Estelle Holdings Co (TSE:7872) Cyclically Adjusted PB Ratio: 0.45 (As of Aug. 08, 2026) — 13% Below Median

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TSE:7872 Estelle Holdings Co Ltd TSE:7872
62 GF Score
Price 円608.00
GF Value 円692.60
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is Estelle Holdings Co Cyclically Adjusted PB Ratio?

Estelle Holdings Co TSE:7872 62 Cyclically Adjusted PB Ratio is 0.45 as of Aug. 08, 2026, which is 13% below its 10-year median of 0.52. GuruFocus rates TSE:7872 with a GF Score™ of 62/100 and a GF Value™ of 円692.60 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 805 Retail - Cyclical companies, Estelle Holdings Co ranks better than 78.88% on this metric.

As of today (2026-08-08), Estelle Holdings Co's current share price is 円608.00. Estelle Holdings Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円1,355.25. Estelle Holdings Co's Cyclically Adjusted PB Ratio for today is 0.45.

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

TSE:7872' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.42   Med: 0.52   Max: 1
Current: 0.45

During the past years, Estelle Holdings Co's highest Cyclically Adjusted PB Ratio was 1.00. The lowest was 0.42. And the median was 0.52.

TSE:7872's Cyclically Adjusted PB Ratio is ranked better than
78.88% of 805 companies
in the Retail - Cyclical industry
Industry Median: 1.24 vs TSE:7872: 0.45

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.

Estelle Holdings Co's adjusted book value per share data for the three months ended in Mar. 2026 was 円1,112.140. 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1,355.25 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Estelle Holdings Co  (TSE:7872) 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.


Estelle Holdings Co Cyclically Adjusted PB Ratio Related Terms


Estelle Holdings Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Estelle 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.

Estelle Holdings Co Cyclically Adjusted PB Ratio Chart

Estelle Holdings 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 0.51 0.47 0.49 0.43 0.43

Estelle 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 0.43 0.00 0.00 0.00 0.43

TSE:7872 vs TPR: Cyclically Adjusted PB Ratio Comparison

For the Luxury Goods subindustry, Estelle 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.


Estelle Holdings Co Cyclically Adjusted PB Ratio vs Retail - Cyclical Industry

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

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


TSE:7872
62GF Score
Estelle Holdings Co Ltd TSE:7872
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Estelle 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=608.00/1355.25
=0.45

* 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.

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

For example, Estelle Holdings 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)
=1112.14/112.7000*112.7000
=1,112.140

Current CPI (Mar. 2026) = 112.7000.

Estelle Holdings Co Quarterly Data

Book Value per Share CPI Adj_Book
201603 1,168.340 97.900 1,344.963
201606 1,098.960 98.100 1,262.516
201609 1,110.165 98.000 1,276.690
201612 1,139.566 98.400 1,305.174
201703 1,189.405 98.100 1,366.421
201706 1,136.183 98.500 1,299.978
201709 1,165.740 98.800 1,329.746
201712 1,221.041 99.400 1,384.420
201803 1,247.432 99.200 1,417.193
201806 1,190.019 99.200 1,351.967
201809 1,216.221 99.900 1,372.053
201812 1,252.070 99.700 1,415.329
201903 1,286.884 99.700 1,454.682
201906 1,247.765 99.800 1,409.049
201909 1,286.601 100.100 1,448.551
201912 1,303.161 100.500 1,461.356
202003 1,316.146 100.300 1,478.860
202006 1,211.160 99.900 1,366.344
202009 1,236.169 99.900 1,394.557
202012 1,261.385 99.300 1,431.602
202103 1,313.794 99.900 1,482.128
202106 1,274.019 99.500 1,443.035
202109 1,285.190 100.100 1,446.962
202112 1,315.864 100.100 1,481.497
202203 1,299.680 101.100 1,448.803
202206 1,270.255 101.800 1,406.265
202209 1,291.682 103.100 1,411.955
202212 1,307.743 104.100 1,415.779
202303 1,292.341 104.400 1,395.085
202306 1,240.795 105.200 1,329.255
202309 1,274.575 106.200 1,352.586
202312 1,218.839 106.800 1,286.172
202403 1,183.527 107.200 1,244.249
202406 1,124.260 108.200 1,171.018
202409 1,136.476 108.900 1,176.133
202503 1,136.572 111.100 1,152.940
202506 1,041.229 111.700 1,050.551
202509 1,034.262 112.000 1,040.726
202512 1,035.598 113.000 1,032.849
202603 1,112.140 112.700 1,112.140

