KYKOF (Kyowa Kirin Co) Cyclically Adjusted PB Ratio: 1.57 (As of Jul. 12, 2026) — 25% Below Median


KYKOF Kyowa Kirin Co Ltd KYKOF
82 GF Score
Price $14.43
GF Value $17.76
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Kyowa Kirin Co Cyclically Adjusted PB Ratio?

Kyowa Kirin Co KYKOF 82 Cyclically Adjusted PB Ratio is 1.57 as of Jul. 12, 2026, which is 25% below its 10-year median of 2.08. GuruFocus rates KYKOF with a GF Score™ of 82/100 and a GF Value™ of $17.76 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 759 Drug Manufacturers companies, Kyowa Kirin Co ranks better than 50.99% on this metric.

As of today (2026-07-12), Kyowa Kirin Co's current share price is $14.425. Kyowa Kirin Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was $9.19. Kyowa Kirin Co's Cyclically Adjusted PB Ratio for today is 1.57.

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

KYKOF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.47   Med: 2.08   Max: 3.68
Current: 1.8

During the past years, Kyowa Kirin Co's highest Cyclically Adjusted PB Ratio was 3.68. The lowest was 1.47. And the median was 2.08.

KYKOF's Cyclically Adjusted PB Ratio is ranked better than
50.99% of 759 companies
in the Drug Manufacturers industry
Industry Median: 1.82 vs KYKOF: 1.80

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.

Kyowa Kirin Co's adjusted book value per share data for the three months ended in Dec. 2025 was $10.945. 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 $9.19 for the trailing ten years ended in Dec. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kyowa Kirin Co  (OTCPK:KYKOF) 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.


Kyowa Kirin Co Cyclically Adjusted PB Ratio Related Terms


Kyowa Kirin Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Kyowa Kirin 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.

Kyowa Kirin Co Cyclically Adjusted PB Ratio Chart

Kyowa Kirin Co 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 2.69 2.42 1.81 1.70 1.72

Kyowa Kirin Co 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 1.54 1.72 1.59 1.72 0.00

KYKOF vs ZTS, UTHR: Cyclically Adjusted PB Ratio Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Kyowa Kirin 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.


Kyowa Kirin Co Cyclically Adjusted PB Ratio vs Drug Manufacturers Industry

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

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


KYKOF
82GF Score
Kyowa Kirin Co Ltd KYKOF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Kyowa Kirin 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.

Kyowa Kirin Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=14.425/9.19
=1.57

* 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.

Kyowa Kirin Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 is calculated as:

For example, Kyowa Kirin Co's adjusted Book Value per Share data for the three months ended in Dec. 2025 was:

Adj_Book=Book Value per Share/CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=10.945/113.0000*113.0000
=10.945

Current CPI (Dec. 2025) = 113.0000.

Kyowa Kirin Co Quarterly Data

Book Value per Share CPI Adj_Book
201603 9.799 97.900 11.310
201606 10.321 98.100 11.889
201609 10.609 98.000 12.233
201612 9.091 98.400 10.440
201703 9.716 98.100 11.192
201706 10.030 98.500 11.506
201709 10.076 98.800 11.524
201712 9.966 99.400 11.330
201803 10.800 99.200 12.302
201806 10.596 99.200 12.070
201809 10.534 99.900 11.915
201812 10.576 99.700 11.987
201903 10.508 99.700 11.910
201906 11.438 99.800 12.951
201909 11.426 100.100 12.898
201912 11.578 100.500 13.018
202003 11.636 100.300 13.109
202006 11.874 99.900 13.431
202009 12.085 99.900 13.670
202012 12.526 99.300 14.254
202103 12.122 99.900 13.712
202106 12.182 99.500 13.835
202109 12.053 100.100 13.606
202112 12.052 100.100 13.605
202203 11.684 101.100 13.059
202206 10.634 101.800 11.804
202209 9.905 103.100 10.856
202212 10.520 104.100 11.419
202303 10.675 104.400 11.554
202306 10.458 105.200 11.233
202309 10.218 106.200 10.872
202312 10.806 106.800 11.433
202403 10.529 107.200 11.099
202406 10.356 108.200 10.815
202409 11.135 108.900 11.554
202412 10.569 110.700 10.789
202503 10.658 111.100 10.840
202506 11.132 111.700 11.262
202509 10.931 112.000 11.029
202512 10.945 113.000 10.945

