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Ichishin Holdings CoTSE:4645 +0.23%65 Cyclically Adjusted PB Ratio is 1.81 as of Aug. 05, 2026, which is 1% above its 10-year median of 1.79. GuruFocus rates TSE:4645 with a GF Score™ of 65/100 and a GF Value™ of 円639.31 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 160 Education companies, Ichishin Holdings Co ranks worse than 66.88% on this metric.
The historical rank and industry rank for Ichishin Holdings Co's Cyclically Adjusted PB Ratio or its related term are showing as below:
TSE:4645'
s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.93 Med: 1.79 Max: 2.59
Current: 1.81
During the past 13 years, Ichishin Holdings Co's highest Cyclically Adjusted PB Ratio was 2.59. The lowest was 0.93. And the median was 1.79.
TSE:4645's Cyclically Adjusted PB Ratio is ranked worse than 66.88% of 160
companies
in the Education industry
Industry Median: 1.09
vs TSE:4645: 1.81
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.
Ichishin Holdings Co's adjusted book value per share data of for the fiscal year that ended in Feb26 was 円306.535. 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239.33 for the trailing ten years ended in Feb26.
Shiller PE for Stocks: The True Measure of Stock Valuation
Ichishin Holdings Co (TSE:4645) 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.
Ichishin Holdings Co Cyclically Adjusted PB Ratio Related Terms
Ichishin Holdings Co Cyclically Adjusted PB Ratio Historical Data
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The historical data trend for Ichishin Holdings 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.
Ichishin Holdings Co Cyclically Adjusted PB Ratio Chart
TSE:4645 vs EDU, TAL, LAUR: Cyclically Adjusted PB Ratio Comparison
For the Education & Training Services subindustry, Ichishin Holdings 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.
Ichishin Holdings Co Cyclically Adjusted PB Ratio vs Education Industry
For the Education industry and Consumer Defensive sector, Ichishin Holdings Co's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where Ichishin Holdings Co's Cyclically Adjusted PB Ratio falls into.
Ichishin Holdings 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.
* 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 1.81 mean?
Ichishin Holdings Co (TSE:4645) has a Cyclically Adjusted PB Ratio of 1.81 as of Aug. 05, 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 Ichishin Holdings Co and its competitors. This is near median its historical median of 1.79. Over the past decade, Ichishin Holdings Co's Cyclically Adjusted PB Ratio has ranged from 0.93 to 2.59. According to the industry distribution chart, Ichishin Holdings Co ranks #107 out of 160 companies in the Education industry, placing it in the top 66.9%.
Is Ichishin Holdings Co's Cyclically Adjusted PB Ratio too high?
Ichishin Holdings Co's current Cyclically Adjusted PB Ratio of 1.81 is near median its 10-year median of 1.79. Over the past 10 years, this metric has ranged from a low of 0.93 to a high of 2.59. The Education industry median Cyclically Adjusted PB Ratio is 1.09. Ichishin Holdings Co's value of 1.81 is 66.1% above this industry median. Based on the distribution chart, Ichishin Holdings Co ranks #107 out of 160 companies in the Education industry, which is below the industry midpoint. Overall, Ichishin Holdings Co has a GF Score™ of 65/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ichishin Holdings Co's Cyclically Adjusted PB Ratio compare to EDU and TAL?
According to the Education industry distribution chart, Ichishin Holdings Co ranks #107 out of 160 companies for Cyclically Adjusted PB Ratio. This places Ichishin Holdings Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.09. Ichishin Holdings Co's value of 1.81 is 66.1% above this benchmark. Historically, Ichishin Holdings Co's own Cyclically Adjusted PB Ratio has ranged from 0.93 to 2.59 over the past decade. While the company's 10-year median is 1.79 vs. the industry median of 1.09, Ichishin Holdings 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 an Education company?
The median Cyclically Adjusted PB Ratio among Education companies is 1.09, based on 160 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. Ichishin Holdings Co's current Cyclically Adjusted PB Ratio of 1.81 is 66.1% 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 Ichishin Holdings Co and its competitors. For the Education industry, the median Cyclically Adjusted PB Ratio is 1.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ichishin Holdings Co's current Cyclically Adjusted PB Ratio is 1.81, which is near median its own 10-year median of 1.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ichishin Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Ichishin Holdings Co (TSE:4645) is currently considered Significantly Undervalued. The stock's GF Value™ is 円639.31, compared to a current price of 円434.00 — trading 32.1% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.81, which is near median its 10-year median of 1.79 and 66.1% above the Education industry median of 1.09. Ichishin Holdings Co's overall GF Score™ is 65/100 with 3 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 Ichishin Holdings Co (TSE:4645), the current Cyclically Adjusted PB Ratio is 1.81 as of Aug. 05, 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 Ichishin Holdings Co (TSE:4645) Overvalued in 2026?
Based on GuruFocus' analysis, Ichishin Holdings Co stock appears to be undervalued.
The current stock price of 円434.00 is trading 32.1% below its estimated GF Value™ of 円639.31.
GuruFocus considers Ichishin Holdings Co to be Significantly Undervalued.
Key valuation signals for TSE:4645:
Cyclically Adjusted PB Ratio: 1.81 (near median its 10-year median of 1.79)
GF Value™: 円639.31 vs. price of 円434.00 (32.1% below fair value)
Industry Position: 66.1% above the Education median (#107 of 160)
No single metric tells the full story. See the TSE:4645 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ichishin Holdings Co Ltd is engaged in the education business. It provides curriculum, instruction, and examination materials for elementary and secondary schools. It is also involved in the provision of group tutorial, individual tutorial, and video tutorial services.
65GF Score
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