Goldcrest Co (TSE:8871) Cyclically Adjusted PB Ratio: 0.83 (As of Aug. 11, 2026) — 32% Above Median

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TSE:8871 Goldcrest Co Ltd TSE:8871
71 GF Score
Price 円3,250.00
GF Value 円3,323.05
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Goldcrest Co Cyclically Adjusted PB Ratio?

Goldcrest Co TSE:8871 +0.93% 71 Cyclically Adjusted PB Ratio is 0.83 as of Aug. 11, 2026, which is 32% above its 10-year median of 0.63. GuruFocus rates TSE:8871 with a GF Score™ of 71/100 and a GF Value™ of 円3,323.05 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,412 Real Estate companies, Goldcrest Co ranks worse than 56.3% on this metric.

As of today (2026-08-11), Goldcrest Co's current share price is 円3250.00. Goldcrest Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円3,935.23. Goldcrest Co's Cyclically Adjusted PB Ratio for today is 0.83.

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

TSE:8871' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.42   Med: 0.63   Max: 0.95
Current: 0.82

During the past years, Goldcrest Co's highest Cyclically Adjusted PB Ratio was 0.95. The lowest was 0.42. And the median was 0.63.

TSE:8871's Cyclically Adjusted PB Ratio is ranked worse than
56.3% of 1412 companies
in the Real Estate industry
Industry Median: 0.69 vs TSE:8871: 0.82

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.

Goldcrest Co's adjusted book value per share data for the three months ended in Mar. 2026 was 円4,091.560. 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3,935.23 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Goldcrest Co  (TSE:8871) 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.


Goldcrest Co Cyclically Adjusted PB Ratio Related Terms


Goldcrest Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Goldcrest 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.

Goldcrest Co Cyclically Adjusted PB Ratio Chart

Goldcrest 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 0.52 0.50 0.73 0.82 0.85

Goldcrest 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 0.86 0.87 0.84 0.85 0.00

Goldcrest Co Cyclically Adjusted PB Ratio Competitor Comparison

For the Real Estate - Development subindustry, Goldcrest 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.


Goldcrest Co Cyclically Adjusted PB Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Goldcrest Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TSE:8871
71GF Score
Goldcrest Co Ltd TSE:8871
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Goldcrest 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3250.00/3935.23
=0.83

* 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.

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

For example, Goldcrest 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)
=4091.56/112.7000*112.7000
=4,091.560

Current CPI (Mar. 2026) = 112.7000.

Goldcrest Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 2,961.445 98.100 3,402.190
201609 3,039.537 98.000 3,495.468
201612 3,028.825 98.400 3,468.990
201703 3,089.445 98.100 3,549.240
201706 3,202.286 98.500 3,663.935
201709 3,231.637 98.800 3,686.290
201712 3,214.877 99.400 3,645.037
201803 3,227.128 99.200 3,666.304
201806 3,231.184 99.200 3,670.912
201809 3,250.553 99.900 3,667.040
201812 3,230.815 99.700 3,652.085
201903 3,330.668 99.700 3,764.958
201906 3,437.723 99.800 3,882.078
201909 3,478.901 100.100 3,916.805
201912 3,456.299 100.500 3,875.870
202003 3,475.838 100.300 3,905.553
202006 3,421.871 99.900 3,860.309
202009 3,428.762 99.900 3,868.083
202012 3,507.768 99.300 3,981.122
202103 3,576.662 99.900 4,034.933
202106 3,578.967 99.500 4,053.765
202109 3,597.135 100.100 4,049.921
202112 3,729.609 100.100 4,199.070
202203 3,761.671 101.100 4,193.277
202206 3,874.179 101.800 4,288.998
202209 3,926.161 103.100 4,291.740
202212 3,901.147 104.100 4,223.432
202303 3,916.762 104.400 4,228.152
202306 3,868.814 105.200 4,144.632
202309 3,882.804 106.200 4,120.452
202312 3,864.871 106.800 4,078.380
202403 3,954.085 107.200 4,156.953
202406 3,951.316 108.200 4,115.650
202409 3,985.497 108.900 4,124.569
202412 4,012.487 110.700 4,084.980
202503 4,025.034 111.100 4,083.000
202506 4,045.193 111.700 4,081.408
202509 4,069.806 112.000 4,095.242
202512 4,057.650 113.000 4,046.877
202603 4,091.560 112.700 4,091.560

