Sun Frontier Fudousan Co (TSE:8934) Cyclically Adjusted Book per Share: 円1,570.33 (As of Mar. 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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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:8934 Sun Frontier Fudousan Co Ltd TSE:8934
93 GF Score
Price 円2,501.00
GF Value 円2,541.28
Valuation Fairly Valued
! 3 Warning Signs
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What is Sun Frontier Fudousan Co Cyclically Adjusted Book per Share?

Sun Frontier Fudousan Co TSE:8934 -1.30% 93 Cyclically Adjusted Book per Share is 円1,570.33 as of Mar. 2026. GuruFocus rates TSE:8934 with a GF Score™ of 93/100 and a GF Value™ of 円2,541.28 (Fairly Valued). The stock has 3 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.

Sun Frontier Fudousan Co's adjusted book value per share for the three months ended in Mar. 2026 was 円2,317.171. 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1,570.33 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Sun Frontier Fudousan Co's average Cyclically Adjusted Book Growth Rate was 12.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 14.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 16.40% 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 Sun Frontier Fudousan Co was 19.60% per year. The lowest was 14.70% per year. And the median was 17.95% per year.

As of today (2026-07-17), Sun Frontier Fudousan Co's current stock price is 円2501.00. Sun Frontier Fudousan Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円1,570.33. Sun Frontier Fudousan Co's Cyclically Adjusted PB Ratio of today is 1.59.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Sun Frontier Fudousan Co was 3.61. The lowest was 1.07. And the median was 1.45.


Sun Frontier Fudousan Co  (TSE:8934) 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.

Sun Frontier Fudousan Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2501.00/1570.33
=1.59

* 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 Sun Frontier Fudousan Co was 3.61. The lowest was 1.07. And the median was 1.45.


Be Aware

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


Sun Frontier Fudousan Co Cyclically Adjusted Book per Share Related Terms


Sun Frontier Fudousan Co Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Sun Frontier Fudousan 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.

Sun Frontier Fudousan Co Cyclically Adjusted Book per Share Chart

Sun Frontier Fudousan Co 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 876.37 1,041.00 1,207.57 1,395.94 1,570.33

Sun Frontier Fudousan Co 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 1,395.94 1,441.72 1,485.22 1,536.77 1,570.33

TSE:8934 vs CBRE, BEKE, JLL: Cyclically Adjusted Book per Share Comparison

For the Real Estate Services subindustry, Sun Frontier Fudousan 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.


Sun Frontier Fudousan Co Cyclically Adjusted PB Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Sun Frontier Fudousan Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Sun Frontier Fudousan Co's Cyclically Adjusted PB Ratio falls into.


TSE:8934
93GF Score
Sun Frontier Fudousan Co Ltd TSE:8934
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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Sun Frontier Fudousan 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, Sun Frontier Fudousan Co'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)
=2317.171/112.7000*112.7000
=2,317.171

Current CPI (Mar. 2026) = 112.7000.

Sun Frontier Fudousan Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 738.543 98.100 848.459
201609 758.986 98.000 872.834
201612 783.694 98.400 897.584
201703 834.408 98.100 958.591
201706 833.632 98.500 953.810
201709 886.912 98.800 1,011.690
201712 947.200 99.400 1,073.938
201803 1,003.048 99.200 1,139.552
201806 1,031.229 99.200 1,171.568
201809 1,088.069 99.900 1,227.481
201812 1,129.887 99.700 1,277.214
201903 1,145.452 99.700 1,294.809
201906 1,245.199 99.800 1,406.152
201909 1,258.767 100.100 1,417.213
201912 1,290.733 100.500 1,447.419
202003 1,327.173 100.300 1,491.250
202006 1,306.906 99.900 1,474.357
202009 1,354.648 99.900 1,528.217
202012 1,365.901 99.300 1,550.222
202103 1,368.468 99.900 1,543.807
202106 1,427.052 99.500 1,616.369
202109 1,451.447 100.100 1,634.147
202112 1,465.410 100.100 1,649.867
202203 1,464.342 101.100 1,632.358
202206 1,540.340 101.800 1,705.268
202209 1,561.219 103.100 1,706.590
202212 1,645.684 104.100 1,781.639
202303 1,663.919 104.400 1,796.204
202306 1,699.708 105.200 1,820.885
202309 1,819.882 106.200 1,931.268
202312 1,826.293 106.800 1,927.184
202403 1,864.990 107.200 1,960.675
202406 1,878.975 108.200 1,957.121
202409 1,937.859 108.900 2,005.479
202412 1,961.736 110.700 1,997.178
202503 2,103.369 111.100 2,133.661
202506 2,145.081 111.700 2,164.285
202509 2,242.201 112.000 2,256.215
202512 2,239.590 113.000 2,233.644
202603 2,317.171 112.700 2,317.171

