MarketEnterprise Co (TSE:3135) Cyclically Adjusted Book per Share: 円232.92 (As of Dec. 2025)

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TSE:3135 MarketEnterprise Co Ltd TSE:3135
63 GF Score
Price 円1,074.00
GF Value 円1,609.06
Valuation Possible Value Trap
! 3 Warning Signs
View Full Analysis

What is MarketEnterprise Co Cyclically Adjusted Book per Share?

MarketEnterprise Co TSE:3135 +1.13% 63 Cyclically Adjusted Book per Share is 円232.92 as of Dec. 2025. GuruFocus rates TSE:3135 with a GF Score™ of 63/100 and a GF Value™ of 円1,609.06 (Possible Value Trap). The stock has 3 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 Dec. 2025 was 円216.545. 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232.92 for the trailing ten years ended in Dec. 2025.

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 (2026-07-14), MarketEnterprise Co's current stock price is 円1074.00. MarketEnterprise Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was 円232.92. MarketEnterprise Co's Cyclically Adjusted PB Ratio of today is 4.61.

During the past 12 years, the highest Cyclically Adjusted PB Ratio of MarketEnterprise Co was 8.27. The lowest was 4.28. And the median was 6.73.


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
=1074.00/232.92
=4.61

* 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 12 years, the highest Cyclically Adjusted PB Ratio of MarketEnterprise Co was 8.27. The lowest was 4.28. And the median was 6.73.


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 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 228.90

MarketEnterprise Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 222.36 228.90 230.46 232.92 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
63GF 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 Dec. 2025 was:

Adj_Book= Book Value per Share /CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=216.545/113.0000*113.0000
=216.545

Current CPI (Dec. 2025) = 113.0000.

MarketEnterprise Co Quarterly Data

Book Value per Share CPI Adj_Book
201512 184.630 98.100 212.673
201603 186.422 97.900 215.176
201606 183.862 98.100 211.788
201609 173.501 98.000 200.057
201612 172.950 98.400 198.611
201703 174.066 98.100 200.504
201706 179.794 98.500 206.261
201709 178.525 98.800 204.183
201712 178.738 99.400 203.193
201803 178.580 99.200 203.423
201806 185.768 99.200 211.611
201809 185.545 99.900 209.876
201812 198.812 99.700 225.334
201903 212.293 99.700 240.613
201906 221.344 99.800 250.620
201909 239.244 100.100 270.076
201912 252.913 100.500 284.370
202003 267.937 100.300 301.863
202006 275.821 99.900 311.990
202009 292.456 99.900 330.806
202012 296.338 99.300 337.222
202103 278.554 99.900 315.081
202106 271.702 99.500 308.566
202109 249.183 100.100 281.295
202112 238.832 100.100 269.611
202203 232.547 101.100 259.919
202206 198.275 101.800 220.089
202209 180.274 103.100 197.585
202212 173.225 104.100 188.035
202303 178.615 104.400 193.328
202306 254.071 105.200 272.909
202309 183.709 106.200 195.472
202312 135.653 106.800 143.528
202403 131.640 107.200 138.762
202406 165.015 108.200 172.335
202412 193.419 110.700 197.438
202503 216.932 111.100 220.642
202506 254.461 111.700 257.422
202509 235.845 112.000 237.951
202512 216.545 113.000 216.545

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232.92 mean?
MarketEnterprise Co (TSE:3135) has a Cyclically Adjusted Book per Share of 円232.92 as of Dec. 2025. 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232.92. Overall, MarketEnterprise Co has a GF Score™ of 63/100 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232.92 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232.92. 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1,609.06, compared to a current price of 円1,074.00 — trading 33.3% below its estimated fair value. The current Cyclically Adjusted Book per Share is 円232.92. MarketEnterprise Co's overall GF Score™ is 63/100 with 3 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232.92 as of Dec. 2025. 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1,074.00 is trading 33.3% below its estimated GF Value™ of 円1,609.06. GuruFocus considers MarketEnterprise Co to be Possible Value Trap.

Key valuation signals for TSE:3135:

  • Cyclically Adjusted Book per Share: 円232.92
  • GF Value™: 円1,609.06 vs. price of 円1,074.00 (33.3% below fair value)
  • GF Score™: 63/100 with 3 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.
63GF 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1,074.00
Price
円1,609.06
GF Value