Ricoh Leasing Co (TSE:8566) Cyclically Adjusted PB Ratio: (As of Sep. 20, 2026)

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Director of Data and Quant Analytics at GuruFocus
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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:8566 Ricoh Leasing Co Ltd TSE:8566
72 GF Score
Price 円6,890.00
GF Value 円5,941.52
Valuation Modestly Overvalued
! 8 Warning Signs
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What is Ricoh Leasing Co Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Ricoh Leasing Co  (TSE:8566) 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.


Ricoh Leasing Co Cyclically Adjusted PB Ratio Related Terms


Ricoh Leasing Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Ricoh Leasing 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.

Ricoh Leasing Co Cyclically Adjusted PB Ratio Chart

Ricoh Leasing 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 0.63 0.67 0.87 0.83 0.84

Ricoh Leasing Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.78 0.87 0.86 0.85 0.88

TSE:8566 vs V, MA, AXP: Cyclically Adjusted PB Ratio Comparison

For the Credit Services subindustry, Ricoh Leasing 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.


Ricoh Leasing Co Cyclically Adjusted PB Ratio vs Credit Services Industry

For the Credit Services industry and Financial Services sector, Ricoh Leasing Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TSE:8566
72GF Score
Ricoh Leasing Co Ltd TSE:8566
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ricoh Leasing 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.

Ricoh Leasing Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Ricoh Leasing Co's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=7823.187/113.6000*113.6000
=7,823.187

Current CPI (Jun. 2026) = 113.6000.

Ricoh Leasing Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 4,829.313 98.000 5,598.061
201612 4,900.140 98.400 5,657.072
201703 4,997.272 98.100 5,786.851
201706 5,062.141 98.500 5,838.165
201709 5,157.066 98.800 5,929.582
201712 5,232.933 99.400 5,980.495
201803 5,314.211 99.200 6,085.629
201806 5,386.896 99.200 6,168.865
201809 5,473.397 99.900 6,224.003
201812 5,503.029 99.700 6,270.252
201903 5,588.376 99.700 6,367.498
201906 5,684.629 99.800 6,470.680
201909 5,763.095 100.100 6,540.336
201912 5,838.320 100.500 6,599.335
202003 5,893.756 100.300 6,675.281
202006 5,923.602 99.900 6,735.948
202009 6,048.696 99.900 6,878.197
202012 6,135.541 99.300 7,019.108
202103 6,207.074 99.900 7,058.294
202106 6,286.912 99.500 7,177.821
202109 6,424.170 100.100 7,290.567
202112 6,694.613 100.100 7,597.483
202203 6,536.267 101.100 7,344.411
202206 6,578.895 101.800 7,341.478
202209 6,679.319 103.100 7,359.560
202212 6,789.946 104.100 7,409.586
202303 6,868.119 104.400 7,473.356
202306 6,891.769 105.200 7,442.062
202309 7,050.000 106.200 7,541.243
202312 7,063.049 106.800 7,512.756
202403 7,199.970 107.200 7,629.819
202406 7,232.479 108.200 7,593.435
202409 7,385.815 108.900 7,704.578
202412 7,498.363 110.700 7,694.797
202503 7,593.645 111.100 7,764.519
202506 7,635.981 111.700 7,765.868
202509 7,830.599 112.000 7,942.465
202512 7,796.638 113.000 7,838.036
202603 7,840.531 112.700 7,903.144
202606 7,823.187 113.600 7,823.187

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.

Is Ricoh Leasing Co (TSE:8566) Overvalued in 2026?

Based on GuruFocus' analysis, Ricoh Leasing Co stock appears to be overvalued. The current stock price of 円6,890.00 is trading 16% above its estimated GF Value™ of 円5,941.52. GuruFocus considers Ricoh Leasing Co to be Modestly Overvalued.

Key valuation signals for TSE:8566:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: 円5,941.52 vs. price of 円6,890.00 (16% above fair value)
  • GF Score™: 72/100 with 8 warning signs

No single metric tells the full story. See the TSE:8566 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ricoh Leasing Co Business Description

Address 1-7-12 Shinonome, Koto-ku, Tokyo, JPN, 135-8518
Ricoh Leasing Co Ltd has two primary businesses: lease and installments, and financial services. The lease and installments business, which accounts for the vast majority of the company's revenue, provides business leasing, rental, installment, and credit products for business equipment, information-related equipment, medical equipment, and environment-related equipment. In the financial-services business, Ricoh provides loans to individuals, doctors, and corporations. It also serves as an agent to collect accounts receivable and provide billing services, and it has a credit card business and an asset-management service.
72GF Score

Get the complete analysis for TSE:8566

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

円6,890.00
Price
円5,941.52
GF Value