PA Co (SSE:4766) Cyclically Adjusted PB Ratio: (As of Aug. 16, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Founder & CEO of GuruFocus
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.

SSE:4766 PA Co Ltd SSE:4766
47 GF Score
Price 円192.00
GF Value 円313.85
Valuation Significantly Undervalued
! 1 Warning Sign
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What is PA Co Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


PA Co  (SSE:4766) 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.


PA Co Cyclically Adjusted PB Ratio Related Terms


PA Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for PA 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.

PA Co Cyclically Adjusted PB Ratio Chart

PA Co 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 2.15 2.08 4.28 3.60 3.93

PA Co Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24 Mar25 Jun25 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 3.60 3.49 3.94 3.93 0.00

SSE:4766 vs : Cyclically Adjusted PB Ratio Comparison

For the Staffing & Employment Services subindustry, PA 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.


PA Co Cyclically Adjusted PB Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, PA Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


SSE:4766
47GF Score
PA Co Ltd SSE:4766
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PA 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.

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

For example, PA Co'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)
=48.42/324.0540*324.0540
=48.420

Current CPI (Dec. 2025) = 324.0540.

PA Co Quarterly Data

Book Value per Share CPI Adj_Book
201509 93.469 237.945 127.294
201512 97.087 236.525 133.015
201603 96.188 238.132 130.894
201606 98.431 241.018 132.343
201609 96.005 241.428 128.862
201612 96.998 241.432 130.192
201703 91.521 243.801 121.647
201706 93.258 244.955 123.372
201709 91.291 246.819 119.858
201712 91.986 246.524 120.915
201803 90.197 249.554 117.124
201806 88.993 251.989 114.444
201809 85.171 252.439 109.333
201812 77.408 251.233 99.845
201903 75.593 254.202 96.365
201906 70.988 256.143 89.809
201909 65.711 256.759 82.933
201912 68.305 256.974 86.135
202003 69.326 258.115 87.036
202006 66.655 257.797 83.786
202009 63.382 260.280 78.912
202012 58.658 260.474 72.976
202103 54.851 264.877 67.105
202106 35.155 271.696 41.930
202109 35.657 274.310 42.123
202112 32.660 278.802 37.961
202203 29.803 287.504 33.592
202206 30.744 296.311 33.622
202209 31.574 296.808 34.472
202212 32.590 296.797 35.583
202303 32.780 301.836 35.193
202306 35.574 305.109 37.783
202309 36.912 307.789 38.863
202312 36.758 306.746 38.832
202403 37.249 312.332 38.647
202406 38.683 314.175 39.899
202412 43.273 315.605 44.431
202503 39.353 319.799 39.877
202506 44.382 322.561 44.587
202512 48.420 324.054 48.420

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.

Is PA Co (SSE:4766) Overvalued in 2026?

Based on GuruFocus' analysis, PA Co stock appears to be undervalued. The current stock price of 円192.00 is trading 38.8% below its estimated GF Value™ of 円313.85. GuruFocus considers PA Co to be Significantly Undervalued.

Key valuation signals for SSE:4766:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: 円313.85 vs. price of 円192.00 (38.8% below fair value)
  • GF Score™: 47/100 with 1 warning sign

No single metric tells the full story. See the SSE:4766 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


PA Co Business Description

Comparable Companies
Other Exchanges 4766:Japan
Address 1-7-8 Haramachi, 2nd floor, Meguro-ku, Tokyo, JPN, 112-0005
PA Co Ltd Its offers recruitment magazines that issue job information of part-time jobs, and newspapers and flip-flops for job seekers, as well as temporary staffing services and recruitment of staff; and manages child care and nursery schools as well as healthcare business.
47GF Score

Get the complete analysis for SSE:4766

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

円192.00
Price
円313.85
GF Value