mixi (TSE:2121) Cyclically Adjusted PB Ratio: 1.23 (As of Aug. 04, 2026) — 17% Below Median

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TSE:2121 mixi Inc TSE:2121
87 GF Score
Price 円3,210.00
GF Value 円3,687.86
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is mixi Cyclically Adjusted PB Ratio?

mixi TSE:2121 -5.59% 87 Cyclically Adjusted PB Ratio is 1.23 as of Aug. 04, 2026, which is 17% below its 10-year median of 1.48. GuruFocus rates TSE:2121 with a GF Score™ of 87/100 and a GF Value™ of 円3,687.86 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 347 Interactive Media companies, mixi ranks better than 55.91% on this metric.

As of today (2026-08-04), mixi's current share price is 円3210.00. mixi's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was 円2,618.71. mixi's Cyclically Adjusted PB Ratio for today is 1.23.

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

TSE:2121' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.98   Med: 1.48   Max: 8.16
Current: 1.3

During the past years, mixi's highest Cyclically Adjusted PB Ratio was 8.16. The lowest was 0.98. And the median was 1.48.

TSE:2121's Cyclically Adjusted PB Ratio is ranked better than
55.91% of 347 companies
in the Interactive Media industry
Industry Median: 1.45 vs TSE:2121: 1.30

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.

mixi's adjusted book value per share data for the three months ended in Jun. 2026 was 円2,898.197. 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2,618.71 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


mixi  (TSE:2121) 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.


mixi Cyclically Adjusted PB Ratio Related Terms


mixi Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for mixi'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.

mixi Cyclically Adjusted PB Ratio Chart

mixi 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 1.41 1.44 1.26 1.38 0.99

mixi Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 1.42 1.28 1.07 0.99 1.03

TSE:2121 vs NTES, EA, TTWO: Cyclically Adjusted PB Ratio Comparison

For the Electronic Gaming & Multimedia subindustry, mixi'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.


mixi Cyclically Adjusted PB Ratio vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, mixi's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TSE:2121
87GF Score
mixi Inc TSE:2121
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

mixi 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3210.00/2618.71
=1.23

* 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.

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

For example, mixi'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)
=2898.197/113.6000*113.6000
=2,898.197

Current CPI (Jun. 2026) = 113.6000.

mixi Quarterly Data

Book Value per Share CPI Adj_Book
201609 1,563.965 98.000 1,812.923
201612 1,678.359 98.400 1,937.618
201703 1,892.324 98.100 2,191.315
201706 1,919.329 98.500 2,213.561
201709 2,035.704 98.800 2,340.648
201712 1,971.539 99.400 2,253.187
201803 2,184.906 99.200 2,502.070
201806 2,175.425 99.200 2,491.213
201809 2,252.581 99.900 2,561.494
201812 2,245.800 99.700 2,558.906
201903 2,375.382 99.700 2,706.554
201906 2,329.051 99.800 2,651.104
201909 2,347.313 100.100 2,663.884
201912 2,270.458 100.500 2,566.408
202003 2,403.371 100.300 2,722.063
202006 2,409.608 99.900 2,740.055
202009 2,490.829 99.900 2,832.414
202012 2,442.999 99.300 2,794.811
202103 2,514.541 99.900 2,859.378
202106 2,519.149 99.500 2,876.134
202109 2,546.501 100.100 2,889.935
202112 2,508.022 100.100 2,846.267
202203 2,544.849 101.100 2,859.494
202206 2,539.929 101.800 2,834.341
202209 2,522.549 103.100 2,779.453
202212 2,466.466 104.100 2,691.552
202303 2,495.923 104.400 2,715.870
202306 2,456.732 105.200 2,652.897
202309 2,469.122 106.200 2,641.170
202312 2,446.747 106.800 2,602.532
202403 2,482.136 107.200 2,630.323
202406 2,458.592 108.200 2,581.294
202409 2,530.312 108.900 2,639.517
202412 2,559.738 110.700 2,626.795
202503 2,657.217 111.100 2,717.010
202506 2,617.858 111.700 2,662.387
202509 2,644.596 112.000 2,682.376
202512 2,683.347 113.000 2,697.595
202603 2,801.385 112.700 2,823.756
202606 2,898.197 113.600 2,898.197

