DSHIF (Doshisha Co) Cyclically Adjusted PB Ratio: 1.46 (As of Aug. 01, 2026) — 28% Above Median

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DSHIF Doshisha Co Ltd DSHIF
82 GF Score
Price $15.95
GF Value $13.19
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What is Doshisha Co Cyclically Adjusted PB Ratio?

Doshisha Co DSHIF 82 Cyclically Adjusted PB Ratio is 1.46 as of Aug. 01, 2026, which is 28% above its 10-year median of 1.14. GuruFocus rates DSHIF with a GF Score™ of 82/100 and a GF Value™ of $13.19. Among 472 Conglomerates companies, Doshisha Co ranks worse than 57.63% on this metric.

As of today (2026-08-01), Doshisha Co's current share price is $15.95. Doshisha Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $10.90. Doshisha Co's Cyclically Adjusted PB Ratio for today is 1.46.

The historical rank and industry rank for Doshisha Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

DSHIF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.71   Med: 1.14   Max: 1.99
Current: 1.3

During the past years, Doshisha Co's highest Cyclically Adjusted PB Ratio was 1.99. The lowest was 0.71. And the median was 1.14.

DSHIF's Cyclically Adjusted PB Ratio is ranked worse than
57.63% of 472 companies
in the Conglomerates industry
Industry Median: 1.015 vs DSHIF: 1.30

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.

Doshisha Co's adjusted book value per share data for the three months ended in Mar. 2026 was $16.660. 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 $10.90 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Doshisha Co  (OTCPK:DSHIF) 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.


Doshisha Co Cyclically Adjusted PB Ratio Related Terms


Doshisha Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Doshisha Co'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.

Doshisha Co Cyclically Adjusted PB Ratio Chart

Doshisha Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.86 1.03 1.05 1.01 1.46

Doshisha 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 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 1.01 1.13 1.27 1.46 1.46

DSHIF vs MMM, HON: Cyclically Adjusted PB Ratio Comparison

For the Conglomerates subindustry, Doshisha 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.


Doshisha Co Cyclically Adjusted PB Ratio vs Conglomerates Industry

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

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


DSHIF
82GF Score
Doshisha Co Ltd DSHIF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Doshisha Co 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.

Doshisha Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=15.95/10.90
=1.46

* 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.

Doshisha Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Doshisha 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)
=16.66/112.7000*112.7000
=16.660

Current CPI (Mar. 2026) = 112.7000.

Doshisha Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 14.587 98.100 16.758
201609 15.170 98.000 17.446
201612 13.909 98.400 15.930
201703 14.791 98.100 16.992
201706 15.349 98.500 17.562
201709 16.009 98.800 18.261
201712 15.740 99.400 17.846
201803 16.798 99.200 19.084
201806 16.548 99.200 18.800
201809 16.430 99.900 18.535
201812 16.476 99.700 18.624
201903 16.706 99.700 18.884
201906 17.209 99.800 19.433
201909 17.532 100.100 19.739
201912 17.569 100.500 19.702
202003 17.846 100.300 20.052
202006 18.356 99.900 20.708
202009 19.052 99.900 21.493
202012 19.785 99.300 22.455
202103 19.198 99.900 21.658
202106 19.080 99.500 21.611
202109 19.305 100.100 21.735
202112 18.907 100.100 21.287
202203 18.367 101.100 20.474
202206 16.519 101.800 18.288
202209 15.748 103.100 17.214
202212 16.741 104.100 18.124
202303 17.113 104.400 18.474
202306 16.510 105.200 17.687
202309 16.052 106.200 17.034
202312 16.534 106.800 17.447
202403 16.147 107.200 16.975
202406 0.000 108.200 0.000
202409 17.005 108.900 17.598
202412 16.197 110.700 16.490
202503 16.776 111.100 17.018
202506 17.428 111.700 17.584
202509 17.425 112.000 17.534
202512 16.817 113.000 16.772
202603 16.660 112.700 16.660

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.

