Flight Solutions (TSE:3753) Cyclically Adjusted PB Ratio: (As of Sep. 21, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:3753 Flight Solutions Inc TSE:3753
48 GF Score
Price 円212.00
GF Value 円234.22
Valuation Fairly Valued
! 5 Warning Signs
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What is Flight Solutions Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Flight Solutions  (TSE:3753) 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.


Flight Solutions Cyclically Adjusted PB Ratio Related Terms


Flight Solutions Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Flight Solutions'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.

Flight Solutions Cyclically Adjusted PB Ratio Chart

Flight Solutions 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 7.83 7.40 5.21 4.32 2.62

Flight Solutions Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 4.50 3.90 2.86 2.98 2.70

TSE:3753 vs MSFT, PLTR, ORCL: Cyclically Adjusted PB Ratio Comparison

For the Software - Infrastructure subindustry, Flight Solutions'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.


Flight Solutions Cyclically Adjusted PB Ratio vs Software Industry

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

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


TSE:3753
48GF Score
Flight Solutions Inc TSE:3753
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Flight Solutions 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.

Flight Solutions's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Flight Solutions's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=61.124/113.6000*113.6000
=61.124

Current CPI (Jun. 2026) = 113.6000.

Flight Solutions Quarterly Data

Book Value per Share CPI Adj_Book
201609 43.385 98.000 50.291
201612 64.007 98.400 73.894
201703 75.938 98.100 87.936
201706 82.030 98.500 94.605
201709 82.054 98.800 94.345
201712 72.814 99.400 83.216
201803 80.146 99.200 91.780
201806 67.223 99.200 76.981
201809 56.438 99.900 64.178
201812 40.474 99.700 46.117
201903 36.766 99.700 41.892
201906 13.206 99.800 15.032
201909 19.603 100.100 22.247
201912 93.173 100.500 105.318
202003 75.397 100.300 85.395
202006 62.999 99.900 71.639
202009 43.125 99.900 49.039
202012 12.458 99.300 14.252
202103 45.335 99.900 51.552
202106 60.018 99.500 68.523
202109 49.499 100.100 56.175
202112 33.379 100.100 37.881
202203 56.501 101.100 63.487
202206 52.888 101.800 59.018
202209 46.333 103.100 51.052
202212 45.198 104.100 49.323
202303 60.223 104.400 65.530
202306 55.016 105.200 59.409
202309 62.914 106.200 67.298
202312 55.159 106.800 58.671
202403 47.852 107.200 50.709
202406 29.847 108.200 31.337
202409 23.521 108.900 24.536
202412 34.518 110.700 35.422
202503 42.866 111.100 43.831
202506 29.513 111.700 30.015
202509 30.298 112.000 30.731
202512 29.476 113.000 29.633
202603 46.244 112.700 46.613
202606 61.124 113.600 61.124

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.

Is Flight Solutions (TSE:3753) Overvalued in 2026?

Based on GuruFocus' analysis, Flight Solutions stock appears to be undervalued. The current stock price of 円212.00 is trading 9.5% below its estimated GF Value™ of 円234.22. GuruFocus considers Flight Solutions to be Fairly Valued.

Key valuation signals for TSE:3753:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: 円234.22 vs. price of 円212.00 (9.5% below fair value)
  • GF Score™: 48/100 with 5 warning signs

No single metric tells the full story. See the TSE:3753 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Flight Solutions Business Description

Address 4-6-1 Ebisu, Ebisu MF Building, 3rd Floor, Shibuya-ku, Tokyo, JPN, 150-0013
Flight Solutions Inc is engaged in the business of system consulting, application development, system maintenance, and electronic payment solution. The solution offered by the company include cloud integration, robot solution, and EC solution.
48GF Score

Get the complete analysis for TSE:3753

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

円212.00
Price
円234.22
GF Value