Aisan Technology Co (TSE:4667) Cyclically Adjusted PB Ratio: 1.65 (As of Aug. 08, 2026) — 38% Below Median

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TSE:4667 Aisan Technology Co Ltd TSE:4667
80 GF Score
Price 円1,746.00
GF Value 円2,470.74
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Aisan Technology Co Cyclically Adjusted PB Ratio?

Aisan Technology Co TSE:4667 -4.33% 80 Cyclically Adjusted PB Ratio is 1.65 as of Aug. 08, 2026, which is 38% below its 10-year median of 2.65. GuruFocus rates TSE:4667 with a GF Score™ of 80/100 and a GF Value™ of 円2,470.74 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,564 Software companies, Aisan Technology Co ranks better than 59.85% on this metric.

As of today (2026-08-08), Aisan Technology Co's current share price is 円1746.00. Aisan Technology Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円1,057.89. Aisan Technology Co's Cyclically Adjusted PB Ratio for today is 1.65.

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

TSE:4667' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.2   Med: 2.65   Max: 9.77
Current: 1.68

During the past years, Aisan Technology Co's highest Cyclically Adjusted PB Ratio was 9.77. The lowest was 1.20. And the median was 2.65.

TSE:4667's Cyclically Adjusted PB Ratio is ranked better than
59.85% of 1564 companies
in the Software industry
Industry Median: 2.245 vs TSE:4667: 1.68

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.

Aisan Technology Co's adjusted book value per share data for the three months ended in Mar. 2026 was 円1,233.835. 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1,057.89 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Aisan Technology Co  (TSE:4667) 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.


Aisan Technology Co Cyclically Adjusted PB Ratio Related Terms


Aisan Technology Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Aisan Technology 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.

Aisan Technology Co Cyclically Adjusted PB Ratio Chart

Aisan Technology 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 2.88 3.32 1.93 1.52 1.62

Aisan Technology 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 1.52 1.37 1.52 1.89 1.62

TSE:4667 vs MSFT, ORCL, PLTR: Cyclically Adjusted PB Ratio Comparison

For the Software - Infrastructure subindustry, Aisan Technology 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.


Aisan Technology Co Cyclically Adjusted PB Ratio vs Software Industry

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

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


TSE:4667
80GF Score
Aisan Technology Co Ltd TSE:4667
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Aisan Technology 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.

Aisan Technology Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1746.00/1057.89
=1.65

* 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.

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

For example, Aisan Technology Co'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)
=1233.835/112.7000*112.7000
=1,233.835

Current CPI (Mar. 2026) = 112.7000.

Aisan Technology Co Quarterly Data

Book Value per Share CPI Adj_Book
201603 372.362 97.900 428.654
201606 355.597 98.100 408.520
201609 370.235 98.000 425.770
201612 375.793 98.400 430.405
201703 811.248 98.100 931.984
201706 819.877 98.500 938.072
201709 863.077 98.800 984.502
201712 861.662 99.400 976.955
201803 876.957 99.200 996.301
201806 884.840 99.200 1,005.257
201809 966.539 99.900 1,090.380
201812 963.396 99.700 1,089.014
201903 986.778 99.700 1,115.445
201906 985.797 99.800 1,113.220
201909 1,004.781 100.100 1,131.257
201912 1,008.023 100.500 1,130.390
202003 1,033.533 100.300 1,161.308
202006 1,024.377 99.900 1,155.629
202009 1,029.037 99.900 1,160.886
202012 1,031.265 99.300 1,170.429
202103 1,047.297 99.900 1,181.485
202106 1,050.913 99.500 1,190.331
202109 1,052.150 100.100 1,184.588
202112 1,049.284 100.100 1,181.362
202203 1,057.314 101.100 1,178.628
202206 1,050.064 101.800 1,162.497
202209 1,053.604 103.100 1,151.709
202212 1,050.921 104.100 1,137.741
202303 1,089.320 104.400 1,175.923
202306 1,075.579 105.200 1,152.260
202309 1,089.157 106.200 1,155.819
202312 1,086.034 106.800 1,146.030
202403 1,138.741 107.200 1,197.165
202406 1,120.241 108.200 1,166.831
202409 1,128.100 108.900 1,167.464
202503 1,181.276 111.100 1,198.288
202506 1,144.901 111.700 1,155.151
202509 1,165.518 112.000 1,172.802
202512 1,184.325 113.000 1,181.181
202603 1,233.835 112.700 1,233.835

