Life (TSE:8194) Cyclically Adjusted PB Ratio: 2.19 (As of Aug. 18, 2026) — Near Median

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TSE:8194 Life Corp TSE:8194
85 GF Score
Price 円2,613.00
GF Value 円2,278.94
Valuation Modestly Overvalued
! 4 Warning Signs
View Full Analysis

What is Life Cyclically Adjusted PB Ratio?

Life TSE:8194 +1.08% 85 Cyclically Adjusted PB Ratio is 2.19 as of Aug. 18, 2026, which is 4% above its 10-year median of 2.10. GuruFocus rates TSE:8194 with a GF Score™ of 85/100 and a GF Value™ of 円2,278.94 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 231 Retail - Defensive companies, Life ranks worse than 60.17% on this metric.

As of today (2026-08-18), Life's current share price is 円2613.00. Life's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2026 was 円1,191.96. Life's Cyclically Adjusted PB Ratio for today is 2.19.

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

TSE:8194' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.37   Med: 2.1   Max: 4.1
Current: 2.18

During the past years, Life's highest Cyclically Adjusted PB Ratio was 4.10. The lowest was 1.37. And the median was 2.10.

TSE:8194's Cyclically Adjusted PB Ratio is ranked worse than
60.17% of 231 companies
in the Retail - Defensive industry
Industry Median: 1.64 vs TSE:8194: 2.18

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.

Life's adjusted book value per share data for the three months ended in Feb. 2026 was 円1,797.707. 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1,191.96 for the trailing ten years ended in Feb. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Life  (TSE:8194) 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.


Life Cyclically Adjusted PB Ratio Related Terms


Life Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Life'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.

Life Cyclically Adjusted PB Ratio Chart

Life Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.04 1.65 2.04 1.70 2.28

Life Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 1.83 2.16 2.16 2.28 0.00

TSE:8194 vs KR: Cyclically Adjusted PB Ratio Comparison

For the Grocery Stores subindustry, Life'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.


Life Cyclically Adjusted PB Ratio vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Life's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TSE:8194
85GF Score
Life Corp TSE:8194
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Life 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2613.00/1191.96
=2.19

* 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.

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

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

Adj_Book=Book Value per Share/CPI of Feb. 2026 (Change)*Current CPI (Feb. 2026)
=1797.707/112.2000*112.2000
=1,797.707

Current CPI (Feb. 2026) = 112.2000.

Life Quarterly Data

Book Value per Share CPI Adj_Book
201605 615.964 98.200 703.780
201608 629.623 97.900 721.590
201611 641.167 98.600 729.604
201702 675.766 98.100 772.894
201705 688.944 98.600 783.971
201708 695.459 98.500 792.188
201711 702.155 99.100 794.973
201802 738.980 99.500 833.302
201805 749.904 99.300 847.324
201808 763.484 99.800 858.346
201811 772.296 100.000 866.516
201902 803.740 99.700 904.510
201905 818.995 100.000 918.912
201908 835.627 100.000 937.573
201911 845.292 100.500 943.699
202002 867.971 100.300 970.951
202005 922.347 100.100 1,033.839
202008 980.947 100.100 1,099.523
202011 997.514 99.500 1,124.835
202102 1,040.796 99.800 1,170.113
202105 1,193.713 99.400 1,347.431
202108 1,248.242 99.700 1,404.742
202111 1,265.947 100.100 1,418.974
202202 1,176.711 100.700 1,311.092
202205 1,197.327 101.800 1,319.647
202208 1,224.320 102.700 1,337.573
202211 1,241.612 103.900 1,340.798
202302 1,299.874 104.000 1,402.364
202305 1,326.427 105.100 1,416.033
202308 1,371.395 105.900 1,452.979
202311 1,404.238 106.900 1,473.859
202402 1,458.019 106.900 1,530.306
202405 1,486.427 108.100 1,542.804
202408 1,528.553 109.100 1,571.986
202411 1,570.198 110.000 1,601.602
202502 1,600.030 110.800 1,620.247
202505 1,633.741 111.800 1,639.586
202508 1,672.265 112.100 1,673.757
202511 1,681.454 113.200 1,666.600
202602 1,797.707 112.200 1,797.707

