Cox Co (TSE:9876) Cyclically Adjusted PB Ratio: 0.61 (As of Aug. 25, 2026) — 42% Above Median

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TSE:9876 Cox Co Ltd TSE:9876
65 GF Score
Price 円219.00
GF Value 円204.41
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Cox Co Cyclically Adjusted PB Ratio?

Cox Co TSE:9876 65 Cyclically Adjusted PB Ratio is 0.61 as of Aug. 25, 2026, which is 42% above its 10-year median of 0.43. GuruFocus rates TSE:9876 with a GF Score™ of 65/100 and a GF Value™ of 円204.41 (Fairly Valued). The stock has 3 warning signs investors should review. Among 736 Manufacturing - Apparel & Accessories companies, Cox Co ranks better than 64.95% on this metric.

As of today (2026-08-25), Cox Co's current share price is 円219.00. Cox Co's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2026 was 円358.61. Cox Co's Cyclically Adjusted PB Ratio for today is 0.61.

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

TSE:9876' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.19   Med: 0.43   Max: 0.82
Current: 0.61

During the past years, Cox Co's highest Cyclically Adjusted PB Ratio was 0.82. The lowest was 0.19. And the median was 0.43.

TSE:9876's Cyclically Adjusted PB Ratio is ranked better than
64.95% of 736 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.93 vs TSE:9876: 0.61

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.

Cox Co's adjusted book value per share data for the three months ended in Feb. 2026 was 円381.647. 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358.61 for the trailing ten years ended in Feb. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cox Co  (TSE:9876) 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.


Cox Co Cyclically Adjusted PB Ratio Related Terms


Cox Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Cox 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.

Cox Co Cyclically Adjusted PB Ratio Chart

Cox Co Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.27 0.38 0.62 0.51 0.70

Cox Co Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 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 0.54 0.63 0.65 0.70 0.00

TSE:9876 vs RL, LEVI, VFC: Cyclically Adjusted PB Ratio Comparison

For the Apparel Manufacturing subindustry, Cox 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.


Cox Co Cyclically Adjusted PB Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Cox Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TSE:9876
65GF Score
Cox Co Ltd TSE:9876
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cox 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=219.00/358.61
=0.61

* 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.

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

For example, Cox 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)
=381.647/112.2000*112.2000
=381.647

Current CPI (Feb. 2026) = 112.2000.

Cox Co Quarterly Data

Book Value per Share CPI Adj_Book
201602 445.683 97.800 511.305
201605 443.029 98.200 506.190
201608 414.352 97.900 474.875
201611 424.268 98.600 482.788
201702 438.229 98.100 501.216
201705 444.185 98.600 505.452
201708 441.208 98.500 502.574
201711 447.446 99.100 506.594
201802 431.188 99.500 486.224
201805 432.027 99.300 488.151
201808 398.665 99.800 448.199
201811 389.801 100.000 437.357
201902 351.017 99.700 395.026
201905 323.090 100.000 362.507
201908 306.453 100.000 343.840
201911 314.457 100.500 351.065
202002 277.458 100.300 310.377
202005 249.629 100.100 279.804
202008 262.576 100.100 294.316
202011 274.110 99.500 309.097
202102 267.848 99.800 301.128
202105 251.661 99.400 284.068
202108 230.497 99.700 259.396
202111 220.225 100.100 246.846
202202 214.888 100.700 239.428
202205 223.596 101.800 246.439
202208 231.928 102.700 253.382
202211 234.967 103.900 253.737
202302 226.884 104.000 244.773
202305 242.453 105.100 258.832
202308 262.295 105.900 277.899
202311 271.122 106.900 284.564
202402 275.578 106.900 289.241
202405 292.154 108.100 303.235
202408 309.187 109.100 317.972
202502 322.620 110.800 326.696
202505 340.594 111.800 341.813
202508 363.647 112.100 363.971
202511 375.668 113.200 372.349
202602 381.647 112.200 381.647

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 0.61 mean?
Cox Co (TSE:9876) has a Cyclically Adjusted PB Ratio of 0.61 as of Aug. 25, 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 Cox Co and its competitors. This is 42% above median its historical median of 0.43. Over the past decade, Cox Co's Cyclically Adjusted PB Ratio has ranged from 0.19 to 0.82. According to the industry distribution chart, Cox Co ranks #258 out of 736 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 35.1%.
Is Cox Co's Cyclically Adjusted PB Ratio too high?
Cox Co's current Cyclically Adjusted PB Ratio of 0.61 is 42% above median its 10-year median of 0.43. Over the past 10 years, this metric has ranged from a low of 0.19 to a high of 0.82. The Manufacturing - Apparel & Accessories industry median Cyclically Adjusted PB Ratio is 0.93. Cox Co's value of 0.61 is 34.4% below this industry median. Based on the distribution chart, Cox Co ranks #258 out of 736 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Cox Co has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Cox Co's Cyclically Adjusted PB Ratio compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Cox Co ranks #258 out of 736 companies for Cyclically Adjusted PB Ratio. This puts Cox Co in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.93. Cox Co's value of 0.61 is 34.4% below this benchmark. Historically, Cox Co's own Cyclically Adjusted PB Ratio has ranged from 0.19 to 0.82 over the past decade. While the company's 10-year median is 0.43 vs. the industry median of 0.93, Cox 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 Manufacturing - Apparel & Accessories company?
The median Cyclically Adjusted PB Ratio among Manufacturing - Apparel & Accessories companies is 0.93, based on 736 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. Cox Co's current Cyclically Adjusted PB Ratio of 0.61 is 34.4% 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 Cox Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Cyclically Adjusted PB Ratio is 0.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cox Co's current Cyclically Adjusted PB Ratio is 0.61, which is 42% above median its own 10-year median of 0.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cox Co stock overvalued right now?
Based on GuruFocus' analysis, Cox Co (TSE:9876) is currently considered Fairly Valued. The stock's GF Value™ is 円204.41, compared to a current price of 円219.00 — trading 7.1% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.61, which is 42% above median its 10-year median of 0.43 and 34.4% below the Manufacturing - Apparel & Accessories industry median of 0.93. Cox Co's overall GF Score™ is 65/100 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 Cox Co (TSE:9876), the current Cyclically Adjusted PB Ratio is 0.61 as of Aug. 25, 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 Cox Co (TSE:9876) Overvalued in 2026?

Based on GuruFocus' analysis, Cox Co stock appears to be overvalued. The current stock price of 円219.00 is trading 7.1% above its estimated GF Value™ of 円204.41. GuruFocus considers Cox Co to be Fairly Valued.

Key valuation signals for TSE:9876:

  • Cyclically Adjusted PB Ratio: 0.61 (42% above median its 10-year median of 0.43)
  • GF Value™: 円204.41 vs. price of 円219.00 (7.1% above fair value)
  • GF Score™: 65/100 with 3 warning signs
  • Industry Position: 34.4% below the Manufacturing - Apparel & Accessories median (#258 of 736)

No single metric tells the full story. See the TSE:9876 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Cox Co Business Description

Address 1-2-1 Nihonbashi Hamacho, Chuo-ku, Tokyo, JPN, 103-0007
Cox Co Ltd is engaged in planning, manufacturing, and sale of men's apparel, ladies' apparel, children's clothing, and miscellaneous good products.
65GF Score

Get the complete analysis for TSE:9876

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

円219.00
Price
円204.41
GF Value