Tanseisha Co (TSE:9743) Cyclically Adjusted PB Ratio: 2.14 (As of Aug. 05, 2026) — 26% Above 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:9743 Tanseisha Co Ltd TSE:9743
80 GF Score
Price 円1,413.00
GF Value 円1,256.41
Valuation Modestly Overvalued
! 1 Warning Sign
View Full Analysis

What is Tanseisha Co Cyclically Adjusted PB Ratio?

Tanseisha Co TSE:9743 -0.91% 80 Cyclically Adjusted PB Ratio is 2.14 as of Aug. 05, 2026, which is 26% above its 10-year median of 1.70. GuruFocus rates TSE:9743 with a GF Score™ of 80/100 and a GF Value™ of 円1,256.41 (Modestly Overvalued). The stock has 1 warning sign investors should review. Among 726 Business Services companies, Tanseisha Co ranks worse than 62.67% on this metric.

As of today (2026-08-05), Tanseisha Co's current share price is 円1413.00. Tanseisha Co's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2026 was 円660.22. Tanseisha Co's Cyclically Adjusted PB Ratio for today is 2.14.

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

TSE:9743' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.31   Med: 1.7   Max: 3.46
Current: 2.13

During the past years, Tanseisha Co's highest Cyclically Adjusted PB Ratio was 3.46. The lowest was 1.31. And the median was 1.70.

TSE:9743's Cyclically Adjusted PB Ratio is ranked worse than
62.67% of 726 companies
in the Business Services industry
Industry Median: 1.555 vs TSE:9743: 2.13

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.

Tanseisha Co's adjusted book value per share data for the three months ended in Jan. 2026 was 円795.955. 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660.22 for the trailing ten years ended in Jan. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tanseisha Co  (TSE:9743) 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.


Tanseisha Co Cyclically Adjusted PB Ratio Related Terms


Tanseisha Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Tanseisha 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.

Tanseisha Co Cyclically Adjusted PB Ratio Chart

Tanseisha Co Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.48 1.35 1.49 1.45 2.32

Tanseisha Co Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 1.64 2.07 2.04 2.32 0.00

TSE:9743 vs CTAS, CPRT, GPN: Cyclically Adjusted PB Ratio Comparison

For the Specialty Business Services subindustry, Tanseisha 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.


Tanseisha Co Cyclically Adjusted PB Ratio vs Business Services Industry

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

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


TSE:9743
80GF Score
Tanseisha Co Ltd TSE:9743
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tanseisha 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1413.00/660.22
=2.14

* 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.

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

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

Adj_Book=Book Value per Share/CPI of Jan. 2026 (Change)*Current CPI (Jan. 2026)
=795.955/112.9000*112.9000
=795.955

Current CPI (Jan. 2026) = 112.9000.

Tanseisha Co Quarterly Data

Book Value per Share CPI Adj_Book
201604 468.129 98.100 538.754
201607 473.461 97.900 546.004
201610 476.096 98.600 545.144
201701 480.362 98.200 552.270
201704 490.938 98.500 562.710
201707 511.649 98.300 587.642
201710 507.849 98.800 580.325
201801 530.280 99.500 601.695
201804 544.126 99.100 619.897
201807 547.600 99.200 623.226
201810 535.853 100.200 603.770
201901 562.708 99.700 637.209
201904 568.640 100.000 641.995
201907 565.398 99.800 639.614
201910 575.472 100.400 647.119
202001 594.830 100.500 668.222
202004 595.407 100.200 670.873
202007 619.209 100.000 699.087
202010 614.651 99.800 695.332
202101 613.525 99.800 694.058
202104 609.166 99.100 693.994
202107 603.349 99.700 683.231
202110 595.870 99.900 673.411
202201 613.112 100.300 690.133
202204 632.051 101.500 703.040
202207 629.211 102.300 694.408
202210 610.145 103.700 664.276
202301 617.960 104.700 666.358
202304 615.910 105.100 661.620
202307 632.338 105.700 675.411
202310 627.030 107.100 660.987
202401 660.997 106.900 698.097
202404 664.625 107.700 696.715
202407 672.004 108.600 698.612
202410 677.987 109.500 699.039
202501 707.960 111.200 718.783
202504 741.948 111.500 751.264
202507 761.220 111.900 768.023
202510 759.950 112.800 760.624
202601 795.955 112.900 795.955

