Azplanning Co (TSE:3490) Cyclically Adjusted PB Ratio: 1.87 (As of Aug. 10, 2026) — 11% Above Median

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TSE:3490 Azplanning Co Ltd TSE:3490
70 GF Score
Price 円3,165.00
GF Value 円2,348.07
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Azplanning Co Cyclically Adjusted PB Ratio?

Azplanning Co TSE:3490 +0.48% 70 Cyclically Adjusted PB Ratio is 1.87 as of Aug. 10, 2026, which is 11% above its 10-year median of 1.68. GuruFocus rates TSE:3490 with a GF Score™ of 70/100 and a GF Value™ of 円2,348.07 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,412 Real Estate companies, Azplanning Co ranks worse than 82.86% on this metric.

As of today (2026-08-10), Azplanning Co's current share price is 円3165.00. Azplanning Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Feb26 was 円1,692.98. Azplanning Co's Cyclically Adjusted PB Ratio for today is 1.87.

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

TSE:3490' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.61   Med: 1.68   Max: 1.86
Current: 1.86

During the past 11 years, Azplanning Co's highest Cyclically Adjusted PB Ratio was 1.86. The lowest was 1.61. And the median was 1.68.

TSE:3490's Cyclically Adjusted PB Ratio is ranked worse than
82.86% of 1412 companies
in the Real Estate industry
Industry Median: 0.69 vs TSE:3490: 1.86

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.

Azplanning Co's adjusted book value per share data of for the fiscal year that ended in Feb26 was 円2,643.397. 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1,692.98 for the trailing ten years ended in Feb26.

Shiller PE for Stocks: The True Measure of Stock Valuation


Azplanning Co  (TSE:3490) 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.


Azplanning Co Cyclically Adjusted PB Ratio Related Terms


Azplanning Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Azplanning 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.

Azplanning Co Cyclically Adjusted PB Ratio Chart

Azplanning Co 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 1.66 1.71

Azplanning 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 0.00 0.00 0.00 1.71 0.00

TSE:3490 vs CBRE, BEKE, JLL: Cyclically Adjusted PB Ratio Comparison

For the Real Estate Services subindustry, Azplanning 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.


Azplanning Co Cyclically Adjusted PB Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Azplanning Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TSE:3490
70GF Score
Azplanning Co Ltd TSE:3490
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Azplanning 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3165.00/1692.98
=1.87

* 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.

Azplanning Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Feb26 is calculated as:

For example, Azplanning Co's adjusted Book Value per Share data for the fiscal year that ended in Feb26 was:

Adj_Book=Book Value per Share/CPI of Feb26 (Change)*Current CPI (Feb26)
=2643.397/112.2000*112.2000
=2,643.397

Current CPI (Feb26) = 112.2000.

Azplanning Co Annual Data

Book Value per Share CPI Adj_Book
201702 531.144 98.100 607.486
201802 805.330 99.500 908.121
201902 1,559.837 99.700 1,755.403
202002 1,573.764 100.300 1,760.482
202102 1,584.805 99.800 1,781.715
202202 1,026.143 100.700 1,143.329
202302 1,540.880 104.000 1,662.372
202402 2,084.419 106.900 2,187.763
202502 2,448.812 110.800 2,479.754
202602 2,643.397 112.200 2,643.397

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 1.87 mean?
Azplanning Co (TSE:3490) has a Cyclically Adjusted PB Ratio of 1.87 as of Aug. 10, 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 Azplanning Co and its competitors. This is 11% above median its historical median of 1.68. Over the past decade, Azplanning Co's Cyclically Adjusted PB Ratio has ranged from 1.61 to 1.86. According to the industry distribution chart, Azplanning Co ranks #1170 out of 1412 companies in the Real Estate industry, placing it in the top 82.9%.
Is Azplanning Co's Cyclically Adjusted PB Ratio too high?
Azplanning Co's current Cyclically Adjusted PB Ratio of 1.87 is 11% above median its 10-year median of 1.68. Over the past 10 years, this metric has ranged from a low of 1.61 to a high of 1.86. The Real Estate industry median Cyclically Adjusted PB Ratio is 0.69. Azplanning Co's value of 1.87 is 171% above this industry median. Based on the distribution chart, Azplanning Co ranks #1170 out of 1412 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Azplanning Co has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Azplanning Co's Cyclically Adjusted PB Ratio compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Azplanning Co ranks #1170 out of 1412 companies for Cyclically Adjusted PB Ratio. This places Azplanning Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.69. Azplanning Co's value of 1.87 is 171% above this benchmark. Historically, Azplanning Co's own Cyclically Adjusted PB Ratio has ranged from 1.61 to 1.86 over the past decade. While the company's 10-year median is 1.68 vs. the industry median of 0.69, Azplanning Co has consistently been above 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 Real Estate company?
The median Cyclically Adjusted PB Ratio among Real Estate companies is 0.69, based on 1,412 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. Azplanning Co's current Cyclically Adjusted PB Ratio of 1.87 is 171% above 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 Azplanning Co and its competitors. For the Real Estate industry, the median Cyclically Adjusted PB Ratio is 0.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Azplanning Co's current Cyclically Adjusted PB Ratio is 1.87, which is 11% above median its own 10-year median of 1.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Azplanning Co stock overvalued right now?
Based on GuruFocus' analysis, Azplanning Co (TSE:3490) is currently considered Significantly Overvalued. The stock's GF Value™ is 円2,348.07, compared to a current price of 円3,165.00 — trading 34.8% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.87, which is 11% above median its 10-year median of 1.68 and 171% above the Real Estate industry median of 0.69. Azplanning Co's overall GF Score™ is 70/100 with 7 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 Azplanning Co (TSE:3490), the current Cyclically Adjusted PB Ratio is 1.87 as of Aug. 10, 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 Azplanning Co (TSE:3490) Overvalued in 2026?

Based on GuruFocus' analysis, Azplanning Co stock appears to be overvalued. The current stock price of 円3,165.00 is trading 34.8% above its estimated GF Value™ of 円2,348.07. GuruFocus considers Azplanning Co to be Significantly Overvalued.

Key valuation signals for TSE:3490:

  • Cyclically Adjusted PB Ratio: 1.87 (11% above median its 10-year median of 1.68)
  • GF Value™: 円2,348.07 vs. price of 円3,165.00 (34.8% above fair value)
  • GF Score™: 70/100 with 7 warning signs
  • Industry Position: 171% above the Real Estate median (#1170 of 1412)

No single metric tells the full story. See the TSE:3490 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Azplanning Co Business Description

Address 2-12-20 Totsuka, Kawaguchi-shi, Saitama Prefecture, Kawaguchi, JPN, 333-08141
Azplanning Co Ltd is a Japan-based company engages in the selling, leasing, and management of real estate for investment. The Real Estate Sales business includes revenue real estate trading areas and business hotel trading areas. The Real Estate Rental business includes real estate leasing areas, space reclamation areas, business hotel areas. The Real Estate Management business includes real estate management intermediary areas, building renovation areas, and real estate management incidental areas.
70GF Score

Get the complete analysis for TSE:3490

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

円3,165.00
Price
円2,348.07
GF Value