HITO-Communications Holdings (TSE:4433) Cyclically Adjusted PB Ratio: 1.09 (As of Sep. 01, 2026) — 42% Below Median

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TSE:4433 HITO-Communications Holdings Inc TSE:4433
57 GF Score
Price 円873.00
GF Value 円1,122.22
Valuation Modestly Undervalued
! 4 Warning Signs
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What is HITO-Communications Holdings Cyclically Adjusted PB Ratio?

HITO-Communications Holdings TSE:4433 +0.11% 57 Cyclically Adjusted PB Ratio is 1.09 as of Sep. 01, 2026, which is 42% below its 10-year median of 1.89. GuruFocus rates TSE:4433 with a GF Score™ of 57/100 and a GF Value™ of 円1,122.22 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 690 Business Services companies, HITO-Communications Holdings ranks better than 62.75% on this metric.

As of today (2026-09-01), HITO-Communications Holdings's current share price is 円873.00. HITO-Communications Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2026 was 円799.58. HITO-Communications Holdings's Cyclically Adjusted PB Ratio for today is 1.09.

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

TSE:4433' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.04   Med: 1.89   Max: 6.05
Current: 1.09

During the past years, HITO-Communications Holdings's highest Cyclically Adjusted PB Ratio was 6.05. The lowest was 1.04. And the median was 1.89.

TSE:4433's Cyclically Adjusted PB Ratio is ranked better than
62.75% of 690 companies
in the Business Services industry
Industry Median: 1.52 vs TSE:4433: 1.09

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.

HITO-Communications Holdings's adjusted book value per share data for the three months ended in Feb. 2026 was 円963.793. 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799.58 for the trailing ten years ended in Feb. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


HITO-Communications Holdings  (TSE:4433) 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.


HITO-Communications Holdings Cyclically Adjusted PB Ratio Related Terms


HITO-Communications Holdings Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for HITO-Communications Holdings'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.

HITO-Communications Holdings Cyclically Adjusted PB Ratio Chart

HITO-Communications Holdings Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.08 3.27 2.25 1.23 1.44

HITO-Communications Holdings Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 1.24 1.44 1.31 1.21 0.00

TSE:4433 vs RHI, KFY, TNET: Cyclically Adjusted PB Ratio Comparison

For the Staffing & Employment Services subindustry, HITO-Communications Holdings'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.


HITO-Communications Holdings Cyclically Adjusted PB Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, HITO-Communications Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where HITO-Communications Holdings's Cyclically Adjusted PB Ratio falls into.


TSE:4433
57GF Score
HITO-Communications Holdings Inc TSE:4433
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

HITO-Communications Holdings 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.

HITO-Communications Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=873.00/799.58
=1.09

* 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.

HITO-Communications Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2026 is calculated as:

For example, HITO-Communications Holdings's adjusted Book Value per Share data for the three months ended in Feb. 2026 was:

Adj_Book=Book Value per Share/CPI of Feb. 2026 (Change)*Current CPI (Feb. 2026)
=963.793/112.2000*112.2000
=963.793

Current CPI (Feb. 2026) = 112.2000.

HITO-Communications Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201511 399.940 98.100 457.424
201602 418.994 97.800 480.686
201605 439.491 98.200 502.148
201608 450.664 97.900 516.491
201611 470.318 98.600 535.189
201702 493.454 98.100 564.379
201705 506.778 98.600 576.678
201708 519.821 98.500 592.121
201711 533.280 99.100 603.774
201802 515.534 99.500 581.336
201805 528.066 99.300 596.667
201808 521.432 99.800 586.219
201811 538.602 100.000 604.311
201905 579.697 100.000 650.420
201908 601.486 100.000 674.867
201911 620.817 100.500 693.091
202002 641.768 100.300 717.910
202005 647.857 100.100 726.169
202008 652.301 100.100 731.151
202011 692.484 99.500 780.871
202102 727.680 99.800 818.093
202105 758.112 99.400 855.736
202108 789.317 99.700 888.279
202111 841.217 100.100 942.903
202202 885.215 100.700 986.307
202205 918.843 101.800 1,012.713
202208 948.324 102.700 1,036.046
202211 974.610 103.900 1,052.466
202302 996.637 104.000 1,075.218
202305 1,008.743 105.100 1,076.888
202308 1,001.401 105.900 1,060.974
202311 1,011.826 106.900 1,061.991
202402 1,018.271 106.900 1,068.756
202405 992.826 108.100 1,030.482
202408 965.979 109.100 993.427
202502 975.787 110.800 988.116
202505 972.256 111.800 975.735
202508 973.658 112.100 974.527
202511 957.292 113.200 948.835
202602 963.793 112.200 963.793

