SD Entertainment (TSE:4650) Cyclically Adjusted PB Ratio: 1.21 (As of Aug. 09, 2026) — Near Median

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TSE:4650 SD Entertainment Inc TSE:4650
49 GF Score
Price 円273.00
GF Value 円390.26
Valuation Possible Value Trap
! 2 Warning Signs
View Full Analysis

What is SD Entertainment Cyclically Adjusted PB Ratio?

SD Entertainment TSE:4650 +1.11% 49 Cyclically Adjusted PB Ratio is 1.21 as of Aug. 09, 2026, which is 5% below its 10-year median of 1.28. GuruFocus rates TSE:4650 with a GF Score™ of 49/100 and a GF Value™ of 円390.26 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 700 Media - Diversified companies, SD Entertainment ranks worse than 57% on this metric.

As of today (2026-08-09), SD Entertainment's current share price is 円273.00. SD Entertainment's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円224.77. SD Entertainment's Cyclically Adjusted PB Ratio for today is 1.21.

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

TSE:4650' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.14   Med: 1.28   Max: 3.45
Current: 1.21

During the past years, SD Entertainment's highest Cyclically Adjusted PB Ratio was 3.45. The lowest was 1.14. And the median was 1.28.

TSE:4650's Cyclically Adjusted PB Ratio is ranked worse than
57% of 700 companies
in the Media - Diversified industry
Industry Median: 0.97 vs TSE:4650: 1.21

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.

SD Entertainment's adjusted book value per share data for the three months ended in Mar. 2026 was 円201.314. 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224.77 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


SD Entertainment  (TSE:4650) 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.


SD Entertainment Cyclically Adjusted PB Ratio Related Terms


SD Entertainment Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for SD Entertainment'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.

SD Entertainment Cyclically Adjusted PB Ratio Chart

SD Entertainment 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 1.30 1.17 1.27 1.21 1.17

SD Entertainment 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 1.21 1.21 1.30 1.33 1.17

TSE:4650 vs NFLX, DIS, WBD: Cyclically Adjusted PB Ratio Comparison

For the Entertainment subindustry, SD Entertainment'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.


SD Entertainment Cyclically Adjusted PB Ratio vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, SD Entertainment's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TSE:4650
49GF Score
SD Entertainment Inc TSE:4650
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SD Entertainment 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.

SD Entertainment's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=273.00/224.77
=1.21

* 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.

SD Entertainment's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, SD Entertainment's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=201.314/112.7000*112.7000
=201.314

Current CPI (Mar. 2026) = 112.7000.

SD Entertainment Quarterly Data

Book Value per Share CPI Adj_Book
201512 246.557 98.100 283.252
201603 245.924 97.900 283.101
201606 237.147 98.100 272.441
201609 240.125 98.000 276.144
201612 233.386 98.400 267.303
201703 258.382 98.100 296.836
201706 246.735 98.500 282.305
201709 241.312 98.800 275.262
201712 234.594 99.400 265.983
201803 260.285 99.200 295.707
201806 242.314 99.200 275.290
201809 235.884 99.900 266.107
201812 402.725 99.700 455.237
201903 224.398 99.700 253.658
201906 223.166 99.800 252.012
201909 226.451 100.100 254.955
201912 226.775 100.500 254.304
202003 234.113 100.300 263.056
202006 211.644 99.900 238.762
202009 190.259 99.900 214.637
202012 177.579 99.300 201.542
202103 168.674 99.900 190.286
202106 146.147 99.500 165.535
202109 136.757 100.100 153.971
202112 135.022 100.100 152.018
202203 175.352 101.100 195.472
202206 166.708 101.800 184.558
202209 150.626 103.100 164.651
202212 148.710 104.100 160.995
202303 153.526 104.400 165.732
202306 151.694 105.200 162.509
202309 150.663 106.200 159.884
202312 151.528 106.800 159.899
202403 166.762 107.200 175.318
202406 164.648 108.200 171.496
202409 164.046 108.900 169.770
202503 177.000 111.100 179.549
202509 169.846 112.000 170.908
202512 179.543 113.000 179.066
202603 201.314 112.700 201.314

