Shinwa Wise Holdings Co (TSE:2437) Cyclically Adjusted Book per Share: 円310.26 (As of Feb. 2026)

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TSE:2437 Shinwa Wise Holdings Co Ltd TSE:2437
35 GF Score
Price 円592.00
GF Value 円238.81
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Shinwa Wise Holdings Co Cyclically Adjusted Book per Share?

Shinwa Wise Holdings Co TSE:2437 -0.67% 35 Cyclically Adjusted Book per Share is 円310.26 as of Feb. 2026. GuruFocus rates TSE:2437 with a GF Score™ of 35/100 and a GF Value™ of 円238.81 (Significantly Overvalued). 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.

Shinwa Wise Holdings Co's adjusted book value per share for the three months ended in Feb. 2026 was 円185.001. 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310.26 for the trailing ten years ended in Feb. 2026.

During the past 12 months, Shinwa Wise Holdings Co'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 Shinwa Wise Holdings Co was 4.40% per year. The lowest was -0.10% per year. And the median was 2.90% per year.

As of today (2026-07-23), Shinwa Wise Holdings Co's current stock price is 円592.00. Shinwa Wise Holdings Co's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2026 was 円310.26. Shinwa Wise Holdings Co's Cyclically Adjusted PB Ratio of today is 1.91.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Shinwa Wise Holdings Co was 4.89. The lowest was 0.77. And the median was 1.49.


Shinwa Wise Holdings Co  (TSE:2437) 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.

Shinwa Wise Holdings Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=592.00/310.26
=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 Shinwa Wise Holdings Co was 4.89. The lowest was 0.77. And the median was 1.49.


Be Aware

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


Shinwa Wise Holdings Co Cyclically Adjusted Book per Share Related Terms


Shinwa Wise Holdings Co Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Shinwa Wise Holdings 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.

Shinwa Wise Holdings Co Cyclically Adjusted Book per Share Chart

Shinwa Wise Holdings Co Annual Data
Trend May17 May18 May19 May20 May21 May22 May23 May24 May25 May26
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 283.29 301.08 312.40 318.69 0.00

Shinwa Wise Holdings Co Quarterly Data
Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Nov24 May25 Aug25 Nov25 Feb26 May26
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 318.69 316.69 316.27 310.26 0.00

TSE:2437 vs ROL, SCI, FTDR: Cyclically Adjusted Book per Share Comparison

For the Personal Services subindustry, Shinwa Wise Holdings 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.


Shinwa Wise Holdings Co Cyclically Adjusted PB Ratio vs Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, Shinwa Wise Holdings Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TSE:2437
35GF Score
Shinwa Wise Holdings Co Ltd TSE:2437
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shinwa Wise Holdings 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, Shinwa Wise Holdings Co's adjusted Book Value per Share data for the three months ended in Feb. 2026 was:

Adj_Book= Book Value per Share /CPI of Feb. 2026 (Change)*Current CPI (Feb. 2026)
=185.001/112.2000*112.2000
=185.001

Current CPI (Feb. 2026) = 112.2000.

Shinwa Wise Holdings Co Quarterly Data

Book Value per Share CPI Adj_Book
201511 296.466 98.100 339.077
201602 285.590 97.800 327.640
201605 308.841 98.200 352.871
201608 300.118 97.900 343.955
201611 297.323 98.600 338.333
201702 287.177 98.100 328.453
201705 331.159 98.600 376.836
201708 316.743 98.500 360.798
201711 323.058 99.100 365.763
201802 299.645 99.500 337.891
201805 294.185 99.300 332.402
201808 286.533 99.800 322.134
201811 293.982 100.000 329.848
201902 282.178 99.700 317.556
201905 287.830 100.000 322.945
201908 279.724 100.000 313.850
201911 284.426 100.500 317.538
202002 277.968 100.300 310.947
202005 247.696 100.100 277.637
202008 234.529 100.100 262.879
202011 235.719 99.500 265.806
202102 226.546 99.800 254.694
202105 250.636 99.400 282.911
202108 264.131 99.700 297.247
202111 303.849 100.100 340.578
202202 292.605 100.700 326.021
202205 313.256 101.800 345.259
202208 316.812 102.700 346.118
202211 332.285 103.900 358.829
202302 333.517 104.000 359.814
202305 320.934 105.100 342.615
202308 336.348 105.900 356.357
202311 350.666 106.900 368.052
202402 315.739 106.900 331.393
202405 224.027 108.100 232.524
202411 239.705 110.000 244.499
202505 213.091 111.800 213.853
202508 192.855 112.100 193.027
202511 188.176 113.200 186.514
202602 185.001 112.200 185.001

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310.26 mean?
Shinwa Wise Holdings Co (TSE:2437) has a Cyclically Adjusted Book per Share of 円310.26 as of Feb. 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 Shinwa Wise Holdings Co and its competitors.
Is Shinwa Wise Holdings Co's Cyclically Adjusted Book per Share too high?
Shinwa Wise Holdings Co's current Cyclically Adjusted Book per Share is 円310.26. Overall, Shinwa Wise Holdings Co has a GF Score™ of 35/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shinwa Wise Holdings Co's Cyclically Adjusted Book per Share compare to ROL and SCI?
Shinwa Wise Holdings Co's Cyclically Adjusted Book per Share of 円310.26 can be compared against companies in the Personal 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 Personal Services company?
A good Cyclically Adjusted Book per Share depends on the Personal 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 Shinwa Wise Holdings Co and its competitors. Shinwa Wise Holdings Co's current Cyclically Adjusted Book per Share is 円310.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shinwa Wise Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Shinwa Wise Holdings Co (TSE:2437) is currently considered Significantly Overvalued. The stock's GF Value™ is 円238.81, compared to a current price of 円592.00 — trading 147.9% above its estimated fair value. The current Cyclically Adjusted Book per Share is 円310.26. Shinwa Wise Holdings Co's overall GF Score™ is 35/100 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 Shinwa Wise Holdings Co (TSE:2437), the current Cyclically Adjusted Book per Share is 円310.26 as of Feb. 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 Shinwa Wise Holdings Co (TSE:2437) Overvalued in 2026?

Based on GuruFocus' analysis, Shinwa Wise Holdings Co stock appears to be overvalued. The current stock price of 円592.00 is trading 147.9% above its estimated GF Value™ of 円238.81. GuruFocus considers Shinwa Wise Holdings Co to be Significantly Overvalued.

Key valuation signals for TSE:2437:

  • Cyclically Adjusted Book per Share: 円310.26
  • GF Value™: 円238.81 vs. price of 円592.00 (147.9% above fair value)
  • GF Score™: 35/100 with 2 warning signs

No single metric tells the full story. See the TSE:2437 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shinwa Wise Holdings Co Business Description

Address 2-3-2 Marunouchi, 2nd Floor, Yusen Building, Chiyoda-ku, Tokyo, JPN, 100-0005
Shinwa Wise Holdings Co Ltd is engaged in arranging & operating auctions and buying and selling antiques, consignment selling, export-import activities. Its auctions include the modern art auction, modern ceramics, auction, modern art PartII auction, other auctions such as post-war and contemporary art, wine, European decorative art. Its segments include: Art-related business; and Other businesses.
35GF Score

Get the complete analysis for TSE:2437

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

円592.00
Price
円238.81
GF Value