Can Do Co (TSE:2698) Cyclically Adjusted PB Ratio: 4.49 (As of Aug. 14, 2026) — 43% Above Median

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TSE:2698 Can Do Co Ltd TSE:2698
63 GF Score
Price 円3,630.00
GF Value 円3,548.54
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Can Do Co Cyclically Adjusted PB Ratio?

Can Do Co TSE:2698 +0.28% 63 Cyclically Adjusted PB Ratio is 4.49 as of Aug. 14, 2026, which is 43% above its 10-year median of 3.13. GuruFocus rates TSE:2698 with a GF Score™ of 63/100 and a GF Value™ of 円3,548.54 (Fairly Valued). The stock has 3 warning signs investors should review. Among 231 Retail - Defensive companies, Can Do Co ranks worse than 79.22% on this metric.

As of today (2026-08-14), Can Do Co's current share price is 円3630.00. Can Do Co's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2026 was 円809.29. Can Do Co's Cyclically Adjusted PB Ratio for today is 4.49.

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

TSE:2698' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.12   Med: 3.13   Max: 5
Current: 4.49

During the past years, Can Do Co's highest Cyclically Adjusted PB Ratio was 5.00. The lowest was 2.12. And the median was 3.13.

TSE:2698's Cyclically Adjusted PB Ratio is ranked worse than
79.22% of 231 companies
in the Retail - Defensive industry
Industry Median: 1.64 vs TSE:2698: 4.49

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.

Can Do Co's adjusted book value per share data for the three months ended in Feb. 2026 was 円658.271. 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809.29 for the trailing ten years ended in Feb. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Can Do Co  (TSE:2698) 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.


Can Do Co Cyclically Adjusted PB Ratio Related Terms


Can Do Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Can Do 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.

Can Do Co Cyclically Adjusted PB Ratio Chart

Can Do Co Annual Data
Trend Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Feb24 Feb25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.65 3.22 2.83 3.42 4.01

Can Do Co Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 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 4.32 4.56 4.27 4.28 0.00

TSE:2698 vs WMT, COST, TGT: Cyclically Adjusted PB Ratio Comparison

For the Discount Stores subindustry, Can Do 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.


Can Do Co Cyclically Adjusted PB Ratio vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Can Do Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TSE:2698
63GF Score
Can Do Co Ltd TSE:2698
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Can Do 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.

Can Do Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3630.00/809.29
=4.49

* 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.

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

For example, Can Do 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)
=658.271/112.2000*112.2000
=658.271

Current CPI (Feb. 2026) = 112.2000.

Can Do Co Quarterly Data

Book Value per Share CPI Adj_Book
201602 679.663 97.800 779.736
201605 660.267 98.200 754.399
201608 666.175 97.900 763.481
201611 690.224 98.600 785.427
201702 705.810 98.100 807.257
201705 727.267 98.600 827.580
201708 733.493 98.500 835.512
201711 742.035 99.100 840.124
201802 757.180 99.500 853.825
201805 775.592 99.300 876.349
201808 780.620 99.800 877.611
201811 778.232 100.000 873.176
201902 788.789 99.700 887.684
201905 800.226 100.000 897.854
201908 793.439 100.000 890.239
201911 769.318 100.500 858.880
202002 777.987 100.300 870.291
202005 793.064 100.100 888.929
202008 792.373 100.100 888.154
202011 789.513 99.500 890.285
202102 801.193 99.800 900.740
202105 813.878 99.400 918.683
202108 795.542 99.700 895.284
202111 783.889 100.100 878.645
202202 783.012 100.700 872.432
202205 791.719 101.800 872.602
202208 776.247 102.700 848.052
202211 761.964 103.900 822.833
202305 745.415 105.100 795.771
202308 734.210 105.900 777.888
202311 722.942 106.900 758.785
202402 668.231 106.900 701.361
202405 707.465 108.100 734.298
202408 643.786 109.100 662.079
202411 644.528 110.000 657.419
202502 651.350 110.800 659.580
202505 661.853 111.800 664.221
202508 682.171 112.100 682.780
202511 668.833 113.200 662.925
202602 658.271 112.200 658.271

