Runsystem Co (TSE:3326) Cyclically Adjusted PB Ratio: 1.32 (As of Aug. 14, 2026) — 120% Above Median

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TSE:3326 Runsystem Co Ltd TSE:3326
45 GF Score
Price 円653.00
GF Value 円367.42
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Runsystem Co Cyclically Adjusted PB Ratio?

Runsystem Co TSE:3326 +0.46% 45 Cyclically Adjusted PB Ratio is 1.32 as of Aug. 14, 2026, which is 120% above its 10-year median of 0.60. GuruFocus rates TSE:3326 with a GF Score™ of 45/100 and a GF Value™ of 円367.42 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 639 Travel & Leisure companies, Runsystem Co ranks worse than 51.96% on this metric.

As of today (2026-08-14), Runsystem Co's current share price is 円653.00. Runsystem Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円495.72. Runsystem Co's Cyclically Adjusted PB Ratio for today is 1.32.

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

TSE:3326' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.43   Med: 0.6   Max: 1.3
Current: 1.3

During the past years, Runsystem Co's highest Cyclically Adjusted PB Ratio was 1.30. The lowest was 0.43. And the median was 0.60.

TSE:3326's Cyclically Adjusted PB Ratio is ranked worse than
51.96% of 639 companies
in the Travel & Leisure industry
Industry Median: 1.2 vs TSE:3326: 1.30

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.

Runsystem Co's adjusted book value per share data for the three months ended in Mar. 2026 was 円75.681. 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495.72 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Runsystem Co  (TSE:3326) 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.


Runsystem Co Cyclically Adjusted PB Ratio Related Terms


Runsystem Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Runsystem 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.

Runsystem Co Cyclically Adjusted PB Ratio Chart

Runsystem Co Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Mar24 Mar25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.56 0.61 0.53 0.68 0.91

Runsystem 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 0.91 1.08 1.20 1.24 1.41

TSE:3326 vs AS, HAS, LTH: Cyclically Adjusted PB Ratio Comparison

For the Leisure subindustry, Runsystem 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.


Runsystem Co Cyclically Adjusted PB Ratio vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Runsystem Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TSE:3326
45GF Score
Runsystem Co Ltd TSE:3326
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Runsystem 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=653.00/495.72
=1.32

* 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.

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

For example, Runsystem 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)
=75.681/112.7000*112.7000
=75.681

Current CPI (Mar. 2026) = 112.7000.

Runsystem Co Quarterly Data

Book Value per Share CPI Adj_Book
201603 1,006.599 97.900 1,158.771
201606 993.022 98.100 1,140.811
201609 1,000.064 98.000 1,150.074
201612 951.187 98.400 1,089.418
201703 962.990 98.100 1,106.310
201706 889.125 98.500 1,017.303
201709 890.637 98.800 1,015.939
201712 887.816 99.400 1,006.608
201803 878.941 99.200 998.555
201806 924.962 99.200 1,050.839
201809 933.162 99.900 1,052.726
201812 936.945 99.700 1,059.114
201903 954.438 99.700 1,078.888
201906 942.101 99.800 1,063.876
201909 968.939 100.100 1,090.903
201912 962.663 100.500 1,079.524
202003 949.527 100.300 1,066.916
202006 475.993 99.900 536.981
202009 300.853 99.900 339.401
202012 164.953 99.300 187.213
202103 47.032 99.900 53.058
202106 49.573 99.500 56.150
202109 2.688 100.100 3.026
202112 -58.212 100.100 -65.539
202203 -120.968 101.100 -134.848
202206 59.555 101.800 65.932
202209 31.688 103.100 34.639
202212 6.708 104.100 7.262
202303 18.056 104.400 19.491
202306 7.396 105.200 7.923
202309 9.993 106.200 10.605
202312 20.154 106.800 21.267
202403 41.519 107.200 43.649
202406 38.021 108.200 39.602
202409 46.920 108.900 48.557
202503 51.733 111.100 52.478
202506 62.874 111.700 63.437
202509 58.190 112.000 58.554
202512 77.983 113.000 77.776
202603 75.681 112.700 75.681

