PIALA (TSE:7044) Cyclically Adjusted PB Ratio: 2.94 (As of Aug. 08, 2026) — Near Median

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.
Reviewed by: Charlie Tian Charlie Tian
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:7044 PIALA Inc TSE:7044
59 GF Score
Price 円498.00
GF Value 円588.39
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is PIALA Cyclically Adjusted PB Ratio?

PIALA TSE:7044 +0.81% 59 Cyclically Adjusted PB Ratio is 2.94 as of Aug. 08, 2026, which is 6% below its 10-year median of 3.14. GuruFocus rates TSE:7044 with a GF Score™ of 59/100 and a GF Value™ of 円588.39 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 702 Media - Diversified companies, PIALA ranks worse than 82.62% on this metric.

As of today (2026-08-08), PIALA's current share price is 円498.00. PIALA's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 was 円169.21. PIALA's Cyclically Adjusted PB Ratio for today is 2.94.

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

TSE:7044' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.79   Med: 3.14   Max: 3.39
Current: 2.85

During the past 10 years, PIALA's highest Cyclically Adjusted PB Ratio was 3.39. The lowest was 2.79. And the median was 3.14.

TSE:7044's Cyclically Adjusted PB Ratio is ranked worse than
82.62% of 702 companies
in the Media - Diversified industry
Industry Median: 0.95 vs TSE:7044: 2.85

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.

PIALA's adjusted book value per share data of for the fiscal year that ended in Dec25 was 円79.788. 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169.21 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


PIALA  (TSE:7044) 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.


PIALA Cyclically Adjusted PB Ratio Related Terms


PIALA Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for PIALA'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.

PIALA Cyclically Adjusted PB Ratio Chart

PIALA 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 0.00 0.00 3.32

PIALA 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 3.32 0.00

TSE:7044 vs APP, OMC, TTD: Cyclically Adjusted PB Ratio Comparison

For the Advertising Agencies subindustry, PIALA'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.


PIALA Cyclically Adjusted PB Ratio vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, PIALA's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TSE:7044
59GF Score
PIALA Inc TSE:7044
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PIALA 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=498.00/169.21
=2.94

* 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.

PIALA's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 is calculated as:

For example, PIALA's adjusted Book Value per Share data for the fiscal year that ended in Dec25 was:

Adj_Book=Book Value per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=79.788/113.0000*113.0000
=79.788

Current CPI (Dec25) = 113.0000.

PIALA Annual Data

Book Value per Share CPI Adj_Book
201612 -23.649 98.400 -27.158
201712 52.384 99.400 59.551
201812 218.266 99.700 247.383
201912 263.002 100.500 295.714
202012 310.145 99.300 352.934
202112 265.908 100.100 300.176
202212 219.394 104.100 238.151
202312 77.108 106.800 81.584
202412 62.651 110.700 63.953
202512 79.788 113.000 79.788

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 2.94 mean?
PIALA (TSE:7044) has a Cyclically Adjusted PB Ratio of 2.94 as of Aug. 08, 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 PIALA and its competitors. This is near median its historical median of 3.14. Over the past decade, PIALA's Cyclically Adjusted PB Ratio has ranged from 2.79 to 3.39. According to the industry distribution chart, PIALA ranks #580 out of 702 companies in the Media - Diversified industry, placing it in the top 82.6%.
Is PIALA's Cyclically Adjusted PB Ratio too high?
PIALA's current Cyclically Adjusted PB Ratio of 2.94 is near median its 10-year median of 3.14. Over the past 10 years, this metric has ranged from a low of 2.79 to a high of 3.39. The Media - Diversified industry median Cyclically Adjusted PB Ratio is 0.95. PIALA's value of 2.94 is 209.5% above this industry median. Based on the distribution chart, PIALA ranks #580 out of 702 companies in the Media - Diversified industry, which is in the bottom quartile relative to peers. Overall, PIALA has a GF Score™ of 59/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PIALA's Cyclically Adjusted PB Ratio compare to APP and OMC?
According to the Media - Diversified industry distribution chart, PIALA ranks #580 out of 702 companies for Cyclically Adjusted PB Ratio. This places PIALA in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.95. PIALA's value of 2.94 is 209.5% above this benchmark. Historically, PIALA's own Cyclically Adjusted PB Ratio has ranged from 2.79 to 3.39 over the past decade. While the company's 10-year median is 3.14 vs. the industry median of 0.95, PIALA 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 Media - Diversified company?
The median Cyclically Adjusted PB Ratio among Media - Diversified companies is 0.95, based on 702 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. PIALA's current Cyclically Adjusted PB Ratio of 2.94 is 209.5% 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 PIALA and its competitors. For the Media - Diversified industry, the median Cyclically Adjusted PB Ratio is 0.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PIALA's current Cyclically Adjusted PB Ratio is 2.94, which is near median its own 10-year median of 3.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PIALA stock overvalued right now?
Based on GuruFocus' analysis, PIALA (TSE:7044) is currently considered Modestly Undervalued. The stock's GF Value™ is 円588.39, compared to a current price of 円498.00 — trading 15.4% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.94, which is near median its 10-year median of 3.14 and 209.5% above the Media - Diversified industry median of 0.95. PIALA's overall GF Score™ is 59/100 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 PIALA (TSE:7044), the current Cyclically Adjusted PB Ratio is 2.94 as of Aug. 08, 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 PIALA (TSE:7044) Overvalued in 2026?

Based on GuruFocus' analysis, PIALA stock appears to be undervalued. The current stock price of 円498.00 is trading 15.4% below its estimated GF Value™ of 円588.39. GuruFocus considers PIALA to be Modestly Undervalued.

Key valuation signals for TSE:7044:

  • Cyclically Adjusted PB Ratio: 2.94 (near median its 10-year median of 3.14)
  • GF Value™: 円588.39 vs. price of 円498.00 (15.4% below fair value)
  • GF Score™: 59/100 with 3 warning signs
  • Industry Position: 209.5% above the Media - Diversified median (#580 of 702)

No single metric tells the full story. See the TSE:7044 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


PIALA Business Description

Address 4-20-3 Ebisu, 13th Floor Ebisu Garden Place Tower, Shibuya-ku, Tokyo, JPN, 150-6013
PIALA Inc provides marketing automation solutions to clients. It develops various services as a general support for its clients, such as solutions for real/web media, big data analysis, and consultation. It offers marketing, event, system/apps development, design, and other services.
59GF Score

Get the complete analysis for TSE:7044

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

円498.00
Price
円588.39
GF Value