Adventure (TSE:6030) Cyclically Adjusted Book per Share: 円777.44 (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
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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.
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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:6030 Adventure Inc TSE:6030
44 GF Score
Price 円1,494.00
GF Value 円4,325.92
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is Adventure Cyclically Adjusted Book per Share?

Adventure TSE:6030 +0.61% 44 Cyclically Adjusted Book per Share is 円777.44 as of Dec. 2025. GuruFocus rates TSE:6030 with a GF Score™ of 44/100 and a GF Value™ of 円4,325.92 (Possible Value Trap). 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.

Adventure's adjusted book value per share for the three months ended in Dec. 2025 was 円1,277.602. 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777.44 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Adventure's average Cyclically Adjusted Book Growth Rate was 20.70% 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 (2026-07-17), Adventure's current stock price is 円1494.00. Adventure's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was 円777.44. Adventure's Cyclically Adjusted PB Ratio of today is 1.92.

During the past 12 years, the highest Cyclically Adjusted PB Ratio of Adventure was 9.40. The lowest was 1.47. And the median was 4.68.


Adventure  (TSE:6030) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1494.00/777.44
=1.92

* 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 Adventure was 9.40. The lowest was 1.47. And the median was 4.68.


Be Aware

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


Adventure Cyclically Adjusted Book per Share Related Terms


Adventure Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Adventure'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.

Adventure Cyclically Adjusted Book per Share Chart

Adventure 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 0.00 594.23 713.67

Adventure Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 683.45 713.67 743.03 777.44 0.00

TSE:6030 vs BKNG, ABNB, RCL: Cyclically Adjusted Book per Share Comparison

For the Travel Services subindustry, Adventure'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.


Adventure Cyclically Adjusted PB Ratio vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Adventure's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TSE:6030
44GF Score
Adventure Inc TSE:6030
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Adventure 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, Adventure'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)
=1277.602/113.0000*113.0000
=1,277.602

Current CPI (Dec. 2025) = 113.0000.

Adventure Quarterly Data

Book Value per Share CPI Adj_Book
201603 175.217 97.900 202.242
201606 172.600 98.100 198.815
201609 177.740 98.000 204.945
201612 212.376 98.400 243.887
201703 228.220 98.100 262.883
201706 226.817 98.500 260.206
201709 221.049 98.800 252.819
201712 222.541 99.400 252.989
201803 199.274 99.200 226.996
201806 208.345 99.200 237.328
201809 238.801 99.900 270.115
201812 244.532 99.700 277.153
201903 287.218 99.700 325.533
201906 221.708 99.800 251.032
201909 263.041 100.100 296.939
201912 302.994 100.500 340.680
202003 307.511 100.300 346.448
202006 221.169 99.900 250.171
202009 255.318 99.900 288.798
202012 278.695 99.300 317.145
202103 322.471 99.900 364.757
202106 342.306 99.500 388.750
202109 383.093 100.100 432.463
202112 1,155.686 100.100 1,304.621
202203 1,199.719 101.100 1,340.932
202206 1,282.400 101.800 1,423.489
202209 1,373.606 103.100 1,505.504
202212 1,387.843 104.100 1,506.496
202303 1,463.058 104.400 1,583.578
202306 1,510.294 105.200 1,622.274
202309 1,545.360 106.200 1,644.310
202312 1,567.831 106.800 1,658.847
202403 1,612.148 107.200 1,699.372
202406 1,481.187 108.200 1,546.896
202409 0.000 108.900 0.000
202412 1,566.069 110.700 1,598.607
202503 1,603.270 111.100 1,630.689
202506 1,208.930 111.700 1,223.000
202509 1,249.537 112.000 1,260.694
202512 1,277.602 113.000 1,277.602

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777.44 mean?
Adventure (TSE:6030) has a Cyclically Adjusted Book per Share of 円777.44 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 Adventure and its competitors.
Is Adventure's Cyclically Adjusted Book per Share too high?
Adventure's current Cyclically Adjusted Book per Share is 円777.44. Overall, Adventure has a GF Score™ of 44/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Adventure's Cyclically Adjusted Book per Share compare to BKNG and ABNB?
Adventure's Cyclically Adjusted Book per Share of 円777.44 can be compared against companies in the Travel & Leisure 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 Travel & Leisure company?
A good Cyclically Adjusted Book per Share depends on the Travel & Leisure 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 Adventure and its competitors. Adventure's current Cyclically Adjusted Book per Share is 円777.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Adventure stock overvalued right now?
Based on GuruFocus' analysis, Adventure (TSE:6030) is currently considered Possible Value Trap. The stock's GF Value™ is 円4,325.92, compared to a current price of 円1,494.00 — trading 65.5% below its estimated fair value. The current Cyclically Adjusted Book per Share is 円777.44. Adventure's overall GF Score™ is 44/100 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 Adventure (TSE:6030), the current Cyclically Adjusted Book per Share is 円777.44 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 Adventure (TSE:6030) Overvalued in 2026?

Based on GuruFocus' analysis, Adventure stock appears to be undervalued. The current stock price of 円1,494.00 is trading 65.5% below its estimated GF Value™ of 円4,325.92. GuruFocus considers Adventure to be Possible Value Trap.

Key valuation signals for TSE:6030:

  • Cyclically Adjusted Book per Share: 円777.44
  • GF Value™: 円4,325.92 vs. price of 円1,494.00 (65.5% below fair value)
  • GF Score™: 44/100 with 4 warning signs

No single metric tells the full story. See the TSE:6030 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Adventure Business Description

Address 4-20-3 Ebisu, 24th Floor, Yebisu Garden Place Tower, Shibuya Ward, Tokyo, JPN, 150-6024
Adventure Inc engages in the provision of online travel services. It operates Skyticket and WANNATRIP website portals. The Skyticket website portal offers online ticket booking services for multiple airlines, both domestic and overseas. The WANNATRIP website portal offers package tours and cruise travel to various destinations.
44GF Score

Get the complete analysis for TSE:6030

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

円1,494.00
Price
円4,325.92
GF Value