Hotman Co (TSE:3190) Cyclically Adjusted PB Ratio: 0.57 (As of Aug. 12, 2026) — Near Median

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TSE:3190 Hotman Co Ltd TSE:3190
62 GF Score
Price 円586.00
GF Value 円624.99
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is Hotman Co Cyclically Adjusted PB Ratio?

Hotman Co TSE:3190 +0.17% 62 Cyclically Adjusted PB Ratio is 0.57 as of Aug. 12, 2026, which is 3% below its 10-year median of 0.59. GuruFocus rates TSE:3190 with a GF Score™ of 62/100 and a GF Value™ of 円624.99 (Fairly Valued). The stock has 2 warning signs investors should review. Among 838 Manufacturing - Apparel & Accessories companies, Hotman Co ranks better than 69.57% on this metric.

As of today (2026-08-12), Hotman Co's current share price is 円586.00. Hotman Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円1,035.34. Hotman Co's Cyclically Adjusted PB Ratio for today is 0.57.

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

TSE:3190' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.54   Med: 0.59   Max: 0.66
Current: 0.57

During the past years, Hotman Co's highest Cyclically Adjusted PB Ratio was 0.66. The lowest was 0.54. And the median was 0.59.

TSE:3190's Cyclically Adjusted PB Ratio is ranked better than
69.57% of 838 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.98 vs TSE:3190: 0.57

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.

Hotman Co's adjusted book value per share data for the three months ended in Mar. 2026 was 円1,096.004. 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1,035.34 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hotman Co  (TSE:3190) 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.


Hotman Co Cyclically Adjusted PB Ratio Related Terms


Hotman Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Hotman 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.

Hotman Co Cyclically Adjusted PB Ratio Chart

Hotman 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 0.00 0.00 0.63 0.58 0.55

Hotman Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.59 0.59 0.56 0.55 0.00

Hotman Co Cyclically Adjusted PB Ratio Competitor Comparison

For the Textile Manufacturing subindustry, Hotman 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.


Hotman Co Cyclically Adjusted PB Ratio vs Manufacturing - Apparel & Accessories Industry

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

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


TSE:3190
62GF Score
Hotman Co Ltd TSE:3190
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hotman 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=586.00/1035.34
=0.57

* 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.

Hotman Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Hotman Co's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=1096.004/112.7000*112.7000
=1,096.004

Current CPI (Mar. 2026) = 112.7000.

Hotman Co Quarterly Data

Book Value per Share CPI Adj_Book
201603 808.083 97.900 930.245
201606 786.800 98.100 903.898
201609 738.504 98.000 849.280
201612 816.624 98.400 935.300
201703 823.101 98.100 945.601
201706 834.185 98.500 954.443
201709 816.839 98.800 931.759
201712 893.167 99.400 1,012.675
201803 860.528 99.200 977.636
201806 860.516 99.200 977.623
201809 847.421 99.900 955.999
201812 928.872 99.700 1,049.989
201903 898.963 99.700 1,016.180
201906 899.150 99.800 1,015.373
201909 907.364 100.100 1,021.578
201912 984.077 100.500 1,103.537
202003 930.026 100.300 1,045.004
202006 932.268 99.900 1,051.718
202009 923.035 99.900 1,041.302
202012 1,018.376 99.300 1,155.800
202103 977.110 99.900 1,102.305
202106 956.743 99.500 1,083.668
202109 925.224 100.100 1,041.686
202112 1,019.886 100.100 1,148.263
202203 980.408 101.100 1,092.898
202206 977.216 101.800 1,081.849
202209 943.002 103.100 1,030.808
202212 1,038.485 104.100 1,124.277
202303 992.077 104.400 1,070.949
202306 999.306 105.200 1,070.549
202309 964.972 106.200 1,024.033
202312 1,063.460 106.800 1,122.209
202403 1,007.547 107.200 1,059.240
202406 1,022.035 108.200 1,064.541
202409 981.935 108.900 1,016.199
202503 1,046.840 111.100 1,061.916
202506 1,053.980 111.700 1,063.416
202509 1,028.866 112.000 1,035.296
202512 1,145.969 113.000 1,142.927
202603 1,096.004 112.700 1,096.004

