Shibusawa Logistics (TSE:9304) Cyclically Adjusted PB Ratio: 2.18 (As of Aug. 25, 2026) — 160% Above Median

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TSE:9304 Shibusawa Logistics Corp TSE:9304
65 GF Score
Price 円2,064.00
GF Value 円904.86
Valuation Significantly Overvalued
! 9 Warning Signs
View Full Analysis

What is Shibusawa Logistics Cyclically Adjusted PB Ratio?

Shibusawa Logistics TSE:9304 +2.74% 65 Cyclically Adjusted PB Ratio is 2.18 as of Aug. 25, 2026, which is 160% above its 10-year median of 0.84. GuruFocus rates TSE:9304 with a GF Score™ of 65/100 and a GF Value™ of 円904.86 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 708 Transportation companies, Shibusawa Logistics ranks worse than 71.33% on this metric.

As of today (2026-08-25), Shibusawa Logistics's current share price is 円2064.00. Shibusawa Logistics's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was 円946.73. Shibusawa Logistics's Cyclically Adjusted PB Ratio for today is 2.18.

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

TSE:9304' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.62   Med: 0.84   Max: 2.12
Current: 2.12

During the past years, Shibusawa Logistics's highest Cyclically Adjusted PB Ratio was 2.12. The lowest was 0.62. And the median was 0.84.

TSE:9304's Cyclically Adjusted PB Ratio is ranked worse than
71.33% of 708 companies
in the Transportation industry
Industry Median: 1.275 vs TSE:9304: 2.12

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.

Shibusawa Logistics's adjusted book value per share data for the three months ended in Jun. 2026 was 円1,266.360. 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946.73 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shibusawa Logistics  (TSE:9304) 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.


Shibusawa Logistics Cyclically Adjusted PB Ratio Related Terms


Shibusawa Logistics Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Shibusawa Logistics'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.

Shibusawa Logistics Cyclically Adjusted PB Ratio Chart

Shibusawa Logistics 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 0.84 0.74 0.97 0.93 1.42

Shibusawa Logistics 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 1.14 1.29 1.39 1.42 1.67

TSE:9304 vs UPS, FDX, JBHT: Cyclically Adjusted PB Ratio Comparison

For the Integrated Freight & Logistics subindustry, Shibusawa Logistics'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.


Shibusawa Logistics Cyclically Adjusted PB Ratio vs Transportation Industry

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

* The bar in red indicates where Shibusawa Logistics's Cyclically Adjusted PB Ratio falls into.


TSE:9304
65GF Score
Shibusawa Logistics Corp TSE:9304
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shibusawa Logistics 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.

Shibusawa Logistics's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2064.00/946.73
=2.18

* 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.

Shibusawa Logistics's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Shibusawa Logistics's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=1266.36/113.6000*113.6000
=1,266.360

Current CPI (Jun. 2026) = 113.6000.

Shibusawa Logistics Quarterly Data

Book Value per Share CPI Adj_Book
201609 645.879 98.000 748.692
201612 670.015 98.400 773.513
201703 671.544 98.100 777.649
201706 681.870 98.500 786.400
201709 696.897 98.800 801.290
201712 713.093 99.400 814.963
201803 689.903 99.200 790.050
201806 689.624 99.200 789.731
201809 705.276 99.900 801.996
201812 682.813 99.700 778.010
201903 695.263 99.700 792.195
201906 701.097 99.800 798.042
201909 717.786 100.100 814.590
201912 737.648 100.500 833.799
202003 715.371 100.300 810.231
202006 731.942 99.900 832.318
202009 756.622 99.900 860.383
202012 768.526 99.300 879.200
202103 787.665 99.900 895.683
202106 803.828 99.500 917.737
202109 825.071 100.100 936.344
202112 827.981 100.100 939.647
202203 876.913 101.100 985.334
202206 887.139 101.800 989.970
202209 913.233 103.100 1,006.239
202212 934.427 104.100 1,019.701
202303 941.611 104.400 1,024.588
202306 957.597 105.200 1,034.059
202309 986.784 106.200 1,055.543
202312 986.934 106.800 1,049.772
202403 1,018.460 107.200 1,079.264
202406 1,053.781 108.200 1,106.373
202409 1,073.583 108.900 1,119.918
202412 1,093.044 110.700 1,121.678
202503 1,118.089 111.100 1,143.249
202506 1,117.447 111.700 1,136.455
202509 1,152.426 112.000 1,168.889
202512 1,172.527 113.000 1,178.753
202603 1,200.882 112.700 1,210.472
202606 1,266.360 113.600 1,266.360

