Dentsu Soken (FRA:ISW) Cyclically Adjusted PB Ratio: 7.51 (As of Aug. 05, 2026) — 38% Above Median

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FRA:ISW Dentsu Soken Inc FRA:ISW
87 GF Score
Price €14.50
GF Value €12.30
! 6 Warning Signs
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What is Dentsu Soken Cyclically Adjusted PB Ratio?

Dentsu Soken FRA:ISW -1.36% 87 Cyclically Adjusted PB Ratio is 7.51 as of Aug. 05, 2026, which is 38% above its 10-year median of 5.43. GuruFocus rates FRA:ISW with a GF Score™ of 87/100 and a GF Value™ of €12.30. The stock has 6 warning signs investors should review. Among 1,568 Software companies, Dentsu Soken ranks worse than 85.4% on this metric.

As of today (2026-08-05), Dentsu Soken's current share price is €14.50. Dentsu Soken's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was €1.93. Dentsu Soken's Cyclically Adjusted PB Ratio for today is 7.51.

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

FRA:ISW' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.95   Med: 5.43   Max: 7.67
Current: 7.44

During the past years, Dentsu Soken's highest Cyclically Adjusted PB Ratio was 7.67. The lowest was 1.95. And the median was 5.43.

FRA:ISW's Cyclically Adjusted PB Ratio is ranked worse than
85.4% of 1568 companies
in the Software industry
Industry Median: 2.23 vs FRA:ISW: 7.44

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.

Dentsu Soken's adjusted book value per share data for the three months ended in Dec. 2025 was €2.811. 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 €1.93 for the trailing ten years ended in Dec. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Dentsu Soken  (FRA:ISW) 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.


Dentsu Soken Cyclically Adjusted PB Ratio Related Terms


Dentsu Soken Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Dentsu Soken'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.

Dentsu Soken Cyclically Adjusted PB Ratio Chart

Dentsu Soken 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 5.34 4.86 6.59 5.93 7.58

Dentsu Soken 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 6.03 6.50 6.16 7.58 0.00

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

For the Information Technology Services subindustry, Dentsu Soken'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.


Dentsu Soken Cyclically Adjusted PB Ratio vs Software Industry

For the Software industry and Technology sector, Dentsu Soken's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FRA:ISW
87GF Score
Dentsu Soken Inc FRA:ISW
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Dentsu Soken 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.

Dentsu Soken's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=14.50/1.93
=7.51

* 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.

Dentsu Soken's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 is calculated as:

For example, Dentsu Soken's adjusted Book Value per Share data for the three months ended in Dec. 2025 was:

Adj_Book=Book Value per Share/CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=2.811/113.0000*113.0000
=2.811

Current CPI (Dec. 2025) = 113.0000.

Dentsu Soken Quarterly Data

Book Value per Share CPI Adj_Book
201603 1.741 97.900 2.010
201606 1.872 98.100 2.156
201609 1.938 98.000 2.235
201612 1.881 98.400 2.160
201703 1.921 98.100 2.213
201706 1.921 98.500 2.204
201709 1.784 98.800 2.040
201712 1.828 99.400 2.078
201803 1.890 99.200 2.153
201806 1.965 99.200 2.238
201809 1.941 99.900 2.196
201812 2.041 99.700 2.313
201903 2.100 99.700 2.380
201906 2.225 99.800 2.519
201909 2.318 100.100 2.617
201912 2.315 100.500 2.603
202003 2.385 100.300 2.687
202006 2.447 99.900 2.768
202009 2.398 99.900 2.712
202012 2.413 99.300 2.746
202103 2.398 99.900 2.712
202106 2.411 99.500 2.738
202109 2.483 100.100 2.803
202112 2.603 100.100 2.938
202203 2.658 101.100 2.971
202206 2.552 101.800 2.833
202209 2.562 103.100 2.808
202212 2.647 104.100 2.873
202303 2.679 104.400 2.900
202306 2.627 105.200 2.822
202309 2.570 106.200 2.735
202312 2.707 106.800 2.864
202403 2.630 107.200 2.772
202406 2.621 108.200 2.737
202409 2.776 108.900 2.881
202412 2.900 110.700 2.960
202503 2.916 111.100 2.966
202506 2.916 111.700 2.950
202509 2.811 112.000 2.836
202512 2.811 113.000 2.811

