Aeria (TSE:3758) Cyclically Adjusted Book per Share: 円504.03 (As of Jun. 2026)

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Director of Data and Quant Analytics at GuruFocus
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TSE:3758 Aeria Inc TSE:3758
44 GF Score
Price 円252.00
GF Value 円193.78
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Aeria Cyclically Adjusted Book per Share?

Aeria TSE:3758 44 Cyclically Adjusted Book per Share is 円504.03 as of Jun. 2026. GuruFocus rates TSE:3758 with a GF Score™ of 44/100 and a GF Value™ of 円193.78 (Modestly Overvalued). The stock has 5 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.

Aeria's adjusted book value per share for the three months ended in Jun. 2026 was 円420.732. 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504.03 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Aeria's average Cyclically Adjusted Book Growth Rate was 0.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 2.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 2.40% 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 Aeria was 3.30% per year. The lowest was -2.50% per year. And the median was 1.50% per year.

As of today (2026-09-03), Aeria's current stock price is 円252.00. Aeria's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was 円504.03. Aeria's Cyclically Adjusted PB Ratio of today is 0.50.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Aeria was 2.81. The lowest was 0.44. And the median was 0.87.


Aeria  (TSE:3758) 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.

Aeria's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=252.00/504.03
=0.50

* 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 Aeria was 2.81. The lowest was 0.44. And the median was 0.87.


Be Aware

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


Aeria Cyclically Adjusted Book per Share Related Terms


Aeria Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Aeria'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.

Aeria Cyclically Adjusted Book per Share Chart

Aeria Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 447.73 467.11 476.39 494.16 504.01

Aeria 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 500.04 500.50 504.01 501.32 504.03

TSE:3758 vs NTES, TTWO, RBLX: Cyclically Adjusted Book per Share Comparison

For the Electronic Gaming & Multimedia subindustry, Aeria'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.


Aeria Cyclically Adjusted PB Ratio vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Aeria's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TSE:3758
44GF Score
Aeria Inc TSE:3758
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Aeria 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, Aeria'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)
=420.732/113.6000*113.6000
=420.732

Current CPI (Jun. 2026) = 113.6000.

Aeria Quarterly Data

Book Value per Share CPI Adj_Book
201606 394.875 98.100 457.266
201609 389.152 98.000 451.099
201612 260.883 98.400 301.182
201703 331.806 98.100 384.232
201706 440.443 98.500 507.963
201709 586.170 98.800 673.977
201712 689.888 99.400 788.443
201803 705.925 99.200 808.398
201806 691.456 99.200 791.829
201809 595.791 99.900 677.496
201812 542.233 99.700 617.830
201903 561.186 99.700 639.426
201906 583.341 99.800 664.003
201909 598.010 100.100 678.661
201912 604.154 100.500 682.904
202003 381.291 100.300 431.851
202006 399.050 99.900 453.775
202009 392.403 99.900 446.216
202012 385.206 99.300 440.679
202103 389.875 99.900 443.341
202106 397.569 99.500 453.908
202109 408.540 100.100 463.638
202112 408.942 100.100 464.094
202203 394.885 101.100 443.709
202206 409.532 101.800 457.002
202209 418.420 103.100 461.033
202212 412.463 104.100 450.104
202303 427.218 104.400 464.866
202306 432.136 105.200 466.641
202309 423.427 106.200 452.931
202312 427.693 106.800 454.924
202403 411.754 107.200 436.336
202406 409.514 108.200 429.952
202412 395.942 110.700 406.314
202503 405.593 111.100 414.720
202506 408.775 111.700 415.728
202509 414.145 112.000 420.061
202512 416.229 113.000 418.439
202603 421.998 112.700 425.368
202606 420.732 113.600 420.732

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504.03 mean?
Aeria (TSE:3758) has a Cyclically Adjusted Book per Share of 円504.03 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 Aeria and its competitors.
Is Aeria's Cyclically Adjusted Book per Share too high?
Aeria's current Cyclically Adjusted Book per Share is 円504.03. Overall, Aeria has a GF Score™ of 44/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Aeria's Cyclically Adjusted Book per Share compare to NTES and TTWO?
Aeria's Cyclically Adjusted Book per Share of 円504.03 can be compared against companies in the Interactive Media 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 an Interactive Media company?
A good Cyclically Adjusted Book per Share depends on the Interactive Media 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 Aeria and its competitors. Aeria's current Cyclically Adjusted Book per Share is 円504.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aeria stock overvalued right now?
Based on GuruFocus' analysis, Aeria (TSE:3758) is currently considered Modestly Overvalued. The stock's GF Value™ is 円193.78, compared to a current price of 円252.00 — trading 30% above its estimated fair value. The current Cyclically Adjusted Book per Share is 円504.03. Aeria's overall GF Score™ is 44/100 with 5 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 Aeria (TSE:3758), the current Cyclically Adjusted Book per Share is 円504.03 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 Aeria (TSE:3758) Overvalued in 2026?

Based on GuruFocus' analysis, Aeria stock appears to be overvalued. The current stock price of 円252.00 is trading 30% above its estimated GF Value™ of 円193.78. GuruFocus considers Aeria to be Modestly Overvalued.

Key valuation signals for TSE:3758:

  • Cyclically Adjusted Book per Share: 円504.03
  • GF Value™: 円193.78 vs. price of 円252.00 (30% above fair value)
  • GF Score™: 44/100 with 5 warning signs

No single metric tells the full story. See the TSE:3758 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Aeria Business Description

Address 3-7-13 Akasaka, Minato-ku, Akasaka HM Building 4th Floor, Tokyo, JPN, 107-0052
Aeria Inc is a Japanese company engaged in the free-to-play online gaming business. The company also provides integrated solutions that enable the delivery of content to users. The company operates in three segments: IT Service Business, Content Business, and Asset Management Business. The IT service business includes an affiliate platform business specializing in online electronic publishing and the Data Services Business. Content business: Development, distribution, and operation of smartphone content, etc. Sales of drama CDs, voice CDs, merchandise, etc. Asset Management Business: Real estate business, rental management business, planning, operation, management and management of accommodation facilities, and this includes consulting services related to these matters, etc.
44GF Score

Get the complete analysis for TSE:3758

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

円252.00
Price
円193.78
GF Value