SDS Holdings Co (TSE:1711) Cyclically Adjusted PB Ratio: 2.78 (As of Aug. 23, 2026) — Near Median

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TSE:1711 SDS Holdings Co Ltd TSE:1711
46 GF Score
Price 円241.00
GF Value 円373.19
Valuation Possible Value Trap
! 6 Warning Signs
View Full Analysis

What is SDS Holdings Co Cyclically Adjusted PB Ratio?

SDS Holdings Co TSE:1711 -0.82% 46 Cyclically Adjusted PB Ratio is 2.78 as of Aug. 23, 2026, which is 3% above its 10-year median of 2.71. GuruFocus rates TSE:1711 with a GF Score™ of 46/100 and a GF Value™ of 円373.19 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 269 Utilities - Independent Power Producers companies, SDS Holdings Co ranks worse than 81.04% on this metric.

As of today (2026-08-23), SDS Holdings Co's current share price is 円241.00. SDS Holdings Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円86.63. SDS Holdings Co's Cyclically Adjusted PB Ratio for today is 2.78.

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

TSE:1711' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.78   Med: 2.71   Max: 5.45
Current: 2.78

During the past years, SDS Holdings Co's highest Cyclically Adjusted PB Ratio was 5.45. The lowest was 0.78. And the median was 2.71.

TSE:1711's Cyclically Adjusted PB Ratio is ranked worse than
81.04% of 269 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.09 vs TSE:1711: 2.78

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.

SDS Holdings Co's adjusted book value per share data for the three months ended in Mar. 2026 was 円56.013. 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86.63 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


SDS Holdings Co  (TSE:1711) 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.


SDS Holdings Co Cyclically Adjusted PB Ratio Related Terms


SDS Holdings Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for SDS Holdings 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.

SDS Holdings Co Cyclically Adjusted PB Ratio Chart

SDS Holdings 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 4.93 2.72 5.02 2.83 3.17

SDS Holdings Co Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24 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 2.83 2.59 2.96 2.60 3.17

SDS Holdings Co Cyclically Adjusted PB Ratio Competitor Comparison

For the Utilities - Renewable subindustry, SDS Holdings 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.


SDS Holdings Co Cyclically Adjusted PB Ratio vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, SDS Holdings Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TSE:1711
46GF Score
SDS Holdings Co Ltd TSE:1711
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SDS Holdings 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.

SDS Holdings Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=241.00/86.63
=2.78

* 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.

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

For example, SDS Holdings 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)
=56.013/112.7000*112.7000
=56.013

Current CPI (Mar. 2026) = 112.7000.

SDS Holdings Co Quarterly Data

Book Value per Share CPI Adj_Book
201512 82.208 98.100 94.443
201603 158.128 97.900 182.033
201606 160.301 98.100 184.158
201609 162.513 98.000 186.890
201612 307.637 98.400 352.344
201703 257.866 98.100 296.244
201706 277.593 98.500 317.611
201709 257.650 98.800 293.898
201712 238.255 99.400 270.134
201803 28.545 99.200 32.430
201806 1.787 99.200 2.030
201809 -16.615 99.900 -18.744
201812 -14.079 99.700 -15.915
201903 90.262 99.700 102.031
201906 33.692 99.800 38.047
201909 16.887 100.100 19.013
201912 5.556 100.500 6.230
202003 4.586 100.300 5.153
202006 -17.303 99.900 -19.520
202009 30.845 99.900 34.797
202012 26.174 99.300 29.706
202103 7.370 99.900 8.314
202106 7.567 99.500 8.571
202109 9.066 100.100 10.207
202112 34.608 100.100 38.964
202203 74.085 101.100 82.585
202206 83.055 101.800 91.948
202209 78.632 103.100 85.954
202212 74.129 104.100 80.253
202303 59.688 104.400 64.433
202306 50.907 105.200 54.536
202309 59.319 106.200 62.950
202312 55.315 106.800 58.371
202403 68.023 107.200 71.513
202409 62.096 108.900 64.263
202503 59.401 111.100 60.256
202506 57.966 111.700 58.485
202509 55.037 112.000 55.381
202512 59.281 113.000 59.124
202603 56.013 112.700 56.013

