ImageONE Co (TSE:2667) Cyclically Adjusted PB Ratio: 0.57 (As of Aug. 12, 2026) — 80% Below Median

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TSE:2667 ImageONE Co Ltd TSE:2667
43 GF Score
Price 円118.00
GF Value 円72.16
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is ImageONE Co Cyclically Adjusted PB Ratio?

ImageONE Co TSE:2667 +3.51% 43 Cyclically Adjusted PB Ratio is 0.57 as of Aug. 12, 2026, which is 80% below its 10-year median of 2.88. GuruFocus rates TSE:2667 with a GF Score™ of 43/100 and a GF Value™ of 円72.16 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,965 Hardware companies, ImageONE Co ranks better than 85.9% on this metric.

As of today (2026-08-12), ImageONE Co's current share price is 円118.00. ImageONE Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円207.87. ImageONE Co's Cyclically Adjusted PB Ratio for today is 0.57.

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

TSE:2667' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.55   Med: 2.88   Max: 6.85
Current: 0.55

During the past years, ImageONE Co's highest Cyclically Adjusted PB Ratio was 6.85. The lowest was 0.55. And the median was 2.88.

TSE:2667's Cyclically Adjusted PB Ratio is ranked better than
85.9% of 1965 companies
in the Hardware industry
Industry Median: 2.07 vs TSE:2667: 0.55

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.

ImageONE Co's adjusted book value per share data for the three months ended in Mar. 2026 was 円73.816. 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207.87 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


ImageONE Co  (TSE:2667) 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.


ImageONE Co Cyclically Adjusted PB Ratio Related Terms


ImageONE Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for ImageONE 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.

ImageONE Co Cyclically Adjusted PB Ratio Chart

ImageONE Co Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.95 3.98 3.06 0.93 1.09

ImageONE Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 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 1.23 1.29 1.09 0.86 1.02

TSE:2667 vs COHR, KEYS, GRMN: Cyclically Adjusted PB Ratio Comparison

For the Scientific & Technical Instruments subindustry, ImageONE 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.


ImageONE Co Cyclically Adjusted PB Ratio vs Hardware Industry

For the Hardware industry and Technology sector, ImageONE Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TSE:2667
43GF Score
ImageONE Co Ltd TSE:2667
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ImageONE 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=118.00/207.87
=0.57

* 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.

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

For example, ImageONE Co'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)
=73.816/112.7000*112.7000
=73.816

Current CPI (Mar. 2026) = 112.7000.

ImageONE Co Quarterly Data

Book Value per Share CPI Adj_Book
201603 177.842 97.900 204.727
201606 167.660 98.100 192.612
201609 183.173 98.000 210.649
201612 170.083 98.400 194.800
201703 172.918 98.100 198.653
201706 160.908 98.500 184.105
201709 169.506 98.800 193.354
201712 187.993 99.400 213.147
201803 179.010 99.200 203.371
201806 220.899 99.200 250.961
201809 251.145 99.900 283.324
201812 242.726 99.700 274.375
201903 197.742 99.700 223.526
201906 180.511 99.800 203.844
201909 287.940 100.100 324.184
201912 258.798 100.500 290.214
202003 254.769 100.300 286.266
202006 248.235 99.900 280.041
202009 229.000 99.900 258.341
202012 208.085 99.300 236.165
202103 226.476 99.900 255.494
202106 294.638 99.500 333.726
202109 258.515 100.100 291.055
202112 244.676 100.100 275.474
202203 244.309 101.100 272.340
202206 232.094 101.800 256.945
202209 229.868 103.100 251.272
202212 235.945 104.100 255.437
202303 241.109 104.400 260.278
202306 230.949 105.200 247.414
202309 153.655 106.200 163.059
202312 150.893 106.800 159.229
202403 133.839 107.200 140.706
202406 116.437 108.200 121.280
202409 68.556 108.900 70.948
202503 45.909 111.100 46.570
202506 31.299 111.700 31.579
202509 55.374 112.000 55.720
202512 45.814 113.000 45.692
202603 73.816 112.700 73.816