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 1.21 mean?
SD Entertainment (TSE:4650) has a Cyclically Adjusted PB Ratio of 1.21 as of Aug. 09, 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 SD Entertainment and its competitors. This is near median its historical median of 1.28. Over the past decade, SD Entertainment's Cyclically Adjusted PB Ratio has ranged from 1.14 to 3.45. According to the industry distribution chart, SD Entertainment ranks #399 out of 700 companies in the Media - Diversified industry, placing it in the top 57%.
Is SD Entertainment's Cyclically Adjusted PB Ratio too high?
SD Entertainment's current Cyclically Adjusted PB Ratio of 1.21 is near median its 10-year median of 1.28. Over the past 10 years, this metric has ranged from a low of 1.14 to a high of 3.45. The Media - Diversified industry median Cyclically Adjusted PB Ratio is 0.97. SD Entertainment's value of 1.21 is 24.7% above this industry median. Based on the distribution chart, SD Entertainment ranks #399 out of 700 companies in the Media - Diversified industry, which is below the industry midpoint. Overall, SD Entertainment has a GF Score™ of 49/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does SD Entertainment's Cyclically Adjusted PB Ratio compare to NFLX and DIS?
According to the Media - Diversified industry distribution chart, SD Entertainment ranks #399 out of 700 companies for Cyclically Adjusted PB Ratio. This places SD Entertainment in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.97. SD Entertainment's value of 1.21 is 24.7% above this benchmark. Historically, SD Entertainment's own Cyclically Adjusted PB Ratio has ranged from 1.14 to 3.45 over the past decade. While the company's 10-year median is 1.28 vs. the industry median of 0.97, SD Entertainment 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 Media - Diversified company?
The median Cyclically Adjusted PB Ratio among Media - Diversified companies is 0.97, based on 700 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. SD Entertainment's current Cyclically Adjusted PB Ratio of 1.21 is 24.7% 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 SD Entertainment and its competitors. For the Media - Diversified industry, the median Cyclically Adjusted PB Ratio is 0.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SD Entertainment's current Cyclically Adjusted PB Ratio is 1.21, which is near median its own 10-year median of 1.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SD Entertainment stock overvalued right now?
Based on GuruFocus' analysis, SD Entertainment (TSE:4650) is currently considered Possible Value Trap. The stock's GF Value™ is 円390.26, compared to a current price of 円273.00 — trading 30% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.21, which is near median its 10-year median of 1.28 and 24.7% above the Media - Diversified industry median of 0.97. SD Entertainment's overall GF Score™ is 49/100 with 2 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 SD Entertainment (TSE:4650), the current Cyclically Adjusted PB Ratio is 1.21 as of Aug. 09, 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 SD Entertainment (TSE:4650) Overvalued in 2026?

Based on GuruFocus' analysis, SD Entertainment stock appears to be undervalued. The current stock price of 円273.00 is trading 30% below its estimated GF Value™ of 円390.26. GuruFocus considers SD Entertainment to be Possible Value Trap.

Key valuation signals for TSE:4650:

  • Cyclically Adjusted PB Ratio: 1.21 (near median its 10-year median of 1.28)
  • GF Value™: 円390.26 vs. price of 円273.00 (30% below fair value)
  • GF Score™: 49/100 with 2 warning signs
  • Industry Position: 24.7% above the Media - Diversified median (#399 of 700)

No single metric tells the full story. See the TSE:4650 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


SD Entertainment Business Description

Address 8-1, North, Nango-dori, Shiroishi-ku, Sapporo, JPN
SD Entertainment Inc, formerly Sugai Entertainment Co., Ltd, promotes management reforms, including site structural and advertising reforms.
49GF Score

Get the complete analysis for TSE:4650

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

円273.00
Price
円390.26
GF Value