Gecoss (TSE:9991) Cyclically Adjusted PB Ratio: 0.97 (As of Aug. 08, 2026) — 20% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:9991 Gecoss Corp TSE:9991
73 GF Score
Price 円1,751.00
GF Value 円1,012.00
Valuation Significantly Overvalued
! 1 Warning Sign
View Full Analysis

What is Gecoss Cyclically Adjusted PB Ratio?

Gecoss TSE:9991 +0.92% 73 Cyclically Adjusted PB Ratio is 0.97 as of Aug. 08, 2026, which is 20% above its 10-year median of 0.81. GuruFocus rates TSE:9991 with a GF Score™ of 73/100 and a GF Value™ of 円1,012.00 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 729 Business Services companies, Gecoss ranks better than 67.63% on this metric.

As of today (2026-08-08), Gecoss's current share price is 円1751.00. Gecoss's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円1,803.91. Gecoss's Cyclically Adjusted PB Ratio for today is 0.97.

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

TSE:9991' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.54   Med: 0.81   Max: 1.54
Current: 0.97

During the past years, Gecoss's highest Cyclically Adjusted PB Ratio was 1.54. The lowest was 0.54. And the median was 0.81.

TSE:9991's Cyclically Adjusted PB Ratio is ranked better than
67.63% of 729 companies
in the Business Services industry
Industry Median: 1.54 vs TSE:9991: 0.97

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.

Gecoss's adjusted book value per share data for the three months ended in Mar. 2026 was 円2,118.528. 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1,803.91 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Gecoss  (TSE:9991) 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.


Gecoss Cyclically Adjusted PB Ratio Related Terms


Gecoss Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Gecoss'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.

Gecoss Cyclically Adjusted PB Ratio Chart

Gecoss 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 0.61 0.61 0.74 0.61 0.96

Gecoss Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 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 0.00 0.00 0.00 0.96 0.00

TSE:9991 vs URI, SUNB, AER: Cyclically Adjusted PB Ratio Comparison

For the Rental & Leasing Services subindustry, Gecoss'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.


Gecoss Cyclically Adjusted PB Ratio vs Business Services Industry

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

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


TSE:9991
73GF Score
Gecoss Corp TSE:9991
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Gecoss 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.

Gecoss's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1751.00/1803.91
=0.97

* 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.

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

For example, Gecoss'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)
=2118.528/112.7000*112.7000
=2,118.528

Current CPI (Mar. 2026) = 112.7000.

Gecoss Quarterly Data

Book Value per Share CPI Adj_Book
201512 1,155.385 98.100 1,327.338
201603 1,180.692 97.900 1,359.183
201606 1,175.609 98.100 1,350.572
201609 1,201.214 98.000 1,381.396
201612 1,224.814 98.400 1,402.810
201703 1,278.614 98.100 1,468.907
201706 1,288.697 98.500 1,474.479
201709 1,317.847 98.800 1,503.253
201712 1,338.178 99.400 1,517.230
201803 1,374.554 99.200 1,561.615
201806 1,385.159 99.200 1,573.664
201809 1,407.275 99.900 1,587.587
201812 1,420.847 99.700 1,606.113
201903 1,458.747 99.700 1,648.955
201906 1,461.906 99.800 1,650.870
201909 1,490.782 100.100 1,678.433
201912 1,515.977 100.500 1,700.006
202003 1,532.764 100.300 1,722.258
202006 1,538.533 99.900 1,735.662
202009 1,569.113 99.900 1,770.161
202012 1,586.504 99.300 1,800.594
202103 1,642.873 99.900 1,853.371
202106 1,575.036 99.500 1,783.985
202109 1,597.208 100.100 1,798.255
202112 1,611.688 100.100 1,814.558
202203 1,632.762 101.100 1,820.102
202206 1,625.728 101.800 1,799.799
202209 1,643.944 103.100 1,797.017
202212 1,663.507 104.100 1,800.934
202303 1,748.787 104.400 1,887.819
202306 1,756.887 105.200 1,882.140
202309 1,790.354 106.200 1,899.933
202312 1,814.262 106.800 1,914.488
202403 1,863.441 107.200 1,959.047
202409 1,903.014 108.900 1,969.419
202503 1,970.128 111.100 1,998.501
202506 1,980.794 111.700 1,998.527
202509 2,031.891 112.000 2,044.590
202512 2,037.182 113.000 2,031.774
202603 2,118.528 112.700 2,118.528

