Kanto Denka Kogyo Co (TSE:4047) Cyclically Adjusted PB Ratio: 2.28 (As of Sep. 07, 2026) — 30% Above Median

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TSE:4047 Kanto Denka Kogyo Co Ltd TSE:4047
69 GF Score
Price 円2,234.00
GF Value 円1,132.65
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Kanto Denka Kogyo Co Cyclically Adjusted PB Ratio?

Kanto Denka Kogyo Co TSE:4047 +4.25% 69 Cyclically Adjusted PB Ratio is 2.28 as of Sep. 07, 2026, which is 30% above its 10-year median of 1.75. GuruFocus rates TSE:4047 with a GF Score™ of 69/100 and a GF Value™ of 円1,132.65 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,096 Chemicals companies, Kanto Denka Kogyo Co ranks worse than 59.03% on this metric.

As of today (2026-09-07), Kanto Denka Kogyo Co's current share price is 円2234.00. Kanto Denka Kogyo Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円981.68. Kanto Denka Kogyo Co's Cyclically Adjusted PB Ratio for today is 2.28.

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

TSE:4047' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.88   Med: 1.75   Max: 4.17
Current: 2.18

During the past years, Kanto Denka Kogyo Co's highest Cyclically Adjusted PB Ratio was 4.17. The lowest was 0.88. And the median was 1.75.

TSE:4047's Cyclically Adjusted PB Ratio is ranked worse than
59.03% of 1096 companies
in the Chemicals industry
Industry Median: 1.69 vs TSE:4047: 2.18

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.

Kanto Denka Kogyo Co's adjusted book value per share data for the three months ended in Mar. 2026 was 円1,262.248. 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981.68 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kanto Denka Kogyo Co  (TSE:4047) 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.


Kanto Denka Kogyo Co Cyclically Adjusted PB Ratio Related Terms


Kanto Denka Kogyo Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Kanto Denka Kogyo 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.

Kanto Denka Kogyo Co Cyclically Adjusted PB Ratio Chart

Kanto Denka Kogyo 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 1.94 1.55 1.30 0.97 1.37

Kanto Denka Kogyo 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 0.92 1.02 1.14 1.37 0.00

TSE:4047 vs LIN, SHW, ECL: Cyclically Adjusted PB Ratio Comparison

For the Specialty Chemicals subindustry, Kanto Denka Kogyo 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.


Kanto Denka Kogyo Co Cyclically Adjusted PB Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Kanto Denka Kogyo Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Kanto Denka Kogyo Co's Cyclically Adjusted PB Ratio falls into.


TSE:4047
69GF Score
Kanto Denka Kogyo Co Ltd TSE:4047
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kanto Denka Kogyo 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.

Kanto Denka Kogyo Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2234.00/981.68
=2.28

* 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.

Kanto Denka Kogyo Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Kanto Denka Kogyo Co'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)
=1262.248/112.7000*112.7000
=1,262.248

Current CPI (Mar. 2026) = 112.7000.

Kanto Denka Kogyo Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 439.809 98.100 505.265
201609 469.691 98.000 540.145
201612 512.907 98.400 587.445
201703 557.141 98.100 640.059
201706 586.868 98.500 671.472
201709 618.472 98.800 705.484
201712 650.459 99.400 737.492
201803 672.102 99.200 763.567
201806 687.000 99.200 780.493
201809 715.858 99.900 807.580
201812 717.248 99.700 810.771
201903 746.853 99.700 844.236
201906 759.926 99.800 858.153
201909 776.441 100.100 874.175
201912 801.596 100.500 898.904
202003 800.236 100.300 899.168
202006 803.227 99.900 906.143
202009 815.882 99.900 920.419
202012 839.143 99.300 952.381
202103 887.394 99.900 1,001.094
202106 908.683 99.500 1,029.232
202109 940.833 100.100 1,059.260
202112 967.971 100.100 1,089.814
202203 1,013.978 101.100 1,130.320
202206 1,063.587 101.800 1,177.468
202209 1,114.536 103.100 1,218.314
202212 1,149.559 104.100 1,244.527
202303 1,174.490 104.400 1,267.864
202306 1,149.879 105.200 1,231.857
202309 1,184.586 106.200 1,257.089
202312 1,177.502 106.800 1,242.551
202403 1,114.006 107.200 1,171.161
202406 1,144.309 108.200 1,191.900
202409 1,147.760 108.900 1,187.810
202412 1,129.381 110.700 1,149.785
202503 1,147.899 111.100 1,164.430
202506 1,133.036 111.700 1,143.180
202509 1,154.619 112.000 1,161.835
202512 1,185.375 113.000 1,182.228
202603 1,262.248 112.700 1,262.248

