Tohokushinsha Film (TSE:2329) Cyclically Adjusted PB Ratio: 0.83 (As of Aug. 13, 2026) — 77% Above Median

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TSE:2329 Tohokushinsha Film Corp TSE:2329
63 GF Score
Price 円500.00
GF Value 円524.48
Valuation Fairly Valued
! 3 Warning Signs
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What is Tohokushinsha Film Cyclically Adjusted PB Ratio?

Tohokushinsha Film TSE:2329 +0.20% 63 Cyclically Adjusted PB Ratio is 0.83 as of Aug. 13, 2026, which is 77% above its 10-year median of 0.47. GuruFocus rates TSE:2329 with a GF Score™ of 63/100 and a GF Value™ of 円524.48 (Fairly Valued). The stock has 3 warning signs investors should review. Among 697 Media - Diversified companies, Tohokushinsha Film ranks better than 55.67% on this metric.

As of today (2026-08-13), Tohokushinsha Film's current share price is 円500.00. Tohokushinsha Film's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円600.73. Tohokushinsha Film's Cyclically Adjusted PB Ratio for today is 0.83.

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

TSE:2329' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.3   Med: 0.47   Max: 1.28
Current: 0.83

During the past years, Tohokushinsha Film's highest Cyclically Adjusted PB Ratio was 1.28. The lowest was 0.30. And the median was 0.47.

TSE:2329's Cyclically Adjusted PB Ratio is ranked better than
55.67% of 697 companies
in the Media - Diversified industry
Industry Median: 0.96 vs TSE:2329: 0.83

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.

Tohokushinsha Film's adjusted book value per share data for the three months ended in Mar. 2026 was 円624.078. 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600.73 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tohokushinsha Film  (TSE:2329) 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.


Tohokushinsha Film Cyclically Adjusted PB Ratio Related Terms


Tohokushinsha Film Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Tohokushinsha Film'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.

Tohokushinsha Film Cyclically Adjusted PB Ratio Chart

Tohokushinsha Film 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 0.41 0.44 0.83 0.98 1.02

Tohokushinsha Film Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24 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 0.98 0.94 1.08 1.06 1.02

TSE:2329 vs NFLX, DIS, WBD: Cyclically Adjusted PB Ratio Comparison

For the Entertainment subindustry, Tohokushinsha Film'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.


Tohokushinsha Film Cyclically Adjusted PB Ratio vs Media - Diversified Industry

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

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


TSE:2329
63GF Score
Tohokushinsha Film Corp TSE:2329
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tohokushinsha Film 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.

Tohokushinsha Film's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=500.00/600.73
=0.83

* 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.

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

For example, Tohokushinsha Film'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)
=624.078/112.7000*112.7000
=624.078

Current CPI (Mar. 2026) = 112.7000.

Tohokushinsha Film Quarterly Data

Book Value per Share CPI Adj_Book
201512 504.432 98.100 579.505
201603 505.607 97.900 582.042
201606 503.422 98.100 578.345
201609 501.884 98.000 577.167
201612 511.964 98.400 586.365
201703 524.441 98.100 602.492
201706 524.596 98.500 600.223
201709 532.458 98.800 607.369
201712 534.616 99.400 606.149
201803 534.402 99.200 607.128
201806 527.268 99.200 599.023
201809 515.351 99.900 581.382
201812 512.414 99.700 579.228
201903 515.840 99.700 583.101
201906 513.423 99.800 579.787
201909 514.609 100.100 579.385
201912 524.309 100.500 587.956
202003 513.820 100.300 577.343
202006 509.785 99.900 575.103
202009 516.423 99.900 582.591
202012 520.598 99.300 590.850
202103 531.536 99.900 599.641
202106 529.845 99.500 600.136
202109 539.627 100.100 607.552
202112 542.371 100.100 610.641
202203 546.642 101.100 609.363
202206 545.115 101.800 603.482
202209 555.015 103.100 606.694
202212 565.672 104.100 612.404
202303 572.776 104.400 618.313
202306 568.371 105.200 608.892
202309 581.623 106.200 617.221
202312 586.807 106.800 619.224
202403 604.932 107.200 635.969
202409 589.948 108.900 610.534
202503 616.517 111.100 625.396
202506 616.615 111.700 622.135
202509 624.739 112.000 628.644
202512 627.877 113.000 626.210
202603 624.078 112.700 624.078

