Jafco Group Co (TSE:8595) Cyclically Adjusted PB Ratio: 0.94 (As of Aug. 07, 2026) — 13% Below Median

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TSE:8595 Jafco Group Co Ltd TSE:8595
82 GF Score
Price 円2,246.00
GF Value 円2,183.23
Valuation Fairly Valued
! 4 Warning Signs
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What is Jafco Group Co Cyclically Adjusted PB Ratio?

Jafco Group Co TSE:8595 +0.09% 82 Cyclically Adjusted PB Ratio is 0.94 as of Aug. 07, 2026, which is 13% below its 10-year median of 1.08. GuruFocus rates TSE:8595 with a GF Score™ of 82/100 and a GF Value™ of 円2,183.23 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,012 Asset Management companies, Jafco Group Co ranks worse than 55.14% on this metric.

As of today (2026-08-07), Jafco Group Co's current share price is 円2246.00. Jafco Group Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円2,396.43. Jafco Group Co's Cyclically Adjusted PB Ratio for today is 0.94.

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

TSE:8595' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.67   Med: 1.08   Max: 2.13
Current: 0.93

During the past years, Jafco Group Co's highest Cyclically Adjusted PB Ratio was 2.13. The lowest was 0.67. And the median was 1.08.

TSE:8595's Cyclically Adjusted PB Ratio is ranked worse than
55.14% of 1012 companies
in the Asset Management industry
Industry Median: 0.855 vs TSE:8595: 0.93

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.

Jafco Group Co's adjusted book value per share data for the three months ended in Mar. 2026 was 円2,548.689. 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2,396.43 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Jafco Group Co  (TSE:8595) 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.


Jafco Group Co Cyclically Adjusted PB Ratio Related Terms


Jafco Group Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Jafco Group 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.

Jafco Group Co Cyclically Adjusted PB Ratio Chart

Jafco Group 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 1.11 0.99 0.90 0.91 0.94

Jafco Group 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 1.07 1.11 1.01 0.94 0.00

TSE:8595 vs BLK, BX, KKR: Cyclically Adjusted PB Ratio Comparison

For the Asset Management subindustry, Jafco Group 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.


Jafco Group Co Cyclically Adjusted PB Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Jafco Group Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TSE:8595
82GF Score
Jafco Group Co Ltd TSE:8595
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Jafco Group 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2246.00/2396.43
=0.94

* 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.

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

For example, Jafco Group Co'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)
=2548.689/112.7000*112.7000
=2,548.689

Current CPI (Mar. 2026) = 112.7000.

Jafco Group Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 1,384.396 98.100 1,590.433
201609 1,380.865 98.000 1,587.995
201612 1,502.603 98.400 1,720.969
201703 1,561.579 98.100 1,793.985
201706 1,598.745 98.500 1,829.224
201709 1,670.367 98.800 1,905.368
201712 1,756.805 99.400 1,991.870
201803 1,727.479 99.200 1,962.569
201806 1,740.864 99.200 1,977.776
201809 1,820.051 99.900 2,053.251
201812 1,655.987 99.700 1,871.913
201903 1,758.904 99.700 1,988.250
201906 1,740.487 99.800 1,965.460
201909 1,909.444 100.100 2,149.794
201912 2,078.152 100.500 2,330.425
202003 2,029.948 100.300 2,280.909
202006 2,181.070 99.900 2,460.526
202009 2,268.727 99.900 2,559.415
202012 2,457.578 99.300 2,789.215
202103 2,438.670 99.900 2,751.132
202106 2,562.396 99.500 2,902.332
202109 2,653.930 100.100 2,987.991
202112 2,882.744 100.100 3,245.607
202203 2,769.142 101.100 3,086.867
202206 2,660.748 101.800 2,945.641
202209 2,655.515 103.100 2,902.779
202212 2,448.275 104.100 2,650.534
202303 2,404.108 104.400 2,595.239
202306 2,344.035 105.200 2,511.148
202309 2,390.850 106.200 2,537.183
202312 2,401.310 106.800 2,533.967
202403 2,526.210 107.200 2,655.820
202406 2,521.107 108.200 2,625.959
202409 2,486.274 108.900 2,573.031
202412 2,608.195 110.700 2,655.317
202503 2,520.525 111.100 2,556.824
202506 2,549.524 111.700 2,572.349
202509 2,593.660 112.000 2,609.870
202512 2,606.347 113.000 2,599.427
202603 2,548.689 112.700 2,548.689

