Bellsystem24 Holdings (TSE:6183) Cyclically Adjusted Book per Share: 円827.92 (As of May. 2026)

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Director of Data and Quant Analytics at GuruFocus
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TSE:6183 Bellsystem24 Holdings Inc TSE:6183
76 GF Score
Price 円1,378.00
GF Value 円1,424.51
Valuation Fairly Valued
! 4 Warning Signs
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What is Bellsystem24 Holdings Cyclically Adjusted Book per Share?

Bellsystem24 Holdings TSE:6183 +0.95% 76 Cyclically Adjusted Book per Share is 円827.92 as of May. 2026. GuruFocus rates TSE:6183 with a GF Score™ of 76/100 and a GF Value™ of 円1,424.51 (Fairly Valued). 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.

Bellsystem24 Holdings's adjusted book value per share for the three months ended in May. 2026 was 円995.776. 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827.92 for the trailing ten years ended in May. 2026.

During the past 12 months, Bellsystem24 Holdings's average Cyclically Adjusted Book Growth Rate was -100.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 7.70% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Bellsystem24 Holdings was 7.70% per year. The lowest was 7.70% per year. And the median was 7.70% per year.

As of today (2026-07-15), Bellsystem24 Holdings's current stock price is 円1378.00. Bellsystem24 Holdings's Cyclically Adjusted Book per Share for the quarter that ended in May. 2026 was 円827.92. Bellsystem24 Holdings's Cyclically Adjusted PB Ratio of today is 1.66.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Bellsystem24 Holdings was 2.61. The lowest was 1.47. And the median was 1.85.


Bellsystem24 Holdings  (TSE:6183) 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.

Bellsystem24 Holdings's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1378.00/827.92
=1.66

* 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 Bellsystem24 Holdings was 2.61. The lowest was 1.47. And the median was 1.85.


Be Aware

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


Bellsystem24 Holdings Cyclically Adjusted Book per Share Related Terms


Bellsystem24 Holdings Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Bellsystem24 Holdings'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.

Bellsystem24 Holdings Cyclically Adjusted Book per Share Chart

Bellsystem24 Holdings 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 0.00 647.15 711.77 769.58 808.56

Bellsystem24 Holdings Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 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 780.86 787.72 805.60 808.56 827.92

TSE:6183 vs CTAS, CPRT, ULS: Cyclically Adjusted Book per Share Comparison

For the Specialty Business Services subindustry, Bellsystem24 Holdings'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.


Bellsystem24 Holdings Cyclically Adjusted PB Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, Bellsystem24 Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Bellsystem24 Holdings's Cyclically Adjusted PB Ratio falls into.


TSE:6183
76GF Score
Bellsystem24 Holdings Inc TSE:6183
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bellsystem24 Holdings 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, Bellsystem24 Holdings's adjusted Book Value per Share data for the three months ended in May. 2026 was:

Adj_Book= Book Value per Share /CPI of May. 2026 (Change)*Current CPI (May. 2026)
=995.776/113.5000*113.5000
=995.776

Current CPI (May. 2026) = 113.5000.

Bellsystem24 Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201608 515.333 97.900 597.449
201611 525.632 98.600 605.063
201702 549.609 98.100 635.888
201705 548.286 98.600 631.141
201708 549.474 98.500 633.150
201711 571.891 99.100 654.991
201802 590.611 99.500 673.712
201805 595.623 99.300 680.798
201808 614.709 99.800 699.093
201811 616.407 100.000 699.622
201902 621.283 99.700 707.278
201905 618.675 100.000 702.196
201908 644.172 100.000 731.135
201911 648.614 100.500 732.514
202002 668.798 100.300 756.815
202005 672.593 100.100 762.630
202008 704.136 100.100 798.396
202011 710.590 99.500 810.573
202102 722.695 99.800 821.903
202105 736.068 99.400 840.480
202108 771.093 99.700 877.824
202111 779.675 100.100 884.047
202202 801.931 100.700 903.865
202205 813.065 101.800 906.512
202208 847.026 102.700 936.100
202211 850.751 103.900 929.357
202302 873.059 104.000 952.810
202305 877.097 105.100 947.198
202308 897.379 105.900 961.780
202311 888.068 106.900 942.897
202402 907.558 106.900 963.591
202405 900.922 108.100 945.926
202408 914.710 109.100 951.600
202411 907.478 110.000 936.352
202502 953.688 110.800 976.928
202505 945.723 111.800 960.103
202508 973.421 112.100 985.578
202511 975.237 113.200 977.822
202602 994.391 112.200 1,005.912
202605 995.776 113.500 995.776

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827.92 mean?
Bellsystem24 Holdings (TSE:6183) has a Cyclically Adjusted Book per Share of 円827.92 as of May. 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 Bellsystem24 Holdings and its competitors.
Is Bellsystem24 Holdings' Cyclically Adjusted Book per Share too high?
Bellsystem24 Holdings' current Cyclically Adjusted Book per Share is 円827.92. Overall, Bellsystem24 Holdings has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Bellsystem24 Holdings' Cyclically Adjusted Book per Share compare to CTAS and CPRT?
Bellsystem24 Holdings' Cyclically Adjusted Book per Share of 円827.92 can be compared against companies in the Business 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 Business Services company?
A good Cyclically Adjusted Book per Share depends on the Business 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 Bellsystem24 Holdings and its competitors. Bellsystem24 Holdings's current Cyclically Adjusted Book per Share is 円827.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bellsystem24 Holdings stock overvalued right now?
Based on GuruFocus' analysis, Bellsystem24 Holdings (TSE:6183) is currently considered Fairly Valued. The stock's GF Value™ is 円1,424.51, compared to a current price of 円1,378.00 — trading 3.3% below its estimated fair value. The current Cyclically Adjusted Book per Share is 円827.92. Bellsystem24 Holdings' overall GF Score™ is 76/100 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 Bellsystem24 Holdings (TSE:6183), the current Cyclically Adjusted Book per Share is 円827.92 as of May. 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 Bellsystem24 Holdings (TSE:6183) Overvalued in 2026?

Based on GuruFocus' analysis, Bellsystem24 Holdings stock appears to be undervalued. The current stock price of 円1,378.00 is trading 3.3% below its estimated GF Value™ of 円1,424.51. GuruFocus considers Bellsystem24 Holdings to be Fairly Valued.

Key valuation signals for TSE:6183:

  • Cyclically Adjusted Book per Share: 円827.92
  • GF Value™: 円1,424.51 vs. price of 円1,378.00 (3.3% below fair value)
  • GF Score™: 76/100 with 4 warning signs

No single metric tells the full story. See the TSE:6183 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bellsystem24 Holdings Business Description

Address 4-1-1 Toranomon, 6th Floor, Kamiyacho Trust Tower, Minato-ku, Tokyo, JPN, 105-6906
Bellsystem24 Holdings Inc is a holding company engaged in the business of contact center services. The company through its subsidiaries involves in various businesses which includes formulating group strategies, control group companies and distribute group's management resources. It also operates as a specialized research organization (SRO) that supports the development of pharmaceutical products and medical equipment.
76GF Score

Get the complete analysis for TSE:6183

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

円1,378.00
Price
円1,424.51
GF Value