Mie Kotsu Group Holdings (TSE:3232) Cyclically Adjusted Book per Share: 円558.63 (As of Mar. 2026)


TSE:3232 Mie Kotsu Group Holdings Inc TSE:3232
77 GF Score
Price 円548.00
GF Value 円591.89
Valuation Fairly Valued
! 2 Warning Signs
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What is Mie Kotsu Group Holdings Cyclically Adjusted Book per Share?

Mie Kotsu Group Holdings TSE:3232 +0.74% 77 Cyclically Adjusted Book per Share is 円558.63 as of Mar. 2026. GuruFocus rates TSE:3232 with a GF Score™ of 77/100 and a GF Value™ of 円591.89 (Fairly Valued). 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.

Mie Kotsu Group Holdings's adjusted book value per share for the three months ended in Mar. 2026 was 円697.778. 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558.63 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Mie Kotsu Group Holdings's average Cyclically Adjusted Book Growth Rate was 6.40% 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 7.80% 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 Mie Kotsu Group Holdings was 8.30% per year. The lowest was 7.40% per year. And the median was 7.70% per year.

As of today (2026-07-06), Mie Kotsu Group Holdings's current stock price is 円548.00. Mie Kotsu Group Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円558.63. Mie Kotsu Group Holdings's Cyclically Adjusted PB Ratio of today is 0.98.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Mie Kotsu Group Holdings was 1.92. The lowest was 0.90. And the median was 1.25.


Mie Kotsu Group Holdings  (TSE:3232) 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.

Mie Kotsu Group Holdings's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=548.00/558.63
=0.98

* 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 Mie Kotsu Group Holdings was 1.92. The lowest was 0.90. And the median was 1.25.


Be Aware

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


Mie Kotsu Group Holdings Cyclically Adjusted Book per Share Related Terms


Mie Kotsu Group Holdings Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Mie Kotsu Group 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.

Mie Kotsu Group Holdings Cyclically Adjusted Book per Share Chart

Mie Kotsu Group Holdings 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 413.18 449.31 484.70 525.20 558.63

Mie Kotsu Group Holdings 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 525.20 534.03 541.93 553.15 558.63

TSE:3232 vs HON, MMM: Cyclically Adjusted Book per Share Comparison

For the Conglomerates subindustry, Mie Kotsu Group 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.


Mie Kotsu Group Holdings Cyclically Adjusted PB Ratio vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Mie Kotsu Group Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TSE:3232
77GF Score
Mie Kotsu Group Holdings Inc TSE:3232
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mie Kotsu Group 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, Mie Kotsu Group Holdings'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)
=697.778/112.7000*112.7000
=697.778

Current CPI (Mar. 2026) = 112.7000.

Mie Kotsu Group Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201606 392.111 98.100 450.468
201609 398.376 98.000 458.132
201612 418.965 98.400 479.851
201703 398.506 98.100 457.815
201706 407.877 98.500 466.678
201709 414.927 98.800 473.302
201712 434.658 99.400 492.816
201803 444.184 99.200 504.632
201806 448.856 99.200 509.940
201809 464.709 99.900 524.251
201812 473.834 99.700 535.618
201903 490.256 99.700 554.181
201906 494.633 99.800 558.569
201909 513.908 100.100 578.596
201912 523.421 100.500 586.961
202003 505.834 100.300 568.370
202006 490.364 99.900 553.193
202009 486.497 99.900 548.831
202012 502.604 99.300 570.428
202103 477.135 99.900 538.269
202106 469.874 99.500 532.209
202109 472.011 100.100 531.425
202112 472.363 100.100 531.821
202203 482.585 101.100 537.956
202206 496.079 101.800 549.196
202209 509.793 103.100 557.262
202212 522.908 104.100 566.107
202303 525.514 104.400 567.293
202306 545.245 105.200 584.117
202309 557.158 106.200 591.259
202312 575.528 106.800 607.322
202403 589.806 107.200 620.067
202406 0.000 108.200 0.000
202409 613.494 108.900 634.902
202412 627.811 110.700 639.154
202503 626.730 111.100 635.756
202506 633.017 111.700 638.684
202509 664.435 112.000 668.588
202512 686.731 113.000 684.908
202603 697.778 112.700 697.778

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558.63 mean?
Mie Kotsu Group Holdings (TSE:3232) has a Cyclically Adjusted Book per Share of 円558.63 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 Mie Kotsu Group Holdings and its competitors.
Is Mie Kotsu Group Holdings' Cyclically Adjusted Book per Share too high?
Mie Kotsu Group Holdings' current Cyclically Adjusted Book per Share is 円558.63. Overall, Mie Kotsu Group Holdings has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mie Kotsu Group Holdings' Cyclically Adjusted Book per Share compare to HON and MMM?
Mie Kotsu Group Holdings' Cyclically Adjusted Book per Share of 円558.63 can be compared against companies in the Conglomerates 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 Conglomerates company?
A good Cyclically Adjusted Book per Share depends on the Conglomerates 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 Mie Kotsu Group Holdings and its competitors. Mie Kotsu Group Holdings's current Cyclically Adjusted Book per Share is 円558.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mie Kotsu Group Holdings stock overvalued right now?
Based on GuruFocus' analysis, Mie Kotsu Group Holdings (TSE:3232) is currently considered Fairly Valued. The stock's GF Value™ is 円591.89, compared to a current price of 円548.00 — trading 7.4% below its estimated fair value. The current Cyclically Adjusted Book per Share is 円558.63. Mie Kotsu Group Holdings' overall GF Score™ is 77/100 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 Mie Kotsu Group Holdings (TSE:3232), the current Cyclically Adjusted Book per Share is 円558.63 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 Mie Kotsu Group Holdings (TSE:3232) Overvalued in 2026?

Based on GuruFocus' analysis, Mie Kotsu Group Holdings stock appears to be undervalued. The current stock price of 円548.00 is trading 7.4% below its estimated GF Value™ of 円591.89. GuruFocus considers Mie Kotsu Group Holdings to be Fairly Valued.

Key valuation signals for TSE:3232:

  • Cyclically Adjusted Book per Share: 円558.63
  • GF Value™: 円591.89 vs. price of 円548.00 (7.4% below fair value)
  • GF Score™: 77/100 with 2 warning signs

No single metric tells the full story. See the TSE:3232 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mie Kotsu Group Holdings Business Description

Address No. 1, No. 1 Tsu City, Mie, JPN
Mie Kotsu Group Holdings Inc is a Japan-based company mainly engaged in the provision of transportation services. The company operates through four businesses namely real estate, transportation, distribution and leisure services. Its real estate business is involved in the trading and leasing of real estates. The transportation business offers bus, taxi, railway transportation, and automobile maintenance services. Its distribution business consists of delivering goods and services. The leisure services market operates hotels and golf courses as well as tourism consulting services.
77GF Score

Get the complete analysis for TSE:3232

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

円548.00
Price
円591.89
GF Value