Artra Group (TSE:6029) Cyclically Adjusted PB Ratio: 1.00 (As of Aug. 20, 2026) — 14% Above Median

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TSE:6029 Artra Group Corp TSE:6029
57 GF Score
Price 円189.00
GF Value 円116.23
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Artra Group Cyclically Adjusted PB Ratio?

Artra Group TSE:6029 57 Cyclically Adjusted PB Ratio is 1.00 as of Aug. 20, 2026, which is 14% above its 10-year median of 0.88. GuruFocus rates TSE:6029 with a GF Score™ of 57/100 and a GF Value™ of 円116.23 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 341 Healthcare Providers & Services companies, Artra Group ranks better than 70.97% on this metric.

As of today (2026-08-20), Artra Group's current share price is 円189.00. Artra Group's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was 円189.25. Artra Group's Cyclically Adjusted PB Ratio for today is 1.00.

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

TSE:6029' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.69   Med: 0.88   Max: 1.85
Current: 1

During the past years, Artra Group's highest Cyclically Adjusted PB Ratio was 1.85. The lowest was 0.69. And the median was 0.88.

TSE:6029's Cyclically Adjusted PB Ratio is ranked better than
70.97% of 341 companies
in the Healthcare Providers & Services industry
Industry Median: 1.89 vs TSE:6029: 1.00

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.

Artra Group's adjusted book value per share data for the three months ended in Jun. 2026 was 円161.388. 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189.25 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Artra Group  (TSE:6029) 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.


Artra Group Cyclically Adjusted PB Ratio Related Terms


Artra Group Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Artra Group'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.

Artra Group Cyclically Adjusted PB Ratio Chart

Artra Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.77 0.91

Artra Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24 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 0.93 1.04 0.91 0.77 0.99

TSE:6029 vs HCA, THC, DVA: Cyclically Adjusted PB Ratio Comparison

For the Medical Care Facilities subindustry, Artra Group'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.


Artra Group Cyclically Adjusted PB Ratio vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Artra Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TSE:6029
57GF Score
Artra Group Corp TSE:6029
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Artra Group 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.

Artra Group's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=189.00/189.25
=1.00

* 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.

Artra Group's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Artra Group's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=161.388/113.6000*113.6000
=161.388

Current CPI (Jun. 2026) = 113.6000.

Artra Group Quarterly Data

Book Value per Share CPI Adj_Book
201606 160.955 98.100 186.386
201609 168.567 98.000 195.400
201612 169.841 98.400 196.077
201703 169.686 98.100 196.497
201706 176.190 98.500 203.200
201709 183.186 98.800 210.627
201712 201.100 99.400 229.829
201803 205.809 99.200 235.685
201806 213.095 99.200 244.028
201809 250.204 99.900 284.516
201812 228.356 99.700 260.193
201903 225.752 99.700 257.226
201906 224.955 99.800 256.061
201909 222.373 100.100 252.363
201912 209.062 100.500 236.313
202003 201.532 100.300 228.256
202006 193.301 99.900 219.810
202009 196.684 99.900 223.657
202012 154.113 99.300 176.307
202103 165.479 99.900 188.172
202106 167.050 99.500 190.722
202109 169.716 100.100 192.605
202112 147.682 100.100 167.599
202203 144.780 101.100 162.681
202206 131.431 101.800 146.666
202209 132.946 103.100 146.486
202212 133.560 104.100 145.748
202303 126.580 104.400 137.735
202306 127.293 105.200 137.457
202309 129.446 106.200 138.466
202312 142.616 106.800 151.696
202403 139.397 107.200 147.719
202406 135.996 108.200 142.783
202412 139.922 110.700 143.588
202503 138.124 111.100 141.232
202506 150.966 111.700 153.534
202509 157.077 112.000 159.321
202512 165.189 113.000 166.066
202603 154.557 112.700 155.791
202606 161.388 113.600 161.388

