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Japan CommunicationsTSE:9424 +0.84%59 Cyclically Adjusted PB Ratio is 10.19 as of Sep. 07, 2026, which is 18% below its 10-year median of 12.42. GuruFocus rates TSE:9424 with a GF Score™ of 59/100 and a GF Value™ of 円240.08 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 289 Telecommunication Services companies, Japan Communications ranks worse than 95.85% on this metric.
The historical rank and industry rank for Japan Communications's Cyclically Adjusted PB Ratio or its related term are showing as below:
TSE:9424'
s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 5.58 Med: 12.42 Max: 20.89
Current: 10.1
During the past years, Japan Communications's highest Cyclically Adjusted PB Ratio was 20.89. The lowest was 5.58. And the median was 12.42.
TSE:9424's Cyclically Adjusted PB Ratio is ranked worse than 95.85% of 289
companies
in the Telecommunication Services industry
Industry Median: 1.75
vs TSE:9424: 10.10
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.
Japan Communications's adjusted book value per share data for the three months ended in Mar. 2026 was 円27.700. 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11.78 for the trailing ten years ended in Mar. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Japan Communications (TSE:9424) 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.
Japan Communications Cyclically Adjusted PB Ratio Related Terms
Japan Communications Cyclically Adjusted PB Ratio Historical Data
* Premium members only.
The historical data trend for Japan Communications'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.
Japan Communications Cyclically Adjusted PB Ratio Chart
TSE:9424 vs VZ, TMUS, T: Cyclically Adjusted PB Ratio Comparison
For the Telecom Services subindustry, Japan Communications'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.
Japan Communications Cyclically Adjusted PB Ratio vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Japan Communications's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where Japan Communications's Cyclically Adjusted PB Ratio falls into.
Japan Communications 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.
* 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.
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 10.19 mean?
Japan Communications (TSE:9424) has a Cyclically Adjusted PB Ratio of 10.19 as of Sep. 07, 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 Japan Communications and its competitors. This is 18% below median its historical median of 12.42. Over the past decade, Japan Communications' Cyclically Adjusted PB Ratio has ranged from 5.58 to 20.89. According to the industry distribution chart, Japan Communications ranks #277 out of 289 companies in the Telecommunication Services industry, placing it in the top 95.8%.
Is Japan Communications' Cyclically Adjusted PB Ratio too high?
Japan Communications' current Cyclically Adjusted PB Ratio of 10.19 is 18% below median its 10-year median of 12.42. Over the past 10 years, this metric has ranged from a low of 5.58 to a high of 20.89. The Telecommunication Services industry median Cyclically Adjusted PB Ratio is 1.75. Japan Communications' value of 10.19 is 482.3% above this industry median. Based on the distribution chart, Japan Communications ranks #277 out of 289 companies in the Telecommunication Services industry, which is in the bottom quartile relative to peers. Overall, Japan Communications has a GF Score™ of 59/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Japan Communications' Cyclically Adjusted PB Ratio compare to VZ and TMUS?
According to the Telecommunication Services industry distribution chart, Japan Communications ranks #277 out of 289 companies for Cyclically Adjusted PB Ratio. This places Japan Communications in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.75. Japan Communications' value of 10.19 is 482.3% above this benchmark. Historically, Japan Communications' own Cyclically Adjusted PB Ratio has ranged from 5.58 to 20.89 over the past decade. While the company's 10-year median is 12.42 vs. the industry median of 1.75, Japan Communications 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 1.75, based on 289 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. Japan Communications's current Cyclically Adjusted PB Ratio of 10.19 is 482.3% 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 Japan Communications and its competitors. For the Telecommunication Services industry, the median Cyclically Adjusted PB Ratio is 1.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Japan Communications's current Cyclically Adjusted PB Ratio is 10.19, which is 18% below median its own 10-year median of 12.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Japan Communications stock overvalued right now?
Based on GuruFocus' analysis, Japan Communications (TSE:9424) is currently considered Possible Value Trap. The stock's GF Value™ is 円240.08, compared to a current price of 円120.00 — trading 50% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 10.19, which is 18% below median its 10-year median of 12.42 and 482.3% above the Telecommunication Services industry median of 1.75. Japan Communications' overall GF Score™ is 59/100 with 2 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 Japan Communications (TSE:9424), the current Cyclically Adjusted PB Ratio is 10.19 as of Sep. 07, 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 Japan Communications (TSE:9424) Overvalued in 2026?
Based on GuruFocus' analysis, Japan Communications stock appears to be undervalued.
The current stock price of 円120.00 is trading 50% below its estimated GF Value™ of 円240.08.
GuruFocus considers Japan Communications to be Possible Value Trap.
Key valuation signals for TSE:9424:
Cyclically Adjusted PB Ratio: 10.19 (18% below median its 10-year median of 12.42)
GF Value™: 円240.08 vs. price of 円120.00 (50% below fair value)
Industry Position: 482.3% above the Telecommunication Services median (#277 of 289)
No single metric tells the full story. See the TSE:9424 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Japan Communications Inc is a mobile virtual network operator. It creates the next generation internet to assist industrial structure through mobile technology. The company provides mobile platforms to handset manufacturers, IP-PBX makers, system integrators, and others.
59GF Score
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