EURASIA TRAVEL Co (TSE:9376) Cyclically Adjusted PB Ratio: 1.45 (As of Aug. 22, 2026) — 69% 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:9376 EURASIA TRAVEL Co Ltd TSE:9376
43 GF Score
Price 円818.00
! 4 Warning Signs
View Full Analysis

What is EURASIA TRAVEL Co Cyclically Adjusted PB Ratio?

EURASIA TRAVEL Co TSE:9376 43 Cyclically Adjusted PB Ratio is 1.45 as of Aug. 22, 2026, which is 69% above its 10-year median of 0.86. GuruFocus rates TSE:9376 with a GF Score™ of 43/100. The stock has 4 warning signs investors should review. Among 627 Travel & Leisure companies, EURASIA TRAVEL Co ranks worse than 54.39% on this metric.

As of today (2026-08-22), EURASIA TRAVEL Co's current share price is 円818.00. EURASIA TRAVEL Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円562.78. EURASIA TRAVEL Co's Cyclically Adjusted PB Ratio for today is 1.45.

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

TSE:9376' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.5   Med: 0.86   Max: 1.69
Current: 1.43

During the past years, EURASIA TRAVEL Co's highest Cyclically Adjusted PB Ratio was 1.69. The lowest was 0.50. And the median was 0.86.

TSE:9376's Cyclically Adjusted PB Ratio is ranked worse than
54.39% of 627 companies
in the Travel & Leisure industry
Industry Median: 1.2 vs TSE:9376: 1.43

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.

EURASIA TRAVEL Co's adjusted book value per share data for the three months ended in Mar. 2026 was 円468.962. 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562.78 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


EURASIA TRAVEL Co  (TSE:9376) 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.


EURASIA TRAVEL Co Cyclically Adjusted PB Ratio Related Terms


EURASIA TRAVEL Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for EURASIA TRAVEL 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.

EURASIA TRAVEL Co Cyclically Adjusted PB Ratio Chart

EURASIA TRAVEL Co Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.04 0.80 0.77 0.88 1.27

EURASIA TRAVEL Co 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 0.89 1.27 1.46 1.47 0.00

TSE:9376 vs BKNG, ABNB, RCL: Cyclically Adjusted PB Ratio Comparison

For the Travel Services subindustry, EURASIA TRAVEL 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.


EURASIA TRAVEL Co Cyclically Adjusted PB Ratio vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, EURASIA TRAVEL Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TSE:9376
43GF Score
EURASIA TRAVEL Co Ltd TSE:9376
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

EURASIA TRAVEL 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.

EURASIA TRAVEL Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=818.00/562.78
=1.45

* 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.

EURASIA TRAVEL Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, EURASIA TRAVEL Co'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)
=468.962/112.7000*112.7000
=468.962

Current CPI (Mar. 2026) = 112.7000.

EURASIA TRAVEL Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 542.358 98.100 623.076
201609 535.232 98.000 615.517
201612 565.882 98.400 648.119
201703 568.835 98.100 653.493
201706 570.174 98.500 652.372
201709 573.886 98.800 654.625
201712 550.971 99.400 624.692
201803 545.437 99.200 619.665
201806 542.263 99.200 616.059
201809 556.034 99.900 627.278
201812 539.642 99.700 610.007
201903 544.746 99.700 615.776
201906 558.494 99.800 630.684
201909 565.132 100.100 636.267
201912 561.168 100.500 629.290
202003 561.780 100.300 631.232
202006 550.144 99.900 620.633
202009 535.086 99.900 603.646
202012 523.198 99.300 593.801
202103 516.065 99.900 582.187
202106 507.097 99.500 574.370
202109 501.521 100.100 564.650
202112 494.599 100.100 556.856
202203 489.161 101.100 545.286
202206 481.514 101.800 533.071
202209 467.998 103.100 511.575
202212 444.530 104.100 481.254
202303 439.962 104.400 474.940
202306 447.381 105.200 479.276
202309 453.256 106.200 480.998
202312 441.673 106.800 466.073
202403 459.246 107.200 482.808
202406 465.908 108.200 485.285
202409 473.895 108.900 490.431
202412 467.522 110.700 475.969
202503 480.450 111.100 487.369
202506 482.840 111.700 487.163
202509 499.821 112.000 502.945
202512 474.888 113.000 473.627
202603 468.962 112.700 468.962

