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Kirin Holdings Co (TSE:2503) Cyclically Adjusted PB Ratio : 1.72 (As of Jun. 28, 2025)


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What is Kirin Holdings Co Cyclically Adjusted PB Ratio?

As of today (2025-06-28), Kirin Holdings Co's current share price is 円2006.00. Kirin Holdings Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was 円1,166.58. Kirin Holdings Co's Cyclically Adjusted PB Ratio for today is 1.72.

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

TSE:2503' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.44   Med: 2.02   Max: 3.1
Current: 1.72

During the past years, Kirin Holdings Co's highest Cyclically Adjusted PB Ratio was 3.10. The lowest was 1.44. And the median was 2.02.

TSE:2503's Cyclically Adjusted PB Ratio is ranked better than
50.92% of 163 companies
in the Beverages - Alcoholic industry
Industry Median: 1.76 vs TSE:2503: 1.72

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.

Kirin Holdings Co's adjusted book value per share data for the three months ended in Mar. 2025 was 円1,364.246. 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1,166.58 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kirin Holdings Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Kirin Holdings 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.

* Premium members only.

Kirin Holdings Co Cyclically Adjusted PB Ratio Chart

Kirin Holdings Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.44 1.83 1.89 1.88 1.77

Kirin Holdings Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 1.90 1.85 1.93 1.77 1.78

Competitive Comparison of Kirin Holdings Co's Cyclically Adjusted PB Ratio

For the Beverages - Brewers subindustry, Kirin Holdings 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.


Kirin Holdings Co's Cyclically Adjusted PB Ratio Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Kirin Holdings Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Kirin Holdings 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2006.00/1166.58
=1.72

* 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.

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

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

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=1364.246/111.1000*111.1000
=1,364.246

Current CPI (Mar. 2025) = 111.1000.

Kirin Holdings Co Quarterly Data

Book Value per Share CPI Adj_Book
201506 977.840 98.400 1,104.045
201509 914.692 98.500 1,031.698
201512 727.945 98.100 824.411
201603 710.802 97.900 806.640
201606 686.226 98.100 777.163
201609 654.533 98.000 742.027
201612 773.821 98.400 873.694
201703 791.633 98.100 896.538
201706 945.126 98.500 1,066.025
201709 978.008 98.800 1,099.764
201712 1,037.865 99.400 1,160.028
201803 1,042.739 99.200 1,167.826
201806 1,044.048 99.200 1,169.292
201809 1,044.077 99.900 1,161.131
201812 1,032.550 99.700 1,150.615
201903 969.969 99.700 1,080.878
201906 1,012.062 99.800 1,126.654
201909 1,002.382 100.100 1,112.534
201912 1,043.566 100.500 1,153.634
202003 930.188 100.300 1,030.348
202006 969.810 99.900 1,078.537
202009 991.209 99.900 1,102.336
202012 1,005.961 99.300 1,125.501
202103 1,039.113 99.900 1,155.610
202106 1,046.507 99.500 1,168.512
202109 1,034.216 100.100 1,147.866
202112 1,072.690 100.100 1,190.568
202203 1,122.732 101.100 1,233.784
202206 1,192.554 101.800 1,301.500
202209 1,270.326 103.100 1,368.896
202212 1,207.230 104.100 1,288.408
202303 1,197.255 104.400 1,274.090
202306 1,305.045 105.200 1,378.237
202309 1,370.562 106.200 1,433.799
202312 1,398.466 106.800 1,454.771
202403 1,435.479 107.200 1,487.703
202406 1,593.094 108.200 1,635.792
202409 1,445.040 108.900 1,474.233
202412 1,458.684 110.700 1,463.955
202503 1,364.246 111.100 1,364.246

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.


Kirin Holdings Co  (TSE:2503) 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.


Kirin Holdings Co Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Kirin Holdings Co's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Kirin Holdings Co Business Description

Traded in Other Exchanges
Address
Nakano Central Park South, 10-2, Nakano 4-chome, Nakano-ku, Tokyo, JPN, 164-0001
Kirin is the second-largest brewer in Japan with a 28% market share. It holds a top share in the happoshu (low-malt beer) and new genre (no-malt beer) categories. Apart from beer, it also operates a wide range of alcoholic and soft beverage products in Japan. It has made several acquisitions, including Lion Nathan and National Foods in Australia, the second-largest Brazilian brewer Schincariol and Myanmar's biggest brewer over the past decade. It sold the businesses in Brazil and Myanmar in 2017 and 2023, respectively. In 2023, the company made a tender offer to bring Fancl on as a wholly owned subsidiary. Its revenue accounts for roughly 5% of Kirin's total sales. Its overseas business, which includes alcoholic and nonalcoholic beverages, represents about 40% of the group's sales.

Kirin Holdings Co Headlines

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