Showa System Engineering (TSE:4752) Cyclically Adjusted PB Ratio: 1.67 (As of Aug. 13, 2026) — 25% Above Median

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TSE:4752 Showa System Engineering Corp TSE:4752
72 GF Score
Price 円1,598.00
GF Value 円1,588.70
Valuation Fairly Valued
View Full Analysis

What is Showa System Engineering Cyclically Adjusted PB Ratio?

Showa System Engineering TSE:4752 +3.10% 72 Cyclically Adjusted PB Ratio is 1.67 as of Aug. 13, 2026, which is 25% above its 10-year median of 1.34. GuruFocus rates TSE:4752 with a GF Score™ of 72/100 and a GF Value™ of 円1,588.70 (Fairly Valued). Among 1,551 Software companies, Showa System Engineering ranks better than 62.48% on this metric.

As of today (2026-08-13), Showa System Engineering's current share price is 円1598.00. Showa System Engineering's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円956.00. Showa System Engineering's Cyclically Adjusted PB Ratio for today is 1.67.

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

TSE:4752' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.96   Med: 1.34   Max: 1.89
Current: 1.59

During the past years, Showa System Engineering's highest Cyclically Adjusted PB Ratio was 1.89. The lowest was 0.96. And the median was 1.34.

TSE:4752's Cyclically Adjusted PB Ratio is ranked better than
62.48% of 1551 companies
in the Software industry
Industry Median: 2.31 vs TSE:4752: 1.59

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.

Showa System Engineering's adjusted book value per share data for the three months ended in Mar. 2026 was 円1,379.347. 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956.00 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Showa System Engineering  (TSE:4752) 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.


Showa System Engineering Cyclically Adjusted PB Ratio Related Terms


Showa System Engineering Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Showa System Engineering'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.

Showa System Engineering Cyclically Adjusted PB Ratio Chart

Showa System Engineering 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 1.12 1.31 1.72 1.57 1.69

Showa System Engineering 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 1.57 1.61 1.75 1.75 1.69

TSE:4752 vs IBM, ACN, FISV: Cyclically Adjusted PB Ratio Comparison

For the Information Technology Services subindustry, Showa System Engineering'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.


Showa System Engineering Cyclically Adjusted PB Ratio vs Software Industry

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

* The bar in red indicates where Showa System Engineering's Cyclically Adjusted PB Ratio falls into.


TSE:4752
72GF Score
Showa System Engineering Corp TSE:4752
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Showa System Engineering 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.

Showa System Engineering's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1598.00/956.00
=1.67

* 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.

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

For example, Showa System Engineering'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)
=1379.347/112.7000*112.7000
=1,379.347

Current CPI (Mar. 2026) = 112.7000.

Showa System Engineering Quarterly Data

Book Value per Share CPI Adj_Book
201603 565.789 97.900 651.322
201606 558.833 98.100 642.003
201609 572.971 98.000 658.917
201612 599.565 98.400 686.697
201703 613.016 98.100 704.250
201706 604.642 98.500 691.809
201709 645.286 98.800 736.070
201712 664.685 99.400 753.622
201803 676.556 99.200 768.628
201806 674.204 99.200 765.956
201809 698.207 99.900 787.667
201812 712.147 99.700 805.005
201903 727.007 99.700 821.802
201906 722.749 99.800 816.170
201909 746.618 100.100 840.598
201912 772.677 100.500 866.475
202003 777.562 100.300 873.691
202006 779.724 99.900 879.629
202009 803.830 99.900 906.823
202012 825.934 99.300 937.389
202103 839.158 99.900 946.678
202106 836.001 99.500 946.908
202109 863.831 100.100 972.565
202112 892.927 100.100 1,005.323
202203 917.466 101.100 1,022.734
202206 909.292 101.800 1,006.652
202209 953.642 103.100 1,042.439
202212 985.020 104.100 1,066.395
202303 1,008.509 104.400 1,088.687
202306 1,013.756 105.200 1,086.029
202309 1,066.712 106.200 1,132.000
202312 1,099.959 106.800 1,160.725
202403 1,138.547 107.200 1,196.961
202406 1,134.350 108.200 1,181.527
202409 1,179.036 108.900 1,220.178
202503 1,247.997 111.100 1,265.970
202506 1,251.776 111.700 1,262.983
202509 1,305.927 112.000 1,314.089
202512 1,350.889 113.000 1,347.303
202603 1,379.347 112.700 1,379.347

