IUSDF (As One) Cyclically Adjusted PB Ratio: 2.50 (As of Jul. 09, 2026) — 33% Below Median


IUSDF As One Corp IUSDF
84 GF Score
Price $14.00
GF Value $18.49
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What is As One Cyclically Adjusted PB Ratio?

As One IUSDF 84 Cyclically Adjusted PB Ratio is 2.50 as of Jul. 09, 2026, which is 33% below its 10-year median of 3.72. GuruFocus rates IUSDF with a GF Score™ of 84/100 and a GF Value™ of $18.49. Among 92 Medical Distribution companies, As One ranks worse than 78.26% on this metric.

As of today (2026-07-09), As One's current share price is $14.00. As One's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $5.60. As One's Cyclically Adjusted PB Ratio for today is 2.50.

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

IUSDF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.29   Med: 3.72   Max: 7.15
Current: 2.64

During the past years, As One's highest Cyclically Adjusted PB Ratio was 7.15. The lowest was 2.29. And the median was 3.72.

IUSDF's Cyclically Adjusted PB Ratio is ranked worse than
78.26% of 92 companies
in the Medical Distribution industry
Industry Median: 1.195 vs IUSDF: 2.64

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.

As One's adjusted book value per share data for the three months ended in Mar. 2026 was $6.294. 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 $5.60 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


As One  (OTCPK:IUSDF) 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.


As One Cyclically Adjusted PB Ratio Related Terms


As One Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for As One'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.

As One Cyclically Adjusted PB Ratio Chart

As One 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 5.29 3.79 3.35 2.75 2.50

As One 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 2.75 2.91 2.84 2.74 2.50

IUSDF vs MCK, CAH, COR: Cyclically Adjusted PB Ratio Comparison

For the Medical Distribution subindustry, As One'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.


As One Cyclically Adjusted PB Ratio vs Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, As One's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


IUSDF
84GF Score
As One Corp IUSDF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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As One 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.

As One's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=14.00/5.60
=2.50

* 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.

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

For example, As One'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)
=6.294/112.7000*112.7000
=6.294

Current CPI (Mar. 2026) = 112.7000.

As One Quarterly Data

Book Value per Share CPI Adj_Book
201606 6.025 98.100 6.922
201609 6.239 98.000 7.175
201612 5.462 98.400 6.256
201703 5.840 98.100 6.709
201706 6.007 98.500 6.873
201709 6.074 98.800 6.929
201712 5.920 99.400 6.712
201803 6.592 99.200 7.489
201806 6.306 99.200 7.164
201809 6.245 99.900 7.045
201812 6.116 99.700 6.913
201903 6.417 99.700 7.254
201906 6.700 99.800 7.566
201909 6.948 100.100 7.823
201912 6.890 100.500 7.726
202003 7.027 100.300 7.896
202006 7.088 99.900 7.996
202009 7.569 99.900 8.539
202012 7.861 99.300 8.922
202103 7.725 99.900 8.715
202106 7.579 99.500 8.584
202109 7.877 100.100 8.869
202112 7.696 100.100 8.665
202203 7.461 101.100 8.317
202206 6.448 101.800 7.138
202209 6.235 103.100 6.816
202212 6.733 104.100 7.289
202303 6.612 104.400 7.138
202306 6.162 105.200 6.601
202309 6.014 106.200 6.382
202312 6.243 106.800 6.588
202403 6.027 107.200 6.336
202406 0.000 108.200 0.000
202409 6.407 108.900 6.631
202412 5.864 110.700 5.970
202503 6.246 111.100 6.336
202506 6.525 111.700 6.583
202509 6.613 112.000 6.654
202512 6.156 113.000 6.140
202603 6.294 112.700 6.294

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 2.50 mean?
As One (IUSDF) has a Cyclically Adjusted PB Ratio of 2.50 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 As One and its competitors. This is 33% below median its historical median of 3.72. Over the past decade, As One's Cyclically Adjusted PB Ratio has ranged from 2.29 to 7.15. According to the industry distribution chart, As One ranks #72 out of 92 companies in the Medical Distribution industry, placing it in the top 78.3%.
Is As One's Cyclically Adjusted PB Ratio too high?
As One's current Cyclically Adjusted PB Ratio of 2.50 is 33% below median its 10-year median of 3.72. Over the past 10 years, this metric has ranged from a low of 2.29 to a high of 7.15. The Medical Distribution industry median Cyclically Adjusted PB Ratio is 1.20. As One's value of 2.50 is 109.2% above this industry median. Based on the distribution chart, As One ranks #72 out of 92 companies in the Medical Distribution industry, which is in the bottom quartile relative to peers. Overall, As One has a GF Score™ of 84/100, reflecting its overall financial health beyond just this single metric.
How does As One's Cyclically Adjusted PB Ratio compare to MCK and CAH?
According to the Medical Distribution industry distribution chart, As One ranks #72 out of 92 companies for Cyclically Adjusted PB Ratio. This places As One in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.20. As One's value of 2.50 is 109.2% above this benchmark. Historically, As One's own Cyclically Adjusted PB Ratio has ranged from 2.29 to 7.15 over the past decade. While the company's 10-year median is 3.72 vs. the industry median of 1.20, As One 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 Medical Distribution company?
The median Cyclically Adjusted PB Ratio among Medical Distribution companies is 1.20, based on 92 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. As One's current Cyclically Adjusted PB Ratio of 2.50 is 109.2% 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 As One and its competitors. For the Medical Distribution industry, the median Cyclically Adjusted PB Ratio is 1.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. As One's current Cyclically Adjusted PB Ratio is 2.50, which is 33% below median its own 10-year median of 3.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is As One stock overvalued right now?
As One (IUSDF) has a current Cyclically Adjusted PB Ratio of 2.50. The stock's GF Value™ is $18.49, compared to a current price of $14.00 — trading 24.3% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.50, which is 33% below median its 10-year median of 3.72 and 109.2% above the Medical Distribution industry median of 1.20. As One's overall GF Score™ is 84/100. 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 As One (IUSDF), the current Cyclically Adjusted PB Ratio is 2.50 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 As One (IUSDF) Overvalued in 2026?

Based on GuruFocus' analysis, As One stock appears to be undervalued. The current stock price of $14.00 is trading 24.3% below its estimated GF Value™ of $18.49.

Key valuation signals for IUSDF:

  • Cyclically Adjusted PB Ratio: 2.50 (33% below median its 10-year median of 3.72)
  • GF Value™: $18.49 vs. price of $14.00 (24.3% below fair value)
  • GF Score™: 84/100
  • Industry Position: 109.2% above the Medical Distribution median (#72 of 92)

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


As One Business Description

Other Exchanges 7476:Japan
Address Edobori 2-1-27 Nishi-ku, Osaka, JPN
As One Corp is a trading engaged in sale of scientific instruments, industrial instruments, hospital or nursing instruments and approach to specialized fields. The company generates maximum revenue from scientific instrument product line which includes measuring instruments; cultivation, separation, analysis products such as microscopes, glass slides, and tissue culture products; Equipment / storage / conveyance products such as experimental platforms, fume hoods; Vessels or containers which includes storage of samples, reagents; Necessities for experiments including glass or plastic beakers, flask indispensable for experiments, hoses, tubes, joints, plus paper products such as tapes and labels; Equipment for laboratories like timers, packaging machines, tools, office supplies.
84GF Score

Get the complete analysis for IUSDF

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

$14.00
Price
$18.49
GF Value