Fujisan Magazine Service Co (TSE:3138) Cyclically Adjusted PB Ratio: 2.15 (As of Aug. 09, 2026) — 10% Above Median

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TSE:3138 Fujisan Magazine Service Co Ltd TSE:3138
63 GF Score
Price 円1,138.00
GF Value 円704.48
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Fujisan Magazine Service Co Cyclically Adjusted PB Ratio?

Fujisan Magazine Service Co TSE:3138 +2.06% 63 Cyclically Adjusted PB Ratio is 2.15 as of Aug. 09, 2026, which is 10% above its 10-year median of 1.96. GuruFocus rates TSE:3138 with a GF Score™ of 63/100 and a GF Value™ of 円704.48 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 803 Retail - Cyclical companies, Fujisan Magazine Service Co ranks worse than 68.37% on this metric.

As of today (2026-08-09), Fujisan Magazine Service Co's current share price is 円1138.00. Fujisan Magazine Service Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was 円529.56. Fujisan Magazine Service Co's Cyclically Adjusted PB Ratio for today is 2.15.

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

TSE:3138' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.26   Med: 1.96   Max: 2.22
Current: 2.15

During the past years, Fujisan Magazine Service Co's highest Cyclically Adjusted PB Ratio was 2.22. The lowest was 1.26. And the median was 1.96.

TSE:3138's Cyclically Adjusted PB Ratio is ranked worse than
68.37% of 803 companies
in the Retail - Cyclical industry
Industry Median: 1.24 vs TSE:3138: 2.15

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.

Fujisan Magazine Service Co's adjusted book value per share data for the three months ended in Dec. 2025 was 円730.419. 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529.56 for the trailing ten years ended in Dec. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fujisan Magazine Service Co  (TSE:3138) 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.


Fujisan Magazine Service Co Cyclically Adjusted PB Ratio Related Terms


Fujisan Magazine Service Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Fujisan Magazine Service 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.

Fujisan Magazine Service Co Cyclically Adjusted PB Ratio Chart

Fujisan Magazine Service 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 0.00 0.00 0.00 1.41 1.69

Fujisan Magazine Service 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 1.35 1.84 2.03 1.69 0.00

TSE:3138 vs AMZN, BABA, PDD: Cyclically Adjusted PB Ratio Comparison

For the Internet Retail subindustry, Fujisan Magazine Service 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.


Fujisan Magazine Service Co Cyclically Adjusted PB Ratio vs Retail - Cyclical Industry

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

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


TSE:3138
63GF Score
Fujisan Magazine Service Co Ltd TSE:3138
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fujisan Magazine Service 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.

Fujisan Magazine Service Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1138.00/529.56
=2.15

* 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.

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

For example, Fujisan Magazine Service 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)
=730.419/113.0000*113.0000
=730.419

Current CPI (Dec. 2025) = 113.0000.

Fujisan Magazine Service Co Quarterly Data

Book Value per Share CPI Adj_Book
201512 223.013 98.100 256.886
201603 245.703 97.900 283.600
201606 270.069 98.100 311.089
201609 284.249 98.000 327.757
201612 306.982 98.400 352.530
201703 230.851 98.100 265.914
201706 249.834 98.500 286.612
201709 261.566 98.800 299.159
201712 299.648 99.400 340.646
201803 315.300 99.200 359.162
201806 327.337 99.200 372.874
201809 334.425 99.900 378.279
201812 358.235 99.700 406.024
201903 366.294 99.700 415.158
201906 378.907 99.800 429.023
201909 391.151 100.100 441.559
201912 411.741 100.500 462.953
202003 432.984 100.300 487.808
202006 443.750 99.900 501.939
202009 462.280 99.900 522.899
202012 470.632 99.300 535.563
202103 492.895 99.900 557.529
202106 514.915 99.500 584.778
202109 539.540 100.100 609.071
202112 572.289 100.100 646.041
202203 599.356 101.100 669.903
202206 614.997 101.800 682.659
202209 629.333 103.100 689.764
202212 656.432 104.100 712.553
202303 650.178 104.400 703.737
202306 672.150 105.200 721.986
202309 687.211 106.200 731.213
202312 696.271 106.800 736.691
202403 695.691 107.200 733.331
202406 709.556 108.200 741.034
202412 722.429 110.700 737.439
202503 708.472 111.100 720.588
202506 712.747 111.700 721.042
202509 708.747 112.000 715.075
202512 730.419 113.000 730.419

