Kanro (TSE:2216) Cyclically Adjusted Book per Share: 円324.55 (As of Jun. 2026)

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Director of Data and Quant Analytics at GuruFocus
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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:2216 Kanro Inc TSE:2216
90 GF Score
Price 円1,096.00
GF Value 円1,037.74
Valuation Fairly Valued
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What is Kanro Cyclically Adjusted Book per Share?

Kanro TSE:2216 -0.18% 90 Cyclically Adjusted Book per Share is 円324.55 as of Jun. 2026. GuruFocus rates TSE:2216 with a GF Score™ of 90/100 and a GF Value™ of 円1,037.74 (Fairly Valued).

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.

Kanro's adjusted book value per share for the three months ended in Jun. 2026 was 円467.741. 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324.55 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Kanro's average Cyclically Adjusted Book Growth Rate was 8.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 6.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 5.50% 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 Kanro was 6.80% per year. The lowest was 0.70% per year. And the median was 3.90% per year.

As of today (2026-09-07), Kanro's current stock price is 円1096.00. Kanro's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was 円324.55. Kanro's Cyclically Adjusted PB Ratio of today is 3.38.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Kanro was 8.11. The lowest was 0.84. And the median was 1.43.


Kanro  (TSE:2216) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1096.00/324.55
=3.38

* 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 Kanro was 8.11. The lowest was 0.84. And the median was 1.43.


Be Aware

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


Kanro Cyclically Adjusted Book per Share Related Terms


Kanro Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Kanro'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.

Kanro Cyclically Adjusted Book per Share Chart

Kanro 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 243.67 256.33 269.39 288.28 312.31

Kanro Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 299.08 304.34 312.31 316.67 324.55

TSE:2216 vs MDLZ, HSY, TR: Cyclically Adjusted Book per Share Comparison

For the Confectioners subindustry, Kanro'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.


Kanro Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Kanro's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TSE:2216
90GF Score
Kanro Inc TSE:2216
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kanro 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, Kanro's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book= Book Value per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=467.741/113.6000*113.6000
=467.741

Current CPI (Jun. 2026) = 113.6000.

Kanro Quarterly Data

Book Value per Share CPI Adj_Book
201606 218.701 98.100 253.256
201609 213.860 98.000 247.903
201612 223.897 98.400 258.483
201703 226.342 98.100 262.104
201706 227.397 98.500 262.257
201709 224.385 98.800 257.997
201712 231.096 99.400 264.110
201803 237.917 99.200 272.453
201806 246.530 99.200 282.317
201809 240.575 99.900 273.567
201812 247.879 99.700 282.438
201903 246.571 99.700 280.947
201906 245.379 99.800 279.309
201909 240.669 100.100 273.127
201912 255.922 100.500 289.281
202003 259.471 100.300 293.877
202006 258.086 99.900 293.479
202009 253.167 99.900 287.886
202012 264.136 99.300 302.174
202103 262.902 99.900 298.956
202106 268.764 99.500 306.850
202109 267.803 100.100 303.920
202112 277.744 100.100 315.202
202203 285.767 101.100 321.099
202206 291.119 101.800 324.864
202209 286.623 103.100 315.814
202212 301.745 104.100 329.282
202303 315.379 104.400 343.171
202306 326.353 105.200 352.412
202309 327.593 106.200 350.420
202312 347.984 106.800 370.140
202403 356.574 107.200 377.862
202406 375.963 108.200 394.726
202412 399.420 110.700 409.884
202503 403.167 111.100 412.239
202506 424.034 111.700 431.247
202509 420.187 112.000 426.190
202512 450.541 113.000 452.933
202603 456.342 112.700 459.986
202606 467.741 113.600 467.741

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 円324.55 mean?
Kanro (TSE:2216) has a Cyclically Adjusted Book per Share of 円324.55 as of Jun. 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 Kanro and its competitors.
Is Kanro's Cyclically Adjusted Book per Share too high?
Kanro's current Cyclically Adjusted Book per Share is 円324.55. Overall, Kanro has a GF Score™ of 90/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Kanro's Cyclically Adjusted Book per Share compare to MDLZ and HSY?
Kanro's Cyclically Adjusted Book per Share of 円324.55 can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Cyclically Adjusted Book per Share depends on the Consumer Packaged Goods 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 Kanro and its competitors. Kanro's current Cyclically Adjusted Book per Share is 円324.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kanro stock overvalued right now?
Based on GuruFocus' analysis, Kanro (TSE:2216) is currently considered Fairly Valued. The stock's GF Value™ is 円1,037.74, compared to a current price of 円1,096.00 — trading 5.6% above its estimated fair value. The current Cyclically Adjusted Book per Share is 円324.55. Kanro's overall GF Score™ is 90/100. 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 Kanro (TSE:2216), the current Cyclically Adjusted Book per Share is 円324.55 as of Jun. 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 Kanro (TSE:2216) Overvalued in 2026?

Based on GuruFocus' analysis, Kanro stock appears to be overvalued. The current stock price of 円1,096.00 is trading 5.6% above its estimated GF Value™ of 円1,037.74. GuruFocus considers Kanro to be Fairly Valued.

Key valuation signals for TSE:2216:

  • Cyclically Adjusted Book per Share: 円324.55
  • GF Value™: 円1,037.74 vs. price of 円1,096.00 (5.6% above fair value)
  • GF Score™: 90/100

No single metric tells the full story. See the TSE:2216 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kanro Business Description

Address 20-2 Nishi-Shinjuku 3-chome, Shinjuku-ku, Tokyo Opera City Building, Tokyo, JPN, 163-1437
Kanro Inc is engaged in the manufacturing and selling of confections and food. The company's product profile includes Milk candy, Herbal candy, Kanro candy, Healthy candy doctor plus, Jure puree setouchi oranges, Julepule yamanashi pione, and others. It also offers throat drops such as non-sugar super menthol candy, Whole candy grated syrup, Healthy candy fighting ginger, among others.
90GF Score

Get the complete analysis for TSE:2216

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

円1,096.00
Price
円1,037.74
GF Value