AEON Financial Service Co (TSE:8570) Cyclically Adjusted PB Ratio: (As of Sep. 20, 2026)

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:8570 AEON Financial Service Co Ltd TSE:8570
73 GF Score
Price 円1,626.00
GF Value 円1,735.56
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is AEON Financial Service Co Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


AEON Financial Service Co  (TSE:8570) 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.


AEON Financial Service Co Cyclically Adjusted PB Ratio Related Terms


AEON Financial Service Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for AEON Financial Service 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.

AEON Financial Service Co Cyclically Adjusted PB Ratio Chart

AEON Financial Service Co Annual Data
Trend Mar17 Mar18 Mar19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.62 0.62 0.58 0.50 0.70

AEON Financial Service Co 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 0.54 0.61 0.64 0.70 0.59

TSE:8570 vs V, MA, AXP: Cyclically Adjusted PB Ratio Comparison

For the Credit Services subindustry, AEON Financial Service 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.


AEON Financial Service Co Cyclically Adjusted PB Ratio vs Credit Services Industry

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

* The bar in red indicates where AEON Financial Service Co's Cyclically Adjusted PB Ratio falls into.


TSE:8570
73GF Score
AEON Financial Service Co Ltd TSE:8570
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

AEON Financial Service 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.

AEON Financial Service Co's Cyclically Adjusted Book per Share for the quarter that ended in May. 2026 is calculated as:

For example, AEON Financial Service Co's adjusted Book Value per Share data for the three months ended in May. 2026 was:

Adj_Book=Book Value per Share/CPI of May. 2026 (Change)*Current CPI (May. 2026)
=2861.489/113.5000*113.5000
=2,861.489

Current CPI (May. 2026) = 113.5000.

AEON Financial Service Co Quarterly Data

Book Value per Share CPI Adj_Book
201509 1,656.707 98.500 1,908.997
201512 1,675.088 98.100 1,938.048
201603 1,715.403 97.900 1,988.746
201606 1,715.665 98.100 1,984.995
201609 1,731.204 98.000 2,005.017
201612 1,770.729 98.400 2,042.457
201703 1,859.688 98.100 2,151.627
201706 1,862.053 98.500 2,145.614
201709 1,915.051 98.800 2,199.983
201712 1,974.364 99.400 2,254.430
201803 2,028.990 99.200 2,321.475
201806 1,911.116 99.200 2,186.610
201809 1,964.333 99.900 2,231.750
201812 1,974.052 99.700 2,247.291
201903 2,079.474 99.700 2,367.305
202005 2,042.005 100.100 2,315.360
202008 2,085.780 100.100 2,364.995
202011 2,133.020 99.500 2,433.143
202102 2,199.257 99.800 2,501.159
202105 2,273.275 99.400 2,595.742
202108 2,310.460 99.700 2,630.263
202111 2,315.932 100.100 2,625.957
202202 2,358.512 100.700 2,658.303
202205 2,415.132 101.800 2,692.706
202208 2,492.299 102.700 2,754.391
202211 2,481.631 103.900 2,710.925
202302 2,506.897 104.000 2,735.892
202305 2,544.738 105.100 2,748.123
202308 2,601.208 105.900 2,787.886
202311 2,598.059 106.900 2,758.463
202402 2,660.468 106.900 2,824.725
202405 2,688.829 108.100 2,823.146
202408 2,703.387 109.100 2,812.415
202411 2,698.418 110.000 2,784.277
202502 2,713.380 110.800 2,779.500
202505 2,648.144 111.800 2,688.411
202508 2,700.969 112.100 2,734.701
202511 2,815.846 113.200 2,823.308
202602 2,896.039 112.200 2,929.594
202605 2,861.489 113.500 2,861.489

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 AEON Financial Service Co (TSE:8570) Overvalued in 2026?

Based on GuruFocus' analysis, AEON Financial Service Co stock appears to be undervalued. The current stock price of 円1,626.00 is trading 6.3% below its estimated GF Value™ of 円1,735.56. GuruFocus considers AEON Financial Service Co to be Fairly Valued.

Key valuation signals for TSE:8570:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: 円1,735.56 vs. price of 円1,626.00 (6.3% below fair value)
  • GF Score™: 73/100 with 6 warning signs

No single metric tells the full story. See the TSE:8570 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


AEON Financial Service Co Business Description

Address 1-1 Kanda Nishikicho, Chiyoda-ku, Tokyo, JPN
AEON Financial Service Co Ltd is a comprehensive financial group consisting of a bank holding company and its subsidiaries, which grew out of Aeon Group's retail operations. It currently operates a network of hundreds of sales bases throughout Asia, particularly in Japan, China, Thailand, and Malaysia. The bank provides various financial services, payment services, housing loans, deposits, installment sales, and overseas services to customers through points of sale closely linked to community lifestyles. These include shopping centers and retail malls, convenience stores, and specialty stores, among others. Net fee and commission income is the company's main source of net revenue.
73GF Score

Get the complete analysis for TSE:8570

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

円1,626.00
Price
円1,735.56
GF Value