Seibu Holdings (TSE:9024) Cyclically Adjusted Book per Share: 円1,422.72 (As of Mar. 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:9024 Seibu Holdings Inc TSE:9024
60 GF Score
Price 円3,713.00
GF Value 円2,928.65
Valuation Modestly Overvalued
! 6 Warning Signs
View Full Analysis

What is Seibu Holdings Cyclically Adjusted Book per Share?

Seibu Holdings TSE:9024 +1.31% 60 Cyclically Adjusted Book per Share is 円1,422.72 as of Mar. 2026. GuruFocus rates TSE:9024 with a GF Score™ of 60/100 and a GF Value™ of 円2,928.65 (Modestly Overvalued). The stock has 6 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.

Seibu Holdings's adjusted book value per share for the three months ended in Mar. 2026 was 円2,238.321. 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1,422.72 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Seibu Holdings's average Cyclically Adjusted Book Growth Rate was 8.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 8.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 6.60% 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 Seibu Holdings was 8.00% per year. The lowest was 5.30% per year. And the median was 6.80% per year.

As of today (2026-07-29), Seibu Holdings's current stock price is 円3713.00. Seibu Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円1,422.72. Seibu Holdings's Cyclically Adjusted PB Ratio of today is 2.61.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Seibu Holdings was 4.18. The lowest was 0.94. And the median was 1.35.


Seibu Holdings  (TSE:9024) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=3713.00/1422.72
=2.61

* 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 Seibu Holdings was 4.18. The lowest was 0.94. And the median was 1.35.


Be Aware

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


Seibu Holdings Cyclically Adjusted Book per Share Related Terms


Seibu Holdings Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Seibu 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.

Seibu Holdings Cyclically Adjusted Book per Share Chart

Seibu 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 1,080.46 1,129.36 1,210.77 1,314.49 1,422.72

Seibu 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 1,314.49 1,343.55 1,368.28 1,402.85 1,422.72

TSE:9024 vs MMM, HON: Cyclically Adjusted Book per Share Comparison

For the Conglomerates subindustry, Seibu 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.


Seibu Holdings Cyclically Adjusted PB Ratio vs Conglomerates Industry

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

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


TSE:9024
60GF Score
Seibu Holdings Inc TSE:9024
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Seibu 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, Seibu 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)
=2238.321/112.7000*112.7000
=2,238.321

Current CPI (Mar. 2026) = 112.7000.

Seibu Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201606 1,056.152 98.100 1,213.337
201609 1,080.791 98.000 1,242.910
201612 1,141.357 98.400 1,307.225
201703 1,133.613 98.100 1,302.326
201706 1,155.660 98.500 1,322.263
201709 1,188.137 98.800 1,355.294
201712 1,216.765 99.400 1,379.572
201803 1,241.635 99.200 1,410.608
201806 1,260.358 99.200 1,431.878
201809 1,313.872 99.900 1,482.216
201812 1,282.057 99.700 1,449.226
201903 1,347.673 99.700 1,523.398
201906 1,256.638 99.800 1,419.069
201909 1,299.803 100.100 1,463.415
201912 1,307.501 100.500 1,466.223
202003 1,228.767 100.300 1,380.678
202006 1,149.088 99.900 1,296.318
202009 999.282 99.900 1,127.318
202012 974.563 99.300 1,106.075
202103 1,000.854 99.900 1,129.092
202106 910.065 99.500 1,030.797
202109 902.118 100.100 1,015.671
202112 894.847 100.100 1,007.485
202203 963.590 101.100 1,074.150
202206 985.235 101.800 1,090.727
202209 1,193.269 103.100 1,304.378
202212 1,211.764 104.100 1,311.871
202303 1,238.092 104.400 1,336.523
202306 1,265.333 105.200 1,355.542
202309 1,357.147 106.200 1,440.212
202312 1,404.713 106.800 1,482.314
202403 1,417.906 107.200 1,490.653
202406 0.000 108.200 0.000
202409 1,463.487 108.900 1,514.554
202412 1,443.625 110.700 1,469.707
202503 2,117.965 111.100 2,148.467
202506 2,101.233 111.700 2,120.044
202509 2,101.515 112.000 2,114.649
202512 2,137.102 113.000 2,131.428
202603 2,238.321 112.700 2,238.321

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1,422.72 mean?
Seibu Holdings (TSE:9024) has a Cyclically Adjusted Book per Share of 円1,422.72 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 Seibu Holdings and its competitors.
Is Seibu Holdings' Cyclically Adjusted Book per Share too high?
Seibu Holdings' current Cyclically Adjusted Book per Share is 円1,422.72. Overall, Seibu Holdings has a GF Score™ of 60/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Seibu Holdings' Cyclically Adjusted Book per Share compare to MMM and HON?
Seibu Holdings' Cyclically Adjusted Book per Share of 円1,422.72 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 Seibu Holdings and its competitors. Seibu Holdings's current Cyclically Adjusted Book per Share is 円1,422.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Seibu Holdings stock overvalued right now?
Based on GuruFocus' analysis, Seibu Holdings (TSE:9024) is currently considered Modestly Overvalued. The stock's GF Value™ is 円2,928.65, compared to a current price of 円3,713.00 — trading 26.8% above its estimated fair value. The current Cyclically Adjusted Book per Share is 円1,422.72. Seibu Holdings' overall GF Score™ is 60/100 with 6 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 Seibu Holdings (TSE:9024), the current Cyclically Adjusted Book per Share is 円1,422.72 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 Seibu Holdings (TSE:9024) Overvalued in 2026?

Based on GuruFocus' analysis, Seibu Holdings stock appears to be overvalued. The current stock price of 円3,713.00 is trading 26.8% above its estimated GF Value™ of 円2,928.65. GuruFocus considers Seibu Holdings to be Modestly Overvalued.

Key valuation signals for TSE:9024:

  • Cyclically Adjusted Book per Share: 円1,422.72
  • GF Value™: 円2,928.65 vs. price of 円3,713.00 (26.8% above fair value)
  • GF Score™: 60/100 with 6 warning signs

No single metric tells the full story. See the TSE:9024 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Seibu Holdings Business Description

Other Exchanges SEIBF:USA0H9:Germany
Address 1-16-15 Minamiikebukuro, Toshima-ku, Tokorozawa, JPN, 171-0022
Seibu Holdings Inc is a holding company based in Japan. The company and its subsidiaries operate in urban transportation and regional, hotel and leisure, real estate, construction, Hawaii business and other businesses segments. The activities of these segments encompass railway and bus operations from Seibu Railway and Seibu bus, operations of resort hotels, golf courses, ski resorts and leisure facilities, leasing business, insurance agency, asset management, construction business, the operation of Hawaii Prince Hotel Waikiki, passenger rail services, bus, and taxi services.
60GF Score

Get the complete analysis for TSE:9024

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

円3,713.00
Price
円2,928.65
GF Value