Koito Manufacturing Co (FRA:8K7) Cyclically Adjusted PB Ratio: 1.40 (As of Aug. 09, 2026) — 42% Below Median

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FRA:8K7 Koito Manufacturing Co Ltd FRA:8K7
83 GF Score
Price €14.40
GF Value €13.70
! 5 Warning Signs
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What is Koito Manufacturing Co Cyclically Adjusted PB Ratio?

Koito Manufacturing Co FRA:8K7 +0.70% 83 Cyclically Adjusted PB Ratio is 1.40 as of Aug. 09, 2026, which is 42% below its 10-year median of 2.40. GuruFocus rates FRA:8K7 with a GF Score™ of 83/100 and a GF Value™ of €13.70. The stock has 5 warning signs investors should review. Among 1,009 Vehicles & Parts companies, Koito Manufacturing Co ranks worse than 53.62% on this metric.

As of today (2026-08-09), Koito Manufacturing Co's current share price is €14.40. Koito Manufacturing Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €10.29. Koito Manufacturing Co's Cyclically Adjusted PB Ratio for today is 1.40.

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

FRA:8K7' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1   Med: 2.4   Max: 6.18
Current: 1.44

During the past years, Koito Manufacturing Co's highest Cyclically Adjusted PB Ratio was 6.18. The lowest was 1.00. And the median was 2.40.

FRA:8K7's Cyclically Adjusted PB Ratio is ranked worse than
53.62% of 1009 companies
in the Vehicles & Parts industry
Industry Median: 1.28 vs FRA:8K7: 1.44

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.

Koito Manufacturing Co's adjusted book value per share data for the three months ended in Jun. 2026 was €12.853. 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 €10.29 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Koito Manufacturing Co  (FRA:8K7) 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.


Koito Manufacturing Co Cyclically Adjusted PB Ratio Related Terms


Koito Manufacturing Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Koito Manufacturing Co'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.

Koito Manufacturing Co Cyclically Adjusted PB Ratio Chart

Koito Manufacturing Co 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 2.19 1.91 1.37 1.10 1.34

Koito Manufacturing Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 1.01 1.28 1.29 1.34 1.36

FRA:8K7 vs ORLY, AZO: Cyclically Adjusted PB Ratio Comparison

For the Auto Parts subindustry, Koito Manufacturing 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.


Koito Manufacturing Co Cyclically Adjusted PB Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Koito Manufacturing Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FRA:8K7
83GF Score
Koito Manufacturing Co Ltd FRA:8K7
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Koito Manufacturing Co 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.

Koito Manufacturing Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=14.40/10.29
=1.40

* 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.

Koito Manufacturing Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Koito Manufacturing Co'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)
=12.853/113.6000*113.6000
=12.853

Current CPI (Jun. 2026) = 113.6000.

Koito Manufacturing Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 7.957 98.000 9.224
201612 8.242 98.400 9.515
201703 8.664 98.100 10.033
201706 8.692 98.500 10.024
201709 8.669 98.800 9.968
201712 8.924 99.400 10.199
201803 9.762 99.200 11.179
201806 10.046 99.200 11.504
201809 10.393 99.900 11.818
201812 10.690 99.700 12.180
201903 11.433 99.700 13.027
201906 11.747 99.800 13.371
201909 12.463 100.100 14.144
201912 12.474 100.500 14.100
202003 12.570 100.300 14.237
202006 12.225 99.900 13.902
202009 12.153 99.900 13.820
202012 12.431 99.300 14.221
202103 12.929 99.900 14.702
202106 12.825 99.500 14.642
202109 13.251 100.100 15.038
202112 13.704 100.100 15.552
202203 14.081 101.100 15.822
202206 13.270 101.800 14.808
202209 13.542 103.100 14.921
202212 13.292 104.100 14.505
202303 13.668 104.400 14.872
202306 13.416 105.200 14.487
202309 13.323 106.200 14.251
202312 13.248 106.800 14.092
202403 13.406 107.200 14.206
202406 13.033 108.200 13.683
202409 13.312 108.900 13.887
202412 13.840 110.700 14.203
202503 13.717 111.100 14.026
202506 13.264 111.700 13.490
202509 13.107 112.000 13.294
202512 12.930 113.000 12.999
202603 12.774 112.700 12.876
202606 12.853 113.600 12.853

