Shinto Holdings (TSE:2776) Cyclically Adjusted PB Ratio: 4.74 (As of Aug. 20, 2026) — 48% Below Median

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TSE:2776 Shinto Holdings Inc TSE:2776
45 GF Score
Price 円95.00
GF Value 円293.97
Valuation Possible Value Trap
! 8 Warning Signs
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What is Shinto Holdings Cyclically Adjusted PB Ratio?

Shinto Holdings TSE:2776 45 Cyclically Adjusted PB Ratio is 4.74 as of Aug. 20, 2026, which is 48% below its 10-year median of 9.03. GuruFocus rates TSE:2776 with a GF Score™ of 45/100 and a GF Value™ of 円293.97 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 779 Manufacturing - Apparel & Accessories companies, Shinto Holdings ranks worse than 89.99% on this metric.

As of today (2026-08-20), Shinto Holdings's current share price is 円95.00. Shinto Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2026 was 円20.05. Shinto Holdings's Cyclically Adjusted PB Ratio for today is 4.74.

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

TSE:2776' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.83   Med: 9.03   Max: 29.36
Current: 4.74

During the past years, Shinto Holdings's highest Cyclically Adjusted PB Ratio was 29.36. The lowest was 1.83. And the median was 9.03.

TSE:2776's Cyclically Adjusted PB Ratio is ranked worse than
89.99% of 779 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.96 vs TSE:2776: 4.74

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.

Shinto Holdings's adjusted book value per share data for the three months ended in Jan. 2026 was 円61.884. 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20.05 for the trailing ten years ended in Jan. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shinto Holdings  (TSE:2776) 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.


Shinto Holdings Cyclically Adjusted PB Ratio Related Terms


Shinto Holdings Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Shinto 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.

Shinto Holdings Cyclically Adjusted PB Ratio Chart

Shinto Holdings Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.15 13.20 6.32 8.23 6.88

Shinto Holdings Quarterly Data
Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Jan25 Apr25 Jul25 Jan26 Apr26
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 8.23 7.01 8.11 6.88 0.00

TSE:2776 vs RL, LEVI, VFC: Cyclically Adjusted PB Ratio Comparison

For the Apparel Manufacturing subindustry, Shinto 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.


Shinto Holdings Cyclically Adjusted PB Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Shinto Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TSE:2776
45GF Score
Shinto Holdings Inc TSE:2776
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shinto 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=95.00/20.05
=4.74

* 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.

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

For example, Shinto Holdings's adjusted Book Value per Share data for the three months ended in Jan. 2026 was:

Adj_Book=Book Value per Share/CPI of Jan. 2026 (Change)*Current CPI (Jan. 2026)
=61.884/112.9000*112.9000
=61.884

Current CPI (Jan. 2026) = 112.9000.

Shinto Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201510 -19.104 98.500 -21.897
201601 3.360 97.700 3.883
201604 4.676 98.100 5.381
201607 3.966 97.900 4.574
201610 -0.958 98.600 -1.097
201701 -11.173 98.200 -12.846
201704 -15.104 98.500 -17.312
201707 -21.746 98.300 -24.976
201710 -30.994 98.800 -35.417
201801 10.223 99.500 11.600
201804 2.038 99.100 2.322
201807 28.872 99.200 32.859
201810 23.448 100.200 26.420
201901 15.862 99.700 17.962
201904 10.508 100.000 11.864
201907 9.392 99.800 10.625
201910 7.095 100.400 7.978
202001 19.178 100.500 21.544
202004 19.228 100.200 21.665
202007 19.138 100.000 21.607
202010 16.204 99.800 18.331
202101 26.741 99.800 30.251
202104 32.568 99.100 37.103
202107 31.535 99.700 35.710
202110 29.038 99.900 32.817
202201 34.658 100.300 39.012
202204 31.412 101.500 34.940
202207 30.535 102.300 33.699
202210 40.875 103.700 44.501
202301 38.125 104.700 41.111
202304 35.525 105.100 38.161
202307 34.147 105.700 36.473
202310 31.656 107.100 33.370
202401 25.749 106.900 27.194
202404 25.605 107.700 26.841
202407 32.757 108.600 34.054
202501 37.225 111.200 37.794
202504 34.177 111.500 34.606
202507 37.195 111.900 37.527
202601 61.884 112.900 61.884

