MarketEnterprise Co (TSE:3135) Cyclically Adjusted PB Ratio: 4.79 (As of Aug. 12, 2026) — 27% Below Median

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TSE:3135 MarketEnterprise Co Ltd TSE:3135
57 GF Score
Price 円1,116.00
GF Value 円2,193.96
Valuation Possible Value Trap
! 2 Warning Signs
View Full Analysis

What is MarketEnterprise Co Cyclically Adjusted PB Ratio?

MarketEnterprise Co TSE:3135 +1.92% 57 Cyclically Adjusted PB Ratio is 4.79 as of Aug. 12, 2026, which is 27% below its 10-year median of 6.58. GuruFocus rates TSE:3135 with a GF Score™ of 57/100 and a GF Value™ of 円2,193.96 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 801 Retail - Cyclical companies, MarketEnterprise Co ranks worse than 85.89% on this metric.

As of today (2026-08-12), MarketEnterprise Co's current share price is 円1116.00. MarketEnterprise Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was 円232.92. MarketEnterprise Co's Cyclically Adjusted PB Ratio for today is 4.79.

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

TSE:3135' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 4.28   Med: 6.58   Max: 8.27
Current: 4.7

During the past years, MarketEnterprise Co's highest Cyclically Adjusted PB Ratio was 8.27. The lowest was 4.28. And the median was 6.58.

TSE:3135's Cyclically Adjusted PB Ratio is ranked worse than
85.89% of 801 companies
in the Retail - Cyclical industry
Industry Median: 1.24 vs TSE:3135: 4.70

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.

MarketEnterprise Co's adjusted book value per share data for the three months ended in Dec. 2025 was 円216.545. 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232.92 for the trailing ten years ended in Dec. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


MarketEnterprise Co  (TSE:3135) 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.


MarketEnterprise Co Cyclically Adjusted PB Ratio Related Terms


MarketEnterprise Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for MarketEnterprise 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.

MarketEnterprise Co Cyclically Adjusted PB Ratio Chart

MarketEnterprise Co Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 6.58

MarketEnterprise Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24 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 7.08 6.58 8.11 6.57 0.00

TSE:3135 vs AMZN, BABA, PDD: Cyclically Adjusted PB Ratio Comparison

For the Internet Retail subindustry, MarketEnterprise 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.


MarketEnterprise Co Cyclically Adjusted PB Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, MarketEnterprise Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TSE:3135
57GF Score
MarketEnterprise Co Ltd TSE:3135
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MarketEnterprise 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1116.00/232.92
=4.79

* 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.

MarketEnterprise Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 is calculated as:

For example, MarketEnterprise Co's adjusted Book Value per Share data for the three months ended in Dec. 2025 was:

Adj_Book=Book Value per Share/CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=216.545/113.0000*113.0000
=216.545

Current CPI (Dec. 2025) = 113.0000.

MarketEnterprise Co Quarterly Data

Book Value per Share CPI Adj_Book
201512 184.630 98.100 212.673
201603 186.422 97.900 215.176
201606 183.862 98.100 211.788
201609 173.501 98.000 200.057
201612 172.950 98.400 198.611
201703 174.066 98.100 200.504
201706 179.794 98.500 206.261
201709 178.525 98.800 204.183
201712 178.738 99.400 203.193
201803 178.580 99.200 203.423
201806 185.768 99.200 211.611
201809 185.545 99.900 209.876
201812 198.812 99.700 225.334
201903 212.293 99.700 240.613
201906 221.344 99.800 250.620
201909 239.244 100.100 270.076
201912 252.913 100.500 284.370
202003 267.937 100.300 301.863
202006 275.821 99.900 311.990
202009 292.456 99.900 330.806
202012 296.338 99.300 337.222
202103 278.554 99.900 315.081
202106 271.702 99.500 308.566
202109 249.183 100.100 281.295
202112 238.832 100.100 269.611
202203 232.547 101.100 259.919
202206 198.275 101.800 220.089
202209 180.274 103.100 197.585
202212 173.225 104.100 188.035
202303 178.615 104.400 193.328
202306 254.071 105.200 272.909
202309 183.709 106.200 195.472
202312 135.653 106.800 143.528
202403 131.640 107.200 138.762
202406 165.015 108.200 172.335
202412 193.419 110.700 197.438
202503 216.932 111.100 220.642
202506 254.461 111.700 257.422
202509 235.845 112.000 237.951
202512 216.545 113.000 216.545

