Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Mie Kotsu Group HoldingsTSE:3232 -0.18%77 Cyclically Adjusted PB Ratio is 0.98 as of Jul. 26, 2026, which is 22% below its 10-year median of 1.25. GuruFocus rates TSE:3232 with a GF Score™ of 77/100 and a GF Value™ of 円592.18 (Fairly Valued). The stock has 2 warning signs investors should review. Among 474 Conglomerates companies, Mie Kotsu Group Holdings ranks better than 51.9% on this metric.
The historical rank and industry rank for Mie Kotsu Group Holdings's Cyclically Adjusted PB Ratio or its related term are showing as below:
TSE:3232'
s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.9 Med: 1.25 Max: 1.92
Current: 0.98
During the past years, Mie Kotsu Group Holdings's highest Cyclically Adjusted PB Ratio was 1.92. The lowest was 0.90. And the median was 1.25.
TSE:3232's Cyclically Adjusted PB Ratio is ranked better than 51.9% of 474
companies
in the Conglomerates industry
Industry Median: 1.02
vs TSE:3232: 0.98
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.
Mie Kotsu Group Holdings's adjusted book value per share data for the three months ended in Mar. 2026 was 円697.778. 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558.63 for the trailing ten years ended in Mar. 2026.
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
TSE:3232 vs HON, MMM: 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.
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.
* 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.
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 0.98 mean?
Mie Kotsu Group Holdings (TSE:3232) has a Cyclically Adjusted PB Ratio of 0.98 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 Mie Kotsu Group Holdings and its competitors. This is 22% below median its historical median of 1.25. Over the past decade, Mie Kotsu Group Holdings' Cyclically Adjusted PB Ratio has ranged from 0.90 to 1.92. According to the industry distribution chart, Mie Kotsu Group Holdings ranks #228 out of 474 companies in the Conglomerates industry, placing it in the top 48.1%.
Is Mie Kotsu Group Holdings' Cyclically Adjusted PB Ratio too high?
Mie Kotsu Group Holdings' current Cyclically Adjusted PB Ratio of 0.98 is 22% below median its 10-year median of 1.25. Over the past 10 years, this metric has ranged from a low of 0.90 to a high of 1.92. The Conglomerates industry median Cyclically Adjusted PB Ratio is 1.02. Mie Kotsu Group Holdings' value of 0.98 is 3.9% below this industry median. Based on the distribution chart, Mie Kotsu Group Holdings ranks #228 out of 474 companies in the Conglomerates industry, which is above the industry midpoint. Overall, Mie Kotsu Group Holdings has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mie Kotsu Group Holdings' Cyclically Adjusted PB Ratio compare to HON and MMM?
According to the Conglomerates industry distribution chart, Mie Kotsu Group Holdings ranks #228 out of 474 companies for Cyclically Adjusted PB Ratio. This puts Mie Kotsu Group Holdings in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.02. Mie Kotsu Group Holdings' value of 0.98 is 3.9% below this benchmark. Historically, Mie Kotsu Group Holdings' own Cyclically Adjusted PB Ratio has ranged from 0.90 to 1.92 over the past decade. While the company's 10-year median is 1.25 vs. the industry median of 1.02, Mie Kotsu Group 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 Conglomerates company?
The median Cyclically Adjusted PB Ratio among Conglomerates companies is 1.02, based on 474 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. Mie Kotsu Group Holdings's current Cyclically Adjusted PB Ratio of 0.98 is 3.9% 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 Mie Kotsu Group Holdings and its competitors. For the Conglomerates industry, the median Cyclically Adjusted PB Ratio is 1.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mie Kotsu Group Holdings's current Cyclically Adjusted PB Ratio is 0.98, which is 22% below median its own 10-year median of 1.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mie Kotsu Group Holdings stock overvalued right now?
Based on GuruFocus' analysis, Mie Kotsu Group Holdings (TSE:3232) is currently considered Fairly Valued. The stock's GF Value™ is 円592.18, compared to a current price of 円550.00 — trading 7.1% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.98, which is 22% below median its 10-year median of 1.25 and 3.9% below the Conglomerates industry median of 1.02. Mie Kotsu Group Holdings' overall GF Score™ is 77/100 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 Mie Kotsu Group Holdings (TSE:3232), the current Cyclically Adjusted PB Ratio is 0.98 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 Mie Kotsu Group Holdings (TSE:3232) Overvalued in 2026?
Based on GuruFocus' analysis, Mie Kotsu Group Holdings stock appears to be undervalued.
The current stock price of 円550.00 is trading 7.1% below its estimated GF Value™ of 円592.18.
GuruFocus considers Mie Kotsu Group Holdings to be Fairly Valued.
Key valuation signals for TSE:3232:
Cyclically Adjusted PB Ratio: 0.98 (22% below median its 10-year median of 1.25)
GF Value™: 円592.18 vs. price of 円550.00 (7.1% below fair value)
Industry Position: 3.9% below the Conglomerates median (#228 of 474)
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 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.
77GF 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.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TSE:3232 has been successfully added to your 
