Human Holdings Co (TSE:2415) Cyclically Adjusted PB Ratio: 1.25 (As of Aug. 09, 2026) — Near Median

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TSE:2415 Human Holdings Co Ltd TSE:2415
77 GF Score
Price 円1,631.00
GF Value 円1,624.17
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Human Holdings Co Cyclically Adjusted PB Ratio?

Human Holdings Co TSE:2415 +0.99% 77 Cyclically Adjusted PB Ratio is 1.25 as of Aug. 09, 2026, which is 2% below its 10-year median of 1.27. GuruFocus rates TSE:2415 with a GF Score™ of 77/100 and a GF Value™ of 円1,624.17 (Fairly Valued). The stock has 3 warning signs investors should review. Among 160 Education companies, Human Holdings Co ranks worse than 55% on this metric.

As of today (2026-08-09), Human Holdings Co's current share price is 円1631.00. Human Holdings Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円1,307.32. Human Holdings Co's Cyclically Adjusted PB Ratio for today is 1.25.

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

TSE:2415' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.87   Med: 1.27   Max: 4.02
Current: 1.25

During the past years, Human Holdings Co's highest Cyclically Adjusted PB Ratio was 4.02. The lowest was 0.87. And the median was 1.27.

TSE:2415's Cyclically Adjusted PB Ratio is ranked worse than
55% of 160 companies
in the Education industry
Industry Median: 1.16 vs TSE:2415: 1.25

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.

Human Holdings Co's adjusted book value per share data for the three months ended in Mar. 2026 was 円1,882.075. 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1,307.32 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Human Holdings Co  (TSE:2415) 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.


Human Holdings Co Cyclically Adjusted PB Ratio Related Terms


Human Holdings Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Human 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.

Human Holdings Co Cyclically Adjusted PB Ratio Chart

Human 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 1.06 0.97 1.26 1.33 1.30

Human Holdings Co 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 1.33 1.38 1.68 1.51 1.30

TSE:2415 vs EDU, TAL, LAUR: Cyclically Adjusted PB Ratio Comparison

For the Education & Training Services subindustry, Human 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.


Human Holdings Co Cyclically Adjusted PB Ratio vs Education Industry

For the Education industry and Consumer Defensive sector, Human Holdings Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TSE:2415
77GF Score
Human Holdings Co Ltd TSE:2415
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Human 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1631.00/1307.32
=1.25

* 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.

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

For example, Human 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)
=1882.075/112.7000*112.7000
=1,882.075

Current CPI (Mar. 2026) = 112.7000.

Human Holdings Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 764.712 98.100 878.522
201609 783.541 98.000 901.072
201612 789.720 98.400 904.486
201703 812.984 98.100 933.979
201706 821.904 98.500 940.392
201709 851.140 98.800 970.885
201712 876.664 99.400 993.964
201803 898.437 99.200 1,020.704
201806 908.098 99.200 1,031.680
201809 920.336 99.900 1,038.257
201812 964.376 99.700 1,090.122
201903 985.407 99.700 1,113.895
201906 981.611 99.800 1,108.493
201909 1,002.415 100.100 1,128.593
201912 1,025.098 100.500 1,149.538
202003 1,040.957 100.300 1,169.650
202006 1,066.304 99.900 1,202.928
202009 1,094.009 99.900 1,234.182
202012 1,149.226 99.300 1,304.308
202103 1,144.793 99.900 1,291.473
202106 1,145.138 99.500 1,297.056
202109 1,175.698 100.100 1,323.688
202112 1,206.370 100.100 1,358.221
202203 1,252.582 101.100 1,396.301
202206 1,256.136 101.800 1,390.634
202209 1,271.853 103.100 1,390.280
202212 1,303.578 104.100 1,411.270
202303 1,352.849 104.400 1,460.403
202306 1,347.002 105.200 1,443.034
202309 1,382.216 106.200 1,466.815
202312 1,461.871 106.800 1,542.630
202403 1,554.524 107.200 1,634.280
202406 1,517.288 108.200 1,580.391
202409 1,551.062 108.900 1,605.185
202412 1,631.955 110.700 1,661.439
202503 1,743.697 111.100 1,768.809
202506 1,707.337 111.700 1,722.622
202509 1,739.779 112.000 1,750.653
202512 1,804.856 113.000 1,800.064
202603 1,882.075 112.700 1,882.075

