Maruken Lease Co (TSE:9763) Cyclically Adjusted PB Ratio: 0.85 (As of Aug. 30, 2026) — 39% Above Median

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TSE:9763 Maruken Lease Co Ltd TSE:9763
68 GF Score
Price 円1,328.00
GF Value 円1,229.92
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is Maruken Lease Co Cyclically Adjusted PB Ratio?

Maruken Lease Co TSE:9763 +0.68% 68 Cyclically Adjusted PB Ratio is 0.85 as of Aug. 30, 2026, which is 39% above its 10-year median of 0.61. GuruFocus rates TSE:9763 with a GF Score™ of 68/100 and a GF Value™ of 円1,229.92 (Fairly Valued). The stock has 2 warning signs investors should review. Among 690 Business Services companies, Maruken Lease Co ranks better than 71.88% on this metric.

As of today (2026-08-30), Maruken Lease Co's current share price is 円1328.00. Maruken Lease Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円1,559.33. Maruken Lease Co's Cyclically Adjusted PB Ratio for today is 0.85.

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

TSE:9763' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.42   Med: 0.61   Max: 1.08
Current: 0.85

During the past years, Maruken Lease Co's highest Cyclically Adjusted PB Ratio was 1.08. The lowest was 0.42. And the median was 0.61.

TSE:9763's Cyclically Adjusted PB Ratio is ranked better than
71.88% of 690 companies
in the Business Services industry
Industry Median: 1.52 vs TSE:9763: 0.85

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.

Maruken Lease Co's adjusted book value per share data for the three months ended in Mar. 2026 was 円1,904.287. 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1,559.33 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Maruken Lease Co  (TSE:9763) 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.


Maruken Lease Co Cyclically Adjusted PB Ratio Related Terms


Maruken Lease Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Maruken Lease 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.

Maruken Lease Co Cyclically Adjusted PB Ratio Chart

Maruken Lease 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 0.50 0.51 0.73 0.68 0.89

Maruken Lease Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 0.67 0.75 0.87 0.89 0.00

TSE:9763 vs URI, SUNB, AER: Cyclically Adjusted PB Ratio Comparison

For the Rental & Leasing Services subindustry, Maruken Lease 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.


Maruken Lease Co Cyclically Adjusted PB Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, Maruken Lease Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TSE:9763
68GF Score
Maruken Lease Co Ltd TSE:9763
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Maruken Lease 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1328.00/1559.33
=0.85

* 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.

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

For example, Maruken Lease 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)
=1904.287/112.7000*112.7000
=1,904.287

Current CPI (Mar. 2026) = 112.7000.

Maruken Lease Co Quarterly Data

Book Value per Share CPI Adj_Book
201603 1,079.392 97.900 1,242.569
201606 1,076.992 98.100 1,237.278
201609 1,088.991 98.000 1,252.340
201612 1,129.887 98.400 1,294.088
201703 1,155.884 98.100 1,327.912
201706 1,162.984 98.500 1,330.643
201709 1,181.882 98.800 1,348.159
201712 1,218.678 99.400 1,381.741
201803 1,239.476 99.200 1,408.155
201806 1,252.675 99.200 1,423.150
201809 1,268.373 99.900 1,430.887
201812 1,289.771 99.700 1,457.946
201903 1,320.400 99.700 1,492.569
201906 1,308.700 99.800 1,477.861
201909 1,324.700 100.100 1,491.445
201912 1,362.800 100.500 1,528.234
202003 1,369.437 100.300 1,538.739
202006 1,373.337 99.900 1,549.300
202009 1,390.339 99.900 1,568.481
202012 1,428.443 99.300 1,621.204
202103 1,448.945 99.900 1,634.596
202106 1,344.834 99.500 1,523.244
202109 1,372.237 100.100 1,544.966
202112 1,393.639 100.100 1,569.062
202203 1,419.484 101.100 1,582.353
202206 1,453.228 101.800 1,608.829
202209 1,503.046 103.100 1,643.000
202212 1,538.340 104.100 1,665.427
202303 1,546.744 104.400 1,669.713
202306 1,563.445 105.200 1,674.907
202309 1,594.538 106.200 1,692.132
202312 1,622.124 106.800 1,711.736
202403 1,663.410 107.200 1,748.753
202406 1,678.117 108.200 1,747.909
202409 1,715.411 108.900 1,775.269
202503 1,766.572 111.100 1,792.013
202506 1,766.467 111.700 1,782.281
202509 1,832.633 112.000 1,844.087
202512 1,860.895 113.000 1,855.955
202603 1,904.287 112.700 1,904.287

