Aplix (TSE:3727) Cyclically Adjusted PB Ratio: 1.38 (As of Aug. 14, 2026) — 119% Above Median

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TSE:3727 Aplix Corp TSE:3727
60 GF Score
Price 円146.00
GF Value 円124.30
Valuation Modestly Overvalued
! 1 Warning Sign
View Full Analysis

What is Aplix Cyclically Adjusted PB Ratio?

Aplix TSE:3727 -2.01% 60 Cyclically Adjusted PB Ratio is 1.38 as of Aug. 14, 2026, which is 119% above its 10-year median of 0.63. GuruFocus rates TSE:3727 with a GF Score™ of 60/100 and a GF Value™ of 円124.30 (Modestly Overvalued). The stock has 1 warning sign investors should review. Among 1,552 Software companies, Aplix ranks better than 66.43% on this metric.

As of today (2026-08-14), Aplix's current share price is 円146.00. Aplix's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円105.42. Aplix's Cyclically Adjusted PB Ratio for today is 1.38.

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

TSE:3727' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.21   Med: 0.63   Max: 1.93
Current: 1.38

During the past years, Aplix's highest Cyclically Adjusted PB Ratio was 1.93. The lowest was 0.21. And the median was 0.63.

TSE:3727's Cyclically Adjusted PB Ratio is ranked better than
66.43% of 1552 companies
in the Software industry
Industry Median: 2.315 vs TSE:3727: 1.38

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.

Aplix's adjusted book value per share data for the three months ended in Mar. 2026 was 円102.721. 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105.42 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Aplix  (TSE:3727) 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.


Aplix Cyclically Adjusted PB Ratio Related Terms


Aplix Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Aplix'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.

Aplix Cyclically Adjusted PB Ratio Chart

Aplix 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 0.46 0.58 1.18 1.15 1.49

Aplix 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 1.23 1.31 1.70 1.49 1.80

TSE:3727 vs QH, SHOP, UBER: Cyclically Adjusted PB Ratio Comparison

For the Software - Application subindustry, Aplix'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.


Aplix Cyclically Adjusted PB Ratio vs Software Industry

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

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


TSE:3727
60GF Score
Aplix Corp TSE:3727
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Aplix 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.

Aplix's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=146.00/105.42
=1.38

* 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.

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

For example, Aplix'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)
=102.721/112.7000*112.7000
=102.721

Current CPI (Mar. 2026) = 112.7000.

Aplix Quarterly Data

Book Value per Share CPI Adj_Book
201603 129.616 97.900 149.211
201606 145.530 98.100 167.189
201609 129.634 98.000 149.079
201612 122.777 98.400 140.620
201703 79.689 98.100 91.549
201706 73.918 98.500 84.574
201709 67.347 98.800 76.822
201712 57.892 99.400 65.638
201803 53.483 99.200 60.761
201806 64.067 99.200 72.786
201809 65.595 99.900 74.000
201812 63.765 99.700 72.079
201903 57.762 99.700 65.294
201906 53.163 99.800 60.035
201909 92.495 100.100 104.138
201912 95.300 100.500 106.869
202003 94.350 100.300 106.014
202006 96.670 99.900 109.056
202009 94.797 99.900 106.943
202012 97.632 99.300 110.807
202103 95.965 99.900 108.261
202106 93.308 99.500 105.687
202109 93.428 100.100 105.188
202112 92.515 100.100 104.160
202203 93.596 101.100 104.335
202206 93.330 101.800 103.323
202209 93.682 103.100 102.405
202212 99.522 104.100 107.744
202303 105.320 104.400 113.693
202306 108.240 105.200 115.957
202309 110.853 106.200 117.638
202312 115.062 106.800 121.418
202403 114.618 107.200 120.499
202406 116.601 108.200 121.450
202412 119.255 110.700 121.410
202503 117.380 111.100 119.070
202506 118.731 111.700 119.794
202509 120.530 112.000 121.283
202512 107.689 113.000 107.403
202603 102.721 112.700 102.721

