Mie Kotsu Group Holdings (TSE:3232) Cyclically Adjusted PB Ratio: (As of Sep. 21, 2026)

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Director of Data and Quant Analytics at GuruFocus
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TSE:3232 Mie Kotsu Group Holdings Inc TSE:3232
76 GF Score
Price 円610.00
GF Value 円586.36
Valuation Fairly Valued
! 3 Warning Signs
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What is Mie Kotsu Group Holdings Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Mie Kotsu Group Holdings  (TSE:3232) 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.


Mie Kotsu Group Holdings Cyclically Adjusted PB Ratio Related Terms


Mie Kotsu Group Holdings Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Mie Kotsu Group 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.

Mie Kotsu Group Holdings Cyclically Adjusted PB Ratio Chart

Mie Kotsu Group Holdings 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 1.07 1.22 1.27 0.94 0.96

Mie Kotsu Group Holdings Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 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 0.93 1.00 0.97 0.97 0.92

TSE:3232 vs MMM, HON: Cyclically Adjusted PB Ratio Comparison

For the Conglomerates subindustry, Mie Kotsu Group 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.


Mie Kotsu Group Holdings Cyclically Adjusted PB Ratio vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Mie Kotsu Group Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Mie Kotsu Group Holdings's Cyclically Adjusted PB Ratio falls into.


TSE:3232
76GF Score
Mie Kotsu Group Holdings Inc TSE:3232
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mie Kotsu Group 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.

Mie Kotsu Group Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Mie Kotsu Group Holdings's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=731.828/113.6000*113.6000
=731.828

Current CPI (Jun. 2026) = 113.6000.

Mie Kotsu Group Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201609 380.186 98.000 440.705
201612 399.752 98.400 461.502
201703 400.686 98.100 463.995
201706 410.063 98.500 472.925
201709 417.167 98.800 479.658
201712 436.940 99.400 499.360
201803 446.501 99.200 511.316
201806 451.202 99.200 516.699
201809 466.368 99.900 530.324
201812 475.491 99.700 541.783
201903 492.694 99.700 561.385
201906 497.098 99.800 565.835
201909 515.630 100.100 585.171
201912 525.179 100.500 593.635
202003 508.413 100.300 575.830
202006 492.971 99.900 560.576
202009 488.215 99.900 555.167
202012 504.320 99.300 576.946
202103 479.905 99.900 545.718
202106 472.661 99.500 539.641
202109 474.042 100.100 537.974
202112 474.452 100.100 538.439
202203 485.533 101.100 545.564
202206 499.038 101.800 556.883
202209 511.934 103.100 564.071
202212 525.071 104.100 572.988
202303 528.627 104.400 575.211
202306 548.377 105.200 592.164
202309 560.335 106.200 599.379
202312 578.703 106.800 615.549
202403 593.063 107.200 628.470
202406 602.659 108.200 632.736
202409 616.868 108.900 643.491
202412 631.287 110.700 647.825
202503 630.232 111.100 644.414
202506 636.630 111.700 647.459
202509 668.198 112.000 677.744
202512 690.593 113.000 694.260
202603 701.695 112.700 707.299
202606 731.828 113.600 731.828

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.

Is Mie Kotsu Group Holdings (TSE:3232) Overvalued in 2026?

Based on GuruFocus' analysis, Mie Kotsu Group Holdings stock appears to be overvalued. The current stock price of 円610.00 is trading 4% above its estimated GF Value™ of 円586.36. GuruFocus considers Mie Kotsu Group Holdings to be Fairly Valued.

Key valuation signals for TSE:3232:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: 円586.36 vs. price of 円610.00 (4% above fair value)
  • GF Score™: 76/100 with 3 warning signs

No single metric tells the full story. See the TSE:3232 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mie Kotsu Group Holdings Business Description

Other Exchanges MEKTF:USA
Address No. 1, No. 1 Tsu City, Mie, JPN
Mie Kotsu Group Holdings Inc is a Japan-based company mainly engaged in the provision of transportation services. The company operates through four businesses namely real estate, transportation, distribution and leisure services. Its real estate business is involved in the trading and leasing of real estates. The transportation business offers bus, taxi, railway transportation, and automobile maintenance services. Its distribution business consists of delivering goods and services. The leisure services market operates hotels and golf courses as well as tourism consulting services.
76GF Score

Get the complete analysis for TSE:3232

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

円610.00
Price
円586.36
GF Value