Tamai Steamship Co (TSE:9127) Cyclically Adjusted PB Ratio: 1.06 (As of Sep. 02, 2026) — 100% Above Median

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TSE:9127 Tamai Steamship Co Ltd TSE:9127
57 GF Score
Price 円3,495.00
GF Value 円1,482.59
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Tamai Steamship Co Cyclically Adjusted PB Ratio?

Tamai Steamship Co TSE:9127 +1.90% 57 Cyclically Adjusted PB Ratio is 1.06 as of Sep. 02, 2026, which is 100% above its 10-year median of 0.53. GuruFocus rates TSE:9127 with a GF Score™ of 57/100 and a GF Value™ of 円1,482.59 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 699 Transportation companies, Tamai Steamship Co ranks better than 62.66% on this metric.

As of today (2026-09-02), Tamai Steamship Co's current share price is 円3495.00. Tamai Steamship Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円3,288.22. Tamai Steamship Co's Cyclically Adjusted PB Ratio for today is 1.06.

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

TSE:9127' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.17   Med: 0.53   Max: 1.41
Current: 1.01

During the past years, Tamai Steamship Co's highest Cyclically Adjusted PB Ratio was 1.41. The lowest was 0.17. And the median was 0.53.

TSE:9127's Cyclically Adjusted PB Ratio is ranked better than
62.66% of 699 companies
in the Transportation industry
Industry Median: 1.28 vs TSE:9127: 1.01

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.

Tamai Steamship Co's adjusted book value per share data for the three months ended in Mar. 2026 was 円5,291.646. 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3,288.22 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tamai Steamship Co  (TSE:9127) 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.


Tamai Steamship Co Cyclically Adjusted PB Ratio Related Terms


Tamai Steamship Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Tamai Steamship 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.

Tamai Steamship Co Cyclically Adjusted PB Ratio Chart

Tamai Steamship 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 0.63 0.52 0.64 0.54 0.89

Tamai Steamship Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 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 0.65 0.73 0.97 0.89 0.00

Tamai Steamship Co Cyclically Adjusted PB Ratio Competitor Comparison

For the Marine Shipping subindustry, Tamai Steamship 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.


Tamai Steamship Co Cyclically Adjusted PB Ratio vs Transportation Industry

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

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


TSE:9127
57GF Score
Tamai Steamship Co Ltd TSE:9127
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tamai Steamship 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3495.00/3288.22
=1.06

* 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.

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

For example, Tamai Steamship 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)
=5291.646/112.7000*112.7000
=5,291.646

Current CPI (Mar. 2026) = 112.7000.

Tamai Steamship Co Quarterly Data

Book Value per Share CPI Adj_Book
201603 2,709.373 97.900 3,118.962
201606 2,245.011 98.100 2,579.131
201609 2,228.295 98.000 2,562.539
201612 2,228.743 98.400 2,552.636
201703 2,300.257 98.100 2,642.599
201706 2,202.542 98.500 2,520.066
201709 2,293.868 98.800 2,616.588
201712 2,305.529 99.400 2,614.015
201803 2,284.150 99.200 2,594.997
201806 2,400.049 99.200 2,726.669
201809 2,352.471 99.900 2,653.889
201812 2,352.055 99.700 2,658.742
201903 2,719.450 99.700 3,074.042
201906 2,636.880 99.800 2,977.719
201909 2,559.334 100.100 2,881.488
201912 2,570.412 100.500 2,882.442
202003 2,300.239 100.300 2,584.616
202006 2,339.626 99.900 2,639.398
202009 2,420.933 99.900 2,731.123
202012 2,409.060 99.300 2,734.150
202103 2,322.077 99.900 2,619.600
202106 2,492.729 99.500 2,823.423
202109 2,688.342 100.100 3,026.735
202112 2,838.364 100.100 3,195.641
202203 2,971.125 101.100 3,312.026
202206 3,116.380 101.800 3,450.059
202209 3,351.540 103.100 3,663.614
202212 3,396.162 104.100 3,676.729
202303 3,354.756 104.400 3,621.466
202306 3,427.705 105.200 3,672.076
202309 3,486.954 106.200 3,700.374
202312 3,589.091 106.800 3,787.365
202403 3,797.560 107.200 3,992.398
202406 3,871.584 108.200 4,032.602
202409 3,894.487 108.900 4,030.383
202503 4,799.835 111.100 4,868.960
202506 4,655.973 111.700 4,697.656
202509 4,766.390 112.000 4,796.180
202512 4,937.315 113.000 4,924.207
202603 5,291.646 112.700 5,291.646

