Kawada Technologies (TSE:3443) Cyclically Adjusted PB Ratio: 0.96 (As of Aug. 04, 2026) — 32% Above Median

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TSE:3443 Kawada Technologies Inc TSE:3443
74 GF Score
Price 円1,297.00
GF Value 円848.49
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Kawada Technologies Cyclically Adjusted PB Ratio?

Kawada Technologies TSE:3443 +0.23% 74 Cyclically Adjusted PB Ratio is 0.96 as of Aug. 04, 2026, which is 32% above its 10-year median of 0.73. GuruFocus rates TSE:3443 with a GF Score™ of 74/100 and a GF Value™ of 円848.49 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,345 Construction companies, Kawada Technologies ranks better than 56.95% on this metric.

As of today (2026-08-04), Kawada Technologies's current share price is 円1297.00. Kawada Technologies's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円1,355.79. Kawada Technologies's Cyclically Adjusted PB Ratio for today is 0.96.

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

TSE:3443' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.37   Med: 0.73   Max: 1.41
Current: 0.95

During the past years, Kawada Technologies's highest Cyclically Adjusted PB Ratio was 1.41. The lowest was 0.37. And the median was 0.73.

TSE:3443's Cyclically Adjusted PB Ratio is ranked better than
56.95% of 1345 companies
in the Construction industry
Industry Median: 1.15 vs TSE:3443: 0.95

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.

Kawada Technologies's adjusted book value per share data for the three months ended in Mar. 2026 was 円1,891.395. 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1,355.79 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kawada Technologies  (TSE:3443) 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.


Kawada Technologies Cyclically Adjusted PB Ratio Related Terms


Kawada Technologies Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Kawada Technologies'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.

Kawada Technologies Cyclically Adjusted PB Ratio Chart

Kawada Technologies 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 0.46 0.43 1.03 0.78 1.12

Kawada Technologies Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 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 0.78 1.02 1.02 1.09 1.12

TSE:3443 vs PWR, FIX, EME: Cyclically Adjusted PB Ratio Comparison

For the Engineering & Construction subindustry, Kawada Technologies'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.


Kawada Technologies Cyclically Adjusted PB Ratio vs Construction Industry

For the Construction industry and Industrials sector, Kawada Technologies's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TSE:3443
74GF Score
Kawada Technologies Inc TSE:3443
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kawada Technologies 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.

Kawada Technologies's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1297.00/1355.79
=0.96

* 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.

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

For example, Kawada Technologies'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)
=1891.395/112.7000*112.7000
=1,891.395

Current CPI (Mar. 2026) = 112.7000.

Kawada Technologies Quarterly Data

Book Value per Share CPI Adj_Book
201606 716.186 98.100 822.774
201609 753.638 98.000 866.684
201612 786.623 98.400 900.939
201703 834.326 98.100 958.497
201706 815.299 98.500 932.834
201709 830.732 98.800 947.606
201712 863.286 99.400 978.796
201803 922.748 99.200 1,048.324
201806 927.296 99.200 1,053.491
201809 952.881 99.900 1,074.972
201812 987.372 99.700 1,116.117
201903 1,034.374 99.700 1,169.247
201906 1,016.491 99.800 1,147.881
201909 1,049.861 100.100 1,182.011
201912 1,085.400 100.500 1,217.160
202003 1,131.705 100.300 1,271.617
202006 1,135.978 99.900 1,281.529
202009 1,134.957 99.900 1,280.377
202012 1,157.267 99.300 1,313.434
202103 1,246.831 99.900 1,406.585
202106 1,264.845 99.500 1,432.644
202109 1,311.944 100.100 1,477.084
202112 1,320.733 100.100 1,486.979
202203 1,336.521 101.100 1,489.871
202206 1,322.404 101.800 1,463.997
202209 1,347.847 103.100 1,473.350
202212 1,373.197 104.100 1,486.641
202303 1,429.368 104.400 1,543.005
202306 1,418.847 105.200 1,520.001
202309 1,487.002 106.200 1,578.014
202312 1,515.509 106.800 1,599.231
202403 1,584.825 107.200 1,666.136
202406 1,586.257 108.200 1,652.229
202409 1,643.943 108.900 1,701.307
202412 1,687.611 110.700 1,718.101
202503 1,746.036 111.100 1,771.181
202506 1,740.456 111.700 1,756.038
202509 1,768.979 112.000 1,780.035
202512 1,778.326 113.000 1,773.605
202603 1,891.395 112.700 1,891.395

