Azuma Shipping Co (TSE:9380) Cyclically Adjusted PB Ratio: 0.66 (As of Aug. 08, 2026) — 14% Above Median

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TSE:9380 Azuma Shipping Co Ltd TSE:9380
63 GF Score
Price 円417.00
GF Value 円324.26
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Azuma Shipping Co Cyclically Adjusted PB Ratio?

Azuma Shipping Co TSE:9380 +0.48% 63 Cyclically Adjusted PB Ratio is 0.66 as of Aug. 08, 2026, which is 14% above its 10-year median of 0.58. GuruFocus rates TSE:9380 with a GF Score™ of 63/100 and a GF Value™ of 円324.26 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 734 Transportation companies, Azuma Shipping Co ranks better than 77.93% on this metric.

As of today (2026-08-08), Azuma Shipping Co's current share price is 円417.00. Azuma Shipping Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円627.24. Azuma Shipping Co's Cyclically Adjusted PB Ratio for today is 0.66.

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

TSE:9380' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.43   Med: 0.58   Max: 1
Current: 0.66

During the past years, Azuma Shipping Co's highest Cyclically Adjusted PB Ratio was 1.00. The lowest was 0.43. And the median was 0.58.

TSE:9380's Cyclically Adjusted PB Ratio is ranked better than
77.93% of 734 companies
in the Transportation industry
Industry Median: 1.27 vs TSE:9380: 0.66

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.

Azuma Shipping Co's adjusted book value per share data for the three months ended in Mar. 2026 was 円664.946. 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627.24 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Azuma Shipping Co  (TSE:9380) 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.


Azuma Shipping Co Cyclically Adjusted PB Ratio Related Terms


Azuma Shipping Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Azuma Shipping 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.

Azuma Shipping Co Cyclically Adjusted PB Ratio Chart

Azuma Shipping 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 0.56 0.51 0.51 0.54 0.65

Azuma Shipping Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.54 0.00 0.00 0.00 0.65

Azuma Shipping Co Cyclically Adjusted PB Ratio Competitor Comparison

For the Marine Shipping subindustry, Azuma Shipping 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.


Azuma Shipping Co Cyclically Adjusted PB Ratio vs Transportation Industry

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

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


TSE:9380
63GF Score
Azuma Shipping Co Ltd TSE:9380
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Azuma Shipping 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.

Azuma Shipping Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=417.00/627.24
=0.66

* 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.

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

For example, Azuma Shipping 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)
=664.946/112.7000*112.7000
=664.946

Current CPI (Mar. 2026) = 112.7000.

Azuma Shipping Co Quarterly Data

Book Value per Share CPI Adj_Book
201603 511.729 97.900 589.089
201606 505.319 98.100 580.524
201609 511.430 98.000 588.145
201612 523.909 98.400 600.046
201703 533.430 98.100 612.819
201706 533.666 98.500 610.601
201709 540.194 98.800 616.193
201712 549.305 99.400 622.804
201803 544.901 99.200 619.056
201806 542.343 99.200 616.150
201809 550.937 99.900 621.528
201812 549.545 99.700 621.201
201903 539.892 99.700 610.289
201906 536.002 99.800 605.285
201909 536.112 100.100 603.595
201912 543.562 100.500 609.547
202003 537.071 100.300 603.469
202006 537.642 99.900 606.529
202009 543.379 99.900 613.001
202012 552.257 99.300 626.781
202103 554.434 99.900 625.473
202106 555.808 99.500 629.543
202109 569.122 100.100 640.760
202112 571.837 100.100 643.816
202203 577.230 101.100 643.460
202206 582.919 101.800 645.334
202209 589.399 103.100 644.280
202212 594.628 104.100 643.752
202303 581.209 104.400 627.416
202306 584.866 105.200 626.563
202309 592.478 106.200 628.741
202312 591.178 106.800 623.837
202403 603.648 107.200 634.619
202406 608.310 108.200 633.609
202409 610.763 108.900 632.075
202503 621.883 111.100 630.839
202506 616.589 111.700 622.109
202509 625.451 112.000 629.360
202512 637.979 113.000 636.285
202603 664.946 112.700 664.946

