SZHFF (Sojitz) Cyclically Adjusted PB Ratio: 1.88 (As of Jul. 29, 2026) — 86% Above Median

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Director of Data and Quant Analytics at GuruFocus
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SZHFF Sojitz Corp SZHFF
77 GF Score
Price $40.00
GF Value $31.09
! 6 Warning Signs
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What is Sojitz Cyclically Adjusted PB Ratio?

Sojitz SZHFF +3.90% 77 Cyclically Adjusted PB Ratio is 1.88 as of Jul. 29, 2026, which is 86% above its 10-year median of 1.01. GuruFocus rates SZHFF with a GF Score™ of 77/100 and a GF Value™ of $31.09. The stock has 6 warning signs investors should review. Among 474 Conglomerates companies, Sojitz ranks worse than 65.61% on this metric.

As of today (2026-07-29), Sojitz's current share price is $40.00. Sojitz's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $21.29. Sojitz's Cyclically Adjusted PB Ratio for today is 1.88.

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

SZHFF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.56   Med: 1.01   Max: 2.13
Current: 1.59

During the past years, Sojitz's highest Cyclically Adjusted PB Ratio was 2.13. The lowest was 0.56. And the median was 1.01.

SZHFF's Cyclically Adjusted PB Ratio is ranked worse than
65.61% of 474 companies
in the Conglomerates industry
Industry Median: 1.02 vs SZHFF: 1.59

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.

Sojitz's adjusted book value per share data for the three months ended in Mar. 2026 was $33.026. 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 $21.29 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sojitz  (OTCPK:SZHFF) 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.


Sojitz Cyclically Adjusted PB Ratio Related Terms


Sojitz Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Sojitz'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.

Sojitz Cyclically Adjusted PB Ratio Chart

Sojitz 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 0.90 1.09 1.42 1.06 1.81

Sojitz 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 1.06 1.12 1.21 1.46 1.81

SZHFF vs MMM, HON: Cyclically Adjusted PB Ratio Comparison

For the Conglomerates subindustry, Sojitz'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.


Sojitz Cyclically Adjusted PB Ratio vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Sojitz's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


SZHFF
77GF Score
Sojitz Corp SZHFF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sojitz 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=40.00/21.29
=1.88

* 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.

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

For example, Sojitz'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)
=33.026/112.7000*112.7000
=33.026

Current CPI (Mar. 2026) = 112.7000.

Sojitz Quarterly Data

Book Value per Share CPI Adj_Book
201606 18.099 98.100 20.793
201609 18.640 98.000 21.436
201612 17.929 98.400 20.535
201703 19.486 98.100 22.386
201706 20.360 98.500 23.295
201709 20.895 98.800 23.835
201712 21.300 99.400 24.150
201803 22.104 99.200 25.112
201806 21.411 99.200 24.325
201809 21.974 99.900 24.789
201812 21.320 99.700 24.100
201903 22.266 99.700 25.169
201906 22.286 99.800 25.167
201909 22.227 100.100 25.025
201912 22.454 100.500 25.180
202003 22.057 100.300 24.784
202006 21.982 99.900 24.799
202009 22.492 99.900 25.374
202012 23.250 99.300 26.387
202103 23.750 99.900 26.793
202106 24.598 99.500 27.861
202109 25.852 100.100 29.106
202112 25.667 100.100 28.898
202203 26.598 101.100 29.650
202206 25.915 101.800 28.690
202209 26.073 103.100 28.501
202212 27.267 104.100 29.520
202303 27.153 104.400 29.312
202306 27.044 105.200 28.972
202309 27.167 106.200 28.830
202312 28.169 106.800 29.725
202403 28.293 107.200 29.745
202406 0.000 108.200 0.000
202409 30.887 108.900 31.965
202412 29.255 110.700 29.784
202503 30.833 111.100 31.277
202506 31.199 111.700 31.478
202509 31.869 112.000 32.068
202512 32.584 113.000 32.497
202603 33.026 112.700 33.026