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 0.94 mean?
Jafco Group Co (TSE:8595) has a Cyclically Adjusted PB Ratio of 0.94 as of Aug. 07, 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 Jafco Group Co and its competitors. This is 13% below median its historical median of 1.08. Over the past decade, Jafco Group Co's Cyclically Adjusted PB Ratio has ranged from 0.67 to 2.13. According to the industry distribution chart, Jafco Group Co ranks #558 out of 1012 companies in the Asset Management industry, placing it in the top 55.1%.
Is Jafco Group Co's Cyclically Adjusted PB Ratio too high?
Jafco Group Co's current Cyclically Adjusted PB Ratio of 0.94 is 13% below median its 10-year median of 1.08. Over the past 10 years, this metric has ranged from a low of 0.67 to a high of 2.13. The Asset Management industry median Cyclically Adjusted PB Ratio is 0.86. Jafco Group Co's value of 0.94 is 9.9% above this industry median. Based on the distribution chart, Jafco Group Co ranks #558 out of 1012 companies in the Asset Management industry, which is below the industry midpoint. Overall, Jafco Group Co has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Jafco Group Co's Cyclically Adjusted PB Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, Jafco Group Co ranks #558 out of 1012 companies for Cyclically Adjusted PB Ratio. This places Jafco Group Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.86. Jafco Group Co's value of 0.94 is 9.9% above this benchmark. Historically, Jafco Group Co's own Cyclically Adjusted PB Ratio has ranged from 0.67 to 2.13 over the past decade. While the company's 10-year median is 1.08 vs. the industry median of 0.86, Jafco Group Co 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 an Asset Management company?
The median Cyclically Adjusted PB Ratio among Asset Management companies is 0.86, based on 1,012 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. Jafco Group Co's current Cyclically Adjusted PB Ratio of 0.94 is 9.9% 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 Jafco Group Co and its competitors. For the Asset Management industry, the median Cyclically Adjusted PB Ratio is 0.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jafco Group Co's current Cyclically Adjusted PB Ratio is 0.94, which is 13% below median its own 10-year median of 1.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jafco Group Co stock overvalued right now?
Based on GuruFocus' analysis, Jafco Group Co (TSE:8595) is currently considered Fairly Valued. The stock's GF Value™ is 円2,183.23, compared to a current price of 円2,246.00 — trading 2.9% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.94, which is 13% below median its 10-year median of 1.08 and 9.9% above the Asset Management industry median of 0.86. Jafco Group Co's overall GF Score™ is 82/100 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 Jafco Group Co (TSE:8595), the current Cyclically Adjusted PB Ratio is 0.94 as of Aug. 07, 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 Jafco Group Co (TSE:8595) Overvalued in 2026?

Based on GuruFocus' analysis, Jafco Group Co stock appears to be overvalued. The current stock price of 円2,246.00 is trading 2.9% above its estimated GF Value™ of 円2,183.23. GuruFocus considers Jafco Group Co to be Fairly Valued.

Key valuation signals for TSE:8595:

  • Cyclically Adjusted PB Ratio: 0.94 (13% below median its 10-year median of 1.08)
  • GF Value™: 円2,183.23 vs. price of 円2,246.00 (2.9% above fair value)
  • GF Score™: 82/100 with 4 warning signs
  • Industry Position: 9.9% above the Asset Management median (#558 of 1012)

No single metric tells the full story. See the TSE:8595 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Jafco Group Co Business Description

Other Exchanges JAF:Germany
Address 1-23-1 Toranomon, Minato-ku, Toranomon Hills Mori Tower, 24th Floor, Tokyo, JPN, 105-6324
Jafco Group Co Ltd is a Japan-based investment and a financial-services provider that operates under a single segment: management of funds. The company operates through its subsidiaries in the United States, Singapore, Hong Kong, and Korea. Its business involves investing in unlisted private equity companies to accomplish its objective of obtaining income and capital appreciation for its investors. The company also provides consulting services related to business management, stock listing support services, and comprehensive investment support services for business growth purposes.
82GF Score

Get the complete analysis for TSE:8595

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

円2,246.00
Price
円2,183.23
GF Value