JINS Holdings (TSE:3046) Cyclically Adjusted PB Ratio: 6.40 (As of Aug. 09, 2026) — 29% Below Median

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TSE:3046 JINS Holdings Inc TSE:3046
96 GF Score
Price 円6,220.00
GF Value 円7,010.35
Valuation Modestly Undervalued
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What is JINS Holdings Cyclically Adjusted PB Ratio?

JINS Holdings TSE:3046 -6.89% 96 Cyclically Adjusted PB Ratio is 6.40 as of Aug. 09, 2026, which is 29% below its 10-year median of 9.07. GuruFocus rates TSE:3046 with a GF Score™ of 96/100 and a GF Value™ of 円7,010.35 (Modestly Undervalued). Among 520 Medical Devices & Instruments companies, JINS Holdings ranks worse than 88.08% on this metric.

As of today (2026-08-09), JINS Holdings's current share price is 円6220.00. JINS Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2026 was 円971.13. JINS Holdings's Cyclically Adjusted PB Ratio for today is 6.40.

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

TSE:3046' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.9   Med: 9.07   Max: 16.34
Current: 6.4

During the past years, JINS Holdings's highest Cyclically Adjusted PB Ratio was 16.34. The lowest was 3.90. And the median was 9.07.

TSE:3046's Cyclically Adjusted PB Ratio is ranked worse than
88.08% of 520 companies
in the Medical Devices & Instruments industry
Industry Median: 1.755 vs TSE:3046: 6.40

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.

JINS Holdings's adjusted book value per share data for the three months ended in Feb. 2026 was 円1,451.446. 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971.13 for the trailing ten years ended in Feb. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


JINS Holdings  (TSE:3046) 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.


JINS Holdings Cyclically Adjusted PB Ratio Related Terms


JINS Holdings Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for JINS 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.

JINS Holdings Cyclically Adjusted PB Ratio Chart

JINS Holdings 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 11.43 5.97 4.42 6.13 8.54

JINS Holdings 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 9.33 8.54 6.38 5.48 0.00

TSE:3046 vs ISRG, BDX, MDLN: Cyclically Adjusted PB Ratio Comparison

For the Medical Instruments & Supplies subindustry, JINS 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.


JINS Holdings Cyclically Adjusted PB Ratio vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, JINS Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TSE:3046
96GF Score
JINS Holdings Inc TSE:3046
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

JINS 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=6220.00/971.13
=6.40

* 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.

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

For example, JINS Holdings'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)
=1451.446/112.2000*112.2000
=1,451.446

Current CPI (Feb. 2026) = 112.2000.

JINS Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201605 607.290 98.200 693.869
201608 635.275 97.900 728.068
201611 624.807 98.600 710.987
201702 655.295 98.100 749.481
201705 702.340 98.600 799.214
201708 730.492 98.500 832.093
201711 702.423 99.100 795.276
201802 739.792 99.500 834.218
201805 787.129 99.300 889.384
201808 821.913 99.800 924.034
201811 793.761 100.000 890.600
201902 831.380 99.700 935.615
201905 896.276 100.000 1,005.622
201908 932.977 100.000 1,046.800
201911 912.917 100.500 1,019.197
202002 779.477 100.300 871.957
202005 689.032 100.100 772.322
202008 761.054 100.100 853.050
202011 755.099 99.500 851.478
202102 825.364 99.800 927.914
202105 840.403 99.400 948.624
202108 866.238 99.700 974.844
202111 864.396 100.100 968.883
202202 900.985 100.700 1,003.878
202205 881.791 101.800 971.876
202208 874.250 102.700 955.120
202211 891.045 103.900 962.226
202302 894.002 104.000 964.491
202305 942.716 105.100 1,006.401
202308 933.033 105.900 988.539
202311 932.305 106.900 978.528
202402 970.394 106.900 1,018.505
202405 1,026.093 108.100 1,065.010
202408 1,096.530 109.100 1,127.687
202411 1,100.767 110.000 1,122.782
202502 1,212.073 110.800 1,227.388
202505 1,261.428 111.800 1,265.941
202508 1,359.823 112.100 1,361.036
202511 1,362.737 113.200 1,350.699
202602 1,451.446 112.200 1,451.446

