Marubeni (TSE:8002) Cyclically Adjusted PB Ratio: 3.39 (As of Aug. 01, 2026) — 178% Above Median

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TSE:8002 Marubeni Corp TSE:8002
65 GF Score
Price 円5,201.00
GF Value 円2,962.94
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Marubeni Cyclically Adjusted PB Ratio?

Marubeni TSE:8002 +0.10% 65 Cyclically Adjusted PB Ratio is 3.39 as of Aug. 01, 2026, which is 178% above its 10-year median of 1.22. GuruFocus rates TSE:8002 with a GF Score™ of 65/100 and a GF Value™ of 円2,962.94 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 472 Conglomerates companies, Marubeni ranks worse than 84.11% on this metric.

As of today (2026-08-01), Marubeni's current share price is 円5201.00. Marubeni's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円1,532.23. Marubeni's Cyclically Adjusted PB Ratio for today is 3.39.

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

TSE:8002' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.56   Med: 1.22   Max: 4.05
Current: 3.39

During the past years, Marubeni's highest Cyclically Adjusted PB Ratio was 4.05. The lowest was 0.56. And the median was 1.22.

TSE:8002's Cyclically Adjusted PB Ratio is ranked worse than
84.11% of 472 companies
in the Conglomerates industry
Industry Median: 1.015 vs TSE:8002: 3.39

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.

Marubeni's adjusted book value per share data for the three months ended in Mar. 2026 was 円2,663.408. 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1,532.23 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Marubeni  (TSE:8002) 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.


Marubeni Cyclically Adjusted PB Ratio Related Terms


Marubeni Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Marubeni'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.

Marubeni Cyclically Adjusted PB Ratio Chart

Marubeni 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 1.50 1.66 2.16 1.74 3.67

Marubeni 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 1.74 2.08 2.57 2.92 3.67

TSE:8002 vs MMM, HON: Cyclically Adjusted PB Ratio Comparison

For the Conglomerates subindustry, Marubeni'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.


Marubeni Cyclically Adjusted PB Ratio vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Marubeni's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TSE:8002
65GF Score
Marubeni Corp TSE:8002
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Marubeni 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.

Marubeni's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=5201.00/1532.23
=3.39

* 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.

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

For example, Marubeni'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)
=2663.408/112.7000*112.7000
=2,663.408

Current CPI (Mar. 2026) = 112.7000.

Marubeni Quarterly Data

Book Value per Share CPI Adj_Book
201606 689.778 98.100 792.436
201609 830.151 98.000 954.674
201612 955.854 98.400 1,094.764
201703 970.248 98.100 1,114.648
201706 990.514 98.500 1,133.309
201709 1,037.224 98.800 1,183.149
201712 1,077.740 99.400 1,221.945
201803 1,020.792 99.200 1,159.710
201806 1,093.469 99.200 1,242.278
201809 1,163.470 99.900 1,312.543
201812 1,128.715 99.700 1,275.889
201903 1,139.678 99.700 1,288.282
201906 1,101.036 99.800 1,243.354
201909 1,116.482 100.100 1,257.018
201912 1,150.953 100.500 1,290.671
202003 873.107 100.300 981.048
202006 894.123 99.900 1,008.685
202009 910.582 99.900 1,027.253
202012 936.667 99.300 1,063.065
202103 1,045.125 99.900 1,179.035
202106 1,101.966 99.500 1,248.156
202109 1,075.447 100.100 1,210.818
202112 1,149.491 100.100 1,294.182
202203 1,301.992 101.100 1,451.380
202206 1,534.837 101.800 1,699.176
202209 1,692.818 103.100 1,850.442
202212 1,606.197 104.100 1,738.890
202303 1,696.757 104.400 1,831.652
202306 1,896.505 105.200 2,031.712
202309 1,930.443 106.200 2,048.596
202312 1,890.197 106.800 1,994.618
202403 2,066.244 107.200 2,172.255
202406 0.000 108.200 0.000
202409 2,043.690 108.900 2,115.003
202412 2,238.232 110.700 2,278.670
202503 2,188.000 111.100 2,219.510
202506 2,182.497 111.700 2,202.036
202509 2,354.529 112.000 2,369.245
202512 2,519.971 113.000 2,513.281
202603 2,663.408 112.700 2,663.408