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 2.15 mean?
Fujisan Magazine Service Co (TSE:3138) has a Cyclically Adjusted PB Ratio of 2.15 as of Aug. 09, 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 Fujisan Magazine Service Co and its competitors. This is 10% above median its historical median of 1.96. Over the past decade, Fujisan Magazine Service Co's Cyclically Adjusted PB Ratio has ranged from 1.26 to 2.22. According to the industry distribution chart, Fujisan Magazine Service Co ranks #549 out of 803 companies in the Retail - Cyclical industry, placing it in the top 68.4%.
Is Fujisan Magazine Service Co's Cyclically Adjusted PB Ratio too high?
Fujisan Magazine Service Co's current Cyclically Adjusted PB Ratio of 2.15 is 10% above median its 10-year median of 1.96. Over the past 10 years, this metric has ranged from a low of 1.26 to a high of 2.22. The Retail - Cyclical industry median Cyclically Adjusted PB Ratio is 1.24. Fujisan Magazine Service Co's value of 2.15 is 73.4% above this industry median. Based on the distribution chart, Fujisan Magazine Service Co ranks #549 out of 803 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, Fujisan Magazine Service Co has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Fujisan Magazine Service Co's Cyclically Adjusted PB Ratio compare to AMZN and BABA?
According to the Retail - Cyclical industry distribution chart, Fujisan Magazine Service Co ranks #549 out of 803 companies for Cyclically Adjusted PB Ratio. This places Fujisan Magazine Service Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.24. Fujisan Magazine Service Co's value of 2.15 is 73.4% above this benchmark. Historically, Fujisan Magazine Service Co's own Cyclically Adjusted PB Ratio has ranged from 1.26 to 2.22 over the past decade. While the company's 10-year median is 1.96 vs. the industry median of 1.24, Fujisan Magazine Service 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 803 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. Fujisan Magazine Service Co's current Cyclically Adjusted PB Ratio of 2.15 is 73.4% 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 Fujisan Magazine Service 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. Fujisan Magazine Service Co's current Cyclically Adjusted PB Ratio is 2.15, which is 10% above median its own 10-year median of 1.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fujisan Magazine Service Co stock overvalued right now?
Based on GuruFocus' analysis, Fujisan Magazine Service Co (TSE:3138) is currently considered Significantly Overvalued. The stock's GF Value™ is 円704.48, compared to a current price of 円1,138.00 — trading 61.5% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.15, which is 10% above median its 10-year median of 1.96 and 73.4% above the Retail - Cyclical industry median of 1.24. Fujisan Magazine Service Co's overall GF Score™ is 63/100 with 7 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 Fujisan Magazine Service Co (TSE:3138), the current Cyclically Adjusted PB Ratio is 2.15 as of Aug. 09, 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 Fujisan Magazine Service Co (TSE:3138) Overvalued in 2026?

Based on GuruFocus' analysis, Fujisan Magazine Service Co stock appears to be overvalued. The current stock price of 円1,138.00 is trading 61.5% above its estimated GF Value™ of 円704.48. GuruFocus considers Fujisan Magazine Service Co to be Significantly Overvalued.

Key valuation signals for TSE:3138:

  • Cyclically Adjusted PB Ratio: 2.15 (10% above median its 10-year median of 1.96)
  • GF Value™: 円704.48 vs. price of 円1,138.00 (61.5% above fair value)
  • GF Score™: 63/100 with 7 warning signs
  • Industry Position: 73.4% above the Retail - Cyclical median (#549 of 803)

No single metric tells the full story. See the TSE:3138 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fujisan Magazine Service Co Business Description

Address 16-11 Nanpeidaicho, Shibuya-ku, Tokyo, JPN, 150-0036
Fujisan Magazine Service Co Ltd is engaged in retailing online magazines. The company provides both print and digital magazine sales & subscription services through its website and also offers sales support, packing, and delivery services. It provides magazines related to fashion, health, sports, entertainment, and music.
63GF Score

Get the complete analysis for TSE:3138

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

円1,138.00
Price
円704.48
GF Value