United Super Markets Holdings (TSE:3222) Cyclically Adjusted PB Ratio: 0.67 (As of Aug. 12, 2026) — Near Median

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TSE:3222 United Super Markets Holdings Inc TSE:3222
61 GF Score
Price 円809.00
GF Value 円820.34
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is United Super Markets Holdings Cyclically Adjusted PB Ratio?

United Super Markets Holdings TSE:3222 -0.37% 61 Cyclically Adjusted PB Ratio is 0.67 as of Aug. 12, 2026, which is 8% below its 10-year median of 0.73. GuruFocus rates TSE:3222 with a GF Score™ of 61/100 and a GF Value™ of 円820.34 (Fairly Valued). The stock has 3 warning signs investors should review. Among 801 Retail - Cyclical companies, United Super Markets Holdings ranks better than 69.04% on this metric.

As of today (2026-08-12), United Super Markets Holdings's current share price is 円809.00. United Super Markets Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2026 was 円1,209.52. United Super Markets Holdings's Cyclically Adjusted PB Ratio for today is 0.67.

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

TSE:3222' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.65   Med: 0.73   Max: 0.86
Current: 0.67

During the past years, United Super Markets Holdings's highest Cyclically Adjusted PB Ratio was 0.86. The lowest was 0.65. And the median was 0.73.

TSE:3222's Cyclically Adjusted PB Ratio is ranked better than
69.04% of 801 companies
in the Retail - Cyclical industry
Industry Median: 1.24 vs TSE:3222: 0.67

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.

United Super Markets Holdings's adjusted book value per share data for the three months ended in Feb. 2026 was 円1,025.994. 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1,209.52 for the trailing ten years ended in Feb. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


United Super Markets Holdings  (TSE:3222) 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.


United Super Markets Holdings Cyclically Adjusted PB Ratio Related Terms


United Super Markets Holdings Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for United Super Markets Holdings'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.

United Super Markets Holdings Cyclically Adjusted PB Ratio Chart

United Super Markets Holdings Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.65 0.75

United Super Markets Holdings Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 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 0.75 0.79 0.72 0.75 0.00

TSE:3222 vs DDS: Cyclically Adjusted PB Ratio Comparison

For the Department Stores subindustry, United Super Markets Holdings'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.


United Super Markets Holdings Cyclically Adjusted PB Ratio vs Retail - Cyclical Industry

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

* The bar in red indicates where United Super Markets Holdings's Cyclically Adjusted PB Ratio falls into.


TSE:3222
61GF Score
United Super Markets Holdings Inc TSE:3222
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

United Super Markets Holdings 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.

United Super Markets Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=809.00/1209.52
=0.67

* 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.

United Super Markets Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2026 is calculated as:

For example, United Super Markets Holdings's adjusted Book Value per Share data for the three months ended in Feb. 2026 was:

Adj_Book=Book Value per Share/CPI of Feb. 2026 (Change)*Current CPI (Feb. 2026)
=1025.994/112.2000*112.2000
=1,025.994

Current CPI (Feb. 2026) = 112.2000.

United Super Markets Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201605 1,008.445 98.200 1,152.215
201608 1,018.986 97.900 1,167.827
201611 1,028.479 98.600 1,170.338
201702 1,041.474 98.100 1,191.166
201705 1,047.488 98.600 1,191.969
201708 1,058.213 98.500 1,205.396
201711 1,053.783 99.100 1,193.082
201802 1,084.935 99.500 1,223.414
201805 1,091.998 99.300 1,233.859
201808 1,103.154 99.800 1,240.219
201811 1,102.063 100.000 1,236.515
201902 1,106.586 99.700 1,245.325
201905 1,103.257 100.000 1,237.854
201908 1,100.131 100.000 1,234.347
201911 1,098.400 100.500 1,226.273
202002 1,101.577 100.300 1,232.273
202005 1,132.832 100.100 1,269.768
202008 1,149.282 100.100 1,288.206
202011 1,147.053 99.500 1,293.461
202102 1,156.597 99.800 1,300.302
202105 1,159.997 99.400 1,309.373
202108 1,170.366 99.700 1,317.102
202111 1,169.454 100.100 1,310.817
202202 1,182.188 100.700 1,317.195
202205 1,175.633 101.800 1,295.737
202208 1,181.642 102.700 1,290.947
202211 1,169.141 103.900 1,262.537
202302 1,168.907 104.000 1,261.071
202305 1,163.889 105.100 1,242.515
202308 1,164.847 105.900 1,234.144
202311 1,155.128 106.900 1,212.398
202402 1,170.437 106.900 1,228.466
202405 1,154.206 108.100 1,197.983
202408 1,146.022 109.100 1,178.585
202411 1,023.250 110.000 1,043.715
202502 1,039.882 110.800 1,053.021
202505 1,031.346 111.800 1,035.036
202508 1,024.736 112.100 1,025.650
202511 1,013.672 113.200 1,004.717
202602 1,025.994 112.200 1,025.994

