Members Co (TSE:2130) Cyclically Adjusted Book per Share: 円377.70 (As of Jun. 2026)

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
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TSE:2130 Members Co Ltd TSE:2130
75 GF Score
Price 円914.00
GF Value 円1,242.53
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Members Co Cyclically Adjusted Book per Share?

Members Co TSE:2130 +0.88% 75 Cyclically Adjusted Book per Share is 円377.70 as of Jun. 2026. GuruFocus rates TSE:2130 with a GF Score™ of 75/100 and a GF Value™ of 円1,242.53 (Modestly Undervalued). 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.

Members Co's adjusted book value per share for the three months ended in Jun. 2026 was 円465.193. 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377.70 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Members Co's average Cyclically Adjusted Book Growth Rate was 11.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 12.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -16.40% 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 Members Co was 15.00% per year. The lowest was -63.70% per year. And the median was -44.20% per year.

As of today (2026-09-05), Members Co's current stock price is 円914.00. Members Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was 円377.70. Members Co's Cyclically Adjusted PB Ratio of today is 2.42.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Members Co was 15.26. The lowest was 0.19. And the median was 3.05.


Members Co  (TSE:2130) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=914.00/377.70
=2.42

* 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 Members Co was 15.26. The lowest was 0.19. And the median was 3.05.


Be Aware

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


Members Co Cyclically Adjusted Book per Share Related Terms


Members Co Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Members 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.

Members Co Cyclically Adjusted Book per Share Chart

Members 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 218.30 258.25 295.12 331.65 367.66

Members 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 340.00 347.64 360.35 367.66 377.70

TSE:2130 vs APP, OMC, TTD: Cyclically Adjusted Book per Share Comparison

For the Advertising Agencies subindustry, Members 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.


Members Co Cyclically Adjusted PB Ratio vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Members Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TSE:2130
75GF Score
Members Co Ltd TSE:2130
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Members 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, Members 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)
=465.193/113.6000*113.6000
=465.193

Current CPI (Jun. 2026) = 113.6000.

Members Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 175.727 98.000 203.700
201612 180.688 98.400 208.599
201703 203.113 98.100 235.205
201706 192.009 98.500 221.444
201709 207.871 98.800 239.010
201712 217.605 99.400 248.691
201803 235.668 99.200 269.878
201806 225.264 99.200 257.964
201809 238.044 99.900 270.689
201812 246.395 99.700 280.747
201903 265.158 99.700 302.126
201906 251.767 99.800 286.580
201909 272.169 100.100 308.875
201912 286.039 100.500 323.324
202003 320.795 100.300 363.333
202006 286.089 99.900 325.322
202009 297.430 99.900 338.219
202012 319.961 99.300 366.038
202103 357.965 99.900 407.055
202106 341.282 99.500 389.645
202109 360.583 100.100 409.213
202112 393.369 100.100 446.421
202203 449.069 101.100 504.592
202206 420.090 101.800 468.784
202209 438.145 103.100 482.767
202212 455.133 104.100 496.668
202303 486.497 104.400 529.368
202306 430.594 105.200 464.976
202309 430.081 106.200 460.049
202312 425.475 106.800 452.565
202403 464.848 107.200 492.600
202406 0.000 108.200 0.000
202409 409.499 108.900 427.173
202412 450.655 110.700 462.461
202503 454.948 111.100 465.185
202506 418.985 111.700 426.112
202509 436.328 112.000 442.561
202512 462.481 113.000 464.937
202603 518.051 112.700 522.188
202606 465.193 113.600 465.193

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 円377.70 mean?
Members Co (TSE:2130) has a Cyclically Adjusted Book per Share of 円377.70 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 Members Co and its competitors.
Is Members Co's Cyclically Adjusted Book per Share too high?
Members Co's current Cyclically Adjusted Book per Share is 円377.70. Overall, Members Co has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Members Co's Cyclically Adjusted Book per Share compare to APP and OMC?
Members Co's Cyclically Adjusted Book per Share of 円377.70 can be compared against companies in the Media - Diversified 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 Media - Diversified company?
A good Cyclically Adjusted Book per Share depends on the Media - Diversified 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 Members Co and its competitors. Members Co's current Cyclically Adjusted Book per Share is 円377.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Members Co stock overvalued right now?
Based on GuruFocus' analysis, Members Co (TSE:2130) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,242.53, compared to a current price of 円914.00 — trading 26.4% below its estimated fair value. The current Cyclically Adjusted Book per Share is 円377.70. Members Co's overall GF Score™ is 75/100 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 Members Co (TSE:2130), the current Cyclically Adjusted Book per Share is 円377.70 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 Members Co (TSE:2130) Overvalued in 2026?

Based on GuruFocus' analysis, Members Co stock appears to be undervalued. The current stock price of 円914.00 is trading 26.4% below its estimated GF Value™ of 円1,242.53. GuruFocus considers Members Co to be Modestly Undervalued.

Key valuation signals for TSE:2130:

  • Cyclically Adjusted Book per Share: 円377.70
  • GF Value™: 円1,242.53 vs. price of 円914.00 (26.4% below fair value)
  • GF Score™: 75/100 with 2 warning signs

No single metric tells the full story. See the TSE:2130 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Members Co Business Description

Address Lexington Plaza 5-2-4 Nishi-Gotanda, Shinagawa-ku, Tokyo, JPN
Members Co Ltd is engaged in providing marketing strategy, web video production business, web content planning, web creator dispatch business, web media management, system development service business, and freelance support project.
75GF Score

Get the complete analysis for TSE:2130

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

円914.00
Price
円1,242.53
GF Value