Festaria Holdings Co (TSE:2736) Cyclically Adjusted PB Ratio: 1.49 (As of Aug. 05, 2026) — 21% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:2736 Festaria Holdings Co Ltd TSE:2736
49 GF Score
Price 円660.00
GF Value 円571.98
Valuation Modestly Overvalued
! 7 Warning Signs
View Full Analysis

What is Festaria Holdings Co Cyclically Adjusted PB Ratio?

Festaria Holdings Co TSE:2736 -0.45% 49 Cyclically Adjusted PB Ratio is 1.49 as of Aug. 05, 2026, which is 21% above its 10-year median of 1.23. GuruFocus rates TSE:2736 with a GF Score™ of 49/100 and a GF Value™ of 円571.98 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 804 Retail - Cyclical companies, Festaria Holdings Co ranks worse than 58.33% on this metric.

As of today (2026-08-05), Festaria Holdings Co's current share price is 円660.00. Festaria Holdings Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Aug25 was 円444.40. Festaria Holdings Co's Cyclically Adjusted PB Ratio for today is 1.49.

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

TSE:2736' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.66   Med: 1.23   Max: 2.37
Current: 1.52

During the past 13 years, Festaria Holdings Co's highest Cyclically Adjusted PB Ratio was 2.37. The lowest was 0.66. And the median was 1.23.

TSE:2736's Cyclically Adjusted PB Ratio is ranked worse than
58.33% of 804 companies
in the Retail - Cyclical industry
Industry Median: 1.25 vs TSE:2736: 1.52

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.

Festaria Holdings Co's adjusted book value per share data of for the fiscal year that ended in Aug25 was 円465.910. 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444.40 for the trailing ten years ended in Aug25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Festaria Holdings Co  (TSE:2736) 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.


Festaria Holdings Co Cyclically Adjusted PB Ratio Related Terms


Festaria Holdings Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Festaria 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.

Festaria Holdings Co Cyclically Adjusted PB Ratio Chart

Festaria Holdings Co Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.21 1.21 1.15 1.10 1.41

Festaria Holdings Co Semi-Annual Data
Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
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 1.14 1.10 1.26 1.41 0.00

TSE:2736 vs TPR: Cyclically Adjusted PB Ratio Comparison

For the Luxury Goods subindustry, Festaria 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.


Festaria Holdings Co Cyclically Adjusted PB Ratio vs Retail - Cyclical Industry

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

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


TSE:2736
49GF Score
Festaria Holdings Co Ltd TSE:2736
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Festaria 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=660.00/444.40
=1.49

* 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.

Festaria Holdings Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Aug25 is calculated as:

For example, Festaria Holdings Co's adjusted Book Value per Share data for the fiscal year that ended in Aug25 was:

Adj_Book=Book Value per Share/CPI of Aug25 (Change)*Current CPI (Aug25)
=465.91/112.1000*112.1000
=465.910

Current CPI (Aug25) = 112.1000.

Festaria Holdings Co Annual Data

Book Value per Share CPI Adj_Book
201608 417.874 97.900 478.485
201708 485.888 98.500 552.975
201808 485.068 99.800 544.851
201908 480.308 100.000 538.425
202008 246.015 100.100 275.507
202108 288.700 99.700 324.607
202208 365.563 102.700 399.023
202308 397.218 105.900 420.473
202408 431.902 109.100 443.778
202508 465.910 112.100 465.910

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 1.49 mean?
Festaria Holdings Co (TSE:2736) has a Cyclically Adjusted PB Ratio of 1.49 as of Aug. 05, 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 Festaria Holdings Co and its competitors. This is 21% above median its historical median of 1.23. Over the past decade, Festaria Holdings Co's Cyclically Adjusted PB Ratio has ranged from 0.66 to 2.37. According to the industry distribution chart, Festaria Holdings Co ranks #469 out of 804 companies in the Retail - Cyclical industry, placing it in the top 58.3%.
Is Festaria Holdings Co's Cyclically Adjusted PB Ratio too high?
Festaria Holdings Co's current Cyclically Adjusted PB Ratio of 1.49 is 21% above median its 10-year median of 1.23. Over the past 10 years, this metric has ranged from a low of 0.66 to a high of 2.37. The Retail - Cyclical industry median Cyclically Adjusted PB Ratio is 1.25. Festaria Holdings Co's value of 1.49 is 19.2% above this industry median. Based on the distribution chart, Festaria Holdings Co ranks #469 out of 804 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, Festaria Holdings Co has a GF Score™ of 49/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Festaria Holdings Co's Cyclically Adjusted PB Ratio compare to TPR?
According to the Retail - Cyclical industry distribution chart, Festaria Holdings Co ranks #469 out of 804 companies for Cyclically Adjusted PB Ratio. This places Festaria Holdings Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.25. Festaria Holdings Co's value of 1.49 is 19.2% above this benchmark. Historically, Festaria Holdings Co's own Cyclically Adjusted PB Ratio has ranged from 0.66 to 2.37 over the past decade. While the company's 10-year median is 1.23 vs. the industry median of 1.25, Festaria 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 Retail - Cyclical company?
The median Cyclically Adjusted PB Ratio among Retail - Cyclical companies is 1.25, based on 804 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. Festaria Holdings Co's current Cyclically Adjusted PB Ratio of 1.49 is 19.2% 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 Festaria Holdings Co and its competitors. For the Retail - Cyclical industry, the median Cyclically Adjusted PB Ratio is 1.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Festaria Holdings Co's current Cyclically Adjusted PB Ratio is 1.49, which is 21% above median its own 10-year median of 1.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Festaria Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Festaria Holdings Co (TSE:2736) is currently considered Modestly Overvalued. The stock's GF Value™ is 円571.98, compared to a current price of 円660.00 — trading 15.4% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.49, which is 21% above median its 10-year median of 1.23 and 19.2% above the Retail - Cyclical industry median of 1.25. Festaria Holdings Co's overall GF Score™ is 49/100 with 7 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 Festaria Holdings Co (TSE:2736), the current Cyclically Adjusted PB Ratio is 1.49 as of Aug. 05, 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 Festaria Holdings Co (TSE:2736) Overvalued in 2026?

Based on GuruFocus' analysis, Festaria Holdings Co stock appears to be overvalued. The current stock price of 円660.00 is trading 15.4% above its estimated GF Value™ of 円571.98. GuruFocus considers Festaria Holdings Co to be Modestly Overvalued.

Key valuation signals for TSE:2736:

  • Cyclically Adjusted PB Ratio: 1.49 (21% above median its 10-year median of 1.23)
  • GF Value™: 円571.98 vs. price of 円660.00 (15.4% above fair value)
  • GF Score™: 49/100 with 7 warning signs
  • Industry Position: 19.2% above the Retail - Cyclical median (#469 of 804)

No single metric tells the full story. See the TSE:2736 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Festaria Holdings Co Business Description

Address 20-9 Nishigotanda 7-chome, Shinagawa-ku, Tokyo, JPN, 153-0061
Festaria Holdings Co Ltd is a Japanese company engaged in manufacturing, processing, and sale of jewellery. The brands of the company include veretta 8va, wish upon a star, and Festaria bijou Sophia online shop.
49GF Score

Get the complete analysis for TSE:2736

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

円660.00
Price
円571.98
GF Value