AIHZF (Ai Holdings) Cyclically Adjusted PB Ratio: (As of Sep. 20, 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.
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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.

AIHZF Ai Holdings Corp AIHZF
92 GF Score
Price $15.12
GF Value $16.98
! 8 Warning Signs
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What is Ai Holdings Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Ai Holdings  (OTCPK:AIHZF) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Ai Holdings Cyclically Adjusted PB Ratio Related Terms


Ai Holdings Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Ai Holdings's Cyclically Adjusted PB Ratio 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.

Ai Holdings Cyclically Adjusted PB Ratio Chart

Ai Holdings Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25 Jun26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 1.44 1.35

Ai 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 PB Ratio 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 1.48 1.45 1.41 1.39 1.36

AIHZF vs MMM, HON: Cyclically Adjusted PB Ratio Comparison

For the Conglomerates subindustry, Ai 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.


Ai Holdings Cyclically Adjusted PB Ratio vs Conglomerates Industry

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

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


AIHZF
92GF Score
Ai Holdings Corp AIHZF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Ai Holdings Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Ai Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Ai Holdings's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=13.618/113.6000*113.6000
=13.618

Current CPI (Jun. 2026) = 113.6000.

Ai Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201609 7.206 98.000 8.353
201612 6.691 98.400 7.725
201703 7.146 98.100 8.275
201706 7.368 98.500 8.498
201709 7.550 98.800 8.681
201712 7.887 99.400 9.014
201803 8.437 99.200 9.662
201806 8.332 99.200 9.541
201809 8.297 99.900 9.435
201812 8.825 99.700 10.055
201903 8.942 99.700 10.189
201906 9.203 99.800 10.476
201909 9.321 100.100 10.578
201912 9.621 100.500 10.875
202003 9.685 100.300 10.969
202006 9.694 99.900 11.023
202009 9.985 99.900 11.354
202012 10.526 99.300 12.042
202103 10.109 99.900 11.495
202106 10.229 99.500 11.679
202109 10.372 100.100 11.771
202112 10.433 100.100 11.840
202203 10.144 101.100 11.398
202206 9.533 101.800 10.638
202209 9.084 103.100 10.009
202212 10.113 104.100 11.036
202303 10.106 104.400 10.997
202306 9.827 105.200 10.612
202309 9.522 106.200 10.185
202312 11.121 106.800 11.829
202403 10.484 107.200 11.110
202406 10.569 108.200 11.096
202409 13.458 108.900 14.039
202412 12.730 110.700 13.063
202503 13.341 111.100 13.641
202506 14.563 111.700 14.811
202509 14.158 112.000 14.360
202512 13.602 113.000 13.674
202603 13.494 112.700 13.602
202606 13.618 113.600 13.618

Add all the adjusted book value per share together and divide the count will get our 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.

Is Ai Holdings (AIHZF) Overvalued in 2026?

Based on GuruFocus' analysis, Ai Holdings stock appears to be undervalued. The current stock price of $15.12 is trading 11% below its estimated GF Value™ of $16.98.

Key valuation signals for AIHZF:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: $16.98 vs. price of $15.12 (11% below fair value)
  • GF Score™: 92/100 with 8 warning signs

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


Ai Holdings Business Description

Other Exchanges 3076:Japan
Address 12-8 Nihonbashi Hisamatsucho, Chuo-ku, Tokyo, JPN, 103-0005
Ai Holdings Corp is mainly engaged in information equipment and security equipment businesses. The company has several business segments: security equipment, card equipment, maintenance service, information equipment, measuring device and environmental testing equipment, design, leasing, and installment. The security equipment sector offers surveillance cameras and recorders, as well as services. The card equipment segment offers card-issuing system equipment. The information equipment segment's main products are cutting machines and scanners. The measurement equipment segment offers environmental test equipment that accomodates a wide range of data such as voltage, temperature, humidity, and pulse. The design segment is mainly focused on the earthquake-resistant structural design.
92GF Score

Get the complete analysis for AIHZF

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

$15.12
Price
$16.98
GF Value