ReproCELLorp (TSE:4978) Cyclically Adjusted PB Ratio: 1.30 (As of Aug. 10, 2026) — 19% Below Median

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TSE:4978 ReproCELL Incorp TSE:4978
61 GF Score
Price 円137.00
GF Value 円126.81
Valuation Fairly Valued
! 3 Warning Signs
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What is ReproCELLorp Cyclically Adjusted PB Ratio?

ReproCELLorp TSE:4978 +3.79% 61 Cyclically Adjusted PB Ratio is 1.30 as of Aug. 10, 2026, which is 19% below its 10-year median of 1.60. GuruFocus rates TSE:4978 with a GF Score™ of 61/100 and a GF Value™ of 円126.81 (Fairly Valued). The stock has 3 warning signs investors should review. Among 692 Biotechnology companies, ReproCELLorp ranks better than 56.79% on this metric.

As of today (2026-08-10), ReproCELLorp's current share price is 円137.00. ReproCELLorp's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円105.11. ReproCELLorp's Cyclically Adjusted PB Ratio for today is 1.30.

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

TSE:4978' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.9   Med: 1.6   Max: 3.34
Current: 1.26

During the past years, ReproCELLorp's highest Cyclically Adjusted PB Ratio was 3.34. The lowest was 0.90. And the median was 1.60.

TSE:4978's Cyclically Adjusted PB Ratio is ranked better than
56.79% of 692 companies
in the Biotechnology industry
Industry Median: 1.615 vs TSE:4978: 1.26

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.

ReproCELLorp's adjusted book value per share data for the three months ended in Mar. 2026 was 円87.462. 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105.11 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


ReproCELLorp  (TSE:4978) 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.


ReproCELLorp Cyclically Adjusted PB Ratio Related Terms


ReproCELLorp Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for ReproCELLorp'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.

ReproCELLorp Cyclically Adjusted PB Ratio Chart

ReproCELLorp 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 0.00 2.26 1.45 1.34 1.67

ReproCELLorp 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 1.34 1.55 1.80 1.31 1.67

TSE:4978 vs VRTX, REGN, RVMD: Cyclically Adjusted PB Ratio Comparison

For the Biotechnology subindustry, ReproCELLorp'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.


ReproCELLorp Cyclically Adjusted PB Ratio vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, ReproCELLorp's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TSE:4978
61GF Score
ReproCELL Incorp TSE:4978
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ReproCELLorp 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=137.00/105.11
=1.30

* 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.

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

For example, ReproCELLorp'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)
=87.462/112.7000*112.7000
=87.462

Current CPI (Mar. 2026) = 112.7000.

ReproCELLorp Quarterly Data

Book Value per Share CPI Adj_Book
201606 118.124 98.100 135.704
201609 112.501 98.000 129.376
201612 113.505 98.400 130.000
201703 120.873 98.100 138.862
201706 126.518 98.500 144.757
201709 125.319 98.800 142.950
201712 121.880 99.400 138.188
201803 97.764 99.200 111.069
201806 97.151 99.200 110.372
201809 104.799 99.900 118.227
201812 101.705 99.700 114.966
201903 99.484 99.700 112.456
201906 95.763 99.800 108.141
201909 92.640 100.100 104.301
201912 90.214 100.500 101.165
202003 84.764 100.300 95.243
202006 81.833 99.900 92.318
202009 79.695 99.900 89.906
202012 76.411 99.300 86.722
202103 75.166 99.900 84.797
202106 74.759 99.500 84.677
202109 79.243 100.100 89.218
202112 89.171 100.100 100.395
202203 88.169 101.100 98.285
202206 90.132 101.800 99.783
202209 92.722 103.100 101.356
202212 91.236 104.100 98.773
202303 89.008 104.400 96.084
202306 90.969 105.200 97.454
202309 90.997 106.200 96.566
202312 90.900 106.800 95.922
202403 93.451 107.200 98.246
202406 0.000 108.200 0.000
202409 92.786 108.900 96.024
202412 94.381 110.700 96.086
202503 94.892 111.100 96.259
202506 91.456 111.700 92.275
202509 91.624 112.000 92.197
202512 92.822 113.000 92.576
202603 87.462 112.700 87.462

