Arbeit-Times Co (TSE:2341) Cyclically Adjusted PB Ratio: 0.87 (As of Aug. 08, 2026) — Near Median

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TSE:2341 Arbeit-Times Co Ltd TSE:2341
68 GF Score
Price 円164.00
GF Value 円225.55
Valuation Modestly Undervalued
! 1 Warning Sign
View Full Analysis

What is Arbeit-Times Co Cyclically Adjusted PB Ratio?

Arbeit-Times Co TSE:2341 68 Cyclically Adjusted PB Ratio is 0.87 as of Aug. 08, 2026, which is at its 10-year median of 0.87. GuruFocus rates TSE:2341 with a GF Score™ of 68/100 and a GF Value™ of 円225.55 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 702 Media - Diversified companies, Arbeit-Times Co ranks better than 52.99% on this metric.

As of today (2026-08-08), Arbeit-Times Co's current share price is 円164.00. Arbeit-Times Co's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2026 was 円188.22. Arbeit-Times Co's Cyclically Adjusted PB Ratio for today is 0.87.

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

TSE:2341' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.7   Med: 0.87   Max: 1.71
Current: 0.87

During the past years, Arbeit-Times Co's highest Cyclically Adjusted PB Ratio was 1.71. The lowest was 0.70. And the median was 0.87.

TSE:2341's Cyclically Adjusted PB Ratio is ranked better than
52.99% of 702 companies
in the Media - Diversified industry
Industry Median: 0.95 vs TSE:2341: 0.87

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.

Arbeit-Times Co's adjusted book value per share data for the three months ended in Feb. 2026 was 円156.136. 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188.22 for the trailing ten years ended in Feb. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Arbeit-Times Co  (TSE:2341) 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.


Arbeit-Times Co Cyclically Adjusted PB Ratio Related Terms


Arbeit-Times Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Arbeit-Times 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.

Arbeit-Times Co Cyclically Adjusted PB Ratio Chart

Arbeit-Times Co Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.76 0.70 0.78 0.75 1.00

Arbeit-Times Co Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 0.00 0.88 0.00 1.00 0.00

TSE:2341 vs NYT, WLY: Cyclically Adjusted PB Ratio Comparison

For the Publishing subindustry, Arbeit-Times 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.


Arbeit-Times Co Cyclically Adjusted PB Ratio vs Media - Diversified Industry

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

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


TSE:2341
68GF Score
Arbeit-Times Co Ltd TSE:2341
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Arbeit-Times 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.

Arbeit-Times Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=164.00/188.22
=0.87

* 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.

Arbeit-Times Co's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2026 is calculated as:

For example, Arbeit-Times Co's adjusted Book Value per Share data for the three months ended in Feb. 2026 was:

Adj_Book=Book Value per Share/CPI of Feb. 2026 (Change)*Current CPI (Feb. 2026)
=156.136/112.2000*112.2000
=156.136

Current CPI (Feb. 2026) = 112.2000.

Arbeit-Times Co Quarterly Data

Book Value per Share CPI Adj_Book
201602 171.056 97.800 196.242
201605 164.414 98.200 187.854
201608 169.006 97.900 193.692
201611 174.182 98.600 198.207
201702 177.552 98.100 203.072
201705 170.833 98.600 194.396
201708 181.571 98.500 206.825
201711 181.474 99.100 205.463
201802 183.497 99.500 206.918
201805 181.052 99.300 204.572
201808 183.841 99.800 206.683
201811 188.731 100.000 211.756
201902 190.197 99.700 214.043
201905 184.551 100.000 207.066
201908 186.169 100.000 208.882
201911 188.236 100.500 210.150
202002 189.827 100.300 212.349
202005 177.906 100.100 199.411
202008 170.741 100.100 191.380
202011 165.647 99.500 186.790
202102 163.706 99.800 184.046
202105 161.969 99.400 182.826
202108 161.605 99.700 181.866
202111 162.819 100.100 182.500
202202 165.368 100.700 184.253
202205 160.762 101.800 177.186
202208 161.590 102.700 176.537
202211 162.134 103.900 175.086
202302 163.970 104.000 176.898
202305 160.226 105.100 171.050
202308 163.083 105.900 172.785
202311 163.958 106.900 172.087
202402 182.107 106.900 191.136
202405 177.409 108.100 184.138
202408 178.611 109.100 183.686
202502 151.436 110.800 153.349
202505 147.515 111.800 148.043
202508 149.311 112.100 149.444
202511 150.695 113.200 149.364
202602 156.136 112.200 156.136

