OZU (TSE:7487) Cyclically Adjusted PB Ratio: 0.87 (As of Aug. 02, 2026) — 20% Below 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:7487 OZU Corp TSE:7487
70 GF Score
Price 円1,789.00
GF Value 円1,767.84
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is OZU Cyclically Adjusted PB Ratio?

OZU TSE:7487 -0.06% 70 Cyclically Adjusted PB Ratio is 0.87 as of Aug. 02, 2026, which is 20% below its 10-year median of 1.09. GuruFocus rates TSE:7487 with a GF Score™ of 70/100 and a GF Value™ of 円1,767.84 (Fairly Valued). The stock has 3 warning signs investors should review. Among 240 Forest Products companies, OZU ranks worse than 56.25% on this metric.

As of today (2026-08-02), OZU's current share price is 円1789.00. OZU's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2026 was 円2,067.79. OZU's Cyclically Adjusted PB Ratio for today is 0.87.

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

TSE:7487' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.8   Med: 1.09   Max: 1.48
Current: 0.86

During the past years, OZU's highest Cyclically Adjusted PB Ratio was 1.48. The lowest was 0.80. And the median was 1.09.

TSE:7487's Cyclically Adjusted PB Ratio is ranked worse than
56.25% of 240 companies
in the Forest Products industry
Industry Median: 0.74 vs TSE:7487: 0.86

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.

OZU's adjusted book value per share data for the three months ended in Feb. 2026 was 円2,317.270. 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2,067.79 for the trailing ten years ended in Feb. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


OZU  (TSE:7487) 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.


OZU Cyclically Adjusted PB Ratio Related Terms


OZU Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for OZU'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.

OZU Cyclically Adjusted PB Ratio Chart

OZU Annual Data
Trend May17 May18 May19 May20 May21 May22 May23 May24 May25 May26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.15 0.91 0.85 0.82 0.00

OZU Quarterly Data
Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Nov24 May25 Aug25 Nov25 Feb26 May26
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 0.82 0.82 0.84 0.90 0.00

OZU Cyclically Adjusted PB Ratio Competitor Comparison

For the Paper & Paper Products subindustry, OZU'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.


OZU Cyclically Adjusted PB Ratio vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, OZU's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TSE:7487
70GF Score
OZU Corp TSE:7487
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

OZU 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.

OZU's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1789.00/2067.79
=0.87

* 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.

OZU's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2026 is calculated as:

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

Adj_Book=Book Value per Share/CPI of Feb. 2026 (Change)*Current CPI (Feb. 2026)
=2317.27/112.2000*112.2000
=2,317.270

Current CPI (Feb. 2026) = 112.2000.

OZU Quarterly Data

Book Value per Share CPI Adj_Book
201511 1,562.951 98.100 1,787.595
201602 1,553.643 97.800 1,782.400
201605 1,597.387 98.200 1,825.120
201608 1,524.792 97.900 1,747.514
201611 1,577.373 98.600 1,794.942
201702 1,610.527 98.100 1,842.009
201705 1,646.353 98.600 1,873.436
201708 1,683.002 98.500 1,917.085
201711 1,737.022 99.100 1,966.638
201802 1,751.624 99.500 1,975.198
201805 1,797.565 99.300 2,031.086
201808 1,760.282 99.800 1,978.994
201811 1,763.354 100.000 1,978.483
201902 1,720.298 99.700 1,935.982
201905 1,687.547 100.000 1,893.428
201908 1,722.683 100.000 1,932.850
201911 1,769.170 100.500 1,975.133
202002 1,756.771 100.300 1,965.201
202005 1,782.729 100.100 1,998.224
202008 1,808.860 100.100 2,027.513
202011 1,886.718 99.500 2,127.535
202102 1,864.874 99.800 2,096.582
202105 1,906.611 99.400 2,152.130
202108 1,937.744 99.700 2,180.691
202111 1,916.162 100.100 2,147.786
202202 1,939.228 100.700 2,160.689
202205 1,971.398 101.800 2,172.798
202208 1,998.918 102.700 2,183.823
202211 2,031.249 103.900 2,193.514
202302 2,073.621 104.000 2,237.118
202305 2,145.100 105.100 2,290.012
202308 2,207.801 105.900 2,339.143
202311 2,174.200 106.900 2,281.995
202402 2,180.297 106.900 2,288.394
202405 2,158.323 108.100 2,240.184
202411 2,147.115 110.000 2,190.057
202505 2,275.070 111.800 2,283.210
202508 2,302.138 112.100 2,304.192
202511 2,316.062 113.200 2,295.602
202602 2,317.270 112.200 2,317.270

