PHYZ Holdings (TSE:9325) Cyclically Adjusted PB Ratio: 4.75 (As of Aug. 15, 2026) — 22% Below Median

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TSE:9325 PHYZ Holdings Inc TSE:9325
84 GF Score
Price 円1,076.00
GF Value 円1,654.32
Valuation Possible Value Trap
! 3 Warning Signs
View Full Analysis

What is PHYZ Holdings Cyclically Adjusted PB Ratio?

PHYZ Holdings TSE:9325 -2.45% 84 Cyclically Adjusted PB Ratio is 4.75 as of Aug. 15, 2026, which is 22% below its 10-year median of 6.09. GuruFocus rates TSE:9325 with a GF Score™ of 84/100 and a GF Value™ of 円1,654.32 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 716 Business Services companies, PHYZ Holdings ranks worse than 85.89% on this metric.

As of today (2026-08-15), PHYZ Holdings's current share price is 円1076.00. PHYZ Holdings's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar26 was 円226.65. PHYZ Holdings's Cyclically Adjusted PB Ratio for today is 4.75.

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

TSE:9325' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 4.72   Med: 6.09   Max: 9.2
Current: 4.87

During the past 12 years, PHYZ Holdings's highest Cyclically Adjusted PB Ratio was 9.20. The lowest was 4.72. And the median was 6.09.

TSE:9325's Cyclically Adjusted PB Ratio is ranked worse than
85.89% of 716 companies
in the Business Services industry
Industry Median: 1.53 vs TSE:9325: 4.87

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.

PHYZ Holdings's adjusted book value per share data of for the fiscal year that ended in Mar26 was 円432.838. 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226.65 for the trailing ten years ended in Mar26.

Shiller PE for Stocks: The True Measure of Stock Valuation


PHYZ Holdings  (TSE:9325) 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.


PHYZ Holdings Cyclically Adjusted PB Ratio Related Terms


PHYZ Holdings Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for PHYZ 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.

PHYZ Holdings Cyclically Adjusted PB Ratio Chart

PHYZ 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 9.11 5.21 5.18

PHYZ Holdings Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 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 0.00 0.00 0.00 5.18 0.00

TSE:9325 vs CTAS, CPRT, GPN: Cyclically Adjusted PB Ratio Comparison

For the Specialty Business Services subindustry, PHYZ 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.


PHYZ Holdings Cyclically Adjusted PB Ratio vs Business Services Industry

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

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


TSE:9325
84GF Score
PHYZ Holdings Inc TSE:9325
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PHYZ 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.

PHYZ Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1076.00/226.65
=4.75

* 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.

PHYZ Holdings's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar26 is calculated as:

For example, PHYZ Holdings's adjusted Book Value per Share data for the fiscal year that ended in Mar26 was:

Adj_Book=Book Value per Share/CPI of Mar26 (Change)*Current CPI (Mar26)
=432.838/112.7000*112.7000
=432.838

Current CPI (Mar26) = 112.7000.

PHYZ Holdings Annual Data

Book Value per Share CPI Adj_Book
201703 77.634 98.100 89.188
201803 107.511 99.200 122.142
201903 108.054 99.700 122.143
202003 119.381 100.300 134.140
202103 157.569 99.900 177.758
202203 191.699 101.100 213.694
202303 260.591 104.400 281.308
202403 306.197 107.200 321.907
202503 366.156 111.100 371.429
202603 432.838 112.700 432.838

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 4.75 mean?
PHYZ Holdings (TSE:9325) has a Cyclically Adjusted PB Ratio of 4.75 as of Aug. 15, 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 PHYZ Holdings and its competitors. This is 22% below median its historical median of 6.09. Over the past decade, PHYZ Holdings' Cyclically Adjusted PB Ratio has ranged from 4.72 to 9.20. According to the industry distribution chart, PHYZ Holdings ranks #615 out of 716 companies in the Business Services industry, placing it in the top 85.9%.
Is PHYZ Holdings' Cyclically Adjusted PB Ratio too high?
PHYZ Holdings' current Cyclically Adjusted PB Ratio of 4.75 is 22% below median its 10-year median of 6.09. Over the past 10 years, this metric has ranged from a low of 4.72 to a high of 9.20. The Business Services industry median Cyclically Adjusted PB Ratio is 1.53. PHYZ Holdings' value of 4.75 is 210.5% above this industry median. Based on the distribution chart, PHYZ Holdings ranks #615 out of 716 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, PHYZ Holdings has a GF Score™ of 84/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does PHYZ Holdings' Cyclically Adjusted PB Ratio compare to CTAS and CPRT?
According to the Business Services industry distribution chart, PHYZ Holdings ranks #615 out of 716 companies for Cyclically Adjusted PB Ratio. This places PHYZ Holdings in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.53. PHYZ Holdings' value of 4.75 is 210.5% above this benchmark. Historically, PHYZ Holdings' own Cyclically Adjusted PB Ratio has ranged from 4.72 to 9.20 over the past decade. While the company's 10-year median is 6.09 vs. the industry median of 1.53, PHYZ 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 Business Services company?
The median Cyclically Adjusted PB Ratio among Business Services companies is 1.53, based on 716 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. PHYZ Holdings's current Cyclically Adjusted PB Ratio of 4.75 is 210.5% 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 PHYZ Holdings 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. PHYZ Holdings's current Cyclically Adjusted PB Ratio is 4.75, which is 22% below median its own 10-year median of 6.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PHYZ Holdings stock overvalued right now?
Based on GuruFocus' analysis, PHYZ Holdings (TSE:9325) is currently considered Possible Value Trap. The stock's GF Value™ is 円1,654.32, compared to a current price of 円1,076.00 — trading 35% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 4.75, which is 22% below median its 10-year median of 6.09 and 210.5% above the Business Services industry median of 1.53. PHYZ 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 PHYZ Holdings (TSE:9325), the current Cyclically Adjusted PB Ratio is 4.75 as of Aug. 15, 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 PHYZ Holdings (TSE:9325) Overvalued in 2026?

Based on GuruFocus' analysis, PHYZ Holdings stock appears to be undervalued. The current stock price of 円1,076.00 is trading 35% below its estimated GF Value™ of 円1,654.32. GuruFocus considers PHYZ Holdings to be Possible Value Trap.

Key valuation signals for TSE:9325:

  • Cyclically Adjusted PB Ratio: 4.75 (22% below median its 10-year median of 6.09)
  • GF Value™: 円1,654.32 vs. price of 円1,076.00 (35% below fair value)
  • GF Score™: 84/100 with 3 warning signs
  • Industry Position: 210.5% above the Business Services median (#615 of 716)

No single metric tells the full story. See the TSE:9325 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


PHYZ Holdings Business Description

Address 3-4-5 Umeda Kita-ku, Mainichi Intecio 13th Floor, Osaka, JPN, 530-0001
PHYZ Holdings Inc provides total warehousing management activities including packing and delivering at the distribution center conducted by the EC company. Its services include Operation service, Logistics service, Delivery service, and Recruitment among others.
84GF Score

Get the complete analysis for TSE:9325

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

円1,076.00
Price
円1,654.32
GF Value