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Kirin Holdings CoKNBWF 66 Cyclically Adjusted PB Ratio is 2.39 as of Jul. 31, 2026, which is 17% above its 10-year median of 2.05. GuruFocus rates KNBWF with a GF Score™ of 66/100 and a GF Value™ of $14.92 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 164 Beverages - Alcoholic companies, Kirin Holdings Co ranks worse than 68.9% on this metric.
The historical rank and industry rank for Kirin Holdings Co's Cyclically Adjusted PB Ratio or its related term are showing as below:
KNBWF'
s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.59 Med: 2.05 Max: 3.1
Current: 2.35
During the past years, Kirin Holdings Co's highest Cyclically Adjusted PB Ratio was 3.10. The lowest was 1.59. And the median was 2.05.
KNBWF's Cyclically Adjusted PB Ratio is ranked worse than 68.9% of 164
companies
in the Beverages - Alcoholic industry
Industry Median: 1.425
vs KNBWF: 2.35
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.
Kirin Holdings Co's adjusted book value per share data for the three months ended in Mar. 2026 was $10.291. 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 $7.78 for the trailing ten years ended in Mar. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Kirin Holdings Co (OTCPK:KNBWF) 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.
Kirin Holdings Co Cyclically Adjusted PB Ratio Related Terms
Kirin Holdings Co Cyclically Adjusted PB Ratio Historical Data
* Premium members only.
The historical data trend for Kirin Holdings 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.
Kirin Holdings Co Cyclically Adjusted PB Ratio Chart
KNBWF vs STZ, TAP: Cyclically Adjusted PB Ratio Comparison
For the Beverages - Brewers subindustry, Kirin Holdings 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.
Kirin Holdings Co Cyclically Adjusted PB Ratio vs Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, Kirin Holdings Co's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where Kirin Holdings Co's Cyclically Adjusted PB Ratio falls into.
Kirin Holdings 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.
Kirin Holdings Co's Cyclically Adjusted PB Ratio for today is calculated as
* 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.
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 2.39 mean?
Kirin Holdings Co (KNBWF) has a Cyclically Adjusted PB Ratio of 2.39 as of Jul. 31, 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 Kirin Holdings Co and its competitors. This is 17% above median its historical median of 2.05. Over the past decade, Kirin Holdings Co's Cyclically Adjusted PB Ratio has ranged from 1.59 to 3.10. According to the industry distribution chart, Kirin Holdings Co ranks #113 out of 164 companies in the Beverages - Alcoholic industry, placing it in the top 68.9%.
Is Kirin Holdings Co's Cyclically Adjusted PB Ratio too high?
Kirin Holdings Co's current Cyclically Adjusted PB Ratio of 2.39 is 17% above median its 10-year median of 2.05. Over the past 10 years, this metric has ranged from a low of 1.59 to a high of 3.10. The Beverages - Alcoholic industry median Cyclically Adjusted PB Ratio is 1.43. Kirin Holdings Co's value of 2.39 is 67.7% above this industry median. Based on the distribution chart, Kirin Holdings Co ranks #113 out of 164 companies in the Beverages - Alcoholic industry, which is below the industry midpoint. Overall, Kirin Holdings Co has a GF Score™ of 66/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kirin Holdings Co's Cyclically Adjusted PB Ratio compare to STZ and TAP?
According to the Beverages - Alcoholic industry distribution chart, Kirin Holdings Co ranks #113 out of 164 companies for Cyclically Adjusted PB Ratio. This places Kirin Holdings Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.43. Kirin Holdings Co's value of 2.39 is 67.7% above this benchmark. Historically, Kirin Holdings Co's own Cyclically Adjusted PB Ratio has ranged from 1.59 to 3.10 over the past decade. While the company's 10-year median is 2.05 vs. the industry median of 1.43, Kirin Holdings 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 Beverages - Alcoholic company?
The median Cyclically Adjusted PB Ratio among Beverages - Alcoholic companies is 1.43, based on 164 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. Kirin Holdings Co's current Cyclically Adjusted PB Ratio of 2.39 is 67.7% 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 Kirin Holdings Co and its competitors. For the Beverages - Alcoholic industry, the median Cyclically Adjusted PB Ratio is 1.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kirin Holdings Co's current Cyclically Adjusted PB Ratio is 2.39, which is 17% above median its own 10-year median of 2.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kirin Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Kirin Holdings Co (KNBWF) is currently considered Modestly Overvalued. The stock's GF Value™ is $14.92, compared to a current price of $18.56 — trading 24.4% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.39, which is 17% above median its 10-year median of 2.05 and 67.7% above the Beverages - Alcoholic industry median of 1.43. Kirin Holdings Co's overall GF Score™ is 66/100 with 9 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 Kirin Holdings Co (KNBWF), the current Cyclically Adjusted PB Ratio is 2.39 as of Jul. 31, 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 Kirin Holdings Co (KNBWF) Overvalued in 2026?
Based on GuruFocus' analysis, Kirin Holdings Co stock appears to be overvalued.
The current stock price of $18.56 is trading 24.4% above its estimated GF Value™ of $14.92.
GuruFocus considers Kirin Holdings Co to be Modestly Overvalued.
Key valuation signals for KNBWF:
Cyclically Adjusted PB Ratio: 2.39 (17% above median its 10-year median of 2.05)
GF Value™: $14.92 vs. price of $18.56 (24.4% above fair value)
Industry Position: 67.7% above the Beverages - Alcoholic median (#113 of 164)
No single metric tells the full story. See the KNBWF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kirin is the second-largest brewer in Japan with a 28% market share. It holds a top share in the happoshu (low-malt beer) and new genre (no-malt beer) categories. Apart from beer, it also operates a wide range of alcoholic and soft beverage products in Japan. It has made several acquisitions, including Lion Nathan and National Foods in Australia, the second-largest Brazilian brewer Schincariol and Myanmar's biggest brewer over the past decade. It sold the businesses in Brazil and Myanmar in 2017 and 2023, respectively. In 2023, the company made a tender offer to bring Fancl on as a wholly owned subsidiary. Its revenue accounts for roughly 5% of Kirin's total sales. Its overseas business, which includes alcoholic and nonalcoholic beverages, represents about 40% of the group's revenue.
66GF Score
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