Data Applications Co (TSE:3848) Cyclically Adjusted PB Ratio: 1.28 (As of Aug. 11, 2026) — 28% Below Median

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TSE:3848 Data Applications Co Ltd TSE:3848
64 GF Score
Price 円824.00
GF Value 円1,444.54
Valuation Significantly Undervalued
! 4 Warning Signs
View Full Analysis

What is Data Applications Co Cyclically Adjusted PB Ratio?

Data Applications Co TSE:3848 -0.12% 64 Cyclically Adjusted PB Ratio is 1.28 as of Aug. 11, 2026, which is 28% below its 10-year median of 1.77. GuruFocus rates TSE:3848 with a GF Score™ of 64/100 and a GF Value™ of 円1,444.54 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 1,558 Software companies, Data Applications Co ranks better than 67.65% on this metric.

As of today (2026-08-11), Data Applications Co's current share price is 円824.00. Data Applications Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円643.19. Data Applications Co's Cyclically Adjusted PB Ratio for today is 1.28.

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

TSE:3848' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.17   Med: 1.77   Max: 3.77
Current: 1.28

During the past years, Data Applications Co's highest Cyclically Adjusted PB Ratio was 3.77. The lowest was 1.17. And the median was 1.77.

TSE:3848's Cyclically Adjusted PB Ratio is ranked better than
67.65% of 1558 companies
in the Software industry
Industry Median: 2.31 vs TSE:3848: 1.28

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.

Data Applications Co's adjusted book value per share data for the three months ended in Mar. 2026 was 円755.572. 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643.19 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Data Applications Co  (TSE:3848) 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.


Data Applications Co Cyclically Adjusted PB Ratio Related Terms


Data Applications Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Data Applications 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.

Data Applications Co Cyclically Adjusted PB Ratio Chart

Data Applications Co 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 1.78 1.92 1.91 1.41 1.34

Data Applications Co Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1.41 1.33 1.39 1.40 1.34

TSE:3848 vs QH, SHOP, UBER: Cyclically Adjusted PB Ratio Comparison

For the Software - Application subindustry, Data Applications 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.


Data Applications Co Cyclically Adjusted PB Ratio vs Software Industry

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

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


TSE:3848
64GF Score
Data Applications Co Ltd TSE:3848
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Data Applications 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=824.00/643.19
=1.28

* 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.

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

For example, Data Applications Co'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)
=755.572/112.7000*112.7000
=755.572

Current CPI (Mar. 2026) = 112.7000.

Data Applications Co Quarterly Data

Book Value per Share CPI Adj_Book
201512 384.309 98.100 441.505
201603 364.440 97.900 419.534
201606 373.032 98.100 428.550
201609 392.655 98.000 451.553
201612 402.805 98.400 461.343
201703 427.486 98.100 491.108
201706 440.479 98.500 503.980
201709 461.011 98.800 525.870
201712 475.699 99.400 539.349
201803 496.394 99.200 563.948
201806 498.357 99.200 566.178
201809 516.892 99.900 583.120
201812 528.277 99.700 597.160
201903 562.825 99.700 636.212
201906 552.208 99.800 623.586
201909 560.169 100.100 630.680
201912 576.694 100.500 646.701
202003 589.375 100.300 662.239
202006 562.457 99.900 634.524
202009 574.741 99.900 648.381
202012 584.097 99.300 662.918
202103 607.197 99.900 684.996
202106 603.107 99.500 683.117
202109 621.814 100.100 700.084
202112 641.773 100.100 722.556
202203 628.805 101.100 700.953
202206 621.436 101.800 687.975
202209 650.801 103.100 711.399
202212 670.530 104.100 725.924
202303 651.590 104.400 703.393
202306 678.183 105.200 726.533
202309 719.308 106.200 763.333
202312 753.151 106.800 794.758
202403 743.097 107.200 781.222
202409 727.584 108.900 752.973
202503 769.066 111.100 780.142
202506 768.933 111.700 775.817
202509 775.263 112.000 780.108
202512 780.425 113.000 778.353
202603 755.572 112.700 755.572

