Kyowa Leather Cloth Co (TSE:3553) Cyclically Adjusted PB Ratio: (As of Sep. 20, 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:3553 Kyowa Leather Cloth Co Ltd TSE:3553
70 GF Score
Price 円935.00
GF Value 円853.58
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is Kyowa Leather Cloth Co Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Kyowa Leather Cloth Co  (TSE:3553) 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.


Kyowa Leather Cloth Co Cyclically Adjusted PB Ratio Related Terms


Kyowa Leather Cloth Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Kyowa Leather Cloth 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.

Kyowa Leather Cloth Co Cyclically Adjusted PB Ratio Chart

Kyowa Leather Cloth Co 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 0.52 0.39 0.57 0.47 0.61

Kyowa Leather Cloth Co 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 0.53 0.57 0.69 0.62 0.56

TSE:3553 vs DOW: Cyclically Adjusted PB Ratio Comparison

For the Chemicals subindustry, Kyowa Leather Cloth 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.


Kyowa Leather Cloth Co Cyclically Adjusted PB Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Kyowa Leather Cloth Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Kyowa Leather Cloth Co's Cyclically Adjusted PB Ratio falls into.


TSE:3553
70GF Score
Kyowa Leather Cloth Co Ltd TSE:3553
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kyowa Leather Cloth 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.

Kyowa Leather Cloth Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Kyowa Leather Cloth Co'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)
=1556.354/113.6000*113.6000
=1,556.354

Current CPI (Jun. 2026) = 113.6000.

Kyowa Leather Cloth Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 1,184.206 98.000 1,372.712
201612 1,208.208 98.400 1,394.842
201703 1,250.129 98.100 1,447.652
201706 1,251.232 98.500 1,443.045
201709 1,278.662 98.800 1,470.202
201712 1,300.051 99.400 1,485.773
201803 1,313.236 99.200 1,503.867
201806 1,312.624 99.200 1,503.166
201809 1,317.563 99.900 1,498.250
201812 1,311.277 99.700 1,494.093
201903 1,324.135 99.700 1,508.744
201906 1,316.991 99.800 1,499.100
201909 1,325.808 100.100 1,504.613
201912 1,326.871 100.500 1,499.826
202003 1,324.503 100.300 1,500.135
202006 1,293.848 99.900 1,471.283
202009 1,307.237 99.900 1,486.508
202012 1,316.421 99.300 1,505.996
202103 1,365.118 99.900 1,552.326
202106 1,373.445 99.500 1,568.074
202109 1,388.304 100.100 1,575.538
202112 1,405.203 100.100 1,594.716
202203 1,439.109 101.100 1,617.040
202206 1,441.308 101.800 1,608.375
202209 1,440.022 103.100 1,586.678
202212 1,433.258 104.100 1,564.055
202303 1,432.885 104.400 1,559.155
202306 1,442.761 105.200 1,557.962
202309 1,472.141 106.200 1,574.720
202312 1,506.666 106.800 1,602.596
202403 1,559.201 107.200 1,652.288
202406 1,564.370 108.200 1,642.444
202409 1,572.633 108.900 1,640.506
202412 1,578.759 110.700 1,620.118
202503 1,569.401 111.100 1,604.716
202506 1,545.317 111.700 1,571.603
202509 1,547.877 112.000 1,569.990
202512 1,555.179 113.000 1,563.437
202603 1,579.643 112.700 1,592.258
202606 1,556.354 113.600 1,556.354

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 Kyowa Leather Cloth Co (TSE:3553) Overvalued in 2026?

Based on GuruFocus' analysis, Kyowa Leather Cloth Co stock appears to be overvalued. The current stock price of 円935.00 is trading 9.5% above its estimated GF Value™ of 円853.58. GuruFocus considers Kyowa Leather Cloth Co to be Fairly Valued.

Key valuation signals for TSE:3553:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: 円853.58 vs. price of 円935.00 (9.5% above fair value)
  • GF Score™: 70/100 with 6 warning signs

No single metric tells the full story. See the TSE:3553 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kyowa Leather Cloth Co Business Description

Other Exchanges KYOWF:USA
Address 1876 Higashi-machi, Minami-ku, Shizuoka Prefecture, Hamamatsu, JPN, 430-8510
Kyowa Leather Cloth Co Ltd is a Japan-based chemical manufacturer. The company is mainly engaged in the manufacturing, processing, and sales of various synthetic resin products. It operates in Automotive, Housing and Fashion and lifestyle business divisions. Kyowa offers synthetic leather cover materials for automotive interiors, decorative products like wall covering paper or film, wood paneling for furniture, interior doors and walls, steel laminated decorative film, polyvinyl chloride (PVC) products consisting of handbags, shoes, and accessories.
70GF Score

Get the complete analysis for TSE:3553

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

円935.00
Price
円853.58
GF Value