Pan Pacific International Holdings (FRA:QJE) Cyclically Adjusted PB Ratio: 5.45 (As of Aug. 26, 2026) — Near Median

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FRA:QJE Pan Pacific International Holdings Corp FRA:QJE
85 GF Score
Price €4.36
GF Value €5.08
Valuation Modestly Undervalued
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What is Pan Pacific International Holdings Cyclically Adjusted PB Ratio?

Pan Pacific International Holdings FRA:QJE 85 Cyclically Adjusted PB Ratio is 5.45 as of Aug. 26, 2026, which is 5% below its 10-year median of 5.74. GuruFocus rates FRA:QJE with a GF Score™ of 85/100 and a GF Value™ of €5.08 (Modestly Undervalued). Among 223 Retail - Defensive companies, Pan Pacific International Holdings ranks worse than 86.1% on this metric.

As of today (2026-08-26), Pan Pacific International Holdings's current share price is €4.36. Pan Pacific International Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €0.80. Pan Pacific International Holdings's Cyclically Adjusted PB Ratio for today is 5.45.

The historical rank and industry rank for Pan Pacific International Holdings's Cyclically Adjusted PB Ratio or its related term are showing as below:

FRA:QJE' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.59   Med: 5.74   Max: 8.38
Current: 5.48

During the past years, Pan Pacific International Holdings's highest Cyclically Adjusted PB Ratio was 8.38. The lowest was 3.59. And the median was 5.74.

FRA:QJE's Cyclically Adjusted PB Ratio is ranked worse than
86.1% of 223 companies
in the Retail - Defensive industry
Industry Median: 1.62 vs FRA:QJE: 5.48

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.

Pan Pacific International Holdings's adjusted book value per share data for the three months ended in Jun. 2026 was €1.277. 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 €0.80 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Pan Pacific International Holdings  (FRA:QJE) 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.


Pan Pacific International Holdings Cyclically Adjusted PB Ratio Related Terms


Pan Pacific International Holdings Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Pan Pacific International 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.

Pan Pacific International Holdings Cyclically Adjusted PB Ratio Chart

Pan Pacific International 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 4.83 5.06 6.53 7.54 5.56

Pan Pacific International 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 7.54 7.22 6.67 6.77 5.56

FRA:QJE vs WMT, COST, TGT: Cyclically Adjusted PB Ratio Comparison

For the Discount Stores subindustry, Pan Pacific International 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.


Pan Pacific International Holdings Cyclically Adjusted PB Ratio vs Retail - Defensive Industry

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

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


FRA:QJE
85GF Score
Pan Pacific International Holdings Corp FRA:QJE
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Pan Pacific International 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.

Pan Pacific International Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4.36/0.80
=5.45

* 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.

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

For example, Pan Pacific International 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)
=1.277/113.6000*113.6000
=1.277

Current CPI (Jun. 2026) = 113.6000.

Pan Pacific International Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201609 0.659 98.000 0.764
201612 0.640 98.400 0.739
201703 0.664 98.100 0.769
201706 0.657 98.500 0.758
201709 0.635 98.800 0.730
201712 0.653 99.400 0.746
201803 0.686 99.200 0.786
201806 0.715 99.200 0.819
201809 0.710 99.900 0.807
201812 0.761 99.700 0.867
201903 0.806 99.700 0.918
201906 0.851 99.800 0.969
201909 0.899 100.100 1.020
201912 0.916 100.500 1.035
202003 0.960 100.300 1.087
202006 0.969 99.900 1.102
202009 0.967 99.900 1.100
202012 0.991 99.300 1.134
202103 0.990 99.900 1.126
202106 0.995 99.500 1.136
202109 0.884 100.100 1.003
202112 0.937 100.100 1.063
202203 0.960 101.100 1.079
202206 0.930 101.800 1.038
202209 0.965 103.100 1.063
202212 1.012 104.100 1.104
202303 1.029 104.400 1.120
202306 0.994 105.200 1.073
202309 1.008 106.200 1.078
202312 1.073 106.800 1.141
202403 1.066 107.200 1.130
202406 1.061 108.200 1.114
202409 1.168 108.900 1.218
202412 1.195 110.700 1.226
202503 1.246 111.100 1.274
202506 1.221 111.700 1.242
202509 1.189 112.000 1.206
202512 1.206 113.000 1.212
202603 1.251 112.700 1.261
202606 1.277 113.600 1.277

