Maruhachi Warehouse Co (TSE:9313) Cyclically Adjusted Book per Share: 円1,865.03 (As of May. 2026)

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Director of Data and Quant Analytics at GuruFocus
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TSE:9313 Maruhachi Warehouse Co Ltd TSE:9313
66 GF Score
Price 円1,050.00
GF Value 円838.37
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Maruhachi Warehouse Co Cyclically Adjusted Book per Share?

Maruhachi Warehouse Co TSE:9313 +1.06% 66 Cyclically Adjusted Book per Share is 円1,865.03 as of May. 2026. GuruFocus rates TSE:9313 with a GF Score™ of 66/100 and a GF Value™ of 円838.37 (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.

Maruhachi Warehouse Co's adjusted book value per share for the three months ended in May. 2026 was 円2,207.934. 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1,865.03 for the trailing ten years ended in May. 2026.

During the past 12 months, Maruhachi Warehouse Co's average Cyclically Adjusted Book Growth Rate was 5.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 6.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 7.30% 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 Maruhachi Warehouse Co was 7.80% per year. The lowest was 5.30% per year. And the median was 6.80% per year.

As of today (2026-08-26), Maruhachi Warehouse Co's current stock price is 円1050.00. Maruhachi Warehouse Co's Cyclically Adjusted Book per Share for the quarter that ended in May. 2026 was 円1,865.03. Maruhachi Warehouse Co's Cyclically Adjusted PB Ratio of today is 0.56.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Maruhachi Warehouse Co was 0.71. The lowest was 0.35. And the median was 0.51.


Maruhachi Warehouse Co  (TSE:9313) 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.

Maruhachi Warehouse Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1050.00/1865.03
=0.56

* 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 Maruhachi Warehouse Co was 0.71. The lowest was 0.35. And the median was 0.51.


Be Aware

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


Maruhachi Warehouse Co Cyclically Adjusted Book per Share Related Terms


Maruhachi Warehouse Co Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Maruhachi Warehouse 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.

Maruhachi Warehouse Co Cyclically Adjusted Book per Share Chart

Maruhachi Warehouse 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 1,372.37 1,496.79 1,611.25 1,717.25 1,823.12

Maruhachi Warehouse 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 1,766.30 1,788.13 1,823.12 1,825.66 1,865.03

TSE:9313 vs CTAS, CPRT, GPN: Cyclically Adjusted Book per Share Comparison

For the Specialty Business Services subindustry, Maruhachi Warehouse 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.


Maruhachi Warehouse Co Cyclically Adjusted PB Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, Maruhachi Warehouse Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Maruhachi Warehouse Co's Cyclically Adjusted PB Ratio falls into.


TSE:9313
66GF Score
Maruhachi Warehouse Co Ltd TSE:9313
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Maruhachi Warehouse 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, Maruhachi Warehouse 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)
=2207.934/113.5000*113.5000
=2,207.934

Current CPI (May. 2026) = 113.5000.