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 1.30 mean?
ReproCELLorp (TSE:4978) has a Cyclically Adjusted PB Ratio of 1.30 as of Aug. 10, 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 ReproCELLorp and its competitors. This is 19% below median its historical median of 1.60. Over the past decade, ReproCELLorp's Cyclically Adjusted PB Ratio has ranged from 0.90 to 3.34. According to the industry distribution chart, ReproCELLorp ranks #299 out of 692 companies in the Biotechnology industry, placing it in the top 43.2%.
Is ReproCELLorp's Cyclically Adjusted PB Ratio too high?
ReproCELLorp's current Cyclically Adjusted PB Ratio of 1.30 is 19% below median its 10-year median of 1.60. Over the past 10 years, this metric has ranged from a low of 0.90 to a high of 3.34. The Biotechnology industry median Cyclically Adjusted PB Ratio is 1.62. ReproCELLorp's value of 1.30 is 19.5% below this industry median. Based on the distribution chart, ReproCELLorp ranks #299 out of 692 companies in the Biotechnology industry, which is above the industry midpoint. Overall, ReproCELLorp has a GF Score™ of 61/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does ReproCELLorp's Cyclically Adjusted PB Ratio compare to VRTX and REGN?
According to the Biotechnology industry distribution chart, ReproCELLorp ranks #299 out of 692 companies for Cyclically Adjusted PB Ratio. This puts ReproCELLorp in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.62. ReproCELLorp's value of 1.30 is 19.5% below this benchmark. Historically, ReproCELLorp's own Cyclically Adjusted PB Ratio has ranged from 0.90 to 3.34 over the past decade. While the company's 10-year median is 1.60 vs. the industry median of 1.62, ReproCELLorp 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 Biotechnology company?
The median Cyclically Adjusted PB Ratio among Biotechnology companies is 1.62, based on 692 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. ReproCELLorp's current Cyclically Adjusted PB Ratio of 1.30 is 19.5% 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 ReproCELLorp and its competitors. For the Biotechnology industry, the median Cyclically Adjusted PB Ratio is 1.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ReproCELLorp's current Cyclically Adjusted PB Ratio is 1.30, which is 19% below median its own 10-year median of 1.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ReproCELLorp stock overvalued right now?
Based on GuruFocus' analysis, ReproCELLorp (TSE:4978) is currently considered Fairly Valued. The stock's GF Value™ is 円126.81, compared to a current price of 円137.00 — trading 8% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.30, which is 19% below median its 10-year median of 1.60 and 19.5% below the Biotechnology industry median of 1.62. ReproCELLorp's overall GF Score™ is 61/100 with 3 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 ReproCELLorp (TSE:4978), the current Cyclically Adjusted PB Ratio is 1.30 as of Aug. 10, 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 ReproCELLorp (TSE:4978) Overvalued in 2026?

Based on GuruFocus' analysis, ReproCELLorp stock appears to be overvalued. The current stock price of 円137.00 is trading 8% above its estimated GF Value™ of 円126.81. GuruFocus considers ReproCELLorp to be Fairly Valued.

Key valuation signals for TSE:4978:

  • Cyclically Adjusted PB Ratio: 1.30 (19% below median its 10-year median of 1.60)
  • GF Value™: 円126.81 vs. price of 円137.00 (8% above fair value)
  • GF Score™: 61/100 with 3 warning signs
  • Industry Position: 19.5% below the Biotechnology median (#299 of 692)

No single metric tells the full story. See the TSE:4978 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ReproCELLorp Business Description

Address KDX Shin-Yokohama 381 Bldg. 9F, 3-8-11, Shin-Yokohama, Kohoku-ku, Kanagawa, Yokohama, JPN, 222-0033
ReproCELL Incorp is one of the leading stem cell research company in Japan. The company provides stem cell services, predictive drug discovery services, tissue services, and molecular services.
61GF Score

Get the complete analysis for TSE:4978

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

円137.00
Price
円126.81
GF Value