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 3.39 mean?
Marubeni (TSE:8002) has a Cyclically Adjusted PB Ratio of 3.39 as of Aug. 01, 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 Marubeni and its competitors. This is 178% above median its historical median of 1.22. Over the past decade, Marubeni's Cyclically Adjusted PB Ratio has ranged from 0.56 to 4.05. According to the industry distribution chart, Marubeni ranks #397 out of 472 companies in the Conglomerates industry, placing it in the top 84.1%.
Is Marubeni's Cyclically Adjusted PB Ratio too high?
Marubeni's current Cyclically Adjusted PB Ratio of 3.39 is 178% above median its 10-year median of 1.22. Over the past 10 years, this metric has ranged from a low of 0.56 to a high of 4.05. The Conglomerates industry median Cyclically Adjusted PB Ratio is 1.02. Marubeni's value of 3.39 is 234% above this industry median. Based on the distribution chart, Marubeni ranks #397 out of 472 companies in the Conglomerates industry, which is in the bottom quartile relative to peers. Overall, Marubeni has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Marubeni's Cyclically Adjusted PB Ratio compare to MMM and HON?
According to the Conglomerates industry distribution chart, Marubeni ranks #397 out of 472 companies for Cyclically Adjusted PB Ratio. This places Marubeni in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.02. Marubeni's value of 3.39 is 234% above this benchmark. Historically, Marubeni's own Cyclically Adjusted PB Ratio has ranged from 0.56 to 4.05 over the past decade. While the company's 10-year median is 1.22 vs. the industry median of 1.02, Marubeni 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 Conglomerates company?
The median Cyclically Adjusted PB Ratio among Conglomerates companies is 1.02, based on 472 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. Marubeni's current Cyclically Adjusted PB Ratio of 3.39 is 234% 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 Marubeni and its competitors. For the Conglomerates industry, the median Cyclically Adjusted PB Ratio is 1.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Marubeni's current Cyclically Adjusted PB Ratio is 3.39, which is 178% above median its own 10-year median of 1.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Marubeni stock overvalued right now?
Based on GuruFocus' analysis, Marubeni (TSE:8002) is currently considered Significantly Overvalued. The stock's GF Value™ is 円2,962.94, compared to a current price of 円5,201.00 — trading 75.5% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 3.39, which is 178% above median its 10-year median of 1.22 and 234% above the Conglomerates industry median of 1.02. Marubeni's overall GF Score™ is 65/100 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 Marubeni (TSE:8002), the current Cyclically Adjusted PB Ratio is 3.39 as of Aug. 01, 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 Marubeni (TSE:8002) Overvalued in 2026?

Based on GuruFocus' analysis, Marubeni stock appears to be overvalued. The current stock price of 円5,201.00 is trading 75.5% above its estimated GF Value™ of 円2,962.94. GuruFocus considers Marubeni to be Significantly Overvalued.

Key valuation signals for TSE:8002:

  • Cyclically Adjusted PB Ratio: 3.39 (178% above median its 10-year median of 1.22)
  • GF Value™: 円2,962.94 vs. price of 円5,201.00 (75.5% above fair value)
  • GF Score™: 65/100 with 4 warning signs
  • Industry Position: 234% above the Conglomerates median (#397 of 472)

No single metric tells the full story. See the TSE:8002 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Marubeni Business Description

Address 4-2, Ohtemachi 1-chome, Chiyoda-ku, Tokyo, JPN, 100-8088
Marubeni is a general trading house, or sogo shosha, a type of conglomerate unique to Japan, playing the core role of a trading intermediary in various industrial sectors. Marubeni operates in sectors such as metals and minerals, oil and gas and nuclear fuel production, and also nonresources businesses such as power and infrastructure services, food and agribusiness, lifestyle, and IT solutions. In addition to acting as a midstream trading/processing intermediary, Marubeni participates in the upstream production and downstream distribution businesses. Its exposure is weighted to the upstream, on par with its peers, while its investment focus ahead will be on selective upstream investments supporting the energy transition and recycling capital via divestment of legacy, low-return assets.
65GF Score

Get the complete analysis for TSE:8002

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

円5,201.00
Price
円2,962.94
GF Value