Maruzen CHI Holdings Co (TSE:3159) Cyclically Adjusted PB Ratio: (As of Sep. 21, 2026)

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.
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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:3159 Maruzen CHI Holdings Co Ltd TSE:3159
56 GF Score
Price 円381.00
GF Value 円363.63
Valuation Fairly Valued
! 2 Warning Signs
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What is Maruzen CHI Holdings Co Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Maruzen CHI Holdings Co  (TSE:3159) 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.


Maruzen CHI Holdings Co Cyclically Adjusted PB Ratio Related Terms


Maruzen CHI Holdings Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Maruzen CHI 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.

Maruzen CHI Holdings Co Cyclically Adjusted PB Ratio Chart

Maruzen CHI Holdings Co 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 0.89 0.80 0.73 0.64 0.66

Maruzen CHI Holdings Co Quarterly Data
Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26 Jul26
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 0.65 0.66 0.66 0.67 0.70

TSE:3159 vs CASY, WSM, ULTA: Cyclically Adjusted PB Ratio Comparison

For the Specialty Retail subindustry, Maruzen CHI 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.


Maruzen CHI Holdings Co Cyclically Adjusted PB Ratio vs Retail - Cyclical Industry

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

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


TSE:3159
56GF Score
Maruzen CHI Holdings Co Ltd TSE:3159
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Maruzen CHI 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.

Maruzen CHI Holdings Co's Cyclically Adjusted Book per Share for the quarter that ended in Jul. 2026 is calculated as:

For example, Maruzen CHI Holdings Co's adjusted Book Value per Share data for the three months ended in Jul. 2026 was:

Adj_Book=Book Value per Share/CPI of Jul. 2026 (Change)*Current CPI (Jul. 2026)
=615.747/114.2000*114.2000
=615.747

Current CPI (Jul. 2026) = 114.2000.

Maruzen CHI Holdings Co Quarterly Data

Book Value per Share CPI Adj_Book
201610 387.985 98.600 449.370
201701 383.101 98.200 445.521
201704 403.382 98.500 467.677
201707 397.505 98.300 461.801
201710 395.474 98.800 457.117
201801 381.277 99.500 437.606
201804 406.475 99.100 468.410
201807 399.690 99.200 460.127
201810 399.615 100.200 455.449
201901 405.623 99.700 464.615
201904 426.866 100.000 487.481
201907 429.342 99.800 491.291
201910 429.700 100.400 488.762
202001 429.766 100.500 488.351
202004 428.999 100.200 488.939
202007 426.233 100.000 486.758
202010 440.442 99.800 503.993
202101 449.119 99.800 513.922
202104 469.369 99.100 540.887
202107 466.875 99.700 534.776
202110 464.553 99.900 531.051
202201 470.355 100.300 535.539
202204 483.290 101.500 543.761
202207 478.322 102.300 533.963
202210 482.450 103.700 531.300
202301 493.829 104.700 538.637
202304 508.535 105.100 552.566
202307 503.729 105.700 544.237
202310 501.363 107.100 534.600
202401 516.135 106.900 551.381
202404 559.099 107.700 592.842
202407 529.288 108.600 556.581
202410 550.251 109.500 573.869
202501 559.101 111.200 574.185
202504 566.189 111.500 579.899
202507 571.625 111.900 583.374
202510 583.706 112.800 590.951
202601 590.309 112.900 597.106
202604 607.155 113.000 613.603
202607 615.747 114.200 615.747

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.

Is Maruzen CHI Holdings Co (TSE:3159) Overvalued in 2026?

Based on GuruFocus' analysis, Maruzen CHI Holdings Co stock appears to be overvalued. The current stock price of 円381.00 is trading 4.8% above its estimated GF Value™ of 円363.63. GuruFocus considers Maruzen CHI Holdings Co to be Fairly Valued.

Key valuation signals for TSE:3159:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: 円363.63 vs. price of 円381.00 (4.8% above fair value)
  • GF Score™: 56/100 with 2 warning signs

No single metric tells the full story. See the TSE:3159 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Maruzen CHI Holdings Co Business Description

Address 40-1 Nadocho, Shinjuku-ku, Tokyo, JPN, 162-0837
Maruzen CHI Holdings Co Ltd is engaged in the sale of books and magazines and academic information. The company also undertakes library management consignment work and administrative agency of educational facilities such as libraries, design and supervision of construction work, the publishing business of books, and magazine.
56GF Score

Get the complete analysis for TSE:3159

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

円381.00
Price
円363.63
GF Value