Hyoki Kaiun Kaisha (TSE:9362) Cyclically Adjusted PB Ratio: 1.24 (As of Aug. 19, 2026) — 33% Above Median

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Director of Data and Quant Analytics at GuruFocus
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TSE:9362 Hyoki Kaiun Kaisha Ltd TSE:9362
62 GF Score
Price 円3,720.00
GF Value 円2,979.99
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Hyoki Kaiun Kaisha Cyclically Adjusted PB Ratio?

Hyoki Kaiun Kaisha TSE:9362 -0.27% 62 Cyclically Adjusted PB Ratio is 1.24 as of Aug. 19, 2026, which is 33% above its 10-year median of 0.93. GuruFocus rates TSE:9362 with a GF Score™ of 62/100 and a GF Value™ of 円2,979.99 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 718 Transportation companies, Hyoki Kaiun Kaisha ranks better than 53.2% on this metric.

As of today (2026-08-19), Hyoki Kaiun Kaisha's current share price is 円3720.00. Hyoki Kaiun Kaisha's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円3,007.71. Hyoki Kaiun Kaisha's Cyclically Adjusted PB Ratio for today is 1.24.

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

TSE:9362' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.61   Med: 0.93   Max: 1.67
Current: 1.2

During the past years, Hyoki Kaiun Kaisha's highest Cyclically Adjusted PB Ratio was 1.67. The lowest was 0.61. And the median was 0.93.

TSE:9362's Cyclically Adjusted PB Ratio is ranked better than
53.2% of 718 companies
in the Transportation industry
Industry Median: 1.275 vs TSE:9362: 1.20

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.

Hyoki Kaiun Kaisha's adjusted book value per share data for the three months ended in Mar. 2026 was 円4,710.833. 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3,007.71 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hyoki Kaiun Kaisha  (TSE:9362) 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.


Hyoki Kaiun Kaisha Cyclically Adjusted PB Ratio Related Terms


Hyoki Kaiun Kaisha Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Hyoki Kaiun Kaisha'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.

Hyoki Kaiun Kaisha Cyclically Adjusted PB Ratio Chart

Hyoki Kaiun Kaisha 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 0.72 1.03 1.02 1.13 1.09

Hyoki Kaiun Kaisha 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 1.26 1.25 1.35 1.09 0.00

Hyoki Kaiun Kaisha Cyclically Adjusted PB Ratio Competitor Comparison

For the Marine Shipping subindustry, Hyoki Kaiun Kaisha'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.


Hyoki Kaiun Kaisha Cyclically Adjusted PB Ratio vs Transportation Industry

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

* The bar in red indicates where Hyoki Kaiun Kaisha's Cyclically Adjusted PB Ratio falls into.


TSE:9362
62GF Score
Hyoki Kaiun Kaisha Ltd TSE:9362
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hyoki Kaiun Kaisha 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.

Hyoki Kaiun Kaisha's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3720.00/3007.71
=1.24

* 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.

Hyoki Kaiun Kaisha's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Hyoki Kaiun Kaisha'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)
=4710.833/112.7000*112.7000
=4,710.833

Current CPI (Mar. 2026) = 112.7000.

Hyoki Kaiun Kaisha Quarterly Data

Book Value per Share CPI Adj_Book
201603 1,477.599 97.900 1,700.975
201606 1,413.356 98.100 1,623.703
201609 1,523.246 98.000 1,751.733
201612 1,699.915 98.400 1,946.955
201703 1,687.236 98.100 1,938.343
201706 1,739.645 98.500 1,990.436
201709 1,835.324 98.800 2,093.533
201712 1,955.631 99.400 2,217.300
201803 1,962.329 99.200 2,229.380
201806 2,022.260 99.200 2,297.467
201809 2,102.740 99.900 2,372.160
201812 2,065.068 99.700 2,334.335
201903 2,196.918 99.700 2,483.377
201906 2,217.466 99.800 2,504.092
201909 2,229.452 100.100 2,510.082
201912 2,336.473 100.500 2,620.105
202003 2,170.377 100.300 2,438.699
202006 2,240.582 99.900 2,527.664
202009 2,467.466 99.900 2,783.618
202012 2,544.521 99.300 2,887.890
202103 2,636.986 99.900 2,974.858
202106 2,679.795 99.500 3,035.305
202109 2,809.932 100.100 3,163.630
202112 2,942.637 100.100 3,313.039
202203 2,940.426 101.100 3,277.804
202206 3,074.043 101.800 3,403.189
202209 3,226.383 103.100 3,526.803
202212 3,436.596 104.100 3,720.503
202303 3,204.911 104.400 3,459.708
202306 3,505.504 105.200 3,755.421
202309 3,677.066 106.200 3,902.122
202312 3,911.467 106.800 4,127.550
202403 3,873.109 107.200 4,071.823
202406 3,843.697 108.200 4,003.555
202409 3,864.662 108.900 3,999.517
202503 4,053.467 111.100 4,111.843
202506 4,124.478 111.700 4,161.403
202509 4,278.333 112.000 4,305.073
202512 4,043.333 113.000 4,032.598
202603 4,710.833 112.700 4,710.833

