Chuo Warehouse Co (TSE:9319) Cyclically Adjusted PB Ratio: 0.72 (As of Aug. 13, 2026) — 26% Above 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:9319 Chuo Warehouse Co Ltd TSE:9319
72 GF Score
Price 円1,736.00
GF Value 円1,510.71
Valuation Modestly Overvalued
! 2 Warning Signs
View Full Analysis

What is Chuo Warehouse Co Cyclically Adjusted PB Ratio?

Chuo Warehouse Co TSE:9319 +1.17% 72 Cyclically Adjusted PB Ratio is 0.72 as of Aug. 13, 2026, which is 26% above its 10-year median of 0.57. GuruFocus rates TSE:9319 with a GF Score™ of 72/100 and a GF Value™ of 円1,510.71 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 721 Business Services companies, Chuo Warehouse Co ranks better than 76.14% on this metric.

As of today (2026-08-13), Chuo Warehouse Co's current share price is 円1736.00. Chuo Warehouse Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was 円2,406.03. Chuo Warehouse Co's Cyclically Adjusted PB Ratio for today is 0.72.

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

TSE:9319' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.45   Med: 0.57   Max: 0.92
Current: 0.72

During the past years, Chuo Warehouse Co's highest Cyclically Adjusted PB Ratio was 0.92. The lowest was 0.45. And the median was 0.57.

TSE:9319's Cyclically Adjusted PB Ratio is ranked better than
76.14% of 721 companies
in the Business Services industry
Industry Median: 1.53 vs TSE:9319: 0.72

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.

Chuo Warehouse Co's adjusted book value per share data for the three months ended in Jun. 2026 was 円2,848.397. 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2,406.03 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Chuo Warehouse Co  (TSE:9319) 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.


Chuo Warehouse Co Cyclically Adjusted PB Ratio Related Terms


Chuo Warehouse Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Chuo Warehouse 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.

Chuo Warehouse Co Cyclically Adjusted PB Ratio Chart

Chuo Warehouse 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 0.50 0.52 0.53 0.62 0.87

Chuo Warehouse 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 0.59 0.60 0.61 0.87 0.75

TSE:9319 vs CTAS, CPRT, GPN: Cyclically Adjusted PB Ratio Comparison

For the Specialty Business Services subindustry, Chuo Warehouse 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.


Chuo Warehouse Co Cyclically Adjusted PB Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, Chuo Warehouse Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TSE:9319
72GF Score
Chuo Warehouse Co Ltd TSE:9319
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Chuo Warehouse 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.

Chuo Warehouse Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1736.00/2406.03
=0.72

* 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.

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

For example, Chuo Warehouse Co'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)
=2848.397/113.6000*113.6000
=2,848.397

Current CPI (Jun. 2026) = 113.6000.

Chuo Warehouse Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 1,816.218 98.100 2,103.184
201609 1,852.333 98.000 2,147.194
201612 1,896.240 98.400 2,189.155
201703 1,919.540 98.100 2,222.831
201706 1,947.442 98.500 2,245.984
201709 1,982.519 98.800 2,279.496
201712 2,024.336 99.400 2,313.527
201803 2,023.880 99.200 2,317.669
201806 2,032.141 99.200 2,327.129
201809 2,046.658 99.900 2,327.331
201812 1,973.740 99.700 2,248.915
201903 2,022.226 99.700 2,304.161
201906 2,013.022 99.800 2,291.376
201909 2,032.975 100.100 2,307.152
201912 2,068.247 100.500 2,337.839
202003 2,026.519 100.300 2,295.240
202006 2,039.157 99.900 2,318.801
202009 2,069.052 99.900 2,352.796
202012 2,092.419 99.300 2,393.744
202103 2,128.864 99.900 2,420.810
202106 2,134.209 99.500 2,436.645
202109 2,195.149 100.100 2,491.198
202112 2,181.400 100.100 2,475.595
202203 2,161.174 101.100 2,428.381
202206 2,170.136 101.800 2,421.684
202209 2,193.932 103.100 2,417.368
202212 2,223.281 104.100 2,426.174
202303 2,242.361 104.400 2,439.964
202306 2,265.517 105.200 2,446.414
202309 2,299.162 106.200 2,459.367
202312 2,320.794 106.800 2,468.560
202403 2,386.834 107.200 2,529.332
202406 2,426.123 108.200 2,547.205
202409 2,425.903 108.900 2,530.602
202503 2,474.511 111.100 2,530.193
202506 2,514.126 111.700 2,556.891
202509 2,603.710 112.000 2,640.906
202512 2,642.822 113.000 2,656.855
202603 2,723.466 112.700 2,745.215
202606 2,848.397 113.600 2,848.397

