PR TIMES (TSE:3922) Cyclically Adjusted PB Ratio: 7.92 (As of Aug. 27, 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:3922 PR TIMES Corp TSE:3922
91 GF Score
Price 円2,190.00
GF Value 円2,846.82
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is PR TIMES Cyclically Adjusted PB Ratio?

PR TIMES TSE:3922 +0.69% 91 Cyclically Adjusted PB Ratio is 7.92 as of Aug. 27, 2026, which is 2% below its 10-year median of 8.11. GuruFocus rates TSE:3922 with a GF Score™ of 91/100 and a GF Value™ of 円2,846.82 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 340 Interactive Media companies, PR TIMES ranks worse than 91.76% on this metric.

As of today (2026-08-27), PR TIMES's current share price is 円2190.00. PR TIMES's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2026 was 円276.51. PR TIMES's Cyclically Adjusted PB Ratio for today is 7.92.

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

TSE:3922' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 7.41   Med: 8.11   Max: 11.25
Current: 7.74

During the past years, PR TIMES's highest Cyclically Adjusted PB Ratio was 11.25. The lowest was 7.41. And the median was 8.11.

TSE:3922's Cyclically Adjusted PB Ratio is ranked worse than
91.76% of 340 companies
in the Interactive Media industry
Industry Median: 1.435 vs TSE:3922: 7.74

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.

PR TIMES's adjusted book value per share data for the three months ended in Feb. 2026 was 円686.653. 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276.51 for the trailing ten years ended in Feb. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


PR TIMES  (TSE:3922) 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.


PR TIMES Cyclically Adjusted PB Ratio Related Terms


PR TIMES Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for PR TIMES'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.

PR TIMES Cyclically Adjusted PB Ratio Chart

PR TIMES 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 0.00 8.67

PR TIMES 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 0.00 0.00 10.88 8.67 0.00

TSE:3922 vs GOOGL, META, SPOT: Cyclically Adjusted PB Ratio Comparison

For the Internet Content & Information subindustry, PR TIMES'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.


PR TIMES Cyclically Adjusted PB Ratio vs Interactive Media Industry

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

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


TSE:3922
91GF Score
PR TIMES Corp TSE:3922
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PR TIMES 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.

PR TIMES's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2190.00/276.51
=7.92

* 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.

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

For example, PR TIMES'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)
=686.653/112.2000*112.2000
=686.653

Current CPI (Feb. 2026) = 112.2000.

PR TIMES Quarterly Data

Book Value per Share CPI Adj_Book
201602 42.585 97.800 48.855
201605 93.512 98.200 106.844
201608 97.144 97.900 111.334
201611 102.311 98.600 116.423
201702 100.906 98.100 115.409
201705 104.704 98.600 119.146
201708 110.459 98.500 125.822
201711 113.421 99.100 128.414
201802 117.445 99.500 132.435
201805 124.207 99.300 140.343
201808 128.214 99.800 144.144
201811 136.906 100.000 153.609
201902 140.418 99.700 158.023
201905 140.393 100.000 157.521
201908 142.516 100.000 159.903
201911 141.467 100.500 157.936
202002 112.942 100.300 126.342
202005 142.223 100.100 159.415
202008 159.081 100.100 178.311
202011 183.949 99.500 207.428
202102 190.646 99.800 214.333
202105 204.295 99.400 230.603
202108 234.874 99.700 264.322
202111 274.702 100.100 307.908
202202 278.539 100.700 310.348
202205 300.567 101.800 331.273
202208 317.888 102.700 347.293
202211 328.019 103.900 354.223
202302 333.032 104.000 359.290
202305 347.535 105.100 371.013
202308 377.543 105.900 400.003
202311 407.205 106.900 427.394
202402 421.333 106.900 442.222
202405 445.208 108.100 462.094
202408 470.594 109.100 483.966
202502 512.234 110.800 518.706
202505 545.374 111.800 547.325
202508 601.307 112.100 601.843
202511 657.877 113.200 652.065
202602 686.653 112.200 686.653

