Truck-One Co (FSE:3047) Cyclically Adjusted PB Ratio: 2.51 (As of Aug. 03, 2026) — 120% Above Median

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FSE:3047 Truck-One Co Ltd FSE:3047
61 GF Score
Price 円920.00
GF Value 円452.16
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Truck-One Co Cyclically Adjusted PB Ratio?

Truck-One Co FSE:3047 -8.73% 61 Cyclically Adjusted PB Ratio is 2.51 as of Aug. 03, 2026, which is 120% above its 10-year median of 1.14. GuruFocus rates FSE:3047 with a GF Score™ of 61/100 and a GF Value™ of 円452.16 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,015 Vehicles & Parts companies, Truck-One Co ranks worse than 74.19% on this metric.

As of today (2026-08-03), Truck-One Co's current share price is 円920.00. Truck-One Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was 円366.99. Truck-One Co's Cyclically Adjusted PB Ratio for today is 2.51.

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

FSE:3047' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.89   Med: 1.14   Max: 2.83
Current: 2.76

During the past years, Truck-One Co's highest Cyclically Adjusted PB Ratio was 2.83. The lowest was 0.89. And the median was 1.14.

FSE:3047's Cyclically Adjusted PB Ratio is ranked worse than
74.19% of 1015 companies
in the Vehicles & Parts industry
Industry Median: 1.25 vs FSE:3047: 2.76

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.

Truck-One Co's adjusted book value per share data for the three months ended in Dec. 2025 was 円646.158. 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 円366.99 for the trailing ten years ended in Dec. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Truck-One Co  (FSE:3047) 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.


Truck-One Co Cyclically Adjusted PB Ratio Related Terms


Truck-One Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Truck-One 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.

Truck-One Co Cyclically Adjusted PB Ratio Chart

Truck-One Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.99 1.26 1.16 1.36

Truck-One Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 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 0.97 1.06 1.18 1.36 0.00

FSE:3047 vs CVNA, PAG, KMX: Cyclically Adjusted PB Ratio Comparison

For the Auto & Truck Dealerships subindustry, Truck-One 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.


Truck-One Co Cyclically Adjusted PB Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Truck-One Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FSE:3047
61GF Score
Truck-One Co Ltd FSE:3047
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Truck-One 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.

Truck-One Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=920.00/366.99
=2.51

* 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.

Truck-One Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 is calculated as:

For example, Truck-One Co's adjusted Book Value per Share data for the three months ended in Dec. 2025 was:

Adj_Book=Book Value per Share/CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=646.158/113.0000*113.0000
=646.158

Current CPI (Dec. 2025) = 113.0000.

Truck-One Co Quarterly Data

Book Value per Share CPI Adj_Book
201512 239.780 98.100 276.199
201603 235.740 97.900 272.100
201606 242.944 98.100 279.844
201609 244.350 98.000 281.751
201612 247.190 98.400 283.867
201703 253.059 98.100 291.495
201706 252.660 98.500 289.854
201709 256.487 98.800 293.351
201712 262.796 99.400 298.752
201803 260.478 99.200 296.714
201806 264.264 99.200 301.027
201809 264.320 99.900 298.981
201812 272.461 99.700 308.807
201903 281.542 99.700 319.100
201906 289.567 99.800 327.866
201909 288.722 100.100 325.930
201912 285.872 100.500 321.428
202003 286.160 100.300 322.394
202006 290.216 99.900 328.272
202009 288.979 99.900 326.873
202012 289.967 99.300 329.973
202103 291.009 99.900 329.169
202106 299.842 99.500 340.524
202109 302.454 100.100 341.432
202112 314.378 100.100 354.892
202203 320.140 101.100 357.822
202206 331.155 101.800 367.589
202209 340.651 103.100 373.361
202212 356.308 104.100 386.770
202303 374.479 104.400 405.327
202306 386.158 105.200 414.789
202309 405.095 106.200 431.033
202312 403.425 106.800 426.845
202403 433.921 107.200 457.398
202406 469.569 108.200 490.400
202412 498.549 110.700 508.907
202503 521.000 111.100 529.910
202506 542.419 111.700 548.732
202509 588.750 112.000 594.007
202512 646.158 113.000 646.158

