CMSYF (Comsys Holdings) Cyclically Adjusted PB Ratio: 1.79 (As of Jul. 14, 2026) — 15% Above Median

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.

CMSYF Comsys Holdings Corp CMSYF
82 GF Score
Price $25.00
GF Value $17.07
! 2 Warning Signs
View Full Analysis

What is Comsys Holdings Cyclically Adjusted PB Ratio?

Comsys Holdings CMSYF 82 Cyclically Adjusted PB Ratio is 1.79 as of Jul. 14, 2026, which is 15% above its 10-year median of 1.56. GuruFocus rates CMSYF with a GF Score™ of 82/100 and a GF Value™ of $17.07. The stock has 2 warning signs investors should review. Among 1,359 Construction companies, Comsys Holdings ranks worse than 66.23% on this metric.

As of today (2026-07-14), Comsys Holdings's current share price is $25.00. Comsys Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $13.96. Comsys Holdings's Cyclically Adjusted PB Ratio for today is 1.79.

The historical rank and industry rank for Comsys Holdings's Cyclically Adjusted PB Ratio or its related term are showing as below:

CMSYF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.06   Med: 1.56   Max: 2.27
Current: 1.92

During the past years, Comsys Holdings's highest Cyclically Adjusted PB Ratio was 2.27. The lowest was 1.06. And the median was 1.56.

CMSYF's Cyclically Adjusted PB Ratio is ranked worse than
66.23% of 1359 companies
in the Construction industry
Industry Median: 1.19 vs CMSYF: 1.92

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.

Comsys Holdings's adjusted book value per share data for the three months ended in Mar. 2026 was $21.837. 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 $13.96 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Comsys Holdings  (OTCPK:CMSYF) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Comsys Holdings Cyclically Adjusted PB Ratio Related Terms


Comsys Holdings Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Comsys Holdings's Cyclically Adjusted PB Ratio 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.

Comsys Holdings Cyclically Adjusted PB Ratio Chart

Comsys Holdings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.33 1.11 1.48 1.22 1.79

Comsys Holdings Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted PB Ratio 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 1.22 1.26 1.37 1.65 1.79

CMSYF vs PWR, FIX, EME: Cyclically Adjusted PB Ratio Comparison

For the Engineering & Construction subindustry, Comsys 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.


Comsys Holdings Cyclically Adjusted PB Ratio vs Construction Industry

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

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


CMSYF
82GF Score
Comsys Holdings Corp CMSYF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Comsys Holdings Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Comsys Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=25.00/13.96
=1.79

* 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.

Comsys Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Comsys Holdings'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)
=21.837/112.7000*112.7000
=21.837

Current CPI (Mar. 2026) = 112.7000.

Comsys Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201606 16.940 98.100 19.461
201609 17.476 98.000 20.097
201612 15.291 98.400 17.513
201703 16.416 98.100 18.859
201706 16.761 98.500 19.177
201709 17.360 98.800 19.802
201712 17.157 99.400 19.453
201803 18.981 99.200 21.564
201806 18.289 99.200 20.778
201809 18.263 99.900 20.603
201812 20.047 99.700 22.661
201903 20.905 99.700 23.631
201906 21.412 99.800 24.180
201909 21.903 100.100 24.660
201912 21.686 100.500 24.319
202003 22.569 100.300 25.359
202006 22.508 99.900 25.392
202009 23.437 99.900 26.440
202012 24.003 99.300 27.242
202103 24.156 99.900 27.251
202106 23.838 99.500 27.000
202109 24.329 100.100 27.391
202112 23.611 100.100 26.583
202203 23.340 101.100 26.018
202206 20.490 101.800 22.684
202209 19.347 103.100 21.148
202212 20.507 104.100 22.201
202303 21.187 104.400 22.871
202306 19.969 105.200 21.393
202309 19.495 106.200 20.688
202312 20.190 106.800 21.305
202403 20.295 107.200 21.336
202406 19.100 108.200 19.894
202409 21.418 108.900 22.165
202412 20.083 110.700 20.446
202503 21.381 111.100 21.689
202506 22.010 111.700 22.207
202509 22.022 112.000 22.160
202512 21.128 113.000 21.072
202603 21.837 112.700 21.837

Add all the adjusted book value per share together and divide the count will get our 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.