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 0.97 mean?
Gecoss (TSE:9991) has a Cyclically Adjusted PB Ratio of 0.97 as of Aug. 08, 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 Gecoss and its competitors. This is 20% above median its historical median of 0.81. Over the past decade, Gecoss' Cyclically Adjusted PB Ratio has ranged from 0.54 to 1.54. According to the industry distribution chart, Gecoss ranks #236 out of 729 companies in the Business Services industry, placing it in the top 32.4%.
Is Gecoss' Cyclically Adjusted PB Ratio too high?
Gecoss' current Cyclically Adjusted PB Ratio of 0.97 is 20% above median its 10-year median of 0.81. Over the past 10 years, this metric has ranged from a low of 0.54 to a high of 1.54. The Business Services industry median Cyclically Adjusted PB Ratio is 1.54. Gecoss' value of 0.97 is 37% below this industry median. Based on the distribution chart, Gecoss ranks #236 out of 729 companies in the Business Services industry, which is above the industry midpoint. Overall, Gecoss has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Gecoss' Cyclically Adjusted PB Ratio compare to URI and SUNB?
According to the Business Services industry distribution chart, Gecoss ranks #236 out of 729 companies for Cyclically Adjusted PB Ratio. This puts Gecoss in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.54. Gecoss' value of 0.97 is 37% below this benchmark. Historically, Gecoss' own Cyclically Adjusted PB Ratio has ranged from 0.54 to 1.54 over the past decade. While the company's 10-year median is 0.81 vs. the industry median of 1.54, Gecoss 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 1.54, based on 729 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. Gecoss's current Cyclically Adjusted PB Ratio of 0.97 is 37% 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 Gecoss and its competitors. For the Business Services industry, the median Cyclically Adjusted PB Ratio is 1.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gecoss's current Cyclically Adjusted PB Ratio is 0.97, which is 20% above median its own 10-year median of 0.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gecoss stock overvalued right now?
Based on GuruFocus' analysis, Gecoss (TSE:9991) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,012.00, compared to a current price of 円1,751.00 — trading 73% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.97, which is 20% above median its 10-year median of 0.81 and 37% below the Business Services industry median of 1.54. Gecoss' overall GF Score™ is 73/100 with 1 warning sign 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 Gecoss (TSE:9991), the current Cyclically Adjusted PB Ratio is 0.97 as of Aug. 08, 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 Gecoss (TSE:9991) Overvalued in 2026?

Based on GuruFocus' analysis, Gecoss stock appears to be overvalued. The current stock price of 円1,751.00 is trading 73% above its estimated GF Value™ of 円1,012.00. GuruFocus considers Gecoss to be Significantly Overvalued.

Key valuation signals for TSE:9991:

  • Cyclically Adjusted PB Ratio: 0.97 (20% above median its 10-year median of 0.81)
  • GF Value™: 円1,012.00 vs. price of 円1,751.00 (73% above fair value)
  • GF Score™: 73/100 with 1 warning sign
  • Industry Position: 37% below the Business Services median (#236 of 729)

No single metric tells the full story. See the TSE:9991 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Gecoss Business Description

Other Exchanges GCSSF:USA
Address 2-5-1 Koraku, Bunkyo-ku, Sumitomo Real Estate Iidabashi First Building, Tokyo, JPN, 112-0004
Gecoss Corp is a Japan-based company mainly engaged in leasing and sale of steel materials for construction work. The company offers and markets various steel products such as iron plate, H-shaped steel, steel sheet pile, steel mountain abstract, and lining plate. It also designs and undertakes construction works of piling, mountain and dismantling, and soil cement post column wall. Additionally, the company also markets, rents and construct temporary bridges.
73GF Score

Get the complete analysis for TSE:9991

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

円1,751.00
Price
円1,012.00
GF Value