Maruhachi Warehouse Co Quarterly Data

Book Value per Share CPI Adj_Book
201602 1,268.105 97.800 1,471.676
201605 1,292.399 98.200 1,493.761
201608 1,303.091 97.900 1,510.734
201611 1,328.707 98.600 1,529.495
201702 1,355.935 98.100 1,568.793
201705 1,370.635 98.600 1,577.759
201708 1,392.520 98.500 1,604.579
201711 1,546.485 99.100 1,771.201
201802 1,529.752 99.500 1,744.993
201805 1,541.064 99.300 1,761.438
201808 1,549.610 99.800 1,762.332
201811 1,565.421 100.000 1,776.753
201902 1,559.412 99.700 1,775.258
201905 1,571.765 100.000 1,783.953
201908 1,599.077 100.000 1,814.952
201911 1,602.206 100.500 1,809.457
202002 1,589.799 100.300 1,799.025
202005 1,614.045 100.100 1,830.111
202008 1,634.743 100.100 1,853.580
202011 1,655.692 99.500 1,888.654
202102 1,665.588 99.800 1,894.231
202105 1,690.151 99.400 1,929.901
202108 1,709.593 99.700 1,946.227
202111 1,729.231 100.100 1,960.716
202202 1,733.424 100.700 1,953.760
202205 1,748.214 101.800 1,949.138
202208 1,764.549 102.700 1,950.110
202211 1,791.952 103.900 1,957.522
202302 1,792.065 104.000 1,955.763
202305 1,813.922 105.100 1,958.898
202308 1,847.732 105.900 1,980.336
202311 1,869.422 106.900 1,984.840
202402 1,894.101 106.900 2,011.043
202405 1,918.437 108.100 2,014.270
202411 2,046.408 110.000 2,111.521
202505 2,085.776 111.800 2,117.492
202508 2,146.653 112.100 2,173.462
202511 2,163.929 113.200 2,169.664
202602 2,220.097 112.200 2,245.820
202605 2,207.934 113.500 2,207.934

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1,865.03 mean?
Maruhachi Warehouse Co (TSE:9313) has a Cyclically Adjusted Book per Share of 円1,865.03 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 Maruhachi Warehouse Co and its competitors.
Is Maruhachi Warehouse Co's Cyclically Adjusted Book per Share too high?
Maruhachi Warehouse Co's current Cyclically Adjusted Book per Share is 円1,865.03. Overall, Maruhachi Warehouse Co has a GF Score™ of 66/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Maruhachi Warehouse Co's Cyclically Adjusted Book per Share compare to CTAS and CPRT?
Maruhachi Warehouse Co's Cyclically Adjusted Book per Share of 円1,865.03 can be compared against companies in the Business Services 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 Business Services company?
A good Cyclically Adjusted Book per Share depends on the Business Services 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 Maruhachi Warehouse Co and its competitors. Maruhachi Warehouse Co's current Cyclically Adjusted Book per Share is 円1,865.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maruhachi Warehouse Co stock overvalued right now?
Based on GuruFocus' analysis, Maruhachi Warehouse Co (TSE:9313) is currently considered Modestly Overvalued. The stock's GF Value™ is 円838.37, compared to a current price of 円1,050.00 — trading 25.2% above its estimated fair value. The current Cyclically Adjusted Book per Share is 円1,865.03. Maruhachi Warehouse Co's overall GF Score™ is 66/100 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 Maruhachi Warehouse Co (TSE:9313), the current Cyclically Adjusted Book per Share is 円1,865.03 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 Maruhachi Warehouse Co (TSE:9313) Overvalued in 2026?

Based on GuruFocus' analysis, Maruhachi Warehouse Co stock appears to be overvalued. The current stock price of 円1,050.00 is trading 25.2% above its estimated GF Value™ of 円838.37. GuruFocus considers Maruhachi Warehouse Co to be Modestly Overvalued.

Key valuation signals for TSE:9313:

  • Cyclically Adjusted Book per Share: 円1,865.03
  • GF Value™: 円838.37 vs. price of 円1,050.00 (25.2% above fair value)
  • GF Score™: 66/100 with 6 warning signs

No single metric tells the full story. See the TSE:9313 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Maruhachi Warehouse Co Business Description

Address 2-1-9 Tomioka, Koto Ward, Tokyo HF Monzennakacho Building, 4th Floor, Tokyo, JPN, 135-0047
Maruhachi Warehouse Co Ltd operates warehouses and distribution centers. It reports its activities as two business segments - Logistics Business and Real Estate Business. The majority of its revenue is derived from the Logistics business segment. Its services include warehousing, warehousing leasing, cargo disposal of goods, freight transportation, real estate, and brokerage.
66GF Score

Get the complete analysis for TSE:9313

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

円1,050.00
Price
円838.37
GF Value