Wakachiku Construction Co (TSE:1888) Cyclically Adjusted PB Ratio: 1.35 (As of Aug. 17, 2026) — 17% Above Median

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TSE:1888 Wakachiku Construction Co Ltd TSE:1888
65 GF Score
Price 円3,870.00
GF Value 円4,493.40
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Wakachiku Construction Co Cyclically Adjusted PB Ratio?

Wakachiku Construction Co TSE:1888 -0.39% 65 Cyclically Adjusted PB Ratio is 1.35 as of Aug. 17, 2026, which is 17% above its 10-year median of 1.15. GuruFocus rates TSE:1888 with a GF Score™ of 65/100 and a GF Value™ of 円4,493.40 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 1,317 Construction companies, Wakachiku Construction Co ranks worse than 56.57% on this metric.

As of today (2026-08-17), Wakachiku Construction Co's current share price is 円3870.00. Wakachiku Construction Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円2,872.21. Wakachiku Construction Co's Cyclically Adjusted PB Ratio for today is 1.35.

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

TSE:1888' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.69   Med: 1.15   Max: 2.19
Current: 1.35

During the past years, Wakachiku Construction Co's highest Cyclically Adjusted PB Ratio was 2.19. The lowest was 0.69. And the median was 1.15.

TSE:1888's Cyclically Adjusted PB Ratio is ranked worse than
56.57% of 1317 companies
in the Construction industry
Industry Median: 1.16 vs TSE:1888: 1.35

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.

Wakachiku Construction Co's adjusted book value per share data for the three months ended in Mar. 2026 was 円4,242.477. 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 円2,872.21 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Wakachiku Construction Co  (TSE:1888) 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.


Wakachiku Construction Co Cyclically Adjusted PB Ratio Related Terms


Wakachiku Construction Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Wakachiku Construction 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.

Wakachiku Construction Co Cyclically Adjusted PB Ratio Chart

Wakachiku Construction 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 1.05 1.81 1.54 1.45 1.43

Wakachiku Construction Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 1.53 1.89 1.69 1.43 0.00

TSE:1888 vs PWR, FIX, EME: Cyclically Adjusted PB Ratio Comparison

For the Engineering & Construction subindustry, Wakachiku Construction 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.


Wakachiku Construction Co Cyclically Adjusted PB Ratio vs Construction Industry

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

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


TSE:1888
65GF Score
Wakachiku Construction Co Ltd TSE:1888
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Wakachiku Construction 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.

Wakachiku Construction Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3870.00/2872.21
=1.35

* 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.

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

For example, Wakachiku Construction 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)
=4242.477/112.7000*112.7000
=4,242.477

Current CPI (Mar. 2026) = 112.7000.

Wakachiku Construction Co Quarterly Data

Book Value per Share CPI Adj_Book
201603 1,575.994 97.900 1,814.244
201606 1,544.269 98.100 1,774.099
201609 1,593.362 98.000 1,832.366
201612 1,659.745 98.400 1,900.948
201703 1,752.374 98.100 2,013.176
201706 1,767.734 98.500 2,022.575
201709 1,813.663 98.800 2,068.824
201712 1,871.478 99.400 2,121.887
201803 1,942.956 99.200 2,207.370
201806 1,934.465 99.200 2,197.724
201809 2,024.855 99.900 2,284.296
201812 2,070.783 99.700 2,340.795
201903 2,145.967 99.700 2,425.782
201906 2,147.396 99.800 2,424.965
201909 2,235.556 100.100 2,516.955
201912 2,337.751 100.500 2,621.538
202003 2,382.920 100.300 2,677.518
202006 2,335.947 99.900 2,635.248
202009 2,300.423 99.900 2,595.172
202012 2,380.725 99.300 2,701.991
202103 2,563.755 99.900 2,892.244
202106 2,591.672 99.500 2,935.492
202109 2,683.736 100.100 3,021.549
202112 2,793.679 100.100 3,145.331
202203 2,908.799 101.100 3,242.548
202206 2,888.058 101.800 3,197.290
202209 3,006.466 103.100 3,286.409
202212 3,075.485 104.100 3,329.560
202303 3,240.433 104.400 3,498.054
202306 3,219.260 105.200 3,448.770
202309 3,307.403 106.200 3,509.834
202312 3,417.215 106.800 3,605.994
202403 3,600.659 107.200 3,785.394
202406 3,499.020 108.200 3,644.543
202409 3,507.201 108.900 3,629.583
202503 3,802.707 111.100 3,857.471
202506 3,692.768 111.700 3,725.828
202509 3,773.970 112.000 3,797.557
202512 3,925.417 113.000 3,914.996
202603 4,242.477 112.700 4,242.477

