202412 9.747 110.700 9.950
202503 9.680 111.100 9.846
202506 10.083 111.700 10.200
202509 9.819 112.000 9.907
202512 9.901 113.000 9.901

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 $27.52 mean?
Milbon Co (MIOFF) has a Cyclically Adjusted Book per Share of $27.52 as of Dec. 2025. 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 Milbon Co and its competitors.
Is Milbon Co's Cyclically Adjusted Book per Share too high?
Milbon Co's current Cyclically Adjusted Book per Share is $27.52. Overall, Milbon Co has a GF Score™ of 79/100, reflecting its overall financial health beyond just this single metric.
How does Milbon Co's Cyclically Adjusted Book per Share compare to PG and CL?
Milbon Co's Cyclically Adjusted Book per Share of $27.52 can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Cyclically Adjusted Book per Share depends on the Consumer Packaged Goods 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 Milbon Co and its competitors. Milbon Co's current Cyclically Adjusted Book per Share is $27.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Milbon Co stock overvalued right now?
Milbon Co (MIOFF) has a current Cyclically Adjusted Book per Share of $27.52. The stock's GF Value™ is $69.57, compared to a current price of $52.60 — trading 24.4% below its estimated fair value. The current Cyclically Adjusted Book per Share is $27.52. Milbon Co's overall GF Score™ is 79/100 with 4 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 Milbon Co (MIOFF), the current Cyclically Adjusted Book per Share is $27.52 as of Dec. 2025. 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 Milbon Co (MIOFF) Overvalued in 2026?

Based on GuruFocus' analysis, Milbon Co stock appears to be undervalued. The current stock price of $52.60 is trading 24.4% below its estimated GF Value™ of $69.57.

Key valuation signals for MIOFF:

  • Cyclically Adjusted Book per Share: $27.52
  • GF Value™: $69.57 vs. price of $52.60 (24.4% below fair value)
  • GF Score™: 79/100 with 4 warning signs

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


Milbon Co Business Description

Other Exchanges 4919:Japan
Address Research Institute 2-3-35, Zengenji-cho, Miyakojima-ku, Osaka, JPN, 534-0015
Milbon Co Ltd is a Japan-based company that is principally engaged in producing and selling hair care products. Its products consist of hair-coloring products, hair-styling products, shampoos, conditioners, permanent-wave products, scalp lotion, hair treatments, tools for permanent waves, and other. Hair-care products and hair-coloring products jointly contribute the majority of the company's total revenue. The company operates through a global network, including Japan, Mainland China, Korea, Hong Kong, Taiwan, Thailand, Vietnam, Philippines, Malaysia, Indonesia, Turkey, and the United States.
79GF Score

Get the complete analysis for MIOFF

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

$52.60
Price
$69.57
GF Value