Ntt Data Intramart (TSE:3850) Cyclically Adjusted PB Ratio: 3.52 (As of Aug. 13, 2026) — Near Median

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TSE:3850 Ntt Data Intramart Corp TSE:3850
87 GF Score
Price 円3,275.00
GF Value 円3,423.94
Valuation Fairly Valued
! 2 Warning Signs
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What is Ntt Data Intramart Cyclically Adjusted PB Ratio?

Ntt Data Intramart TSE:3850 -3.39% 87 Cyclically Adjusted PB Ratio is 3.52 as of Aug. 13, 2026, which is 8% above its 10-year median of 3.25. GuruFocus rates TSE:3850 with a GF Score™ of 87/100 and a GF Value™ of 円3,423.94 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,551 Software companies, Ntt Data Intramart ranks worse than 63.83% on this metric.

As of today (2026-08-13), Ntt Data Intramart's current share price is 円3275.00. Ntt Data Intramart's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円929.10. Ntt Data Intramart's Cyclically Adjusted PB Ratio for today is 3.52.

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

TSE:3850' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.87   Med: 3.25   Max: 7.59
Current: 3.52

During the past years, Ntt Data Intramart's highest Cyclically Adjusted PB Ratio was 7.59. The lowest was 1.87. And the median was 3.25.

TSE:3850's Cyclically Adjusted PB Ratio is ranked worse than
63.83% of 1551 companies
in the Software industry
Industry Median: 2.31 vs TSE:3850: 3.52

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.

Ntt Data Intramart's adjusted book value per share data for the three months ended in Mar. 2026 was 円1,206.342. 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929.10 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ntt Data Intramart  (TSE:3850) 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.


Ntt Data Intramart Cyclically Adjusted PB Ratio Related Terms


Ntt Data Intramart Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Ntt Data Intramart'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.

Ntt Data Intramart Cyclically Adjusted PB Ratio Chart

Ntt Data Intramart 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 2.86 2.36 2.30 3.03 3.11

Ntt Data Intramart 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 4.36 4.27 4.05 3.11 0.00

TSE:3850 vs MSFT, ORCL, PLTR: Cyclically Adjusted PB Ratio Comparison

For the Software - Infrastructure subindustry, Ntt Data Intramart'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.


Ntt Data Intramart Cyclically Adjusted PB Ratio vs Software Industry

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

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


TSE:3850
87GF Score
Ntt Data Intramart Corp TSE:3850
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ntt Data Intramart 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.

Ntt Data Intramart's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3275.00/929.10
=3.52

* 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.

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

For example, Ntt Data Intramart'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)
=1206.342/112.7000*112.7000
=1,206.342

Current CPI (Mar. 2026) = 112.7000.

Ntt Data Intramart Quarterly Data

Book Value per Share CPI Adj_Book
201603 588.770 97.900 677.777
201606 576.609 98.100 662.424
201609 591.100 98.000 679.765
201612 598.356 98.400 685.312
201703 650.874 98.100 747.742
201706 646.995 98.500 740.267
201709 674.105 98.800 768.944
201712 680.572 99.400 771.634
201803 725.104 99.200 823.782
201806 723.765 99.200 822.261
201809 741.365 99.900 836.355
201812 761.121 99.700 860.364
201903 806.740 99.700 911.932
201906 812.986 99.800 918.071
201909 846.639 100.100 953.209
201912 780.696 100.500 875.467
202003 829.362 100.300 931.895
202006 790.123 99.900 891.360
202009 796.209 99.900 898.226
202012 790.222 99.300 896.858
202103 826.450 99.900 932.341
202106 837.831 99.500 948.980
202109 878.561 100.100 989.149
202112 908.021 100.100 1,022.317
202203 928.175 101.100 1,034.672
202206 917.632 101.800 1,015.885
202209 950.752 103.100 1,039.280
202212 955.039 104.100 1,033.938
202303 975.356 104.400 1,052.899
202306 935.889 105.200 1,002.611
202309 947.906 106.200 1,005.923
202312 964.693 106.800 1,017.986
202403 1,013.974 107.200 1,065.997
202406 972.496 108.200 1,012.942
202409 1,001.577 108.900 1,036.526
202503 1,051.775 111.100 1,066.922
202506 1,059.793 111.700 1,069.281
202509 1,109.857 112.000 1,116.794
202512 1,147.018 113.000 1,143.973
202603 1,206.342 112.700 1,206.342