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 2.51 mean?
Truck-One Co (FSE:3047) has a Cyclically Adjusted PB Ratio of 2.51 as of Aug. 03, 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 Truck-One Co and its competitors. This is 120% above median its historical median of 1.14. Over the past decade, Truck-One Co's Cyclically Adjusted PB Ratio has ranged from 0.89 to 2.83. According to the industry distribution chart, Truck-One Co ranks #753 out of 1015 companies in the Vehicles & Parts industry, placing it in the top 74.2%.
Is Truck-One Co's Cyclically Adjusted PB Ratio too high?
Truck-One Co's current Cyclically Adjusted PB Ratio of 2.51 is 120% above median its 10-year median of 1.14. Over the past 10 years, this metric has ranged from a low of 0.89 to a high of 2.83. The Vehicles & Parts industry median Cyclically Adjusted PB Ratio is 1.25. Truck-One Co's value of 2.51 is 100.8% above this industry median. Based on the distribution chart, Truck-One Co ranks #753 out of 1015 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Truck-One Co has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Truck-One Co's Cyclically Adjusted PB Ratio compare to CVNA and PAG?
According to the Vehicles & Parts industry distribution chart, Truck-One Co ranks #753 out of 1015 companies for Cyclically Adjusted PB Ratio. This places Truck-One Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.25. Truck-One Co's value of 2.51 is 100.8% above this benchmark. Historically, Truck-One Co's own Cyclically Adjusted PB Ratio has ranged from 0.89 to 2.83 over the past decade. While the company's 10-year median is 1.14 vs. the industry median of 1.25, Truck-One 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 Vehicles & Parts company?
The median Cyclically Adjusted PB Ratio among Vehicles & Parts companies is 1.25, based on 1,015 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. Truck-One Co's current Cyclically Adjusted PB Ratio of 2.51 is 100.8% 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 Truck-One Co and its competitors. For the Vehicles & Parts industry, the median Cyclically Adjusted PB Ratio is 1.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Truck-One Co's current Cyclically Adjusted PB Ratio is 2.51, which is 120% 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 Truck-One Co stock overvalued right now?
Based on GuruFocus' analysis, Truck-One Co (FSE:3047) is currently considered Significantly Overvalued. The stock's GF Value™ is 円452.16, compared to a current price of 円920.00 — trading 103.5% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.51, which is 120% above median its 10-year median of 1.14 and 100.8% above the Vehicles & Parts industry median of 1.25. Truck-One Co's overall GF Score™ is 61/100 with 4 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 Truck-One Co (FSE:3047), the current Cyclically Adjusted PB Ratio is 2.51 as of Aug. 03, 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 Truck-One Co (FSE:3047) Overvalued in 2026?

Based on GuruFocus' analysis, Truck-One Co stock appears to be overvalued. The current stock price of 円920.00 is trading 103.5% above its estimated GF Value™ of 円452.16. GuruFocus considers Truck-One Co to be Significantly Overvalued.

Key valuation signals for FSE:3047:

  • Cyclically Adjusted PB Ratio: 2.51 (120% above median its 10-year median of 1.14)
  • GF Value™: 円452.16 vs. price of 円920.00 (103.5% above fair value)
  • GF Score™: 61/100 with 4 warning signs
  • Industry Position: 100.8% above the Vehicles & Parts median (#753 of 1015)

No single metric tells the full story. See the FSE:3047 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Truck-One Co Business Description

Address No. 3 No. 40 South Third Street Ikunoya, Kudamatsu, Yamaguchi, JPN, 744-0033
Truck-One Co Ltd is a Japanese firm. It is engaged in the purchase and sale of used vehicles. It also rents and repairs trucks. It offers trailer truck, dump truck, vehicle carrier, container truck, refrigerator truck, mixer truck, wing truck, tractor, and crane trucks.
61GF Score

Get the complete analysis for FSE:3047

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

円920.00
Price
円452.16
GF Value