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 2.14 mean?
Tanseisha Co (TSE:9743) has a Cyclically Adjusted PB Ratio of 2.14 as of Aug. 05, 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 Tanseisha Co and its competitors. This is 26% above median its historical median of 1.70. Over the past decade, Tanseisha Co's Cyclically Adjusted PB Ratio has ranged from 1.31 to 3.46. According to the industry distribution chart, Tanseisha Co ranks #455 out of 726 companies in the Business Services industry, placing it in the top 62.7%.
Is Tanseisha Co's Cyclically Adjusted PB Ratio too high?
Tanseisha Co's current Cyclically Adjusted PB Ratio of 2.14 is 26% above median its 10-year median of 1.70. Over the past 10 years, this metric has ranged from a low of 1.31 to a high of 3.46. The Business Services industry median Cyclically Adjusted PB Ratio is 1.56. Tanseisha Co's value of 2.14 is 37.6% above this industry median. Based on the distribution chart, Tanseisha Co ranks #455 out of 726 companies in the Business Services industry, which is below the industry midpoint. Overall, Tanseisha Co has a GF Score™ of 80/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tanseisha Co's Cyclically Adjusted PB Ratio compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Tanseisha Co ranks #455 out of 726 companies for Cyclically Adjusted PB Ratio. This places Tanseisha Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.56. Tanseisha Co's value of 2.14 is 37.6% above this benchmark. Historically, Tanseisha Co's own Cyclically Adjusted PB Ratio has ranged from 1.31 to 3.46 over the past decade. While the company's 10-year median is 1.70 vs. the industry median of 1.56, Tanseisha 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 a Business Services company?
The median Cyclically Adjusted PB Ratio among Business Services companies is 1.56, based on 726 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. Tanseisha Co's current Cyclically Adjusted PB Ratio of 2.14 is 37.6% 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 Tanseisha 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. Tanseisha Co's current Cyclically Adjusted PB Ratio is 2.14, which is 26% above median its own 10-year median of 1.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tanseisha Co stock overvalued right now?
Based on GuruFocus' analysis, Tanseisha Co (TSE:9743) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,256.41, compared to a current price of 円1,413.00 — trading 12.5% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.14, which is 26% above median its 10-year median of 1.70 and 37.6% above the Business Services industry median of 1.56. Tanseisha Co's overall GF Score™ is 80/100 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 Tanseisha Co (TSE:9743), the current Cyclically Adjusted PB Ratio is 2.14 as of Aug. 05, 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 Tanseisha Co (TSE:9743) Overvalued in 2026?

Based on GuruFocus' analysis, Tanseisha Co stock appears to be overvalued. The current stock price of 円1,413.00 is trading 12.5% above its estimated GF Value™ of 円1,256.41. GuruFocus considers Tanseisha Co to be Modestly Overvalued.

Key valuation signals for TSE:9743:

  • Cyclically Adjusted PB Ratio: 2.14 (26% above median its 10-year median of 1.70)
  • GF Value™: 円1,256.41 vs. price of 円1,413.00 (12.5% above fair value)
  • GF Score™: 80/100 with 1 warning sign
  • Industry Position: 37.6% above the Business Services median (#455 of 726)

No single metric tells the full story. See the TSE:9743 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tanseisha Co Business Description

Address 1-2-70 Konan, Shinagawa Season Terrace, 19th Floor, Minato-ku, Tokyo, JPN, 108-8220
Tanseisha Co Ltd is engaged in the research, planning, design, layout, construction, production and operation of commercial, public, cultural, business and event spaces. The business segments of the group are Commercial and Other Facilities Business, Chain Store Business, Cultural Facilities Business, and Others. The Commercial and Other Facilities business segment involves the interior decoration of department stores, specialty stores, restaurants, offices, hotels, and related facilities. The Chain store business segment handles the interiors of chain stores offering casual wear and fast food. The Cultural facilities business segment manages cultural facilities such as exhibitions in museums and science halls.
80GF Score

Get the complete analysis for TSE:9743

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

円1,413.00
Price
円1,256.41
GF Value