Digital Arts (TSE:2326) Cyclically Adjusted PB Ratio: 5.55 (As of Aug. 14, 2026) — 60% Below Median

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TSE:2326 Digital Arts Inc TSE:2326
87 GF Score
Price 円4,690.00
GF Value 円6,195.61
Valuation Modestly Undervalued
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What is Digital Arts Cyclically Adjusted PB Ratio?

Digital Arts TSE:2326 +1.19% 87 Cyclically Adjusted PB Ratio is 5.55 as of Aug. 14, 2026, which is 60% below its 10-year median of 14.01. GuruFocus rates TSE:2326 with a GF Score™ of 87/100 and a GF Value™ of 円6,195.61 (Modestly Undervalued). Among 1,552 Software companies, Digital Arts ranks worse than 78.74% on this metric.

As of today (2026-08-14), Digital Arts's current share price is 円4690.00. Digital Arts's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円844.64. Digital Arts's Cyclically Adjusted PB Ratio for today is 5.55.

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

TSE:2326' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 4.17   Med: 14.01   Max: 34.62
Current: 5.73

During the past years, Digital Arts's highest Cyclically Adjusted PB Ratio was 34.62. The lowest was 4.17. And the median was 14.01.

TSE:2326's Cyclically Adjusted PB Ratio is ranked worse than
78.74% of 1552 companies
in the Software industry
Industry Median: 2.315 vs TSE:2326: 5.73

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.

Digital Arts's adjusted book value per share data for the three months ended in Mar. 2026 was 円1,372.508. 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844.64 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Digital Arts  (TSE:2326) 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.


Digital Arts Cyclically Adjusted PB Ratio Related Terms


Digital Arts Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Digital Arts'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.

Digital Arts Cyclically Adjusted PB Ratio Chart

Digital Arts 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 16.30 9.47 7.01 9.03 6.11

Digital Arts 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 9.90 9.70 7.60 6.11 0.00

TSE:2326 vs MSFT, ORCL, PLTR: Cyclically Adjusted PB Ratio Comparison

For the Software - Infrastructure subindustry, Digital Arts'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.


Digital Arts Cyclically Adjusted PB Ratio vs Software Industry

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

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


TSE:2326
87GF Score
Digital Arts Inc TSE:2326
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Digital Arts 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.

Digital Arts's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4690.00/844.64
=5.55

* 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.

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

For example, Digital Arts'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)
=1372.508/112.7000*112.7000
=1,372.508

Current CPI (Mar. 2026) = 112.7000.

Digital Arts Quarterly Data

Book Value per Share CPI Adj_Book
201606 324.640 98.100 372.955
201609 356.388 98.000 409.846
201612 350.506 98.400 401.443
201703 380.933 98.100 437.626
201706 387.376 98.500 443.221
201709 416.632 98.800 475.247
201712 413.176 99.400 468.460
201803 448.867 99.200 509.953
201806 447.930 99.200 508.888
201809 506.449 99.900 571.339
201812 520.302 99.700 588.145
201903 560.012 99.700 633.033
201906 550.044 99.800 621.142
201909 607.288 100.100 683.730
201912 585.158 100.500 656.192
202003 618.463 100.300 694.923
202006 616.750 99.900 695.773
202009 658.460 99.900 742.827
202012 666.272 99.300 756.182
202103 716.231 99.900 808.000
202106 723.002 99.500 818.918
202109 789.579 100.100 888.967
202112 806.116 100.100 907.585
202203 864.734 101.100 963.952
202206 874.991 101.800 968.679
202209 936.107 103.100 1,023.271
202212 949.070 104.100 1,027.475
202303 1,007.978 104.400 1,088.114
202306 993.063 105.200 1,063.861
202309 1,026.456 106.200 1,089.281
202312 1,001.890 106.800 1,057.238
202403 1,163.164 107.200 1,222.841
202406 1,162.274 108.200 1,210.613
202409 1,199.897 108.900 1,241.767
202412 1,172.629 110.700 1,193.815
202503 1,276.410 111.100 1,294.792
202506 1,256.911 111.700 1,268.164
202509 1,303.104 112.000 1,311.248
202512 1,297.133 113.000 1,293.689
202603 1,372.508 112.700 1,372.508

