Mizuno (STU:MIZ) Cyclically Adjusted PB Ratio: 2.50 (As of Sep. 15, 2026) — 198% Above Median

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STU:MIZ Mizuno Corp STU:MIZ
78 GF Score
Price €22.20
GF Value €16.03
Valuation Significantly Overvalued
! 1 Warning Sign
View Full Analysis

What is Mizuno Cyclically Adjusted PB Ratio?

Mizuno STU:MIZ +1.83% 78 Cyclically Adjusted PB Ratio is 2.50 as of Sep. 15, 2026, which is 198% above its 10-year median of 0.84. GuruFocus rates STU:MIZ with a GF Score™ of 78/100 and a GF Value™ of €16.03 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 759 Retail - Cyclical companies, Mizuno ranks worse than 71.67% on this metric.

As of today (2026-09-15), Mizuno's current share price is €22.20. Mizuno's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €8.88. Mizuno's Cyclically Adjusted PB Ratio for today is 2.50.

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

STU:MIZ' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.42   Med: 0.84   Max: 2.63
Current: 2.36

During the past years, Mizuno's highest Cyclically Adjusted PB Ratio was 2.63. The lowest was 0.42. And the median was 0.84.

STU:MIZ's Cyclically Adjusted PB Ratio is ranked worse than
71.67% of 759 companies
in the Retail - Cyclical industry
Industry Median: 1.19 vs STU:MIZ: 2.36

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.

Mizuno's adjusted book value per share data for the three months ended in Mar. 2026 was €12.503. 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 €8.88 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mizuno  (STU:MIZ) 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.


Mizuno Cyclically Adjusted PB Ratio Related Terms


Mizuno Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Mizuno'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.

Mizuno Cyclically Adjusted PB Ratio Chart

Mizuno 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 0.51 0.67 1.20 1.39 1.54

Mizuno Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 1.34 1.32 1.42 1.56 1.51

STU:MIZ vs CASY, WSM, ULTA: Cyclically Adjusted PB Ratio Comparison

For the Specialty Retail subindustry, Mizuno'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.


Mizuno Cyclically Adjusted PB Ratio vs Retail - Cyclical Industry

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

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


STU:MIZ
78GF Score
Mizuno Corp STU:MIZ
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mizuno 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=22.20/8.88
=2.50

* 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.

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

For example, Mizuno'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)
=12.503/112.7000*112.7000
=12.503

Current CPI (Mar. 2026) = 112.7000.

Mizuno Quarterly Data

Book Value per Share CPI Adj_Book
201606 9.920 98.100 11.396
201609 9.772 98.000 11.238
201612 9.204 98.400 10.542
201703 9.794 98.100 11.252
201706 9.087 98.500 10.397
201709 8.906 98.800 10.159
201712 8.820 99.400 10.000
201803 9.283 99.200 10.546
201806 9.351 99.200 10.624
201809 9.390 99.900 10.593
201812 9.840 99.700 11.123
201903 10.187 99.700 11.515
201906 10.348 99.800 11.686
201909 10.914 100.100 12.288
201912 10.542 100.500 11.822
202003 10.968 100.300 12.324
202006 10.492 99.900 11.836
202009 10.384 99.900 11.714
202012 10.289 99.300 11.677
202103 10.467 99.900 11.808
202106 10.636 99.500 12.047
202109 10.981 100.100 12.363
202112 10.958 100.100 12.337
202203 10.863 101.100 12.109
202206 10.771 101.800 11.924
202209 11.326 103.100 12.381
202212 11.447 104.100 12.393
202303 11.207 104.400 12.098
202306 10.731 105.200 11.496
202309 11.237 106.200 11.925
202312 11.634 106.800 12.277
202403 11.330 107.200 11.911
202406 11.198 108.200 11.664
202409 12.434 108.900 12.868
202412 12.164 110.700 12.384
202503 12.675 111.100 12.858
202506 12.073 111.700 12.181
202509 12.258 112.000 12.335
202512 11.904 113.000 11.872
202603 12.503 112.700 12.503

