CRG Holdings Co (TSE:7041) Cyclically Adjusted PB Ratio: 0.78 (As of Aug. 08, 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:7041 CRG Holdings Co Ltd TSE:7041
64 GF Score
Price 円342.00
GF Value 円385.98
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is CRG Holdings Co Cyclically Adjusted PB Ratio?

CRG Holdings Co TSE:7041 -1.16% 64 Cyclically Adjusted PB Ratio is 0.78 as of Aug. 08, 2026, which is 4% above its 10-year median of 0.75. GuruFocus rates TSE:7041 with a GF Score™ of 64/100 and a GF Value™ of 円385.98 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 729 Business Services companies, CRG Holdings Co ranks better than 73.94% on this metric.

As of today (2026-08-08), CRG Holdings Co's current share price is 円342.00. CRG Holdings Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Sep25 was 円437.82. CRG Holdings Co's Cyclically Adjusted PB Ratio for today is 0.78.

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

TSE:7041' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.72   Med: 0.75   Max: 0.81
Current: 0.79

During the past 10 years, CRG Holdings Co's highest Cyclically Adjusted PB Ratio was 0.81. The lowest was 0.72. And the median was 0.75.

TSE:7041's Cyclically Adjusted PB Ratio is ranked better than
73.94% of 729 companies
in the Business Services industry
Industry Median: 1.54 vs TSE:7041: 0.79

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.

CRG Holdings Co's adjusted book value per share data of for the fiscal year that ended in Sep25 was 円525.580. 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437.82 for the trailing ten years ended in Sep25.

Shiller PE for Stocks: The True Measure of Stock Valuation


CRG Holdings Co  (TSE:7041) 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.


CRG Holdings Co Cyclically Adjusted PB Ratio Related Terms


CRG Holdings Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for CRG 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.

CRG Holdings Co Cyclically Adjusted PB Ratio Chart

CRG Holdings Co Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.79

CRG Holdings Co 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 0.79 0.00 0.00

TSE:7041 vs KFY, RHI, TNET: Cyclically Adjusted PB Ratio Comparison

For the Staffing & Employment Services subindustry, CRG 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.


CRG Holdings Co Cyclically Adjusted PB Ratio vs Business Services Industry

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

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


TSE:7041
64GF Score
CRG Holdings Co Ltd TSE:7041
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CRG 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.

CRG Holdings Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=342.00/437.82
=0.78

* 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.

CRG Holdings Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Sep25 is calculated as:

For example, CRG Holdings Co's adjusted Book Value per Share data for the fiscal year that ended in Sep25 was:

Adj_Book=Book Value per Share/CPI of Sep25 (Change)*Current CPI (Sep25)
=525.58/112.0000*112.0000
=525.580

Current CPI (Sep25) = 112.0000.

CRG Holdings Co Annual Data

Book Value per Share CPI Adj_Book
201609 128.383 98.000 146.723
201709 166.608 98.800 188.867
201809 230.635 99.900 258.570
201909 412.847 100.100 461.927
202009 453.269 99.900 508.169
202109 507.700 100.100 568.056
202209 559.874 103.100 608.205
202309 568.171 106.200 599.201
202409 498.690 108.900 512.886
202509 525.580 112.000 525.580

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 0.78 mean?
CRG Holdings Co (TSE:7041) has a Cyclically Adjusted PB Ratio of 0.78 as of Aug. 08, 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 CRG Holdings Co and its competitors. This is near median its historical median of 0.75. Over the past decade, CRG Holdings Co's Cyclically Adjusted PB Ratio has ranged from 0.72 to 0.81. According to the industry distribution chart, CRG Holdings Co ranks #190 out of 729 companies in the Business Services industry, placing it in the top 26.1%.
Is CRG Holdings Co's Cyclically Adjusted PB Ratio too high?
CRG Holdings Co's current Cyclically Adjusted PB Ratio of 0.78 is near median its 10-year median of 0.75. Over the past 10 years, this metric has ranged from a low of 0.72 to a high of 0.81. The Business Services industry median Cyclically Adjusted PB Ratio is 1.54. CRG Holdings Co's value of 0.78 is 49.4% below this industry median. Based on the distribution chart, CRG Holdings Co ranks #190 out of 729 companies in the Business Services industry, which is above the industry midpoint. Overall, CRG Holdings Co has a GF Score™ of 64/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does CRG Holdings Co's Cyclically Adjusted PB Ratio compare to KFY and RHI?
According to the Business Services industry distribution chart, CRG Holdings Co ranks #190 out of 729 companies for Cyclically Adjusted PB Ratio. This puts CRG Holdings Co in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.54. CRG Holdings Co's value of 0.78 is 49.4% below this benchmark. Historically, CRG Holdings Co's own Cyclically Adjusted PB Ratio has ranged from 0.72 to 0.81 over the past decade. While the company's 10-year median is 0.75 vs. the industry median of 1.54, CRG Holdings Co 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 Business Services company?
The median Cyclically Adjusted PB Ratio among Business Services companies is 1.54, based on 729 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. CRG Holdings Co's current Cyclically Adjusted PB Ratio of 0.78 is 49.4% 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 CRG Holdings Co and its competitors. For the Business Services industry, the median Cyclically Adjusted PB Ratio is 1.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CRG Holdings Co's current Cyclically Adjusted PB Ratio is 0.78, which is near median its own 10-year median of 0.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CRG Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, CRG Holdings Co (TSE:7041) is currently considered Modestly Undervalued. The stock's GF Value™ is 円385.98, compared to a current price of 円342.00 — trading 11.4% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.78, which is near median its 10-year median of 0.75 and 49.4% below the Business Services industry median of 1.54. CRG Holdings Co's overall GF Score™ is 64/100 with 6 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 CRG Holdings Co (TSE:7041), the current Cyclically Adjusted PB Ratio is 0.78 as of Aug. 08, 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 CRG Holdings Co (TSE:7041) Overvalued in 2026?

Based on GuruFocus' analysis, CRG Holdings Co stock appears to be undervalued. The current stock price of 円342.00 is trading 11.4% below its estimated GF Value™ of 円385.98. GuruFocus considers CRG Holdings Co to be Modestly Undervalued.

Key valuation signals for TSE:7041:

  • Cyclically Adjusted PB Ratio: 0.78 (near median its 10-year median of 0.75)
  • GF Value™: 円385.98 vs. price of 円342.00 (11.4% below fair value)
  • GF Score™: 64/100 with 6 warning signs
  • Industry Position: 49.4% below the Business Services median (#190 of 729)

No single metric tells the full story. See the TSE:7041 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CRG Holdings Co Business Description

Address 2-1-1 Nishi-Shinjuku, 37th Floor, Shinjuku Mitsui Building, Shinjuku-ku, Tokyo, JPN, 163-0437
CRG Holdings Co Ltd is engaged in HR-related and financial services. The company has two reportable segments: HR-Related Business and Financial Business. The HR-Related segment provides services such as temporary staffing, recruitment, manufacturing contracting, BPO, employment support for people with disabilities, and interpretation and translation. The Financial segment offers business financing, M&A brokerage, and investment services. It generates the majority of its revenue from the Financial segment.
64GF Score

Get the complete analysis for TSE:7041

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

円342.00
Price
円385.98
GF Value