AZ-COM Maruwa Holdings (TSE:9090) Cyclically Adjusted PB Ratio: 3.32 (As of Aug. 30, 2026) — 30% Below Median

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TSE:9090 AZ-COM Maruwa Holdings Inc TSE:9090
84 GF Score
Price 円909.00
GF Value 円1,360.94
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is AZ-COM Maruwa Holdings Cyclically Adjusted PB Ratio?

AZ-COM Maruwa Holdings TSE:9090 +2.02% 84 Cyclically Adjusted PB Ratio is 3.32 as of Aug. 30, 2026, which is 30% below its 10-year median of 4.77. GuruFocus rates TSE:9090 with a GF Score™ of 84/100 and a GF Value™ of 円1,360.94 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 697 Transportation companies, AZ-COM Maruwa Holdings ranks worse than 84.51% on this metric.

As of today (2026-08-30), AZ-COM Maruwa Holdings's current share price is 円909.00. AZ-COM Maruwa Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円273.99. AZ-COM Maruwa Holdings's Cyclically Adjusted PB Ratio for today is 3.32.

The historical rank and industry rank for AZ-COM Maruwa Holdings's Cyclically Adjusted PB Ratio or its related term are showing as below:

TSE:9090' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.74   Med: 4.77   Max: 11.17
Current: 3.32

During the past years, AZ-COM Maruwa Holdings's highest Cyclically Adjusted PB Ratio was 11.17. The lowest was 2.74. And the median was 4.77.

TSE:9090's Cyclically Adjusted PB Ratio is ranked worse than
84.51% of 697 companies
in the Transportation industry
Industry Median: 1.26 vs TSE:9090: 3.32

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.

AZ-COM Maruwa Holdings's adjusted book value per share data for the three months ended in Mar. 2026 was 円463.236. 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273.99 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


AZ-COM Maruwa Holdings  (TSE:9090) 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.


AZ-COM Maruwa Holdings Cyclically Adjusted PB Ratio Related Terms


AZ-COM Maruwa Holdings Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for AZ-COM Maruwa 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.

AZ-COM Maruwa Holdings Cyclically Adjusted PB Ratio Chart

AZ-COM Maruwa 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 0.00 0.00 6.63 5.19 3.23

AZ-COM Maruwa 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 4.13 4.18 3.70 3.23 0.00

TSE:9090 vs UPS, FDX, JBHT: Cyclically Adjusted PB Ratio Comparison

For the Integrated Freight & Logistics subindustry, AZ-COM Maruwa 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.


AZ-COM Maruwa Holdings Cyclically Adjusted PB Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, AZ-COM Maruwa Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where AZ-COM Maruwa Holdings's Cyclically Adjusted PB Ratio falls into.


TSE:9090
84GF Score
AZ-COM Maruwa Holdings Inc TSE:9090
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

AZ-COM Maruwa 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.

AZ-COM Maruwa Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=909.00/273.99
=3.32

* 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.

AZ-COM Maruwa Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, AZ-COM Maruwa 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)
=463.236/112.7000*112.7000
=463.236

Current CPI (Mar. 2026) = 112.7000.

AZ-COM Maruwa Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201606 124.027 98.100 142.486
201609 130.062 98.000 149.571
201612 134.946 98.400 154.557
201703 140.143 98.100 161.000
201706 143.913 98.500 164.660
201709 150.968 98.800 172.207
201712 156.797 99.400 177.777
201803 160.959 99.200 182.864
201806 166.537 99.200 189.201
201809 173.104 99.900 195.283
201812 174.344 99.700 197.077
201903 179.683 99.700 203.112
201906 182.675 99.800 206.287
201909 196.121 100.100 220.808
201912 205.831 100.500 230.817
202003 206.051 100.300 231.525
202006 210.272 99.900 237.214
202009 224.401 99.900 253.153
202012 196.672 99.300 223.212
202103 204.529 99.900 230.735
202106 207.948 99.500 235.535
202109 221.152 100.100 248.989
202112 222.874 100.100 250.928
202203 230.178 101.100 256.588
202206 240.158 101.800 265.872
202209 258.386 103.100 282.445
202212 269.524 104.100 291.790
202303 285.379 104.400 308.067
202306 297.712 105.200 318.937
202309 316.599 106.200 335.977
202312 397.035 106.800 418.969
202403 408.592 107.200 429.555
202406 0.000 108.200 0.000
202409 414.754 108.900 429.227
202412 420.687 110.700 428.287
202503 428.958 111.100 435.136
202506 440.312 111.700 444.254
202509 457.162 112.000 460.019
202512 459.457 113.000 458.237
202603 463.236 112.700 463.236

