Okayamaken Freight Transportation Co (TSE:9063) Cyclically Adjusted PB Ratio: 0.43 (As of Aug. 27, 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:9063 Okayamaken Freight Transportation Co Ltd TSE:9063
68 GF Score
Price 円4,220.00
GF Value 円3,358.07
Valuation Modestly Overvalued
! 3 Warning Signs
View Full Analysis

What is Okayamaken Freight Transportation Co Cyclically Adjusted PB Ratio?

Okayamaken Freight Transportation Co TSE:9063 +1.08% 68 Cyclically Adjusted PB Ratio is 0.43 as of Aug. 27, 2026, which is 7% above its 10-year median of 0.40. GuruFocus rates TSE:9063 with a GF Score™ of 68/100 and a GF Value™ of 円3,358.07 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 698 Transportation companies, Okayamaken Freight Transportation Co ranks better than 88.11% on this metric.

As of today (2026-08-27), Okayamaken Freight Transportation Co's current share price is 円4220.00. Okayamaken Freight Transportation Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円9,701.54. Okayamaken Freight Transportation Co's Cyclically Adjusted PB Ratio for today is 0.43.

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

TSE:9063' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.34   Med: 0.4   Max: 0.77
Current: 0.43

During the past years, Okayamaken Freight Transportation Co's highest Cyclically Adjusted PB Ratio was 0.77. The lowest was 0.34. And the median was 0.40.

TSE:9063's Cyclically Adjusted PB Ratio is ranked better than
88.11% of 698 companies
in the Transportation industry
Industry Median: 1.275 vs TSE:9063: 0.43

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.

Okayamaken Freight Transportation Co's adjusted book value per share data for the three months ended in Mar. 2026 was 円13,246.285. 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9,701.54 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Okayamaken Freight Transportation Co  (TSE:9063) 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.


Okayamaken Freight Transportation Co Cyclically Adjusted PB Ratio Related Terms


Okayamaken Freight Transportation Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Okayamaken Freight Transportation 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.

Okayamaken Freight Transportation Co Cyclically Adjusted PB Ratio Chart

Okayamaken Freight Transportation 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 0.41 0.36 0.40 0.38 0.41

Okayamaken Freight Transportation Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24 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 0.37 0.39 0.44 0.41 0.00

TSE:9063 vs ODFL, XPO, KNX: Cyclically Adjusted PB Ratio Comparison

For the Trucking subindustry, Okayamaken Freight Transportation 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.


Okayamaken Freight Transportation Co Cyclically Adjusted PB Ratio vs Transportation Industry

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

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


TSE:9063
68GF Score
Okayamaken Freight Transportation Co Ltd TSE:9063
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Okayamaken Freight Transportation 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.

Okayamaken Freight Transportation Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4220.00/9701.54
=0.43

* 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.

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

For example, Okayamaken Freight Transportation 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)
=13246.285/112.7000*112.7000
=13,246.285

Current CPI (Mar. 2026) = 112.7000.

Okayamaken Freight Transportation Co Quarterly Data

Book Value per Share CPI Adj_Book
201512 5,980.857 98.100 6,870.974
201603 5,943.023 97.900 6,841.458
201606 6,020.493 98.100 6,916.509
201609 6,165.869 98.000 7,090.749
201612 6,510.439 98.400 7,456.570
201703 6,694.928 98.100 7,691.319
201706 6,843.379 98.500 7,829.937
201709 6,980.885 98.800 7,963.014
201712 7,192.242 99.400 8,154.584
201803 7,385.531 99.200 8,390.618
201806 7,504.965 99.200 8,526.306
201809 7,672.435 99.900 8,655.490
201812 7,790.735 99.700 8,806.578
201903 7,926.976 99.700 8,960.584
201906 8,005.458 99.800 9,040.232
201909 8,223.459 100.100 9,258.580
201912 8,384.983 100.500 9,402.862
202003 8,362.807 100.300 9,396.693
202006 8,390.252 99.900 9,465.279
202009 8,452.349 99.900 9,535.333
202012 8,692.652 99.300 9,865.679
202103 8,910.723 99.900 10,052.437
202106 8,938.237 99.500 10,124.013
202109 9,102.226 100.100 10,247.961
202112 9,242.086 100.100 10,405.425
202203 9,404.144 101.100 10,483.156
202206 9,476.074 101.800 10,490.703
202209 9,565.194 103.100 10,455.843
202212 9,757.081 104.100 10,563.141
202303 9,831.657 104.400 10,613.293
202306 9,859.847 105.200 10,562.783
202309 10,913.327 106.200 11,581.280
202312 11,054.824 106.800 11,665.531
202403 11,093.995 107.200 11,663.183
202409 11,229.615 108.900 11,621.466
202503 11,530.498 111.100 11,696.554
202506 11,614.408 111.700 11,718.387
202509 11,912.019 112.000 11,986.469
202512 12,798.281 113.000 12,764.303
202603 13,246.285 112.700 13,246.285

