Tokyo Tatemono Co (STU:T6R) Cyclically Adjusted PB Ratio: 1.52 (As of Aug. 15, 2026) — 30% 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:T6R Tokyo Tatemono Co Ltd STU:T6R
90 GF Score
Price €18.20
GF Value €17.15
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is Tokyo Tatemono Co Cyclically Adjusted PB Ratio?

Tokyo Tatemono Co STU:T6R -1.09% 90 Cyclically Adjusted PB Ratio is 1.52 as of Aug. 15, 2026, which is 30% above its 10-year median of 1.17. GuruFocus rates STU:T6R with a GF Score™ of 90/100 and a GF Value™ of €17.15 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,401 Real Estate companies, Tokyo Tatemono Co ranks worse than 78.52% on this metric.

As of today (2026-08-15), Tokyo Tatemono Co's current share price is €18.20. Tokyo Tatemono Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €12.01. Tokyo Tatemono Co's Cyclically Adjusted PB Ratio for today is 1.52.

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

STU:T6R' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.7   Med: 1.17   Max: 2.04
Current: 1.52

During the past years, Tokyo Tatemono Co's highest Cyclically Adjusted PB Ratio was 2.04. The lowest was 0.70. And the median was 1.17.

STU:T6R's Cyclically Adjusted PB Ratio is ranked worse than
78.52% of 1401 companies
in the Real Estate industry
Industry Median: 0.69 vs STU:T6R: 1.52

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.

Tokyo Tatemono Co's adjusted book value per share data for the three months ended in Jun. 2026 was €15.818. 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 €12.01 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tokyo Tatemono Co  (STU:T6R) 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.


Tokyo Tatemono Co Cyclically Adjusted PB Ratio Related Terms


Tokyo Tatemono Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Tokyo Tatemono 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.

Tokyo Tatemono Co Cyclically Adjusted PB Ratio Chart

Tokyo Tatemono Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.12 0.96 1.16 1.31 1.65

Tokyo Tatemono Co 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 1.24 1.41 1.65 1.65 1.48

STU:T6R vs CBRE, BEKE, JLL: Cyclically Adjusted PB Ratio Comparison

For the Real Estate Services subindustry, Tokyo Tatemono 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.


Tokyo Tatemono Co Cyclically Adjusted PB Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Tokyo Tatemono Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


STU:T6R
90GF Score
Tokyo Tatemono Co Ltd STU:T6R
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tokyo Tatemono 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=18.20/12.01
=1.52

* 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.

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

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

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=15.818/113.6000*113.6000
=15.818

Current CPI (Jun. 2026) = 113.6000.

Tokyo Tatemono Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 12.188 98.000 14.128
201612 11.975 98.400 13.825
201703 12.078 98.100 13.986
201706 12.015 98.500 13.857
201709 11.369 98.800 13.072
201712 11.896 99.400 13.595
201803 12.363 99.200 14.158
201806 12.722 99.200 14.569
201809 12.477 99.900 14.188
201812 12.579 99.700 14.333
201903 13.257 99.700 15.105
201906 13.722 99.800 15.619
201909 14.548 100.100 16.510
201912 14.800 100.500 16.729
202003 14.981 100.300 16.968
202006 14.263 99.900 16.219
202009 13.943 99.900 15.855
202012 14.752 99.300 16.876
202103 15.098 99.900 17.168
202106 14.882 99.500 16.991
202109 15.478 100.100 17.565
202112 15.522 100.100 17.615
202203 15.742 101.100 17.688
202206 15.181 101.800 16.941
202209 15.094 103.100 16.631
202212 14.939 104.100 16.302
202303 15.345 104.400 16.697
202306 14.843 105.200 16.028
202309 14.540 106.200 15.553
202312 15.149 106.800 16.114
202403 14.980 107.200 15.874
202406 14.868 108.200 15.610
202409 15.766 108.900 16.446
202412 15.942 110.700 16.360
202503 15.908 111.100 16.266
202506 15.699 111.700 15.966
202509 15.364 112.000 15.583
202512 15.593 113.000 15.676
202603 15.523 112.700 15.647
202606 15.818 113.600 15.818

