Okinawa Cellular Telephone Co (TSE:9436) Cyclically Adjusted PB Ratio: 4.23 (As of Aug. 14, 2026) — 108% Above Median

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TSE:9436 Okinawa Cellular Telephone Co TSE:9436
82 GF Score
Price 円3,950.00
GF Value 円2,458.53
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Okinawa Cellular Telephone Co Cyclically Adjusted PB Ratio?

Okinawa Cellular Telephone Co TSE:9436 -2.95% 82 Cyclically Adjusted PB Ratio is 4.23 as of Aug. 14, 2026, which is 108% above its 10-year median of 2.03. GuruFocus rates TSE:9436 with a GF Score™ of 82/100 and a GF Value™ of 円2,458.53 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 290 Telecommunication Services companies, Okinawa Cellular Telephone Co ranks worse than 84.83% on this metric.

As of today (2026-08-14), Okinawa Cellular Telephone Co's current share price is 円3950.00. Okinawa Cellular Telephone Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was 円933.94. Okinawa Cellular Telephone Co's Cyclically Adjusted PB Ratio for today is 4.23.

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

TSE:9436' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.43   Med: 2.03   Max: 4.43
Current: 4.36

During the past years, Okinawa Cellular Telephone Co's highest Cyclically Adjusted PB Ratio was 4.43. The lowest was 1.43. And the median was 2.03.

TSE:9436's Cyclically Adjusted PB Ratio is ranked worse than
84.83% of 290 companies
in the Telecommunication Services industry
Industry Median: 1.785 vs TSE:9436: 4.36

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.

Okinawa Cellular Telephone Co's adjusted book value per share data for the three months ended in Jun. 2026 was 円1,076.608. 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933.94 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Okinawa Cellular Telephone Co  (TSE:9436) 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.


Okinawa Cellular Telephone Co Cyclically Adjusted PB Ratio Related Terms


Okinawa Cellular Telephone Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Okinawa Cellular Telephone 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.

Okinawa Cellular Telephone Co Cyclically Adjusted PB Ratio Chart

Okinawa Cellular Telephone 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 1.85 2.07 2.24 2.47 3.75

Okinawa Cellular Telephone 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 2.91 2.93 3.12 3.75 3.93

TSE:9436 vs VZ, TMUS, T: Cyclically Adjusted PB Ratio Comparison

For the Telecom Services subindustry, Okinawa Cellular Telephone 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.


Okinawa Cellular Telephone Co Cyclically Adjusted PB Ratio vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Okinawa Cellular Telephone Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Okinawa Cellular Telephone Co's Cyclically Adjusted PB Ratio falls into.


TSE:9436
82GF Score
Okinawa Cellular Telephone Co TSE:9436
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Okinawa Cellular Telephone 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.

Okinawa Cellular Telephone Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3950.00/933.94
=4.23

* 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.

Okinawa Cellular Telephone Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Okinawa Cellular Telephone Co's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=1076.608/113.6000*113.6000
=1,076.608

Current CPI (Jun. 2026) = 113.6000.

Okinawa Cellular Telephone Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 613.982 98.000 711.718
201612 620.273 98.400 716.088
201703 630.376 98.100 729.977
201706 636.036 98.500 733.540
201709 657.514 98.800 756.008
201712 665.249 99.400 760.285
201803 681.970 99.200 780.966
201806 689.102 99.200 789.133
201809 712.107 99.900 809.763
201812 715.975 99.700 815.795
201903 735.535 99.700 838.082
201906 741.293 99.800 843.796
201909 765.806 100.100 869.087
201912 773.934 100.500 874.815
202003 791.857 100.300 896.859
202006 795.607 99.900 904.714
202009 820.568 99.900 933.098
202012 831.816 99.300 951.604
202103 846.922 99.900 963.066
202106 863.257 99.500 985.588
202109 894.332 100.100 1,014.946
202112 901.628 100.100 1,023.226
202203 898.289 101.100 1,009.353
202206 903.703 101.800 1,008.454
202209 927.597 103.100 1,022.066
202212 930.716 104.100 1,015.652
202303 945.982 104.400 1,029.344
202306 930.093 105.200 1,004.359
202309 960.506 106.200 1,027.434
202312 961.344 106.800 1,022.553
202403 984.551 107.200 1,043.330
202406 982.225 108.200 1,031.245
202409 1,002.031 108.900 1,045.278
202412 1,000.593 110.700 1,026.805
202503 1,027.163 111.100 1,050.276
202506 1,025.823 111.700 1,043.272
202509 1,050.203 112.000 1,065.206
202512 1,045.797 113.000 1,051.350
202603 1,074.247 112.700 1,082.826
202606 1,076.608 113.600 1,076.608

