Valtes Holdings Co (TSE:4442) Cyclically Adjusted PB Ratio: 4.33 (As of Aug. 15, 2026) — Near Median

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TSE:4442 Valtes Holdings Co Ltd TSE:4442
86 GF Score
Price 円397.00
GF Value 円566.81
Valuation Significantly Undervalued
! 1 Warning Sign
View Full Analysis

What is Valtes Holdings Co Cyclically Adjusted PB Ratio?

Valtes Holdings Co TSE:4442 -0.50% 86 Cyclically Adjusted PB Ratio is 4.33 as of Aug. 15, 2026, which is 2% below its 10-year median of 4.41. GuruFocus rates TSE:4442 with a GF Score™ of 86/100 and a GF Value™ of 円566.81 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 1,552 Software companies, Valtes Holdings Co ranks worse than 71.78% on this metric.

As of today (2026-08-15), Valtes Holdings Co's current share price is 円397.00. Valtes Holdings Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar26 was 円91.74. Valtes Holdings Co's Cyclically Adjusted PB Ratio for today is 4.33.

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

TSE:4442' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 4.09   Med: 4.41   Max: 4.56
Current: 4.46

During the past 10 years, Valtes Holdings Co's highest Cyclically Adjusted PB Ratio was 4.56. The lowest was 4.09. And the median was 4.41.

TSE:4442's Cyclically Adjusted PB Ratio is ranked worse than
71.78% of 1552 companies
in the Software industry
Industry Median: 2.315 vs TSE:4442: 4.46

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.

Valtes Holdings Co's adjusted book value per share data of for the fiscal year that ended in Mar26 was 円183.208. 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91.74 for the trailing ten years ended in Mar26.

Shiller PE for Stocks: The True Measure of Stock Valuation


Valtes Holdings Co  (TSE:4442) 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.


Valtes Holdings Co Cyclically Adjusted PB Ratio Related Terms


Valtes Holdings Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Valtes Holdings 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.

Valtes Holdings Co Cyclically Adjusted PB Ratio Chart

Valtes Holdings Co 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 0.00 0.00 0.00 0.00 4.37

Valtes Holdings Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Mar25 Jun25 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 0.00 0.00 4.37

TSE:4442 vs IBM, ACN, FISV: Cyclically Adjusted PB Ratio Comparison

For the Information Technology Services subindustry, Valtes Holdings 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.


Valtes Holdings Co Cyclically Adjusted PB Ratio vs Software Industry

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

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


TSE:4442
86GF Score
Valtes Holdings Co Ltd TSE:4442
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Valtes Holdings 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=397.00/91.74
=4.33

* 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.

Valtes Holdings Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar26 is calculated as:

For example, Valtes Holdings Co's adjusted Book Value per Share data for the fiscal year that ended in Mar26 was:

Adj_Book=Book Value per Share/CPI of Mar26 (Change)*Current CPI (Mar26)
=183.208/112.7000*112.7000
=183.208

Current CPI (Mar26) = 112.7000.

Valtes Holdings Co Annual Data

Book Value per Share CPI Adj_Book
201703 13.271 98.100 15.246
201803 13.231 99.200 15.032
201903 20.501 99.700 23.174
202003 60.087 100.300 67.516
202103 72.187 99.900 81.436
202203 84.285 101.100 93.956
202303 117.533 104.400 126.877
202403 139.451 107.200 146.606
202503 161.984 111.100 164.317
202603 183.208 112.700 183.208

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 4.33 mean?
Valtes Holdings Co (TSE:4442) has a Cyclically Adjusted PB Ratio of 4.33 as of Aug. 15, 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 Valtes Holdings Co and its competitors. This is near median its historical median of 4.41. Over the past decade, Valtes Holdings Co's Cyclically Adjusted PB Ratio has ranged from 4.09 to 4.56. According to the industry distribution chart, Valtes Holdings Co ranks #1114 out of 1552 companies in the Software industry, placing it in the top 71.8%.
Is Valtes Holdings Co's Cyclically Adjusted PB Ratio too high?
Valtes Holdings Co's current Cyclically Adjusted PB Ratio of 4.33 is near median its 10-year median of 4.41. Over the past 10 years, this metric has ranged from a low of 4.09 to a high of 4.56. The Software industry median Cyclically Adjusted PB Ratio is 2.32. Valtes Holdings Co's value of 4.33 is 87% above this industry median. Based on the distribution chart, Valtes Holdings Co ranks #1114 out of 1552 companies in the Software industry, which is below the industry midpoint. Overall, Valtes Holdings Co has a GF Score™ of 86/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Valtes Holdings Co's Cyclically Adjusted PB Ratio compare to IBM and ACN?
According to the Software industry distribution chart, Valtes Holdings Co ranks #1114 out of 1552 companies for Cyclically Adjusted PB Ratio. This places Valtes Holdings Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.32. Valtes Holdings Co's value of 4.33 is 87% above this benchmark. Historically, Valtes Holdings Co's own Cyclically Adjusted PB Ratio has ranged from 4.09 to 4.56 over the past decade. While the company's 10-year median is 4.41 vs. the industry median of 2.32, Valtes Holdings Co 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 a Software company?
The median Cyclically Adjusted PB Ratio among Software companies is 2.32, based on 1,552 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. Valtes Holdings Co's current Cyclically Adjusted PB Ratio of 4.33 is 87% 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 Valtes Holdings Co and its competitors. For the Software industry, the median Cyclically Adjusted PB Ratio is 2.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Valtes Holdings Co's current Cyclically Adjusted PB Ratio is 4.33, which is near median its own 10-year median of 4.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Valtes Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Valtes Holdings Co (TSE:4442) is currently considered Significantly Undervalued. The stock's GF Value™ is 円566.81, compared to a current price of 円397.00 — trading 30% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 4.33, which is near median its 10-year median of 4.41 and 87% above the Software industry median of 2.32. Valtes Holdings Co's overall GF Score™ is 86/100 with 1 warning sign 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 Valtes Holdings Co (TSE:4442), the current Cyclically Adjusted PB Ratio is 4.33 as of Aug. 15, 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 Valtes Holdings Co (TSE:4442) Overvalued in 2026?

Based on GuruFocus' analysis, Valtes Holdings Co stock appears to be undervalued. The current stock price of 円397.00 is trading 30% below its estimated GF Value™ of 円566.81. GuruFocus considers Valtes Holdings Co to be Significantly Undervalued.

Key valuation signals for TSE:4442:

  • Cyclically Adjusted PB Ratio: 4.33 (near median its 10-year median of 4.41)
  • GF Value™: 円566.81 vs. price of 円397.00 (30% below fair value)
  • GF Score™: 86/100 with 1 warning sign
  • Industry Position: 87% above the Software median (#1114 of 1552)

No single metric tells the full story. See the TSE:4442 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Valtes Holdings Co Business Description

Address 1-3-15 Awaza, Kanden Real Estate Nishihonmachi Building, 8th Floor, Nishi-ku, Osaka, JPN, 550-0011
Valtes Holdings Co Ltd offers testing services to products and processes. It provides Software testing, Content testing and Software Testing Consultationservices.
86GF Score

Get the complete analysis for TSE:4442

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

円397.00
Price
円566.81
GF Value