Kuze Co (TSE:2708) Cyclically Adjusted PB Ratio: 1.26 (As of Aug. 23, 2026) — 77% Above Median

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TSE:2708 Kuze Co Ltd TSE:2708
69 GF Score
Price 円1,888.00
GF Value 円2,113.10
Valuation Modestly Undervalued
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What is Kuze Co Cyclically Adjusted PB Ratio?

Kuze Co TSE:2708 +0.64% 69 Cyclically Adjusted PB Ratio is 1.26 as of Aug. 23, 2026, which is 77% above its 10-year median of 0.71. GuruFocus rates TSE:2708 with a GF Score™ of 69/100 and a GF Value™ of 円2,113.10 (Modestly Undervalued). Among 224 Retail - Defensive companies, Kuze Co ranks better than 62.05% on this metric.

As of today (2026-08-23), Kuze Co's current share price is 円1888.00. Kuze Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円1,497.78. Kuze Co's Cyclically Adjusted PB Ratio for today is 1.26.

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

TSE:2708' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.47   Med: 0.71   Max: 2.15
Current: 1.26

During the past years, Kuze Co's highest Cyclically Adjusted PB Ratio was 2.15. The lowest was 0.47. And the median was 0.71.

TSE:2708's Cyclically Adjusted PB Ratio is ranked better than
62.05% of 224 companies
in the Retail - Defensive industry
Industry Median: 1.62 vs TSE:2708: 1.26

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.

Kuze Co's adjusted book value per share data for the three months ended in Mar. 2026 was 円2,088.846. 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1,497.78 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kuze Co  (TSE:2708) 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.


Kuze Co Cyclically Adjusted PB Ratio Related Terms


Kuze Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Kuze 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.

Kuze Co Cyclically Adjusted PB Ratio Chart

Kuze Co 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 0.52 0.74 1.71 1.31 1.32

Kuze Co 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 1.31 1.11 1.32 1.46 1.32

TSE:2708 vs SYY, USFD, PFGC: Cyclically Adjusted PB Ratio Comparison

For the Food Distribution subindustry, Kuze 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.


Kuze Co Cyclically Adjusted PB Ratio vs Retail - Defensive Industry

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

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


TSE:2708
69GF Score
Kuze Co Ltd TSE:2708
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kuze 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1888.00/1497.78
=1.26

* 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.

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

For example, Kuze Co'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)
=2088.846/112.7000*112.7000
=2,088.846

Current CPI (Mar. 2026) = 112.7000.

Kuze Co Quarterly Data

Book Value per Share CPI Adj_Book
201603 1,290.780 97.900 1,485.913
201606 1,278.434 98.100 1,468.700
201609 1,293.670 98.000 1,487.721
201612 1,375.624 98.400 1,575.537
201703 1,423.399 98.100 1,635.240
201706 1,489.327 98.500 1,704.032
201709 1,547.420 98.800 1,765.124
201712 1,744.664 99.400 1,978.105
201803 1,627.128 99.200 1,848.562
201806 1,647.122 99.200 1,871.277
201809 1,630.640 99.900 1,839.571
201812 1,613.078 99.700 1,823.409
201903 1,657.390 99.700 1,873.499
201906 1,655.499 99.800 1,869.486
201909 1,681.978 100.100 1,893.696
201912 1,699.000 100.500 1,905.247
202003 1,441.502 100.300 1,619.714
202006 1,157.525 99.900 1,305.837
202009 1,055.120 99.900 1,190.311
202012 1,019.995 99.300 1,157.638
202103 944.610 99.900 1,065.641
202106 828.155 99.500 938.021
202109 763.848 100.100 859.997
202112 776.006 100.100 873.685
202203 750.338 101.100 836.430
202206 793.026 101.800 877.937
202209 825.647 103.100 902.526
202212 928.909 104.100 1,005.649
202303 960.441 104.400 1,036.798
202306 1,118.461 105.200 1,198.199
202309 1,272.806 106.200 1,350.708
202312 1,415.478 106.800 1,493.674
202403 1,440.770 107.200 1,514.690
202406 1,544.531 108.200 1,608.768
202409 1,565.932 108.900 1,620.574
202503 1,711.414 111.100 1,736.061
202506 1,747.946 111.700 1,763.595
202509 1,827.929 112.000 1,839.354
202512 2,006.917 113.000 2,001.589
202603 2,088.846 112.700 2,088.846

