K&O Energy Group (TSE:1663) Cyclically Adjusted PB Ratio: 1.15 (As of Aug. 20, 2026) — Near Median

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TSE:1663 K&O Energy Group Inc TSE:1663
67 GF Score
Price 円1,928.00
GF Value 円1,598.26
Valuation Modestly Overvalued
! 1 Warning Sign
View Full Analysis

What is K&O Energy Group Cyclically Adjusted PB Ratio?

K&O Energy Group TSE:1663 +0.94% 67 Cyclically Adjusted PB Ratio is 1.15 as of Aug. 20, 2026, which is 6% above its 10-year median of 1.08. GuruFocus rates TSE:1663 with a GF Score™ of 67/100 and a GF Value™ of 円1,598.26 (Modestly Overvalued). The stock has 1 warning sign investors should review. Among 427 Utilities - Regulated companies, K&O Energy Group ranks better than 63.23% on this metric.

As of today (2026-08-20), K&O Energy Group's current share price is 円1928.00. K&O Energy Group's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was 円1,680.50. K&O Energy Group's Cyclically Adjusted PB Ratio for today is 1.15.

The historical rank and industry rank for K&O Energy Group's Cyclically Adjusted PB Ratio or its related term are showing as below:

TSE:1663' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.76   Med: 1.08   Max: 1.68
Current: 1.15

During the past years, K&O Energy Group's highest Cyclically Adjusted PB Ratio was 1.68. The lowest was 0.76. And the median was 1.08.

TSE:1663's Cyclically Adjusted PB Ratio is ranked better than
63.23% of 427 companies
in the Utilities - Regulated industry
Industry Median: 1.52 vs TSE:1663: 1.15

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.

K&O Energy Group's adjusted book value per share data for the three months ended in Jun. 2026 was 円2,065.722. 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1,680.50 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


K&O Energy Group  (TSE:1663) 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.


K&O Energy Group Cyclically Adjusted PB Ratio Related Terms


K&O Energy Group Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for K&O Energy Group'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.

K&O Energy Group Cyclically Adjusted PB Ratio Chart

K&O Energy Group 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 0.00 0.00 0.76 1.21 1.16

K&O Energy Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 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 1.00 1.16 1.66 1.13

TSE:1663 vs ATO, NI: Cyclically Adjusted PB Ratio Comparison

For the Utilities - Regulated Gas subindustry, K&O Energy Group'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.


K&O Energy Group Cyclically Adjusted PB Ratio vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, K&O Energy Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where K&O Energy Group's Cyclically Adjusted PB Ratio falls into.


TSE:1663
67GF Score
K&O Energy Group Inc TSE:1663
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

K&O Energy Group 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.

K&O Energy Group's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1928.00/1680.50
=1.15

* 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.

K&O Energy Group's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, K&O Energy Group's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=2065.722/113.6000*113.6000
=2,065.722

Current CPI (Jun. 2026) = 113.6000.

K&O Energy Group Quarterly Data

Book Value per Share CPI Adj_Book
201606 1,259.325 98.100 1,458.301
201609 1,257.536 98.000 1,457.715
201612 1,265.587 98.400 1,461.084
201703 1,278.477 98.100 1,480.479
201706 1,293.174 98.500 1,491.417
201709 1,290.873 98.800 1,484.243
201712 1,302.740 99.400 1,488.846
201803 1,314.404 99.200 1,505.205
201806 1,324.644 99.200 1,516.931
201809 1,324.017 99.900 1,505.589
201812 1,350.140 99.700 1,538.374
201903 1,369.770 99.700 1,560.741
201906 1,377.334 99.800 1,567.787
201909 1,381.614 100.100 1,567.946
201912 1,389.318 100.500 1,570.413
202003 1,405.129 100.300 1,591.452
202006 1,424.482 99.900 1,619.831
202009 1,429.363 99.900 1,625.382
202012 1,437.049 99.300 1,643.996
202103 1,462.173 99.900 1,662.691
202106 1,470.403 99.500 1,678.772
202109 1,473.737 100.100 1,672.493
202112 1,479.588 100.100 1,679.133
202203 1,517.287 101.100 1,704.884
202206 1,540.871 101.800 1,719.479
202209 1,551.881 103.100 1,709.929
202212 1,584.176 104.100 1,728.745
202303 1,607.203 104.400 1,748.834
202306 1,643.126 105.200 1,774.326
202309 1,667.882 106.200 1,784.100
202312 1,696.506 106.800 1,804.523
202403 1,729.910 107.200 1,833.188
202406 1,773.780 108.200 1,862.305
202412 1,808.611 110.700 1,855.991
202503 1,859.243 111.100 1,901.080
202506 1,900.126 111.700 1,932.447
202509 1,925.605 112.000 1,953.114
202512 1,974.957 113.000 1,985.443
202603 2,010.823 112.700 2,026.881
202606 2,065.722 113.600 2,065.722

