CyberStep Holdings (TSE:3810) Cyclically Adjusted PB Ratio: 0.54 (As of Aug. 14, 2026) — 58% Below Median

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TSE:3810 CyberStep Holdings Inc TSE:3810
38 GF Score
Price 円190.00
GF Value 円49.79
Valuation Significantly Overvalued
! 5 Warning Signs
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What is CyberStep Holdings Cyclically Adjusted PB Ratio?

CyberStep Holdings TSE:3810 +7.34% 38 Cyclically Adjusted PB Ratio is 0.54 as of Aug. 14, 2026, which is 58% below its 10-year median of 1.29. GuruFocus rates TSE:3810 with a GF Score™ of 38/100 and a GF Value™ of 円49.79 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 344 Interactive Media companies, CyberStep Holdings ranks better than 79.65% on this metric.

As of today (2026-08-14), CyberStep Holdings's current share price is 円190.00. CyberStep Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2026 was 円351.60. CyberStep Holdings's Cyclically Adjusted PB Ratio for today is 0.54.

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

TSE:3810' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.42   Med: 1.29   Max: 6.99
Current: 0.53

During the past years, CyberStep Holdings's highest Cyclically Adjusted PB Ratio was 6.99. The lowest was 0.42. And the median was 1.29.

TSE:3810's Cyclically Adjusted PB Ratio is ranked better than
79.65% of 344 companies
in the Interactive Media industry
Industry Median: 1.505 vs TSE:3810: 0.53

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.

CyberStep Holdings's adjusted book value per share data for the three months ended in Feb. 2026 was 円85.824. 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351.60 for the trailing ten years ended in Feb. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


CyberStep Holdings  (TSE:3810) 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.


CyberStep Holdings Cyclically Adjusted PB Ratio Related Terms


CyberStep Holdings Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for CyberStep Holdings'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.

CyberStep Holdings Cyclically Adjusted PB Ratio Chart

CyberStep Holdings Annual Data
Trend May17 May18 May19 May20 May21 May22 May23 May24 May25 May26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.50 1.17 0.70 0.77 0.00

CyberStep Holdings Quarterly Data
Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Nov24 May25 Aug25 Nov25 Feb26 May26
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 0.77 1.12 0.87 0.69 0.00

TSE:3810 vs NTES, EA, TTWO: Cyclically Adjusted PB Ratio Comparison

For the Electronic Gaming & Multimedia subindustry, CyberStep Holdings'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.


CyberStep Holdings Cyclically Adjusted PB Ratio vs Interactive Media Industry

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

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


TSE:3810
38GF Score
CyberStep Holdings Inc TSE:3810
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CyberStep Holdings 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.

CyberStep Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=190.00/351.60
=0.54

* 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.

CyberStep Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2026 is calculated as:

For example, CyberStep Holdings's adjusted Book Value per Share data for the three months ended in Feb. 2026 was:

Adj_Book=Book Value per Share/CPI of Feb. 2026 (Change)*Current CPI (Feb. 2026)
=85.824/112.2000*112.2000
=85.824

Current CPI (Feb. 2026) = 112.2000.

CyberStep Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201511 313.468 98.100 358.523
201602 288.885 97.800 331.420
201605 188.377 98.200 215.233
201608 167.751 97.900 192.254
201611 182.311 98.600 207.457
201702 231.779 98.100 265.093
201705 263.570 98.600 299.924
201708 280.762 98.500 319.812
201711 329.330 99.100 372.864
201802 360.715 99.500 406.756
201805 414.460 99.300 468.302
201808 526.824 99.800 592.281
201811 532.839 100.000 597.845
201902 491.161 99.700 552.741
201905 532.236 100.000 597.169
201908 568.213 100.000 637.535
201911 598.084 100.500 667.712
202002 618.401 100.300 691.771
202005 623.768 100.100 699.169
202008 618.165 100.100 692.888
202011 606.129 99.500 683.494
202102 560.787 99.800 630.464
202105 460.286 99.400 519.558
202108 412.581 99.700 464.309
202111 322.560 100.100 361.551
202202 239.219 100.700 266.538
202205 220.792 101.800 243.348
202208 243.782 102.700 266.332
202211 219.826 103.900 237.387
202302 184.932 104.000 199.513
202305 187.195 105.100 199.841
202308 160.147 105.900 169.674
202311 117.864 106.900 123.708
202402 103.142 106.900 108.256
202405 89.074 108.100 92.452
202411 72.375 110.000 73.823
202505 29.649 111.800 29.755
202508 51.693 112.100 51.739
202511 90.582 113.200 89.782
202602 85.824 112.200 85.824

