Digital Hearts Holdings Co (FRA:957) Cyclically Adjusted PB Ratio: 2.48 (As of Aug. 14, 2026) — 65% Below Median

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FRA:957 Digital Hearts Holdings Co Ltd FRA:957
78 GF Score
Price €3.90
GF Value €3.56
! 6 Warning Signs
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What is Digital Hearts Holdings Co Cyclically Adjusted PB Ratio?

Digital Hearts Holdings Co FRA:957 78 Cyclically Adjusted PB Ratio is 2.48 as of Aug. 14, 2026, which is 65% below its 10-year median of 7.09. GuruFocus rates FRA:957 with a GF Score™ of 78/100 and a GF Value™ of €3.56. The stock has 6 warning signs investors should review. Among 1,552 Software companies, Digital Hearts Holdings Co ranks worse than 63.53% on this metric.

As of today (2026-08-14), Digital Hearts Holdings Co's current share price is €3.90. Digital Hearts Holdings Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €1.57. Digital Hearts Holdings Co's Cyclically Adjusted PB Ratio for today is 2.48.

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

FRA:957' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.24   Med: 7.09   Max: 15.86
Current: 3.47

During the past years, Digital Hearts Holdings Co's highest Cyclically Adjusted PB Ratio was 15.86. The lowest was 2.24. And the median was 7.09.

FRA:957's Cyclically Adjusted PB Ratio is ranked worse than
63.53% of 1552 companies
in the Software industry
Industry Median: 2.315 vs FRA:957: 3.47

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.

Digital Hearts Holdings Co's adjusted book value per share data for the three months ended in Mar. 2026 was €2.354. 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 €1.57 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Digital Hearts Holdings Co  (FRA:957) 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.


Digital Hearts Holdings Co Cyclically Adjusted PB Ratio Related Terms


Digital Hearts Holdings Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Digital Hearts Holdings Co'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.

Digital Hearts Holdings Co Cyclically Adjusted PB Ratio Chart

Digital Hearts Holdings Co 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 9.72 6.65 3.90 3.58 2.74

Digital Hearts Holdings Co 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 3.55 3.37 3.05 2.74 0.00

FRA:957 vs IBM, ACN, FISV: Cyclically Adjusted PB Ratio Comparison

For the Information Technology Services subindustry, Digital Hearts Holdings 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.


Digital Hearts Holdings Co Cyclically Adjusted PB Ratio vs Software Industry

For the Software industry and Technology sector, Digital Hearts Holdings Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FRA:957
78GF Score
Digital Hearts Holdings Co Ltd FRA:957
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Digital Hearts Holdings Co 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.

Digital Hearts Holdings Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3.90/1.57
=2.48

* 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.

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

For example, Digital Hearts Holdings 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)
=2.354/112.7000*112.7000
=2.354

Current CPI (Mar. 2026) = 112.7000.

Digital Hearts Holdings Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 1.101 98.100 1.265
201609 1.195 98.000 1.374
201612 1.179 98.400 1.350
201703 0.993 98.100 1.141
201706 0.917 98.500 1.049
201709 1.028 98.800 1.173
201712 1.090 99.400 1.236
201803 1.182 99.200 1.343
201806 1.386 99.200 1.575
201809 1.524 99.900 1.719
201812 1.596 99.700 1.804
201903 1.749 99.700 1.977
201906 1.785 99.800 2.016
201909 1.957 100.100 2.203
201912 1.885 100.500 2.114
202003 1.927 100.300 2.165
202006 1.869 99.900 2.108
202009 1.945 99.900 2.194
202012 2.020 99.300 2.293
202103 2.040 99.900 2.301
202106 2.111 99.500 2.391
202109 2.321 100.100 2.613
202112 2.458 100.100 2.767
202203 2.475 101.100 2.759
202206 2.456 101.800 2.719
202209 2.791 103.100 3.051
202212 3.109 104.100 3.366
202303 2.767 104.400 2.987
202306 2.544 105.200 2.725
202309 2.285 106.200 2.425
202312 2.333 106.800 2.462
202403 2.320 107.200 2.439
202406 0.000 108.200 0.000
202409 2.485 108.900 2.572
202412 2.598 110.700 2.645
202503 2.493 111.100 2.529
202506 2.414 111.700 2.436
202509 2.381 112.000 2.396
202512 2.376 113.000 2.370
202603 2.354 112.700 2.354

