KMGGF (Kumagai Gumi Co) Cyclically Adjusted PB Ratio: 1.44 (As of Jul. 20, 2026) — 11% Above Median

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KMGGF Kumagai Gumi Co Ltd KMGGF
79 GF Score
Price $9.10
GF Value $7.63
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Kumagai Gumi Co Cyclically Adjusted PB Ratio?

Kumagai Gumi Co KMGGF +4.60% 79 Cyclically Adjusted PB Ratio is 1.44 as of Jul. 20, 2026, which is 11% above its 10-year median of 1.30. GuruFocus rates KMGGF with a GF Score™ of 79/100 and a GF Value™ of $7.63 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 1,361 Construction companies, Kumagai Gumi Co ranks worse than 61.79% on this metric.

As of today (2026-07-20), Kumagai Gumi Co's current share price is $9.10. Kumagai Gumi Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $6.31. Kumagai Gumi Co's Cyclically Adjusted PB Ratio for today is 1.44.

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

KMGGF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.94   Med: 1.3   Max: 2.33
Current: 1.61

During the past years, Kumagai Gumi Co's highest Cyclically Adjusted PB Ratio was 2.33. The lowest was 0.94. And the median was 1.30.

KMGGF's Cyclically Adjusted PB Ratio is ranked worse than
61.79% of 1361 companies
in the Construction industry
Industry Median: 1.18 vs KMGGF: 1.61

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.

Kumagai Gumi Co's adjusted book value per share data for the three months ended in Mar. 2026 was $6.967. 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 $6.31 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kumagai Gumi Co  (OTCPK:KMGGF) 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.


Kumagai Gumi Co Cyclically Adjusted PB Ratio Related Terms


Kumagai Gumi Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Kumagai Gumi 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.

Kumagai Gumi Co Cyclically Adjusted PB Ratio Chart

Kumagai Gumi 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 1.08 0.98 1.41 1.22 1.70

Kumagai Gumi 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 1.22 1.24 1.45 1.74 1.70

KMGGF vs PWR, FIX, EME: Cyclically Adjusted PB Ratio Comparison

For the Engineering & Construction subindustry, Kumagai Gumi 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.


Kumagai Gumi Co Cyclically Adjusted PB Ratio vs Construction Industry

For the Construction industry and Industrials sector, Kumagai Gumi Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


KMGGF
79GF Score
Kumagai Gumi Co Ltd KMGGF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Kumagai Gumi 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.

Kumagai Gumi Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=9.10/6.31
=1.44

* 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.

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

For example, Kumagai Gumi Co'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)
=6.967/112.7000*112.7000
=6.967

Current CPI (Mar. 2026) = 112.7000.

Kumagai Gumi Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 4.173 98.100 4.794
201609 4.594 98.000 5.283
201612 4.381 98.400 5.018
201703 4.761 98.100 5.470
201706 4.840 98.500 5.538
201709 5.058 98.800 5.770
201712 5.871 99.400 6.657
201803 6.383 99.200 7.252
201806 6.019 99.200 6.838
201809 6.110 99.900 6.893
201812 6.207 99.700 7.016
201903 6.510 99.700 7.359
201906 6.589 99.800 7.441
201909 6.861 100.100 7.725
201912 7.026 100.500 7.879
202003 7.377 100.300 8.289
202006 7.218 99.900 8.143
202009 7.659 99.900 8.640
202012 8.115 99.300 9.210
202103 8.087 99.900 9.123
202106 7.745 99.500 8.772
202109 7.980 100.100 8.984
202112 7.905 100.100 8.900
202203 7.908 101.100 8.815
202206 6.761 101.800 7.485
202209 6.471 103.100 7.074
202212 6.975 104.100 7.551
202303 7.283 104.400 7.862
202306 6.779 105.200 7.262
202309 6.650 106.200 7.057
202312 7.055 106.800 7.445
202403 6.984 107.200 7.342
202406 0.000 108.200 0.000
202409 7.444 108.900 7.704
202412 6.633 110.700 6.753
202503 7.105 111.100 7.207
202506 7.102 111.700 7.166
202509 7.269 112.000 7.314
202512 6.919 113.000 6.901
202603 6.967 112.700 6.967