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 7.92 mean?
PR TIMES (TSE:3922) has a Cyclically Adjusted PB Ratio of 7.92 as of Aug. 27, 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 PR TIMES and its competitors. This is near median its historical median of 8.11. Over the past decade, PR TIMES's Cyclically Adjusted PB Ratio has ranged from 7.41 to 11.25. According to the industry distribution chart, PR TIMES ranks #312 out of 340 companies in the Interactive Media industry, placing it in the top 91.8%.
Is PR TIMES's Cyclically Adjusted PB Ratio too high?
PR TIMES's current Cyclically Adjusted PB Ratio of 7.92 is near median its 10-year median of 8.11. Over the past 10 years, this metric has ranged from a low of 7.41 to a high of 11.25. The Interactive Media industry median Cyclically Adjusted PB Ratio is 1.44. PR TIMES's value of 7.92 is 451.9% above this industry median. Based on the distribution chart, PR TIMES ranks #312 out of 340 companies in the Interactive Media industry, which is in the bottom quartile relative to peers. Overall, PR TIMES has a GF Score™ of 91/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PR TIMES's Cyclically Adjusted PB Ratio compare to GOOGL and META?
According to the Interactive Media industry distribution chart, PR TIMES ranks #312 out of 340 companies for Cyclically Adjusted PB Ratio. This places PR TIMES in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.44. PR TIMES's value of 7.92 is 451.9% above this benchmark. Historically, PR TIMES's own Cyclically Adjusted PB Ratio has ranged from 7.41 to 11.25 over the past decade. While the company's 10-year median is 8.11 vs. the industry median of 1.44, PR TIMES 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 1.44, based on 340 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. PR TIMES's current Cyclically Adjusted PB Ratio of 7.92 is 451.9% 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 PR TIMES and its competitors. For the Interactive Media industry, the median Cyclically Adjusted PB Ratio is 1.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PR TIMES's current Cyclically Adjusted PB Ratio is 7.92, which is near median its own 10-year median of 8.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PR TIMES stock overvalued right now?
Based on GuruFocus' analysis, PR TIMES (TSE:3922) is currently considered Modestly Undervalued. The stock's GF Value™ is 円2,846.82, compared to a current price of 円2,190.00 — trading 23.1% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 7.92, which is near median its 10-year median of 8.11 and 451.9% above the Interactive Media industry median of 1.44. PR TIMES'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 PR TIMES (TSE:3922), the current Cyclically Adjusted PB Ratio is 7.92 as of Aug. 27, 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 PR TIMES (TSE:3922) Overvalued in 2026?

Based on GuruFocus' analysis, PR TIMES stock appears to be undervalued. The current stock price of 円2,190.00 is trading 23.1% below its estimated GF Value™ of 円2,846.82. GuruFocus considers PR TIMES to be Modestly Undervalued.

Key valuation signals for TSE:3922:

  • Cyclically Adjusted PB Ratio: 7.92 (near median its 10-year median of 8.11)
  • GF Value™: 円2,846.82 vs. price of 円2,190.00 (23.1% below fair value)
  • GF Score™: 91/100 with 2 warning signs
  • Industry Position: 451.9% above the Interactive Media median (#312 of 340)

No single metric tells the full story. See the TSE:3922 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


PR TIMES Business Description

Address 1-11-44 Akasaka, Akasaka Intercity, 8th Floor, Minato-ku, Tokyo, JPN, 107-0052
PR TIMES Corp provides news release distribution services in Japan and internationally. The company operates a platform business that connects companies and consumers with news. Its company users use PR TIMES to spread news, such as the launch of new products and services, notices of events and campaigns, and performance trend releases, to achieve a high return on investment. It offers PR Planning/tactics planning, media/SNS planning design, and content creation promotion, as well as press release distribution services.
91GF Score

Get the complete analysis for TSE:3922

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

円2,190.00
Price
円2,846.82
GF Value