Taiheiyo Kouhatsu (TSE:8835) Cyclically Adjusted PB Ratio: 0.38 (As of Aug. 11, 2026) — Near Median

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TSE:8835 Taiheiyo Kouhatsu Inc TSE:8835
72 GF Score
Price 円800.00
GF Value 円757.55
Valuation Fairly Valued
! 7 Warning Signs
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What is Taiheiyo Kouhatsu Cyclically Adjusted PB Ratio?

Taiheiyo Kouhatsu TSE:8835 +0.63% 72 Cyclically Adjusted PB Ratio is 0.38 as of Aug. 11, 2026, which is at its 10-year median of 0.38. GuruFocus rates TSE:8835 with a GF Score™ of 72/100 and a GF Value™ of 円757.55 (Fairly Valued). The stock has 7 warning signs investors should review. Among 461 Conglomerates companies, Taiheiyo Kouhatsu ranks better than 80.91% on this metric.

As of today (2026-08-11), Taiheiyo Kouhatsu's current share price is 円800.00. Taiheiyo Kouhatsu's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円2,089.57. Taiheiyo Kouhatsu's Cyclically Adjusted PB Ratio for today is 0.38.

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

TSE:8835' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.3   Med: 0.38   Max: 0.56
Current: 0.38

During the past years, Taiheiyo Kouhatsu's highest Cyclically Adjusted PB Ratio was 0.56. The lowest was 0.30. And the median was 0.38.

TSE:8835's Cyclically Adjusted PB Ratio is ranked better than
80.91% of 461 companies
in the Conglomerates industry
Industry Median: 1.02 vs TSE:8835: 0.38

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.

Taiheiyo Kouhatsu's adjusted book value per share data for the three months ended in Mar. 2026 was 円2,066.075. 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2,089.57 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Taiheiyo Kouhatsu  (TSE:8835) 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.


Taiheiyo Kouhatsu Cyclically Adjusted PB Ratio Related Terms


Taiheiyo Kouhatsu Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Taiheiyo Kouhatsu'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.

Taiheiyo Kouhatsu Cyclically Adjusted PB Ratio Chart

Taiheiyo Kouhatsu 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 0.34 0.42 0.41 0.34 0.55

Taiheiyo Kouhatsu Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.34 0.34 0.38 0.40 0.55

TSE:8835 vs MMM, HON: Cyclically Adjusted PB Ratio Comparison

For the Conglomerates subindustry, Taiheiyo Kouhatsu'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.


Taiheiyo Kouhatsu Cyclically Adjusted PB Ratio vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Taiheiyo Kouhatsu's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TSE:8835
72GF Score
Taiheiyo Kouhatsu Inc TSE:8835
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Taiheiyo Kouhatsu 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.

Taiheiyo Kouhatsu's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=800.00/2089.57
=0.38

* 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.

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

For example, Taiheiyo Kouhatsu'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)
=2066.075/112.7000*112.7000
=2,066.075

Current CPI (Mar. 2026) = 112.7000.

Taiheiyo Kouhatsu Quarterly Data

Book Value per Share CPI Adj_Book
201603 1,744.473 97.900 2,008.193
201606 1,718.123 98.100 1,973.827
201609 1,757.841 98.000 2,021.517
201612 1,787.918 98.400 2,047.748
201703 1,822.108 98.100 2,093.288
201706 1,790.976 98.500 2,049.167
201709 1,828.535 98.800 2,085.788
201712 1,881.491 99.400 2,133.240
201803 1,870.180 99.200 2,124.690
201806 1,881.733 99.200 2,137.816
201809 1,926.735 99.900 2,173.604
201812 1,925.321 99.700 2,176.366
201903 1,904.101 99.700 2,152.379
201906 1,861.550 99.800 2,102.171
201909 1,860.650 100.100 2,094.858
201912 1,864.764 100.500 2,091.133
202003 1,857.694 100.300 2,087.359
202006 1,809.101 99.900 2,040.898
202009 1,827.998 99.900 2,062.216
202012 1,875.434 99.300 2,128.514
202103 1,874.405 99.900 2,114.569
202106 1,822.728 99.500 2,064.537
202109 1,844.582 100.100 2,076.767
202112 1,851.652 100.100 2,084.727
202203 1,887.003 101.100 2,103.514
202206 1,898.445 101.800 2,101.717
202209 1,957.192 103.100 2,139.433
202212 2,024.936 104.100 2,192.222
202303 1,968.762 104.400 2,125.282
202306 1,940.609 105.200 2,078.960
202309 1,987.016 106.200 2,108.632
202312 2,003.342 106.800 2,114.014
202403 2,028.410 107.200 2,132.480
202406 2,005.785 108.200 2,089.205
202409 2,013.498 108.900 2,083.758
202503 2,013.112 111.100 2,042.104
202506 1,990.359 111.700 2,008.178
202509 2,029.952 112.000 2,042.639
202512 2,034.580 113.000 2,029.178
202603 2,066.075 112.700 2,066.075

