Wacoal Holdings (FRA:WA5) Cyclically Adjusted PB Ratio: 1.15 (As of Jul. 30, 2026) — 17% Above Median

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FRA:WA5 Wacoal Holdings Corp FRA:WA5
65 GF Score
Price €24.20
GF Value €26.00
Valuation Fairly Valued
! 3 Warning Signs
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What is Wacoal Holdings Cyclically Adjusted PB Ratio?

Wacoal Holdings FRA:WA5 -0.82% 65 Cyclically Adjusted PB Ratio is 1.15 as of Jul. 30, 2026, which is 17% above its 10-year median of 0.98. GuruFocus rates FRA:WA5 with a GF Score™ of 65/100 and a GF Value™ of €26.00 (Fairly Valued). The stock has 3 warning signs investors should review. Among 866 Manufacturing - Apparel & Accessories companies, Wacoal Holdings ranks worse than 55.54% on this metric.

As of today (2026-07-30), Wacoal Holdings's current share price is €24.20. Wacoal Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €21.00. Wacoal Holdings's Cyclically Adjusted PB Ratio for today is 1.15.

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

FRA:WA5' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.55   Med: 0.98   Max: 1.57
Current: 1.14

During the past years, Wacoal Holdings's highest Cyclically Adjusted PB Ratio was 1.57. The lowest was 0.55. And the median was 0.98.

FRA:WA5's Cyclically Adjusted PB Ratio is ranked worse than
55.54% of 866 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.965 vs FRA:WA5: 1.14

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.

Wacoal Holdings's adjusted book value per share data for the three months ended in Mar. 2026 was €23.111. 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 €21.00 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Wacoal Holdings  (FRA:WA5) 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.


Wacoal Holdings Cyclically Adjusted PB Ratio Related Terms


Wacoal Holdings Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Wacoal 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.

Wacoal Holdings Cyclically Adjusted PB Ratio Chart

Wacoal Holdings 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 0.57 0.73 1.03 1.36 1.03

Wacoal Holdings 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 1.36 1.31 1.48 1.15 1.03

FRA:WA5 vs RL, LEVI, VFC: Cyclically Adjusted PB Ratio Comparison

For the Apparel Manufacturing subindustry, Wacoal 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.


Wacoal Holdings Cyclically Adjusted PB Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Wacoal Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FRA:WA5
65GF Score
Wacoal Holdings Corp FRA:WA5
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Wacoal 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.

Wacoal Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=24.20/21.00
=1.15

* 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.

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

For example, Wacoal Holdings'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)
=23.111/112.7000*112.7000
=23.111

Current CPI (Mar. 2026) = 112.7000.

Wacoal Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201606 25.989 98.100 29.857
201609 27.209 98.000 31.290
201612 26.810 98.400 30.706
201703 27.467 98.100 31.555
201706 26.903 98.500 30.781
201709 13.003 98.800 14.832
201712 26.209 99.400 29.716
201803 26.418 99.200 30.013
201806 27.302 99.200 31.017
201809 27.579 99.900 31.113
201812 27.039 99.700 30.565
201903 26.448 99.700 29.897
201906 26.802 99.800 30.266
201909 28.288 100.100 31.849
201912 28.149 100.500 31.566
202003 27.663 100.300 31.083
202006 26.309 99.900 29.680
202009 26.354 99.900 29.731
202012 26.202 99.300 29.738
202103 26.693 99.900 30.113
202106 26.102 99.500 29.565
202109 26.983 100.100 30.379
202112 27.351 100.100 30.794
202203 27.161 101.100 30.277
202206 25.858 101.800 28.627
202209 26.335 103.100 28.787
202212 24.827 104.100 26.878
202303 25.318 104.400 27.331
202306 24.865 105.200 26.638
202309 23.647 106.200 25.094
202312 23.613 106.800 24.917
202403 23.622 107.200 24.834
202406 23.032 108.200 23.990
202409 24.074 108.900 24.914
202412 24.016 110.700 24.450
202503 23.070 111.100 23.402
202506 23.829 111.700 24.042
202509 23.199 112.000 23.344
202512 22.778 113.000 22.718
202603 23.111 112.700 23.111

