San A Co (TSE:2659) Cyclically Adjusted PB Ratio: 1.53 (As of Aug. 13, 2026) — 10% Above Median

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TSE:2659 San A Co Ltd TSE:2659
72 GF Score
Price 円3,340.00
GF Value 円2,855.42
Valuation Modestly Overvalued
! 4 Warning Signs
View Full Analysis

What is San A Co Cyclically Adjusted PB Ratio?

San A Co TSE:2659 -1.04% 72 Cyclically Adjusted PB Ratio is 1.53 as of Aug. 13, 2026, which is 10% above its 10-year median of 1.39. GuruFocus rates TSE:2659 with a GF Score™ of 72/100 and a GF Value™ of 円2,855.42 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 798 Retail - Cyclical companies, San A Co ranks worse than 57.89% on this metric.

As of today (2026-08-13), San A Co's current share price is 円3340.00. San A Co's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2026 was 円2,178.87. San A Co's Cyclically Adjusted PB Ratio for today is 1.53.

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

TSE:2659' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.15   Med: 1.39   Max: 2.1
Current: 1.54

During the past years, San A Co's highest Cyclically Adjusted PB Ratio was 2.10. The lowest was 1.15. And the median was 1.39.

TSE:2659's Cyclically Adjusted PB Ratio is ranked worse than
57.89% of 798 companies
in the Retail - Cyclical industry
Industry Median: 1.24 vs TSE:2659: 1.54

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.

San A Co's adjusted book value per share data for the three months ended in Feb. 2026 was 円2,529.007. 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2,178.87 for the trailing ten years ended in Feb. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


San A Co  (TSE:2659) 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.


San A Co Cyclically Adjusted PB Ratio Related Terms


San A Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for San A 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.

San A Co Cyclically Adjusted PB Ratio Chart

San A Co Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.32 1.19 1.21 1.46 1.43

San A Co 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 1.41 1.34 1.32 1.43 0.00

TSE:2659 vs DDS: Cyclically Adjusted PB Ratio Comparison

For the Department Stores subindustry, San A 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.


San A Co Cyclically Adjusted PB Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, San A Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TSE:2659
72GF Score
San A Co Ltd TSE:2659
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

San A 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.

San A Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3340.00/2178.87
=1.53

* 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.

San A Co's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2026 is calculated as:

For example, San A Co'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)
=2529.007/112.2000*112.2000
=2,529.007

Current CPI (Feb. 2026) = 112.2000.

San A Co Quarterly Data

Book Value per Share CPI Adj_Book
201605 1,461.667 98.200 1,670.051
201608 1,503.277 97.900 1,722.857
201611 1,536.550 98.600 1,748.488
201702 1,578.191 98.100 1,805.026
201705 1,595.789 98.600 1,815.898
201708 1,636.179 98.500 1,863.749
201711 1,671.719 99.100 1,892.703
201802 1,717.756 99.500 1,937.007
201805 1,731.444 99.300 1,956.375
201808 1,768.345 99.800 1,988.059
201811 1,800.225 100.000 2,019.852
201902 1,839.098 99.700 2,069.677
201905 1,846.997 100.000 2,072.331
201908 1,877.892 100.000 2,106.995
201911 1,897.164 100.500 2,118.028
202002 1,932.453 100.300 2,161.727
202005 1,927.698 100.100 2,160.716
202008 1,958.217 100.100 2,194.925
202011 1,976.348 99.500 2,228.605
202102 2,000.626 99.800 2,249.201
202105 2,000.172 99.400 2,257.739
202108 2,023.637 99.700 2,277.353
202111 2,049.650 100.100 2,297.410
202202 2,080.010 100.700 2,317.548
202205 2,072.404 101.800 2,284.123
202208 2,107.198 102.700 2,302.119
202211 2,129.758 103.900 2,299.893
202302 2,168.152 104.000 2,339.102
202305 2,169.317 105.100 2,315.865
202308 2,222.515 105.900 2,354.733
202311 2,258.346 106.900 2,370.313
202402 2,303.313 106.900 2,417.509
202405 2,293.365 108.100 2,380.347
202408 2,344.141 109.100 2,410.748
202411 2,379.886 110.000 2,427.484
202502 2,433.931 110.800 2,464.685
202505 2,401.265 111.800 2,409.856
202508 2,449.893 112.100 2,452.078
202511 2,486.564 113.200 2,464.598
202602 2,529.007 112.200 2,529.007

