Extreme Co (TSE:6033) Cyclically Adjusted PB Ratio: 2.67 (As of Aug. 16, 2026) — 17% Above Median

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TSE:6033 Extreme Co Ltd TSE:6033
92 GF Score
Price 円1,706.00
GF Value 円1,587.55
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is Extreme Co Cyclically Adjusted PB Ratio?

Extreme Co TSE:6033 +0.83% 92 Cyclically Adjusted PB Ratio is 2.67 as of Aug. 16, 2026, which is 17% above its 10-year median of 2.29. GuruFocus rates TSE:6033 with a GF Score™ of 92/100 and a GF Value™ of 円1,587.55 (Fairly Valued). The stock has 2 warning signs investors should review. Among 344 Interactive Media companies, Extreme Co ranks worse than 67.15% on this metric.

As of today (2026-08-16), Extreme Co's current share price is 円1706.00. Extreme Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円639.18. Extreme Co's Cyclically Adjusted PB Ratio for today is 2.67.

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

TSE:6033' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.07   Med: 2.29   Max: 3
Current: 2.67

During the past years, Extreme Co's highest Cyclically Adjusted PB Ratio was 3.00. The lowest was 2.07. And the median was 2.29.

TSE:6033's Cyclically Adjusted PB Ratio is ranked worse than
67.15% of 344 companies
in the Interactive Media industry
Industry Median: 1.49 vs TSE:6033: 2.67

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.

Extreme Co's adjusted book value per share data for the three months ended in Mar. 2026 was 円1,288.297. 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639.18 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Extreme Co  (TSE:6033) 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.


Extreme Co Cyclically Adjusted PB Ratio Related Terms


Extreme Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Extreme 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.

Extreme Co Cyclically Adjusted PB Ratio Chart

Extreme Co 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 0.00 0.00 2.35 2.27

Extreme Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 2.35 2.23 2.36 2.30 2.27

TSE:6033 vs NTES, EA, TTWO: Cyclically Adjusted PB Ratio Comparison

For the Electronic Gaming & Multimedia subindustry, Extreme 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.


Extreme Co Cyclically Adjusted PB Ratio vs Interactive Media Industry

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

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


TSE:6033
92GF Score
Extreme Co Ltd TSE:6033
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Extreme 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1706.00/639.18
=2.67

* 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.

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

For example, Extreme 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)
=1288.297/112.7000*112.7000
=1,288.297

Current CPI (Mar. 2026) = 112.7000.

Extreme Co Quarterly Data

Book Value per Share CPI Adj_Book
201603 174.290 97.900 200.638
201606 180.961 98.100 207.893
201609 196.082 98.000 225.494
201612 214.574 98.400 245.757
201703 225.162 98.100 258.672
201706 222.020 98.500 254.027
201709 232.537 98.800 265.252
201712 242.596 99.400 275.056
201803 246.911 99.200 280.513
201806 270.076 99.200 306.830
201809 269.459 99.900 303.984
201812 310.329 99.700 350.793
201903 367.160 99.700 415.034
201906 381.788 99.800 431.137
201909 423.578 100.100 476.896
201912 485.121 100.500 544.011
202003 516.958 100.300 580.869
202006 508.393 99.900 573.532
202009 528.523 99.900 596.242
202012 549.015 99.300 623.102
202103 577.346 99.900 651.320
202106 589.090 99.500 667.241
202109 613.736 100.100 690.989
202112 620.625 100.100 698.746
202203 644.595 101.100 718.554
202206 663.283 101.800 734.302
202209 703.622 103.100 769.139
202212 721.505 104.100 781.111
202303 771.063 104.400 832.364
202306 813.802 105.200 871.820
202309 857.388 106.200 909.865
202312 885.209 106.800 934.111
202403 952.411 107.200 1,001.275
202406 965.426 108.200 1,005.578
202409 991.073 108.900 1,025.656
202503 1,097.282 111.100 1,113.084
202506 1,083.863 111.700 1,093.566
202509 1,142.844 112.000 1,149.987
202512 1,217.675 113.000 1,214.442
202603 1,288.297 112.700 1,288.297