What does a Cyclically Adjusted PB Ratio of 1.79 mean?
Comsys Holdings (CMSYF) has a Cyclically Adjusted PB Ratio of 1.79 as of Jul. 14, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Comsys Holdings and its competitors. This is 15% above median its historical median of 1.56. Over the past decade, Comsys Holdings' Cyclically Adjusted PB Ratio has ranged from 1.06 to 2.27. According to the industry distribution chart, Comsys Holdings ranks #900 out of 1359 companies in the Construction industry, placing it in the top 66.2%.
Is Comsys Holdings' Cyclically Adjusted PB Ratio too high?
Comsys Holdings' current Cyclically Adjusted PB Ratio of 1.79 is 15% above median its 10-year median of 1.56. Over the past 10 years, this metric has ranged from a low of 1.06 to a high of 2.27. The Construction industry median Cyclically Adjusted PB Ratio is 1.19. Comsys Holdings' value of 1.79 is 50.4% above this industry median. Based on the distribution chart, Comsys Holdings ranks #900 out of 1359 companies in the Construction industry, which is below the industry midpoint. Overall, Comsys Holdings has a GF Score™ of 82/100, reflecting its overall financial health beyond just this single metric.
How does Comsys Holdings' Cyclically Adjusted PB Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, Comsys Holdings ranks #900 out of 1359 companies for Cyclically Adjusted PB Ratio. This places Comsys Holdings in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.19. Comsys Holdings' value of 1.79 is 50.4% above this benchmark. Historically, Comsys Holdings' own Cyclically Adjusted PB Ratio has ranged from 1.06 to 2.27 over the past decade. While the company's 10-year median is 1.56 vs. the industry median of 1.19, Comsys Holdings has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a Construction company?
The median Cyclically Adjusted PB Ratio among Construction companies is 1.19, based on 1,359 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Comsys Holdings's current Cyclically Adjusted PB Ratio of 1.79 is 50.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Comsys Holdings and its competitors. For the Construction industry, the median Cyclically Adjusted PB Ratio is 1.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Comsys Holdings's current Cyclically Adjusted PB Ratio is 1.79, which is 15% above median its own 10-year median of 1.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Comsys Holdings stock overvalued right now?
Comsys Holdings (CMSYF) has a current Cyclically Adjusted PB Ratio of 1.79. The stock's GF Value™ is $17.07, compared to a current price of $25.00 — trading 46.5% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.79, which is 15% above median its 10-year median of 1.56 and 50.4% above the Construction industry median of 1.19. Comsys Holdings' overall GF Score™ is 82/100 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 PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Comsys Holdings (CMSYF), the current Cyclically Adjusted PB Ratio is 1.79 as of Jul. 14, 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 Comsys Holdings (CMSYF) Overvalued in 2026?

Based on GuruFocus' analysis, Comsys Holdings stock appears to be overvalued. The current stock price of $25.00 is trading 46.5% above its estimated GF Value™ of $17.07.

Key valuation signals for CMSYF:

  • Cyclically Adjusted PB Ratio: 1.79 (15% above median its 10-year median of 1.56)
  • GF Value™: $17.07 vs. price of $25.00 (46.5% above fair value)
  • GF Score™: 82/100 with 2 warning signs
  • Industry Position: 50.4% above the Construction median (#900 of 1359)

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


Comsys Holdings Business Description

Other Exchanges 1721:JapanCS7:Germany
Address 2-17-1 Higashigotanda, Shinagawa-ku, Tokyo, JPN, 141-8647
Comsys Holdings Corp installs electrical and telecommunications facilities and equipment. The company operates through the Comsys Information Systems Group segment, Hokuriku Telephone Construction Group segment, NDS Group segment, Nippon Comsys Group segment, SYSKEN Group segment, Sanwa Comsys Engineering Group segment, TOSYS Group segment, Tsuken Group segment, and Others segment. It generates the majority of its revenue from the Nippon Comsys Group segment, which is engaged in the construction of telecommunications facilities focusing on the Nippon Telegraph and Telephone Corporation (NTT) group.
82GF Score

Get the complete analysis for CMSYF

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

$25.00
Price
$17.07
GF Value