Nexyz Group (TSE:4346) Cyclically Adjusted PB Ratio: (As of Sep. 21, 2026)

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:4346 Nexyz Group Corp TSE:4346
73 GF Score
Price 円1,040.00
GF Value 円967.60
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Nexyz Group Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Nexyz Group  (TSE:4346) 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.


Nexyz Group Cyclically Adjusted PB Ratio Related Terms


Nexyz Group Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Nexyz Group'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.

Nexyz Group Cyclically Adjusted PB Ratio Chart

Nexyz Group Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.69 1.20 1.57 1.63 2.11

Nexyz Group Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 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 1.71 2.19 1.61 1.43 1.48

TSE:4346 vs CTAS, CPRT, GPN: Cyclically Adjusted PB Ratio Comparison

For the Specialty Business Services subindustry, Nexyz Group'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.


Nexyz Group Cyclically Adjusted PB Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, Nexyz Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TSE:4346
73GF Score
Nexyz Group Corp TSE:4346
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nexyz Group 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.

Nexyz Group's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Nexyz Group's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=563.737/113.6000*113.6000
=563.737

Current CPI (Jun. 2026) = 113.6000.

Nexyz Group Quarterly Data

Book Value per Share CPI Adj_Book
201609 595.586 98.000 690.394
201612 547.017 98.400 631.516
201703 585.547 98.100 678.065
201706 594.948 98.500 686.153
201709 643.152 98.800 739.495
201712 672.342 99.400 768.391
201803 650.330 99.200 744.733
201806 667.840 99.200 764.785
201809 676.782 99.900 769.594
201812 652.253 99.700 743.189
201903 642.702 99.700 732.306
201906 585.287 99.800 666.218
201909 634.954 100.100 720.587
201912 622.784 100.500 703.963
202003 598.994 100.300 678.422
202006 502.571 99.900 571.492
202009 426.559 99.900 485.056
202012 418.222 99.300 478.449
202103 345.868 99.900 393.299
202106 309.970 99.500 353.895
202109 306.513 100.100 347.851
202112 200.765 100.100 227.841
202203 191.617 101.100 215.309
202206 213.294 101.800 238.018
202209 220.367 103.100 242.810
202212 217.447 104.100 237.291
202303 228.054 104.400 248.151
202306 244.351 105.200 263.862
202309 284.483 106.200 304.306
202312 271.879 106.800 289.190
202403 242.057 107.200 256.508
202406 246.211 108.200 258.499
202409 401.104 108.900 418.415
202412 411.328 110.700 422.104
202503 430.181 111.100 439.861
202506 510.747 111.700 519.435
202509 617.150 112.000 625.966
202512 634.766 113.000 638.136
202603 608.402 112.700 613.261
202606 563.737 113.600 563.737

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.

Is Nexyz Group (TSE:4346) Overvalued in 2026?

Based on GuruFocus' analysis, Nexyz Group stock appears to be overvalued. The current stock price of 円1,040.00 is trading 7.5% above its estimated GF Value™ of 円967.60. GuruFocus considers Nexyz Group to be Fairly Valued.

Key valuation signals for TSE:4346:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: 円967.60 vs. price of 円1,040.00 (7.5% above fair value)
  • GF Score™: 73/100 with 3 warning signs

No single metric tells the full story. See the TSE:4346 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nexyz Group Business Description

Address Nexyz Square Building, 20-4 Sakuragaoka-cho, Shibuya-ku, Tokyo, JPN, 150-0031
Nexyz Group Corp is a Japan-based company which is engaged in the provision of business support services. The firm operates in following divisions: Energy and Environment, Electronic Media and Other. Energy and Environment division engages in selling Internet connection services, and selling and broking LED lights and other environmentally friendly equipment. Electronic Media division provides digital magazines, various solutions, and smartphone game application namely Kami no Te. The Other division consists of DNA health consulting, stock market investing support and smartphone digital gift services.
73GF Score

Get the complete analysis for TSE:4346

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

円1,040.00
Price
円967.60
GF Value