Osaka Gas Co (STU:OSA) Cyclically Adjusted PB Ratio: 1.59 (As of Jul. 18, 2026) — 47% Above Median

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STU:OSA Osaka Gas Co Ltd STU:OSA
65 GF Score
Price €29.00
GF Value €19.39
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Osaka Gas Co Cyclically Adjusted PB Ratio?

Osaka Gas Co STU:OSA +2.84% 65 Cyclically Adjusted PB Ratio is 1.59 as of Jul. 18, 2026, which is 47% above its 10-year median of 1.08. GuruFocus rates STU:OSA with a GF Score™ of 65/100 and a GF Value™ of €19.39 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 440 Utilities - Regulated companies, Osaka Gas Co ranks worse than 54.55% on this metric.

As of today (2026-07-18), Osaka Gas Co's current share price is €29.00. Osaka Gas Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €18.21. Osaka Gas Co's Cyclically Adjusted PB Ratio for today is 1.59.

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

STU:OSA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.8   Med: 1.08   Max: 2.07
Current: 1.64

During the past years, Osaka Gas Co's highest Cyclically Adjusted PB Ratio was 2.07. The lowest was 0.80. And the median was 1.08.

STU:OSA's Cyclically Adjusted PB Ratio is ranked worse than
54.55% of 440 companies
in the Utilities - Regulated industry
Industry Median: 1.525 vs STU:OSA: 1.64

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.

Osaka Gas Co's adjusted book value per share data for the three months ended in Mar. 2026 was €25.648. 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 €18.21 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Osaka Gas Co  (STU:OSA) 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.


Osaka Gas Co Cyclically Adjusted PB Ratio Related Terms


Osaka Gas Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Osaka Gas 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.

Osaka Gas Co Cyclically Adjusted PB Ratio Chart

Osaka Gas 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 0.91 0.87 1.23 1.12 1.95

Osaka Gas 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 1.12 1.19 1.36 1.69 1.95

STU:OSA vs ATO, NI: Cyclically Adjusted PB Ratio Comparison

For the Utilities - Regulated Gas subindustry, Osaka Gas 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.


Osaka Gas Co Cyclically Adjusted PB Ratio vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Osaka Gas Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


STU:OSA
65GF Score
Osaka Gas Co Ltd STU:OSA
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Osaka Gas 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=29.00/18.21
=1.59

* 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.

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

For example, Osaka Gas 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)
=25.648/112.7000*112.7000
=25.648

Current CPI (Mar. 2026) = 112.7000.

Osaka Gas Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 18.210 98.100 20.920
201609 18.550 98.000 21.333
201612 17.369 98.400 19.893
201703 19.150 98.100 22.000
201706 18.637 98.500 21.324
201709 17.791 98.800 20.294
201712 17.834 99.400 20.220
201803 18.382 99.200 20.884
201806 18.588 99.200 21.118
201809 18.488 99.900 20.857
201812 18.509 99.700 20.922
201903 19.233 99.700 21.741
201906 19.975 99.800 22.557
201909 20.393 100.100 22.960
201912 19.691 100.500 22.081
202003 20.165 100.300 22.658
202006 19.631 99.900 22.146
202009 19.417 99.900 21.905
202012 19.296 99.300 21.900
202103 20.109 99.900 22.686
202106 20.493 99.500 23.212
202109 21.062 100.100 23.713
202112 20.825 100.100 23.446
202203 23.427 101.100 26.115
202206 21.866 101.800 24.207
202209 22.280 103.100 24.355
202212 22.926 104.100 24.820
202303 23.390 104.400 25.250
202306 23.078 105.200 24.723
202309 23.627 106.200 25.073
202312 24.610 106.800 25.970
202403 23.688 107.200 24.903
202406 23.854 108.200 24.846
202409 26.038 108.900 26.947
202412 24.669 110.700 25.115
202503 26.400 111.100 26.780
202506 24.853 111.700 25.075
202509 24.679 112.000 24.833
202512 24.523 113.000 24.458
202603 25.648 112.700 25.648