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 1.57 mean?
Kyowa Kirin Co (KYKOF) has a Cyclically Adjusted PB Ratio of 1.57 as of Jul. 12, 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 Kyowa Kirin Co and its competitors. This is 25% below median its historical median of 2.08. Over the past decade, Kyowa Kirin Co's Cyclically Adjusted PB Ratio has ranged from 1.47 to 3.68. According to the industry distribution chart, Kyowa Kirin Co ranks #372 out of 759 companies in the Drug Manufacturers industry, placing it in the top 49%.
Is Kyowa Kirin Co's Cyclically Adjusted PB Ratio too high?
Kyowa Kirin Co's current Cyclically Adjusted PB Ratio of 1.57 is 25% below median its 10-year median of 2.08. Over the past 10 years, this metric has ranged from a low of 1.47 to a high of 3.68. The Drug Manufacturers industry median Cyclically Adjusted PB Ratio is 1.82. Kyowa Kirin Co's value of 1.57 is 13.7% below this industry median. Based on the distribution chart, Kyowa Kirin Co ranks #372 out of 759 companies in the Drug Manufacturers industry, which is above the industry midpoint. Overall, Kyowa Kirin Co has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Kyowa Kirin Co's Cyclically Adjusted PB Ratio compare to ZTS and UTHR?
According to the Drug Manufacturers industry distribution chart, Kyowa Kirin Co ranks #372 out of 759 companies for Cyclically Adjusted PB Ratio. This puts Kyowa Kirin Co in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.82. Kyowa Kirin Co's value of 1.57 is 13.7% below this benchmark. Historically, Kyowa Kirin Co's own Cyclically Adjusted PB Ratio has ranged from 1.47 to 3.68 over the past decade. While the company's 10-year median is 2.08 vs. the industry median of 1.82, Kyowa Kirin 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 1.82, based on 759 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. Kyowa Kirin Co's current Cyclically Adjusted PB Ratio of 1.57 is 13.7% 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 Kyowa Kirin Co and its competitors. For the Drug Manufacturers industry, the median Cyclically Adjusted PB Ratio is 1.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kyowa Kirin Co's current Cyclically Adjusted PB Ratio is 1.57, which is 25% below median its own 10-year median of 2.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kyowa Kirin Co stock overvalued right now?
Based on GuruFocus' analysis, Kyowa Kirin Co (KYKOF) is currently considered Modestly Undervalued. The stock's GF Value™ is $17.76, compared to a current price of $14.43 — trading 18.8% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.57, which is 25% below median its 10-year median of 2.08 and 13.7% below the Drug Manufacturers industry median of 1.82. Kyowa Kirin Co's overall GF Score™ is 82/100 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 Kyowa Kirin Co (KYKOF), the current Cyclically Adjusted PB Ratio is 1.57 as of Jul. 12, 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 Kyowa Kirin Co (KYKOF) Overvalued in 2026?

Based on GuruFocus' analysis, Kyowa Kirin Co stock appears to be undervalued. The current stock price of $14.43 is trading 18.8% below its estimated GF Value™ of $17.76. GuruFocus considers Kyowa Kirin Co to be Modestly Undervalued.

Key valuation signals for KYKOF:

  • Cyclically Adjusted PB Ratio: 1.57 (25% below median its 10-year median of 2.08)
  • GF Value™: $17.76 vs. price of $14.43 (18.8% below fair value)
  • GF Score™: 82/100 with 1 warning sign
  • Industry Position: 13.7% below the Drug Manufacturers median (#372 of 759)

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


Kyowa Kirin Co Business Description

Address 1-9-2 Otemachi, Chiyoda-ku, Chiyoda-ku, Tokyo, JPN, 100-0004
Kyowa Kirin Co Ltd is engaged in research, development, manufacturing, sales, import and export of prescription pharmaceuticals. Its products include KHK4083/AMG 451, rocatinlimab; ziftomenib; OTL-203 KK8398, infigratinib; KHK4951, tivozanib; OTL-201; KK4277; KK2260; KK2269; KK2845; and KK8123.
82GF Score

Get the complete analysis for KYKOF

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

$14.43
Price
$17.76
GF Value