SWRHF (Shibusawa Logistics) Cyclically Adjusted Book per Share: $3.20 (As of Mar. 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.

SWRHF Shibusawa Logistics Corp SWRHF
69 GF Score
Price $4.57
GF Value $1.90
! 9 Warning Signs
View Full Analysis

What is Shibusawa Logistics Cyclically Adjusted Book per Share?

Shibusawa Logistics SWRHF -9.29% 69 Cyclically Adjusted Book per Share is $3.20 as of Mar. 2026. GuruFocus rates SWRHF with a GF Score™ of 69/100 and a GF Value™ of $1.90. The stock has 9 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.

Shibusawa Logistics's adjusted book value per share for the three months ended in Mar. 2026 was $7.568. 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 $3.20 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Shibusawa Logistics's average Cyclically Adjusted Book Growth Rate was 6.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 7.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 7.50% 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 Shibusawa Logistics was 8.10% per year. The lowest was 3.00% per year. And the median was 6.25% per year.

As of today (2026-07-22), Shibusawa Logistics's current stock price is $4.565. Shibusawa Logistics's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $3.20. Shibusawa Logistics's Cyclically Adjusted PB Ratio of today is 1.43.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Shibusawa Logistics was 2.31. The lowest was 0.62. And the median was 0.84.


Shibusawa Logistics  (OTCPK:SWRHF) 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.

Shibusawa Logistics's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=4.565/3.20
=1.43

* 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 Shibusawa Logistics was 2.31. The lowest was 0.62. And the median was 0.84.


Be Aware

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


Shibusawa Logistics Cyclically Adjusted Book per Share Related Terms


Shibusawa Logistics Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Shibusawa Logistics'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.

Shibusawa Logistics Cyclically Adjusted Book per Share Chart

Shibusawa Logistics 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 0.00 0.00 4.91 3.20

Shibusawa Logistics 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 4.91 4.00 3.54 3.28 3.20

SWRHF vs UPS, FDX, JBHT: Cyclically Adjusted Book per Share Comparison

For the Integrated Freight & Logistics subindustry, Shibusawa Logistics'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.


Shibusawa Logistics Cyclically Adjusted PB Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, Shibusawa Logistics's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


SWRHF
69GF Score
Shibusawa Logistics Corp SWRHF
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shibusawa Logistics 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, Shibusawa Logistics'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)
=7.568/112.7000*112.7000
=7.568

Current CPI (Mar. 2026) = 112.7000.

Shibusawa Logistics Quarterly Data

Book Value per Share CPI Adj_Book
201606 6.009 98.100 6.903
201609 6.346 98.000 7.298
201612 5.776 98.400 6.615
201703 5.947 98.100 6.832
201706 6.148 98.500 7.034
201709 6.291 98.800 7.176
201712 6.314 99.400 7.159
201803 6.506 99.200 7.391
201806 6.266 99.200 7.119
201809 6.292 99.900 7.098
201812 6.086 99.700 6.880
201903 6.255 99.700 7.071
201906 6.488 99.800 7.327
201909 6.675 100.100 7.515
201912 6.761 100.500 7.582
202003 6.644 100.300 7.465
202006 6.804 99.900 7.676
202009 7.166 99.900 8.084
202012 7.404 99.300 8.403
202103 7.246 99.900 8.174
202106 7.300 99.500 8.268
202109 7.490 100.100 8.433
202112 7.274 100.100 8.190
202203 7.395 101.100 8.243
202206 6.622 101.800 7.331
202209 6.374 103.100 6.968
202212 6.926 104.100 7.498
202303 7.045 104.400 7.605
202306 6.774 105.200 7.257
202309 6.674 106.200 7.082
202312 6.855 106.800 7.234
202403 6.798 107.200 7.147
202406 6.675 108.200 6.953
202409 7.510 108.900 7.772
202412 7.106 110.700 7.234
202503 7.501 111.100 7.609
202506 7.734 111.700 7.803
202509 7.794 112.000 7.843
202512 7.520 113.000 7.500
202603 7.568 112.700 7.568

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 $3.20 mean?
Shibusawa Logistics (SWRHF) has a Cyclically Adjusted Book per Share of $3.20 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 Shibusawa Logistics and its competitors.
Is Shibusawa Logistics' Cyclically Adjusted Book per Share too high?
Shibusawa Logistics' current Cyclically Adjusted Book per Share is $3.20. Overall, Shibusawa Logistics has a GF Score™ of 69/100, reflecting its overall financial health beyond just this single metric.
How does Shibusawa Logistics' Cyclically Adjusted Book per Share compare to UPS and FDX?
Shibusawa Logistics' Cyclically Adjusted Book per Share of $3.20 can be compared against companies in the Transportation 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 Transportation company?
A good Cyclically Adjusted Book per Share depends on the Transportation 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 Shibusawa Logistics and its competitors. Shibusawa Logistics's current Cyclically Adjusted Book per Share is $3.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shibusawa Logistics stock overvalued right now?
Shibusawa Logistics (SWRHF) has a current Cyclically Adjusted Book per Share of $3.20. The stock's GF Value™ is $1.90, compared to a current price of $4.57 — trading 140.3% above its estimated fair value. The current Cyclically Adjusted Book per Share is $3.20. Shibusawa Logistics' overall GF Score™ is 69/100 with 9 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 Shibusawa Logistics (SWRHF), the current Cyclically Adjusted Book per Share is $3.20 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 Shibusawa Logistics (SWRHF) Overvalued in 2026?

Based on GuruFocus' analysis, Shibusawa Logistics stock appears to be overvalued. The current stock price of $4.57 is trading 140.3% above its estimated GF Value™ of $1.90.

Key valuation signals for SWRHF:

  • Cyclically Adjusted Book per Share: $3.20
  • GF Value™: $1.90 vs. price of $4.57 (140.3% above fair value)
  • GF Score™: 69/100 with 9 warning signs

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


Shibusawa Logistics Business Description

Other Exchanges 9304:Japan
Address 2-37-28 Eidai, Koto-ku, Tokyo, JPN
Shibusawa Logistics Corp is engaged in Warehousing, land transportation, marine transportation, port transportation, handling of land, sea and air transportation, land, sea and air combined freight transportation and handling thereof, customs clearance, import/export and sales of various goods such as alcohol, food, daily necessities, furniture, cosmetics and supplements, manufacturing, packaging, labelling and storage of medicines, quasi-drugs, cosmetics and medical devices, e-commerce fulfillment, buying and selling, brokerage, management and rental of real estate, planning, development, sales and operation management of information systems, worker dispatching, and life support services not covered by nursing care insurance, etc.
69GF Score

Get the complete analysis for SWRHF

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

$4.57
Price
$1.90
GF Value