SMS Co (TSE:2175) Cyclically Adjusted PB Ratio: 6.91 (As of Jul. 28, 2026) — 63% Below Median

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TSE:2175 SMS Co Ltd TSE:2175
88 GF Score
Price 円2,400.00
GF Value 円2,029.60
Valuation Modestly Overvalued
! 6 Warning Signs
View Full Analysis

What is SMS Co Cyclically Adjusted PB Ratio?

SMS Co TSE:2175 +0.67% 88 Cyclically Adjusted PB Ratio is 6.91 as of Jul. 28, 2026, which is 63% below its 10-year median of 18.72. GuruFocus rates TSE:2175 with a GF Score™ of 88/100 and a GF Value™ of 円2,029.60 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 356 Healthcare Providers & Services companies, SMS Co ranks worse than 88.48% on this metric.

As of today (2026-07-28), SMS Co's current share price is 円2400.00. SMS Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円347.16. SMS Co's Cyclically Adjusted PB Ratio for today is 6.91.

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

TSE:2175' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.5   Med: 18.72   Max: 32.83
Current: 6.87

During the past years, SMS Co's highest Cyclically Adjusted PB Ratio was 32.83. The lowest was 3.50. And the median was 18.72.

TSE:2175's Cyclically Adjusted PB Ratio is ranked worse than
88.48% of 356 companies
in the Healthcare Providers & Services industry
Industry Median: 1.83 vs TSE:2175: 6.87

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.

SMS Co's adjusted book value per share data for the three months ended in Mar. 2026 was 円325.573. 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347.16 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


SMS Co  (TSE:2175) 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.


SMS Co Cyclically Adjusted PB Ratio Related Terms


SMS Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for SMS 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.

SMS Co Cyclically Adjusted PB Ratio Chart

SMS 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 20.81 15.61 10.22 3.68 4.73

SMS Co 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 3.68 4.67 4.73 3.94 4.73

TSE:2175 vs VEEV, BTSG, HQY: Cyclically Adjusted PB Ratio Comparison

For the Health Information Services subindustry, SMS 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.


SMS Co Cyclically Adjusted PB Ratio vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, SMS Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TSE:2175
88GF Score
SMS Co Ltd TSE:2175
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SMS 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2400.00/347.16
=6.91

* 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.

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

For example, SMS 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)
=325.573/112.7000*112.7000
=325.573

Current CPI (Mar. 2026) = 112.7000.

SMS Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 104.716 98.100 120.301
201609 88.605 98.000 101.896
201612 164.940 98.400 188.910
201703 198.640 98.100 228.203
201706 202.017 98.500 231.140
201709 204.256 98.800 232.992
201712 209.174 99.400 237.162
201803 223.268 99.200 253.652
201806 224.488 99.200 255.038
201809 152.938 99.900 172.534
201812 162.406 99.700 183.582
201903 178.602 99.700 201.890
201906 192.142 99.800 216.978
201909 191.137 100.100 215.196
201912 193.769 100.500 217.291
202003 222.820 100.300 250.367
202006 237.715 99.900 268.173
202009 242.669 99.900 273.762
202012 241.065 99.300 273.595
202103 260.111 99.900 293.439
202106 294.561 99.500 333.638
202109 306.155 100.100 344.692
202112 316.125 100.100 355.917
202203 344.131 101.100 383.616
202206 383.708 101.800 424.793
202209 423.911 103.100 463.383
202212 442.695 104.100 479.267
202303 440.822 104.400 475.868
202306 466.504 105.200 499.762
202309 500.131 106.200 530.742
202312 492.763 106.800 519.985
202403 510.473 107.200 536.663
202406 528.341 108.200 550.315
202409 535.816 108.900 554.513
202412 502.401 110.700 511.478
202503 556.920 111.100 564.940
202506 532.713 111.700 537.482
202509 535.746 112.000 539.094
202512 540.083 113.000 538.649
202603 325.573 112.700 325.573

