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Kyowa Kirin Co (FRA:KY4) Cyclically Adjusted PB Ratio : 1.66 (As of Jun. 30, 2025)


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What is Kyowa Kirin Co Cyclically Adjusted PB Ratio?

As of today (2025-06-30), Kyowa Kirin Co's current share price is €14.20. Kyowa Kirin Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was €8.53. Kyowa Kirin Co's Cyclically Adjusted PB Ratio for today is 1.66.

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

FRA:KY4' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.47   Med: 2.11   Max: 3.68
Current: 1.73

During the past years, Kyowa Kirin Co's highest Cyclically Adjusted PB Ratio was 3.68. The lowest was 1.47. And the median was 2.11.

FRA:KY4's Cyclically Adjusted PB Ratio is ranked better than
55.23% of 746 companies
in the Drug Manufacturers industry
Industry Median: 1.99 vs FRA:KY4: 1.73

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.

Kyowa Kirin Co's adjusted book value per share data for the three months ended in Mar. 2025 was €9.858. 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 €8.53 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kyowa Kirin Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Kyowa Kirin 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.

* Premium members only.

Kyowa Kirin Co Cyclically Adjusted PB Ratio Chart

Kyowa Kirin Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.50 2.69 2.42 1.81 1.70

Kyowa Kirin Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 2.03 2.04 1.85 1.70 1.54

Competitive Comparison of Kyowa Kirin Co's Cyclically Adjusted PB Ratio

For the Drug Manufacturers - General subindustry, Kyowa Kirin 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.


Kyowa Kirin Co's Cyclically Adjusted PB Ratio Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Kyowa Kirin Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Kyowa Kirin 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.

Kyowa Kirin Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=14.20/8.53
=1.66

* 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.

Kyowa Kirin Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Kyowa Kirin Co's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=9.858/111.1000*111.1000
=9.858

Current CPI (Mar. 2025) = 111.1000.

Kyowa Kirin Co Quarterly Data

Book Value per Share CPI Adj_Book
201506 8.040 98.400 9.078
201509 8.294 98.500 9.355
201512 8.480 98.100 9.604
201603 8.799 97.900 9.985
201606 9.186 98.100 10.403
201609 9.453 98.000 10.717
201612 8.618 98.400 9.730
201703 9.085 98.100 10.289
201706 8.927 98.500 10.069
201709 8.453 98.800 9.505
201712 8.421 99.400 9.412
201803 8.759 99.200 9.810
201806 9.070 99.200 10.158
201809 9.027 99.900 10.039
201812 9.297 99.700 10.360
201903 9.300 99.700 10.363
201906 10.123 99.800 11.269
201909 10.375 100.100 11.515
201912 10.420 100.500 11.519
202003 10.531 100.300 11.665
202006 10.544 99.900 11.726
202009 10.260 99.900 11.410
202012 10.296 99.300 11.519
202103 10.182 99.900 11.324
202106 10.111 99.500 11.290
202109 10.245 100.100 11.371
202112 10.666 100.100 11.838
202203 10.609 101.100 11.658
202206 10.060 101.800 10.979
202209 10.004 103.100 10.780
202212 9.931 104.100 10.599
202303 9.970 104.400 10.610
202306 9.653 105.200 10.194
202309 9.574 106.200 10.016
202312 9.909 106.800 10.308
202403 9.686 107.200 10.038
202406 9.620 108.200 9.878
202409 10.033 108.900 10.236
202412 10.093 110.700 10.129
202503 9.858 111.100 9.858

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.


Kyowa Kirin Co  (FRA:KY4) 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.


Kyowa Kirin Co Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Kyowa Kirin Co's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Kyowa Kirin Co Business Description

Traded in Other Exchanges
Address
1-9-2,Otemachi, Chiyoda-ku, Otemachi Financial City Grand Cube, Tokyo, JPN, 100-0004
Kyowa Kirin Co Ltd is a drug manufacturing company that focuses on biologic medicines. Its operations emphasize four categories: nephrology, oncology, immunology and allergy, and the central nervous system. The company has two reportable segments, Pharmaceuticals and Biochemicals. The pharmaceuticals business manufactures and sells ethical pharmaceuticals, diagnostic reagents, and other products. The biochemicals business manufactures and sells raw materials for pharmaceutical and industrial use, mainly amino acids, nucleic acids and related compounds, healthcare products, and others.

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