Kakaku.com (TSE:2371) Cyclically Adjusted PB Ratio: (As of Sep. 20, 2026)

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.
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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:2371 Kakaku.com Inc TSE:2371
89 GF Score
Price 円3,835.00
GF Value 円3,110.82
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Kakaku.com Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Kakaku.com  (TSE:2371) 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.


Kakaku.com Cyclically Adjusted PB Ratio Related Terms


Kakaku.com Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Kakaku.com'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.

Kakaku.com Cyclically Adjusted PB Ratio Chart

Kakaku.com 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 16.18 9.48 8.98 9.13 8.19

Kakaku.com 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 11.68 10.86 9.64 8.52 13.63

TSE:2371 vs GOOGL, META, SPOT: Cyclically Adjusted PB Ratio Comparison

For the Internet Content & Information subindustry, Kakaku.com'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.


Kakaku.com Cyclically Adjusted PB Ratio vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Kakaku.com's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TSE:2371
89GF Score
Kakaku.com Inc TSE:2371
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kakaku.com 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.

Kakaku.com's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Kakaku.com's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=328.595/113.6000*113.6000
=328.595

Current CPI (Jun. 2026) = 113.6000.

Kakaku.com Quarterly Data

Book Value per Share CPI Adj_Book
201609 0.000 98.000 0.000
201612 149.167 98.400 172.209
201703 163.424 98.100 189.245
201706 150.253 98.500 173.287
201709 165.618 98.800 190.427
201712 140.614 99.400 160.702
201803 161.612 99.200 185.072
201806 163.917 99.200 187.711
201809 184.574 99.900 209.886
201812 173.845 99.700 198.082
201903 196.235 99.700 223.594
201906 198.609 99.800 226.072
201909 221.893 100.100 251.819
201912 205.089 100.500 231.822
202003 210.343 100.300 238.235
202006 197.211 99.900 224.256
202009 211.809 99.900 240.856
202012 214.429 99.300 245.309
202103 228.836 99.900 260.218
202106 222.086 99.500 253.557
202109 220.082 100.100 249.763
202112 215.727 100.100 244.821
202203 235.399 101.100 264.504
202206 235.972 101.800 263.324
202209 255.559 103.100 281.586
202212 225.159 104.100 245.707
202303 239.503 104.400 260.609
202306 237.922 105.200 256.920
202309 259.322 106.200 277.392
202312 243.132 106.800 258.612
202403 261.638 107.200 277.258
202406 263.117 108.200 276.249
202409 287.010 108.900 299.397
202412 289.038 110.700 296.610
202503 314.233 111.100 321.304
202506 283.602 111.700 288.426
202509 305.637 112.000 310.003
202512 306.375 113.000 308.002
202603 329.414 112.700 332.045
202606 328.595 113.600 328.595

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.

Is Kakaku.com (TSE:2371) Overvalued in 2026?

Based on GuruFocus' analysis, Kakaku.com stock appears to be overvalued. The current stock price of 円3,835.00 is trading 23.3% above its estimated GF Value™ of 円3,110.82. GuruFocus considers Kakaku.com to be Modestly Overvalued.

Key valuation signals for TSE:2371:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: 円3,110.82 vs. price of 円3,835.00 (23.3% above fair value)
  • GF Score™: 89/100 with 7 warning signs

No single metric tells the full story. See the TSE:2371 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kakaku.com Business Description

Other Exchanges KKKUF:USAKKC:Germany
Address 3-5-7 Ebisu Minami, Digital Gate Building, Shibuya-ku, Tokyo, JPN, 150-0022
Kakaku.com Inc. is a Japan-based internet company operating various web services. The company operates through four segments. The Incubation Business includes real estate and housing site Smity, travel review site Fort Travel, movie information site Movie.com, automotive site web CG, dynamic package systems, and the bus comparison site Bus Comparison Navi. The Job Box Business operates the job search site Job Box and job information site Jobcube. The Kakaku.com Business operates the purchasing support site Kakaku.com and engages in insurance services through Kakaku.com Insurance Co., Ltd. The Tabelog Business operates the restaurant search and reservation site Tabelog. It generates the majority of its revenue from the Tabelog business segment.
89GF Score

Get the complete analysis for TSE:2371

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

円3,835.00
Price
円3,110.82
GF Value