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 1.40 mean?
Koito Manufacturing Co (FRA:8K7) has a Cyclically Adjusted PB Ratio of 1.40 as of Aug. 09, 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 Koito Manufacturing Co and its competitors. This is 42% below median its historical median of 2.40. Over the past decade, Koito Manufacturing Co's Cyclically Adjusted PB Ratio has ranged from 1.00 to 6.18. According to the industry distribution chart, Koito Manufacturing Co ranks #541 out of 1009 companies in the Vehicles & Parts industry, placing it in the top 53.6%.
Is Koito Manufacturing Co's Cyclically Adjusted PB Ratio too high?
Koito Manufacturing Co's current Cyclically Adjusted PB Ratio of 1.40 is 42% below median its 10-year median of 2.40. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 6.18. The Vehicles & Parts industry median Cyclically Adjusted PB Ratio is 1.28. Koito Manufacturing Co's value of 1.40 is 9.4% above this industry median. Based on the distribution chart, Koito Manufacturing Co ranks #541 out of 1009 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Koito Manufacturing Co has a GF Score™ of 83/100, reflecting its overall financial health beyond just this single metric.
How does Koito Manufacturing Co's Cyclically Adjusted PB Ratio compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Koito Manufacturing Co ranks #541 out of 1009 companies for Cyclically Adjusted PB Ratio. This places Koito Manufacturing Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.28. Koito Manufacturing Co's value of 1.40 is 9.4% above this benchmark. Historically, Koito Manufacturing Co's own Cyclically Adjusted PB Ratio has ranged from 1.00 to 6.18 over the past decade. While the company's 10-year median is 2.40 vs. the industry median of 1.28, Koito Manufacturing Co has consistently been above 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 Vehicles & Parts company?
The median Cyclically Adjusted PB Ratio among Vehicles & Parts companies is 1.28, based on 1,009 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. Koito Manufacturing Co's current Cyclically Adjusted PB Ratio of 1.40 is 9.4% above 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 Koito Manufacturing Co and its competitors. For the Vehicles & Parts industry, the median Cyclically Adjusted PB Ratio is 1.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Koito Manufacturing Co's current Cyclically Adjusted PB Ratio is 1.40, which is 42% below median its own 10-year median of 2.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Koito Manufacturing Co stock overvalued right now?
Koito Manufacturing Co (FRA:8K7) has a current Cyclically Adjusted PB Ratio of 1.40. The stock's GF Value™ is €13.70, compared to a current price of €14.40 — trading 5.1% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.40, which is 42% below median its 10-year median of 2.40 and 9.4% above the Vehicles & Parts industry median of 1.28. Koito Manufacturing Co's overall GF Score™ is 83/100 with 5 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 Koito Manufacturing Co (FRA:8K7), the current Cyclically Adjusted PB Ratio is 1.40 as of Aug. 09, 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 Koito Manufacturing Co (FRA:8K7) Overvalued in 2026?

Based on GuruFocus' analysis, Koito Manufacturing Co stock appears to be overvalued. The current stock price of €14.40 is trading 5.1% above its estimated GF Value™ of €13.70.

Key valuation signals for FRA:8K7:

  • Cyclically Adjusted PB Ratio: 1.40 (42% below median its 10-year median of 2.40)
  • GF Value™: €13.70 vs. price of €14.40 (5.1% above fair value)
  • GF Score™: 83/100 with 5 warning signs
  • Industry Position: 9.4% above the Vehicles & Parts median (#541 of 1009)

No single metric tells the full story. See the FRA:8K7 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Koito Manufacturing Co Business Description

Other Exchanges KOTMY:USA7276:Japan
Address 5-1-18 Kitashinagawa, Sumitomo Fudosan Osaki Twin Building East Wing, Shinagawa-ku, Tokyo, JPN, 141-0001
Koito Manufacturing Co Ltd mainly produces automotive lighting equipment for domestic and international markets and supplies products globally. The company operates through six geographical segments: Japan, North America, China, Asia, Europe, and Other. In addition to automotive lighting, it also manufactures and sells railroad vehicle control equipment, aircraft parts, and railroad vehicle seats.
83GF Score

Get the complete analysis for FRA:8K7

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

€14.40
Price
€13.70
GF Value