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 2.18 mean?
Shibusawa Logistics (TSE:9304) has a Cyclically Adjusted PB Ratio of 2.18 as of Aug. 25, 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 Shibusawa Logistics and its competitors. This is 160% above median its historical median of 0.84. Over the past decade, Shibusawa Logistics' Cyclically Adjusted PB Ratio has ranged from 0.62 to 2.12. According to the industry distribution chart, Shibusawa Logistics ranks #505 out of 708 companies in the Transportation industry, placing it in the top 71.3%.
Is Shibusawa Logistics' Cyclically Adjusted PB Ratio too high?
Shibusawa Logistics' current Cyclically Adjusted PB Ratio of 2.18 is 160% above median its 10-year median of 0.84. Over the past 10 years, this metric has ranged from a low of 0.62 to a high of 2.12. The Transportation industry median Cyclically Adjusted PB Ratio is 1.28. Shibusawa Logistics' value of 2.18 is 71% above this industry median. Based on the distribution chart, Shibusawa Logistics ranks #505 out of 708 companies in the Transportation industry, which is below the industry midpoint. Overall, Shibusawa Logistics has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shibusawa Logistics' Cyclically Adjusted PB Ratio compare to UPS and FDX?
According to the Transportation industry distribution chart, Shibusawa Logistics ranks #505 out of 708 companies for Cyclically Adjusted PB Ratio. This places Shibusawa Logistics in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.28. Shibusawa Logistics' value of 2.18 is 71% above this benchmark. Historically, Shibusawa Logistics' own Cyclically Adjusted PB Ratio has ranged from 0.62 to 2.12 over the past decade. While the company's 10-year median is 0.84 vs. the industry median of 1.28, Shibusawa Logistics 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 1.28, based on 708 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. Shibusawa Logistics's current Cyclically Adjusted PB Ratio of 2.18 is 71% 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 Shibusawa Logistics 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. Shibusawa Logistics's current Cyclically Adjusted PB Ratio is 2.18, which is 160% above median its own 10-year median of 0.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shibusawa Logistics stock overvalued right now?
Based on GuruFocus' analysis, Shibusawa Logistics (TSE:9304) is currently considered Significantly Overvalued. The stock's GF Value™ is 円904.86, compared to a current price of 円2,064.00 — trading 128.1% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.18, which is 160% above median its 10-year median of 0.84 and 71% above the Transportation industry median of 1.28. Shibusawa Logistics' overall GF Score™ is 65/100 with 9 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 Shibusawa Logistics (TSE:9304), the current Cyclically Adjusted PB Ratio is 2.18 as of Aug. 25, 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 Shibusawa Logistics (TSE:9304) Overvalued in 2026?

Based on GuruFocus' analysis, Shibusawa Logistics stock appears to be overvalued. The current stock price of 円2,064.00 is trading 128.1% above its estimated GF Value™ of 円904.86. GuruFocus considers Shibusawa Logistics to be Significantly Overvalued.

Key valuation signals for TSE:9304:

  • Cyclically Adjusted PB Ratio: 2.18 (160% above median its 10-year median of 0.84)
  • GF Value™: 円904.86 vs. price of 円2,064.00 (128.1% above fair value)
  • GF Score™: 65/100 with 9 warning signs
  • Industry Position: 71% above the Transportation median (#505 of 708)

No single metric tells the full story. See the TSE:9304 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shibusawa Logistics Business Description

Address 2-37-28 Eidai, Koto-ku, Tokyo, JPN
Shibusawa Logistics Corp is engaged in Warehousing, land transportation, marine transportation, port transportation, handling of land, sea and air transportation, land, sea and air combined freight transportation and handling thereof, customs clearance, import/export and sales of various goods such as alcohol, food, daily necessities, furniture, cosmetics and supplements, manufacturing, packaging, labelling and storage of medicines, quasi-drugs, cosmetics and medical devices, e-commerce fulfillment, buying and selling, brokerage, management and rental of real estate, planning, development, sales and operation management of information systems, worker dispatching, and life support services not covered by nursing care insurance, etc.
65GF Score

Get the complete analysis for TSE:9304

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

円2,064.00
Price
円904.86
GF Value