Vision (TSE:9416) Cyclically Adjusted PB Ratio: 3.77 (As of Aug. 15, 2026) — 21% Below Median

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TSE:9416 Vision Inc TSE:9416
92 GF Score
Price 円1,036.00
GF Value 円1,094.87
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Vision Cyclically Adjusted PB Ratio?

Vision TSE:9416 -1.43% 92 Cyclically Adjusted PB Ratio is 3.77 as of Aug. 15, 2026, which is 21% below its 10-year median of 4.75. GuruFocus rates TSE:9416 with a GF Score™ of 92/100 and a GF Value™ of 円1,094.87 (Fairly Valued). The stock has 3 warning signs investors should review. Among 290 Telecommunication Services companies, Vision ranks worse than 80.69% on this metric.

As of today (2026-08-15), Vision's current share price is 円1036.00. Vision's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was 円274.87. Vision's Cyclically Adjusted PB Ratio for today is 3.77.

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

TSE:9416' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.59   Med: 4.75   Max: 5.19
Current: 3.82

During the past years, Vision's highest Cyclically Adjusted PB Ratio was 5.19. The lowest was 3.59. And the median was 4.75.

TSE:9416's Cyclically Adjusted PB Ratio is ranked worse than
80.69% of 290 companies
in the Telecommunication Services industry
Industry Median: 1.785 vs TSE:9416: 3.82

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.

Vision's adjusted book value per share data for the three months ended in Jun. 2026 was 円427.279. 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274.87 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Vision  (TSE:9416) 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.


Vision Cyclically Adjusted PB Ratio Related Terms


Vision Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Vision'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.

Vision Cyclically Adjusted PB Ratio Chart

Vision 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 4.97

Vision Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 4.77 4.96 4.97 4.26 3.53

TSE:9416 vs VZ, TMUS, T: Cyclically Adjusted PB Ratio Comparison

For the Telecom Services subindustry, Vision'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.


Vision Cyclically Adjusted PB Ratio vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Vision's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TSE:9416
92GF Score
Vision Inc TSE:9416
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Vision 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1036.00/274.87
=3.77

* 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.

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

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

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=427.279/113.6000*113.6000
=427.279

Current CPI (Jun. 2026) = 113.6000.

Vision Quarterly Data

Book Value per Share CPI Adj_Book
201609 145.632 98.000 168.814
201612 150.107 98.400 173.294
201703 156.980 98.100 181.783
201706 161.874 98.500 186.689
201709 171.749 98.800 197.477
201712 175.834 99.400 200.953
201803 183.787 99.200 210.466
201806 187.406 99.200 214.610
201809 200.082 99.900 227.521
201812 201.386 99.700 229.463
201903 215.015 99.700 244.992
201906 222.826 99.800 253.638
201909 221.731 100.100 251.635
201912 227.248 100.500 256.869
202003 213.325 100.300 241.612
202006 181.912 99.900 206.859
202009 185.127 99.900 210.515
202012 186.243 99.300 213.063
202103 191.301 99.900 217.535
202106 196.437 99.500 224.274
202109 201.672 100.100 228.871
202112 212.645 100.100 241.323
202203 218.275 101.100 245.263
202206 225.333 101.800 251.452
202209 240.601 103.100 265.104
202212 245.983 104.100 268.431
202303 265.358 104.400 288.742
202306 282.570 105.200 305.133
202309 302.930 106.200 324.038
202312 302.223 106.800 321.466
202403 324.824 107.200 344.216
202406 343.220 108.200 360.349
202409 353.405 108.900 368.658
202412 366.282 110.700 375.877
202503 381.553 111.100 390.139
202506 397.946 111.700 404.715
202509 404.053 112.000 409.825
202512 432.533 113.000 434.830
202603 423.521 112.700 426.903
202606 427.279 113.600 427.279

