Hirota Group Holdings Co (NGO:3346) Cyclically Adjusted PB Ratio: (As of Aug. 08, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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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:3346 Hirota Group Holdings Co Ltd NGO:3346
38 GF Score
Price 円82.00
GF Value 円34.89
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Hirota Group Holdings Co Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Hirota Group Holdings Co  (NGO:3346) 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.


Hirota Group Holdings Co Cyclically Adjusted PB Ratio Related Terms


Hirota Group Holdings Co Cyclically Adjusted PB Ratio Historical Data

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The historical data trend for Hirota Group Holdings 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.

Hirota Group Holdings Co Cyclically Adjusted PB Ratio Chart

Hirota Group Holdings Co 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 0.00 0.00 0.00 0.00 0.00

Hirota Group Holdings Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 0.00 0.00 0.00 0.00 0.00

NGO:3346 vs CASY, WSM, ULTA: Cyclically Adjusted PB Ratio Comparison

For the Specialty Retail subindustry, Hirota Group Holdings 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.


Hirota Group Holdings Co Cyclically Adjusted PB Ratio vs Retail - Cyclical Industry

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

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


NGO:3346
38GF Score
Hirota Group Holdings Co Ltd NGO:3346
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hirota Group Holdings 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.

Hirota Group Holdings Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar26 is calculated as:

For example, Hirota Group Holdings Co's adjusted Book Value per Share data for the fiscal year that ended in Mar26 was:

Adj_Book=Book Value per Share/CPI of Mar26 (Change)*Current CPI (Mar26)
=5.861/112.7000*112.7000
=5.861

Current CPI (Mar26) = 112.7000.

Hirota Group Holdings Co Annual Data

Book Value per Share CPI Adj_Book
201703 4.269 98.100 4.904
201803 7.804 99.200 8.866
201903 29.072 99.700 32.863
202003 -20.223 100.300 -22.723
202103 -44.516 99.900 -50.220
202203 7.196 101.100 8.022
202303 8.378 104.400 9.044
202403 -8.430 107.200 -8.863
202503 7.211 111.100 7.315
202603 5.861 112.700 5.861

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 Hirota Group Holdings Co (NGO:3346) Overvalued in 2026?

Based on GuruFocus' analysis, Hirota Group Holdings Co stock appears to be overvalued. The current stock price of 円82.00 is trading 135% above its estimated GF Value™ of 円34.89. GuruFocus considers Hirota Group Holdings Co to be Significantly Overvalued.

Key valuation signals for NGO:3346:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: 円34.89 vs. price of 円82.00 (135% above fair value)
  • GF Score™: 38/100 with 7 warning signs

No single metric tells the full story. See the NGO:3346 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hirota Group Holdings Co Business Description

Address 1-5-12 Uchikanda, 5th Floor, Kita Otemachi Square, Chiyoda-ku, Tokyo, JPN, 101-0047
Hirota Group Holdings Co Ltd is engaged in the sweets business and the beauty and healthcare business under a holding company structure. The Group has two reportable segments: the Sweets Business, which involves the manufacture, sale, and wholesale of Western and Japanese confectionery as well as frozen desserts, and the Beauty and Healthcare Business, which focuses on the sales of cosmetics and supplements, mainly at duty-free shops. It generates the majority of its revenue from the Sweets Business segment.
38GF Score

Get the complete analysis for NGO:3346

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

円82.00
Price
円34.89
GF Value