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 0.66 mean?
Azuma Shipping Co (TSE:9380) has a Cyclically Adjusted PB Ratio of 0.66 as of Aug. 08, 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 Azuma Shipping Co and its competitors. This is 14% above median its historical median of 0.58. Over the past decade, Azuma Shipping Co's Cyclically Adjusted PB Ratio has ranged from 0.43 to 1.00. According to the industry distribution chart, Azuma Shipping Co ranks #162 out of 734 companies in the Transportation industry, placing it in the top 22.1%.
Is Azuma Shipping Co's Cyclically Adjusted PB Ratio too high?
Azuma Shipping Co's current Cyclically Adjusted PB Ratio of 0.66 is 14% above median its 10-year median of 0.58. Over the past 10 years, this metric has ranged from a low of 0.43 to a high of 1.00. The Transportation industry median Cyclically Adjusted PB Ratio is 1.27. Azuma Shipping Co's value of 0.66 is 48% below this industry median. Based on the distribution chart, Azuma Shipping Co ranks #162 out of 734 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Azuma Shipping Co has a GF Score™ of 63/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Azuma Shipping Co's Cyclically Adjusted PB Ratio compare to competitors?
According to the Transportation industry distribution chart, Azuma Shipping Co ranks #162 out of 734 companies for Cyclically Adjusted PB Ratio. This places Azuma Shipping Co in the top 22% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.27. Azuma Shipping Co's value of 0.66 is 48% below this benchmark. Historically, Azuma Shipping Co's own Cyclically Adjusted PB Ratio has ranged from 0.43 to 1.00 over the past decade. While the company's 10-year median is 0.58 vs. the industry median of 1.27, Azuma Shipping 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 Transportation company?
The median Cyclically Adjusted PB Ratio among Transportation companies is 1.27, based on 734 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. Azuma Shipping Co's current Cyclically Adjusted PB Ratio of 0.66 is 48% 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 Azuma Shipping Co and its competitors. For the Transportation industry, the median Cyclically Adjusted PB Ratio is 1.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Azuma Shipping Co's current Cyclically Adjusted PB Ratio is 0.66, which is 14% above median its own 10-year median of 0.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Azuma Shipping Co stock overvalued right now?
Based on GuruFocus' analysis, Azuma Shipping Co (TSE:9380) is currently considered Modestly Overvalued. The stock's GF Value™ is 円324.26, compared to a current price of 円417.00 — trading 28.6% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.66, which is 14% above median its 10-year median of 0.58 and 48% below the Transportation industry median of 1.27. Azuma Shipping Co's overall GF Score™ is 63/100 with 5 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 Azuma Shipping Co (TSE:9380), the current Cyclically Adjusted PB Ratio is 0.66 as of Aug. 08, 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 Azuma Shipping Co (TSE:9380) Overvalued in 2026?

Based on GuruFocus' analysis, Azuma Shipping Co stock appears to be overvalued. The current stock price of 円417.00 is trading 28.6% above its estimated GF Value™ of 円324.26. GuruFocus considers Azuma Shipping Co to be Modestly Overvalued.

Key valuation signals for TSE:9380:

  • Cyclically Adjusted PB Ratio: 0.66 (14% above median its 10-year median of 0.58)
  • GF Value™: 円324.26 vs. price of 円417.00 (28.6% above fair value)
  • GF Score™: 63/100 with 5 warning signs
  • Industry Position: 48% below the Transportation median (#162 of 734)

No single metric tells the full story. See the TSE:9380 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Azuma Shipping Co Business Description

Address 3-2, Nihonbashi Hamacho 3-Chome, Tokyo, JPN
Azuma Shipping Co Ltd is engaged in port transportation, maritime transportation, inland navigation business, freight car transportation, warehousing, sale and repair of the ship, cargo transportation, customs brokerage, supervision and consultancy of new ship creation and repair.
63GF Score

Get the complete analysis for TSE:9380

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

円417.00
Price
円324.26
GF Value