MTSFF (Mitsui Fudosan Co) Cyclically Adjusted Book per Share: $6.22 (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MTSFF Mitsui Fudosan Co Ltd MTSFF
80 GF Score
Price $9.89
GF Value $9.78
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is Mitsui Fudosan Co Cyclically Adjusted Book per Share?

Mitsui Fudosan Co MTSFF 80 Cyclically Adjusted Book per Share is $6.22 as of Dec. 2025. GuruFocus rates MTSFF with a GF Score™ of 80/100 and a GF Value™ of $9.78 (Fairly Valued). The stock has 2 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.

Mitsui Fudosan Co's adjusted book value per share for the three months ended in Dec. 2025 was $7.481. 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 $6.22 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Mitsui Fudosan Co's average Cyclically Adjusted Book Growth Rate was 7.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 9.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 9.50% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 8.90% 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 Mitsui Fudosan Co was 10.40% per year. The lowest was 7.30% per year. And the median was 9.25% per year.

As of today (2026-07-31), Mitsui Fudosan Co's current stock price is $9.89. Mitsui Fudosan Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was $6.22. Mitsui Fudosan Co's Cyclically Adjusted PB Ratio of today is 1.59.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Mitsui Fudosan Co was 2.15. The lowest was 0.90. And the median was 1.52.


Mitsui Fudosan Co  (OTCPK:MTSFF) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=9.89/6.22
=1.59

* 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 Mitsui Fudosan Co was 2.15. The lowest was 0.90. And the median was 1.52.


Be Aware

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


Mitsui Fudosan Co Cyclically Adjusted Book per Share Related Terms


Mitsui Fudosan Co Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Mitsui Fudosan 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.

Mitsui Fudosan Co Cyclically Adjusted Book per Share Chart

Mitsui Fudosan 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 5.95 5.87 5.58 6.34 0.00

Mitsui Fudosan 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 6.34 6.55 6.44 6.22 0.00

Mitsui Fudosan Co Cyclically Adjusted Book per Share Competitor Comparison

For the Real Estate - Diversified subindustry, Mitsui Fudosan 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.


Mitsui Fudosan Co Cyclically Adjusted PB Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Mitsui Fudosan Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


MTSFF
80GF Score
Mitsui Fudosan Co Ltd MTSFF
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mitsui Fudosan 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, Mitsui Fudosan 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)
=7.481/113.0000*113.0000
=7.481

Current CPI (Dec. 2025) = 113.0000.

Mitsui Fudosan Co Quarterly Data

Book Value per Share CPI Adj_Book
201603 5.745 97.900 6.631
201606 6.063 98.100 6.984
201609 6.302 98.000 7.267
201612 5.641 98.400 6.478
201703 5.932 98.100 6.833
201706 6.155 98.500 7.061
201709 6.276 98.800 7.178
201712 6.347 99.400 7.215
201803 7.017 99.200 7.993
201806 6.864 99.200 7.819
201809 6.807 99.900 7.700
201812 6.797 99.700 7.704
201903 7.156 99.700 8.111
201906 7.444 99.800 8.429
201909 7.738 100.100 8.735
201912 7.623 100.500 8.571
202003 7.684 100.300 8.657
202006 7.762 99.900 8.780
202009 7.816 99.900 8.841
202012 8.330 99.300 9.479
202103 8.151 99.900 9.220
202106 8.072 99.500 9.167
202109 8.303 100.100 9.373
202112 8.156 100.100 9.207
202203 8.275 101.100 9.249
202206 7.237 101.800 8.033
202209 6.969 103.100 7.638
202212 7.492 104.100 8.133
202303 7.753 104.400 8.392
202306 7.676 105.200 8.245
202309 7.339 106.200 7.809
202312 7.599 106.800 8.040
202403 7.410 107.200 7.811
202406 0.000 108.200 0.000
202409 7.885 108.900 8.182
202412 7.052 110.700 7.199
202503 7.617 111.100 7.747
202506 8.017 111.700 8.110
202509 7.886 112.000 7.956
202512 7.481 113.000 7.481

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 $6.22 mean?
Mitsui Fudosan Co (MTSFF) has a Cyclically Adjusted Book per Share of $6.22 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 Mitsui Fudosan Co and its competitors.
Is Mitsui Fudosan Co's Cyclically Adjusted Book per Share too high?
Mitsui Fudosan Co's current Cyclically Adjusted Book per Share is $6.22. Overall, Mitsui Fudosan Co has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mitsui Fudosan Co's Cyclically Adjusted Book per Share compare to competitors?
Mitsui Fudosan Co's Cyclically Adjusted Book per Share of $6.22 can be compared against companies in the Real Estate 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 Real Estate company?
A good Cyclically Adjusted Book per Share depends on the Real Estate 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 Mitsui Fudosan Co and its competitors. Mitsui Fudosan Co's current Cyclically Adjusted Book per Share is $6.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mitsui Fudosan Co stock overvalued right now?
Based on GuruFocus' analysis, Mitsui Fudosan Co (MTSFF) is currently considered Fairly Valued. The stock's GF Value™ is $9.78, compared to a current price of $9.89 — trading 1.1% above its estimated fair value. The current Cyclically Adjusted Book per Share is $6.22. Mitsui Fudosan Co's overall GF Score™ is 80/100 with 2 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 Mitsui Fudosan Co (MTSFF), the current Cyclically Adjusted Book per Share is $6.22 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 Mitsui Fudosan Co (MTSFF) Overvalued in 2026?

Based on GuruFocus' analysis, Mitsui Fudosan Co stock appears to be overvalued. The current stock price of $9.89 is trading 1.1% above its estimated GF Value™ of $9.78. GuruFocus considers Mitsui Fudosan Co to be Fairly Valued.

Key valuation signals for MTSFF:

  • Cyclically Adjusted Book per Share: $6.22
  • GF Value™: $9.78 vs. price of $9.89 (1.1% above fair value)
  • GF Score™: 80/100 with 2 warning signs

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


Mitsui Fudosan Co Business Description

Address 2-1-1 Nihonbashi Muromachi, Mitsui Main Building, Chuo-ku, Tokyo, JPN, 103-0022
Mitsui Fudosan Co Ltd is a real estate development and management company. The company operates through five segments. The Condominiums segment sells housing to individuals and rental properties to investors. The Rental segment leases office buildings and commercial facilities. The Facility Operations segment covers hotels, resorts, sports, and entertainment. The Management segment handles property management, brokerage, and asset management. The Others segment engages in new construction contracting. It generates the majority of its revenue from the Rental segment.
80GF Score

Get the complete analysis for MTSFF

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

$9.89
Price
$9.78
GF Value