TerraSky Co (TSE:3915) Cyclically Adjusted PB Ratio: 3.98 (As of Aug. 16, 2026) — Near Median

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TSE:3915 TerraSky Co Ltd TSE:3915
91 GF Score
Price 円2,424.00
GF Value 円3,070.76
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is TerraSky Co Cyclically Adjusted PB Ratio?

TerraSky Co TSE:3915 +3.63% 91 Cyclically Adjusted PB Ratio is 3.98 as of Aug. 16, 2026, which is 3% above its 10-year median of 3.87. GuruFocus rates TSE:3915 with a GF Score™ of 91/100 and a GF Value™ of 円3,070.76 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,548 Software companies, TerraSky Co ranks worse than 67.57% on this metric.

As of today (2026-08-16), TerraSky Co's current share price is 円2424.00. TerraSky Co's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2026 was 円608.50. TerraSky Co's Cyclically Adjusted PB Ratio for today is 3.98.

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

TSE:3915' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.6   Med: 3.87   Max: 5.66
Current: 3.98

During the past years, TerraSky Co's highest Cyclically Adjusted PB Ratio was 5.66. The lowest was 2.60. And the median was 3.87.

TSE:3915's Cyclically Adjusted PB Ratio is ranked worse than
67.57% of 1548 companies
in the Software industry
Industry Median: 2.34 vs TSE:3915: 3.98

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.

TerraSky Co's adjusted book value per share data for the three months ended in Feb. 2026 was 円973.594. 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608.50 for the trailing ten years ended in Feb. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


TerraSky Co  (TSE:3915) 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.


TerraSky Co Cyclically Adjusted PB Ratio Related Terms


TerraSky Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for TerraSky 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.

TerraSky Co Cyclically Adjusted PB Ratio Chart

TerraSky Co Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 4.31 2.94

TerraSky Co Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Feb25 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 5.37 3.93 3.50 2.94 0.00

TSE:3915 vs MSFT, ORCL, PLTR: Cyclically Adjusted PB Ratio Comparison

For the Software - Infrastructure subindustry, TerraSky 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.


TerraSky Co Cyclically Adjusted PB Ratio vs Software Industry

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

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


TSE:3915
91GF Score
TerraSky Co Ltd TSE:3915
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TerraSky 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2424.00/608.50
=3.98

* 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.

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

For example, TerraSky Co'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)
=973.594/112.2000*112.2000
=973.594

Current CPI (Feb. 2026) = 112.2000.

TerraSky Co Quarterly Data

Book Value per Share CPI Adj_Book
201602 86.505 97.800 99.242
201605 87.725 98.200 100.232
201608 88.719 97.900 101.678
201611 91.228 98.600 103.811
201702 103.892 98.100 118.824
201705 106.340 98.600 121.008
201708 119.354 98.500 135.955
201711 125.940 99.100 142.588
201802 130.645 99.500 147.320
201805 132.622 99.300 149.851
201808 191.325 99.800 215.097
201811 219.647 100.000 246.444
201902 242.917 99.700 273.373
201905 576.591 100.000 646.935
201908 498.588 100.000 559.416
201911 588.366 100.500 656.862
202002 715.971 100.300 800.917
202005 953.235 100.100 1,068.461
202008 872.864 100.100 978.375
202011 734.823 99.500 828.614
202102 758.890 99.800 853.181
202105 725.286 99.400 818.683
202108 739.521 99.700 832.239
202111 739.812 100.100 829.240
202202 687.721 100.700 766.259
202205 683.735 101.800 753.586
202208 716.982 102.700 783.305
202211 738.326 103.900 797.307
202302 746.346 104.000 805.193
202305 719.370 105.100 767.967
202308 797.356 105.900 844.791
202311 815.567 106.900 856.002
202402 863.552 106.900 906.366
202405 804.290 108.100 834.795
202408 823.313 109.100 846.707
202502 858.493 110.800 869.340
202505 889.425 111.800 892.607
202508 892.582 112.100 893.378
202511 928.553 113.200 920.350
202602 973.594 112.200 973.594

