Asahi Intelligence Service Co (TSE:9799) Cyclically Adjusted PB Ratio: 1.47 (As of Sep. 15, 2026) — Near 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:9799 Asahi Intelligence Service Co Ltd TSE:9799
91 GF Score
Price 円937.00
GF Value 円947.20
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is Asahi Intelligence Service Co Cyclically Adjusted PB Ratio?

Asahi Intelligence Service Co TSE:9799 +1.18% 91 Cyclically Adjusted PB Ratio is 1.47 as of Sep. 15, 2026, which is 9% above its 10-year median of 1.35. GuruFocus rates TSE:9799 with a GF Score™ of 91/100 and a GF Value™ of 円947.20 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,464 Software companies, Asahi Intelligence Service Co ranks better than 66.05% on this metric.

As of today (2026-09-15), Asahi Intelligence Service Co's current share price is 円937.00. Asahi Intelligence Service Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円636.06. Asahi Intelligence Service Co's Cyclically Adjusted PB Ratio for today is 1.47.

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

TSE:9799' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.07   Med: 1.35   Max: 2.2
Current: 1.46

During the past years, Asahi Intelligence Service Co's highest Cyclically Adjusted PB Ratio was 2.20. The lowest was 1.07. And the median was 1.35.

TSE:9799's Cyclically Adjusted PB Ratio is ranked better than
66.05% of 1464 companies
in the Software industry
Industry Median: 2.34 vs TSE:9799: 1.46

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.

Asahi Intelligence Service Co's adjusted book value per share data for the three months ended in Mar. 2026 was 円795.481. 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636.06 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Asahi Intelligence Service Co  (TSE:9799) 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.


Asahi Intelligence Service Co Cyclically Adjusted PB Ratio Related Terms


Asahi Intelligence Service Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Asahi Intelligence Service 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.

Asahi Intelligence Service Co Cyclically Adjusted PB Ratio Chart

Asahi Intelligence Service 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 1.20 1.10 1.23 1.57 1.52

Asahi Intelligence Service Co 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 1.66 1.60 2.05 1.56 1.40

TSE:9799 vs IBM, ACN, CTSH: Cyclically Adjusted PB Ratio Comparison

For the Information Technology Services subindustry, Asahi Intelligence Service 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.


Asahi Intelligence Service Co Cyclically Adjusted PB Ratio vs Software Industry

For the Software industry and Technology sector, Asahi Intelligence Service Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TSE:9799
91GF Score
Asahi Intelligence Service Co Ltd TSE:9799
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Asahi Intelligence Service 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.

Asahi Intelligence Service Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=937.00/636.06
=1.47

* 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.

Asahi Intelligence Service Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Asahi Intelligence Service Co'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)
=795.481/112.7000*112.7000
=795.481

Current CPI (Mar. 2026) = 112.7000.

Asahi Intelligence Service Co Quarterly Data

Book Value per Share CPI Adj_Book
201603 430.000 97.900 495.005
201606 427.081 98.100 490.642
201609 434.398 98.000 499.558
201612 440.917 98.400 504.993
201703 455.521 98.100 523.315
201706 454.445 98.500 519.959
201709 463.802 98.800 529.053
201712 469.777 99.400 532.634
201803 481.773 99.200 547.337
201806 480.402 99.200 545.779
201809 492.317 99.900 555.397
201812 498.007 99.700 562.943
201903 513.176 99.700 580.090
201906 510.637 99.800 576.641
201909 524.797 100.100 590.855
201912 532.781 100.500 597.457
202003 543.385 100.300 610.563
202006 542.439 99.900 611.941
202009 554.083 99.900 625.077
202012 561.504 99.300 637.276
202103 580.618 99.900 655.011
202106 581.799 99.500 658.982
202109 595.520 100.100 670.481
202112 601.957 100.100 677.728
202203 617.040 101.100 687.838
202206 613.204 101.800 678.861
202209 630.405 103.100 689.104
202212 637.358 104.100 690.012
202303 654.197 104.400 706.207
202306 654.260 105.200 700.904
202309 672.373 106.200 713.526
202312 680.455 106.800 718.046
202403 705.493 107.200 741.689
202406 702.421 108.200 731.634
202409 718.297 108.900 743.362
202503 751.646 111.100 762.471
202506 746.935 111.700 753.622
202509 770.705 112.000 775.522
202512 772.368 113.000 770.317
202603 795.481 112.700 795.481

