Nippon BS Broadcasting (TSE:9414) Cyclically Adjusted PB Ratio: 0.78 (As of Aug. 18, 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:9414 Nippon BS Broadcasting Corp TSE:9414
64 GF Score
Price 円923.00
GF Value 円858.98
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Nippon BS Broadcasting Cyclically Adjusted PB Ratio?

Nippon BS Broadcasting TSE:9414 -0.22% 64 Cyclically Adjusted PB Ratio is 0.78 as of Aug. 18, 2026, which is 6% below its 10-year median of 0.83. GuruFocus rates TSE:9414 with a GF Score™ of 64/100 and a GF Value™ of 円858.98 (Fairly Valued). The stock has 3 warning signs investors should review. Among 688 Media - Diversified companies, Nippon BS Broadcasting ranks better than 58.72% on this metric.

As of today (2026-08-18), Nippon BS Broadcasting's current share price is 円923.00. Nippon BS Broadcasting's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2026 was 円1,182.59. Nippon BS Broadcasting's Cyclically Adjusted PB Ratio for today is 0.78.

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

TSE:9414' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.76   Med: 0.83   Max: 0.96
Current: 0.78

During the past years, Nippon BS Broadcasting's highest Cyclically Adjusted PB Ratio was 0.96. The lowest was 0.76. And the median was 0.83.

TSE:9414's Cyclically Adjusted PB Ratio is ranked better than
58.72% of 688 companies
in the Media - Diversified industry
Industry Median: 1 vs TSE:9414: 0.78

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.

Nippon BS Broadcasting's adjusted book value per share data for the three months ended in Feb. 2026 was 円1,373.096. 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1,182.59 for the trailing ten years ended in Feb. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nippon BS Broadcasting  (TSE:9414) 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.


Nippon BS Broadcasting Cyclically Adjusted PB Ratio Related Terms


Nippon BS Broadcasting Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Nippon BS Broadcasting'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.

Nippon BS Broadcasting Cyclically Adjusted PB Ratio Chart

Nippon BS Broadcasting Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.90 0.82 0.80

Nippon BS Broadcasting Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 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 0.80 0.80 0.82 0.84 0.00

TSE:9414 vs NXST: Cyclically Adjusted PB Ratio Comparison

For the Broadcasting subindustry, Nippon BS Broadcasting'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.


Nippon BS Broadcasting Cyclically Adjusted PB Ratio vs Media - Diversified Industry

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

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


TSE:9414
64GF Score
Nippon BS Broadcasting Corp TSE:9414
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nippon BS Broadcasting 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.

Nippon BS Broadcasting's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=923.00/1182.59
=0.78

* 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.

Nippon BS Broadcasting's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2026 is calculated as:

For example, Nippon BS Broadcasting's adjusted Book Value per Share data for the three months ended in Feb. 2026 was:

Adj_Book=Book Value per Share/CPI of Feb. 2026 (Change)*Current CPI (Feb. 2026)
=1373.096/112.2000*112.2000
=1,373.096

Current CPI (Feb. 2026) = 112.2000.

Nippon BS Broadcasting Quarterly Data

Book Value per Share CPI Adj_Book
201602 765.190 97.800 877.856
201605 783.921 98.200 895.682
201608 802.161 97.900 919.331
201611 808.538 98.600 920.060
201702 830.850 98.100 950.269
201705 852.357 98.600 969.923
201708 870.427 98.500 991.491
201711 881.571 99.100 998.106
201802 912.969 99.500 1,029.499
201805 928.081 99.300 1,048.647
201808 945.904 99.800 1,063.431
201811 944.195 100.000 1,059.387
201902 963.497 99.700 1,084.297
201905 978.017 100.000 1,097.335
201908 992.241 100.000 1,113.294
201911 990.414 100.500 1,105.716
202002 1,011.033 100.300 1,130.986
202005 1,036.821 100.100 1,162.151
202008 1,055.958 100.100 1,183.601
202011 1,060.548 99.500 1,195.914
202102 1,087.448 99.800 1,222.562
202105 1,115.263 99.400 1,258.878
202108 1,141.101 99.700 1,284.168
202111 1,147.279 100.100 1,285.961
202202 1,172.572 100.700 1,306.480
202205 1,194.809 101.800 1,316.872
202208 1,211.484 102.700 1,323.549
202211 1,214.662 103.900 1,311.695
202302 1,233.974 104.000 1,331.268
202305 1,253.326 105.100 1,337.994
202308 1,269.378 105.900 1,344.893
202311 1,256.755 106.900 1,319.064
202402 1,278.861 106.900 1,342.266
202405 1,303.248 108.100 1,352.677
202408 1,324.516 109.100 1,362.151
202502 1,340.418 110.800 1,357.355
202505 1,355.074 111.800 1,359.922
202508 1,370.948 112.100 1,372.171
202511 1,355.588 113.200 1,343.613
202602 1,373.096 112.200 1,373.096

