Kobayashi Pharmaceutical Co (FRA:KOY) Cyclically Adjusted PB Ratio: 2.09 (As of Jul. 22, 2026) — 55% Below Median

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FRA:KOY Kobayashi Pharmaceutical Co Ltd FRA:KOY
81 GF Score
Price €28.40
GF Value €30.01
! 5 Warning Signs
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What is Kobayashi Pharmaceutical Co Cyclically Adjusted PB Ratio?

Kobayashi Pharmaceutical Co FRA:KOY -2.07% 81 Cyclically Adjusted PB Ratio is 2.09 as of Jul. 22, 2026, which is 55% below its 10-year median of 4.64. GuruFocus rates FRA:KOY with a GF Score™ of 81/100 and a GF Value™ of €30.01. The stock has 5 warning signs investors should review. Among 1,441 Consumer Packaged Goods companies, Kobayashi Pharmaceutical Co ranks worse than 68.56% on this metric.

As of today (2026-07-22), Kobayashi Pharmaceutical Co's current share price is €28.40. Kobayashi Pharmaceutical Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was €13.59. Kobayashi Pharmaceutical Co's Cyclically Adjusted PB Ratio for today is 2.09.

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

FRA:KOY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.02   Med: 4.64   Max: 7.34
Current: 2.14

During the past years, Kobayashi Pharmaceutical Co's highest Cyclically Adjusted PB Ratio was 7.34. The lowest was 2.02. And the median was 4.64.

FRA:KOY's Cyclically Adjusted PB Ratio is ranked worse than
68.56% of 1441 companies
in the Consumer Packaged Goods industry
Industry Median: 1.27 vs FRA:KOY: 2.14

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.

Kobayashi Pharmaceutical Co's adjusted book value per share data for the three months ended in Dec. 2025 was €15.547. 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 €13.59 for the trailing ten years ended in Dec. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kobayashi Pharmaceutical Co  (FRA:KOY) 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.


Kobayashi Pharmaceutical Co Cyclically Adjusted PB Ratio Related Terms


Kobayashi Pharmaceutical Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Kobayashi Pharmaceutical 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.

Kobayashi Pharmaceutical Co Cyclically Adjusted PB Ratio Chart

Kobayashi Pharmaceutical Co Annual Data
Trend Mar16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.77 4.32 3.01 2.55 2.11

Kobayashi Pharmaceutical Co 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 2.29 2.15 2.12 2.11 0.00

FRA:KOY vs PG, CL, KVUE: Cyclically Adjusted PB Ratio Comparison

For the Household & Personal Products subindustry, Kobayashi Pharmaceutical 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.


Kobayashi Pharmaceutical Co Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

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

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


FRA:KOY
81GF Score
Kobayashi Pharmaceutical Co Ltd FRA:KOY
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Kobayashi Pharmaceutical 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.

Kobayashi Pharmaceutical Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=28.40/13.59
=2.09

* 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.

Kobayashi Pharmaceutical Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 is calculated as:

For example, Kobayashi Pharmaceutical Co's adjusted Book Value per Share data for the three months ended in Dec. 2025 was:

Adj_Book=Book Value per Share/CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=15.547/113.0000*113.0000
=15.547

Current CPI (Dec. 2025) = 113.0000.

Kobayashi Pharmaceutical Co Quarterly Data

Book Value per Share CPI Adj_Book
201603 14.051 97.900 16.218
201606 14.863 98.100 17.120
201609 15.026 98.000 17.326
201612 14.865 98.400 17.071
201703 15.700 98.100 18.085
201706 14.697 98.500 16.861
201709 14.154 98.800 16.188
201712 14.577 99.400 16.571
201803 14.922 99.200 16.998
201806 15.718 99.200 17.905
201809 15.986 99.900 18.082
201812 16.471 99.700 18.668
201903 16.753 99.700 18.988
201906 17.077 99.800 19.336
201909 18.057 100.100 20.384
201912 18.222 100.500 20.488
202003 18.328 100.300 20.649
202006 18.500 99.900 20.926
202009 18.503 99.900 20.929
202012 18.499 99.300 21.051
202103 18.390 99.900 20.802
202106 18.377 99.500 20.870
202109 19.185 100.100 21.657
202112 19.562 100.100 22.083
202203 19.061 101.100 21.305
202206 18.222 101.800 20.227
202209 18.698 103.100 20.493
202212 18.216 104.100 19.773
202303 18.248 104.400 19.751
202306 17.891 105.200 19.218
202309 17.866 106.200 19.010
202312 17.547 106.800 18.566
202403 16.931 107.200 17.847
202406 16.603 108.200 17.340
202409 17.355 108.900 18.008
202412 17.829 110.700 18.199
202503 17.284 111.100 17.580
202506 16.809 111.700 17.005
202509 16.435 112.000 16.582
202512 15.547 113.000 15.547

