Mitsui O.S.K. Lines (STU:MILA) Cyclically Adjusted PB Ratio: 1.48 (As of Jul. 26, 2026) — 37% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

STU:MILA Mitsui O.S.K. Lines Ltd STU:MILA
79 GF Score
Price €32.03
GF Value €31.94
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Mitsui O.S.K. Lines Cyclically Adjusted PB Ratio?

Mitsui O.S.K. Lines STU:MILA +5.85% 79 Cyclically Adjusted PB Ratio is 1.48 as of Jul. 26, 2026, which is 37% above its 10-year median of 1.08. GuruFocus rates STU:MILA with a GF Score™ of 79/100 and a GF Value™ of €31.94 (Fairly Valued). The stock has 4 warning signs investors should review. Among 738 Transportation companies, Mitsui O.S.K. Lines ranks worse than 56.37% on this metric.

As of today (2026-07-26), Mitsui O.S.K. Lines's current share price is €32.03. Mitsui O.S.K. Lines's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €21.57. Mitsui O.S.K. Lines's Cyclically Adjusted PB Ratio for today is 1.48.

The historical rank and industry rank for Mitsui O.S.K. Lines's Cyclically Adjusted PB Ratio or its related term are showing as below:

STU:MILA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.29   Med: 1.08   Max: 2.19
Current: 1.51

During the past years, Mitsui O.S.K. Lines's highest Cyclically Adjusted PB Ratio was 2.19. The lowest was 0.29. And the median was 1.08.

STU:MILA's Cyclically Adjusted PB Ratio is ranked worse than
56.37% of 738 companies
in the Transportation industry
Industry Median: 1.265 vs STU:MILA: 1.51

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.

Mitsui O.S.K. Lines's adjusted book value per share data for the three months ended in Mar. 2026 was €45.602. 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 €21.57 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mitsui O.S.K. Lines  (STU:MILA) 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.


Mitsui O.S.K. Lines Cyclically Adjusted PB Ratio Related Terms


Mitsui O.S.K. Lines Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Mitsui O.S.K. Lines'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.

Mitsui O.S.K. Lines Cyclically Adjusted PB Ratio Chart

Mitsui O.S.K. Lines 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 1.90 1.52 1.74 1.59 1.68

Mitsui O.S.K. Lines 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 1.59 1.42 1.27 1.27 1.68

Mitsui O.S.K. Lines Cyclically Adjusted PB Ratio Competitor Comparison

For the Marine Shipping subindustry, Mitsui O.S.K. Lines'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.


Mitsui O.S.K. Lines Cyclically Adjusted PB Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, Mitsui O.S.K. Lines's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Mitsui O.S.K. Lines's Cyclically Adjusted PB Ratio falls into.


STU:MILA
79GF Score
Mitsui O.S.K. Lines Ltd STU:MILA
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mitsui O.S.K. Lines 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.

Mitsui O.S.K. Lines's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=32.03/21.57
=1.48

* 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.

Mitsui O.S.K. Lines's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Mitsui O.S.K. Lines'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)
=45.602/112.7000*112.7000
=45.602

Current CPI (Mar. 2026) = 112.7000.

Mitsui O.S.K. Lines Quarterly Data

Book Value per Share CPI Adj_Book
201606 12.177 98.100 13.989
201609 12.250 98.000 14.088
201612 11.945 98.400 13.681
201703 13.256 98.100 15.229
201706 12.735 98.500 14.571
201709 12.160 98.800 13.871
201712 12.518 99.400 14.193
201803 10.940 99.200 12.429
201806 10.936 99.200 12.424
201809 11.433 99.900 12.898
201812 11.744 99.700 13.275
201903 11.693 99.700 13.218
201906 11.740 99.800 13.257
201909 11.946 100.100 13.450
201912 12.095 100.500 13.563
202003 12.065 100.300 13.557
202006 11.363 99.900 12.819
202009 11.470 99.900 12.940
202012 11.803 99.300 13.396
202103 12.471 99.900 14.069
202106 14.813 99.500 16.778
202109 18.771 100.100 21.134
202112 22.961 100.100 25.851
202203 27.065 101.100 30.170
202206 28.324 101.800 31.357
202209 36.251 103.100 39.626
202212 36.868 104.100 39.914
202303 37.201 104.400 40.159
202306 36.147 105.200 38.724
202309 37.845 106.200 40.161
202312 40.071 106.800 42.285
202403 39.897 107.200 41.944
202406 41.412 108.200 43.134
202409 46.292 108.900 47.907
202412 45.360 110.700 46.180
202503 47.710 111.100 48.397
202506 44.085 111.700 44.480
202509 43.350 112.000 43.621
202512 43.109 113.000 42.995
202603 45.602 112.700 45.602

