Hikari Heights-Varus Co (SSE:2137) Cyclically Adjusted PB Ratio: 0.38 (As of Aug. 04, 2026) — Near Median

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SSE:2137 Hikari Heights-Varus Co Ltd SSE:2137
54 GF Score
Price 円720.00
GF Value 円730.30
Valuation Fairly Valued
! 5 Warning Signs
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What is Hikari Heights-Varus Co Cyclically Adjusted PB Ratio?

Hikari Heights-Varus Co SSE:2137 54 Cyclically Adjusted PB Ratio is 0.38 as of Aug. 04, 2026, which is 7% below its 10-year median of 0.41. GuruFocus rates SSE:2137 with a GF Score™ of 54/100 and a GF Value™ of 円730.30 (Fairly Valued). The stock has 5 warning signs investors should review. Among 355 Healthcare Providers & Services companies, Hikari Heights-Varus Co ranks better than 89.01% on this metric.

As of today (2026-08-04), Hikari Heights-Varus Co's current share price is 円720.00. Hikari Heights-Varus Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar26 was 円1,889.05. Hikari Heights-Varus Co's Cyclically Adjusted PB Ratio for today is 0.38.

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

SSE:2137' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.35   Med: 0.41   Max: 0.5
Current: 0.38

During the past 13 years, Hikari Heights-Varus Co's highest Cyclically Adjusted PB Ratio was 0.50. The lowest was 0.35. And the median was 0.41.

SSE:2137's Cyclically Adjusted PB Ratio is ranked better than
89.01% of 355 companies
in the Healthcare Providers & Services industry
Industry Median: 1.85 vs SSE:2137: 0.38

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.

Hikari Heights-Varus Co's adjusted book value per share data of for the fiscal year that ended in Mar26 was 円1,450.682. 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1,889.05 for the trailing ten years ended in Mar26.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hikari Heights-Varus Co  (SSE:2137) 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.


Hikari Heights-Varus Co Cyclically Adjusted PB Ratio Related Terms


Hikari Heights-Varus Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Hikari Heights-Varus 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.

Hikari Heights-Varus Co Cyclically Adjusted PB Ratio Chart

Hikari Heights-Varus 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 0.45 0.43 0.40 0.38 0.38

Hikari Heights-Varus 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 0.40 0.37 0.38 0.00 0.38

SSE:2137 vs HCA, THC, DVA: Cyclically Adjusted PB Ratio Comparison

For the Medical Care Facilities subindustry, Hikari Heights-Varus 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.


Hikari Heights-Varus Co Cyclically Adjusted PB Ratio vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Hikari Heights-Varus Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Hikari Heights-Varus Co's Cyclically Adjusted PB Ratio falls into.


SSE:2137
54GF Score
Hikari Heights-Varus Co Ltd SSE:2137
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hikari Heights-Varus 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.

Hikari Heights-Varus Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=720.00/1889.05
=0.38

* 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.

Hikari Heights-Varus Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar26 is calculated as:

For example, Hikari Heights-Varus 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)
=1450.682/112.7000*112.7000
=1,450.682

Current CPI (Mar26) = 112.7000.

Hikari Heights-Varus Co Annual Data

Book Value per Share CPI Adj_Book
201703 1,632.124 98.100 1,875.029
201803 1,725.025 99.200 1,959.781
201903 1,827.390 99.700 2,065.666
202003 1,866.942 100.300 2,097.750
202103 1,903.222 99.900 2,147.078
202203 1,737.933 101.100 1,937.340
202303 1,747.536 104.400 1,886.468
202403 1,755.767 107.200 1,845.848
202503 1,601.805 111.100 1,624.873
202603 1,450.682 112.700 1,450.682

