Japan Elevator Service Holdings Co (TSE:6544) Cyclically Adjusted PB Ratio: 28.45 (As of Aug. 04, 2026) — Near Median

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:6544 Japan Elevator Service Holdings Co Ltd TSE:6544
95 GF Score
Price 円1,646.50
GF Value 円1,874.29
Valuation Modestly Undervalued
View Full Analysis

What is Japan Elevator Service Holdings Co Cyclically Adjusted PB Ratio?

Japan Elevator Service Holdings Co TSE:6544 +0.34% 95 Cyclically Adjusted PB Ratio is 28.45 as of Aug. 04, 2026, which is 1% below its 10-year median of 28.78. GuruFocus rates TSE:6544 with a GF Score™ of 95/100 and a GF Value™ of 円1,874.29 (Modestly Undervalued). Among 728 Business Services companies, Japan Elevator Service Holdings Co ranks worse than 99.59% on this metric.

As of today (2026-08-04), Japan Elevator Service Holdings Co's current share price is 円1646.50. Japan Elevator Service Holdings Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円57.88. Japan Elevator Service Holdings Co's Cyclically Adjusted PB Ratio for today is 28.45.

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

TSE:6544' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 26.86   Med: 28.78   Max: 32.29
Current: 28.8

During the past years, Japan Elevator Service Holdings Co's highest Cyclically Adjusted PB Ratio was 32.29. The lowest was 26.86. And the median was 28.78.

TSE:6544's Cyclically Adjusted PB Ratio is ranked worse than
99.59% of 728 companies
in the Business Services industry
Industry Median: 1.555 vs TSE:6544: 28.80

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.

Japan Elevator Service Holdings Co's adjusted book value per share data for the three months ended in Mar. 2026 was 円137.533. 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57.88 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Japan Elevator Service Holdings Co  (TSE:6544) 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.


Japan Elevator Service Holdings Co Cyclically Adjusted PB Ratio Related Terms


Japan Elevator Service Holdings Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Japan Elevator Service 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.

Japan Elevator Service Holdings Co Cyclically Adjusted PB Ratio Chart

Japan Elevator Service Holdings Co 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 0.00 0.00 0.00 0.00 28.03

Japan Elevator Service Holdings Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 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 28.03

TSE:6544 vs CTAS, CPRT, GPN: Cyclically Adjusted PB Ratio Comparison

For the Specialty Business Services subindustry, Japan Elevator Service 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.


Japan Elevator Service Holdings Co Cyclically Adjusted PB Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, Japan Elevator Service Holdings Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Japan Elevator Service Holdings Co's Cyclically Adjusted PB Ratio falls into.


TSE:6544
95GF Score
Japan Elevator Service Holdings Co Ltd TSE:6544
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Japan Elevator Service 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.

Japan Elevator Service Holdings Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1646.50/57.88
=28.45

* 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.

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

For example, Japan Elevator Service Holdings 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)
=137.533/112.7000*112.7000
=137.533

Current CPI (Mar. 2026) = 112.7000.

Japan Elevator Service Holdings Co Quarterly Data

Book Value per Share CPI Adj_Book
201503 5.777 97.900 6.650
201603 5.171 97.900 5.953
201612 5.776 98.400 6.615
201703 12.840 98.100 14.751
201706 13.185 98.500 15.086
201709 14.483 98.800 16.521
201712 15.664 99.400 17.760
201803 17.709 99.200 20.119
201806 17.145 99.200 19.478
201809 19.230 99.900 21.694
201812 21.924 99.700 24.783
201903 24.354 99.700 27.530
201906 22.984 99.800 25.955
201909 25.752 100.100 28.994
201912 28.692 100.500 32.175
202003 31.815 100.300 35.748
202006 30.810 99.900 34.758
202009 50.524 99.900 56.998
202012 54.378 99.300 61.716
202103 57.983 99.900 65.412
202106 55.079 99.500 62.386
202109 58.645 100.100 66.027
202112 61.326 100.100 69.045
202203 65.711 101.100 73.251
202206 62.060 101.800 68.705
202209 66.229 103.100 72.396
202212 71.271 104.100 77.159
202303 75.870 104.400 81.902
202306 72.132 105.200 77.274
202309 78.237 106.200 83.026
202312 84.585 106.800 89.258
202403 92.833 107.200 97.596
202406 0.000 108.200 0.000
202409 94.563 108.900 97.863
202412 102.546 110.700 104.399
202503 112.057 111.100 113.671
202506 105.534 111.700 106.479
202509 115.072 112.000 115.791
202512 125.083 113.000 124.751
202603 137.533 112.700 137.533

