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Medical NetTSE:3645 58 Cyclically Adjusted PB Ratio is 1.34 as of Aug. 07, 2026, which is 44% below its 10-year median of 2.38. GuruFocus rates TSE:3645 with a GF Score™ of 58/100 and a GF Value™ of 円428.62 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 346 Interactive Media companies, Medical Net ranks better than 52.6% on this metric.
The historical rank and industry rank for Medical Net's Cyclically Adjusted PB Ratio or its related term are showing as below:
TSE:3645'
s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.21 Med: 2.38 Max: 6.15
Current: 1.33
During the past years, Medical Net's highest Cyclically Adjusted PB Ratio was 6.15. The lowest was 1.21. And the median was 2.38.
TSE:3645's Cyclically Adjusted PB Ratio is ranked better than 52.6% of 346
companies
in the Interactive Media industry
Industry Median: 1.445
vs TSE:3645: 1.33
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.
Medical Net's adjusted book value per share data for the three months ended in Feb. 2026 was 円214.720. 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182.58 for the trailing ten years ended in Feb. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Medical Net (TSE:3645) 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.
Medical Net Cyclically Adjusted PB Ratio Related Terms
Medical Net Cyclically Adjusted PB Ratio Historical Data
* Premium members only.
The historical data trend for Medical Net'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.
TSE:3645 vs GOOGL, META, SPOT: Cyclically Adjusted PB Ratio Comparison
For the Internet Content & Information subindustry, Medical Net'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.
Medical Net Cyclically Adjusted PB Ratio vs Interactive Media Industry
For the Interactive Media industry and Communication Services sector, Medical Net's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where Medical Net's Cyclically Adjusted PB Ratio falls into.
Medical Net 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.
Medical Net's Cyclically Adjusted PB Ratio for today is calculated as
* 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.
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 1.34 mean?
Medical Net (TSE:3645) has a Cyclically Adjusted PB Ratio of 1.34 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 Medical Net and its competitors. This is 44% below median its historical median of 2.38. Over the past decade, Medical Net's Cyclically Adjusted PB Ratio has ranged from 1.21 to 6.15. According to the industry distribution chart, Medical Net ranks #164 out of 346 companies in the Interactive Media industry, placing it in the top 47.4%.
Is Medical Net's Cyclically Adjusted PB Ratio too high?
Medical Net's current Cyclically Adjusted PB Ratio of 1.34 is 44% below median its 10-year median of 2.38. Over the past 10 years, this metric has ranged from a low of 1.21 to a high of 6.15. The Interactive Media industry median Cyclically Adjusted PB Ratio is 1.45. Medical Net's value of 1.34 is 7.3% below this industry median. Based on the distribution chart, Medical Net ranks #164 out of 346 companies in the Interactive Media industry, which is above the industry midpoint. Overall, Medical Net has a GF Score™ of 58/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Medical Net's Cyclically Adjusted PB Ratio compare to GOOGL and META?
According to the Interactive Media industry distribution chart, Medical Net ranks #164 out of 346 companies for Cyclically Adjusted PB Ratio. This puts Medical Net in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.45. Medical Net's value of 1.34 is 7.3% below this benchmark. Historically, Medical Net's own Cyclically Adjusted PB Ratio has ranged from 1.21 to 6.15 over the past decade. While the company's 10-year median is 2.38 vs. the industry median of 1.45, Medical Net has consistently been below 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 an Interactive Media company?
The median Cyclically Adjusted PB Ratio among Interactive Media companies is 1.45, based on 346 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. Medical Net's current Cyclically Adjusted PB Ratio of 1.34 is 7.3% below 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 Medical Net and its competitors. For the Interactive Media industry, the median Cyclically Adjusted PB Ratio is 1.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Medical Net's current Cyclically Adjusted PB Ratio is 1.34, which is 44% below median its own 10-year median of 2.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Medical Net stock overvalued right now?
Based on GuruFocus' analysis, Medical Net (TSE:3645) is currently considered Significantly Undervalued. The stock's GF Value™ is 円428.62, compared to a current price of 円244.00 — trading 43.1% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.34, which is 44% below median its 10-year median of 2.38 and 7.3% below the Interactive Media industry median of 1.45. Medical Net's overall GF Score™ is 58/100 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 Medical Net (TSE:3645), the current Cyclically Adjusted PB Ratio is 1.34 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 Medical Net (TSE:3645) Overvalued in 2026?
Based on GuruFocus' analysis, Medical Net stock appears to be undervalued.
The current stock price of 円244.00 is trading 43.1% below its estimated GF Value™ of 円428.62.
GuruFocus considers Medical Net to be Significantly Undervalued.
Key valuation signals for TSE:3645:
Cyclically Adjusted PB Ratio: 1.34 (44% below median its 10-year median of 2.38)
GF Value™: 円428.62 vs. price of 円244.00 (43.1% below fair value)
Industry Position: 7.3% below the Interactive Media median (#164 of 346)
No single metric tells the full story. See the TSE:3645 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Medical Net Inc operates as a service-based holding company engaged in various healthcare-related businesses. It manages four main reporting segments: Media Platform, Medical Institution Management Support, Medical BtoB, and Cloud Integration. The Media Platform segment runs specialized portal websites focused on dentistry, beauty, and health. The Medical Institution Management Support segment offers SEO and listing advertisement services, website production and maintenance, and sales and operational support to dental clinics. The Medical BtoB segment manages member-based dental industry portals and provides research and marketing services. The Cloud Integration segment develops and maintains POS systems for retailers, manufacturers, and hospitals, primarily in Thailand.
58GF Score
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