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 1.67 mean?
Showa System Engineering (TSE:4752) has a Cyclically Adjusted PB Ratio of 1.67 as of Aug. 13, 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 Showa System Engineering and its competitors. This is 25% above median its historical median of 1.34. Over the past decade, Showa System Engineering's Cyclically Adjusted PB Ratio has ranged from 0.96 to 1.89. According to the industry distribution chart, Showa System Engineering ranks #582 out of 1551 companies in the Software industry, placing it in the top 37.5%.
Is Showa System Engineering's Cyclically Adjusted PB Ratio too high?
Showa System Engineering's current Cyclically Adjusted PB Ratio of 1.67 is 25% above median its 10-year median of 1.34. Over the past 10 years, this metric has ranged from a low of 0.96 to a high of 1.89. The Software industry median Cyclically Adjusted PB Ratio is 2.31. Showa System Engineering's value of 1.67 is 27.7% below this industry median. Based on the distribution chart, Showa System Engineering ranks #582 out of 1551 companies in the Software industry, which is above the industry midpoint. Overall, Showa System Engineering has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Showa System Engineering's Cyclically Adjusted PB Ratio compare to IBM and ACN?
According to the Software industry distribution chart, Showa System Engineering ranks #582 out of 1551 companies for Cyclically Adjusted PB Ratio. This puts Showa System Engineering in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.31. Showa System Engineering's value of 1.67 is 27.7% below this benchmark. Historically, Showa System Engineering's own Cyclically Adjusted PB Ratio has ranged from 0.96 to 1.89 over the past decade. While the company's 10-year median is 1.34 vs. the industry median of 2.31, Showa System Engineering 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 2.31, based on 1,551 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. Showa System Engineering's current Cyclically Adjusted PB Ratio of 1.67 is 27.7% 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 Showa System Engineering and its competitors. For the Software industry, the median Cyclically Adjusted PB Ratio is 2.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Showa System Engineering's current Cyclically Adjusted PB Ratio is 1.67, which is 25% above median its own 10-year median of 1.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Showa System Engineering stock overvalued right now?
Based on GuruFocus' analysis, Showa System Engineering (TSE:4752) is currently considered Fairly Valued. The stock's GF Value™ is 円1,588.70, compared to a current price of 円1,598.00 — trading 0.6% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.67, which is 25% above median its 10-year median of 1.34 and 27.7% below the Software industry median of 2.31. Showa System Engineering's overall GF Score™ is 72/100. 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 Showa System Engineering (TSE:4752), the current Cyclically Adjusted PB Ratio is 1.67 as of Aug. 13, 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 Showa System Engineering (TSE:4752) Overvalued in 2026?

Based on GuruFocus' analysis, Showa System Engineering stock appears to be overvalued. The current stock price of 円1,598.00 is trading 0.6% above its estimated GF Value™ of 円1,588.70. GuruFocus considers Showa System Engineering to be Fairly Valued.

Key valuation signals for TSE:4752:

  • Cyclically Adjusted PB Ratio: 1.67 (25% above median its 10-year median of 1.34)
  • GF Value™: 円1,588.70 vs. price of 円1,598.00 (0.6% above fair value)
  • GF Score™: 72/100
  • Industry Position: 27.7% below the Software median (#582 of 1551)

No single metric tells the full story. See the TSE:4752 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Showa System Engineering Business Description

Address 1-5 Kodenmacho, Nihonbashi, PMO Nihonbashi Edo-dori, Chuo-ku, Tokyo, JPN, 103-0001
Showa System Engineering Corp is engaged in development of information systems, system integration, consulting, software design, and development related to corporate computer systems. The company also provides business support services to various industries, such as administrative services for financial institutions, medical checkup reservations, and scanning services.
72GF Score

Get the complete analysis for TSE:4752

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

円1,598.00
Price
円1,588.70
GF Value