AP Holdings Co (TSE:3175) Cyclically Adjusted PB Ratio: 5.42 (As of Aug. 04, 2026) — 68% Above Median

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TSE:3175 AP Holdings Co Ltd TSE:3175
61 GF Score
Price 円950.00
GF Value 円1,001.41
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is AP Holdings Co Cyclically Adjusted PB Ratio?

AP Holdings Co TSE:3175 +0.11% 61 Cyclically Adjusted PB Ratio is 5.42 as of Aug. 04, 2026, which is 68% above its 10-year median of 3.22. GuruFocus rates TSE:3175 with a GF Score™ of 61/100 and a GF Value™ of 円1,001.41 (Fairly Valued). The stock has 3 warning signs investors should review. Among 254 Restaurants companies, AP Holdings Co ranks worse than 86.22% on this metric.

As of today (2026-08-04), AP Holdings Co's current share price is 円950.00. AP Holdings Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar26 was 円175.35. AP Holdings Co's Cyclically Adjusted PB Ratio for today is 5.42.

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

TSE:3175' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.36   Med: 3.22   Max: 5.41
Current: 5.37

During the past 13 years, AP Holdings Co's highest Cyclically Adjusted PB Ratio was 5.41. The lowest was 1.36. And the median was 3.22.

TSE:3175's Cyclically Adjusted PB Ratio is ranked worse than
86.22% of 254 companies
in the Restaurants industry
Industry Median: 1.82 vs TSE:3175: 5.37

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.

AP Holdings Co's adjusted book value per share data of for the fiscal year that ended in Mar26 was 円88.120. 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175.35 for the trailing ten years ended in Mar26.

Shiller PE for Stocks: The True Measure of Stock Valuation


AP Holdings Co  (TSE:3175) 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.


AP Holdings Co Cyclically Adjusted PB Ratio Related Terms


AP Holdings Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for AP 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.

AP Holdings Co Cyclically Adjusted PB Ratio Chart

AP Holdings Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.46 2.54 3.68 4.09 5.14

AP Holdings Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 3.68 3.59 4.09 0.00 5.14

TSE:3175 vs MCD, SBUX, YUM: Cyclically Adjusted PB Ratio Comparison

For the Restaurants subindustry, AP 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.


AP Holdings Co Cyclically Adjusted PB Ratio vs Restaurants Industry

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

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


TSE:3175
61GF Score
AP Holdings Co Ltd TSE:3175
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

AP 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=950.00/175.35
=5.42

* 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.

AP Holdings Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar26 is calculated as:

For example, AP Holdings Co's adjusted Book Value per Share data for the fiscal year that ended in Mar26 was:

Adj_Book=Book Value per Share/CPI of Mar26 (Change)*Current CPI (Mar26)
=88.12/112.7000*112.7000
=88.120

Current CPI (Mar26) = 112.7000.

AP Holdings Co Annual Data

Book Value per Share CPI Adj_Book
201703 506.269 98.100 581.616
201803 468.954 99.200 532.773
201903 187.001 99.700 211.384
202003 203.980 100.300 229.198
202103 44.452 99.900 50.148
202203 46.084 101.100 51.372
202303 3.361 104.400 3.628
202403 8.910 107.200 9.367
202503 -4.053 111.100 -4.111
202603 88.120 112.700 88.120

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 5.42 mean?
AP Holdings Co (TSE:3175) has a Cyclically Adjusted PB Ratio of 5.42 as of Aug. 04, 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 AP Holdings Co and its competitors. This is 68% above median its historical median of 3.22. Over the past decade, AP Holdings Co's Cyclically Adjusted PB Ratio has ranged from 1.36 to 5.41. According to the industry distribution chart, AP Holdings Co ranks #219 out of 254 companies in the Restaurants industry, placing it in the top 86.2%.
Is AP Holdings Co's Cyclically Adjusted PB Ratio too high?
AP Holdings Co's current Cyclically Adjusted PB Ratio of 5.42 is 68% above median its 10-year median of 3.22. Over the past 10 years, this metric has ranged from a low of 1.36 to a high of 5.41. The Restaurants industry median Cyclically Adjusted PB Ratio is 1.82. AP Holdings Co's value of 5.42 is 197.8% above this industry median. Based on the distribution chart, AP Holdings Co ranks #219 out of 254 companies in the Restaurants industry, which is in the bottom quartile relative to peers. Overall, AP Holdings Co has a GF Score™ of 61/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does AP Holdings Co's Cyclically Adjusted PB Ratio compare to MCD and SBUX?
According to the Restaurants industry distribution chart, AP Holdings Co ranks #219 out of 254 companies for Cyclically Adjusted PB Ratio. This places AP Holdings Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.82. AP Holdings Co's value of 5.42 is 197.8% above this benchmark. Historically, AP Holdings Co's own Cyclically Adjusted PB Ratio has ranged from 1.36 to 5.41 over the past decade. While the company's 10-year median is 3.22 vs. the industry median of 1.82, AP 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 Restaurants company?
The median Cyclically Adjusted PB Ratio among Restaurants companies is 1.82, based on 254 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. AP Holdings Co's current Cyclically Adjusted PB Ratio of 5.42 is 197.8% 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 AP Holdings Co and its competitors. For the Restaurants industry, the median Cyclically Adjusted PB Ratio is 1.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AP Holdings Co's current Cyclically Adjusted PB Ratio is 5.42, which is 68% above median its own 10-year median of 3.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AP Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, AP Holdings Co (TSE:3175) is currently considered Fairly Valued. The stock's GF Value™ is 円1,001.41, compared to a current price of 円950.00 — trading 5.1% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 5.42, which is 68% above median its 10-year median of 3.22 and 197.8% above the Restaurants industry median of 1.82. AP Holdings Co's overall GF Score™ is 61/100 with 3 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 AP Holdings Co (TSE:3175), the current Cyclically Adjusted PB Ratio is 5.42 as of Aug. 04, 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 AP Holdings Co (TSE:3175) Overvalued in 2026?

Based on GuruFocus' analysis, AP Holdings Co stock appears to be undervalued. The current stock price of 円950.00 is trading 5.1% below its estimated GF Value™ of 円1,001.41. GuruFocus considers AP Holdings Co to be Fairly Valued.

Key valuation signals for TSE:3175:

  • Cyclically Adjusted PB Ratio: 5.42 (68% above median its 10-year median of 3.22)
  • GF Value™: 円1,001.41 vs. price of 円950.00 (5.1% below fair value)
  • GF Score™: 61/100 with 3 warning signs
  • Industry Position: 197.8% above the Restaurants median (#219 of 254)

No single metric tells the full story. See the TSE:3175 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


AP Holdings Co Business Description

Address 1-10-1 Nishiikebukuro, 6th floor of ISO Building, Toshima, Tokyo, JPN, 171-0021
AP Holdings Co Ltd is engaged in managing restaurants in Japan. It manages poultry and fruit farms, ranches, and fisheries; processes, sells, and distributes poultry products; and processes, sells, distributes, and exports food products. In addition, it is engaged in franchise management activities.
61GF Score

Get the complete analysis for TSE:3175

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

円950.00
Price
円1,001.41
GF Value