What does a Cyclically Adjusted PB Ratio of 1.46 mean?
Doshisha Co (DSHIF) has a Cyclically Adjusted PB Ratio of 1.46 as of Aug. 01, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Doshisha Co and its competitors. This is 28% above median its historical median of 1.14. Over the past decade, Doshisha Co's Cyclically Adjusted PB Ratio has ranged from 0.71 to 1.99. According to the industry distribution chart, Doshisha Co ranks #272 out of 472 companies in the Conglomerates industry, placing it in the top 57.6%.
Is Doshisha Co's Cyclically Adjusted PB Ratio too high?
Doshisha Co's current Cyclically Adjusted PB Ratio of 1.46 is 28% above median its 10-year median of 1.14. Over the past 10 years, this metric has ranged from a low of 0.71 to a high of 1.99. The Conglomerates industry median Cyclically Adjusted PB Ratio is 1.02. Doshisha Co's value of 1.46 is 43.8% above this industry median. Based on the distribution chart, Doshisha Co ranks #272 out of 472 companies in the Conglomerates industry, which is below the industry midpoint. Overall, Doshisha Co has a GF Score™ of 82/100, reflecting its overall financial health beyond just this single metric.
How does Doshisha Co's Cyclically Adjusted PB Ratio compare to MMM and HON?
According to the Conglomerates industry distribution chart, Doshisha Co ranks #272 out of 472 companies for Cyclically Adjusted PB Ratio. This places Doshisha Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.02. Doshisha Co's value of 1.46 is 43.8% above this benchmark. Historically, Doshisha Co's own Cyclically Adjusted PB Ratio has ranged from 0.71 to 1.99 over the past decade. While the company's 10-year median is 1.14 vs. the industry median of 1.02, Doshisha Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a Conglomerates company?
The median Cyclically Adjusted PB Ratio among Conglomerates companies is 1.02, based on 472 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Doshisha Co's current Cyclically Adjusted PB Ratio of 1.46 is 43.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Doshisha Co and its competitors. For the Conglomerates industry, the median Cyclically Adjusted PB Ratio is 1.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Doshisha Co's current Cyclically Adjusted PB Ratio is 1.46, which is 28% above median its own 10-year median of 1.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Doshisha Co stock overvalued right now?
Doshisha Co (DSHIF) has a current Cyclically Adjusted PB Ratio of 1.46. The stock's GF Value™ is $13.19, compared to a current price of $15.95 — trading 20.9% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.46, which is 28% above median its 10-year median of 1.14 and 43.8% above the Conglomerates industry median of 1.02. Doshisha Co's overall GF Score™ is 82/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Doshisha Co (DSHIF), the current Cyclically Adjusted PB Ratio is 1.46 as of Aug. 01, 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 Doshisha Co (DSHIF) Overvalued in 2026?

Based on GuruFocus' analysis, Doshisha Co stock appears to be overvalued. The current stock price of $15.95 is trading 20.9% above its estimated GF Value™ of $13.19.

Key valuation signals for DSHIF:

  • Cyclically Adjusted PB Ratio: 1.46 (28% above median its 10-year median of 1.14)
  • GF Value™: $13.19 vs. price of $15.95 (20.9% above fair value)
  • GF Score™: 82/100
  • Industry Position: 43.8% above the Conglomerates median (#272 of 472)

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


Doshisha Co Business Description

Other Exchanges 7483:Japan
Address 1-5-5 Higashi Shinsaibashi, Chuo-ku, Osaka, JPN, 542-8525
Doshisha Co Ltd is a Japanese conglomerate. The company engages in the manufacture and sale of various lifestyle and household products. With operation organized into the following segments, Product Development, Wholesale Model Business and Others. It mainly provides consumer electronics, home décor, apparel, food products, alcoholic beverages, and confectionery. It also engages in wholesale of branded products.
82GF Score

Get the complete analysis for DSHIF

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

$15.95
Price
$13.19
GF Value