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 4.23 mean?
Okinawa Cellular Telephone Co (TSE:9436) has a Cyclically Adjusted PB Ratio of 4.23 as of Aug. 14, 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 Okinawa Cellular Telephone Co and its competitors. This is 108% above median its historical median of 2.03. Over the past decade, Okinawa Cellular Telephone Co's Cyclically Adjusted PB Ratio has ranged from 1.43 to 4.43. According to the industry distribution chart, Okinawa Cellular Telephone Co ranks #246 out of 290 companies in the Telecommunication Services industry, placing it in the top 84.8%.
Is Okinawa Cellular Telephone Co's Cyclically Adjusted PB Ratio too high?
Okinawa Cellular Telephone Co's current Cyclically Adjusted PB Ratio of 4.23 is 108% above median its 10-year median of 2.03. Over the past 10 years, this metric has ranged from a low of 1.43 to a high of 4.43. The Telecommunication Services industry median Cyclically Adjusted PB Ratio is 1.79. Okinawa Cellular Telephone Co's value of 4.23 is 137% above this industry median. Based on the distribution chart, Okinawa Cellular Telephone Co ranks #246 out of 290 companies in the Telecommunication Services industry, which is in the bottom quartile relative to peers. Overall, Okinawa Cellular Telephone Co has a GF Score™ of 82/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Okinawa Cellular Telephone Co's Cyclically Adjusted PB Ratio compare to VZ and TMUS?
According to the Telecommunication Services industry distribution chart, Okinawa Cellular Telephone Co ranks #246 out of 290 companies for Cyclically Adjusted PB Ratio. This places Okinawa Cellular Telephone Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.79. Okinawa Cellular Telephone Co's value of 4.23 is 137% above this benchmark. Historically, Okinawa Cellular Telephone Co's own Cyclically Adjusted PB Ratio has ranged from 1.43 to 4.43 over the past decade. While the company's 10-year median is 2.03 vs. the industry median of 1.79, Okinawa Cellular Telephone 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 Telecommunication Services company?
The median Cyclically Adjusted PB Ratio among Telecommunication Services companies is 1.79, based on 290 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. Okinawa Cellular Telephone Co's current Cyclically Adjusted PB Ratio of 4.23 is 137% 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 Okinawa Cellular Telephone Co and its competitors. For the Telecommunication Services industry, the median Cyclically Adjusted PB Ratio is 1.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Okinawa Cellular Telephone Co's current Cyclically Adjusted PB Ratio is 4.23, which is 108% above median its own 10-year median of 2.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Okinawa Cellular Telephone Co stock overvalued right now?
Based on GuruFocus' analysis, Okinawa Cellular Telephone Co (TSE:9436) is currently considered Significantly Overvalued. The stock's GF Value™ is 円2,458.53, compared to a current price of 円3,950.00 — trading 60.7% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 4.23, which is 108% above median its 10-year median of 2.03 and 137% above the Telecommunication Services industry median of 1.79. Okinawa Cellular Telephone Co's overall GF Score™ is 82/100 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 Okinawa Cellular Telephone Co (TSE:9436), the current Cyclically Adjusted PB Ratio is 4.23 as of Aug. 14, 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 Okinawa Cellular Telephone Co (TSE:9436) Overvalued in 2026?

Based on GuruFocus' analysis, Okinawa Cellular Telephone Co stock appears to be overvalued. The current stock price of 円3,950.00 is trading 60.7% above its estimated GF Value™ of 円2,458.53. GuruFocus considers Okinawa Cellular Telephone Co to be Significantly Overvalued.

Key valuation signals for TSE:9436:

  • Cyclically Adjusted PB Ratio: 4.23 (108% above median its 10-year median of 2.03)
  • GF Value™: 円2,458.53 vs. price of 円3,950.00 (60.7% above fair value)
  • GF Score™: 82/100 with 6 warning signs
  • Industry Position: 137% above the Telecommunication Services median (#246 of 290)

No single metric tells the full story. See the TSE:9436 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Okinawa Cellular Telephone Co Business Description

Other Exchanges OCU:Germany
Address 1-2-1 Matsuyama, Okinawa, Naha City, JPN, 900-8540
Okinawa Cellular Telephone Co is a telecommunications company. It is engaged in telecommunications business that provides mobile services, domestic and international communication services, Internet services, etc.
82GF Score

Get the complete analysis for TSE:9436

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

円3,950.00
Price
円2,458.53
GF Value