Plat'Home Co (TSE:6836) Cyclically Adjusted Book per Share: 円170.60 (As of Mar. 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:6836 Plat'Home Co Ltd TSE:6836
57 GF Score
Price 円827.00
GF Value 円1,018.90
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Plat'Home Co Cyclically Adjusted Book per Share?

Plat'Home Co TSE:6836 +0.85% 57 Cyclically Adjusted Book per Share is 円170.60 as of Mar. 2026. GuruFocus rates TSE:6836 with a GF Score™ of 57/100 and a GF Value™ of 円1,018.90 (Modestly Undervalued). The stock has 2 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.

Plat'Home Co's adjusted book value per share for the three months ended in Mar. 2026 was 円93.883. 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170.60 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Plat'Home Co's average Cyclically Adjusted Book Growth Rate was -14.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -12.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -12.00% 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 Plat'Home Co was -11.20% per year. The lowest was -13.70% per year. And the median was -13.10% per year.

As of today (2026-08-28), Plat'Home Co's current stock price is 円827.00. Plat'Home Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円170.60. Plat'Home Co's Cyclically Adjusted PB Ratio of today is 4.85.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Plat'Home Co was 9.35. The lowest was 0.62. And the median was 1.34.


Plat'Home Co  (TSE:6836) 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.

Plat'Home Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=827.00/170.60
=4.85

* 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 Plat'Home Co was 9.35. The lowest was 0.62. And the median was 1.34.


Be Aware

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


Plat'Home Co Cyclically Adjusted Book per Share Related Terms


Plat'Home Co Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Plat'Home 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.

Plat'Home Co Cyclically Adjusted Book per Share Chart

Plat'Home Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 283.68 250.57 218.02 198.96 170.60

Plat'Home Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 191.45 184.05 178.12 170.60 0.00

TSE:6836 vs DELL, ANET, SNDK: Cyclically Adjusted Book per Share Comparison

For the Computer Hardware subindustry, Plat'Home 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.


Plat'Home Co Cyclically Adjusted PB Ratio vs Hardware Industry

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

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


TSE:6836
57GF Score
Plat'Home Co Ltd TSE:6836
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Plat'Home 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, Plat'Home Co's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book= Book Value per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=93.883/112.7000*112.7000
=93.883

Current CPI (Mar. 2026) = 112.7000.

Plat'Home Co Quarterly Data

Book Value per Share CPI Adj_Book
201603 314.819 97.900 362.412
201606 291.712 98.100 335.127
201609 277.736 98.000 319.396
201612 266.413 98.400 305.130
201703 257.766 98.100 296.129
201706 247.471 98.500 283.147
201709 242.789 98.800 276.947
201712 239.192 99.400 271.197
201803 229.145 99.200 260.329
201806 217.552 99.200 247.158
201809 204.676 99.900 230.901
201812 191.612 99.700 216.597
201903 186.033 99.700 210.290
201906 173.734 99.800 196.191
201909 164.187 100.100 184.854
201912 150.194 100.500 168.427
202003 146.595 100.300 164.718
202006 133.314 99.900 150.395
202009 124.858 99.900 140.856
202012 119.714 99.300 135.869
202103 113.470 99.900 128.009
202106 101.404 99.500 114.857
202109 121.489 100.100 136.781
202112 118.408 100.100 133.313
202203 115.844 101.100 129.136
202206 110.541 101.800 122.377
202209 97.789 103.100 106.894
202212 89.811 104.100 97.231
202303 101.904 104.400 110.006
202306 94.280 105.200 101.001
202309 86.325 106.200 91.609
202312 81.031 106.800 85.507
202403 78.376 107.200 82.397
202406 85.044 108.200 88.581
202409 85.066 108.900 88.034
202503 87.803 111.100 89.067
202506 86.669 111.700 87.445
202509 91.671 112.000 92.244
202512 89.682 113.000 89.444
202603 93.883 112.700 93.883

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170.60 mean?
Plat'Home Co (TSE:6836) has a Cyclically Adjusted Book per Share of 円170.60 as of Mar. 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 Plat'Home Co and its competitors.
Is Plat'Home Co's Cyclically Adjusted Book per Share too high?
Plat'Home Co's current Cyclically Adjusted Book per Share is 円170.60. Overall, Plat'Home Co has a GF Score™ of 57/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Plat'Home Co's Cyclically Adjusted Book per Share compare to DELL and ANET?
Plat'Home Co's Cyclically Adjusted Book per Share of 円170.60 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 Plat'Home Co and its competitors. Plat'Home Co's current Cyclically Adjusted Book per Share is 円170.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Plat'Home Co stock overvalued right now?
Based on GuruFocus' analysis, Plat'Home Co (TSE:6836) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,018.90, compared to a current price of 円827.00 — trading 18.8% below its estimated fair value. The current Cyclically Adjusted Book per Share is 円170.60. Plat'Home Co's overall GF Score™ is 57/100 with 2 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 Plat'Home Co (TSE:6836), the current Cyclically Adjusted Book per Share is 円170.60 as of Mar. 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 Plat'Home Co (TSE:6836) Overvalued in 2026?

Based on GuruFocus' analysis, Plat'Home Co stock appears to be undervalued. The current stock price of 円827.00 is trading 18.8% below its estimated GF Value™ of 円1,018.90. GuruFocus considers Plat'Home Co to be Modestly Undervalued.

Key valuation signals for TSE:6836:

  • Cyclically Adjusted Book per Share: 円170.60
  • GF Value™: 円1,018.90 vs. price of 円827.00 (18.8% below fair value)
  • GF Score™: 57/100 with 2 warning signs

No single metric tells the full story. See the TSE:6836 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Plat'Home Co Business Description

Address Nihon Building Kudan Bekkan, 3rd floor, Chiyoda-ku, Tokyo, JPN, 102-0073
Plat'Home Co Ltd develops, manufactures, and sells computers related products in Japan. The company offers micro-servers and IA server storage products, which include OpenBlocks IoT BX1G, an Internet of Things gateway for connecting various sensors, beacons, and devices to the cloud.
57GF Score

Get the complete analysis for TSE:6836

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

円827.00
Price
円1,018.90
GF Value