Kasumigaseki Capital Co (TSE:3498) Cyclically Adjusted PB Ratio: 13.67 (As of Aug. 10, 2026) — 14% Below Median

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TSE:3498 Kasumigaseki Capital Co Ltd TSE:3498
80 GF Score
Price 円7,760.00
GF Value 円12,184.09
Valuation Significantly Undervalued
! 2 Warning Signs
View Full Analysis

What is Kasumigaseki Capital Co Cyclically Adjusted PB Ratio?

Kasumigaseki Capital Co TSE:3498 -2.39% 80 Cyclically Adjusted PB Ratio is 13.67 as of Aug. 10, 2026, which is 14% below its 10-year median of 15.86. GuruFocus rates TSE:3498 with a GF Score™ of 80/100 and a GF Value™ of 円12,184.09 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 461 Conglomerates companies, Kasumigaseki Capital Co ranks worse than 96.53% on this metric.

As of today (2026-08-10), Kasumigaseki Capital Co's current share price is 円7760.00. Kasumigaseki Capital Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Aug25 was 円567.58. Kasumigaseki Capital Co's Cyclically Adjusted PB Ratio for today is 13.67.

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

TSE:3498' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 13.67   Med: 15.86   Max: 17.64
Current: 13.67

During the past 10 years, Kasumigaseki Capital Co's highest Cyclically Adjusted PB Ratio was 17.64. The lowest was 13.67. And the median was 15.86.

TSE:3498's Cyclically Adjusted PB Ratio is ranked worse than
96.53% of 461 companies
in the Conglomerates industry
Industry Median: 1.02 vs TSE:3498: 13.67

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.

Kasumigaseki Capital Co's adjusted book value per share data of for the fiscal year that ended in Aug25 was 円1,852.041. 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567.58 for the trailing ten years ended in Aug25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kasumigaseki Capital Co  (TSE:3498) 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.


Kasumigaseki Capital Co Cyclically Adjusted PB Ratio Related Terms


Kasumigaseki Capital Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Kasumigaseki Capital 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.

Kasumigaseki Capital Co Cyclically Adjusted PB Ratio Chart

Kasumigaseki Capital Co 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 0.00 0.00 0.00 0.00 16.31

Kasumigaseki Capital 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 0.00 16.31 0.00 0.00 0.00

TSE:3498 vs MMM, HON: Cyclically Adjusted PB Ratio Comparison

For the Conglomerates subindustry, Kasumigaseki Capital 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.


Kasumigaseki Capital Co Cyclically Adjusted PB Ratio vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Kasumigaseki Capital Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TSE:3498
80GF Score
Kasumigaseki Capital Co Ltd TSE:3498
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kasumigaseki Capital 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=7760.00/567.58
=13.67

* 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.

Kasumigaseki Capital Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Aug25 is calculated as:

For example, Kasumigaseki Capital Co's adjusted Book Value per Share data for the fiscal year that ended in Aug25 was:

Adj_Book=Book Value per Share/CPI of Aug25 (Change)*Current CPI (Aug25)
=1852.041/112.1000*112.1000
=1,852.041

Current CPI (Aug25) = 112.1000.

Kasumigaseki Capital Co Annual Data

Book Value per Share CPI Adj_Book
201608 20.230 97.900 23.164
201708 42.982 98.500 48.917
201808 66.519 99.800 74.717
201908 141.252 100.000 158.343
202008 305.615 100.100 342.252
202108 366.252 99.700 411.804
202208 576.359 102.700 629.112
202308 683.939 105.900 723.981
202408 1,373.685 109.100 1,411.458
202508 1,852.041 112.100 1,852.041

