Rizap Group (SSE:2928) Cyclically Adjusted Book per Share: 円58.33 (As of Mar. 2026)


SSE:2928 Rizap Group SSE:2928
54 GF Score
Price 円191.00
GF Value 円222.73
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Rizap Group Cyclically Adjusted Book per Share?

Rizap Group SSE:2928 +1.06% 54 Cyclically Adjusted Book per Share is 円58.33 as of Mar. 2026. GuruFocus rates SSE:2928 with a GF Score™ of 54/100 and a GF Value™ of 円222.73 (Modestly Undervalued). 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.

Rizap Group's adjusted book value per share for the three months ended in Mar. 2026 was 円84.617. 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 円58.33 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Rizap Group's average Cyclically Adjusted Book Growth Rate was 12.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 12.00% 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 Rizap Group was 12.00% per year. The lowest was 12.00% per year. And the median was 12.00% per year.

As of today (2026-07-12), Rizap Group's current stock price is 円191.00. Rizap Group's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円58.33. Rizap Group's Cyclically Adjusted PB Ratio of today is 3.27.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Rizap Group was 12.07. The lowest was 2.95. And the median was 4.20.


Rizap Group  (SSE:2928) 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.

Rizap Group's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=191.00/58.33
=3.27

* 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 Rizap Group was 12.07. The lowest was 2.95. And the median was 4.20.


Be Aware

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


Rizap Group Cyclically Adjusted Book per Share Related Terms


Rizap Group Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Rizap Group'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.

Rizap Group Cyclically Adjusted Book per Share Chart

Rizap Group 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 0.00 41.50 43.38 51.85 58.33

Rizap Group 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 51.85 53.52 55.08 56.94 58.33

SSE:2928 vs CASY, WSM, DKS: Cyclically Adjusted Book per Share Comparison

For the Specialty Retail subindustry, Rizap Group'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.


Rizap Group Cyclically Adjusted PB Ratio vs Retail - Cyclical Industry

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

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


SSE:2928
54GF Score
Rizap Group SSE:2928
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Rizap Group 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, Rizap Group'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)
=84.617/112.7000*112.7000
=84.617

Current CPI (Mar. 2026) = 112.7000.

Rizap Group Quarterly Data

Book Value per Share CPI Adj_Book
201606 23.593 98.100 27.104
201609 26.553 98.000 30.536
201612 28.182 98.400 32.278
201703 33.386 98.100 38.355
201706 34.072 98.500 38.984
201709 43.222 98.800 49.303
201712 47.758 99.400 54.148
201803 55.373 99.200 62.909
201806 98.140 99.200 111.496
201809 96.281 99.900 108.617
201812 96.658 99.700 109.261
201903 76.170 99.700 86.102
201906 56.992 99.800 64.359
201909 56.825 100.100 63.978
201912 56.171 100.500 62.990
202003 45.583 100.300 51.218
202006 40.430 99.900 45.610
202009 42.241 99.900 47.653
202012 45.311 99.300 51.425
202103 48.215 99.900 54.393
202106 49.806 99.500 56.413
202109 49.544 100.100 55.780
202112 51.350 100.100 57.814
202203 47.879 101.100 53.373
202206 46.741 101.800 51.746
202209 45.141 103.100 49.344
202212 32.683 104.100 35.383
202303 25.425 104.400 27.446
202306 19.411 105.200 20.795
202309 21.475 106.200 22.789
202312 21.186 106.800 22.356
202403 35.110 107.200 36.911
202406 77.079 108.200 80.285
202409 78.525 108.900 81.265
202412 81.074 110.700 82.539
202503 86.370 111.100 87.614
202506 76.107 111.700 76.788
202509 78.818 112.000 79.311
202512 79.943 113.000 79.731
202603 84.617 112.700 84.617

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 円58.33 mean?
Rizap Group (SSE:2928) has a Cyclically Adjusted Book per Share of 円58.33 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 Rizap Group and its competitors.
Is Rizap Group's Cyclically Adjusted Book per Share too high?
Rizap Group's current Cyclically Adjusted Book per Share is 円58.33. Overall, Rizap Group has a GF Score™ of 54/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Rizap Group's Cyclically Adjusted Book per Share compare to CASY and WSM?
Rizap Group's Cyclically Adjusted Book per Share of 円58.33 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 Rizap Group and its competitors. Rizap Group's current Cyclically Adjusted Book per Share is 円58.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rizap Group stock overvalued right now?
Based on GuruFocus' analysis, Rizap Group (SSE:2928) is currently considered Modestly Undervalued. The stock's GF Value™ is 円222.73, compared to a current price of 円191.00 — trading 14.2% below its estimated fair value. The current Cyclically Adjusted Book per Share is 円58.33. Rizap Group's overall GF Score™ is 54/100 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 Rizap Group (SSE:2928), the current Cyclically Adjusted Book per Share is 円58.33 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 Rizap Group (SSE:2928) Overvalued in 2026?

Based on GuruFocus' analysis, Rizap Group stock appears to be undervalued. The current stock price of 円191.00 is trading 14.2% below its estimated GF Value™ of 円222.73. GuruFocus considers Rizap Group to be Modestly Undervalued.

Key valuation signals for SSE:2928:

  • Cyclically Adjusted Book per Share: 円58.33
  • GF Value™: 円222.73 vs. price of 円191.00 (14.2% below fair value)
  • GF Score™: 54/100 with 4 warning signs

No single metric tells the full story. See the SSE:2928 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Rizap Group Business Description

Address Kitashinjuku 2-21-1, Shinjuku Front Tower, 31st Floor, Shinjuku-ku, Yubinbango, Tokyo, JPN, 169-0074
Rizap Group is engaged in health and fitness. The Company sells its beauty and health products through mail order. The company manufactures and sales of beauty related products, health foods, Apparel, interior goods. Its other business includes Housing new construction, renovation, Mega solar business, and entertainment business. Its products include mud Awawa, RIZAP Golf, among others.
54GF Score

Get the complete analysis for SSE:2928

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

円191.00
Price
円222.73
GF Value