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 1.25 mean?
Human Holdings Co (TSE:2415) has a Cyclically Adjusted PB Ratio of 1.25 as of Aug. 09, 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 Human Holdings Co and its competitors. This is near median its historical median of 1.27. Over the past decade, Human Holdings Co's Cyclically Adjusted PB Ratio has ranged from 0.87 to 4.02. According to the industry distribution chart, Human Holdings Co ranks #88 out of 160 companies in the Education industry, placing it in the top 55%.
Is Human Holdings Co's Cyclically Adjusted PB Ratio too high?
Human Holdings Co's current Cyclically Adjusted PB Ratio of 1.25 is near median its 10-year median of 1.27. Over the past 10 years, this metric has ranged from a low of 0.87 to a high of 4.02. The Education industry median Cyclically Adjusted PB Ratio is 1.16. Human Holdings Co's value of 1.25 is 7.8% above this industry median. Based on the distribution chart, Human Holdings Co ranks #88 out of 160 companies in the Education industry, which is below the industry midpoint. Overall, Human Holdings Co has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Human Holdings Co's Cyclically Adjusted PB Ratio compare to EDU and TAL?
According to the Education industry distribution chart, Human Holdings Co ranks #88 out of 160 companies for Cyclically Adjusted PB Ratio. This places Human Holdings Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.16. Human Holdings Co's value of 1.25 is 7.8% above this benchmark. Historically, Human Holdings Co's own Cyclically Adjusted PB Ratio has ranged from 0.87 to 4.02 over the past decade. While the company's 10-year median is 1.27 vs. the industry median of 1.16, Human 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 an Education company?
The median Cyclically Adjusted PB Ratio among Education companies is 1.16, based on 160 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. Human Holdings Co's current Cyclically Adjusted PB Ratio of 1.25 is 7.8% 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 Human Holdings Co and its competitors. For the Education 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. Human Holdings Co's current Cyclically Adjusted PB Ratio is 1.25, which is near median its own 10-year median of 1.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Human Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Human Holdings Co (TSE:2415) is currently considered Fairly Valued. The stock's GF Value™ is 円1,624.17, compared to a current price of 円1,631.00 — trading 0.4% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.25, which is near median its 10-year median of 1.27 and 7.8% above the Education industry median of 1.16. Human Holdings Co's overall GF Score™ is 77/100 with 3 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 Human Holdings Co (TSE:2415), the current Cyclically Adjusted PB Ratio is 1.25 as of Aug. 09, 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 Human Holdings Co (TSE:2415) Overvalued in 2026?

Based on GuruFocus' analysis, Human Holdings Co stock appears to be overvalued. The current stock price of 円1,631.00 is trading 0.4% above its estimated GF Value™ of 円1,624.17. GuruFocus considers Human Holdings Co to be Fairly Valued.

Key valuation signals for TSE:2415:

  • Cyclically Adjusted PB Ratio: 1.25 (near median its 10-year median of 1.27)
  • GF Value™: 円1,624.17 vs. price of 円1,631.00 (0.4% above fair value)
  • GF Score™: 77/100 with 3 warning signs
  • Industry Position: 7.8% above the Education median (#88 of 160)

No single metric tells the full story. See the TSE:2415 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Human Holdings Co Business Description

Address Nishi-Shinjuku Prime Square, 1st Floor, 7-5-25 Nishi Shinjuku, Shinjuku-ku, Tokyo, JPN, 160-0023
Human Holdings Co Ltd provides human resource employment and education services. It offers Child education, Education for workers, Business training for corporations, Language global education, among others.
77GF Score

Get the complete analysis for TSE:2415

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

円1,631.00
Price
円1,624.17
GF Value