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 0.72 mean?
Chuo Warehouse Co (TSE:9319) has a Cyclically Adjusted PB Ratio of 0.72 as of Aug. 13, 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 Chuo Warehouse Co and its competitors. This is 26% above median its historical median of 0.57. Over the past decade, Chuo Warehouse Co's Cyclically Adjusted PB Ratio has ranged from 0.45 to 0.92. According to the industry distribution chart, Chuo Warehouse Co ranks #172 out of 721 companies in the Business Services industry, placing it in the top 23.9%.
Is Chuo Warehouse Co's Cyclically Adjusted PB Ratio too high?
Chuo Warehouse Co's current Cyclically Adjusted PB Ratio of 0.72 is 26% above median its 10-year median of 0.57. Over the past 10 years, this metric has ranged from a low of 0.45 to a high of 0.92. The Business Services industry median Cyclically Adjusted PB Ratio is 1.53. Chuo Warehouse Co's value of 0.72 is 52.9% below this industry median. Based on the distribution chart, Chuo Warehouse Co ranks #172 out of 721 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, Chuo Warehouse Co has a GF Score™ of 72/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Chuo Warehouse Co's Cyclically Adjusted PB Ratio compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Chuo Warehouse Co ranks #172 out of 721 companies for Cyclically Adjusted PB Ratio. This places Chuo Warehouse Co in the top 24% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.53. Chuo Warehouse Co's value of 0.72 is 52.9% below this benchmark. Historically, Chuo Warehouse Co's own Cyclically Adjusted PB Ratio has ranged from 0.45 to 0.92 over the past decade. While the company's 10-year median is 0.57 vs. the industry median of 1.53, Chuo Warehouse 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 Business Services company?
The median Cyclically Adjusted PB Ratio among Business Services companies is 1.53, based on 721 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. Chuo Warehouse Co's current Cyclically Adjusted PB Ratio of 0.72 is 52.9% 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 Chuo Warehouse Co and its competitors. For the Business Services industry, the median Cyclically Adjusted PB Ratio is 1.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chuo Warehouse Co's current Cyclically Adjusted PB Ratio is 0.72, which is 26% above median its own 10-year median of 0.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chuo Warehouse Co stock overvalued right now?
Based on GuruFocus' analysis, Chuo Warehouse Co (TSE:9319) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,510.71, compared to a current price of 円1,736.00 — trading 14.9% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.72, which is 26% above median its 10-year median of 0.57 and 52.9% below the Business Services industry median of 1.53. Chuo Warehouse Co's overall GF Score™ is 72/100 with 2 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 Chuo Warehouse Co (TSE:9319), the current Cyclically Adjusted PB Ratio is 0.72 as of Aug. 13, 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 Chuo Warehouse Co (TSE:9319) Overvalued in 2026?

Based on GuruFocus' analysis, Chuo Warehouse Co stock appears to be overvalued. The current stock price of 円1,736.00 is trading 14.9% above its estimated GF Value™ of 円1,510.71. GuruFocus considers Chuo Warehouse Co to be Modestly Overvalued.

Key valuation signals for TSE:9319:

  • Cyclically Adjusted PB Ratio: 0.72 (26% above median its 10-year median of 0.57)
  • GF Value™: 円1,510.71 vs. price of 円1,736.00 (14.9% above fair value)
  • GF Score™: 72/100 with 2 warning signs
  • Industry Position: 52.9% below the Business Services median (#172 of 721)

No single metric tells the full story. See the TSE:9319 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Chuo Warehouse Co Business Description

Address 41 Uchihatacho, Suzaku, Shimogyo Ward, Kyoto, JPN, 600-8843
Chuo Warehouse Co Ltd provides business services. The company operates in three business segments: Domestic logistics, International Freight, and Real Estate leasing. The Domestic logistics business operates warehousing and transportation businesses. The International Freight business division is engaged in the packing and customs clearance businesses. The Real Estate leasing division is in the rental business of real estate (buildings, land, etc.), other than logistics facilities. The company generates the majority of its revenue from the Domestic logistics business.
72GF Score

Get the complete analysis for TSE:9319

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

円1,736.00
Price
円1,510.71
GF Value