ValueCommerce Co (TSE:2491) Cyclically Adjusted PB Ratio: 0.94 (As of Aug. 10, 2026) — 88% Below Median

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TSE:2491 ValueCommerce Co Ltd TSE:2491
67 GF Score
Price 円458.00
GF Value 円481.25
Valuation Fairly Valued
! 5 Warning Signs
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What is ValueCommerce Co Cyclically Adjusted PB Ratio?

ValueCommerce Co TSE:2491 -1.29% 67 Cyclically Adjusted PB Ratio is 0.94 as of Aug. 10, 2026, which is 88% below its 10-year median of 7.93. GuruFocus rates TSE:2491 with a GF Score™ of 67/100 and a GF Value™ of 円481.25 (Fairly Valued). The stock has 5 warning signs investors should review. Among 699 Media - Diversified companies, ValueCommerce Co ranks better than 51.07% on this metric.

As of today (2026-08-10), ValueCommerce Co's current share price is 円458.00. ValueCommerce Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was 円488.76. ValueCommerce Co's Cyclically Adjusted PB Ratio for today is 0.94.

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

TSE:2491' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.91   Med: 7.93   Max: 21.95
Current: 0.95

During the past years, ValueCommerce Co's highest Cyclically Adjusted PB Ratio was 21.95. The lowest was 0.91. And the median was 7.93.

TSE:2491's Cyclically Adjusted PB Ratio is ranked better than
51.07% of 699 companies
in the Media - Diversified industry
Industry Median: 0.97 vs TSE:2491: 0.95

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.

ValueCommerce Co's adjusted book value per share data for the three months ended in Jun. 2026 was 円523.944. 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488.76 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


ValueCommerce Co  (TSE:2491) 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.


ValueCommerce Co Cyclically Adjusted PB Ratio Related Terms


ValueCommerce Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for ValueCommerce 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.

ValueCommerce Co Cyclically Adjusted PB Ratio Chart

ValueCommerce Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.08 5.96 4.03 2.80 1.41

ValueCommerce Co 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 1.75 1.74 1.41 0.89 0.93

TSE:2491 vs APP, OMC, TTD: Cyclically Adjusted PB Ratio Comparison

For the Advertising Agencies subindustry, ValueCommerce 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.


ValueCommerce Co Cyclically Adjusted PB Ratio vs Media - Diversified Industry

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

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


TSE:2491
67GF Score
ValueCommerce Co Ltd TSE:2491
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ValueCommerce 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.

ValueCommerce Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=458.00/488.76
=0.94

* 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.

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

For example, ValueCommerce Co'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)
=523.944/113.6000*113.6000
=523.944

Current CPI (Jun. 2026) = 113.6000.

ValueCommerce Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 189.547 98.000 219.720
201612 189.409 98.400 218.667
201703 195.674 98.100 226.591
201706 203.571 98.500 234.778
201709 202.287 98.800 232.589
201712 216.437 99.400 247.357
201803 227.705 99.200 260.759
201806 246.940 99.200 282.786
201809 260.410 99.900 296.122
201812 283.286 99.700 322.781
201903 290.792 99.700 331.334
201906 315.044 99.800 358.607
201909 326.202 100.100 370.195
201912 355.787 100.500 402.163
202003 370.033 100.300 419.100
202006 399.724 99.900 454.541
202009 416.249 99.900 473.332
202012 454.202 99.300 519.611
202103 401.038 99.900 456.035
202106 444.328 99.500 507.293
202109 470.639 100.100 534.112
202112 512.738 100.100 581.888
202203 538.214 101.100 604.759
202206 586.318 101.800 654.280
202209 603.591 103.100 665.062
202212 643.783 104.100 702.534
202303 645.422 104.400 702.298
202306 670.996 105.200 724.574
202309 672.047 106.200 718.875
202312 694.632 106.800 738.860
202403 694.449 107.200 735.909
202406 558.515 108.200 586.389
202409 562.393 108.900 586.665
202412 593.648 110.700 609.200
202503 613.364 111.100 627.166
202506 651.689 111.700 662.774
202509 645.184 112.000 654.401
202512 561.912 113.000 564.896
202603 533.078 112.700 537.335
202606 523.944 113.600 523.944

