Daiwa Computer Co (FRA:M2V) Cyclically Adjusted PB Ratio: 0.97 (As of Aug. 25, 2026) — 16% Below Median

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FRA:M2V Daiwa Computer Co Ltd FRA:M2V
84 GF Score
Price €6.00
GF Value €5.97
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What is Daiwa Computer Co Cyclically Adjusted PB Ratio?

Daiwa Computer Co FRA:M2V +0.84% 84 Cyclically Adjusted PB Ratio is 0.97 as of Aug. 25, 2026, which is 16% below its 10-year median of 1.15. GuruFocus rates FRA:M2V with a GF Score™ of 84/100 and a GF Value™ of €5.97. Among 1,515 Software companies, Daiwa Computer Co ranks better than 75.05% on this metric.

As of today (2026-08-25), Daiwa Computer Co's current share price is €6.00. Daiwa Computer Co's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2026 was €6.19. Daiwa Computer Co's Cyclically Adjusted PB Ratio for today is 0.97.

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

FRA:M2V' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.89   Med: 1.15   Max: 2.71
Current: 0.97

During the past years, Daiwa Computer Co's highest Cyclically Adjusted PB Ratio was 2.71. The lowest was 0.89. And the median was 1.15.

FRA:M2V's Cyclically Adjusted PB Ratio is ranked better than
75.05% of 1515 companies
in the Software industry
Industry Median: 2.31 vs FRA:M2V: 0.97

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.

Daiwa Computer Co's adjusted book value per share data for the three months ended in Jan. 2026 was €7.534. 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 €6.19 for the trailing ten years ended in Jan. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Daiwa Computer Co  (FRA:M2V) 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.


Daiwa Computer Co Cyclically Adjusted PB Ratio Related Terms


Daiwa Computer Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Daiwa Computer 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.

Daiwa Computer Co Cyclically Adjusted PB Ratio Chart

Daiwa Computer Co Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.29 1.13 0.98 1.07 1.02

Daiwa Computer Co Quarterly Data
Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 1.01 1.02 1.01 0.97 0.00

FRA:M2V vs QH, SHOP, UBER: Cyclically Adjusted PB Ratio Comparison

For the Software - Application subindustry, Daiwa Computer 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.


Daiwa Computer Co Cyclically Adjusted PB Ratio vs Software Industry

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

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


FRA:M2V
84GF Score
Daiwa Computer Co Ltd FRA:M2V
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Daiwa Computer 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.

Daiwa Computer Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=6.00/6.19
=0.97

* 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.

Daiwa Computer Co's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2026 is calculated as:

For example, Daiwa Computer Co's adjusted Book Value per Share data for the three months ended in Jan. 2026 was:

Adj_Book=Book Value per Share/CPI of Jan. 2026 (Change)*Current CPI (Jan. 2026)
=7.534/112.9000*112.9000
=7.534

Current CPI (Jan. 2026) = 112.9000.

Daiwa Computer Co Quarterly Data

Book Value per Share CPI Adj_Book
201601 5.895 97.700 6.812
201604 6.114 98.100 7.036
201607 6.624 97.900 7.639
201610 6.662 98.600 7.628
201701 6.397 98.200 7.355
201704 6.765 98.500 7.754
201707 6.961 98.300 7.995
201710 6.230 98.800 7.119
201801 6.288 99.500 7.135
201804 6.615 99.100 7.536
201807 7.411 99.200 8.434
201810 6.742 100.200 7.597
201901 7.138 99.700 8.083
201904 7.367 100.000 8.317
201907 8.489 99.800 9.603
201910 7.946 100.400 8.935
202001 7.994 100.500 8.980
202004 8.532 100.200 9.613
202007 8.315 100.000 9.388
202010 8.223 99.800 9.302
202101 8.295 99.800 9.384
202104 8.255 99.100 9.405
202107 8.380 99.700 9.489
202110 8.378 99.900 9.468
202201 8.535 100.300 9.607
202204 8.252 101.500 9.179
202207 8.189 102.300 9.038
202210 7.950 103.700 8.655
202301 8.301 104.700 8.951
202304 8.249 105.100 8.861
202307 7.926 105.700 8.466
202310 7.943 107.100 8.373
202401 7.943 106.900 8.389
202404 7.820 107.700 8.198
202407 7.703 108.600 8.008
202501 8.377 111.200 8.505
202504 8.444 111.500 8.550
202507 8.061 111.900 8.133
202510 7.833 112.800 7.840
202601 7.534 112.900 7.534

