Citizen Watch Co (TSE:7762) Cyclically Adjusted PB Ratio: 2.98 (As of Aug. 14, 2026) — 198% Above Median

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TSE:7762 Citizen Watch Co Ltd TSE:7762
73 GF Score
Price 円2,751.00
GF Value 円1,166.81
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Citizen Watch Co Cyclically Adjusted PB Ratio?

Citizen Watch Co TSE:7762 +3.00% 73 Cyclically Adjusted PB Ratio is 2.98 as of Aug. 14, 2026, which is 198% above its 10-year median of 1.00. GuruFocus rates TSE:7762 with a GF Score™ of 73/100 and a GF Value™ of 円1,166.81 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 827 Manufacturing - Apparel & Accessories companies, Citizen Watch Co ranks worse than 79.81% on this metric.

As of today (2026-08-14), Citizen Watch Co's current share price is 円2751.00. Citizen Watch Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円923.93. Citizen Watch Co's Cyclically Adjusted PB Ratio for today is 2.98.

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

TSE:7762' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.37   Med: 1   Max: 2.72
Current: 2.59

During the past years, Citizen Watch Co's highest Cyclically Adjusted PB Ratio was 2.72. The lowest was 0.37. And the median was 1.00.

TSE:7762's Cyclically Adjusted PB Ratio is ranked worse than
79.81% of 827 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.98 vs TSE:7762: 2.59

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.

Citizen Watch Co's adjusted book value per share data for the three months ended in Mar. 2026 was 円1,201.595. 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923.93 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Citizen Watch Co  (TSE:7762) 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.


Citizen Watch Co Cyclically Adjusted PB Ratio Related Terms


Citizen Watch Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Citizen Watch 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.

Citizen Watch Co Cyclically Adjusted PB Ratio Chart

Citizen Watch 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 0.71 1.00 1.20 1.01 1.80

Citizen Watch 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 1.01 0.96 1.11 1.39 1.80

TSE:7762 vs NKE, DECK, ONON: Cyclically Adjusted PB Ratio Comparison

For the Footwear & Accessories subindustry, Citizen Watch 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.


Citizen Watch Co Cyclically Adjusted PB Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Citizen Watch Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TSE:7762
73GF Score
Citizen Watch Co Ltd TSE:7762
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Citizen Watch 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.

Citizen Watch Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2751.00/923.93
=2.98

* 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.

Citizen Watch Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Citizen Watch 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)
=1201.595/112.7000*112.7000
=1,201.595

Current CPI (Mar. 2026) = 112.7000.

Citizen Watch Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 675.560 98.100 776.102
201609 685.127 98.000 787.896
201612 774.108 98.400 886.605
201703 752.203 98.100 864.152
201706 762.502 98.500 872.426
201709 788.758 98.800 899.727
201712 811.445 99.400 920.019
201803 797.744 99.200 906.308
201806 798.878 99.200 907.596
201809 830.746 99.900 937.188
201812 811.258 99.700 917.039
201903 808.865 99.700 914.334
201906 793.164 99.800 895.687
201909 799.194 100.100 899.792
201912 811.291 100.500 909.776
202003 709.201 100.300 796.879
202006 685.701 99.900 773.559
202009 641.644 99.900 723.857
202012 639.765 99.300 726.098
202103 652.462 99.900 736.061
202106 662.043 99.500 749.872
202109 680.710 100.100 766.394
202112 710.268 100.100 799.672
202203 768.916 101.100 857.140
202206 829.358 101.800 918.160
202209 925.568 103.100 1,011.751
202212 903.404 104.100 978.037
202303 866.670 104.400 935.572
202306 928.784 105.200 995.000
202309 969.519 106.200 1,028.859
202312 962.829 106.800 1,016.019
202403 1,015.733 107.200 1,067.846
202406 1,058.613 108.200 1,102.640
202409 1,008.550 108.900 1,043.743
202412 1,069.033 110.700 1,088.347
202503 1,049.408 111.100 1,064.521
202506 1,043.544 111.700 1,052.886
202509 1,079.805 112.000 1,086.554
202512 1,144.360 113.000 1,141.322
202603 1,201.595 112.700 1,201.595

