Kohsai Co (NGO:7878) Cyclically Adjusted PB Ratio: (As of Aug. 12, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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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.

NGO:7878 Kohsai Co Ltd NGO:7878
86 GF Score
Price 円1,345.00
GF Value 円1,581.86
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Kohsai Co Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kohsai Co  (NGO:7878) 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.


Kohsai Co Cyclically Adjusted PB Ratio Related Terms


Kohsai Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Kohsai 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.

Kohsai Co Cyclically Adjusted PB Ratio Chart

Kohsai Co Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.69 1.24 1.48 1.15 1.04

Kohsai Co Quarterly Data
Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 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 1.08 1.45 1.13 1.04 0.00

NGO:7878 vs TPR: Cyclically Adjusted PB Ratio Comparison

For the Luxury Goods subindustry, Kohsai 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.


Kohsai Co Cyclically Adjusted PB Ratio vs Retail - Cyclical Industry

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

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


NGO:7878
86GF Score
Kohsai Co Ltd NGO:7878
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kohsai 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.

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

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

Adj_Book=Book Value per Share/CPI of Jan. 2026 (Change)*Current CPI (Jan. 2026)
=1034.128/112.9000*112.9000
=1,034.128

Current CPI (Jan. 2026) = 112.9000.

Kohsai Co Quarterly Data

Book Value per Share CPI Adj_Book
201601 786.917 97.700 909.344
201604 772.403 98.100 888.933
201607 778.686 97.900 897.994
201610 778.722 98.600 891.660
201701 779.806 98.200 896.539
201704 757.814 98.500 868.601
201707 757.125 98.300 869.577
201710 747.641 98.800 854.339
201801 746.324 99.500 846.834
201804 746.287 99.100 850.210
201807 755.802 99.200 860.182
201810 769.471 100.200 866.999
201901 791.973 99.700 896.828
201904 794.313 100.000 896.779
201907 0.000 99.800 0.000
201910 819.389 100.400 921.405
202001 840.796 100.500 944.536
202004 828.987 100.200 934.058
202007 814.389 100.000 919.445
202010 832.931 99.800 942.264
202101 844.329 99.800 955.158
202104 862.285 99.100 982.361
202107 873.267 99.700 988.885
202110 868.379 99.900 981.381
202201 855.170 100.300 962.599
202204 862.201 101.500 959.039
202207 882.397 102.300 973.828
202210 880.844 103.700 958.990
202301 868.377 104.700 936.387
202304 865.752 105.100 930.004
202307 875.114 105.700 934.724
202310 901.882 107.100 950.723
202401 930.353 106.900 982.571
202404 945.177 107.700 990.812
202407 967.252 108.600 1,005.550
202501 972.872 111.200 987.745
202504 973.243 111.500 985.463
202507 991.230 111.900 1,000.088
202510 1,000.234 112.800 1,001.121
202601 1,034.128 112.900 1,034.128

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.

Is Kohsai Co (NGO:7878) Overvalued in 2026?

Based on GuruFocus' analysis, Kohsai Co stock appears to be undervalued. The current stock price of 円1,345.00 is trading 15% below its estimated GF Value™ of 円1,581.86. GuruFocus considers Kohsai Co to be Modestly Undervalued.

Key valuation signals for NGO:7878:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: 円1,581.86 vs. price of 円1,345.00 (15% below fair value)
  • GF Score™: 86/100 with 1 warning sign

No single metric tells the full story. See the NGO:7878 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kohsai Co Business Description

Other Exchanges 7878:Japan
Address 3049 Ryuji, Yamanashi prefecture, Kai-shi, JPN, 400-0194
Kohsai Co Ltd engages in the jewelry business. The company manufactures and sells of jewelry, metal accessories, and jewelry parts. It also provides property, casualty, and life insurance services. Its products include clasps, rings, pierce/catches, earrings, and pendants, men's cuff, rings and others.
86GF Score

Get the complete analysis for NGO:7878

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

円1,345.00
Price
円1,581.86
GF Value