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 1.24 mean?
Hyoki Kaiun Kaisha (TSE:9362) has a Cyclically Adjusted PB Ratio of 1.24 as of Aug. 19, 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 Hyoki Kaiun Kaisha and its competitors. This is 33% above median its historical median of 0.93. Over the past decade, Hyoki Kaiun Kaisha's Cyclically Adjusted PB Ratio has ranged from 0.61 to 1.67. According to the industry distribution chart, Hyoki Kaiun Kaisha ranks #336 out of 718 companies in the Transportation industry, placing it in the top 46.8%.
Is Hyoki Kaiun Kaisha's Cyclically Adjusted PB Ratio too high?
Hyoki Kaiun Kaisha's current Cyclically Adjusted PB Ratio of 1.24 is 33% above median its 10-year median of 0.93. Over the past 10 years, this metric has ranged from a low of 0.61 to a high of 1.67. The Transportation industry median Cyclically Adjusted PB Ratio is 1.28. Hyoki Kaiun Kaisha's value of 1.24 is 2.7% below this industry median. Based on the distribution chart, Hyoki Kaiun Kaisha ranks #336 out of 718 companies in the Transportation industry, which is above the industry midpoint. Overall, Hyoki Kaiun Kaisha has a GF Score™ of 62/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hyoki Kaiun Kaisha's Cyclically Adjusted PB Ratio compare to competitors?
According to the Transportation industry distribution chart, Hyoki Kaiun Kaisha ranks #336 out of 718 companies for Cyclically Adjusted PB Ratio. This puts Hyoki Kaiun Kaisha in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.28. Hyoki Kaiun Kaisha's value of 1.24 is 2.7% below this benchmark. Historically, Hyoki Kaiun Kaisha's own Cyclically Adjusted PB Ratio has ranged from 0.61 to 1.67 over the past decade. While the company's 10-year median is 0.93 vs. the industry median of 1.28, Hyoki Kaiun Kaisha 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 718 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. Hyoki Kaiun Kaisha's current Cyclically Adjusted PB Ratio of 1.24 is 2.7% 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 Hyoki Kaiun Kaisha 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. Hyoki Kaiun Kaisha's current Cyclically Adjusted PB Ratio is 1.24, which is 33% above median its own 10-year median of 0.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hyoki Kaiun Kaisha stock overvalued right now?
Based on GuruFocus' analysis, Hyoki Kaiun Kaisha (TSE:9362) is currently considered Modestly Overvalued. The stock's GF Value™ is 円2,979.99, compared to a current price of 円3,720.00 — trading 24.8% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.24, which is 33% above median its 10-year median of 0.93 and 2.7% below the Transportation industry median of 1.28. Hyoki Kaiun Kaisha's overall GF Score™ is 62/100 with 6 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 Hyoki Kaiun Kaisha (TSE:9362), the current Cyclically Adjusted PB Ratio is 1.24 as of Aug. 19, 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 Hyoki Kaiun Kaisha (TSE:9362) Overvalued in 2026?

Based on GuruFocus' analysis, Hyoki Kaiun Kaisha stock appears to be overvalued. The current stock price of 円3,720.00 is trading 24.8% above its estimated GF Value™ of 円2,979.99. GuruFocus considers Hyoki Kaiun Kaisha to be Modestly Overvalued.

Key valuation signals for TSE:9362:

  • Cyclically Adjusted PB Ratio: 1.24 (33% above median its 10-year median of 0.93)
  • GF Value™: 円2,979.99 vs. price of 円3,720.00 (24.8% above fair value)
  • GF Score™: 62/100 with 6 warning signs
  • Industry Position: 2.7% below the Transportation median (#336 of 718)

No single metric tells the full story. See the TSE:9362 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hyoki Kaiun Kaisha Business Description

Address 3 Chome, 6 places 1, Hong Kong Island, Kobe, JPN, 650 0045
Hyoki Kaiun Kaisha Ltd is a Japan-based company engaged in the provision of shipping services. Its business activities include domestic shipping, international shipping, port transportation, warehousing, customs clearance, international multimodal transport services and trade substitution, among others. The organization has a business presence in Japan and other countries.
62GF Score

Get the complete analysis for TSE:9362

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

円3,720.00
Price
円2,979.99
GF Value