Kao (KAOOY) Cyclically Adjusted PB Ratio: 3.04 (As of Jul. 13, 2026) — 24% Below Median


KAOOY Kao Corp KAOOY
75 GF Score
Price $6.63
GF Value $7.00
Valuation Fairly Valued
! 3 Warning Signs
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What is Kao Cyclically Adjusted PB Ratio?

Kao KAOOY -1.04% 75 Cyclically Adjusted PB Ratio is 3.04 as of Jul. 13, 2026, which is 24% below its 10-year median of 4.00. GuruFocus rates KAOOY with a GF Score™ of 75/100 and a GF Value™ of $7.00 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,445 Consumer Packaged Goods companies, Kao ranks worse than 80% on this metric.

As of today (2026-07-13), Kao's current share price is $6.63. Kao's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $2.18. Kao's Cyclically Adjusted PB Ratio for today is 3.04.

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

KAOOY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.84   Med: 4   Max: 7.35
Current: 3.12

During the past years, Kao's highest Cyclically Adjusted PB Ratio was 7.35. The lowest was 2.84. And the median was 4.00.

KAOOY's Cyclically Adjusted PB Ratio is ranked worse than
80% of 1445 companies
in the Consumer Packaged Goods industry
Industry Median: 1.25 vs KAOOY: 3.12

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.

Kao's adjusted book value per share data for the three months ended in Mar. 2026 was $2.490. 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 $2.18 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kao  (OTCPK:KAOOY) 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.


Kao Cyclically Adjusted PB Ratio Related Terms


Kao Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Kao'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.

Kao Cyclically Adjusted PB Ratio Chart

Kao Annual Data
Trend Dec16 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 4.02 3.18 3.26 3.31 3.06

Kao 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 3.31 3.25 3.21 3.06 2.99

KAOOY vs PG, CL, KVUE: Cyclically Adjusted PB Ratio Comparison

For the Household & Personal Products subindustry, Kao'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.


Kao Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

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

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


KAOOY
75GF Score
Kao Corp KAOOY
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Kao 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=6.63/2.18
=3.04

* 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.

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

For example, Kao'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)
=2.49/112.7000*112.7000
=2.490

Current CPI (Mar. 2026) = 112.7000.

Kao Quarterly Data

Book Value per Share CPI Adj_Book
201606 2.109 98.100 2.423
201609 2.120 98.000 2.438
201612 1.982 98.400 2.270
201703 2.059 98.100 2.365
201706 2.210 98.500 2.529
201709 2.270 98.800 2.589
201712 2.415 99.400 2.738
201803 2.530 99.200 2.874
201806 2.424 99.200 2.754
201809 2.461 99.900 2.776
201812 2.510 99.700 2.837
201903 2.539 99.700 2.870
201906 2.541 99.800 2.869
201909 2.626 100.100 2.957
201912 2.724 100.500 3.055
202003 2.707 100.300 3.042
202006 2.794 99.900 3.152
202009 2.848 99.900 3.213
202012 3.084 99.300 3.500
202103 2.918 99.900 3.292
202106 2.919 99.500 3.306
202109 2.907 100.100 3.273
202112 2.982 100.100 3.357
202203 2.900 101.100 3.233
202206 2.686 101.800 2.974
202209 2.507 103.100 2.740
202212 2.583 104.100 2.796
202303 2.552 104.400 2.755
202306 2.541 105.200 2.722
202309 2.412 106.200 2.560
202312 2.449 106.800 2.584
202403 2.386 107.200 2.508
202406 2.400 108.200 2.500
202409 2.495 108.900 2.582
202412 2.489 110.700 2.534
202503 2.477 111.100 2.513
202506 2.614 111.700 2.637
202509 2.531 112.000 2.547
202512 2.515 113.000 2.508
202603 2.490 112.700 2.490

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 3.04 mean?
Kao (KAOOY) has a Cyclically Adjusted PB Ratio of 3.04 as of Jul. 13, 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 Kao and its competitors. This is 24% below median its historical median of 4.00. Over the past decade, Kao's Cyclically Adjusted PB Ratio has ranged from 2.84 to 7.35. According to the industry distribution chart, Kao ranks #1156 out of 1445 companies in the Consumer Packaged Goods industry, placing it in the top 80%.
Is Kao's Cyclically Adjusted PB Ratio too high?
Kao's current Cyclically Adjusted PB Ratio of 3.04 is 24% below median its 10-year median of 4.00. Over the past 10 years, this metric has ranged from a low of 2.84 to a high of 7.35. The Consumer Packaged Goods industry median Cyclically Adjusted PB Ratio is 1.25. Kao's value of 3.04 is 143.2% above this industry median. Based on the distribution chart, Kao ranks #1156 out of 1445 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Kao has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Kao's Cyclically Adjusted PB Ratio compare to PG and CL?
According to the Consumer Packaged Goods industry distribution chart, Kao ranks #1156 out of 1445 companies for Cyclically Adjusted PB Ratio. This places Kao in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.25. Kao's value of 3.04 is 143.2% above this benchmark. Historically, Kao's own Cyclically Adjusted PB Ratio has ranged from 2.84 to 7.35 over the past decade. While the company's 10-year median is 4.00 vs. the industry median of 1.25, Kao 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 1.25, based on 1,445 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. Kao's current Cyclically Adjusted PB Ratio of 3.04 is 143.2% 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 Kao and its competitors. For the Consumer Packaged Goods industry, the median Cyclically Adjusted PB Ratio is 1.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kao's current Cyclically Adjusted PB Ratio is 3.04, which is 24% below median its own 10-year median of 4.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kao stock overvalued right now?
Based on GuruFocus' analysis, Kao (KAOOY) is currently considered Fairly Valued. The stock's GF Value™ is $7.00, compared to a current price of $6.63 — trading 5.3% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 3.04, which is 24% below median its 10-year median of 4.00 and 143.2% above the Consumer Packaged Goods industry median of 1.25. Kao's overall GF Score™ is 75/100 with 3 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 Kao (KAOOY), the current Cyclically Adjusted PB Ratio is 3.04 as of Jul. 13, 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 Kao (KAOOY) Overvalued in 2026?

Based on GuruFocus' analysis, Kao stock appears to be undervalued. The current stock price of $6.63 is trading 5.3% below its estimated GF Value™ of $7.00. GuruFocus considers Kao to be Fairly Valued.

Key valuation signals for KAOOY:

  • Cyclically Adjusted PB Ratio: 3.04 (24% below median its 10-year median of 4.00)
  • GF Value™: $7.00 vs. price of $6.63 (5.3% below fair value)
  • GF Score™: 75/100 with 3 warning signs
  • Industry Position: 143.2% above the Consumer Packaged Goods median (#1156 of 1445)

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


Kao Business Description

Address 14-10, Nihonbashi Kayabacho 1-chome, Chuo-ku, Tokyo, JPN, 103-8210
Kao is the largest household and personal care product manufacturer in Japan, with a footprint across Asia, Europe, and the Americas. Japan remains its largest market, contributing about 50% of sales and operating profits with several leading brands, including Attack and Bioré. Initially a soap producer established in the 1890s, Kao has expanded into cosmetics, disposable hygiene products, and chemicals, in addition to its homecare and toiletry products. Asia, the largest overseas market, contributes around 15% of group sales. Kao has also acquired several Western skin- and haircare brands, including Jergens, John Frieda, Curél, Molton Brown, and the latest, Oribe.
75GF Score

Get the complete analysis for KAOOY

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

$6.63
Price
$7.00
GF Value