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 1.44 mean?
Kumagai Gumi Co (KMGGF) has a Cyclically Adjusted PB Ratio of 1.44 as of Jul. 20, 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 Kumagai Gumi Co and its competitors. This is 11% above median its historical median of 1.30. Over the past decade, Kumagai Gumi Co's Cyclically Adjusted PB Ratio has ranged from 0.94 to 2.33. According to the industry distribution chart, Kumagai Gumi Co ranks #841 out of 1361 companies in the Construction industry, placing it in the top 61.8%.
Is Kumagai Gumi Co's Cyclically Adjusted PB Ratio too high?
Kumagai Gumi Co's current Cyclically Adjusted PB Ratio of 1.44 is 11% above median its 10-year median of 1.30. Over the past 10 years, this metric has ranged from a low of 0.94 to a high of 2.33. The Construction industry median Cyclically Adjusted PB Ratio is 1.18. Kumagai Gumi Co's value of 1.44 is 22% above this industry median. Based on the distribution chart, Kumagai Gumi Co ranks #841 out of 1361 companies in the Construction industry, which is below the industry midpoint. Overall, Kumagai Gumi Co has a GF Score™ of 79/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kumagai Gumi Co's Cyclically Adjusted PB Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, Kumagai Gumi Co ranks #841 out of 1361 companies for Cyclically Adjusted PB Ratio. This places Kumagai Gumi Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.18. Kumagai Gumi Co's value of 1.44 is 22% above this benchmark. Historically, Kumagai Gumi Co's own Cyclically Adjusted PB Ratio has ranged from 0.94 to 2.33 over the past decade. While the company's 10-year median is 1.30 vs. the industry median of 1.18, Kumagai Gumi 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 Construction company?
The median Cyclically Adjusted PB Ratio among Construction companies is 1.18, based on 1,361 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. Kumagai Gumi Co's current Cyclically Adjusted PB Ratio of 1.44 is 22% 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 Kumagai Gumi Co and its competitors. For the Construction industry, the median Cyclically Adjusted PB Ratio is 1.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kumagai Gumi Co's current Cyclically Adjusted PB Ratio is 1.44, which is 11% above median its own 10-year median of 1.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kumagai Gumi Co stock overvalued right now?
Based on GuruFocus' analysis, Kumagai Gumi Co (KMGGF) is currently considered Modestly Overvalued. The stock's GF Value™ is $7.63, compared to a current price of $9.10 — trading 19.3% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.44, which is 11% above median its 10-year median of 1.30 and 22% above the Construction industry median of 1.18. Kumagai Gumi Co's overall GF Score™ is 79/100 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 Kumagai Gumi Co (KMGGF), the current Cyclically Adjusted PB Ratio is 1.44 as of Jul. 20, 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 Kumagai Gumi Co (KMGGF) Overvalued in 2026?

Based on GuruFocus' analysis, Kumagai Gumi Co stock appears to be overvalued. The current stock price of $9.10 is trading 19.3% above its estimated GF Value™ of $7.63. GuruFocus considers Kumagai Gumi Co to be Modestly Overvalued.

Key valuation signals for KMGGF:

  • Cyclically Adjusted PB Ratio: 1.44 (11% above median its 10-year median of 1.30)
  • GF Value™: $7.63 vs. price of $9.10 (19.3% above fair value)
  • GF Score™: 79/100 with 5 warning signs
  • Industry Position: 22% above the Construction median (#841 of 1361)

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


Kumagai Gumi Co Business Description

Other Exchanges 1861:JapanKUG1:Germany
Address 2-1 Tsukudocho, Shinjuku-ku, Tokyo, JPN, 162-8557
Kumagai Gumi Co Ltd is a Japanese company that provides services in construction and civil engineering. The company analyzes, designs, and supervises complex construction projects. It also offers engineering and technical services throughout the construction process. These projects include roads, railways, airports, water systems, and other public facilities. In addition, the company is engaged in manufacturing and selling construction materials and machinery. Construction activities account for the majority of revenue. The company generates additional revenue from developing residential and commercial complexes and either operating the building or acting as a broker and selling the real estate.
79GF Score

Get the complete analysis for KMGGF

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

$9.10
Price
$7.63
GF Value