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 3.98 mean?
TerraSky Co (TSE:3915) has a Cyclically Adjusted PB Ratio of 3.98 as of Aug. 16, 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 TerraSky Co and its competitors. This is near median its historical median of 3.87. Over the past decade, TerraSky Co's Cyclically Adjusted PB Ratio has ranged from 2.60 to 5.66. According to the industry distribution chart, TerraSky Co ranks #1046 out of 1548 companies in the Software industry, placing it in the top 67.6%.
Is TerraSky Co's Cyclically Adjusted PB Ratio too high?
TerraSky Co's current Cyclically Adjusted PB Ratio of 3.98 is near median its 10-year median of 3.87. Over the past 10 years, this metric has ranged from a low of 2.60 to a high of 5.66. The Software industry median Cyclically Adjusted PB Ratio is 2.34. TerraSky Co's value of 3.98 is 70.1% above this industry median. Based on the distribution chart, TerraSky Co ranks #1046 out of 1548 companies in the Software industry, which is below the industry midpoint. Overall, TerraSky Co has a GF Score™ of 91/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does TerraSky Co's Cyclically Adjusted PB Ratio compare to MSFT and ORCL?
According to the Software industry distribution chart, TerraSky Co ranks #1046 out of 1548 companies for Cyclically Adjusted PB Ratio. This places TerraSky Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.34. TerraSky Co's value of 3.98 is 70.1% above this benchmark. Historically, TerraSky Co's own Cyclically Adjusted PB Ratio has ranged from 2.60 to 5.66 over the past decade. While the company's 10-year median is 3.87 vs. the industry median of 2.34, TerraSky 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 a Software company?
The median Cyclically Adjusted PB Ratio among Software companies is 2.34, based on 1,548 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. TerraSky Co's current Cyclically Adjusted PB Ratio of 3.98 is 70.1% 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 TerraSky Co and its competitors. For the Software industry, the median Cyclically Adjusted PB Ratio is 2.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TerraSky Co's current Cyclically Adjusted PB Ratio is 3.98, which is near median its own 10-year median of 3.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TerraSky Co stock overvalued right now?
Based on GuruFocus' analysis, TerraSky Co (TSE:3915) is currently considered Modestly Undervalued. The stock's GF Value™ is 円3,070.76, compared to a current price of 円2,424.00 — trading 21.1% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 3.98, which is near median its 10-year median of 3.87 and 70.1% above the Software industry median of 2.34. TerraSky Co's overall GF Score™ is 91/100 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 TerraSky Co (TSE:3915), the current Cyclically Adjusted PB Ratio is 3.98 as of Aug. 16, 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 TerraSky Co (TSE:3915) Overvalued in 2026?

Based on GuruFocus' analysis, TerraSky Co stock appears to be undervalued. The current stock price of 円2,424.00 is trading 21.1% below its estimated GF Value™ of 円3,070.76. GuruFocus considers TerraSky Co to be Modestly Undervalued.

Key valuation signals for TSE:3915:

  • Cyclically Adjusted PB Ratio: 3.98 (near median its 10-year median of 3.87)
  • GF Value™: 円3,070.76 vs. price of 円2,424.00 (21.1% below fair value)
  • GF Score™: 91/100 with 2 warning signs
  • Industry Position: 70.1% above the Software median (#1046 of 1548)

No single metric tells the full story. See the TSE:3915 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


TerraSky Co Business Description

Address 2-11-2 Nihonbashi, 15th-17th Floor, Taiyo Life Nihonbashi Building, Chuo-ku, Tokyo, JPN, 103-0027
TerraSky Co Ltd provides cloud solutions and products in Japan. Its products and services include cloud integration services comprising Salesforce, Amazon Web Services, and Cloud ERP concierge services; system planning services; development tools; data linkage foundations, such as DataSpider Cloud, SkyOnDemand, and DCSpider; and Salesforce screen/application development, including SkyVisualEditor and SuPICE. The company's products and services also comprise Cloud ERP, such as GLOVIA OM and ServiceMax; and social ware and insurance agency solutions. The company consists of two business segments: Solutions Business and Products Business.
91GF Score

Get the complete analysis for TSE:3915

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

円2,424.00
Price
円3,070.76
GF Value