Generation Pass Co (TSE:3195) Cyclically Adjusted PB Ratio: 2.59 (As of Aug. 17, 2026) — 58% Above Median

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TSE:3195 Generation Pass Co Ltd TSE:3195
52 GF Score
Price 円597.00
GF Value 円325.21
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Generation Pass Co Cyclically Adjusted PB Ratio?

Generation Pass Co TSE:3195 +3.11% 52 Cyclically Adjusted PB Ratio is 2.59 as of Aug. 17, 2026, which is 58% above its 10-year median of 1.64. GuruFocus rates TSE:3195 with a GF Score™ of 52/100 and a GF Value™ of 円325.21 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 792 Retail - Cyclical companies, Generation Pass Co ranks worse than 74.75% on this metric.

As of today (2026-08-17), Generation Pass Co's current share price is 円597.00. Generation Pass Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Oct25 was 円230.52. Generation Pass Co's Cyclically Adjusted PB Ratio for today is 2.59.

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

TSE:3195' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.1   Med: 1.64   Max: 3.32
Current: 2.59

During the past 13 years, Generation Pass Co's highest Cyclically Adjusted PB Ratio was 3.32. The lowest was 1.10. And the median was 1.64.

TSE:3195's Cyclically Adjusted PB Ratio is ranked worse than
74.75% of 792 companies
in the Retail - Cyclical industry
Industry Median: 1.22 vs TSE:3195: 2.59

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.

Generation Pass Co's adjusted book value per share data of for the fiscal year that ended in Oct25 was 円232.496. 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230.52 for the trailing ten years ended in Oct25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Generation Pass Co  (TSE:3195) 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.


Generation Pass Co Cyclically Adjusted PB Ratio Related Terms


Generation Pass Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Generation Pass 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.

Generation Pass Co Cyclically Adjusted PB Ratio Chart

Generation Pass Co Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 2.28 1.31 1.10 3.04

Generation Pass Co Semi-Annual Data
Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25 Apr26
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 1.31 1.10 1.74 3.04 0.00

TSE:3195 vs AMZN, BABA, PDD: Cyclically Adjusted PB Ratio Comparison

For the Internet Retail subindustry, Generation Pass 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.


Generation Pass Co Cyclically Adjusted PB Ratio vs Retail - Cyclical Industry

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

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


TSE:3195
52GF Score
Generation Pass Co Ltd TSE:3195
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Generation Pass 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=597.00/230.52
=2.59

* 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.

Generation Pass Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Oct25 is calculated as:

For example, Generation Pass Co's adjusted Book Value per Share data for the fiscal year that ended in Oct25 was:

Adj_Book=Book Value per Share/CPI of Oct25 (Change)*Current CPI (Oct25)
=232.496/112.8000*112.8000
=232.496

Current CPI (Oct25) = 112.8000.

Generation Pass Co Annual Data

Book Value per Share CPI Adj_Book
201610 187.803 98.600 214.850
201710 187.293 98.800 213.832
201810 196.130 100.200 220.793
201910 196.321 100.400 220.568
202010 211.644 99.800 239.213
202110 203.430 99.900 229.699
202210 243.578 103.700 264.953
202310 232.163 107.100 244.519
202410 217.724 109.500 224.286
202510 232.496 112.800 232.496

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 2.59 mean?
Generation Pass Co (TSE:3195) has a Cyclically Adjusted PB Ratio of 2.59 as of Aug. 17, 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 Generation Pass Co and its competitors. This is 58% above median its historical median of 1.64. Over the past decade, Generation Pass Co's Cyclically Adjusted PB Ratio has ranged from 1.10 to 3.32. According to the industry distribution chart, Generation Pass Co ranks #592 out of 792 companies in the Retail - Cyclical industry, placing it in the top 74.7%.
Is Generation Pass Co's Cyclically Adjusted PB Ratio too high?
Generation Pass Co's current Cyclically Adjusted PB Ratio of 2.59 is 58% above median its 10-year median of 1.64. Over the past 10 years, this metric has ranged from a low of 1.10 to a high of 3.32. The Retail - Cyclical industry median Cyclically Adjusted PB Ratio is 1.22. Generation Pass Co's value of 2.59 is 112.3% above this industry median. Based on the distribution chart, Generation Pass Co ranks #592 out of 792 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, Generation Pass Co has a GF Score™ of 52/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Generation Pass Co's Cyclically Adjusted PB Ratio compare to AMZN and BABA?
According to the Retail - Cyclical industry distribution chart, Generation Pass Co ranks #592 out of 792 companies for Cyclically Adjusted PB Ratio. This places Generation Pass Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.22. Generation Pass Co's value of 2.59 is 112.3% above this benchmark. Historically, Generation Pass Co's own Cyclically Adjusted PB Ratio has ranged from 1.10 to 3.32 over the past decade. While the company's 10-year median is 1.64 vs. the industry median of 1.22, Generation Pass 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 1.22, based on 792 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. Generation Pass Co's current Cyclically Adjusted PB Ratio of 2.59 is 112.3% 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 Generation Pass Co and its competitors. For the Retail - Cyclical industry, the median Cyclically Adjusted PB Ratio is 1.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Generation Pass Co's current Cyclically Adjusted PB Ratio is 2.59, which is 58% above median its own 10-year median of 1.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Generation Pass Co stock overvalued right now?
Based on GuruFocus' analysis, Generation Pass Co (TSE:3195) is currently considered Significantly Overvalued. The stock's GF Value™ is 円325.21, compared to a current price of 円597.00 — trading 83.6% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.59, which is 58% above median its 10-year median of 1.64 and 112.3% above the Retail - Cyclical industry median of 1.22. Generation Pass Co's overall GF Score™ is 52/100 with 4 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 Generation Pass Co (TSE:3195), the current Cyclically Adjusted PB Ratio is 2.59 as of Aug. 17, 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 Generation Pass Co (TSE:3195) Overvalued in 2026?

Based on GuruFocus' analysis, Generation Pass Co stock appears to be overvalued. The current stock price of 円597.00 is trading 83.6% above its estimated GF Value™ of 円325.21. GuruFocus considers Generation Pass Co to be Significantly Overvalued.

Key valuation signals for TSE:3195:

  • Cyclically Adjusted PB Ratio: 2.59 (58% above median its 10-year median of 1.64)
  • GF Value™: 円325.21 vs. price of 円597.00 (83.6% above fair value)
  • GF Score™: 52/100 with 4 warning signs
  • Industry Position: 112.3% above the Retail - Cyclical median (#592 of 792)

No single metric tells the full story. See the TSE:3195 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Generation Pass Co Business Description

Address 6-12-1 Nishi-Shinjuku, 5th Floor, Nishi-Shinjuku Park West Building, Shinjuku-ku, Tokyo, JPN, 169-0072
Generation Pass Co Ltd provides e-commerce marketing and support services in Japan. The company's operating segments include EC Marketing Business and Product Planning related business. The EC Marketing Business involves collecting and analyzing big data from EC sites operated by the group. The Product Planning related segment is a project that utilizes the product data acquired by the company's EC marketing business, and mainly engages in planning and development of products in collaboration with manufacturers.
52GF Score

Get the complete analysis for TSE:3195

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

円597.00
Price
円325.21
GF Value