Zozo (SRTTY) Cyclically Adjusted PB Ratio: 17.49 (As of Jul. 14, 2026) — 46% Below Median

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SRTTY Zozo Inc SRTTY
86 GF Score
Price $6.82
GF Value $8.84
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Zozo Cyclically Adjusted PB Ratio?

Zozo SRTTY -4.48% 86 Cyclically Adjusted PB Ratio is 17.49 as of Jul. 14, 2026, which is 46% below its 10-year median of 32.58. GuruFocus rates SRTTY with a GF Score™ of 86/100 and a GF Value™ of $8.84 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 809 Retail - Cyclical companies, Zozo ranks worse than 97.16% on this metric.

As of today (2026-07-14), Zozo's current share price is $6.82. Zozo's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $0.39. Zozo's Cyclically Adjusted PB Ratio for today is 17.49.

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

SRTTY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 15.76   Med: 32.58   Max: 85.7
Current: 18.49

During the past years, Zozo's highest Cyclically Adjusted PB Ratio was 85.70. The lowest was 15.76. And the median was 32.58.

SRTTY's Cyclically Adjusted PB Ratio is ranked worse than
97.16% of 809 companies
in the Retail - Cyclical industry
Industry Median: 1.25 vs SRTTY: 18.49

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.

Zozo's adjusted book value per share data for the three months ended in Mar. 2026 was $0.761. 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 $0.39 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Zozo  (OTCPK:SRTTY) 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.


Zozo Cyclically Adjusted PB Ratio Related Terms


Zozo Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Zozo'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.

Zozo Cyclically Adjusted PB Ratio Chart

Zozo 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 37.14 27.51 28.39 26.60 17.59

Zozo 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 26.60 27.91 23.57 21.34 17.59

SRTTY vs AMZN, BABA, PDD: Cyclically Adjusted PB Ratio Comparison

For the Internet Retail subindustry, Zozo'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.


Zozo Cyclically Adjusted PB Ratio vs Retail - Cyclical Industry

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

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


SRTTY
86GF Score
Zozo Inc SRTTY
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Zozo 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.

Zozo's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=6.82/0.39
=17.49

* 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.

Zozo's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

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

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.761/112.7000*112.7000
=0.761

Current CPI (Mar. 2026) = 112.7000.

Zozo Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.183 98.100 0.210
201609 0.237 98.000 0.273
201612 0.245 98.400 0.281
201703 0.279 98.100 0.321
201706 0.290 98.500 0.332
201709 0.329 98.800 0.375
201712 0.351 99.400 0.398
201803 0.412 99.200 0.468
201806 0.148 99.200 0.168
201809 0.168 99.900 0.190
201812 0.197 99.700 0.223
201903 0.223 99.700 0.252
201906 0.252 99.800 0.285
201909 0.278 100.100 0.313
201912 0.280 100.500 0.314
202003 0.350 100.300 0.393
202006 0.369 99.900 0.416
202009 0.447 99.900 0.504
202012 0.509 99.300 0.578
202103 0.557 99.900 0.628
202106 0.248 99.500 0.281
202109 0.442 100.100 0.498
202112 0.465 100.100 0.524
202203 0.515 101.100 0.574
202206 0.450 101.800 0.498
202209 0.493 103.100 0.539
202212 0.563 104.100 0.610
202303 0.637 104.400 0.688
202306 0.595 105.200 0.637
202309 0.640 106.200 0.679
202312 0.600 106.800 0.633
202403 0.635 107.200 0.668
202406 0.567 108.200 0.591
202409 0.703 108.900 0.728
202412 0.649 110.700 0.661
202503 0.743 111.100 0.754
202506 0.690 111.700 0.696
202509 0.726 112.000 0.731
202512 0.693 113.000 0.691
202603 0.761 112.700 0.761

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 17.49 mean?
Zozo (SRTTY) has a Cyclically Adjusted PB Ratio of 17.49 as of Jul. 14, 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 Zozo and its competitors. This is 46% below median its historical median of 32.58. Over the past decade, Zozo's Cyclically Adjusted PB Ratio has ranged from 15.76 to 85.70. According to the industry distribution chart, Zozo ranks #786 out of 809 companies in the Retail - Cyclical industry, placing it in the top 97.2%.
Is Zozo's Cyclically Adjusted PB Ratio too high?
Zozo's current Cyclically Adjusted PB Ratio of 17.49 is 46% below median its 10-year median of 32.58. Over the past 10 years, this metric has ranged from a low of 15.76 to a high of 85.70. The Retail - Cyclical industry median Cyclically Adjusted PB Ratio is 1.25. Zozo's value of 17.49 is 1299.2% above this industry median. Based on the distribution chart, Zozo ranks #786 out of 809 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Zozo has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Zozo's Cyclically Adjusted PB Ratio compare to AMZN and BABA?
According to the Retail - Cyclical industry distribution chart, Zozo ranks #786 out of 809 companies for Cyclically Adjusted PB Ratio. This places Zozo in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.25. Zozo's value of 17.49 is 1299.2% above this benchmark. Historically, Zozo's own Cyclically Adjusted PB Ratio has ranged from 15.76 to 85.70 over the past decade. While the company's 10-year median is 32.58 vs. the industry median of 1.25, Zozo 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 Retail - Cyclical company?
The median Cyclically Adjusted PB Ratio among Retail - Cyclical companies is 1.25, based on 809 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. Zozo's current Cyclically Adjusted PB Ratio of 17.49 is 1299.2% 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 Zozo and its competitors. For the Retail - Cyclical 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. Zozo's current Cyclically Adjusted PB Ratio is 17.49, which is 46% below median its own 10-year median of 32.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zozo stock overvalued right now?
Based on GuruFocus' analysis, Zozo (SRTTY) is currently considered Modestly Undervalued. The stock's GF Value™ is $8.84, compared to a current price of $6.82 — trading 22.9% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 17.49, which is 46% below median its 10-year median of 32.58 and 1299.2% above the Retail - Cyclical industry median of 1.25. Zozo's overall GF Score™ is 86/100 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 Zozo (SRTTY), the current Cyclically Adjusted PB Ratio is 17.49 as of Jul. 14, 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 Zozo (SRTTY) Overvalued in 2026?

Based on GuruFocus' analysis, Zozo stock appears to be undervalued. The current stock price of $6.82 is trading 22.9% below its estimated GF Value™ of $8.84. GuruFocus considers Zozo to be Modestly Undervalued.

Key valuation signals for SRTTY:

  • Cyclically Adjusted PB Ratio: 17.49 (46% below median its 10-year median of 32.58)
  • GF Value™: $8.84 vs. price of $6.82 (22.9% below fair value)
  • GF Score™: 86/100 with 2 warning signs
  • Industry Position: 1299.2% above the Retail - Cyclical median (#786 of 809)

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


Zozo Business Description

Address 1-15-16 Midori-cho, Inage-ku, Chiba, JPN, 263-0023
Zozo, established in 1998 by Yusaku Maezawa, operates Zozotown, Japan's largest fashion e-commerce platform. Zozotown runs primarily on a consignment model, where brands stock products at Zozo's logistics bases and operate shops as tenants. As of 2025, Zozotown hosts over 11,000 brands and 12.5 million active users. Beyond its core domestic business, Zozo is expanding into adjacent categories such as skincare, cosmetics, and fragrance (near fashion), and internationally through Lyst, a UK-based luxury fashion platform acquired in 2025, and Zozofit, a body measurement app.
86GF Score

Get the complete analysis for SRTTY

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

$6.82
Price
$8.84
GF Value