Media Do Co (TSE:3678) Cyclically Adjusted Book per Share: 円797.99 (As of Feb. 2026)


TSE:3678 Media Do Co Ltd TSE:3678
68 GF Score
Price 円1,341.00
GF Value 円1,714.59
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Media Do Co Cyclically Adjusted Book per Share?

Media Do Co TSE:3678 -0.45% 68 Cyclically Adjusted Book per Share is 円797.99 as of Feb. 2026. GuruFocus rates TSE:3678 with a GF Score™ of 68/100 and a GF Value™ of 円1,714.59 (Modestly Undervalued). 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.

Media Do Co's adjusted book value per share for the three months ended in Feb. 2026 was 円1,255.353. 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797.99 for the trailing ten years ended in Feb. 2026.

During the past 12 months, Media Do Co's average Cyclically Adjusted Book Growth Rate was 15.30% 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 (2026-07-12), Media Do Co's current stock price is 円1341.00. Media Do Co's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2026 was 円797.99. Media Do Co's Cyclically Adjusted PB Ratio of today is 1.68.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Media Do Co was 3.11. The lowest was 1.52. And the median was 2.37.


Media Do Co  (TSE:3678) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1341.00/797.99
=1.68

* 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 Media Do Co was 3.11. The lowest was 1.52. And the median was 2.37.


Be Aware

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


Media Do Co Cyclically Adjusted Book per Share Related Terms


Media Do Co Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Media Do 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.

Media Do Co Cyclically Adjusted Book per Share Chart

Media Do Co Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 578.43 691.85 797.99

Media Do Co Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
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 691.85 721.83 748.02 779.96 797.99

TSE:3678 vs NYT, WLY: Cyclically Adjusted Book per Share Comparison

For the Publishing subindustry, Media Do 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.


Media Do Co Cyclically Adjusted PB Ratio vs Media - Diversified Industry

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

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


TSE:3678
68GF Score
Media Do Co Ltd TSE:3678
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Media Do 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, Media Do Co's adjusted Book Value per Share data for the three months ended in Feb. 2026 was:

Adj_Book= Book Value per Share /CPI of Feb. 2026 (Change)*Current CPI (Feb. 2026)
=1255.353/112.2000*112.2000
=1,255.353

Current CPI (Feb. 2026) = 112.2000.

Media Do Co Quarterly Data

Book Value per Share CPI Adj_Book
201605 233.686 98.200 267.002
201608 241.266 97.900 276.507
201611 260.455 98.600 296.380
201702 275.362 98.100 314.940
201705 256.064 98.600 291.383
201708 355.313 98.500 404.732
201711 368.674 99.100 417.409
201802 368.476 99.500 415.508
201805 363.851 99.300 411.119
201808 300.852 99.800 338.232
201811 384.880 100.000 431.835
201902 359.695 99.700 404.792
201905 409.103 100.000 459.014
201908 362.650 100.000 406.893
201911 390.779 100.500 436.273
202002 411.981 100.300 460.860
202005 426.092 100.100 477.598
202008 478.449 100.100 536.283
202011 574.545 99.500 647.879
202102 788.326 99.800 886.274
202105 987.766 99.400 1,114.963
202108 1,003.214 99.700 1,128.993
202111 1,022.876 100.100 1,146.520
202202 1,059.483 100.700 1,180.477
202205 1,026.092 101.800 1,130.919
202208 1,077.277 102.700 1,176.928
202211 1,071.836 103.900 1,157.459
202302 1,082.555 104.000 1,167.910
202305 1,090.722 105.100 1,164.405
202308 1,131.079 105.900 1,198.367
202311 1,160.193 106.900 1,217.714
202402 1,070.805 106.900 1,123.894
202405 1,075.304 108.100 1,116.088
202408 1,106.372 109.100 1,137.809
202411 1,111.536 110.000 1,133.767
202502 1,161.573 110.800 1,176.250
202505 1,174.048 111.800 1,178.249
202508 1,207.510 112.100 1,208.587
202511 1,234.980 113.200 1,224.070
202602 1,255.353 112.200 1,255.353

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797.99 mean?
Media Do Co (TSE:3678) has a Cyclically Adjusted Book per Share of 円797.99 as of Feb. 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 Media Do Co and its competitors.
Is Media Do Co's Cyclically Adjusted Book per Share too high?
Media Do Co's current Cyclically Adjusted Book per Share is 円797.99. Overall, Media Do Co has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Media Do Co's Cyclically Adjusted Book per Share compare to NYT and WLY?
Media Do Co's Cyclically Adjusted Book per Share of 円797.99 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 Media Do Co and its competitors. Media Do Co's current Cyclically Adjusted Book per Share is 円797.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Media Do Co stock overvalued right now?
Based on GuruFocus' analysis, Media Do Co (TSE:3678) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,714.59, compared to a current price of 円1,341.00 — trading 21.8% below its estimated fair value. The current Cyclically Adjusted Book per Share is 円797.99. Media Do Co's overall GF Score™ is 68/100 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 Media Do Co (TSE:3678), the current Cyclically Adjusted Book per Share is 円797.99 as of Feb. 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 Media Do Co (TSE:3678) Overvalued in 2026?

Based on GuruFocus' analysis, Media Do Co stock appears to be undervalued. The current stock price of 円1,341.00 is trading 21.8% below its estimated GF Value™ of 円1,714.59. GuruFocus considers Media Do Co to be Modestly Undervalued.

Key valuation signals for TSE:3678:

  • Cyclically Adjusted Book per Share: 円797.99
  • GF Value™: 円1,714.59 vs. price of 円1,341.00 (21.8% below fair value)
  • GF Score™: 68/100 with 4 warning signs

No single metric tells the full story. See the TSE:3678 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Media Do Co Business Description

Address 1-1-1 Hitotsubashi Chiyoda-ku, 5th & 8th Floor, Palaceside Building, Tokyo, JPN, 100-0003
Media Do Co Ltd is engaged in the business of distributing eBooks. The company provides all kinds of trade eBooks, from comics, fiction, and nonfiction books to photo-books and magazines. The group operates two segments: E-book Distribution Business and Strategic Investment Business. The majority of its revenue is generated from the E-book Distribution Business, which mainly involves acting as an intermediary for domestic e-bookstores, and the intermediary business. Strategic Investment Projects is a group of businesses that aims to create a second revenue stream by utilizing the various networks cultivated within the company.
68GF Score

Get the complete analysis for TSE:3678

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

円1,341.00
Price
円1,714.59
GF Value