STUDIO ATAO Co (TSE:3550) Cyclically Adjusted PB Ratio: 1.21 (As of Aug. 07, 2026) — Near Median

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TSE:3550 STUDIO ATAO Co Ltd TSE:3550
75 GF Score
Price 円219.00
GF Value 円246.36
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is STUDIO ATAO Co Cyclically Adjusted PB Ratio?

STUDIO ATAO Co TSE:3550 -0.45% 75 Cyclically Adjusted PB Ratio is 1.21 as of Aug. 07, 2026, which is 2% below its 10-year median of 1.23. GuruFocus rates TSE:3550 with a GF Score™ of 75/100 and a GF Value™ of 円246.36 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 847 Manufacturing - Apparel & Accessories companies, STUDIO ATAO Co ranks worse than 57.85% on this metric.

As of today (2026-08-07), STUDIO ATAO Co's current share price is 円219.00. STUDIO ATAO Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Feb26 was 円181.70. STUDIO ATAO Co's Cyclically Adjusted PB Ratio for today is 1.21.

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

TSE:3550' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.11   Med: 1.23   Max: 1.45
Current: 1.19

During the past 11 years, STUDIO ATAO Co's highest Cyclically Adjusted PB Ratio was 1.45. The lowest was 1.11. And the median was 1.23.

TSE:3550's Cyclically Adjusted PB Ratio is ranked worse than
57.85% of 847 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.95 vs TSE:3550: 1.19

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.

STUDIO ATAO Co's adjusted book value per share data of for the fiscal year that ended in Feb26 was 円186.741. 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181.70 for the trailing ten years ended in Feb26.

Shiller PE for Stocks: The True Measure of Stock Valuation


STUDIO ATAO Co  (TSE:3550) 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.


STUDIO ATAO Co Cyclically Adjusted PB Ratio Related Terms


STUDIO ATAO Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for STUDIO ATAO 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.

STUDIO ATAO Co Cyclically Adjusted PB Ratio Chart

STUDIO ATAO 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 1.20 1.24

STUDIO ATAO Co Semi-Annual Data
Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
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 1.20 0.00 1.24

TSE:3550 vs NKE, DECK, ONON: Cyclically Adjusted PB Ratio Comparison

For the Footwear & Accessories subindustry, STUDIO ATAO 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.


STUDIO ATAO Co Cyclically Adjusted PB Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, STUDIO ATAO Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TSE:3550
75GF Score
STUDIO ATAO Co Ltd TSE:3550
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

STUDIO ATAO 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=219.00/181.70
=1.21

* 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.

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

For example, STUDIO ATAO 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)
=186.741/112.2000*112.2000
=186.741

Current CPI (Feb26) = 112.2000.

STUDIO ATAO Co Annual Data

Book Value per Share CPI Adj_Book
201702 80.224 98.100 91.755
201802 108.927 99.500 122.830
201902 150.799 99.700 169.706
202002 191.561 100.300 214.289
202102 209.691 99.800 235.745
202202 203.731 100.700 226.997
202302 182.112 104.000 196.471
202402 180.503 106.900 189.452
202502 180.702 110.800 182.985
202602 186.741 112.200 186.741

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 1.21 mean?
STUDIO ATAO Co (TSE:3550) has a Cyclically Adjusted PB Ratio of 1.21 as of Aug. 07, 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 STUDIO ATAO Co and its competitors. This is near median its historical median of 1.23. Over the past decade, STUDIO ATAO Co's Cyclically Adjusted PB Ratio has ranged from 1.11 to 1.45. According to the industry distribution chart, STUDIO ATAO Co ranks #490 out of 847 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 57.9%.
Is STUDIO ATAO Co's Cyclically Adjusted PB Ratio too high?
STUDIO ATAO Co's current Cyclically Adjusted PB Ratio of 1.21 is near median its 10-year median of 1.23. Over the past 10 years, this metric has ranged from a low of 1.11 to a high of 1.45. The Manufacturing - Apparel & Accessories industry median Cyclically Adjusted PB Ratio is 0.95. STUDIO ATAO Co's value of 1.21 is 27.4% above this industry median. Based on the distribution chart, STUDIO ATAO Co ranks #490 out of 847 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, STUDIO ATAO Co has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does STUDIO ATAO Co's Cyclically Adjusted PB Ratio compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, STUDIO ATAO Co ranks #490 out of 847 companies for Cyclically Adjusted PB Ratio. This places STUDIO ATAO Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.95. STUDIO ATAO Co's value of 1.21 is 27.4% above this benchmark. Historically, STUDIO ATAO Co's own Cyclically Adjusted PB Ratio has ranged from 1.11 to 1.45 over the past decade. While the company's 10-year median is 1.23 vs. the industry median of 0.95, STUDIO ATAO 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 Manufacturing - Apparel & Accessories company?
The median Cyclically Adjusted PB Ratio among Manufacturing - Apparel & Accessories companies is 0.95, based on 847 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. STUDIO ATAO Co's current Cyclically Adjusted PB Ratio of 1.21 is 27.4% 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 STUDIO ATAO Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Cyclically Adjusted PB Ratio is 0.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. STUDIO ATAO Co's current Cyclically Adjusted PB Ratio is 1.21, which is near median its own 10-year median of 1.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is STUDIO ATAO Co stock overvalued right now?
Based on GuruFocus' analysis, STUDIO ATAO Co (TSE:3550) is currently considered Modestly Undervalued. The stock's GF Value™ is 円246.36, compared to a current price of 円219.00 — trading 11.1% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.21, which is near median its 10-year median of 1.23 and 27.4% above the Manufacturing - Apparel & Accessories industry median of 0.95. STUDIO ATAO Co's overall GF Score™ is 75/100 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 STUDIO ATAO Co (TSE:3550), the current Cyclically Adjusted PB Ratio is 1.21 as of Aug. 07, 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 STUDIO ATAO Co (TSE:3550) Overvalued in 2026?

Based on GuruFocus' analysis, STUDIO ATAO Co stock appears to be undervalued. The current stock price of 円219.00 is trading 11.1% below its estimated GF Value™ of 円246.36. GuruFocus considers STUDIO ATAO Co to be Modestly Undervalued.

Key valuation signals for TSE:3550:

  • Cyclically Adjusted PB Ratio: 1.21 (near median its 10-year median of 1.23)
  • GF Value™: 円246.36 vs. price of 円219.00 (11.1% below fair value)
  • GF Score™: 75/100 with 2 warning signs
  • Industry Position: 27.4% above the Manufacturing - Apparel & Accessories median (#490 of 847)

No single metric tells the full story. See the TSE:3550 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


STUDIO ATAO Co Business Description

Address 1-6, Gokodori 8-chome, Hyogo Prefecture, Chuo-ku, Tokyo, JPN, 651-0087
STUDIO ATAO Co Ltd design and sells bags and purses. The company also manages direct retail stores and internet stores. The firm engages in the planning and sale of original bags, wallets. It also administers and manages stores; produces and operates Internet shops; and plans and produces paper media, including illustrations, as well as engages in character planning, creation, planning, and production of promotional goods, such as novelties.
75GF Score

Get the complete analysis for TSE:3550

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

円219.00
Price
円246.36
GF Value