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 0.54 mean?
CyberStep Holdings (TSE:3810) has a Cyclically Adjusted PB Ratio of 0.54 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 CyberStep Holdings and its competitors. This is 58% below median its historical median of 1.29. Over the past decade, CyberStep Holdings' Cyclically Adjusted PB Ratio has ranged from 0.42 to 6.99. According to the industry distribution chart, CyberStep Holdings ranks #70 out of 344 companies in the Interactive Media industry, placing it in the top 20.3%.
Is CyberStep Holdings' Cyclically Adjusted PB Ratio too high?
CyberStep Holdings' current Cyclically Adjusted PB Ratio of 0.54 is 58% below median its 10-year median of 1.29. Over the past 10 years, this metric has ranged from a low of 0.42 to a high of 6.99. The Interactive Media industry median Cyclically Adjusted PB Ratio is 1.51. CyberStep Holdings' value of 0.54 is 64.1% below this industry median. Based on the distribution chart, CyberStep Holdings ranks #70 out of 344 companies in the Interactive Media industry, which is in the top quartile — a strong position relative to peers. Overall, CyberStep Holdings has a GF Score™ of 38/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CyberStep Holdings' Cyclically Adjusted PB Ratio compare to NTES and EA?
According to the Interactive Media industry distribution chart, CyberStep Holdings ranks #70 out of 344 companies for Cyclically Adjusted PB Ratio. This places CyberStep Holdings in the top 20% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.51. CyberStep Holdings' value of 0.54 is 64.1% below this benchmark. Historically, CyberStep Holdings' own Cyclically Adjusted PB Ratio has ranged from 0.42 to 6.99 over the past decade. While the company's 10-year median is 1.29 vs. the industry median of 1.51, CyberStep Holdings 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 an Interactive Media company?
The median Cyclically Adjusted PB Ratio among Interactive Media companies is 1.51, based on 344 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. CyberStep Holdings's current Cyclically Adjusted PB Ratio of 0.54 is 64.1% 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 CyberStep Holdings 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. CyberStep Holdings's current Cyclically Adjusted PB Ratio is 0.54, which is 58% below median its own 10-year median of 1.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CyberStep Holdings stock overvalued right now?
Based on GuruFocus' analysis, CyberStep Holdings (TSE:3810) is currently considered Significantly Overvalued. The stock's GF Value™ is 円49.79, compared to a current price of 円190.00 — trading 281.6% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.54, which is 58% below median its 10-year median of 1.29 and 64.1% below the Interactive Media industry median of 1.51. CyberStep Holdings' overall GF Score™ is 38/100 with 5 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 CyberStep Holdings (TSE:3810), the current Cyclically Adjusted PB Ratio is 0.54 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 CyberStep Holdings (TSE:3810) Overvalued in 2026?

Based on GuruFocus' analysis, CyberStep Holdings stock appears to be overvalued. The current stock price of 円190.00 is trading 281.6% above its estimated GF Value™ of 円49.79. GuruFocus considers CyberStep Holdings to be Significantly Overvalued.

Key valuation signals for TSE:3810:

  • Cyclically Adjusted PB Ratio: 0.54 (58% below median its 10-year median of 1.29)
  • GF Value™: 円49.79 vs. price of 円190.00 (281.6% above fair value)
  • GF Score™: 38/100 with 5 warning signs
  • Industry Position: 64.1% below the Interactive Media median (#70 of 344)

No single metric tells the full story. See the TSE:3810 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CyberStep Holdings Business Description

Address 4th Floor, Asahi Life Daitabashi Building, 1-22-19 Izumi, Suginami-ku, Tokyo, JPN, 168-0063
CyberStep Holdings Inc is into the development of network entertainment software. The company specializes in research and development of distributed network libraries and 3D graphic engines. Its business activities also focus on Licensing and operation of online game services.
38GF Score

Get the complete analysis for TSE:3810

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

円190.00
Price
円49.79
GF Value