Hakuyosha Co (TSE:9731) Cyclically Adjusted PB Ratio: 1.50 (As of Aug. 06, 2026) — 15% Above Median

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TSE:9731 Hakuyosha Co Ltd TSE:9731
66 GF Score
Price 円3,450.00
GF Value 円2,813.62
Valuation Modestly Overvalued
! 2 Warning Signs
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What is Hakuyosha Co Cyclically Adjusted PB Ratio?

Hakuyosha Co TSE:9731 +0.88% 66 Cyclically Adjusted PB Ratio is 1.50 as of Aug. 06, 2026, which is 15% above its 10-year median of 1.30. GuruFocus rates TSE:9731 with a GF Score™ of 66/100 and a GF Value™ of 円2,813.62 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 66 Personal Services companies, Hakuyosha Co ranks better than 51.52% on this metric.

As of today (2026-08-06), Hakuyosha Co's current share price is 円3450.00. Hakuyosha Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was 円2,300.39. Hakuyosha Co's Cyclically Adjusted PB Ratio for today is 1.50.

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

TSE:9731' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.59   Med: 1.3   Max: 1.71
Current: 1.49

During the past years, Hakuyosha Co's highest Cyclically Adjusted PB Ratio was 1.71. The lowest was 0.59. And the median was 1.30.

TSE:9731's Cyclically Adjusted PB Ratio is ranked better than
51.52% of 66 companies
in the Personal Services industry
Industry Median: 1.71 vs TSE:9731: 1.49

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.

Hakuyosha Co's adjusted book value per share data for the three months ended in Dec. 2025 was 円3,365.243. 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2,300.39 for the trailing ten years ended in Dec. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hakuyosha Co  (TSE:9731) 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.


Hakuyosha Co Cyclically Adjusted PB Ratio Related Terms


Hakuyosha Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Hakuyosha 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.

Hakuyosha Co Cyclically Adjusted PB Ratio Chart

Hakuyosha 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 0.83 0.90 1.15 1.02 1.39

Hakuyosha Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24 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 1.32 1.46 1.48 1.39 0.00

TSE:9731 vs ROL, SCI, HRB: Cyclically Adjusted PB Ratio Comparison

For the Personal Services subindustry, Hakuyosha 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.


Hakuyosha Co Cyclically Adjusted PB Ratio vs Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, Hakuyosha Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TSE:9731
66GF Score
Hakuyosha Co Ltd TSE:9731
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hakuyosha 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3450.00/2300.39
=1.50

* 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.

Hakuyosha Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 is calculated as:

For example, Hakuyosha Co's adjusted Book Value per Share data for the three months ended in Dec. 2025 was:

Adj_Book=Book Value per Share/CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=3365.243/113.0000*113.0000
=3,365.243

Current CPI (Dec. 2025) = 113.0000.

Hakuyosha Co Quarterly Data

Book Value per Share CPI Adj_Book
201512 1,954.296 98.100 2,251.126
201603 1,803.343 97.900 2,081.489
201606 2,065.814 98.100 2,379.582
201609 2,052.233 98.000 2,366.350
201612 2,145.991 98.400 2,464.400
201703 2,059.807 98.100 2,372.662
201706 2,452.599 98.500 2,813.641
201709 2,430.138 98.800 2,779.409
201712 2,562.237 99.400 2,912.805
201803 2,383.666 99.200 2,715.265
201806 2,696.691 99.200 3,071.836
201809 2,659.139 99.900 3,007.835
201812 2,458.651 99.700 2,786.636
201903 2,245.209 99.700 2,544.720
201906 2,346.810 99.800 2,657.210
201909 2,378.315 100.100 2,684.811
201912 2,460.828 100.500 2,766.901
202003 2,124.505 100.300 2,393.510
202006 1,738.591 99.900 1,966.574
202009 1,352.150 99.900 1,529.459
202012 1,515.168 99.300 1,724.209
202103 1,250.857 99.900 1,414.883
202106 1,521.762 99.500 1,728.232
202109 1,344.764 100.100 1,518.065
202112 1,118.348 100.100 1,262.471
202203 1,130.262 101.100 1,263.300
202206 1,276.939 101.800 1,417.427
202209 1,511.517 103.100 1,656.658
202212 1,607.360 104.100 1,744.781
202303 1,517.077 104.400 1,642.047
202306 1,751.390 105.200 1,881.246
202309 1,965.316 106.200 2,091.155
202312 2,199.735 106.800 2,327.435
202403 2,159.301 107.200 2,276.129
202406 2,427.593 108.200 2,535.287
202412 2,758.712 110.700 2,816.029
202503 2,705.385 111.100 2,751.652
202506 2,931.962 111.700 2,966.085
202509 3,059.863 112.000 3,087.183
202512 3,365.243 113.000 3,365.243

