Synclayer (TSE:1724) Cyclically Adjusted PB Ratio: 0.73 (As of Aug. 23, 2026) — 33% Below Median

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TSE:1724 Synclayer Inc TSE:1724
61 GF Score
Price 円716.00
GF Value 円515.35
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Synclayer Cyclically Adjusted PB Ratio?

Synclayer TSE:1724 +1.42% 61 Cyclically Adjusted PB Ratio is 0.73 as of Aug. 23, 2026, which is 33% below its 10-year median of 1.09. GuruFocus rates TSE:1724 with a GF Score™ of 61/100 and a GF Value™ of 円515.35 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,945 Hardware companies, Synclayer ranks better than 79.79% on this metric.

As of today (2026-08-23), Synclayer's current share price is 円716.00. Synclayer's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was 円979.81. Synclayer's Cyclically Adjusted PB Ratio for today is 0.73.

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

TSE:1724' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.7   Med: 1.09   Max: 3.47
Current: 0.73

During the past years, Synclayer's highest Cyclically Adjusted PB Ratio was 3.47. The lowest was 0.70. And the median was 1.09.

TSE:1724's Cyclically Adjusted PB Ratio is ranked better than
79.79% of 1945 companies
in the Hardware industry
Industry Median: 2.03 vs TSE:1724: 0.73

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.

Synclayer's adjusted book value per share data for the three months ended in Jun. 2026 was 円1,394.284. 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979.81 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Synclayer  (TSE:1724) 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.


Synclayer Cyclically Adjusted PB Ratio Related Terms


Synclayer Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Synclayer'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.

Synclayer Cyclically Adjusted PB Ratio Chart

Synclayer Annual Data
Trend Mar16 Mar17 Mar18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.87 0.91 0.89 0.78 0.76

Synclayer Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.75 0.79 0.76 0.74 0.70

TSE:1724 vs CSCO, MSI, HPE: Cyclically Adjusted PB Ratio Comparison

For the Communication Equipment subindustry, Synclayer'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.


Synclayer Cyclically Adjusted PB Ratio vs Hardware Industry

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

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


TSE:1724
61GF Score
Synclayer Inc TSE:1724
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Synclayer 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=716.00/979.81
=0.73

* 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.

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

For example, Synclayer's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=1394.284/113.6000*113.6000
=1,394.284

Current CPI (Jun. 2026) = 113.6000.

Synclayer Quarterly Data

Book Value per Share CPI Adj_Book
201606 266.019 98.100 308.051
201609 285.160 98.000 330.553
201612 309.847 98.400 357.710
201703 391.123 98.100 452.921
201706 378.918 98.500 437.006
201709 420.527 98.800 483.521
201712 440.777 99.400 503.745
201803 475.728 99.200 544.785
201806 496.533 99.200 568.610
201809 528.433 99.900 600.901
201812 549.959 99.700 626.633
201903 634.737 99.700 723.231
201906 631.709 99.800 719.060
201909 694.192 100.100 787.814
201912 745.280 100.500 842.426
202003 798.632 100.300 904.532
202006 821.888 99.900 934.599
202009 842.408 99.900 957.933
202012 898.724 99.300 1,028.147
202103 1,033.397 99.900 1,175.114
202106 1,054.266 99.500 1,203.664
202109 1,085.455 100.100 1,231.845
202112 1,092.111 100.100 1,239.399
202203 1,133.940 101.100 1,274.140
202206 1,124.187 101.800 1,254.496
202209 1,133.290 103.100 1,248.708
202212 1,149.698 104.100 1,254.618
202303 1,151.208 104.400 1,252.655
202306 1,162.856 105.200 1,255.708
202309 1,173.641 106.200 1,255.420
202312 1,224.041 106.800 1,301.976
202403 1,238.906 107.200 1,312.871
202406 1,238.934 108.200 1,300.766
202412 1,320.155 110.700 1,354.739
202503 1,321.659 111.100 1,351.399
202506 1,303.296 111.700 1,325.465
202509 1,314.854 112.000 1,333.638
202512 1,361.404 113.000 1,368.633
202603 1,379.472 112.700 1,390.488
202606 1,394.284 113.600 1,394.284