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 4.79 mean?
MarketEnterprise Co (TSE:3135) has a Cyclically Adjusted PB Ratio of 4.79 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 MarketEnterprise Co and its competitors. This is 27% below median its historical median of 6.58. Over the past decade, MarketEnterprise Co's Cyclically Adjusted PB Ratio has ranged from 4.28 to 8.27. According to the industry distribution chart, MarketEnterprise Co ranks #688 out of 801 companies in the Retail - Cyclical industry, placing it in the top 85.9%.
Is MarketEnterprise Co's Cyclically Adjusted PB Ratio too high?
MarketEnterprise Co's current Cyclically Adjusted PB Ratio of 4.79 is 27% below median its 10-year median of 6.58. Over the past 10 years, this metric has ranged from a low of 4.28 to a high of 8.27. The Retail - Cyclical industry median Cyclically Adjusted PB Ratio is 1.24. MarketEnterprise Co's value of 4.79 is 286.3% above this industry median. Based on the distribution chart, MarketEnterprise Co ranks #688 out of 801 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, MarketEnterprise Co has a GF Score™ of 57/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does MarketEnterprise Co's Cyclically Adjusted PB Ratio compare to AMZN and BABA?
According to the Retail - Cyclical industry distribution chart, MarketEnterprise Co ranks #688 out of 801 companies for Cyclically Adjusted PB Ratio. This places MarketEnterprise Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.24. MarketEnterprise Co's value of 4.79 is 286.3% above this benchmark. Historically, MarketEnterprise Co's own Cyclically Adjusted PB Ratio has ranged from 4.28 to 8.27 over the past decade. While the company's 10-year median is 6.58 vs. the industry median of 1.24, MarketEnterprise Co 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 a Retail - Cyclical company?
The median Cyclically Adjusted PB Ratio among Retail - Cyclical companies is 1.24, based on 801 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. MarketEnterprise Co's current Cyclically Adjusted PB Ratio of 4.79 is 286.3% 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 MarketEnterprise Co and its competitors. For the Retail - Cyclical industry, the median Cyclically Adjusted PB Ratio is 1.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MarketEnterprise Co's current Cyclically Adjusted PB Ratio is 4.79, which is 27% below median its own 10-year median of 6.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MarketEnterprise Co stock overvalued right now?
Based on GuruFocus' analysis, MarketEnterprise Co (TSE:3135) is currently considered Possible Value Trap. The stock's GF Value™ is 円2,193.96, compared to a current price of 円1,116.00 — trading 49.1% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 4.79, which is 27% below median its 10-year median of 6.58 and 286.3% above the Retail - Cyclical industry median of 1.24. MarketEnterprise Co's overall GF Score™ is 57/100 with 2 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 MarketEnterprise Co (TSE:3135), the current Cyclically Adjusted PB Ratio is 4.79 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 MarketEnterprise Co (TSE:3135) Overvalued in 2026?

Based on GuruFocus' analysis, MarketEnterprise Co stock appears to be undervalued. The current stock price of 円1,116.00 is trading 49.1% below its estimated GF Value™ of 円2,193.96. GuruFocus considers MarketEnterprise Co to be Possible Value Trap.

Key valuation signals for TSE:3135:

  • Cyclically Adjusted PB Ratio: 4.79 (27% below median its 10-year median of 6.58)
  • GF Value™: 円2,193.96 vs. price of 円1,116.00 (49.1% below fair value)
  • GF Score™: 57/100 with 2 warning signs
  • Industry Position: 286.3% above the Retail - Cyclical median (#688 of 801)

No single metric tells the full story. See the TSE:3135 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


MarketEnterprise Co Business Description

Address 1-10-6 Ginza, Ginza First Building, 2nd and 3rd Floor, Chuo-ku, Tokyo, JPN, 104-0061
MarketEnterprise Co Ltd is an online platform that enables consumers to purchase or sell reusable goods in Japan. The online reuse segment handles the purchase and sale of reused goods online without physical stores. The media segment supports smart consumption by offering internet-based information to consumers. The mobile communications segment, operated through a subsidiary, provides low-cost and easy-to-use communication services. It generates the majority of its revenue from the online reuse segment.
57GF Score

Get the complete analysis for TSE:3135

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

円1,116.00
Price
円2,193.96
GF Value