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 6.91 mean?
SMS Co (TSE:2175) has a Cyclically Adjusted PB Ratio of 6.91 as of Jul. 28, 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 SMS Co and its competitors. This is 63% below median its historical median of 18.72. Over the past decade, SMS Co's Cyclically Adjusted PB Ratio has ranged from 3.50 to 32.83. According to the industry distribution chart, SMS Co ranks #315 out of 356 companies in the Healthcare Providers & Services industry, placing it in the top 88.5%.
Is SMS Co's Cyclically Adjusted PB Ratio too high?
SMS Co's current Cyclically Adjusted PB Ratio of 6.91 is 63% below median its 10-year median of 18.72. Over the past 10 years, this metric has ranged from a low of 3.50 to a high of 32.83. The Healthcare Providers & Services industry median Cyclically Adjusted PB Ratio is 1.83. SMS Co's value of 6.91 is 277.6% above this industry median. Based on the distribution chart, SMS Co ranks #315 out of 356 companies in the Healthcare Providers & Services industry, which is in the bottom quartile relative to peers. Overall, SMS Co has a GF Score™ of 88/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SMS Co's Cyclically Adjusted PB Ratio compare to VEEV and BTSG?
According to the Healthcare Providers & Services industry distribution chart, SMS Co ranks #315 out of 356 companies for Cyclically Adjusted PB Ratio. This places SMS Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.83. SMS Co's value of 6.91 is 277.6% above this benchmark. Historically, SMS Co's own Cyclically Adjusted PB Ratio has ranged from 3.50 to 32.83 over the past decade. While the company's 10-year median is 18.72 vs. the industry median of 1.83, SMS 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 a Healthcare Providers & Services company?
The median Cyclically Adjusted PB Ratio among Healthcare Providers & Services companies is 1.83, based on 356 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. SMS Co's current Cyclically Adjusted PB Ratio of 6.91 is 277.6% 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 SMS Co and its competitors. For the Healthcare Providers & Services industry, the median Cyclically Adjusted PB Ratio is 1.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SMS Co's current Cyclically Adjusted PB Ratio is 6.91, which is 63% below median its own 10-year median of 18.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SMS Co stock overvalued right now?
Based on GuruFocus' analysis, SMS Co (TSE:2175) is currently considered Modestly Overvalued. The stock's GF Value™ is 円2,029.60, compared to a current price of 円2,400.00 — trading 18.2% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 6.91, which is 63% below median its 10-year median of 18.72 and 277.6% above the Healthcare Providers & Services industry median of 1.83. SMS Co's overall GF Score™ is 88/100 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 SMS Co (TSE:2175), the current Cyclically Adjusted PB Ratio is 6.91 as of Jul. 28, 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 SMS Co (TSE:2175) Overvalued in 2026?

Based on GuruFocus' analysis, SMS Co stock appears to be overvalued. The current stock price of 円2,400.00 is trading 18.2% above its estimated GF Value™ of 円2,029.60. GuruFocus considers SMS Co to be Modestly Overvalued.

Key valuation signals for TSE:2175:

  • Cyclically Adjusted PB Ratio: 6.91 (63% below median its 10-year median of 18.72)
  • GF Value™: 円2,029.60 vs. price of 円2,400.00 (18.2% above fair value)
  • GF Score™: 88/100 with 6 warning signs
  • Industry Position: 277.6% above the Healthcare Providers & Services median (#315 of 356)

No single metric tells the full story. See the TSE:2175 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


SMS Co Business Description

Other Exchanges SMSSY:USA
Address Sumitomo Fudosan Shiba-koen Tower, 2-11-1 Shiba-koen, Minato-ku, Tokyo, JPN, 105-0011
SMS Co Ltd is a Japanese company involved in providing various services targeting information infrastructure for the aging society. The company divides its search service by the following segments: nursing care, medical care, career, healthcare/senior life, and global.
88GF Score

Get the complete analysis for TSE:2175

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

円2,400.00
Price
円2,029.60
GF Value