United Arrows (TSE:7606) Cyclically Adjusted PB Ratio: 1.94 (As of Aug. 11, 2026) — Near Median

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TSE:7606 United Arrows Ltd TSE:7606
79 GF Score
Price 円2,613.00
GF Value 円2,504.38
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is United Arrows Cyclically Adjusted PB Ratio?

United Arrows TSE:7606 +1.75% 79 Cyclically Adjusted PB Ratio is 1.94 as of Aug. 11, 2026, which is 8% above its 10-year median of 1.80. GuruFocus rates TSE:7606 with a GF Score™ of 79/100 and a GF Value™ of 円2,504.38 (Fairly Valued). The stock has 4 warning signs investors should review. Among 803 Retail - Cyclical companies, United Arrows ranks worse than 65.13% on this metric.

As of today (2026-08-11), United Arrows's current share price is 円2613.00. United Arrows's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was 円1,347.59. United Arrows's Cyclically Adjusted PB Ratio for today is 1.94.

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

TSE:7606' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.33   Med: 1.8   Max: 5.84
Current: 1.94

During the past years, United Arrows's highest Cyclically Adjusted PB Ratio was 5.84. The lowest was 1.33. And the median was 1.80.

TSE:7606's Cyclically Adjusted PB Ratio is ranked worse than
65.13% of 803 companies
in the Retail - Cyclical industry
Industry Median: 1.25 vs TSE:7606: 1.94

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.

United Arrows's adjusted book value per share data for the three months ended in Jun. 2026 was 円1,520.865. 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1,347.59 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


United Arrows  (TSE:7606) 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.


United Arrows Cyclically Adjusted PB Ratio Related Terms


United Arrows Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for United Arrows'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.

United Arrows Cyclically Adjusted PB Ratio Chart

United Arrows 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 1.65 1.64 1.63 1.64 1.81

United Arrows 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 1.65 1.60 1.85 1.81 1.77

TSE:7606 vs TJX, ROST, BURL: Cyclically Adjusted PB Ratio Comparison

For the Apparel Retail subindustry, United Arrows'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.


United Arrows Cyclically Adjusted PB Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, United Arrows's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TSE:7606
79GF Score
United Arrows Ltd TSE:7606
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

United Arrows 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.

United Arrows's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2613.00/1347.59
=1.94

* 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.

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

For example, United Arrows'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)
=1520.865/113.6000*113.6000
=1,520.865

Current CPI (Jun. 2026) = 113.6000.

United Arrows Quarterly Data

Book Value per Share CPI Adj_Book
201609 1,088.668 98.000 1,261.966
201612 1,113.424 98.400 1,285.416
201703 1,081.489 98.100 1,252.366
201706 1,073.686 98.500 1,238.282
201709 1,075.734 98.800 1,236.876
201712 1,207.605 99.400 1,380.120
201803 1,185.991 99.200 1,358.151
201806 1,185.779 99.200 1,357.908
201809 1,186.590 99.900 1,349.316
201812 1,310.184 99.700 1,492.848
201903 1,333.145 99.700 1,519.010
201906 1,339.771 99.800 1,525.030
201909 1,342.308 100.100 1,523.339
201912 1,403.419 100.500 1,586.352
202003 1,362.009 100.300 1,542.614
202006 1,175.013 99.900 1,336.151
202009 1,132.793 99.900 1,288.141
202012 1,200.000 99.300 1,372.810
202103 1,045.945 99.900 1,189.383
202106 1,021.658 99.500 1,166.436
202109 974.732 100.100 1,106.189
202112 1,081.867 100.100 1,227.773
202203 1,055.238 101.100 1,185.708
202206 1,087.349 101.800 1,213.387
202209 1,078.470 103.100 1,188.304
202212 1,180.488 104.100 1,288.217
202303 1,182.734 104.400 1,286.960
202306 1,187.397 105.200 1,282.208
202309 1,160.895 106.200 1,241.786
202312 1,248.007 106.800 1,327.468
202403 1,269.387 107.200 1,345.171
202406 1,294.318 108.200 1,358.914
202409 1,301.543 108.900 1,357.716
202412 1,397.530 110.700 1,434.141
202503 1,369.965 111.100 1,400.792
202506 1,379.274 111.700 1,402.735
202509 1,362.600 112.000 1,382.066
202512 1,544.750 113.000 1,552.952
202603 1,525.561 112.700 1,537.744
202606 1,520.865 113.600 1,520.865

