HSSKY (HASEKO) Cyclically Adjusted PB Ratio: (As of Jul. 20, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

HSSKY HASEKO Corp HSSKY
61 GF Score
Price $17.86
GF Value $14.80
Valuation Modestly Overvalued
! 3 Warning Signs
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What is HASEKO Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


HASEKO  (OTCPK:HSSKY) 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

HSSKY 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.


HSSKY
61GF Score
HASEKO Corp HSSKY
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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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 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.

Is HASEKO (HSSKY) Overvalued in 2026?

Based on GuruFocus' analysis, HASEKO stock appears to be overvalued. The current stock price of $17.86 is trading 20.7% above its estimated GF Value™ of $14.80. GuruFocus considers HASEKO to be Modestly Overvalued.

Key valuation signals for HSSKY:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: $14.80 vs. price of $17.86 (20.7% above fair value)
  • GF Score™: 61/100 with 3 warning signs

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


HASEKO Business Description

Other Exchanges HSKCF: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.
61GF Score

Get the complete analysis for HSSKY

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

$17.86
Price
$14.80
GF Value