KOBCY (Kobe Bussan Co) Cyclically Adjusted PB Ratio: 6.07 (As of Sep. 06, 2026) — 63% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

KOBCY Kobe Bussan Co Ltd KOBCY
66 GF Score
Price $9.84
GF Value $18.61
Valuation Significantly Undervalued
! 1 Warning Sign
View Full Analysis

What is Kobe Bussan Co Cyclically Adjusted PB Ratio?

Kobe Bussan Co KOBCY -14.43% 66 Cyclically Adjusted PB Ratio is 6.07 as of Sep. 06, 2026, which is 63% below its 10-year median of 16.61. GuruFocus rates KOBCY with a GF Score™ of 66/100 and a GF Value™ of $18.61 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 218 Retail - Defensive companies, Kobe Bussan Co ranks worse than 91.74% on this metric.

As of today (2026-09-06), Kobe Bussan Co's current share price is $9.84. Kobe Bussan Co's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2026 was $1.62. Kobe Bussan Co's Cyclically Adjusted PB Ratio for today is 6.07.

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

KOBCY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 6.71   Med: 16.61   Max: 35.4
Current: 8.01

During the past years, Kobe Bussan Co's highest Cyclically Adjusted PB Ratio was 35.40. The lowest was 6.71. And the median was 16.61.

KOBCY's Cyclically Adjusted PB Ratio is ranked worse than
91.74% of 218 companies
in the Retail - Defensive industry
Industry Median: 1.63 vs KOBCY: 8.01

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.

Kobe Bussan Co's adjusted book value per share data for the three months ended in Apr. 2026 was $2.441. 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 $1.62 for the trailing ten years ended in Apr. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kobe Bussan Co  (OTCPK:KOBCY) 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.


Kobe Bussan Co Cyclically Adjusted PB Ratio Related Terms


Kobe Bussan Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Kobe Bussan 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.

Kobe Bussan Co Cyclically Adjusted PB Ratio Chart

Kobe Bussan Co Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 28.40 18.20 16.69 13.42 10.39

Kobe Bussan Co Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 14.17 12.49 10.39 10.55 7.09

KOBCY vs KR: Cyclically Adjusted PB Ratio Comparison

For the Grocery Stores subindustry, Kobe Bussan 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.


Kobe Bussan Co Cyclically Adjusted PB Ratio vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Kobe Bussan Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


KOBCY
66GF Score
Kobe Bussan Co Ltd KOBCY
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kobe Bussan 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.

Kobe Bussan Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=9.84/1.62
=6.07

* 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.

Kobe Bussan Co's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2026 is calculated as:

For example, Kobe Bussan Co's adjusted Book Value per Share data for the three months ended in Apr. 2026 was:

Adj_Book=Book Value per Share/CPI of Apr. 2026 (Change)*Current CPI (Apr. 2026)
=2.441/113.0000*113.0000
=2.441

Current CPI (Apr. 2026) = 113.0000.

Kobe Bussan Co Quarterly Data

Book Value per Share CPI Adj_Book
201607 0.362 97.900 0.418
201610 0.393 98.600 0.450
201701 0.381 98.200 0.438
201704 0.435 98.500 0.499
201707 0.472 98.300 0.543
201710 0.514 98.800 0.588
201801 0.555 99.500 0.630
201804 0.626 99.100 0.714
201807 0.668 99.200 0.761
201810 0.707 100.200 0.797
201901 0.755 99.700 0.856
201904 0.811 100.000 0.916
201907 0.913 99.800 1.034
201910 0.969 100.400 1.091
202001 0.998 100.500 1.122
202004 1.105 100.200 1.246
202007 1.213 100.000 1.371
202010 1.304 99.800 1.476
202101 1.358 99.800 1.538
202104 1.419 99.100 1.618
202107 1.524 99.700 1.727
202110 1.586 99.900 1.794
202201 1.588 100.300 1.789
202204 1.559 101.500 1.736
202207 1.535 102.300 1.696
202210 1.509 103.700 1.644
202301 1.645 104.700 1.775
202304 1.735 105.100 1.865
202307 1.761 105.700 1.883
202310 1.734 107.100 1.830
202401 1.793 106.900 1.895
202404 1.810 107.700 1.899
202407 1.809 108.600 1.882
202410 2.002 109.500 2.066
202501 2.003 111.200 2.035
202504 2.235 111.500 2.265
202507 2.379 111.900 2.402
202510 2.405 112.800 2.409
202601 2.323 112.900 2.325
202604 2.441 113.000 2.441

