Chichibu Railway Co (TSE:9012) Cyclically Adjusted PB Ratio: 0.31 (As of Aug. 15, 2026) — Near Median

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TSE:9012 Chichibu Railway Co Ltd TSE:9012
63 GF Score
Price 円2,086.00
GF Value 円2,343.38
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Chichibu Railway Co Cyclically Adjusted PB Ratio?

Chichibu Railway Co TSE:9012 -0.67% 63 Cyclically Adjusted PB Ratio is 0.31 as of Aug. 15, 2026, which is 6% below its 10-year median of 0.33. GuruFocus rates TSE:9012 with a GF Score™ of 63/100 and a GF Value™ of 円2,343.38 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 727 Transportation companies, Chichibu Railway Co ranks better than 92.57% on this metric.

As of today (2026-08-15), Chichibu Railway Co's current share price is 円2086.00. Chichibu Railway Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円6,669.86. Chichibu Railway Co's Cyclically Adjusted PB Ratio for today is 0.31.

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

TSE:9012' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.28   Med: 0.33   Max: 0.42
Current: 0.31

During the past years, Chichibu Railway Co's highest Cyclically Adjusted PB Ratio was 0.42. The lowest was 0.28. And the median was 0.33.

TSE:9012's Cyclically Adjusted PB Ratio is ranked better than
92.57% of 727 companies
in the Transportation industry
Industry Median: 1.29 vs TSE:9012: 0.31

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.

Chichibu Railway Co's adjusted book value per share data for the three months ended in Mar. 2026 was 円3,717.135. 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6,669.86 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Chichibu Railway Co  (TSE:9012) 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.


Chichibu Railway Co Cyclically Adjusted PB Ratio Related Terms


Chichibu Railway Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Chichibu Railway 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.

Chichibu Railway Co Cyclically Adjusted PB Ratio Chart

Chichibu Railway 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 0.33 0.32 0.30 0.29 0.32

Chichibu Railway Co 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 0.29 0.29 0.30 0.30 0.32

TSE:9012 vs UNP, CSX, NSC: Cyclically Adjusted PB Ratio Comparison

For the Railroads subindustry, Chichibu Railway 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.


Chichibu Railway Co Cyclically Adjusted PB Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, Chichibu Railway Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TSE:9012
63GF Score
Chichibu Railway Co Ltd TSE:9012
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Chichibu Railway 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2086.00/6669.86
=0.31

* 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.

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

For example, Chichibu Railway 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)
=3717.135/112.7000*112.7000
=3,717.135

Current CPI (Mar. 2026) = 112.7000.

Chichibu Railway Co Quarterly Data

Book Value per Share CPI Adj_Book
201603 6,888.944 97.900 7,930.378
201606 6,967.792 98.100 8,004.793
201609 7,047.920 98.000 8,105.108
201612 7,201.359 98.400 8,247.898
201703 7,244.506 98.100 8,322.689
201706 7,297.158 98.500 8,349.134
201709 7,373.255 98.800 8,410.585
201712 7,462.274 99.400 8,460.747
201803 7,366.873 99.200 8,369.421
201806 7,344.477 99.200 8,343.977
201809 7,387.681 99.900 8,334.251
201812 7,412.429 99.700 8,378.944
201903 7,406.574 99.700 8,372.326
201906 7,426.013 99.800 8,385.888
201909 7,402.975 100.100 8,334.818
201912 7,441.567 100.500 8,344.921
202003 7,132.989 100.300 8,014.834
202006 6,917.823 99.900 7,804.191
202009 6,904.878 99.900 7,789.587
202012 6,896.116 99.300 7,826.710
202103 6,850.868 99.900 7,728.657
202106 6,829.925 99.500 7,736.006
202109 6,699.530 100.100 7,542.827
202112 6,715.760 100.100 7,561.100
202203 6,744.867 101.100 7,518.759
202206 6,701.812 101.800 7,419.393
202209 6,620.645 103.100 7,237.116
202212 6,540.763 104.100 7,081.114
202303 3,377.633 104.400 3,646.161
202306 3,553.392 105.200 3,806.723
202309 3,393.421 106.200 3,601.116
202312 3,460.800 106.800 3,651.987
202403 3,309.783 107.200 3,479.595
202406 3,368.897 108.200 3,509.008
202409 3,328.537 108.900 3,444.684
202503 3,369.400 111.100 3,417.924
202506 3,418.719 111.700 3,449.325
202509 3,531.580 112.000 3,553.652
202512 3,570.515 113.000 3,561.036
202603 3,717.135 112.700 3,717.135

