Cybozu (TSE:4776) Cyclically Adjusted PB Ratio: 16.65 (As of Aug. 04, 2026) — 15% Below Median

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TSE:4776 Cybozu Inc TSE:4776
86 GF Score
Price 円2,677.00
GF Value 円3,642.82
Valuation Modestly Undervalued
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What is Cybozu Cyclically Adjusted PB Ratio?

Cybozu TSE:4776 +0.90% 86 Cyclically Adjusted PB Ratio is 16.65 as of Aug. 04, 2026, which is 15% below its 10-year median of 19.66. GuruFocus rates TSE:4776 with a GF Score™ of 86/100 and a GF Value™ of 円3,642.82 (Modestly Undervalued). Among 1,573 Software companies, Cybozu ranks worse than 95.04% on this metric.

As of today (2026-08-04), Cybozu's current share price is 円2677.00. Cybozu's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was 円160.76. Cybozu's Cyclically Adjusted PB Ratio for today is 16.65.

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: 19.66   Max: 41.69
Current: 15.46

During the past years, Cybozu's highest Cyclically Adjusted PB Ratio was 41.69. The lowest was 7.61. And the median was 19.66.

TSE:4776's Cyclically Adjusted PB Ratio is ranked worse than
95.04% of 1573 companies
in the Software industry
Industry Median: 2.24 vs TSE:4776: 15.46

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 Dec. 2025 was 円385.066. 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160.76 for the trailing ten years ended in Dec. 2025.

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 20.19 25.21 19.38 21.64 17.51

Cybozu Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 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 20.14 25.81 22.47 17.51 0.00

TSE:4776 vs QH, 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
86GF 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
=2677.00/160.76
=16.65

* 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.

Cybozu's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 is calculated as:

For example, Cybozu's adjusted Book Value per Share data for the three months ended in Dec. 2025 was:

Adj_Book=Book Value per Share/CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=385.066/113.0000*113.0000
=385.066

Current CPI (Dec. 2025) = 113.0000.

Cybozu Quarterly Data

Book Value per Share CPI Adj_Book
201603 68.692 97.900 79.287
201606 70.164 98.100 80.821
201609 72.845 98.000 83.995
201612 69.118 98.400 79.373
201703 68.399 98.100 78.788
201706 70.470 98.500 80.844
201709 73.892 98.800 84.512
201712 69.772 99.400 79.318
201803 69.053 99.200 78.659
201806 75.396 99.200 85.885
201809 81.564 99.900 92.260
201812 74.044 99.700 83.921
201903 76.376 99.700 86.565
201906 80.845 99.800 91.538
201909 88.648 100.100 100.072
201912 86.948 100.500 97.762
202003 88.496 100.300 99.701
202006 97.105 99.900 109.838
202009 161.799 99.900 183.016
202012 139.566 99.300 158.821
202103 136.841 99.900 154.785
202106 142.508 99.500 161.843
202109 152.143 100.100 171.750
202112 138.825 100.100 156.716
202203 111.208 101.100 124.298
202206 106.325 101.800 118.023
202209 113.954 103.100 124.896
202212 100.876 104.100 109.500
202303 211.278 104.400 228.682
202306 229.892 105.200 246.937
202309 243.254 106.200 258.830
202312 236.276 106.800 249.992
202403 245.054 107.200 258.313
202406 262.359 108.200 273.998
202409 289.714 108.900 300.622
202412 251.666 110.700 256.895
202503 262.574 111.100 267.064
202506 309.158 111.700 312.756
202509 351.389 112.000 354.526
202512 385.066 113.000 385.066

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 16.65 mean?
Cybozu (TSE:4776) has a Cyclically Adjusted PB Ratio of 16.65 as of Aug. 04, 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 15% below median its historical median of 19.66. 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 #1495 out of 1573 companies in the Software industry, placing it in the top 95%.
Is Cybozu's Cyclically Adjusted PB Ratio too high?
Cybozu's current Cyclically Adjusted PB Ratio of 16.65 is 15% below median its 10-year median of 19.66. 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 2.24. Cybozu's value of 16.65 is 643.3% above this industry median. Based on the distribution chart, Cybozu ranks #1495 out of 1573 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Cybozu has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Cybozu's Cyclically Adjusted PB Ratio compare to QH and SHOP?
According to the Software industry distribution chart, Cybozu ranks #1495 out of 1573 companies for Cyclically Adjusted PB Ratio. This places Cybozu in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.24. Cybozu's value of 16.65 is 643.3% 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 19.66 vs. the industry median of 2.24, 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 2.24, based on 1,573 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 16.65 is 643.3% 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 2.24 — 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 16.65, which is 15% below median its own 10-year median of 19.66. 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 Modestly Undervalued. The stock's GF Value™ is 円3,642.82, compared to a current price of 円2,677.00 — trading 26.5% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 16.65, which is 15% below median its 10-year median of 19.66 and 643.3% above the Software industry median of 2.24. Cybozu's overall GF Score™ is 86/100. 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 16.65 as of Aug. 04, 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2,677.00 is trading 26.5% below its estimated GF Value™ of 円3,642.82. GuruFocus considers Cybozu to be Modestly Undervalued.

Key valuation signals for TSE:4776:

  • Cyclically Adjusted PB Ratio: 16.65 (15% below median its 10-year median of 19.66)
  • GF Value™: 円3,642.82 vs. price of 円2,677.00 (26.5% below fair value)
  • GF Score™: 86/100
  • Industry Position: 643.3% above the Software median (#1495 of 1573)

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.
86GF 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2,677.00
Price
円3,642.82
GF Value