FUJHF (Subaru) Cyclically Adjusted PB Ratio: 0.89 (As of Aug. 07, 2026) — 37% Below Median

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Director of Data and Quant Analytics at GuruFocus
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FUJHF Subaru Corp FUJHF
77 GF Score
Price $16.20
GF Value $19.92
Valuation Modestly Undervalued
! 8 Warning Signs
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What is Subaru Cyclically Adjusted PB Ratio?

Subaru FUJHF +3.51% 77 Cyclically Adjusted PB Ratio is 0.89 as of Aug. 07, 2026, which is 37% below its 10-year median of 1.42. GuruFocus rates FUJHF with a GF Score™ of 77/100 and a GF Value™ of $19.92 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 1,010 Vehicles & Parts companies, Subaru ranks better than 63.37% on this metric.

As of today (2026-08-07), Subaru's current share price is $16.20. Subaru's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $18.12. Subaru's Cyclically Adjusted PB Ratio for today is 0.89.

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

FUJHF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.84   Med: 1.42   Max: 5.71
Current: 0.89

During the past years, Subaru's highest Cyclically Adjusted PB Ratio was 5.71. The lowest was 0.84. And the median was 1.42.

FUJHF's Cyclically Adjusted PB Ratio is ranked better than
63.37% of 1010 companies
in the Vehicles & Parts industry
Industry Median: 1.26 vs FUJHF: 0.89

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.

Subaru's adjusted book value per share data for the three months ended in Mar. 2026 was $24.491. 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 $18.12 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Subaru  (OTCPK:FUJHF) 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.


Subaru Cyclically Adjusted PB Ratio Related Terms


Subaru Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Subaru'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.

Subaru Cyclically Adjusted PB Ratio Chart

Subaru 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 1.12 1.06 1.53 1.03 0.88

Subaru 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 1.03 0.95 1.12 1.22 0.88

FUJHF vs TSLA, GM, F: Cyclically Adjusted PB Ratio Comparison

For the Auto Manufacturers subindustry, Subaru'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.


Subaru Cyclically Adjusted PB Ratio vs Vehicles & Parts Industry

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

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


FUJHF
77GF Score
Subaru Corp FUJHF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Subaru 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.

Subaru's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=16.20/18.12
=0.89

* 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.

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

For example, Subaru'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)
=24.491/112.7000*112.7000
=24.491

Current CPI (Mar. 2026) = 112.7000.

Subaru Quarterly Data

Book Value per Share CPI Adj_Book
201606 16.223 98.100 18.637
201609 17.377 98.000 19.984
201612 15.707 98.400 17.990
201703 16.849 98.100 19.357
201706 17.507 98.500 20.031
201709 17.638 98.800 20.119
201712 17.475 99.400 19.813
201803 19.098 99.200 21.697
201806 18.453 99.200 20.964
201809 18.261 99.900 20.601
201812 18.287 99.700 20.671
201903 19.740 99.700 22.314
201906 20.273 99.800 22.893
201909 20.406 100.100 22.975
201912 20.107 100.500 22.548
202003 20.747 100.300 23.312
202006 20.375 99.900 22.986
202009 21.035 99.900 23.730
202012 21.638 99.300 24.558
202103 21.326 99.900 24.058
202106 21.120 99.500 23.922
202109 21.525 100.100 24.234
202112 21.030 100.100 23.677
202203 20.792 101.100 23.178
202206 19.211 101.800 21.268
202209 18.687 103.100 20.427
202212 19.683 104.100 21.309
202303 20.494 104.400 22.123
202306 20.590 105.200 22.058
202309 20.714 106.200 21.982
202312 21.915 106.800 23.126
202403 22.757 107.200 23.925
202406 22.391 108.200 23.322
202409 24.249 108.900 25.095
202412 24.588 110.700 25.032
202503 24.912 111.100 25.271
202506 25.507 111.700 25.735
202509 25.696 112.000 25.857
202512 24.643 113.000 24.578
202603 24.491 112.700 24.491

