Digital Hearts Holdings Co (TSE:3676) Cyclically Adjusted PB Ratio: 2.47 (As of Aug. 06, 2026) — 65% Below Median

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TSE:3676 Digital Hearts Holdings Co Ltd TSE:3676
75 GF Score
Price 円752.00
GF Value 円962.84
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Digital Hearts Holdings Co Cyclically Adjusted PB Ratio?

Digital Hearts Holdings Co TSE:3676 -0.27% 75 Cyclically Adjusted PB Ratio is 2.47 as of Aug. 06, 2026, which is 65% below its 10-year median of 7.11. GuruFocus rates TSE:3676 with a GF Score™ of 75/100 and a GF Value™ of 円962.84 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,565 Software companies, Digital Hearts Holdings Co ranks worse than 52.14% on this metric.

As of today (2026-08-06), Digital Hearts Holdings Co's current share price is 円752.00. Digital Hearts Holdings Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円304.83. Digital Hearts Holdings Co's Cyclically Adjusted PB Ratio for today is 2.47.

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

TSE:3676' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.24   Med: 7.11   Max: 15.86
Current: 2.38

During the past years, Digital Hearts Holdings Co's highest Cyclically Adjusted PB Ratio was 15.86. The lowest was 2.24. And the median was 7.11.

TSE:3676's Cyclically Adjusted PB Ratio is ranked worse than
52.14% of 1565 companies
in the Software industry
Industry Median: 2.24 vs TSE:3676: 2.38

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.

Digital Hearts Holdings Co's adjusted book value per share data for the three months ended in Mar. 2026 was 円431.858. 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304.83 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Digital Hearts Holdings Co  (TSE:3676) 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.


Digital Hearts Holdings Co Cyclically Adjusted PB Ratio Related Terms


Digital Hearts Holdings Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Digital Hearts Holdings 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.

Digital Hearts Holdings Co Cyclically Adjusted PB Ratio Chart

Digital Hearts Holdings Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.72 6.65 3.90 3.58 2.74

Digital Hearts Holdings 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 3.58 3.55 3.37 3.05 2.74

TSE:3676 vs IBM, ACN, FISV: Cyclically Adjusted PB Ratio Comparison

For the Information Technology Services subindustry, Digital Hearts Holdings 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.


Digital Hearts Holdings Co Cyclically Adjusted PB Ratio vs Software Industry

For the Software industry and Technology sector, Digital Hearts Holdings Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TSE:3676
75GF Score
Digital Hearts Holdings Co Ltd TSE:3676
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Digital Hearts Holdings 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.

Digital Hearts Holdings Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=752.00/304.83
=2.47

* 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.

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

For example, Digital Hearts Holdings 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)
=431.858/112.7000*112.7000
=431.858

Current CPI (Mar. 2026) = 112.7000.

Digital Hearts Holdings Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 130.298 98.100 149.690
201609 136.511 98.000 156.988
201612 144.238 98.400 165.199
201703 119.957 98.100 137.810
201706 114.293 98.500 130.770
201709 135.700 98.800 154.791
201712 145.746 99.400 165.247
201803 154.616 99.200 175.657
201806 178.170 99.200 202.417
201809 199.380 99.900 224.926
201812 203.686 99.700 230.245
201903 219.671 99.700 248.314
201906 218.015 99.800 246.195
201909 231.769 100.100 260.943
201912 228.524 100.500 256.265
202003 229.246 100.300 257.587
202006 226.457 99.900 255.473
202009 241.840 99.900 272.827
202012 255.122 99.300 289.549
202103 263.944 99.900 297.763
202106 280.042 99.500 317.193
202109 300.804 100.100 338.667
202112 316.123 100.100 355.915
202203 323.207 101.100 360.291
202206 347.839 101.800 385.083
202209 395.914 103.100 432.779
202212 444.306 104.100 481.011
202303 395.934 104.400 427.412
202306 389.585 105.200 417.360
202309 360.485 106.200 382.549
202312 366.299 106.800 386.535
202403 377.796 107.200 397.179
202406 0.000 108.200 0.000
202409 394.278 108.900 408.036
202412 418.518 110.700 426.079
202503 401.770 111.100 407.556
202506 402.303 111.700 405.905
202509 413.240 112.000 415.823
202512 433.778 113.000 432.626
202603 431.858 112.700 431.858