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 1.32 mean?
Runsystem Co (TSE:3326) has a Cyclically Adjusted PB Ratio of 1.32 as of Aug. 14, 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 Runsystem Co and its competitors. This is 120% above median its historical median of 0.60. Over the past decade, Runsystem Co's Cyclically Adjusted PB Ratio has ranged from 0.43 to 1.30. According to the industry distribution chart, Runsystem Co ranks #332 out of 639 companies in the Travel & Leisure industry, placing it in the top 52%.
Is Runsystem Co's Cyclically Adjusted PB Ratio too high?
Runsystem Co's current Cyclically Adjusted PB Ratio of 1.32 is 120% above median its 10-year median of 0.60. Over the past 10 years, this metric has ranged from a low of 0.43 to a high of 1.30. The Travel & Leisure industry median Cyclically Adjusted PB Ratio is 1.20. Runsystem Co's value of 1.32 is 10% above this industry median. Based on the distribution chart, Runsystem Co ranks #332 out of 639 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, Runsystem Co has a GF Score™ of 45/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Runsystem Co's Cyclically Adjusted PB Ratio compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, Runsystem Co ranks #332 out of 639 companies for Cyclically Adjusted PB Ratio. This places Runsystem Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.20. Runsystem Co's value of 1.32 is 10% above this benchmark. Historically, Runsystem Co's own Cyclically Adjusted PB Ratio has ranged from 0.43 to 1.30 over the past decade. While the company's 10-year median is 0.60 vs. the industry median of 1.20, Runsystem 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 Travel & Leisure company?
The median Cyclically Adjusted PB Ratio among Travel & Leisure companies is 1.20, based on 639 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. Runsystem Co's current Cyclically Adjusted PB Ratio of 1.32 is 10% 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 Runsystem Co and its competitors. For the Travel & Leisure industry, the median Cyclically Adjusted PB Ratio is 1.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Runsystem Co's current Cyclically Adjusted PB Ratio is 1.32, which is 120% above median its own 10-year median of 0.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Runsystem Co stock overvalued right now?
Based on GuruFocus' analysis, Runsystem Co (TSE:3326) is currently considered Significantly Overvalued. The stock's GF Value™ is 円367.42, compared to a current price of 円653.00 — trading 77.7% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.32, which is 120% above median its 10-year median of 0.60 and 10% above the Travel & Leisure industry median of 1.20. Runsystem Co's overall GF Score™ is 45/100 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 Runsystem Co (TSE:3326), the current Cyclically Adjusted PB Ratio is 1.32 as of Aug. 14, 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 Runsystem Co (TSE:3326) Overvalued in 2026?

Based on GuruFocus' analysis, Runsystem Co stock appears to be overvalued. The current stock price of 円653.00 is trading 77.7% above its estimated GF Value™ of 円367.42. GuruFocus considers Runsystem Co to be Significantly Overvalued.

Key valuation signals for TSE:3326:

  • Cyclically Adjusted PB Ratio: 1.32 (120% above median its 10-year median of 0.60)
  • GF Value™: 円367.42 vs. price of 円653.00 (77.7% above fair value)
  • GF Score™: 45/100 with 4 warning signs
  • Industry Position: 10% above the Travel & Leisure median (#332 of 639)

No single metric tells the full story. See the TSE:3326 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Runsystem Co Business Description

Address 3F, Aoyagi Ikebukuro, Ikebukuro 2-chome, Toshima-ku, Tokyo, JPN, 171-0014
Runsystem Co Ltd is engaged in store management business, creation of space for self-fun, and real estate business in Japan. The company also offers own space game applications.
45GF Score

Get the complete analysis for TSE:3326

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

円653.00
Price
円367.42
GF Value