Biken Techno (TSE:9791) Cyclically Adjusted PB Ratio: 0.48 (As of Sep. 03, 2026) — Near Median

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TSE:9791 Biken Techno Corp TSE:9791
76 GF Score
Price 円1,206.00
GF Value 円1,171.27
Valuation Fairly Valued
! 2 Warning Signs
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What is Biken Techno Cyclically Adjusted PB Ratio?

Biken Techno TSE:9791 -0.82% 76 Cyclically Adjusted PB Ratio is 0.48 as of Sep. 03, 2026, which is 2% below its 10-year median of 0.49. GuruFocus rates TSE:9791 with a GF Score™ of 76/100 and a GF Value™ of 円1,171.27 (Fairly Valued). The stock has 2 warning signs investors should review. Among 690 Business Services companies, Biken Techno ranks better than 84.78% on this metric.

As of today (2026-09-03), Biken Techno's current share price is 円1206.00. Biken Techno's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円2,537.60. Biken Techno's Cyclically Adjusted PB Ratio for today is 0.48.

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

TSE:9791' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.34   Med: 0.49   Max: 0.73
Current: 0.48

During the past years, Biken Techno's highest Cyclically Adjusted PB Ratio was 0.73. The lowest was 0.34. And the median was 0.49.

TSE:9791's Cyclically Adjusted PB Ratio is ranked better than
84.78% of 690 companies
in the Business Services industry
Industry Median: 1.535 vs TSE:9791: 0.48

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.

Biken Techno's adjusted book value per share data for the three months ended in Mar. 2026 was 円3,031.859. 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2,537.60 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Biken Techno  (TSE:9791) 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.


Biken Techno Cyclically Adjusted PB Ratio Related Terms


Biken Techno Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Biken Techno'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.

Biken Techno Cyclically Adjusted PB Ratio Chart

Biken Techno 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 0.46 0.49 0.51 0.41 0.55

Biken Techno Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 0.42 0.52 0.56 0.55 0.00

TSE:9791 vs CTAS, CPRT, GPN: Cyclically Adjusted PB Ratio Comparison

For the Specialty Business Services subindustry, Biken Techno'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.


Biken Techno Cyclically Adjusted PB Ratio vs Business Services Industry

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

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


TSE:9791
76GF Score
Biken Techno Corp TSE:9791
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Biken Techno 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.

Biken Techno's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1206.00/2537.60
=0.48

* 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.

Biken Techno's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Biken Techno's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=3031.859/112.7000*112.7000
=3,031.859

Current CPI (Mar. 2026) = 112.7000.

Biken Techno Quarterly Data

Book Value per Share CPI Adj_Book
201603 1,795.892 97.900 2,067.385
201606 1,811.484 98.100 2,081.083
201609 1,823.297 98.000 2,096.792
201612 1,825.001 98.400 2,090.220
201703 1,868.590 98.100 2,146.688
201706 1,864.180 98.500 2,132.925
201709 1,886.977 98.800 2,152.453
201712 1,919.375 99.400 2,176.193
201803 1,919.878 99.200 2,181.152
201806 1,976.087 99.200 2,245.010
201809 2,022.194 99.900 2,281.294
201812 2,033.935 99.700 2,299.142
201903 2,060.628 99.700 2,329.316
201906 2,097.804 99.800 2,368.963
201909 2,129.979 100.100 2,398.088
201912 2,190.086 100.500 2,455.947
202003 2,150.687 100.300 2,416.575
202006 2,140.021 99.900 2,414.218
202009 2,165.819 99.900 2,443.321
202012 2,190.023 99.300 2,485.555
202103 2,280.997 99.900 2,573.257
202106 2,318.977 99.500 2,626.620
202109 2,353.421 100.100 2,649.656
202112 2,392.664 100.100 2,693.838
202203 2,424.831 101.100 2,703.051
202206 2,500.806 101.800 2,768.574
202209 2,526.855 103.100 2,762.139
202212 2,553.135 104.100 2,764.057
202303 2,607.637 104.400 2,814.949
202306 2,628.218 105.200 2,815.591
202309 2,685.765 106.200 2,850.148
202312 2,573.370 106.800 2,715.532
202403 2,758.008 107.200 2,899.510
202406 2,787.443 108.200 2,903.372
202409 2,806.307 108.900 2,904.231
202503 2,869.901 111.100 2,911.232
202506 2,903.978 111.700 2,929.976
202509 2,940.419 112.000 2,958.797
202512 2,972.990 113.000 2,965.097
202603 3,031.859 112.700 3,031.859