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 1.52 mean?
Tokyo Tatemono Co (STU:T6R) has a Cyclically Adjusted PB Ratio of 1.52 as of Aug. 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 Tokyo Tatemono Co and its competitors. This is 30% above median its historical median of 1.17. Over the past decade, Tokyo Tatemono Co's Cyclically Adjusted PB Ratio has ranged from 0.70 to 2.04. According to the industry distribution chart, Tokyo Tatemono Co ranks #1100 out of 1401 companies in the Real Estate industry, placing it in the top 78.5%.
Is Tokyo Tatemono Co's Cyclically Adjusted PB Ratio too high?
Tokyo Tatemono Co's current Cyclically Adjusted PB Ratio of 1.52 is 30% above median its 10-year median of 1.17. Over the past 10 years, this metric has ranged from a low of 0.70 to a high of 2.04. The Real Estate industry median Cyclically Adjusted PB Ratio is 0.69. Tokyo Tatemono Co's value of 1.52 is 120.3% above this industry median. Based on the distribution chart, Tokyo Tatemono Co ranks #1100 out of 1401 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Tokyo Tatemono Co has a GF Score™ of 90/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Tokyo Tatemono Co's Cyclically Adjusted PB Ratio compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Tokyo Tatemono Co ranks #1100 out of 1401 companies for Cyclically Adjusted PB Ratio. This places Tokyo Tatemono Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.69. Tokyo Tatemono Co's value of 1.52 is 120.3% above this benchmark. Historically, Tokyo Tatemono Co's own Cyclically Adjusted PB Ratio has ranged from 0.70 to 2.04 over the past decade. While the company's 10-year median is 1.17 vs. the industry median of 0.69, Tokyo Tatemono 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 Real Estate company?
The median Cyclically Adjusted PB Ratio among Real Estate companies is 0.69, based on 1,401 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. Tokyo Tatemono Co's current Cyclically Adjusted PB Ratio of 1.52 is 120.3% 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 Tokyo Tatemono Co and its competitors. For the Real Estate industry, the median Cyclically Adjusted PB Ratio is 0.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tokyo Tatemono Co's current Cyclically Adjusted PB Ratio is 1.52, which is 30% above median its own 10-year median of 1.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tokyo Tatemono Co stock overvalued right now?
Based on GuruFocus' analysis, Tokyo Tatemono Co (STU:T6R) is currently considered Fairly Valued. The stock's GF Value™ is €17.15, compared to a current price of €18.20 — trading 6.1% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.52, which is 30% above median its 10-year median of 1.17 and 120.3% above the Real Estate industry median of 0.69. Tokyo Tatemono Co's overall GF Score™ is 90/100 with 2 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 Tokyo Tatemono Co (STU:T6R), the current Cyclically Adjusted PB Ratio is 1.52 as of Aug. 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 Tokyo Tatemono Co (STU:T6R) Overvalued in 2026?

Based on GuruFocus' analysis, Tokyo Tatemono Co stock appears to be overvalued. The current stock price of €18.20 is trading 6.1% above its estimated GF Value™ of €17.15. GuruFocus considers Tokyo Tatemono Co to be Fairly Valued.

Key valuation signals for STU:T6R:

  • Cyclically Adjusted PB Ratio: 1.52 (30% above median its 10-year median of 1.17)
  • GF Value™: €17.15 vs. price of €18.20 (6.1% above fair value)
  • GF Score™: 90/100 with 2 warning signs
  • Industry Position: 120.3% above the Real Estate median (#1100 of 1401)

No single metric tells the full story. See the STU:T6R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tokyo Tatemono Co Business Description

Other Exchanges 8804:Japan
Address 1-4-16 Yaesu, Tokyo Tatemono Yaesu Building, Chuo-ku, Tokyo, JPN, 103-8285
Tokyo Tatemono Co Ltd is a Japan-based company engaged in the real estate business. The company operates through three reportable segments: Building Business, Housing Business, and Asset Service Business. The Building Business is involved in the development, leasing, sale, and management of office buildings, commercial facilities, and logistics properties. The Housing Business focuses on the development, sale, leasing, and management of condominiums and other residential properties. The Asset Service Business handles real estate purchases, brokerage, consulting, and parking lot development and operations. It generates the majority of its revenue from the Housing business segment.
90GF Score

Get the complete analysis for STU:T6R

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

€18.20
Price
€17.15
GF Value