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 1.00 mean?
Artra Group (TSE:6029) has a Cyclically Adjusted PB Ratio of 1.00 as of Aug. 20, 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 Artra Group and its competitors. This is 14% above median its historical median of 0.88. Over the past decade, Artra Group's Cyclically Adjusted PB Ratio has ranged from 0.69 to 1.85. According to the industry distribution chart, Artra Group ranks #99 out of 341 companies in the Healthcare Providers & Services industry, placing it in the top 29%.
Is Artra Group's Cyclically Adjusted PB Ratio too high?
Artra Group's current Cyclically Adjusted PB Ratio of 1.00 is 14% above median its 10-year median of 0.88. Over the past 10 years, this metric has ranged from a low of 0.69 to a high of 1.85. The Healthcare Providers & Services industry median Cyclically Adjusted PB Ratio is 1.89. Artra Group's value of 1.00 is 47.1% below this industry median. Based on the distribution chart, Artra Group ranks #99 out of 341 companies in the Healthcare Providers & Services industry, which is above the industry midpoint. Overall, Artra Group has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Artra Group's Cyclically Adjusted PB Ratio compare to HCA and THC?
According to the Healthcare Providers & Services industry distribution chart, Artra Group ranks #99 out of 341 companies for Cyclically Adjusted PB Ratio. This puts Artra Group in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.89. Artra Group's value of 1.00 is 47.1% below this benchmark. Historically, Artra Group's own Cyclically Adjusted PB Ratio has ranged from 0.69 to 1.85 over the past decade. While the company's 10-year median is 0.88 vs. the industry median of 1.89, Artra Group has consistently been below 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 Healthcare Providers & Services company?
The median Cyclically Adjusted PB Ratio among Healthcare Providers & Services companies is 1.89, based on 341 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. Artra Group's current Cyclically Adjusted PB Ratio of 1.00 is 47.1% below 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 Artra Group and its competitors. For the Healthcare Providers & Services industry, the median Cyclically Adjusted PB Ratio is 1.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Artra Group's current Cyclically Adjusted PB Ratio is 1.00, which is 14% above median its own 10-year median of 0.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Artra Group stock overvalued right now?
Based on GuruFocus' analysis, Artra Group (TSE:6029) is currently considered Significantly Overvalued. The stock's GF Value™ is 円116.23, compared to a current price of 円189.00 — trading 62.6% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.00, which is 14% above median its 10-year median of 0.88 and 47.1% below the Healthcare Providers & Services industry median of 1.89. Artra Group's overall GF Score™ is 57/100 with 4 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 Artra Group (TSE:6029), the current Cyclically Adjusted PB Ratio is 1.00 as of Aug. 20, 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 Artra Group (TSE:6029) Overvalued in 2026?

Based on GuruFocus' analysis, Artra Group stock appears to be overvalued. The current stock price of 円189.00 is trading 62.6% above its estimated GF Value™ of 円116.23. GuruFocus considers Artra Group to be Significantly Overvalued.

Key valuation signals for TSE:6029:

  • Cyclically Adjusted PB Ratio: 1.00 (14% above median its 10-year median of 0.88)
  • GF Value™: 円116.23 vs. price of 円189.00 (62.6% above fair value)
  • GF Score™: 57/100 with 4 warning signs
  • Industry Position: 47.1% below the Healthcare Providers & Services median (#99 of 341)

No single metric tells the full story. See the TSE:6029 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Artra Group Business Description

Address 4-6-9 Tachimichibori, Taiga Building, Nishi-ku, Osaka, JPN, 550-0012
Artra Group Corp is engaged in the healthcare support business, providing services that assist the operation and management of clinics and related facilities. The group has two reportable segments: Acupuncture & Orthopedic Clinic Support and Toy Sales Business. The Acupuncture and Orthopedic Clinic Support segment is involved in supporting acupuncture and orthopedic clinics through services such as bone setting chains, provision of equipment and consumables, Attra billing services, HONEY-STYLE, and nursing care support. The Toy Sales segment focuses on the sale of toys, stationery, and other related products.
57GF Score

Get the complete analysis for TSE:6029

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

円189.00
Price
円116.23
GF Value