KSPHF (Kissei Pharmaceutical Co) Cyclically Adjusted PB Ratio: 1.00 (As of Aug. 04, 2026) — 19% Above 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.

KSPHF Kissei Pharmaceutical Co Ltd KSPHF
79 GF Score
Price $25.77
GF Value $31.34
! 1 Warning Sign
View Full Analysis

What is Kissei Pharmaceutical Co Cyclically Adjusted PB Ratio?

Kissei Pharmaceutical Co KSPHF -4.45% 79 Cyclically Adjusted PB Ratio is 1.00 as of Aug. 04, 2026, which is 19% above its 10-year median of 0.84. GuruFocus rates KSPHF with a GF Score™ of 79/100 and a GF Value™ of $31.34. The stock has 1 warning sign investors should review. Among 741 Drug Manufacturers companies, Kissei Pharmaceutical Co ranks better than 74.76% on this metric.

As of today (2026-08-04), Kissei Pharmaceutical Co's current share price is $25.77. Kissei Pharmaceutical Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $25.87. Kissei Pharmaceutical Co's Cyclically Adjusted PB Ratio for today is 1.00.

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

KSPHF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.62   Med: 0.84   Max: 1.26
Current: 0.83

During the past years, Kissei Pharmaceutical Co's highest Cyclically Adjusted PB Ratio was 1.26. The lowest was 0.62. And the median was 0.84.

KSPHF's Cyclically Adjusted PB Ratio is ranked better than
74.76% of 741 companies
in the Drug Manufacturers industry
Industry Median: 1.79 vs KSPHF: 0.83

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.

Kissei Pharmaceutical Co's adjusted book value per share data for the three months ended in Mar. 2026 was $34.989. 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 $25.87 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kissei Pharmaceutical Co  (OTCPK:KSPHF) 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.


Kissei Pharmaceutical Co Cyclically Adjusted PB Ratio Related Terms


Kissei Pharmaceutical Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Kissei Pharmaceutical 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.

Kissei Pharmaceutical Co Cyclically Adjusted PB Ratio Chart

Kissei Pharmaceutical 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 0.71 0.68 0.85 0.86 1.00

Kissei Pharmaceutical Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.89 0.94 1.00 1.00 0.00

KSPHF vs ZTS: Cyclically Adjusted PB Ratio Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Kissei Pharmaceutical 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.


Kissei Pharmaceutical Co Cyclically Adjusted PB Ratio vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Kissei Pharmaceutical Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


KSPHF
79GF Score
Kissei Pharmaceutical Co Ltd KSPHF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kissei Pharmaceutical 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.

Kissei Pharmaceutical Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=25.77/25.87
=1.00

* 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.

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

For example, Kissei Pharmaceutical 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)
=34.989/112.7000*112.7000
=34.989

Current CPI (Mar. 2026) = 112.7000.

Kissei Pharmaceutical Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 30.835 98.100 35.424
201609 31.372 98.000 36.078
201612 27.864 98.400 31.913
201703 28.860 98.100 33.155
201706 30.104 98.500 34.444
201709 30.992 98.800 35.352
201712 32.301 99.400 36.623
201803 35.465 99.200 40.291
201806 34.803 99.200 39.539
201809 35.424 99.900 39.963
201812 33.017 99.700 37.322
201903 35.102 99.700 39.679
201906 35.648 99.800 40.256
201909 37.190 100.100 41.871
201912 38.047 100.500 42.666
202003 38.265 100.300 42.996
202006 42.592 99.900 48.049
202009 44.299 99.900 49.975
202012 44.150 99.300 50.108
202103 43.751 99.900 49.357
202106 42.380 99.500 48.002
202109 40.650 100.100 45.767
202112 38.089 100.100 42.883
202203 36.827 101.100 41.052
202206 32.691 101.800 36.191
202209 30.279 103.100 33.098
202212 31.475 104.100 34.075
202303 31.456 104.400 33.957
202306 30.207 105.200 32.361
202309 29.629 106.200 31.442
202312 30.710 106.800 32.407
202403 33.223 107.200 34.928
202406 31.500 108.200 32.810
202409 34.760 108.900 35.973
202412 31.926 110.700 32.503
202503 32.757 111.100 33.229
202506 34.590 111.700 34.900
202509 34.486 112.000 34.702
202512 33.482 113.000 33.393
202603 34.989 112.700 34.989