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 1.53 mean?
San A Co (TSE:2659) has a Cyclically Adjusted PB Ratio of 1.53 as of Aug. 13, 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 San A Co and its competitors. This is 10% above median its historical median of 1.39. Over the past decade, San A Co's Cyclically Adjusted PB Ratio has ranged from 1.15 to 2.10. According to the industry distribution chart, San A Co ranks #462 out of 798 companies in the Retail - Cyclical industry, placing it in the top 57.9%.
Is San A Co's Cyclically Adjusted PB Ratio too high?
San A Co's current Cyclically Adjusted PB Ratio of 1.53 is 10% above median its 10-year median of 1.39. Over the past 10 years, this metric has ranged from a low of 1.15 to a high of 2.10. The Retail - Cyclical industry median Cyclically Adjusted PB Ratio is 1.24. San A Co's value of 1.53 is 23.4% above this industry median. Based on the distribution chart, San A Co ranks #462 out of 798 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, San A Co has a GF Score™ of 72/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does San A Co's Cyclically Adjusted PB Ratio compare to DDS?
According to the Retail - Cyclical industry distribution chart, San A Co ranks #462 out of 798 companies for Cyclically Adjusted PB Ratio. This places San A Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.24. San A Co's value of 1.53 is 23.4% above this benchmark. Historically, San A Co's own Cyclically Adjusted PB Ratio has ranged from 1.15 to 2.10 over the past decade. While the company's 10-year median is 1.39 vs. the industry median of 1.24, San A 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 Retail - Cyclical company?
The median Cyclically Adjusted PB Ratio among Retail - Cyclical companies is 1.24, based on 798 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. San A Co's current Cyclically Adjusted PB Ratio of 1.53 is 23.4% 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 San A Co and its competitors. For the Retail - Cyclical industry, the median Cyclically Adjusted PB Ratio is 1.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. San A Co's current Cyclically Adjusted PB Ratio is 1.53, which is 10% above median its own 10-year median of 1.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is San A Co stock overvalued right now?
Based on GuruFocus' analysis, San A Co (TSE:2659) is currently considered Modestly Overvalued. The stock's GF Value™ is 円2,855.42, compared to a current price of 円3,340.00 — trading 17% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.53, which is 10% above median its 10-year median of 1.39 and 23.4% above the Retail - Cyclical industry median of 1.24. San A Co's overall GF Score™ is 72/100 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 San A Co (TSE:2659), the current Cyclically Adjusted PB Ratio is 1.53 as of Aug. 13, 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 San A Co (TSE:2659) Overvalued in 2026?

Based on GuruFocus' analysis, San A Co stock appears to be overvalued. The current stock price of 円3,340.00 is trading 17% above its estimated GF Value™ of 円2,855.42. GuruFocus considers San A Co to be Modestly Overvalued.

Key valuation signals for TSE:2659:

  • Cyclically Adjusted PB Ratio: 1.53 (10% above median its 10-year median of 1.39)
  • GF Value™: 円2,855.42 vs. price of 円3,340.00 (17% above fair value)
  • GF Score™: 72/100 with 4 warning signs
  • Industry Position: 23.4% above the Retail - Cyclical median (#462 of 798)

No single metric tells the full story. See the TSE:2659 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


San A Co Business Description

Other Exchanges SNAAF:USA
Address 7-2-10 Oyama, Okinawa Prefecture, Ginowan, JPN, 901-2733
San A Co Ltd is an operator of a supermarket chain and shopping malls. The shopping malls include restaurants and retailers offering home appliances, cosmetic products, clothing, and food items. The company operates in Japan.
72GF Score

Get the complete analysis for TSE:2659

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

円3,340.00
Price
円2,855.42
GF Value