BayCurrent (TSE:6532) Cyclically Adjusted PB Ratio: 22.65 (As of Aug. 06, 2026) — 21% Above Median

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TSE:6532 BayCurrent Inc TSE:6532
93 GF Score
Price 円6,972.00
GF Value 円8,690.13
Valuation Modestly Undervalued
View Full Analysis

What is BayCurrent Cyclically Adjusted PB Ratio?

BayCurrent TSE:6532 +2.33% 93 Cyclically Adjusted PB Ratio is 22.65 as of Aug. 06, 2026, which is 21% above its 10-year median of 18.73. GuruFocus rates TSE:6532 with a GF Score™ of 93/100 and a GF Value™ of 円8,690.13 (Modestly Undervalued). Among 729 Business Services companies, BayCurrent ranks worse than 99.04% on this metric.

As of today (2026-08-06), BayCurrent's current share price is 円6972.00. BayCurrent's Cyclically Adjusted Book per Share for the quarter that ended in May. 2026 was 円307.78. BayCurrent's Cyclically Adjusted PB Ratio for today is 22.65.

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

TSE:6532' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 14.68   Med: 18.73   Max: 24.87
Current: 21.19

During the past years, BayCurrent's highest Cyclically Adjusted PB Ratio was 24.87. The lowest was 14.68. And the median was 18.73.

TSE:6532's Cyclically Adjusted PB Ratio is ranked worse than
99.04% of 729 companies
in the Business Services industry
Industry Median: 1.55 vs TSE:6532: 21.19

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.

BayCurrent's adjusted book value per share data for the three months ended in May. 2026 was 円733.473. 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307.78 for the trailing ten years ended in May. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


BayCurrent  (TSE:6532) 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.


BayCurrent Cyclically Adjusted PB Ratio Related Terms


BayCurrent Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for BayCurrent'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.

BayCurrent Cyclically Adjusted PB Ratio Chart

BayCurrent Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 15.35

BayCurrent Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 0.00 24.60 15.35 18.25

TSE:6532 vs VRSK, EFX, BAH: Cyclically Adjusted PB Ratio Comparison

For the Consulting Services subindustry, BayCurrent'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.


BayCurrent Cyclically Adjusted PB Ratio vs Business Services Industry

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

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


TSE:6532
93GF Score
BayCurrent Inc TSE:6532
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

BayCurrent 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=6972.00/307.78
=22.65

* 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.

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

For example, BayCurrent's adjusted Book Value per Share data for the three months ended in May. 2026 was:

Adj_Book=Book Value per Share/CPI of May. 2026 (Change)*Current CPI (May. 2026)
=733.473/113.5000*113.5000
=733.473

Current CPI (May. 2026) = 113.5000.

BayCurrent Quarterly Data

Book Value per Share CPI Adj_Book
201608 65.395 97.900 75.815
201611 67.432 98.600 77.622
201702 68.659 98.100 79.437
201705 87.020 98.600 100.170
201708 69.560 98.500 80.153
201711 73.311 99.100 83.964
201802 97.639 99.500 111.377
201805 72.892 99.300 83.316
201808 75.792 99.800 86.196
201811 103.259 100.000 117.199
201902 109.107 99.700 124.209
201905 112.111 100.000 127.246
201908 89.899 100.000 102.035
201911 124.832 100.500 140.979
202002 140.598 100.300 159.101
202005 148.032 100.100 167.848
202008 158.590 100.100 179.820
202011 169.504 99.500 193.354
202102 159.824 99.800 181.764
202105 201.049 99.400 229.568
202108 222.717 99.700 253.544
202111 241.793 100.100 274.161
202202 271.597 100.700 306.120
202205 272.818 101.800 304.173
202208 301.999 102.700 333.757
202211 285.979 103.900 312.402
202302 374.191 104.000 408.372
202305 370.902 105.100 400.546
202308 407.557 105.900 436.806
202311 433.175 106.900 459.919
202402 485.178 106.900 515.133
202405 486.693 108.100 511.005
202408 528.963 109.100 550.296
202411 556.682 110.000 574.395
202502 620.822 110.800 635.950
202505 627.010 111.800 636.544
202508 681.882 112.100 690.398
202511 691.437 113.200 693.269
202602 770.727 112.200 779.657
202605 733.473 113.500 733.473

