CHieru Co (TSE:3933) Cyclically Adjusted PB Ratio: 1.76 (As of Aug. 08, 2026) — 24% Below Median

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TSE:3933 CHieru Co Ltd TSE:3933
63 GF Score
Price 円508.00
GF Value 円1,410.66
Valuation Significantly Undervalued
! 4 Warning Signs
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What is CHieru Co Cyclically Adjusted PB Ratio?

CHieru Co TSE:3933 +1.20% 63 Cyclically Adjusted PB Ratio is 1.76 as of Aug. 08, 2026, which is 24% below its 10-year median of 2.33. GuruFocus rates TSE:3933 with a GF Score™ of 63/100 and a GF Value™ of 円1,410.66 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 1,564 Software companies, CHieru Co ranks better than 59.85% on this metric.

As of today (2026-08-08), CHieru Co's current share price is 円508.00. CHieru Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円287.87. CHieru Co's Cyclically Adjusted PB Ratio for today is 1.76.

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

TSE:3933' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.54   Med: 2.33   Max: 2.5
Current: 1.68

During the past years, CHieru Co's highest Cyclically Adjusted PB Ratio was 2.50. The lowest was 1.54. And the median was 2.33.

TSE:3933's Cyclically Adjusted PB Ratio is ranked better than
59.85% of 1564 companies
in the Software industry
Industry Median: 2.245 vs TSE:3933: 1.68

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.

CHieru Co's adjusted book value per share data for the three months ended in Mar. 2026 was 円452.203. 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287.87 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


CHieru Co  (TSE:3933) 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.


CHieru Co Cyclically Adjusted PB Ratio Related Terms


CHieru Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for CHieru 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.

CHieru Co Cyclically Adjusted PB Ratio Chart

CHieru 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 0.00 0.00 0.00 0.00 2.19

CHieru Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 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 0.00 0.00 0.00 2.34 2.19

TSE:3933 vs QH, SHOP, UBER: Cyclically Adjusted PB Ratio Comparison

For the Software - Application subindustry, CHieru 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.


CHieru Co Cyclically Adjusted PB Ratio vs Software Industry

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

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


TSE:3933
63GF Score
CHieru Co Ltd TSE:3933
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CHieru 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=508.00/287.87
=1.76

* 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.

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

For example, CHieru 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)
=452.203/112.7000*112.7000
=452.203

Current CPI (Mar. 2026) = 112.7000.

CHieru Co Quarterly Data

Book Value per Share CPI Adj_Book
201603 156.012 97.900 179.597
201606 143.635 98.100 165.012
201609 162.475 98.000 186.846
201612 155.388 98.400 177.970
201703 174.874 98.100 200.900
201706 172.862 98.500 197.782
201709 185.150 98.800 211.198
201712 181.267 99.400 205.521
201803 195.978 99.200 222.648
201806 176.539 99.200 200.564
201809 171.119 99.900 193.044
201812 157.078 99.700 177.560
201903 192.824 99.700 217.967
201906 182.138 99.800 205.681
201909 204.995 100.100 230.799
201912 193.963 100.500 217.509
202003 211.658 100.300 237.825
202006 207.057 99.900 233.587
202009 221.685 99.900 250.089
202012 230.123 99.300 261.177
202103 257.522 99.900 290.518
202106 268.367 99.500 303.969
202109 265.772 100.100 299.226
202112 278.216 100.100 313.236
202203 285.917 101.100 318.723
202206 302.504 101.800 334.894
202209 315.389 103.100 344.756
202212 319.454 104.100 345.845
202303 336.688 104.400 363.455
202306 346.170 105.200 370.849
202309 356.594 106.200 378.419
202312 363.463 106.800 383.542
202403 365.165 107.200 383.900
202406 362.996 108.200 378.093
202409 377.773 108.900 390.955
202503 415.560 111.100 421.545
202506 415.560 111.700 419.280
202509 439.393 112.000 442.139
202512 407.025 113.000 405.944
202603 452.203 112.700 452.203

