SEMBA (TSE:6540) Cyclically Adjusted PB Ratio: 1.25 (As of Jul. 29, 2026) — Near Median

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TSE:6540 SEMBA Corp TSE:6540
78 GF Score
Price 円1,485.00
GF Value 円1,706.48
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is SEMBA Cyclically Adjusted PB Ratio?

SEMBA TSE:6540 -0.34% 78 Cyclically Adjusted PB Ratio is 1.25 as of Jul. 29, 2026, which is at its 10-year median of 1.25. GuruFocus rates TSE:6540 with a GF Score™ of 78/100 and a GF Value™ of 円1,706.48 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,357 Construction companies, SEMBA ranks worse than 53.06% on this metric.

As of today (2026-07-29), SEMBA's current share price is 円1485.00. SEMBA's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was 円1,183.95. SEMBA's Cyclically Adjusted PB Ratio for today is 1.25.

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

TSE:6540' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.46   Med: 1.25   Max: 1.65
Current: 1.25

During the past years, SEMBA's highest Cyclically Adjusted PB Ratio was 1.65. The lowest was 0.46. And the median was 1.25.

TSE:6540's Cyclically Adjusted PB Ratio is ranked worse than
53.06% of 1357 companies
in the Construction industry
Industry Median: 1.16 vs TSE:6540: 1.25

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.

SEMBA's adjusted book value per share data for the three months ended in Dec. 2025 was 円1,367.349. 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1,183.95 for the trailing ten years ended in Dec. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


SEMBA  (TSE:6540) 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.


SEMBA Cyclically Adjusted PB Ratio Related Terms


SEMBA Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for SEMBA'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.

SEMBA Cyclically Adjusted PB Ratio Chart

SEMBA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.47 0.81 1.50

SEMBA Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24 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 1.50 0.00

TSE:6540 vs PWR, FIX, EME: Cyclically Adjusted PB Ratio Comparison

For the Engineering & Construction subindustry, SEMBA'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.


SEMBA Cyclically Adjusted PB Ratio vs Construction Industry

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

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


TSE:6540
78GF Score
SEMBA Corp TSE:6540
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SEMBA 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1485.00/1183.95
=1.25

* 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.

SEMBA's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 is calculated as:

For example, SEMBA's adjusted Book Value per Share data for the three months ended in Dec. 2025 was:

Adj_Book=Book Value per Share/CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=1367.349/113.0000*113.0000
=1,367.349

Current CPI (Dec. 2025) = 113.0000.

SEMBA Quarterly Data

Book Value per Share CPI Adj_Book
0.000 0.000
201412 3,825.598 97.900 4,415.654
201512 5,141.402 98.100 5,922.308
201609 5,498.921 98.000 6,340.593
201612 856.988 98.400 984.143
201703 848.972 98.100 977.919
201706 883.239 98.500 1,013.259
201709 895.883 98.800 1,024.644
201712 950.204 99.400 1,080.212
201803 909.977 99.200 1,036.567
201806 947.589 99.200 1,079.411
201809 961.818 99.900 1,087.942
201812 983.638 99.700 1,114.856
201903 941.742 99.700 1,067.371
201906 975.086 99.800 1,104.055
201909 1,006.030 100.100 1,135.678
201912 1,050.684 100.500 1,181.366
202003 1,016.786 100.300 1,145.532
202006 1,037.539 99.900 1,173.593
202009 1,028.969 99.900 1,163.899
202012 1,032.678 99.300 1,175.152
202103 1,008.566 99.900 1,140.820
202106 999.324 99.500 1,134.911
202109 1,005.930 100.100 1,135.565
202112 1,059.807 100.100 1,196.386
202203 1,053.638 101.100 1,177.657
202206 1,076.569 101.800 1,195.013
202209 1,080.130 103.100 1,183.848
202212 1,091.993 104.100 1,185.353
202303 1,058.158 104.400 1,145.324
202306 1,112.794 105.200 1,195.302
202309 1,124.547 106.200 1,196.552
202312 1,178.345 106.800 1,246.751
202403 1,138.545 107.200 1,200.145
202406 1,158.735 108.200 1,210.139
202412 1,281.300 110.700 1,307.921
202503 1,233.891 111.100 1,254.993
202506 1,286.094 111.700 1,301.062
202509 1,302.109 112.000 1,313.735
202512 1,367.349 113.000 1,367.349

