Marui Group Co (FRA:MUI) Cyclically Adjusted PB Ratio: 2.03 (As of Jul. 06, 2026) — 12% Above Median


FRA:MUI Marui Group Co Ltd FRA:MUI
82 GF Score
Price €15.90
GF Value €17.68
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Marui Group Co Cyclically Adjusted PB Ratio?

Marui Group Co FRA:MUI +2.58% 82 Cyclically Adjusted PB Ratio is 2.03 as of Jul. 06, 2026, which is 12% above its 10-year median of 1.81. GuruFocus rates FRA:MUI with a GF Score™ of 82/100 and a GF Value™ of €17.68 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 422 Credit Services companies, Marui Group Co ranks worse than 73.93% on this metric.

As of today (2026-07-06), Marui Group Co's current share price is €15.90. Marui Group Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €7.82. Marui Group Co's Cyclically Adjusted PB Ratio for today is 2.03.

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

FRA:MUI' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.27   Med: 1.81   Max: 2.4
Current: 2.04

During the past years, Marui Group Co's highest Cyclically Adjusted PB Ratio was 2.40. The lowest was 1.27. And the median was 1.81.

FRA:MUI's Cyclically Adjusted PB Ratio is ranked worse than
73.93% of 422 companies
in the Credit Services industry
Industry Median: 0.96 vs FRA:MUI: 2.04

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.

Marui Group Co's adjusted book value per share data for the three months ended in Mar. 2026 was €7.408. 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 €7.82 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Marui Group Co  (FRA:MUI) 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.


Marui Group Co Cyclically Adjusted PB Ratio Related Terms


Marui Group Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Marui Group 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.

Marui Group Co Cyclically Adjusted PB Ratio Chart

Marui Group 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 1.78 1.54 1.80 1.91 2.12

Marui Group 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 1.91 2.16 2.22 2.23 2.12

FRA:MUI vs V, MA, AXP: Cyclically Adjusted PB Ratio Comparison

For the Credit Services subindustry, Marui Group 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.


Marui Group Co Cyclically Adjusted PB Ratio vs Credit Services Industry

For the Credit Services industry and Financial Services sector, Marui Group Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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

Marui Group 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=15.90/7.82
=2.03

* 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.

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

For example, Marui Group 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)
=7.408/112.7000*112.7000
=7.408

Current CPI (Mar. 2026) = 112.7000.

Marui Group Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 9.481 98.100 10.892
201609 9.782 98.000 11.249
201612 11.209 98.400 12.838
201703 9.905 98.100 11.379
201706 9.671 98.500 11.065
201709 9.257 98.800 10.559
201712 9.221 99.400 10.455
201803 9.523 99.200 10.819
201806 9.721 99.200 11.044
201809 9.737 99.900 10.985
201812 10.011 99.700 11.316
201903 10.427 99.700 11.787
201906 10.714 99.800 12.099
201909 11.384 100.100 12.817
201912 11.107 100.500 12.455
202003 11.361 100.300 12.766
202006 11.220 99.900 12.658
202009 11.465 99.900 12.934
202012 11.235 99.300 12.751
202103 10.437 99.900 11.774
202106 10.070 99.500 11.406
202109 10.485 100.100 11.805
202112 10.260 100.100 11.551
202203 10.009 101.100 11.157
202206 9.188 101.800 10.172
202209 9.458 103.100 10.339
202212 9.175 104.100 9.933
202303 9.084 104.400 9.806
202306 8.483 105.200 9.088
202309 8.462 106.200 8.980
202312 8.321 106.800 8.781
202403 8.278 107.200 8.703
202406 0.000 108.200 0.000
202409 8.586 108.900 8.886
202412 8.296 110.700 8.446
202503 8.453 111.100 8.575
202506 8.096 111.700 8.168
202509 7.956 112.000 8.006
202512 7.261 113.000 7.242
202603 7.408 112.700 7.408

