AEON Co (STU:JUS1) Cyclically Adjusted PB Ratio: 3.02 (As of Aug. 21, 2026) — 50% Above Median

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STU:JUS1 AEON Co Ltd STU:JUS1
69 GF Score
Price €7.30
GF Value €7.07
Valuation Fairly Valued
! 5 Warning Signs
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What is AEON Co Cyclically Adjusted PB Ratio?

AEON Co STU:JUS1 -0.68% 69 Cyclically Adjusted PB Ratio is 3.02 as of Aug. 21, 2026, which is 50% above its 10-year median of 2.02. GuruFocus rates STU:JUS1 with a GF Score™ of 69/100 and a GF Value™ of €7.07 (Fairly Valued). The stock has 5 warning signs investors should review. Among 786 Retail - Cyclical companies, AEON Co ranks worse than 79.39% on this metric.

As of today (2026-08-21), AEON Co's current share price is €7.30. AEON Co's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2026 was €2.42. AEON Co's Cyclically Adjusted PB Ratio for today is 3.02.

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

STU:JUS1' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.23   Med: 2.02   Max: 6.25
Current: 3.04

During the past years, AEON Co's highest Cyclically Adjusted PB Ratio was 6.25. The lowest was 1.23. And the median was 2.02.

STU:JUS1's Cyclically Adjusted PB Ratio is ranked worse than
79.39% of 786 companies
in the Retail - Cyclical industry
Industry Median: 1.22 vs STU:JUS1: 3.04

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.

AEON Co's adjusted book value per share data for the three months ended in Feb. 2026 was €2.406. 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 €2.42 for the trailing ten years ended in Feb. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


AEON Co  (STU:JUS1) 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.


AEON Co Cyclically Adjusted PB Ratio Related Terms


AEON Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for AEON 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.

AEON Co Cyclically Adjusted PB Ratio Chart

AEON Co Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.96 1.88 2.63 2.68 4.92

AEON Co Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 3.22 3.91 6.17 4.92 0.00

STU:JUS1 vs DDS, M: Cyclically Adjusted PB Ratio Comparison

For the Department Stores subindustry, AEON 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.


AEON Co Cyclically Adjusted PB Ratio vs Retail - Cyclical Industry

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

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


STU:JUS1
69GF Score
AEON Co Ltd STU:JUS1
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

AEON 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=7.30/2.42
=3.02

* 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.

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

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

Adj_Book=Book Value per Share/CPI of Feb. 2026 (Change)*Current CPI (Feb. 2026)
=2.406/112.2000*112.2000
=2.406

Current CPI (Feb. 2026) = 112.2000.

AEON Co Quarterly Data

Book Value per Share CPI Adj_Book
201605 3.647 98.200 4.167
201608 3.861 97.900 4.425
201611 3.703 98.600 4.214
201702 3.748 98.100 4.287
201705 3.596 98.600 4.092
201708 3.459 98.500 3.940
201711 3.374 99.100 3.820
201802 3.436 99.500 3.875
201805 3.467 99.300 3.917
201808 3.480 99.800 3.912
201811 3.365 100.000 3.776
201902 3.461 99.700 3.895
201905 3.392 100.000 3.806
201908 3.558 100.000 3.992
201911 3.447 100.500 3.848
202002 3.519 100.300 3.937
202005 3.381 100.100 3.790
202008 3.147 100.100 3.527
202011 3.143 99.500 3.544
202102 3.007 99.800 3.381
202105 2.904 99.400 3.278
202108 2.985 99.700 3.359
202111 2.872 100.100 3.219
202202 2.884 100.700 3.213
202205 2.836 101.800 3.126
202208 2.898 102.700 3.166
202211 2.678 103.900 2.892
202302 2.720 104.000 2.934
202305 2.631 105.100 2.809
202308 2.591 105.900 2.745
202311 2.507 106.900 2.631
202402 2.546 106.900 2.672
202405 2.386 108.100 2.476
202408 2.513 109.100 2.584
202411 2.308 110.000 2.354
202502 2.610 110.800 2.643
202505 2.322 111.800 2.330
202508 2.538 112.100 2.540
202511 2.329 113.200 2.308
202602 2.406 112.200 2.406