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 1.06 mean?
Tamai Steamship Co (TSE:9127) has a Cyclically Adjusted PB Ratio of 1.06 as of Sep. 02, 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 Tamai Steamship Co and its competitors. This is 100% above median its historical median of 0.53. Over the past decade, Tamai Steamship Co's Cyclically Adjusted PB Ratio has ranged from 0.17 to 1.41. According to the industry distribution chart, Tamai Steamship Co ranks #261 out of 699 companies in the Transportation industry, placing it in the top 37.3%.
Is Tamai Steamship Co's Cyclically Adjusted PB Ratio too high?
Tamai Steamship Co's current Cyclically Adjusted PB Ratio of 1.06 is 100% above median its 10-year median of 0.53. Over the past 10 years, this metric has ranged from a low of 0.17 to a high of 1.41. The Transportation industry median Cyclically Adjusted PB Ratio is 1.28. Tamai Steamship Co's value of 1.06 is 17.2% below this industry median. Based on the distribution chart, Tamai Steamship Co ranks #261 out of 699 companies in the Transportation industry, which is above the industry midpoint. Overall, Tamai Steamship Co has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tamai Steamship Co's Cyclically Adjusted PB Ratio compare to competitors?
According to the Transportation industry distribution chart, Tamai Steamship Co ranks #261 out of 699 companies for Cyclically Adjusted PB Ratio. This puts Tamai Steamship Co in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.28. Tamai Steamship Co's value of 1.06 is 17.2% below this benchmark. Historically, Tamai Steamship Co's own Cyclically Adjusted PB Ratio has ranged from 0.17 to 1.41 over the past decade. While the company's 10-year median is 0.53 vs. the industry median of 1.28, Tamai Steamship 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 699 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. Tamai Steamship Co's current Cyclically Adjusted PB Ratio of 1.06 is 17.2% 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 Tamai Steamship 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. Tamai Steamship Co's current Cyclically Adjusted PB Ratio is 1.06, which is 100% above median its own 10-year median of 0.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tamai Steamship Co stock overvalued right now?
Based on GuruFocus' analysis, Tamai Steamship Co (TSE:9127) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,482.59, compared to a current price of 円3,495.00 — trading 135.7% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.06, which is 100% above median its 10-year median of 0.53 and 17.2% below the Transportation industry median of 1.28. Tamai Steamship Co's overall GF Score™ is 57/100 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 Tamai Steamship Co (TSE:9127), the current Cyclically Adjusted PB Ratio is 1.06 as of Sep. 02, 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 Tamai Steamship Co (TSE:9127) Overvalued in 2026?

Based on GuruFocus' analysis, Tamai Steamship Co stock appears to be overvalued. The current stock price of 円3,495.00 is trading 135.7% above its estimated GF Value™ of 円1,482.59. GuruFocus considers Tamai Steamship Co to be Significantly Overvalued.

Key valuation signals for TSE:9127:

  • Cyclically Adjusted PB Ratio: 1.06 (100% above median its 10-year median of 0.53)
  • GF Value™: 円1,482.59 vs. price of 円3,495.00 (135.7% above fair value)
  • GF Score™: 57/100 with 3 warning signs
  • Industry Position: 17.2% below the Transportation median (#261 of 699)

No single metric tells the full story. See the TSE:9127 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tamai Steamship Co Business Description

Address No. 2 No. 16 Third Street East Building, 5F Tamachi, Shibaura, Minato-ku, Tokyo, JPN
Tamai Steamship Co Ltd is a Japan-based company engages in the shipping business. It operates through the following business divisions: International Shipping Industry, Coastal Shipping Industry, and Real Estate Leasing.
57GF Score

Get the complete analysis for TSE:9127

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

円3,495.00
Price
円1,482.59
GF Value