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 2.47 mean?
Digital Hearts Holdings Co (TSE:3676) has a Cyclically Adjusted PB Ratio of 2.47 as of Aug. 06, 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 Digital Hearts Holdings Co and its competitors. This is 65% below median its historical median of 7.11. Over the past decade, Digital Hearts Holdings Co's Cyclically Adjusted PB Ratio has ranged from 2.24 to 15.86. According to the industry distribution chart, Digital Hearts Holdings Co ranks #816 out of 1565 companies in the Software industry, placing it in the top 52.1%.
Is Digital Hearts Holdings Co's Cyclically Adjusted PB Ratio too high?
Digital Hearts Holdings Co's current Cyclically Adjusted PB Ratio of 2.47 is 65% below median its 10-year median of 7.11. Over the past 10 years, this metric has ranged from a low of 2.24 to a high of 15.86. The Software industry median Cyclically Adjusted PB Ratio is 2.24. Digital Hearts Holdings Co's value of 2.47 is 10.3% above this industry median. Based on the distribution chart, Digital Hearts Holdings Co ranks #816 out of 1565 companies in the Software industry, which is below the industry midpoint. Overall, Digital Hearts Holdings 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 Digital Hearts Holdings Co's Cyclically Adjusted PB Ratio compare to IBM and ACN?
According to the Software industry distribution chart, Digital Hearts Holdings Co ranks #816 out of 1565 companies for Cyclically Adjusted PB Ratio. This places Digital Hearts Holdings Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.24. Digital Hearts Holdings Co's value of 2.47 is 10.3% above this benchmark. Historically, Digital Hearts Holdings Co's own Cyclically Adjusted PB Ratio has ranged from 2.24 to 15.86 over the past decade. While the company's 10-year median is 7.11 vs. the industry median of 2.24, Digital Hearts Holdings 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 Software company?
The median Cyclically Adjusted PB Ratio among Software companies is 2.24, based on 1,565 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. Digital Hearts Holdings Co's current Cyclically Adjusted PB Ratio of 2.47 is 10.3% 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 Digital Hearts Holdings Co and its competitors. For the Software industry, the median Cyclically Adjusted PB Ratio is 2.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Digital Hearts Holdings Co's current Cyclically Adjusted PB Ratio is 2.47, which is 65% below median its own 10-year median of 7.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Digital Hearts Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Digital Hearts Holdings Co (TSE:3676) is currently considered Modestly Undervalued. The stock's GF Value™ is 円962.84, compared to a current price of 円752.00 — trading 21.9% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.47, which is 65% below median its 10-year median of 7.11 and 10.3% above the Software industry median of 2.24. Digital Hearts Holdings Co's overall GF Score™ is 75/100 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 Digital Hearts Holdings Co (TSE:3676), the current Cyclically Adjusted PB Ratio is 2.47 as of Aug. 06, 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 Digital Hearts Holdings Co (TSE:3676) Overvalued in 2026?

Based on GuruFocus' analysis, Digital Hearts Holdings Co stock appears to be undervalued. The current stock price of 円752.00 is trading 21.9% below its estimated GF Value™ of 円962.84. GuruFocus considers Digital Hearts Holdings Co to be Modestly Undervalued.

Key valuation signals for TSE:3676:

  • Cyclically Adjusted PB Ratio: 2.47 (65% below median its 10-year median of 7.11)
  • GF Value™: 円962.84 vs. price of 円752.00 (21.9% below fair value)
  • GF Score™: 75/100 with 3 warning signs
  • Industry Position: 10.3% above the Software median (#816 of 1565)

No single metric tells the full story. See the TSE:3676 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Digital Hearts Holdings Co Business Description

Address 41st Floor, Tokyo Opera City Building, 3-20-2 Nishi-shinjuku, Shinjuku-ku, Tokyo, JPN, 163-1441
Digital Hearts Holdings Co Ltd is a Japan-based company engaged in Entertainment Business and Enterprise Business. Its Entertainment business is involved in Debugging Business, Media Business and Creative Business. Its Enterprise Business is involved in Testing and Monitoring, Security and System Development.
75GF Score

Get the complete analysis for TSE:3676

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

円752.00
Price
円962.84
GF Value