Bookoff Group Holdings (TSE:9278) Cyclically Adjusted PB Ratio: (As of Sep. 05, 2026)

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.
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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:9278 Bookoff Group Holdings Ltd TSE:9278
65 GF Score
Price 円2,966.00
GF Value 円1,856.64
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Bookoff Group Holdings Cyclically Adjusted PB Ratio?

Bookoff Group Holdings does not have a history long enough to calculate Cyclically Adjusted Book per Share. Therefore GuruFocus does not calculate Cyclically Adjusted PB Ratio for this company.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bookoff Group Holdings  (TSE:9278) 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.


Bookoff Group Holdings Cyclically Adjusted PB Ratio Related Terms


Bookoff Group Holdings Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Bookoff Group 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.

Bookoff Group Holdings Cyclically Adjusted PB Ratio Chart

Bookoff Group Holdings Annual Data
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Bookoff Group Holdings Quarterly Data
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TSE:9278 vs CASY, WSM, ULTA: Cyclically Adjusted PB Ratio Comparison

For the Specialty Retail subindustry, Bookoff Group 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.


Bookoff Group Holdings Cyclically Adjusted PB Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Bookoff Group Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TSE:9278
65GF Score
Bookoff Group Holdings Ltd TSE:9278
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bookoff Group 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.

Bookoff Group Holdings does not have a history long enough to calculate Cyclically Adjusted Book per Share. Therefore GuruFocus does not calculate Cyclically Adjusted PB Ratio for this company.

Is Bookoff Group Holdings (TSE:9278) Overvalued in 2026?

Based on GuruFocus' analysis, Bookoff Group Holdings stock appears to be overvalued. The current stock price of 円2,966.00 is trading 59.8% above its estimated GF Value™ of 円1,856.64. GuruFocus considers Bookoff Group Holdings to be Significantly Overvalued.

Key valuation signals for TSE:9278:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: 円1,856.64 vs. price of 円2,966.00 (59.8% above fair value)
  • GF Score™: 65/100 with 5 warning signs

No single metric tells the full story. See the TSE:9278 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bookoff Group Holdings Business Description

Address 2-14-20 Kobuchi, Minami-ku, Kanagawa-Prefecture, Sagamihara, JPN, 252-0344
Bookoff Group Holdings Ltd purchases and sells books, software, apparel, sporting goods, baby goods, watches, luxury-brand bags, precious metals, kitchenware, and household goods through its stores, which include BOOKOFF SUPER BAZAAR stores and BOOKOFF PLUS stores. The company's business segments are Reuse Store Business, BOOKOFF Online Business, HUGALL Business, and Packaged Media Business.
65GF Score

Get the complete analysis for TSE:9278

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

円2,966.00
Price
円1,856.64
GF Value