JAPPF (Japan System Techniques Co) Cyclically Adjusted PB Ratio: 4.81 (As of Jul. 17, 2026) — 106% Above Median

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JAPPF Japan System Techniques Co Ltd JAPPF
75 GF Score
Price $15.78
GF Value $19.42
! 1 Warning Sign
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What is Japan System Techniques Co Cyclically Adjusted PB Ratio?

Japan System Techniques Co JAPPF 75 Cyclically Adjusted PB Ratio is 4.81 as of Jul. 17, 2026, which is 106% above its 10-year median of 2.33. GuruFocus rates JAPPF with a GF Score™ of 75/100 and a GF Value™ of $19.42. The stock has 1 warning sign investors should review. Among 1,597 Software companies, Japan System Techniques Co ranks worse than 71.76% on this metric.

As of today (2026-07-17), Japan System Techniques Co's current share price is $15.78. Japan System Techniques Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $3.28. Japan System Techniques Co's Cyclically Adjusted PB Ratio for today is 4.81.

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

JAPPF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.71   Med: 2.33   Max: 6.61
Current: 4.35

During the past years, Japan System Techniques Co's highest Cyclically Adjusted PB Ratio was 6.61. The lowest was 0.71. And the median was 2.33.

JAPPF's Cyclically Adjusted PB Ratio is ranked worse than
71.76% of 1597 companies
in the Software industry
Industry Median: 2.3 vs JAPPF: 4.35

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.

Japan System Techniques Co's adjusted book value per share data for the three months ended in Mar. 2026 was $4.271. 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 $3.28 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Japan System Techniques Co  (OTCPK:JAPPF) 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.


Japan System Techniques Co Cyclically Adjusted PB Ratio Related Terms


Japan System Techniques Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Japan System Techniques 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.

Japan System Techniques Co Cyclically Adjusted PB Ratio Chart

Japan System Techniques 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 2.31 2.99 5.43 4.87 4.80

Japan System Techniques Co 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 4.87 5.09 6.30 6.28 4.80

JAPPF vs UBER, SHOP, CRM: Cyclically Adjusted PB Ratio Comparison

For the Software - Application subindustry, Japan System Techniques 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.


Japan System Techniques Co Cyclically Adjusted PB Ratio vs Software Industry

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

* The bar in red indicates where Japan System Techniques Co's Cyclically Adjusted PB Ratio falls into.


JAPPF
75GF Score
Japan System Techniques Co Ltd JAPPF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Japan System Techniques 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.

Japan System Techniques Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=15.78/3.28
=4.81

* 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.

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

For example, Japan System Techniques 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)
=4.271/112.7000*112.7000
=4.271

Current CPI (Mar. 2026) = 112.7000.

Japan System Techniques Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 2.315 98.100 2.660
201609 2.459 98.000 2.828
201612 2.151 98.400 2.464
201703 2.402 98.100 2.759
201706 2.393 98.500 2.738
201709 2.430 98.800 2.772
201712 2.386 99.400 2.705
201803 2.785 99.200 3.164
201806 2.660 99.200 3.022
201809 2.638 99.900 2.976
201812 2.609 99.700 2.949
201903 2.704 99.700 3.057
201906 2.646 99.800 2.988
201909 2.476 100.100 2.788
201912 2.449 100.500 2.746
202003 2.680 100.300 3.011
202006 2.544 99.900 2.870
202009 2.549 99.900 2.876
202012 2.622 99.300 2.976
202103 2.914 99.900 3.287
202106 3.068 99.500 3.475
202109 3.269 100.100 3.680
202112 3.202 100.100 3.605
202203 3.149 101.100 3.510
202206 2.799 101.800 3.099
202209 2.789 103.100 3.049
202212 3.100 104.100 3.356
202303 3.285 104.400 3.546
202306 3.016 105.200 3.231
202309 3.053 106.200 3.240
202312 3.273 106.800 3.454
202403 3.445 107.200 3.622
202406 3.185 108.200 3.317
202409 3.694 108.900 3.823
202412 3.623 110.700 3.688
202503 4.005 111.100 4.063
202506 4.004 111.700 4.040
202509 4.130 112.000 4.156
202512 4.025 113.000 4.014
202603 4.271 112.700 4.271

