J.S.B.Co (TSE:3480) Cyclically Adjusted PB Ratio: 7.68 (As of Aug. 07, 2026) — 144% Above Median

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TSE:3480 J.S.B.Co Ltd TSE:3480
67 GF Score
Price 円8,970.00
GF Value 円3,591.84
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is J.S.B.Co Cyclically Adjusted PB Ratio?

J.S.B.Co TSE:3480 -0.11% 67 Cyclically Adjusted PB Ratio is 7.68 as of Aug. 07, 2026, which is 144% above its 10-year median of 3.15. GuruFocus rates TSE:3480 with a GF Score™ of 67/100 and a GF Value™ of 円3,591.84 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,412 Real Estate companies, J.S.B.Co ranks worse than 97.52% on this metric.

As of today (2026-08-07), J.S.B.Co's current share price is 円8970.00. J.S.B.Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Oct25 was 円1,167.64. J.S.B.Co's Cyclically Adjusted PB Ratio for today is 7.68.

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

TSE:3480' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.67   Med: 3.15   Max: 7.69
Current: 7.69

During the past 11 years, J.S.B.Co's highest Cyclically Adjusted PB Ratio was 7.69. The lowest was 2.67. And the median was 3.15.

TSE:3480's Cyclically Adjusted PB Ratio is ranked worse than
97.52% of 1412 companies
in the Real Estate industry
Industry Median: 0.68 vs TSE:3480: 7.69

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.

J.S.B.Co's adjusted book value per share data of for the fiscal year that ended in Oct25 was 円1,976.139. 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1,167.64 for the trailing ten years ended in Oct25.

Shiller PE for Stocks: The True Measure of Stock Valuation


J.S.B.Co  (TSE:3480) 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.


J.S.B.Co Cyclically Adjusted PB Ratio Related Terms


J.S.B.Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for J.S.B.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.

J.S.B.Co Cyclically Adjusted PB Ratio Chart

J.S.B.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 0.00 0.00 2.79 3.12

J.S.B.Co Quarterly Data
Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Oct24 Apr25 Jul25 Oct25 Jan26 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 0.00 0.00 3.12 0.00 0.00

J.S.B.Co Cyclically Adjusted PB Ratio Competitor Comparison

For the Real Estate - Diversified subindustry, J.S.B.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.


J.S.B.Co Cyclically Adjusted PB Ratio vs Real Estate Industry

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

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


TSE:3480
67GF Score
J.S.B.Co Ltd TSE:3480
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

J.S.B.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.

J.S.B.Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=8970.00/1167.64
=7.68

* 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.

J.S.B.Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Oct25 is calculated as:

For example, J.S.B.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)
=1976.139/112.8000*112.8000
=1,976.139

Current CPI (Oct25) = 112.8000.

J.S.B.Co Annual Data

Book Value per Share CPI Adj_Book
201610 370.928 98.600 424.348
201710 524.283 98.800 598.574
201810 671.011 100.200 755.390
201910 771.357 100.400 866.624
202010 895.117 99.800 1,011.715
202110 1,102.621 99.900 1,245.001
202210 1,277.319 103.700 1,389.408
202310 1,479.659 107.100 1,558.408
202410 1,796.675 109.500 1,850.821
202510 1,976.139 112.800 1,976.139

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 7.68 mean?
J.S.B.Co (TSE:3480) has a Cyclically Adjusted PB Ratio of 7.68 as of Aug. 07, 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 J.S.B.Co and its competitors. This is 144% above median its historical median of 3.15. Over the past decade, J.S.B.Co's Cyclically Adjusted PB Ratio has ranged from 2.67 to 7.69. According to the industry distribution chart, J.S.B.Co ranks #1377 out of 1412 companies in the Real Estate industry, placing it in the top 97.5%.
Is J.S.B.Co's Cyclically Adjusted PB Ratio too high?
J.S.B.Co's current Cyclically Adjusted PB Ratio of 7.68 is 144% above median its 10-year median of 3.15. Over the past 10 years, this metric has ranged from a low of 2.67 to a high of 7.69. The Real Estate industry median Cyclically Adjusted PB Ratio is 0.68. J.S.B.Co's value of 7.68 is 1029.4% above this industry median. Based on the distribution chart, J.S.B.Co ranks #1377 out of 1412 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, J.S.B.Co has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does J.S.B.Co's Cyclically Adjusted PB Ratio compare to competitors?
According to the Real Estate industry distribution chart, J.S.B.Co ranks #1377 out of 1412 companies for Cyclically Adjusted PB Ratio. This places J.S.B.Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.68. J.S.B.Co's value of 7.68 is 1029.4% above this benchmark. Historically, J.S.B.Co's own Cyclically Adjusted PB Ratio has ranged from 2.67 to 7.69 over the past decade. While the company's 10-year median is 3.15 vs. the industry median of 0.68, J.S.B.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. J.S.B.Co's current Cyclically Adjusted PB Ratio of 7.68 is 1029.4% 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 J.S.B.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. J.S.B.Co's current Cyclically Adjusted PB Ratio is 7.68, which is 144% above median its own 10-year median of 3.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is J.S.B.Co stock overvalued right now?
Based on GuruFocus' analysis, J.S.B.Co (TSE:3480) is currently considered Significantly Overvalued. The stock's GF Value™ is 円3,591.84, compared to a current price of 円8,970.00 — trading 149.7% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 7.68, which is 144% above median its 10-year median of 3.15 and 1029.4% above the Real Estate industry median of 0.68. J.S.B.Co's overall GF Score™ is 67/100 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 J.S.B.Co (TSE:3480), the current Cyclically Adjusted PB Ratio is 7.68 as of Aug. 07, 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 J.S.B.Co (TSE:3480) Overvalued in 2026?

Based on GuruFocus' analysis, J.S.B.Co stock appears to be overvalued. The current stock price of 円8,970.00 is trading 149.7% above its estimated GF Value™ of 円3,591.84. GuruFocus considers J.S.B.Co to be Significantly Overvalued.

Key valuation signals for TSE:3480:

  • Cyclically Adjusted PB Ratio: 7.68 (144% above median its 10-year median of 3.15)
  • GF Value™: 円3,591.84 vs. price of 円8,970.00 (149.7% above fair value)
  • GF Score™: 67/100 with 4 warning signs
  • Industry Position: 1029.4% above the Real Estate median (#1377 of 1412)

No single metric tells the full story. See the TSE:3480 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


J.S.B.Co Business Description

Address 655 Inabado-cho, Shimogyo-ku, Kyoto Prefecture, Kyoto, JPN, 600-8415
J.S.B.Co Ltd is engaged in the real estate rental management business in Japan. The company provides real estate rental and management services and is involved in planning and proposing apartments mainly aimed at students, and handling the renting of buildings after completion. It also provides building maintenance and tenant support services, property management services from asset management companies, and planning and management services for student dormitories from universities and other organizations.
67GF Score

Get the complete analysis for TSE:3480

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

円8,970.00
Price
円3,591.84
GF Value