Capcom Co (TSE:9697) Cyclically Adjusted PB Ratio: 11.34 (As of Aug. 13, 2026) — 28% Above Median

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TSE:9697 Capcom Co Ltd TSE:9697
96 GF Score
Price 円4,147.00
GF Value 円4,378.54
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is Capcom Co Cyclically Adjusted PB Ratio?

Capcom Co TSE:9697 -1.80% 96 Cyclically Adjusted PB Ratio is 11.34 as of Aug. 13, 2026, which is 28% above its 10-year median of 8.85. GuruFocus rates TSE:9697 with a GF Score™ of 96/100 and a GF Value™ of 円4,378.54 (Fairly Valued). The stock has 2 warning signs investors should review. Among 344 Interactive Media companies, Capcom Co ranks worse than 95.06% on this metric.

As of today (2026-08-13), Capcom Co's current share price is 円4147.00. Capcom Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was 円365.70. Capcom Co's Cyclically Adjusted PB Ratio for today is 11.34.

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

TSE:9697' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.33   Med: 8.85   Max: 16
Current: 11.35

During the past years, Capcom Co's highest Cyclically Adjusted PB Ratio was 16.00. The lowest was 2.33. And the median was 8.85.

TSE:9697's Cyclically Adjusted PB Ratio is ranked worse than
95.06% of 344 companies
in the Interactive Media industry
Industry Median: 1.505 vs TSE:9697: 11.35

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.

Capcom Co's adjusted book value per share data for the three months ended in Jun. 2026 was 円685.826. 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365.70 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Capcom Co  (TSE:9697) 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.


Capcom Co Cyclically Adjusted PB Ratio Related Terms


Capcom Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Capcom Co'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.

Capcom Co Cyclically Adjusted PB Ratio Chart

Capcom Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.41 10.38 10.59 12.01 9.56

Capcom Co 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 15.61 12.30 10.74 9.56 8.24

TSE:9697 vs NTES, EA, TTWO: Cyclically Adjusted PB Ratio Comparison

For the Electronic Gaming & Multimedia subindustry, Capcom Co'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.


Capcom Co Cyclically Adjusted PB Ratio vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Capcom Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TSE:9697
96GF Score
Capcom Co Ltd TSE:9697
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Capcom Co 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.

Capcom Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4147.00/365.70
=11.34

* 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.

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

For example, Capcom Co'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)
=685.826/113.6000*113.6000
=685.826

Current CPI (Jun. 2026) = 113.6000.

Capcom Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 152.039 98.000 176.241
201612 161.129 98.400 186.019
201703 177.578 98.100 205.636
201706 176.571 98.500 203.639
201709 184.230 98.800 211.827
201712 183.871 99.400 210.138
201803 195.040 99.200 223.352
201806 200.453 99.200 229.551
201809 208.845 99.900 237.485
201812 200.033 99.700 227.921
201903 207.838 99.700 236.814
201906 214.121 99.800 243.729
201909 224.191 100.100 254.427
201912 228.027 100.500 257.750
202003 233.568 100.300 264.540
202006 245.683 99.900 279.375
202009 257.575 99.900 292.898
202012 261.701 99.300 299.388
202103 282.891 99.900 321.686
202106 312.186 99.500 356.425
202109 322.605 100.100 366.113
202112 325.563 100.100 369.470
202203 343.034 101.100 385.447
202206 350.484 101.800 391.110
202209 345.922 103.100 381.152
202212 346.567 104.100 378.194
202303 385.269 104.400 419.220
202306 416.463 105.200 449.717
202309 436.061 106.200 466.446
202312 439.334 106.800 467.307
202403 466.434 107.200 494.281
202406 474.864 108.200 498.563
202409 475.540 108.900 496.064
202412 485.500 110.700 498.219
202503 541.048 111.100 553.223
202506 558.441 111.700 567.940
202509 586.168 112.000 594.542
202512 598.244 113.000 601.421
202603 639.958 112.700 645.069
202606 685.826 113.600 685.826