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 2.67 mean?
Extreme Co (TSE:6033) has a Cyclically Adjusted PB Ratio of 2.67 as of Aug. 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 Extreme Co and its competitors. This is 17% above median its historical median of 2.29. Over the past decade, Extreme Co's Cyclically Adjusted PB Ratio has ranged from 2.07 to 3.00. According to the industry distribution chart, Extreme Co ranks #231 out of 344 companies in the Interactive Media industry, placing it in the top 67.2%.
Is Extreme Co's Cyclically Adjusted PB Ratio too high?
Extreme Co's current Cyclically Adjusted PB Ratio of 2.67 is 17% above median its 10-year median of 2.29. Over the past 10 years, this metric has ranged from a low of 2.07 to a high of 3.00. The Interactive Media industry median Cyclically Adjusted PB Ratio is 1.49. Extreme Co's value of 2.67 is 79.2% above this industry median. Based on the distribution chart, Extreme Co ranks #231 out of 344 companies in the Interactive Media industry, which is below the industry midpoint. Overall, Extreme Co has a GF Score™ of 92/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Extreme Co's Cyclically Adjusted PB Ratio compare to NTES and EA?
According to the Interactive Media industry distribution chart, Extreme Co ranks #231 out of 344 companies for Cyclically Adjusted PB Ratio. This places Extreme Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.49. Extreme Co's value of 2.67 is 79.2% above this benchmark. Historically, Extreme Co's own Cyclically Adjusted PB Ratio has ranged from 2.07 to 3.00 over the past decade. While the company's 10-year median is 2.29 vs. the industry median of 1.49, Extreme 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 an Interactive Media company?
The median Cyclically Adjusted PB Ratio among Interactive Media companies is 1.49, based on 344 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. Extreme Co's current Cyclically Adjusted PB Ratio of 2.67 is 79.2% 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 Extreme Co and its competitors. For the Interactive Media industry, the median Cyclically Adjusted PB Ratio is 1.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Extreme Co's current Cyclically Adjusted PB Ratio is 2.67, which is 17% above median its own 10-year median of 2.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Extreme Co stock overvalued right now?
Based on GuruFocus' analysis, Extreme Co (TSE:6033) is currently considered Fairly Valued. The stock's GF Value™ is 円1,587.55, compared to a current price of 円1,706.00 — trading 7.5% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.67, which is 17% above median its 10-year median of 2.29 and 79.2% above the Interactive Media industry median of 1.49. Extreme Co's overall GF Score™ is 92/100 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 Extreme Co (TSE:6033), the current Cyclically Adjusted PB Ratio is 2.67 as of Aug. 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 Extreme Co (TSE:6033) Overvalued in 2026?

Based on GuruFocus' analysis, Extreme Co stock appears to be overvalued. The current stock price of 円1,706.00 is trading 7.5% above its estimated GF Value™ of 円1,587.55. GuruFocus considers Extreme Co to be Fairly Valued.

Key valuation signals for TSE:6033:

  • Cyclically Adjusted PB Ratio: 2.67 (17% above median its 10-year median of 2.29)
  • GF Value™: 円1,587.55 vs. price of 円1,706.00 (7.5% above fair value)
  • GF Score™: 92/100 with 2 warning signs
  • Industry Position: 79.2% above the Interactive Media median (#231 of 344)

No single metric tells the full story. See the TSE:6033 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Extreme Co Business Description

Address 1-11-1 Nishi-Ikebukuro, 15th & 21st Floor, Metropolitan Plaza Building, Toshima-ku, Tokyo, JPN, 171-0021
Extreme Co Ltd is engaged in the technology services business, providing solutions that support corporate IT operations and development. The group has three reportable segments: Digital Human Resources Business, Contract Development Business, and Content Property Business. The Digital Human Resources segment is involved in dispatching IT professionals and providing technical support through staffing contracts. The Contract Development segment focuses on commissioned services such as smartphone app development, CRM (Customer Relationship Management) system implementation, and cloud platform construction. The Content Property segment is engaged in licensing and content-related services. It generates the majority of its revenue from the Digital Human Resources Business.
92GF Score

Get the complete analysis for TSE:6033

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

円1,706.00
Price
円1,587.55
GF Value