VIA Holdings (TSE:7918) Cyclically Adjusted PB Ratio: 1.16 (As of Aug. 18, 2026) — Near Median

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TSE:7918 VIA Holdings Inc TSE:7918
55 GF Score
Price 円106.00
GF Value 円111.64
Valuation Fairly Valued
! 4 Warning Signs
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What is VIA Holdings Cyclically Adjusted PB Ratio?

VIA Holdings TSE:7918 55 Cyclically Adjusted PB Ratio is 1.16 as of Aug. 18, 2026, which is 2% below its 10-year median of 1.18. GuruFocus rates TSE:7918 with a GF Score™ of 55/100 and a GF Value™ of 円111.64 (Fairly Valued). The stock has 4 warning signs investors should review. Among 253 Restaurants companies, VIA Holdings ranks better than 65.22% on this metric.

As of today (2026-08-18), VIA Holdings's current share price is 円106.00. VIA Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円91.75. VIA Holdings's Cyclically Adjusted PB Ratio for today is 1.16.

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

TSE:7918' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.59   Med: 1.18   Max: 3.84
Current: 1.16

During the past years, VIA Holdings's highest Cyclically Adjusted PB Ratio was 3.84. The lowest was 0.59. And the median was 1.18.

TSE:7918's Cyclically Adjusted PB Ratio is ranked better than
65.22% of 253 companies
in the Restaurants industry
Industry Median: 1.85 vs TSE:7918: 1.16

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.

VIA Holdings's adjusted book value per share data for the three months ended in Mar. 2026 was 円27.177. 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91.75 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


VIA Holdings  (TSE:7918) 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.


VIA Holdings Cyclically Adjusted PB Ratio Related Terms


VIA Holdings Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for VIA Holdings'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.

VIA Holdings Cyclically Adjusted PB Ratio Chart

VIA Holdings 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 1.05 0.68 1.11 1.07 1.20

VIA Holdings 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 1.07 1.07 1.09 1.09 1.20

TSE:7918 vs MCD, SBUX, YUM: Cyclically Adjusted PB Ratio Comparison

For the Restaurants subindustry, VIA Holdings'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.


VIA Holdings Cyclically Adjusted PB Ratio vs Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, VIA Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TSE:7918
55GF Score
VIA Holdings Inc TSE:7918
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

VIA Holdings 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=106.00/91.75
=1.16

* 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.

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

For example, VIA Holdings'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)
=27.177/112.7000*112.7000
=27.177

Current CPI (Mar. 2026) = 112.7000.

VIA Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201603 236.284 97.900 272.004
201606 239.491 98.100 275.134
201609 211.856 98.000 243.634
201612 214.325 98.400 245.472
201703 211.342 98.100 242.796
201706 202.053 98.500 231.181
201709 203.336 98.800 231.943
201712 170.983 99.400 193.861
201803 170.761 99.200 194.000
201806 167.904 99.200 190.754
201809 168.839 99.900 190.472
201812 142.830 99.700 161.454
201903 92.316 99.700 104.353
201906 92.917 99.800 104.927
201909 90.473 100.100 101.861
201912 87.779 100.500 98.435
202003 36.120 100.300 40.585
202006 0.752 99.900 0.848
202009 -22.117 99.900 -24.951
202012 -83.738 99.300 -95.038
202103 -140.315 99.900 -158.293
202106 65.733 99.500 74.453
202109 86.633 100.100 97.538
202112 87.351 100.100 98.346
202203 72.670 101.100 81.008
202206 60.313 101.800 66.771
202209 51.010 103.100 55.760
202212 41.042 104.100 44.433
202303 25.535 104.400 27.565
202306 19.059 105.200 20.418
202309 19.275 106.200 20.455
202312 22.418 106.800 23.656
202403 29.528 107.200 31.043
202406 24.777 108.200 25.807
202409 25.600 108.900 26.493
202503 25.358 111.100 25.723
202506 23.627 111.700 23.839
202509 20.471 112.000 20.599
202512 33.599 113.000 33.510
202603 27.177 112.700 27.177