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 11.34 mean?
Capcom Co (TSE:9697) has a Cyclically Adjusted PB Ratio of 11.34 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 Capcom Co and its competitors. This is 28% above median its historical median of 8.85. Over the past decade, Capcom Co's Cyclically Adjusted PB Ratio has ranged from 2.33 to 16.00. According to the industry distribution chart, Capcom Co ranks #327 out of 344 companies in the Interactive Media industry, placing it in the top 95.1%.
Is Capcom Co's Cyclically Adjusted PB Ratio too high?
Capcom Co's current Cyclically Adjusted PB Ratio of 11.34 is 28% above median its 10-year median of 8.85. Over the past 10 years, this metric has ranged from a low of 2.33 to a high of 16.00. The Interactive Media industry median Cyclically Adjusted PB Ratio is 1.51. Capcom Co's value of 11.34 is 653.5% above this industry median. Based on the distribution chart, Capcom Co ranks #327 out of 344 companies in the Interactive Media industry, which is in the bottom quartile relative to peers. Overall, Capcom Co has a GF Score™ of 96/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Capcom Co's Cyclically Adjusted PB Ratio compare to NTES and EA?
According to the Interactive Media industry distribution chart, Capcom Co ranks #327 out of 344 companies for Cyclically Adjusted PB Ratio. This places Capcom Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.51. Capcom Co's value of 11.34 is 653.5% above this benchmark. Historically, Capcom Co's own Cyclically Adjusted PB Ratio has ranged from 2.33 to 16.00 over the past decade. While the company's 10-year median is 8.85 vs. the industry median of 1.51, Capcom Co 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 an Interactive Media company?
The median Cyclically Adjusted PB Ratio among Interactive Media companies is 1.51, based on 344 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. Capcom Co's current Cyclically Adjusted PB Ratio of 11.34 is 653.5% 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 Capcom Co and its competitors. For the Interactive Media industry, the median Cyclically Adjusted PB Ratio is 1.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Capcom Co's current Cyclically Adjusted PB Ratio is 11.34, which is 28% above median its own 10-year median of 8.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Capcom Co stock overvalued right now?
Based on GuruFocus' analysis, Capcom Co (TSE:9697) is currently considered Fairly Valued. The stock's GF Value™ is 円4,378.54, compared to a current price of 円4,147.00 — trading 5.3% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 11.34, which is 28% above median its 10-year median of 8.85 and 653.5% above the Interactive Media industry median of 1.51. Capcom Co's overall GF Score™ is 96/100 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 Capcom Co (TSE:9697), the current Cyclically Adjusted PB Ratio is 11.34 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 Capcom Co (TSE:9697) Overvalued in 2026?

Based on GuruFocus' analysis, Capcom Co stock appears to be undervalued. The current stock price of 円4,147.00 is trading 5.3% below its estimated GF Value™ of 円4,378.54. GuruFocus considers Capcom Co to be Fairly Valued.

Key valuation signals for TSE:9697:

  • Cyclically Adjusted PB Ratio: 11.34 (28% above median its 10-year median of 8.85)
  • GF Value™: 円4,378.54 vs. price of 円4,147.00 (5.3% below fair value)
  • GF Score™: 96/100 with 2 warning signs
  • Industry Position: 653.5% above the Interactive Media median (#327 of 344)

No single metric tells the full story. See the TSE:9697 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Capcom Co Business Description

Address 3-1-3 Uchihirano-machi, Chuo-ku, Osaka, JPN, 540-0037
Capcom was founded in 1979, originally an arcade game producer, but gradually transitioned to focus on producing console games, with the popularization of console gaming throughout the years. Capcom is currently one of the top video game producers in the world, with several long-lived popular series, including Resident Evil (since 1996), Monster Hunter (since 2004), and Street Fighter (since 1987). It was the top highly reviewed game publisher in 2019 and 2023 in Metacritic's Annual Game Publisher Rankings. It also runs several side businesses including arcade operations, slot machines, and esports.
96GF Score

Get the complete analysis for TSE:9697

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

円4,147.00
Price
円4,378.54
GF Value