THDDY (TV Asahi Holdings) Cyclically Adjusted PB Ratio: 0.82 (As of Jul. 26, 2026) — 34% Above Median

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THDDY TV Asahi Holdings Corp THDDY
75 GF Score
Price $19.68
GF Value $14.26
Valuation Significantly Overvalued
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What is TV Asahi Holdings Cyclically Adjusted PB Ratio?

TV Asahi Holdings THDDY +9.97% 75 Cyclically Adjusted PB Ratio is 0.82 as of Jul. 26, 2026, which is 34% above its 10-year median of 0.61. GuruFocus rates THDDY with a GF Score™ of 75/100 and a GF Value™ of $14.26 (Significantly Overvalued). Among 711 Media - Diversified companies, TV Asahi Holdings ranks better than 57.95% on this metric.

As of today (2026-07-26), TV Asahi Holdings's current share price is $19.6845. TV Asahi Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $23.98. TV Asahi Holdings's Cyclically Adjusted PB Ratio for today is 0.82.

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

THDDY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.39   Med: 0.61   Max: 0.96
Current: 0.78

During the past years, TV Asahi Holdings's highest Cyclically Adjusted PB Ratio was 0.96. The lowest was 0.39. And the median was 0.61.

THDDY's Cyclically Adjusted PB Ratio is ranked better than
57.95% of 711 companies
in the Media - Diversified industry
Industry Median: 0.97 vs THDDY: 0.78

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.

TV Asahi Holdings's adjusted book value per share data for the three months ended in Mar. 2026 was $29.164. 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 $23.98 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


TV Asahi Holdings  (OTCPK:THDDY) 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.


TV Asahi Holdings Cyclically Adjusted PB Ratio Related Terms


TV Asahi Holdings Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for TV Asahi Holdings'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.

TV Asahi Holdings Cyclically Adjusted PB Ratio Chart

TV Asahi Holdings 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 0.48 0.45 0.60 0.66 0.86

TV Asahi Holdings 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 0.66 0.72 0.86 0.84 0.86

THDDY vs NXST: Cyclically Adjusted PB Ratio Comparison

For the Broadcasting subindustry, TV Asahi Holdings'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.


TV Asahi Holdings Cyclically Adjusted PB Ratio vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, TV Asahi Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


THDDY
75GF Score
TV Asahi Holdings Corp THDDY
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TV Asahi Holdings 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.

TV Asahi Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=19.6845/23.98
=0.82

* 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.

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

For example, TV Asahi Holdings'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)
=29.164/112.7000*112.7000
=29.164

Current CPI (Mar. 2026) = 112.7000.

TV Asahi Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201606 27.018 98.100 31.039
201609 27.967 98.000 32.162
201612 25.316 98.400 28.995
201703 26.388 98.100 30.315
201706 27.262 98.500 31.192
201709 27.876 98.800 31.798
201712 27.757 99.400 31.471
201803 29.654 99.200 33.690
201806 28.861 99.200 32.789
201809 29.170 99.900 32.907
201812 28.597 99.700 32.326
201903 29.372 99.700 33.202
201906 30.404 99.800 34.334
201909 30.603 100.100 34.455
201912 31.017 100.500 34.782
202003 31.396 100.300 35.277
202006 32.016 99.900 36.118
202009 32.843 99.900 37.051
202012 33.023 99.300 37.479
202103 33.982 99.900 38.336
202106 33.910 99.500 38.409
202109 34.918 100.100 39.313
202112 34.128 100.100 38.424
202203 32.531 101.100 36.264
202206 28.513 101.800 31.566
202209 26.967 103.100 29.478
202212 28.866 104.100 31.251
202303 28.955 104.400 31.257
202306 27.912 105.200 29.902
202309 26.848 106.200 28.491
202312 27.960 106.800 29.505
202403 27.703 107.200 29.124
202406 26.699 108.200 27.809
202409 29.748 108.900 30.786
202412 28.545 110.700 29.061
202503 29.419 111.100 29.843
202506 30.935 111.700 31.212
202509 30.634 112.000 30.825
202512 29.654 113.000 29.575
202603 29.164 112.700 29.164

