Asgent (TSE:4288) Cyclically Adjusted PB Ratio: 1.27 (As of Aug. 07, 2026) — 39% Below Median

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Director of Data and Quant Analytics at GuruFocus
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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:4288 Asgent Inc TSE:4288
41 GF Score
Price 円450.00
GF Value 円684.23
Valuation Significantly Undervalued
! 5 Warning Signs
View Full Analysis

What is Asgent Cyclically Adjusted PB Ratio?

Asgent TSE:4288 +1.58% 41 Cyclically Adjusted PB Ratio is 1.27 as of Aug. 07, 2026, which is 39% below its 10-year median of 2.09. GuruFocus rates TSE:4288 with a GF Score™ of 41/100 and a GF Value™ of 円684.23 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 1,564 Software companies, Asgent ranks better than 70.14% on this metric.

As of today (2026-08-07), Asgent's current share price is 円450.00. Asgent's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar26 was 円353.12. Asgent's Cyclically Adjusted PB Ratio for today is 1.27.

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

TSE:4288' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.86   Med: 2.09   Max: 10.11
Current: 1.15

During the past 13 years, Asgent's highest Cyclically Adjusted PB Ratio was 10.11. The lowest was 0.86. And the median was 2.09.

TSE:4288's Cyclically Adjusted PB Ratio is ranked better than
70.14% of 1564 companies
in the Software industry
Industry Median: 2.245 vs TSE:4288: 1.15

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.

Asgent's adjusted book value per share data of for the fiscal year that ended in Mar26 was 円132.563. 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353.12 for the trailing ten years ended in Mar26.

Shiller PE for Stocks: The True Measure of Stock Valuation


Asgent  (TSE:4288) 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.


Asgent Cyclically Adjusted PB Ratio Related Terms


Asgent Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Asgent'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.

Asgent Cyclically Adjusted PB Ratio Chart

Asgent 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 1.84 1.44 1.28 1.34 1.52

Asgent Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 1.28 1.53 1.34 0.00 1.52

TSE:4288 vs MSFT, ORCL, PLTR: Cyclically Adjusted PB Ratio Comparison

For the Software - Infrastructure subindustry, Asgent'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.


Asgent Cyclically Adjusted PB Ratio vs Software Industry

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

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


TSE:4288
41GF Score
Asgent Inc TSE:4288
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Asgent 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.

Asgent's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=450.00/353.12
=1.27

* 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.

Asgent's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar26 is calculated as:

For example, Asgent's adjusted Book Value per Share data for the fiscal year that ended in Mar26 was:

Adj_Book=Book Value per Share/CPI of Mar26 (Change)*Current CPI (Mar26)
=132.563/112.7000*112.7000
=132.563

Current CPI (Mar26) = 112.7000.

Asgent Annual Data

Book Value per Share CPI Adj_Book
201703 456.185 98.100 524.078
201803 426.425 99.200 484.457
201903 393.154 99.700 444.418
202003 404.307 100.300 454.291
202103 391.485 99.900 441.645
202203 354.898 101.100 395.618
202303 324.738 104.400 350.555
202403 203.710 107.200 214.162
202503 88.175 111.100 89.445
202603 132.563 112.700 132.563

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 1.27 mean?
Asgent (TSE:4288) has a Cyclically Adjusted PB Ratio of 1.27 as of Aug. 07, 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 Asgent and its competitors. This is 39% below median its historical median of 2.09. Over the past decade, Asgent's Cyclically Adjusted PB Ratio has ranged from 0.86 to 10.11. According to the industry distribution chart, Asgent ranks #467 out of 1564 companies in the Software industry, placing it in the top 29.9%.
Is Asgent's Cyclically Adjusted PB Ratio too high?
Asgent's current Cyclically Adjusted PB Ratio of 1.27 is 39% below median its 10-year median of 2.09. Over the past 10 years, this metric has ranged from a low of 0.86 to a high of 10.11. The Software industry median Cyclically Adjusted PB Ratio is 2.25. Asgent's value of 1.27 is 43.4% below this industry median. Based on the distribution chart, Asgent ranks #467 out of 1564 companies in the Software industry, which is above the industry midpoint. Overall, Asgent has a GF Score™ of 41/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Asgent's Cyclically Adjusted PB Ratio compare to MSFT and ORCL?
According to the Software industry distribution chart, Asgent ranks #467 out of 1564 companies for Cyclically Adjusted PB Ratio. This puts Asgent in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.25. Asgent's value of 1.27 is 43.4% below this benchmark. Historically, Asgent's own Cyclically Adjusted PB Ratio has ranged from 0.86 to 10.11 over the past decade. While the company's 10-year median is 2.09 vs. the industry median of 2.25, Asgent 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. Asgent's current Cyclically Adjusted PB Ratio of 1.27 is 43.4% 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 Asgent 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. Asgent's current Cyclically Adjusted PB Ratio is 1.27, which is 39% below median its own 10-year median of 2.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asgent stock overvalued right now?
Based on GuruFocus' analysis, Asgent (TSE:4288) is currently considered Significantly Undervalued. The stock's GF Value™ is 円684.23, compared to a current price of 円450.00 — trading 34.2% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.27, which is 39% below median its 10-year median of 2.09 and 43.4% below the Software industry median of 2.25. Asgent's overall GF Score™ is 41/100 with 5 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 Asgent (TSE:4288), the current Cyclically Adjusted PB Ratio is 1.27 as of Aug. 07, 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 Asgent (TSE:4288) Overvalued in 2026?

Based on GuruFocus' analysis, Asgent stock appears to be undervalued. The current stock price of 円450.00 is trading 34.2% below its estimated GF Value™ of 円684.23. GuruFocus considers Asgent to be Significantly Undervalued.

Key valuation signals for TSE:4288:

  • Cyclically Adjusted PB Ratio: 1.27 (39% below median its 10-year median of 2.09)
  • GF Value™: 円684.23 vs. price of 円450.00 (34.2% below fair value)
  • GF Score™: 41/100 with 5 warning signs
  • Industry Position: 43.4% below the Software median (#467 of 1564)

No single metric tells the full story. See the TSE:4288 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Asgent Business Description

Address 6-4 Akashicho, Chuo-ku, Tokyo, JPN
Asgent Inc is engaged in providing packaged software solutions. The services offered by the company include managed security service, website protection service, ISO consulting, privacy mark consulting, business continuity management consulting, and PCI data security standard consulting.
41GF Score

Get the complete analysis for TSE:4288

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

円450.00
Price
円684.23
GF Value