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1,570.33 mean?
Sun Frontier Fudousan Co (TSE:8934) has a Cyclically Adjusted Book per Share of 円1,570.33 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 Sun Frontier Fudousan Co and its competitors.
Is Sun Frontier Fudousan Co's Cyclically Adjusted Book per Share too high?
Sun Frontier Fudousan Co's current Cyclically Adjusted Book per Share is 円1,570.33. Overall, Sun Frontier Fudousan Co has a GF Score™ of 93/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Sun Frontier Fudousan Co's Cyclically Adjusted Book per Share compare to CBRE and BEKE?
Sun Frontier Fudousan Co's Cyclically Adjusted Book per Share of 円1,570.33 can be compared against companies in the Real Estate 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 Real Estate company?
A good Cyclically Adjusted Book per Share depends on the Real Estate 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 Sun Frontier Fudousan Co and its competitors. Sun Frontier Fudousan Co's current Cyclically Adjusted Book per Share is 円1,570.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sun Frontier Fudousan Co stock overvalued right now?
Based on GuruFocus' analysis, Sun Frontier Fudousan Co (TSE:8934) is currently considered Fairly Valued. The stock's GF Value™ is 円2,541.28, compared to a current price of 円2,501.00 — trading 1.6% below its estimated fair value. The current Cyclically Adjusted Book per Share is 円1,570.33. Sun Frontier Fudousan Co's overall GF Score™ is 93/100 with 3 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 Sun Frontier Fudousan Co (TSE:8934), the current Cyclically Adjusted Book per Share is 円1,570.33 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 Sun Frontier Fudousan Co (TSE:8934) Overvalued in 2026?

Based on GuruFocus' analysis, Sun Frontier Fudousan Co stock appears to be undervalued. The current stock price of 円2,501.00 is trading 1.6% below its estimated GF Value™ of 円2,541.28. GuruFocus considers Sun Frontier Fudousan Co to be Fairly Valued.

Key valuation signals for TSE:8934:

  • Cyclically Adjusted Book per Share: 円1,570.33
  • GF Value™: 円2,541.28 vs. price of 円2,501.00 (1.6% below fair value)
  • GF Score™: 93/100 with 3 warning signs

No single metric tells the full story. See the TSE:8934 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sun Frontier Fudousan Co Business Description

Address 2-2, Yurakucho 1-chom, Tokyo, JPN
Sun Frontier Fudousan Co Ltd is a Japan-based real estate services company. The company revitalizes and distributes real estate properties. Its activities include replanning, property management, commercial real estate brokerage, leasing management and construction and renovation. In the real estate revitalization business, it reduces vacancy rates by revitalizing commercial buildings using capitalization method. In the real estate business, it manages commercial property in central Tokyo, under which its main business are replanning, sales brokerage, rental brokerage, building management, construction planning, delinquent rent guarantee and asset consultancy.
93GF Score

Get the complete analysis for TSE:8934

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

円2,501.00
Price
円2,541.28
GF Value