Gfoot Co (NGO:2686) Cyclically Adjusted PB Ratio: (As of Sep. 21, 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.

NGO:2686 Gfoot Co Ltd NGO:2686
28 GF Score
Price 円297.00
GF Value 円248.82
! 5 Warning Signs
View Full Analysis

What is Gfoot Co Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Gfoot Co  (NGO:2686) 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.


Gfoot Co Cyclically Adjusted PB Ratio Related Terms


Gfoot Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Gfoot 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.

Gfoot Co Cyclically Adjusted PB Ratio Chart

Gfoot Co Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.96 1.08 0.86 1.09 1.80

Gfoot Co Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
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 0.93 0.99 1.11 1.21 1.36

NGO:2686 vs TJX, ROST, BURL: Cyclically Adjusted PB Ratio Comparison

For the Apparel Retail subindustry, Gfoot 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.


Gfoot Co Cyclically Adjusted PB Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Gfoot Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


NGO:2686
28GF Score
Gfoot Co Ltd NGO:2686
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Gfoot 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.

Gfoot Co's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2026 is calculated as:

For example, Gfoot Co's adjusted Book Value per Share data for the three months ended in Feb. 2026 was:

Adj_Book=Book Value per Share/CPI of Feb. 2026 (Change)*Current CPI (Feb. 2026)
=-325.569/112.2000*112.2000
=-325.569

Current CPI (Feb. 2026) = 112.2000.

Gfoot Co Quarterly Data

Book Value per Share CPI Adj_Book
201605 587.949 98.200 671.771
201608 593.993 97.900 680.756
201611 596.392 98.600 678.653
201702 607.774 98.100 695.130
201705 618.216 98.600 703.487
201708 614.430 98.500 699.889
201711 615.886 99.100 697.300
201802 609.349 99.500 687.125
201805 609.188 99.300 688.327
201808 593.628 99.800 667.385
201811 568.735 100.000 638.121
201902 542.384 99.700 610.386
201905 538.905 100.000 604.651
201908 523.085 100.000 586.901
201911 497.981 100.500 555.955
202002 416.226 100.300 465.609
202005 308.520 100.100 345.814
202008 246.393 100.100 276.177
202011 204.575 99.500 230.687
202102 103.255 99.800 116.084
202105 77.635 99.400 87.632
202108 30.321 99.700 34.123
202111 -8.955 100.100 -10.037
202202 53.614 100.700 59.737
202205 40.616 101.800 44.765
202208 4.066 102.700 4.442
202211 -27.406 103.900 -29.595
202302 -191.539 104.000 -206.641
202305 -190.506 105.100 -203.376
202308 -210.008 105.900 -222.501
202311 -216.070 106.900 -226.783
202402 -229.225 106.900 -240.590
202405 -106.778 108.100 -110.828
202408 -115.306 109.100 -118.582
202411 -245.577 110.000 -250.489
202502 -248.916 110.800 -252.061
202505 -249.269 111.800 -250.161
202508 -270.951 112.100 -271.193
202511 -292.705 113.200 -290.119
202602 -325.569 112.200 -325.569

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 Gfoot Co (NGO:2686) Overvalued in 2026?

Based on GuruFocus' analysis, Gfoot Co stock appears to be overvalued. The current stock price of 円297.00 is trading 19.4% above its estimated GF Value™ of 円248.82.

Key valuation signals for NGO:2686:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: 円248.82 vs. price of 円297.00 (19.4% above fair value)
  • GF Score™: 28/100 with 5 warning signs

No single metric tells the full story. See the NGO:2686 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Gfoot Co Business Description

Other Exchanges 2686:Japan
Address 1-14-1 Shinkawa, Kokukan Building, Shinkawa East, Chuo-ku, Tokyo, JPN
Gfoot Co Ltd operates a shoe store chain. It offers sports shoes, children shoes, athletic shoes and women and men shoes. The company also provides shoe repair supplies and services. It sells its products under the brand name Asbee, Green box, heal me, Asbie Kids, and others.
28GF Score

Get the complete analysis for NGO:2686

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

円297.00
Price
円248.82
GF Value