Kikukawa Enterprise (NGO:6346) Cyclically Adjusted PB Ratio: 13.44 (As of Aug. 07, 2026) — 2258% Above Median

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NGO:6346 Kikukawa Enterprise Inc NGO:6346
69 GF Score
Price 円5,960.00
GF Value 円4,107.28
! 4 Warning Signs
View Full Analysis

What is Kikukawa Enterprise Cyclically Adjusted PB Ratio?

Kikukawa Enterprise NGO:6346 69 Cyclically Adjusted PB Ratio is 13.44 as of Aug. 07, 2026, which is 2258% above its 10-year median of 0.57. GuruFocus rates NGO:6346 with a GF Score™ of 69/100 and a GF Value™ of 円4,107.28. The stock has 4 warning signs investors should review. Among 2,252 Industrial Products companies, Kikukawa Enterprise ranks better than 85.61% on this metric.

As of today (2026-08-07), Kikukawa Enterprise's current share price is 円5960.00. Kikukawa Enterprise's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円443.44. Kikukawa Enterprise's Cyclically Adjusted PB Ratio for today is 13.44.

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

NGO:6346' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.47   Med: 0.57   Max: 1.63
Current: 0.61

During the past years, Kikukawa Enterprise's highest Cyclically Adjusted PB Ratio was 1.63. The lowest was 0.47. And the median was 0.57.

NGO:6346's Cyclically Adjusted PB Ratio is ranked better than
85.61% of 2252 companies
in the Industrial Products industry
Industry Median: 2.07 vs NGO:6346: 0.61

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.

Kikukawa Enterprise's adjusted book value per share data for the three months ended in Mar. 2026 was 円10,652.628. 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 円443.44 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kikukawa Enterprise  (NGO:6346) 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.


Kikukawa Enterprise Cyclically Adjusted PB Ratio Related Terms


Kikukawa Enterprise Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Kikukawa Enterprise'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.

Kikukawa Enterprise Cyclically Adjusted PB Ratio Chart

Kikukawa Enterprise 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 0.57 0.48 0.57 0.66 0.68

Kikukawa Enterprise Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 0.66 0.00 0.00 0.00 0.68

NGO:6346 vs GEV, ETN, PH: Cyclically Adjusted PB Ratio Comparison

For the Specialty Industrial Machinery subindustry, Kikukawa Enterprise'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.


Kikukawa Enterprise Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Kikukawa Enterprise's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


NGO:6346
69GF Score
Kikukawa Enterprise Inc NGO:6346
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kikukawa Enterprise 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.

Kikukawa Enterprise's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=5960.00/443.44
=13.44

* 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.

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

For example, Kikukawa Enterprise'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)
=10652.628/112.7000*112.7000
=10,652.628

Current CPI (Mar. 2026) = 112.7000.

Kikukawa Enterprise Quarterly Data

Book Value per Share CPI Adj_Book
201603 6,298.033 97.900 7,250.136
201606 6,254.604 98.100 7,185.462
201609 6,309.939 98.000 7,256.430
201612 6,573.974 98.400 7,529.338
201703 6,665.275 98.100 7,657.253
201706 6,604.013 98.500 7,556.064
201709 6,625.244 98.800 7,557.338
201712 6,894.859 99.400 7,817.411
201803 7,074.156 99.200 8,036.869
201806 7,149.145 99.200 8,122.063
201809 7,782.799 99.900 8,779.994
201812 7,896.311 99.700 8,925.920
201903 8,131.813 99.700 9,192.130
201906 8,036.730 99.800 9,075.546
201909 8,075.617 100.100 9,092.128
201912 8,193.464 100.500 9,188.093
202003 8,275.522 100.300 9,298.617
202006 8,222.115 99.900 9,275.599
202009 8,252.051 99.900 9,309.371
202012 8,424.590 99.300 9,561.443
202103 8,741.550 99.900 9,861.588
202106 8,619.865 99.500 9,763.405
202109 8,708.713 100.100 9,804.915
202112 8,767.455 100.100 9,871.051
202203 8,820.297 101.100 9,832.319
202206 8,772.486 101.800 9,711.780
202209 8,853.198 103.100 9,677.550
202212 8,825.119 104.100 9,554.187
202303 9,145.260 104.400 9,872.326
202306 9,063.226 105.200 9,709.369
202309 9,158.412 106.200 9,718.955
202312 9,217.947 106.800 9,727.178
202403 9,699.749 107.200 10,197.404
202406 9,600.438 108.200 9,999.717
202409 9,658.617 108.900 9,995.649
202503 10,128.970 111.100 10,274.842
202506 10,068.389 111.700 10,158.527
202509 10,317.133 112.000 10,381.615
202512 10,462.233 113.000 10,434.457
202603 10,652.628 112.700 10,652.628

