UNICY (Unicharm) Cyclically Adjusted PB Ratio: 2.96 (As of Aug. 01, 2026) — 53% Below Median

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UNICY Unicharm Corp UNICY
76 GF Score
Price $3.11
GF Value $4.09
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Unicharm Cyclically Adjusted PB Ratio?

Unicharm UNICY -0.96% 76 Cyclically Adjusted PB Ratio is 2.96 as of Aug. 01, 2026, which is 53% below its 10-year median of 6.24. GuruFocus rates UNICY with a GF Score™ of 76/100 and a GF Value™ of $4.09 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,430 Consumer Packaged Goods companies, Unicharm ranks worse than 78.39% on this metric.

As of today (2026-08-01), Unicharm's current share price is $3.11. Unicharm's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $1.05. Unicharm's Cyclically Adjusted PB Ratio for today is 2.96.

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

UNICY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.69   Med: 6.24   Max: 8.46
Current: 2.85

During the past years, Unicharm's highest Cyclically Adjusted PB Ratio was 8.46. The lowest was 2.69. And the median was 6.24.

UNICY's Cyclically Adjusted PB Ratio is ranked worse than
78.39% of 1430 companies
in the Consumer Packaged Goods industry
Industry Median: 1.25 vs UNICY: 2.85

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.

Unicharm's adjusted book value per share data for the three months ended in Mar. 2026 was $1.435. 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 $1.05 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Unicharm  (OTCPK:UNICY) 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.


Unicharm Cyclically Adjusted PB Ratio Related Terms


Unicharm Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Unicharm'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.

Unicharm Cyclically Adjusted PB Ratio Chart

Unicharm 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 7.33 6.59 6.09 4.28 2.70

Unicharm Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 3.84 3.29 2.98 2.70 2.77

UNICY vs PG, CL, KVUE: Cyclically Adjusted PB Ratio Comparison

For the Household & Personal Products subindustry, Unicharm'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.


Unicharm Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Unicharm's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


UNICY
76GF Score
Unicharm Corp UNICY
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Unicharm 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3.11/1.05
=2.96

* 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.

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

For example, Unicharm'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)
=1.435/112.7000*112.7000
=1.435

Current CPI (Mar. 2026) = 112.7000.

Unicharm Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.962 98.100 1.105
201609 0.967 98.000 1.112
201612 0.856 98.400 0.980
201703 0.870 98.100 0.999
201706 0.920 98.500 1.053
201709 0.966 98.800 1.102
201712 0.976 99.400 1.107
201803 1.040 99.200 1.182
201806 1.099 99.200 1.249
201809 1.128 99.900 1.273
201812 1.099 99.700 1.242
201903 1.127 99.700 1.274
201906 1.158 99.800 1.308
201909 1.187 100.100 1.336
201912 1.212 100.500 1.359
202003 1.208 100.300 1.357
202006 1.220 99.900 1.376
202009 1.255 99.900 1.416
202012 1.321 99.300 1.499
202103 1.336 99.900 1.507
202106 1.333 99.500 1.510
202109 1.357 100.100 1.528
202112 1.369 100.100 1.541
202203 1.386 101.100 1.545
202206 1.310 101.800 1.450
202209 1.236 103.100 1.351
202212 1.289 104.100 1.395
202303 1.331 104.400 1.437
202306 1.318 105.200 1.412
202309 1.294 106.200 1.373
202312 1.364 106.800 1.439
202403 1.359 107.200 1.429
202406 1.348 108.200 1.404
202409 0.000 108.900 0.000
202412 1.429 110.700 1.455
202503 1.449 111.100 1.470
202506 1.509 111.700 1.523
202509 1.491 112.000 1.500
202512 1.465 113.000 1.461
202603 1.435 112.700 1.435