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 1.25 mean?
SEMBA (TSE:6540) has a Cyclically Adjusted PB Ratio of 1.25 as of Jul. 29, 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 SEMBA and its competitors. This is near median its historical median of 1.25. Over the past decade, SEMBA's Cyclically Adjusted PB Ratio has ranged from 0.46 to 1.65. According to the industry distribution chart, SEMBA ranks #720 out of 1357 companies in the Construction industry, placing it in the top 53.1%.
Is SEMBA's Cyclically Adjusted PB Ratio too high?
SEMBA's current Cyclically Adjusted PB Ratio of 1.25 is near median its 10-year median of 1.25. Over the past 10 years, this metric has ranged from a low of 0.46 to a high of 1.65. The Construction industry median Cyclically Adjusted PB Ratio is 1.16. SEMBA's value of 1.25 is 7.8% above this industry median. Based on the distribution chart, SEMBA ranks #720 out of 1357 companies in the Construction industry, which is below the industry midpoint. Overall, SEMBA has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does SEMBA's Cyclically Adjusted PB Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, SEMBA ranks #720 out of 1357 companies for Cyclically Adjusted PB Ratio. This places SEMBA in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.16. SEMBA's value of 1.25 is 7.8% above this benchmark. Historically, SEMBA's own Cyclically Adjusted PB Ratio has ranged from 0.46 to 1.65 over the past decade. While the company's 10-year median is 1.25 vs. the industry median of 1.16, SEMBA 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 Construction company?
The median Cyclically Adjusted PB Ratio among Construction companies is 1.16, based on 1,357 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. SEMBA's current Cyclically Adjusted PB Ratio of 1.25 is 7.8% 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 SEMBA and its competitors. For the Construction industry, the median Cyclically Adjusted PB Ratio is 1.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SEMBA's current Cyclically Adjusted PB Ratio is 1.25, which is near median its own 10-year median of 1.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SEMBA stock overvalued right now?
Based on GuruFocus' analysis, SEMBA (TSE:6540) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,706.48, compared to a current price of 円1,485.00 — trading 13% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.25, which is near median its 10-year median of 1.25 and 7.8% above the Construction industry median of 1.16. SEMBA's overall GF Score™ is 78/100 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 SEMBA (TSE:6540), the current Cyclically Adjusted PB Ratio is 1.25 as of Jul. 29, 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 SEMBA (TSE:6540) Overvalued in 2026?

Based on GuruFocus' analysis, SEMBA stock appears to be undervalued. The current stock price of 円1,485.00 is trading 13% below its estimated GF Value™ of 円1,706.48. GuruFocus considers SEMBA to be Modestly Undervalued.

Key valuation signals for TSE:6540:

  • Cyclically Adjusted PB Ratio: 1.25 (near median its 10-year median of 1.25)
  • GF Value™: 円1,706.48 vs. price of 円1,485.00 (13% below fair value)
  • GF Score™: 78/100 with 3 warning signs
  • Industry Position: 7.8% above the Construction median (#720 of 1357)

No single metric tells the full story. See the TSE:6540 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


SEMBA Business Description

Address 1-2-3 Shibaura, 9th Floor, Seavans South Building, Minato-ku, Tokyo, JPN, 105-0023
SEMBA Corp provides interior construction services. The company offers administration, operation, and sales promotion for commercial space, market research, and general construction services. Semba serves customers in Japan. The Company is involved in market research and analysis, commercial facilities management and operation, sales promotion, designing, manufacturing, and selling of display tools, general construction business, and other related business activities.
78GF Score

Get the complete analysis for TSE:6540

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

円1,485.00
Price
円1,706.48
GF Value