Aiming (FRA:23Q) Cyclically Adjusted PB Ratio: 1.26 (As of Aug. 16, 2026) — 23% Below Median

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FRA:23Q Aiming Inc FRA:23Q
60 GF Score
Price €0.89
GF Value €0.90
! 4 Warning Signs
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What is Aiming Cyclically Adjusted PB Ratio?

Aiming FRA:23Q +1.72% 60 Cyclically Adjusted PB Ratio is 1.26 as of Aug. 16, 2026, which is 23% below its 10-year median of 1.63. GuruFocus rates FRA:23Q with a GF Score™ of 60/100 and a GF Value™ of €0.90. The stock has 4 warning signs investors should review. Among 344 Interactive Media companies, Aiming ranks better than 52.91% on this metric.

As of today (2026-08-16), Aiming's current share price is €0.885. Aiming's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €0.70. Aiming's Cyclically Adjusted PB Ratio for today is 1.26.

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

FRA:23Q' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.24   Med: 1.63   Max: 2.08
Current: 1.28

During the past years, Aiming's highest Cyclically Adjusted PB Ratio was 2.08. The lowest was 1.24. And the median was 1.63.

FRA:23Q's Cyclically Adjusted PB Ratio is ranked better than
52.91% of 344 companies
in the Interactive Media industry
Industry Median: 1.505 vs FRA:23Q: 1.28

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.

Aiming's adjusted book value per share data for the three months ended in Mar. 2026 was €0.822. 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 €0.70 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Aiming  (FRA:23Q) 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.


Aiming Cyclically Adjusted PB Ratio Related Terms


Aiming Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Aiming'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.

Aiming Cyclically Adjusted PB Ratio Chart

Aiming Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 1.48 1.63

Aiming Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 1.84 1.99 1.63 1.43 0.00

FRA:23Q vs NTES, EA, TTWO: Cyclically Adjusted PB Ratio Comparison

For the Electronic Gaming & Multimedia subindustry, Aiming'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.


Aiming Cyclically Adjusted PB Ratio vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Aiming's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FRA:23Q
60GF Score
Aiming Inc FRA:23Q
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Aiming 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.

Aiming's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.885/0.70
=1.26

* 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.

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

For example, Aiming'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)
=0.822/112.7000*112.7000
=0.822

Current CPI (Mar. 2026) = 112.7000.

Aiming Quarterly Data

Book Value per Share CPI Adj_Book
201606 1.769 98.100 2.032
201609 1.549 98.000 1.781
201612 1.480 98.400 1.695
201703 1.471 98.100 1.690
201706 1.229 98.500 1.406
201709 0.934 98.800 1.065
201712 0.696 99.400 0.789
201803 0.553 99.200 0.628
201806 0.459 99.200 0.521
201809 0.447 99.900 0.504
201812 0.364 99.700 0.411
201903 0.529 99.700 0.598
201906 0.424 99.800 0.479
201909 0.369 100.100 0.415
201912 0.258 100.500 0.289
202003 0.348 100.300 0.391
202006 0.577 99.900 0.651
202009 0.903 99.900 1.019
202012 0.998 99.300 1.133
202103 1.060 99.900 1.196
202106 1.101 99.500 1.247
202109 1.179 100.100 1.327
202112 1.214 100.100 1.367
202203 1.224 101.100 1.364
202206 1.153 101.800 1.276
202209 1.151 103.100 1.258
202212 1.177 104.100 1.274
202303 1.200 104.400 1.295
202306 1.063 105.200 1.139
202309 0.883 106.200 0.937
202312 0.710 106.800 0.749
202403 0.760 107.200 0.799
202406 0.655 108.200 0.682
202409 0.696 108.900 0.720
202412 0.770 110.700 0.784
202503 0.822 111.100 0.834
202506 0.855 111.700 0.863
202509 0.864 112.000 0.869
202512 0.807 113.000 0.805
202603 0.822 112.700 0.822

