HSKCF (HASEKO) Cyclically Adjusted PB Ratio: 2.63 (As of Jul. 09, 2026) — 44% Above Median


HSKCF HASEKO Corp HSKCF
77 GF Score
Price $17.62
GF Value $10.28
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is HASEKO Cyclically Adjusted PB Ratio?

HASEKO HSKCF +2.35% 77 Cyclically Adjusted PB Ratio is 2.63 as of Jul. 09, 2026, which is 44% above its 10-year median of 1.83. GuruFocus rates HSKCF with a GF Score™ of 77/100 and a GF Value™ of $10.28 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 74 Homebuilding & Construction companies, HASEKO ranks worse than 66.22% on this metric.

As of today (2026-07-09), HASEKO's current share price is $17.62. HASEKO's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $6.71. HASEKO's Cyclically Adjusted PB Ratio for today is 2.63.

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

HSKCF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.41   Med: 1.83   Max: 3.91
Current: 1.86

During the past years, HASEKO's highest Cyclically Adjusted PB Ratio was 3.91. The lowest was 1.41. And the median was 1.83.

HSKCF's Cyclically Adjusted PB Ratio is ranked worse than
66.22% of 74 companies
in the Homebuilding & Construction industry
Industry Median: 1.095 vs HSKCF: 1.86

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.

HASEKO's adjusted book value per share data for the three months ended in Mar. 2026 was $13.400. 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 $6.71 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


HASEKO  (OTCPK:HSKCF) 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.


HASEKO Cyclically Adjusted PB Ratio Related Terms


HASEKO Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for HASEKO'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.

HASEKO Cyclically Adjusted PB Ratio Chart

HASEKO 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 1.61 1.50 1.60 1.44 1.90

HASEKO 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 1.44 1.54 1.75 2.09 1.90

HSKCF vs DHI, PHM, LEN: Cyclically Adjusted PB Ratio Comparison

For the Residential Construction subindustry, HASEKO'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.


HASEKO Cyclically Adjusted PB Ratio vs Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, HASEKO's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


HSKCF
77GF Score
HASEKO Corp HSKCF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

HASEKO 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=17.62/6.71
=2.63

* 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.

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

For example, HASEKO'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)
=13.4/112.7000*112.7000
=13.400

Current CPI (Mar. 2026) = 112.7000.

HASEKO Quarterly Data

Book Value per Share CPI Adj_Book
201606 5.946 98.100 6.831
201609 6.537 98.000 7.518
201612 6.221 98.400 7.125
201703 7.007 98.100 8.050
201706 7.269 98.500 8.317
201709 7.710 98.800 8.795
201712 7.913 99.400 8.972
201803 9.387 99.200 10.664
201806 9.156 99.200 10.402
201809 9.890 99.900 11.157
201812 10.298 99.700 11.641
201903 11.104 99.700 12.552
201906 11.103 99.800 12.538
201909 11.701 100.100 13.174
201912 11.717 100.500 13.139
202003 12.293 100.300 13.813
202006 12.109 99.900 13.661
202009 12.786 99.900 14.424
202012 13.025 99.300 14.783
202103 13.118 99.900 14.799
202106 12.811 99.500 14.511
202109 13.271 100.100 14.941
202112 12.912 100.100 14.537
202203 12.825 101.100 14.297
202206 11.491 101.800 12.721
202209 11.210 103.100 12.254
202212 12.061 104.100 13.057
202303 12.466 104.400 13.457
202306 11.986 105.200 12.841
202309 12.028 106.200 12.764
202312 12.446 106.800 13.134
202403 12.510 107.200 13.152
202406 0.000 108.200 0.000
202409 13.577 108.900 14.051
202412 12.034 110.700 12.251
202503 13.086 111.100 13.274
202506 13.382 111.700 13.502
202509 13.320 112.000 13.403
202512 12.808 113.000 12.774
202603 13.400 112.700 13.400

