Gokurakuyu Holdings Co (TSE:2340) Cyclically Adjusted PB Ratio: 2.35 (As of Aug. 08, 2026) — 68% Above Median

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TSE:2340 Gokurakuyu Holdings Co Ltd TSE:2340
48 GF Score
Price 円511.00
GF Value 円461.90
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Gokurakuyu Holdings Co Cyclically Adjusted PB Ratio?

Gokurakuyu Holdings Co TSE:2340 -0.58% 48 Cyclically Adjusted PB Ratio is 2.35 as of Aug. 08, 2026, which is 68% above its 10-year median of 1.40. GuruFocus rates TSE:2340 with a GF Score™ of 48/100 and a GF Value™ of 円461.90 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 643 Travel & Leisure companies, Gokurakuyu Holdings Co ranks worse than 70.45% on this metric.

As of today (2026-08-08), Gokurakuyu Holdings Co's current share price is 円511.00. Gokurakuyu Holdings Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円217.24. Gokurakuyu Holdings Co's Cyclically Adjusted PB Ratio for today is 2.35.

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

TSE:2340' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.66   Med: 1.4   Max: 2.31
Current: 2.31

During the past years, Gokurakuyu Holdings Co's highest Cyclically Adjusted PB Ratio was 2.31. The lowest was 0.66. And the median was 1.40.

TSE:2340's Cyclically Adjusted PB Ratio is ranked worse than
70.45% of 643 companies
in the Travel & Leisure industry
Industry Median: 1.2 vs TSE:2340: 2.31

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.

Gokurakuyu Holdings Co's adjusted book value per share data for the three months ended in Mar. 2026 was 円154.661. 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217.24 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Gokurakuyu Holdings Co  (TSE:2340) 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.


Gokurakuyu Holdings Co Cyclically Adjusted PB Ratio Related Terms


Gokurakuyu Holdings Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Gokurakuyu Holdings 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.

Gokurakuyu Holdings Co Cyclically Adjusted PB Ratio Chart

Gokurakuyu Holdings 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 0.89 0.88 1.55 1.96 2.23

Gokurakuyu Holdings Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 1.96 0.00 0.00 0.00 2.23

TSE:2340 vs AS, HAS, LTH: Cyclically Adjusted PB Ratio Comparison

For the Leisure subindustry, Gokurakuyu Holdings 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.


Gokurakuyu Holdings Co Cyclically Adjusted PB Ratio vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Gokurakuyu Holdings Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TSE:2340
48GF Score
Gokurakuyu Holdings Co Ltd TSE:2340
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Gokurakuyu Holdings 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.

Gokurakuyu Holdings Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=511.00/217.24
=2.35

* 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.

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

For example, Gokurakuyu Holdings 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)
=154.661/112.7000*112.7000
=154.661

Current CPI (Mar. 2026) = 112.7000.

Gokurakuyu Holdings Co Quarterly Data

Book Value per Share CPI Adj_Book
201603 383.725 97.900 441.734
201606 355.773 98.100 408.722
201609 371.686 98.000 427.439
201612 321.652 98.400 368.396
201703 384.628 98.100 441.871
201706 347.491 98.500 397.586
201709 438.971 98.800 500.729
201712 436.801 99.400 495.246
201803 454.565 99.200 516.426
201806 431.954 99.200 490.738
201809 423.943 99.900 478.262
201812 398.419 99.700 450.369
201903 434.644 99.700 491.318
201906 406.763 99.800 459.341
201909 396.590 100.100 446.510
201912 404.539 100.500 453.647
202003 227.669 100.300 255.816
202006 170.301 99.900 192.121
202009 161.234 99.900 181.893
202012 158.399 99.300 179.774
202103 71.988 99.900 81.212
202106 83.501 99.500 94.579
202109 85.672 100.100 96.456
202112 114.585 100.100 129.008
202203 -0.614 101.100 -0.684
202206 0.378 101.800 0.418
202209 5.543 103.100 6.059
202212 7.308 104.100 7.912
202303 6.548 104.400 7.069
202306 6.066 105.200 6.498
202309 71.473 106.200 75.848
202312 75.653 106.800 79.832
202403 96.406 107.200 101.352
202406 95.285 108.200 99.248
202409 114.630 108.900 118.630
202503 121.602 111.100 123.353
202506 120.463 111.700 121.541
202509 141.889 112.000 142.776
202512 139.643 113.000 139.272
202603 154.661 112.700 154.661