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 5.45 mean?
Pan Pacific International Holdings (FRA:QJE) has a Cyclically Adjusted PB Ratio of 5.45 as of Aug. 26, 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 Pan Pacific International Holdings and its competitors. This is near median its historical median of 5.74. Over the past decade, Pan Pacific International Holdings' Cyclically Adjusted PB Ratio has ranged from 3.59 to 8.38. According to the industry distribution chart, Pan Pacific International Holdings ranks #192 out of 223 companies in the Retail - Defensive industry, placing it in the top 86.1%.
Is Pan Pacific International Holdings' Cyclically Adjusted PB Ratio too high?
Pan Pacific International Holdings' current Cyclically Adjusted PB Ratio of 5.45 is near median its 10-year median of 5.74. Over the past 10 years, this metric has ranged from a low of 3.59 to a high of 8.38. The Retail - Defensive industry median Cyclically Adjusted PB Ratio is 1.62. Pan Pacific International Holdings' value of 5.45 is 236.4% above this industry median. Based on the distribution chart, Pan Pacific International Holdings ranks #192 out of 223 companies in the Retail - Defensive industry, which is in the bottom quartile relative to peers. Overall, Pan Pacific International Holdings has a GF Score™ of 85/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Pan Pacific International Holdings' Cyclically Adjusted PB Ratio compare to WMT and COST?
According to the Retail - Defensive industry distribution chart, Pan Pacific International Holdings ranks #192 out of 223 companies for Cyclically Adjusted PB Ratio. This places Pan Pacific International Holdings in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.62. Pan Pacific International Holdings' value of 5.45 is 236.4% above this benchmark. Historically, Pan Pacific International Holdings' own Cyclically Adjusted PB Ratio has ranged from 3.59 to 8.38 over the past decade. While the company's 10-year median is 5.74 vs. the industry median of 1.62, Pan Pacific International Holdings 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 Retail - Defensive company?
The median Cyclically Adjusted PB Ratio among Retail - Defensive companies is 1.62, based on 223 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. Pan Pacific International Holdings's current Cyclically Adjusted PB Ratio of 5.45 is 236.4% 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 Pan Pacific International Holdings and its competitors. For the Retail - Defensive industry, the median Cyclically Adjusted PB Ratio is 1.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pan Pacific International Holdings's current Cyclically Adjusted PB Ratio is 5.45, which is near median its own 10-year median of 5.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pan Pacific International Holdings stock overvalued right now?
Based on GuruFocus' analysis, Pan Pacific International Holdings (FRA:QJE) is currently considered Modestly Undervalued. The stock's GF Value™ is €5.08, compared to a current price of €4.36 — trading 14.2% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 5.45, which is near median its 10-year median of 5.74 and 236.4% above the Retail - Defensive industry median of 1.62. Pan Pacific International Holdings' overall GF Score™ is 85/100. 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 Pan Pacific International Holdings (FRA:QJE), the current Cyclically Adjusted PB Ratio is 5.45 as of Aug. 26, 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 Pan Pacific International Holdings (FRA:QJE) Overvalued in 2026?

Based on GuruFocus' analysis, Pan Pacific International Holdings stock appears to be undervalued. The current stock price of €4.36 is trading 14.2% below its estimated GF Value™ of €5.08. GuruFocus considers Pan Pacific International Holdings to be Modestly Undervalued.

Key valuation signals for FRA:QJE:

  • Cyclically Adjusted PB Ratio: 5.45 (near median its 10-year median of 5.74)
  • GF Value™: €5.08 vs. price of €4.36 (14.2% below fair value)
  • GF Score™: 85/100
  • Industry Position: 236.4% above the Retail - Defensive median (#192 of 223)

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


Pan Pacific International Holdings Business Description

Address 2-25-12 Dogenzaka, Shibuya-ku, Tokyo, JPN, 150-0043
Pan Pacific International Holdings is a leading operator of discount stores and general merchandise stores primarily in Japan, operating 661 stores as of early 2026 nationally. It offers a wide range of products from packaged food, cosmetics, and household products to consumer electronics. The primary store formats include the Don Quijote discount stores, Mega Donki format, and general merchandise stores operated under the UNY brand. Overseas operations concentrate on North America and Southeast Asia. The group has acquired small supermarket chains in Hawaii and California in the US and also operates stores across Singapore and Hong Kong.
85GF Score

Get the complete analysis for FRA:QJE

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

€4.36
Price
€5.08
GF Value