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 22.65 mean?
BayCurrent (TSE:6532) has a Cyclically Adjusted PB Ratio of 22.65 as of Aug. 06, 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 BayCurrent and its competitors. This is 21% above median its historical median of 18.73. Over the past decade, BayCurrent's Cyclically Adjusted PB Ratio has ranged from 14.68 to 24.87. According to the industry distribution chart, BayCurrent ranks #722 out of 729 companies in the Business Services industry, placing it in the top 99%.
Is BayCurrent's Cyclically Adjusted PB Ratio too high?
BayCurrent's current Cyclically Adjusted PB Ratio of 22.65 is 21% above median its 10-year median of 18.73. Over the past 10 years, this metric has ranged from a low of 14.68 to a high of 24.87. The Business Services industry median Cyclically Adjusted PB Ratio is 1.55. BayCurrent's value of 22.65 is 1361.3% above this industry median. Based on the distribution chart, BayCurrent ranks #722 out of 729 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, BayCurrent has a GF Score™ of 93/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does BayCurrent's Cyclically Adjusted PB Ratio compare to VRSK and EFX?
According to the Business Services industry distribution chart, BayCurrent ranks #722 out of 729 companies for Cyclically Adjusted PB Ratio. This places BayCurrent in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.55. BayCurrent's value of 22.65 is 1361.3% above this benchmark. Historically, BayCurrent's own Cyclically Adjusted PB Ratio has ranged from 14.68 to 24.87 over the past decade. While the company's 10-year median is 18.73 vs. the industry median of 1.55, BayCurrent 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 a Business Services company?
The median Cyclically Adjusted PB Ratio among Business Services companies is 1.55, based on 729 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. BayCurrent's current Cyclically Adjusted PB Ratio of 22.65 is 1361.3% 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 BayCurrent and its competitors. For the Business Services industry, the median Cyclically Adjusted PB Ratio is 1.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BayCurrent's current Cyclically Adjusted PB Ratio is 22.65, which is 21% above median its own 10-year median of 18.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BayCurrent stock overvalued right now?
Based on GuruFocus' analysis, BayCurrent (TSE:6532) is currently considered Modestly Undervalued. The stock's GF Value™ is 円8,690.13, compared to a current price of 円6,972.00 — trading 19.8% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 22.65, which is 21% above median its 10-year median of 18.73 and 1361.3% above the Business Services industry median of 1.55. BayCurrent's overall GF Score™ is 93/100. 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 BayCurrent (TSE:6532), the current Cyclically Adjusted PB Ratio is 22.65 as of Aug. 06, 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 BayCurrent (TSE:6532) Overvalued in 2026?

Based on GuruFocus' analysis, BayCurrent stock appears to be undervalued. The current stock price of 円6,972.00 is trading 19.8% below its estimated GF Value™ of 円8,690.13. GuruFocus considers BayCurrent to be Modestly Undervalued.

Key valuation signals for TSE:6532:

  • Cyclically Adjusted PB Ratio: 22.65 (21% above median its 10-year median of 18.73)
  • GF Value™: 円8,690.13 vs. price of 円6,972.00 (19.8% below fair value)
  • GF Score™: 93/100
  • Industry Position: 1361.3% above the Business Services median (#722 of 729)

No single metric tells the full story. See the TSE:6532 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


BayCurrent Business Description

Other Exchanges BYCRF:USA
Address 1-3-1 Azabudai, Azabudai Hills Mori JP Tower, Minato-ku, Tokyo, JPN, 106-0041
BayCurrent Consulting is a Japanese IT consulting firm specializing in digital transformation implementation. The company deployed 5,590 consultants at the end of fiscal 2026 to execute IT modernization, data analytics, and artificial intelligence projects for enterprise clients. Unlike traditional strategy firms, BayCurrent focuses on project execution, with consultants embedded in client organizations to deliver outcomes. The firm serves a variety of industries, with financial services and manufacturing each accounting for 20% to 25% of revenue. Its one-pool staffing model enables flexible consultant allocation across industries and helps the company maintain a high utilization rate, thereby achieving a higher profitability than peers.
93GF Score

Get the complete analysis for TSE:6532

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

円6,972.00
Price
円8,690.13
GF Value