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 2.09 mean?
Kobayashi Pharmaceutical Co (FRA:KOY) has a Cyclically Adjusted PB Ratio of 2.09 as of Jul. 22, 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 Kobayashi Pharmaceutical Co and its competitors. This is 55% below median its historical median of 4.64. Over the past decade, Kobayashi Pharmaceutical Co's Cyclically Adjusted PB Ratio has ranged from 2.02 to 7.34. According to the industry distribution chart, Kobayashi Pharmaceutical Co ranks #988 out of 1441 companies in the Consumer Packaged Goods industry, placing it in the top 68.6%.
Is Kobayashi Pharmaceutical Co's Cyclically Adjusted PB Ratio too high?
Kobayashi Pharmaceutical Co's current Cyclically Adjusted PB Ratio of 2.09 is 55% below median its 10-year median of 4.64. Over the past 10 years, this metric has ranged from a low of 2.02 to a high of 7.34. The Consumer Packaged Goods industry median Cyclically Adjusted PB Ratio is 1.27. Kobayashi Pharmaceutical Co's value of 2.09 is 64.6% above this industry median. Based on the distribution chart, Kobayashi Pharmaceutical Co ranks #988 out of 1441 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Kobayashi Pharmaceutical Co has a GF Score™ of 81/100, reflecting its overall financial health beyond just this single metric.
How does Kobayashi Pharmaceutical Co's Cyclically Adjusted PB Ratio compare to PG and CL?
According to the Consumer Packaged Goods industry distribution chart, Kobayashi Pharmaceutical Co ranks #988 out of 1441 companies for Cyclically Adjusted PB Ratio. This places Kobayashi Pharmaceutical Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.27. Kobayashi Pharmaceutical Co's value of 2.09 is 64.6% above this benchmark. Historically, Kobayashi Pharmaceutical Co's own Cyclically Adjusted PB Ratio has ranged from 2.02 to 7.34 over the past decade. While the company's 10-year median is 4.64 vs. the industry median of 1.27, Kobayashi Pharmaceutical 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 Consumer Packaged Goods company?
The median Cyclically Adjusted PB Ratio among Consumer Packaged Goods companies is 1.27, based on 1,441 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. Kobayashi Pharmaceutical Co's current Cyclically Adjusted PB Ratio of 2.09 is 64.6% 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 Kobayashi Pharmaceutical Co and its competitors. For the Consumer Packaged Goods industry, the median Cyclically Adjusted PB Ratio is 1.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kobayashi Pharmaceutical Co's current Cyclically Adjusted PB Ratio is 2.09, which is 55% below median its own 10-year median of 4.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kobayashi Pharmaceutical Co stock overvalued right now?
Kobayashi Pharmaceutical Co (FRA:KOY) has a current Cyclically Adjusted PB Ratio of 2.09. The stock's GF Value™ is €30.01, compared to a current price of €28.40 — trading 5.4% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.09, which is 55% below median its 10-year median of 4.64 and 64.6% above the Consumer Packaged Goods industry median of 1.27. Kobayashi Pharmaceutical Co's overall GF Score™ is 81/100 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 Kobayashi Pharmaceutical Co (FRA:KOY), the current Cyclically Adjusted PB Ratio is 2.09 as of Jul. 22, 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 Kobayashi Pharmaceutical Co (FRA:KOY) Overvalued in 2026?

Based on GuruFocus' analysis, Kobayashi Pharmaceutical Co stock appears to be undervalued. The current stock price of €28.40 is trading 5.4% below its estimated GF Value™ of €30.01.

Key valuation signals for FRA:KOY:

  • Cyclically Adjusted PB Ratio: 2.09 (55% below median its 10-year median of 4.64)
  • GF Value™: €30.01 vs. price of €28.40 (5.4% below fair value)
  • GF Score™: 81/100 with 5 warning signs
  • Industry Position: 64.6% above the Consumer Packaged Goods median (#988 of 1441)

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


Kobayashi Pharmaceutical Co Business Description

Other Exchanges 4967:Japan
Address 4-4-10 Doshomachi, KDX Kobayashi Doshomachi Building, Chuo-ku, Osaka, JPN, 541-0045
Kobayashi Pharmaceutical Co Ltd is engaged in the manufacture and sale of healthcare products, daily necessities, and body warmers. The company operates through two reportable segments: Domestic Business and International Business, which handle production and sales activities in Japan and overseas, respectively. The company's product portfolio includes disposable body warmers, cooling gel sheets, OTC pharmaceuticals, oral hygiene products, air fresheners, eyeglass wipes, and deodorizing/household sundries.
81GF Score

Get the complete analysis for FRA:KOY

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

€28.40
Price
€30.01
GF Value