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 1.26 mean?
Kuze Co (TSE:2708) has a Cyclically Adjusted PB Ratio of 1.26 as of Aug. 23, 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 Kuze Co and its competitors. This is 77% above median its historical median of 0.71. Over the past decade, Kuze Co's Cyclically Adjusted PB Ratio has ranged from 0.47 to 2.15. According to the industry distribution chart, Kuze Co ranks #85 out of 224 companies in the Retail - Defensive industry, placing it in the top 37.9%.
Is Kuze Co's Cyclically Adjusted PB Ratio too high?
Kuze Co's current Cyclically Adjusted PB Ratio of 1.26 is 77% above median its 10-year median of 0.71. Over the past 10 years, this metric has ranged from a low of 0.47 to a high of 2.15. The Retail - Defensive industry median Cyclically Adjusted PB Ratio is 1.62. Kuze Co's value of 1.26 is 22.2% below this industry median. Based on the distribution chart, Kuze Co ranks #85 out of 224 companies in the Retail - Defensive industry, which is above the industry midpoint. Overall, Kuze Co has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Kuze Co's Cyclically Adjusted PB Ratio compare to SYY and USFD?
According to the Retail - Defensive industry distribution chart, Kuze Co ranks #85 out of 224 companies for Cyclically Adjusted PB Ratio. This puts Kuze Co in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.62. Kuze Co's value of 1.26 is 22.2% below this benchmark. Historically, Kuze Co's own Cyclically Adjusted PB Ratio has ranged from 0.47 to 2.15 over the past decade. While the company's 10-year median is 0.71 vs. the industry median of 1.62, Kuze 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 Retail - Defensive company?
The median Cyclically Adjusted PB Ratio among Retail - Defensive companies is 1.62, based on 224 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. Kuze Co's current Cyclically Adjusted PB Ratio of 1.26 is 22.2% 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 Kuze Co and its competitors. For the Retail - Defensive industry, the median Cyclically Adjusted PB Ratio is 1.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kuze Co's current Cyclically Adjusted PB Ratio is 1.26, which is 77% above median its own 10-year median of 0.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kuze Co stock overvalued right now?
Based on GuruFocus' analysis, Kuze Co (TSE:2708) is currently considered Modestly Undervalued. The stock's GF Value™ is 円2,113.10, compared to a current price of 円1,888.00 — trading 10.7% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.26, which is 77% above median its 10-year median of 0.71 and 22.2% below the Retail - Defensive industry median of 1.62. Kuze Co's overall GF Score™ is 69/100. 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 Kuze Co (TSE:2708), the current Cyclically Adjusted PB Ratio is 1.26 as of Aug. 23, 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 Kuze Co (TSE:2708) Overvalued in 2026?

Based on GuruFocus' analysis, Kuze Co stock appears to be undervalued. The current stock price of 円1,888.00 is trading 10.7% below its estimated GF Value™ of 円2,113.10. GuruFocus considers Kuze Co to be Modestly Undervalued.

Key valuation signals for TSE:2708:

  • Cyclically Adjusted PB Ratio: 1.26 (77% above median its 10-year median of 0.71)
  • GF Value™: 円2,113.10 vs. price of 円1,888.00 (10.7% below fair value)
  • GF Score™: 69/100
  • Industry Position: 22.2% below the Retail - Defensive median (#85 of 224)

No single metric tells the full story. See the TSE:2708 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kuze Co Business Description

Address 29-7, 2-Chome, Higashi Ikebukuro, Toshima-Ku, Tokyo, JPN
Kuze Co Ltd is a Japan-based company engages in the wholesale of food and related materials. It distributes its products to hotels, community centers, restaurants, pub restaurants, fast-food restaurants, catering, delicatessen, in-flight meal services. It is also engaged in the sale of imported food ingredients and catalog sale of food ingredients.
69GF Score

Get the complete analysis for TSE:2708

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

円1,888.00
Price
円2,113.10
GF Value