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 0.43 mean?
Okayamaken Freight Transportation Co (TSE:9063) has a Cyclically Adjusted PB Ratio of 0.43 as of Aug. 27, 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 Okayamaken Freight Transportation Co and its competitors. This is near median its historical median of 0.40. Over the past decade, Okayamaken Freight Transportation Co's Cyclically Adjusted PB Ratio has ranged from 0.34 to 0.77. According to the industry distribution chart, Okayamaken Freight Transportation Co ranks #83 out of 698 companies in the Transportation industry, placing it in the top 11.9%.
Is Okayamaken Freight Transportation Co's Cyclically Adjusted PB Ratio too high?
Okayamaken Freight Transportation Co's current Cyclically Adjusted PB Ratio of 0.43 is near median its 10-year median of 0.40. Over the past 10 years, this metric has ranged from a low of 0.34 to a high of 0.77. The Transportation industry median Cyclically Adjusted PB Ratio is 1.28. Okayamaken Freight Transportation Co's value of 0.43 is 66.3% below this industry median. Based on the distribution chart, Okayamaken Freight Transportation Co ranks #83 out of 698 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Okayamaken Freight Transportation Co has a GF Score™ of 68/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Okayamaken Freight Transportation Co's Cyclically Adjusted PB Ratio compare to ODFL and XPO?
According to the Transportation industry distribution chart, Okayamaken Freight Transportation Co ranks #83 out of 698 companies for Cyclically Adjusted PB Ratio. This places Okayamaken Freight Transportation Co in the top 12% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.28. Okayamaken Freight Transportation Co's value of 0.43 is 66.3% below this benchmark. Historically, Okayamaken Freight Transportation Co's own Cyclically Adjusted PB Ratio has ranged from 0.34 to 0.77 over the past decade. While the company's 10-year median is 0.40 vs. the industry median of 1.28, Okayamaken Freight Transportation 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 1.28, based on 698 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. Okayamaken Freight Transportation Co's current Cyclically Adjusted PB Ratio of 0.43 is 66.3% 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 Okayamaken Freight Transportation Co and its competitors. For the Transportation industry, the median Cyclically Adjusted PB Ratio is 1.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Okayamaken Freight Transportation Co's current Cyclically Adjusted PB Ratio is 0.43, which is near median its own 10-year median of 0.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Okayamaken Freight Transportation Co stock overvalued right now?
Based on GuruFocus' analysis, Okayamaken Freight Transportation Co (TSE:9063) is currently considered Modestly Overvalued. The stock's GF Value™ is 円3,358.07, compared to a current price of 円4,220.00 — trading 25.7% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.43, which is near median its 10-year median of 0.40 and 66.3% below the Transportation industry median of 1.28. Okayamaken Freight Transportation Co's overall GF Score™ is 68/100 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 Okayamaken Freight Transportation Co (TSE:9063), the current Cyclically Adjusted PB Ratio is 0.43 as of Aug. 27, 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 Okayamaken Freight Transportation Co (TSE:9063) Overvalued in 2026?

Based on GuruFocus' analysis, Okayamaken Freight Transportation Co stock appears to be overvalued. The current stock price of 円4,220.00 is trading 25.7% above its estimated GF Value™ of 円3,358.07. GuruFocus considers Okayamaken Freight Transportation Co to be Modestly Overvalued.

Key valuation signals for TSE:9063:

  • Cyclically Adjusted PB Ratio: 0.43 (near median its 10-year median of 0.40)
  • GF Value™: 円3,358.07 vs. price of 円4,220.00 (25.7% above fair value)
  • GF Score™: 68/100 with 3 warning signs
  • Industry Position: 66.3% below the Transportation median (#83 of 698)

No single metric tells the full story. See the TSE:9063 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Okayamaken Freight Transportation Co Business Description

Address No. 4 No. 31, Kiyoshincho Kita-ku, Okayama, JPN, 700-0027
Okayamaken Freight Transportation Co Ltd is a cargo trucking company in Japan. The Company also provides door-to-door parcel delivery services. Okayamaken Freight Transportation leases building and sells oil products and automobile parts. Its business lines include Freight car transportation business, Warehousing, Air transport agent agency, Industrial waste collection, and transportation.
68GF Score

Get the complete analysis for TSE:9063

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

円4,220.00
Price
円3,358.07
GF Value