Jafco Group Co (STU:JAF) Cyclically Adjusted PB Ratio: 0.90 (As of Jul. 24, 2026) — 17% Below Median

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STU:JAF Jafco Group Co Ltd STU:JAF
77 GF Score
Price €11.99
GF Value €11.97
Valuation Fairly Valued
! 4 Warning Signs
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What is Jafco Group Co Cyclically Adjusted PB Ratio?

Jafco Group Co STU:JAF -2.04% 77 Cyclically Adjusted PB Ratio is 0.90 as of Jul. 24, 2026, which is 17% below its 10-year median of 1.09. GuruFocus rates STU:JAF with a GF Score™ of 77/100 and a GF Value™ of €11.97 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,002 Asset Management companies, Jafco Group Co ranks worse than 57.09% on this metric.

As of today (2026-07-24), Jafco Group Co's current share price is €11.99. Jafco Group Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €13.28. Jafco Group Co's Cyclically Adjusted PB Ratio for today is 0.90.

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

STU:JAF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.67   Med: 1.09   Max: 2.13
Current: 0.96

During the past years, Jafco Group Co's highest Cyclically Adjusted PB Ratio was 2.13. The lowest was 0.67. And the median was 1.09.

STU:JAF's Cyclically Adjusted PB Ratio is ranked worse than
57.09% of 1002 companies
in the Asset Management industry
Industry Median: 0.85 vs STU:JAF: 0.96

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.

Jafco Group Co's adjusted book value per share data for the three months ended in Mar. 2026 was €13.893. 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 €13.28 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Jafco Group Co  (STU:JAF) 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.


Jafco Group Co Cyclically Adjusted PB Ratio Related Terms


Jafco Group Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Jafco Group 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.

Jafco Group Co Cyclically Adjusted PB Ratio Chart

Jafco Group 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 1.11 0.99 0.90 0.91 0.94

Jafco Group Co 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 0.91 1.07 1.11 1.01 0.94

STU:JAF vs BLK, BX, KKR: Cyclically Adjusted PB Ratio Comparison

For the Asset Management subindustry, Jafco Group 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.


Jafco Group Co Cyclically Adjusted PB Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Jafco Group Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


STU:JAF
77GF Score
Jafco Group Co Ltd STU:JAF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Jafco Group 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.

Jafco Group Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=11.99/13.28
=0.90

* 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.

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

For example, Jafco Group Co'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)
=13.893/112.7000*112.7000
=13.893

Current CPI (Mar. 2026) = 112.7000.

Jafco Group Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 11.695 98.100 13.436
201609 12.088 98.000 13.901
201612 12.280 98.400 14.065
201703 12.931 98.100 14.855
201706 12.829 98.500 14.678
201709 12.651 98.800 14.431
201712 13.144 99.400 14.903
201803 13.211 99.200 15.009
201806 13.539 99.200 15.382
201809 13.915 99.900 15.698
201812 12.973 99.700 14.665
201903 14.005 99.700 15.831
201906 14.253 99.800 16.095
201909 16.122 100.100 18.151
201912 17.143 100.500 19.224
202003 17.063 100.300 19.172
202006 18.004 99.900 20.311
202009 18.242 99.900 20.579
202012 19.463 99.300 22.089
202103 18.845 99.900 21.260
202106 19.316 99.500 21.879
202109 20.478 100.100 23.056
202112 22.412 100.100 25.233
202203 21.205 101.100 23.638
202206 18.789 101.800 20.801
202209 18.719 103.100 20.462
202212 17.131 104.100 18.546
202303 16.799 104.400 18.135
202306 15.305 105.200 16.396
202309 15.153 106.200 16.080
202312 15.294 106.800 16.139
202403 15.513 107.200 16.309
202406 14.837 108.200 15.454
202409 15.670 108.900 16.217
202412 16.194 110.700 16.487
202503 15.642 111.100 15.867
202506 15.299 111.700 15.436
202509 14.945 112.000 15.038
202512 14.276 113.000 14.238
202603 13.893 112.700 13.893