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 1.47 mean?
Asahi Intelligence Service Co (TSE:9799) has a Cyclically Adjusted PB Ratio of 1.47 as of Sep. 15, 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 Asahi Intelligence Service Co and its competitors. This is near median its historical median of 1.35. Over the past decade, Asahi Intelligence Service Co's Cyclically Adjusted PB Ratio has ranged from 1.07 to 2.20. According to the industry distribution chart, Asahi Intelligence Service Co ranks #497 out of 1464 companies in the Software industry, placing it in the top 33.9%.
Is Asahi Intelligence Service Co's Cyclically Adjusted PB Ratio too high?
Asahi Intelligence Service Co's current Cyclically Adjusted PB Ratio of 1.47 is near median its 10-year median of 1.35. Over the past 10 years, this metric has ranged from a low of 1.07 to a high of 2.20. The Software industry median Cyclically Adjusted PB Ratio is 2.34. Asahi Intelligence Service Co's value of 1.47 is 37.2% below this industry median. Based on the distribution chart, Asahi Intelligence Service Co ranks #497 out of 1464 companies in the Software industry, which is above the industry midpoint. Overall, Asahi Intelligence Service Co has a GF Score™ of 91/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Asahi Intelligence Service Co's Cyclically Adjusted PB Ratio compare to IBM and ACN?
According to the Software industry distribution chart, Asahi Intelligence Service Co ranks #497 out of 1464 companies for Cyclically Adjusted PB Ratio. This puts Asahi Intelligence Service Co in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.34. Asahi Intelligence Service Co's value of 1.47 is 37.2% below this benchmark. Historically, Asahi Intelligence Service Co's own Cyclically Adjusted PB Ratio has ranged from 1.07 to 2.20 over the past decade. While the company's 10-year median is 1.35 vs. the industry median of 2.34, Asahi Intelligence Service 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 Software company?
The median Cyclically Adjusted PB Ratio among Software companies is 2.34, based on 1,464 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. Asahi Intelligence Service Co's current Cyclically Adjusted PB Ratio of 1.47 is 37.2% 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 Asahi Intelligence Service Co and its competitors. For the Software industry, the median Cyclically Adjusted PB Ratio is 2.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asahi Intelligence Service Co's current Cyclically Adjusted PB Ratio is 1.47, which is near median its own 10-year median of 1.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asahi Intelligence Service Co stock overvalued right now?
Based on GuruFocus' analysis, Asahi Intelligence Service Co (TSE:9799) is currently considered Fairly Valued. The stock's GF Value™ is 円947.20, compared to a current price of 円937.00 — trading 1.1% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.47, which is near median its 10-year median of 1.35 and 37.2% below the Software industry median of 2.34. Asahi Intelligence Service Co's overall GF Score™ is 91/100 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 Asahi Intelligence Service Co (TSE:9799), the current Cyclically Adjusted PB Ratio is 1.47 as of Sep. 15, 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 Asahi Intelligence Service Co (TSE:9799) Overvalued in 2026?

Based on GuruFocus' analysis, Asahi Intelligence Service Co stock appears to be undervalued. The current stock price of 円937.00 is trading 1.1% below its estimated GF Value™ of 円947.20. GuruFocus considers Asahi Intelligence Service Co to be Fairly Valued.

Key valuation signals for TSE:9799:

  • Cyclically Adjusted PB Ratio: 1.47 (near median its 10-year median of 1.35)
  • GF Value™: 円947.20 vs. price of 円937.00 (1.1% below fair value)
  • GF Score™: 91/100 with 2 warning signs
  • Industry Position: 37.2% below the Software median (#497 of 1464)

No single metric tells the full story. See the TSE:9799 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Asahi Intelligence Service Co Business Description

Address 1-7-12 Sapia Tower 11F, Marunouchi, Chiyoda-ku, Tokyo, JPN, 100-0005
Asahi Intelligence Service Co Ltd is a Japan-based Information Technology (IT) service management company. The company operates is mainly engaged in the operation and management of the network system. It also offers system development, system operation and support services including design and development of software, maintenance and operation of host computer system, Office automation (OA) support, and information processing service such as help desk.
91GF Score

Get the complete analysis for TSE:9799

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

円937.00
Price
円947.20
GF Value