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 2.48 mean?
Digital Hearts Holdings Co (FRA:957) has a Cyclically Adjusted PB Ratio of 2.48 as of Aug. 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 Digital Hearts Holdings Co and its competitors. This is 65% below median its historical median of 7.09. Over the past decade, Digital Hearts Holdings Co's Cyclically Adjusted PB Ratio has ranged from 2.24 to 15.86. According to the industry distribution chart, Digital Hearts Holdings Co ranks #986 out of 1552 companies in the Software industry, placing it in the top 63.5%.
Is Digital Hearts Holdings Co's Cyclically Adjusted PB Ratio too high?
Digital Hearts Holdings Co's current Cyclically Adjusted PB Ratio of 2.48 is 65% below median its 10-year median of 7.09. Over the past 10 years, this metric has ranged from a low of 2.24 to a high of 15.86. The Software industry median Cyclically Adjusted PB Ratio is 2.32. Digital Hearts Holdings Co's value of 2.48 is 7.1% above this industry median. Based on the distribution chart, Digital Hearts Holdings Co ranks #986 out of 1552 companies in the Software industry, which is below the industry midpoint. Overall, Digital Hearts Holdings Co has a GF Score™ of 78/100, reflecting its overall financial health beyond just this single metric.
How does Digital Hearts Holdings Co's Cyclically Adjusted PB Ratio compare to IBM and ACN?
According to the Software industry distribution chart, Digital Hearts Holdings Co ranks #986 out of 1552 companies for Cyclically Adjusted PB Ratio. This places Digital Hearts Holdings Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.32. Digital Hearts Holdings Co's value of 2.48 is 7.1% above this benchmark. Historically, Digital Hearts Holdings Co's own Cyclically Adjusted PB Ratio has ranged from 2.24 to 15.86 over the past decade. While the company's 10-year median is 7.09 vs. the industry median of 2.32, Digital Hearts Holdings Co 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 Software company?
The median Cyclically Adjusted PB Ratio among Software companies is 2.32, based on 1,552 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. Digital Hearts Holdings Co's current Cyclically Adjusted PB Ratio of 2.48 is 7.1% 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 Digital Hearts Holdings Co and its competitors. For the Software industry, the median Cyclically Adjusted PB Ratio is 2.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Digital Hearts Holdings Co's current Cyclically Adjusted PB Ratio is 2.48, which is 65% below median its own 10-year median of 7.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Digital Hearts Holdings Co stock overvalued right now?
Digital Hearts Holdings Co (FRA:957) has a current Cyclically Adjusted PB Ratio of 2.48. The stock's GF Value™ is €3.56, compared to a current price of €3.90 — trading 9.6% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.48, which is 65% below median its 10-year median of 7.09 and 7.1% above the Software industry median of 2.32. Digital Hearts Holdings Co's overall GF Score™ is 78/100 with 6 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 Digital Hearts Holdings Co (FRA:957), the current Cyclically Adjusted PB Ratio is 2.48 as of Aug. 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 Digital Hearts Holdings Co (FRA:957) Overvalued in 2026?

Based on GuruFocus' analysis, Digital Hearts Holdings Co stock appears to be overvalued. The current stock price of €3.90 is trading 9.6% above its estimated GF Value™ of €3.56.

Key valuation signals for FRA:957:

  • Cyclically Adjusted PB Ratio: 2.48 (65% below median its 10-year median of 7.09)
  • GF Value™: €3.56 vs. price of €3.90 (9.6% above fair value)
  • GF Score™: 78/100 with 6 warning signs
  • Industry Position: 7.1% above the Software median (#986 of 1552)

No single metric tells the full story. See the FRA:957 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Digital Hearts Holdings Co Business Description

Other Exchanges 3676:Japan
Address 41st Floor, Tokyo Opera City Building, 3-20-2 Nishi-shinjuku, Shinjuku-ku, Tokyo, JPN, 163-1441
Digital Hearts Holdings Co Ltd is a Japan-based company engaged in Entertainment Business and Enterprise Business. Its Entertainment business is involved in Debugging Business, Media Business and Creative Business. Its Enterprise Business is involved in Testing and Monitoring, Security and System Development.
78GF Score

Get the complete analysis for FRA:957

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

€3.90
Price
€3.56
GF Value