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KNBWY (Kirin Holdings Co) Cyclically Adjusted PB Ratio : 1.85 (As of May. 31, 2025)


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What is Kirin Holdings Co Cyclically Adjusted PB Ratio?

As of today (2025-05-31), Kirin Holdings Co's current share price is $14.48. Kirin Holdings Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was $7.82. Kirin Holdings Co's Cyclically Adjusted PB Ratio for today is 1.85.

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

KNBWY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.44   Med: 2.02   Max: 3.1
Current: 1.78

During the past years, Kirin Holdings Co's highest Cyclically Adjusted PB Ratio was 3.10. The lowest was 1.44. And the median was 2.02.

KNBWY's Cyclically Adjusted PB Ratio is ranked better than
51.59% of 157 companies
in the Beverages - Alcoholic industry
Industry Median: 1.82 vs KNBWY: 1.78

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. 2025 was $9.152. 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 $7.82 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kirin Holdings Co Cyclically Adjusted PB Ratio Historical Data

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.

* Premium members only.

Kirin Holdings Co Cyclically Adjusted PB Ratio Chart

Kirin Holdings 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 2.44 1.83 1.89 1.88 1.77

Kirin Holdings 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 1.90 1.85 1.93 1.77 1.78

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

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's Cyclically Adjusted PB Ratio Distribution in the 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.


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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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=14.48/7.82
=1.85

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

For example, Kirin Holdings 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)
=9.152/111.1000*111.1000
=9.152

Current CPI (Mar. 2025) = 111.1000.

Kirin Holdings Co Quarterly Data

Book Value per Share CPI Adj_Book
201506 7.904 98.400 8.924
201509 7.613 98.500 8.587
201512 5.985 98.100 6.778
201603 6.294 97.900 7.143
201606 6.514 98.100 7.377
201609 6.431 98.000 7.291
201612 6.671 98.400 7.532
201703 7.011 98.100 7.940
201706 8.521 98.500 9.611
201709 8.829 98.800 9.928
201712 9.189 99.400 10.271
201803 9.833 99.200 11.013
201806 9.486 99.200 10.624
201809 9.314 99.900 10.358
201812 9.203 99.700 10.255
201903 8.727 99.700 9.725
201906 9.365 99.800 10.425
201909 9.321 100.100 10.345
201912 9.565 100.500 10.574
202003 8.639 100.300 9.569
202006 9.015 99.900 10.026
202009 9.387 99.900 10.439
202012 9.692 99.300 10.844
202103 9.560 99.900 10.632
202106 9.504 99.500 10.612
202109 9.388 100.100 10.420
202112 9.423 100.100 10.458
202203 9.468 101.100 10.404
202206 8.902 101.800 9.715
202209 8.866 103.100 9.554
202212 8.948 104.100 9.550
202303 8.957 104.400 9.532
202306 9.232 105.200 9.750
202309 9.270 106.200 9.698
202312 9.713 106.800 10.104
202403 9.581 107.200 9.930
202406 10.092 108.200 10.362
202409 10.108 108.900 10.312
202412 9.483 110.700 9.517
202503 9.152 111.100 9.152

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.


Kirin Holdings Co  (OTCPK:KNBWY) 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

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


Kirin Holdings Co Business Description

Traded in Other Exchanges
Address
Nakano Central Park South, 10-2, Nakano 4-chome, Nakano-ku, Tokyo, JPN, 164-0001
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 sales.

Kirin Holdings Co Headlines