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 2.78 mean?
SDS Holdings Co (TSE:1711) has a Cyclically Adjusted PB Ratio of 2.78 as of Aug. 23, 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 SDS Holdings Co and its competitors. This is near median its historical median of 2.71. Over the past decade, SDS Holdings Co's Cyclically Adjusted PB Ratio has ranged from 0.78 to 5.45. According to the industry distribution chart, SDS Holdings Co ranks #218 out of 269 companies in the Utilities - Independent Power Producers industry, placing it in the top 81%.
Is SDS Holdings Co's Cyclically Adjusted PB Ratio too high?
SDS Holdings Co's current Cyclically Adjusted PB Ratio of 2.78 is near median its 10-year median of 2.71. Over the past 10 years, this metric has ranged from a low of 0.78 to a high of 5.45. The Utilities - Independent Power Producers industry median Cyclically Adjusted PB Ratio is 1.09. SDS Holdings Co's value of 2.78 is 155% above this industry median. Based on the distribution chart, SDS Holdings Co ranks #218 out of 269 companies in the Utilities - Independent Power Producers industry, which is in the bottom quartile relative to peers. Overall, SDS Holdings Co has a GF Score™ of 46/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does SDS Holdings Co's Cyclically Adjusted PB Ratio compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, SDS Holdings Co ranks #218 out of 269 companies for Cyclically Adjusted PB Ratio. This places SDS Holdings Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.09. SDS Holdings Co's value of 2.78 is 155% above this benchmark. Historically, SDS Holdings Co's own Cyclically Adjusted PB Ratio has ranged from 0.78 to 5.45 over the past decade. While the company's 10-year median is 2.71 vs. the industry median of 1.09, SDS Holdings 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 an Utilities - Independent Power Producers company?
The median Cyclically Adjusted PB Ratio among Utilities - Independent Power Producers companies is 1.09, based on 269 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. SDS Holdings Co's current Cyclically Adjusted PB Ratio of 2.78 is 155% 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 SDS Holdings Co and its competitors. For the Utilities - Independent Power Producers industry, the median Cyclically Adjusted PB Ratio is 1.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SDS Holdings Co's current Cyclically Adjusted PB Ratio is 2.78, which is near median its own 10-year median of 2.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SDS Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, SDS Holdings Co (TSE:1711) is currently considered Possible Value Trap. The stock's GF Value™ is 円373.19, compared to a current price of 円241.00 — trading 35.4% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.78, which is near median its 10-year median of 2.71 and 155% above the Utilities - Independent Power Producers industry median of 1.09. SDS Holdings Co's overall GF Score™ is 46/100 with 6 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 SDS Holdings Co (TSE:1711), the current Cyclically Adjusted PB Ratio is 2.78 as of Aug. 23, 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 SDS Holdings Co (TSE:1711) Overvalued in 2026?

Based on GuruFocus' analysis, SDS Holdings Co stock appears to be undervalued. The current stock price of 円241.00 is trading 35.4% below its estimated GF Value™ of 円373.19. GuruFocus considers SDS Holdings Co to be Possible Value Trap.

Key valuation signals for TSE:1711:

  • Cyclically Adjusted PB Ratio: 2.78 (near median its 10-year median of 2.71)
  • GF Value™: 円373.19 vs. price of 円241.00 (35.4% below fair value)
  • GF Score™: 46/100 with 6 warning signs
  • Industry Position: 155% above the Utilities - Independent Power Producers median (#218 of 269)

No single metric tells the full story. See the TSE:1711 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


SDS Holdings Co Business Description

Address 2-11-7 Higashi-Shinbashi, Minato-ku, Tokyo, JPN
SDS Holdings Co Ltd is engaged in the manufacturing and sales of various energy-saving products. The company promotes energy conservation business and provide energy, solutions and services to client companies. The company's core business activities are categorised into two key segments, Energy Conservation related business, and Renewable Energy business. The majority of its revenue is derived from the Renewable Energy segment.
46GF Score

Get the complete analysis for TSE:1711

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

円241.00
Price
円373.19
GF Value