Vixton (TSE:3840) Cyclically Adjusted PB Ratio: 1.56 (As of Sep. 14, 2026) — 47% Below Median

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TSE:3840 Vixton Corp TSE:3840
51 GF Score
Price 円61.00
GF Value 円84.78
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Vixton Cyclically Adjusted PB Ratio?

Vixton TSE:3840 -1.61% 51 Cyclically Adjusted PB Ratio is 1.56 as of Sep. 14, 2026, which is 47% below its 10-year median of 2.97. GuruFocus rates TSE:3840 with a GF Score™ of 51/100 and a GF Value™ of 円84.78 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,268 Consumer Packaged Goods companies, Vixton ranks worse than 57.41% on this metric.

As of today (2026-09-14), Vixton's current share price is 円61.00. Vixton's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円39.09. Vixton's Cyclically Adjusted PB Ratio for today is 1.56.

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

TSE:3840' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.29   Med: 2.97   Max: 7.47
Current: 1.56

During the past years, Vixton's highest Cyclically Adjusted PB Ratio was 7.47. The lowest was 1.29. And the median was 2.97.

TSE:3840's Cyclically Adjusted PB Ratio is ranked worse than
57.41% of 1268 companies
in the Consumer Packaged Goods industry
Industry Median: 1.245 vs TSE:3840: 1.56

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.

Vixton's adjusted book value per share data for the three months ended in Mar. 2026 was 円23.051. 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39.09 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Vixton  (TSE:3840) 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.


Vixton Cyclically Adjusted PB Ratio Related Terms


Vixton Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Vixton'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.

Vixton Cyclically Adjusted PB Ratio Chart

Vixton 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 2.02 1.67 4.14 2.33 1.71

Vixton Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 2.56 2.38 1.43 1.71 0.00

TSE:3840 vs CTAS, CPRT, GPN: Cyclically Adjusted PB Ratio Comparison

For the Household & Personal Products subindustry, Vixton'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.


Vixton Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Vixton's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TSE:3840
51GF Score
Vixton Corp TSE:3840
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Vixton 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=61.00/39.09
=1.56

* 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.

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

For example, Vixton'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)
=23.051/112.7000*112.7000
=23.051

Current CPI (Mar. 2026) = 112.7000.

Vixton Quarterly Data

Book Value per Share CPI Adj_Book
201603 78.617 97.900 90.502
201606 76.936 98.100 88.386
201609 67.895 98.000 78.079
201612 64.592 98.400 73.979
201703 26.719 98.100 30.696
201706 32.669 98.500 37.379
201709 32.345 98.800 36.896
201712 35.248 99.400 39.964
201803 61.835 99.200 70.250
201806 61.526 99.200 69.899
201809 61.350 99.900 69.211
201812 61.066 99.700 69.028
201903 53.861 99.700 60.884
201906 51.445 99.800 58.095
201909 50.957 100.100 57.371
201912 38.194 100.500 42.830
202003 26.324 100.300 29.578
202006 21.564 99.900 24.327
202009 17.160 99.900 19.359
202012 21.511 99.300 24.414
202103 21.283 99.900 24.010
202106 23.982 99.500 27.164
202109 20.791 100.100 23.408
202112 17.766 100.100 20.002
202203 12.713 101.100 14.172
202206 21.189 101.800 23.458
202209 21.363 103.100 23.352
202212 21.456 104.100 23.229
202303 21.347 104.400 23.044
202306 20.751 105.200 22.230
202309 20.712 106.200 21.980
202312 21.019 106.800 22.180
202403 21.322 107.200 22.416
202406 22.087 108.200 23.006
202409 22.591 108.900 23.379
202503 33.728 111.100 34.214
202506 34.070 111.700 34.375
202509 32.635 112.000 32.839
202512 30.921 113.000 30.839
202603 23.051 112.700 23.051

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 1.56 mean?
Vixton (TSE:3840) has a Cyclically Adjusted PB Ratio of 1.56 as of Sep. 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 Vixton and its competitors. This is 47% below median its historical median of 2.97. Over the past decade, Vixton's Cyclically Adjusted PB Ratio has ranged from 1.29 to 7.47. According to the industry distribution chart, Vixton ranks #728 out of 1268 companies in the Consumer Packaged Goods industry, placing it in the top 57.4%.
Is Vixton's Cyclically Adjusted PB Ratio too high?
Vixton's current Cyclically Adjusted PB Ratio of 1.56 is 47% below median its 10-year median of 2.97. Over the past 10 years, this metric has ranged from a low of 1.29 to a high of 7.47. The Consumer Packaged Goods industry median Cyclically Adjusted PB Ratio is 1.25. Vixton's value of 1.56 is 25.3% above this industry median. Based on the distribution chart, Vixton ranks #728 out of 1268 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Vixton has a GF Score™ of 51/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Vixton's Cyclically Adjusted PB Ratio compare to CTAS and CPRT?
According to the Consumer Packaged Goods industry distribution chart, Vixton ranks #728 out of 1268 companies for Cyclically Adjusted PB Ratio. This places Vixton in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.25. Vixton's value of 1.56 is 25.3% above this benchmark. Historically, Vixton's own Cyclically Adjusted PB Ratio has ranged from 1.29 to 7.47 over the past decade. While the company's 10-year median is 2.97 vs. the industry median of 1.25, Vixton 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 Consumer Packaged Goods company?
The median Cyclically Adjusted PB Ratio among Consumer Packaged Goods companies is 1.25, based on 1,268 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. Vixton's current Cyclically Adjusted PB Ratio of 1.56 is 25.3% 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 Vixton and its competitors. For the Consumer Packaged Goods industry, the median Cyclically Adjusted PB Ratio is 1.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vixton's current Cyclically Adjusted PB Ratio is 1.56, which is 47% below median its own 10-year median of 2.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vixton stock overvalued right now?
Based on GuruFocus' analysis, Vixton (TSE:3840) is currently considered Modestly Undervalued. The stock's GF Value™ is 円84.78, compared to a current price of 円61.00 — trading 28% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.56, which is 47% below median its 10-year median of 2.97 and 25.3% above the Consumer Packaged Goods industry median of 1.25. Vixton's overall GF Score™ is 51/100 with 3 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 Vixton (TSE:3840), the current Cyclically Adjusted PB Ratio is 1.56 as of Sep. 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 Vixton (TSE:3840) Overvalued in 2026?

Based on GuruFocus' analysis, Vixton stock appears to be undervalued. The current stock price of 円61.00 is trading 28% below its estimated GF Value™ of 円84.78. GuruFocus considers Vixton to be Modestly Undervalued.

Key valuation signals for TSE:3840:

  • Cyclically Adjusted PB Ratio: 1.56 (47% below median its 10-year median of 2.97)
  • GF Value™: 円84.78 vs. price of 円61.00 (28% below fair value)
  • GF Score™: 51/100 with 3 warning signs
  • Industry Position: 25.3% above the Consumer Packaged Goods median (#728 of 1268)

No single metric tells the full story. See the TSE:3840 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Vixton Business Description

Address 6-17-11 Jingumae, JPR Harajuku Building, Shibuya-ku, Tokyo, JPN, 150-0001
PATH Corp is a business service provider. The company offers consulting services which include planning and proposing new businesses using block chain technology, implementing and introducing systems, and procuring means for new business funds, and mail order related business.
51GF Score

Get the complete analysis for TSE:3840

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

円61.00
Price
円84.78
GF Value