Dreamubator (TSE:4310) Cyclically Adjusted PB Ratio: 1.87 (As of Aug. 14, 2026) — Near Median

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TSE:4310 Dream Incubator Inc TSE:4310
55 GF Score
Price 円2,536.00
GF Value 円3,340.91
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Dreamubator Cyclically Adjusted PB Ratio?

Dreamubator TSE:4310 +1.52% 55 Cyclically Adjusted PB Ratio is 1.87 as of Aug. 14, 2026, which is 3% above its 10-year median of 1.82. GuruFocus rates TSE:4310 with a GF Score™ of 55/100 and a GF Value™ of 円3,340.91 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,011 Asset Management companies, Dreamubator ranks worse than 83.09% on this metric.

As of today (2026-08-14), Dreamubator's current share price is 円2536.00. Dreamubator's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円1,356.38. Dreamubator's Cyclically Adjusted PB Ratio for today is 1.87.

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

TSE:4310' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.73   Med: 1.82   Max: 3.47
Current: 1.82

During the past years, Dreamubator's highest Cyclically Adjusted PB Ratio was 3.47. The lowest was 0.73. And the median was 1.82.

TSE:4310's Cyclically Adjusted PB Ratio is ranked worse than
83.09% of 1011 companies
in the Asset Management industry
Industry Median: 0.87 vs TSE:4310: 1.82

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.

Dreamubator's adjusted book value per share data for the three months ended in Mar. 2026 was 円1,323.607. 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1,356.38 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Dreamubator  (TSE:4310) 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.


Dreamubator Cyclically Adjusted PB Ratio Related Terms


Dreamubator Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Dreamubator'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.

Dreamubator Cyclically Adjusted PB Ratio Chart

Dreamubator 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 2.29 2.34 2.12 2.07 1.92

Dreamubator 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 1.74 1.93 1.89 1.92 0.00

TSE:4310 vs BLK, BX, KKR: Cyclically Adjusted PB Ratio Comparison

For the Asset Management subindustry, Dreamubator'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.


Dreamubator Cyclically Adjusted PB Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Dreamubator's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TSE:4310
55GF Score
Dream Incubator Inc TSE:4310
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dreamubator 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2536.00/1356.38
=1.87

* 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.

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

For example, Dreamubator'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)
=1323.607/112.7000*112.7000
=1,323.607

Current CPI (Mar. 2026) = 112.7000.

Dreamubator Quarterly Data

Book Value per Share CPI Adj_Book
201603 1,043.910 97.900 1,201.723
201606 1,025.919 98.100 1,178.604
201609 1,056.438 98.000 1,214.904
201612 1,019.252 98.400 1,167.375
201703 1,023.579 98.100 1,175.916
201706 1,018.010 98.500 1,164.769
201709 1,022.327 98.800 1,166.156
201712 1,108.019 99.400 1,256.275
201803 1,085.124 99.200 1,232.797
201806 1,157.174 99.200 1,314.652
201809 1,166.479 99.900 1,315.938
201812 1,119.833 99.700 1,265.849
201903 1,146.324 99.700 1,295.795
201906 1,128.753 99.800 1,274.654
201909 1,115.345 100.100 1,255.738
201912 1,170.824 100.500 1,312.954
202003 1,094.735 100.300 1,230.076
202006 1,122.543 99.900 1,266.372
202009 1,135.279 99.900 1,280.740
202012 1,099.113 99.300 1,247.432
202103 956.760 99.900 1,079.348
202106 954.827 99.500 1,081.498
202109 955.344 100.100 1,075.597
202112 986.562 100.100 1,110.745
202203 1,003.180 101.100 1,118.283
202206 1,114.549 101.800 1,233.887
202209 1,138.320 103.100 1,244.313
202212 1,155.533 104.100 1,250.995
202303 2,195.719 104.400 2,370.283
202306 1,984.492 105.200 2,125.972
202309 1,897.538 106.200 2,013.677
202312 1,797.237 106.800 1,896.523
202403 1,717.205 107.200 1,805.308
202406 1,590.521 108.200 1,656.670
202409 1,542.079 108.900 1,595.889
202503 1,478.972 111.100 1,500.271
202506 1,478.468 111.700 1,491.704
202509 1,218.615 112.000 1,226.231
202512 1,238.808 113.000 1,235.519
202603 1,323.607 112.700 1,323.607