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 7.51 mean?
Dentsu Soken (FRA:ISW) has a Cyclically Adjusted PB Ratio of 7.51 as of Aug. 05, 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 Dentsu Soken and its competitors. This is 38% above median its historical median of 5.43. Over the past decade, Dentsu Soken's Cyclically Adjusted PB Ratio has ranged from 1.95 to 7.67. According to the industry distribution chart, Dentsu Soken ranks #1339 out of 1568 companies in the Software industry, placing it in the top 85.4%.
Is Dentsu Soken's Cyclically Adjusted PB Ratio too high?
Dentsu Soken's current Cyclically Adjusted PB Ratio of 7.51 is 38% above median its 10-year median of 5.43. Over the past 10 years, this metric has ranged from a low of 1.95 to a high of 7.67. The Software industry median Cyclically Adjusted PB Ratio is 2.23. Dentsu Soken's value of 7.51 is 236.8% above this industry median. Based on the distribution chart, Dentsu Soken ranks #1339 out of 1568 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Dentsu Soken has a GF Score™ of 87/100, reflecting its overall financial health beyond just this single metric.
How does Dentsu Soken's Cyclically Adjusted PB Ratio compare to IBM and ACN?
According to the Software industry distribution chart, Dentsu Soken ranks #1339 out of 1568 companies for Cyclically Adjusted PB Ratio. This places Dentsu Soken in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.23. Dentsu Soken's value of 7.51 is 236.8% above this benchmark. Historically, Dentsu Soken's own Cyclically Adjusted PB Ratio has ranged from 1.95 to 7.67 over the past decade. While the company's 10-year median is 5.43 vs. the industry median of 2.23, Dentsu Soken 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 2.23, based on 1,568 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. Dentsu Soken's current Cyclically Adjusted PB Ratio of 7.51 is 236.8% 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 Dentsu Soken and its competitors. For the Software industry, the median Cyclically Adjusted PB Ratio is 2.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dentsu Soken's current Cyclically Adjusted PB Ratio is 7.51, which is 38% above median its own 10-year median of 5.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dentsu Soken stock overvalued right now?
Dentsu Soken (FRA:ISW) has a current Cyclically Adjusted PB Ratio of 7.51. The stock's GF Value™ is €12.30, compared to a current price of €14.50 — trading 17.9% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 7.51, which is 38% above median its 10-year median of 5.43 and 236.8% above the Software industry median of 2.23. Dentsu Soken's overall GF Score™ is 87/100 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 Dentsu Soken (FRA:ISW), the current Cyclically Adjusted PB Ratio is 7.51 as of Aug. 05, 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 Dentsu Soken (FRA:ISW) Overvalued in 2026?

Based on GuruFocus' analysis, Dentsu Soken stock appears to be overvalued. The current stock price of €14.50 is trading 17.9% above its estimated GF Value™ of €12.30.

Key valuation signals for FRA:ISW:

  • Cyclically Adjusted PB Ratio: 7.51 (38% above median its 10-year median of 5.43)
  • GF Value™: €12.30 vs. price of €14.50 (17.9% above fair value)
  • GF Score™: 87/100 with 6 warning signs
  • Industry Position: 236.8% above the Software median (#1339 of 1568)

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


Dentsu Soken Business Description

Other Exchanges IFMNF:USA4812:Japan
Address 17-1, Konan 2-chome, Minato-ku, Tokyo, JPN, 108-0075
Dentsu Soken Inc provides a range of information technology (IT) and consulting services. The company operates in four segments based on industry and solution: Financial Solutions, Business Solutions, Manufacturing Solutions, and Communication IT.
87GF Score

Get the complete analysis for FRA:ISW

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

€14.50
Price
€12.30
GF Value