Nihonwasou Holdings (TSE:2499) Cyclically Adjusted PB Ratio: 0.80 (As of Aug. 11, 2026) — 17% Below Median

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TSE:2499 Nihonwasou Holdings Inc TSE:2499
54 GF Score
Price 円293.00
GF Value 円308.12
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Nihonwasou Holdings Cyclically Adjusted PB Ratio?

Nihonwasou Holdings TSE:2499 +1.38% 54 Cyclically Adjusted PB Ratio is 0.80 as of Aug. 11, 2026, which is 17% below its 10-year median of 0.96. GuruFocus rates TSE:2499 with a GF Score™ of 54/100 and a GF Value™ of 円308.12 (Fairly Valued). The stock has 4 warning signs investors should review. Among 724 Business Services companies, Nihonwasou Holdings ranks better than 74.17% on this metric.

As of today (2026-08-11), Nihonwasou Holdings's current share price is 円293.00. Nihonwasou Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was 円366.20. Nihonwasou Holdings's Cyclically Adjusted PB Ratio for today is 0.80.

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

TSE:2499' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.71   Med: 0.96   Max: 2.22
Current: 0.79

During the past years, Nihonwasou Holdings's highest Cyclically Adjusted PB Ratio was 2.22. The lowest was 0.71. And the median was 0.96.

TSE:2499's Cyclically Adjusted PB Ratio is ranked better than
74.17% of 724 companies
in the Business Services industry
Industry Median: 1.56 vs TSE:2499: 0.79

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.

Nihonwasou Holdings's adjusted book value per share data for the three months ended in Dec. 2025 was 円411.715. 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366.20 for the trailing ten years ended in Dec. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nihonwasou Holdings  (TSE:2499) 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.


Nihonwasou Holdings Cyclically Adjusted PB Ratio Related Terms


Nihonwasou Holdings Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Nihonwasou 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.

Nihonwasou Holdings Cyclically Adjusted PB Ratio Chart

Nihonwasou Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.88 0.94 1.06 0.89 0.99

Nihonwasou Holdings Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 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 0.88 0.94 1.02 0.99 0.00

TSE:2499 vs CTAS, CPRT, GPN: Cyclically Adjusted PB Ratio Comparison

For the Specialty Business Services subindustry, Nihonwasou 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.


Nihonwasou Holdings Cyclically Adjusted PB Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, Nihonwasou Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TSE:2499
54GF Score
Nihonwasou Holdings Inc TSE:2499
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nihonwasou 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=293.00/366.20
=0.80

* 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.

Nihonwasou Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 is calculated as:

For example, Nihonwasou Holdings's adjusted Book Value per Share data for the three months ended in Dec. 2025 was:

Adj_Book=Book Value per Share/CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=411.715/113.0000*113.0000
=411.715

Current CPI (Dec. 2025) = 113.0000.

Nihonwasou Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201512 249.432 98.100 287.317
201603 227.030 97.900 262.047
201606 243.601 98.100 280.601
201609 242.956 98.000 280.143
201612 265.087 98.400 304.419
201703 248.822 98.100 286.615
201706 276.044 98.500 316.680
201709 276.622 98.800 316.379
201712 289.003 99.400 328.545
201803 284.770 99.200 324.385
201806 310.444 99.200 353.631
201809 317.407 99.900 359.029
201812 325.756 99.700 369.212
201903 315.878 99.700 358.016
201906 336.939 99.800 381.504
201909 343.891 100.100 388.209
201912 343.748 100.500 386.503
202003 334.631 100.300 377.002
202006 297.428 99.900 336.430
202009 316.057 99.900 357.502
202012 344.945 99.300 392.536
202103 330.738 99.900 374.108
202106 349.677 99.500 397.121
202109 349.868 100.100 394.956
202112 363.658 100.100 410.523
202203 350.778 101.100 392.066
202206 369.527 101.800 410.182
202209 370.250 103.100 405.803
202212 374.781 104.100 406.823
202303 360.022 104.400 389.679
202306 377.430 105.200 405.414
202309 377.174 106.200 401.325
202312 381.271 106.800 403.405
202403 372.214 107.200 392.352
202406 379.968 108.200 396.824
202412 400.694 110.700 409.019
202503 389.014 111.100 395.667
202506 396.821 111.700 401.439
202509 399.271 112.000 402.836
202512 411.715 113.000 411.715

