Ain Holdings (SSE:9627) Cyclically Adjusted Book per Share: 円2,893.58 (As of Jan. 2026)

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.

SSE:9627 Ain Holdings Inc SSE:9627
74 GF Score
Price 円5,460.00
GF Value 円7,983.85
! 2 Warning Signs
View Full Analysis

What is Ain Holdings Cyclically Adjusted Book per Share?

Ain Holdings SSE:9627 74 Cyclically Adjusted Book per Share is 円2,893.58 as of Jan. 2026. GuruFocus rates SSE:9627 with a GF Score™ of 74/100 and a GF Value™ of 円7,983.85. 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.

Ain Holdings's adjusted book value per share for the three months ended in Jan. 2026 was 円4,294.009. 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2,893.58 for the trailing ten years ended in Jan. 2026.

During the past 12 months, Ain Holdings's average Cyclically Adjusted Book Growth Rate was -100.00% 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 Ain Holdings was 13.70% per year. The lowest was 12.30% per year. And the median was 13.00% per year.

As of today (2026-07-17), Ain Holdings's current stock price is 円5460.00. Ain Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2026 was 円2,893.58. Ain Holdings's Cyclically Adjusted PB Ratio of today is 1.89.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Ain Holdings was 6.51. The lowest was 1.41. And the median was 2.93.


Ain Holdings  (SSE:9627) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=5460.00/2893.58
=1.89

* 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 Ain Holdings was 6.51. The lowest was 1.41. And the median was 2.93.


Be Aware

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


Ain Holdings Cyclically Adjusted Book per Share Related Terms


Ain Holdings Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Ain 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.

Ain Holdings Cyclically Adjusted Book per Share Chart

Ain Holdings Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,673.86 3,143.72 2,621.52 3,167.11 0.00

Ain Holdings Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 3,167.11 3,050.50 2,837.81 2,893.58 0.00

Ain Holdings Cyclically Adjusted Book per Share Competitor Comparison

For the Pharmaceutical Retailers subindustry, Ain 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.


Ain Holdings Cyclically Adjusted PB Ratio vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Ain Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


SSE:9627
74GF Score
Ain Holdings Inc SSE:9627
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ain 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, Ain Holdings's adjusted Book Value per Share data for the three months ended in Jan. 2026 was:

Adj_Book= Book Value per Share /CPI of Jan. 2026 (Change)*Current CPI (Jan. 2026)
=4294.009/112.9000*112.9000
=4,294.009

Current CPI (Jan. 2026) = 112.9000.

Ain Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201604 1,679.666 98.100 1,933.071
201607 1,683.511 97.900 1,941.454
201610 1,731.622 98.600 1,982.760
201701 1,815.980 98.200 2,087.822
201704 1,895.607 98.500 2,172.731
201707 1,912.664 98.300 2,196.742
201710 2,573.635 98.800 2,940.925
201801 2,672.591 99.500 3,032.518
201804 2,729.338 99.100 3,109.407
201807 2,731.879 99.200 3,109.165
201810 2,780.569 100.200 3,132.996
201901 2,869.397 99.700 3,249.297
201904 2,931.382 100.000 3,309.530
201907 2,938.043 99.800 3,323.698
201910 3,006.351 100.400 3,380.648
202001 3,076.860 100.500 3,456.492
202004 3,130.688 100.200 3,527.492
202007 3,100.062 100.000 3,499.970
202010 3,151.462 99.800 3,565.131
202101 3,206.701 99.800 3,627.621
202104 3,267.359 99.100 3,722.349
202107 3,227.581 99.700 3,654.904
202110 3,285.576 99.900 3,713.128
202201 3,360.663 100.300 3,782.840
202204 3,385.419 101.500 3,765.653
202207 3,378.672 102.300 3,728.759
202210 3,438.568 103.700 3,743.629
202301 3,520.639 104.700 3,796.372
202304 3,599.636 105.100 3,866.783
202307 3,601.771 105.700 3,847.114
202310 3,693.891 107.100 3,893.934
202401 3,791.558 106.900 4,004.368
202404 3,866.520 107.700 4,053.204
202407 3,834.404 108.600 3,986.227
202410 3,883.339 109.500 4,003.918
202501 4,006.589 111.200 4,067.841
202504 4,063.496 111.500 4,114.517
202507 4,050.837 111.900 4,087.038
202510 4,125.975 112.800 4,129.633
202601 4,294.009 112.900 4,294.009

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2,893.58 mean?
Ain Holdings (SSE:9627) has a Cyclically Adjusted Book per Share of 円2,893.58 as of Jan. 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 Ain Holdings and its competitors.
Is Ain Holdings' Cyclically Adjusted Book per Share too high?
Ain Holdings' current Cyclically Adjusted Book per Share is 円2,893.58. Overall, Ain Holdings has a GF Score™ of 74/100, reflecting its overall financial health beyond just this single metric.
How does Ain Holdings' Cyclically Adjusted Book per Share compare to competitors?
Ain Holdings' Cyclically Adjusted Book per Share of 円2,893.58 can be compared against companies in the Healthcare Providers & Services 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 Healthcare Providers & Services company?
A good Cyclically Adjusted Book per Share depends on the Healthcare Providers & Services 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 Ain Holdings and its competitors. Ain Holdings's current Cyclically Adjusted Book per Share is 円2,893.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ain Holdings stock overvalued right now?
Ain Holdings (SSE:9627) has a current Cyclically Adjusted Book per Share of 円2,893.58. The stock's GF Value™ is 円7,983.85, compared to a current price of 円5,460.00 — trading 31.6% below its estimated fair value. The current Cyclically Adjusted Book per Share is 円2,893.58. Ain Holdings' overall GF Score™ is 74/100 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 Ain Holdings (SSE:9627), the current Cyclically Adjusted Book per Share is 円2,893.58 as of Jan. 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 Ain Holdings (SSE:9627) Overvalued in 2026?

Based on GuruFocus' analysis, Ain Holdings stock appears to be undervalued. The current stock price of 円5,460.00 is trading 31.6% below its estimated GF Value™ of 円7,983.85.

Key valuation signals for SSE:9627:

  • Cyclically Adjusted Book per Share: 円2,893.58
  • GF Value™: 円7,983.85 vs. price of 円5,460.00 (31.6% below fair value)
  • GF Score™: 74/100 with 2 warning signs

No single metric tells the full story. See the SSE:9627 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ain Holdings Business Description

Other Exchanges AINPF:USA9627:Japan
Address 1-2-1 Higashi-Naebo-Gojo, Higashi-ku, Sapporo-shi, JPN, 007-8755
Ain Holdings Inc's core business is the dispensing pharmacy business that includes preparing and dispensing drugs based on prescriptions. The company also generates revenue by selling generic drugs wholesale, pharmacy staffing services, and pharmacy consulting services. The company's additional business activity includes both urban and suburban drug and cosmetic stores. Ain operates the ainz & tuple brand that specifically targets female consumers in urban areas. The company also executes small real estate rental strategies.
74GF Score

Get the complete analysis for SSE:9627

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

円5,460.00
Price
円7,983.85
GF Value