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 4.74 mean?
Shinto Holdings (TSE:2776) has a Cyclically Adjusted PB Ratio of 4.74 as of Aug. 20, 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 Shinto Holdings and its competitors. This is 48% below median its historical median of 9.03. Over the past decade, Shinto Holdings' Cyclically Adjusted PB Ratio has ranged from 1.83 to 29.36. According to the industry distribution chart, Shinto Holdings ranks #701 out of 779 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 90%.
Is Shinto Holdings' Cyclically Adjusted PB Ratio too high?
Shinto Holdings' current Cyclically Adjusted PB Ratio of 4.74 is 48% below median its 10-year median of 9.03. Over the past 10 years, this metric has ranged from a low of 1.83 to a high of 29.36. The Manufacturing - Apparel & Accessories industry median Cyclically Adjusted PB Ratio is 0.96. Shinto Holdings' value of 4.74 is 393.8% above this industry median. Based on the distribution chart, Shinto Holdings ranks #701 out of 779 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Shinto Holdings has a GF Score™ of 45/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Shinto Holdings' Cyclically Adjusted PB Ratio compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Shinto Holdings ranks #701 out of 779 companies for Cyclically Adjusted PB Ratio. This places Shinto Holdings in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.96. Shinto Holdings' value of 4.74 is 393.8% above this benchmark. Historically, Shinto Holdings' own Cyclically Adjusted PB Ratio has ranged from 1.83 to 29.36 over the past decade. While the company's 10-year median is 9.03 vs. the industry median of 0.96, Shinto Holdings 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 Manufacturing - Apparel & Accessories company?
The median Cyclically Adjusted PB Ratio among Manufacturing - Apparel & Accessories companies is 0.96, based on 779 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. Shinto Holdings's current Cyclically Adjusted PB Ratio of 4.74 is 393.8% 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 Shinto Holdings and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Cyclically Adjusted PB Ratio is 0.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shinto Holdings's current Cyclically Adjusted PB Ratio is 4.74, which is 48% below median its own 10-year median of 9.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shinto Holdings stock overvalued right now?
Based on GuruFocus' analysis, Shinto Holdings (TSE:2776) is currently considered Possible Value Trap. The stock's GF Value™ is 円293.97, compared to a current price of 円95.00 — trading 67.7% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 4.74, which is 48% below median its 10-year median of 9.03 and 393.8% above the Manufacturing - Apparel & Accessories industry median of 0.96. Shinto Holdings' overall GF Score™ is 45/100 with 8 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 Shinto Holdings (TSE:2776), the current Cyclically Adjusted PB Ratio is 4.74 as of Aug. 20, 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 Shinto Holdings (TSE:2776) Overvalued in 2026?

Based on GuruFocus' analysis, Shinto Holdings stock appears to be undervalued. The current stock price of 円95.00 is trading 67.7% below its estimated GF Value™ of 円293.97. GuruFocus considers Shinto Holdings to be Possible Value Trap.

Key valuation signals for TSE:2776:

  • Cyclically Adjusted PB Ratio: 4.74 (48% below median its 10-year median of 9.03)
  • GF Value™: 円293.97 vs. price of 円95.00 (67.7% below fair value)
  • GF Score™: 45/100 with 8 warning signs
  • Industry Position: 393.8% above the Manufacturing - Apparel & Accessories median (#701 of 779)

No single metric tells the full story. See the TSE:2776 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shinto Holdings Business Description

Address 3-34-1 Kita-Otsuka, 2nd and 3rd floors, DT Building, Toshima-ku, Tokyo, JPN, 170-0004
Shinto Holdings Inc is engaged in trading, apparel, and real estate-related services.
45GF Score

Get the complete analysis for TSE:2776

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

円95.00
Price
円293.97
GF Value