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 1.15 mean?
Wacoal Holdings (FRA:WA5) has a Cyclically Adjusted PB Ratio of 1.15 as of Jul. 30, 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 Wacoal Holdings and its competitors. This is 17% above median its historical median of 0.98. Over the past decade, Wacoal Holdings' Cyclically Adjusted PB Ratio has ranged from 0.55 to 1.57. According to the industry distribution chart, Wacoal Holdings ranks #481 out of 866 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 55.5%.
Is Wacoal Holdings' Cyclically Adjusted PB Ratio too high?
Wacoal Holdings' current Cyclically Adjusted PB Ratio of 1.15 is 17% above median its 10-year median of 0.98. Over the past 10 years, this metric has ranged from a low of 0.55 to a high of 1.57. The Manufacturing - Apparel & Accessories industry median Cyclically Adjusted PB Ratio is 0.97. Wacoal Holdings' value of 1.15 is 19.2% above this industry median. Based on the distribution chart, Wacoal Holdings ranks #481 out of 866 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Wacoal Holdings has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Wacoal Holdings' Cyclically Adjusted PB Ratio compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Wacoal Holdings ranks #481 out of 866 companies for Cyclically Adjusted PB Ratio. This places Wacoal Holdings in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.97. Wacoal Holdings' value of 1.15 is 19.2% above this benchmark. Historically, Wacoal Holdings' own Cyclically Adjusted PB Ratio has ranged from 0.55 to 1.57 over the past decade. While the company's 10-year median is 0.98 vs. the industry median of 0.97, Wacoal 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 Manufacturing - Apparel & Accessories company?
The median Cyclically Adjusted PB Ratio among Manufacturing - Apparel & Accessories companies is 0.97, based on 866 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. Wacoal Holdings's current Cyclically Adjusted PB Ratio of 1.15 is 19.2% 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 Wacoal Holdings and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Cyclically Adjusted PB Ratio is 0.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wacoal Holdings's current Cyclically Adjusted PB Ratio is 1.15, which is 17% above median its own 10-year median of 0.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wacoal Holdings stock overvalued right now?
Based on GuruFocus' analysis, Wacoal Holdings (FRA:WA5) is currently considered Fairly Valued. The stock's GF Value™ is €26.00, compared to a current price of €24.20 — trading 6.9% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.15, which is 17% above median its 10-year median of 0.98 and 19.2% above the Manufacturing - Apparel & Accessories industry median of 0.97. Wacoal Holdings' overall GF Score™ is 65/100 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 Wacoal Holdings (FRA:WA5), the current Cyclically Adjusted PB Ratio is 1.15 as of Jul. 30, 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 Wacoal Holdings (FRA:WA5) Overvalued in 2026?

Based on GuruFocus' analysis, Wacoal Holdings stock appears to be undervalued. The current stock price of €24.20 is trading 6.9% below its estimated GF Value™ of €26.00. GuruFocus considers Wacoal Holdings to be Fairly Valued.

Key valuation signals for FRA:WA5:

  • Cyclically Adjusted PB Ratio: 1.15 (17% above median its 10-year median of 0.98)
  • GF Value™: €26.00 vs. price of €24.20 (6.9% below fair value)
  • GF Score™: 65/100 with 3 warning signs
  • Industry Position: 19.2% above the Manufacturing - Apparel & Accessories median (#481 of 866)

No single metric tells the full story. See the FRA:WA5 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Wacoal Holdings Business Description

Other Exchanges WACLY:USA3591:Japan
Address 29, Nakajima-cho, Kisshoin, Minami-ku, Kyoto, JPN, 601-8530
Wacoal Holdings Corp primarily manufactures and sells women's intimate apparel under the Wacoal brand. Roughly three fourths of its sales are from women's foundation garments and lingerie, which includes brassieres, girdles, slips, and women's briefs. Other innerwear includes nightwear, hosiery, and children's underwear. Remaining sales consist of outerwear and sportswear, textile products, and nonapparel businesses. Wacoal sells most of its apparel wholesale to department stores and other retailers. Less than a fourth of its apparel sales are direct to the customer via its retail stores, catalog sales, and internet orders. The vast majority of Wacoal's sales are in Japan. It also has sales in China, Europe, and the United States.
65GF Score

Get the complete analysis for FRA:WA5

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

€24.20
Price
€26.00
GF Value