Agora Hospitality Group Co (TSE:9704) Cyclically Adjusted PB Ratio: 1.18 (As of Aug. 24, 2026) — 51% Above Median

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TSE:9704 Agora Hospitality Group Co Ltd TSE:9704
58 GF Score
Price 円30.00
GF Value 円38.51
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Agora Hospitality Group Co Cyclically Adjusted PB Ratio?

Agora Hospitality Group Co TSE:9704 58 Cyclically Adjusted PB Ratio is 1.18 as of Aug. 24, 2026, which is 51% above its 10-year median of 0.78. GuruFocus rates TSE:9704 with a GF Score™ of 58/100 and a GF Value™ of 円38.51 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 623 Travel & Leisure companies, Agora Hospitality Group Co ranks better than 50.56% on this metric.

As of today (2026-08-24), Agora Hospitality Group Co's current share price is 円30.00. Agora Hospitality Group Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was 円25.38. Agora Hospitality Group Co's Cyclically Adjusted PB Ratio for today is 1.18.

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

TSE:9704' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.46   Med: 0.78   Max: 3.96
Current: 1.18

During the past years, Agora Hospitality Group Co's highest Cyclically Adjusted PB Ratio was 3.96. The lowest was 0.46. And the median was 0.78.

TSE:9704's Cyclically Adjusted PB Ratio is ranked better than
50.56% of 623 companies
in the Travel & Leisure industry
Industry Median: 1.19 vs TSE:9704: 1.18

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.

Agora Hospitality Group Co's adjusted book value per share data for the three months ended in Jun. 2026 was 円21.651. 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25.38 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Agora Hospitality Group Co  (TSE:9704) 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.


Agora Hospitality Group Co Cyclically Adjusted PB Ratio Related Terms


Agora Hospitality Group Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Agora Hospitality Group 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.

Agora Hospitality Group Co Cyclically Adjusted PB Ratio Chart

Agora Hospitality Group Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.69 0.71 0.80 1.85 1.98

Agora Hospitality Group 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 2.38 2.56 1.98 1.61 1.22

TSE:9704 vs MAR, HLT, H: Cyclically Adjusted PB Ratio Comparison

For the Lodging subindustry, Agora Hospitality Group 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.


Agora Hospitality Group Co Cyclically Adjusted PB Ratio vs Travel & Leisure Industry

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

* The bar in red indicates where Agora Hospitality Group Co's Cyclically Adjusted PB Ratio falls into.


TSE:9704
58GF Score
Agora Hospitality Group Co Ltd TSE:9704
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Agora Hospitality Group 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.

Agora Hospitality Group Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=30.00/25.38
=1.18

* 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.

Agora Hospitality Group Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Agora Hospitality Group 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)
=21.651/113.6000*113.6000
=21.651

Current CPI (Jun. 2026) = 113.6000.

Agora Hospitality Group Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 29.226 98.000 33.878
201612 29.471 98.400 34.023
201703 29.428 98.100 34.078
201706 27.773 98.500 32.031
201709 28.998 98.800 33.342
201712 32.393 99.400 37.021
201803 31.768 99.200 36.379
201806 31.469 99.200 36.037
201809 31.310 99.900 35.604
201812 30.847 99.700 35.148
201903 30.793 99.700 35.086
201906 30.986 99.800 35.271
201909 30.493 100.100 34.605
201912 30.276 100.500 34.222
202003 27.899 100.300 31.598
202006 26.083 99.900 29.660
202009 25.955 99.900 29.514
202012 25.616 99.300 29.305
202103 24.058 99.900 27.357
202106 22.472 99.500 25.656
202109 20.789 100.100 23.593
202112 19.181 100.100 21.768
202203 17.540 101.100 19.709
202206 16.362 101.800 18.259
202209 15.283 103.100 16.839
202212 14.300 104.100 15.605
202303 14.027 104.400 15.263
202306 14.122 105.200 15.250
202309 13.656 106.200 14.608
202312 13.815 106.800 14.695
202403 14.012 107.200 14.849
202406 14.669 108.200 15.401
202409 14.439 108.900 15.062
202412 14.981 110.700 15.373
202503 15.665 111.100 16.017
202506 16.785 111.700 17.071
202509 21.262 112.000 21.566
202512 21.278 113.000 21.391
202603 21.272 112.700 21.442
202606 21.651 113.600 21.651