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 2.96 mean?
Unicharm (UNICY) has a Cyclically Adjusted PB Ratio of 2.96 as of Aug. 01, 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 Unicharm and its competitors. This is 53% below median its historical median of 6.24. Over the past decade, Unicharm's Cyclically Adjusted PB Ratio has ranged from 2.69 to 8.46. According to the industry distribution chart, Unicharm ranks #1121 out of 1430 companies in the Consumer Packaged Goods industry, placing it in the top 78.4%.
Is Unicharm's Cyclically Adjusted PB Ratio too high?
Unicharm's current Cyclically Adjusted PB Ratio of 2.96 is 53% below median its 10-year median of 6.24. Over the past 10 years, this metric has ranged from a low of 2.69 to a high of 8.46. The Consumer Packaged Goods industry median Cyclically Adjusted PB Ratio is 1.25. Unicharm's value of 2.96 is 136.8% above this industry median. Based on the distribution chart, Unicharm ranks #1121 out of 1430 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Unicharm has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Unicharm's Cyclically Adjusted PB Ratio compare to PG and CL?
According to the Consumer Packaged Goods industry distribution chart, Unicharm ranks #1121 out of 1430 companies for Cyclically Adjusted PB Ratio. This places Unicharm in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.25. Unicharm's value of 2.96 is 136.8% above this benchmark. Historically, Unicharm's own Cyclically Adjusted PB Ratio has ranged from 2.69 to 8.46 over the past decade. While the company's 10-year median is 6.24 vs. the industry median of 1.25, Unicharm has consistently been above 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 Consumer Packaged Goods company?
The median Cyclically Adjusted PB Ratio among Consumer Packaged Goods companies is 1.25, based on 1,430 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. Unicharm's current Cyclically Adjusted PB Ratio of 2.96 is 136.8% above 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 Unicharm and its competitors. For the Consumer Packaged Goods industry, the median Cyclically Adjusted PB Ratio is 1.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Unicharm's current Cyclically Adjusted PB Ratio is 2.96, which is 53% below median its own 10-year median of 6.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Unicharm stock overvalued right now?
Based on GuruFocus' analysis, Unicharm (UNICY) is currently considered Modestly Undervalued. The stock's GF Value™ is $4.09, compared to a current price of $3.11 — trading 24% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.96, which is 53% below median its 10-year median of 6.24 and 136.8% above the Consumer Packaged Goods industry median of 1.25. Unicharm's overall GF Score™ is 76/100 with 4 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 Unicharm (UNICY), the current Cyclically Adjusted PB Ratio is 2.96 as of Aug. 01, 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 Unicharm (UNICY) Overvalued in 2026?

Based on GuruFocus' analysis, Unicharm stock appears to be undervalued. The current stock price of $3.11 is trading 24% below its estimated GF Value™ of $4.09. GuruFocus considers Unicharm to be Modestly Undervalued.

Key valuation signals for UNICY:

  • Cyclically Adjusted PB Ratio: 2.96 (53% below median its 10-year median of 6.24)
  • GF Value™: $4.09 vs. price of $3.11 (24% below fair value)
  • GF Score™: 76/100 with 4 warning signs
  • Industry Position: 136.8% above the Consumer Packaged Goods median (#1121 of 1430)

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


Unicharm Business Description

Address 3-5-19, Mita, Sumitomo Fudosan Tokyo Mita Garden Tower, Minato-ku, Tokyo, JPN, 108-8575
Focusing on personal hygiene products utilizing nonwoven fabric, Unicharm is the largest manufacturer of disposable baby diapers and feminine sanitary and adult incontinence products in Japan and Asia. Its personal care business accounted for around 80% of its sales as of 2025, with the balance mainly from pet care. Unicharm generates around 60% of its revenue from overseas, of which nearly three-fourths are from Asia, mostly China, Indonesia, and Thailand. India is the fastest-growing market, followed by Vietnam. Outside Asia, Unicharm operates in Saudi Arabia, the Americas, and Europe. Drugstores, supermarkets, baby product specialty stores, and e-commerce are the key sales channels.
76GF Score

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

$3.11
Price
$4.09
GF Value