Zenrin Co (FRA:2NJ) Cyclically Adjusted PB Ratio: 1.02 (As of Jul. 21, 2026) — 26% Below Median

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FRA:2NJ Zenrin Co Ltd FRA:2NJ
82 GF Score
Price €4.81
GF Value €5.18
! 2 Warning Signs
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What is Zenrin Co Cyclically Adjusted PB Ratio?

Zenrin Co FRA:2NJ +0.02% 82 Cyclically Adjusted PB Ratio is 1.02 as of Jul. 21, 2026, which is 26% below its 10-year median of 1.37. GuruFocus rates FRA:2NJ with a GF Score™ of 82/100 and a GF Value™ of €5.18. The stock has 2 warning signs investors should review. Among 347 Interactive Media companies, Zenrin Co ranks better than 58.5% on this metric.

As of today (2026-07-21), Zenrin Co's current share price is €4.8085. Zenrin Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €4.73. Zenrin Co's Cyclically Adjusted PB Ratio for today is 1.02.

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

FRA:2NJ' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.95   Med: 1.37   Max: 5.13
Current: 1.03

During the past years, Zenrin Co's highest Cyclically Adjusted PB Ratio was 5.13. The lowest was 0.95. And the median was 1.37.

FRA:2NJ's Cyclically Adjusted PB Ratio is ranked better than
58.5% of 347 companies
in the Interactive Media industry
Industry Median: 1.44 vs FRA:2NJ: 1.03

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.

Zenrin Co's adjusted book value per share data for the three months ended in Mar. 2026 was €4.993. 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 €4.73 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Zenrin Co  (FRA:2NJ) 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.


Zenrin Co Cyclically Adjusted PB Ratio Related Terms


Zenrin Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Zenrin 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.

Zenrin Co Cyclically Adjusted PB Ratio Chart

Zenrin 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 1.34 1.07 1.04 1.23 1.12

Zenrin 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 1.23 1.18 1.23 1.19 1.12

FRA:2NJ vs GOOGL, META, SPOT: Cyclically Adjusted PB Ratio Comparison

For the Internet Content & Information subindustry, Zenrin 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.


Zenrin Co Cyclically Adjusted PB Ratio vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Zenrin Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FRA:2NJ
82GF Score
Zenrin Co Ltd FRA:2NJ
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Zenrin 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4.8085/4.73
=1.02

* 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.

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

For example, Zenrin 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)
=4.993/112.7000*112.7000
=4.993

Current CPI (Mar. 2026) = 112.7000.

Zenrin Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 5.966 98.100 6.854
201609 6.173 98.000 7.099
201612 5.732 98.400 6.565
201703 6.329 98.100 7.271
201706 5.987 98.500 6.850
201709 5.710 98.800 6.513
201712 5.595 99.400 6.344
201803 5.701 99.200 6.477
201806 5.720 99.200 6.498
201809 5.441 99.900 6.138
201812 5.583 99.700 6.311
201903 6.045 99.700 6.833
201906 5.982 99.800 6.755
201909 6.186 100.100 6.965
201912 5.978 100.500 6.704
202003 6.384 100.300 7.173
202006 6.252 99.900 7.053
202009 6.070 99.900 6.848
202012 5.818 99.300 6.603
202103 6.073 99.900 6.851
202106 5.514 99.500 6.246
202109 5.689 100.100 6.405
202112 6.786 100.100 7.640
202203 6.851 101.100 7.637
202206 6.147 101.800 6.805
202209 6.104 103.100 6.672
202212 5.791 104.100 6.269
202303 6.005 104.400 6.482
202306 5.532 105.200 5.926
202309 5.655 106.200 6.001
202312 5.594 106.800 5.903
202403 5.663 107.200 5.954
202406 5.499 108.200 5.728
202409 5.728 108.900 5.928
202412 5.513 110.700 5.613
202503 5.793 111.100 5.876
202506 5.466 111.700 5.515
202509 5.243 112.000 5.276
202512 4.930 113.000 4.917
202603 4.993 112.700 4.993

