Disruptors (TSE:6538) Cyclically Adjusted PB Ratio: 1.92 (As of Aug. 14, 2026) — 25% Above Median

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TSE:6538 Disruptors Inc TSE:6538
84 GF Score
Price 円264.00
GF Value 円299.85
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Disruptors Cyclically Adjusted PB Ratio?

Disruptors TSE:6538 +0.76% 84 Cyclically Adjusted PB Ratio is 1.92 as of Aug. 14, 2026, which is 25% above its 10-year median of 1.54. GuruFocus rates TSE:6538 with a GF Score™ of 84/100 and a GF Value™ of 円299.85 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 716 Business Services companies, Disruptors ranks worse than 56.84% on this metric.

As of today (2026-08-14), Disruptors's current share price is 円264.00. Disruptors's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円137.27. Disruptors's Cyclically Adjusted PB Ratio for today is 1.92.

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

TSE:6538' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.07   Med: 1.54   Max: 1.84
Current: 1.84

During the past years, Disruptors's highest Cyclically Adjusted PB Ratio was 1.84. The lowest was 1.07. And the median was 1.54.

TSE:6538's Cyclically Adjusted PB Ratio is ranked worse than
56.84% of 716 companies
in the Business Services industry
Industry Median: 1.53 vs TSE:6538: 1.84

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.

Disruptors's adjusted book value per share data for the three months ended in Mar. 2026 was 円131.314. 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137.27 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Disruptors  (TSE:6538) 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.


Disruptors Cyclically Adjusted PB Ratio Related Terms


Disruptors Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Disruptors'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.

Disruptors Cyclically Adjusted PB Ratio Chart

Disruptors 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 0.00 1.73

Disruptors 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 0.00 0.00 0.00 0.00 1.73

TSE:6538 vs KFY, RHI, TNET: Cyclically Adjusted PB Ratio Comparison

For the Staffing & Employment Services subindustry, Disruptors'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.


Disruptors Cyclically Adjusted PB Ratio vs Business Services Industry

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

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


TSE:6538
84GF Score
Disruptors Inc TSE:6538
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Disruptors 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=264.00/137.27
=1.92

* 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.

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

For example, Disruptors'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)
=131.314/112.7000*112.7000
=131.314

Current CPI (Mar. 2026) = 112.7000.

Disruptors Quarterly Data

Book Value per Share CPI Adj_Book
201503 32.836 97.900 37.800
201603 40.142 97.900 46.210
201609 45.613 98.000 52.455
201612 82.230 98.400 94.180
201703 87.838 98.100 100.911
201706 46.522 98.500 53.229
201709 98.392 98.800 112.235
201712 102.099 99.400 115.760
201803 108.557 99.200 123.330
201806 113.282 99.200 128.698
201809 121.053 99.900 136.563
201812 126.553 99.700 143.054
201903 129.771 99.700 146.692
201906 132.377 99.800 149.488
201909 126.570 100.100 142.502
201912 127.599 100.500 143.089
202003 129.020 100.300 144.971
202006 129.735 99.900 146.358
202009 133.823 99.900 150.969
202012 139.049 99.300 157.813
202103 143.629 99.900 162.032
202106 150.141 99.500 170.059
202109 162.985 100.100 183.501
202112 168.832 100.100 190.084
202203 175.379 101.100 195.502
202206 179.438 101.800 198.651
202209 184.366 103.100 201.533
202212 181.844 104.100 196.867
202303 182.038 104.400 196.510
202306 181.523 105.200 194.464
202309 181.397 106.200 192.499
202312 176.589 106.800 186.344
202403 102.093 107.200 107.331
202406 99.902 108.200 104.057
202409 100.195 108.900 103.691
202503 107.328 111.100 108.874
202506 106.546 111.700 107.500
202509 111.529 112.000 112.226
202512 121.593 113.000 121.270
202603 131.314 112.700 131.314

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 1.92 mean?
Disruptors (TSE:6538) has a Cyclically Adjusted PB Ratio of 1.92 as of Aug. 14, 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 Disruptors and its competitors. This is 25% above median its historical median of 1.54. Over the past decade, Disruptors' Cyclically Adjusted PB Ratio has ranged from 1.07 to 1.84. According to the industry distribution chart, Disruptors ranks #407 out of 716 companies in the Business Services industry, placing it in the top 56.8%.
Is Disruptors' Cyclically Adjusted PB Ratio too high?
Disruptors' current Cyclically Adjusted PB Ratio of 1.92 is 25% above median its 10-year median of 1.54. Over the past 10 years, this metric has ranged from a low of 1.07 to a high of 1.84. The Business Services industry median Cyclically Adjusted PB Ratio is 1.53. Disruptors' value of 1.92 is 25.5% above this industry median. Based on the distribution chart, Disruptors ranks #407 out of 716 companies in the Business Services industry, which is below the industry midpoint. Overall, Disruptors has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Disruptors' Cyclically Adjusted PB Ratio compare to KFY and RHI?
According to the Business Services industry distribution chart, Disruptors ranks #407 out of 716 companies for Cyclically Adjusted PB Ratio. This places Disruptors in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.53. Disruptors' value of 1.92 is 25.5% above this benchmark. Historically, Disruptors' own Cyclically Adjusted PB Ratio has ranged from 1.07 to 1.84 over the past decade. While the company's 10-year median is 1.54 vs. the industry median of 1.53, Disruptors 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 1.53, based on 716 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. Disruptors's current Cyclically Adjusted PB Ratio of 1.92 is 25.5% 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 Disruptors and its competitors. For the Business Services industry, the median Cyclically Adjusted PB Ratio is 1.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Disruptors's current Cyclically Adjusted PB Ratio is 1.92, which is 25% above median its own 10-year median of 1.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Disruptors stock overvalued right now?
Based on GuruFocus' analysis, Disruptors (TSE:6538) is currently considered Modestly Undervalued. The stock's GF Value™ is 円299.85, compared to a current price of 円264.00 — trading 12% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.92, which is 25% above median its 10-year median of 1.54 and 25.5% above the Business Services industry median of 1.53. Disruptors' overall GF Score™ is 84/100 with 3 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 Disruptors (TSE:6538), the current Cyclically Adjusted PB Ratio is 1.92 as of Aug. 14, 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 Disruptors (TSE:6538) Overvalued in 2026?

Based on GuruFocus' analysis, Disruptors stock appears to be undervalued. The current stock price of 円264.00 is trading 12% below its estimated GF Value™ of 円299.85. GuruFocus considers Disruptors to be Modestly Undervalued.

Key valuation signals for TSE:6538:

  • Cyclically Adjusted PB Ratio: 1.92 (25% above median its 10-year median of 1.54)
  • GF Value™: 円299.85 vs. price of 円264.00 (12% below fair value)
  • GF Score™: 84/100 with 3 warning signs
  • Industry Position: 25.5% above the Business Services median (#407 of 716)

No single metric tells the full story. See the TSE:6538 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Disruptors Business Description

Address 1-8-1 Shimomeguro, 15th Floor, Ark Tower, Tokyo, JPN, 153-0064
Disruptors Inc operates internet-based platforms for customer acquisition and operates in two segments: the "DX Business" for digital transformation, and a marketing platform for rental property information.
84GF Score

Get the complete analysis for TSE:6538

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

円264.00
Price
円299.85
GF Value