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 28.45 mean?
Japan Elevator Service Holdings Co (TSE:6544) has a Cyclically Adjusted PB Ratio of 28.45 as of Aug. 04, 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 Japan Elevator Service Holdings Co and its competitors. This is near median its historical median of 28.78. Over the past decade, Japan Elevator Service Holdings Co's Cyclically Adjusted PB Ratio has ranged from 26.86 to 32.29. According to the industry distribution chart, Japan Elevator Service Holdings Co ranks #725 out of 728 companies in the Business Services industry, placing it in the top 99.6%.
Is Japan Elevator Service Holdings Co's Cyclically Adjusted PB Ratio too high?
Japan Elevator Service Holdings Co's current Cyclically Adjusted PB Ratio of 28.45 is near median its 10-year median of 28.78. Over the past 10 years, this metric has ranged from a low of 26.86 to a high of 32.29. The Business Services industry median Cyclically Adjusted PB Ratio is 1.56. Japan Elevator Service Holdings Co's value of 28.45 is 1729.6% above this industry median. Based on the distribution chart, Japan Elevator Service Holdings Co ranks #725 out of 728 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, Japan Elevator Service Holdings Co has a GF Score™ of 95/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Japan Elevator Service Holdings Co's Cyclically Adjusted PB Ratio compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Japan Elevator Service Holdings Co ranks #725 out of 728 companies for Cyclically Adjusted PB Ratio. This places Japan Elevator Service Holdings Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.56. Japan Elevator Service Holdings Co's value of 28.45 is 1729.6% above this benchmark. Historically, Japan Elevator Service Holdings Co's own Cyclically Adjusted PB Ratio has ranged from 26.86 to 32.29 over the past decade. While the company's 10-year median is 28.78 vs. the industry median of 1.56, Japan Elevator Service 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 a Business Services company?
The median Cyclically Adjusted PB Ratio among Business Services companies is 1.56, based on 728 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. Japan Elevator Service Holdings Co's current Cyclically Adjusted PB Ratio of 28.45 is 1729.6% 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 Japan Elevator Service Holdings Co and its competitors. For the Business Services industry, the median Cyclically Adjusted PB Ratio is 1.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Japan Elevator Service Holdings Co's current Cyclically Adjusted PB Ratio is 28.45, which is near median its own 10-year median of 28.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Japan Elevator Service Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Japan Elevator Service Holdings Co (TSE:6544) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,874.29, compared to a current price of 円1,646.50 — trading 12.2% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 28.45, which is near median its 10-year median of 28.78 and 1729.6% above the Business Services industry median of 1.56. Japan Elevator Service Holdings Co's overall GF Score™ is 95/100. 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 Japan Elevator Service Holdings Co (TSE:6544), the current Cyclically Adjusted PB Ratio is 28.45 as of Aug. 04, 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 Japan Elevator Service Holdings Co (TSE:6544) Overvalued in 2026?

Based on GuruFocus' analysis, Japan Elevator Service Holdings Co stock appears to be undervalued. The current stock price of 円1,646.50 is trading 12.2% below its estimated GF Value™ of 円1,874.29. GuruFocus considers Japan Elevator Service Holdings Co to be Modestly Undervalued.

Key valuation signals for TSE:6544:

  • Cyclically Adjusted PB Ratio: 28.45 (near median its 10-year median of 28.78)
  • GF Value™: 円1,874.29 vs. price of 円1,646.50 (12.2% below fair value)
  • GF Score™: 95/100
  • Industry Position: 1729.6% above the Business Services median (#725 of 728)

No single metric tells the full story. See the TSE:6544 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Japan Elevator Service Holdings Co Business Description

Other Exchanges JPEVF:USA
Address 1-3-13 Nihonbashi, Chuo-ku, Tokyo Tatemono Nihonbashi Building, 5th Floor, Tokyo, JPN, 103-0027
Japan Elevator Service Holdings Co Ltd is an elevator maintenance company. It provides maintenance, repairment, and renewal of elevators and escalators.
95GF Score

Get the complete analysis for TSE:6544

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

円1,646.50
Price
円1,874.29
GF Value