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 0.80 mean?
Nihonwasou Holdings (TSE:2499) has a Cyclically Adjusted PB Ratio of 0.80 as of Aug. 11, 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 Nihonwasou Holdings and its competitors. This is 17% below median its historical median of 0.96. Over the past decade, Nihonwasou Holdings' Cyclically Adjusted PB Ratio has ranged from 0.71 to 2.22. According to the industry distribution chart, Nihonwasou Holdings ranks #187 out of 724 companies in the Business Services industry, placing it in the top 25.8%.
Is Nihonwasou Holdings' Cyclically Adjusted PB Ratio too high?
Nihonwasou Holdings' current Cyclically Adjusted PB Ratio of 0.80 is 17% below median its 10-year median of 0.96. Over the past 10 years, this metric has ranged from a low of 0.71 to a high of 2.22. The Business Services industry median Cyclically Adjusted PB Ratio is 1.56. Nihonwasou Holdings' value of 0.80 is 48.7% below this industry median. Based on the distribution chart, Nihonwasou Holdings ranks #187 out of 724 companies in the Business Services industry, which is above the industry midpoint. Overall, Nihonwasou Holdings has a GF Score™ of 54/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nihonwasou Holdings' Cyclically Adjusted PB Ratio compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Nihonwasou Holdings ranks #187 out of 724 companies for Cyclically Adjusted PB Ratio. This puts Nihonwasou Holdings in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.56. Nihonwasou Holdings' value of 0.80 is 48.7% below this benchmark. Historically, Nihonwasou Holdings' own Cyclically Adjusted PB Ratio has ranged from 0.71 to 2.22 over the past decade. While the company's 10-year median is 0.96 vs. the industry median of 1.56, Nihonwasou 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 Business Services company?
The median Cyclically Adjusted PB Ratio among Business Services companies is 1.56, based on 724 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. Nihonwasou Holdings's current Cyclically Adjusted PB Ratio of 0.80 is 48.7% 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 Nihonwasou Holdings and its competitors. For the Business Services industry, the median Cyclically Adjusted PB Ratio is 1.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nihonwasou Holdings's current Cyclically Adjusted PB Ratio is 0.80, which is 17% below median its own 10-year median of 0.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nihonwasou Holdings stock overvalued right now?
Based on GuruFocus' analysis, Nihonwasou Holdings (TSE:2499) is currently considered Fairly Valued. The stock's GF Value™ is 円308.12, compared to a current price of 円293.00 — trading 4.9% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.80, which is 17% below median its 10-year median of 0.96 and 48.7% below the Business Services industry median of 1.56. Nihonwasou Holdings' overall GF Score™ is 54/100 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 Nihonwasou Holdings (TSE:2499), the current Cyclically Adjusted PB Ratio is 0.80 as of Aug. 11, 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 Nihonwasou Holdings (TSE:2499) Overvalued in 2026?

Based on GuruFocus' analysis, Nihonwasou Holdings stock appears to be undervalued. The current stock price of 円293.00 is trading 4.9% below its estimated GF Value™ of 円308.12. GuruFocus considers Nihonwasou Holdings to be Fairly Valued.

Key valuation signals for TSE:2499:

  • Cyclically Adjusted PB Ratio: 0.80 (17% below median its 10-year median of 0.96)
  • GF Value™: 円308.12 vs. price of 円293.00 (4.9% below fair value)
  • GF Score™: 54/100 with 4 warning signs
  • Industry Position: 48.7% below the Business Services median (#187 of 724)

No single metric tells the full story. See the TSE:2499 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nihonwasou Holdings Business Description

Address 1-2-1 Tokio Marine & Nichido Annex Building 6F, Marunouchi, Chiyoda-ku, Tokyo, JPN
Nihonwasou Holdings Inc is engaged in the operation of kimono refreshment center, sales promotion agency, educational guidance for kimono and sewing, brokerage of sales contract for Japanese clothing and cosmetic items, tailoring Kimonos, kimono maintenance industry, and research and development and sale of jewelry accessories.
54GF Score

Get the complete analysis for TSE:2499

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

円293.00
Price
円308.12
GF Value