Intertrade Co (TSE:3747) Cyclically Adjusted PB Ratio: 2.28 (As of Aug. 17, 2026) — 12% Above Median

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TSE:3747 Intertrade Co Ltd TSE:3747
55 GF Score
Price 円419.00
GF Value 円378.74
Valuation Modestly Overvalued
! 2 Warning Signs
View Full Analysis

What is Intertrade Co Cyclically Adjusted PB Ratio?

Intertrade Co TSE:3747 +1.21% 55 Cyclically Adjusted PB Ratio is 2.28 as of Aug. 17, 2026, which is 12% above its 10-year median of 2.04. GuruFocus rates TSE:3747 with a GF Score™ of 55/100 and a GF Value™ of 円378.74 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 595 Capital Markets companies, Intertrade Co ranks worse than 68.4% on this metric.

As of today (2026-08-17), Intertrade Co's current share price is 円419.00. Intertrade Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円183.76. Intertrade Co's Cyclically Adjusted PB Ratio for today is 2.28.

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

TSE:3747' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.76   Med: 2.04   Max: 5.55
Current: 2.25

During the past years, Intertrade Co's highest Cyclically Adjusted PB Ratio was 5.55. The lowest was 0.76. And the median was 2.04.

TSE:3747's Cyclically Adjusted PB Ratio is ranked worse than
68.4% of 595 companies
in the Capital Markets industry
Industry Median: 1.31 vs TSE:3747: 2.25

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.

Intertrade Co's adjusted book value per share data for the three months ended in Mar. 2026 was 円167.009. 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183.76 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Intertrade Co  (TSE:3747) 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.


Intertrade Co Cyclically Adjusted PB Ratio Related Terms


Intertrade Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Intertrade 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.

Intertrade Co Cyclically Adjusted PB Ratio Chart

Intertrade Co Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.59 1.99 1.93 1.95 3.47

Intertrade Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 2.38 3.47 3.65 2.97 0.00

TSE:3747 vs MS, GS, SCHW: Cyclically Adjusted PB Ratio Comparison

For the Capital Markets subindustry, Intertrade 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.


Intertrade Co Cyclically Adjusted PB Ratio vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Intertrade Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TSE:3747
55GF Score
Intertrade Co Ltd TSE:3747
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Intertrade 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=419.00/183.76
=2.28

* 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.

Intertrade Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Intertrade Co's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=167.009/112.7000*112.7000
=167.009

Current CPI (Mar. 2026) = 112.7000.

Intertrade Co Quarterly Data

Book Value per Share CPI Adj_Book
201603 238.268 97.900 274.288
201606 236.283 98.100 271.448
201609 244.351 98.000 281.004
201612 232.409 98.400 266.184
201703 235.434 98.100 270.473
201706 207.205 98.500 237.076
201709 194.937 98.800 222.362
201712 185.356 99.400 210.157
201803 176.890 99.200 200.963
201806 172.652 99.200 196.148
201809 147.893 99.900 166.842
201812 132.332 99.700 149.587
201903 122.121 99.700 138.045
201906 103.488 99.800 116.865
201909 101.569 100.100 114.354
201912 109.806 100.500 123.136
202003 118.716 100.300 133.393
202006 119.893 99.900 135.255
202009 126.283 99.900 142.463
202012 132.709 99.300 150.617
202103 129.698 99.900 146.316
202106 139.337 99.500 157.822
202109 154.331 100.100 173.757
202112 150.085 100.100 168.977
202203 164.430 101.100 183.296
202206 167.461 101.800 185.392
202209 178.581 103.100 195.209
202212 174.683 104.100 189.114
202303 179.667 104.400 193.951
202306 176.193 105.200 188.754
202309 183.672 106.200 194.914
202312 189.890 106.800 200.380
202403 186.392 107.200 195.955
202406 181.624 108.200 189.178
202409 169.951 108.900 175.881
202503 164.416 111.100 166.784
202506 153.578 111.700 154.953
202509 149.752 112.000 150.688
202512 171.807 113.000 171.351
202603 167.009 112.700 167.009