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 1.28 mean?
Data Applications Co (TSE:3848) has a Cyclically Adjusted PB Ratio of 1.28 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 Data Applications Co and its competitors. This is 28% below median its historical median of 1.77. Over the past decade, Data Applications Co's Cyclically Adjusted PB Ratio has ranged from 1.17 to 3.77. According to the industry distribution chart, Data Applications Co ranks #504 out of 1558 companies in the Software industry, placing it in the top 32.3%.
Is Data Applications Co's Cyclically Adjusted PB Ratio too high?
Data Applications Co's current Cyclically Adjusted PB Ratio of 1.28 is 28% below median its 10-year median of 1.77. Over the past 10 years, this metric has ranged from a low of 1.17 to a high of 3.77. The Software industry median Cyclically Adjusted PB Ratio is 2.31. Data Applications Co's value of 1.28 is 44.6% below this industry median. Based on the distribution chart, Data Applications Co ranks #504 out of 1558 companies in the Software industry, which is above the industry midpoint. Overall, Data Applications Co has a GF Score™ of 64/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Data Applications Co's Cyclically Adjusted PB Ratio compare to QH and SHOP?
According to the Software industry distribution chart, Data Applications Co ranks #504 out of 1558 companies for Cyclically Adjusted PB Ratio. This puts Data Applications Co in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.31. Data Applications Co's value of 1.28 is 44.6% below this benchmark. Historically, Data Applications Co's own Cyclically Adjusted PB Ratio has ranged from 1.17 to 3.77 over the past decade. While the company's 10-year median is 1.77 vs. the industry median of 2.31, Data Applications Co 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 a Software company?
The median Cyclically Adjusted PB Ratio among Software companies is 2.31, based on 1,558 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. Data Applications Co's current Cyclically Adjusted PB Ratio of 1.28 is 44.6% 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 Data Applications Co and its competitors. For the Software industry, the median Cyclically Adjusted PB Ratio is 2.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Data Applications Co's current Cyclically Adjusted PB Ratio is 1.28, which is 28% below median its own 10-year median of 1.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Data Applications Co stock overvalued right now?
Based on GuruFocus' analysis, Data Applications Co (TSE:3848) is currently considered Significantly Undervalued. The stock's GF Value™ is 円1,444.54, compared to a current price of 円824.00 — trading 43% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.28, which is 28% below median its 10-year median of 1.77 and 44.6% below the Software industry median of 2.31. Data Applications Co's overall GF Score™ is 64/100 with 4 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 Data Applications Co (TSE:3848), the current Cyclically Adjusted PB Ratio is 1.28 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.

Is Data Applications Co (TSE:3848) Overvalued in 2026?

Based on GuruFocus' analysis, Data Applications Co stock appears to be undervalued. The current stock price of 円824.00 is trading 43% below its estimated GF Value™ of 円1,444.54. GuruFocus considers Data Applications Co to be Significantly Undervalued.

Key valuation signals for TSE:3848:

  • Cyclically Adjusted PB Ratio: 1.28 (28% below median its 10-year median of 1.77)
  • GF Value™: 円1,444.54 vs. price of 円824.00 (43% below fair value)
  • GF Score™: 64/100 with 4 warning signs
  • Industry Position: 44.6% below the Software median (#504 of 1558)

No single metric tells the full story. See the TSE:3848 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Data Applications Co Business Description

Address 1-3-8 Nihonbashi Ningyocho, Chuo-ku, Tokyo, JPN, 103-0013
Data Applications Co Ltd is engaged in the product development, sales and consulting of inter company data exchange middleware and in house application cooperation middleware. The solutions offered by the company include Internet EDI, circulating BMS, PSTN migration, data linkage, transition, and conversion.
64GF Score

Get the complete analysis for TSE:3848

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

円824.00
Price
円1,444.54
GF Value