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 3.52 mean?
Ntt Data Intramart (TSE:3850) has a Cyclically Adjusted PB Ratio of 3.52 as of Aug. 13, 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 Ntt Data Intramart and its competitors. This is near median its historical median of 3.25. Over the past decade, Ntt Data Intramart's Cyclically Adjusted PB Ratio has ranged from 1.87 to 7.59. According to the industry distribution chart, Ntt Data Intramart ranks #990 out of 1551 companies in the Software industry, placing it in the top 63.8%.
Is Ntt Data Intramart's Cyclically Adjusted PB Ratio too high?
Ntt Data Intramart's current Cyclically Adjusted PB Ratio of 3.52 is near median its 10-year median of 3.25. Over the past 10 years, this metric has ranged from a low of 1.87 to a high of 7.59. The Software industry median Cyclically Adjusted PB Ratio is 2.31. Ntt Data Intramart's value of 3.52 is 52.4% above this industry median. Based on the distribution chart, Ntt Data Intramart ranks #990 out of 1551 companies in the Software industry, which is below the industry midpoint. Overall, Ntt Data Intramart has a GF Score™ of 87/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ntt Data Intramart's Cyclically Adjusted PB Ratio compare to MSFT and ORCL?
According to the Software industry distribution chart, Ntt Data Intramart ranks #990 out of 1551 companies for Cyclically Adjusted PB Ratio. This places Ntt Data Intramart in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.31. Ntt Data Intramart's value of 3.52 is 52.4% above this benchmark. Historically, Ntt Data Intramart's own Cyclically Adjusted PB Ratio has ranged from 1.87 to 7.59 over the past decade. While the company's 10-year median is 3.25 vs. the industry median of 2.31, Ntt Data Intramart 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 Software company?
The median Cyclically Adjusted PB Ratio among Software companies is 2.31, based on 1,551 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. Ntt Data Intramart's current Cyclically Adjusted PB Ratio of 3.52 is 52.4% 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 Ntt Data Intramart 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. Ntt Data Intramart's current Cyclically Adjusted PB Ratio is 3.52, which is near median its own 10-year median of 3.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ntt Data Intramart stock overvalued right now?
Based on GuruFocus' analysis, Ntt Data Intramart (TSE:3850) is currently considered Fairly Valued. The stock's GF Value™ is 円3,423.94, compared to a current price of 円3,275.00 — trading 4.3% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 3.52, which is near median its 10-year median of 3.25 and 52.4% above the Software industry median of 2.31. Ntt Data Intramart's overall GF Score™ is 87/100 with 2 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 Ntt Data Intramart (TSE:3850), the current Cyclically Adjusted PB Ratio is 3.52 as of Aug. 13, 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 Ntt Data Intramart (TSE:3850) Overvalued in 2026?

Based on GuruFocus' analysis, Ntt Data Intramart stock appears to be undervalued. The current stock price of 円3,275.00 is trading 4.3% below its estimated GF Value™ of 円3,423.94. GuruFocus considers Ntt Data Intramart to be Fairly Valued.

Key valuation signals for TSE:3850:

  • Cyclically Adjusted PB Ratio: 3.52 (near median its 10-year median of 3.25)
  • GF Value™: 円3,423.94 vs. price of 円3,275.00 (4.3% below fair value)
  • GF Score™: 87/100 with 2 warning signs
  • Industry Position: 52.4% above the Software median (#990 of 1551)

No single metric tells the full story. See the TSE:3850 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ntt Data Intramart Business Description

Address 15-1 Akasaka 4-chome, Akasaka Garden City, 5th floor, Minato-ku, Tokyo, JPN, 107-0052
Ntt Data Intramart Corp provides information technology products & services. It offers intra-mart package software, an application framework for web system integration, as well as provides maintenance, training, and administration services.
87GF Score

Get the complete analysis for TSE:3850

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

円3,275.00
Price
円3,423.94
GF Value