Koa (KACPF) Cyclically Adjusted PB Ratio: 1.19 (As of Jul. 18, 2026) — 20% Above Median

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Director of Data and Quant Analytics at GuruFocus
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KACPF Koa Corp KACPF
63 GF Score
Price $17.10
GF Value $11.30
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Koa Cyclically Adjusted PB Ratio?

Koa KACPF 63 Cyclically Adjusted PB Ratio is 1.19 as of Jul. 18, 2026, which is 20% above its 10-year median of 0.99. GuruFocus rates KACPF with a GF Score™ of 63/100 and a GF Value™ of $11.30 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,983 Hardware companies, Koa ranks better than 64.9% on this metric.

As of today (2026-07-18), Koa's current share price is $17.10. Koa's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $14.43. Koa's Cyclically Adjusted PB Ratio for today is 1.19.

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

KACPF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.41   Med: 0.99   Max: 2.01
Current: 1.32

During the past years, Koa's highest Cyclically Adjusted PB Ratio was 2.01. The lowest was 0.41. And the median was 0.99.

KACPF's Cyclically Adjusted PB Ratio is ranked better than
64.9% of 1983 companies
in the Hardware industry
Industry Median: 2.15 vs KACPF: 1.32

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.

Koa's adjusted book value per share data for the three months ended in Mar. 2026 was $15.031. 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 $14.43 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Koa  (OTCPK:KACPF) 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.


Koa Cyclically Adjusted PB Ratio Related Terms


Koa Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Koa'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.

Koa Cyclically Adjusted PB Ratio Chart

Koa 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 0.91 1.09 0.82 0.49 0.73

Koa 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 0.49 0.44 0.60 0.70 0.73

KACPF vs APH, GLW: Cyclically Adjusted PB Ratio Comparison

For the Electronic Components subindustry, Koa'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.


Koa Cyclically Adjusted PB Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Koa's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


KACPF
63GF Score
Koa Corp KACPF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Koa 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=17.10/14.43
=1.19

* 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.

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

For example, Koa'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)
=15.031/112.7000*112.7000
=15.031

Current CPI (Mar. 2026) = 112.7000.

Koa Quarterly Data

Book Value per Share CPI Adj_Book
201606 14.098 98.100 16.196
201609 14.518 98.000 16.696
201612 13.155 98.400 15.067
201703 13.723 98.100 15.765
201706 14.094 98.500 16.126
201709 14.513 98.800 16.555
201712 14.555 99.400 16.503
201803 15.636 99.200 17.764
201806 15.180 99.200 17.246
201809 14.906 99.900 16.816
201812 14.353 99.700 16.225
201903 14.639 99.700 16.548
201906 14.914 99.800 16.842
201909 14.935 100.100 16.815
201912 14.602 100.500 16.375
202003 14.673 100.300 16.487
202006 14.650 99.900 16.527
202009 15.032 99.900 16.958
202012 15.540 99.300 17.637
202103 15.325 99.900 17.289
202106 15.474 99.500 17.527
202109 15.817 100.100 17.808
202112 15.497 100.100 17.448
202203 15.272 101.100 17.024
202206 14.164 101.800 15.681
202209 13.784 103.100 15.067
202212 14.559 104.100 15.762
202303 14.876 104.400 16.059
202306 14.402 105.200 15.429
202309 14.001 106.200 14.858
202312 14.226 106.800 15.012
202403 14.138 107.200 14.863
202406 13.772 108.200 14.345
202409 14.828 108.900 15.345
202412 13.957 110.700 14.209
202503 14.118 111.100 14.321
202506 14.550 111.700 14.680
202509 14.495 112.000 14.586
202512 14.659 113.000 14.620
202603 15.031 112.700 15.031

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 1.19 mean?
Koa (KACPF) has a Cyclically Adjusted PB Ratio of 1.19 as of Jul. 18, 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 Koa and its competitors. This is 20% above median its historical median of 0.99. Over the past decade, Koa's Cyclically Adjusted PB Ratio has ranged from 0.41 to 2.01. According to the industry distribution chart, Koa ranks #696 out of 1983 companies in the Hardware industry, placing it in the top 35.1%.
Is Koa's Cyclically Adjusted PB Ratio too high?
Koa's current Cyclically Adjusted PB Ratio of 1.19 is 20% above median its 10-year median of 0.99. Over the past 10 years, this metric has ranged from a low of 0.41 to a high of 2.01. The Hardware industry median Cyclically Adjusted PB Ratio is 2.15. Koa's value of 1.19 is 44.7% below this industry median. Based on the distribution chart, Koa ranks #696 out of 1983 companies in the Hardware industry, which is above the industry midpoint. Overall, Koa has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Koa's Cyclically Adjusted PB Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, Koa ranks #696 out of 1983 companies for Cyclically Adjusted PB Ratio. This puts Koa in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.15. Koa's value of 1.19 is 44.7% below this benchmark. Historically, Koa's own Cyclically Adjusted PB Ratio has ranged from 0.41 to 2.01 over the past decade. While the company's 10-year median is 0.99 vs. the industry median of 2.15, Koa 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 Hardware company?
The median Cyclically Adjusted PB Ratio among Hardware companies is 2.15, based on 1,983 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. Koa's current Cyclically Adjusted PB Ratio of 1.19 is 44.7% 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 Koa and its competitors. For the Hardware industry, the median Cyclically Adjusted PB Ratio is 2.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Koa's current Cyclically Adjusted PB Ratio is 1.19, which is 20% above median its own 10-year median of 0.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Koa stock overvalued right now?
Based on GuruFocus' analysis, Koa (KACPF) is currently considered Significantly Overvalued. The stock's GF Value™ is $11.30, compared to a current price of $17.10 — trading 51.3% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.19, which is 20% above median its 10-year median of 0.99 and 44.7% below the Hardware industry median of 2.15. Koa's overall GF Score™ is 63/100 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 Koa (KACPF), the current Cyclically Adjusted PB Ratio is 1.19 as of Jul. 18, 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 Koa (KACPF) Overvalued in 2026?

Based on GuruFocus' analysis, Koa stock appears to be overvalued. The current stock price of $17.10 is trading 51.3% above its estimated GF Value™ of $11.30. GuruFocus considers Koa to be Significantly Overvalued.

Key valuation signals for KACPF:

  • Cyclically Adjusted PB Ratio: 1.19 (20% above median its 10-year median of 0.99)
  • GF Value™: $11.30 vs. price of $17.10 (51.3% above fair value)
  • GF Score™: 63/100 with 5 warning signs
  • Industry Position: 44.7% below the Hardware median (#696 of 1983)

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


Koa Business Description

Other Exchanges 6999:Japan
Address Nakaminowa 14016, Minowa, Nagano, JPN, 399-4601
Koa Corp is a Japan-based company, engages in the development, manufacture, and sale of electronic components. It offers its products such as circuit components, which include resistors, integrated circuits, composite parts, thermal sensors, inductors, fuses and others. Geographically the company operates throughout Japan, Asia, America and Europe.
63GF Score

Get the complete analysis for KACPF

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

$17.10
Price
$11.30
GF Value