Maruzen CHI Holdings Co (TSE:3159) Cyclically Adjusted Book per Share: 円488.26 (As of Jan. 2026)

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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.
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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.

TSE:3159 Maruzen CHI Holdings Co Ltd TSE:3159
64 GF Score
Price 円362.00
GF Value 円380.09
Valuation Fairly Valued
! 1 Warning Sign
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What is Maruzen CHI Holdings Co Cyclically Adjusted Book per Share?

Maruzen CHI Holdings Co TSE:3159 -0.55% 64 Cyclically Adjusted Book per Share is 円488.26 as of Jan. 2026. GuruFocus rates TSE:3159 with a GF Score™ of 64/100 and a GF Value™ of 円380.09 (Fairly Valued). The stock has 1 warning sign 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.

Maruzen CHI Holdings Co's adjusted book value per share for the three months ended in Jan. 2026 was 円588.136. 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488.26 for the trailing ten years ended in Jan. 2026.

During the past 12 months, Maruzen CHI Holdings Co's average Cyclically Adjusted Book Growth Rate was 5.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 5.90% 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 Maruzen CHI Holdings Co was 6.70% per year. The lowest was 3.40% per year. And the median was 5.65% per year.

As of today (2026-07-14), Maruzen CHI Holdings Co's current stock price is 円362.00. Maruzen CHI Holdings Co's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2026 was 円488.26. Maruzen CHI Holdings Co's Cyclically Adjusted PB Ratio of today is 0.74.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Maruzen CHI Holdings Co was 1.05. The lowest was 0.66. And the median was 0.77.


Maruzen CHI Holdings Co  (TSE:3159) 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.

Maruzen CHI Holdings Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=362.00/488.26
=0.74

* 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 Maruzen CHI Holdings Co was 1.05. The lowest was 0.66. And the median was 0.77.


Be Aware

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


Maruzen CHI Holdings Co Cyclically Adjusted Book per Share Related Terms


Maruzen CHI Holdings Co Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Maruzen CHI 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.

Maruzen CHI Holdings Co Cyclically Adjusted Book per Share Chart

Maruzen CHI Holdings Co Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 391.48 420.07 440.85 469.13 488.26

Maruzen CHI Holdings Co Quarterly Data
Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Jan25 Apr25 Jul25 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 469.13 474.45 479.84 488.26 0.00

TSE:3159 vs CASY, WSM, DKS: Cyclically Adjusted Book per Share Comparison

For the Specialty Retail subindustry, Maruzen CHI 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.


Maruzen CHI Holdings Co Cyclically Adjusted PB Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Maruzen CHI Holdings Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TSE:3159
64GF Score
Maruzen CHI Holdings Co Ltd TSE:3159
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Maruzen CHI 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, Maruzen CHI Holdings Co'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)
=588.136/112.9000*112.9000
=588.136

Current CPI (Jan. 2026) = 112.9000.

Maruzen CHI Holdings Co Quarterly Data

Book Value per Share CPI Adj_Book
201510 366.447 98.500 420.019
201601 367.239 97.700 424.373
201604 385.294 98.100 443.422
201607 383.587 97.900 442.359
201610 374.824 98.600 429.185
201701 369.714 98.200 425.058
201704 390.016 98.500 447.034
201707 383.717 98.300 440.709
201710 381.426 98.800 435.860
201801 367.222 99.500 416.677
201804 392.203 99.100 446.819
201807 385.115 99.200 438.301
201810 384.812 100.200 433.586
201901 390.604 99.700 442.319
201904 411.793 100.000 464.914
201907 413.900 99.800 468.230
201910 416.687 100.400 468.565
202001 416.951 100.500 468.396
202004 416.098 100.200 468.837
202007 412.856 100.000 466.114
202010 426.665 99.800 482.670
202101 435.579 99.800 492.754
202104 456.822 99.100 520.436
202107 453.883 99.700 513.976
202110 455.688 99.900 514.987
202201 461.247 100.300 519.190
202204 474.256 101.500 527.522
202207 469.426 102.300 518.066
202210 473.597 103.700 515.613
202301 485.132 104.700 523.127
202304 499.870 105.100 536.968
202307 495.213 105.700 528.946
202310 493.182 107.100 519.890
202401 508.115 106.900 536.634
202404 528.273 107.700 553.779
202407 521.282 108.600 541.922
202501 551.170 111.200 559.596
202504 564.018 111.500 571.100
202507 569.280 111.900 574.367
202601 588.136 112.900 588.136

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488.26 mean?
Maruzen CHI Holdings Co (TSE:3159) has a Cyclically Adjusted Book per Share of 円488.26 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 Maruzen CHI Holdings Co and its competitors.
Is Maruzen CHI Holdings Co's Cyclically Adjusted Book per Share too high?
Maruzen CHI Holdings Co's current Cyclically Adjusted Book per Share is 円488.26. Overall, Maruzen CHI Holdings Co has a GF Score™ of 64/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Maruzen CHI Holdings Co's Cyclically Adjusted Book per Share compare to CASY and WSM?
Maruzen CHI Holdings Co's Cyclically Adjusted Book per Share of 円488.26 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 Maruzen CHI Holdings Co and its competitors. Maruzen CHI Holdings Co's current Cyclically Adjusted Book per Share is 円488.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maruzen CHI Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Maruzen CHI Holdings Co (TSE:3159) is currently considered Fairly Valued. The stock's GF Value™ is 円380.09, compared to a current price of 円362.00 — trading 4.8% below its estimated fair value. The current Cyclically Adjusted Book per Share is 円488.26. Maruzen CHI Holdings Co's overall GF Score™ is 64/100 with 1 warning sign 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 Maruzen CHI Holdings Co (TSE:3159), the current Cyclically Adjusted Book per Share is 円488.26 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 Maruzen CHI Holdings Co (TSE:3159) Overvalued in 2026?

Based on GuruFocus' analysis, Maruzen CHI Holdings Co stock appears to be undervalued. The current stock price of 円362.00 is trading 4.8% below its estimated GF Value™ of 円380.09. GuruFocus considers Maruzen CHI Holdings Co to be Fairly Valued.

Key valuation signals for TSE:3159:

  • Cyclically Adjusted Book per Share: 円488.26
  • GF Value™: 円380.09 vs. price of 円362.00 (4.8% below fair value)
  • GF Score™: 64/100 with 1 warning sign

No single metric tells the full story. See the TSE:3159 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Maruzen CHI Holdings Co Business Description

Address 40-1 Nadocho, Shinjuku-ku, Tokyo, JPN, 162-0837
Maruzen CHI Holdings Co Ltd is engaged in the sale of books and magazines and academic information. The company also undertakes library management consignment work and administrative agency of educational facilities such as libraries, design and supervision of construction work, the publishing business of books, and magazine.
64GF Score

Get the complete analysis for TSE:3159

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

円362.00
Price
円380.09
GF Value