TOW Co (TSE:4767) Cyclically Adjusted PB Ratio: 1.70 (As of Sep. 02, 2026) — Near Median

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TSE:4767 TOW Co Ltd TSE:4767
79 GF Score
Price 円396.00
GF Value 円394.70
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is TOW Co Cyclically Adjusted PB Ratio?

TOW Co TSE:4767 +0.25% 79 Cyclically Adjusted PB Ratio is 1.70 as of Sep. 02, 2026, which is 1% below its 10-year median of 1.72. GuruFocus rates TSE:4767 with a GF Score™ of 79/100 and a GF Value™ of 円394.70 (Fairly Valued). The stock has 2 warning signs investors should review. Among 656 Media - Diversified companies, TOW Co ranks worse than 68.14% on this metric.

As of today (2026-09-02), TOW Co's current share price is 円396.00. TOW Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円232.88. TOW Co's Cyclically Adjusted PB Ratio for today is 1.70.

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

TSE:4767' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.36   Med: 1.72   Max: 3.66
Current: 1.7

During the past years, TOW Co's highest Cyclically Adjusted PB Ratio was 3.66. The lowest was 1.36. And the median was 1.72.

TSE:4767's Cyclically Adjusted PB Ratio is ranked worse than
68.14% of 656 companies
in the Media - Diversified industry
Industry Median: 1.02 vs TSE:4767: 1.70

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.

TOW Co's adjusted book value per share data for the three months ended in Mar. 2026 was 円250.278. 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232.88 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


TOW Co  (TSE:4767) 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.


TOW Co Cyclically Adjusted PB Ratio Related Terms


TOW Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for TOW 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.

TOW Co Cyclically Adjusted PB Ratio Chart

TOW Co Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25 Jun26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.70 1.57 1.68 1.38 0.00

TOW Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 1.38 1.69 1.62 1.55 0.00

TSE:4767 vs APP, OMC, TTD: Cyclically Adjusted PB Ratio Comparison

For the Advertising Agencies subindustry, TOW 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.


TOW Co Cyclically Adjusted PB Ratio vs Media - Diversified Industry

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

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


TSE:4767
79GF Score
TOW Co Ltd TSE:4767
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TOW 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=396.00/232.88
=1.70

* 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.

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

For example, TOW 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)
=250.278/112.7000*112.7000
=250.278

Current CPI (Mar. 2026) = 112.7000.

TOW Co Quarterly Data

Book Value per Share CPI Adj_Book
201603 158.883 97.900 182.902
201606 161.562 98.100 185.607
201609 158.621 98.000 182.414
201612 170.857 98.400 195.687
201703 175.556 98.100 201.684
201706 180.654 98.500 206.698
201709 181.049 98.800 206.520
201712 198.934 99.400 225.552
201803 194.633 99.200 221.120
201806 196.199 99.200 222.899
201809 194.428 99.900 219.340
201812 203.287 99.700 229.794
201903 200.517 99.700 226.663
201906 209.547 99.800 236.633
201909 211.854 100.100 238.521
201912 226.508 100.500 254.004
202003 222.077 100.300 249.532
202006 228.242 99.900 257.486
202009 227.083 99.900 256.179
202012 231.798 99.300 263.078
202103 223.075 99.900 251.657
202106 229.542 99.500 259.994
202109 226.596 100.100 255.119
202112 234.289 100.100 263.780
202203 230.483 101.100 256.928
202206 231.893 101.800 256.722
202209 203.700 103.100 222.667
202212 213.401 104.100 231.031
202303 208.960 104.400 225.573
202306 209.258 105.200 224.177
202309 206.764 106.200 219.419
202312 222.541 106.800 234.835
202403 223.260 107.200 234.715
202406 229.015 108.200 238.540
202412 239.940 110.700 244.275
202503 237.184 111.100 240.600
202506 241.327 111.700 243.487
202509 241.074 112.000 242.581
202512 257.211 113.000 256.528
202603 250.278 112.700 250.278

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 1.70 mean?
TOW Co (TSE:4767) has a Cyclically Adjusted PB Ratio of 1.70 as of Sep. 02, 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 TOW Co and its competitors. This is near median its historical median of 1.72. Over the past decade, TOW Co's Cyclically Adjusted PB Ratio has ranged from 1.36 to 3.66. According to the industry distribution chart, TOW Co ranks #447 out of 656 companies in the Media - Diversified industry, placing it in the top 68.1%.
Is TOW Co's Cyclically Adjusted PB Ratio too high?
TOW Co's current Cyclically Adjusted PB Ratio of 1.70 is near median its 10-year median of 1.72. Over the past 10 years, this metric has ranged from a low of 1.36 to a high of 3.66. The Media - Diversified industry median Cyclically Adjusted PB Ratio is 1.02. TOW Co's value of 1.70 is 66.7% above this industry median. Based on the distribution chart, TOW Co ranks #447 out of 656 companies in the Media - Diversified industry, which is below the industry midpoint. Overall, TOW Co has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does TOW Co's Cyclically Adjusted PB Ratio compare to APP and OMC?
According to the Media - Diversified industry distribution chart, TOW Co ranks #447 out of 656 companies for Cyclically Adjusted PB Ratio. This places TOW Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.02. TOW Co's value of 1.70 is 66.7% above this benchmark. Historically, TOW Co's own Cyclically Adjusted PB Ratio has ranged from 1.36 to 3.66 over the past decade. While the company's 10-year median is 1.72 vs. the industry median of 1.02, TOW 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 Media - Diversified company?
The median Cyclically Adjusted PB Ratio among Media - Diversified companies is 1.02, based on 656 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. TOW Co's current Cyclically Adjusted PB Ratio of 1.70 is 66.7% 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 TOW Co and its competitors. For the Media - Diversified industry, the median Cyclically Adjusted PB Ratio is 1.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TOW Co's current Cyclically Adjusted PB Ratio is 1.70, which is near median its own 10-year median of 1.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TOW Co stock overvalued right now?
Based on GuruFocus' analysis, TOW Co (TSE:4767) is currently considered Fairly Valued. The stock's GF Value™ is 円394.70, compared to a current price of 円396.00 — trading 0.3% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.70, which is near median its 10-year median of 1.72 and 66.7% above the Media - Diversified industry median of 1.02. TOW Co's overall GF Score™ is 79/100 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 TOW Co (TSE:4767), the current Cyclically Adjusted PB Ratio is 1.70 as of Sep. 02, 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 TOW Co (TSE:4767) Overvalued in 2026?

Based on GuruFocus' analysis, TOW Co stock appears to be overvalued. The current stock price of 円396.00 is trading 0.3% above its estimated GF Value™ of 円394.70. GuruFocus considers TOW Co to be Fairly Valued.

Key valuation signals for TSE:4767:

  • Cyclically Adjusted PB Ratio: 1.70 (near median its 10-year median of 1.72)
  • GF Value™: 円394.70 vs. price of 円396.00 (0.3% above fair value)
  • GF Score™: 79/100 with 2 warning signs
  • Industry Position: 66.7% above the Media - Diversified median (#447 of 656)

No single metric tells the full story. See the TSE:4767 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


TOW Co Business Description

Address Chome No. 3 No. 13 Hulic Kamiyacho building 3 Floor, Toranomon, Minato-ku, Tokyo, JPN, 105-0001
TOW Co Ltd is a Japan-based company mainly engaged in the management, production, and planning of events. It also provides promotions and public relation services to the companies. The company has operations in Japan and overseas.
79GF Score

Get the complete analysis for TSE:4767

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

円396.00
Price
円394.70
GF Value