KUBTF (Kubota) Cyclically Adjusted PB Ratio: 1.84 (As of Jul. 22, 2026) — 12% Below Median

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KUBTF Kubota Corp KUBTF
83 GF Score
Price $17.80
GF Value $13.88
Valuation Modestly Overvalued
! 3 Warning Signs
View Full Analysis

What is Kubota Cyclically Adjusted PB Ratio?

Kubota KUBTF 83 Cyclically Adjusted PB Ratio is 1.84 as of Jul. 22, 2026, which is 12% below its 10-year median of 2.10. GuruFocus rates KUBTF with a GF Score™ of 83/100 and a GF Value™ of $13.88 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 167 Farm & Heavy Construction Machinery companies, Kubota ranks worse than 52.69% on this metric.

As of today (2026-07-22), Kubota's current share price is $17.80. Kubota's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $9.66. Kubota's Cyclically Adjusted PB Ratio for today is 1.84.

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

KUBTF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.09   Med: 2.1   Max: 3.33
Current: 1.69

During the past years, Kubota's highest Cyclically Adjusted PB Ratio was 3.33. The lowest was 1.09. And the median was 2.10.

KUBTF's Cyclically Adjusted PB Ratio is ranked worse than
52.69% of 167 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 1.63 vs KUBTF: 1.69

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.

Kubota's adjusted book value per share data for the three months ended in Mar. 2026 was $14.893. 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 $9.66 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kubota  (OTCPK:KUBTF) 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.


Kubota Cyclically Adjusted PB Ratio Related Terms


Kubota Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Kubota'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.

Kubota Cyclically Adjusted PB Ratio Chart

Kubota Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.62 1.63 1.69 1.31 1.43

Kubota 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 1.27 1.10 1.24 1.43 1.55

KUBTF vs CAT, DE, PCAR: Cyclically Adjusted PB Ratio Comparison

For the Farm & Heavy Construction Machinery subindustry, Kubota'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.


Kubota Cyclically Adjusted PB Ratio vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Kubota's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


KUBTF
83GF Score
Kubota Corp KUBTF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kubota 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.

Kubota's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=17.80/9.66
=1.84

* 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.

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

For example, Kubota'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)
=14.893/112.7000*112.7000
=14.893

Current CPI (Mar. 2026) = 112.7000.

Kubota Quarterly Data

Book Value per Share CPI Adj_Book
201606 8.179 98.100 9.396
201609 8.541 98.000 9.822
201612 8.295 98.400 9.500
201703 8.459 98.100 9.718
201706 8.990 98.500 10.286
201709 9.191 98.800 10.484
201712 9.266 99.400 10.506
201803 9.616 99.200 10.925
201806 9.644 99.200 10.956
201809 9.763 99.900 11.014
201812 9.692 99.700 10.956
201903 9.973 99.700 11.273
201906 10.400 99.800 11.744
201909 10.541 100.100 11.868
201912 10.838 100.500 12.154
202003 10.657 100.300 11.975
202006 11.021 99.900 12.433
202009 11.247 99.900 12.688
202012 11.769 99.300 13.357
202103 11.917 99.900 13.444
202106 12.103 99.500 13.709
202109 12.257 100.100 13.800
202112 12.285 100.100 13.831
202203 12.482 101.100 13.914
202206 11.927 101.800 13.204
202209 11.511 103.100 12.583
202212 11.666 104.100 12.630
202303 12.208 104.400 13.179
202306 12.742 105.200 13.650
202309 12.533 106.200 13.300
202312 12.861 106.800 13.571
202403 13.188 107.200 13.865
202406 13.569 108.200 14.133
202409 13.933 108.900 14.419
202412 14.012 110.700 14.265
202503 14.004 111.100 14.206
202506 14.611 111.700 14.742
202509 14.683 112.000 14.775
202512 14.795 113.000 14.756
202603 14.893 112.700 14.893

