Fibergate (TSE:9450) Cyclically Adjusted PB Ratio: 4.47 (As of Aug. 13, 2026) — Near Median

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TSE:9450 Fibergate Inc TSE:9450
78 GF Score
Price 円800.00
GF Value 円1,101.81
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Fibergate Cyclically Adjusted PB Ratio?

Fibergate TSE:9450 +0.63% 78 Cyclically Adjusted PB Ratio is 4.47 as of Aug. 13, 2026, which is 1% above its 10-year median of 4.43. GuruFocus rates TSE:9450 with a GF Score™ of 78/100 and a GF Value™ of 円1,101.81 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 289 Telecommunication Services companies, Fibergate ranks worse than 85.81% on this metric.

As of today (2026-08-13), Fibergate's current share price is 円800.00. Fibergate's Cyclically Adjusted Book per Share for the fiscal year that ended in Jun25 was 円178.78. Fibergate's Cyclically Adjusted PB Ratio for today is 4.47.

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

TSE:9450' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 4.24   Med: 4.43   Max: 4.66
Current: 4.45

During the past 10 years, Fibergate's highest Cyclically Adjusted PB Ratio was 4.66. The lowest was 4.24. And the median was 4.43.

TSE:9450's Cyclically Adjusted PB Ratio is ranked worse than
85.81% of 289 companies
in the Telecommunication Services industry
Industry Median: 1.77 vs TSE:9450: 4.45

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.

Fibergate's adjusted book value per share data of for the fiscal year that ended in Jun25 was 円320.759. 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178.78 for the trailing ten years ended in Jun25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fibergate  (TSE:9450) 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.


Fibergate Cyclically Adjusted PB Ratio Related Terms


Fibergate Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Fibergate'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.

Fibergate Cyclically Adjusted PB Ratio Chart

Fibergate Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 4.03

Fibergate 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 4.03 0.00 0.00 0.00

TSE:9450 vs VZ, TMUS, T: Cyclically Adjusted PB Ratio Comparison

For the Telecom Services subindustry, Fibergate'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.


Fibergate Cyclically Adjusted PB Ratio vs Telecommunication Services Industry

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

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


TSE:9450
78GF Score
Fibergate Inc TSE:9450
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fibergate 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=800.00/178.78
=4.47

* 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.

Fibergate's Cyclically Adjusted Book per Share for the fiscal year that ended in Jun25 is calculated as:

For example, Fibergate's adjusted Book Value per Share data for the fiscal year that ended in Jun25 was:

Adj_Book=Book Value per Share/CPI of Jun25 (Change)*Current CPI (Jun25)
=320.759/111.7000*111.7000
=320.759

Current CPI (Jun25) = 111.7000.

Fibergate Annual Data

Book Value per Share CPI Adj_Book
201606 10.889 98.100 12.399
201706 22.416 98.500 25.420
201806 72.456 99.200 81.586
201906 101.027 99.800 113.073
202006 133.515 99.900 149.286
202106 180.338 99.500 202.450
202206 160.694 101.800 176.321
202306 231.014 105.200 245.288
202406 285.580 108.200 294.818
202506 320.759 111.700 320.759

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 4.47 mean?
Fibergate (TSE:9450) has a Cyclically Adjusted PB Ratio of 4.47 as of Aug. 13, 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 Fibergate and its competitors. This is near median its historical median of 4.43. Over the past decade, Fibergate's Cyclically Adjusted PB Ratio has ranged from 4.24 to 4.66. According to the industry distribution chart, Fibergate ranks #248 out of 289 companies in the Telecommunication Services industry, placing it in the top 85.8%.
Is Fibergate's Cyclically Adjusted PB Ratio too high?
Fibergate's current Cyclically Adjusted PB Ratio of 4.47 is near median its 10-year median of 4.43. Over the past 10 years, this metric has ranged from a low of 4.24 to a high of 4.66. The Telecommunication Services industry median Cyclically Adjusted PB Ratio is 1.77. Fibergate's value of 4.47 is 152.5% above this industry median. Based on the distribution chart, Fibergate ranks #248 out of 289 companies in the Telecommunication Services industry, which is in the bottom quartile relative to peers. Overall, Fibergate has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Fibergate's Cyclically Adjusted PB Ratio compare to VZ and TMUS?
According to the Telecommunication Services industry distribution chart, Fibergate ranks #248 out of 289 companies for Cyclically Adjusted PB Ratio. This places Fibergate in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.77. Fibergate's value of 4.47 is 152.5% above this benchmark. Historically, Fibergate's own Cyclically Adjusted PB Ratio has ranged from 4.24 to 4.66 over the past decade. While the company's 10-year median is 4.43 vs. the industry median of 1.77, Fibergate 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 1.77, 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. Fibergate's current Cyclically Adjusted PB Ratio of 4.47 is 152.5% 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 Fibergate and its competitors. For the Telecommunication Services industry, the median Cyclically Adjusted PB Ratio is 1.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fibergate's current Cyclically Adjusted PB Ratio is 4.47, which is near median its own 10-year median of 4.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fibergate stock overvalued right now?
Based on GuruFocus' analysis, Fibergate (TSE:9450) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,101.81, compared to a current price of 円800.00 — trading 27.4% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 4.47, which is near median its 10-year median of 4.43 and 152.5% above the Telecommunication Services industry median of 1.77. Fibergate's overall GF Score™ is 78/100 with 1 warning sign 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 Fibergate (TSE:9450), the current Cyclically Adjusted PB Ratio is 4.47 as of Aug. 13, 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 Fibergate (TSE:9450) Overvalued in 2026?

Based on GuruFocus' analysis, Fibergate stock appears to be undervalued. The current stock price of 円800.00 is trading 27.4% below its estimated GF Value™ of 円1,101.81. GuruFocus considers Fibergate to be Modestly Undervalued.

Key valuation signals for TSE:9450:

  • Cyclically Adjusted PB Ratio: 4.47 (near median its 10-year median of 4.43)
  • GF Value™: 円1,101.81 vs. price of 円800.00 (27.4% below fair value)
  • GF Score™: 78/100 with 1 warning sign
  • Industry Position: 152.5% above the Telecommunication Services median (#248 of 289)

No single metric tells the full story. See the TSE:9450 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fibergate Business Description

Address 10-3 Minami1jonishi 8chome, Chuo-ku, Hokkaido, Sapporo, JPN
Fibergate Inc provides Wi-Fi solutions and services, including devices to apartment complexes, condominiums, commercial properties, student dormitories, hotels, and office buildings.
78GF Score

Get the complete analysis for TSE:9450

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

円800.00
Price
円1,101.81
GF Value