U-Next Holdings Co (TSE:9418) Cyclically Adjusted PB Ratio: 7.17 (As of Aug. 15, 2026) — 23% Below Median

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TSE:9418 U-Next Holdings Co Ltd TSE:9418
79 GF Score
Price 円1,727.00
GF Value 円2,325.08
Valuation Modestly Undervalued
! 1 Warning Sign
View Full Analysis

What is U-Next Holdings Co Cyclically Adjusted PB Ratio?

U-Next Holdings Co TSE:9418 +1.11% 79 Cyclically Adjusted PB Ratio is 7.17 as of Aug. 15, 2026, which is 23% below its 10-year median of 9.35. GuruFocus rates TSE:9418 with a GF Score™ of 79/100 and a GF Value™ of 円2,325.08 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 458 Conglomerates companies, U-Next Holdings Co ranks worse than 94.76% on this metric.

As of today (2026-08-15), U-Next Holdings Co's current share price is 円1727.00. U-Next Holdings Co's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2026 was 円240.93. U-Next Holdings Co's Cyclically Adjusted PB Ratio for today is 7.17.

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

TSE:9418' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 6.39   Med: 9.35   Max: 11.21
Current: 7.14

During the past years, U-Next Holdings Co's highest Cyclically Adjusted PB Ratio was 11.21. The lowest was 6.39. And the median was 9.35.

TSE:9418's Cyclically Adjusted PB Ratio is ranked worse than
94.76% of 458 companies
in the Conglomerates industry
Industry Median: 1.015 vs TSE:9418: 7.14

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.

U-Next Holdings Co's adjusted book value per share data for the three months ended in Feb. 2026 was 円584.493. 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240.93 for the trailing ten years ended in Feb. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


U-Next Holdings Co  (TSE:9418) 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.


U-Next Holdings Co Cyclically Adjusted PB Ratio Related Terms


U-Next Holdings Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for U-Next Holdings 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.

U-Next Holdings Co Cyclically Adjusted PB Ratio Chart

U-Next Holdings Co Annual Data
Trend Dec15 Dec16 Dec17 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 11.09 9.58

U-Next Holdings Co Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 10.53 9.58 9.06 7.72 0.00

TSE:9418 vs MMM, HON: Cyclically Adjusted PB Ratio Comparison

For the Conglomerates subindustry, U-Next Holdings 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.


U-Next Holdings Co Cyclically Adjusted PB Ratio vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, U-Next Holdings Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where U-Next Holdings Co's Cyclically Adjusted PB Ratio falls into.


TSE:9418
79GF Score
U-Next Holdings Co Ltd TSE:9418
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

U-Next Holdings 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.

U-Next Holdings Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1727.00/240.93
=7.17

* 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.

U-Next Holdings Co's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2026 is calculated as:

For example, U-Next Holdings Co's adjusted Book Value per Share data for the three months ended in Feb. 2026 was:

Adj_Book=Book Value per Share/CPI of Feb. 2026 (Change)*Current CPI (Feb. 2026)
=584.493/112.2000*112.2000
=584.493

Current CPI (Feb. 2026) = 112.2000.

U-Next Holdings Co Quarterly Data

Book Value per Share CPI Adj_Book
201603 95.972 97.900 109.990
201606 94.133 98.100 107.663
201609 71.242 98.000 81.565
201612 75.918 98.400 86.565
201703 62.420 98.100 71.392
201706 39.863 98.500 45.407
201709 34.910 98.800 39.645
201712 66.764 99.400 75.361
201803 72.193 99.200 81.654
201806 79.769 99.200 90.223
201811 86.846 100.000 97.441
201902 92.703 99.700 104.326
201905 96.676 100.000 108.470
201908 117.221 100.000 131.522
201911 123.478 100.500 137.853
202002 128.746 100.300 144.021
202005 133.134 100.100 149.227
202008 142.760 100.100 160.017
202011 153.398 99.500 172.977
202102 164.467 99.800 184.902
202105 177.360 99.400 200.199
202108 184.916 99.700 208.100
202111 188.029 100.100 210.758
202202 199.513 100.700 222.298
202205 212.794 101.800 234.533
202208 223.430 102.700 244.098
202211 230.974 103.900 249.425
202302 210.133 104.000 226.701
202305 273.623 105.100 292.108
202308 379.661 105.900 402.247
202311 398.896 106.900 418.673
202402 423.834 106.900 444.847
202405 442.173 108.100 458.944
202408 453.860 109.100 466.756
202411 471.174 110.000 480.597
202502 498.334 110.800 504.631
202505 514.245 111.800 516.085
202508 540.923 112.100 541.406
202511 554.783 113.200 549.882
202602 584.493 112.200 584.493