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 0.87 mean?
OZU (TSE:7487) has a Cyclically Adjusted PB Ratio of 0.87 as of Aug. 02, 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 OZU and its competitors. This is 20% below median its historical median of 1.09. Over the past decade, OZU's Cyclically Adjusted PB Ratio has ranged from 0.80 to 1.48. According to the industry distribution chart, OZU ranks #135 out of 240 companies in the Forest Products industry, placing it in the top 56.2%.
Is OZU's Cyclically Adjusted PB Ratio too high?
OZU's current Cyclically Adjusted PB Ratio of 0.87 is 20% below median its 10-year median of 1.09. Over the past 10 years, this metric has ranged from a low of 0.80 to a high of 1.48. The Forest Products industry median Cyclically Adjusted PB Ratio is 0.74. OZU's value of 0.87 is 17.6% above this industry median. Based on the distribution chart, OZU ranks #135 out of 240 companies in the Forest Products industry, which is below the industry midpoint. Overall, OZU has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does OZU's Cyclically Adjusted PB Ratio compare to competitors?
According to the Forest Products industry distribution chart, OZU ranks #135 out of 240 companies for Cyclically Adjusted PB Ratio. This places OZU in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.74. OZU's value of 0.87 is 17.6% above this benchmark. Historically, OZU's own Cyclically Adjusted PB Ratio has ranged from 0.80 to 1.48 over the past decade. While the company's 10-year median is 1.09 vs. the industry median of 0.74, OZU 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 Forest Products company?
The median Cyclically Adjusted PB Ratio among Forest Products companies is 0.74, based on 240 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. OZU's current Cyclically Adjusted PB Ratio of 0.87 is 17.6% 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 OZU and its competitors. For the Forest Products industry, the median Cyclically Adjusted PB Ratio is 0.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. OZU's current Cyclically Adjusted PB Ratio is 0.87, which is 20% below median its own 10-year median of 1.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is OZU stock overvalued right now?
Based on GuruFocus' analysis, OZU (TSE:7487) is currently considered Fairly Valued. The stock's GF Value™ is 円1,767.84, compared to a current price of 円1,789.00 — trading 1.2% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.87, which is 20% below median its 10-year median of 1.09 and 17.6% above the Forest Products industry median of 0.74. OZU's overall GF Score™ is 70/100 with 3 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 OZU (TSE:7487), the current Cyclically Adjusted PB Ratio is 0.87 as of Aug. 02, 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 OZU (TSE:7487) Overvalued in 2026?

Based on GuruFocus' analysis, OZU stock appears to be overvalued. The current stock price of 円1,789.00 is trading 1.2% above its estimated GF Value™ of 円1,767.84. GuruFocus considers OZU to be Fairly Valued.

Key valuation signals for TSE:7487:

  • Cyclically Adjusted PB Ratio: 0.87 (20% below median its 10-year median of 1.09)
  • GF Value™: 円1,767.84 vs. price of 円1,789.00 (1.2% above fair value)
  • GF Score™: 70/100 with 3 warning signs
  • Industry Position: 17.6% above the Forest Products median (#135 of 240)

No single metric tells the full story. See the TSE:7487 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


OZU Business Description

Address 3-6-2 Nihombashi Honcho, Chuo-ku, Tokyo, JPN, 103-8435
OZU Corp is engaged in processing, importing, exporting, and selling nonwoven fabrics and paper products, manufacturing wet products, importing and exporting, and sales of peracetic acid preparations.
70GF Score

Get the complete analysis for TSE:7487

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

円1,789.00
Price
円1,767.84
GF Value