DIP (TSE:2379) Cyclically Adjusted PB Ratio: 3.06 (As of Aug. 08, 2026) — 71% Below Median

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TSE:2379 DIP Corp TSE:2379
80 GF Score
Price 円1,835.00
GF Value 円2,403.65
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is DIP Cyclically Adjusted PB Ratio?

DIP TSE:2379 +0.77% 80 Cyclically Adjusted PB Ratio is 3.06 as of Aug. 08, 2026, which is 71% below its 10-year median of 10.62. GuruFocus rates TSE:2379 with a GF Score™ of 80/100 and a GF Value™ of 円2,403.65 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 346 Interactive Media companies, DIP ranks worse than 72.25% on this metric.

As of today (2026-08-08), DIP's current share price is 円1835.00. DIP's Cyclically Adjusted Book per Share for the quarter that ended in May. 2026 was 円599.55. DIP's Cyclically Adjusted PB Ratio for today is 3.06.

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

TSE:2379' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.89   Med: 10.62   Max: 29.96
Current: 3.06

During the past years, DIP's highest Cyclically Adjusted PB Ratio was 29.96. The lowest was 2.89. And the median was 10.62.

TSE:2379's Cyclically Adjusted PB Ratio is ranked worse than
72.25% of 346 companies
in the Interactive Media industry
Industry Median: 1.44 vs TSE:2379: 3.06

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.

DIP's adjusted book value per share data for the three months ended in May. 2026 was 円671.924. 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599.55 for the trailing ten years ended in May. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


DIP  (TSE:2379) 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.


DIP Cyclically Adjusted PB Ratio Related Terms


DIP Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for DIP'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.

DIP Cyclically Adjusted PB Ratio Chart

DIP 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 11.05 9.37 5.84 4.09 3.48

DIP Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 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 4.14 4.22 3.77 3.48 2.92

TSE:2379 vs GOOGL, META, SPOT: Cyclically Adjusted PB Ratio Comparison

For the Internet Content & Information subindustry, DIP'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.


DIP Cyclically Adjusted PB Ratio vs Interactive Media Industry

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

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


TSE:2379
80GF Score
DIP Corp TSE:2379
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

DIP 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.

DIP's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1835.00/599.55
=3.06

* 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.

DIP's Cyclically Adjusted Book per Share for the quarter that ended in May. 2026 is calculated as:

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

Adj_Book=Book Value per Share/CPI of May. 2026 (Change)*Current CPI (May. 2026)
=671.924/113.5000*113.5000
=671.924

Current CPI (May. 2026) = 113.5000.

DIP Quarterly Data

Book Value per Share CPI Adj_Book
201608 226.295 97.900 262.354
201611 240.527 98.600 276.874
201702 273.265 98.100 316.163
201705 286.611 98.600 329.922
201708 318.167 98.500 366.619
201711 338.617 99.100 387.821
201802 374.819 99.500 427.557
201805 366.517 99.300 418.929
201808 389.098 99.800 442.511
201811 408.284 100.000 463.402
201902 469.090 99.700 534.019
201905 453.562 100.000 514.793
201908 493.112 100.000 559.682
201911 516.178 100.500 582.947
202002 580.556 100.300 656.960
202005 554.777 100.100 629.043
202008 628.183 100.100 712.275
202011 583.677 99.500 665.802
202102 563.256 99.800 640.577
202105 557.186 99.400 636.223
202108 595.157 99.700 677.536
202111 580.447 100.100 658.149
202202 591.254 100.700 666.408
202205 602.660 101.800 671.924
202208 643.692 102.700 711.383
202211 655.177 103.900 715.713
202302 684.700 104.000 747.245
202305 669.168 105.100 722.651
202308 695.021 105.900 744.900
202311 695.547 106.900 738.490
202402 723.512 106.900 768.182
202405 696.288 108.100 731.070
202408 667.791 109.100 694.723
202411 662.849 110.000 683.940
202502 692.368 110.800 709.240
202505 686.173 111.800 696.607
202508 714.757 112.100 723.683
202511 703.559 113.200 705.424
202602 710.093 112.200 718.320
202605 671.924 113.500 671.924