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 0.57 mean?
ImageONE Co (TSE:2667) has a Cyclically Adjusted PB Ratio of 0.57 as of Aug. 12, 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 ImageONE Co and its competitors. This is 80% below median its historical median of 2.88. Over the past decade, ImageONE Co's Cyclically Adjusted PB Ratio has ranged from 0.55 to 6.85. According to the industry distribution chart, ImageONE Co ranks #277 out of 1965 companies in the Hardware industry, placing it in the top 14.1%.
Is ImageONE Co's Cyclically Adjusted PB Ratio too high?
ImageONE Co's current Cyclically Adjusted PB Ratio of 0.57 is 80% below median its 10-year median of 2.88. Over the past 10 years, this metric has ranged from a low of 0.55 to a high of 6.85. The Hardware industry median Cyclically Adjusted PB Ratio is 2.07. ImageONE Co's value of 0.57 is 72.5% below this industry median. Based on the distribution chart, ImageONE Co ranks #277 out of 1965 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, ImageONE Co has a GF Score™ of 43/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does ImageONE Co's Cyclically Adjusted PB Ratio compare to COHR and KEYS?
According to the Hardware industry distribution chart, ImageONE Co ranks #277 out of 1965 companies for Cyclically Adjusted PB Ratio. This places ImageONE Co in the top 14% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 2.07. ImageONE Co's value of 0.57 is 72.5% below this benchmark. Historically, ImageONE Co's own Cyclically Adjusted PB Ratio has ranged from 0.55 to 6.85 over the past decade. While the company's 10-year median is 2.88 vs. the industry median of 2.07, ImageONE 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 Hardware company?
The median Cyclically Adjusted PB Ratio among Hardware companies is 2.07, based on 1,965 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. ImageONE Co's current Cyclically Adjusted PB Ratio of 0.57 is 72.5% 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 ImageONE Co and its competitors. For the Hardware industry, the median Cyclically Adjusted PB Ratio is 2.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ImageONE Co's current Cyclically Adjusted PB Ratio is 0.57, which is 80% below median its own 10-year median of 2.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ImageONE Co stock overvalued right now?
Based on GuruFocus' analysis, ImageONE Co (TSE:2667) is currently considered Significantly Overvalued. The stock's GF Value™ is 円72.16, compared to a current price of 円118.00 — trading 63.5% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.57, which is 80% below median its 10-year median of 2.88 and 72.5% below the Hardware industry median of 2.07. ImageONE Co's overall GF Score™ is 43/100 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 ImageONE Co (TSE:2667), the current Cyclically Adjusted PB Ratio is 0.57 as of Aug. 12, 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 ImageONE Co (TSE:2667) Overvalued in 2026?

Based on GuruFocus' analysis, ImageONE Co stock appears to be overvalued. The current stock price of 円118.00 is trading 63.5% above its estimated GF Value™ of 円72.16. GuruFocus considers ImageONE Co to be Significantly Overvalued.

Key valuation signals for TSE:2667:

  • Cyclically Adjusted PB Ratio: 0.57 (80% below median its 10-year median of 2.88)
  • GF Value™: 円72.16 vs. price of 円118.00 (63.5% above fair value)
  • GF Score™: 43/100 with 3 warning signs
  • Industry Position: 72.5% below the Hardware median (#277 of 1965)

No single metric tells the full story. See the TSE:2667 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ImageONE Co Business Description

Address 1-6-3 Osaki, Shinagawa-ku, Tokyo, JPN, 160-0022
ImageONE Co Ltd is a Japanese firm. It provides digital image information products and services in the fields of personal health, and national security and safety. Its healthcare solutions include a medical system and wearable electrocardiograph. GEO solution includes satellite image, sales of UAV, ground measurement instrument, various image processing software, and analysis service.
43GF Score

Get the complete analysis for TSE:2667

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

円118.00
Price
円72.16
GF Value