Meiko Network Japan Co (TSE:4668) Cyclically Adjusted PB Ratio: (As of Aug. 07, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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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:4668 Meiko Network Japan Co Ltd TSE:4668
86 GF Score
Price 円765.00
GF Value 円832.90
Valuation Fairly Valued
! 3 Warning Signs
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What is Meiko Network Japan Co Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Meiko Network Japan Co  (TSE:4668) 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.


Meiko Network Japan Co Cyclically Adjusted PB Ratio Related Terms


Meiko Network Japan Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Meiko Network Japan 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.

Meiko Network Japan Co Cyclically Adjusted PB Ratio Chart

Meiko Network Japan Co 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 1.21 1.24 1.29 1.36 1.45

Meiko Network Japan Co 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 0.00 1.45 0.00 0.00 0.00

TSE:4668 vs EDU, TAL, LAUR: Cyclically Adjusted PB Ratio Comparison

For the Education & Training Services subindustry, Meiko Network Japan 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.


Meiko Network Japan Co Cyclically Adjusted PB Ratio vs Education Industry

For the Education industry and Consumer Defensive sector, Meiko Network Japan Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Meiko Network Japan Co's Cyclically Adjusted PB Ratio falls into.


TSE:4668
86GF Score
Meiko Network Japan Co Ltd TSE:4668
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Meiko Network Japan 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.

Meiko Network Japan Co's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2026 is calculated as:

For example, Meiko Network Japan Co'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)
=504.695/112.2000*112.2000
=504.695

Current CPI (Feb. 2026) = 112.2000.

Meiko Network Japan Co Quarterly Data

Book Value per Share CPI Adj_Book
201602 475.299 97.800 545.282
201605 444.336 98.200 507.683
201608 494.445 97.900 566.667
201611 491.257 98.600 559.017
201702 546.560 98.100 625.118
201705 517.795 98.600 589.215
201708 541.911 98.500 617.283
201711 541.521 99.100 613.105
201802 562.081 99.500 633.824
201805 531.640 99.300 600.705
201808 538.653 99.800 605.580
201811 531.310 100.000 596.130
201902 561.283 99.700 631.654
201905 516.775 100.000 579.822
201908 542.155 100.000 608.298
201911 553.978 100.500 618.471
202002 568.626 100.300 636.090
202005 518.620 100.100 581.310
202008 377.611 100.100 423.256
202011 374.661 99.500 422.482
202102 390.528 99.800 439.051
202105 379.286 99.400 428.128
202108 399.577 99.700 449.674
202111 415.564 100.100 465.797
202202 440.241 100.700 490.517
202205 413.291 101.800 455.513
202208 418.370 102.700 457.070
202211 411.899 103.900 444.803
202302 438.886 104.000 473.490
202305 418.843 105.100 447.138
202308 441.981 105.900 468.274
202311 434.208 106.900 455.736
202402 458.332 106.900 481.056
202405 415.612 108.100 431.375
202408 431.716 109.100 443.983
202502 478.261 110.800 484.304
202505 465.431 111.800 467.096
202508 498.100 112.100 498.544
202511 488.561 113.200 484.245
202602 504.695 112.200 504.695

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.

Is Meiko Network Japan Co (TSE:4668) Overvalued in 2026?

Based on GuruFocus' analysis, Meiko Network Japan Co stock appears to be undervalued. The current stock price of 円765.00 is trading 8.2% below its estimated GF Value™ of 円832.90. GuruFocus considers Meiko Network Japan Co to be Fairly Valued.

Key valuation signals for TSE:4668:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: 円832.90 vs. price of 円765.00 (8.2% below fair value)
  • GF Score™: 86/100 with 3 warning signs

No single metric tells the full story. See the TSE:4668 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Meiko Network Japan Co Business Description

Address 7-20-1 Nishi-Shinjuku, 29th Floor/30th Floor, Sumitomo Fudosan Nishi-Shinjuku Building, Tokyo, JPN, 160-0023
Meiko Network Japan Co Ltd provides educational services. The company's business is divided into Meiko Gijuku Business Activities which operates schools for children of all ages from elementary school to university entrance examination. Medical Cram School Business Activities include a school for medicine-related university entrance examination, and Other Business Activities comprises of Soccer schools for preschool children elementary and junior high school students, individual tutoring cram schools, extended-hours cram schools, and others.
86GF Score

Get the complete analysis for TSE:4668

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

円765.00
Price
円832.90
GF Value