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 1.23 mean?
mixi (TSE:2121) has a Cyclically Adjusted PB Ratio of 1.23 as of Aug. 04, 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 mixi and its competitors. This is 17% below median its historical median of 1.48. Over the past decade, mixi's Cyclically Adjusted PB Ratio has ranged from 0.98 to 8.16. According to the industry distribution chart, mixi ranks #153 out of 347 companies in the Interactive Media industry, placing it in the top 44.1%.
Is mixi's Cyclically Adjusted PB Ratio too high?
mixi's current Cyclically Adjusted PB Ratio of 1.23 is 17% below median its 10-year median of 1.48. Over the past 10 years, this metric has ranged from a low of 0.98 to a high of 8.16. The Interactive Media industry median Cyclically Adjusted PB Ratio is 1.45. mixi's value of 1.23 is 15.2% below this industry median. Based on the distribution chart, mixi ranks #153 out of 347 companies in the Interactive Media industry, which is above the industry midpoint. Overall, mixi has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does mixi's Cyclically Adjusted PB Ratio compare to NTES and EA?
According to the Interactive Media industry distribution chart, mixi ranks #153 out of 347 companies for Cyclically Adjusted PB Ratio. This puts mixi in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.45. mixi's value of 1.23 is 15.2% below this benchmark. Historically, mixi's own Cyclically Adjusted PB Ratio has ranged from 0.98 to 8.16 over the past decade. While the company's 10-year median is 1.48 vs. the industry median of 1.45, mixi 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 an Interactive Media company?
The median Cyclically Adjusted PB Ratio among Interactive Media companies is 1.45, based on 347 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. mixi's current Cyclically Adjusted PB Ratio of 1.23 is 15.2% 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 mixi and its competitors. For the Interactive Media industry, the median Cyclically Adjusted PB Ratio is 1.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. mixi's current Cyclically Adjusted PB Ratio is 1.23, which is 17% below median its own 10-year median of 1.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is mixi stock overvalued right now?
Based on GuruFocus' analysis, mixi (TSE:2121) is currently considered Modestly Undervalued. The stock's GF Value™ is 円3,687.86, compared to a current price of 円3,210.00 — trading 13% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.23, which is 17% below median its 10-year median of 1.48 and 15.2% below the Interactive Media industry median of 1.45. mixi's overall GF Score™ is 87/100 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 mixi (TSE:2121), the current Cyclically Adjusted PB Ratio is 1.23 as of Aug. 04, 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 mixi (TSE:2121) Overvalued in 2026?

Based on GuruFocus' analysis, mixi stock appears to be undervalued. The current stock price of 円3,210.00 is trading 13% below its estimated GF Value™ of 円3,687.86. GuruFocus considers mixi to be Modestly Undervalued.

Key valuation signals for TSE:2121:

  • Cyclically Adjusted PB Ratio: 1.23 (17% below median its 10-year median of 1.48)
  • GF Value™: 円3,687.86 vs. price of 円3,210.00 (13% below fair value)
  • GF Score™: 87/100 with 5 warning signs
  • Industry Position: 15.2% below the Interactive Media median (#153 of 347)

No single metric tells the full story. See the TSE:2121 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


mixi Business Description

Address Sumitomo Fudosan Shibuya First Tower 7F, Tokyo, JPN, 150-0011
mixi Inc is a Japanese company which provides social networking services. The company conducts its business activities mainly including the operation of websites and provision of native smartphone games on the Internet. It business segments include, Entertainment Business and Media Platform Business. mixi provides games mainly including native smartphone games through Entertainment Business, and operates business-to-consumer and consumer-to-consumer services utilizing the Internet and invests in operating companies of these services through Media Platform Business.
87GF Score

Get the complete analysis for TSE:2121

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

円3,210.00
Price
円3,687.86
GF Value