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 0.83 mean?
Goldcrest Co (TSE:8871) has a Cyclically Adjusted PB Ratio of 0.83 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 Goldcrest Co and its competitors. This is 32% above median its historical median of 0.63. Over the past decade, Goldcrest Co's Cyclically Adjusted PB Ratio has ranged from 0.42 to 0.95. According to the industry distribution chart, Goldcrest Co ranks #795 out of 1412 companies in the Real Estate industry, placing it in the top 56.3%.
Is Goldcrest Co's Cyclically Adjusted PB Ratio too high?
Goldcrest Co's current Cyclically Adjusted PB Ratio of 0.83 is 32% above median its 10-year median of 0.63. Over the past 10 years, this metric has ranged from a low of 0.42 to a high of 0.95. The Real Estate industry median Cyclically Adjusted PB Ratio is 0.69. Goldcrest Co's value of 0.83 is 20.3% above this industry median. Based on the distribution chart, Goldcrest Co ranks #795 out of 1412 companies in the Real Estate industry, which is below the industry midpoint. Overall, Goldcrest Co has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Goldcrest Co's Cyclically Adjusted PB Ratio compare to competitors?
According to the Real Estate industry distribution chart, Goldcrest Co ranks #795 out of 1412 companies for Cyclically Adjusted PB Ratio. This places Goldcrest Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.69. Goldcrest Co's value of 0.83 is 20.3% above this benchmark. Historically, Goldcrest Co's own Cyclically Adjusted PB Ratio has ranged from 0.42 to 0.95 over the past decade. While the company's 10-year median is 0.63 vs. the industry median of 0.69, Goldcrest 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 a Real Estate company?
The median Cyclically Adjusted PB Ratio among Real Estate companies is 0.69, based on 1,412 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. Goldcrest Co's current Cyclically Adjusted PB Ratio of 0.83 is 20.3% 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 Goldcrest Co and its competitors. For the Real Estate industry, the median Cyclically Adjusted PB Ratio is 0.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Goldcrest Co's current Cyclically Adjusted PB Ratio is 0.83, which is 32% above median its own 10-year median of 0.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Goldcrest Co stock overvalued right now?
Based on GuruFocus' analysis, Goldcrest Co (TSE:8871) is currently considered Fairly Valued. The stock's GF Value™ is 円3,323.05, compared to a current price of 円3,250.00 — trading 2.2% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.83, which is 32% above median its 10-year median of 0.63 and 20.3% above the Real Estate industry median of 0.69. Goldcrest Co's overall GF Score™ is 71/100 with 3 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 Goldcrest Co (TSE:8871), the current Cyclically Adjusted PB Ratio is 0.83 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 Goldcrest Co (TSE:8871) Overvalued in 2026?

Based on GuruFocus' analysis, Goldcrest Co stock appears to be undervalued. The current stock price of 円3,250.00 is trading 2.2% below its estimated GF Value™ of 円3,323.05. GuruFocus considers Goldcrest Co to be Fairly Valued.

Key valuation signals for TSE:8871:

  • Cyclically Adjusted PB Ratio: 0.83 (32% above median its 10-year median of 0.63)
  • GF Value™: 円3,323.05 vs. price of 円3,250.00 (2.2% below fair value)
  • GF Score™: 71/100 with 3 warning signs
  • Industry Position: 20.3% above the Real Estate median (#795 of 1412)

No single metric tells the full story. See the TSE:8871 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Goldcrest Co Business Description

Address 2-1-1 Otemachi Chiyoda-ku, 12th floor, Otemachi Nomura Building, Tokyo, JPN, 100-0004
Goldcrest Co Ltd is a property development company. It is engaged in the development and sale of condominiums in and around the Tokyo Metropolitan Area. The Company operates in three business segments such as Real Estate Sales, Real Estate Leasing, and Others. The Real Estate Sales segment deals with the development and marketing of condominiums such as Crest City, Crest Form series and Crest Residence. The Real Estate Leasing segment involves with office building and apartment leasing activities. The others segment offers real estate management services.
71GF Score

Get the complete analysis for TSE:8871

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

円3,250.00
Price
円3,323.05
GF Value