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GFA Co (TSE:8783) Cyclically Adjusted PB Ratio : 0.39 (As of Jun. 03, 2025)


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What is GFA Co Cyclically Adjusted PB Ratio?

As of today (2025-06-03), GFA Co's current share price is 円350.00. GFA Co's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was 円896.66. GFA Co's Cyclically Adjusted PB Ratio for today is 0.39.

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

TSE:8783' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.26   Med: 1.14   Max: 3.6
Current: 0.39

During the past years, GFA Co's highest Cyclically Adjusted PB Ratio was 3.60. The lowest was 0.26. And the median was 1.14.

TSE:8783's Cyclically Adjusted PB Ratio is ranked better than
82.84% of 944 companies
in the Asset Management industry
Industry Median: 0.8 vs TSE:8783: 0.39

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.

GFA Co's adjusted book value per share data for the three months ended in Sep. 2024 was 円62.205. 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896.66 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


GFA Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for GFA 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.

* Premium members only.

GFA Co Cyclically Adjusted PB Ratio Chart

GFA Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.67 1.31 1.12 1.11 0.65

GFA Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24
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 0.82 0.66 0.45 0.65 0.28

Competitive Comparison of GFA Co's Cyclically Adjusted PB Ratio

For the Asset Management subindustry, GFA 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.


GFA Co's Cyclically Adjusted PB Ratio Distribution in the Asset Management Industry

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

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


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GFA 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=350.00/896.66
=0.39

* 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.

GFA Co's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 is calculated as:

For example, GFA Co's adjusted Book Value per Share data for the three months ended in Sep. 2024 was:

Adj_Book=Book Value per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=62.205/108.9000*108.9000
=62.205

Current CPI (Sep. 2024) = 108.9000.

GFA Co Quarterly Data

Book Value per Share CPI Adj_Book
201409 979.590 98.500 1,083.019
201412 953.218 97.900 1,060.321
201503 941.064 97.900 1,046.802
201506 994.305 98.400 1,100.405
201509 976.239 98.500 1,079.314
201512 963.000 98.100 1,069.018
201603 952.584 97.900 1,059.616
201606 931.265 98.100 1,033.790
201609 905.218 98.000 1,005.900
201612 897.895 98.400 993.707
201703 888.617 98.100 986.446
201706 970.853 98.500 1,073.359
201709 1,119.870 98.800 1,234.351
201712 1,510.005 99.400 1,654.321
201803 1,645.189 99.200 1,806.059
201806 1,828.769 99.200 2,007.590
201809 1,760.857 99.900 1,919.493
201812 1,744.274 99.700 1,905.230
201903 1,603.517 99.700 1,751.484
201906 1,520.073 99.800 1,658.677
201909 1,542.928 100.100 1,678.570
201912 1,491.407 100.500 1,616.062
202003 1,246.870 100.300 1,353.780
202006 1,031.848 99.900 1,124.807
202009 795.200 99.900 866.840
202012 307.969 99.300 337.742
202103 45.070 99.900 49.130
202106 159.206 99.500 174.247
202109 259.438 100.100 282.246
202112 358.810 100.100 390.354
202203 171.962 101.100 185.229
202206 152.540 101.800 163.179
202209 318.213 103.100 336.114
202212 250.205 104.100 261.742
202303 249.828 104.400 260.596
202306 108.266 105.200 112.074
202309 41.624 106.200 42.682
202312 17.550 106.800 17.895
202403 21.484 107.200 21.825
202409 62.205 108.900 62.205

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.


GFA Co  (TSE:8783) 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.


GFA Co Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of GFA Co's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


GFA Co Business Description

Traded in Other Exchanges
N/A
Address
Wing Aoyama BIZ + 2-15, Minami Aoyama Minato-ku, Tokyo, JPN, 107-0062
GFA Co Ltd is a Japanese company that operates as an asset management company. The business of the company includes financial advisory services, real estate investment and loan business, and other investment and financing business.

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