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 2.19 mean?
Life (TSE:8194) has a Cyclically Adjusted PB Ratio of 2.19 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 Life and its competitors. This is near median its historical median of 2.10. Over the past decade, Life's Cyclically Adjusted PB Ratio has ranged from 1.37 to 4.10. According to the industry distribution chart, Life ranks #139 out of 231 companies in the Retail - Defensive industry, placing it in the top 60.2%.
Is Life's Cyclically Adjusted PB Ratio too high?
Life's current Cyclically Adjusted PB Ratio of 2.19 is near median its 10-year median of 2.10. Over the past 10 years, this metric has ranged from a low of 1.37 to a high of 4.10. The Retail - Defensive industry median Cyclically Adjusted PB Ratio is 1.64. Life's value of 2.19 is 33.5% above this industry median. Based on the distribution chart, Life ranks #139 out of 231 companies in the Retail - Defensive industry, which is below the industry midpoint. Overall, Life has a GF Score™ of 85/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Life's Cyclically Adjusted PB Ratio compare to KR?
According to the Retail - Defensive industry distribution chart, Life ranks #139 out of 231 companies for Cyclically Adjusted PB Ratio. This places Life in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.64. Life's value of 2.19 is 33.5% above this benchmark. Historically, Life's own Cyclically Adjusted PB Ratio has ranged from 1.37 to 4.10 over the past decade. While the company's 10-year median is 2.10 vs. the industry median of 1.64, Life 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 Retail - Defensive company?
The median Cyclically Adjusted PB Ratio among Retail - Defensive companies is 1.64, based on 231 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. Life's current Cyclically Adjusted PB Ratio of 2.19 is 33.5% 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 Life and its competitors. For the Retail - Defensive industry, the median Cyclically Adjusted PB Ratio is 1.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Life's current Cyclically Adjusted PB Ratio is 2.19, which is near median its own 10-year median of 2.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Life stock overvalued right now?
Based on GuruFocus' analysis, Life (TSE:8194) is currently considered Modestly Overvalued. The stock's GF Value™ is 円2,278.94, compared to a current price of 円2,613.00 — trading 14.7% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.19, which is near median its 10-year median of 2.10 and 33.5% above the Retail - Defensive industry median of 1.64. Life's overall GF Score™ is 85/100 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 Life (TSE:8194), the current Cyclically Adjusted PB Ratio is 2.19 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 Life (TSE:8194) Overvalued in 2026?

Based on GuruFocus' analysis, Life stock appears to be overvalued. The current stock price of 円2,613.00 is trading 14.7% above its estimated GF Value™ of 円2,278.94. GuruFocus considers Life to be Modestly Overvalued.

Key valuation signals for TSE:8194:

  • Cyclically Adjusted PB Ratio: 2.19 (near median its 10-year median of 2.10)
  • GF Value™: 円2,278.94 vs. price of 円2,613.00 (14.7% above fair value)
  • GF Score™: 85/100 with 4 warning signs
  • Industry Position: 33.5% above the Retail - Defensive median (#139 of 231)

No single metric tells the full story. See the TSE:8194 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Life Business Description

Address 2-2-22 Nishimiyahara, Yodogawa-ku, Osaka, JPN, 110-0016
Life Corp is a Japanese supermarket chain operator. The company is domiciled in Japan and generates the majority of revenue domestically. Life Corporation operates stores in Osaka, Tokyo, Hyogo, Kyoto, Nara, Saitama, Chiba, and Kanagawa, and derives the majority of revenue from stores located in Osaka and Tokyo. The company's supermarkets focus on the retail of seafood products, bakery products, food products, fresh fruit and vegetables, meat products, clothing, toilet paper, and craft products. The supermarkets carry a private-label brand of packaged foods.
85GF Score

Get the complete analysis for TSE:8194

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

円2,613.00
Price
円2,278.94
GF Value