Atrae (TSE:6194) Cyclically Adjusted PB Ratio: (As of Aug. 22, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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:6194 Atrae Inc TSE:6194
97 GF Score
Price 円902.00
GF Value 円923.26
Valuation Fairly Valued
! 5 Warning Signs
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What is Atrae Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Atrae  (TSE:6194) 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.


Atrae Cyclically Adjusted PB Ratio Related Terms


Atrae Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Atrae'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.

Atrae Cyclically Adjusted PB Ratio Chart

Atrae Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 5.65 4.38

Atrae Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24 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 0.00 4.38 0.00 0.00 0.00

TSE:6194 vs KFY, RHI, TNET: Cyclically Adjusted PB Ratio Comparison

For the Staffing & Employment Services subindustry, Atrae'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.


Atrae Cyclically Adjusted PB Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, Atrae's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TSE:6194
97GF Score
Atrae Inc TSE:6194
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Atrae 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.

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

For example, Atrae'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)
=205.258/112.7000*112.7000
=205.258

Current CPI (Mar. 2026) = 112.7000.

Atrae Quarterly Data

Book Value per Share CPI Adj_Book
0.000 0.000
201509 11.543 98.500 13.207
201606 40.070 98.100 46.034
201609 49.571 98.000 57.007
201612 53.783 98.400 61.599
201703 58.757 98.100 67.502
201706 64.205 98.500 73.461
201709 67.170 98.800 76.620
201712 72.367 99.400 82.050
201803 73.707 99.200 83.738
201806 124.359 99.200 141.283
201809 128.913 99.900 145.430
201812 134.898 99.700 152.488
201903 140.271 99.700 158.561
201906 145.111 99.800 163.868
201909 147.203 100.100 165.732
201912 152.357 100.500 170.852
202003 155.714 100.300 174.965
202006 160.972 99.900 181.597
202009 164.411 99.900 185.477
202012 171.492 99.300 194.634
202103 180.160 99.900 203.244
202106 190.643 99.500 215.934
202109 191.013 100.100 215.057
202112 192.516 100.100 216.749
202203 204.551 101.100 228.021
202206 216.982 101.800 240.215
202209 219.972 103.100 240.454
202212 228.263 104.100 247.120
202303 229.213 104.400 247.436
202306 221.055 105.200 236.815
202309 215.463 106.200 228.650
202312 221.546 106.800 233.785
202403 224.983 107.200 236.526
202409 221.464 108.900 229.192
202503 213.556 111.100 216.632
202506 233.156 111.700 235.243
202509 227.673 112.000 229.096
202512 204.738 113.000 204.194
202603 205.258 112.700 205.258

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 Atrae (TSE:6194) Overvalued in 2026?

Based on GuruFocus' analysis, Atrae stock appears to be undervalued. The current stock price of 円902.00 is trading 2.3% below its estimated GF Value™ of 円923.26. GuruFocus considers Atrae to be Fairly Valued.

Key valuation signals for TSE:6194:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: 円923.26 vs. price of 円902.00 (2.3% below fair value)
  • GF Score™: 97/100 with 5 warning signs

No single metric tells the full story. See the TSE:6194 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Atrae Business Description

Address 1-10-10 Azabu-Juban, Minato-ku, Tokyo, JPN, 108-0073
Atrae Inc is an IT service provider in Human Resources field. The company mainly offers the contingent fee typed job site which utilizes big data, as well as planning new business. plans, develops, and manages job information Websites in Japan. It operates green-japan.com, a job media of IT/Web trade, which supports the employment of growing companies; yenta.talentbase.io/yenta/, a matching app that connects business professionals utilizing A.I. technology; and wevox.io/product/, a platform for organizational improvement, as well as provides Web services.
97GF Score

Get the complete analysis for TSE:6194

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

円902.00
Price
円923.26
GF Value