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 4.81 mean?
Japan System Techniques Co (JAPPF) has a Cyclically Adjusted PB Ratio of 4.81 as of Jul. 17, 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 Japan System Techniques Co and its competitors. This is 106% above median its historical median of 2.33. Over the past decade, Japan System Techniques Co's Cyclically Adjusted PB Ratio has ranged from 0.71 to 6.61. According to the industry distribution chart, Japan System Techniques Co ranks #1146 out of 1597 companies in the Software industry, placing it in the top 71.8%.
Is Japan System Techniques Co's Cyclically Adjusted PB Ratio too high?
Japan System Techniques Co's current Cyclically Adjusted PB Ratio of 4.81 is 106% above median its 10-year median of 2.33. Over the past 10 years, this metric has ranged from a low of 0.71 to a high of 6.61. The Software industry median Cyclically Adjusted PB Ratio is 2.30. Japan System Techniques Co's value of 4.81 is 109.1% above this industry median. Based on the distribution chart, Japan System Techniques Co ranks #1146 out of 1597 companies in the Software industry, which is below the industry midpoint. Overall, Japan System Techniques Co has a GF Score™ of 75/100, reflecting its overall financial health beyond just this single metric.
How does Japan System Techniques Co's Cyclically Adjusted PB Ratio compare to UBER and SHOP?
According to the Software industry distribution chart, Japan System Techniques Co ranks #1146 out of 1597 companies for Cyclically Adjusted PB Ratio. This places Japan System Techniques Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.30. Japan System Techniques Co's value of 4.81 is 109.1% above this benchmark. Historically, Japan System Techniques Co's own Cyclically Adjusted PB Ratio has ranged from 0.71 to 6.61 over the past decade. While the company's 10-year median is 2.33 vs. the industry median of 2.30, Japan System Techniques 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 2.30, based on 1,597 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. Japan System Techniques Co's current Cyclically Adjusted PB Ratio of 4.81 is 109.1% 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 Japan System Techniques Co and its competitors. For the Software industry, the median Cyclically Adjusted PB Ratio is 2.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Japan System Techniques Co's current Cyclically Adjusted PB Ratio is 4.81, which is 106% above median its own 10-year median of 2.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Japan System Techniques Co stock overvalued right now?
Japan System Techniques Co (JAPPF) has a current Cyclically Adjusted PB Ratio of 4.81. The stock's GF Value™ is $19.42, compared to a current price of $15.78 — trading 18.7% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 4.81, which is 106% above median its 10-year median of 2.33 and 109.1% above the Software industry median of 2.30. Japan System Techniques Co's overall GF Score™ is 75/100 with 1 warning sign 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 Japan System Techniques Co (JAPPF), the current Cyclically Adjusted PB Ratio is 4.81 as of Jul. 17, 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 Japan System Techniques Co (JAPPF) Overvalued in 2026?

Based on GuruFocus' analysis, Japan System Techniques Co stock appears to be undervalued. The current stock price of $15.78 is trading 18.7% below its estimated GF Value™ of $19.42.

Key valuation signals for JAPPF:

  • Cyclically Adjusted PB Ratio: 4.81 (106% above median its 10-year median of 2.33)
  • GF Value™: $19.42 vs. price of $15.78 (18.7% below fair value)
  • GF Score™: 75/100 with 1 warning sign
  • Industry Position: 109.1% above the Software median (#1146 of 1597)

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


Japan System Techniques Co Business Description

Other Exchanges 4323:Japan
Address No. 2 No. 16, Konan, Minato-ku, Tokyo, JPN, 108-8288
Japan System Techniques Co Ltd is engaged in the Software business in Japan. It provides business software applications such as engineering and event applications. It also provides package business and system sales. Its services include system consultation, system integration services, software development, system management, development and sales, package software and database services.
75GF Score

Get the complete analysis for JAPPF

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

$15.78
Price
$19.42
GF Value