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 0.85 mean?
Maruken Lease Co (TSE:9763) has a Cyclically Adjusted PB Ratio of 0.85 as of Aug. 30, 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 Maruken Lease Co and its competitors. This is 39% above median its historical median of 0.61. Over the past decade, Maruken Lease Co's Cyclically Adjusted PB Ratio has ranged from 0.42 to 1.08. According to the industry distribution chart, Maruken Lease Co ranks #194 out of 690 companies in the Business Services industry, placing it in the top 28.1%.
Is Maruken Lease Co's Cyclically Adjusted PB Ratio too high?
Maruken Lease Co's current Cyclically Adjusted PB Ratio of 0.85 is 39% above median its 10-year median of 0.61. Over the past 10 years, this metric has ranged from a low of 0.42 to a high of 1.08. The Business Services industry median Cyclically Adjusted PB Ratio is 1.52. Maruken Lease Co's value of 0.85 is 44.1% below this industry median. Based on the distribution chart, Maruken Lease Co ranks #194 out of 690 companies in the Business Services industry, which is above the industry midpoint. Overall, Maruken Lease Co has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Maruken Lease Co's Cyclically Adjusted PB Ratio compare to URI and SUNB?
According to the Business Services industry distribution chart, Maruken Lease Co ranks #194 out of 690 companies for Cyclically Adjusted PB Ratio. This puts Maruken Lease Co in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.52. Maruken Lease Co's value of 0.85 is 44.1% below this benchmark. Historically, Maruken Lease Co's own Cyclically Adjusted PB Ratio has ranged from 0.42 to 1.08 over the past decade. While the company's 10-year median is 0.61 vs. the industry median of 1.52, Maruken Lease 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 Business Services company?
The median Cyclically Adjusted PB Ratio among Business Services companies is 1.52, based on 690 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. Maruken Lease Co's current Cyclically Adjusted PB Ratio of 0.85 is 44.1% 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 Maruken Lease Co and its competitors. For the Business Services industry, the median Cyclically Adjusted PB Ratio is 1.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Maruken Lease Co's current Cyclically Adjusted PB Ratio is 0.85, which is 39% above median its own 10-year median of 0.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maruken Lease Co stock overvalued right now?
Based on GuruFocus' analysis, Maruken Lease Co (TSE:9763) is currently considered Fairly Valued. The stock's GF Value™ is 円1,229.92, compared to a current price of 円1,328.00 — trading 8% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.85, which is 39% above median its 10-year median of 0.61 and 44.1% below the Business Services industry median of 1.52. Maruken Lease Co's overall GF Score™ is 68/100 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 Maruken Lease Co (TSE:9763), the current Cyclically Adjusted PB Ratio is 0.85 as of Aug. 30, 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 Maruken Lease Co (TSE:9763) Overvalued in 2026?

Based on GuruFocus' analysis, Maruken Lease Co stock appears to be overvalued. The current stock price of 円1,328.00 is trading 8% above its estimated GF Value™ of 円1,229.92. GuruFocus considers Maruken Lease Co to be Fairly Valued.

Key valuation signals for TSE:9763:

  • Cyclically Adjusted PB Ratio: 0.85 (39% above median its 10-year median of 0.61)
  • GF Value™: 円1,229.92 vs. price of 円1,328.00 (8% above fair value)
  • GF Score™: 68/100 with 2 warning signs
  • Industry Position: 44.1% below the Business Services median (#194 of 690)

No single metric tells the full story. See the TSE:9763 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Maruken Lease Co Business Description

Address 2-4-1 Shiba Park, 105-0011 Shiba Park Building A 9th Floor, Minato-ku, Tokyo, JPN, 105-0011
Maruken Lease Co Ltd is engaged in Rental, sales, repair, processing, etc. of heavy temporary steel materials for construction (steel sheet piles, H-beams, steel retaining walls, road surface lining plates, steel plates, etc.), as well as the installation of these piles, retaining walls, and underground diaphragm wall construction.
68GF Score

Get the complete analysis for TSE:9763

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

円1,328.00
Price
円1,229.92
GF Value