MarketEnterprise Co (TSE:3135) Cyclically Adjusted Book per Share: 円233.09 (As of Mar. 2026)

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TSE:3135 MarketEnterprise Co Ltd TSE:3135
59 GF Score
Price 円1,176.00
GF Value 円1,796.46
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is MarketEnterprise Co Cyclically Adjusted Book per Share?

MarketEnterprise Co TSE:3135 -1.18% 59 Cyclically Adjusted Book per Share is 円233.09 as of Mar. 2026. GuruFocus rates TSE:3135 with a GF Score™ of 59/100 and a GF Value™ of 円1,796.46 (Possible Value Trap). The stock has 4 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.

MarketEnterprise Co's adjusted book value per share for the three months ended in Mar. 2026 was 円243.522. 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233.09 for the trailing ten years ended in Mar. 2026.

During the past 12 months, MarketEnterprise Co's average Cyclically Adjusted Book Growth Rate was -100.00% 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.

As of today (2026-08-28), MarketEnterprise Co's current stock price is 円1176.00. MarketEnterprise Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円233.09. MarketEnterprise Co's Cyclically Adjusted PB Ratio of today is 5.05.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of MarketEnterprise Co was 8.27. The lowest was 4.28. And the median was 6.47.


MarketEnterprise Co  (TSE:3135) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1176.00/233.09
=5.05

* 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 MarketEnterprise Co was 8.27. The lowest was 4.28. And the median was 6.47.


Be Aware

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


MarketEnterprise Co Cyclically Adjusted Book per Share Related Terms


MarketEnterprise Co Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for MarketEnterprise 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.

MarketEnterprise Co Cyclically Adjusted Book per Share Chart

MarketEnterprise Co Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25 Jun26
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 228.90 0.00

MarketEnterprise Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 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 228.90 230.46 232.92 233.09 0.00

TSE:3135 vs AMZN, BABA, PDD: Cyclically Adjusted Book per Share Comparison

For the Internet Retail subindustry, MarketEnterprise 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.


MarketEnterprise Co Cyclically Adjusted PB Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, MarketEnterprise Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TSE:3135
59GF Score
MarketEnterprise Co Ltd TSE:3135
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MarketEnterprise 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, MarketEnterprise Co'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)
=243.522/112.7000*112.7000
=243.522

Current CPI (Mar. 2026) = 112.7000.

MarketEnterprise Co Quarterly Data

Book Value per Share CPI Adj_Book
201603 186.422 97.900 214.604
201606 183.862 98.100 211.226
201609 173.501 98.000 199.526
201612 172.950 98.400 198.084
201703 174.066 98.100 199.972
201706 179.794 98.500 205.714
201709 178.525 98.800 203.641
201712 178.738 99.400 202.654
201803 178.580 99.200 202.883
201806 185.768 99.200 211.049
201809 185.545 99.900 209.319
201812 198.812 99.700 224.735
201903 212.293 99.700 239.974
201906 221.344 99.800 249.955
201909 239.244 100.100 269.359
201912 252.913 100.500 283.615
202003 267.937 100.300 301.062
202006 275.821 99.900 311.161
202009 292.456 99.900 329.928
202012 296.338 99.300 336.327
202103 278.554 99.900 314.245
202106 271.702 99.500 307.747
202109 249.183 100.100 280.549
202112 238.832 100.100 268.895
202203 232.547 101.100 259.229
202206 198.275 101.800 219.505
202209 180.274 103.100 197.060
202212 173.225 104.100 187.536
202303 178.615 104.400 192.815
202306 254.071 105.200 272.184
202309 183.709 106.200 194.953
202312 135.653 106.800 143.147
202403 131.640 107.200 138.394
202406 165.015 108.200 171.878
202412 193.419 110.700 196.913
202503 216.932 111.100 220.056
202506 254.461 111.700 256.739
202509 235.845 112.000 237.319
202512 216.545 113.000 215.970
202603 243.522 112.700 243.522

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233.09 mean?
MarketEnterprise Co (TSE:3135) has a Cyclically Adjusted Book per Share of 円233.09 as of Mar. 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 MarketEnterprise Co and its competitors.
Is MarketEnterprise Co's Cyclically Adjusted Book per Share too high?
MarketEnterprise Co's current Cyclically Adjusted Book per Share is 円233.09. Overall, MarketEnterprise Co has a GF Score™ of 59/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does MarketEnterprise Co's Cyclically Adjusted Book per Share compare to AMZN and BABA?
MarketEnterprise Co's Cyclically Adjusted Book per Share of 円233.09 can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good Cyclically Adjusted Book per Share depends on the Retail - Cyclical 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 MarketEnterprise Co and its competitors. MarketEnterprise Co's current Cyclically Adjusted Book per Share is 円233.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MarketEnterprise Co stock overvalued right now?
Based on GuruFocus' analysis, MarketEnterprise Co (TSE:3135) is currently considered Possible Value Trap. The stock's GF Value™ is 円1,796.46, compared to a current price of 円1,176.00 — trading 34.5% below its estimated fair value. The current Cyclically Adjusted Book per Share is 円233.09. MarketEnterprise Co's overall GF Score™ is 59/100 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 Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For MarketEnterprise Co (TSE:3135), the current Cyclically Adjusted Book per Share is 円233.09 as of Mar. 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 MarketEnterprise Co (TSE:3135) Overvalued in 2026?

Based on GuruFocus' analysis, MarketEnterprise Co stock appears to be undervalued. The current stock price of 円1,176.00 is trading 34.5% below its estimated GF Value™ of 円1,796.46. GuruFocus considers MarketEnterprise Co to be Possible Value Trap.

Key valuation signals for TSE:3135:

  • Cyclically Adjusted Book per Share: 円233.09
  • GF Value™: 円1,796.46 vs. price of 円1,176.00 (34.5% below fair value)
  • GF Score™: 59/100 with 4 warning signs

No single metric tells the full story. See the TSE:3135 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


MarketEnterprise Co Business Description

Address 1-10-6 Ginza, Ginza First Building, 2nd and 3rd Floor, Chuo-ku, Tokyo, JPN, 104-0061
MarketEnterprise Co Ltd is an online platform that enables consumers to purchase or sell reusable goods in Japan. The online reuse segment handles the purchase and sale of reused goods online without physical stores. The media segment supports smart consumption by offering internet-based information to consumers. The mobile communications segment, operated through a subsidiary, provides low-cost and easy-to-use communication services. It generates the majority of its revenue from the online reuse segment.
59GF Score

Get the complete analysis for TSE:3135

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

円1,176.00
Price
円1,796.46
GF Value