TAC Co (TSE:4319) Cyclically Adjusted PB Ratio: 1.05 (As of Aug. 11, 2026) — 22% Above Median

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TSE:4319 TAC Co Ltd TSE:4319
42 GF Score
Price 円347.00
GF Value 円192.17
! 10 Warning Signs
View Full Analysis

What is TAC Co Cyclically Adjusted PB Ratio?

TAC Co TSE:4319 -0.29% 42 Cyclically Adjusted PB Ratio is 1.05 as of Aug. 11, 2026, which is 22% above its 10-year median of 0.86. GuruFocus rates TSE:4319 with a GF Score™ of 42/100 and a GF Value™ of 円192.17. The stock has 10 warning signs investors should review.

As of today (2026-08-11), TAC Co's current share price is 円347.00. TAC Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar25 was 円331.65. TAC Co's Cyclically Adjusted PB Ratio for today is 1.05.

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

TSE:4319' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.51   Med: 0.86   Max: 1.74
Current: 1.05

During the past 13 years, TAC Co's highest Cyclically Adjusted PB Ratio was 1.74. The lowest was 0.51. And the median was 0.86.

TSE:4319's Cyclically Adjusted PB Ratio is not ranked
in the Education industry.
Industry Median: 1.16 vs TSE:4319: 1.05

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.

TAC Co's adjusted book value per share data of for the fiscal year that ended in Mar25 was 円343.045. 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331.65 for the trailing ten years ended in Mar25.

Shiller PE for Stocks: The True Measure of Stock Valuation


TAC Co  (TSE:4319) 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.


TAC Co Cyclically Adjusted PB Ratio Related Terms


TAC Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for TAC 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.

TAC Co Cyclically Adjusted PB Ratio Chart

TAC Co Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.02 0.80 0.68 0.62 0.62

TAC Co Semi-Annual Data
Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
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 0.66 0.62 0.49 0.62 0.00

TSE:4319 vs EDU, TAL, LAUR: Cyclically Adjusted PB Ratio Comparison

For the Education & Training Services subindustry, TAC 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.


TAC Co Cyclically Adjusted PB Ratio vs Education Industry

For the Education industry and Consumer Defensive sector, TAC Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TSE:4319
42GF Score
TAC Co Ltd TSE:4319
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TAC 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=347.00/331.65
=1.05

* 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.

TAC Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar25 is calculated as:

For example, TAC Co's adjusted Book Value per Share data for the fiscal year that ended in Mar25 was:

Adj_Book=Book Value per Share/CPI of Mar25 (Change)*Current CPI (Mar25)
=343.045/111.1000*111.1000
=343.045

Current CPI (Mar25) = 111.1000.

TAC Co Annual Data

Book Value per Share CPI Adj_Book
201603 245.173 97.900 278.230
201703 267.761 98.100 303.244
201803 285.698 99.200 319.970
201903 296.826 99.700 330.766
202003 295.667 100.300 327.504
202103 313.882 99.900 349.072
202203 333.223 101.100 366.183
202303 341.577 104.400 363.498
202403 323.275 107.200 335.036
202503 343.045 111.100 343.045

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 1.05 mean?
TAC Co (TSE:4319) has a Cyclically Adjusted PB Ratio of 1.05 as of Aug. 11, 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 TAC Co and its competitors. This is 22% above median its historical median of 0.86. Over the past decade, TAC Co's Cyclically Adjusted PB Ratio has ranged from 0.51 to 1.74.
Is TAC Co's Cyclically Adjusted PB Ratio too high?
TAC Co's current Cyclically Adjusted PB Ratio of 1.05 is 22% above median its 10-year median of 0.86. Over the past 10 years, this metric has ranged from a low of 0.51 to a high of 1.74. The Education industry median Cyclically Adjusted PB Ratio is 1.16. TAC Co's value of 1.05 is 9.5% below this industry median. Overall, TAC Co has a GF Score™ of 42/100, reflecting its overall financial health beyond just this single metric.
How does TAC Co's Cyclically Adjusted PB Ratio compare to EDU and TAL?
TAC Co's Cyclically Adjusted PB Ratio of 1.05 can be compared against companies in the Education industry. The industry median Cyclically Adjusted PB Ratio is 1.16. TAC Co's value of 1.05 is 9.5% below this benchmark. Historically, TAC Co's own Cyclically Adjusted PB Ratio has ranged from 0.51 to 1.74 over the past decade. While the company's 10-year median is 0.86 vs. the industry median of 1.16, TAC 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 an Education company?
The median Cyclically Adjusted PB Ratio among Education companies is 1.16, based on 160 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. TAC Co's current Cyclically Adjusted PB Ratio of 1.05 is 9.5% 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 TAC Co and its competitors. For the Education industry, the median Cyclically Adjusted PB Ratio is 1.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TAC Co's current Cyclically Adjusted PB Ratio is 1.05, which is 22% above median its own 10-year median of 0.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TAC Co stock overvalued right now?
TAC Co (TSE:4319) has a current Cyclically Adjusted PB Ratio of 1.05. The stock's GF Value™ is 円192.17, compared to a current price of 円347.00 — trading 80.6% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.05, which is 22% above median its 10-year median of 0.86 and 9.5% below the Education industry median of 1.16. TAC Co's overall GF Score™ is 42/100 with 10 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 TAC Co (TSE:4319), the current Cyclically Adjusted PB Ratio is 1.05 as of Aug. 11, 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 TAC Co (TSE:4319) Overvalued in 2026?

Based on GuruFocus' analysis, TAC Co stock appears to be overvalued. The current stock price of 円347.00 is trading 80.6% above its estimated GF Value™ of 円192.17.

Key valuation signals for TSE:4319:

  • Cyclically Adjusted PB Ratio: 1.05 (22% above median its 10-year median of 0.86)
  • GF Value™: 円192.17 vs. price of 円347.00 (80.6% above fair value)
  • GF Score™: 42/100 with 10 warning signs
  • Industry Position: 9.5% below the Education median

No single metric tells the full story. See the TSE:4319 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


TAC Co Business Description

Address 3-2-18 Misaki-cho, Tokyo, JPN
TAC Co Ltd is a Japan-based company engages in providing educational services. The company is engaged in the personal education, corporate training, publishing, and manpower businesses. Its personal education business division offers preparatory courses for qualifications for individual students and provides training for corporations.
42GF Score

Get the complete analysis for TSE:4319

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

円347.00
Price
円192.17
GF Value