FreeBit Co (TSE:3843) Cyclically Adjusted PB Ratio: 3.53 (As of Aug. 14, 2026) — 28% Above Median

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TSE:3843 FreeBit Co Ltd TSE:3843
74 GF Score
Price 円1,635.00
GF Value 円1,499.01
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is FreeBit Co Cyclically Adjusted PB Ratio?

FreeBit Co TSE:3843 +0.99% 74 Cyclically Adjusted PB Ratio is 3.53 as of Aug. 14, 2026, which is 28% above its 10-year median of 2.75. GuruFocus rates TSE:3843 with a GF Score™ of 74/100 and a GF Value™ of 円1,499.01 (Fairly Valued). The stock has 5 warning signs investors should review. Among 344 Interactive Media companies, FreeBit Co ranks worse than 75.29% on this metric.

As of today (2026-08-14), FreeBit Co's current share price is 円1635.00. FreeBit Co's Cyclically Adjusted Book per Share for the quarter that ended in Oct. 2025 was 円463.05. FreeBit Co's Cyclically Adjusted PB Ratio for today is 3.53.

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

TSE:3843' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.43   Med: 2.75   Max: 4.03
Current: 3.44

During the past years, FreeBit Co's highest Cyclically Adjusted PB Ratio was 4.03. The lowest was 1.43. And the median was 2.75.

TSE:3843's Cyclically Adjusted PB Ratio is ranked worse than
75.29% of 344 companies
in the Interactive Media industry
Industry Median: 1.505 vs TSE:3843: 3.44

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.

FreeBit Co's adjusted book value per share data for the three months ended in Oct. 2025 was 円365.608. 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463.05 for the trailing ten years ended in Oct. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


FreeBit Co  (TSE:3843) 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.


FreeBit Co Cyclically Adjusted PB Ratio Related Terms


FreeBit Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for FreeBit Co'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.

FreeBit Co Cyclically Adjusted PB Ratio Chart

FreeBit Co 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 2.37 2.21 3.74 3.27 3.28

FreeBit Co Quarterly Data
Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Oct24 Apr25 Jul25 Oct25
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 3.27 2.80 3.28 3.26 3.43

TSE:3843 vs GOOGL, META, SPOT: Cyclically Adjusted PB Ratio Comparison

For the Internet Content & Information subindustry, FreeBit Co'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.


FreeBit Co Cyclically Adjusted PB Ratio vs Interactive Media Industry

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

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


TSE:3843
74GF Score
FreeBit Co Ltd TSE:3843
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

FreeBit Co 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.

FreeBit Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1635.00/463.05
=3.53

* 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.

FreeBit Co's Cyclically Adjusted Book per Share for the quarter that ended in Oct. 2025 is calculated as:

For example, FreeBit Co's adjusted Book Value per Share data for the three months ended in Oct. 2025 was:

Adj_Book=Book Value per Share/CPI of Oct. 2025 (Change)*Current CPI (Oct. 2025)
=365.608/112.8000*112.8000
=365.608

Current CPI (Oct. 2025) = 112.8000.

FreeBit Co Quarterly Data

Book Value per Share CPI Adj_Book
201507 435.481 98.300 499.718
201510 427.363 98.500 489.407
201601 433.021 97.700 499.946
201604 449.375 98.100 516.713
201607 447.327 97.900 515.408
201610 452.437 98.600 517.595
201701 453.017 98.200 520.370
201704 434.774 98.500 497.893
201707 413.769 98.300 474.803
201710 391.123 98.800 446.545
201801 394.794 99.500 447.565
201804 399.959 99.100 455.251
201807 386.148 99.200 439.088
201810 393.250 100.200 442.701
201901 391.939 99.700 443.438
201904 405.735 100.000 457.669
201907 390.055 99.800 440.864
201910 390.764 100.400 439.026
202001 388.098 100.500 435.597
202004 368.335 100.200 414.653
202007 377.833 100.000 426.196
202010 419.037 99.800 473.621
202101 449.684 99.800 508.260
202104 415.157 99.100 472.550
202107 440.341 99.700 498.199
202110 404.059 99.900 456.235
202201 414.390 100.300 466.034
202204 368.752 101.500 409.805
202207 321.051 102.300 354.003
202210 337.715 103.700 367.351
202301 357.428 104.700 385.080
202304 416.754 105.100 447.287
202307 450.885 105.700 481.172
202310 504.400 107.100 531.245
202401 548.877 106.900 579.170
202404 588.976 107.700 616.866
202410 646.223 109.500 665.698
202504 298.462 111.500 301.942
202507 318.724 111.900 321.287
202510 365.608 112.800 365.608