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 0.90 mean?
Jafco Group Co (STU:JAF) has a Cyclically Adjusted PB Ratio of 0.90 as of Jul. 24, 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 Jafco Group Co and its competitors. This is 17% below median its historical median of 1.09. Over the past decade, Jafco Group Co's Cyclically Adjusted PB Ratio has ranged from 0.67 to 2.13. According to the industry distribution chart, Jafco Group Co ranks #572 out of 1002 companies in the Asset Management industry, placing it in the top 57.1%.
Is Jafco Group Co's Cyclically Adjusted PB Ratio too high?
Jafco Group Co's current Cyclically Adjusted PB Ratio of 0.90 is 17% below median its 10-year median of 1.09. Over the past 10 years, this metric has ranged from a low of 0.67 to a high of 2.13. The Asset Management industry median Cyclically Adjusted PB Ratio is 0.85. Jafco Group Co's value of 0.90 is 5.9% above this industry median. Based on the distribution chart, Jafco Group Co ranks #572 out of 1002 companies in the Asset Management industry, which is below the industry midpoint. Overall, Jafco Group Co has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Jafco Group Co's Cyclically Adjusted PB Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, Jafco Group Co ranks #572 out of 1002 companies for Cyclically Adjusted PB Ratio. This places Jafco Group Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.85. Jafco Group Co's value of 0.90 is 5.9% above this benchmark. Historically, Jafco Group Co's own Cyclically Adjusted PB Ratio has ranged from 0.67 to 2.13 over the past decade. While the company's 10-year median is 1.09 vs. the industry median of 0.85, Jafco Group Co 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 an Asset Management company?
The median Cyclically Adjusted PB Ratio among Asset Management companies is 0.85, based on 1,002 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. Jafco Group Co's current Cyclically Adjusted PB Ratio of 0.90 is 5.9% 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 Jafco Group Co and its competitors. For the Asset Management industry, the median Cyclically Adjusted PB Ratio is 0.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jafco Group Co's current Cyclically Adjusted PB Ratio is 0.90, which is 17% below median its own 10-year median of 1.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jafco Group Co stock overvalued right now?
Based on GuruFocus' analysis, Jafco Group Co (STU:JAF) is currently considered Fairly Valued. The stock's GF Value™ is €11.97, compared to a current price of €11.99 — trading 0.2% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.90, which is 17% below median its 10-year median of 1.09 and 5.9% above the Asset Management industry median of 0.85. Jafco Group Co's overall GF Score™ is 77/100 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 Jafco Group Co (STU:JAF), the current Cyclically Adjusted PB Ratio is 0.90 as of Jul. 24, 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 Jafco Group Co (STU:JAF) Overvalued in 2026?

Based on GuruFocus' analysis, Jafco Group Co stock appears to be overvalued. The current stock price of €11.99 is trading 0.2% above its estimated GF Value™ of €11.97. GuruFocus considers Jafco Group Co to be Fairly Valued.

Key valuation signals for STU:JAF:

  • Cyclically Adjusted PB Ratio: 0.90 (17% below median its 10-year median of 1.09)
  • GF Value™: €11.97 vs. price of €11.99 (0.2% above fair value)
  • GF Score™: 77/100 with 4 warning signs
  • Industry Position: 5.9% above the Asset Management median (#572 of 1002)

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


Jafco Group Co Business Description

Other Exchanges 8595:Japan
Address 1-23-1 Toranomon, Minato-ku, Toranomon Hills Mori Tower, 24th Floor, Tokyo, JPN, 105-6324
Jafco Group Co Ltd is a Japan-based investment and a financial-services provider that operates under a single segment: management of funds. The company operates through its subsidiaries in the United States, Singapore, Hong Kong, and Korea. Its business involves investing in unlisted private equity companies to accomplish its objective of obtaining income and capital appreciation for its investors. The company also provides consulting services related to business management, stock listing support services, and comprehensive investment support services for business growth purposes.
77GF Score

Get the complete analysis for STU:JAF

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

€11.99
Price
€11.97
GF Value