Taiho Transportation (NGO:9040) Cyclically Adjusted PB Ratio: 0.46 (As of Aug. 04, 2026) — 15% Above Median

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NGO:9040 Taiho Transportation NGO:9040
65 GF Score
Price 円4,170.00
GF Value 円3,935.55
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Taiho Transportation Cyclically Adjusted PB Ratio?

Taiho Transportation NGO:9040 -1.30% 65 Cyclically Adjusted PB Ratio is 0.46 as of Aug. 04, 2026, which is 15% above its 10-year median of 0.40. GuruFocus rates NGO:9040 with a GF Score™ of 65/100 and a GF Value™ of 円3,935.55 (Fairly Valued). The stock has 4 warning signs investors should review. Among 737 Transportation companies, Taiho Transportation ranks better than 86.16% on this metric.

As of today (2026-08-04), Taiho Transportation's current share price is 円4170.00. Taiho Transportation's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar26 was 円9,082.08. Taiho Transportation's Cyclically Adjusted PB Ratio for today is 0.46.

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

NGO:9040' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.32   Med: 0.4   Max: 0.48
Current: 0.46

During the past 13 years, Taiho Transportation's highest Cyclically Adjusted PB Ratio was 0.48. The lowest was 0.32. And the median was 0.40.

NGO:9040's Cyclically Adjusted PB Ratio is ranked better than
86.16% of 737 companies
in the Transportation industry
Industry Median: 1.27 vs NGO:9040: 0.46

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.

Taiho Transportation's adjusted book value per share data of for the fiscal year that ended in Mar26 was 円9,159.127. 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9,082.08 for the trailing ten years ended in Mar26.

Shiller PE for Stocks: The True Measure of Stock Valuation


Taiho Transportation  (NGO:9040) 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.


Taiho Transportation Cyclically Adjusted PB Ratio Related Terms


Taiho Transportation Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Taiho Transportation'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.

Taiho Transportation Cyclically Adjusted PB Ratio Chart

Taiho Transportation 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 0.37 0.39 0.44 0.42 0.44

Taiho Transportation 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 0.44 0.40 0.42 0.43 0.44

NGO:9040 vs ODFL, XPO, KNX: Cyclically Adjusted PB Ratio Comparison

For the Trucking subindustry, Taiho Transportation'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.


Taiho Transportation Cyclically Adjusted PB Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, Taiho Transportation's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


NGO:9040
65GF Score
Taiho Transportation NGO:9040
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Taiho Transportation 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.

Taiho Transportation's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4170.00/9082.08
=0.46

* 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.

Taiho Transportation's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar26 is calculated as:

For example, Taiho Transportation'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)
=9159.127/112.7000*112.7000
=9,159.127

Current CPI (Mar26) = 112.7000.

Taiho Transportation Annual Data

Book Value per Share CPI Adj_Book
201703 7,729.120 98.100 8,879.427
201803 8,005.488 99.200 9,094.945
201903 8,085.717 99.700 9,140.023
202003 8,054.560 100.300 9,050.338
202103 8,145.314 99.900 9,188.958
202203 8,281.866 101.100 9,232.110
202303 8,421.123 104.400 9,090.618
202403 8,539.126 107.200 8,977.234
202503 8,880.102 111.100 9,007.988
202603 9,159.127 112.700 9,159.127

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 0.46 mean?
Taiho Transportation (NGO:9040) has a Cyclically Adjusted PB Ratio of 0.46 as of Aug. 04, 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 Taiho Transportation and its competitors. This is 15% above median its historical median of 0.40. Over the past decade, Taiho Transportation's Cyclically Adjusted PB Ratio has ranged from 0.32 to 0.48. According to the industry distribution chart, Taiho Transportation ranks #102 out of 737 companies in the Transportation industry, placing it in the top 13.8%.
Is Taiho Transportation's Cyclically Adjusted PB Ratio too high?
Taiho Transportation's current Cyclically Adjusted PB Ratio of 0.46 is 15% above median its 10-year median of 0.40. Over the past 10 years, this metric has ranged from a low of 0.32 to a high of 0.48. The Transportation industry median Cyclically Adjusted PB Ratio is 1.27. Taiho Transportation's value of 0.46 is 63.8% below this industry median. Based on the distribution chart, Taiho Transportation ranks #102 out of 737 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Taiho Transportation has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Taiho Transportation's Cyclically Adjusted PB Ratio compare to ODFL and XPO?
According to the Transportation industry distribution chart, Taiho Transportation ranks #102 out of 737 companies for Cyclically Adjusted PB Ratio. This places Taiho Transportation in the top 14% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.27. Taiho Transportation's value of 0.46 is 63.8% below this benchmark. Historically, Taiho Transportation's own Cyclically Adjusted PB Ratio has ranged from 0.32 to 0.48 over the past decade. While the company's 10-year median is 0.40 vs. the industry median of 1.27, Taiho Transportation has consistently been below 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 Transportation company?
The median Cyclically Adjusted PB Ratio among Transportation companies is 1.27, based on 737 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. Taiho Transportation's current Cyclically Adjusted PB Ratio of 0.46 is 63.8% below 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 Taiho Transportation and its competitors. For the Transportation industry, the median Cyclically Adjusted PB Ratio is 1.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Taiho Transportation's current Cyclically Adjusted PB Ratio is 0.46, which is 15% above median its own 10-year median of 0.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiho Transportation stock overvalued right now?
Based on GuruFocus' analysis, Taiho Transportation (NGO:9040) is currently considered Fairly Valued. The stock's GF Value™ is 円3,935.55, compared to a current price of 円4,170.00 — trading 6% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.46, which is 15% above median its 10-year median of 0.40 and 63.8% below the Transportation industry median of 1.27. Taiho Transportation's overall GF Score™ is 65/100 with 4 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 Taiho Transportation (NGO:9040), the current Cyclically Adjusted PB Ratio is 0.46 as of Aug. 04, 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 Taiho Transportation (NGO:9040) Overvalued in 2026?

Based on GuruFocus' analysis, Taiho Transportation stock appears to be overvalued. The current stock price of 円4,170.00 is trading 6% above its estimated GF Value™ of 円3,935.55. GuruFocus considers Taiho Transportation to be Fairly Valued.

Key valuation signals for NGO:9040:

  • Cyclically Adjusted PB Ratio: 0.46 (15% above median its 10-year median of 0.40)
  • GF Value™: 円3,935.55 vs. price of 円4,170.00 (6% above fair value)
  • GF Score™: 65/100 with 4 warning signs
  • Industry Position: 63.8% below the Transportation median (#102 of 737)

No single metric tells the full story. See the NGO:9040 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Taiho Transportation Business Description

Address 5 - 3, 17 Kanayama Naka-ku, Nagoya, JPN, 460-0022
Taiho Transportation is a Japanese company engaged in the general cargo transportation business. It provides general freight handling, automobile maintenance, buying and selling of new and used vehicles, used vehicle parts insurance agency and various vehicle leasing services. The company is also engaged in the general worker and specified worker dispatching business.
65GF Score

Get the complete analysis for NGO:9040

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

円4,170.00
Price
円3,935.55
GF Value