Kubota (FRA:KUOA) Cyclically Adjusted Book per Share: €42.47 (As of Mar. 2026)

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.

FRA:KUOA Kubota Corp FRA:KUOA
85 GF Score
Price €72.50
GF Value €61.19
! 3 Warning Signs
View Full Analysis

What is Kubota Cyclically Adjusted Book per Share?

Kubota FRA:KUOA +2.11% 85 Cyclically Adjusted Book per Share is €42.47 as of Mar. 2026. GuruFocus rates FRA:KUOA with a GF Score™ of 85/100 and a GF Value™ of €61.19. The stock has 3 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

Kubota's adjusted book value per share for the three months ended in Mar. 2026 was €64.413. 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 €42.47 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Kubota's average Cyclically Adjusted Book Growth Rate was 9.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 11.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 12.20% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 10.50% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Kubota was 13.10% per year. The lowest was 0.80% per year. And the median was 7.90% per year.

As of today (2026-07-15), Kubota's current stock price is €72.50. Kubota's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €42.47. Kubota's Cyclically Adjusted PB Ratio of today is 1.71.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Kubota was 3.33. The lowest was 1.09. And the median was 2.11.


Kubota  (FRA:KUOA) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

Kubota's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=72.50/42.47
=1.71

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Kubota was 3.33. The lowest was 1.09. And the median was 2.11.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Kubota Cyclically Adjusted Book per Share Related Terms


Kubota Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Kubota's Cyclically Adjusted Book per Share 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.

Kubota Cyclically Adjusted Book per Share Chart

Kubota Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 36.63 38.73 39.24 41.72 41.31

Kubota Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted Book per Share 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 43.65 42.73 42.47 41.31 42.47

FRA:KUOA vs CAT, DE, PCAR: Cyclically Adjusted Book per Share Comparison

For the Farm & Heavy Construction Machinery subindustry, Kubota'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.


Kubota Cyclically Adjusted PB Ratio vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Kubota's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FRA:KUOA
85GF Score
Kubota Corp FRA:KUOA
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kubota Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Kubota'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)
=64.413/112.7000*112.7000
=64.413

Current CPI (Mar. 2026) = 112.7000.

Kubota Quarterly Data

Book Value per Share CPI Adj_Book
201606 36.397 98.100 41.814
201609 38.051 98.000 43.759
201612 39.317 98.400 45.031
201703 39.544 98.100 45.429
201706 40.004 98.500 45.771
201709 38.554 98.800 43.978
201712 39.151 99.400 44.390
201803 38.994 99.200 44.301
201806 41.277 99.200 46.894
201809 41.836 99.900 47.196
201812 42.596 99.700 48.150
201903 44.132 99.700 49.886
201906 46.022 99.800 51.971
201909 47.856 100.100 53.880
201912 48.769 100.500 54.689
202003 48.221 100.300 54.183
202006 48.935 99.900 55.205
202009 47.742 99.900 53.859
202012 48.372 99.300 54.900
202103 50.053 99.900 56.466
202106 50.226 99.500 56.889
202109 52.092 100.100 58.649
202112 54.362 100.100 61.205
202203 56.667 101.100 63.169
202206 56.414 101.800 62.454
202209 58.128 103.100 63.541
202212 55.062 104.100 59.611
202303 57.011 104.400 61.543
202306 58.806 105.200 62.998
202309 58.715 106.200 62.309
202312 58.968 106.800 62.226
202403 60.665 107.200 63.777
202406 63.028 108.200 65.649
202409 62.769 108.900 64.959
202412 66.909 110.700 68.118
202503 64.769 111.100 65.702
202506 63.340 111.700 63.907
202509 62.550 112.000 62.941
202512 63.176 113.000 63.008
202603 64.413 112.700 64.413

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

What does a Cyclically Adjusted Book per Share of €42.47 mean?
Kubota (FRA:KUOA) has a Cyclically Adjusted Book per Share of €42.47 as of Mar. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Kubota and its competitors.
Is Kubota's Cyclically Adjusted Book per Share too high?
Kubota's current Cyclically Adjusted Book per Share is €42.47. Overall, Kubota has a GF Score™ of 85/100, reflecting its overall financial health beyond just this single metric.
How does Kubota's Cyclically Adjusted Book per Share compare to CAT and DE?
Kubota's Cyclically Adjusted Book per Share of €42.47 can be compared against companies in the Farm & Heavy Construction Machinery industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for a Farm & Heavy Construction Machinery company?
A good Cyclically Adjusted Book per Share depends on the Farm & Heavy Construction Machinery industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Kubota and its competitors. Kubota's current Cyclically Adjusted Book per Share is €42.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kubota stock overvalued right now?
Kubota (FRA:KUOA) has a current Cyclically Adjusted Book per Share of €42.47. The stock's GF Value™ is €61.19, compared to a current price of €72.50 — trading 18.5% above its estimated fair value. The current Cyclically Adjusted Book per Share is €42.47. Kubota's overall GF Score™ is 85/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For Kubota (FRA:KUOA), the current Cyclically Adjusted Book per Share is €42.47 as of Mar. 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 Kubota (FRA:KUOA) Overvalued in 2026?

Based on GuruFocus' analysis, Kubota stock appears to be overvalued. The current stock price of €72.50 is trading 18.5% above its estimated GF Value™ of €61.19.

Key valuation signals for FRA:KUOA:

  • Cyclically Adjusted Book per Share: €42.47
  • GF Value™: €61.19 vs. price of €72.50 (18.5% above fair value)
  • GF Score™: 85/100 with 3 warning signs

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


Kubota Business Description

Address 2-47, Shikitsuhigashi 1-Chome, Naniwa-ku, Osaka, JPN, 556-8601
Kubota manufactures and sells small and midsize agricultural and construction equipment as well as water treatment equipment. Its key products in the farm and industrial machinery segment include compact/utility tractors, mini excavators, compact track loaders, engines, and rice farming equipment, such as combine harvesters, as well as rice transplanters. The company has produced over 5.6 million tractors worldwide and over 30 million engines. Its water and environment segment provides mainly pipe system products like ductile iron pipes and valves, water/waste treatment plants, pumps, as well as operation and maintenance services, including public/private partnership projects. The company is based in Osaka, Japan, and was founded in 1890.
85GF Score

Get the complete analysis for FRA:KUOA

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

€72.50
Price
€61.19
GF Value