JSYSF (Justsystems) Cyclically Adjusted PB Ratio: 3.13 (As of Jul. 02, 2026) — 45% Below Median


JSYSF Justsystems Corp JSYSF
79 GF Score
Price $7.55
GF Value $8.53
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What is Justsystems Cyclically Adjusted PB Ratio?

Justsystems JSYSF 79 Cyclically Adjusted PB Ratio is 3.13 as of Jul. 02, 2026, which is 45% below its 10-year median of 5.72. GuruFocus rates JSYSF with a GF Score™ of 79/100 and a GF Value™ of $8.53. Among 1,597 Software companies, Justsystems ranks worse than 62.18% on this metric.

As of today (2026-07-02), Justsystems's current share price is $7.55. Justsystems's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $2.41. Justsystems's Cyclically Adjusted PB Ratio for today is 3.13.

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

JSYSF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.05   Med: 5.72   Max: 16.52
Current: 3.29

During the past years, Justsystems's highest Cyclically Adjusted PB Ratio was 16.52. The lowest was 3.05. And the median was 5.72.

JSYSF's Cyclically Adjusted PB Ratio is ranked worse than
62.18% of 1597 companies
in the Software industry
Industry Median: 2.26 vs JSYSF: 3.29

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.

Justsystems's adjusted book value per share data for the three months ended in Mar. 2026 was $11.646. 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 $2.41 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Justsystems  (OTCPK:JSYSF) 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.


Justsystems Cyclically Adjusted PB Ratio Related Terms


Justsystems Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Justsystems'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.

Justsystems Cyclically Adjusted PB Ratio Chart

Justsystems 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 9.32 4.83 3.13 3.46 3.13

Justsystems 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 3.46 3.66 4.60 4.67 3.13

JSYSF vs MSFT, ORCL, PLTR: Cyclically Adjusted PB Ratio Comparison

For the Software - Infrastructure subindustry, Justsystems'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.


Justsystems Cyclically Adjusted PB Ratio vs Software Industry

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

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


JSYSF
79GF Score
Justsystems Corp JSYSF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Justsystems 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=7.55/2.41
=3.13

* 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.

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

For example, Justsystems'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)
=11.646/112.7000*112.7000
=11.646

Current CPI (Mar. 2026) = 112.7000.

Justsystems Quarterly Data

Book Value per Share CPI Adj_Book
201606 4.898 98.100 5.627
201609 5.263 98.000 6.052
201612 4.699 98.400 5.382
201703 4.988 98.100 5.730
201706 5.227 98.500 5.981
201709 5.434 98.800 6.199
201712 5.422 99.400 6.147
201803 5.336 99.200 6.062
201806 5.335 99.200 6.061
201809 5.449 99.900 6.147
201812 5.580 99.700 6.308
201903 5.905 99.700 6.675
201906 6.419 99.800 7.249
201909 6.880 100.100 7.746
201912 6.995 100.500 7.844
202003 7.347 100.300 8.255
202006 7.747 99.900 8.740
202009 8.382 99.900 9.456
202012 8.804 99.300 9.992
202103 8.748 99.900 9.869
202106 8.908 99.500 10.090
202109 9.420 100.100 10.606
202112 9.434 100.100 10.621
202203 9.362 101.100 10.436
202206 8.646 101.800 9.572
202209 8.477 103.100 9.266
202212 9.316 104.100 10.086
202303 9.747 104.400 10.522
202306 9.476 105.200 10.152
202309 9.427 106.200 10.004
202312 9.903 106.800 10.450
202403 9.770 107.200 10.271
202406 0.000 108.200 0.000
202409 10.883 108.900 11.263
202412 10.379 110.700 10.567
202503 10.971 111.100 11.129
202506 11.666 111.700 11.770
202509 11.851 112.000 11.925
202512 11.555 113.000 11.524
202603 11.646 112.700 11.646

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 3.13 mean?
Justsystems (JSYSF) has a Cyclically Adjusted PB Ratio of 3.13 as of Jul. 02, 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 Justsystems and its competitors. This is 45% below median its historical median of 5.72. Over the past decade, Justsystems' Cyclically Adjusted PB Ratio has ranged from 3.05 to 16.52. According to the industry distribution chart, Justsystems ranks #993 out of 1597 companies in the Software industry, placing it in the top 62.2%.
Is Justsystems' Cyclically Adjusted PB Ratio too high?
Justsystems' current Cyclically Adjusted PB Ratio of 3.13 is 45% below median its 10-year median of 5.72. Over the past 10 years, this metric has ranged from a low of 3.05 to a high of 16.52. The Software industry median Cyclically Adjusted PB Ratio is 2.26. Justsystems' value of 3.13 is 38.5% above this industry median. Based on the distribution chart, Justsystems ranks #993 out of 1597 companies in the Software industry, which is below the industry midpoint. Overall, Justsystems has a GF Score™ of 79/100, reflecting its overall financial health beyond just this single metric.
How does Justsystems' Cyclically Adjusted PB Ratio compare to MSFT and ORCL?
According to the Software industry distribution chart, Justsystems ranks #993 out of 1597 companies for Cyclically Adjusted PB Ratio. This places Justsystems in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.26. Justsystems' value of 3.13 is 38.5% above this benchmark. Historically, Justsystems' own Cyclically Adjusted PB Ratio has ranged from 3.05 to 16.52 over the past decade. While the company's 10-year median is 5.72 vs. the industry median of 2.26, Justsystems 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 2.26, 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. Justsystems's current Cyclically Adjusted PB Ratio of 3.13 is 38.5% 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 Justsystems and its competitors. For the Software industry, the median Cyclically Adjusted PB Ratio is 2.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Justsystems's current Cyclically Adjusted PB Ratio is 3.13, which is 45% below median its own 10-year median of 5.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Justsystems stock overvalued right now?
Justsystems (JSYSF) has a current Cyclically Adjusted PB Ratio of 3.13. The stock's GF Value™ is $8.53, compared to a current price of $7.55 — trading 11.5% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 3.13, which is 45% below median its 10-year median of 5.72 and 38.5% above the Software industry median of 2.26. Justsystems' overall GF Score™ is 79/100. 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 Justsystems (JSYSF), the current Cyclically Adjusted PB Ratio is 3.13 as of Jul. 02, 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 Justsystems (JSYSF) Overvalued in 2026?

Based on GuruFocus' analysis, Justsystems stock appears to be undervalued. The current stock price of $7.55 is trading 11.5% below its estimated GF Value™ of $8.53.

Key valuation signals for JSYSF:

  • Cyclically Adjusted PB Ratio: 3.13 (45% below median its 10-year median of 5.72)
  • GF Value™: $8.53 vs. price of $7.55 (11.5% below fair value)
  • GF Score™: 79/100
  • Industry Position: 38.5% above the Software median (#993 of 1597)

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


Justsystems Business Description

Other Exchanges 4686:Japan
Address Nishi-Shinjuku 6-8-1 Shinjuku-ku, Shinjuku Oak Tower, Tokyo, JPN, 163-6017
Justsystems Corp is a global software provider based in Japan. It provides service of user Interface customization, output customization. The company's products include XMetaL Author which brings automation to the process of content creation; XMAX, which is an embeddable ActiveX component designed for developers to integrate into custom environments; and XMetaL Developer, which is a tool for fast configuration of XML content authoring solutions that combines development tools in a robust and flexible Integrated Development Environment (IDE). The company also provides engineering services and training services.
79GF Score

Get the complete analysis for JSYSF

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

$7.55
Price
$8.53
GF Value