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 0.83 mean?
Tohokushinsha Film (TSE:2329) has a Cyclically Adjusted PB Ratio of 0.83 as of Aug. 13, 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 Tohokushinsha Film and its competitors. This is 77% above median its historical median of 0.47. Over the past decade, Tohokushinsha Film's Cyclically Adjusted PB Ratio has ranged from 0.30 to 1.28. According to the industry distribution chart, Tohokushinsha Film ranks #309 out of 697 companies in the Media - Diversified industry, placing it in the top 44.3%.
Is Tohokushinsha Film's Cyclically Adjusted PB Ratio too high?
Tohokushinsha Film's current Cyclically Adjusted PB Ratio of 0.83 is 77% above median its 10-year median of 0.47. Over the past 10 years, this metric has ranged from a low of 0.30 to a high of 1.28. The Media - Diversified industry median Cyclically Adjusted PB Ratio is 0.96. Tohokushinsha Film's value of 0.83 is 13.5% below this industry median. Based on the distribution chart, Tohokushinsha Film ranks #309 out of 697 companies in the Media - Diversified industry, which is above the industry midpoint. Overall, Tohokushinsha Film has a GF Score™ of 63/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Tohokushinsha Film's Cyclically Adjusted PB Ratio compare to NFLX and DIS?
According to the Media - Diversified industry distribution chart, Tohokushinsha Film ranks #309 out of 697 companies for Cyclically Adjusted PB Ratio. This puts Tohokushinsha Film in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.96. Tohokushinsha Film's value of 0.83 is 13.5% below this benchmark. Historically, Tohokushinsha Film's own Cyclically Adjusted PB Ratio has ranged from 0.30 to 1.28 over the past decade. While the company's 10-year median is 0.47 vs. the industry median of 0.96, Tohokushinsha Film 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 0.96, based on 697 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. Tohokushinsha Film's current Cyclically Adjusted PB Ratio of 0.83 is 13.5% 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 Tohokushinsha Film and its competitors. For the Media - Diversified industry, the median Cyclically Adjusted PB Ratio is 0.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tohokushinsha Film's current Cyclically Adjusted PB Ratio is 0.83, which is 77% above median its own 10-year median of 0.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tohokushinsha Film stock overvalued right now?
Based on GuruFocus' analysis, Tohokushinsha Film (TSE:2329) is currently considered Fairly Valued. The stock's GF Value™ is 円524.48, compared to a current price of 円500.00 — trading 4.7% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.83, which is 77% above median its 10-year median of 0.47 and 13.5% below the Media - Diversified industry median of 0.96. Tohokushinsha Film's overall GF Score™ is 63/100 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 Tohokushinsha Film (TSE:2329), the current Cyclically Adjusted PB Ratio is 0.83 as of Aug. 13, 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 Tohokushinsha Film (TSE:2329) Overvalued in 2026?

Based on GuruFocus' analysis, Tohokushinsha Film stock appears to be undervalued. The current stock price of 円500.00 is trading 4.7% below its estimated GF Value™ of 円524.48. GuruFocus considers Tohokushinsha Film to be Fairly Valued.

Key valuation signals for TSE:2329:

  • Cyclically Adjusted PB Ratio: 0.83 (77% above median its 10-year median of 0.47)
  • GF Value™: 円524.48 vs. price of 円500.00 (4.7% below fair value)
  • GF Score™: 63/100 with 3 warning signs
  • Industry Position: 13.5% below the Media - Diversified median (#309 of 697)

No single metric tells the full story. See the TSE:2329 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tohokushinsha Film Business Description

Address 4-8-10 Akasaka, Minato-ku, Tokyo, JPN
Tohokushinsha Film Corp is a Japanese based media company. It operates in four business divisions including media production, distribution, broadcasting and commercial film production. Its business activities include advertising production, sales promotion, digital production, dubbing and subtitling, film distribution, film library, television distribution, and broadcasting operations.
63GF Score

Get the complete analysis for TSE:2329

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

円500.00
Price
円524.48
GF Value