CAVE Interactive Co (TSE:3760) Cyclically Adjusted Book per Share: 円410.17 (As of Feb. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:3760 CAVE Interactive Co Ltd TSE:3760
46 GF Score
Price 円724.00
GF Value 円1,119.16
Valuation Possible Value Trap
! 5 Warning Signs
View Full Analysis

What is CAVE Interactive Co Cyclically Adjusted Book per Share?

CAVE Interactive Co TSE:3760 -1.76% 46 Cyclically Adjusted Book per Share is 円410.17 as of Feb. 2026. GuruFocus rates TSE:3760 with a GF Score™ of 46/100 and a GF Value™ of 円1,119.16 (Possible Value Trap). 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.

CAVE Interactive Co's adjusted book value per share for the three months ended in Feb. 2026 was 円482.744. 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410.17 for the trailing ten years ended in Feb. 2026.

During the past 12 months, CAVE Interactive 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of CAVE Interactive Co was 9.70% per year. The lowest was -11.20% per year. And the median was -8.60% per year.

As of today (2026-08-27), CAVE Interactive Co's current stock price is 円724.00. CAVE Interactive Co's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2026 was 円410.17. CAVE Interactive Co's Cyclically Adjusted PB Ratio of today is 1.77.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of CAVE Interactive Co was 9.60. The lowest was 1.45. And the median was 2.94.


CAVE Interactive Co  (TSE:3760) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=724.00/410.17
=1.77

* 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 CAVE Interactive Co was 9.60. The lowest was 1.45. And the median was 2.94.


Be Aware

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


CAVE Interactive Co Cyclically Adjusted Book per Share Related Terms


CAVE Interactive Co Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for CAVE Interactive 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.

CAVE Interactive Co Cyclically Adjusted Book per Share Chart

CAVE Interactive Co Annual Data
Trend May17 May18 May19 May20 May21 May22 May23 May24 May25 May26
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 289.45 289.66 343.53 382.61 0.00

CAVE Interactive Co Quarterly Data
Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Nov24 May25 Aug25 Nov25 Feb26 May26
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 382.61 395.90 406.90 410.17 0.00

TSE:3760 vs NTES, EA, TTWO: Cyclically Adjusted Book per Share Comparison

For the Electronic Gaming & Multimedia subindustry, CAVE Interactive 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.


CAVE Interactive Co Cyclically Adjusted PB Ratio vs Interactive Media Industry

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

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


TSE:3760
46GF Score
CAVE Interactive Co Ltd TSE:3760
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CAVE Interactive 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, CAVE Interactive 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)
=482.744/112.2000*112.2000
=482.744

Current CPI (Feb. 2026) = 112.2000.

CAVE Interactive Co Quarterly Data

Book Value per Share CPI Adj_Book
201511 201.202 98.100 230.121
201602 245.970 97.800 282.186
201605 255.317 98.200 291.717
201608 124.108 97.900 142.236
201611 186.038 98.600 211.698
201702 294.147 98.100 336.425
201705 226.642 98.600 257.903
201708 236.426 98.500 269.310
201711 213.469 99.100 241.687
201802 277.860 99.500 313.326
201805 346.235 99.300 391.214
201808 265.370 99.800 298.342
201811 54.394 100.000 61.030
201902 125.296 99.700 141.005
201905 248.331 100.000 278.627
201908 234.172 100.000 262.741
201911 225.376 100.500 251.614
202002 225.478 100.300 252.230
202005 224.238 100.100 251.344
202008 231.116 100.100 259.053
202011 222.582 99.500 250.992
202102 217.480 99.800 244.502
202105 197.283 99.400 222.688
202108 158.360 99.700 178.215
202111 214.181 100.100 240.071
202202 204.426 100.700 227.772
202205 169.624 101.800 186.953
202208 160.189 102.700 175.007
202211 491.565 103.900 530.833
202302 580.885 104.000 626.686
202305 747.584 105.100 798.087
202308 775.102 105.900 821.213
202311 861.210 106.900 903.908
202402 952.053 106.900 999.255
202405 1,010.808 108.100 1,049.146
202411 1,068.366 110.000 1,089.733
202505 938.973 111.800 942.332
202508 894.385 112.100 895.183
202511 522.391 113.200 517.776
202602 482.744 112.200 482.744

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410.17 mean?
CAVE Interactive Co (TSE:3760) has a Cyclically Adjusted Book per Share of 円410.17 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 CAVE Interactive Co and its competitors.
Is CAVE Interactive Co's Cyclically Adjusted Book per Share too high?
CAVE Interactive Co's current Cyclically Adjusted Book per Share is 円410.17. Overall, CAVE Interactive Co has a GF Score™ of 46/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does CAVE Interactive Co's Cyclically Adjusted Book per Share compare to NTES and EA?
CAVE Interactive Co's Cyclically Adjusted Book per Share of 円410.17 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 CAVE Interactive Co and its competitors. CAVE Interactive Co's current Cyclically Adjusted Book per Share is 円410.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CAVE Interactive Co stock overvalued right now?
Based on GuruFocus' analysis, CAVE Interactive Co (TSE:3760) is currently considered Possible Value Trap. The stock's GF Value™ is 円1,119.16, compared to a current price of 円724.00 — trading 35.3% below its estimated fair value. The current Cyclically Adjusted Book per Share is 円410.17. CAVE Interactive Co's overall GF Score™ is 46/100 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 CAVE Interactive Co (TSE:3760), the current Cyclically Adjusted Book per Share is 円410.17 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 CAVE Interactive Co (TSE:3760) Overvalued in 2026?

Based on GuruFocus' analysis, CAVE Interactive Co stock appears to be undervalued. The current stock price of 円724.00 is trading 35.3% below its estimated GF Value™ of 円1,119.16. GuruFocus considers CAVE Interactive Co to be Possible Value Trap.

Key valuation signals for TSE:3760:

  • Cyclically Adjusted Book per Share: 円410.17
  • GF Value™: 円1,119.16 vs. price of 円724.00 (35.3% below fair value)
  • GF Score™: 46/100 with 5 warning signs

No single metric tells the full story. See the TSE:3760 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CAVE Interactive Co Business Description

Address Nakameguro GT Tower, 2-1-1 Kamimeguro, Meguro-ku, 9th Floor, Tokyo, JPN, 153-0051
CAVE Interactive Co Ltd is a game creator. It is engaged in business such as mobile entertainment, content media and entertainment marketing, business planning, production management. It provides mobile media entertainment content. It develops music, social media applications, and online games, arcade video games such as deathsmiles, espagaluda, dodonpachi resurrection and shin megami.
46GF Score

Get the complete analysis for TSE:3760

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

円724.00
Price
円1,119.16
GF Value