Hankyu Hanshin Holdings (TSE:9042) Cyclically Adjusted PB Ratio: 1.14 (As of Aug. 16, 2026) — Near Median

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TSE:9042 Hankyu Hanshin Holdings Inc TSE:9042
78 GF Score
Price 円4,647.00
GF Value 円4,958.52
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Hankyu Hanshin Holdings Cyclically Adjusted PB Ratio?

Hankyu Hanshin Holdings TSE:9042 +0.06% 78 Cyclically Adjusted PB Ratio is 1.14 as of Aug. 16, 2026, which is 7% below its 10-year median of 1.23. GuruFocus rates TSE:9042 with a GF Score™ of 78/100 and a GF Value™ of 円4,958.52 (Fairly Valued). The stock has 3 warning signs investors should review. Among 450 Conglomerates companies, Hankyu Hanshin Holdings ranks worse than 53.56% on this metric.

As of today (2026-08-16), Hankyu Hanshin Holdings's current share price is 円4647.00. Hankyu Hanshin Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円4,082.99. Hankyu Hanshin Holdings's Cyclically Adjusted PB Ratio for today is 1.14.

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

TSE:9042' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.95   Med: 1.23   Max: 1.95
Current: 1.14

During the past years, Hankyu Hanshin Holdings's highest Cyclically Adjusted PB Ratio was 1.95. The lowest was 0.95. And the median was 1.23.

TSE:9042's Cyclically Adjusted PB Ratio is ranked worse than
53.56% of 450 companies
in the Conglomerates industry
Industry Median: 1.025 vs TSE:9042: 1.14

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.

Hankyu Hanshin Holdings's adjusted book value per share data for the three months ended in Mar. 2026 was 円4,653.527. 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4,082.99 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hankyu Hanshin Holdings  (TSE:9042) 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.


Hankyu Hanshin Holdings Cyclically Adjusted PB Ratio Related Terms


Hankyu Hanshin Holdings Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Hankyu Hanshin Holdings'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.

Hankyu Hanshin Holdings Cyclically Adjusted PB Ratio Chart

Hankyu Hanshin Holdings 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 1.13 1.16 1.21 1.04 1.11

Hankyu Hanshin Holdings 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 0.99 1.09 0.97 1.11 0.00

TSE:9042 vs MMM, HON: Cyclically Adjusted PB Ratio Comparison

For the Conglomerates subindustry, Hankyu Hanshin Holdings'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.


Hankyu Hanshin Holdings Cyclically Adjusted PB Ratio vs Conglomerates Industry

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

* The bar in red indicates where Hankyu Hanshin Holdings's Cyclically Adjusted PB Ratio falls into.


TSE:9042
78GF Score
Hankyu Hanshin Holdings Inc TSE:9042
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hankyu Hanshin Holdings 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.

Hankyu Hanshin Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4647.00/4082.99
=1.14

* 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.

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

For example, Hankyu Hanshin Holdings'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)
=4653.527/112.7000*112.7000
=4,653.527

Current CPI (Mar. 2026) = 112.7000.

Hankyu Hanshin Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201606 2,908.009 98.100 3,340.801
201609 2,990.203 98.000 3,438.733
201612 3,078.630 98.400 3,526.033
201703 3,152.639 98.100 3,621.839
201706 3,214.561 98.500 3,677.980
201709 3,294.620 98.800 3,758.134
201712 3,344.788 99.400 3,792.330
201803 3,391.330 99.200 3,852.852
201806 3,438.756 99.200 3,906.732
201809 3,497.184 99.900 3,945.272
201812 3,557.582 99.700 4,021.459
201903 3,615.514 99.700 4,086.945
201906 3,648.694 99.800 4,120.319
201909 3,755.025 100.100 4,227.685
201912 3,785.520 100.500 4,245.056
202003 3,738.554 100.300 4,200.748
202006 3,624.133 99.900 4,088.486
202009 3,615.920 99.900 4,079.221
202012 3,620.972 99.300 4,109.603
202103 3,598.824 99.900 4,059.935
202106 3,573.512 99.500 4,047.586
202109 3,595.126 100.100 4,047.659
202112 3,618.429 100.100 4,073.896
202203 3,612.163 101.100 4,026.615
202206 3,668.536 101.800 4,061.336
202209 3,742.427 103.100 4,090.897
202212 3,794.023 104.100 4,107.458
202303 3,764.159 104.400 4,063.417
202306 3,852.204 105.200 4,126.838
202309 3,959.448 106.200 4,201.787
202312 4,023.174 106.800 4,245.428
202403 4,074.908 107.200 4,283.975
202406 4,202.120 108.200 4,376.885
202409 4,275.961 108.900 4,425.168
202412 4,298.779 110.700 4,376.444
202503 4,340.228 111.100 4,402.734
202506 4,436.308 111.700 4,476.024
202509 4,534.781 112.000 4,563.123
202512 4,580.795 113.000 4,568.634
202603 4,653.527 112.700 4,653.527