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 0.73 mean?
Synclayer (TSE:1724) has a Cyclically Adjusted PB Ratio of 0.73 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 Synclayer and its competitors. This is 33% below median its historical median of 1.09. Over the past decade, Synclayer's Cyclically Adjusted PB Ratio has ranged from 0.70 to 3.47. According to the industry distribution chart, Synclayer ranks #393 out of 1945 companies in the Hardware industry, placing it in the top 20.2%.
Is Synclayer's Cyclically Adjusted PB Ratio too high?
Synclayer's current Cyclically Adjusted PB Ratio of 0.73 is 33% below median its 10-year median of 1.09. Over the past 10 years, this metric has ranged from a low of 0.70 to a high of 3.47. The Hardware industry median Cyclically Adjusted PB Ratio is 2.03. Synclayer's value of 0.73 is 64% below this industry median. Based on the distribution chart, Synclayer ranks #393 out of 1945 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Synclayer has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Synclayer's Cyclically Adjusted PB Ratio compare to CSCO and MSI?
According to the Hardware industry distribution chart, Synclayer ranks #393 out of 1945 companies for Cyclically Adjusted PB Ratio. This places Synclayer in the top 20% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 2.03. Synclayer's value of 0.73 is 64% below this benchmark. Historically, Synclayer's own Cyclically Adjusted PB Ratio has ranged from 0.70 to 3.47 over the past decade. While the company's 10-year median is 1.09 vs. the industry median of 2.03, Synclayer 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 Hardware company?
The median Cyclically Adjusted PB Ratio among Hardware companies is 2.03, based on 1,945 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. Synclayer's current Cyclically Adjusted PB Ratio of 0.73 is 64% 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 Synclayer and its competitors. For the Hardware industry, the median Cyclically Adjusted PB Ratio is 2.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Synclayer's current Cyclically Adjusted PB Ratio is 0.73, which is 33% below median its own 10-year median of 1.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Synclayer stock overvalued right now?
Based on GuruFocus' analysis, Synclayer (TSE:1724) is currently considered Significantly Overvalued. The stock's GF Value™ is 円515.35, compared to a current price of 円716.00 — trading 38.9% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.73, which is 33% below median its 10-year median of 1.09 and 64% below the Hardware industry median of 2.03. Synclayer's overall GF Score™ is 61/100 with 4 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 Synclayer (TSE:1724), the current Cyclically Adjusted PB Ratio is 0.73 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 Synclayer (TSE:1724) Overvalued in 2026?

Based on GuruFocus' analysis, Synclayer stock appears to be overvalued. The current stock price of 円716.00 is trading 38.9% above its estimated GF Value™ of 円515.35. GuruFocus considers Synclayer to be Significantly Overvalued.

Key valuation signals for TSE:1724:

  • Cyclically Adjusted PB Ratio: 0.73 (33% below median its 10-year median of 1.09)
  • GF Value™: 円515.35 vs. price of 円716.00 (38.9% above fair value)
  • GF Score™: 61/100 with 4 warning signs
  • Industry Position: 64% below the Hardware median (#393 of 1945)

No single metric tells the full story. See the TSE:1724 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Synclayer Business Description

Address 2-21-18 Chiyoda, Naka-ku, Nagoya, JPN
Synclayer Inc is engaged in design, construction, maintenance and consultant related to cable television system, and information communication system, production, purchase and sale of cable television system equipment, information communication system equipment and their peripheral equipment, and provision of information on introduction of cable television system, information communication system, and education and guidance.
61GF Score

Get the complete analysis for TSE:1724

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

円716.00
Price
円515.35
GF Value