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 0.45 mean?
Estelle Holdings Co (TSE:7872) has a Cyclically Adjusted PB Ratio of 0.45 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 Estelle Holdings Co and its competitors. This is 13% below median its historical median of 0.52. Over the past decade, Estelle Holdings Co's Cyclically Adjusted PB Ratio has ranged from 0.42 to 1.00. According to the industry distribution chart, Estelle Holdings Co ranks #170 out of 805 companies in the Retail - Cyclical industry, placing it in the top 21.1%.
Is Estelle Holdings Co's Cyclically Adjusted PB Ratio too high?
Estelle Holdings Co's current Cyclically Adjusted PB Ratio of 0.45 is 13% below median its 10-year median of 0.52. Over the past 10 years, this metric has ranged from a low of 0.42 to a high of 1.00. The Retail - Cyclical industry median Cyclically Adjusted PB Ratio is 1.24. Estelle Holdings Co's value of 0.45 is 63.7% below this industry median. Based on the distribution chart, Estelle Holdings Co ranks #170 out of 805 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Estelle Holdings Co has a GF Score™ of 62/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Estelle Holdings Co's Cyclically Adjusted PB Ratio compare to TPR?
According to the Retail - Cyclical industry distribution chart, Estelle Holdings Co ranks #170 out of 805 companies for Cyclically Adjusted PB Ratio. This places Estelle Holdings Co in the top 21% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.24. Estelle Holdings Co's value of 0.45 is 63.7% below this benchmark. Historically, Estelle Holdings Co's own Cyclically Adjusted PB Ratio has ranged from 0.42 to 1.00 over the past decade. While the company's 10-year median is 0.52 vs. the industry median of 1.24, Estelle 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 Retail - Cyclical company?
The median Cyclically Adjusted PB Ratio among Retail - Cyclical companies is 1.24, based on 805 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. Estelle Holdings Co's current Cyclically Adjusted PB Ratio of 0.45 is 63.7% 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 Estelle Holdings Co and its competitors. For the Retail - Cyclical industry, the median Cyclically Adjusted PB Ratio is 1.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Estelle Holdings Co's current Cyclically Adjusted PB Ratio is 0.45, which is 13% below median its own 10-year median of 0.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Estelle Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Estelle Holdings Co (TSE:7872) is currently considered Modestly Undervalued. The stock's GF Value™ is 円692.60, compared to a current price of 円608.00 — trading 12.2% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.45, which is 13% below median its 10-year median of 0.52 and 63.7% below the Retail - Cyclical industry median of 1.24. Estelle Holdings Co's overall GF Score™ is 62/100 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 Estelle Holdings Co (TSE:7872), the current Cyclically Adjusted PB Ratio is 0.45 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 Estelle Holdings Co (TSE:7872) Overvalued in 2026?

Based on GuruFocus' analysis, Estelle Holdings Co stock appears to be undervalued. The current stock price of 円608.00 is trading 12.2% below its estimated GF Value™ of 円692.60. GuruFocus considers Estelle Holdings Co to be Modestly Undervalued.

Key valuation signals for TSE:7872:

  • Cyclically Adjusted PB Ratio: 0.45 (13% below median its 10-year median of 0.52)
  • GF Value™: 円692.60 vs. price of 円608.00 (12.2% below fair value)
  • GF Score™: 62/100 with 5 warning signs
  • Industry Position: 63.7% below the Retail - Cyclical median (#170 of 805)

No single metric tells the full story. See the TSE:7872 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Estelle Holdings Co Business Description

Address 1-19-7 Ginza, 6th Floor, JRE Ginza 1-chome East Building, Chuo-ku, Tokyo, JPN, 104-0061
Estelle Holdings Co Ltd manufactures, processes and sells precious metals and gems. The company offers rings, bracelets, piercing jewelry, earrings, and accessories and eyeglasses, among others. It operates chain of stores. It also engaged in the cosmetics business, accessory, clothing, and eye wear business.
62GF Score

Get the complete analysis for TSE:7872

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

円608.00
Price
円692.60
GF Value