Olympic Group (TSE:8289) Cyclically Adjusted PB Ratio: 0.81 (As of Aug. 13, 2026) — 53% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:8289 Olympic Group Corp TSE:8289
23 GF Score
Price 円952.00
GF Value 円537.99
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Olympic Group Cyclically Adjusted PB Ratio?

Olympic Group TSE:8289 23 Cyclically Adjusted PB Ratio is 0.81 as of Aug. 13, 2026, which is 53% above its 10-year median of 0.53. GuruFocus rates TSE:8289 with a GF Score™ of 23/100 and a GF Value™ of 円537.99 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 798 Retail - Cyclical companies, Olympic Group ranks better than 63.53% on this metric.

As of today (2026-08-13), Olympic Group's current share price is 円952.00. Olympic Group's Cyclically Adjusted Book per Share for the fiscal year that ended in Feb26 was 円1,180.16. Olympic Group's Cyclically Adjusted PB Ratio for today is 0.81.

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

TSE:8289' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.32   Med: 0.53   Max: 1.07
Current: 0.81

During the past 13 years, Olympic Group's highest Cyclically Adjusted PB Ratio was 1.07. The lowest was 0.32. And the median was 0.53.

TSE:8289's Cyclically Adjusted PB Ratio is ranked better than
63.53% of 798 companies
in the Retail - Cyclical industry
Industry Median: 1.24 vs TSE:8289: 0.81

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.

Olympic Group's adjusted book value per share data of for the fiscal year that ended in Feb26 was 円916.808. 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1,180.16 for the trailing ten years ended in Feb26.

Shiller PE for Stocks: The True Measure of Stock Valuation


Olympic Group  (TSE:8289) 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.


Olympic Group Cyclically Adjusted PB Ratio Related Terms


Olympic Group Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Olympic Group'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.

Olympic Group Cyclically Adjusted PB Ratio Chart

Olympic Group 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 0.61 0.45 0.45 0.37 0.39

Olympic Group Semi-Annual Data
Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
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 0.45 0.43 0.37 0.34 0.39

TSE:8289 vs CASY, WSM, DKS: Cyclically Adjusted PB Ratio Comparison

For the Specialty Retail subindustry, Olympic Group'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.


Olympic Group Cyclically Adjusted PB Ratio vs Retail - Cyclical Industry

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

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


TSE:8289
23GF Score
Olympic Group Corp TSE:8289
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Olympic Group 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.

Olympic Group's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=952.00/1180.16
=0.81

* 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.

Olympic Group's Cyclically Adjusted Book per Share for the fiscal year that ended in Feb26 is calculated as:

For example, Olympic Group's adjusted Book Value per Share data for the fiscal year that ended in Feb26 was:

Adj_Book=Book Value per Share/CPI of Feb26 (Change)*Current CPI (Feb26)
=916.808/112.2000*112.2000
=916.808

Current CPI (Feb26) = 112.2000.

Olympic Group Annual Data

Book Value per Share CPI Adj_Book
201702 1,075.788 98.100 1,230.412
201802 1,054.675 99.500 1,189.292
201902 1,049.584 99.700 1,181.177
202002 1,032.127 100.300 1,154.583
202102 1,149.667 99.800 1,292.511
202202 1,168.081 100.700 1,301.477
202302 1,157.285 104.000 1,248.532
202402 1,122.372 106.900 1,178.018
202502 1,094.989 110.800 1,108.825
202602 916.808 112.200 916.808

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 0.81 mean?
Olympic Group (TSE:8289) has a Cyclically Adjusted PB Ratio of 0.81 as of Aug. 13, 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 Olympic Group and its competitors. This is 53% above median its historical median of 0.53. Over the past decade, Olympic Group's Cyclically Adjusted PB Ratio has ranged from 0.32 to 1.07. According to the industry distribution chart, Olympic Group ranks #291 out of 798 companies in the Retail - Cyclical industry, placing it in the top 36.5%.
Is Olympic Group's Cyclically Adjusted PB Ratio too high?
Olympic Group's current Cyclically Adjusted PB Ratio of 0.81 is 53% above median its 10-year median of 0.53. Over the past 10 years, this metric has ranged from a low of 0.32 to a high of 1.07. The Retail - Cyclical industry median Cyclically Adjusted PB Ratio is 1.24. Olympic Group's value of 0.81 is 34.7% below this industry median. Based on the distribution chart, Olympic Group ranks #291 out of 798 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, Olympic Group has a GF Score™ of 23/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Olympic Group's Cyclically Adjusted PB Ratio compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Olympic Group ranks #291 out of 798 companies for Cyclically Adjusted PB Ratio. This puts Olympic Group in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.24. Olympic Group's value of 0.81 is 34.7% below this benchmark. Historically, Olympic Group's own Cyclically Adjusted PB Ratio has ranged from 0.32 to 1.07 over the past decade. While the company's 10-year median is 0.53 vs. the industry median of 1.24, Olympic Group 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 798 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. Olympic Group's current Cyclically Adjusted PB Ratio of 0.81 is 34.7% 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 Olympic Group 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. Olympic Group's current Cyclically Adjusted PB Ratio is 0.81, which is 53% above median its own 10-year median of 0.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Olympic Group stock overvalued right now?
Based on GuruFocus' analysis, Olympic Group (TSE:8289) is currently considered Significantly Overvalued. The stock's GF Value™ is 円537.99, compared to a current price of 円952.00 — trading 77% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.81, which is 53% above median its 10-year median of 0.53 and 34.7% below the Retail - Cyclical industry median of 1.24. Olympic Group's overall GF Score™ is 23/100 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 Olympic Group (TSE:8289), the current Cyclically Adjusted PB Ratio is 0.81 as of Aug. 13, 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 Olympic Group (TSE:8289) Overvalued in 2026?

Based on GuruFocus' analysis, Olympic Group stock appears to be overvalued. The current stock price of 円952.00 is trading 77% above its estimated GF Value™ of 円537.99. GuruFocus considers Olympic Group to be Significantly Overvalued.

Key valuation signals for TSE:8289:

  • Cyclically Adjusted PB Ratio: 0.81 (53% above median its 10-year median of 0.53)
  • GF Value™: 円537.99 vs. price of 円952.00 (77% above fair value)
  • GF Score™: 23/100 with 5 warning signs
  • Industry Position: 34.7% below the Retail - Cyclical median (#291 of 798)

No single metric tells the full story. See the TSE:8289 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Olympic Group Business Description

Address Tokyo Honmachi 4-12-1, Kokubunji, JPN, 185-0012
Olympic Group Corp is a Japan-based company, engages in the retail business. The company offers food, daily necessities, sports and leisure goods, pet supplies, shoes, clothing, DIY and gardening supplies; pet trimming and related products; footwear and related products; golf equipment; and car supplies. It also develops retail businesses such as specialty stores, discount stores, supermarkets, store development, and facility management businesses, as well as the production and wholesale of prepared foods.
23GF Score

Get the complete analysis for TSE:8289

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

円952.00
Price
円537.99
GF Value