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 13.67 mean?
Kasumigaseki Capital Co (TSE:3498) has a Cyclically Adjusted PB Ratio of 13.67 as of Aug. 10, 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 Kasumigaseki Capital Co and its competitors. This is 14% below median its historical median of 15.86. Over the past decade, Kasumigaseki Capital Co's Cyclically Adjusted PB Ratio has ranged from 13.67 to 17.64. According to the industry distribution chart, Kasumigaseki Capital Co ranks #445 out of 461 companies in the Conglomerates industry, placing it in the top 96.5%.
Is Kasumigaseki Capital Co's Cyclically Adjusted PB Ratio too high?
Kasumigaseki Capital Co's current Cyclically Adjusted PB Ratio of 13.67 is 14% below median its 10-year median of 15.86. Over the past 10 years, this metric has ranged from a low of 13.67 to a high of 17.64. The Conglomerates industry median Cyclically Adjusted PB Ratio is 1.02. Kasumigaseki Capital Co's value of 13.67 is 1240.2% above this industry median. Based on the distribution chart, Kasumigaseki Capital Co ranks #445 out of 461 companies in the Conglomerates industry, which is in the bottom quartile relative to peers. Overall, Kasumigaseki Capital Co has a GF Score™ of 80/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Kasumigaseki Capital Co's Cyclically Adjusted PB Ratio compare to MMM and HON?
According to the Conglomerates industry distribution chart, Kasumigaseki Capital Co ranks #445 out of 461 companies for Cyclically Adjusted PB Ratio. This places Kasumigaseki Capital Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.02. Kasumigaseki Capital Co's value of 13.67 is 1240.2% above this benchmark. Historically, Kasumigaseki Capital Co's own Cyclically Adjusted PB Ratio has ranged from 13.67 to 17.64 over the past decade. While the company's 10-year median is 15.86 vs. the industry median of 1.02, Kasumigaseki Capital Co has consistently been above 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 Conglomerates company?
The median Cyclically Adjusted PB Ratio among Conglomerates companies is 1.02, based on 461 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. Kasumigaseki Capital Co's current Cyclically Adjusted PB Ratio of 13.67 is 1240.2% above 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 Kasumigaseki Capital Co and its competitors. For the Conglomerates industry, the median Cyclically Adjusted PB Ratio is 1.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kasumigaseki Capital Co's current Cyclically Adjusted PB Ratio is 13.67, which is 14% below median its own 10-year median of 15.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kasumigaseki Capital Co stock overvalued right now?
Based on GuruFocus' analysis, Kasumigaseki Capital Co (TSE:3498) is currently considered Significantly Undervalued. The stock's GF Value™ is 円12,184.09, compared to a current price of 円7,760.00 — trading 36.3% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 13.67, which is 14% below median its 10-year median of 15.86 and 1240.2% above the Conglomerates industry median of 1.02. Kasumigaseki Capital Co's overall GF Score™ is 80/100 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 Kasumigaseki Capital Co (TSE:3498), the current Cyclically Adjusted PB Ratio is 13.67 as of Aug. 10, 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 Kasumigaseki Capital Co (TSE:3498) Overvalued in 2026?

Based on GuruFocus' analysis, Kasumigaseki Capital Co stock appears to be undervalued. The current stock price of 円7,760.00 is trading 36.3% below its estimated GF Value™ of 円12,184.09. GuruFocus considers Kasumigaseki Capital Co to be Significantly Undervalued.

Key valuation signals for TSE:3498:

  • Cyclically Adjusted PB Ratio: 13.67 (14% below median its 10-year median of 15.86)
  • GF Value™: 円12,184.09 vs. price of 円7,760.00 (36.3% below fair value)
  • GF Score™: 80/100 with 2 warning signs
  • Industry Position: 1240.2% above the Conglomerates median (#445 of 461)

No single metric tells the full story. See the TSE:3498 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kasumigaseki Capital Co Business Description

Other Exchanges H0A:Germany
Address Kamagashira Common Gate West Building 20th Floor, Kasumigaseki 3-chome 2 - 1, Kasumigaseki, Chiyoda - ku, Tokyo, JPN, 100-0013
Kasumigaseki Capital Co Ltd is engaged in the management and operation of power generation business by natural energy such as solar, wind power and biomass. Further, it is also involved in the real estate sale, leasing, brokerage and operation of shopping center.
80GF Score

Get the complete analysis for TSE:3498

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

円7,760.00
Price
円12,184.09
GF Value