E J Holdings (TSE:2153) Cyclically Adjusted PB Ratio: 1.04 (As of Jul. 29, 2026) — Near Median

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TSE:2153 E J Holdings Inc TSE:2153
57 GF Score
Price 円1,762.00
GF Value 円1,773.50
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is E J Holdings Cyclically Adjusted PB Ratio?

E J Holdings TSE:2153 -0.11% 57 Cyclically Adjusted PB Ratio is 1.04 as of Jul. 29, 2026, which is 4% above its 10-year median of 1.00. GuruFocus rates TSE:2153 with a GF Score™ of 57/100 and a GF Value™ of 円1,773.50 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,357 Construction companies, E J Holdings ranks better than 54.68% on this metric.

As of today (2026-07-29), E J Holdings's current share price is 円1762.00. E J Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2026 was 円1,689.06. E J Holdings's Cyclically Adjusted PB Ratio for today is 1.04.

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

TSE:2153' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.47   Med: 1   Max: 1.27
Current: 1.03

During the past years, E J Holdings's highest Cyclically Adjusted PB Ratio was 1.27. The lowest was 0.47. And the median was 1.00.

TSE:2153's Cyclically Adjusted PB Ratio is ranked better than
54.68% of 1357 companies
in the Construction industry
Industry Median: 1.16 vs TSE:2153: 1.03

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.

E J Holdings's adjusted book value per share data for the three months ended in Feb. 2026 was 円1,954.328. 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1,689.06 for the trailing ten years ended in Feb. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


E J Holdings  (TSE:2153) 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.


E J Holdings Cyclically Adjusted PB Ratio Related Terms


E J Holdings Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for E J Holdings'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.

E J Holdings Cyclically Adjusted PB Ratio Chart

E J Holdings Annual Data
Trend May17 May18 May19 May20 May21 May22 May23 May24 May25 May26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.91 1.07 1.18 0.97 0.00

E J Holdings Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 0.97 1.07 1.01 1.15 0.00

TSE:2153 vs PWR, FIX, EME: Cyclically Adjusted PB Ratio Comparison

For the Engineering & Construction subindustry, E J Holdings'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.


E J Holdings Cyclically Adjusted PB Ratio vs Construction Industry

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

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


TSE:2153
57GF Score
E J Holdings Inc TSE:2153
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

E J Holdings 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.

E J Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1762.00/1689.06
=1.04

* 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.

E J Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2026 is calculated as:

For example, E J Holdings's adjusted Book Value per Share data for the three months ended in Feb. 2026 was:

Adj_Book=Book Value per Share/CPI of Feb. 2026 (Change)*Current CPI (Feb. 2026)
=1954.328/112.2000*112.2000
=1,954.328

Current CPI (Feb. 2026) = 112.2000.

E J Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201605 1,317.422 98.200 1,505.242
201608 1,215.157 97.900 1,392.652
201611 1,165.592 98.600 1,326.363
201702 1,136.585 98.100 1,299.947
201705 1,286.760 98.600 1,464.244
201708 1,211.847 98.500 1,380.398
201711 1,180.139 99.100 1,336.141
201802 1,182.230 99.500 1,333.128
201805 1,371.984 99.300 1,550.218
201808 1,412.667 99.800 1,588.189
201811 1,358.132 100.000 1,523.824
201902 1,347.156 99.700 1,516.057
201905 1,334.706 100.000 1,497.540
201908 1,279.253 100.000 1,435.322
201911 1,269.030 100.500 1,416.768
202002 1,264.470 100.300 1,414.492
202005 1,493.643 100.100 1,674.193
202008 1,439.627 100.100 1,613.648
202011 1,437.549 99.500 1,621.035
202102 1,465.708 99.800 1,647.820
202105 1,601.068 99.400 1,807.242
202108 1,531.281 99.700 1,723.267
202111 1,525.063 100.100 1,709.411
202202 1,538.359 100.700 1,714.041
202205 1,763.497 101.800 1,943.658
202208 1,683.253 102.700 1,838.958
202211 1,669.036 103.900 1,802.366
202302 1,686.199 104.000 1,819.149
202305 1,910.429 105.100 2,039.487
202308 1,825.336 105.900 1,933.925
202311 1,805.485 106.900 1,894.999
202402 1,847.066 106.900 1,938.642
202405 2,077.997 108.100 2,156.811
202408 1,958.929 109.100 2,014.591
202411 1,921.304 110.000 1,959.730
202502 1,920.667 110.800 1,944.935
202505 1,922.795 111.800 1,929.674
202508 1,970.565 112.100 1,972.323
202511 1,944.660 113.200 1,927.481
202602 1,954.328 112.200 1,954.328