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 0.57 mean?
Hotman Co (TSE:3190) has a Cyclically Adjusted PB Ratio of 0.57 as of Aug. 12, 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 Hotman Co and its competitors. This is near median its historical median of 0.59. Over the past decade, Hotman Co's Cyclically Adjusted PB Ratio has ranged from 0.54 to 0.66. According to the industry distribution chart, Hotman Co ranks #255 out of 838 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 30.4%.
Is Hotman Co's Cyclically Adjusted PB Ratio too high?
Hotman Co's current Cyclically Adjusted PB Ratio of 0.57 is near median its 10-year median of 0.59. Over the past 10 years, this metric has ranged from a low of 0.54 to a high of 0.66. The Manufacturing - Apparel & Accessories industry median Cyclically Adjusted PB Ratio is 0.98. Hotman Co's value of 0.57 is 41.8% below this industry median. Based on the distribution chart, Hotman Co ranks #255 out of 838 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Hotman Co has a GF Score™ of 62/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hotman Co's Cyclically Adjusted PB Ratio compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Hotman Co ranks #255 out of 838 companies for Cyclically Adjusted PB Ratio. This puts Hotman Co in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.98. Hotman Co's value of 0.57 is 41.8% below this benchmark. Historically, Hotman Co's own Cyclically Adjusted PB Ratio has ranged from 0.54 to 0.66 over the past decade. While the company's 10-year median is 0.59 vs. the industry median of 0.98, Hotman Co 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 0.98, based on 838 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. Hotman Co's current Cyclically Adjusted PB Ratio of 0.57 is 41.8% 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 Hotman Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Cyclically Adjusted PB Ratio is 0.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hotman Co's current Cyclically Adjusted PB Ratio is 0.57, which is near median its own 10-year median of 0.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hotman Co stock overvalued right now?
Based on GuruFocus' analysis, Hotman Co (TSE:3190) is currently considered Fairly Valued. The stock's GF Value™ is 円624.99, compared to a current price of 円586.00 — trading 6.2% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.57, which is near median its 10-year median of 0.59 and 41.8% below the Manufacturing - Apparel & Accessories industry median of 0.98. Hotman Co's overall GF Score™ is 62/100 with 2 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 Hotman Co (TSE:3190), the current Cyclically Adjusted PB Ratio is 0.57 as of Aug. 12, 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 Hotman Co (TSE:3190) Overvalued in 2026?

Based on GuruFocus' analysis, Hotman Co stock appears to be undervalued. The current stock price of 円586.00 is trading 6.2% below its estimated GF Value™ of 円624.99. GuruFocus considers Hotman Co to be Fairly Valued.

Key valuation signals for TSE:3190:

  • Cyclically Adjusted PB Ratio: 0.57 (near median its 10-year median of 0.59)
  • GF Value™: 円624.99 vs. price of 円586.00 (6.2% below fair value)
  • GF Score™: 62/100 with 2 warning signs
  • Industry Position: 41.8% below the Manufacturing - Apparel & Accessories median (#255 of 838)

No single metric tells the full story. See the TSE:3190 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hotman Co Business Description

Address 4-4-17 Nishitaga, Taihaku-ku, Miyagi-ken, Sendai, JPN, 982?0034
Hotman Co Ltd is a Japan-based company engaged in the automotive supplies and automotive-related business. Its operating segments include: the Yellow Hat Business, which sells, installs, and maintains car accessories; the TSUTAYA Business, which offers books, stationery, and DVD rentals; and the Up Garage Business, focused on buying and selling used car-related products. It generates the majority of its revenue from the Yellow Hat Business.
62GF Score

Get the complete analysis for TSE:3190

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

円586.00
Price
円624.99
GF Value