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 6.07 mean?
Kobe Bussan Co (KOBCY) has a Cyclically Adjusted PB Ratio of 6.07 as of Sep. 06, 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 Kobe Bussan Co and its competitors. This is 63% below median its historical median of 16.61. Over the past decade, Kobe Bussan Co's Cyclically Adjusted PB Ratio has ranged from 6.71 to 35.40. According to the industry distribution chart, Kobe Bussan Co ranks #200 out of 218 companies in the Retail - Defensive industry, placing it in the top 91.7%.
Is Kobe Bussan Co's Cyclically Adjusted PB Ratio too high?
Kobe Bussan Co's current Cyclically Adjusted PB Ratio of 6.07 is 63% below median its 10-year median of 16.61. Over the past 10 years, this metric has ranged from a low of 6.71 to a high of 35.40. The Retail - Defensive industry median Cyclically Adjusted PB Ratio is 1.63. Kobe Bussan Co's value of 6.07 is 272.4% above this industry median. Based on the distribution chart, Kobe Bussan Co ranks #200 out of 218 companies in the Retail - Defensive industry, which is in the bottom quartile relative to peers. Overall, Kobe Bussan Co has a GF Score™ of 66/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Kobe Bussan Co's Cyclically Adjusted PB Ratio compare to KR?
According to the Retail - Defensive industry distribution chart, Kobe Bussan Co ranks #200 out of 218 companies for Cyclically Adjusted PB Ratio. This places Kobe Bussan Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.63. Kobe Bussan Co's value of 6.07 is 272.4% above this benchmark. Historically, Kobe Bussan Co's own Cyclically Adjusted PB Ratio has ranged from 6.71 to 35.40 over the past decade. While the company's 10-year median is 16.61 vs. the industry median of 1.63, Kobe Bussan 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 Retail - Defensive company?
The median Cyclically Adjusted PB Ratio among Retail - Defensive companies is 1.63, based on 218 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. Kobe Bussan Co's current Cyclically Adjusted PB Ratio of 6.07 is 272.4% 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 Kobe Bussan Co and its competitors. For the Retail - Defensive industry, the median Cyclically Adjusted PB Ratio is 1.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kobe Bussan Co's current Cyclically Adjusted PB Ratio is 6.07, which is 63% below median its own 10-year median of 16.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kobe Bussan Co stock overvalued right now?
Based on GuruFocus' analysis, Kobe Bussan Co (KOBCY) is currently considered Significantly Undervalued. The stock's GF Value™ is $18.61, compared to a current price of $9.84 — trading 47.1% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 6.07, which is 63% below median its 10-year median of 16.61 and 272.4% above the Retail - Defensive industry median of 1.63. Kobe Bussan Co's overall GF Score™ is 66/100 with 1 warning sign 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 Kobe Bussan Co (KOBCY), the current Cyclically Adjusted PB Ratio is 6.07 as of Sep. 06, 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 Kobe Bussan Co (KOBCY) Overvalued in 2026?

Based on GuruFocus' analysis, Kobe Bussan Co stock appears to be undervalued. The current stock price of $9.84 is trading 47.1% below its estimated GF Value™ of $18.61. GuruFocus considers Kobe Bussan Co to be Significantly Undervalued.

Key valuation signals for KOBCY:

  • Cyclically Adjusted PB Ratio: 6.07 (63% below median its 10-year median of 16.61)
  • GF Value™: $18.61 vs. price of $9.84 (47.1% below fair value)
  • GF Score™: 66/100 with 1 warning sign
  • Industry Position: 272.4% above the Retail - Defensive median (#200 of 218)

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


Kobe Bussan Co Business Description

Other Exchanges 3038:Japan
Address 125-1 Hirano, Hyogo Prefecture, Kakogawa, JPN, 675-0063
Kobe Bussan Co Ltd is a Japan-based company that operates through four business divisions: Business Supermarket, Restaurant and Ready-Meal, Eco-Renewable Energy, and Others. The Business Supermarket segment runs Gyomu Super stores offering affordable domestic and imported food products. The Restaurant and Ready-Meal segment operates buffet and delicatessen chains such as Kobe Cook World Buffet, Premium Karubi, and Chisouna. The Eco-Renewable Energy segment generates electricity from nineteen solar and one woody biomass power plant. The Others segment includes tourism and related businesses. It generates the majority of its revenue from the Business Supermarket segment.
66GF Score

Get the complete analysis for KOBCY

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

$9.84
Price
$18.61
GF Value