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 1.35 mean?
Wakachiku Construction Co (TSE:1888) has a Cyclically Adjusted PB Ratio of 1.35 as of Aug. 17, 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 Wakachiku Construction Co and its competitors. This is 17% above median its historical median of 1.15. Over the past decade, Wakachiku Construction Co's Cyclically Adjusted PB Ratio has ranged from 0.69 to 2.19. According to the industry distribution chart, Wakachiku Construction Co ranks #745 out of 1317 companies in the Construction industry, placing it in the top 56.6%.
Is Wakachiku Construction Co's Cyclically Adjusted PB Ratio too high?
Wakachiku Construction Co's current Cyclically Adjusted PB Ratio of 1.35 is 17% above median its 10-year median of 1.15. Over the past 10 years, this metric has ranged from a low of 0.69 to a high of 2.19. The Construction industry median Cyclically Adjusted PB Ratio is 1.16. Wakachiku Construction Co's value of 1.35 is 16.4% above this industry median. Based on the distribution chart, Wakachiku Construction Co ranks #745 out of 1317 companies in the Construction industry, which is below the industry midpoint. Overall, Wakachiku Construction Co has a GF Score™ of 65/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Wakachiku Construction Co's Cyclically Adjusted PB Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, Wakachiku Construction Co ranks #745 out of 1317 companies for Cyclically Adjusted PB Ratio. This places Wakachiku Construction Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.16. Wakachiku Construction Co's value of 1.35 is 16.4% above this benchmark. Historically, Wakachiku Construction Co's own Cyclically Adjusted PB Ratio has ranged from 0.69 to 2.19 over the past decade. While the company's 10-year median is 1.15 vs. the industry median of 1.16, Wakachiku Construction 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 Construction company?
The median Cyclically Adjusted PB Ratio among Construction companies is 1.16, based on 1,317 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. Wakachiku Construction Co's current Cyclically Adjusted PB Ratio of 1.35 is 16.4% 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 Wakachiku Construction Co and its competitors. For the Construction industry, the median Cyclically Adjusted PB Ratio is 1.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wakachiku Construction Co's current Cyclically Adjusted PB Ratio is 1.35, which is 17% above median its own 10-year median of 1.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wakachiku Construction Co stock overvalued right now?
Based on GuruFocus' analysis, Wakachiku Construction Co (TSE:1888) is currently considered Modestly Undervalued. The stock's GF Value™ is 円4,493.40, compared to a current price of 円3,870.00 — trading 13.9% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.35, which is 17% above median its 10-year median of 1.15 and 16.4% above the Construction industry median of 1.16. Wakachiku Construction Co's overall GF Score™ is 65/100 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 Wakachiku Construction Co (TSE:1888), the current Cyclically Adjusted PB Ratio is 1.35 as of Aug. 17, 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 Wakachiku Construction Co (TSE:1888) Overvalued in 2026?

Based on GuruFocus' analysis, Wakachiku Construction Co stock appears to be undervalued. The current stock price of 円3,870.00 is trading 13.9% below its estimated GF Value™ of 円4,493.40. GuruFocus considers Wakachiku Construction Co to be Modestly Undervalued.

Key valuation signals for TSE:1888:

  • Cyclically Adjusted PB Ratio: 1.35 (17% above median its 10-year median of 1.15)
  • GF Value™: 円4,493.40 vs. price of 円3,870.00 (13.9% below fair value)
  • GF Score™: 65/100 with 1 warning sign
  • Industry Position: 16.4% above the Construction median (#745 of 1317)

No single metric tells the full story. See the TSE:1888 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Wakachiku Construction Co Business Description

Address 2-23-18, Shimo-Meguro, Meguro-ku, Tokyo, JPN, 153-0064
Wakachiku Construction Co Ltd is a Japan-based company mainly engaged in the construction business. Principally, it is involved in the projects related to domestic and overseas construction, marine development, regional and urban development, environmental maintenance and conservation, other construction-related projects. Additionally, the company is also into management and real estate business.
65GF Score

Get the complete analysis for TSE:1888

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

円3,870.00
Price
円4,493.40
GF Value