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 0.48 mean?
Biken Techno (TSE:9791) has a Cyclically Adjusted PB Ratio of 0.48 as of Sep. 03, 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 Biken Techno and its competitors. This is near median its historical median of 0.49. Over the past decade, Biken Techno's Cyclically Adjusted PB Ratio has ranged from 0.34 to 0.73. According to the industry distribution chart, Biken Techno ranks #105 out of 690 companies in the Business Services industry, placing it in the top 15.2%.
Is Biken Techno's Cyclically Adjusted PB Ratio too high?
Biken Techno's current Cyclically Adjusted PB Ratio of 0.48 is near median its 10-year median of 0.49. Over the past 10 years, this metric has ranged from a low of 0.34 to a high of 0.73. The Business Services industry median Cyclically Adjusted PB Ratio is 1.54. Biken Techno's value of 0.48 is 68.7% below this industry median. Based on the distribution chart, Biken Techno ranks #105 out of 690 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, Biken Techno has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Biken Techno's Cyclically Adjusted PB Ratio compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Biken Techno ranks #105 out of 690 companies for Cyclically Adjusted PB Ratio. This places Biken Techno in the top 15% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.54. Biken Techno's value of 0.48 is 68.7% below this benchmark. Historically, Biken Techno's own Cyclically Adjusted PB Ratio has ranged from 0.34 to 0.73 over the past decade. While the company's 10-year median is 0.49 vs. the industry median of 1.54, Biken Techno 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 1.54, based on 690 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. Biken Techno's current Cyclically Adjusted PB Ratio of 0.48 is 68.7% 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 Biken Techno and its competitors. For the Business Services industry, the median Cyclically Adjusted PB Ratio is 1.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Biken Techno's current Cyclically Adjusted PB Ratio is 0.48, which is near median its own 10-year median of 0.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Biken Techno stock overvalued right now?
Based on GuruFocus' analysis, Biken Techno (TSE:9791) is currently considered Fairly Valued. The stock's GF Value™ is 円1,171.27, compared to a current price of 円1,206.00 — trading 3% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.48, which is near median its 10-year median of 0.49 and 68.7% below the Business Services industry median of 1.54. Biken Techno's overall GF Score™ is 76/100 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 Biken Techno (TSE:9791), the current Cyclically Adjusted PB Ratio is 0.48 as of Sep. 03, 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 Biken Techno (TSE:9791) Overvalued in 2026?

Based on GuruFocus' analysis, Biken Techno stock appears to be overvalued. The current stock price of 円1,206.00 is trading 3% above its estimated GF Value™ of 円1,171.27. GuruFocus considers Biken Techno to be Fairly Valued.

Key valuation signals for TSE:9791:

  • Cyclically Adjusted PB Ratio: 0.48 (near median its 10-year median of 0.49)
  • GF Value™: 円1,171.27 vs. price of 円1,206.00 (3% above fair value)
  • GF Score™: 76/100 with 2 warning signs
  • Industry Position: 68.7% below the Business Services median (#105 of 690)

No single metric tells the full story. See the TSE:9791 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Biken Techno Business Description

Address 2-12-1 Minami-Kaneden, Suita, Osaka, JPN, 564-0044
Biken Techno Corp is a Japan-based company engaged in the building maintenance business. It offers cleaning, security guard, facility management, renovation and repair, trading, brokerage, and leasing of real estate and operation of franchised stores, among others.
76GF Score

Get the complete analysis for TSE:9791

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

円1,206.00
Price
円1,171.27
GF Value