Shirohato Co (TSE:3192) Cyclically Adjusted PB Ratio: 0.77 (As of Jul. 26, 2026) — Near Median

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TSE:3192 Shirohato Co Ltd TSE:3192
57 GF Score
Price 円291.00
GF Value 円279.12
Valuation Fairly Valued
! 3 Warning Signs
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What is Shirohato Co Cyclically Adjusted PB Ratio?

Shirohato Co TSE:3192 -3.00% 57 Cyclically Adjusted PB Ratio is 0.77 as of Jul. 26, 2026, which is 6% below its 10-year median of 0.82. GuruFocus rates TSE:3192 with a GF Score™ of 57/100 and a GF Value™ of 円279.12 (Fairly Valued). The stock has 3 warning signs investors should review. Among 808 Retail - Cyclical companies, Shirohato Co ranks better than 64.98% on this metric.

As of today (2026-07-26), Shirohato Co's current share price is 円291.00. Shirohato Co's Cyclically Adjusted Book per Share for the quarter that ended in May. 2026 was 円379.64. Shirohato Co's Cyclically Adjusted PB Ratio for today is 0.77.

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

TSE:3192' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.66   Med: 0.82   Max: 1.35
Current: 0.77

During the past years, Shirohato Co's highest Cyclically Adjusted PB Ratio was 1.35. The lowest was 0.66. And the median was 0.82.

TSE:3192's Cyclically Adjusted PB Ratio is ranked better than
64.98% of 808 companies
in the Retail - Cyclical industry
Industry Median: 1.24 vs TSE:3192: 0.77

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.

Shirohato Co's adjusted book value per share data for the three months ended in May. 2026 was 円368.112. 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379.64 for the trailing ten years ended in May. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shirohato Co  (TSE:3192) 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.


Shirohato Co Cyclically Adjusted PB Ratio Related Terms


Shirohato Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Shirohato 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.

Shirohato Co Cyclically Adjusted PB Ratio Chart

Shirohato Co Annual Data
Trend Aug16 Aug17 Aug18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.97 0.76

Shirohato Co Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 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 0.78 0.78 0.80 0.83 0.96

TSE:3192 vs AMZN, BABA, PDD: Cyclically Adjusted PB Ratio Comparison

For the Internet Retail subindustry, Shirohato 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.


Shirohato Co Cyclically Adjusted PB Ratio vs Retail - Cyclical Industry

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

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


TSE:3192
57GF Score
Shirohato Co Ltd TSE:3192
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shirohato 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=291.00/379.64
=0.77

* 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.

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

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

Adj_Book=Book Value per Share/CPI of May. 2026 (Change)*Current CPI (May. 2026)
=368.112/113.5000*113.5000
=368.112

Current CPI (May. 2026) = 113.5000.

Shirohato Co Quarterly Data

Book Value per Share CPI Adj_Book
201605 197.284 98.200 228.022
201608 201.647 97.900 233.779
201611 267.689 98.600 308.141
201702 272.314 98.100 315.063
201705 279.465 98.600 321.697
201708 295.610 98.500 340.627
201711 298.107 99.100 341.424
201802 308.652 99.500 352.080
201805 424.913 99.300 485.676
201808 427.687 99.800 486.398
201811 422.401 100.000 479.425
201902 421.723 99.700 480.096
201905 412.653 100.000 468.361
201908 407.492 100.000 462.503
201911 408.732 100.500 461.603
202002 397.602 100.300 449.928
202005 394.486 100.100 447.294
202008 383.542 100.100 434.885
202011 375.514 99.500 428.350
202102 354.438 99.800 403.093
202105 353.216 99.400 403.320
202108 351.898 99.700 400.606
202111 349.523 100.100 396.312
202202 320.916 100.700 361.708
202205 322.182 101.800 359.211
202208 327.268 102.700 361.684
202211 324.575 103.900 354.565
202302 330.978 104.000 361.212
202305 322.270 105.100 348.027
202308 319.161 105.900 342.066
202311 316.947 106.900 336.515
202402 312.853 106.900 332.169
202405 306.717 108.100 322.039
202408 307.610 109.100 320.016
202502 331.348 110.800 339.422
202505 394.969 111.800 400.975
202508 386.192 112.100 391.015
202511 378.659 113.200 379.663
202602 374.271 112.200 378.607
202605 368.112 113.500 368.112

