SoftBank Group (LTS:0R15) Cyclically Adjusted PB Ratio: 3.33 (As of Sep. 16, 2026) — Near Median

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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

LTS:0R15 SoftBank Group Corp LTS:0R15
67 GF Score
Price 円5,366.00
GF Value 円2,976.57
Valuation Significantly Overvalued
! 5 Warning Signs
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What is SoftBank Group Cyclically Adjusted PB Ratio?

SoftBank Group LTS:0R15 67 Cyclically Adjusted PB Ratio is 3.33 as of Sep. 16, 2026, which is 7% below its 10-year median of 3.57. GuruFocus rates LTS:0R15 with a GF Score™ of 67/100 and a GF Value™ of 円2,976.57 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 288 Telecommunication Services companies, SoftBank Group ranks worse than 87.15% on this metric.

As of today (2026-09-16), SoftBank Group's current share price is 円5366.00. SoftBank Group's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円1,610.22. SoftBank Group's Cyclically Adjusted PB Ratio for today is 3.33.

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

LTS:0R15' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.46   Med: 3.57   Max: 7.42
Current: 4.71

During the past years, SoftBank Group's highest Cyclically Adjusted PB Ratio was 7.42. The lowest was 1.46. And the median was 3.57.

LTS:0R15's Cyclically Adjusted PB Ratio is ranked worse than
87.15% of 288 companies
in the Telecommunication Services industry
Industry Median: 1.74 vs LTS:0R15: 4.71

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.

SoftBank Group's adjusted book value per share data for the three months ended in Mar. 2026 was 円3,557.730. 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 円1,610.22 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


SoftBank Group  (LTS:0R15) 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.


SoftBank Group Cyclically Adjusted PB Ratio Related Terms


SoftBank Group Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for SoftBank Group'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.

SoftBank Group Cyclically Adjusted PB Ratio Chart

SoftBank Group 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 1.81 1.36 1.92 1.33 2.30

SoftBank Group 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 1.40 1.48 3.19 2.69 2.48

LTS:0R15 vs VZ, TMUS, T: Cyclically Adjusted PB Ratio Comparison

For the Telecom Services subindustry, SoftBank Group'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.


SoftBank Group Cyclically Adjusted PB Ratio vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, SoftBank Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


LTS:0R15
67GF Score
SoftBank Group Corp LTS:0R15
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SoftBank Group 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.

SoftBank Group's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=5366.00/1610.218
=3.33

* 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.

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

For example, SoftBank Group'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)
=3557.73/112.7000*112.7000
=3,557.730

Current CPI (Mar. 2026) = 112.7000.

SoftBank Group Quarterly Data

Book Value per Share CPI Adj_Book
201606 361.211 98.100 414.969
201609 358.865 98.000 412.695
201612 456.987 98.400 523.399
201703 512.921 98.100 589.258
201706 534.046 98.500 611.035
201709 570.387 98.800 650.634
201712 696.651 99.400 789.865
201803 662.707 99.200 752.894
201806 725.598 99.200 824.344
201809 785.053 99.900 885.640
201812 1,007.753 99.700 1,139.155
201903 1,009.686 99.700 1,141.340
201906 1,080.378 99.800 1,220.026
201909 980.903 100.100 1,104.373
201912 1,049.376 100.500 1,176.763
202003 831.245 100.300 934.011
202006 909.314 99.900 1,025.823
202009 1,054.069 99.900 1,189.125
202012 1,127.502 99.300 1,279.652
202103 1,647.772 99.900 1,858.898
202106 1,750.356 99.500 1,982.564
202109 1,727.720 100.100 1,945.195
202112 1,814.008 100.100 2,042.345
202203 1,701.930 101.100 1,897.206
202206 1,520.962 101.800 1,683.815
202209 2,100.592 103.100 2,296.185
202212 1,740.141 104.100 1,883.899
202303 1,748.945 104.400 1,887.989
202306 1,884.462 105.200 2,018.811
202309 1,957.759 106.200 2,077.584
202312 1,964.703 106.800 2,073.240
202403 2,224.528 107.200 2,338.660
202406 2,389.170 108.200 2,488.535
202409 2,179.241 108.900 2,255.284
202412 2,494.817 110.700 2,539.890
202503 2,392.853 111.100 2,427.314
202506 2,353.587 111.700 2,374.658
202509 2,924.790 112.000 2,943.070
202512 3,179.278 113.000 3,170.837
202603 3,557.730 112.700 3,557.730

