Value HR Co (TSE:6078) Cyclically Adjusted Book per Share: 円165.43 (As of Dec. 2025)

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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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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:6078 Value HR Co Ltd TSE:6078
72 GF Score
Price 円1,500.00
GF Value 円2,126.75
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is Value HR Co Cyclically Adjusted Book per Share?

Value HR Co TSE:6078 +0.94% 72 Cyclically Adjusted Book per Share is 円165.43 as of Dec. 2025. GuruFocus rates TSE:6078 with a GF Score™ of 72/100 and a GF Value™ of 円2,126.75 (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.

Value HR Co's adjusted book value per share for the three months ended in Dec. 2025 was 円258.256. 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165.43 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Value HR Co's average Cyclically Adjusted Book Growth Rate was 12.80% 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 (2026-07-16), Value HR Co's current stock price is 円1500.00. Value HR Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was 円165.43. Value HR Co's Cyclically Adjusted PB Ratio of today is 9.07.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Value HR Co was 13.85. The lowest was 8.17. And the median was 10.45.


Value HR Co  (TSE:6078) 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.

Value HR Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1500.00/165.43
=9.07

* 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 Value HR Co was 13.85. The lowest was 8.17. And the median was 10.45.


Be Aware

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


Value HR Co Cyclically Adjusted Book per Share Related Terms


Value HR Co Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Value HR 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.

Value HR Co Cyclically Adjusted Book per Share Chart

Value HR Co 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 0.00 0.00 129.76 146.62 165.43

Value HR Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 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 151.08 155.79 159.89 165.43 0.00

TSE:6078 vs VEEV, BTSG, TEM: Cyclically Adjusted Book per Share Comparison

For the Health Information Services subindustry, Value HR 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.


Value HR Co Cyclically Adjusted PB Ratio vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Value HR Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TSE:6078
72GF Score
Value HR Co Ltd TSE:6078
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Value HR 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, Value HR Co'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)
=258.256/113.0000*113.0000
=258.256

Current CPI (Dec. 2025) = 113.0000.

Value HR Co Quarterly Data

Book Value per Share CPI Adj_Book
201512 85.773 98.100 98.801
201603 86.261 97.900 99.566
201606 86.432 98.100 99.560
201609 87.023 98.000 100.343
201612 90.222 98.400 103.609
201703 89.691 98.100 103.314
201706 92.860 98.500 106.530
201709 93.242 98.800 106.643
201712 97.331 99.400 110.648
201803 94.184 99.200 107.286
201806 97.060 99.200 110.562
201809 94.685 99.900 107.101
201812 95.403 99.700 108.130
201903 96.756 99.700 109.663
201906 99.442 99.800 112.595
201909 101.300 100.100 114.355
201912 109.541 100.500 123.166
202003 107.582 100.300 121.204
202006 113.235 99.900 128.084
202009 114.109 99.900 129.072
202012 124.912 99.300 142.146
202103 123.303 99.900 139.472
202106 125.427 99.500 142.445
202109 129.294 100.100 145.956
202112 201.780 100.100 227.784
202203 203.220 101.100 227.140
202206 205.118 101.800 227.685
202209 201.340 103.100 220.673
202212 213.610 104.100 231.873
202303 215.044 104.400 232.758
202306 213.740 105.200 229.588
202309 214.596 106.200 228.337
202312 238.392 106.800 252.231
202403 232.007 107.200 244.560
202406 255.412 108.200 266.743
202412 250.938 110.700 256.152
202503 246.593 111.100 250.810
202506 247.251 111.700 250.129
202509 240.034 112.000 242.177
202512 258.256 113.000 258.256

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165.43 mean?
Value HR Co (TSE:6078) has a Cyclically Adjusted Book per Share of 円165.43 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 Value HR Co and its competitors.
Is Value HR Co's Cyclically Adjusted Book per Share too high?
Value HR Co's current Cyclically Adjusted Book per Share is 円165.43. Overall, Value HR Co has a GF Score™ of 72/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Value HR Co's Cyclically Adjusted Book per Share compare to VEEV and BTSG?
Value HR Co's Cyclically Adjusted Book per Share of 円165.43 can be compared against companies in the Healthcare Providers & Services 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 Healthcare Providers & Services company?
A good Cyclically Adjusted Book per Share depends on the Healthcare Providers & Services 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 Value HR Co and its competitors. Value HR Co's current Cyclically Adjusted Book per Share is 円165.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Value HR Co stock overvalued right now?
Based on GuruFocus' analysis, Value HR Co (TSE:6078) is currently considered Modestly Undervalued. The stock's GF Value™ is 円2,126.75, compared to a current price of 円1,500.00 — trading 29.5% below its estimated fair value. The current Cyclically Adjusted Book per Share is 円165.43. Value HR Co's overall GF Score™ is 72/100 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 Value HR Co (TSE:6078), the current Cyclically Adjusted Book per Share is 円165.43 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 Value HR Co (TSE:6078) Overvalued in 2026?

Based on GuruFocus' analysis, Value HR Co stock appears to be undervalued. The current stock price of 円1,500.00 is trading 29.5% below its estimated GF Value™ of 円2,126.75. GuruFocus considers Value HR Co to be Modestly Undervalued.

Key valuation signals for TSE:6078:

  • Cyclically Adjusted Book per Share: 円165.43
  • GF Value™: 円2,126.75 vs. price of 円1,500.00 (29.5% below fair value)
  • GF Score™: 72/100 with 6 warning signs

No single metric tells the full story. See the TSE:6078 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Value HR Co Business Description

Address 5-21-14 Sendagaya, Shibuya-ku, Tokyo, JPN, 151-0051
Value HR Co Ltd provides health management services through value cafeteria system. The company is engaged in the planning, development, operation, and management of the welfare support system; and the provision of health management and healthcare support services.
72GF Score

Get the complete analysis for TSE:6078

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

円1,500.00
Price
円2,126.75
GF Value