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 0.77 mean?
Shirohato Co (TSE:3192) has a Cyclically Adjusted PB Ratio of 0.77 as of Jul. 26, 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 Shirohato Co and its competitors. This is near median its historical median of 0.82. Over the past decade, Shirohato Co's Cyclically Adjusted PB Ratio has ranged from 0.66 to 1.35. According to the industry distribution chart, Shirohato Co ranks #283 out of 808 companies in the Retail - Cyclical industry, placing it in the top 35%.
Is Shirohato Co's Cyclically Adjusted PB Ratio too high?
Shirohato Co's current Cyclically Adjusted PB Ratio of 0.77 is near median its 10-year median of 0.82. Over the past 10 years, this metric has ranged from a low of 0.66 to a high of 1.35. The Retail - Cyclical industry median Cyclically Adjusted PB Ratio is 1.24. Shirohato Co's value of 0.77 is 37.9% below this industry median. Based on the distribution chart, Shirohato Co ranks #283 out of 808 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, Shirohato Co has a GF Score™ of 57/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shirohato Co's Cyclically Adjusted PB Ratio compare to AMZN and BABA?
According to the Retail - Cyclical industry distribution chart, Shirohato Co ranks #283 out of 808 companies for Cyclically Adjusted PB Ratio. This puts Shirohato Co in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.24. Shirohato Co's value of 0.77 is 37.9% below this benchmark. Historically, Shirohato Co's own Cyclically Adjusted PB Ratio has ranged from 0.66 to 1.35 over the past decade. While the company's 10-year median is 0.82 vs. the industry median of 1.24, Shirohato 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 Retail - Cyclical company?
The median Cyclically Adjusted PB Ratio among Retail - Cyclical companies is 1.24, based on 808 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. Shirohato Co's current Cyclically Adjusted PB Ratio of 0.77 is 37.9% 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 Shirohato Co and its competitors. For the Retail - Cyclical industry, the median Cyclically Adjusted PB Ratio is 1.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shirohato Co's current Cyclically Adjusted PB Ratio is 0.77, which is near median its own 10-year median of 0.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shirohato Co stock overvalued right now?
Based on GuruFocus' analysis, Shirohato Co (TSE:3192) is currently considered Fairly Valued. The stock's GF Value™ is 円279.12, compared to a current price of 円291.00 — trading 4.3% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.77, which is near median its 10-year median of 0.82 and 37.9% below the Retail - Cyclical industry median of 1.24. Shirohato Co's overall GF Score™ is 57/100 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 Shirohato Co (TSE:3192), the current Cyclically Adjusted PB Ratio is 0.77 as of Jul. 26, 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 Shirohato Co (TSE:3192) Overvalued in 2026?

Based on GuruFocus' analysis, Shirohato Co stock appears to be overvalued. The current stock price of 円291.00 is trading 4.3% above its estimated GF Value™ of 円279.12. GuruFocus considers Shirohato Co to be Fairly Valued.

Key valuation signals for TSE:3192:

  • Cyclically Adjusted PB Ratio: 0.77 (near median its 10-year median of 0.82)
  • GF Value™: 円279.12 vs. price of 円291.00 (4.3% above fair value)
  • GF Score™: 57/100 with 3 warning signs
  • Industry Position: 37.9% below the Retail - Cyclical median (#283 of 808)

No single metric tells the full story. See the TSE:3192 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shirohato Co Business Description

Address 505 Takeda Mukaishiro-cho, Fushimi-ku, Kyoto, JPN, 612-8418
Shirohato Co Ltd operates as an online shopping website company. It offers innerwear for men and women. The business activity of the group includes the purchase of innerwear from inner manufacturers and selling to individual customers through various channels on the Internet.
57GF Score

Get the complete analysis for TSE:3192

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

円291.00
Price
円279.12
GF Value