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 3.02 mean?
AEON Co (STU:JUS1) has a Cyclically Adjusted PB Ratio of 3.02 as of Aug. 21, 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 AEON Co and its competitors. This is 50% above median its historical median of 2.02. Over the past decade, AEON Co's Cyclically Adjusted PB Ratio has ranged from 1.23 to 6.25. According to the industry distribution chart, AEON Co ranks #624 out of 786 companies in the Retail - Cyclical industry, placing it in the top 79.4%.
Is AEON Co's Cyclically Adjusted PB Ratio too high?
AEON Co's current Cyclically Adjusted PB Ratio of 3.02 is 50% above median its 10-year median of 2.02. Over the past 10 years, this metric has ranged from a low of 1.23 to a high of 6.25. The Retail - Cyclical industry median Cyclically Adjusted PB Ratio is 1.22. AEON Co's value of 3.02 is 147.5% above this industry median. Based on the distribution chart, AEON Co ranks #624 out of 786 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, AEON Co has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does AEON Co's Cyclically Adjusted PB Ratio compare to DDS and M?
According to the Retail - Cyclical industry distribution chart, AEON Co ranks #624 out of 786 companies for Cyclically Adjusted PB Ratio. This places AEON Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.22. AEON Co's value of 3.02 is 147.5% above this benchmark. Historically, AEON Co's own Cyclically Adjusted PB Ratio has ranged from 1.23 to 6.25 over the past decade. While the company's 10-year median is 2.02 vs. the industry median of 1.22, AEON 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 a Retail - Cyclical company?
The median Cyclically Adjusted PB Ratio among Retail - Cyclical companies is 1.22, based on 786 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. AEON Co's current Cyclically Adjusted PB Ratio of 3.02 is 147.5% 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 AEON Co and its competitors. For the Retail - Cyclical industry, the median Cyclically Adjusted PB Ratio is 1.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AEON Co's current Cyclically Adjusted PB Ratio is 3.02, which is 50% above median its own 10-year median of 2.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AEON Co stock overvalued right now?
Based on GuruFocus' analysis, AEON Co (STU:JUS1) is currently considered Fairly Valued. The stock's GF Value™ is €7.07, compared to a current price of €7.30 — trading 3.3% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 3.02, which is 50% above median its 10-year median of 2.02 and 147.5% above the Retail - Cyclical industry median of 1.22. AEON Co's overall GF Score™ is 69/100 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 AEON Co (STU:JUS1), the current Cyclically Adjusted PB Ratio is 3.02 as of Aug. 21, 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 AEON Co (STU:JUS1) Overvalued in 2026?

Based on GuruFocus' analysis, AEON Co stock appears to be overvalued. The current stock price of €7.30 is trading 3.3% above its estimated GF Value™ of €7.07. GuruFocus considers AEON Co to be Fairly Valued.

Key valuation signals for STU:JUS1:

  • Cyclically Adjusted PB Ratio: 3.02 (50% above median its 10-year median of 2.02)
  • GF Value™: €7.07 vs. price of €7.30 (3.3% above fair value)
  • GF Score™: 69/100 with 5 warning signs
  • Industry Position: 147.5% above the Retail - Cyclical median (#624 of 786)

No single metric tells the full story. See the STU:JUS1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


AEON Co Business Description

Address 1-5-1 Nakase, Minami-ku, Chiba Prefecture, Chiba, JPN, 261-8515
AEON Co Ltd is a holding company engaged in comprehensive finance, development, and services with a focus on retail businesses. The Comprehensive Finance segment covers credit cards, banking, insurance, and related services. The Developer segment handles shopping center development, leasing, facility management, amusement, and restaurants. The Discount Store (DS) segment operates discount stores, while the General Supermarket (GMS) segment includes supermarkets and bento delicatessen specialty stores. The Health & Wellness segment runs drugstores and pharmacies. The International segment focuses on retail in ASEAN and China. Services/Specialty Store includes casual fashion, footwear, and variety goods. Supermarket (SM) operates supermarkets, convenience stores, and small outlets.
69GF Score

Get the complete analysis for STU:JUS1

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

€7.30
Price
€7.07
GF Value