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 1.00 mean?
Kissei Pharmaceutical Co (KSPHF) has a Cyclically Adjusted PB Ratio of 1.00 as of Aug. 04, 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 Kissei Pharmaceutical Co and its competitors. This is 19% above median its historical median of 0.84. Over the past decade, Kissei Pharmaceutical Co's Cyclically Adjusted PB Ratio has ranged from 0.62 to 1.26. According to the industry distribution chart, Kissei Pharmaceutical Co ranks #187 out of 741 companies in the Drug Manufacturers industry, placing it in the top 25.2%.
Is Kissei Pharmaceutical Co's Cyclically Adjusted PB Ratio too high?
Kissei Pharmaceutical Co's current Cyclically Adjusted PB Ratio of 1.00 is 19% above median its 10-year median of 0.84. Over the past 10 years, this metric has ranged from a low of 0.62 to a high of 1.26. The Drug Manufacturers industry median Cyclically Adjusted PB Ratio is 1.79. Kissei Pharmaceutical Co's value of 1.00 is 44.1% below this industry median. Based on the distribution chart, Kissei Pharmaceutical Co ranks #187 out of 741 companies in the Drug Manufacturers industry, which is above the industry midpoint. Overall, Kissei Pharmaceutical Co has a GF Score™ of 79/100, reflecting its overall financial health beyond just this single metric.
How does Kissei Pharmaceutical Co's Cyclically Adjusted PB Ratio compare to ZTS?
According to the Drug Manufacturers industry distribution chart, Kissei Pharmaceutical Co ranks #187 out of 741 companies for Cyclically Adjusted PB Ratio. This puts Kissei Pharmaceutical Co in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.79. Kissei Pharmaceutical Co's value of 1.00 is 44.1% below this benchmark. Historically, Kissei Pharmaceutical Co's own Cyclically Adjusted PB Ratio has ranged from 0.62 to 1.26 over the past decade. While the company's 10-year median is 0.84 vs. the industry median of 1.79, Kissei Pharmaceutical Co has consistently been below 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 Drug Manufacturers company?
The median Cyclically Adjusted PB Ratio among Drug Manufacturers companies is 1.79, based on 741 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. Kissei Pharmaceutical Co's current Cyclically Adjusted PB Ratio of 1.00 is 44.1% below 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 Kissei Pharmaceutical Co and its competitors. For the Drug Manufacturers industry, the median Cyclically Adjusted PB Ratio is 1.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kissei Pharmaceutical Co's current Cyclically Adjusted PB Ratio is 1.00, which is 19% above median its own 10-year median of 0.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kissei Pharmaceutical Co stock overvalued right now?
Kissei Pharmaceutical Co (KSPHF) has a current Cyclically Adjusted PB Ratio of 1.00. The stock's GF Value™ is $31.34, compared to a current price of $25.77 — trading 17.8% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.00, which is 19% above median its 10-year median of 0.84 and 44.1% below the Drug Manufacturers industry median of 1.79. Kissei Pharmaceutical Co's overall GF Score™ is 79/100 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 Kissei Pharmaceutical Co (KSPHF), the current Cyclically Adjusted PB Ratio is 1.00 as of Aug. 04, 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 Kissei Pharmaceutical Co (KSPHF) Overvalued in 2026?

Based on GuruFocus' analysis, Kissei Pharmaceutical Co stock appears to be undervalued. The current stock price of $25.77 is trading 17.8% below its estimated GF Value™ of $31.34.

Key valuation signals for KSPHF:

  • Cyclically Adjusted PB Ratio: 1.00 (19% above median its 10-year median of 0.84)
  • GF Value™: $31.34 vs. price of $25.77 (17.8% below fair value)
  • GF Score™: 79/100 with 1 warning sign
  • Industry Position: 44.1% below the Drug Manufacturers median (#187 of 741)

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


Kissei Pharmaceutical Co Business Description

Other Exchanges 4547:Japan
Address 19-48, Yoshino, Matsumoto City, Nagano, JPN, 399-8710
Kissei Pharmaceutical Co Ltd is a specialty and generic drug manufacturing company. Pharmaceuticals is the company's reportable segment. The company's operations span across the globe, while the vast majority of revenue is generated in Japan, followed by Europe. Kissei operates a variety of subsidiaries. The company considers merger and acquisition investment as a potential component of its operational growth strategy for expanding its research, development, manufacturing, and marketing capabilities.
79GF Score

Get the complete analysis for KSPHF

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

$25.77
Price
$31.34
GF Value