JSS (TSE:6074) Cyclically Adjusted PB Ratio: (As of Sep. 22, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:6074 JSS Corp TSE:6074
57 GF Score
Price 円514.00
GF Value 円527.82
Valuation Fairly Valued
! 2 Warning Signs
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What is JSS Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


JSS  (TSE:6074) 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.


JSS Cyclically Adjusted PB Ratio Related Terms


JSS Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for JSS'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.

JSS Cyclically Adjusted PB Ratio Chart

JSS 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 0.74 0.89 0.77 0.59 0.68

JSS 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 0.77 0.77 0.74 0.69 0.66

TSE:6074 vs AS, HAS, LTH: Cyclically Adjusted PB Ratio Comparison

For the Leisure subindustry, JSS'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.


JSS Cyclically Adjusted PB Ratio vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, JSS's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TSE:6074
57GF Score
JSS Corp TSE:6074
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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JSS 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.

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

For example, JSS'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)
=790.126/113.6000*113.6000
=790.126

Current CPI (Jun. 2026) = 113.6000.

JSS Quarterly Data

Book Value per Share CPI Adj_Book
201609 514.671 98.000 596.598
201612 541.881 98.400 625.586
201703 562.846 98.100 651.777
201706 567.430 98.500 654.417
201709 603.171 98.800 693.525
201712 622.483 99.400 711.409
201803 641.700 99.200 734.850
201806 634.366 99.200 726.451
201809 674.367 99.900 766.848
201812 690.603 99.700 786.886
201903 707.725 99.700 806.395
201906 704.887 99.800 802.356
201909 746.731 100.100 847.439
201912 763.555 100.500 863.083
202003 741.637 100.300 839.980
202006 614.907 99.900 699.234
202009 653.459 99.900 743.072
202012 674.761 99.300 771.932
202103 615.208 99.900 699.576
202106 610.508 99.500 697.022
202109 631.933 100.100 717.159
202112 649.760 100.100 737.390
202203 636.285 101.100 714.955
202206 642.114 101.800 716.544
202209 667.881 103.100 735.900
202212 696.664 104.100 760.240
202303 685.030 104.400 745.397
202306 692.543 105.200 747.841
202309 719.755 106.200 769.907
202312 733.002 106.800 779.673
202403 728.289 107.200 771.769
202406 728.952 108.200 765.332
202409 771.409 108.900 804.702
202412 750.320 110.700 769.976
202503 747.987 111.100 764.818
202506 741.643 111.700 754.258
202509 778.639 112.000 789.762
202512 797.203 113.000 801.436
202603 790.610 112.700 796.924
202606 790.126 113.600 790.126

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.

Is JSS (TSE:6074) Overvalued in 2026?

Based on GuruFocus' analysis, JSS stock appears to be undervalued. The current stock price of 円514.00 is trading 2.6% below its estimated GF Value™ of 円527.82. GuruFocus considers JSS to be Fairly Valued.

Key valuation signals for TSE:6074:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: 円527.82 vs. price of 円514.00 (2.6% below fair value)
  • GF Score™: 57/100 with 2 warning signs

No single metric tells the full story. See the TSE:6074 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


JSS Business Description

Address Kaneda Tosabori Building, 9th Floor, Osaka-shi Nishi-ku, Tosabori 1 - chome 4 - 11, Tokyo, JPN, 550-0001
JSS Corp is engaged in the operation of swimming schools. It operates a swimming school, tennis school, and fitness club. The company also sells sporting goods. Geographically the activities are carried out through Japan.
57GF Score

Get the complete analysis for TSE:6074

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

円514.00
Price
円527.82
GF Value