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 1.94 mean?
United Arrows (TSE:7606) has a Cyclically Adjusted PB Ratio of 1.94 as of Aug. 11, 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 United Arrows and its competitors. This is near median its historical median of 1.80. Over the past decade, United Arrows' Cyclically Adjusted PB Ratio has ranged from 1.33 to 5.84. According to the industry distribution chart, United Arrows ranks #523 out of 803 companies in the Retail - Cyclical industry, placing it in the top 65.1%.
Is United Arrows' Cyclically Adjusted PB Ratio too high?
United Arrows' current Cyclically Adjusted PB Ratio of 1.94 is near median its 10-year median of 1.80. Over the past 10 years, this metric has ranged from a low of 1.33 to a high of 5.84. The Retail - Cyclical industry median Cyclically Adjusted PB Ratio is 1.25. United Arrows' value of 1.94 is 55.2% above this industry median. Based on the distribution chart, United Arrows ranks #523 out of 803 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, United Arrows has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does United Arrows' Cyclically Adjusted PB Ratio compare to TJX and ROST?
According to the Retail - Cyclical industry distribution chart, United Arrows ranks #523 out of 803 companies for Cyclically Adjusted PB Ratio. This places United Arrows in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.25. United Arrows' value of 1.94 is 55.2% above this benchmark. Historically, United Arrows' own Cyclically Adjusted PB Ratio has ranged from 1.33 to 5.84 over the past decade. While the company's 10-year median is 1.80 vs. the industry median of 1.25, United Arrows 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 Retail - Cyclical company?
The median Cyclically Adjusted PB Ratio among Retail - Cyclical companies is 1.25, based on 803 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. United Arrows's current Cyclically Adjusted PB Ratio of 1.94 is 55.2% 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 United Arrows and its competitors. For the Retail - Cyclical industry, the median Cyclically Adjusted PB Ratio is 1.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. United Arrows's current Cyclically Adjusted PB Ratio is 1.94, which is near median its own 10-year median of 1.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is United Arrows stock overvalued right now?
Based on GuruFocus' analysis, United Arrows (TSE:7606) is currently considered Fairly Valued. The stock's GF Value™ is 円2,504.38, compared to a current price of 円2,613.00 — trading 4.3% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.94, which is near median its 10-year median of 1.80 and 55.2% above the Retail - Cyclical industry median of 1.25. United Arrows' overall GF Score™ is 79/100 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 United Arrows (TSE:7606), the current Cyclically Adjusted PB Ratio is 1.94 as of Aug. 11, 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 United Arrows (TSE:7606) Overvalued in 2026?

Based on GuruFocus' analysis, United Arrows stock appears to be overvalued. The current stock price of 円2,613.00 is trading 4.3% above its estimated GF Value™ of 円2,504.38. GuruFocus considers United Arrows to be Fairly Valued.

Key valuation signals for TSE:7606:

  • Cyclically Adjusted PB Ratio: 1.94 (near median its 10-year median of 1.80)
  • GF Value™: 円2,504.38 vs. price of 円2,613.00 (4.3% above fair value)
  • GF Score™: 79/100 with 4 warning signs
  • Industry Position: 55.2% above the Retail - Cyclical median (#523 of 803)

No single metric tells the full story. See the TSE:7606 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


United Arrows Business Description

Address 8-1-19 Akasaka, Minato-ku, Nihonseimei Akasaka Building, Tokyo, JPN, 107-0052
United Arrows Ltd operates retail stores that primarily sell clothing, shoes, and accessories. Almost all the company's stores are located in Japan. United Arrows also has substantial online sales. The company's stores operate under many different brand names and sell both designer and private-label brands, which they procure both in Japan and internationally. United Arrows' biggest brands include United Arrows, Beauty and Youth, Green Label Relaxing, Chrome Hearts, Odette e Odile, Another Edition, and Jewel Changes.
79GF Score

Get the complete analysis for TSE:7606

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

円2,613.00
Price
円2,504.38
GF Value