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 1.38 mean?
Aplix (TSE:3727) has a Cyclically Adjusted PB Ratio of 1.38 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 Aplix and its competitors. This is 119% above median its historical median of 0.63. Over the past decade, Aplix's Cyclically Adjusted PB Ratio has ranged from 0.21 to 1.93. According to the industry distribution chart, Aplix ranks #521 out of 1552 companies in the Software industry, placing it in the top 33.6%.
Is Aplix's Cyclically Adjusted PB Ratio too high?
Aplix's current Cyclically Adjusted PB Ratio of 1.38 is 119% above median its 10-year median of 0.63. Over the past 10 years, this metric has ranged from a low of 0.21 to a high of 1.93. The Software industry median Cyclically Adjusted PB Ratio is 2.32. Aplix's value of 1.38 is 40.4% below this industry median. Based on the distribution chart, Aplix ranks #521 out of 1552 companies in the Software industry, which is above the industry midpoint. Overall, Aplix has a GF Score™ of 60/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Aplix's Cyclically Adjusted PB Ratio compare to QH and SHOP?
According to the Software industry distribution chart, Aplix ranks #521 out of 1552 companies for Cyclically Adjusted PB Ratio. This puts Aplix in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.32. Aplix's value of 1.38 is 40.4% below this benchmark. Historically, Aplix's own Cyclically Adjusted PB Ratio has ranged from 0.21 to 1.93 over the past decade. While the company's 10-year median is 0.63 vs. the industry median of 2.32, Aplix 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 a Software company?
The median Cyclically Adjusted PB Ratio among Software companies is 2.32, based on 1,552 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. Aplix's current Cyclically Adjusted PB Ratio of 1.38 is 40.4% 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 Aplix and its competitors. For the Software industry, the median Cyclically Adjusted PB Ratio is 2.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aplix's current Cyclically Adjusted PB Ratio is 1.38, which is 119% above median its own 10-year median of 0.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aplix stock overvalued right now?
Based on GuruFocus' analysis, Aplix (TSE:3727) is currently considered Modestly Overvalued. The stock's GF Value™ is 円124.30, compared to a current price of 円146.00 — trading 17.5% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.38, which is 119% above median its 10-year median of 0.63 and 40.4% below the Software industry median of 2.32. Aplix's overall GF Score™ is 60/100 with 1 warning sign 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 Aplix (TSE:3727), the current Cyclically Adjusted PB Ratio is 1.38 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 Aplix (TSE:3727) Overvalued in 2026?

Based on GuruFocus' analysis, Aplix stock appears to be overvalued. The current stock price of 円146.00 is trading 17.5% above its estimated GF Value™ of 円124.30. GuruFocus considers Aplix to be Modestly Overvalued.

Key valuation signals for TSE:3727:

  • Cyclically Adjusted PB Ratio: 1.38 (119% above median its 10-year median of 0.63)
  • GF Value™: 円124.30 vs. price of 円146.00 (17.5% above fair value)
  • GF Score™: 60/100 with 1 warning sign
  • Industry Position: 40.4% below the Software median (#521 of 1552)

No single metric tells the full story. See the TSE:3727 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Aplix Business Description

Address 2-20-9 Nishiwaseda, Shinjuku-ku, Tokyo, JPN, 169-0051
Aplix Corp is a Japan-based company engaged in the technology business. It specializes in developing technologies that connect various devices to the Internet of Things (IoT), enhancing convenience and quality of life for its customers. The company offers a range of services including stock business solutions and system development, focusing on custom development and support services. The product portfolio includes cloud services, AI-enabled dash cameras, and IoT data communication services, catering to diverse client needs. The company aims to provide reliable solutions for sectors such as manufacturing, mobility, smart homes, healthcare, and infrastructure.
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Get the complete analysis for TSE:3727

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

円146.00
Price
円124.30
GF Value