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 1.16 mean?
VIA Holdings (TSE:7918) has a Cyclically Adjusted PB Ratio of 1.16 as of Aug. 18, 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 VIA Holdings and its competitors. This is near median its historical median of 1.18. Over the past decade, VIA Holdings' Cyclically Adjusted PB Ratio has ranged from 0.59 to 3.84. According to the industry distribution chart, VIA Holdings ranks #88 out of 253 companies in the Restaurants industry, placing it in the top 34.8%.
Is VIA Holdings' Cyclically Adjusted PB Ratio too high?
VIA Holdings' current Cyclically Adjusted PB Ratio of 1.16 is near median its 10-year median of 1.18. Over the past 10 years, this metric has ranged from a low of 0.59 to a high of 3.84. The Restaurants industry median Cyclically Adjusted PB Ratio is 1.85. VIA Holdings' value of 1.16 is 37.3% below this industry median. Based on the distribution chart, VIA Holdings ranks #88 out of 253 companies in the Restaurants industry, which is above the industry midpoint. Overall, VIA Holdings has a GF Score™ of 55/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does VIA Holdings' Cyclically Adjusted PB Ratio compare to MCD and SBUX?
According to the Restaurants industry distribution chart, VIA Holdings ranks #88 out of 253 companies for Cyclically Adjusted PB Ratio. This puts VIA Holdings in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.85. VIA Holdings' value of 1.16 is 37.3% below this benchmark. Historically, VIA Holdings' own Cyclically Adjusted PB Ratio has ranged from 0.59 to 3.84 over the past decade. While the company's 10-year median is 1.18 vs. the industry median of 1.85, VIA Holdings 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 Restaurants company?
The median Cyclically Adjusted PB Ratio among Restaurants companies is 1.85, based on 253 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. VIA Holdings's current Cyclically Adjusted PB Ratio of 1.16 is 37.3% 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 VIA Holdings and its competitors. For the Restaurants industry, the median Cyclically Adjusted PB Ratio is 1.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. VIA Holdings's current Cyclically Adjusted PB Ratio is 1.16, which is near median its own 10-year median of 1.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VIA Holdings stock overvalued right now?
Based on GuruFocus' analysis, VIA Holdings (TSE:7918) is currently considered Fairly Valued. The stock's GF Value™ is 円111.64, compared to a current price of 円106.00 — trading 5.1% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.16, which is near median its 10-year median of 1.18 and 37.3% below the Restaurants industry median of 1.85. VIA Holdings' overall GF Score™ is 55/100 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 VIA Holdings (TSE:7918), the current Cyclically Adjusted PB Ratio is 1.16 as of Aug. 18, 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 VIA Holdings (TSE:7918) Overvalued in 2026?

Based on GuruFocus' analysis, VIA Holdings stock appears to be undervalued. The current stock price of 円106.00 is trading 5.1% below its estimated GF Value™ of 円111.64. GuruFocus considers VIA Holdings to be Fairly Valued.

Key valuation signals for TSE:7918:

  • Cyclically Adjusted PB Ratio: 1.16 (near median its 10-year median of 1.18)
  • GF Value™: 円111.64 vs. price of 円106.00 (5.1% below fair value)
  • GF Score™: 55/100 with 4 warning signs
  • Industry Position: 37.3% below the Restaurants median (#88 of 253)

No single metric tells the full story. See the TSE:7918 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


VIA Holdings Business Description

Address 519 Waseda Tsurumakicho, 2nd floor, Waseda Matsuura Building, Shinjuku-ku, Tokyo, JPN, 162-0041
VIA Holdings Inc is engaged in printing and distribution and operates a chain of restaurants.
55GF Score

Get the complete analysis for TSE:7918

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

円106.00
Price
円111.64
GF Value