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 5.55 mean?
Digital Arts (TSE:2326) has a Cyclically Adjusted PB Ratio of 5.55 as of Aug. 14, 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 Digital Arts and its competitors. This is 60% below median its historical median of 14.01. Over the past decade, Digital Arts' Cyclically Adjusted PB Ratio has ranged from 4.17 to 34.62. According to the industry distribution chart, Digital Arts ranks #1222 out of 1552 companies in the Software industry, placing it in the top 78.7%.
Is Digital Arts' Cyclically Adjusted PB Ratio too high?
Digital Arts' current Cyclically Adjusted PB Ratio of 5.55 is 60% below median its 10-year median of 14.01. Over the past 10 years, this metric has ranged from a low of 4.17 to a high of 34.62. The Software industry median Cyclically Adjusted PB Ratio is 2.32. Digital Arts' value of 5.55 is 139.7% above this industry median. Based on the distribution chart, Digital Arts ranks #1222 out of 1552 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Digital Arts has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Digital Arts' Cyclically Adjusted PB Ratio compare to MSFT and ORCL?
According to the Software industry distribution chart, Digital Arts ranks #1222 out of 1552 companies for Cyclically Adjusted PB Ratio. This places Digital Arts in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.32. Digital Arts' value of 5.55 is 139.7% above this benchmark. Historically, Digital Arts' own Cyclically Adjusted PB Ratio has ranged from 4.17 to 34.62 over the past decade. While the company's 10-year median is 14.01 vs. the industry median of 2.32, Digital Arts 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 Software company?
The median Cyclically Adjusted PB Ratio among Software companies is 2.32, based on 1,552 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. Digital Arts's current Cyclically Adjusted PB Ratio of 5.55 is 139.7% 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 Digital Arts and its competitors. For the Software industry, the median Cyclically Adjusted PB Ratio is 2.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Digital Arts's current Cyclically Adjusted PB Ratio is 5.55, which is 60% below median its own 10-year median of 14.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Digital Arts stock overvalued right now?
Based on GuruFocus' analysis, Digital Arts (TSE:2326) is currently considered Modestly Undervalued. The stock's GF Value™ is 円6,195.61, compared to a current price of 円4,690.00 — trading 24.3% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 5.55, which is 60% below median its 10-year median of 14.01 and 139.7% above the Software industry median of 2.32. Digital Arts' overall GF Score™ is 87/100. 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 Digital Arts (TSE:2326), the current Cyclically Adjusted PB Ratio is 5.55 as of Aug. 14, 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 Digital Arts (TSE:2326) Overvalued in 2026?

Based on GuruFocus' analysis, Digital Arts stock appears to be undervalued. The current stock price of 円4,690.00 is trading 24.3% below its estimated GF Value™ of 円6,195.61. GuruFocus considers Digital Arts to be Modestly Undervalued.

Key valuation signals for TSE:2326:

  • Cyclically Adjusted PB Ratio: 5.55 (60% below median its 10-year median of 14.01)
  • GF Value™: 円6,195.61 vs. price of 円4,690.00 (24.3% below fair value)
  • GF Score™: 87/100
  • Industry Position: 139.7% above the Software median (#1222 of 1552)

No single metric tells the full story. See the TSE:2326 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Digital Arts Business Description

Address Otemachi First Square, West tower 14 Floor, 1-5-1,Otemachi, Chiyoda, JPN, 100-0014
Digital Arts Inc develops Internet filtering software for business, private, and educational use. Its products protect users and networks from harmful Internet content and prevent inappropriate usage. Its software products are supplied to the corporate, public-sector (government ministries and agencies and schools), and consumer markets.
87GF Score

Get the complete analysis for TSE:2326

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

円4,690.00
Price
円6,195.61
GF Value