Cybozu (TSE:4776) Cyclically Adjusted PB Ratio: 17.43 (As of Sep. 16, 2026) — 11% Below Median

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TSE:4776 Cybozu Inc TSE:4776
98 GF Score
Price 円3,070.00
GF Value 円3,363.45
Valuation Fairly Valued
View Full Analysis

What is Cybozu Cyclically Adjusted PB Ratio?

Cybozu TSE:4776 98 Cyclically Adjusted PB Ratio is 17.43 as of Sep. 16, 2026, which is 11% below its 10-year median of 19.62. GuruFocus rates TSE:4776 with a GF Score™ of 98/100 and a GF Value™ of 円3,363.45 (Fairly Valued). Among 1,464 Software companies, Cybozu ranks worse than 95.56% on this metric.

As of today (2026-09-16), Cybozu's current share price is 円3070.00. Cybozu's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was 円176.18. Cybozu's Cyclically Adjusted PB Ratio for today is 17.43.

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

TSE:4776' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 7.61   Med: 19.62   Max: 41.69
Current: 16.61

During the past years, Cybozu's highest Cyclically Adjusted PB Ratio was 41.69. The lowest was 7.61. And the median was 19.62.

TSE:4776's Cyclically Adjusted PB Ratio is ranked worse than
95.56% of 1464 companies
in the Software industry
Industry Median: 2.34 vs TSE:4776: 16.61

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.

Cybozu's adjusted book value per share data for the three months ended in Jun. 2026 was 円387.910. 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176.18 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cybozu  (TSE:4776) 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.


Cybozu Cyclically Adjusted PB Ratio Related Terms


Cybozu Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Cybozu'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.

Cybozu Cyclically Adjusted PB Ratio Chart

Cybozu Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.22 25.55 19.44 21.86 16.98

Cybozu Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 25.94 22.57 17.59 12.36 12.82

TSE:4776 vs CRM, SHOP, UBER: Cyclically Adjusted PB Ratio Comparison

For the Software - Application subindustry, Cybozu'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.


Cybozu Cyclically Adjusted PB Ratio vs Software Industry

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

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


TSE:4776
98GF Score
Cybozu Inc TSE:4776
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cybozu 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.

Cybozu's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3070.00/176.18
=17.43

* 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.

Cybozu's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

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

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=387.91/113.6000*113.6000
=387.910

Current CPI (Jun. 2026) = 113.6000.

Cybozu Quarterly Data

Book Value per Share CPI Adj_Book
201609 72.845 98.000 84.441
201612 69.161 98.400 79.844
201703 68.398 98.100 79.205
201706 70.469 98.500 81.272
201709 73.891 98.800 84.960
201712 69.793 99.400 79.763
201803 69.074 99.200 79.101
201806 75.439 99.200 86.390
201809 81.585 99.900 92.773
201812 74.065 99.700 84.391
201903 76.398 99.700 87.049
201906 80.866 99.800 92.048
201909 88.691 100.100 100.652
201912 86.991 100.500 98.330
202003 88.539 100.300 100.279
202006 97.170 99.900 110.496
202009 161.841 99.900 184.035
202012 139.608 99.300 159.713
202103 136.884 99.900 155.656
202106 142.551 99.500 162.752
202109 152.163 100.100 172.684
202112 138.867 100.100 157.595
202203 111.251 101.100 125.006
202206 106.368 101.800 118.697
202209 113.997 103.100 125.607
202212 100.919 104.100 110.129
202303 203.598 104.400 221.540
202306 221.511 105.200 239.198
202309 234.406 106.200 250.739
202312 236.317 106.800 251.363
202403 245.158 107.200 259.794
202406 262.462 108.200 275.561
202409 286.087 108.900 298.434
202412 251.755 110.700 258.350
202503 262.684 111.100 268.595
202506 310.411 111.700 315.691
202509 351.526 112.000 356.548
202512 385.238 113.000 387.284
202603 380.286 112.700 383.323
202606 387.910 113.600 387.910

