Key Coffee (TSE:2594) Cyclically Adjusted Book per Share: 円1,650.55 (As of Mar. 2026)

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TSE:2594 Key Coffee Inc TSE:2594
61 GF Score
Price 円1,983.00
GF Value 円2,641.44
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Key Coffee Cyclically Adjusted Book per Share?

Key Coffee TSE:2594 -0.30% 61 Cyclically Adjusted Book per Share is 円1,650.55 as of Mar. 2026. GuruFocus rates TSE:2594 with a GF Score™ of 61/100 and a GF Value™ of 円2,641.44 (Modestly Undervalued). The stock has 4 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.

Key Coffee's adjusted book value per share for the three months ended in Mar. 2026 was 円1,482.706. 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1,650.55 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Key Coffee's average Cyclically Adjusted Book Growth Rate was -0.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 0.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 1.20% 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 Key Coffee was 1.70% per year. The lowest was 0.10% per year. And the median was 0.60% per year.

As of today (2026-07-16), Key Coffee's current stock price is 円1983.00. Key Coffee's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円1,650.55. Key Coffee's Cyclically Adjusted PB Ratio of today is 1.20.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Key Coffee was 1.53. The lowest was 1.16. And the median was 1.32.


Key Coffee  (TSE:2594) 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.

Key Coffee's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1983.00/1650.55
=1.20

* 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 Key Coffee was 1.53. The lowest was 1.16. And the median was 1.32.


Be Aware

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


Key Coffee Cyclically Adjusted Book per Share Related Terms


Key Coffee Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Key Coffee'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.

Key Coffee Cyclically Adjusted Book per Share Chart

Key Coffee Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,580.73 1,614.30 1,630.90 1,663.01 1,650.55

Key Coffee 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 1,663.01 1,662.13 1,657.32 1,663.24 1,650.55

TSE:2594 vs KHC, GIS: Cyclically Adjusted Book per Share Comparison

For the Packaged Foods subindustry, Key Coffee'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.


Key Coffee Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

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

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


TSE:2594
61GF Score
Key Coffee Inc TSE:2594
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Key Coffee 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, Key Coffee'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)
=1482.706/112.7000*112.7000
=1,482.706

Current CPI (Mar. 2026) = 112.7000.

Key Coffee Quarterly Data

Book Value per Share CPI Adj_Book
201606 1,576.177 98.100 1,810.756
201609 1,590.392 98.000 1,828.951
201612 1,606.226 98.400 1,839.651
201703 1,591.336 98.100 1,828.171
201706 1,603.077 98.500 1,834.180
201709 1,602.132 98.800 1,827.533
201712 1,605.056 99.400 1,819.817
201803 1,559.636 99.200 1,771.885
201806 1,561.084 99.200 1,773.530
201809 1,565.616 99.900 1,766.215
201812 1,579.164 99.700 1,785.073
201903 1,558.234 99.700 1,761.414
201906 1,565.429 99.800 1,767.774
201909 1,598.038 100.100 1,799.190
201912 1,609.203 100.500 1,804.549
202003 1,567.811 100.300 1,761.638
202006 1,509.180 99.900 1,702.548
202009 1,464.658 99.900 1,652.322
202012 1,472.086 99.300 1,670.736
202103 1,386.218 99.900 1,563.832
202106 1,392.572 99.500 1,577.315
202109 1,395.842 100.100 1,571.542
202112 1,423.219 100.100 1,602.365
202203 1,410.677 101.100 1,572.535
202206 1,431.227 101.800 1,584.472
202209 1,431.320 103.100 1,564.595
202212 1,440.848 104.100 1,559.881
202303 1,412.712 104.400 1,525.025
202306 1,438.726 105.200 1,541.297
202309 1,451.055 106.200 1,539.867
202312 1,454.817 106.800 1,535.186
202403 1,432.307 107.200 1,505.793
202406 0.000 108.200 0.000
202409 1,440.807 108.900 1,491.083
202412 1,469.948 110.700 1,496.505
202503 1,431.047 111.100 1,451.656
202506 1,440.984 111.700 1,453.884
202509 1,458.479 112.000 1,467.594
202512 1,482.332 113.000 1,478.397
202603 1,482.706 112.700 1,482.706

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1,650.55 mean?
Key Coffee (TSE:2594) has a Cyclically Adjusted Book per Share of 円1,650.55 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 Key Coffee and its competitors.
Is Key Coffee's Cyclically Adjusted Book per Share too high?
Key Coffee's current Cyclically Adjusted Book per Share is 円1,650.55. Overall, Key Coffee has a GF Score™ of 61/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Key Coffee's Cyclically Adjusted Book per Share compare to KHC and GIS?
Key Coffee's Cyclically Adjusted Book per Share of 円1,650.55 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 Key Coffee and its competitors. Key Coffee's current Cyclically Adjusted Book per Share is 円1,650.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Key Coffee stock overvalued right now?
Based on GuruFocus' analysis, Key Coffee (TSE:2594) is currently considered Modestly Undervalued. The stock's GF Value™ is 円2,641.44, compared to a current price of 円1,983.00 — trading 24.9% below its estimated fair value. The current Cyclically Adjusted Book per Share is 円1,650.55. Key Coffee's overall GF Score™ is 61/100 with 4 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 Key Coffee (TSE:2594), the current Cyclically Adjusted Book per Share is 円1,650.55 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 Key Coffee (TSE:2594) Overvalued in 2026?

Based on GuruFocus' analysis, Key Coffee stock appears to be undervalued. The current stock price of 円1,983.00 is trading 24.9% below its estimated GF Value™ of 円2,641.44. GuruFocus considers Key Coffee to be Modestly Undervalued.

Key valuation signals for TSE:2594:

  • Cyclically Adjusted Book per Share: 円1,650.55
  • GF Value™: 円2,641.44 vs. price of 円1,983.00 (24.9% below fair value)
  • GF Score™: 61/100 with 4 warning signs

No single metric tells the full story. See the TSE:2594 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Key Coffee Business Description

Address 2-34-4 Nishi-Shinbashi, Minato-ku, Tokyo, JPN, 105-8705
Key Coffee Inc is a Japan-based company operates in the coffee-related business. It is engaged in the plantation, production, and marketing of coffee and related products. Its products include raw coffee beans, instant coffee, iced coffee, iced tea, fruit juice, and other coffee-related products. Geographically, the business activities are carried out through the region of Japan.
61GF Score

Get the complete analysis for TSE:2594

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

円1,983.00
Price
円2,641.44
GF Value