Almado (TSE:4932) Cyclically Adjusted PB Ratio: (As of Aug. 24, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

TSE:4932 Almado Inc TSE:4932
76 GF Score
Price 円766.00
GF Value 円1,608.47
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is Almado Cyclically Adjusted PB Ratio?

Almado does not have a history long enough to calculate Cyclically Adjusted Book per Share. Therefore GuruFocus does not calculate Cyclically Adjusted PB Ratio for this company.

Shiller PE for Stocks: The True Measure of Stock Valuation


Almado  (TSE:4932) 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.


Almado Cyclically Adjusted PB Ratio Related Terms


Almado Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Almado'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.

Almado Cyclically Adjusted PB Ratio Chart

Almado Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only 0.00 0.00 0.00 0.00 0.00

Almado Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.00 0.00

TSE:4932 vs PG, CL, KVUE: Cyclically Adjusted PB Ratio Comparison

For the Household & Personal Products subindustry, Almado'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.


Almado Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Almado's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TSE:4932
76GF Score
Almado Inc TSE:4932
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Almado 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.

Almado does not have a history long enough to calculate Cyclically Adjusted Book per Share. Therefore GuruFocus does not calculate Cyclically Adjusted PB Ratio for this company.

Is Almado (TSE:4932) Overvalued in 2026?

Based on GuruFocus' analysis, Almado stock appears to be undervalued. The current stock price of 円766.00 is trading 52.4% below its estimated GF Value™ of 円1,608.47. GuruFocus considers Almado to be Significantly Undervalued.

Key valuation signals for TSE:4932:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: 円1,608.47 vs. price of 円766.00 (52.4% below fair value)
  • GF Score™: 76/100 with 3 warning signs

No single metric tells the full story. See the TSE:4932 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Almado Business Description

Address 4-6-2 Muromachi, Nihonbashi, Chuo-ku, 7th Floor, Ryoka Building, Tokyo, JPN, 103-0022
Almado Inc is engaged in the planning, development, and sales of cosmetics and supplements. The company develops its product from eggshell membrane, which is a thin film inside the eggshell. Its product brands include TO-II, Ode, CELLULA, Type III, AMF, Almado La Dina, and other basic cosmetics, makeup cosmetics, supplements, and quasi-drugs. The company has only one segment, the eggshell membrane healthcare business.
76GF Score

Get the complete analysis for TSE:4932

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

円766.00
Price
円1,608.47
GF Value