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 3.33 mean?
SoftBank Group (LTS:0R15) has a Cyclically Adjusted PB Ratio of 3.33 as of Sep. 16, 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 SoftBank Group and its competitors. This is near median its historical median of 3.57. Over the past decade, SoftBank Group's Cyclically Adjusted PB Ratio has ranged from 1.46 to 7.42. According to the industry distribution chart, SoftBank Group ranks #251 out of 288 companies in the Telecommunication Services industry, placing it in the top 87.2%.
Is SoftBank Group's Cyclically Adjusted PB Ratio too high?
SoftBank Group's current Cyclically Adjusted PB Ratio of 3.33 is near median its 10-year median of 3.57. Over the past 10 years, this metric has ranged from a low of 1.46 to a high of 7.42. The Telecommunication Services industry median Cyclically Adjusted PB Ratio is 1.74. SoftBank Group's value of 3.33 is 91.4% above this industry median. Based on the distribution chart, SoftBank Group ranks #251 out of 288 companies in the Telecommunication Services industry, which is in the bottom quartile relative to peers. Overall, SoftBank Group has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SoftBank Group's Cyclically Adjusted PB Ratio compare to VZ and TMUS?
According to the Telecommunication Services industry distribution chart, SoftBank Group ranks #251 out of 288 companies for Cyclically Adjusted PB Ratio. This places SoftBank Group in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.74. SoftBank Group's value of 3.33 is 91.4% above this benchmark. Historically, SoftBank Group's own Cyclically Adjusted PB Ratio has ranged from 1.46 to 7.42 over the past decade. While the company's 10-year median is 3.57 vs. the industry median of 1.74, SoftBank Group 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 Telecommunication Services company?
The median Cyclically Adjusted PB Ratio among Telecommunication Services companies is 1.74, based on 288 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. SoftBank Group's current Cyclically Adjusted PB Ratio of 3.33 is 91.4% 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 SoftBank Group and its competitors. For the Telecommunication Services industry, the median Cyclically Adjusted PB Ratio is 1.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SoftBank Group's current Cyclically Adjusted PB Ratio is 3.33, which is near median its own 10-year median of 3.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SoftBank Group stock overvalued right now?
Based on GuruFocus' analysis, SoftBank Group (LTS:0R15) is currently considered Significantly Overvalued. The stock's GF Value™ is 円2,976.57, compared to a current price of 円5,366.00 — trading 80.3% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 3.33, which is near median its 10-year median of 3.57 and 91.4% above the Telecommunication Services industry median of 1.74. SoftBank Group's overall GF Score™ is 67/100 with 5 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 SoftBank Group (LTS:0R15), the current Cyclically Adjusted PB Ratio is 3.33 as of Sep. 16, 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 SoftBank Group (LTS:0R15) Overvalued in 2026?

Based on GuruFocus' analysis, SoftBank Group stock appears to be overvalued. The current stock price of 円5,366.00 is trading 80.3% above its estimated GF Value™ of 円2,976.57. GuruFocus considers SoftBank Group to be Significantly Overvalued.

Key valuation signals for LTS:0R15:

  • Cyclically Adjusted PB Ratio: 3.33 (near median its 10-year median of 3.57)
  • GF Value™: 円2,976.57 vs. price of 円5,366.00 (80.3% above fair value)
  • GF Score™: 67/100 with 5 warning signs
  • Industry Position: 91.4% above the Telecommunication Services median (#251 of 288)

No single metric tells the full story. See the LTS:0R15 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


SoftBank Group Business Description

Address Kaigan 1-7-1, Minato-ku, Tokyo, JPN, 105-7537
SoftBank is a Japan-based telecom and e-commerce conglomerate that has expanded mainly through acquisitions, and its key assets include a 40%-owned mobile and fixed broadband telecom operator business in Japan. It also owns 90% of semiconductor chip designer Arm Holdings following the 2023 IPO of this business, and has a vast portfolio of mainly internet- and e-commerce-focused early-stage investments. It is also a general partner of the USD 100 billion SoftBank Vision Fund 1 and sole investor in SoftBank Vision Fund 2, both of which primarily invest in pre-IPO internet and AI companies. Recently, it has begun investing in OpenAI.
67GF Score

Get the complete analysis for LTS:0R15

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

円5,366.00
Price
円2,976.57
GF Value