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 0.87 mean?
Arbeit-Times Co (TSE:2341) has a Cyclically Adjusted PB Ratio of 0.87 as of Aug. 08, 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 Arbeit-Times Co and its competitors. This is near median its historical median of 0.87. Over the past decade, Arbeit-Times Co's Cyclically Adjusted PB Ratio has ranged from 0.70 to 1.71. According to the industry distribution chart, Arbeit-Times Co ranks #330 out of 702 companies in the Media - Diversified industry, placing it in the top 47%.
Is Arbeit-Times Co's Cyclically Adjusted PB Ratio too high?
Arbeit-Times Co's current Cyclically Adjusted PB Ratio of 0.87 is near median its 10-year median of 0.87. Over the past 10 years, this metric has ranged from a low of 0.70 to a high of 1.71. The Media - Diversified industry median Cyclically Adjusted PB Ratio is 0.95. Arbeit-Times Co's value of 0.87 is 8.4% below this industry median. Based on the distribution chart, Arbeit-Times Co ranks #330 out of 702 companies in the Media - Diversified industry, which is above the industry midpoint. Overall, Arbeit-Times Co has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Arbeit-Times Co's Cyclically Adjusted PB Ratio compare to NYT and WLY?
According to the Media - Diversified industry distribution chart, Arbeit-Times Co ranks #330 out of 702 companies for Cyclically Adjusted PB Ratio. This puts Arbeit-Times Co in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.95. Arbeit-Times Co's value of 0.87 is 8.4% below this benchmark. Historically, Arbeit-Times Co's own Cyclically Adjusted PB Ratio has ranged from 0.70 to 1.71 over the past decade. While the company's 10-year median is 0.87 vs. the industry median of 0.95, Arbeit-Times Co 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 0.95, 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. Arbeit-Times Co's current Cyclically Adjusted PB Ratio of 0.87 is 8.4% 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 Arbeit-Times Co and its competitors. For the Media - Diversified industry, the median Cyclically Adjusted PB Ratio is 0.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Arbeit-Times Co's current Cyclically Adjusted PB Ratio is 0.87, which is near median its own 10-year median of 0.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Arbeit-Times Co stock overvalued right now?
Based on GuruFocus' analysis, Arbeit-Times Co (TSE:2341) is currently considered Modestly Undervalued. The stock's GF Value™ is 円225.55, compared to a current price of 円164.00 — trading 27.3% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.87, which is near median its 10-year median of 0.87 and 8.4% below the Media - Diversified industry median of 0.95. Arbeit-Times Co's overall GF Score™ is 68/100 with 1 warning sign 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 Arbeit-Times Co (TSE:2341), the current Cyclically Adjusted PB Ratio is 0.87 as of Aug. 08, 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 Arbeit-Times Co (TSE:2341) Overvalued in 2026?

Based on GuruFocus' analysis, Arbeit-Times Co stock appears to be undervalued. The current stock price of 円164.00 is trading 27.3% below its estimated GF Value™ of 円225.55. GuruFocus considers Arbeit-Times Co to be Modestly Undervalued.

Key valuation signals for TSE:2341:

  • Cyclically Adjusted PB Ratio: 0.87 (near median its 10-year median of 0.87)
  • GF Value™: 円225.55 vs. price of 円164.00 (27.3% below fair value)
  • GF Score™: 68/100 with 1 warning sign
  • Industry Position: 8.4% below the Media - Diversified median (#330 of 702)

No single metric tells the full story. See the TSE:2341 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Arbeit-Times Co Business Description

Address 2-6-13 Kyobashi, 5th Floor, Kyobashi Yotsugi Building, Chuo-ku, Tokyo, JPN, 104-0031
Arbeit-Times Co Ltd is a Japan-based company engaged in the business of publishing magazines. The company edits and issues free job recruitment magazine under the brand name DOMO. It also provides job-related information through its online websites. In addition, it is also involved in the free paper agent intermediary and direct promotion business activities. The Group has two reportable segments: Information provision business; and Sales promotion support business.
68GF Score

Get the complete analysis for TSE:2341

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

円164.00
Price
円225.55
GF Value