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 1.48 mean?
Mitsui O.S.K. Lines (STU:MILA) has a Cyclically Adjusted PB Ratio of 1.48 as of Jul. 26, 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 Mitsui O.S.K. Lines and its competitors. This is 37% above median its historical median of 1.08. Over the past decade, Mitsui O.S.K. Lines' Cyclically Adjusted PB Ratio has ranged from 0.29 to 2.19. According to the industry distribution chart, Mitsui O.S.K. Lines ranks #416 out of 738 companies in the Transportation industry, placing it in the top 56.4%.
Is Mitsui O.S.K. Lines' Cyclically Adjusted PB Ratio too high?
Mitsui O.S.K. Lines' current Cyclically Adjusted PB Ratio of 1.48 is 37% above median its 10-year median of 1.08. Over the past 10 years, this metric has ranged from a low of 0.29 to a high of 2.19. The Transportation industry median Cyclically Adjusted PB Ratio is 1.27. Mitsui O.S.K. Lines' value of 1.48 is 17% above this industry median. Based on the distribution chart, Mitsui O.S.K. Lines ranks #416 out of 738 companies in the Transportation industry, which is below the industry midpoint. Overall, Mitsui O.S.K. Lines has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mitsui O.S.K. Lines' Cyclically Adjusted PB Ratio compare to competitors?
According to the Transportation industry distribution chart, Mitsui O.S.K. Lines ranks #416 out of 738 companies for Cyclically Adjusted PB Ratio. This places Mitsui O.S.K. Lines in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.27. Mitsui O.S.K. Lines' value of 1.48 is 17% above this benchmark. Historically, Mitsui O.S.K. Lines' own Cyclically Adjusted PB Ratio has ranged from 0.29 to 2.19 over the past decade. While the company's 10-year median is 1.08 vs. the industry median of 1.27, Mitsui O.S.K. Lines 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 1.27, 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. Mitsui O.S.K. Lines's current Cyclically Adjusted PB Ratio of 1.48 is 17% 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 Mitsui O.S.K. Lines and its competitors. For the Transportation industry, the median Cyclically Adjusted PB Ratio is 1.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mitsui O.S.K. Lines's current Cyclically Adjusted PB Ratio is 1.48, which is 37% above median its own 10-year median of 1.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mitsui O.S.K. Lines stock overvalued right now?
Based on GuruFocus' analysis, Mitsui O.S.K. Lines (STU:MILA) is currently considered Fairly Valued. The stock's GF Value™ is €31.94, compared to a current price of €32.03 — trading 0.3% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.48, which is 37% above median its 10-year median of 1.08 and 17% above the Transportation industry median of 1.27. Mitsui O.S.K. Lines' overall GF Score™ is 79/100 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 Mitsui O.S.K. Lines (STU:MILA), the current Cyclically Adjusted PB Ratio is 1.48 as of Jul. 26, 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 Mitsui O.S.K. Lines (STU:MILA) Overvalued in 2026?

Based on GuruFocus' analysis, Mitsui O.S.K. Lines stock appears to be overvalued. The current stock price of €32.03 is trading 0.3% above its estimated GF Value™ of €31.94. GuruFocus considers Mitsui O.S.K. Lines to be Fairly Valued.

Key valuation signals for STU:MILA:

  • Cyclically Adjusted PB Ratio: 1.48 (37% above median its 10-year median of 1.08)
  • GF Value™: €31.94 vs. price of €32.03 (0.3% above fair value)
  • GF Score™: 79/100 with 4 warning signs
  • Industry Position: 17% above the Transportation median (#416 of 738)

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


Mitsui O.S.K. Lines Business Description

Other Exchanges MSLOY:USA9104:Japan
Address 2-1-1 Toranomon, Minato-ku, Tokyo, JPN, 105-8688
Mitsui O.S.K. Lines Ltd is a Japanese transportation and logistics company. The company operates through seven segments. The Car Carrier/Ports & Logistics segment manages car carriers. The Container Ship segment operates containerships. The Dry Bulk segment handles bulk vessels, and the Energy segment operates tankers, LNG carriers, and marine businesses. The Ferry/Domestic RORO Ship/Cruise segment provides passenger and cargo transport and cruise services. The Real Estate segment covers leasing and building management. Related Business includes tugboat and trading operations, while Others covers ship operation, management, chartering, and finance.
79GF Score

Get the complete analysis for STU:MILA

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

€32.03
Price
€31.94
GF Value