OBICY (OBIC Co) Cyclically Adjusted Book per Share: $2.25 (As of Jun. 2026)

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Director of Data and Quant Analytics at GuruFocus
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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.

OBICY OBIC Co Ltd OBICY
78 GF Score
Price $16.38
GF Value $17.94
Valuation Fairly Valued
! 2 Warning Signs
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What is OBIC Co Cyclically Adjusted Book per Share?

OBIC Co OBICY -0.61% 78 Cyclically Adjusted Book per Share is $2.25 as of Jun. 2026. GuruFocus rates OBICY with a GF Score™ of 78/100 and a GF Value™ of $17.94 (Fairly Valued). The stock has 2 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

OBIC Co's adjusted book value per share for the three months ended in Jun. 2026 was $3.518. 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 $2.25 for the trailing ten years ended in Jun. 2026.

During the past 12 months, OBIC Co's average Cyclically Adjusted Book Growth Rate was 13.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 13.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 12.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of OBIC Co was 13.50% per year. The lowest was 7.60% per year. And the median was 11.25% per year.

As of today (2026-09-15), OBIC Co's current stock price is $16.38. OBIC Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was $2.25. OBIC Co's Cyclically Adjusted PB Ratio of today is 7.28.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of OBIC Co was 12.45. The lowest was 4.54. And the median was 8.31.


OBIC Co  (OTCPK:OBICY) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

OBIC Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=16.38/2.25
=7.28

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of OBIC Co was 12.45. The lowest was 4.54. And the median was 8.31.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


OBIC Co Cyclically Adjusted Book per Share Related Terms


OBIC Co Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for OBIC Co's Cyclically Adjusted Book per Share 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.

OBIC Co Cyclically Adjusted Book per Share Chart

OBIC Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 2.26

OBIC Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted Book per Share 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 2.20 2.26 2.25

OBICY vs CRM, SHOP, UBER: Cyclically Adjusted Book per Share Comparison

For the Software - Application subindustry, OBIC 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.


OBIC Co Cyclically Adjusted PB Ratio vs Software Industry

For the Software industry and Technology sector, OBIC Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


OBICY
78GF Score
OBIC Co Ltd OBICY
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

OBIC Co Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, OBIC Co's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book= Book Value per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=3.518/113.6000*113.6000
=3.518

Current CPI (Jun. 2026) = 113.6000.

OBIC Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 1.857 98.000 2.153
201612 1.656 98.400 1.912
201703 1.791 98.100 2.074
201706 1.800 98.500 2.076
201709 1.873 98.800 2.154
201712 1.916 99.400 2.190
201803 2.087 99.200 2.390
201806 2.025 99.200 2.319
201809 2.064 99.900 2.347
201812 2.149 99.700 2.449
201903 2.219 99.700 2.528
201906 2.317 99.800 2.637
201909 2.407 100.100 2.732
201912 2.432 100.500 2.749
202003 2.483 100.300 2.812
202006 2.502 99.900 2.845
202009 2.668 99.900 3.034
202012 2.761 99.300 3.159
202103 2.707 99.900 3.078
202106 2.733 99.500 3.120
202109 2.791 100.100 3.167
202112 2.728 100.100 3.096
202203 2.727 101.100 3.064
202206 2.431 101.800 2.713
202209 2.361 103.100 2.601
202212 2.680 104.100 2.925
202303 2.778 104.400 3.023
202306 2.721 105.200 2.938
202309 2.777 106.200 2.971
202312 2.952 106.800 3.140
202403 2.994 107.200 3.173
202406 2.852 108.200 2.994
202409 3.279 108.900 3.421
202412 3.035 110.700 3.115
202503 3.298 111.100 3.372
202506 3.533 111.700 3.593
202509 3.751 112.000 3.805
202512 3.532 113.000 3.551
202603 3.743 112.700 3.773
202606 3.518 113.600 3.518

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

What does a Cyclically Adjusted Book per Share of $2.25 mean?
OBIC Co (OBICY) has a Cyclically Adjusted Book per Share of $2.25 as of Jun. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on OBIC Co and its competitors.
Is OBIC Co's Cyclically Adjusted Book per Share too high?
OBIC Co's current Cyclically Adjusted Book per Share is $2.25. Overall, OBIC Co has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does OBIC Co's Cyclically Adjusted Book per Share compare to CRM and SHOP?
OBIC Co's Cyclically Adjusted Book per Share of $2.25 can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for a Software company?
A good Cyclically Adjusted Book per Share depends on the Software industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on OBIC Co and its competitors. OBIC Co's current Cyclically Adjusted Book per Share is $2.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is OBIC Co stock overvalued right now?
Based on GuruFocus' analysis, OBIC Co (OBICY) is currently considered Fairly Valued. The stock's GF Value™ is $17.94, compared to a current price of $16.38 — trading 8.7% below its estimated fair value. The current Cyclically Adjusted Book per Share is $2.25. OBIC Co's overall GF Score™ is 78/100 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 Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For OBIC Co (OBICY), the current Cyclically Adjusted Book per Share is $2.25 as of Jun. 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 OBIC Co (OBICY) Overvalued in 2026?

Based on GuruFocus' analysis, OBIC Co stock appears to be undervalued. The current stock price of $16.38 is trading 8.7% below its estimated GF Value™ of $17.94. GuruFocus considers OBIC Co to be Fairly Valued.

Key valuation signals for OBICY:

  • Cyclically Adjusted Book per Share: $2.25
  • GF Value™: $17.94 vs. price of $16.38 (8.7% below fair value)
  • GF Score™: 78/100 with 2 warning signs

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


OBIC Co Business Description

Address 2-4-15 Kyobashi, Chuo-ku, Tokyo, JPN, 104-8328
Obic is one of Japan's largest enterprise resource planning service providers with a dominant share of the Japanese midsize corporate market. Obic has three main business lines: system integration, system support, and office automation, and, thus, offers one-stop construction and operation of information systems centered on its proprietary ERP suite. The company, which has a 57-year history, reported fiscal 2026 revenue of JPY 135.2 billion, with system integration contributing 40.9%, system support 52.9%, and office automation 6.2%.
78GF Score

Get the complete analysis for OBICY

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

$16.38
Price
$17.94
GF Value