Mammy Mart Holdings (TSE:9823) Cyclically Adjusted Book per Share: 円622.85 (As of Mar. 2026)


TSE:9823 Mammy Mart Holdings Corp TSE:9823
72 GF Score
Price 円1,047.00
GF Value 円1,140.45
Valuation Fairly Valued
! 4 Warning Signs
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What is Mammy Mart Holdings Cyclically Adjusted Book per Share?

Mammy Mart Holdings TSE:9823 -1.51% 72 Cyclically Adjusted Book per Share is 円622.85 as of Mar. 2026. GuruFocus rates TSE:9823 with a GF Score™ of 72/100 and a GF Value™ of 円1,140.45 (Fairly Valued). 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.

Mammy Mart Holdings's adjusted book value per share for the three months ended in Mar. 2026 was 円902.743. 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622.85 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Mammy Mart Holdings's average Cyclically Adjusted Book Growth Rate was 8.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 8.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 7.70% 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 Mammy Mart Holdings was 8.40% per year. The lowest was 3.60% per year. And the median was 6.90% per year.

As of today (2026-07-12), Mammy Mart Holdings's current stock price is 円1047.00. Mammy Mart Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円622.85. Mammy Mart Holdings's Cyclically Adjusted PB Ratio of today is 1.68.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Mammy Mart Holdings was 2.85. The lowest was 0.76. And the median was 1.09.


Mammy Mart Holdings  (TSE:9823) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1047.00/622.85
=1.68

* 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 Mammy Mart Holdings was 2.85. The lowest was 0.76. And the median was 1.09.


Be Aware

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


Mammy Mart Holdings Cyclically Adjusted Book per Share Related Terms


Mammy Mart Holdings Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Mammy Mart 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.

Mammy Mart Holdings Cyclically Adjusted Book per Share Chart

Mammy Mart Holdings Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 436.09 470.79 510.10 555.06 598.29

Mammy Mart Holdings Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 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 572.75 583.86 598.29 613.75 622.85

TSE:9823 vs KR: Cyclically Adjusted Book per Share Comparison

For the Grocery Stores subindustry, Mammy Mart 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.


Mammy Mart Holdings Cyclically Adjusted PB Ratio vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Mammy Mart Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TSE:9823
72GF Score
Mammy Mart Holdings Corp TSE:9823
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mammy Mart 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, Mammy Mart 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)
=902.743/112.7000*112.7000
=902.743

Current CPI (Mar. 2026) = 112.7000.

Mammy Mart Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201603 417.704 97.900 480.850
201606 421.169 98.100 483.851
201609 431.867 98.000 496.647
201612 446.225 98.400 511.073
201703 456.693 98.100 524.662
201706 464.975 98.500 532.007
201709 464.011 98.800 529.292
201712 475.572 99.400 539.205
201803 486.948 99.200 553.216
201806 490.153 99.200 556.857
201809 436.747 99.900 492.707
201812 441.509 99.700 499.078
201903 451.069 99.700 509.884
201906 453.515 99.800 512.136
201909 441.898 100.100 497.522
201912 450.018 100.500 504.647
202003 463.992 100.300 521.355
202006 487.897 99.900 550.410
202009 485.697 99.900 547.928
202012 505.125 99.300 573.289
202103 525.042 99.900 592.315
202106 540.074 99.500 611.722
202109 549.982 100.100 619.211
202112 566.903 100.100 638.261
202203 587.736 101.100 655.172
202206 592.434 101.800 655.868
202209 601.962 103.100 658.013
202212 616.865 104.100 667.826
202303 630.847 104.400 681.001
202306 645.177 105.200 691.173
202309 680.472 106.200 722.120
202312 701.260 106.800 740.000
202403 730.820 107.200 768.315
202406 743.560 108.200 774.484
202409 757.420 108.900 783.850
202412 778.256 110.700 792.317
202503 810.476 111.100 822.148
202509 847.183 112.000 852.478
202512 870.596 113.000 868.285
202603 902.743 112.700 902.743

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622.85 mean?
Mammy Mart Holdings (TSE:9823) has a Cyclically Adjusted Book per Share of 円622.85 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 Mammy Mart Holdings and its competitors.
Is Mammy Mart Holdings' Cyclically Adjusted Book per Share too high?
Mammy Mart Holdings' current Cyclically Adjusted Book per Share is 円622.85. Overall, Mammy Mart Holdings has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mammy Mart Holdings' Cyclically Adjusted Book per Share compare to KR?
Mammy Mart Holdings' Cyclically Adjusted Book per Share of 円622.85 can be compared against companies in the Retail - Defensive 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 Retail - Defensive company?
A good Cyclically Adjusted Book per Share depends on the Retail - Defensive 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 Mammy Mart Holdings and its competitors. Mammy Mart Holdings's current Cyclically Adjusted Book per Share is 円622.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mammy Mart Holdings stock overvalued right now?
Based on GuruFocus' analysis, Mammy Mart Holdings (TSE:9823) is currently considered Fairly Valued. The stock's GF Value™ is 円1,140.45, compared to a current price of 円1,047.00 — trading 8.2% below its estimated fair value. The current Cyclically Adjusted Book per Share is 円622.85. Mammy Mart Holdings' overall GF Score™ is 72/100 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 Mammy Mart Holdings (TSE:9823), the current Cyclically Adjusted Book per Share is 円622.85 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 Mammy Mart Holdings (TSE:9823) Overvalued in 2026?

Based on GuruFocus' analysis, Mammy Mart Holdings stock appears to be undervalued. The current stock price of 円1,047.00 is trading 8.2% below its estimated GF Value™ of 円1,140.45. GuruFocus considers Mammy Mart Holdings to be Fairly Valued.

Key valuation signals for TSE:9823:

  • Cyclically Adjusted Book per Share: 円622.85
  • GF Value™: 円1,140.45 vs. price of 円1,047.00 (8.2% below fair value)
  • GF Score™: 72/100 with 4 warning signs

No single metric tells the full story. See the TSE:9823 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mammy Mart Holdings Business Description

Address 2-2-47 Honmachi, Saitama Prefecture, Higashimatsuyama, JPN
Mammy Mart Holdings Corp Formerly Mammy Mart Corp is a fresh food supermarket chain. It develops steadily based on community-based management. The company has one segment named the Supermarket business, which mainly sells fresh food, processed foods, prepared foods, daily necessities, etc.
72GF Score

Get the complete analysis for TSE:9823

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

円1,047.00
Price
円1,140.45
GF Value