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 7.17 mean?
U-Next Holdings Co (TSE:9418) has a Cyclically Adjusted PB Ratio of 7.17 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 U-Next Holdings Co and its competitors. This is 23% below median its historical median of 9.35. Over the past decade, U-Next Holdings Co's Cyclically Adjusted PB Ratio has ranged from 6.39 to 11.21. According to the industry distribution chart, U-Next Holdings Co ranks #434 out of 458 companies in the Conglomerates industry, placing it in the top 94.8%.
Is U-Next Holdings Co's Cyclically Adjusted PB Ratio too high?
U-Next Holdings Co's current Cyclically Adjusted PB Ratio of 7.17 is 23% below median its 10-year median of 9.35. Over the past 10 years, this metric has ranged from a low of 6.39 to a high of 11.21. The Conglomerates industry median Cyclically Adjusted PB Ratio is 1.02. U-Next Holdings Co's value of 7.17 is 606.4% above this industry median. Based on the distribution chart, U-Next Holdings Co ranks #434 out of 458 companies in the Conglomerates industry, which is in the bottom quartile relative to peers. Overall, U-Next Holdings Co has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does U-Next Holdings Co's Cyclically Adjusted PB Ratio compare to MMM and HON?
According to the Conglomerates industry distribution chart, U-Next Holdings Co ranks #434 out of 458 companies for Cyclically Adjusted PB Ratio. This places U-Next Holdings Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.02. U-Next Holdings Co's value of 7.17 is 606.4% above this benchmark. Historically, U-Next Holdings Co's own Cyclically Adjusted PB Ratio has ranged from 6.39 to 11.21 over the past decade. While the company's 10-year median is 9.35 vs. the industry median of 1.02, U-Next Holdings 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 Conglomerates company?
The median Cyclically Adjusted PB Ratio among Conglomerates companies is 1.02, based on 458 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. U-Next Holdings Co's current Cyclically Adjusted PB Ratio of 7.17 is 606.4% 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 U-Next Holdings Co and its competitors. For the Conglomerates industry, the median Cyclically Adjusted PB Ratio is 1.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. U-Next Holdings Co's current Cyclically Adjusted PB Ratio is 7.17, which is 23% below median its own 10-year median of 9.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is U-Next Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, U-Next Holdings Co (TSE:9418) is currently considered Modestly Undervalued. The stock's GF Value™ is 円2,325.08, compared to a current price of 円1,727.00 — trading 25.7% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 7.17, which is 23% below median its 10-year median of 9.35 and 606.4% above the Conglomerates industry median of 1.02. U-Next Holdings Co's overall GF Score™ is 79/100 with 1 warning sign 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 U-Next Holdings Co (TSE:9418), the current Cyclically Adjusted PB Ratio is 7.17 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 U-Next Holdings Co (TSE:9418) Overvalued in 2026?

Based on GuruFocus' analysis, U-Next Holdings Co stock appears to be undervalued. The current stock price of 円1,727.00 is trading 25.7% below its estimated GF Value™ of 円2,325.08. GuruFocus considers U-Next Holdings Co to be Modestly Undervalued.

Key valuation signals for TSE:9418:

  • Cyclically Adjusted PB Ratio: 7.17 (23% below median its 10-year median of 9.35)
  • GF Value™: 円2,325.08 vs. price of 円1,727.00 (25.7% below fair value)
  • GF Score™: 79/100 with 1 warning sign
  • Industry Position: 606.4% above the Conglomerates median (#434 of 458)

No single metric tells the full story. See the TSE:9418 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


U-Next Holdings Co Business Description

Address No.1, Shin-Osaki 3-chome, Meguro Central Square, Shinagawa-ku, Tokyo, JPN, 141-0021
U-Next Holdings Co Ltd is a social Dx company whose business domain through management integration, it has expanded its business into five segments that includes store service business, communications business, commercial systems business, content distribution business, and energy business.
79GF Score

Get the complete analysis for TSE:9418

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

円1,727.00
Price
円2,325.08
GF Value