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 2.98 mean?
Citizen Watch Co (TSE:7762) has a Cyclically Adjusted PB Ratio of 2.98 as of Aug. 14, 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 Citizen Watch Co and its competitors. This is 198% above median its historical median of 1.00. Over the past decade, Citizen Watch Co's Cyclically Adjusted PB Ratio has ranged from 0.37 to 2.72. According to the industry distribution chart, Citizen Watch Co ranks #660 out of 827 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 79.8%.
Is Citizen Watch Co's Cyclically Adjusted PB Ratio too high?
Citizen Watch Co's current Cyclically Adjusted PB Ratio of 2.98 is 198% above median its 10-year median of 1.00. Over the past 10 years, this metric has ranged from a low of 0.37 to a high of 2.72. The Manufacturing - Apparel & Accessories industry median Cyclically Adjusted PB Ratio is 0.98. Citizen Watch Co's value of 2.98 is 204.1% above this industry median. Based on the distribution chart, Citizen Watch Co ranks #660 out of 827 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Citizen Watch Co has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Citizen Watch Co's Cyclically Adjusted PB Ratio compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Citizen Watch Co ranks #660 out of 827 companies for Cyclically Adjusted PB Ratio. This places Citizen Watch Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.98. Citizen Watch Co's value of 2.98 is 204.1% above this benchmark. Historically, Citizen Watch Co's own Cyclically Adjusted PB Ratio has ranged from 0.37 to 2.72 over the past decade. While the company's 10-year median is 1.00 vs. the industry median of 0.98, Citizen Watch 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 Manufacturing - Apparel & Accessories company?
The median Cyclically Adjusted PB Ratio among Manufacturing - Apparel & Accessories companies is 0.98, based on 827 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. Citizen Watch Co's current Cyclically Adjusted PB Ratio of 2.98 is 204.1% 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 Citizen Watch Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Cyclically Adjusted PB Ratio is 0.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Citizen Watch Co's current Cyclically Adjusted PB Ratio is 2.98, which is 198% above median its own 10-year median of 1.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Citizen Watch Co stock overvalued right now?
Based on GuruFocus' analysis, Citizen Watch Co (TSE:7762) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,166.81, compared to a current price of 円2,751.00 — trading 135.8% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.98, which is 198% above median its 10-year median of 1.00 and 204.1% above the Manufacturing - Apparel & Accessories industry median of 0.98. Citizen Watch Co's overall GF Score™ is 73/100 with 5 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 Citizen Watch Co (TSE:7762), the current Cyclically Adjusted PB Ratio is 2.98 as of Aug. 14, 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 Citizen Watch Co (TSE:7762) Overvalued in 2026?

Based on GuruFocus' analysis, Citizen Watch Co stock appears to be overvalued. The current stock price of 円2,751.00 is trading 135.8% above its estimated GF Value™ of 円1,166.81. GuruFocus considers Citizen Watch Co to be Significantly Overvalued.

Key valuation signals for TSE:7762:

  • Cyclically Adjusted PB Ratio: 2.98 (198% above median its 10-year median of 1.00)
  • GF Value™: 円1,166.81 vs. price of 円2,751.00 (135.8% above fair value)
  • GF Score™: 73/100 with 5 warning signs
  • Industry Position: 204.1% above the Manufacturing - Apparel & Accessories median (#660 of 827)

No single metric tells the full story. See the TSE:7762 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Citizen Watch Co Business Description

Other Exchanges CHCLY:USACTZ:Germany
Address 6-1-12, Tanashi-cho, Nishi Tokyo-shi, Tokyo, JPN, 188-8511
Citizen Watch Co Ltd is a company whose main business is to manufacture and sell watches, machine tools, electronic devices, and electronic products. The Company has four reportable segments which includes Watches Business, Machine Tools Business, Device Business, and Electronic Equipment and Other Business. It generates majority of the revenue from Watches Business segment.
73GF Score

Get the complete analysis for TSE:7762

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

円2,751.00
Price
円1,166.81
GF Value