SBSOF (SBS Holdings) Cyclically Adjusted PB Ratio: 2.42 (As of Jul. 11, 2026) — Near Median


SBSOF SBS Holdings Inc SBSOF
68 GF Score
Price $18.00
GF Value $13.99
! 2 Warning Signs
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What is SBS Holdings Cyclically Adjusted PB Ratio?

SBS Holdings SBSOF 68 Cyclically Adjusted PB Ratio is 2.42 as of Jul. 11, 2026, which is at its 10-year median of 2.42. GuruFocus rates SBSOF with a GF Score™ of 68/100 and a GF Value™ of $13.99. The stock has 2 warning signs investors should review. Among 738 Transportation companies, SBS Holdings ranks worse than 78.59% on this metric.

As of today (2026-07-11), SBS Holdings's current share price is $18.00. SBS Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was $7.44. SBS Holdings's Cyclically Adjusted PB Ratio for today is 2.42.

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

SBSOF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.45   Med: 2.42   Max: 4.41
Current: 2.76

During the past years, SBS Holdings's highest Cyclically Adjusted PB Ratio was 4.41. The lowest was 1.45. And the median was 2.42.

SBSOF's Cyclically Adjusted PB Ratio is ranked worse than
78.59% of 738 companies
in the Transportation industry
Industry Median: 1.25 vs SBSOF: 2.76

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.

SBS Holdings's adjusted book value per share data for the three months ended in Dec. 2025 was $15.619. 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 $7.44 for the trailing ten years ended in Dec. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


SBS Holdings  (OTCPK:SBSOF) 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.


SBS Holdings Cyclically Adjusted PB Ratio Related Terms


SBS Holdings Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for SBS Holdings'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.

SBS Holdings Cyclically Adjusted PB Ratio Chart

SBS Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.19 2.57 2.01 1.70 2.42

SBS Holdings 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 1.98 1.97 2.43 2.42 0.00

SBSOF vs UPS, FDX, JBHT: Cyclically Adjusted PB Ratio Comparison

For the Integrated Freight & Logistics subindustry, SBS Holdings'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.


SBS Holdings Cyclically Adjusted PB Ratio vs Transportation Industry

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

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


SBSOF
68GF Score
SBS Holdings Inc SBSOF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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SBS Holdings 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.

SBS Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=18.00/7.44
=2.42

* 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.

SBS Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 is calculated as:

For example, SBS Holdings's adjusted Book Value per Share data for the three months ended in Dec. 2025 was:

Adj_Book=Book Value per Share/CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=15.619/113.0000*113.0000
=15.619

Current CPI (Dec. 2025) = 113.0000.

SBS Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201603 6.405 97.900 7.393
201606 7.502 98.100 8.641
201609 7.872 98.000 9.077
201612 7.056 98.400 8.103
201703 7.246 98.100 8.347
201706 7.590 98.500 8.707
201709 7.985 98.800 9.133
201712 8.115 99.400 9.225
201803 8.568 99.200 9.760
201806 8.428 99.200 9.600
201809 8.422 99.900 9.526
201812 8.922 99.700 10.112
201903 9.340 99.700 10.586
201906 9.851 99.800 11.154
201909 10.222 100.100 11.539
201912 10.414 100.500 11.709
202003 10.935 100.300 12.320
202006 11.227 99.900 12.699
202009 11.751 99.900 13.292
202012 12.311 99.300 14.009
202103 11.958 99.900 13.526
202106 13.112 99.500 14.891
202109 13.569 100.100 15.318
202112 13.419 100.100 15.148
202203 13.169 101.100 14.719
202206 11.483 101.800 12.746
202209 11.205 103.100 12.281
202212 13.135 104.100 14.258
202303 14.116 104.400 15.279
202306 13.680 105.200 14.694
202309 13.340 106.200 14.194
202312 13.915 106.800 14.723
202403 13.837 107.200 14.586
202406 13.451 108.200 14.048
202409 14.986 108.900 15.550
202412 14.440 110.700 14.740
202503 14.533 111.100 14.782
202506 15.360 111.700 15.539
202509 16.212 112.000 16.357
202512 15.619 113.000 15.619

