Mars Group Holdings (TSE:6419) Cyclically Adjusted PB Ratio: 0.83 (As of Aug. 10, 2026) — Near Median

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TSE:6419 Mars Group Holdings Corp TSE:6419
87 GF Score
Price 円3,155.00
GF Value 円2,592.85
Valuation Modestly Overvalued
! 4 Warning Signs
View Full Analysis

What is Mars Group Holdings Cyclically Adjusted PB Ratio?

Mars Group Holdings TSE:6419 +1.12% 87 Cyclically Adjusted PB Ratio is 0.83 as of Aug. 10, 2026, which is 1% above its 10-year median of 0.82. GuruFocus rates TSE:6419 with a GF Score™ of 87/100 and a GF Value™ of 円2,592.85 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 643 Travel & Leisure companies, Mars Group Holdings ranks better than 63.61% on this metric.

As of today (2026-08-10), Mars Group Holdings's current share price is 円3155.00. Mars Group Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was 円3,811.77. Mars Group Holdings's Cyclically Adjusted PB Ratio for today is 0.83.

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

TSE:6419' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.53   Med: 0.82   Max: 1.16
Current: 0.82

During the past years, Mars Group Holdings's highest Cyclically Adjusted PB Ratio was 1.16. The lowest was 0.53. And the median was 0.82.

TSE:6419's Cyclically Adjusted PB Ratio is ranked better than
63.61% of 643 companies
in the Travel & Leisure industry
Industry Median: 1.21 vs TSE:6419: 0.82

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.

Mars Group Holdings's adjusted book value per share data for the three months ended in Jun. 2026 was 円4,755.389. 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3,811.77 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mars Group Holdings  (TSE:6419) 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.


Mars Group Holdings Cyclically Adjusted PB Ratio Related Terms


Mars Group Holdings Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Mars Group Holdings'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.

Mars Group Holdings Cyclically Adjusted PB Ratio Chart

Mars Group Holdings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.58 0.98 0.99 0.89 0.80

Mars Group Holdings Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 0.80 0.84 0.86 0.80 0.77

TSE:6419 vs AS, HAS, LTH: Cyclically Adjusted PB Ratio Comparison

For the Leisure subindustry, Mars Group Holdings'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.


Mars Group Holdings Cyclically Adjusted PB Ratio vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Mars Group Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TSE:6419
87GF Score
Mars Group Holdings Corp TSE:6419
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mars Group Holdings 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3155.00/3811.77
=0.83

* 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.

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

For example, Mars Group Holdings'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)
=4755.389/113.6000*113.6000
=4,755.389

Current CPI (Jun. 2026) = 113.6000.

Mars Group Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201609 2,894.991 98.000 3,355.826
201612 3,014.004 98.400 3,479.582
201703 3,065.583 98.100 3,549.951
201706 3,049.017 98.500 3,516.430
201709 3,071.327 98.800 3,531.404
201712 3,098.721 99.400 3,541.395
201803 3,128.992 99.200 3,583.201
201806 3,100.710 99.200 3,550.813
201809 3,129.749 99.900 3,558.954
201812 3,111.981 99.700 3,545.848
201903 3,066.159 99.700 3,493.638
201906 3,079.614 99.800 3,505.452
201909 3,107.381 100.100 3,526.458
201912 3,135.686 100.500 3,544.417
202003 3,080.229 100.300 3,488.674
202006 3,048.773 99.900 3,466.873
202009 3,057.445 99.900 3,476.734
202012 3,071.627 99.300 3,513.966
202103 3,131.559 99.900 3,561.012
202106 3,156.263 99.500 3,603.532
202109 3,215.862 100.100 3,649.570
202112 3,239.158 100.100 3,676.007
202203 3,221.213 101.100 3,619.484
202206 3,282.416 101.800 3,662.893
202209 3,294.396 103.100 3,629.907
202212 3,382.571 104.100 3,691.259
202303 3,429.403 104.400 3,731.611
202306 3,602.188 105.200 3,889.815
202309 3,982.010 106.200 4,259.476
202312 3,784.478 106.800 4,025.437
202403 3,976.230 107.200 4,213.617
202406 4,058.295 108.200 4,260.835
202409 4,155.060 108.900 4,334.388
202412 4,164.389 110.700 4,273.483
202503 4,241.732 111.100 4,337.181
202506 4,288.909 111.700 4,361.863
202509 4,421.085 112.000 4,484.243
202512 4,511.801 113.000 4,535.757
202603 4,647.294 112.700 4,684.406
202606 4,755.389 113.600 4,755.389