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 2.63 mean?
HASEKO (HSKCF) has a Cyclically Adjusted PB Ratio of 2.63 as of Jul. 09, 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 HASEKO and its competitors. This is 44% above median its historical median of 1.83. Over the past decade, HASEKO's Cyclically Adjusted PB Ratio has ranged from 1.41 to 3.91. According to the industry distribution chart, HASEKO ranks #49 out of 74 companies in the Homebuilding & Construction industry, placing it in the top 66.2%.
Is HASEKO's Cyclically Adjusted PB Ratio too high?
HASEKO's current Cyclically Adjusted PB Ratio of 2.63 is 44% above median its 10-year median of 1.83. Over the past 10 years, this metric has ranged from a low of 1.41 to a high of 3.91. The Homebuilding & Construction industry median Cyclically Adjusted PB Ratio is 1.10. HASEKO's value of 2.63 is 140.2% above this industry median. Based on the distribution chart, HASEKO ranks #49 out of 74 companies in the Homebuilding & Construction industry, which is below the industry midpoint. Overall, HASEKO has a GF Score™ of 77/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does HASEKO's Cyclically Adjusted PB Ratio compare to DHI and PHM?
According to the Homebuilding & Construction industry distribution chart, HASEKO ranks #49 out of 74 companies for Cyclically Adjusted PB Ratio. This places HASEKO in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.10. HASEKO's value of 2.63 is 140.2% above this benchmark. Historically, HASEKO's own Cyclically Adjusted PB Ratio has ranged from 1.41 to 3.91 over the past decade. While the company's 10-year median is 1.83 vs. the industry median of 1.10, HASEKO 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 Homebuilding & Construction company?
The median Cyclically Adjusted PB Ratio among Homebuilding & Construction companies is 1.10, based on 74 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. HASEKO's current Cyclically Adjusted PB Ratio of 2.63 is 140.2% 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 HASEKO and its competitors. For the Homebuilding & Construction industry, the median Cyclically Adjusted PB Ratio is 1.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HASEKO's current Cyclically Adjusted PB Ratio is 2.63, which is 44% above median its own 10-year median of 1.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HASEKO stock overvalued right now?
Based on GuruFocus' analysis, HASEKO (HSKCF) is currently considered Significantly Overvalued. The stock's GF Value™ is $10.28, compared to a current price of $17.62 — trading 71.4% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.63, which is 44% above median its 10-year median of 1.83 and 140.2% above the Homebuilding & Construction industry median of 1.10. HASEKO's overall GF Score™ is 77/100 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 HASEKO (HSKCF), the current Cyclically Adjusted PB Ratio is 2.63 as of Jul. 09, 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 HASEKO (HSKCF) Overvalued in 2026?

Based on GuruFocus' analysis, HASEKO stock appears to be overvalued. The current stock price of $17.62 is trading 71.4% above its estimated GF Value™ of $10.28. GuruFocus considers HASEKO to be Significantly Overvalued.

Key valuation signals for HSKCF:

  • Cyclically Adjusted PB Ratio: 2.63 (44% above median its 10-year median of 1.83)
  • GF Value™: $10.28 vs. price of $17.62 (71.4% above fair value)
  • GF Score™: 77/100 with 3 warning signs
  • Industry Position: 140.2% above the Homebuilding & Construction median (#49 of 74)

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


HASEKO Business Description

Other Exchanges HSSKY:USA1808:Japan
Address 2-32-1 Shiba, Minato-ku, Tokyo, JPN, 105-8507
HASEKO Corp is a Japanese construction company specializing in residential condominium construction. The group operates through four reportable segments: Construction related business, which focuses on new housing supply; Real estate related business, which sells and rents real estate; Service related business, which manages existing housing related operations; and Overseas related business, which develops and sells real estate overseas. It generates the majority of its revenue from the Construction related business segment.
77GF Score

Get the complete analysis for HSKCF

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

$17.62
Price
$10.28
GF Value