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 0.38 mean?
Hikari Heights-Varus Co (SSE:2137) has a Cyclically Adjusted PB Ratio of 0.38 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 Hikari Heights-Varus Co and its competitors. This is near median its historical median of 0.41. Over the past decade, Hikari Heights-Varus Co's Cyclically Adjusted PB Ratio has ranged from 0.35 to 0.50. According to the industry distribution chart, Hikari Heights-Varus Co ranks #39 out of 355 companies in the Healthcare Providers & Services industry, placing it in the top 11%.
Is Hikari Heights-Varus Co's Cyclically Adjusted PB Ratio too high?
Hikari Heights-Varus Co's current Cyclically Adjusted PB Ratio of 0.38 is near median its 10-year median of 0.41. Over the past 10 years, this metric has ranged from a low of 0.35 to a high of 0.50. The Healthcare Providers & Services industry median Cyclically Adjusted PB Ratio is 1.85. Hikari Heights-Varus Co's value of 0.38 is 79.5% below this industry median. Based on the distribution chart, Hikari Heights-Varus Co ranks #39 out of 355 companies in the Healthcare Providers & Services industry, which is in the top quartile — a strong position relative to peers. Overall, Hikari Heights-Varus Co has a GF Score™ of 54/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hikari Heights-Varus Co's Cyclically Adjusted PB Ratio compare to HCA and THC?
According to the Healthcare Providers & Services industry distribution chart, Hikari Heights-Varus Co ranks #39 out of 355 companies for Cyclically Adjusted PB Ratio. This places Hikari Heights-Varus Co in the top 11% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.85. Hikari Heights-Varus Co's value of 0.38 is 79.5% below this benchmark. Historically, Hikari Heights-Varus Co's own Cyclically Adjusted PB Ratio has ranged from 0.35 to 0.50 over the past decade. While the company's 10-year median is 0.41 vs. the industry median of 1.85, Hikari Heights-Varus Co 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 Healthcare Providers & Services company?
The median Cyclically Adjusted PB Ratio among Healthcare Providers & Services companies is 1.85, based on 355 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. Hikari Heights-Varus Co's current Cyclically Adjusted PB Ratio of 0.38 is 79.5% 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 Hikari Heights-Varus Co and its competitors. For the Healthcare Providers & Services industry, the median Cyclically Adjusted PB Ratio is 1.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hikari Heights-Varus Co's current Cyclically Adjusted PB Ratio is 0.38, which is near median its own 10-year median of 0.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hikari Heights-Varus Co stock overvalued right now?
Based on GuruFocus' analysis, Hikari Heights-Varus Co (SSE:2137) is currently considered Fairly Valued. The stock's GF Value™ is 円730.30, compared to a current price of 円720.00 — trading 1.4% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.38, which is near median its 10-year median of 0.41 and 79.5% below the Healthcare Providers & Services industry median of 1.85. Hikari Heights-Varus Co's overall GF Score™ is 54/100 with 5 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 Hikari Heights-Varus Co (SSE:2137), the current Cyclically Adjusted PB Ratio is 0.38 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 Hikari Heights-Varus Co (SSE:2137) Overvalued in 2026?

Based on GuruFocus' analysis, Hikari Heights-Varus Co stock appears to be undervalued. The current stock price of 円720.00 is trading 1.4% below its estimated GF Value™ of 円730.30. GuruFocus considers Hikari Heights-Varus Co to be Fairly Valued.

Key valuation signals for SSE:2137:

  • Cyclically Adjusted PB Ratio: 0.38 (near median its 10-year median of 0.41)
  • GF Value™: 円730.30 vs. price of 円720.00 (1.4% below fair value)
  • GF Score™: 54/100 with 5 warning signs
  • Industry Position: 79.5% below the Healthcare Providers & Services median (#39 of 355)

No single metric tells the full story. See the SSE:2137 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hikari Heights-Varus Co Business Description

Address 1-15, Minami-juku-jo Nishi-11-chome, Chuo-ku, Sapporo, JPN, 005-0013
Hikari Heights-Varus Co Ltd is a Japanese firm engaged in operating senior homes. It operates nursing homes for the elderly. The company provides rooms for healthy elderly as well as ones requiring assisted living.
54GF Score

Get the complete analysis for SSE:2137

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

円720.00
Price
円730.30
GF Value