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 6.40 mean?
JINS Holdings (TSE:3046) has a Cyclically Adjusted PB Ratio of 6.40 as of Aug. 09, 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 JINS Holdings and its competitors. This is 29% below median its historical median of 9.07. Over the past decade, JINS Holdings' Cyclically Adjusted PB Ratio has ranged from 3.90 to 16.34. According to the industry distribution chart, JINS Holdings ranks #458 out of 520 companies in the Medical Devices & Instruments industry, placing it in the top 88.1%.
Is JINS Holdings' Cyclically Adjusted PB Ratio too high?
JINS Holdings' current Cyclically Adjusted PB Ratio of 6.40 is 29% below median its 10-year median of 9.07. Over the past 10 years, this metric has ranged from a low of 3.90 to a high of 16.34. The Medical Devices & Instruments industry median Cyclically Adjusted PB Ratio is 1.76. JINS Holdings' value of 6.40 is 264.7% above this industry median. Based on the distribution chart, JINS Holdings ranks #458 out of 520 companies in the Medical Devices & Instruments industry, which is in the bottom quartile relative to peers. Overall, JINS Holdings has a GF Score™ of 96/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does JINS Holdings' Cyclically Adjusted PB Ratio compare to ISRG and BDX?
According to the Medical Devices & Instruments industry distribution chart, JINS Holdings ranks #458 out of 520 companies for Cyclically Adjusted PB Ratio. This places JINS Holdings in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.76. JINS Holdings' value of 6.40 is 264.7% above this benchmark. Historically, JINS Holdings' own Cyclically Adjusted PB Ratio has ranged from 3.90 to 16.34 over the past decade. While the company's 10-year median is 9.07 vs. the industry median of 1.76, JINS 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 Medical Devices & Instruments company?
The median Cyclically Adjusted PB Ratio among Medical Devices & Instruments companies is 1.76, based on 520 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. JINS Holdings's current Cyclically Adjusted PB Ratio of 6.40 is 264.7% 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 JINS Holdings and its competitors. For the Medical Devices & Instruments industry, the median Cyclically Adjusted PB Ratio is 1.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. JINS Holdings's current Cyclically Adjusted PB Ratio is 6.40, which is 29% below median its own 10-year median of 9.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JINS Holdings stock overvalued right now?
Based on GuruFocus' analysis, JINS Holdings (TSE:3046) is currently considered Modestly Undervalued. The stock's GF Value™ is 円7,010.35, compared to a current price of 円6,220.00 — trading 11.3% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 6.40, which is 29% below median its 10-year median of 9.07 and 264.7% above the Medical Devices & Instruments industry median of 1.76. JINS Holdings' overall GF Score™ is 96/100. 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 JINS Holdings (TSE:3046), the current Cyclically Adjusted PB Ratio is 6.40 as of Aug. 09, 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 JINS Holdings (TSE:3046) Overvalued in 2026?

Based on GuruFocus' analysis, JINS Holdings stock appears to be undervalued. The current stock price of 円6,220.00 is trading 11.3% below its estimated GF Value™ of 円7,010.35. GuruFocus considers JINS Holdings to be Modestly Undervalued.

Key valuation signals for TSE:3046:

  • Cyclically Adjusted PB Ratio: 6.40 (29% below median its 10-year median of 9.07)
  • GF Value™: 円7,010.35 vs. price of 円6,220.00 (11.3% below fair value)
  • GF Score™: 96/100
  • Industry Position: 264.7% above the Medical Devices & Instruments median (#458 of 520)

No single metric tells the full story. See the TSE:3046 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


JINS Holdings Business Description

Other Exchanges 5F3:Germany
Address 26-4 Kawaramachi 2-chome, Gunma Prefecture, Maebashi, JPN, 371-0046
JINS Holdings Inc is an eyewear retailer that manufactures and sells private-label fashion eyeglasses and sunglasses. It offers prescription eyeglasses and nonprescription fashion or functional eyeglasses. Its inventory is on the shelves, and it charges flat rates with generally no additional charges or options for lens features. Jin has more than 300 stores in Japan as well as locations in China, Taiwan, and the United States. Stores are typically located in high-traffic areas such as shopping centers, malls, and train stations.
96GF Score

Get the complete analysis for TSE:3046

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

円6,220.00
Price
円7,010.35
GF Value