Espoir Co (NGO:3260) Cyclically Adjusted PB Ratio: 5.70 (As of Aug. 05, 2026) — 409% Above Median

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NGO:3260 Espoir Co Ltd NGO:3260
51 GF Score
Price 円698.00
GF Value 円951.63
Valuation Modestly Undervalued
! 8 Warning Signs
View Full Analysis

What is Espoir Co Cyclically Adjusted PB Ratio?

Espoir Co NGO:3260 -4.12% 51 Cyclically Adjusted PB Ratio is 5.70 as of Aug. 05, 2026, which is 409% above its 10-year median of 1.12. GuruFocus rates NGO:3260 with a GF Score™ of 51/100 and a GF Value™ of 円951.63 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 1,410 Real Estate companies, Espoir Co ranks worse than 96.67% on this metric.

As of today (2026-08-05), Espoir Co's current share price is 円698.00. Espoir Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Feb26 was 円122.54. Espoir Co's Cyclically Adjusted PB Ratio for today is 5.70.

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

NGO:3260' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.39   Med: 1.12   Max: 10.25
Current: 6.15

During the past 13 years, Espoir Co's highest Cyclically Adjusted PB Ratio was 10.25. The lowest was 0.39. And the median was 1.12.

NGO:3260's Cyclically Adjusted PB Ratio is ranked worse than
96.67% of 1410 companies
in the Real Estate industry
Industry Median: 0.69 vs NGO:3260: 6.15

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.

Espoir Co's adjusted book value per share data of for the fiscal year that ended in Feb26 was 円3.784. 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 円122.54 for the trailing ten years ended in Feb26.

Shiller PE for Stocks: The True Measure of Stock Valuation


Espoir Co  (NGO:3260) 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.


Espoir Co Cyclically Adjusted PB Ratio Related Terms


Espoir Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Espoir 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.

Espoir Co Cyclically Adjusted PB Ratio Chart

Espoir 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 1.22 1.48 1.44 7.24 5.74

Espoir Co Semi-Annual Data
Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 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 1.44 6.08 7.24 4.53 5.74

NGO:3260 vs CBRE, BEKE, JLL: Cyclically Adjusted PB Ratio Comparison

For the Real Estate Services subindustry, Espoir 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.


Espoir Co Cyclically Adjusted PB Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Espoir Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


NGO:3260
51GF Score
Espoir Co Ltd NGO:3260
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Espoir 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.

Espoir Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=698.00/122.54
=5.70

* 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.

Espoir Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Feb26 is calculated as:

For example, Espoir Co's adjusted Book Value per Share data for the fiscal year that ended in Feb26 was:

Adj_Book=Book Value per Share/CPI of Feb26 (Change)*Current CPI (Feb26)
=3.784/112.2000*112.2000
=3.784

Current CPI (Feb26) = 112.2000.

Espoir Co Annual Data

Book Value per Share CPI Adj_Book
201702 224.146 98.100 256.363
201802 242.611 99.500 273.577
201902 247.445 99.700 278.469
202002 222.988 100.300 249.444
202102 210.493 99.800 236.646
202202 193.251 100.700 215.320
202302 -271.975 104.000 -293.419
202402 12.049 106.900 12.646
202502 -7.297 110.800 -7.389
202602 3.784 112.200 3.784

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 5.70 mean?
Espoir Co (NGO:3260) has a Cyclically Adjusted PB Ratio of 5.70 as of Aug. 05, 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 Espoir Co and its competitors. This is 409% above median its historical median of 1.12. Over the past decade, Espoir Co's Cyclically Adjusted PB Ratio has ranged from 0.39 to 10.25. According to the industry distribution chart, Espoir Co ranks #1363 out of 1410 companies in the Real Estate industry, placing it in the top 96.7%.
Is Espoir Co's Cyclically Adjusted PB Ratio too high?
Espoir Co's current Cyclically Adjusted PB Ratio of 5.70 is 409% above median its 10-year median of 1.12. Over the past 10 years, this metric has ranged from a low of 0.39 to a high of 10.25. The Real Estate industry median Cyclically Adjusted PB Ratio is 0.69. Espoir Co's value of 5.70 is 726.1% above this industry median. Based on the distribution chart, Espoir Co ranks #1363 out of 1410 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Espoir Co has a GF Score™ of 51/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Espoir Co's Cyclically Adjusted PB Ratio compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Espoir Co ranks #1363 out of 1410 companies for Cyclically Adjusted PB Ratio. This places Espoir Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.69. Espoir Co's value of 5.70 is 726.1% above this benchmark. Historically, Espoir Co's own Cyclically Adjusted PB Ratio has ranged from 0.39 to 10.25 over the past decade. While the company's 10-year median is 1.12 vs. the industry median of 0.69, Espoir Co 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 Real Estate company?
The median Cyclically Adjusted PB Ratio among Real Estate companies is 0.69, based on 1,410 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. Espoir Co's current Cyclically Adjusted PB Ratio of 5.70 is 726.1% 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 Espoir Co and its competitors. For the Real Estate industry, the median Cyclically Adjusted PB Ratio is 0.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Espoir Co's current Cyclically Adjusted PB Ratio is 5.70, which is 409% above median its own 10-year median of 1.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Espoir Co stock overvalued right now?
Based on GuruFocus' analysis, Espoir Co (NGO:3260) is currently considered Modestly Undervalued. The stock's GF Value™ is 円951.63, compared to a current price of 円698.00 — trading 26.7% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 5.70, which is 409% above median its 10-year median of 1.12 and 726.1% above the Real Estate industry median of 0.69. Espoir Co's overall GF Score™ is 51/100 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 Espoir Co (NGO:3260), the current Cyclically Adjusted PB Ratio is 5.70 as of Aug. 05, 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 Espoir Co (NGO:3260) Overvalued in 2026?

Based on GuruFocus' analysis, Espoir Co stock appears to be undervalued. The current stock price of 円698.00 is trading 26.7% below its estimated GF Value™ of 円951.63. GuruFocus considers Espoir Co to be Modestly Undervalued.

Key valuation signals for NGO:3260:

  • Cyclically Adjusted PB Ratio: 5.70 (409% above median its 10-year median of 1.12)
  • GF Value™: 円951.63 vs. price of 円698.00 (26.7% below fair value)
  • GF Score™: 51/100 with 8 warning signs
  • Industry Position: 726.1% above the Real Estate median (#1363 of 1410)

No single metric tells the full story. See the NGO:3260 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Espoir Co Business Description

Address 15-1 Nanpeidaicho, Minami-daidai-cho 15-1 Lions Mansion, Shibuya-ku, Tokyo, JPN, 150-0036
Espoir Co Ltd provides real estate services. It manages plans and develops real estate properties. It sells residential properties, as well as commercial facilities. Its projects include Baytown Honmoku 5th Avenue, Espoir Court Kanamecho, Yaotome Koenzaka, Espoir City Sapporo, and Espoir Court Hirooka.
51GF Score

Get the complete analysis for NGO:3260

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

円698.00
Price
円951.63
GF Value