Dear Life Co (TSE:3245) Cyclically Adjusted PB Ratio: 2.63 (As of Aug. 08, 2026) — 11% Below Median

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TSE:3245 Dear Life Co Ltd TSE:3245
75 GF Score
Price 円1,089.00
GF Value 円1,345.88
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Dear Life Co Cyclically Adjusted PB Ratio?

Dear Life Co TSE:3245 +1.30% 75 Cyclically Adjusted PB Ratio is 2.63 as of Aug. 08, 2026, which is 11% below its 10-year median of 2.95. GuruFocus rates TSE:3245 with a GF Score™ of 75/100 and a GF Value™ of 円1,345.88 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,412 Real Estate companies, Dear Life Co ranks worse than 88.95% on this metric.

As of today (2026-08-08), Dear Life Co's current share price is 円1089.00. Dear Life Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円414.66. Dear Life Co's Cyclically Adjusted PB Ratio for today is 2.63.

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

TSE:3245' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.3   Med: 2.95   Max: 5.79
Current: 2.59

During the past years, Dear Life Co's highest Cyclically Adjusted PB Ratio was 5.79. The lowest was 2.30. And the median was 2.95.

TSE:3245's Cyclically Adjusted PB Ratio is ranked worse than
88.95% of 1412 companies
in the Real Estate industry
Industry Median: 0.68 vs TSE:3245: 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.

Dear Life Co's adjusted book value per share data for the three months ended in Mar. 2026 was 円646.426. 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414.66 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Dear Life Co  (TSE:3245) 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.


Dear Life Co Cyclically Adjusted PB Ratio Related Terms


Dear Life Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Dear Life 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.

Dear Life Co Cyclically Adjusted PB Ratio Chart

Dear Life 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 2.54 2.38 2.84 2.47 3.05

Dear Life Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 3.06 3.21 3.05 2.80 2.50

TSE:3245 vs CBRE, BEKE, JLL: Cyclically Adjusted PB Ratio Comparison

For the Real Estate Services subindustry, Dear Life 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.


Dear Life Co Cyclically Adjusted PB Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Dear Life Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TSE:3245
75GF Score
Dear Life Co Ltd TSE:3245
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dear Life 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1089.00/414.66
=2.63

* 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.

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

For example, Dear Life 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)
=646.426/112.7000*112.7000
=646.426

Current CPI (Mar. 2026) = 112.7000.

Dear Life Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 160.473 98.100 184.356
201609 174.706 98.000 200.912
201612 168.195 98.400 192.638
201703 176.576 98.100 202.855
201706 187.058 98.500 214.025
201709 222.256 98.800 253.525
201712 212.616 99.400 241.065
201803 221.961 99.200 252.167
201806 236.777 99.200 269.000
201809 307.758 99.900 347.190
201812 281.717 99.700 318.450
201903 285.746 99.700 323.005
201906 296.160 99.800 334.441
201909 335.512 100.100 377.744
201912 311.426 100.500 349.231
202003 314.987 100.300 353.929
202006 325.257 99.900 366.932
202009 355.098 99.900 400.596
202012 335.322 99.300 380.572
202103 337.471 99.900 380.711
202106 350.758 99.500 397.291
202109 402.930 100.100 453.648
202112 383.081 100.100 431.301
202203 418.209 101.100 466.193
202206 443.699 101.800 491.207
202209 484.523 103.100 529.639
202212 444.913 104.100 481.669
202303 459.653 104.400 496.196
202306 478.858 105.200 512.997
202309 544.541 106.200 577.870
202312 505.611 106.800 533.543
202403 505.748 107.200 531.696
202406 517.782 108.200 539.316
202409 568.576 108.900 588.416
202412 537.503 110.700 547.214
202503 555.323 111.100 563.320
202506 570.949 111.700 576.060
202509 645.610 112.000 649.645
202512 631.082 113.000 629.407
202603 646.426 112.700 646.426

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 2.63 mean?
Dear Life Co (TSE:3245) has a Cyclically Adjusted PB Ratio of 2.63 as of Aug. 08, 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 Dear Life Co and its competitors. This is 11% below median its historical median of 2.95. Over the past decade, Dear Life Co's Cyclically Adjusted PB Ratio has ranged from 2.30 to 5.79. According to the industry distribution chart, Dear Life Co ranks #1256 out of 1412 companies in the Real Estate industry, placing it in the top 89%.
Is Dear Life Co's Cyclically Adjusted PB Ratio too high?
Dear Life Co's current Cyclically Adjusted PB Ratio of 2.63 is 11% below median its 10-year median of 2.95. Over the past 10 years, this metric has ranged from a low of 2.30 to a high of 5.79. The Real Estate industry median Cyclically Adjusted PB Ratio is 0.68. Dear Life Co's value of 2.63 is 286.8% above this industry median. Based on the distribution chart, Dear Life Co ranks #1256 out of 1412 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Dear Life Co has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Dear Life Co's Cyclically Adjusted PB Ratio compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Dear Life Co ranks #1256 out of 1412 companies for Cyclically Adjusted PB Ratio. This places Dear Life Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.68. Dear Life Co's value of 2.63 is 286.8% above this benchmark. Historically, Dear Life Co's own Cyclically Adjusted PB Ratio has ranged from 2.30 to 5.79 over the past decade. While the company's 10-year median is 2.95 vs. the industry median of 0.68, Dear Life 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 Real Estate company?
The median Cyclically Adjusted PB Ratio among Real Estate companies is 0.68, based on 1,412 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. Dear Life Co's current Cyclically Adjusted PB Ratio of 2.63 is 286.8% 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 Dear Life Co and its competitors. For the Real Estate industry, the median Cyclically Adjusted PB Ratio is 0.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dear Life Co's current Cyclically Adjusted PB Ratio is 2.63, which is 11% below median its own 10-year median of 2.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dear Life Co stock overvalued right now?
Based on GuruFocus' analysis, Dear Life Co (TSE:3245) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,345.88, compared to a current price of 円1,089.00 — trading 19.1% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.63, which is 11% below median its 10-year median of 2.95 and 286.8% above the Real Estate industry median of 0.68. Dear Life Co's overall GF Score™ is 75/100 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 Dear Life Co (TSE:3245), the current Cyclically Adjusted PB Ratio is 2.63 as of Aug. 08, 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 Dear Life Co (TSE:3245) Overvalued in 2026?

Based on GuruFocus' analysis, Dear Life Co stock appears to be undervalued. The current stock price of 円1,089.00 is trading 19.1% below its estimated GF Value™ of 円1,345.88. GuruFocus considers Dear Life Co to be Modestly Undervalued.

Key valuation signals for TSE:3245:

  • Cyclically Adjusted PB Ratio: 2.63 (11% below median its 10-year median of 2.95)
  • GF Value™: 円1,345.88 vs. price of 円1,089.00 (19.1% below fair value)
  • GF Score™: 75/100 with 4 warning signs
  • Industry Position: 286.8% above the Real Estate median (#1256 of 1412)

No single metric tells the full story. See the TSE:3245 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Dear Life Co Business Description

Address 2F Hulic Kudan Building, Tokyo, JPN, 102-0073
Dear Life Co Ltd is engaged in the real estate business and sales promotion business.
75GF Score

Get the complete analysis for TSE:3245

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

円1,089.00
Price
円1,345.88
GF Value