Kycom Holdings Co (TSE:9685) Cyclically Adjusted Book per Share: 円638.53 (As of Mar. 2026)

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TSE:9685 Kycom Holdings Co Ltd TSE:9685
76 GF Score
Price 円585.00
GF Value 円713.17
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Kycom Holdings Co Cyclically Adjusted Book per Share?

Kycom Holdings Co TSE:9685 -0.17% 76 Cyclically Adjusted Book per Share is 円638.53 as of Mar. 2026. GuruFocus rates TSE:9685 with a GF Score™ of 76/100 and a GF Value™ of 円713.17 (Modestly Undervalued). The stock has 2 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.

Kycom Holdings Co's adjusted book value per share for the three months ended in Mar. 2026 was 円1,046.673. 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638.53 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Kycom Holdings Co's average Cyclically Adjusted Book Growth Rate was 11.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 11.30% per year. During the past 5 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 Kycom Holdings Co was 11.30% per year. The lowest was 2.00% per year. And the median was 8.20% per year.

As of today (2026-09-01), Kycom Holdings Co's current stock price is 円585.00. Kycom Holdings Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円638.53. Kycom Holdings Co's Cyclically Adjusted PB Ratio of today is 0.92.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Kycom Holdings Co was 2.82. The lowest was 0.83. And the median was 1.09.


Kycom Holdings Co  (TSE:9685) 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.

Kycom Holdings Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=585.00/638.53
=0.92

* 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 Kycom Holdings Co was 2.82. The lowest was 0.83. And the median was 1.09.


Be Aware

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


Kycom Holdings Co Cyclically Adjusted Book per Share Related Terms


Kycom Holdings Co Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Kycom Holdings Co'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.

Kycom Holdings Co Cyclically Adjusted Book per Share Chart

Kycom Holdings Co 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 420.16 462.86 518.56 574.42 638.53

Kycom Holdings 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 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 589.68 604.60 624.75 638.53 0.00

TSE:9685 vs CRM, SHOP, UBER: Cyclically Adjusted Book per Share Comparison

For the Software - Application subindustry, Kycom Holdings 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.


Kycom Holdings Co Cyclically Adjusted PB Ratio vs Software Industry

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

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


TSE:9685
76GF Score
Kycom Holdings Co Ltd TSE:9685
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kycom Holdings Co 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, Kycom Holdings 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)
=1046.673/112.7000*112.7000
=1,046.673

Current CPI (Mar. 2026) = 112.7000.

Kycom Holdings Co Quarterly Data

Book Value per Share CPI Adj_Book
201603 388.799 97.900 447.576
201606 383.803 98.100 440.924
201609 391.536 98.000 450.266
201612 403.718 98.400 462.388
201703 398.479 98.100 457.784
201706 398.617 98.500 456.083
201709 403.326 98.800 460.069
201712 410.894 99.400 465.873
201803 412.056 99.200 468.132
201806 417.850 99.200 474.715
201809 430.552 99.900 485.718
201812 444.377 99.700 502.320
201903 449.857 99.700 508.514
201906 452.726 99.800 511.245
201909 473.393 100.100 532.981
201912 482.536 100.500 541.113
202003 448.533 100.300 503.985
202006 460.236 99.900 519.205
202009 477.582 99.900 538.774
202012 497.173 99.300 564.264
202103 534.402 99.900 602.874
202106 548.239 99.500 620.970
202109 561.092 100.100 631.719
202112 582.735 100.100 656.086
202203 609.192 101.100 679.089
202206 620.311 101.800 686.729
202209 636.717 103.100 696.004
202212 662.362 104.100 717.082
202303 690.523 104.400 745.421
202306 714.245 105.200 765.166
202309 737.661 106.200 782.810
202312 758.414 106.800 800.311
202403 806.707 107.200 848.096
202406 819.563 108.200 853.648
202409 834.759 108.900 863.887
202503 883.841 111.100 896.570
202506 897.180 111.700 905.212
202509 946.633 112.000 952.549
202512 1,001.186 113.000 998.528
202603 1,046.673 112.700 1,046.673

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638.53 mean?
Kycom Holdings Co (TSE:9685) has a Cyclically Adjusted Book per Share of 円638.53 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 Kycom Holdings Co and its competitors.
Is Kycom Holdings Co's Cyclically Adjusted Book per Share too high?
Kycom Holdings Co's current Cyclically Adjusted Book per Share is 円638.53. Overall, Kycom Holdings Co has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Kycom Holdings Co's Cyclically Adjusted Book per Share compare to CRM and SHOP?
Kycom Holdings Co's Cyclically Adjusted Book per Share of 円638.53 can be compared against companies in the Software 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 Software company?
A good Cyclically Adjusted Book per Share depends on the Software 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 Kycom Holdings Co and its competitors. Kycom Holdings Co's current Cyclically Adjusted Book per Share is 円638.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kycom Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Kycom Holdings Co (TSE:9685) is currently considered Modestly Undervalued. The stock's GF Value™ is 円713.17, compared to a current price of 円585.00 — trading 18% below its estimated fair value. The current Cyclically Adjusted Book per Share is 円638.53. Kycom Holdings Co'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 Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For Kycom Holdings Co (TSE:9685), the current Cyclically Adjusted Book per Share is 円638.53 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 Kycom Holdings Co (TSE:9685) Overvalued in 2026?

Based on GuruFocus' analysis, Kycom Holdings Co stock appears to be undervalued. The current stock price of 円585.00 is trading 18% below its estimated GF Value™ of 円713.17. GuruFocus considers Kycom Holdings Co to be Modestly Undervalued.

Key valuation signals for TSE:9685:

  • Cyclically Adjusted Book per Share: 円638.53
  • GF Value™: 円713.17 vs. price of 円585.00 (18% below fair value)
  • GF Score™: 76/100 with 2 warning signs

No single metric tells the full story. See the TSE:9685 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kycom Holdings Co Business Description

Address 5-4-4, Tsukimi, Fukui Prefecture, Fukui, JPN, 918-8011
Kycom Holdings Co Ltd is a holding company based in Japan. It is engaged in planning, designing, developing, testing, and maintaining services to information systems.
76GF Score

Get the complete analysis for TSE:9685

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

円585.00
Price
円713.17
GF Value