Amazia (TSE:4424) Cyclically Adjusted PB Ratio: 1.80 (As of Aug. 12, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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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:4424 Amazia Inc TSE:4424
63 GF Score
Price 円338.00
GF Value 円213.14
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Amazia Cyclically Adjusted PB Ratio?

Amazia TSE:4424 -0.59% 63 Cyclically Adjusted PB Ratio is 1.80 as of Aug. 12, 2026. GuruFocus rates TSE:4424 with a GF Score™ of 63/100 and a GF Value™ of 円213.14 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,551 Software companies, Amazia ranks better than 58.74% on this metric.

As of today (2026-08-12), Amazia's current share price is 円338.00. Amazia's Cyclically Adjusted Book per Share for the fiscal year that ended in Sep25 was 円188.19. Amazia's Cyclically Adjusted PB Ratio for today is 1.80.

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

TSE:4424' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 1.8
Current: 1.8

During the past 10 years, Amazia's highest Cyclically Adjusted PB Ratio was 1.80. The lowest was 0.00. And the median was 0.00.

TSE:4424's Cyclically Adjusted PB Ratio is ranked better than
58.74% of 1551 companies
in the Software industry
Industry Median: 2.31 vs TSE:4424: 1.80

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.

Amazia's adjusted book value per share data of for the fiscal year that ended in Sep25 was 円137.920. 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188.19 for the trailing ten years ended in Sep25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Amazia  (TSE:4424) 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.


Amazia Cyclically Adjusted PB Ratio Related Terms


Amazia Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Amazia'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.

Amazia Cyclically Adjusted PB Ratio Chart

Amazia 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 0.00 0.00 0.00 0.00 1.54

Amazia Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Mar25 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 1.54 0.00 0.00

TSE:4424 vs QH, SHOP, UBER: Cyclically Adjusted PB Ratio Comparison

For the Software - Application subindustry, Amazia'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.


Amazia Cyclically Adjusted PB Ratio vs Software Industry

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

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


TSE:4424
63GF Score
Amazia Inc TSE:4424
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Amazia 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=338.00/188.19
=1.80

* 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.

Amazia's Cyclically Adjusted Book per Share for the fiscal year that ended in Sep25 is calculated as:

For example, Amazia's adjusted Book Value per Share data for the fiscal year that ended in Sep25 was:

Adj_Book=Book Value per Share/CPI of Sep25 (Change)*Current CPI (Sep25)
=137.92/112.0000*112.0000
=137.920

Current CPI (Sep25) = 112.0000.

Amazia Annual Data

Book Value per Share CPI Adj_Book
201609 13.534 98.000 15.467
201709 30.223 98.800 34.261
201809 47.289 99.900 53.017
201909 145.596 100.100 162.905
202009 268.401 99.900 300.910
202109 304.381 100.100 340.566
202209 308.774 103.100 335.429
202309 285.822 106.200 301.432
202409 194.433 108.900 199.968
202509 137.920 112.000 137.920

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 1.80 mean?
Amazia (TSE:4424) has a Cyclically Adjusted PB Ratio of 1.80 as of Aug. 12, 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 Amazia and its competitors. According to the industry distribution chart, Amazia ranks #640 out of 1551 companies in the Software industry, placing it in the top 41.3%.
Is Amazia's Cyclically Adjusted PB Ratio too high?
Amazia's current Cyclically Adjusted PB Ratio is 1.80. The Software industry median Cyclically Adjusted PB Ratio is 2.31. Amazia's value of 1.80 is 22.1% below this industry median. Based on the distribution chart, Amazia ranks #640 out of 1551 companies in the Software industry, which is above the industry midpoint. Overall, Amazia has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Amazia's Cyclically Adjusted PB Ratio compare to QH and SHOP?
According to the Software industry distribution chart, Amazia ranks #640 out of 1551 companies for Cyclically Adjusted PB Ratio. This puts Amazia in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.31. Amazia's value of 1.80 is 22.1% below this benchmark. 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 2.31, based on 1,551 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. Amazia's current Cyclically Adjusted PB Ratio of 1.80 is 22.1% 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 Amazia and its competitors. For the Software industry, the median Cyclically Adjusted PB Ratio is 2.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Amazia's current Cyclically Adjusted PB Ratio is 1.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Amazia stock overvalued right now?
Based on GuruFocus' analysis, Amazia (TSE:4424) is currently considered Significantly Overvalued. The stock's GF Value™ is 円213.14, compared to a current price of 円338.00 — trading 58.6% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.80 and 22.1% below the Software industry median of 2.31. Amazia'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 Amazia (TSE:4424), the current Cyclically Adjusted PB Ratio is 1.80 as of Aug. 12, 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 Amazia (TSE:4424) Overvalued in 2026?

Based on GuruFocus' analysis, Amazia stock appears to be overvalued. The current stock price of 円338.00 is trading 58.6% above its estimated GF Value™ of 円213.14. GuruFocus considers Amazia to be Significantly Overvalued.

Key valuation signals for TSE:4424:

  • Cyclically Adjusted PB Ratio: 1.80
  • GF Value™: 円213.14 vs. price of 円338.00 (58.6% above fair value)
  • GF Score™: 63/100 with 4 warning signs
  • Industry Position: 22.1% below the Software median (#640 of 1551)

No single metric tells the full story. See the TSE:4424 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Amazia Business Description

Address 1-2 Sakuragaokacho, Shibuya-ku, Tokyo, JPN, 150-0044
Amazia Inc is engaged in the digital content business, focusing on the operation of manga apps and related services. The company's core service is the manga app Manga BANG, which distributes a wide range of manga titles to users. In addition to app operation, the company is involved in content production and licensing, including partnerships with publishers and creators. The company also explores monetization through advertising, subscription models, and in-app purchases.
63GF Score

Get the complete analysis for TSE:4424

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

円338.00
Price
円213.14
GF Value