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 2.28 mean?
Intertrade Co (TSE:3747) has a Cyclically Adjusted PB Ratio of 2.28 as of Aug. 17, 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 Intertrade Co and its competitors. This is 12% above median its historical median of 2.04. Over the past decade, Intertrade Co's Cyclically Adjusted PB Ratio has ranged from 0.76 to 5.55. According to the industry distribution chart, Intertrade Co ranks #407 out of 595 companies in the Capital Markets industry, placing it in the top 68.4%.
Is Intertrade Co's Cyclically Adjusted PB Ratio too high?
Intertrade Co's current Cyclically Adjusted PB Ratio of 2.28 is 12% above median its 10-year median of 2.04. Over the past 10 years, this metric has ranged from a low of 0.76 to a high of 5.55. The Capital Markets industry median Cyclically Adjusted PB Ratio is 1.31. Intertrade Co's value of 2.28 is 74% above this industry median. Based on the distribution chart, Intertrade Co ranks #407 out of 595 companies in the Capital Markets industry, which is below the industry midpoint. Overall, Intertrade Co has a GF Score™ of 55/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Intertrade Co's Cyclically Adjusted PB Ratio compare to MS and GS?
According to the Capital Markets industry distribution chart, Intertrade Co ranks #407 out of 595 companies for Cyclically Adjusted PB Ratio. This places Intertrade Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.31. Intertrade Co's value of 2.28 is 74% above this benchmark. Historically, Intertrade Co's own Cyclically Adjusted PB Ratio has ranged from 0.76 to 5.55 over the past decade. While the company's 10-year median is 2.04 vs. the industry median of 1.31, Intertrade 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 Capital Markets company?
The median Cyclically Adjusted PB Ratio among Capital Markets companies is 1.31, based on 595 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. Intertrade Co's current Cyclically Adjusted PB Ratio of 2.28 is 74% 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 Intertrade Co and its competitors. For the Capital Markets industry, the median Cyclically Adjusted PB Ratio is 1.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Intertrade Co's current Cyclically Adjusted PB Ratio is 2.28, which is 12% above median its own 10-year median of 2.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Intertrade Co stock overvalued right now?
Based on GuruFocus' analysis, Intertrade Co (TSE:3747) is currently considered Modestly Overvalued. The stock's GF Value™ is 円378.74, compared to a current price of 円419.00 — trading 10.6% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.28, which is 12% above median its 10-year median of 2.04 and 74% above the Capital Markets industry median of 1.31. Intertrade Co's overall GF Score™ is 55/100 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 Intertrade Co (TSE:3747), the current Cyclically Adjusted PB Ratio is 2.28 as of Aug. 17, 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 Intertrade Co (TSE:3747) Overvalued in 2026?

Based on GuruFocus' analysis, Intertrade Co stock appears to be overvalued. The current stock price of 円419.00 is trading 10.6% above its estimated GF Value™ of 円378.74. GuruFocus considers Intertrade Co to be Modestly Overvalued.

Key valuation signals for TSE:3747:

  • Cyclically Adjusted PB Ratio: 2.28 (12% above median its 10-year median of 2.04)
  • GF Value™: 円378.74 vs. price of 円419.00 (10.6% above fair value)
  • GF Score™: 55/100 with 2 warning signs
  • Industry Position: 74% above the Capital Markets median (#407 of 595)

No single metric tells the full story. See the TSE:3747 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Intertrade Co Business Description

Address 1-17-21 Shinkawa, Tokyo Kayabacho First Building 3rd floor, Chuo-ku, Tokyo, JPN, 104-0033
Intertrade Co Ltd offers securities dealing, foreign exchange margin trading, and exchange trading systems; and integrated management control platform, virtual engineering, and system integration/system engineering services. It is also engaged in the health food and cosmetic products business.
55GF Score

Get the complete analysis for TSE:3747

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

円419.00
Price
円378.74
GF Value