Computer Institute of Japan (TSE:4826) Cyclically Adjusted PB Ratio: 2.27 (As of Aug. 13, 2026) — 39% Above Median

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TSE:4826 Computer Institute of Japan Ltd TSE:4826
84 GF Score
Price 円530.00
GF Value 円535.02
Valuation Fairly Valued
! 4 Warning Signs
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What is Computer Institute of Japan Cyclically Adjusted PB Ratio?

Computer Institute of Japan TSE:4826 +1.15% 84 Cyclically Adjusted PB Ratio is 2.27 as of Aug. 13, 2026, which is 39% above its 10-year median of 1.63. GuruFocus rates TSE:4826 with a GF Score™ of 84/100 and a GF Value™ of 円535.02 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,551 Software companies, Computer Institute of Japan ranks better than 50.81% on this metric.

As of today (2026-08-13), Computer Institute of Japan's current share price is 円530.00. Computer Institute of Japan's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円233.59. Computer Institute of Japan's Cyclically Adjusted PB Ratio for today is 2.27.

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

TSE:4826' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.13   Med: 1.63   Max: 3.1
Current: 2.27

During the past years, Computer Institute of Japan's highest Cyclically Adjusted PB Ratio was 3.10. The lowest was 1.13. And the median was 1.63.

TSE:4826's Cyclically Adjusted PB Ratio is ranked better than
50.81% of 1551 companies
in the Software industry
Industry Median: 2.31 vs TSE:4826: 2.27

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.

Computer Institute of Japan's adjusted book value per share data for the three months ended in Mar. 2026 was 円263.849. 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233.59 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Computer Institute of Japan  (TSE:4826) 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.


Computer Institute of Japan Cyclically Adjusted PB Ratio Related Terms


Computer Institute of Japan Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Computer Institute of Japan'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.

Computer Institute of Japan Cyclically Adjusted PB Ratio Chart

Computer Institute of Japan 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 1.35 2.10 2.17 2.14 0.00

Computer Institute of Japan 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 2.14 2.15 2.24 2.16 0.00

TSE:4826 vs QH, SHOP, UBER: Cyclically Adjusted PB Ratio Comparison

For the Software - Application subindustry, Computer Institute of Japan'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.


Computer Institute of Japan Cyclically Adjusted PB Ratio vs Software Industry

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

* The bar in red indicates where Computer Institute of Japan's Cyclically Adjusted PB Ratio falls into.


TSE:4826
84GF Score
Computer Institute of Japan Ltd TSE:4826
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Computer Institute of Japan 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.

Computer Institute of Japan's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=530.00/233.59
=2.27

* 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.

Computer Institute of Japan's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Computer Institute of Japan'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)
=263.849/112.7000*112.7000
=263.849

Current CPI (Mar. 2026) = 112.7000.

Computer Institute of Japan Quarterly Data

Book Value per Share CPI Adj_Book
201603 157.131 97.900 180.885
201606 159.993 98.100 183.804
201609 158.319 98.000 182.067
201612 161.512 98.400 184.984
201703 163.199 98.100 187.488
201706 169.793 98.500 194.271
201709 168.129 98.800 191.783
201712 172.249 99.400 195.296
201803 176.951 99.200 201.032
201806 183.571 99.200 208.553
201809 182.232 99.900 205.581
201812 187.549 99.700 212.004
201903 196.072 99.700 221.638
201906 198.498 99.800 224.156
201909 196.503 100.100 221.238
201912 201.836 100.500 226.337
202003 208.308 100.300 234.061
202006 211.202 99.900 238.263
202009 208.367 99.900 235.065
202012 212.870 99.300 241.596
202103 219.265 99.900 247.359
202106 221.503 99.500 250.888
202109 218.766 100.100 246.303
202112 222.404 100.100 250.399
202203 273.694 101.100 305.097
202206 231.644 101.800 256.447
202209 227.466 103.100 248.646
202212 232.821 104.100 252.055
202303 239.967 104.400 259.045
202306 243.152 105.200 260.487
202309 239.008 106.200 253.637
202312 245.097 106.800 258.637
202403 251.552 107.200 264.458
202406 251.343 108.200 261.796
202412 252.101 110.700 256.656
202503 250.586 111.100 254.195
202506 256.674 111.700 258.972
202509 256.263 112.000 257.865
202512 267.585 113.000 266.875
202603 263.849 112.700 263.849

