Kureha (FRA:0K1) Cyclically Adjusted PB Ratio: 1.27 (As of Aug. 15, 2026) — 23% Above Median

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FRA:0K1 Kureha Corp FRA:0K1
73 GF Score
Price €24.00
GF Value €20.13
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Kureha Cyclically Adjusted PB Ratio?

Kureha FRA:0K1 73 Cyclically Adjusted PB Ratio is 1.27 as of Aug. 15, 2026, which is 23% above its 10-year median of 1.03. GuruFocus rates FRA:0K1 with a GF Score™ of 73/100 and a GF Value™ of €20.13 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 1,210 Chemicals companies, Kureha ranks better than 59.67% on this metric.

As of today (2026-08-15), Kureha's current share price is €24.00. Kureha's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €18.97. Kureha's Cyclically Adjusted PB Ratio for today is 1.27.

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

FRA:0K1' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.58   Med: 1.03   Max: 1.42
Current: 1.27

During the past years, Kureha's highest Cyclically Adjusted PB Ratio was 1.42. The lowest was 0.58. And the median was 1.03.

FRA:0K1's Cyclically Adjusted PB Ratio is ranked better than
59.67% of 1210 companies
in the Chemicals industry
Industry Median: 1.65 vs FRA:0K1: 1.27

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.

Kureha's adjusted book value per share data for the three months ended in Mar. 2026 was €23.567. 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 €18.97 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kureha  (FRA:0K1) 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.


Kureha Cyclically Adjusted PB Ratio Related Terms


Kureha Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Kureha'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.

Kureha Cyclically Adjusted PB Ratio Chart

Kureha 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 1.30 1.01 0.90 0.84 1.12

Kureha Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.84 0.94 1.12 1.17 1.12

FRA:0K1 vs LIN, SHW, ECL: Cyclically Adjusted PB Ratio Comparison

For the Specialty Chemicals subindustry, Kureha'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.


Kureha Cyclically Adjusted PB Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Kureha's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FRA:0K1
73GF Score
Kureha Corp FRA:0K1
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kureha 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.

Kureha's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=24.00/18.97
=1.27

* 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.

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

For example, Kureha'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)
=23.567/112.7000*112.7000
=23.567

Current CPI (Mar. 2026) = 112.7000.

Kureha Quarterly Data

Book Value per Share CPI Adj_Book
201606 18.609 98.100 21.379
201609 19.839 98.000 22.815
201612 19.838 98.400 22.721
201703 19.964 98.100 22.935
201706 19.735 98.500 22.580
201709 16.560 98.800 18.890
201712 19.122 99.400 21.681
201803 18.537 99.200 21.060
201806 19.266 99.200 21.888
201809 19.610 99.900 22.123
201812 19.887 99.700 22.480
201903 21.028 99.700 23.770
201906 21.816 99.800 24.636
201909 23.315 100.100 26.250
201912 24.667 100.500 27.661
202003 23.684 100.300 26.612
202006 23.637 99.900 26.666
202009 23.530 99.900 26.545
202012 24.064 99.300 27.311
202103 24.262 99.900 27.371
202106 23.886 99.500 27.055
202109 25.331 100.100 28.520
202112 26.076 100.100 29.358
202203 26.054 101.100 29.043
202206 24.784 101.800 27.438
202209 25.656 103.100 28.045
202212 25.425 104.100 27.525
202303 25.682 104.400 27.724
202306 24.685 105.200 26.445
202309 24.739 106.200 26.253
202312 24.999 106.800 26.380
202403 24.702 107.200 25.969
202406 0.000 108.200 0.000
202409 25.924 108.900 26.829
202412 26.399 110.700 26.876
202503 26.121 111.100 26.497
202506 26.857 111.700 27.097
202509 26.849 112.000 27.017
202512 26.105 113.000 26.036
202603 23.567 112.700 23.567