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 0.78 mean?
Nippon BS Broadcasting (TSE:9414) has a Cyclically Adjusted PB Ratio of 0.78 as of Aug. 18, 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 Nippon BS Broadcasting and its competitors. This is near median its historical median of 0.83. Over the past decade, Nippon BS Broadcasting's Cyclically Adjusted PB Ratio has ranged from 0.76 to 0.96. According to the industry distribution chart, Nippon BS Broadcasting ranks #284 out of 688 companies in the Media - Diversified industry, placing it in the top 41.3%.
Is Nippon BS Broadcasting's Cyclically Adjusted PB Ratio too high?
Nippon BS Broadcasting's current Cyclically Adjusted PB Ratio of 0.78 is near median its 10-year median of 0.83. Over the past 10 years, this metric has ranged from a low of 0.76 to a high of 0.96. The Media - Diversified industry median Cyclically Adjusted PB Ratio is 1.00. Nippon BS Broadcasting's value of 0.78 is 22% below this industry median. Based on the distribution chart, Nippon BS Broadcasting ranks #284 out of 688 companies in the Media - Diversified industry, which is above the industry midpoint. Overall, Nippon BS Broadcasting has a GF Score™ of 64/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nippon BS Broadcasting's Cyclically Adjusted PB Ratio compare to NXST?
According to the Media - Diversified industry distribution chart, Nippon BS Broadcasting ranks #284 out of 688 companies for Cyclically Adjusted PB Ratio. This puts Nippon BS Broadcasting in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.00. Nippon BS Broadcasting's value of 0.78 is 22% below this benchmark. Historically, Nippon BS Broadcasting's own Cyclically Adjusted PB Ratio has ranged from 0.76 to 0.96 over the past decade. While the company's 10-year median is 0.83 vs. the industry median of 1.00, Nippon BS Broadcasting has consistently been below 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 1.00, based on 688 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. Nippon BS Broadcasting's current Cyclically Adjusted PB Ratio of 0.78 is 22% below 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 Nippon BS Broadcasting and its competitors. For the Media - Diversified industry, the median Cyclically Adjusted PB Ratio is 1.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nippon BS Broadcasting's current Cyclically Adjusted PB Ratio is 0.78, which is near median its own 10-year median of 0.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon BS Broadcasting stock overvalued right now?
Based on GuruFocus' analysis, Nippon BS Broadcasting (TSE:9414) is currently considered Fairly Valued. The stock's GF Value™ is 円858.98, compared to a current price of 円923.00 — trading 7.5% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.78, which is near median its 10-year median of 0.83 and 22% below the Media - Diversified industry median of 1.00. Nippon BS Broadcasting's overall GF Score™ is 64/100 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 Nippon BS Broadcasting (TSE:9414), the current Cyclically Adjusted PB Ratio is 0.78 as of Aug. 18, 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 Nippon BS Broadcasting (TSE:9414) Overvalued in 2026?

Based on GuruFocus' analysis, Nippon BS Broadcasting stock appears to be overvalued. The current stock price of 円923.00 is trading 7.5% above its estimated GF Value™ of 円858.98. GuruFocus considers Nippon BS Broadcasting to be Fairly Valued.

Key valuation signals for TSE:9414:

  • Cyclically Adjusted PB Ratio: 0.78 (near median its 10-year median of 0.83)
  • GF Value™: 円858.98 vs. price of 円923.00 (7.5% above fair value)
  • GF Score™: 64/100 with 3 warning signs
  • Industry Position: 22% below the Media - Diversified median (#284 of 688)

No single metric tells the full story. See the TSE:9414 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nippon BS Broadcasting Business Description

Address 2-5 Kanda Surugadai, Chiyoda-ku, Tokyo, JPN, 101-0062
Nippon BS Broadcasting Corp is a Japan-based company engages in the satellite broadcasting services. It provides various programs that include news, economy, entertainment, drama, movie, anime, hobby and art, travel, education, sports, and special program.
64GF Score

Get the complete analysis for TSE:9414

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

円923.00
Price
円858.98
GF Value