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 1.59 mean?
Osaka Gas Co (STU:OSA) has a Cyclically Adjusted PB Ratio of 1.59 as of Jul. 18, 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 Osaka Gas Co and its competitors. This is 47% above median its historical median of 1.08. Over the past decade, Osaka Gas Co's Cyclically Adjusted PB Ratio has ranged from 0.80 to 2.07. According to the industry distribution chart, Osaka Gas Co ranks #240 out of 440 companies in the Utilities - Regulated industry, placing it in the top 54.5%.
Is Osaka Gas Co's Cyclically Adjusted PB Ratio too high?
Osaka Gas Co's current Cyclically Adjusted PB Ratio of 1.59 is 47% above median its 10-year median of 1.08. Over the past 10 years, this metric has ranged from a low of 0.80 to a high of 2.07. The Utilities - Regulated industry median Cyclically Adjusted PB Ratio is 1.53. Osaka Gas Co's value of 1.59 is 4.3% above this industry median. Based on the distribution chart, Osaka Gas Co ranks #240 out of 440 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, Osaka Gas Co has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Osaka Gas Co's Cyclically Adjusted PB Ratio compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Osaka Gas Co ranks #240 out of 440 companies for Cyclically Adjusted PB Ratio. This places Osaka Gas Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.53. Osaka Gas Co's value of 1.59 is 4.3% above this benchmark. Historically, Osaka Gas Co's own Cyclically Adjusted PB Ratio has ranged from 0.80 to 2.07 over the past decade. While the company's 10-year median is 1.08 vs. the industry median of 1.53, Osaka Gas 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 Utilities - Regulated company?
The median Cyclically Adjusted PB Ratio among Utilities - Regulated companies is 1.53, based on 440 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. Osaka Gas Co's current Cyclically Adjusted PB Ratio of 1.59 is 4.3% 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 Osaka Gas Co and its competitors. For the Utilities - Regulated industry, the median Cyclically Adjusted PB Ratio is 1.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Osaka Gas Co's current Cyclically Adjusted PB Ratio is 1.59, which is 47% 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 Osaka Gas Co stock overvalued right now?
Based on GuruFocus' analysis, Osaka Gas Co (STU:OSA) is currently considered Significantly Overvalued. The stock's GF Value™ is €19.39, compared to a current price of €29.00 — trading 49.6% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.59, which is 47% above median its 10-year median of 1.08 and 4.3% above the Utilities - Regulated industry median of 1.53. Osaka Gas Co's overall GF Score™ is 65/100 with 3 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 Osaka Gas Co (STU:OSA), the current Cyclically Adjusted PB Ratio is 1.59 as of Jul. 18, 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 Osaka Gas Co (STU:OSA) Overvalued in 2026?

Based on GuruFocus' analysis, Osaka Gas Co stock appears to be overvalued. The current stock price of €29.00 is trading 49.6% above its estimated GF Value™ of €19.39. GuruFocus considers Osaka Gas Co to be Significantly Overvalued.

Key valuation signals for STU:OSA:

  • Cyclically Adjusted PB Ratio: 1.59 (47% above median its 10-year median of 1.08)
  • GF Value™: €19.39 vs. price of €29.00 (49.6% above fair value)
  • GF Score™: 65/100 with 3 warning signs
  • Industry Position: 4.3% above the Utilities - Regulated median (#240 of 440)

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


Osaka Gas Co Business Description

Other Exchanges OSGSY:USA9532:Japan
Address 4-1-2 Hiranomachi, Chuo-ku, Osaka, JPN, 541-0046
Osaka Gas Co Ltd is a Japanese utility company involved in the production and supply of natural gas and electricity. The company operates through three segments. The Domestic Energy segment covers city gas production and supply, gas appliances, piping work, LNG and LPG sales, industrial gases, power generation, and electricity sales. The Life & Business Solutions segment engages in real estate development and leasing, information processing, and the sale of fine and carbon materials. The Overseas Energy segment focuses on natural gas and other energy development, investment, and supply. It generates the majority of its revenue from the Domestic energy segment.
65GF Score

Get the complete analysis for STU:OSA

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

€29.00
Price
€19.39
GF Value