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 1.27 mean?
Kureha (FRA:0K1) has a Cyclically Adjusted PB Ratio of 1.27 as of Aug. 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 Kureha and its competitors. This is 23% above median its historical median of 1.03. Over the past decade, Kureha's Cyclically Adjusted PB Ratio has ranged from 0.58 to 1.42. According to the industry distribution chart, Kureha ranks #488 out of 1210 companies in the Chemicals industry, placing it in the top 40.3%.
Is Kureha's Cyclically Adjusted PB Ratio too high?
Kureha's current Cyclically Adjusted PB Ratio of 1.27 is 23% above median its 10-year median of 1.03. Over the past 10 years, this metric has ranged from a low of 0.58 to a high of 1.42. The Chemicals industry median Cyclically Adjusted PB Ratio is 1.65. Kureha's value of 1.27 is 23% below this industry median. Based on the distribution chart, Kureha ranks #488 out of 1210 companies in the Chemicals industry, which is above the industry midpoint. Overall, Kureha has a GF Score™ of 73/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kureha's Cyclically Adjusted PB Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Kureha ranks #488 out of 1210 companies for Cyclically Adjusted PB Ratio. This puts Kureha in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.65. Kureha's value of 1.27 is 23% below this benchmark. Historically, Kureha's own Cyclically Adjusted PB Ratio has ranged from 0.58 to 1.42 over the past decade. While the company's 10-year median is 1.03 vs. the industry median of 1.65, Kureha 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 Chemicals company?
The median Cyclically Adjusted PB Ratio among Chemicals companies is 1.65, based on 1,210 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. Kureha's current Cyclically Adjusted PB Ratio of 1.27 is 23% 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 Kureha and its competitors. For the Chemicals industry, the median Cyclically Adjusted PB Ratio is 1.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kureha's current Cyclically Adjusted PB Ratio is 1.27, which is 23% above median its own 10-year median of 1.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kureha stock overvalued right now?
Based on GuruFocus' analysis, Kureha (FRA:0K1) is currently considered Modestly Overvalued. The stock's GF Value™ is €20.13, compared to a current price of €24.00 — trading 19.2% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.27, which is 23% above median its 10-year median of 1.03 and 23% below the Chemicals industry median of 1.65. Kureha's overall GF Score™ is 73/100 with 7 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 Kureha (FRA:0K1), the current Cyclically Adjusted PB Ratio is 1.27 as of Aug. 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 Kureha (FRA:0K1) Overvalued in 2026?

Based on GuruFocus' analysis, Kureha stock appears to be overvalued. The current stock price of €24.00 is trading 19.2% above its estimated GF Value™ of €20.13. GuruFocus considers Kureha to be Modestly Overvalued.

Key valuation signals for FRA:0K1:

  • Cyclically Adjusted PB Ratio: 1.27 (23% above median its 10-year median of 1.03)
  • GF Value™: €20.13 vs. price of €24.00 (19.2% above fair value)
  • GF Score™: 73/100 with 7 warning signs
  • Industry Position: 23% below the Chemicals median (#488 of 1210)

No single metric tells the full story. See the FRA:0K1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kureha Business Description

Other Exchanges 4023:Japan
Address 3-3-2, Nihonbashi-Hamacho, Chuo-ku, Tokyo, JPN, 103-8552
Kureha Corp manufactures and sells chemicals and chemical-based products in four segments based on product type. The specialty plastics segment, which generates more revenue than any other segment, sells plastic wrap used by consumers to package food, as well as commercial food packaging and fishing line. The advanced materials segment sells plastics such as polyvinylidene fluoride used in electronic materials and for water treatment, as well as carbon used in lithium ion batteries and industrial insulation. The specialty chemicals segment sells pharmaceuticals, agricultural chemicals, and industrial chemicals. The construction and other operations segment provides construction, engineering, and logistics services.
73GF Score

Get the complete analysis for FRA:0K1

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

€24.00
Price
€20.13
GF Value