Software Service (TSE:3733) Cyclically Adjusted PB Ratio: 2.14 (As of Jul. 30, 2026) — 30% Below Median

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TSE:3733 Software Service Inc TSE:3733
87 GF Score
Price 円11,330.00
GF Value 円16,158.09
Valuation Possible Value Trap
! 1 Warning Sign
View Full Analysis

What is Software Service Cyclically Adjusted PB Ratio?

Software Service TSE:3733 +3.66% 87 Cyclically Adjusted PB Ratio is 2.14 as of Jul. 30, 2026, which is 30% below its 10-year median of 3.06. GuruFocus rates TSE:3733 with a GF Score™ of 87/100 and a GF Value™ of 円16,158.09 (Possible Value Trap). The stock has 1 warning sign investors should review. Among 356 Healthcare Providers & Services companies, Software Service ranks worse than 51.97% on this metric.

As of today (2026-07-30), Software Service's current share price is 円11330.00. Software Service's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2026 was 円5,289.07. Software Service's Cyclically Adjusted PB Ratio for today is 2.14.

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

TSE:3733' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.68   Med: 3.06   Max: 5.2
Current: 1.92

During the past years, Software Service's highest Cyclically Adjusted PB Ratio was 5.20. The lowest was 1.68. And the median was 3.06.

TSE:3733's Cyclically Adjusted PB Ratio is ranked worse than
51.97% of 356 companies
in the Healthcare Providers & Services industry
Industry Median: 1.84 vs TSE:3733: 1.92

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.

Software Service's adjusted book value per share data for the three months ended in Apr. 2026 was 円8,172.163. 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5,289.07 for the trailing ten years ended in Apr. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Software Service  (TSE:3733) 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.


Software Service Cyclically Adjusted PB Ratio Related Terms


Software Service Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Software Service'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.

Software Service Cyclically Adjusted PB Ratio Chart

Software Service 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 2.44 2.42 2.21 2.90 2.73

Software Service Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 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 2.67 2.82 2.73 2.48 2.13

TSE:3733 vs VEEV, BTSG, HQY: Cyclically Adjusted PB Ratio Comparison

For the Health Information Services subindustry, Software Service'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.


Software Service Cyclically Adjusted PB Ratio vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Software Service's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TSE:3733
87GF Score
Software Service Inc TSE:3733
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Software Service 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.

Software Service's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=11330.00/5289.07
=2.14

* 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.

Software Service's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2026 is calculated as:

For example, Software Service's adjusted Book Value per Share data for the three months ended in Apr. 2026 was:

Adj_Book=Book Value per Share/CPI of Apr. 2026 (Change)*Current CPI (Apr. 2026)
=8172.163/113.0000*113.0000
=8,172.163

Current CPI (Apr. 2026) = 113.0000.

Software Service Quarterly Data

Book Value per Share CPI Adj_Book
201607 2,726.127 97.900 3,146.602
201610 2,788.025 98.600 3,195.201
201701 2,761.372 98.200 3,177.546
201704 2,872.729 98.500 3,295.618
201707 2,932.405 98.300 3,370.923
201710 3,070.912 98.800 3,512.278
201801 3,064.578 99.500 3,480.375
201804 3,247.177 99.100 3,702.634
201807 3,362.694 99.200 3,830.488
201810 3,552.200 100.200 4,005.974
201901 3,484.434 99.700 3,949.258
201904 3,651.342 100.000 4,126.016
201907 3,827.495 99.800 4,333.737
201910 3,928.349 100.400 4,421.349
202001 3,915.599 100.500 4,402.614
202004 4,080.039 100.200 4,601.242
202007 4,149.552 100.000 4,688.994
202010 4,273.021 99.800 4,838.190
202101 4,300.151 99.800 4,868.908
202104 4,466.969 99.100 5,093.517
202107 4,586.990 99.700 5,198.895
202110 4,751.631 99.900 5,374.718
202201 4,782.199 100.300 5,387.722
202204 5,009.316 101.500 5,576.874
202207 5,107.005 102.300 5,641.169
202210 5,214.483 103.700 5,682.127
202301 5,284.937 104.700 5,703.896
202304 5,591.518 105.100 6,011.813
202307 5,777.596 105.700 6,176.616
202310 6,052.219 107.100 6,385.628
202401 6,267.108 106.900 6,624.726
202404 6,633.436 107.700 6,959.872
202407 6,758.634 108.600 7,032.464
202410 6,964.252 109.500 7,186.854
202501 7,066.526 111.200 7,180.912
202504 7,395.415 111.500 7,494.905
202507 7,615.091 111.900 7,689.949
202510 8,002.865 112.800 8,017.054
202601 8,015.855 112.900 8,022.955
202604 8,172.163 113.000 8,172.163

