Central Security Patrols Co (TSE:9740) Cyclically Adjusted PB Ratio: 1.26 (As of Jul. 31, 2026) — 19% Below 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:9740 Central Security Patrols Co Ltd TSE:9740
66 GF Score
Price 円2,786.00
GF Value 円3,185.62
Valuation Modestly Undervalued
! 1 Warning Sign
View Full Analysis

What is Central Security Patrols Co Cyclically Adjusted PB Ratio?

Central Security Patrols Co TSE:9740 -1.76% 66 Cyclically Adjusted PB Ratio is 1.26 as of Jul. 31, 2026, which is 19% below its 10-year median of 1.56. GuruFocus rates TSE:9740 with a GF Score™ of 66/100 and a GF Value™ of 円3,185.62 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 729 Business Services companies, Central Security Patrols Co ranks better than 58.3% on this metric.

As of today (2026-07-31), Central Security Patrols Co's current share price is 円2786.00. Central Security Patrols Co's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2026 was 円2,215.01. Central Security Patrols Co's Cyclically Adjusted PB Ratio for today is 1.26.

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

TSE:9740' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.05   Med: 1.56   Max: 4.72
Current: 1.23

During the past years, Central Security Patrols Co's highest Cyclically Adjusted PB Ratio was 4.72. The lowest was 1.05. And the median was 1.56.

TSE:9740's Cyclically Adjusted PB Ratio is ranked better than
58.3% of 729 companies
in the Business Services industry
Industry Median: 1.56 vs TSE:9740: 1.23

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.

Central Security Patrols Co's adjusted book value per share data for the three months ended in Feb. 2026 was 円2,951.558. 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2,215.01 for the trailing ten years ended in Feb. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Central Security Patrols Co  (TSE:9740) 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.


Central Security Patrols Co Cyclically Adjusted PB Ratio Related Terms


Central Security Patrols Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Central Security Patrols 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.

Central Security Patrols Co Cyclically Adjusted PB Ratio Chart

Central Security Patrols Co Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.48 1.47 1.36 1.35 1.39

Central Security Patrols Co Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 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 1.18 1.16 1.28 1.39 0.00

TSE:9740 vs ALLE, MSA, ADT: Cyclically Adjusted PB Ratio Comparison

For the Security & Protection Services subindustry, Central Security Patrols 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.


Central Security Patrols Co Cyclically Adjusted PB Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, Central Security Patrols Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TSE:9740
66GF Score
Central Security Patrols Co Ltd TSE:9740
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Central Security Patrols 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.

Central Security Patrols Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2786.00/2215.01
=1.26

* 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.

Central Security Patrols Co's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2026 is calculated as:

For example, Central Security Patrols Co'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)
=2951.558/112.2000*112.2000
=2,951.558

Current CPI (Feb. 2026) = 112.2000.

Central Security Patrols Co Quarterly Data

Book Value per Share CPI Adj_Book
201605 1,361.306 98.200 1,555.382
201608 1,337.907 97.900 1,533.332
201611 1,382.442 98.600 1,573.124
201702 1,409.189 98.100 1,611.733
201705 1,456.470 98.600 1,657.362
201708 1,480.272 98.500 1,686.158
201711 1,491.557 99.100 1,688.725
201802 1,558.266 99.500 1,757.160
201805 1,648.431 99.300 1,862.578
201808 1,649.817 99.800 1,854.804
201811 1,556.902 100.000 1,746.844
201902 1,572.994 99.700 1,770.210
201905 1,650.471 100.000 1,851.828
201908 1,743.814 100.000 1,956.559
201911 1,812.125 100.500 2,023.089
202002 1,782.623 100.300 1,994.121
202005 1,840.239 100.100 2,062.685
202008 1,903.493 100.100 2,133.586
202011 1,928.208 99.500 2,174.321
202102 2,015.492 99.800 2,265.914
202105 2,023.528 99.400 2,284.103
202108 2,091.958 99.700 2,354.240
202111 2,051.464 100.100 2,299.443
202202 2,137.570 100.700 2,381.682
202205 2,161.723 101.800 2,382.567
202208 2,182.973 102.700 2,384.903
202211 2,204.789 103.900 2,380.917
202302 2,397.268 104.000 2,586.283
202305 2,440.498 105.100 2,605.365
202308 2,480.074 105.900 2,627.614
202311 2,492.724 106.900 2,616.311
202402 2,554.613 106.900 2,681.268
202405 2,609.008 108.100 2,707.962
202408 2,631.525 109.100 2,706.298
202411 2,627.576 110.000 2,680.128
202502 2,719.275 110.800 2,753.634
202505 2,776.730 111.800 2,786.665
202508 2,831.443 112.100 2,833.969
202511 2,861.094 113.200 2,835.819
202602 2,951.558 112.200 2,951.558