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 1.04 mean?
E J Holdings (TSE:2153) has a Cyclically Adjusted PB Ratio of 1.04 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 E J Holdings and its competitors. This is near median its historical median of 1.00. Over the past decade, E J Holdings' Cyclically Adjusted PB Ratio has ranged from 0.47 to 1.27. According to the industry distribution chart, E J Holdings ranks #615 out of 1357 companies in the Construction industry, placing it in the top 45.3%.
Is E J Holdings' Cyclically Adjusted PB Ratio too high?
E J Holdings' current Cyclically Adjusted PB Ratio of 1.04 is near median its 10-year median of 1.00. Over the past 10 years, this metric has ranged from a low of 0.47 to a high of 1.27. The Construction industry median Cyclically Adjusted PB Ratio is 1.16. E J Holdings' value of 1.04 is 10.3% below this industry median. Based on the distribution chart, E J Holdings ranks #615 out of 1357 companies in the Construction industry, which is above the industry midpoint. Overall, E J Holdings has a GF Score™ of 57/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does E J Holdings' Cyclically Adjusted PB Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, E J Holdings ranks #615 out of 1357 companies for Cyclically Adjusted PB Ratio. This puts E J Holdings in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.16. E J Holdings' value of 1.04 is 10.3% below this benchmark. Historically, E J Holdings' own Cyclically Adjusted PB Ratio has ranged from 0.47 to 1.27 over the past decade. While the company's 10-year median is 1.00 vs. the industry median of 1.16, E J Holdings has consistently been below 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 1,357 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. E J Holdings's current Cyclically Adjusted PB Ratio of 1.04 is 10.3% below 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 E J Holdings 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. E J Holdings's current Cyclically Adjusted PB Ratio is 1.04, which is near median its own 10-year median of 1.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is E J Holdings stock overvalued right now?
Based on GuruFocus' analysis, E J Holdings (TSE:2153) is currently considered Fairly Valued. The stock's GF Value™ is 円1,773.50, compared to a current price of 円1,762.00 — trading 0.6% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.04, which is near median its 10-year median of 1.00 and 10.3% below the Construction industry median of 1.16. E J Holdings' overall GF Score™ is 57/100 with 4 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 E J Holdings (TSE:2153), the current Cyclically Adjusted PB Ratio is 1.04 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 E J Holdings (TSE:2153) Overvalued in 2026?

Based on GuruFocus' analysis, E J Holdings stock appears to be undervalued. The current stock price of 円1,762.00 is trading 0.6% below its estimated GF Value™ of 円1,773.50. GuruFocus considers E J Holdings to be Fairly Valued.

Key valuation signals for TSE:2153:

  • Cyclically Adjusted PB Ratio: 1.04 (near median its 10-year median of 1.00)
  • GF Value™: 円1,773.50 vs. price of 円1,762.00 (0.6% below fair value)
  • GF Score™: 57/100 with 4 warning signs
  • Industry Position: 10.3% below the Construction median (#615 of 1357)

No single metric tells the full story. See the TSE:2153 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


E J Holdings Business Description

Address 3 - chome 1-21 Tsujima - kyo cho Kita - ku, Okayama, JPN, 700 - 0087
E J Holdings Inc is a business service provider. The business of the company includes planning, managing, and supervising business execution of affiliated companies, and oversee the management of entire group.
57GF Score

Get the complete analysis for TSE:2153

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

円1,762.00
Price
円1,773.50
GF Value