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 2.14 mean?
Software Service (TSE:3733) has a Cyclically Adjusted PB Ratio of 2.14 as of Jul. 30, 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 Software Service and its competitors. This is 30% below median its historical median of 3.06. Over the past decade, Software Service's Cyclically Adjusted PB Ratio has ranged from 1.68 to 5.20. According to the industry distribution chart, Software Service ranks #185 out of 356 companies in the Healthcare Providers & Services industry, placing it in the top 52%.
Is Software Service's Cyclically Adjusted PB Ratio too high?
Software Service's current Cyclically Adjusted PB Ratio of 2.14 is 30% below median its 10-year median of 3.06. Over the past 10 years, this metric has ranged from a low of 1.68 to a high of 5.20. The Healthcare Providers & Services industry median Cyclically Adjusted PB Ratio is 1.84. Software Service's value of 2.14 is 16.3% above this industry median. Based on the distribution chart, Software Service ranks #185 out of 356 companies in the Healthcare Providers & Services industry, which is below the industry midpoint. Overall, Software Service has a GF Score™ of 87/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Software Service's Cyclically Adjusted PB Ratio compare to VEEV and BTSG?
According to the Healthcare Providers & Services industry distribution chart, Software Service ranks #185 out of 356 companies for Cyclically Adjusted PB Ratio. This places Software Service in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.84. Software Service's value of 2.14 is 16.3% above this benchmark. Historically, Software Service's own Cyclically Adjusted PB Ratio has ranged from 1.68 to 5.20 over the past decade. While the company's 10-year median is 3.06 vs. the industry median of 1.84, Software Service 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 Healthcare Providers & Services company?
The median Cyclically Adjusted PB Ratio among Healthcare Providers & Services companies is 1.84, based on 356 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. Software Service's current Cyclically Adjusted PB Ratio of 2.14 is 16.3% 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 Software Service and its competitors. For the Healthcare Providers & Services industry, the median Cyclically Adjusted PB Ratio is 1.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Software Service's current Cyclically Adjusted PB Ratio is 2.14, which is 30% below median its own 10-year median of 3.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Software Service stock overvalued right now?
Based on GuruFocus' analysis, Software Service (TSE:3733) is currently considered Possible Value Trap. The stock's GF Value™ is 円16,158.09, compared to a current price of 円11,330.00 — trading 29.9% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.14, which is 30% below median its 10-year median of 3.06 and 16.3% above the Healthcare Providers & Services industry median of 1.84. Software Service's overall GF Score™ is 87/100 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 Software Service (TSE:3733), the current Cyclically Adjusted PB Ratio is 2.14 as of Jul. 30, 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 Software Service (TSE:3733) Overvalued in 2026?

Based on GuruFocus' analysis, Software Service stock appears to be undervalued. The current stock price of 円11,330.00 is trading 29.9% below its estimated GF Value™ of 円16,158.09. GuruFocus considers Software Service to be Possible Value Trap.

Key valuation signals for TSE:3733:

  • Cyclically Adjusted PB Ratio: 2.14 (30% below median its 10-year median of 3.06)
  • GF Value™: 円16,158.09 vs. price of 円11,330.00 (29.9% below fair value)
  • GF Score™: 87/100 with 1 warning sign
  • Industry Position: 16.3% above the Healthcare Providers & Services median (#185 of 356)

No single metric tells the full story. See the TSE:3733 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Software Service Business Description

Address 4-2-30, Miyahara, Osaka, JPN
Software Service Inc installs, develops and sells Electric Medical Record System, Hospital Total Ordering System, and nursing support system. The product line includes - Anesthesia recording system, Dialysis management system, Infection control system, Bacterial test system, Personnel payroll system, Visiting system for nursing, In-home medical care, Office-based care system, Hospital entrance care system, among others.
87GF Score

Get the complete analysis for TSE:3733

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

円11,330.00
Price
円16,158.09
GF Value