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 2.27 mean?
Computer Institute of Japan (TSE:4826) has a Cyclically Adjusted PB Ratio of 2.27 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 Computer Institute of Japan and its competitors. This is 39% above median its historical median of 1.63. Over the past decade, Computer Institute of Japan's Cyclically Adjusted PB Ratio has ranged from 1.13 to 3.10. According to the industry distribution chart, Computer Institute of Japan ranks #763 out of 1551 companies in the Software industry, placing it in the top 49.2%.
Is Computer Institute of Japan's Cyclically Adjusted PB Ratio too high?
Computer Institute of Japan's current Cyclically Adjusted PB Ratio of 2.27 is 39% above median its 10-year median of 1.63. Over the past 10 years, this metric has ranged from a low of 1.13 to a high of 3.10. The Software industry median Cyclically Adjusted PB Ratio is 2.31. Computer Institute of Japan's value of 2.27 is 1.7% below this industry median. Based on the distribution chart, Computer Institute of Japan ranks #763 out of 1551 companies in the Software industry, which is above the industry midpoint. Overall, Computer Institute of Japan has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Computer Institute of Japan's Cyclically Adjusted PB Ratio compare to QH and SHOP?
According to the Software industry distribution chart, Computer Institute of Japan ranks #763 out of 1551 companies for Cyclically Adjusted PB Ratio. This puts Computer Institute of Japan in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.31. Computer Institute of Japan's value of 2.27 is 1.7% below this benchmark. Historically, Computer Institute of Japan's own Cyclically Adjusted PB Ratio has ranged from 1.13 to 3.10 over the past decade. While the company's 10-year median is 1.63 vs. the industry median of 2.31, Computer Institute of Japan 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. Computer Institute of Japan's current Cyclically Adjusted PB Ratio of 2.27 is 1.7% 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 Computer Institute of Japan 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. Computer Institute of Japan's current Cyclically Adjusted PB Ratio is 2.27, which is 39% above median its own 10-year median of 1.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Computer Institute of Japan stock overvalued right now?
Based on GuruFocus' analysis, Computer Institute of Japan (TSE:4826) is currently considered Fairly Valued. The stock's GF Value™ is 円535.02, compared to a current price of 円530.00 — trading 0.9% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.27, which is 39% above median its 10-year median of 1.63 and 1.7% below the Software industry median of 2.31. Computer Institute of Japan's overall GF Score™ is 84/100 with 4 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 Computer Institute of Japan (TSE:4826), the current Cyclically Adjusted PB Ratio is 2.27 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 Computer Institute of Japan (TSE:4826) Overvalued in 2026?

Based on GuruFocus' analysis, Computer Institute of Japan stock appears to be undervalued. The current stock price of 円530.00 is trading 0.9% below its estimated GF Value™ of 円535.02. GuruFocus considers Computer Institute of Japan to be Fairly Valued.

Key valuation signals for TSE:4826:

  • Cyclically Adjusted PB Ratio: 2.27 (39% above median its 10-year median of 1.63)
  • GF Value™: 円535.02 vs. price of 円530.00 (0.9% below fair value)
  • GF Score™: 84/100 with 4 warning signs
  • Industry Position: 1.7% below the Software median (#763 of 1551)

No single metric tells the full story. See the TSE:4826 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Computer Institute of Japan Business Description

Address 1-2-25 Takashima, Nishi-ku, Yokohama, JPN, 220-0023
Computer Institute of Japan Ltd provides system development services.
84GF Score

Get the complete analysis for TSE:4826

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

円530.00
Price
円535.02
GF Value