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 1.15 mean?
K&O Energy Group (TSE:1663) has a Cyclically Adjusted PB Ratio of 1.15 as of Aug. 20, 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 K&O Energy Group and its competitors. This is near median its historical median of 1.08. Over the past decade, K&O Energy Group's Cyclically Adjusted PB Ratio has ranged from 0.76 to 1.68. According to the industry distribution chart, K&O Energy Group ranks #157 out of 427 companies in the Utilities - Regulated industry, placing it in the top 36.8%.
Is K&O Energy Group's Cyclically Adjusted PB Ratio too high?
K&O Energy Group's current Cyclically Adjusted PB Ratio of 1.15 is near median its 10-year median of 1.08. Over the past 10 years, this metric has ranged from a low of 0.76 to a high of 1.68. The Utilities - Regulated industry median Cyclically Adjusted PB Ratio is 1.52. K&O Energy Group's value of 1.15 is 24.3% below this industry median. Based on the distribution chart, K&O Energy Group ranks #157 out of 427 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, K&O Energy Group has a GF Score™ of 67/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does K&O Energy Group's Cyclically Adjusted PB Ratio compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, K&O Energy Group ranks #157 out of 427 companies for Cyclically Adjusted PB Ratio. This puts K&O Energy Group in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.52. K&O Energy Group's value of 1.15 is 24.3% below this benchmark. Historically, K&O Energy Group's own Cyclically Adjusted PB Ratio has ranged from 0.76 to 1.68 over the past decade. While the company's 10-year median is 1.08 vs. the industry median of 1.52, K&O Energy Group 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 an Utilities - Regulated company?
The median Cyclically Adjusted PB Ratio among Utilities - Regulated companies is 1.52, based on 427 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. K&O Energy Group's current Cyclically Adjusted PB Ratio of 1.15 is 24.3% 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 K&O Energy Group and its competitors. For the Utilities - Regulated industry, the median Cyclically Adjusted PB Ratio is 1.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. K&O Energy Group's current Cyclically Adjusted PB Ratio is 1.15, which is near median its own 10-year median of 1.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is K&O Energy Group stock overvalued right now?
Based on GuruFocus' analysis, K&O Energy Group (TSE:1663) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,598.26, compared to a current price of 円1,928.00 — trading 20.6% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.15, which is near median its 10-year median of 1.08 and 24.3% below the Utilities - Regulated industry median of 1.52. K&O Energy Group's overall GF Score™ is 67/100 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 K&O Energy Group (TSE:1663), the current Cyclically Adjusted PB Ratio is 1.15 as of Aug. 20, 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 K&O Energy Group (TSE:1663) Overvalued in 2026?

Based on GuruFocus' analysis, K&O Energy Group stock appears to be overvalued. The current stock price of 円1,928.00 is trading 20.6% above its estimated GF Value™ of 円1,598.26. GuruFocus considers K&O Energy Group to be Modestly Overvalued.

Key valuation signals for TSE:1663:

  • Cyclically Adjusted PB Ratio: 1.15 (near median its 10-year median of 1.08)
  • GF Value™: 円1,598.26 vs. price of 円1,928.00 (20.6% above fair value)
  • GF Score™: 67/100 with 1 warning sign
  • Industry Position: 24.3% below the Utilities - Regulated median (#157 of 427)

No single metric tells the full story. See the TSE:1663 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


K&O Energy Group Business Description

Address 2-1-1 Nihonbashi-Muromachi, Chuo-ku, Tokyo, JPN, 103-0022
K&O Energy Group Inc through its subsidiaries is engaged in gas business and iodine business in Japan.
67GF Score

Get the complete analysis for TSE:1663

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

円1,928.00
Price
円1,598.26
GF Value