Willplus Holdings (TSE:3538) Cyclically Adjusted Book per Share: 円850.47 (As of Mar. 2026)

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TSE:3538 Willplus Holdings Corp TSE:3538
73 GF Score
Price 円1,030.00
GF Value 円1,589.77
Valuation Significantly Undervalued
! 4 Warning Signs
View Full Analysis

What is Willplus Holdings Cyclically Adjusted Book per Share?

Willplus Holdings TSE:3538 +0.59% 73 Cyclically Adjusted Book per Share is 円850.47 as of Mar. 2026. GuruFocus rates TSE:3538 with a GF Score™ of 73/100 and a GF Value™ of 円1,589.77 (Significantly Undervalued). 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.

Willplus Holdings's adjusted book value per share for the three months ended in Mar. 2026 was 円1,257.575. 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850.47 for the trailing ten years ended in Mar. 2026.

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.

As of today (2026-09-02), Willplus Holdings's current stock price is 円1030.00. Willplus Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円850.47. Willplus Holdings's Cyclically Adjusted PB Ratio of today is 1.21.

During the past 12 years, the highest Cyclically Adjusted PB Ratio of Willplus Holdings was 1.30. The lowest was 1.06. And the median was 1.24.


Willplus Holdings  (TSE:3538) 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.

Willplus Holdings's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1030.00/850.47
=1.21

* 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 12 years, the highest Cyclically Adjusted PB Ratio of Willplus Holdings was 1.30. The lowest was 1.06. And the median was 1.24.


Be Aware

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


Willplus Holdings Cyclically Adjusted Book per Share Related Terms


Willplus Holdings Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Willplus 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.

Willplus Holdings Cyclically Adjusted Book per Share Chart

Willplus Holdings Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25 Jun26
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Willplus Holdings Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.00 800.05 831.76 850.47 0.00

TSE:3538 vs CVNA, PAG, ALTB: Cyclically Adjusted Book per Share Comparison

For the Auto & Truck Dealerships subindustry, Willplus 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.


Willplus Holdings Cyclically Adjusted PB Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Willplus Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TSE:3538
73GF Score
Willplus Holdings Corp TSE:3538
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Willplus 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, Willplus 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)
=1257.575/112.7000*112.7000
=1,257.575

Current CPI (Mar. 2026) = 112.7000.

Willplus Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201606 381.923 98.100 438.764
201609 390.653 98.000 449.251
201612 413.265 98.400 473.323
201703 429.197 98.100 493.073
201706 449.383 98.500 514.167
201709 459.265 98.800 523.878
201712 483.459 99.400 548.147
201803 490.080 99.200 556.774
201806 516.255 99.200 586.511
201809 526.673 99.900 594.155
201812 543.970 99.700 614.899
201903 554.838 99.700 627.184
201906 580.457 99.800 655.486
201909 604.512 100.100 680.604
201912 623.297 100.500 698.961
202003 629.017 100.300 706.782
202006 645.210 99.900 727.880
202009 668.470 99.900 754.120
202012 720.524 99.300 817.755
202103 752.110 99.900 848.476
202106 791.483 99.500 896.484
202109 809.951 100.100 911.903
202112 861.846 100.100 970.330
202203 895.521 101.100 998.271
202206 923.025 101.800 1,021.856
202209 925.875 103.100 1,012.086
202212 960.543 104.100 1,039.896
202303 977.968 104.400 1,055.718
202306 1,005.500 105.200 1,077.185
202309 970.932 106.200 1,030.358
202312 1,022.619 106.800 1,079.112
202403 1,030.324 107.200 1,083.186
202406 1,080.511 108.200 1,125.449
202409 1,110.830 108.900 1,149.592
202412 1,128.246 110.700 1,148.630
202503 1,159.499 111.100 1,176.197
202506 1,192.321 111.700 1,202.995
202509 1,203.731 112.000 1,211.254
202512 1,263.888 113.000 1,260.533
202603 1,257.575 112.700 1,257.575

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850.47 mean?
Willplus Holdings (TSE:3538) has a Cyclically Adjusted Book per Share of 円850.47 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 Willplus Holdings and its competitors.
Is Willplus Holdings' Cyclically Adjusted Book per Share too high?
Willplus Holdings' current Cyclically Adjusted Book per Share is 円850.47. Overall, Willplus Holdings has a GF Score™ of 73/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Willplus Holdings' Cyclically Adjusted Book per Share compare to CVNA and PAG?
Willplus Holdings' Cyclically Adjusted Book per Share of 円850.47 can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Cyclically Adjusted Book per Share depends on the Vehicles & Parts 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 Willplus Holdings and its competitors. Willplus Holdings's current Cyclically Adjusted Book per Share is 円850.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Willplus Holdings stock overvalued right now?
Based on GuruFocus' analysis, Willplus Holdings (TSE:3538) is currently considered Significantly Undervalued. The stock's GF Value™ is 円1,589.77, compared to a current price of 円1,030.00 — trading 35.2% below its estimated fair value. The current Cyclically Adjusted Book per Share is 円850.47. Willplus Holdings' overall GF Score™ is 73/100 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 Willplus Holdings (TSE:3538), the current Cyclically Adjusted Book per Share is 円850.47 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 Willplus Holdings (TSE:3538) Overvalued in 2026?

Based on GuruFocus' analysis, Willplus Holdings stock appears to be undervalued. The current stock price of 円1,030.00 is trading 35.2% below its estimated GF Value™ of 円1,589.77. GuruFocus considers Willplus Holdings to be Significantly Undervalued.

Key valuation signals for TSE:3538:

  • Cyclically Adjusted Book per Share: 円850.47
  • GF Value™: 円1,589.77 vs. price of 円1,030.00 (35.2% below fair value)
  • GF Score™: 73/100 with 4 warning signs

No single metric tells the full story. See the TSE:3538 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Willplus Holdings Business Description

Address Shiba 5-chome Shiba 5-chome, Minato-ku, Shiba Mita Mori Building, 8th Floor, Tokyo, JPN
Willplus Holdings Corp is a Japanese firm. It is a retailer of the imported car. The Company sells cars of brands including Jaguar, Fiat, Chrysler, Jeep, BMW, Porsche, and Volvo.
73GF Score

Get the complete analysis for TSE:3538

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

円1,030.00
Price
円1,589.77
GF Value