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 1.87 mean?
Dreamubator (TSE:4310) has a Cyclically Adjusted PB Ratio of 1.87 as of Aug. 14, 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 Dreamubator and its competitors. This is near median its historical median of 1.82. Over the past decade, Dreamubator's Cyclically Adjusted PB Ratio has ranged from 0.73 to 3.47. According to the industry distribution chart, Dreamubator ranks #840 out of 1011 companies in the Asset Management industry, placing it in the top 83.1%.
Is Dreamubator's Cyclically Adjusted PB Ratio too high?
Dreamubator's current Cyclically Adjusted PB Ratio of 1.87 is near median its 10-year median of 1.82. Over the past 10 years, this metric has ranged from a low of 0.73 to a high of 3.47. The Asset Management industry median Cyclically Adjusted PB Ratio is 0.87. Dreamubator's value of 1.87 is 114.9% above this industry median. Based on the distribution chart, Dreamubator ranks #840 out of 1011 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Dreamubator has a GF Score™ of 55/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Dreamubator's Cyclically Adjusted PB Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, Dreamubator ranks #840 out of 1011 companies for Cyclically Adjusted PB Ratio. This places Dreamubator in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.87. Dreamubator's value of 1.87 is 114.9% above this benchmark. Historically, Dreamubator's own Cyclically Adjusted PB Ratio has ranged from 0.73 to 3.47 over the past decade. While the company's 10-year median is 1.82 vs. the industry median of 0.87, Dreamubator 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 Asset Management company?
The median Cyclically Adjusted PB Ratio among Asset Management companies is 0.87, based on 1,011 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. Dreamubator's current Cyclically Adjusted PB Ratio of 1.87 is 114.9% 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 Dreamubator and its competitors. For the Asset Management industry, the median Cyclically Adjusted PB Ratio is 0.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dreamubator's current Cyclically Adjusted PB Ratio is 1.87, which is near median its own 10-year median of 1.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dreamubator stock overvalued right now?
Based on GuruFocus' analysis, Dreamubator (TSE:4310) is currently considered Modestly Undervalued. The stock's GF Value™ is 円3,340.91, compared to a current price of 円2,536.00 — trading 24.1% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.87, which is near median its 10-year median of 1.82 and 114.9% above the Asset Management industry median of 0.87. Dreamubator's overall GF Score™ is 55/100 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 Dreamubator (TSE:4310), the current Cyclically Adjusted PB Ratio is 1.87 as of Aug. 14, 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 Dreamubator (TSE:4310) Overvalued in 2026?

Based on GuruFocus' analysis, Dreamubator stock appears to be undervalued. The current stock price of 円2,536.00 is trading 24.1% below its estimated GF Value™ of 円3,340.91. GuruFocus considers Dreamubator to be Modestly Undervalued.

Key valuation signals for TSE:4310:

  • Cyclically Adjusted PB Ratio: 1.87 (near median its 10-year median of 1.82)
  • GF Value™: 円3,340.91 vs. price of 円2,536.00 (24.1% below fair value)
  • GF Score™: 55/100 with 2 warning signs
  • Industry Position: 114.9% above the Asset Management median (#840 of 1011)

No single metric tells the full story. See the TSE:4310 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Dreamubator Business Description

Address 3-2-6 Kasumigaseki, Tokyo Club Building, 4th and 6th Floor, Chiyoda-ku, Tokyo, JPN, 100-0013
Dream Incubator Inc operates in consulting and investment businesses. It operates in three business segments namely The Consulting segment, The Insurance segment and Business Investment segment.
55GF Score

Get the complete analysis for TSE:4310

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

円2,536.00
Price
円3,340.91
GF Value