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 2.28 mean?
Kanto Denka Kogyo Co (TSE:4047) has a Cyclically Adjusted PB Ratio of 2.28 as of Sep. 07, 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 Kanto Denka Kogyo Co and its competitors. This is 30% above median its historical median of 1.75. Over the past decade, Kanto Denka Kogyo Co's Cyclically Adjusted PB Ratio has ranged from 0.88 to 4.17. According to the industry distribution chart, Kanto Denka Kogyo Co ranks #647 out of 1096 companies in the Chemicals industry, placing it in the top 59%.
Is Kanto Denka Kogyo Co's Cyclically Adjusted PB Ratio too high?
Kanto Denka Kogyo Co's current Cyclically Adjusted PB Ratio of 2.28 is 30% above median its 10-year median of 1.75. Over the past 10 years, this metric has ranged from a low of 0.88 to a high of 4.17. The Chemicals industry median Cyclically Adjusted PB Ratio is 1.69. Kanto Denka Kogyo Co's value of 2.28 is 34.9% above this industry median. Based on the distribution chart, Kanto Denka Kogyo Co ranks #647 out of 1096 companies in the Chemicals industry, which is below the industry midpoint. Overall, Kanto Denka Kogyo Co has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kanto Denka Kogyo Co's Cyclically Adjusted PB Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Kanto Denka Kogyo Co ranks #647 out of 1096 companies for Cyclically Adjusted PB Ratio. This places Kanto Denka Kogyo Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.69. Kanto Denka Kogyo Co's value of 2.28 is 34.9% above this benchmark. Historically, Kanto Denka Kogyo Co's own Cyclically Adjusted PB Ratio has ranged from 0.88 to 4.17 over the past decade. While the company's 10-year median is 1.75 vs. the industry median of 1.69, Kanto Denka Kogyo 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 Chemicals company?
The median Cyclically Adjusted PB Ratio among Chemicals companies is 1.69, based on 1,096 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. Kanto Denka Kogyo Co's current Cyclically Adjusted PB Ratio of 2.28 is 34.9% 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 Kanto Denka Kogyo Co and its competitors. For the Chemicals industry, the median Cyclically Adjusted PB Ratio is 1.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kanto Denka Kogyo Co's current Cyclically Adjusted PB Ratio is 2.28, which is 30% above median its own 10-year median of 1.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kanto Denka Kogyo Co stock overvalued right now?
Based on GuruFocus' analysis, Kanto Denka Kogyo Co (TSE:4047) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,132.65, compared to a current price of 円2,234.00 — trading 97.2% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.28, which is 30% above median its 10-year median of 1.75 and 34.9% above the Chemicals industry median of 1.69. Kanto Denka Kogyo Co's overall GF Score™ is 69/100 with 5 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 Kanto Denka Kogyo Co (TSE:4047), the current Cyclically Adjusted PB Ratio is 2.28 as of Sep. 07, 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 Kanto Denka Kogyo Co (TSE:4047) Overvalued in 2026?

Based on GuruFocus' analysis, Kanto Denka Kogyo Co stock appears to be overvalued. The current stock price of 円2,234.00 is trading 97.2% above its estimated GF Value™ of 円1,132.65. GuruFocus considers Kanto Denka Kogyo Co to be Significantly Overvalued.

Key valuation signals for TSE:4047:

  • Cyclically Adjusted PB Ratio: 2.28 (30% above median its 10-year median of 1.75)
  • GF Value™: 円1,132.65 vs. price of 円2,234.00 (97.2% above fair value)
  • GF Score™: 69/100 with 5 warning signs
  • Industry Position: 34.9% above the Chemicals median (#647 of 1096)

No single metric tells the full story. See the TSE:4047 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kanto Denka Kogyo Co Business Description

Address 2-3-2 Marunouchi, Chiyoda-ku, Yusen Building, Tokyo, JPN, 100-0005
Kanto Denka Kogyo Co Ltd is a Japan-based company, engages in the production of a chemical product. It operates through Fundamental Chemicals and Fine Chemicals divisions. The Fundamental Chemicals offers caustic soda, hydrochloric acid, sodium hypochlorite, aluminum chloride, trichloroethylene, perchloroethylene, vinylidene chloride, cyclohexanol. The Fine Chemicals division offers reprographics carriers, magnetite, sulfur hexafluoride, carbon tetrafluoride, trifluoromethane, hexafluoroethane, nitrogen trifluoride, among others.
69GF Score

Get the complete analysis for TSE:4047

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

円2,234.00
Price
円1,132.65
GF Value