KAITORI OKOKU Co (TSE:3181) Cyclically Adjusted PB Ratio: (As of Sep. 21, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
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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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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:3181 KAITORI OKOKU Co Ltd TSE:3181
68 GF Score
Price 円1,059.00
GF Value 円1,191.86
Valuation Modestly Undervalued
! 5 Warning Signs
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What is KAITORI OKOKU Co Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


KAITORI OKOKU Co  (TSE:3181) 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.


KAITORI OKOKU Co Cyclically Adjusted PB Ratio Related Terms


KAITORI OKOKU Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for KAITORI OKOKU 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.

KAITORI OKOKU Co Cyclically Adjusted PB Ratio Chart

KAITORI OKOKU Co Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.56 1.57 1.35 1.09 1.26

KAITORI OKOKU Co Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 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 1.27 1.45 1.37 1.29 1.41

TSE:3181 vs CASY, WSM, ULTA: Cyclically Adjusted PB Ratio Comparison

For the Specialty Retail subindustry, KAITORI OKOKU 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.


KAITORI OKOKU Co Cyclically Adjusted PB Ratio vs Retail - Cyclical Industry

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

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


TSE:3181
68GF Score
KAITORI OKOKU Co Ltd TSE:3181
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

KAITORI OKOKU 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.

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

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

Adj_Book=Book Value per Share/CPI of May. 2026 (Change)*Current CPI (May. 2026)
=959.69/113.5000*113.5000
=959.690

Current CPI (May. 2026) = 113.5000.

KAITORI OKOKU Co Quarterly Data

Book Value per Share CPI Adj_Book
201608 484.580 97.900 561.796
201611 496.518 98.600 571.550
201702 499.336 98.100 577.723
201705 505.052 98.600 581.373
201708 505.040 98.500 581.950
201711 518.210 99.100 593.510
201802 519.075 99.500 592.111
201805 521.417 99.300 595.980
201808 511.258 99.800 581.441
201811 514.143 100.000 583.552
201902 519.167 99.700 591.028
201905 525.547 100.000 596.496
201908 520.827 100.000 591.139
201911 529.047 100.500 597.481
202002 537.444 100.300 608.174
202005 539.156 100.100 611.331
202008 543.920 100.100 616.732
202011 553.105 99.500 630.929
202102 563.962 99.800 641.380
202105 573.531 99.400 654.887
202108 566.737 99.700 645.182
202111 579.861 100.100 657.485
202202 593.043 100.700 668.425
202205 610.371 101.800 680.522
202208 617.485 102.700 682.420
202211 639.189 103.900 698.248
202302 662.606 104.000 723.133
202305 680.262 105.100 734.631
202308 699.840 105.900 750.065
202311 727.356 106.900 772.263
202402 757.454 106.900 804.219
202405 777.890 108.100 816.749
202408 789.995 109.100 821.855
202411 813.021 110.000 838.890
202502 838.929 110.800 859.372
202505 858.376 111.800 871.428
202508 865.302 112.100 876.109
202511 889.102 113.200 891.458
202602 928.887 112.200 939.650
202605 959.690 113.500 959.690

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 KAITORI OKOKU Co (TSE:3181) Overvalued in 2026?

Based on GuruFocus' analysis, KAITORI OKOKU Co stock appears to be undervalued. The current stock price of 円1,059.00 is trading 11.1% below its estimated GF Value™ of 円1,191.86. GuruFocus considers KAITORI OKOKU Co to be Modestly Undervalued.

Key valuation signals for TSE:3181:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: 円1,191.86 vs. price of 円1,059.00 (11.1% below fair value)
  • GF Score™: 68/100 with 5 warning signs

No single metric tells the full story. See the TSE:3181 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


KAITORI OKOKU Co Business Description

Address 5-12 Kawanishidori, Minato-ku, Nagoya, JPN, 455-0073
KAITORI OKOKU Co Ltd sells used merchandise & secondhand products. It offers old clothing, fashion goods, hobby products, miscellaneous goods, trading cards, digital consumer electronics, CDs, DVDs, games, books, watches, jewelry products, precious metals, and apparel accessories.
68GF Score

Get the complete analysis for TSE:3181

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

円1,059.00
Price
円1,191.86
GF Value