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 1.02 mean?
Zenrin Co (FRA:2NJ) has a Cyclically Adjusted PB Ratio of 1.02 as of Jul. 21, 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 Zenrin Co and its competitors. This is 26% below median its historical median of 1.37. Over the past decade, Zenrin Co's Cyclically Adjusted PB Ratio has ranged from 0.95 to 5.13. According to the industry distribution chart, Zenrin Co ranks #144 out of 347 companies in the Interactive Media industry, placing it in the top 41.5%.
Is Zenrin Co's Cyclically Adjusted PB Ratio too high?
Zenrin Co's current Cyclically Adjusted PB Ratio of 1.02 is 26% below median its 10-year median of 1.37. Over the past 10 years, this metric has ranged from a low of 0.95 to a high of 5.13. The Interactive Media industry median Cyclically Adjusted PB Ratio is 1.44. Zenrin Co's value of 1.02 is 29.2% below this industry median. Based on the distribution chart, Zenrin Co ranks #144 out of 347 companies in the Interactive Media industry, which is above the industry midpoint. Overall, Zenrin Co has a GF Score™ of 82/100, reflecting its overall financial health beyond just this single metric.
How does Zenrin Co's Cyclically Adjusted PB Ratio compare to GOOGL and META?
According to the Interactive Media industry distribution chart, Zenrin Co ranks #144 out of 347 companies for Cyclically Adjusted PB Ratio. This puts Zenrin Co in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.44. Zenrin Co's value of 1.02 is 29.2% below this benchmark. Historically, Zenrin Co's own Cyclically Adjusted PB Ratio has ranged from 0.95 to 5.13 over the past decade. While the company's 10-year median is 1.37 vs. the industry median of 1.44, Zenrin Co has consistently been below 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 an Interactive Media company?
The median Cyclically Adjusted PB Ratio among Interactive Media companies is 1.44, based on 347 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. Zenrin Co's current Cyclically Adjusted PB Ratio of 1.02 is 29.2% below 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 Zenrin Co and its competitors. For the Interactive Media industry, the median Cyclically Adjusted PB Ratio is 1.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zenrin Co's current Cyclically Adjusted PB Ratio is 1.02, which is 26% below median its own 10-year median of 1.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zenrin Co stock overvalued right now?
Zenrin Co (FRA:2NJ) has a current Cyclically Adjusted PB Ratio of 1.02. The stock's GF Value™ is €5.18, compared to a current price of €4.81 — trading 7.2% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.02, which is 26% below median its 10-year median of 1.37 and 29.2% below the Interactive Media industry median of 1.44. Zenrin Co's overall GF Score™ is 82/100 with 2 warning signs to review. 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 Zenrin Co (FRA:2NJ), the current Cyclically Adjusted PB Ratio is 1.02 as of Jul. 21, 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 Zenrin Co (FRA:2NJ) Overvalued in 2026?

Based on GuruFocus' analysis, Zenrin Co stock appears to be undervalued. The current stock price of €4.81 is trading 7.2% below its estimated GF Value™ of €5.18.

Key valuation signals for FRA:2NJ:

  • Cyclically Adjusted PB Ratio: 1.02 (26% below median its 10-year median of 1.37)
  • GF Value™: €5.18 vs. price of €4.81 (7.2% below fair value)
  • GF Score™: 82/100 with 2 warning signs
  • Industry Position: 29.2% below the Interactive Media median (#144 of 347)

No single metric tells the full story. See the FRA:2NJ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zenrin Co Business Description

Other Exchanges 9474:Japan
Address 3-1 Nakahara Shinmachi, Tobata-ku, Fukuoka Prefecture, Kitakyushu, JPN, 804-0003
Zenrin Co Ltd is a Japan based company engaged in collection and management of a broad range of information, which forms the basis of Zenrin Integrated Geospatial System, and the production of maps, including residential maps, map databases, and other content. It develops software and services related to Zenrin Integrated Geospatial System. In addition to maps, it possesses a strong market share in map software, in-car navigation software and related IT services. The company operates in U.S., Europe, India, and Taiwan, further extending the already expansive cartographic database.
82GF Score

Get the complete analysis for FRA:2NJ

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

€4.81
Price
€5.18
GF Value