Kawada Technologies (TSE:3443) Cyclically Adjusted PB Ratio: (As of Sep. 21, 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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
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:3443 Kawada Technologies Inc TSE:3443
73 GF Score
Price 円1,397.00
GF Value 円835.66
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Kawada Technologies Cyclically Adjusted PB Ratio?

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 0.43 0.40 0.97 0.74 1.06

Kawada Technologies Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 1.01 1.01 1.08 1.11 0.92

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
73GF 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 Book per Share for the quarter that ended in Jun. 2026 is calculated as:

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

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=1927.222/113.6000*113.6000
=1,927.222

Current CPI (Jun. 2026) = 113.6000.

Kawada Technologies Quarterly Data

Book Value per Share CPI Adj_Book
201609 758.710 98.000 879.484
201612 792.351 98.400 914.747
201703 842.962 98.100 976.152
201706 823.309 98.500 949.522
201709 839.820 98.800 965.623
201712 872.744 99.400 997.422
201803 934.938 99.200 1,070.655
201806 946.615 99.200 1,084.027
201809 971.336 99.900 1,104.542
201812 1,006.510 99.700 1,146.836
201903 1,047.991 99.700 1,194.100
201906 1,035.751 99.800 1,178.971
201909 1,067.300 100.100 1,211.242
201912 1,103.564 100.500 1,247.412
202003 1,146.307 100.300 1,298.310
202006 1,150.266 99.900 1,308.010
202009 1,146.971 99.900 1,304.263
202012 1,169.659 99.300 1,338.099
202103 1,263.077 99.900 1,436.292
202106 1,279.264 99.500 1,460.547
202109 1,324.332 100.100 1,502.938
202112 1,334.022 100.100 1,513.935
202203 1,353.847 101.100 1,521.237
202206 1,348.722 101.800 1,505.057
202209 1,371.269 103.100 1,510.923
202212 1,392.260 104.100 1,519.315
202303 1,449.811 104.400 1,577.572
202306 1,439.747 105.200 1,554.708
202309 1,510.005 106.200 1,615.222
202312 1,539.833 106.800 1,637.875
202403 1,593.803 107.200 1,688.955
202406 1,595.034 108.200 1,674.638
202409 1,653.501 108.900 1,724.864
202412 1,697.806 110.700 1,742.283
202503 1,755.774 111.100 1,795.283
202506 1,749.764 111.700 1,779.527
202509 1,778.570 112.000 1,803.978
202512 1,788.641 113.000 1,798.138
202603 1,902.016 112.700 1,917.205
202606 1,927.222 113.600 1,927.222

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 Kawada Technologies (TSE:3443) Overvalued in 2026?

Based on GuruFocus' analysis, Kawada Technologies stock appears to be overvalued. The current stock price of 円1,397.00 is trading 67.2% above its estimated GF Value™ of 円835.66. GuruFocus considers Kawada Technologies to be Significantly Overvalued.

Key valuation signals for TSE:3443:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: 円835.66 vs. price of 円1,397.00 (67.2% above fair value)
  • GF Score™: 73/100 with 2 warning signs

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.
73GF 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1,397.00
Price
円835.66
GF Value