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 13.44 mean?
Kikukawa Enterprise (NGO:6346) has a Cyclically Adjusted PB Ratio of 13.44 as of Aug. 07, 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 Kikukawa Enterprise and its competitors. This is 2258% above median its historical median of 0.57. Over the past decade, Kikukawa Enterprise's Cyclically Adjusted PB Ratio has ranged from 0.47 to 1.63. According to the industry distribution chart, Kikukawa Enterprise ranks #324 out of 2252 companies in the Industrial Products industry, placing it in the top 14.4%.
Is Kikukawa Enterprise's Cyclically Adjusted PB Ratio too high?
Kikukawa Enterprise's current Cyclically Adjusted PB Ratio of 13.44 is 2258% above median its 10-year median of 0.57. Over the past 10 years, this metric has ranged from a low of 0.47 to a high of 1.63. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.07. Kikukawa Enterprise's value of 13.44 is 549.3% above this industry median. Based on the distribution chart, Kikukawa Enterprise ranks #324 out of 2252 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Kikukawa Enterprise has a GF Score™ of 69/100, reflecting its overall financial health beyond just this single metric.
How does Kikukawa Enterprise's Cyclically Adjusted PB Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Kikukawa Enterprise ranks #324 out of 2252 companies for Cyclically Adjusted PB Ratio. This places Kikukawa Enterprise in the top 14% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 2.07. Kikukawa Enterprise's value of 13.44 is 549.3% above this benchmark. Historically, Kikukawa Enterprise's own Cyclically Adjusted PB Ratio has ranged from 0.47 to 1.63 over the past decade. While the company's 10-year median is 0.57 vs. the industry median of 2.07, Kikukawa Enterprise 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 an Industrial Products company?
The median Cyclically Adjusted PB Ratio among Industrial Products companies is 2.07, based on 2,252 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. Kikukawa Enterprise's current Cyclically Adjusted PB Ratio of 13.44 is 549.3% 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 Kikukawa Enterprise and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kikukawa Enterprise's current Cyclically Adjusted PB Ratio is 13.44, which is 2258% above median its own 10-year median of 0.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kikukawa Enterprise stock overvalued right now?
Kikukawa Enterprise (NGO:6346) has a current Cyclically Adjusted PB Ratio of 13.44. The stock's GF Value™ is 円4,107.28, compared to a current price of 円5,960.00 — trading 45.1% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 13.44, which is 2258% above median its 10-year median of 0.57 and 549.3% above the Industrial Products industry median of 2.07. Kikukawa Enterprise's overall GF Score™ is 69/100 with 4 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 Kikukawa Enterprise (NGO:6346), the current Cyclically Adjusted PB Ratio is 13.44 as of Aug. 07, 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 Kikukawa Enterprise (NGO:6346) Overvalued in 2026?

Based on GuruFocus' analysis, Kikukawa Enterprise stock appears to be overvalued. The current stock price of 円5,960.00 is trading 45.1% above its estimated GF Value™ of 円4,107.28.

Key valuation signals for NGO:6346:

  • Cyclically Adjusted PB Ratio: 13.44 (2258% above median its 10-year median of 0.57)
  • GF Value™: 円4,107.28 vs. price of 円5,960.00 (45.1% above fair value)
  • GF Score™: 69/100 with 4 warning signs
  • Industry Position: 549.3% above the Industrial Products median (#324 of 2252)

No single metric tells the full story. See the NGO:6346 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kikukawa Enterprise Business Description

Other Exchanges 6346:Japan
Address 3477-36 Asama-cho, Mie Prefecture, Ise, JPN
Kikukawa Enterprise Inc is a Japan-based company engages in the manufacture and sale of woodworking equipment and machine tools. Its products include sawmilling machinery, machine tools for processing iron and non-ferrous metals, and machines for fabricating synthetic resin products.
69GF Score

Get the complete analysis for NGO:6346

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

円5,960.00
Price
円4,107.28
GF Value