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 2.42 mean?
SBS Holdings (SBSOF) has a Cyclically Adjusted PB Ratio of 2.42 as of Jul. 11, 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 SBS Holdings and its competitors. This is near median its historical median of 2.42. Over the past decade, SBS Holdings' Cyclically Adjusted PB Ratio has ranged from 1.45 to 4.41. According to the industry distribution chart, SBS Holdings ranks #580 out of 738 companies in the Transportation industry, placing it in the top 78.6%.
Is SBS Holdings' Cyclically Adjusted PB Ratio too high?
SBS Holdings' current Cyclically Adjusted PB Ratio of 2.42 is near median its 10-year median of 2.42. Over the past 10 years, this metric has ranged from a low of 1.45 to a high of 4.41. The Transportation industry median Cyclically Adjusted PB Ratio is 1.25. SBS Holdings' value of 2.42 is 93.6% above this industry median. Based on the distribution chart, SBS Holdings ranks #580 out of 738 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, SBS Holdings has a GF Score™ of 68/100, reflecting its overall financial health beyond just this single metric.
How does SBS Holdings' Cyclically Adjusted PB Ratio compare to UPS and FDX?
According to the Transportation industry distribution chart, SBS Holdings ranks #580 out of 738 companies for Cyclically Adjusted PB Ratio. This places SBS Holdings in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.25. SBS Holdings' value of 2.42 is 93.6% above this benchmark. Historically, SBS Holdings' own Cyclically Adjusted PB Ratio has ranged from 1.45 to 4.41 over the past decade. While the company's 10-year median is 2.42 vs. the industry median of 1.25, SBS Holdings 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 Transportation company?
The median Cyclically Adjusted PB Ratio among Transportation companies is 1.25, based on 738 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. SBS Holdings's current Cyclically Adjusted PB Ratio of 2.42 is 93.6% 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 SBS Holdings and its competitors. For the Transportation industry, the median Cyclically Adjusted PB Ratio is 1.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SBS Holdings's current Cyclically Adjusted PB Ratio is 2.42, which is near median its own 10-year median of 2.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SBS Holdings stock overvalued right now?
SBS Holdings (SBSOF) has a current Cyclically Adjusted PB Ratio of 2.42. The stock's GF Value™ is $13.99, compared to a current price of $18.00 — trading 28.7% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.42, which is near median its 10-year median of 2.42 and 93.6% above the Transportation industry median of 1.25. SBS Holdings' overall GF Score™ is 68/100 with 2 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 SBS Holdings (SBSOF), the current Cyclically Adjusted PB Ratio is 2.42 as of Jul. 11, 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 SBS Holdings (SBSOF) Overvalued in 2026?

Based on GuruFocus' analysis, SBS Holdings stock appears to be overvalued. The current stock price of $18.00 is trading 28.7% above its estimated GF Value™ of $13.99.

Key valuation signals for SBSOF:

  • Cyclically Adjusted PB Ratio: 2.42 (near median its 10-year median of 2.42)
  • GF Value™: $13.99 vs. price of $18.00 (28.7% above fair value)
  • GF Score™: 68/100 with 2 warning signs
  • Industry Position: 93.6% above the Transportation median (#580 of 738)

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


SBS Holdings Business Description

Other Exchanges 2384:Japan
Address 17-1, Nishi-Shinjuku 8-chome, Shinjuku-ku, Tokyo, JPN, 160-0023
SBS Holdings Inc is engaged in the provision of logistics and related services. The company's operating business includes logistics, real-estate, and others. Its logistics business is involved in the transportation and delivery of raw materials, and the storage associated with it, handling, packaging, and distribution processing services. The real-estate business consists of rental and leasing of real estate properties. Its other business comprises of human resources, environment-related, marketing and other related business services.
68GF Score

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

$18.00
Price
$13.99
GF Value