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 1.45 mean?
EURASIA TRAVEL Co (TSE:9376) has a Cyclically Adjusted PB Ratio of 1.45 as of Aug. 22, 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 EURASIA TRAVEL Co and its competitors. This is 69% above median its historical median of 0.86. Over the past decade, EURASIA TRAVEL Co's Cyclically Adjusted PB Ratio has ranged from 0.50 to 1.69. According to the industry distribution chart, EURASIA TRAVEL Co ranks #341 out of 627 companies in the Travel & Leisure industry, placing it in the top 54.4%.
Is EURASIA TRAVEL Co's Cyclically Adjusted PB Ratio too high?
EURASIA TRAVEL Co's current Cyclically Adjusted PB Ratio of 1.45 is 69% above median its 10-year median of 0.86. Over the past 10 years, this metric has ranged from a low of 0.50 to a high of 1.69. The Travel & Leisure industry median Cyclically Adjusted PB Ratio is 1.20. EURASIA TRAVEL Co's value of 1.45 is 20.8% above this industry median. Based on the distribution chart, EURASIA TRAVEL Co ranks #341 out of 627 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, EURASIA TRAVEL Co has a GF Score™ of 43/100, reflecting its overall financial health beyond just this single metric.
How does EURASIA TRAVEL Co's Cyclically Adjusted PB Ratio compare to BKNG and ABNB?
According to the Travel & Leisure industry distribution chart, EURASIA TRAVEL Co ranks #341 out of 627 companies for Cyclically Adjusted PB Ratio. This places EURASIA TRAVEL Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.20. EURASIA TRAVEL Co's value of 1.45 is 20.8% above this benchmark. Historically, EURASIA TRAVEL Co's own Cyclically Adjusted PB Ratio has ranged from 0.50 to 1.69 over the past decade. While the company's 10-year median is 0.86 vs. the industry median of 1.20, EURASIA TRAVEL Co 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 Travel & Leisure company?
The median Cyclically Adjusted PB Ratio among Travel & Leisure companies is 1.20, based on 627 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. EURASIA TRAVEL Co's current Cyclically Adjusted PB Ratio of 1.45 is 20.8% 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 EURASIA TRAVEL Co and its competitors. For the Travel & Leisure industry, the median Cyclically Adjusted PB Ratio is 1.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. EURASIA TRAVEL Co's current Cyclically Adjusted PB Ratio is 1.45, which is 69% above median its own 10-year median of 0.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is EURASIA TRAVEL Co stock overvalued right now?
EURASIA TRAVEL Co (TSE:9376) has a current Cyclically Adjusted PB Ratio of 1.45. The current Cyclically Adjusted PB Ratio is 1.45, which is 69% above median its 10-year median of 0.86 and 20.8% above the Travel & Leisure industry median of 1.20. EURASIA TRAVEL Co's overall GF Score™ is 43/100 with 4 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 EURASIA TRAVEL Co (TSE:9376), the current Cyclically Adjusted PB Ratio is 1.45 as of Aug. 22, 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.

EURASIA TRAVEL Co Business Description

Address 2-6-4 Hirakawacho, Chiyoda-ku, Tokyo, JPN, 102-8642
EURASIA TRAVEL Co Ltd is engaged in planning, arranging, selling overseas domestic travel, and delegating work of overseas travel insurance.
43GF Score

Get the complete analysis for TSE:9376

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

円818.00
Price