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 0.96 mean?
Kawada Technologies (TSE:3443) has a Cyclically Adjusted PB Ratio of 0.96 as of Aug. 04, 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 Kawada Technologies and its competitors. This is 32% above median its historical median of 0.73. Over the past decade, Kawada Technologies' Cyclically Adjusted PB Ratio has ranged from 0.37 to 1.41. According to the industry distribution chart, Kawada Technologies ranks #579 out of 1345 companies in the Construction industry, placing it in the top 43%.
Is Kawada Technologies' Cyclically Adjusted PB Ratio too high?
Kawada Technologies' current Cyclically Adjusted PB Ratio of 0.96 is 32% above median its 10-year median of 0.73. Over the past 10 years, this metric has ranged from a low of 0.37 to a high of 1.41. The Construction industry median Cyclically Adjusted PB Ratio is 1.15. Kawada Technologies' value of 0.96 is 16.5% below this industry median. Based on the distribution chart, Kawada Technologies ranks #579 out of 1345 companies in the Construction industry, which is above the industry midpoint. Overall, Kawada Technologies has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kawada Technologies' Cyclically Adjusted PB Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, Kawada Technologies ranks #579 out of 1345 companies for Cyclically Adjusted PB Ratio. This puts Kawada Technologies in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.15. Kawada Technologies' value of 0.96 is 16.5% below this benchmark. Historically, Kawada Technologies' own Cyclically Adjusted PB Ratio has ranged from 0.37 to 1.41 over the past decade. While the company's 10-year median is 0.73 vs. the industry median of 1.15, Kawada Technologies 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 Construction company?
The median Cyclically Adjusted PB Ratio among Construction companies is 1.15, based on 1,345 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. Kawada Technologies's current Cyclically Adjusted PB Ratio of 0.96 is 16.5% 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 Kawada Technologies and its competitors. For the Construction industry, the median Cyclically Adjusted PB Ratio is 1.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kawada Technologies's current Cyclically Adjusted PB Ratio is 0.96, which is 32% above median its own 10-year median of 0.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kawada Technologies stock overvalued right now?
Based on GuruFocus' analysis, Kawada Technologies (TSE:3443) is currently considered Significantly Overvalued. The stock's GF Value™ is 円848.49, compared to a current price of 円1,297.00 — trading 52.9% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.96, which is 32% above median its 10-year median of 0.73 and 16.5% below the Construction industry median of 1.15. Kawada Technologies' overall GF Score™ is 74/100 with 2 warning signs 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 Kawada Technologies (TSE:3443), the current Cyclically Adjusted PB Ratio is 0.96 as of Aug. 04, 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 Kawada Technologies (TSE:3443) Overvalued in 2026?

Based on GuruFocus' analysis, Kawada Technologies stock appears to be overvalued. The current stock price of 円1,297.00 is trading 52.9% above its estimated GF Value™ of 円848.49. GuruFocus considers Kawada Technologies to be Significantly Overvalued.

Key valuation signals for TSE:3443:

  • Cyclically Adjusted PB Ratio: 0.96 (32% above median its 10-year median of 0.73)
  • GF Value™: 円848.49 vs. price of 円1,297.00 (52.9% above fair value)
  • GF Score™: 74/100 with 2 warning signs
  • Industry Position: 16.5% below the Construction median (#579 of 1345)

No single metric tells the full story. See the TSE:3443 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kawada Technologies Business Description

Address 1-3-11 Takinogawa, Kita-ku, Tokyo, JPN, 114-8563
Kawada Technologies Inc is a construction company. The company is involved in the design, manufacture, erection and installation of construction steel, the general architecture and system architecture, management of the group companies engaged in civil engineering and construction-related software development, such as business planning and management.
74GF Score

Get the complete analysis for TSE:3443

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

円1,297.00
Price
円848.49
GF Value