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 4.49 mean?
Can Do Co (TSE:2698) has a Cyclically Adjusted PB Ratio of 4.49 as of Aug. 14, 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 Can Do Co and its competitors. This is 43% above median its historical median of 3.13. Over the past decade, Can Do Co's Cyclically Adjusted PB Ratio has ranged from 2.12 to 5.00. According to the industry distribution chart, Can Do Co ranks #183 out of 231 companies in the Retail - Defensive industry, placing it in the top 79.2%.
Is Can Do Co's Cyclically Adjusted PB Ratio too high?
Can Do Co's current Cyclically Adjusted PB Ratio of 4.49 is 43% above median its 10-year median of 3.13. Over the past 10 years, this metric has ranged from a low of 2.12 to a high of 5.00. The Retail - Defensive industry median Cyclically Adjusted PB Ratio is 1.64. Can Do Co's value of 4.49 is 173.8% above this industry median. Based on the distribution chart, Can Do Co ranks #183 out of 231 companies in the Retail - Defensive industry, which is in the bottom quartile relative to peers. Overall, Can Do Co has a GF Score™ of 63/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Can Do Co's Cyclically Adjusted PB Ratio compare to WMT and COST?
According to the Retail - Defensive industry distribution chart, Can Do Co ranks #183 out of 231 companies for Cyclically Adjusted PB Ratio. This places Can Do Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.64. Can Do Co's value of 4.49 is 173.8% above this benchmark. Historically, Can Do Co's own Cyclically Adjusted PB Ratio has ranged from 2.12 to 5.00 over the past decade. While the company's 10-year median is 3.13 vs. the industry median of 1.64, Can Do 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 - Defensive company?
The median Cyclically Adjusted PB Ratio among Retail - Defensive companies is 1.64, based on 231 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. Can Do Co's current Cyclically Adjusted PB Ratio of 4.49 is 173.8% 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 Can Do Co and its competitors. For the Retail - Defensive industry, the median Cyclically Adjusted PB Ratio is 1.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Can Do Co's current Cyclically Adjusted PB Ratio is 4.49, which is 43% above median its own 10-year median of 3.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Can Do Co stock overvalued right now?
Based on GuruFocus' analysis, Can Do Co (TSE:2698) is currently considered Fairly Valued. The stock's GF Value™ is 円3,548.54, compared to a current price of 円3,630.00 — trading 2.3% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 4.49, which is 43% above median its 10-year median of 3.13 and 173.8% above the Retail - Defensive industry median of 1.64. Can Do Co's overall GF Score™ is 63/100 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 Can Do Co (TSE:2698), the current Cyclically Adjusted PB Ratio is 4.49 as of Aug. 14, 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 Can Do Co (TSE:2698) Overvalued in 2026?

Based on GuruFocus' analysis, Can Do Co stock appears to be overvalued. The current stock price of 円3,630.00 is trading 2.3% above its estimated GF Value™ of 円3,548.54. GuruFocus considers Can Do Co to be Fairly Valued.

Key valuation signals for TSE:2698:

  • Cyclically Adjusted PB Ratio: 4.49 (43% above median its 10-year median of 3.13)
  • GF Value™: 円3,548.54 vs. price of 円3,630.00 (2.3% above fair value)
  • GF Score™: 63/100 with 3 warning signs
  • Industry Position: 173.8% above the Retail - Defensive median (#183 of 231)

No single metric tells the full story. See the TSE:2698 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Can Do Co Business Description

Address 2-21-1 Kitashinjuku, Shinjuku-ku, Tokyo, JPN, 169-0074
Can Do Co Ltd main business is to develop a chain of retail stores for daily miscellaneous goods and processed food. The company generates the majority of its revenue from Japan. The company is a single business whose main purpose is to develop a chain of retail stores for daily miscellaneous goods and processed foods. Product wise the company generates the majority of its revenue from the sale of daily goods followed by sales of processed foods.
63GF Score

Get the complete analysis for TSE:2698

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

円3,630.00
Price
円3,548.54
GF Value