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 3.32 mean?
AZ-COM Maruwa Holdings (TSE:9090) has a Cyclically Adjusted PB Ratio of 3.32 as of Aug. 30, 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 AZ-COM Maruwa Holdings and its competitors. This is 30% below median its historical median of 4.77. Over the past decade, AZ-COM Maruwa Holdings' Cyclically Adjusted PB Ratio has ranged from 2.74 to 11.17. According to the industry distribution chart, AZ-COM Maruwa Holdings ranks #589 out of 697 companies in the Transportation industry, placing it in the top 84.5%.
Is AZ-COM Maruwa Holdings' Cyclically Adjusted PB Ratio too high?
AZ-COM Maruwa Holdings' current Cyclically Adjusted PB Ratio of 3.32 is 30% below median its 10-year median of 4.77. Over the past 10 years, this metric has ranged from a low of 2.74 to a high of 11.17. The Transportation industry median Cyclically Adjusted PB Ratio is 1.26. AZ-COM Maruwa Holdings' value of 3.32 is 163.5% above this industry median. Based on the distribution chart, AZ-COM Maruwa Holdings ranks #589 out of 697 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, AZ-COM Maruwa Holdings has a GF Score™ of 84/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does AZ-COM Maruwa Holdings' Cyclically Adjusted PB Ratio compare to UPS and FDX?
According to the Transportation industry distribution chart, AZ-COM Maruwa Holdings ranks #589 out of 697 companies for Cyclically Adjusted PB Ratio. This places AZ-COM Maruwa Holdings in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.26. AZ-COM Maruwa Holdings' value of 3.32 is 163.5% above this benchmark. Historically, AZ-COM Maruwa Holdings' own Cyclically Adjusted PB Ratio has ranged from 2.74 to 11.17 over the past decade. While the company's 10-year median is 4.77 vs. the industry median of 1.26, AZ-COM Maruwa 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 Transportation company?
The median Cyclically Adjusted PB Ratio among Transportation companies is 1.26, based on 697 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. AZ-COM Maruwa Holdings's current Cyclically Adjusted PB Ratio of 3.32 is 163.5% 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 AZ-COM Maruwa Holdings and its competitors. For the Transportation industry, the median Cyclically Adjusted PB Ratio is 1.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AZ-COM Maruwa Holdings's current Cyclically Adjusted PB Ratio is 3.32, which is 30% below median its own 10-year median of 4.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AZ-COM Maruwa Holdings stock overvalued right now?
Based on GuruFocus' analysis, AZ-COM Maruwa Holdings (TSE:9090) is currently considered Significantly Undervalued. The stock's GF Value™ is 円1,360.94, compared to a current price of 円909.00 — trading 33.2% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 3.32, which is 30% below median its 10-year median of 4.77 and 163.5% above the Transportation industry median of 1.26. AZ-COM Maruwa Holdings' overall GF Score™ is 84/100 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 AZ-COM Maruwa Holdings (TSE:9090), the current Cyclically Adjusted PB Ratio is 3.32 as of Aug. 30, 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 AZ-COM Maruwa Holdings (TSE:9090) Overvalued in 2026?

Based on GuruFocus' analysis, AZ-COM Maruwa Holdings stock appears to be undervalued. The current stock price of 円909.00 is trading 33.2% below its estimated GF Value™ of 円1,360.94. GuruFocus considers AZ-COM Maruwa Holdings to be Significantly Undervalued.

Key valuation signals for TSE:9090:

  • Cyclically Adjusted PB Ratio: 3.32 (30% below median its 10-year median of 4.77)
  • GF Value™: 円1,360.94 vs. price of 円909.00 (33.2% below fair value)
  • GF Score™: 84/100 with 3 warning signs
  • Industry Position: 163.5% above the Transportation median (#589 of 697)

No single metric tells the full story. See the TSE:9090 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


AZ-COM Maruwa Holdings Business Description

Other Exchanges 1YM:Germany
Address Saitama Prefecture, 1 Asahi 7, Yoshikawa, JPN, 342-0008
AZ-COM Maruwa Holdings Inc is engaged in the third-party logistics consulting business which has distribution center-related operations, specializing in retail industry centered E-commerce logistics, cold chain food logistics, medicine and medical logistics, seeking further business development.
84GF Score

Get the complete analysis for TSE:9090

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

円909.00
Price
円1,360.94
GF Value