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 1.76 mean?
CHieru Co (TSE:3933) has a Cyclically Adjusted PB Ratio of 1.76 as of Aug. 08, 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 CHieru Co and its competitors. This is 24% below median its historical median of 2.33. Over the past decade, CHieru Co's Cyclically Adjusted PB Ratio has ranged from 1.54 to 2.50. According to the industry distribution chart, CHieru Co ranks #628 out of 1564 companies in the Software industry, placing it in the top 40.2%.
Is CHieru Co's Cyclically Adjusted PB Ratio too high?
CHieru Co's current Cyclically Adjusted PB Ratio of 1.76 is 24% below median its 10-year median of 2.33. Over the past 10 years, this metric has ranged from a low of 1.54 to a high of 2.50. The Software industry median Cyclically Adjusted PB Ratio is 2.25. CHieru Co's value of 1.76 is 21.6% below this industry median. Based on the distribution chart, CHieru Co ranks #628 out of 1564 companies in the Software industry, which is above the industry midpoint. Overall, CHieru Co has a GF Score™ of 63/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does CHieru Co's Cyclically Adjusted PB Ratio compare to QH and SHOP?
According to the Software industry distribution chart, CHieru Co ranks #628 out of 1564 companies for Cyclically Adjusted PB Ratio. This puts CHieru Co in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.25. CHieru Co's value of 1.76 is 21.6% below this benchmark. Historically, CHieru Co's own Cyclically Adjusted PB Ratio has ranged from 1.54 to 2.50 over the past decade. While the company's 10-year median is 2.33 vs. the industry median of 2.25, CHieru 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 2.25, based on 1,564 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. CHieru Co's current Cyclically Adjusted PB Ratio of 1.76 is 21.6% 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 CHieru Co and its competitors. For the Software industry, the median Cyclically Adjusted PB Ratio is 2.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CHieru Co's current Cyclically Adjusted PB Ratio is 1.76, which is 24% below median its own 10-year median of 2.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CHieru Co stock overvalued right now?
Based on GuruFocus' analysis, CHieru Co (TSE:3933) is currently considered Significantly Undervalued. The stock's GF Value™ is 円1,410.66, compared to a current price of 円508.00 — trading 64% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.76, which is 24% below median its 10-year median of 2.33 and 21.6% below the Software industry median of 2.25. CHieru Co's overall GF Score™ is 63/100 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 CHieru Co (TSE:3933), the current Cyclically Adjusted PB Ratio is 1.76 as of Aug. 08, 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 CHieru Co (TSE:3933) Overvalued in 2026?

Based on GuruFocus' analysis, CHieru Co stock appears to be undervalued. The current stock price of 円508.00 is trading 64% below its estimated GF Value™ of 円1,410.66. GuruFocus considers CHieru Co to be Significantly Undervalued.

Key valuation signals for TSE:3933:

  • Cyclically Adjusted PB Ratio: 1.76 (24% below median its 10-year median of 2.33)
  • GF Value™: 円1,410.66 vs. price of 円508.00 (64% below fair value)
  • GF Score™: 63/100 with 4 warning signs
  • Industry Position: 21.6% below the Software median (#628 of 1564)

No single metric tells the full story. See the TSE:3933 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CHieru Co Business Description

Address 2-2-24, Higashi-shinagawa, Tennozu Central Tower 3F, Shinagawa-ku, Tokyo, JPN, 140-0002
CHieru Co Ltd is a Japanese firm which provides information and communication technology environments for teaching and learning in schools. It offers services including software and system products, teaching and learning resources and strategic consulting for school ICT environment. Its solutions include CaLabo EX, CaLabo LX, CaLabo TX, interclass cloud.
63GF Score

Get the complete analysis for TSE:3933

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

円508.00
Price
円1,410.66
GF Value