B-Lot Co (TSE:3452) Cyclically Adjusted PB Ratio: 2.65 (As of Jul. 31, 2026) — Near Median

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TSE:3452 B-Lot Co Ltd TSE:3452
70 GF Score
Price 円1,456.00
GF Value 円1,821.61
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is B-Lot Co Cyclically Adjusted PB Ratio?

B-Lot Co TSE:3452 -0.07% 70 Cyclically Adjusted PB Ratio is 2.65 as of Jul. 31, 2026, which is 4% below its 10-year median of 2.76. GuruFocus rates TSE:3452 with a GF Score™ of 70/100 and a GF Value™ of 円1,821.61 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,416 Real Estate companies, B-Lot Co ranks worse than 88.98% on this metric.

As of today (2026-07-31), B-Lot Co's current share price is 円1456.00. B-Lot Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was 円549.51. B-Lot Co's Cyclically Adjusted PB Ratio for today is 2.65.

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

TSE:3452' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.01   Med: 2.76   Max: 3.82
Current: 2.66

During the past years, B-Lot Co's highest Cyclically Adjusted PB Ratio was 3.82. The lowest was 2.01. And the median was 2.76.

TSE:3452's Cyclically Adjusted PB Ratio is ranked worse than
88.98% of 1416 companies
in the Real Estate industry
Industry Median: 0.69 vs TSE:3452: 2.66

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.

B-Lot Co's adjusted book value per share data for the three months ended in Dec. 2025 was 円1,074.855. 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549.51 for the trailing ten years ended in Dec. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


B-Lot Co  (TSE:3452) 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.


B-Lot Co Cyclically Adjusted PB Ratio Related Terms


B-Lot Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for B-Lot 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.

B-Lot Co Cyclically Adjusted PB Ratio Chart

B-Lot 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 2.86 2.67

B-Lot 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 2.99 2.81 3.58 2.67 0.00

TSE:3452 vs CBRE, BEKE, JLL: Cyclically Adjusted PB Ratio Comparison

For the Real Estate Services subindustry, B-Lot 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.


B-Lot Co Cyclically Adjusted PB Ratio vs Real Estate Industry

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

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


TSE:3452
70GF Score
B-Lot Co Ltd TSE:3452
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

B-Lot 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.

B-Lot Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1456.00/549.51
=2.65

* 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.

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

For example, B-Lot 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)
=1074.855/113.0000*113.0000
=1,074.855

Current CPI (Dec. 2025) = 113.0000.

B-Lot Co Quarterly Data

Book Value per Share CPI Adj_Book
201512 156.683 98.100 180.481
201603 161.878 97.900 186.846
201606 170.333 98.100 196.204
201609 166.178 98.000 191.613
201612 183.494 98.400 210.720
201703 183.324 98.100 211.168
201706 199.060 98.500 228.363
201709 196.407 98.800 224.636
201712 260.335 99.400 295.954
201803 267.566 99.200 304.788
201806 269.276 99.200 306.736
201809 274.605 99.900 310.614
201812 379.003 99.700 429.562
201903 418.111 99.700 473.887
201906 412.595 99.800 467.167
201909 406.149 100.100 458.490
201912 510.406 100.500 573.889
202003 471.254 100.300 530.924
202006 468.180 99.900 529.573
202009 484.805 99.900 548.378
202012 499.751 99.300 568.700
202103 499.749 99.900 565.282
202106 508.829 99.500 577.866
202109 501.446 100.100 566.068
202112 543.833 100.100 613.917
202203 553.163 101.100 618.273
202206 563.263 101.800 625.233
202209 577.002 103.100 632.408
202212 616.284 104.100 668.973
202303 639.016 104.400 691.655
202306 685.695 105.200 736.536
202309 729.653 106.200 776.373
202312 768.797 106.800 813.428
202403 748.994 107.200 789.518
202406 841.336 108.200 878.660
202412 917.628 110.700 936.693
202503 895.821 111.100 911.141
202506 998.548 111.700 1,010.169
202509 1,055.128 112.000 1,064.549
202512 1,074.855 113.000 1,074.855

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 2.65 mean?
B-Lot Co (TSE:3452) has a Cyclically Adjusted PB Ratio of 2.65 as of Jul. 31, 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 B-Lot Co and its competitors. This is near median its historical median of 2.76. Over the past decade, B-Lot Co's Cyclically Adjusted PB Ratio has ranged from 2.01 to 3.82. According to the industry distribution chart, B-Lot Co ranks #1260 out of 1416 companies in the Real Estate industry, placing it in the top 89%.
Is B-Lot Co's Cyclically Adjusted PB Ratio too high?
B-Lot Co's current Cyclically Adjusted PB Ratio of 2.65 is near median its 10-year median of 2.76. Over the past 10 years, this metric has ranged from a low of 2.01 to a high of 3.82. The Real Estate industry median Cyclically Adjusted PB Ratio is 0.69. B-Lot Co's value of 2.65 is 284.1% above this industry median. Based on the distribution chart, B-Lot Co ranks #1260 out of 1416 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, B-Lot Co has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does B-Lot Co's Cyclically Adjusted PB Ratio compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, B-Lot Co ranks #1260 out of 1416 companies for Cyclically Adjusted PB Ratio. This places B-Lot Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.69. B-Lot Co's value of 2.65 is 284.1% above this benchmark. Historically, B-Lot Co's own Cyclically Adjusted PB Ratio has ranged from 2.01 to 3.82 over the past decade. While the company's 10-year median is 2.76 vs. the industry median of 0.69, B-Lot 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 0.69, based on 1,416 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. B-Lot Co's current Cyclically Adjusted PB Ratio of 2.65 is 284.1% 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 B-Lot Co and its competitors. For the Real Estate industry, the median Cyclically Adjusted PB Ratio is 0.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. B-Lot Co's current Cyclically Adjusted PB Ratio is 2.65, which is near median its own 10-year median of 2.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is B-Lot Co stock overvalued right now?
Based on GuruFocus' analysis, B-Lot Co (TSE:3452) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,821.61, compared to a current price of 円1,456.00 — trading 20.1% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.65, which is near median its 10-year median of 2.76 and 284.1% above the Real Estate industry median of 0.69. B-Lot Co's overall GF Score™ is 70/100 with 3 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 B-Lot Co (TSE:3452), the current Cyclically Adjusted PB Ratio is 2.65 as of Jul. 31, 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 B-Lot Co (TSE:3452) Overvalued in 2026?

Based on GuruFocus' analysis, B-Lot Co stock appears to be undervalued. The current stock price of 円1,456.00 is trading 20.1% below its estimated GF Value™ of 円1,821.61. GuruFocus considers B-Lot Co to be Modestly Undervalued.

Key valuation signals for TSE:3452:

  • Cyclically Adjusted PB Ratio: 2.65 (near median its 10-year median of 2.76)
  • GF Value™: 円1,821.61 vs. price of 円1,456.00 (20.1% below fair value)
  • GF Score™: 70/100 with 3 warning signs
  • Industry Position: 284.1% above the Real Estate median (#1260 of 1416)

No single metric tells the full story. See the TSE:3452 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


B-Lot Co Business Description

Address 1-11-7 Shimbashi, Minato-ku, Tokyo, JPN, 105-0004
B-Lot Co Ltd provides real estate advisory and finance advisory services. The company is engaged in brokerage, revitalization, property development & management, lease, and fund investment. Its operating segments include Real Estate Investment Development, Real Estate Consulting, and Real Estate Management.
70GF Score

Get the complete analysis for TSE:3452

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

円1,456.00
Price
円1,821.61
GF Value