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 3.06 mean?
DIP (TSE:2379) has a Cyclically Adjusted PB Ratio of 3.06 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 DIP and its competitors. This is 71% below median its historical median of 10.62. Over the past decade, DIP's Cyclically Adjusted PB Ratio has ranged from 2.89 to 29.96. According to the industry distribution chart, DIP ranks #250 out of 346 companies in the Interactive Media industry, placing it in the top 72.3%.
Is DIP's Cyclically Adjusted PB Ratio too high?
DIP's current Cyclically Adjusted PB Ratio of 3.06 is 71% below median its 10-year median of 10.62. Over the past 10 years, this metric has ranged from a low of 2.89 to a high of 29.96. The Interactive Media industry median Cyclically Adjusted PB Ratio is 1.44. DIP's value of 3.06 is 112.5% above this industry median. Based on the distribution chart, DIP ranks #250 out of 346 companies in the Interactive Media industry, which is below the industry midpoint. Overall, DIP has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does DIP's Cyclically Adjusted PB Ratio compare to GOOGL and META?
According to the Interactive Media industry distribution chart, DIP ranks #250 out of 346 companies for Cyclically Adjusted PB Ratio. This places DIP in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.44. DIP's value of 3.06 is 112.5% above this benchmark. Historically, DIP's own Cyclically Adjusted PB Ratio has ranged from 2.89 to 29.96 over the past decade. While the company's 10-year median is 10.62 vs. the industry median of 1.44, DIP 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 an Interactive Media company?
The median Cyclically Adjusted PB Ratio among Interactive Media companies is 1.44, based on 346 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. DIP's current Cyclically Adjusted PB Ratio of 3.06 is 112.5% 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 DIP and its competitors. For the Interactive Media industry, the median Cyclically Adjusted PB Ratio is 1.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DIP's current Cyclically Adjusted PB Ratio is 3.06, which is 71% below median its own 10-year median of 10.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DIP stock overvalued right now?
Based on GuruFocus' analysis, DIP (TSE:2379) is currently considered Modestly Undervalued. The stock's GF Value™ is 円2,403.65, compared to a current price of 円1,835.00 — trading 23.7% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 3.06, which is 71% below median its 10-year median of 10.62 and 112.5% above the Interactive Media industry median of 1.44. DIP's overall GF Score™ is 80/100 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 DIP (TSE:2379), the current Cyclically Adjusted PB Ratio is 3.06 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 DIP (TSE:2379) Overvalued in 2026?

Based on GuruFocus' analysis, DIP stock appears to be undervalued. The current stock price of 円1,835.00 is trading 23.7% below its estimated GF Value™ of 円2,403.65. GuruFocus considers DIP to be Modestly Undervalued.

Key valuation signals for TSE:2379:

  • Cyclically Adjusted PB Ratio: 3.06 (71% below median its 10-year median of 10.62)
  • GF Value™: 円2,403.65 vs. price of 円1,835.00 (23.7% below fair value)
  • GF Score™: 80/100 with 3 warning signs
  • Industry Position: 112.5% above the Interactive Media median (#250 of 346)

No single metric tells the full story. See the TSE:2379 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


DIP Business Description

Address 32nd Floor, Izumi Garden Tower, 1-6-1 Roppongi, Minato-ku, Tokyo, JPN, 106-6032
DIP Corp is a Japan-based technology company that mainly provides job information and employment agency services online. The company has five business divisions. The Baitoru Com segment offers job information to contractors and recruiting companies. The Job Engine segment provides job offering and career change information to recruiting companies. The Hatarako Net provides staff service job information to staffing companies. The Other division specializes in services for restaurant customers, while the Agent segment provides employment services for healthcare facilities.
80GF Score

Get the complete analysis for TSE:2379

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

円1,835.00
Price
円2,403.65
GF Value