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 1.18 mean?
Agora Hospitality Group Co (TSE:9704) has a Cyclically Adjusted PB Ratio of 1.18 as of Aug. 24, 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 Agora Hospitality Group Co and its competitors. This is 51% above median its historical median of 0.78. Over the past decade, Agora Hospitality Group Co's Cyclically Adjusted PB Ratio has ranged from 0.46 to 3.96. According to the industry distribution chart, Agora Hospitality Group Co ranks #308 out of 623 companies in the Travel & Leisure industry, placing it in the top 49.4%.
Is Agora Hospitality Group Co's Cyclically Adjusted PB Ratio too high?
Agora Hospitality Group Co's current Cyclically Adjusted PB Ratio of 1.18 is 51% above median its 10-year median of 0.78. Over the past 10 years, this metric has ranged from a low of 0.46 to a high of 3.96. The Travel & Leisure industry median Cyclically Adjusted PB Ratio is 1.19. Agora Hospitality Group Co's value of 1.18 is 0.8% below this industry median. Based on the distribution chart, Agora Hospitality Group Co ranks #308 out of 623 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, Agora Hospitality Group Co has a GF Score™ of 58/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Agora Hospitality Group Co's Cyclically Adjusted PB Ratio compare to MAR and HLT?
According to the Travel & Leisure industry distribution chart, Agora Hospitality Group Co ranks #308 out of 623 companies for Cyclically Adjusted PB Ratio. This puts Agora Hospitality Group Co in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.19. Agora Hospitality Group Co's value of 1.18 is 0.8% below this benchmark. Historically, Agora Hospitality Group Co's own Cyclically Adjusted PB Ratio has ranged from 0.46 to 3.96 over the past decade. While the company's 10-year median is 0.78 vs. the industry median of 1.19, Agora Hospitality Group 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 Travel & Leisure company?
The median Cyclically Adjusted PB Ratio among Travel & Leisure companies is 1.19, based on 623 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. Agora Hospitality Group Co's current Cyclically Adjusted PB Ratio of 1.18 is 0.8% 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 Agora Hospitality Group Co and its competitors. For the Travel & Leisure industry, the median Cyclically Adjusted PB Ratio is 1.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Agora Hospitality Group Co's current Cyclically Adjusted PB Ratio is 1.18, which is 51% above median its own 10-year median of 0.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Agora Hospitality Group Co stock overvalued right now?
Based on GuruFocus' analysis, Agora Hospitality Group Co (TSE:9704) is currently considered Modestly Undervalued. The stock's GF Value™ is 円38.51, compared to a current price of 円30.00 — trading 22.1% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.18, which is 51% above median its 10-year median of 0.78 and 0.8% below the Travel & Leisure industry median of 1.19. Agora Hospitality Group Co's overall GF Score™ is 58/100 with 3 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 Agora Hospitality Group Co (TSE:9704), the current Cyclically Adjusted PB Ratio is 1.18 as of Aug. 24, 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 Agora Hospitality Group Co (TSE:9704) Overvalued in 2026?

Based on GuruFocus' analysis, Agora Hospitality Group Co stock appears to be undervalued. The current stock price of 円30.00 is trading 22.1% below its estimated GF Value™ of 円38.51. GuruFocus considers Agora Hospitality Group Co to be Modestly Undervalued.

Key valuation signals for TSE:9704:

  • Cyclically Adjusted PB Ratio: 1.18 (51% above median its 10-year median of 0.78)
  • GF Value™: 円38.51 vs. price of 円30.00 (22.1% below fair value)
  • GF Score™: 58/100 with 3 warning signs
  • Industry Position: 0.8% below the Travel & Leisure median (#308 of 623)

No single metric tells the full story. See the TSE:9704 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Agora Hospitality Group Co Business Description

Other Exchanges 3R8:Germany
Address 5-2-6 Toranomon, Minato-ku, 7 Floor, Toranomon Dai 2 Waiko Building, Tokyo, JPN, 105-0001
Agora Hospitality Group Co Ltd operates Japanese style hotels. The company administers its business in two divisions including Hospitality business, and Other investment business. Its Hospitality business is involved in hotel operations including city hotels, business hotels, hotels inn, and resort hotels. Other investment business invests in residential buildings located in central Tokyo. It also engages in developing and selling burial plots and columbarium in Klang Valley, Malaysia, as well as developing retirement homes, village, retail shops, and hotels in Melbourne.
58GF Score

Get the complete analysis for TSE:9704

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

円30.00
Price
円38.51
GF Value