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 1.65 mean?
Aisan Technology Co (TSE:4667) has a Cyclically Adjusted PB Ratio of 1.65 as of Aug. 08, 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 Aisan Technology Co and its competitors. This is 38% below median its historical median of 2.65. Over the past decade, Aisan Technology Co's Cyclically Adjusted PB Ratio has ranged from 1.20 to 9.77. According to the industry distribution chart, Aisan Technology Co ranks #628 out of 1564 companies in the Software industry, placing it in the top 40.2%.
Is Aisan Technology Co's Cyclically Adjusted PB Ratio too high?
Aisan Technology Co's current Cyclically Adjusted PB Ratio of 1.65 is 38% below median its 10-year median of 2.65. Over the past 10 years, this metric has ranged from a low of 1.20 to a high of 9.77. The Software industry median Cyclically Adjusted PB Ratio is 2.25. Aisan Technology Co's value of 1.65 is 26.5% below this industry median. Based on the distribution chart, Aisan Technology Co ranks #628 out of 1564 companies in the Software industry, which is above the industry midpoint. Overall, Aisan Technology Co has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Aisan Technology Co's Cyclically Adjusted PB Ratio compare to MSFT and ORCL?
According to the Software industry distribution chart, Aisan Technology Co ranks #628 out of 1564 companies for Cyclically Adjusted PB Ratio. This puts Aisan Technology Co in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.25. Aisan Technology Co's value of 1.65 is 26.5% below this benchmark. Historically, Aisan Technology Co's own Cyclically Adjusted PB Ratio has ranged from 1.20 to 9.77 over the past decade. While the company's 10-year median is 2.65 vs. the industry median of 2.25, Aisan Technology Co 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 Software company?
The median Cyclically Adjusted PB Ratio among Software companies is 2.25, based on 1,564 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. Aisan Technology Co's current Cyclically Adjusted PB Ratio of 1.65 is 26.5% 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 Aisan Technology Co and its competitors. For the Software industry, the median Cyclically Adjusted PB Ratio is 2.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aisan Technology Co's current Cyclically Adjusted PB Ratio is 1.65, which is 38% below median its own 10-year median of 2.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aisan Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Aisan Technology Co (TSE:4667) is currently considered Modestly Undervalued. The stock's GF Value™ is 円2,470.74, compared to a current price of 円1,746.00 — trading 29.3% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.65, which is 38% below median its 10-year median of 2.65 and 26.5% below the Software industry median of 2.25. Aisan Technology Co's overall GF Score™ is 80/100 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 Aisan Technology Co (TSE:4667), the current Cyclically Adjusted PB Ratio is 1.65 as of Aug. 08, 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 Aisan Technology Co (TSE:4667) Overvalued in 2026?

Based on GuruFocus' analysis, Aisan Technology Co stock appears to be undervalued. The current stock price of 円1,746.00 is trading 29.3% below its estimated GF Value™ of 円2,470.74. GuruFocus considers Aisan Technology Co to be Modestly Undervalued.

Key valuation signals for TSE:4667:

  • Cyclically Adjusted PB Ratio: 1.65 (38% below median its 10-year median of 2.65)
  • GF Value™: 円2,470.74 vs. price of 円1,746.00 (29.3% below fair value)
  • GF Score™: 80/100 with 2 warning signs
  • Industry Position: 26.5% below the Software median (#628 of 1564)

No single metric tells the full story. See the TSE:4667 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Aisan Technology Co Business Description

Address AT Building Nishiki 3 - chome Naka - ku, Nagoya City, Naka-ku, JPN, 460-0003
Aisan Technology Co Ltd designs, develops sells and maintains CAD systems for surveying, civil engineering, construction surveying & public registration. The company also provides services like a Geodetic solution, Measuring instruments solution business, High precision 3D space information solution business, ITS solution business, Research and development activities, and others.
80GF Score

Get the complete analysis for TSE:4667

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

円1,746.00
Price
円2,470.74
GF Value