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 0.89 mean?
Subaru (FUJHF) has a Cyclically Adjusted PB Ratio of 0.89 as of Aug. 07, 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 Subaru and its competitors. This is 37% below median its historical median of 1.42. Over the past decade, Subaru's Cyclically Adjusted PB Ratio has ranged from 0.84 to 5.71. According to the industry distribution chart, Subaru ranks #370 out of 1010 companies in the Vehicles & Parts industry, placing it in the top 36.6%.
Is Subaru's Cyclically Adjusted PB Ratio too high?
Subaru's current Cyclically Adjusted PB Ratio of 0.89 is 37% below median its 10-year median of 1.42. Over the past 10 years, this metric has ranged from a low of 0.84 to a high of 5.71. The Vehicles & Parts industry median Cyclically Adjusted PB Ratio is 1.26. Subaru's value of 0.89 is 29.4% below this industry median. Based on the distribution chart, Subaru ranks #370 out of 1010 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Subaru has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Subaru's Cyclically Adjusted PB Ratio compare to TSLA and GM?
According to the Vehicles & Parts industry distribution chart, Subaru ranks #370 out of 1010 companies for Cyclically Adjusted PB Ratio. This puts Subaru in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.26. Subaru's value of 0.89 is 29.4% below this benchmark. Historically, Subaru's own Cyclically Adjusted PB Ratio has ranged from 0.84 to 5.71 over the past decade. While the company's 10-year median is 1.42 vs. the industry median of 1.26, Subaru 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 a Vehicles & Parts company?
The median Cyclically Adjusted PB Ratio among Vehicles & Parts companies is 1.26, based on 1,010 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. Subaru's current Cyclically Adjusted PB Ratio of 0.89 is 29.4% 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 Subaru and its competitors. For the Vehicles & Parts industry, the median Cyclically Adjusted PB Ratio is 1.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Subaru's current Cyclically Adjusted PB Ratio is 0.89, which is 37% below median its own 10-year median of 1.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Subaru stock overvalued right now?
Based on GuruFocus' analysis, Subaru (FUJHF) is currently considered Modestly Undervalued. The stock's GF Value™ is $19.92, compared to a current price of $16.20 — trading 18.7% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.89, which is 37% below median its 10-year median of 1.42 and 29.4% below the Vehicles & Parts industry median of 1.26. Subaru's overall GF Score™ is 77/100 with 8 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 Subaru (FUJHF), the current Cyclically Adjusted PB Ratio is 0.89 as of Aug. 07, 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 Subaru (FUJHF) Overvalued in 2026?

Based on GuruFocus' analysis, Subaru stock appears to be undervalued. The current stock price of $16.20 is trading 18.7% below its estimated GF Value™ of $19.92. GuruFocus considers Subaru to be Modestly Undervalued.

Key valuation signals for FUJHF:

  • Cyclically Adjusted PB Ratio: 0.89 (37% below median its 10-year median of 1.42)
  • GF Value™: $19.92 vs. price of $16.20 (18.7% below fair value)
  • GF Score™: 77/100 with 8 warning signs
  • Industry Position: 29.4% below the Vehicles & Parts median (#370 of 1010)

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


Subaru Business Description

Address 1-20-8 Ebisu, Ebisu Subaru Building, Shibuya-ku, Tokyo, JPN, 150-8554
Subaru Corp is a Japan-based company engaged in the automobile manufacturing business. The company operates through three segments: Automobile Business Unit, Aerospace, and Other Businesses. The Aerospace segment manufactures, sells, and repairs aircraft, space-related equipment, and parts. The Automobile segment manufactures, sells, and repairs automobiles and their parts, while also engaging in joint development of sports cars and electric vehicles with Toyota Motor Corporation, and receiving OEM supply of mini and compact cars from Daihatsu Motor. The Others segment is engaged in real estate leasing. It generates the majority of its revenue from the Automobile segment.
77GF Score

Get the complete analysis for FUJHF

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

$16.20
Price
$19.92
GF Value