Saylor Advertising (TSE:2156) Cyclically Adjusted PB Ratio: 0.51 (As of Aug. 04, 2026) — 19% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
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.

TSE:2156 Saylor Advertising Inc TSE:2156
45 GF Score
Price 円265.00
GF Value 円281.85
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Saylor Advertising Cyclically Adjusted PB Ratio?

Saylor Advertising TSE:2156 45 Cyclically Adjusted PB Ratio is 0.51 as of Aug. 04, 2026, which is 19% below its 10-year median of 0.63. GuruFocus rates TSE:2156 with a GF Score™ of 45/100 and a GF Value™ of 円281.85 (Fairly Valued). The stock has 3 warning signs investors should review. Among 702 Media - Diversified companies, Saylor Advertising ranks better than 71.65% on this metric.

As of today (2026-08-04), Saylor Advertising's current share price is 円265.00. Saylor Advertising's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar26 was 円523.07. Saylor Advertising's Cyclically Adjusted PB Ratio for today is 0.51.

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

TSE:2156' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.48   Med: 0.63   Max: 1.37
Current: 0.51

During the past 13 years, Saylor Advertising's highest Cyclically Adjusted PB Ratio was 1.37. The lowest was 0.48. And the median was 0.63.

TSE:2156's Cyclically Adjusted PB Ratio is ranked better than
71.65% of 702 companies
in the Media - Diversified industry
Industry Median: 0.965 vs TSE:2156: 0.51

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.

Saylor Advertising's adjusted book value per share data of for the fiscal year that ended in Mar26 was 円447.928. 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523.07 for the trailing ten years ended in Mar26.

Shiller PE for Stocks: The True Measure of Stock Valuation


Saylor Advertising  (TSE:2156) 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.


Saylor Advertising Cyclically Adjusted PB Ratio Related Terms


Saylor Advertising Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Saylor Advertising'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.

Saylor Advertising Cyclically Adjusted PB Ratio Chart

Saylor Advertising 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 0.54 0.59 0.62 0.66 0.57

Saylor Advertising Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 0.62 0.66 0.66 0.00 0.57

TSE:2156 vs APP, OMC, TTD: Cyclically Adjusted PB Ratio Comparison

For the Advertising Agencies subindustry, Saylor Advertising'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.


Saylor Advertising Cyclically Adjusted PB Ratio vs Media - Diversified Industry

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

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


TSE:2156
45GF Score
Saylor Advertising Inc TSE:2156
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Saylor Advertising 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.

Saylor Advertising's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=265.00/523.07
=0.51

* 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.

Saylor Advertising's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar26 is calculated as:

For example, Saylor Advertising's adjusted Book Value per Share data for the fiscal year that ended in Mar26 was:

Adj_Book=Book Value per Share/CPI of Mar26 (Change)*Current CPI (Mar26)
=447.928/112.7000*112.7000
=447.928

Current CPI (Mar26) = 112.7000.

Saylor Advertising Annual Data

Book Value per Share CPI Adj_Book
201703 491.970 98.100 565.189
201803 484.895 99.200 550.884
201903 499.217 99.700 564.310
202003 496.524 100.300 557.909
202103 477.705 99.900 538.912
202203 462.745 101.100 515.839
202303 495.990 104.400 535.422
202403 462.088 107.200 485.796
202503 461.877 111.100 468.529
202603 447.928 112.700 447.928

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 0.51 mean?
Saylor Advertising (TSE:2156) has a Cyclically Adjusted PB Ratio of 0.51 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 Saylor Advertising and its competitors. This is 19% below median its historical median of 0.63. Over the past decade, Saylor Advertising's Cyclically Adjusted PB Ratio has ranged from 0.48 to 1.37. According to the industry distribution chart, Saylor Advertising ranks #199 out of 702 companies in the Media - Diversified industry, placing it in the top 28.3%.
Is Saylor Advertising's Cyclically Adjusted PB Ratio too high?
Saylor Advertising's current Cyclically Adjusted PB Ratio of 0.51 is 19% below median its 10-year median of 0.63. Over the past 10 years, this metric has ranged from a low of 0.48 to a high of 1.37. The Media - Diversified industry median Cyclically Adjusted PB Ratio is 0.97. Saylor Advertising's value of 0.51 is 47.2% below this industry median. Based on the distribution chart, Saylor Advertising ranks #199 out of 702 companies in the Media - Diversified industry, which is above the industry midpoint. Overall, Saylor Advertising has a GF Score™ of 45/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Saylor Advertising's Cyclically Adjusted PB Ratio compare to APP and OMC?
According to the Media - Diversified industry distribution chart, Saylor Advertising ranks #199 out of 702 companies for Cyclically Adjusted PB Ratio. This puts Saylor Advertising in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.97. Saylor Advertising's value of 0.51 is 47.2% below this benchmark. Historically, Saylor Advertising's own Cyclically Adjusted PB Ratio has ranged from 0.48 to 1.37 over the past decade. While the company's 10-year median is 0.63 vs. the industry median of 0.97, Saylor Advertising 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 702 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. Saylor Advertising's current Cyclically Adjusted PB Ratio of 0.51 is 47.2% 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 Saylor Advertising 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. Saylor Advertising's current Cyclically Adjusted PB Ratio is 0.51, which is 19% below median its own 10-year median of 0.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Saylor Advertising stock overvalued right now?
Based on GuruFocus' analysis, Saylor Advertising (TSE:2156) is currently considered Fairly Valued. The stock's GF Value™ is 円281.85, compared to a current price of 円265.00 — trading 6% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.51, which is 19% below median its 10-year median of 0.63 and 47.2% below the Media - Diversified industry median of 0.97. Saylor Advertising's overall GF Score™ is 45/100 with 3 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 Saylor Advertising (TSE:2156), the current Cyclically Adjusted PB Ratio is 0.51 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 Saylor Advertising (TSE:2156) Overvalued in 2026?

Based on GuruFocus' analysis, Saylor Advertising stock appears to be undervalued. The current stock price of 円265.00 is trading 6% below its estimated GF Value™ of 円281.85. GuruFocus considers Saylor Advertising to be Fairly Valued.

Key valuation signals for TSE:2156:

  • Cyclically Adjusted PB Ratio: 0.51 (19% below median its 10-year median of 0.63)
  • GF Value™: 円281.85 vs. price of 円265.00 (6% below fair value)
  • GF Score™: 45/100 with 3 warning signs
  • Industry Position: 47.2% below the Media - Diversified median (#199 of 702)

No single metric tells the full story. See the TSE:2156 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Saylor Advertising Business Description

Address No. 7 No. 20 2-chome Ogimachi, Takamatsu, JPN, 7608502
Saylor Advertising Inc is engaged in the provision of planning, drafting, filing, and production of advertisements through media, such as television, radio, newspaper, and magazine. It is also engaged in sales promotion and Internet-related advertisements, as well as the publication of magazines.
45GF Score

Get the complete analysis for TSE:2156

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

円265.00
Price
円281.85
GF Value