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 3.53 mean?
FreeBit Co (TSE:3843) has a Cyclically Adjusted PB Ratio of 3.53 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 FreeBit Co and its competitors. This is 28% above median its historical median of 2.75. Over the past decade, FreeBit Co's Cyclically Adjusted PB Ratio has ranged from 1.43 to 4.03. According to the industry distribution chart, FreeBit Co ranks #259 out of 344 companies in the Interactive Media industry, placing it in the top 75.3%.
Is FreeBit Co's Cyclically Adjusted PB Ratio too high?
FreeBit Co's current Cyclically Adjusted PB Ratio of 3.53 is 28% above median its 10-year median of 2.75. Over the past 10 years, this metric has ranged from a low of 1.43 to a high of 4.03. The Interactive Media industry median Cyclically Adjusted PB Ratio is 1.51. FreeBit Co's value of 3.53 is 134.6% above this industry median. Based on the distribution chart, FreeBit Co ranks #259 out of 344 companies in the Interactive Media industry, which is in the bottom quartile relative to peers. Overall, FreeBit Co has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does FreeBit Co's Cyclically Adjusted PB Ratio compare to GOOGL and META?
According to the Interactive Media industry distribution chart, FreeBit Co ranks #259 out of 344 companies for Cyclically Adjusted PB Ratio. This places FreeBit Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.51. FreeBit Co's value of 3.53 is 134.6% above this benchmark. Historically, FreeBit Co's own Cyclically Adjusted PB Ratio has ranged from 1.43 to 4.03 over the past decade. While the company's 10-year median is 2.75 vs. the industry median of 1.51, FreeBit Co 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 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. FreeBit Co's current Cyclically Adjusted PB Ratio of 3.53 is 134.6% 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 FreeBit Co 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. FreeBit Co's current Cyclically Adjusted PB Ratio is 3.53, which is 28% above median its own 10-year median of 2.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FreeBit Co stock overvalued right now?
Based on GuruFocus' analysis, FreeBit Co (TSE:3843) is currently considered Fairly Valued. The stock's GF Value™ is 円1,499.01, compared to a current price of 円1,635.00 — trading 9.1% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 3.53, which is 28% above median its 10-year median of 2.75 and 134.6% above the Interactive Media industry median of 1.51. FreeBit Co's overall GF Score™ is 74/100 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 FreeBit Co (TSE:3843), the current Cyclically Adjusted PB Ratio is 3.53 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 FreeBit Co (TSE:3843) Overvalued in 2026?

Based on GuruFocus' analysis, FreeBit Co stock appears to be overvalued. The current stock price of 円1,635.00 is trading 9.1% above its estimated GF Value™ of 円1,499.01. GuruFocus considers FreeBit Co to be Fairly Valued.

Key valuation signals for TSE:3843:

  • Cyclically Adjusted PB Ratio: 3.53 (28% above median its 10-year median of 2.75)
  • GF Value™: 円1,499.01 vs. price of 円1,635.00 (9.1% above fair value)
  • GF Score™: 74/100 with 5 warning signs
  • Industry Position: 134.6% above the Interactive Media median (#259 of 344)

No single metric tells the full story. See the TSE:3843 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


FreeBit Co Business Description

Address 3-6 Maruyamacho, E Space Tower, Shibuya-ku, Tokyo, JPN, 150-0044
FreeBit Co Ltd provides Internet-related services mainly to corporations and individuals, in areas such as development of core Internet technologies and the operation of large-scale systems. The group's reportable segments are 5G infrastructure support business, 5G lifestyle support business, and 5G DX support business for companies and creators. Maximum revenue is generated from the 5G lifestyle support business, which provides mobile communication services for individuals, internet connection services for individuals and collective housing, and company housing management services. The 5G infrastructure support business provides business support services for ISPs, MVNOs (MVNE), and corporations, and the 5G DX support business offers online marketing and ad technology-related services.
74GF Score

Get the complete analysis for TSE:3843

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

円1,635.00
Price
円1,499.01
GF Value