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 17.43 mean?
Cybozu (TSE:4776) has a Cyclically Adjusted PB Ratio of 17.43 as of Sep. 16, 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 Cybozu and its competitors. This is 11% below median its historical median of 19.62. Over the past decade, Cybozu's Cyclically Adjusted PB Ratio has ranged from 7.61 to 41.69. According to the industry distribution chart, Cybozu ranks #1399 out of 1464 companies in the Software industry, placing it in the top 95.6%.
Is Cybozu's Cyclically Adjusted PB Ratio too high?
Cybozu's current Cyclically Adjusted PB Ratio of 17.43 is 11% below median its 10-year median of 19.62. Over the past 10 years, this metric has ranged from a low of 7.61 to a high of 41.69. The Software industry median Cyclically Adjusted PB Ratio is 2.34. Cybozu's value of 17.43 is 644.9% above this industry median. Based on the distribution chart, Cybozu ranks #1399 out of 1464 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Cybozu has a GF Score™ of 98/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Cybozu's Cyclically Adjusted PB Ratio compare to CRM and SHOP?
According to the Software industry distribution chart, Cybozu ranks #1399 out of 1464 companies for Cyclically Adjusted PB Ratio. This places Cybozu in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.34. Cybozu's value of 17.43 is 644.9% above this benchmark. Historically, Cybozu's own Cyclically Adjusted PB Ratio has ranged from 7.61 to 41.69 over the past decade. While the company's 10-year median is 19.62 vs. the industry median of 2.34, Cybozu 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 Software company?
The median Cyclically Adjusted PB Ratio among Software companies is 2.34, based on 1,464 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. Cybozu's current Cyclically Adjusted PB Ratio of 17.43 is 644.9% 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 Cybozu and its competitors. For the Software industry, the median Cyclically Adjusted PB Ratio is 2.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cybozu's current Cyclically Adjusted PB Ratio is 17.43, which is 11% below median its own 10-year median of 19.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cybozu stock overvalued right now?
Based on GuruFocus' analysis, Cybozu (TSE:4776) is currently considered Fairly Valued. The stock's GF Value™ is 円3,363.45, compared to a current price of 円3,070.00 — trading 8.7% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 17.43, which is 11% below median its 10-year median of 19.62 and 644.9% above the Software industry median of 2.34. Cybozu's overall GF Score™ is 98/100. 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 Cybozu (TSE:4776), the current Cyclically Adjusted PB Ratio is 17.43 as of Sep. 16, 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 Cybozu (TSE:4776) Overvalued in 2026?

Based on GuruFocus' analysis, Cybozu stock appears to be undervalued. The current stock price of 円3,070.00 is trading 8.7% below its estimated GF Value™ of 円3,363.45. GuruFocus considers Cybozu to be Fairly Valued.

Key valuation signals for TSE:4776:

  • Cyclically Adjusted PB Ratio: 17.43 (11% below median its 10-year median of 19.62)
  • GF Value™: 円3,363.45 vs. price of 円3,070.00 (8.7% below fair value)
  • GF Score™: 98/100
  • Industry Position: 644.9% above the Software median (#1399 of 1464)

No single metric tells the full story. See the TSE:4776 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Cybozu Business Description

Address 2-7-1 Nihonbashi, Nihonbashi Tower, 27th Floor, Nihonbashi Tower, Chuo-ku, Tokyo, JPN, 103-6027
Cybozu Inc is a Japanese based software company. It is engaged in the research and development of software and provides web-based groupware services. In addition to selling software licenses, it also offers a cloud service that provides operational environments such as servers and security. The firm develops and provides tools to support team collaboration. Some of its products include Kintone, Office 10, Garoon, Cybozu Live, Kunai, Didier, among others.
98GF Score

Get the complete analysis for TSE:4776

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

円3,070.00
Price
円3,363.45
GF Value