Artiza Networks (TSE:6778) Cyclically Adjusted Book per Share: 円672.25 (As of Jan. 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:6778 Artiza Networks Inc TSE:6778
72 GF Score
Price 円688.00
GF Value 円541.84
Valuation Modestly Overvalued
! 7 Warning Signs
View Full Analysis

What is Artiza Networks Cyclically Adjusted Book per Share?

Artiza Networks TSE:6778 +1.03% 72 Cyclically Adjusted Book per Share is 円672.25 as of Jan. 2026. GuruFocus rates TSE:6778 with a GF Score™ of 72/100 and a GF Value™ of 円541.84 (Modestly Overvalued). The stock has 7 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.

Artiza Networks's adjusted book value per share for the three months ended in Jan. 2026 was 円750.735. 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672.25 for the trailing ten years ended in Jan. 2026.

During the past 12 months, Artiza Networks's average Cyclically Adjusted Book Growth Rate was 3.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 7.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 8.00% 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 Artiza Networks was 9.50% per year. The lowest was 0.30% per year. And the median was 7.80% per year.

As of today (2026-07-14), Artiza Networks's current stock price is 円688.00. Artiza Networks's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2026 was 円672.25. Artiza Networks's Cyclically Adjusted PB Ratio of today is 1.02.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Artiza Networks was 4.49. The lowest was 0.81. And the median was 1.97.


Artiza Networks  (TSE:6778) 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.

Artiza Networks's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=688.00/672.25
=1.02

* 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 Artiza Networks was 4.49. The lowest was 0.81. And the median was 1.97.


Be Aware

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


Artiza Networks Cyclically Adjusted Book per Share Related Terms


Artiza Networks Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Artiza Networks'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.

Artiza Networks Cyclically Adjusted Book per Share Chart

Artiza Networks Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 477.78 525.99 583.28 627.54 659.24

Artiza Networks Quarterly Data
Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 652.94 659.24 667.64 672.25 0.00

TSE:6778 vs CSCO, CIEN, MSI: Cyclically Adjusted Book per Share Comparison

For the Communication Equipment subindustry, Artiza Networks'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.


Artiza Networks Cyclically Adjusted PB Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Artiza Networks's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TSE:6778
72GF Score
Artiza Networks Inc TSE:6778
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Artiza Networks 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, Artiza Networks's adjusted Book Value per Share data for the three months ended in Jan. 2026 was:

Adj_Book= Book Value per Share /CPI of Jan. 2026 (Change)*Current CPI (Jan. 2026)
=750.735/112.9000*112.9000
=750.735

Current CPI (Jan. 2026) = 112.9000.

Artiza Networks Quarterly Data

Book Value per Share CPI Adj_Book
201601 544.602 97.700 629.330
201604 543.674 98.100 625.696
201607 539.872 97.900 622.590
201610 522.142 98.600 597.868
201701 522.726 98.200 600.975
201704 519.114 98.500 595.005
201707 521.552 98.300 599.015
201710 503.639 98.800 575.515
201801 466.829 99.500 529.698
201804 442.751 99.100 504.406
201807 396.149 99.200 450.859
201810 367.803 100.200 414.421
201901 356.987 99.700 404.251
201904 361.354 100.000 407.969
201907 411.120 99.800 465.085
201910 397.190 100.400 446.641
202001 467.691 100.500 525.396
202004 474.147 100.200 534.243
202007 492.247 100.000 555.747
202010 486.171 99.800 549.987
202101 543.980 99.800 615.384
202104 691.436 99.100 787.721
202107 714.405 99.700 808.990
202110 708.263 99.900 800.429
202201 787.668 100.300 886.617
202204 802.067 101.500 892.151
202207 821.637 102.300 906.772
202210 813.673 103.700 885.860
202301 848.084 104.700 914.505
202304 849.882 105.100 912.956
202307 811.500 105.700 866.777
202310 785.875 107.100 828.434
202401 770.430 106.900 813.672
202404 765.263 107.700 802.212
202407 765.502 108.600 795.812
202501 744.165 111.200 755.542
202504 737.720 111.500 746.983
202507 747.210 111.900 753.887
202510 729.167 112.800 729.813
202601 750.735 112.900 750.735

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672.25 mean?
Artiza Networks (TSE:6778) has a Cyclically Adjusted Book per Share of 円672.25 as of Jan. 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 Artiza Networks and its competitors.
Is Artiza Networks' Cyclically Adjusted Book per Share too high?
Artiza Networks' current Cyclically Adjusted Book per Share is 円672.25. Overall, Artiza Networks has a GF Score™ of 72/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Artiza Networks' Cyclically Adjusted Book per Share compare to CSCO and CIEN?
Artiza Networks' Cyclically Adjusted Book per Share of 円672.25 can be compared against companies in the Hardware 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 Hardware company?
A good Cyclically Adjusted Book per Share depends on the Hardware 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 Artiza Networks and its competitors. Artiza Networks's current Cyclically Adjusted Book per Share is 円672.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Artiza Networks stock overvalued right now?
Based on GuruFocus' analysis, Artiza Networks (TSE:6778) is currently considered Modestly Overvalued. The stock's GF Value™ is 円541.84, compared to a current price of 円688.00 — trading 27% above its estimated fair value. The current Cyclically Adjusted Book per Share is 円672.25. Artiza Networks' overall GF Score™ is 72/100 with 7 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 Artiza Networks (TSE:6778), the current Cyclically Adjusted Book per Share is 円672.25 as of Jan. 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 Artiza Networks (TSE:6778) Overvalued in 2026?

Based on GuruFocus' analysis, Artiza Networks stock appears to be overvalued. The current stock price of 円688.00 is trading 27% above its estimated GF Value™ of 円541.84. GuruFocus considers Artiza Networks to be Modestly Overvalued.

Key valuation signals for TSE:6778:

  • Cyclically Adjusted Book per Share: 円672.25
  • GF Value™: 円541.84 vs. price of 円688.00 (27% above fair value)
  • GF Score™: 72/100 with 7 warning signs

No single metric tells the full story. See the TSE:6778 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Artiza Networks Business Description

Address 2-36-2, Akebono-cho, Tachikawa-shi, Tokyo, JPN, 190-0012
Artiza Networks Inc is engaged in the development and sale of network management systems for maintenance and operation management of communication measuring instruments and communication infrastructure. It is also engaged in the development and sale of various communication equipments. The company offers LTE eNodeB testing products, such as Duo SIM- advanced load testers, functional testers, and environmental simulators; hardware blades; QoE optimization and packet capture tools.
72GF Score

Get the complete analysis for TSE:6778

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

円688.00
Price
円541.84
GF Value