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 2.03 mean?
Marui Group Co (FRA:MUI) has a Cyclically Adjusted PB Ratio of 2.03 as of Jul. 06, 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 Marui Group Co and its competitors. This is 12% above median its historical median of 1.81. Over the past decade, Marui Group Co's Cyclically Adjusted PB Ratio has ranged from 1.27 to 2.40. According to the industry distribution chart, Marui Group Co ranks #312 out of 422 companies in the Credit Services industry, placing it in the top 73.9%.
Is Marui Group Co's Cyclically Adjusted PB Ratio too high?
Marui Group Co's current Cyclically Adjusted PB Ratio of 2.03 is 12% above median its 10-year median of 1.81. Over the past 10 years, this metric has ranged from a low of 1.27 to a high of 2.40. The Credit Services industry median Cyclically Adjusted PB Ratio is 0.96. Marui Group Co's value of 2.03 is 111.5% above this industry median. Based on the distribution chart, Marui Group Co ranks #312 out of 422 companies in the Credit Services industry, which is below the industry midpoint. Overall, Marui Group Co has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Marui Group Co's Cyclically Adjusted PB Ratio compare to V and MA?
According to the Credit Services industry distribution chart, Marui Group Co ranks #312 out of 422 companies for Cyclically Adjusted PB Ratio. This places Marui Group Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.96. Marui Group Co's value of 2.03 is 111.5% above this benchmark. Historically, Marui Group Co's own Cyclically Adjusted PB Ratio has ranged from 1.27 to 2.40 over the past decade. While the company's 10-year median is 1.81 vs. the industry median of 0.96, Marui Group 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 Credit Services company?
The median Cyclically Adjusted PB Ratio among Credit Services companies is 0.96, based on 422 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. Marui Group Co's current Cyclically Adjusted PB Ratio of 2.03 is 111.5% 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 Marui Group Co and its competitors. For the Credit Services industry, the median Cyclically Adjusted PB Ratio is 0.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Marui Group Co's current Cyclically Adjusted PB Ratio is 2.03, which is 12% above median its own 10-year median of 1.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Marui Group Co stock overvalued right now?
Based on GuruFocus' analysis, Marui Group Co (FRA:MUI) is currently considered Modestly Undervalued. The stock's GF Value™ is €17.68, compared to a current price of €15.90 — trading 10.1% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.03, which is 12% above median its 10-year median of 1.81 and 111.5% above the Credit Services industry median of 0.96. Marui Group Co's overall GF Score™ is 82/100 with 3 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 Marui Group Co (FRA:MUI), the current Cyclically Adjusted PB Ratio is 2.03 as of Jul. 06, 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 Marui Group Co (FRA:MUI) Overvalued in 2026?

Based on GuruFocus' analysis, Marui Group Co stock appears to be undervalued. The current stock price of €15.90 is trading 10.1% below its estimated GF Value™ of €17.68. GuruFocus considers Marui Group Co to be Modestly Undervalued.

Key valuation signals for FRA:MUI:

  • Cyclically Adjusted PB Ratio: 2.03 (12% above median its 10-year median of 1.81)
  • GF Value™: €17.68 vs. price of €15.90 (10.1% below fair value)
  • GF Score™: 82/100 with 3 warning signs
  • Industry Position: 111.5% above the Credit Services median (#312 of 422)

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


Marui Group Co Business Description

Other Exchanges MAURY:USA8252:Japan
Address 4-3-2 Nakano, Nakano-ku, Tokyo, JPN, 164-8701
Marui Group Co Ltd operates group companies engaged in retail and fintech businesses. It operates through two segments, namely Retailing and Fintech. The Retailing segment is involved in managing commercial property rentals, retail operations for clothing and accessories, space production, advertising, apparel distribution, and the management of buildings and other facilities. The FinTech segment engages in the credit card services, consumer loans, and the rent guarantee businesses; IT systems; and real estate rental. The company generates the majority of its revenue from the Fintech segment.
82GF Score

Get the complete analysis for FRA:MUI

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

€15.90
Price
€17.68
GF Value