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 2.50 mean?
Mizuno (STU:MIZ) has a Cyclically Adjusted PB Ratio of 2.50 as of Sep. 15, 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 Mizuno and its competitors. This is 198% above median its historical median of 0.84. Over the past decade, Mizuno's Cyclically Adjusted PB Ratio has ranged from 0.42 to 2.63. According to the industry distribution chart, Mizuno ranks #544 out of 759 companies in the Retail - Cyclical industry, placing it in the top 71.7%.
Is Mizuno's Cyclically Adjusted PB Ratio too high?
Mizuno's current Cyclically Adjusted PB Ratio of 2.50 is 198% above median its 10-year median of 0.84. Over the past 10 years, this metric has ranged from a low of 0.42 to a high of 2.63. The Retail - Cyclical industry median Cyclically Adjusted PB Ratio is 1.19. Mizuno's value of 2.50 is 110.1% above this industry median. Based on the distribution chart, Mizuno ranks #544 out of 759 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, Mizuno has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mizuno's Cyclically Adjusted PB Ratio compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Mizuno ranks #544 out of 759 companies for Cyclically Adjusted PB Ratio. This places Mizuno in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.19. Mizuno's value of 2.50 is 110.1% above this benchmark. Historically, Mizuno's own Cyclically Adjusted PB Ratio has ranged from 0.42 to 2.63 over the past decade. While the company's 10-year median is 0.84 vs. the industry median of 1.19, Mizuno 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 1.19, based on 759 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. Mizuno's current Cyclically Adjusted PB Ratio of 2.50 is 110.1% 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 Mizuno and its competitors. For the Retail - Cyclical industry, the median Cyclically Adjusted PB Ratio is 1.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mizuno's current Cyclically Adjusted PB Ratio is 2.50, which is 198% above median its own 10-year median of 0.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mizuno stock overvalued right now?
Based on GuruFocus' analysis, Mizuno (STU:MIZ) is currently considered Significantly Overvalued. The stock's GF Value™ is €16.03, compared to a current price of €22.20 — trading 38.5% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.50, which is 198% above median its 10-year median of 0.84 and 110.1% above the Retail - Cyclical industry median of 1.19. Mizuno's overall GF Score™ is 78/100 with 1 warning sign 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 Mizuno (STU:MIZ), the current Cyclically Adjusted PB Ratio is 2.50 as of Sep. 15, 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 Mizuno (STU:MIZ) Overvalued in 2026?

Based on GuruFocus' analysis, Mizuno stock appears to be overvalued. The current stock price of €22.20 is trading 38.5% above its estimated GF Value™ of €16.03. GuruFocus considers Mizuno to be Significantly Overvalued.

Key valuation signals for STU:MIZ:

  • Cyclically Adjusted PB Ratio: 2.50 (198% above median its 10-year median of 0.84)
  • GF Value™: €16.03 vs. price of €22.20 (38.5% above fair value)
  • GF Score™: 78/100 with 1 warning sign
  • Industry Position: 110.1% above the Retail - Cyclical median (#544 of 759)

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


Mizuno Business Description

Other Exchanges 8022:Japan
Address 1-12-35 Nanko-Kita Suminoe-ku, Osaka-shi, JPN, 559-8510
Mizuno Corporation is a Japan-based company principally engaged in the manufacture and sale of sporting goods under the brand MIZUNO worldwide. The company's product mix consists of sports equipment, sports shoes, sportswear, and other products and services. Footwear and apparel jointly account for more than half of the company's total revenue. The company's products are produced in the company's own factories or commissioned factories. The company has business presence in Japan, the Americas, EMEA, Asia and Oceania, with Japan contributing over half of the company's total revenue.
78GF Score

Get the complete analysis for STU:MIZ

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

€22.20
Price
€16.03
GF Value