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 2.35 mean?
Gokurakuyu Holdings Co (TSE:2340) has a Cyclically Adjusted PB Ratio of 2.35 as of Aug. 08, 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 Gokurakuyu Holdings Co and its competitors. This is 68% above median its historical median of 1.40. Over the past decade, Gokurakuyu Holdings Co's Cyclically Adjusted PB Ratio has ranged from 0.66 to 2.31. According to the industry distribution chart, Gokurakuyu Holdings Co ranks #453 out of 643 companies in the Travel & Leisure industry, placing it in the top 70.5%.
Is Gokurakuyu Holdings Co's Cyclically Adjusted PB Ratio too high?
Gokurakuyu Holdings Co's current Cyclically Adjusted PB Ratio of 2.35 is 68% above median its 10-year median of 1.40. Over the past 10 years, this metric has ranged from a low of 0.66 to a high of 2.31. The Travel & Leisure industry median Cyclically Adjusted PB Ratio is 1.20. Gokurakuyu Holdings Co's value of 2.35 is 95.8% above this industry median. Based on the distribution chart, Gokurakuyu Holdings Co ranks #453 out of 643 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, Gokurakuyu Holdings Co has a GF Score™ of 48/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Gokurakuyu Holdings Co's Cyclically Adjusted PB Ratio compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, Gokurakuyu Holdings Co ranks #453 out of 643 companies for Cyclically Adjusted PB Ratio. This places Gokurakuyu Holdings Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.20. Gokurakuyu Holdings Co's value of 2.35 is 95.8% above this benchmark. Historically, Gokurakuyu Holdings Co's own Cyclically Adjusted PB Ratio has ranged from 0.66 to 2.31 over the past decade. While the company's 10-year median is 1.40 vs. the industry median of 1.20, Gokurakuyu Holdings 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 Travel & Leisure company?
The median Cyclically Adjusted PB Ratio among Travel & Leisure companies is 1.20, based on 643 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. Gokurakuyu Holdings Co's current Cyclically Adjusted PB Ratio of 2.35 is 95.8% 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 Gokurakuyu Holdings Co and its competitors. For the Travel & Leisure industry, the median Cyclically Adjusted PB Ratio is 1.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gokurakuyu Holdings Co's current Cyclically Adjusted PB Ratio is 2.35, which is 68% above median its own 10-year median of 1.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gokurakuyu Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Gokurakuyu Holdings Co (TSE:2340) is currently considered Modestly Overvalued. The stock's GF Value™ is 円461.90, compared to a current price of 円511.00 — trading 10.6% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.35, which is 68% above median its 10-year median of 1.40 and 95.8% above the Travel & Leisure industry median of 1.20. Gokurakuyu Holdings Co's overall GF Score™ is 48/100 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 Gokurakuyu Holdings Co (TSE:2340), the current Cyclically Adjusted PB Ratio is 2.35 as of Aug. 08, 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 Gokurakuyu Holdings Co (TSE:2340) Overvalued in 2026?

Based on GuruFocus' analysis, Gokurakuyu Holdings Co stock appears to be overvalued. The current stock price of 円511.00 is trading 10.6% above its estimated GF Value™ of 円461.90. GuruFocus considers Gokurakuyu Holdings Co to be Modestly Overvalued.

Key valuation signals for TSE:2340:

  • Cyclically Adjusted PB Ratio: 2.35 (68% above median its 10-year median of 1.40)
  • GF Value™: 円461.90 vs. price of 円511.00 (10.6% above fair value)
  • GF Score™: 48/100 with 4 warning signs
  • Industry Position: 95.8% above the Travel & Leisure median (#453 of 643)

No single metric tells the full story. See the TSE:2340 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Gokurakuyu Holdings Co Business Description

Address 2-4 KojimachI, 6th floor, Kojimachi Tsuruya Hachiman Building, Tokyo, JPN, 102-0083
Gokurakuyu Holdings Co Ltd is engaged in offering health related service called Gokurakuyu which include bath, meal, and relaxation in Japan.
48GF Score

Get the complete analysis for TSE:2340

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

円511.00
Price
円461.90
GF Value