Asterisk (TSE:6522) Cyclically Adjusted PB Ratio: (As of Aug. 05, 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:6522 Asterisk Inc TSE:6522
51 GF Score
Price 円1,786.00
GF Value 円404.40
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Asterisk Cyclically Adjusted PB Ratio?

Asterisk does not have a history long enough to calculate Cyclically Adjusted Book per Share. Therefore GuruFocus does not calculate Cyclically Adjusted PB Ratio for this company.

Shiller PE for Stocks: The True Measure of Stock Valuation

Asterisk  (TSE:6522) 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.

Asterisk Cyclically Adjusted PB Ratio Related Terms

Asterisk Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Asterisk'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.

Asterisk Cyclically Adjusted PB Ratio Chart

Asterisk Annual Data
Trend Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

Asterisk Semi-Annual Data
Aug19 Aug20 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
Cyclically Adjusted PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

TSE:6522 vs CSCO, MSI, HPE: Cyclically Adjusted PB Ratio Comparison

For the Communication Equipment subindustry, Asterisk'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.

Asterisk Cyclically Adjusted PB Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Asterisk's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TSE:6522
51GF Score
Asterisk Inc TSE:6522
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Asterisk 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.

Asterisk does not have a history long enough to calculate Cyclically Adjusted Book per Share. Therefore GuruFocus does not calculate Cyclically Adjusted PB Ratio for this company.

Is Asterisk (TSE:6522) Overvalued in 2026?

Based on GuruFocus' analysis, Asterisk stock appears to be overvalued. The current stock price of 円1,786.00 is trading 341.6% above its estimated GF Value™ of 円404.40. GuruFocus considers Asterisk to be Significantly Overvalued.

Key valuation signals for TSE:6522:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: 円404.40 vs. price of 円1,786.00 (341.6% above fair value)
  • GF Score™: 51/100 with 4 warning signs

No single metric tells the full story. See the TSE:6522 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Asterisk Business Description

Address 2-2-1 Kikawanishi, AsTech Osaka Building, Yodogawa-ku, Osaka, JPN, 532-0013
Asterisk Inc is predominantly engaged in the manufacturing, development, and sales of RFID readers and barcode scanners that utilize mobile smartphones, as well as the development and sales of management systems that utilize image recognition technologies. The company's reportable segments are AsReader Business, System Integration Business, and Rental Business. The majority of its revenue is generated from the AsReader Business, which develops and sells hardware and software products and offers services that utilize its proprietary image recognition and AI technologies. The various products offered under this segment include barcode readers, RFID readers, image recognition products, wireless communication and infrared products, and others under the brand name AsReader (Asterisk Reader).
51GF Score

Get the complete analysis for TSE:6522

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

円1,786.00
Price
円404.40
GF Value