Azearth (TSE:3161) Cyclically Adjusted PB Ratio: 0.56 (As of Aug. 03, 2026) — 14% Below Median

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TSE:3161 Azearth Corp TSE:3161
65 GF Score
Price 円661.00
GF Value 円653.88
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is Azearth Cyclically Adjusted PB Ratio?

Azearth TSE:3161 +0.15% 65 Cyclically Adjusted PB Ratio is 0.56 as of Aug. 03, 2026, which is 14% below its 10-year median of 0.65. GuruFocus rates TSE:3161 with a GF Score™ of 65/100 and a GF Value™ of 円653.88 (Fairly Valued). The stock has 6 warning signs investors should review. Among 859 Manufacturing - Apparel & Accessories companies, Azearth ranks better than 70.2% on this metric.

As of today (2026-08-03), Azearth's current share price is 円661.00. Azearth's Cyclically Adjusted Book per Share for the fiscal year that ended in Apr26 was 円1,170.27. Azearth's Cyclically Adjusted PB Ratio for today is 0.56.

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

TSE:3161' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.54   Med: 0.65   Max: 1.9
Current: 0.56

During the past 13 years, Azearth's highest Cyclically Adjusted PB Ratio was 1.90. The lowest was 0.54. And the median was 0.65.

TSE:3161's Cyclically Adjusted PB Ratio is ranked better than
70.2% of 859 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.96 vs TSE:3161: 0.56

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.

Azearth's adjusted book value per share data of for the fiscal year that ended in Apr26 was 円1,195.462. 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1,170.27 for the trailing ten years ended in Apr26.

Shiller PE for Stocks: The True Measure of Stock Valuation


Azearth  (TSE:3161) 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.


Azearth Cyclically Adjusted PB Ratio Related Terms


Azearth Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Azearth'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.

Azearth Cyclically Adjusted PB Ratio Chart

Azearth Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.65 0.64 0.60 0.56 0.55

Azearth Semi-Annual Data
Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25 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 0.60 0.59 0.56 0.00 0.55

Azearth Cyclically Adjusted PB Ratio Competitor Comparison

For the Textile Manufacturing subindustry, Azearth'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.


Azearth Cyclically Adjusted PB Ratio vs Manufacturing - Apparel & Accessories Industry

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

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


TSE:3161
65GF Score
Azearth Corp TSE:3161
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Azearth 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.

Azearth's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=661.00/1170.27
=0.56

* 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.

Azearth's Cyclically Adjusted Book per Share for the fiscal year that ended in Apr26 is calculated as:

For example, Azearth's adjusted Book Value per Share data for the fiscal year that ended in Apr26 was:

Adj_Book=Book Value per Share/CPI of Apr26 (Change)*Current CPI (Apr26)
=1195.462/113.0000*113.0000
=1,195.462

Current CPI (Apr26) = 113.0000.

Azearth Annual Data

Book Value per Share CPI Adj_Book
201704 916.502 98.500 1,051.419
201804 937.786 99.100 1,069.322
201904 957.992 100.000 1,082.531
202004 996.333 100.200 1,123.609
202104 1,090.428 99.100 1,243.374
202204 1,112.044 101.500 1,238.039
202304 1,166.861 105.100 1,254.570
202404 1,181.736 107.700 1,239.890
202504 1,188.467 111.500 1,204.455
202604 1,195.462 113.000 1,195.462

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 0.56 mean?
Azearth (TSE:3161) has a Cyclically Adjusted PB Ratio of 0.56 as of Aug. 03, 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 Azearth and its competitors. This is 14% below median its historical median of 0.65. Over the past decade, Azearth's Cyclically Adjusted PB Ratio has ranged from 0.54 to 1.90. According to the industry distribution chart, Azearth ranks #256 out of 859 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 29.8%.
Is Azearth's Cyclically Adjusted PB Ratio too high?
Azearth's current Cyclically Adjusted PB Ratio of 0.56 is 14% below median its 10-year median of 0.65. Over the past 10 years, this metric has ranged from a low of 0.54 to a high of 1.90. The Manufacturing - Apparel & Accessories industry median Cyclically Adjusted PB Ratio is 0.96. Azearth's value of 0.56 is 41.7% below this industry median. Based on the distribution chart, Azearth ranks #256 out of 859 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Azearth has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Azearth's Cyclically Adjusted PB Ratio compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Azearth ranks #256 out of 859 companies for Cyclically Adjusted PB Ratio. This puts Azearth in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.96. Azearth's value of 0.56 is 41.7% below this benchmark. Historically, Azearth's own Cyclically Adjusted PB Ratio has ranged from 0.54 to 1.90 over the past decade. While the company's 10-year median is 0.65 vs. the industry median of 0.96, Azearth has consistently been below 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 859 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. Azearth's current Cyclically Adjusted PB Ratio of 0.56 is 41.7% below 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 Azearth 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. Azearth's current Cyclically Adjusted PB Ratio is 0.56, which is 14% below median its own 10-year median of 0.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Azearth stock overvalued right now?
Based on GuruFocus' analysis, Azearth (TSE:3161) is currently considered Fairly Valued. The stock's GF Value™ is 円653.88, compared to a current price of 円661.00 — trading 1.1% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.56, which is 14% below median its 10-year median of 0.65 and 41.7% below the Manufacturing - Apparel & Accessories industry median of 0.96. Azearth's overall GF Score™ is 65/100 with 6 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 Azearth (TSE:3161), the current Cyclically Adjusted PB Ratio is 0.56 as of Aug. 03, 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 Azearth (TSE:3161) Overvalued in 2026?

Based on GuruFocus' analysis, Azearth stock appears to be overvalued. The current stock price of 円661.00 is trading 1.1% above its estimated GF Value™ of 円653.88. GuruFocus considers Azearth to be Fairly Valued.

Key valuation signals for TSE:3161:

  • Cyclically Adjusted PB Ratio: 0.56 (14% below median its 10-year median of 0.65)
  • GF Value™: 円653.88 vs. price of 円661.00 (1.1% above fair value)
  • GF Score™: 65/100 with 6 warning signs
  • Industry Position: 41.7% below the Manufacturing - Apparel & Accessories median (#256 of 859)

No single metric tells the full story. See the TSE:3161 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Azearth Business Description

Address 4-13-7 Kuramae, Taito-ku, Tokyo, JPN, 111-8623
Azearth Corp is a Japan-based company engaged in the manufacture and sale of protective wear, healthcare products, and life material products. It operates through three reportable segments: Protective Clothing & Environmental Equipment, Healthcare Products, and Life Materials. The Protective Clothing & Environmental Equipment segment includes chemical protective suits, industrial safety clothing, and related equipment. The Healthcare Products segment focuses on nonwoven fabric items such as masks and gowns used in medical settings. The Life Materials segment handles apparel materials like pile fabrics and offers a range of bedding products, including pillows and mattresses.
65GF Score

Get the complete analysis for TSE:3161

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

円661.00
Price
円653.88
GF Value