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 1.26 mean?
Central Security Patrols Co (TSE:9740) has a Cyclically Adjusted PB Ratio of 1.26 as of Jul. 31, 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 Central Security Patrols Co and its competitors. This is 19% below median its historical median of 1.56. Over the past decade, Central Security Patrols Co's Cyclically Adjusted PB Ratio has ranged from 1.05 to 4.72. According to the industry distribution chart, Central Security Patrols Co ranks #304 out of 729 companies in the Business Services industry, placing it in the top 41.7%.
Is Central Security Patrols Co's Cyclically Adjusted PB Ratio too high?
Central Security Patrols Co's current Cyclically Adjusted PB Ratio of 1.26 is 19% below median its 10-year median of 1.56. Over the past 10 years, this metric has ranged from a low of 1.05 to a high of 4.72. The Business Services industry median Cyclically Adjusted PB Ratio is 1.56. Central Security Patrols Co's value of 1.26 is 19.2% below this industry median. Based on the distribution chart, Central Security Patrols Co ranks #304 out of 729 companies in the Business Services industry, which is above the industry midpoint. Overall, Central Security Patrols Co has a GF Score™ of 66/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Central Security Patrols Co's Cyclically Adjusted PB Ratio compare to ALLE and MSA?
According to the Business Services industry distribution chart, Central Security Patrols Co ranks #304 out of 729 companies for Cyclically Adjusted PB Ratio. This puts Central Security Patrols Co in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.56. Central Security Patrols Co's value of 1.26 is 19.2% below this benchmark. Historically, Central Security Patrols Co's own Cyclically Adjusted PB Ratio has ranged from 1.05 to 4.72 over the past decade. While the company's 10-year median is 1.56 vs. the industry median of 1.56, Central Security Patrols Co 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 Business Services company?
The median Cyclically Adjusted PB Ratio among Business Services companies is 1.56, based on 729 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. Central Security Patrols Co's current Cyclically Adjusted PB Ratio of 1.26 is 19.2% 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 Central Security Patrols Co and its competitors. For the Business Services industry, the median Cyclically Adjusted PB Ratio is 1.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Central Security Patrols Co's current Cyclically Adjusted PB Ratio is 1.26, which is 19% below median its own 10-year median of 1.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Central Security Patrols Co stock overvalued right now?
Based on GuruFocus' analysis, Central Security Patrols Co (TSE:9740) is currently considered Modestly Undervalued. The stock's GF Value™ is 円3,185.62, compared to a current price of 円2,786.00 — trading 12.5% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.26, which is 19% below median its 10-year median of 1.56 and 19.2% below the Business Services industry median of 1.56. Central Security Patrols Co's overall GF Score™ is 66/100 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 Central Security Patrols Co (TSE:9740), the current Cyclically Adjusted PB Ratio is 1.26 as of Jul. 31, 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 Central Security Patrols Co (TSE:9740) Overvalued in 2026?

Based on GuruFocus' analysis, Central Security Patrols Co stock appears to be undervalued. The current stock price of 円2,786.00 is trading 12.5% below its estimated GF Value™ of 円3,185.62. GuruFocus considers Central Security Patrols Co to be Modestly Undervalued.

Key valuation signals for TSE:9740:

  • Cyclically Adjusted PB Ratio: 1.26 (19% below median its 10-year median of 1.56)
  • GF Value™: 円3,185.62 vs. price of 円2,786.00 (12.5% below fair value)
  • GF Score™: 66/100 with 1 warning sign
  • Industry Position: 19.2% below the Business Services median (#304 of 729)

No single metric tells the full story. See the TSE:9740 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Central Security Patrols Co Business Description

Address Nishi-Shinjuku, Shinjuku-chome fourth No. 1, Shinjuku NS Building, Tokyo, JPN, 163-0831
Central Security Patrols Co Ltd provides security services in Japan. The company provides manned guarding, machine security, online security, home security, transport security, and surveillance cameras. The company also develops and sells information security systems and cryptographic technology software.
66GF Score

Get the complete analysis for TSE:9740

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

円2,786.00
Price
円3,185.62
GF Value