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 1.50 mean?
Hakuyosha Co (TSE:9731) has a Cyclically Adjusted PB Ratio of 1.50 as of Aug. 06, 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 Hakuyosha Co and its competitors. This is 15% above median its historical median of 1.30. Over the past decade, Hakuyosha Co's Cyclically Adjusted PB Ratio has ranged from 0.59 to 1.71. According to the industry distribution chart, Hakuyosha Co ranks #32 out of 66 companies in the Personal Services industry, placing it in the top 48.5%.
Is Hakuyosha Co's Cyclically Adjusted PB Ratio too high?
Hakuyosha Co's current Cyclically Adjusted PB Ratio of 1.50 is 15% above median its 10-year median of 1.30. Over the past 10 years, this metric has ranged from a low of 0.59 to a high of 1.71. The Personal Services industry median Cyclically Adjusted PB Ratio is 1.71. Hakuyosha Co's value of 1.50 is 12.3% below this industry median. Based on the distribution chart, Hakuyosha Co ranks #32 out of 66 companies in the Personal Services industry, which is above the industry midpoint. Overall, Hakuyosha Co has a GF Score™ of 66/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hakuyosha Co's Cyclically Adjusted PB Ratio compare to ROL and SCI?
According to the Personal Services industry distribution chart, Hakuyosha Co ranks #32 out of 66 companies for Cyclically Adjusted PB Ratio. This puts Hakuyosha Co in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.71. Hakuyosha Co's value of 1.50 is 12.3% below this benchmark. Historically, Hakuyosha Co's own Cyclically Adjusted PB Ratio has ranged from 0.59 to 1.71 over the past decade. While the company's 10-year median is 1.30 vs. the industry median of 1.71, Hakuyosha 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 Personal Services company?
The median Cyclically Adjusted PB Ratio among Personal Services companies is 1.71, based on 66 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. Hakuyosha Co's current Cyclically Adjusted PB Ratio of 1.50 is 12.3% 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 Hakuyosha Co and its competitors. For the Personal Services industry, the median Cyclically Adjusted PB Ratio is 1.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hakuyosha Co's current Cyclically Adjusted PB Ratio is 1.50, which is 15% above median its own 10-year median of 1.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hakuyosha Co stock overvalued right now?
Based on GuruFocus' analysis, Hakuyosha Co (TSE:9731) is currently considered Modestly Overvalued. The stock's GF Value™ is 円2,813.62, compared to a current price of 円3,450.00 — trading 22.6% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.50, which is 15% above median its 10-year median of 1.30 and 12.3% below the Personal Services industry median of 1.71. Hakuyosha Co's overall GF Score™ is 66/100 with 2 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 Hakuyosha Co (TSE:9731), the current Cyclically Adjusted PB Ratio is 1.50 as of Aug. 06, 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 Hakuyosha Co (TSE:9731) Overvalued in 2026?

Based on GuruFocus' analysis, Hakuyosha Co stock appears to be overvalued. The current stock price of 円3,450.00 is trading 22.6% above its estimated GF Value™ of 円2,813.62. GuruFocus considers Hakuyosha Co to be Modestly Overvalued.

Key valuation signals for TSE:9731:

  • Cyclically Adjusted PB Ratio: 1.50 (15% above median its 10-year median of 1.30)
  • GF Value™: 円2,813.62 vs. price of 円3,450.00 (22.6% above fair value)
  • GF Score™: 66/100 with 2 warning signs
  • Industry Position: 12.3% below the Personal Services median (#32 of 66)

No single metric tells the full story. See the TSE:9731 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hakuyosha Co Business Description

Address Shimomaruko 2 - chome 11 - 8, Ota Ward, Tokyo, JPN, 150-0047
Hakuyosha Co Ltd operates in the cleaning industry. The company is organized into three business areas - Cleaning business, Rental business, and Clean Service business. The rental business consists of a uniform rental department handling uniforms such as restaurants and factories and a linen supply department handling hotel linen and restaurant tablecloths. The clean service business is divided into a dust control unit such as a rental mat/mop that provides cleanliness and comfort to shops and offices, and a house care division. The company provides services through store network and collection, and distribution route network.
66GF Score

Get the complete analysis for TSE:9731

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

円3,450.00
Price
円2,813.62
GF Value