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 1.14 mean?
Hankyu Hanshin Holdings (TSE:9042) has a Cyclically Adjusted PB Ratio of 1.14 as of Aug. 16, 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 Hankyu Hanshin Holdings and its competitors. This is near median its historical median of 1.23. Over the past decade, Hankyu Hanshin Holdings' Cyclically Adjusted PB Ratio has ranged from 0.95 to 1.95. According to the industry distribution chart, Hankyu Hanshin Holdings ranks #241 out of 450 companies in the Conglomerates industry, placing it in the top 53.6%.
Is Hankyu Hanshin Holdings' Cyclically Adjusted PB Ratio too high?
Hankyu Hanshin Holdings' current Cyclically Adjusted PB Ratio of 1.14 is near median its 10-year median of 1.23. Over the past 10 years, this metric has ranged from a low of 0.95 to a high of 1.95. The Conglomerates industry median Cyclically Adjusted PB Ratio is 1.03. Hankyu Hanshin Holdings' value of 1.14 is 11.2% above this industry median. Based on the distribution chart, Hankyu Hanshin Holdings ranks #241 out of 450 companies in the Conglomerates industry, which is below the industry midpoint. Overall, Hankyu Hanshin Holdings has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hankyu Hanshin Holdings' Cyclically Adjusted PB Ratio compare to MMM and HON?
According to the Conglomerates industry distribution chart, Hankyu Hanshin Holdings ranks #241 out of 450 companies for Cyclically Adjusted PB Ratio. This places Hankyu Hanshin Holdings in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.03. Hankyu Hanshin Holdings' value of 1.14 is 11.2% above this benchmark. Historically, Hankyu Hanshin Holdings' own Cyclically Adjusted PB Ratio has ranged from 0.95 to 1.95 over the past decade. While the company's 10-year median is 1.23 vs. the industry median of 1.03, Hankyu Hanshin Holdings 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 Conglomerates company?
The median Cyclically Adjusted PB Ratio among Conglomerates companies is 1.03, based on 450 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. Hankyu Hanshin Holdings's current Cyclically Adjusted PB Ratio of 1.14 is 11.2% 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 Hankyu Hanshin Holdings and its competitors. For the Conglomerates industry, the median Cyclically Adjusted PB Ratio is 1.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hankyu Hanshin Holdings's current Cyclically Adjusted PB Ratio is 1.14, which is near median its own 10-year median of 1.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hankyu Hanshin Holdings stock overvalued right now?
Based on GuruFocus' analysis, Hankyu Hanshin Holdings (TSE:9042) is currently considered Fairly Valued. The stock's GF Value™ is 円4,958.52, compared to a current price of 円4,647.00 — trading 6.3% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.14, which is near median its 10-year median of 1.23 and 11.2% above the Conglomerates industry median of 1.03. Hankyu Hanshin Holdings' overall GF Score™ is 78/100 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 Hankyu Hanshin Holdings (TSE:9042), the current Cyclically Adjusted PB Ratio is 1.14 as of Aug. 16, 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 Hankyu Hanshin Holdings (TSE:9042) Overvalued in 2026?

Based on GuruFocus' analysis, Hankyu Hanshin Holdings stock appears to be undervalued. The current stock price of 円4,647.00 is trading 6.3% below its estimated GF Value™ of 円4,958.52. GuruFocus considers Hankyu Hanshin Holdings to be Fairly Valued.

Key valuation signals for TSE:9042:

  • Cyclically Adjusted PB Ratio: 1.14 (near median its 10-year median of 1.23)
  • GF Value™: 円4,958.52 vs. price of 円4,647.00 (6.3% below fair value)
  • GF Score™: 78/100 with 3 warning signs
  • Industry Position: 11.2% above the Conglomerates median (#241 of 450)

No single metric tells the full story. See the TSE:9042 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hankyu Hanshin Holdings Business Description

Other Exchanges HKY:Germany
Address 1-16-1 Shibata, Kita-ku, Osaka, JPN, 530-0012
Hankyu Hanshin Holdings Inc is a Japanese conglomerate with diverse operations spanning transportation, real estate, entertainment, and related businesses. Its operating segments include Entertainment, Information and Communication, International Transportation, Real Estate, Travel, Urban Transportation, and Others. It generates the majority of its revenue from the Real Estate segment, which involves leasing business, condominium sales business, etc., and hotel business.
78GF Score

Get the complete analysis for TSE:9042

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

円4,647.00
Price
円4,958.52
GF Value