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 1.09 mean?
HITO-Communications Holdings (TSE:4433) has a Cyclically Adjusted PB Ratio of 1.09 as of Sep. 01, 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 HITO-Communications Holdings and its competitors. This is 42% below median its historical median of 1.89. Over the past decade, HITO-Communications Holdings' Cyclically Adjusted PB Ratio has ranged from 1.04 to 6.05. According to the industry distribution chart, HITO-Communications Holdings ranks #257 out of 690 companies in the Business Services industry, placing it in the top 37.2%.
Is HITO-Communications Holdings' Cyclically Adjusted PB Ratio too high?
HITO-Communications Holdings' current Cyclically Adjusted PB Ratio of 1.09 is 42% below median its 10-year median of 1.89. Over the past 10 years, this metric has ranged from a low of 1.04 to a high of 6.05. The Business Services industry median Cyclically Adjusted PB Ratio is 1.52. HITO-Communications Holdings' value of 1.09 is 28.3% below this industry median. Based on the distribution chart, HITO-Communications Holdings ranks #257 out of 690 companies in the Business Services industry, which is above the industry midpoint. Overall, HITO-Communications Holdings has a GF Score™ of 57/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does HITO-Communications Holdings' Cyclically Adjusted PB Ratio compare to RHI and KFY?
According to the Business Services industry distribution chart, HITO-Communications Holdings ranks #257 out of 690 companies for Cyclically Adjusted PB Ratio. This puts HITO-Communications Holdings in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.52. HITO-Communications Holdings' value of 1.09 is 28.3% below this benchmark. Historically, HITO-Communications Holdings' own Cyclically Adjusted PB Ratio has ranged from 1.04 to 6.05 over the past decade. While the company's 10-year median is 1.89 vs. the industry median of 1.52, HITO-Communications Holdings 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 Business Services company?
The median Cyclically Adjusted PB Ratio among Business Services companies is 1.52, based on 690 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. HITO-Communications Holdings's current Cyclically Adjusted PB Ratio of 1.09 is 28.3% 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 HITO-Communications Holdings and its competitors. For the Business Services industry, the median Cyclically Adjusted PB Ratio is 1.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HITO-Communications Holdings's current Cyclically Adjusted PB Ratio is 1.09, which is 42% below median its own 10-year median of 1.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HITO-Communications Holdings stock overvalued right now?
Based on GuruFocus' analysis, HITO-Communications Holdings (TSE:4433) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,122.22, compared to a current price of 円873.00 — trading 22.2% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.09, which is 42% below median its 10-year median of 1.89 and 28.3% below the Business Services industry median of 1.52. HITO-Communications Holdings' overall GF Score™ is 57/100 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 HITO-Communications Holdings (TSE:4433), the current Cyclically Adjusted PB Ratio is 1.09 as of Sep. 01, 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 HITO-Communications Holdings (TSE:4433) Overvalued in 2026?

Based on GuruFocus' analysis, HITO-Communications Holdings stock appears to be undervalued. The current stock price of 円873.00 is trading 22.2% below its estimated GF Value™ of 円1,122.22. GuruFocus considers HITO-Communications Holdings to be Modestly Undervalued.

Key valuation signals for TSE:4433:

  • Cyclically Adjusted PB Ratio: 1.09 (42% below median its 10-year median of 1.89)
  • GF Value™: 円1,122.22 vs. price of 円873.00 (22.2% below fair value)
  • GF Score™: 57/100 with 4 warning signs
  • Industry Position: 28.3% below the Business Services median (#257 of 690)

No single metric tells the full story. See the TSE:4433 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


HITO-Communications Holdings Business Description

Address 1-9-6 Higashi-Ikebukuro, Toshima Ward, Tokyo, JPN, 170-0013
HITO-Communications Holdings Inc is engaged in business outsourcing industry placement and pay the general worker dispatching undertaking. Its services include Sales Outsourcing, Sales Promotion, Staffing services, and Tourism Staffing services among others.
57GF Score

Get the complete analysis for TSE:4433

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

円873.00
Price
円1,122.22
GF Value