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 1.26 mean?
Aiming (FRA:23Q) has a Cyclically Adjusted PB Ratio of 1.26 as of Aug. 16, 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 Aiming and its competitors. This is 23% below median its historical median of 1.63. Over the past decade, Aiming's Cyclically Adjusted PB Ratio has ranged from 1.24 to 2.08. According to the industry distribution chart, Aiming ranks #162 out of 344 companies in the Interactive Media industry, placing it in the top 47.1%.
Is Aiming's Cyclically Adjusted PB Ratio too high?
Aiming's current Cyclically Adjusted PB Ratio of 1.26 is 23% below median its 10-year median of 1.63. Over the past 10 years, this metric has ranged from a low of 1.24 to a high of 2.08. The Interactive Media industry median Cyclically Adjusted PB Ratio is 1.51. Aiming's value of 1.26 is 16.3% below this industry median. Based on the distribution chart, Aiming ranks #162 out of 344 companies in the Interactive Media industry, which is above the industry midpoint. Overall, Aiming has a GF Score™ of 60/100, reflecting its overall financial health beyond just this single metric.
How does Aiming's Cyclically Adjusted PB Ratio compare to NTES and EA?
According to the Interactive Media industry distribution chart, Aiming ranks #162 out of 344 companies for Cyclically Adjusted PB Ratio. This puts Aiming in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.51. Aiming's value of 1.26 is 16.3% below this benchmark. Historically, Aiming's own Cyclically Adjusted PB Ratio has ranged from 1.24 to 2.08 over the past decade. While the company's 10-year median is 1.63 vs. the industry median of 1.51, Aiming has consistently been below 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 an Interactive Media company?
The median Cyclically Adjusted PB Ratio among Interactive Media companies is 1.51, based on 344 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. Aiming's current Cyclically Adjusted PB Ratio of 1.26 is 16.3% below 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 Aiming and its competitors. For the Interactive Media industry, the median Cyclically Adjusted PB Ratio is 1.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aiming's current Cyclically Adjusted PB Ratio is 1.26, which is 23% below median its own 10-year median of 1.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aiming stock overvalued right now?
Aiming (FRA:23Q) has a current Cyclically Adjusted PB Ratio of 1.26. The stock's GF Value™ is €0.90, compared to a current price of €0.89 — trading 1.7% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.26, which is 23% below median its 10-year median of 1.63 and 16.3% below the Interactive Media industry median of 1.51. Aiming's overall GF Score™ is 60/100 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 PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Aiming (FRA:23Q), the current Cyclically Adjusted PB Ratio is 1.26 as of Aug. 16, 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 Aiming (FRA:23Q) Overvalued in 2026?

Based on GuruFocus' analysis, Aiming stock appears to be undervalued. The current stock price of €0.89 is trading 1.7% below its estimated GF Value™ of €0.90.

Key valuation signals for FRA:23Q:

  • Cyclically Adjusted PB Ratio: 1.26 (23% below median its 10-year median of 1.63)
  • GF Value™: €0.90 vs. price of €0.89 (1.7% below fair value)
  • GF Score™: 60/100 with 4 warning signs
  • Industry Position: 16.3% below the Interactive Media median (#162 of 344)

No single metric tells the full story. See the FRA:23Q stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Aiming Business Description

Other Exchanges 3911:Japan
Address 5-31-11 Sendagaya, 5th Floor, Sumitomo Fudosan Shinjuku South Exit Building, Shibuya-ku, Tokyo, JPN, 151-005
Aiming Inc engages in the online game business. It develops and operates social games intended for smartphones, and the applications are distributed through different platforms. It also provides game licenses held by the Group to other distributors. The company's products include Inazuma Eleven Cross, Power Pro Adventures, WIND BREAKER: A Heroic Tale of Delinquents, Legend of the Galactic Heroes: Die Neue Saga, etc. It operates in a single segment, "Online Game Business," which is broadly divided into two categories: i) Online game distribution services and ii) Online game production/operation outsourcing services.
60GF Score

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

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