Fund Creation Group Co (TSE:3266) Cyclically Adjusted Book per Share: 円74.09 (As of May. 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.

TSE:3266 Fund Creation Group Co Ltd TSE:3266
67 GF Score
Price 円79.00
GF Value 円118.94
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is Fund Creation Group Co Cyclically Adjusted Book per Share?

Fund Creation Group Co TSE:3266 -1.25% 67 Cyclically Adjusted Book per Share is 円74.09 as of May. 2026. GuruFocus rates TSE:3266 with a GF Score™ of 67/100 and a GF Value™ of 円118.94 (Possible Value Trap). The stock has 4 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.

Fund Creation Group Co's adjusted book value per share for the three months ended in May. 2026 was 円85.326. 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74.09 for the trailing ten years ended in May. 2026.

During the past 12 months, Fund Creation Group 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 7.20% 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 Fund Creation Group Co was 8.40% per year. The lowest was 6.70% per year. And the median was 7.70% per year.

As of today (2026-08-26), Fund Creation Group Co's current stock price is 円79.00. Fund Creation Group Co's Cyclically Adjusted Book per Share for the quarter that ended in May. 2026 was 円74.09. Fund Creation Group Co's Cyclically Adjusted PB Ratio of today is 1.07.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Fund Creation Group Co was 2.78. The lowest was 1.05. And the median was 1.42.


Fund Creation Group Co  (TSE:3266) 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.

Fund Creation Group Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=79.00/74.09
=1.07

* 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 Fund Creation Group Co was 2.78. The lowest was 1.05. And the median was 1.42.


Be Aware

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


Fund Creation Group Co Cyclically Adjusted Book per Share Related Terms


Fund Creation Group Co Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Fund Creation Group 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.

Fund Creation Group Co Cyclically Adjusted Book per Share Chart

Fund Creation Group Co Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 53.87 59.00 64.23 68.64 72.71

Fund Creation Group 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 70.54 71.43 72.71 72.65 74.09

TSE:3266 vs BLK, BX, KKR: Cyclically Adjusted Book per Share Comparison

For the Asset Management subindustry, Fund Creation Group 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.


Fund Creation Group Co Cyclically Adjusted PB Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Fund Creation Group Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Fund Creation Group Co's Cyclically Adjusted PB Ratio falls into.


TSE:3266
67GF Score
Fund Creation Group Co Ltd TSE:3266
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fund Creation Group 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, Fund Creation Group Co's adjusted Book Value per Share data for the three months ended in May. 2026 was:

Adj_Book= Book Value per Share /CPI of May. 2026 (Change)*Current CPI (May. 2026)
=85.326/113.5000*113.5000
=85.326

Current CPI (May. 2026) = 113.5000.

Fund Creation Group Co Quarterly Data

Book Value per Share CPI Adj_Book
201602 54.074 97.800 62.755
201605 63.555 98.200 73.457
201608 61.385 97.900 71.166
201611 60.608 98.600 69.767
201702 57.850 98.100 66.931
201705 67.331 98.600 77.506
201708 65.733 98.500 75.743
201711 64.089 99.100 73.402
201802 62.513 99.500 71.309
201805 66.225 99.300 75.695
201808 64.060 99.800 72.854
201811 61.844 100.000 70.193
201902 58.908 99.700 67.062
201905 58.535 100.000 66.437
201908 57.494 100.000 65.256
201911 65.341 100.500 73.793
202002 62.354 100.300 70.560
202005 62.490 100.100 70.855
202008 60.470 100.100 68.565
202011 62.782 99.500 71.616
202102 60.922 99.800 69.285
202105 60.204 99.400 68.744
202108 60.603 99.700 68.991
202111 66.318 100.100 75.196
202202 66.132 100.700 74.538
202205 64.744 101.800 72.185
202208 63.230 102.700 69.879
202211 70.639 103.900 77.166
202302 69.976 104.000 76.368
202305 70.048 105.100 75.647
202308 73.924 105.900 79.229
202311 75.479 106.900 80.139
202402 73.168 106.900 77.685
202405 76.063 108.100 79.863
202411 81.056 110.000 83.635
202505 78.081 111.800 79.268
202508 79.409 112.100 80.401
202511 87.798 113.200 88.031
202602 86.150 112.200 87.148
202605 85.326 113.500 85.326

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74.09 mean?
Fund Creation Group Co (TSE:3266) has a Cyclically Adjusted Book per Share of 円74.09 as of May. 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 Fund Creation Group Co and its competitors.
Is Fund Creation Group Co's Cyclically Adjusted Book per Share too high?
Fund Creation Group Co's current Cyclically Adjusted Book per Share is 円74.09. Overall, Fund Creation Group Co has a GF Score™ of 67/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Fund Creation Group Co's Cyclically Adjusted Book per Share compare to BLK and BX?
Fund Creation Group Co's Cyclically Adjusted Book per Share of 円74.09 can be compared against companies in the Asset Management 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 an Asset Management company?
A good Cyclically Adjusted Book per Share depends on the Asset Management 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 Fund Creation Group Co and its competitors. Fund Creation Group Co's current Cyclically Adjusted Book per Share is 円74.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fund Creation Group Co stock overvalued right now?
Based on GuruFocus' analysis, Fund Creation Group Co (TSE:3266) is currently considered Possible Value Trap. The stock's GF Value™ is 円118.94, compared to a current price of 円79.00 — trading 33.6% below its estimated fair value. The current Cyclically Adjusted Book per Share is 円74.09. Fund Creation Group Co's overall GF Score™ is 67/100 with 4 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 Fund Creation Group Co (TSE:3266), the current Cyclically Adjusted Book per Share is 円74.09 as of May. 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 Fund Creation Group Co (TSE:3266) Overvalued in 2026?

Based on GuruFocus' analysis, Fund Creation Group Co stock appears to be undervalued. The current stock price of 円79.00 is trading 33.6% below its estimated GF Value™ of 円118.94. GuruFocus considers Fund Creation Group Co to be Possible Value Trap.

Key valuation signals for TSE:3266:

  • Cyclically Adjusted Book per Share: 円74.09
  • GF Value™: 円118.94 vs. price of 円79.00 (33.6% below fair value)
  • GF Score™: 67/100 with 4 warning signs

No single metric tells the full story. See the TSE:3266 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fund Creation Group Co Business Description

Address 1-4 Kojimachi, Hanzomon First Building 5th Floor, Chiyoda-ku, Tokyo, JPN, 102-0083
Fund Creation Group Co Ltd operates a variety of businesses, with asset management business and investment bank business as its core businesses. It aims for the organic development of each business by making full use of its high expertise.
67GF Score

Get the complete analysis for TSE:3266

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

円79.00
Price
円118.94
GF Value