People Co (TSE:7865) Cyclically Adjusted PB Ratio: 0.65 (As of Aug. 08, 2026) — 71% Below Median

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TSE:7865 People Co Ltd TSE:7865
56 GF Score
Price 円337.00
GF Value 円294.77
Valuation Modestly Overvalued
! 3 Warning Signs
View Full Analysis

What is People Co Cyclically Adjusted PB Ratio?

People Co TSE:7865 -0.30% 56 Cyclically Adjusted PB Ratio is 0.65 as of Aug. 08, 2026, which is 71% below its 10-year median of 2.25. GuruFocus rates TSE:7865 with a GF Score™ of 56/100 and a GF Value™ of 円294.77 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 643 Travel & Leisure companies, People Co ranks better than 69.98% on this metric.

As of today (2026-08-08), People Co's current share price is 円337.00. People Co's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2026 was 円517.14. People Co's Cyclically Adjusted PB Ratio for today is 0.65.

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

TSE:7865' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.65   Med: 2.25   Max: 3.98
Current: 0.65

During the past years, People Co's highest Cyclically Adjusted PB Ratio was 3.98. The lowest was 0.65. And the median was 2.25.

TSE:7865's Cyclically Adjusted PB Ratio is ranked better than
69.98% of 643 companies
in the Travel & Leisure industry
Industry Median: 1.2 vs TSE:7865: 0.65

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.

People Co's adjusted book value per share data for the three months ended in Jan. 2026 was 円439.045. 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517.14 for the trailing ten years ended in Jan. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


People Co  (TSE:7865) 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.


People Co Cyclically Adjusted PB Ratio Related Terms


People Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for People 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.

People Co Cyclically Adjusted PB Ratio Chart

People Co Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.18 2.35 1.98 1.01 0.81

People Co Quarterly Data
Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 0.99 1.09 0.92 0.81 0.00

TSE:7865 vs AS, HAS, LTH: Cyclically Adjusted PB Ratio Comparison

For the Leisure subindustry, People 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.


People Co Cyclically Adjusted PB Ratio vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, People Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TSE:7865
56GF Score
People Co Ltd TSE:7865
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

People 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=337.00/517.14
=0.65

* 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.

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

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

Adj_Book=Book Value per Share/CPI of Jan. 2026 (Change)*Current CPI (Jan. 2026)
=439.045/112.9000*112.9000
=439.045

Current CPI (Jan. 2026) = 112.9000.

People Co Quarterly Data

Book Value per Share CPI Adj_Book
201601 481.519 97.700 556.433
201604 411.685 98.100 473.794
201607 421.882 97.900 486.522
201610 451.741 98.600 517.257
201701 485.438 98.200 558.105
201704 419.327 98.500 480.630
201707 432.844 98.300 497.132
201710 453.071 98.800 517.730
201801 471.982 99.500 535.545
201804 422.997 99.100 481.901
201807 423.209 99.200 481.656
201810 444.004 100.200 500.280
201901 475.041 99.700 537.935
201904 418.621 100.000 472.623
201907 426.364 99.800 482.330
201910 453.534 100.400 510.000
202001 467.807 100.500 525.526
202004 428.382 100.200 482.678
202007 447.117 100.000 504.795
202010 483.519 99.800 546.987
202101 513.086 99.800 580.435
202104 454.838 99.100 518.176
202107 450.170 99.700 509.771
202110 490.004 99.900 553.768
202201 528.428 100.300 594.811
202204 471.322 101.500 524.259
202207 518.413 102.300 572.129
202210 549.064 103.700 597.776
202301 532.364 104.700 574.058
202304 476.808 105.100 512.194
202307 492.584 105.700 526.137
202310 542.375 107.100 571.747
202401 547.538 106.900 578.270
202404 485.016 107.700 508.434
202407 466.664 108.600 485.141
202501 486.523 111.200 493.961
202504 478.665 111.500 484.675
202507 457.641 111.900 461.731
202510 448.837 112.800 449.235
202601 439.045 112.900 439.045

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 0.65 mean?
People Co (TSE:7865) has a Cyclically Adjusted PB Ratio of 0.65 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 People Co and its competitors. This is 71% below median its historical median of 2.25. Over the past decade, People Co's Cyclically Adjusted PB Ratio has ranged from 0.65 to 3.98. According to the industry distribution chart, People Co ranks #193 out of 643 companies in the Travel & Leisure industry, placing it in the top 30%.
Is People Co's Cyclically Adjusted PB Ratio too high?
People Co's current Cyclically Adjusted PB Ratio of 0.65 is 71% below median its 10-year median of 2.25. Over the past 10 years, this metric has ranged from a low of 0.65 to a high of 3.98. The Travel & Leisure industry median Cyclically Adjusted PB Ratio is 1.20. People Co's value of 0.65 is 45.8% below this industry median. Based on the distribution chart, People Co ranks #193 out of 643 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, People Co has a GF Score™ of 56/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does People Co's Cyclically Adjusted PB Ratio compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, People Co ranks #193 out of 643 companies for Cyclically Adjusted PB Ratio. This puts People Co in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.20. People Co's value of 0.65 is 45.8% below this benchmark. Historically, People Co's own Cyclically Adjusted PB Ratio has ranged from 0.65 to 3.98 over the past decade. While the company's 10-year median is 2.25 vs. the industry median of 1.20, People 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 Travel & Leisure company?
The median Cyclically Adjusted PB Ratio among Travel & Leisure companies is 1.20, based on 643 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. People Co's current Cyclically Adjusted PB Ratio of 0.65 is 45.8% 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 People Co and its competitors. For the Travel & Leisure industry, the median Cyclically Adjusted PB Ratio is 1.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. People Co's current Cyclically Adjusted PB Ratio is 0.65, which is 71% below median its own 10-year median of 2.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is People Co stock overvalued right now?
Based on GuruFocus' analysis, People Co (TSE:7865) is currently considered Modestly Overvalued. The stock's GF Value™ is 円294.77, compared to a current price of 円337.00 — trading 14.3% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.65, which is 71% below median its 10-year median of 2.25 and 45.8% below the Travel & Leisure industry median of 1.20. People Co's overall GF Score™ is 56/100 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 People Co (TSE:7865), the current Cyclically Adjusted PB Ratio is 0.65 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 People Co (TSE:7865) Overvalued in 2026?

Based on GuruFocus' analysis, People Co stock appears to be overvalued. The current stock price of 円337.00 is trading 14.3% above its estimated GF Value™ of 円294.77. GuruFocus considers People Co to be Modestly Overvalued.

Key valuation signals for TSE:7865:

  • Cyclically Adjusted PB Ratio: 0.65 (71% below median its 10-year median of 2.25)
  • GF Value™: 円294.77 vs. price of 円337.00 (14.3% above fair value)
  • GF Score™: 56/100 with 3 warning signs
  • Industry Position: 45.8% below the Travel & Leisure median (#193 of 643)

No single metric tells the full story. See the TSE:7865 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


People Co Business Description

Address 2-15-5 Higashinihonbashi, Chuo-ku, Tokyo, JPN, 103-0004
People Co Ltd is a Japan based company engaged in the planning, development and contract manufacturing of toys, playthings, bicycles, furniture and related production.
56GF Score

Get the complete analysis for TSE:7865

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

円337.00
Price
円294.77
GF Value