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 0.97 mean?
Daiwa Computer Co (FRA:M2V) has a Cyclically Adjusted PB Ratio of 0.97 as of Aug. 25, 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 Daiwa Computer Co and its competitors. This is 16% below median its historical median of 1.15. Over the past decade, Daiwa Computer Co's Cyclically Adjusted PB Ratio has ranged from 0.89 to 2.71. According to the industry distribution chart, Daiwa Computer Co ranks #378 out of 1515 companies in the Software industry, placing it in the top 25%.
Is Daiwa Computer Co's Cyclically Adjusted PB Ratio too high?
Daiwa Computer Co's current Cyclically Adjusted PB Ratio of 0.97 is 16% below median its 10-year median of 1.15. Over the past 10 years, this metric has ranged from a low of 0.89 to a high of 2.71. The Software industry median Cyclically Adjusted PB Ratio is 2.31. Daiwa Computer Co's value of 0.97 is 58% below this industry median. Based on the distribution chart, Daiwa Computer Co ranks #378 out of 1515 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Daiwa Computer Co has a GF Score™ of 84/100, reflecting its overall financial health beyond just this single metric.
How does Daiwa Computer Co's Cyclically Adjusted PB Ratio compare to QH and SHOP?
According to the Software industry distribution chart, Daiwa Computer Co ranks #378 out of 1515 companies for Cyclically Adjusted PB Ratio. This places Daiwa Computer Co in the top 25% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 2.31. Daiwa Computer Co's value of 0.97 is 58% below this benchmark. Historically, Daiwa Computer Co's own Cyclically Adjusted PB Ratio has ranged from 0.89 to 2.71 over the past decade. While the company's 10-year median is 1.15 vs. the industry median of 2.31, Daiwa Computer Co 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 a Software company?
The median Cyclically Adjusted PB Ratio among Software companies is 2.31, based on 1,515 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. Daiwa Computer Co's current Cyclically Adjusted PB Ratio of 0.97 is 58% 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 Daiwa Computer Co and its competitors. For the Software industry, the median Cyclically Adjusted PB Ratio is 2.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Daiwa Computer Co's current Cyclically Adjusted PB Ratio is 0.97, which is 16% below median its own 10-year median of 1.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Daiwa Computer Co stock overvalued right now?
Daiwa Computer Co (FRA:M2V) has a current Cyclically Adjusted PB Ratio of 0.97. The stock's GF Value™ is €5.97, compared to a current price of €6.00 — trading 0.5% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.97, which is 16% below median its 10-year median of 1.15 and 58% below the Software industry median of 2.31. Daiwa Computer Co's overall GF Score™ is 84/100. 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 Daiwa Computer Co (FRA:M2V), the current Cyclically Adjusted PB Ratio is 0.97 as of Aug. 25, 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 Daiwa Computer Co (FRA:M2V) Overvalued in 2026?

Based on GuruFocus' analysis, Daiwa Computer Co stock appears to be overvalued. The current stock price of €6.00 is trading 0.5% above its estimated GF Value™ of €5.97.

Key valuation signals for FRA:M2V:

  • Cyclically Adjusted PB Ratio: 0.97 (16% below median its 10-year median of 1.15)
  • GF Value™: €5.97 vs. price of €6.00 (0.5% above fair value)
  • GF Score™: 84/100
  • Industry Position: 58% below the Software median (#378 of 1515)

No single metric tells the full story. See the FRA:M2V stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Daiwa Computer Co Business Description

Other Exchanges 3816:Japan
Address 36-18, Wakamatsu-Cho, Takatsuki-Shi, Osaka, JPN, 569-0054
Daiwa Computer Co Ltd is engaged in designing business applications, web-related system, software development, operation support, system consulting, related equipment sales, development and sale of packaged software, consulting, SaaS/ASP service. It also engaged in the production, processing, and sale of agricultural crops. Its segments include: Software development-related business, which covers the construction and operation of information systems; and the Service integration business, which covers SaaS-type software services.
84GF Score

Get the complete analysis for FRA:M2V

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

€6.00
Price
€5.97
GF Value