Pole To Win Holdings (TSE:3657) Cyclically Adjusted Book per Share: 円385.65 (As of Jan. 2026)

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Director of Data and Quant Analytics at GuruFocus
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TSE:3657 Pole To Win Holdings Inc TSE:3657
80 GF Score
Price 円378.00
GF Value 円434.93
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is Pole To Win Holdings Cyclically Adjusted Book per Share?

Pole To Win Holdings TSE:3657 +3.56% 80 Cyclically Adjusted Book per Share is 円385.65 as of Jan. 2026. GuruFocus rates TSE:3657 with a GF Score™ of 80/100 and a GF Value™ of 円434.93 (Modestly Undervalued). The stock has 6 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.

Pole To Win Holdings's adjusted book value per share for the three months ended in Jan. 2026 was 円238.203. 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385.65 for the trailing ten years ended in Jan. 2026.

During the past 12 months, Pole To Win Holdings's average Cyclically Adjusted Book Growth Rate was 2.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 6.40% 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 Pole To Win Holdings was 10.90% per year. The lowest was 6.40% per year. And the median was 8.65% per year.

As of today (2026-09-15), Pole To Win Holdings's current stock price is 円378.00. Pole To Win Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2026 was 円385.65. Pole To Win Holdings's Cyclically Adjusted PB Ratio of today is 0.98.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Pole To Win Holdings was 4.64. The lowest was 0.74. And the median was 1.42.


Pole To Win Holdings  (TSE:3657) 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.

Pole To Win Holdings's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=378.00/385.65
=0.98

* 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 Pole To Win Holdings was 4.64. The lowest was 0.74. And the median was 1.42.


Be Aware

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


Pole To Win Holdings Cyclically Adjusted Book per Share Related Terms


Pole To Win Holdings Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Pole To Win Holdings'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.

Pole To Win Holdings Cyclically Adjusted Book per Share Chart

Pole To Win Holdings Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 276.24 320.01 349.88 376.65 385.65

Pole To Win Holdings Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 379.48 382.24 386.42 385.65 0.00

TSE:3657 vs IBM, ACN, CTSH: Cyclically Adjusted Book per Share Comparison

For the Information Technology Services subindustry, Pole To Win Holdings'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.


Pole To Win Holdings Cyclically Adjusted PB Ratio vs Software Industry

For the Software industry and Technology sector, Pole To Win Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Pole To Win Holdings's Cyclically Adjusted PB Ratio falls into.


TSE:3657
80GF Score
Pole To Win Holdings Inc TSE:3657
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Pole To Win Holdings 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, Pole To Win Holdings's adjusted Book Value per Share data for the three months ended in Jan. 2026 was:

Adj_Book= Book Value per Share /CPI of Jan. 2026 (Change)*Current CPI (Jan. 2026)
=238.203/112.9000*112.9000
=238.203

Current CPI (Jan. 2026) = 112.9000.

Pole To Win Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201604 224.092 98.100 257.900
201607 217.968 97.900 251.365
201610 229.340 98.600 262.601
201701 246.981 98.200 283.953
201704 242.660 98.500 278.135
201707 240.932 98.300 276.716
201710 258.989 98.800 295.950
201801 252.593 99.500 286.611
201804 246.696 99.100 281.049
201807 276.871 99.200 315.108
201810 327.887 100.200 369.446
201901 335.507 99.700 379.927
201904 337.263 100.000 380.770
201907 348.704 99.800 394.476
201910 363.730 100.400 409.015
202001 378.373 100.500 425.058
202004 369.011 100.200 415.782
202007 382.032 100.000 431.314
202010 398.820 99.800 451.170
202101 413.741 99.800 468.050
202104 422.251 99.100 481.051
202107 431.417 99.700 488.535
202110 450.459 99.900 509.077
202201 466.807 100.300 525.449
202204 470.845 101.500 523.728
202207 464.751 102.300 512.907
202210 471.508 103.700 513.339
202301 474.015 104.700 511.139
202304 460.640 105.100 494.826
202307 437.108 105.700 466.883
202310 438.317 107.100 462.054
202401 380.123 106.900 401.458
202404 358.515 107.700 375.825
202407 370.247 108.600 384.907
202410 341.826 109.500 352.440
202501 351.963 111.200 357.344
202504 323.474 111.500 327.536
202507 322.101 111.900 324.979
202510 316.535 112.800 316.816
202601 238.203 112.900 238.203

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385.65 mean?
Pole To Win Holdings (TSE:3657) has a Cyclically Adjusted Book per Share of 円385.65 as of Jan. 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 Pole To Win Holdings and its competitors.
Is Pole To Win Holdings' Cyclically Adjusted Book per Share too high?
Pole To Win Holdings' current Cyclically Adjusted Book per Share is 円385.65. Overall, Pole To Win Holdings has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Pole To Win Holdings' Cyclically Adjusted Book per Share compare to IBM and ACN?
Pole To Win Holdings' Cyclically Adjusted Book per Share of 円385.65 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 Pole To Win Holdings and its competitors. Pole To Win Holdings's current Cyclically Adjusted Book per Share is 円385.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pole To Win Holdings stock overvalued right now?
Based on GuruFocus' analysis, Pole To Win Holdings (TSE:3657) is currently considered Modestly Undervalued. The stock's GF Value™ is 円434.93, compared to a current price of 円378.00 — trading 13.1% below its estimated fair value. The current Cyclically Adjusted Book per Share is 円385.65. Pole To Win Holdings' overall GF Score™ is 80/100 with 6 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 Pole To Win Holdings (TSE:3657), the current Cyclically Adjusted Book per Share is 円385.65 as of Jan. 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 Pole To Win Holdings (TSE:3657) Overvalued in 2026?

Based on GuruFocus' analysis, Pole To Win Holdings stock appears to be undervalued. The current stock price of 円378.00 is trading 13.1% below its estimated GF Value™ of 円434.93. GuruFocus considers Pole To Win Holdings to be Modestly Undervalued.

Key valuation signals for TSE:3657:

  • Cyclically Adjusted Book per Share: 円385.65
  • GF Value™: 円434.93 vs. price of 円378.00 (13.1% below fair value)
  • GF Score™: 80/100 with 6 warning signs

No single metric tells the full story. See the TSE:3657 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Pole To Win Holdings Business Description

Address Shinjuku NS Building 14th Floor, 2-4-1, Nishi-Shinjuku, Shinjuku-ku, Tokyo, JPN, 163-0814
Pole To Win Holdings Inc operates in the information technology industry. The company is involved in quality consulting, game debugging, software third-party verification, environment construction/migration support, monitoring, customer support, and fraud countermeasures in the processes of planning, development, release, operation, and improvement of customer services and product life cycles. The Service Lifecycle Solutions business is divided into three areas: domestic solutions, overseas solutions, and media/content.
80GF Score

Get the complete analysis for TSE:3657

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

円378.00
Price
円434.93
GF Value