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 0.31 mean?
Chichibu Railway Co (TSE:9012) has a Cyclically Adjusted PB Ratio of 0.31 as of Aug. 15, 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 Chichibu Railway Co and its competitors. This is near median its historical median of 0.33. Over the past decade, Chichibu Railway Co's Cyclically Adjusted PB Ratio has ranged from 0.28 to 0.42. According to the industry distribution chart, Chichibu Railway Co ranks #54 out of 727 companies in the Transportation industry, placing it in the top 7.4%.
Is Chichibu Railway Co's Cyclically Adjusted PB Ratio too high?
Chichibu Railway Co's current Cyclically Adjusted PB Ratio of 0.31 is near median its 10-year median of 0.33. Over the past 10 years, this metric has ranged from a low of 0.28 to a high of 0.42. The Transportation industry median Cyclically Adjusted PB Ratio is 1.29. Chichibu Railway Co's value of 0.31 is 76% below this industry median. Based on the distribution chart, Chichibu Railway Co ranks #54 out of 727 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Chichibu Railway Co has a GF Score™ of 63/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Chichibu Railway Co's Cyclically Adjusted PB Ratio compare to UNP and CSX?
According to the Transportation industry distribution chart, Chichibu Railway Co ranks #54 out of 727 companies for Cyclically Adjusted PB Ratio. This places Chichibu Railway Co in the top 7% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.29. Chichibu Railway Co's value of 0.31 is 76% below this benchmark. Historically, Chichibu Railway Co's own Cyclically Adjusted PB Ratio has ranged from 0.28 to 0.42 over the past decade. While the company's 10-year median is 0.33 vs. the industry median of 1.29, Chichibu Railway Co 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 Transportation company?
The median Cyclically Adjusted PB Ratio among Transportation companies is 1.29, based on 727 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. Chichibu Railway Co's current Cyclically Adjusted PB Ratio of 0.31 is 76% 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 Chichibu Railway Co and its competitors. For the Transportation industry, the median Cyclically Adjusted PB Ratio is 1.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chichibu Railway Co's current Cyclically Adjusted PB Ratio is 0.31, which is near median its own 10-year median of 0.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chichibu Railway Co stock overvalued right now?
Based on GuruFocus' analysis, Chichibu Railway Co (TSE:9012) is currently considered Modestly Undervalued. The stock's GF Value™ is 円2,343.38, compared to a current price of 円2,086.00 — trading 11% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.31, which is near median its 10-year median of 0.33 and 76% below the Transportation industry median of 1.29. Chichibu Railway Co's overall GF Score™ is 63/100 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 Chichibu Railway Co (TSE:9012), the current Cyclically Adjusted PB Ratio is 0.31 as of Aug. 15, 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 Chichibu Railway Co (TSE:9012) Overvalued in 2026?

Based on GuruFocus' analysis, Chichibu Railway Co stock appears to be undervalued. The current stock price of 円2,086.00 is trading 11% below its estimated GF Value™ of 円2,343.38. GuruFocus considers Chichibu Railway Co to be Modestly Undervalued.

Key valuation signals for TSE:9012:

  • Cyclically Adjusted PB Ratio: 0.31 (near median its 10-year median of 0.33)
  • GF Value™: 円2,343.38 vs. price of 円2,086.00 (11% below fair value)
  • GF Score™: 63/100 with 3 warning signs
  • Industry Position: 76% below the Transportation median (#54 of 727)

No single metric tells the full story. See the TSE:9012 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Chichibu Railway Co Business Description

Address 1, Atsukicho, Kumagaya-shi, Kumagaya, JPN, 360-00331
Chichibu Railway Co Ltd operates real estate business, tourism business, bus business, and other businesses, mainly in the railway business.
63GF Score

Get the complete analysis for TSE:9012

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

円2,086.00
Price
円2,343.38
GF Value