Zappallas (TSE:3770) Cyclically Adjusted PB Ratio: 0.72 (As of Aug. 11, 2026)

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Director of Data and Quant Analytics at GuruFocus
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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:3770 Zappallas Inc TSE:3770
51 GF Score
Price 円419.00
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What is Zappallas Cyclically Adjusted PB Ratio?

Zappallas TSE:3770 -5.20% 51 Cyclically Adjusted PB Ratio is 0.72 as of Aug. 11, 2026. GuruFocus rates TSE:3770 with a GF Score™ of 51/100.

As of today (2026-08-11), Zappallas's current share price is 円419.00. Zappallas's Cyclically Adjusted Book per Share for the fiscal year that ended in Apr25 was 円581.17. Zappallas's Cyclically Adjusted PB Ratio for today is 0.72.

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

TSE:3770's Cyclically Adjusted PB Ratio is not ranked *
in the Interactive Media industry.
Industry Median: 1.505
* Ranked among companies with meaningful Cyclically Adjusted PB Ratio only.

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.

Zappallas's adjusted book value per share data of for the fiscal year that ended in Apr25 was 円553.145. 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581.17 for the trailing ten years ended in Apr25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Zappallas  (TSE:3770) 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.


Zappallas Cyclically Adjusted PB Ratio Related Terms


Zappallas Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Zappallas'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.

Zappallas Cyclically Adjusted PB Ratio Chart

Zappallas Annual Data
Trend Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.92 0.72 0.61 0.72 0.70

Zappallas Semi-Annual Data
Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25
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 0.61 0.69 0.72 0.60 0.70

TSE:3770 vs GOOGL, META, SPOT: Cyclically Adjusted PB Ratio Comparison

For the Internet Content & Information subindustry, Zappallas'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.


Zappallas Cyclically Adjusted PB Ratio vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Zappallas's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TSE:3770
51GF Score
Zappallas Inc TSE:3770
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Zappallas 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=419.00/581.17
=0.72

* 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.

Zappallas's Cyclically Adjusted Book per Share for the fiscal year that ended in Apr25 is calculated as:

For example, Zappallas's adjusted Book Value per Share data for the fiscal year that ended in Apr25 was:

Adj_Book=Book Value per Share/CPI of Apr25 (Change)*Current CPI (Apr25)
=553.145/111.5000*111.5000
=553.145

Current CPI (Apr25) = 111.5000.

Zappallas Annual Data

Book Value per Share CPI Adj_Book
201604 605.196 98.100 687.863
201704 615.838 98.500 697.116
201804 543.286 99.100 611.265
201904 514.231 100.000 573.368
202004 497.958 100.200 554.115
202104 519.985 99.100 585.049
202204 508.436 101.500 558.528
202304 473.337 105.100 502.161
202404 472.438 107.700 489.107
202504 553.145 111.500 553.145

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 0.72 mean?
Zappallas (TSE:3770) has a Cyclically Adjusted PB Ratio of 0.72 as of Aug. 11, 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 Zappallas and its competitors.
Is Zappallas' Cyclically Adjusted PB Ratio too high?
Zappallas' current Cyclically Adjusted PB Ratio is 0.72. The Interactive Media industry median Cyclically Adjusted PB Ratio is 1.51. Zappallas' value of 0.72 is 52.2% below this industry median. Overall, Zappallas has a GF Score™ of 51/100, reflecting its overall financial health beyond just this single metric.
How does Zappallas' Cyclically Adjusted PB Ratio compare to GOOGL and META?
Zappallas' Cyclically Adjusted PB Ratio of 0.72 can be compared against companies in the Interactive Media industry. The industry median Cyclically Adjusted PB Ratio is 1.51. Zappallas' value of 0.72 is 52.2% below this benchmark. 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 1.51, 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. Zappallas's current Cyclically Adjusted PB Ratio of 0.72 is 52.2% 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 Zappallas and its competitors. For the Interactive Media industry, the median Cyclically Adjusted PB Ratio is 1.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zappallas's current Cyclically Adjusted PB Ratio is 0.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zappallas stock overvalued right now?
Zappallas (TSE:3770) has a current Cyclically Adjusted PB Ratio of 0.72. The current Cyclically Adjusted PB Ratio is 0.72 and 52.2% below the Interactive Media industry median of 1.51. Zappallas' overall GF Score™ is 51/100. 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 Zappallas (TSE:3770), the current Cyclically Adjusted PB Ratio is 0.72 as of Aug. 11, 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.

Zappallas Business Description

Address 3-51-7 Sendagaya, Minato-ku, Tokyo, JPN
Zappallas Inc conducts business by supplying many kinds of services to general consumers and corporations, ranging from digital content to online shopping, mobile advertising, and solutions, in fortune-telling and related fields. The company has diversified its operations into three business divisions, Video streaming, Real-world events, and Divination services.
51GF Score

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

円419.00
Price