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 1.88 mean?
Sojitz (SZHFF) has a Cyclically Adjusted PB Ratio of 1.88 as of Jul. 29, 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 Sojitz and its competitors. This is 86% above median its historical median of 1.01. Over the past decade, Sojitz's Cyclically Adjusted PB Ratio has ranged from 0.56 to 2.13. According to the industry distribution chart, Sojitz ranks #311 out of 474 companies in the Conglomerates industry, placing it in the top 65.6%.
Is Sojitz's Cyclically Adjusted PB Ratio too high?
Sojitz's current Cyclically Adjusted PB Ratio of 1.88 is 86% above median its 10-year median of 1.01. Over the past 10 years, this metric has ranged from a low of 0.56 to a high of 2.13. The Conglomerates industry median Cyclically Adjusted PB Ratio is 1.02. Sojitz's value of 1.88 is 84.3% above this industry median. Based on the distribution chart, Sojitz ranks #311 out of 474 companies in the Conglomerates industry, which is below the industry midpoint. Overall, Sojitz has a GF Score™ of 77/100, reflecting its overall financial health beyond just this single metric.
How does Sojitz's Cyclically Adjusted PB Ratio compare to MMM and HON?
According to the Conglomerates industry distribution chart, Sojitz ranks #311 out of 474 companies for Cyclically Adjusted PB Ratio. This places Sojitz in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.02. Sojitz's value of 1.88 is 84.3% above this benchmark. Historically, Sojitz's own Cyclically Adjusted PB Ratio has ranged from 0.56 to 2.13 over the past decade. While the company's 10-year median is 1.01 vs. the industry median of 1.02, Sojitz 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 Conglomerates company?
The median Cyclically Adjusted PB Ratio among Conglomerates companies is 1.02, based on 474 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. Sojitz's current Cyclically Adjusted PB Ratio of 1.88 is 84.3% 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 Sojitz and its competitors. For the Conglomerates industry, the median Cyclically Adjusted PB Ratio is 1.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sojitz's current Cyclically Adjusted PB Ratio is 1.88, which is 86% above median its own 10-year median of 1.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sojitz stock overvalued right now?
Sojitz (SZHFF) has a current Cyclically Adjusted PB Ratio of 1.88. The stock's GF Value™ is $31.09, compared to a current price of $40.00 — trading 28.7% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.88, which is 86% above median its 10-year median of 1.01 and 84.3% above the Conglomerates industry median of 1.02. Sojitz's overall GF Score™ is 77/100 with 6 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 Sojitz (SZHFF), the current Cyclically Adjusted PB Ratio is 1.88 as of Jul. 29, 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 Sojitz (SZHFF) Overvalued in 2026?

Based on GuruFocus' analysis, Sojitz stock appears to be overvalued. The current stock price of $40.00 is trading 28.7% above its estimated GF Value™ of $31.09.

Key valuation signals for SZHFF:

  • Cyclically Adjusted PB Ratio: 1.88 (86% above median its 10-year median of 1.01)
  • GF Value™: $31.09 vs. price of $40.00 (28.7% above fair value)
  • GF Score™: 77/100 with 6 warning signs
  • Industry Position: 84.3% above the Conglomerates median (#311 of 474)

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


Sojitz Business Description

Address 2-1-1 Uchisaiwaicho, Chiyoda-ku, Tokyo, JPN, 100-8691
Sojitz Corp is a Japanese business conglomerate. The group operates eight business segments: Automobile, Aviation/Social Infrastructure, Chemistry, Consumer Goods and Agribusiness, Energy and Healthcare, Metals, Resources and Recycling, Retail and Consumer Services, and Others.. It generates the majority of its revenue from the Chemistry segment which which covers organic and inorganic chemicals, functional and fine chemicals, industrial salts, natural healthcare products, rare earths, general-purpose and high-performance resins, eco-friendly resins, packaging materials, films and sheets, plastic molding machines, synthetic resin products, liquid crystals, optical products, electronic materials such as printed circuit boards, and textile raw materials.
77GF Score

Get the complete analysis for SZHFF

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

$40.00
Price
$31.09
GF Value