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 3.77 mean?
Vision (TSE:9416) has a Cyclically Adjusted PB Ratio of 3.77 as of Aug. 15, 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 Vision and its competitors. This is 21% below median its historical median of 4.75. Over the past decade, Vision's Cyclically Adjusted PB Ratio has ranged from 3.59 to 5.19. According to the industry distribution chart, Vision ranks #234 out of 290 companies in the Telecommunication Services industry, placing it in the top 80.7%.
Is Vision's Cyclically Adjusted PB Ratio too high?
Vision's current Cyclically Adjusted PB Ratio of 3.77 is 21% below median its 10-year median of 4.75. Over the past 10 years, this metric has ranged from a low of 3.59 to a high of 5.19. The Telecommunication Services industry median Cyclically Adjusted PB Ratio is 1.79. Vision's value of 3.77 is 111.2% above this industry median. Based on the distribution chart, Vision ranks #234 out of 290 companies in the Telecommunication Services industry, which is in the bottom quartile relative to peers. Overall, Vision has a GF Score™ of 92/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Vision's Cyclically Adjusted PB Ratio compare to VZ and TMUS?
According to the Telecommunication Services industry distribution chart, Vision ranks #234 out of 290 companies for Cyclically Adjusted PB Ratio. This places Vision in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.79. Vision's value of 3.77 is 111.2% above this benchmark. Historically, Vision's own Cyclically Adjusted PB Ratio has ranged from 3.59 to 5.19 over the past decade. While the company's 10-year median is 4.75 vs. the industry median of 1.79, Vision 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 Telecommunication Services company?
The median Cyclically Adjusted PB Ratio among Telecommunication Services companies is 1.79, based on 290 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. Vision's current Cyclically Adjusted PB Ratio of 3.77 is 111.2% 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 Vision and its competitors. For the Telecommunication Services industry, the median Cyclically Adjusted PB Ratio is 1.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vision's current Cyclically Adjusted PB Ratio is 3.77, which is 21% below median its own 10-year median of 4.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vision stock overvalued right now?
Based on GuruFocus' analysis, Vision (TSE:9416) is currently considered Fairly Valued. The stock's GF Value™ is 円1,094.87, compared to a current price of 円1,036.00 — trading 5.4% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 3.77, which is 21% below median its 10-year median of 4.75 and 111.2% above the Telecommunication Services industry median of 1.79. Vision's overall GF Score™ is 92/100 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 Vision (TSE:9416), the current Cyclically Adjusted PB Ratio is 3.77 as of Aug. 15, 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 Vision (TSE:9416) Overvalued in 2026?

Based on GuruFocus' analysis, Vision stock appears to be undervalued. The current stock price of 円1,036.00 is trading 5.4% below its estimated GF Value™ of 円1,094.87. GuruFocus considers Vision to be Fairly Valued.

Key valuation signals for TSE:9416:

  • Cyclically Adjusted PB Ratio: 3.77 (21% below median its 10-year median of 4.75)
  • GF Value™: 円1,094.87 vs. price of 円1,036.00 (5.4% below fair value)
  • GF Score™: 92/100 with 3 warning signs
  • Industry Position: 111.2% above the Telecommunication Services median (#234 of 290)

No single metric tells the full story. See the TSE:9416 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Vision Business Description

Address 6-27-30 Shinjuku, Shinjuku Eastside Square, 8th Floor, Shinjuku-ku, Tokyo, JPN, 160-0022
Vision Inc provides telecommunications services. The company's services include Information and Communications, Fixed-line telecommunications, Mobile Communications, Broadband, Office automation equipment, and Internet media. It also offers WiFi services. The Group is composed of segments by product and service and has three reporting segments-GLOBAL WIFI Business, Information and Communications Service Business and Glamping and Tourism Business generating key revenue from Global WIFI Business segment.
92GF Score

Get the complete analysis for TSE:9416

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

円1,036.00
Price
円1,094.87
GF Value