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 0.67 mean?
United Super Markets Holdings (TSE:3222) has a Cyclically Adjusted PB Ratio of 0.67 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 United Super Markets Holdings and its competitors. This is near median its historical median of 0.73. Over the past decade, United Super Markets Holdings' Cyclically Adjusted PB Ratio has ranged from 0.65 to 0.86. According to the industry distribution chart, United Super Markets Holdings ranks #248 out of 801 companies in the Retail - Cyclical industry, placing it in the top 31%.
Is United Super Markets Holdings' Cyclically Adjusted PB Ratio too high?
United Super Markets Holdings' current Cyclically Adjusted PB Ratio of 0.67 is near median its 10-year median of 0.73. Over the past 10 years, this metric has ranged from a low of 0.65 to a high of 0.86. The Retail - Cyclical industry median Cyclically Adjusted PB Ratio is 1.24. United Super Markets Holdings' value of 0.67 is 46% below this industry median. Based on the distribution chart, United Super Markets Holdings ranks #248 out of 801 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, United Super Markets Holdings has a GF Score™ of 61/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does United Super Markets Holdings' Cyclically Adjusted PB Ratio compare to DDS?
According to the Retail - Cyclical industry distribution chart, United Super Markets Holdings ranks #248 out of 801 companies for Cyclically Adjusted PB Ratio. This puts United Super Markets Holdings in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.24. United Super Markets Holdings' value of 0.67 is 46% below this benchmark. Historically, United Super Markets Holdings' own Cyclically Adjusted PB Ratio has ranged from 0.65 to 0.86 over the past decade. While the company's 10-year median is 0.73 vs. the industry median of 1.24, United Super Markets Holdings 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 801 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. United Super Markets Holdings's current Cyclically Adjusted PB Ratio of 0.67 is 46% 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 United Super Markets Holdings 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. United Super Markets Holdings's current Cyclically Adjusted PB Ratio is 0.67, which is near median its own 10-year median of 0.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is United Super Markets Holdings stock overvalued right now?
Based on GuruFocus' analysis, United Super Markets Holdings (TSE:3222) is currently considered Fairly Valued. The stock's GF Value™ is 円820.34, compared to a current price of 円809.00 — trading 1.4% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.67, which is near median its 10-year median of 0.73 and 46% below the Retail - Cyclical industry median of 1.24. United Super Markets Holdings' 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 United Super Markets Holdings (TSE:3222), the current Cyclically Adjusted PB Ratio is 0.67 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 United Super Markets Holdings (TSE:3222) Overvalued in 2026?

Based on GuruFocus' analysis, United Super Markets Holdings stock appears to be undervalued. The current stock price of 円809.00 is trading 1.4% below its estimated GF Value™ of 円820.34. GuruFocus considers United Super Markets Holdings to be Fairly Valued.

Key valuation signals for TSE:3222:

  • Cyclically Adjusted PB Ratio: 0.67 (near median its 10-year median of 0.73)
  • GF Value™: 円820.34 vs. price of 円809.00 (1.4% below fair value)
  • GF Score™: 61/100 with 3 warning signs
  • Industry Position: 46% below the Retail - Cyclical median (#248 of 801)

No single metric tells the full story. See the TSE:3222 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


United Super Markets Holdings Business Description

Address 2-9-17 Kanda Surugadai, Chiyoda-ku, Tokyo, JPN, 101-0029
United Super Markets Holdings Inc is a Japanese company which is active in supermarket business management. Its business activities include retailing, wholesale, import and export of groceries, household items, clothing items and other. The company actively operates its stores in metropolitan areas.
61GF Score

Get the complete analysis for TSE:3222

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

円809.00
Price
円820.34
GF Value