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 0.82 mean?
TV Asahi Holdings (THDDY) has a Cyclically Adjusted PB Ratio of 0.82 as of Jul. 26, 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 TV Asahi Holdings and its competitors. This is 34% above median its historical median of 0.61. Over the past decade, TV Asahi Holdings' Cyclically Adjusted PB Ratio has ranged from 0.39 to 0.96. According to the industry distribution chart, TV Asahi Holdings ranks #299 out of 711 companies in the Media - Diversified industry, placing it in the top 42.1%.
Is TV Asahi Holdings' Cyclically Adjusted PB Ratio too high?
TV Asahi Holdings' current Cyclically Adjusted PB Ratio of 0.82 is 34% above median its 10-year median of 0.61. Over the past 10 years, this metric has ranged from a low of 0.39 to a high of 0.96. The Media - Diversified industry median Cyclically Adjusted PB Ratio is 0.97. TV Asahi Holdings' value of 0.82 is 15.5% below this industry median. Based on the distribution chart, TV Asahi Holdings ranks #299 out of 711 companies in the Media - Diversified industry, which is above the industry midpoint. Overall, TV Asahi Holdings has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does TV Asahi Holdings' Cyclically Adjusted PB Ratio compare to NXST?
According to the Media - Diversified industry distribution chart, TV Asahi Holdings ranks #299 out of 711 companies for Cyclically Adjusted PB Ratio. This puts TV Asahi Holdings in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.97. TV Asahi Holdings' value of 0.82 is 15.5% below this benchmark. Historically, TV Asahi Holdings' own Cyclically Adjusted PB Ratio has ranged from 0.39 to 0.96 over the past decade. While the company's 10-year median is 0.61 vs. the industry median of 0.97, TV Asahi Holdings 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 Media - Diversified company?
The median Cyclically Adjusted PB Ratio among Media - Diversified companies is 0.97, based on 711 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. TV Asahi Holdings's current Cyclically Adjusted PB Ratio of 0.82 is 15.5% 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 TV Asahi Holdings and its competitors. For the Media - Diversified industry, the median Cyclically Adjusted PB Ratio is 0.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TV Asahi Holdings's current Cyclically Adjusted PB Ratio is 0.82, which is 34% above median its own 10-year median of 0.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TV Asahi Holdings stock overvalued right now?
Based on GuruFocus' analysis, TV Asahi Holdings (THDDY) is currently considered Significantly Overvalued. The stock's GF Value™ is $14.26, compared to a current price of $19.68 — trading 38% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.82, which is 34% above median its 10-year median of 0.61 and 15.5% below the Media - Diversified industry median of 0.97. TV Asahi Holdings' overall GF Score™ is 75/100. 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 TV Asahi Holdings (THDDY), the current Cyclically Adjusted PB Ratio is 0.82 as of Jul. 26, 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 TV Asahi Holdings (THDDY) Overvalued in 2026?

Based on GuruFocus' analysis, TV Asahi Holdings stock appears to be overvalued. The current stock price of $19.68 is trading 38% above its estimated GF Value™ of $14.26. GuruFocus considers TV Asahi Holdings to be Significantly Overvalued.

Key valuation signals for THDDY:

  • Cyclically Adjusted PB Ratio: 0.82 (34% above median its 10-year median of 0.61)
  • GF Value™: $14.26 vs. price of $19.68 (38% above fair value)
  • GF Score™: 75/100
  • Industry Position: 15.5% below the Media - Diversified median (#299 of 711)

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


TV Asahi Holdings Business Description

Other Exchanges 9409:Japan
Address 6-9-1, Roppongi, Minato-ku, Tokyo, JPN, 106-8001
TV Asahi Holdings Corporation is a Japanese multimedia group. Ranging from its primary business of broadcast TV, the company owns and manages music publishing and miscellaneous businesses. The Television Broadcasting segment is involved in the production and broadcasting of TV programs. The Music Publishing segment attends to music copyrights and related rights as well as the artist management and recording businesses and through the Others segment, it is engaged in event management and the sale of digital goods such as DVDs. The company derives its revenue from TV Broadcasting Business.
75GF Score

Get the complete analysis for THDDY

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

$19.68
Price
$14.26
GF Value