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 1.84 mean?
Kubota (KUBTF) has a Cyclically Adjusted PB Ratio of 1.84 as of Jul. 22, 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 Kubota and its competitors. This is 12% below median its historical median of 2.10. Over the past decade, Kubota's Cyclically Adjusted PB Ratio has ranged from 1.09 to 3.33. According to the industry distribution chart, Kubota ranks #88 out of 167 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 52.7%.
Is Kubota's Cyclically Adjusted PB Ratio too high?
Kubota's current Cyclically Adjusted PB Ratio of 1.84 is 12% below median its 10-year median of 2.10. Over the past 10 years, this metric has ranged from a low of 1.09 to a high of 3.33. The Farm & Heavy Construction Machinery industry median Cyclically Adjusted PB Ratio is 1.63. Kubota's value of 1.84 is 12.9% above this industry median. Based on the distribution chart, Kubota ranks #88 out of 167 companies in the Farm & Heavy Construction Machinery industry, which is below the industry midpoint. Overall, Kubota has a GF Score™ of 83/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kubota's Cyclically Adjusted PB Ratio compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, Kubota ranks #88 out of 167 companies for Cyclically Adjusted PB Ratio. This places Kubota in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.63. Kubota's value of 1.84 is 12.9% above this benchmark. Historically, Kubota's own Cyclically Adjusted PB Ratio has ranged from 1.09 to 3.33 over the past decade. While the company's 10-year median is 2.10 vs. the industry median of 1.63, Kubota 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 Farm & Heavy Construction Machinery company?
The median Cyclically Adjusted PB Ratio among Farm & Heavy Construction Machinery companies is 1.63, based on 167 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. Kubota's current Cyclically Adjusted PB Ratio of 1.84 is 12.9% 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 Kubota and its competitors. For the Farm & Heavy Construction Machinery 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. Kubota's current Cyclically Adjusted PB Ratio is 1.84, which is 12% below median its own 10-year median of 2.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kubota stock overvalued right now?
Based on GuruFocus' analysis, Kubota (KUBTF) is currently considered Modestly Overvalued. The stock's GF Value™ is $13.88, compared to a current price of $17.80 — trading 28.2% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.84, which is 12% below median its 10-year median of 2.10 and 12.9% above the Farm & Heavy Construction Machinery industry median of 1.63. Kubota's overall GF Score™ is 83/100 with 3 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 Kubota (KUBTF), the current Cyclically Adjusted PB Ratio is 1.84 as of Jul. 22, 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 Kubota (KUBTF) Overvalued in 2026?

Based on GuruFocus' analysis, Kubota stock appears to be overvalued. The current stock price of $17.80 is trading 28.2% above its estimated GF Value™ of $13.88. GuruFocus considers Kubota to be Modestly Overvalued.

Key valuation signals for KUBTF:

  • Cyclically Adjusted PB Ratio: 1.84 (12% below median its 10-year median of 2.10)
  • GF Value™: $13.88 vs. price of $17.80 (28.2% above fair value)
  • GF Score™: 83/100 with 3 warning signs
  • Industry Position: 12.9% above the Farm & Heavy Construction Machinery median (#88 of 167)

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


Kubota Business Description

Address 2-47, Shikitsuhigashi 1-Chome, Naniwa-ku, Osaka, JPN, 556-8601
Kubota manufactures and sells small and midsize agricultural and construction equipment as well as water treatment equipment. Its key products in the farm and industrial machinery segment include compact/utility tractors, mini excavators, compact track loaders, engines, and rice farming equipment, such as combine harvesters, as well as rice transplanters. The company has produced over 5.6 million tractors worldwide and over 30 million engines. Its water and environment segment provides mainly pipe system products like ductile iron pipes and valves, water/waste treatment plants, pumps, as well as operation and maintenance services, including public/private partnership projects. The company is based in Osaka, Japan, and was founded in 1890.
83GF Score

Get the complete analysis for KUBTF

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

$17.80
Price
$13.88
GF Value