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 0.83 mean?
Mars Group Holdings (TSE:6419) has a Cyclically Adjusted PB Ratio of 0.83 as of Aug. 10, 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 Mars Group Holdings and its competitors. This is near median its historical median of 0.82. Over the past decade, Mars Group Holdings' Cyclically Adjusted PB Ratio has ranged from 0.53 to 1.16. According to the industry distribution chart, Mars Group Holdings ranks #234 out of 643 companies in the Travel & Leisure industry, placing it in the top 36.4%.
Is Mars Group Holdings' Cyclically Adjusted PB Ratio too high?
Mars Group Holdings' current Cyclically Adjusted PB Ratio of 0.83 is near median its 10-year median of 0.82. Over the past 10 years, this metric has ranged from a low of 0.53 to a high of 1.16. The Travel & Leisure industry median Cyclically Adjusted PB Ratio is 1.21. Mars Group Holdings' value of 0.83 is 31.4% below this industry median. Based on the distribution chart, Mars Group Holdings ranks #234 out of 643 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, Mars Group Holdings has a GF Score™ of 87/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mars Group Holdings' Cyclically Adjusted PB Ratio compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, Mars Group Holdings ranks #234 out of 643 companies for Cyclically Adjusted PB Ratio. This puts Mars Group Holdings in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.21. Mars Group Holdings' value of 0.83 is 31.4% below this benchmark. Historically, Mars Group Holdings' own Cyclically Adjusted PB Ratio has ranged from 0.53 to 1.16 over the past decade. While the company's 10-year median is 0.82 vs. the industry median of 1.21, Mars Group Holdings 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 Travel & Leisure company?
The median Cyclically Adjusted PB Ratio among Travel & Leisure companies is 1.21, based on 643 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. Mars Group Holdings's current Cyclically Adjusted PB Ratio of 0.83 is 31.4% 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 Mars Group Holdings and its competitors. For the Travel & Leisure industry, the median Cyclically Adjusted PB Ratio is 1.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mars Group Holdings's current Cyclically Adjusted PB Ratio is 0.83, which is near median its own 10-year median of 0.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mars Group Holdings stock overvalued right now?
Based on GuruFocus' analysis, Mars Group Holdings (TSE:6419) is currently considered Modestly Overvalued. The stock's GF Value™ is 円2,592.85, compared to a current price of 円3,155.00 — trading 21.7% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.83, which is near median its 10-year median of 0.82 and 31.4% below the Travel & Leisure industry median of 1.21. Mars Group Holdings' overall GF Score™ is 87/100 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 Mars Group Holdings (TSE:6419), the current Cyclically Adjusted PB Ratio is 0.83 as of Aug. 10, 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 Mars Group Holdings (TSE:6419) Overvalued in 2026?

Based on GuruFocus' analysis, Mars Group Holdings stock appears to be overvalued. The current stock price of 円3,155.00 is trading 21.7% above its estimated GF Value™ of 円2,592.85. GuruFocus considers Mars Group Holdings to be Modestly Overvalued.

Key valuation signals for TSE:6419:

  • Cyclically Adjusted PB Ratio: 0.83 (near median its 10-year median of 0.82)
  • GF Value™: 円2,592.85 vs. price of 円3,155.00 (21.7% above fair value)
  • GF Score™: 87/100 with 4 warning signs
  • Industry Position: 31.4% below the Travel & Leisure median (#234 of 643)

No single metric tells the full story. See the TSE:6419 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mars Group Holdings Business Description

Address 1-10-7 Shinjuku, Shinjuku-ku, Tokyo, JPN, 160-0022
Mars Group Holdings Corp engages in the operation of amusement and hotel-related businesses. It operates through the following divisions: Amusement, Automatic Recognition System, and Hotel. The Amusement division provides peripheral equipment for amusement-related facilities. The Automatic Recognition System division deals with RFID (radio frequency identification) and barcodes in the fields of medicine, education, library, and factory automation. The Hotel division handles hotels and restaurants operations in Fukuoka, Shizuoka, and Tokyo.
87GF Score

Get the complete analysis for TSE:6419

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

円3,155.00
Price
円2,592.85
GF Value