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 0.38 mean?
Taiheiyo Kouhatsu (TSE:8835) has a Cyclically Adjusted PB Ratio of 0.38 as of Aug. 11, 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 Taiheiyo Kouhatsu and its competitors. This is near median its historical median of 0.38. Over the past decade, Taiheiyo Kouhatsu's Cyclically Adjusted PB Ratio has ranged from 0.30 to 0.56. According to the industry distribution chart, Taiheiyo Kouhatsu ranks #88 out of 461 companies in the Conglomerates industry, placing it in the top 19.1%.
Is Taiheiyo Kouhatsu's Cyclically Adjusted PB Ratio too high?
Taiheiyo Kouhatsu's current Cyclically Adjusted PB Ratio of 0.38 is near median its 10-year median of 0.38. Over the past 10 years, this metric has ranged from a low of 0.30 to a high of 0.56. The Conglomerates industry median Cyclically Adjusted PB Ratio is 1.02. Taiheiyo Kouhatsu's value of 0.38 is 62.7% below this industry median. Based on the distribution chart, Taiheiyo Kouhatsu ranks #88 out of 461 companies in the Conglomerates industry, which is in the top quartile — a strong position relative to peers. Overall, Taiheiyo Kouhatsu has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Taiheiyo Kouhatsu's Cyclically Adjusted PB Ratio compare to MMM and HON?
According to the Conglomerates industry distribution chart, Taiheiyo Kouhatsu ranks #88 out of 461 companies for Cyclically Adjusted PB Ratio. This places Taiheiyo Kouhatsu in the top 19% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.02. Taiheiyo Kouhatsu's value of 0.38 is 62.7% below this benchmark. Historically, Taiheiyo Kouhatsu's own Cyclically Adjusted PB Ratio has ranged from 0.30 to 0.56 over the past decade. While the company's 10-year median is 0.38 vs. the industry median of 1.02, Taiheiyo Kouhatsu 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 Conglomerates company?
The median Cyclically Adjusted PB Ratio among Conglomerates companies is 1.02, based on 461 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. Taiheiyo Kouhatsu's current Cyclically Adjusted PB Ratio of 0.38 is 62.7% 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 Taiheiyo Kouhatsu and its competitors. For the Conglomerates industry, the median Cyclically Adjusted PB Ratio is 1.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Taiheiyo Kouhatsu's current Cyclically Adjusted PB Ratio is 0.38, which is near median its own 10-year median of 0.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiheiyo Kouhatsu stock overvalued right now?
Based on GuruFocus' analysis, Taiheiyo Kouhatsu (TSE:8835) is currently considered Fairly Valued. The stock's GF Value™ is 円757.55, compared to a current price of 円800.00 — trading 5.6% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.38, which is near median its 10-year median of 0.38 and 62.7% below the Conglomerates industry median of 1.02. Taiheiyo Kouhatsu's overall GF Score™ is 72/100 with 7 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 Taiheiyo Kouhatsu (TSE:8835), the current Cyclically Adjusted PB Ratio is 0.38 as of Aug. 11, 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 Taiheiyo Kouhatsu (TSE:8835) Overvalued in 2026?

Based on GuruFocus' analysis, Taiheiyo Kouhatsu stock appears to be overvalued. The current stock price of 円800.00 is trading 5.6% above its estimated GF Value™ of 円757.55. GuruFocus considers Taiheiyo Kouhatsu to be Fairly Valued.

Key valuation signals for TSE:8835:

  • Cyclically Adjusted PB Ratio: 0.38 (near median its 10-year median of 0.38)
  • GF Value™: 円757.55 vs. price of 円800.00 (5.6% above fair value)
  • GF Score™: 72/100 with 7 warning signs
  • Industry Position: 62.7% below the Conglomerates median (#88 of 461)

No single metric tells the full story. See the TSE:8835 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Taiheiyo Kouhatsu Business Description

Address Matai Building, 2-6-7, Motoasakusa, Taito-ku, Tokyo, JPN, 111-0041
Taiheiyo Kouhatsu Inc operates in the real estate and energy businesses in Japan. Taiheiyo Kouhatsu as a real estate developer takes comprehensive care of planning, site selection, design and surveillance, and sales of condominiums, residential land and detached houses. The energy business is involved in the sell of fuel oil and lubricating oil mainly for general industry and ships. It also sells gasoline, light oil and kerosene to franchised stores handling oil. In addition, it is engaged in the provision of nursing home services for seniors.
72GF Score

Get the complete analysis for TSE:8835

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

円800.00
Price
円757.55
GF Value