Kawasaki (TSE:3045) Cyclically Adjusted PB Ratio: (As of Aug. 07, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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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.

TSE:3045 Kawasaki & Co Ltd TSE:3045
75 GF Score
Price 円1,480.00
GF Value 円1,590.91
Valuation Fairly Valued
! 5 Warning Signs
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What is Kawasaki Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Kawasaki  (TSE:3045) 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.


Kawasaki Cyclically Adjusted PB Ratio Related Terms


Kawasaki Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Kawasaki'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.

Kawasaki Cyclically Adjusted PB Ratio Chart

Kawasaki Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.77 0.71 0.64 0.59 0.63

Kawasaki Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 0.00 0.63 0.00 0.00 0.00

TSE:3045 vs RL, LEVI, VFC: Cyclically Adjusted PB Ratio Comparison

For the Apparel Manufacturing subindustry, Kawasaki'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.


Kawasaki Cyclically Adjusted PB Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Kawasaki's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TSE:3045
75GF Score
Kawasaki & Co Ltd TSE:3045
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Kawasaki 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.

Kawasaki's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2026 is calculated as:

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

Adj_Book=Book Value per Share/CPI of Feb. 2026 (Change)*Current CPI (Feb. 2026)
=2758.762/112.2000*112.2000
=2,758.762

Current CPI (Feb. 2026) = 112.2000.

Kawasaki Quarterly Data

Book Value per Share CPI Adj_Book
201602 1,630.416 97.800 1,870.477
201605 1,631.406 98.200 1,863.989
201608 1,729.008 97.900 1,981.560
201611 1,739.762 98.600 1,979.729
201702 1,754.665 98.100 2,006.865
201705 1,777.419 98.600 2,022.580
201708 1,776.614 98.500 2,023.717
201711 1,790.081 99.100 2,026.711
201802 1,800.383 99.500 2,030.181
201805 1,811.403 99.300 2,046.721
201808 1,822.714 99.800 2,049.183
201811 1,826.578 100.000 2,049.421
201902 1,868.621 99.700 2,102.901
201905 1,880.576 100.000 2,110.006
201908 1,909.885 100.000 2,142.891
201911 1,932.628 100.500 2,157.621
202002 1,959.089 100.300 2,191.523
202005 1,972.555 100.100 2,210.996
202008 1,936.692 100.100 2,170.798
202011 2,009.503 99.500 2,265.992
202102 2,107.698 99.800 2,369.576
202105 2,115.356 99.400 2,387.756
202108 2,132.918 99.700 2,400.335
202111 2,151.774 100.100 2,411.879
202202 2,172.139 100.700 2,420.199
202205 2,444.761 101.800 2,694.520
202208 2,446.781 102.700 2,673.114
202211 2,440.626 103.900 2,635.594
202302 2,452.292 104.000 2,645.646
202305 2,465.826 105.100 2,632.404
202308 2,492.241 105.900 2,640.505
202311 2,506.975 106.900 2,631.268
202402 2,535.085 106.900 2,660.772
202405 2,551.074 108.100 2,647.831
202408 2,584.796 109.100 2,658.241
202502 2,635.495 110.800 2,668.795
202505 2,655.459 111.800 2,664.960
202508 2,698.317 112.100 2,700.724
202511 2,715.835 113.200 2,691.844
202602 2,758.762 112.200 2,758.762

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 Kawasaki (TSE:3045) Overvalued in 2026?

Based on GuruFocus' analysis, Kawasaki stock appears to be undervalued. The current stock price of 円1,480.00 is trading 7% below its estimated GF Value™ of 円1,590.91. GuruFocus considers Kawasaki to be Fairly Valued.

Key valuation signals for TSE:3045:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: 円1,590.91 vs. price of 円1,480.00 (7% below fair value)
  • GF Score™: 75/100 with 5 warning signs

No single metric tells the full story. See the TSE:3045 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kawasaki Business Description

Address Senboku-gun Chutoseoka cho Shinhahama 2 - chome 9 - 10, Osaka Prefecture, Tadaoka, JPN
Kawasaki & Co Ltd is engaged in the manufacturing and selling of clothing products. Its products include towels, handkerchiefs, bags, pouches, fashion accessories, and interior items, such as toiletries and bath products. It also has warehouse business, photovoltaic power generation business and Other business.
75GF Score

Get the complete analysis for TSE:3045

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

円1,480.00
Price
円1,590.91
GF Value