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 0.94 mean?
ValueCommerce Co (TSE:2491) has a Cyclically Adjusted PB Ratio of 0.94 as of Aug. 10, 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 ValueCommerce Co and its competitors. This is 88% below median its historical median of 7.93. Over the past decade, ValueCommerce Co's Cyclically Adjusted PB Ratio has ranged from 0.91 to 21.95. According to the industry distribution chart, ValueCommerce Co ranks #342 out of 699 companies in the Media - Diversified industry, placing it in the top 48.9%.
Is ValueCommerce Co's Cyclically Adjusted PB Ratio too high?
ValueCommerce Co's current Cyclically Adjusted PB Ratio of 0.94 is 88% below median its 10-year median of 7.93. Over the past 10 years, this metric has ranged from a low of 0.91 to a high of 21.95. The Media - Diversified industry median Cyclically Adjusted PB Ratio is 0.97. ValueCommerce Co's value of 0.94 is 3.1% below this industry median. Based on the distribution chart, ValueCommerce Co ranks #342 out of 699 companies in the Media - Diversified industry, which is above the industry midpoint. Overall, ValueCommerce Co has a GF Score™ of 67/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does ValueCommerce Co's Cyclically Adjusted PB Ratio compare to APP and OMC?
According to the Media - Diversified industry distribution chart, ValueCommerce Co ranks #342 out of 699 companies for Cyclically Adjusted PB Ratio. This puts ValueCommerce Co in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.97. ValueCommerce Co's value of 0.94 is 3.1% below this benchmark. Historically, ValueCommerce Co's own Cyclically Adjusted PB Ratio has ranged from 0.91 to 21.95 over the past decade. While the company's 10-year median is 7.93 vs. the industry median of 0.97, ValueCommerce 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 0.97, based on 699 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. ValueCommerce Co's current Cyclically Adjusted PB Ratio of 0.94 is 3.1% 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 ValueCommerce Co and its competitors. For the Media - Diversified industry, the median Cyclically Adjusted PB Ratio is 0.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ValueCommerce Co's current Cyclically Adjusted PB Ratio is 0.94, which is 88% below median its own 10-year median of 7.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ValueCommerce Co stock overvalued right now?
Based on GuruFocus' analysis, ValueCommerce Co (TSE:2491) is currently considered Fairly Valued. The stock's GF Value™ is 円481.25, compared to a current price of 円458.00 — trading 4.8% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.94, which is 88% below median its 10-year median of 7.93 and 3.1% below the Media - Diversified industry median of 0.97. ValueCommerce Co's overall GF Score™ is 67/100 with 5 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 ValueCommerce Co (TSE:2491), the current Cyclically Adjusted PB Ratio is 0.94 as of Aug. 10, 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 ValueCommerce Co (TSE:2491) Overvalued in 2026?

Based on GuruFocus' analysis, ValueCommerce Co stock appears to be undervalued. The current stock price of 円458.00 is trading 4.8% below its estimated GF Value™ of 円481.25. GuruFocus considers ValueCommerce Co to be Fairly Valued.

Key valuation signals for TSE:2491:

  • Cyclically Adjusted PB Ratio: 0.94 (88% below median its 10-year median of 7.93)
  • GF Value™: 円481.25 vs. price of 円458.00 (4.8% below fair value)
  • GF Score™: 67/100 with 5 warning signs
  • Industry Position: 3.1% below the Media - Diversified median (#342 of 699)

No single metric tells the full story. See the TSE:2491 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ValueCommerce Co Business Description

Address 1-3 Kioicho, Chiyoda-ku, 21st Floor Kioi Tower, Tokyo Garden Terrace Kioicho, Tokyo, JPN, 102-8282
ValueCommerce Co Ltd is engaged in provision of Marketing Solutions Business, EC Solutions Business, and Travel Tech Business. It provides marketing solution from customer attraction to retention to maximize commerce operators' performance, Gross Merchandise Value (GMV).
67GF Score

Get the complete analysis for TSE:2491

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

円458.00
Price
円481.25
GF Value