Shikoku Kasei Holdings (TSE:4099) Cyclically Adjusted PB Ratio: 3.72 (As of Aug. 04, 2026) — 174% Above Median

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TSE:4099 Shikoku Kasei Holdings Corp TSE:4099
80 GF Score
Price 円2,880.00
GF Value 円1,216.73
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Shikoku Kasei Holdings Cyclically Adjusted PB Ratio?

Shikoku Kasei Holdings TSE:4099 +5.34% 80 Cyclically Adjusted PB Ratio is 3.72 as of Aug. 04, 2026, which is 174% above its 10-year median of 1.36. GuruFocus rates TSE:4099 with a GF Score™ of 80/100 and a GF Value™ of 円1,216.73 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 1,248 Chemicals companies, Shikoku Kasei Holdings ranks worse than 73.24% on this metric.

As of today (2026-08-04), Shikoku Kasei Holdings's current share price is 円2880.00. Shikoku Kasei Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was 円773.44. Shikoku Kasei Holdings's Cyclically Adjusted PB Ratio for today is 3.72.

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

TSE:4099' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.88   Med: 1.36   Max: 4.63
Current: 3.13

During the past years, Shikoku Kasei Holdings's highest Cyclically Adjusted PB Ratio was 4.63. The lowest was 0.88. And the median was 1.36.

TSE:4099's Cyclically Adjusted PB Ratio is ranked worse than
73.24% of 1248 companies
in the Chemicals industry
Industry Median: 1.62 vs TSE:4099: 3.13

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.

Shikoku Kasei Holdings's adjusted book value per share data for the three months ended in Dec. 2025 was 円1,084.337. 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773.44 for the trailing ten years ended in Dec. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shikoku Kasei Holdings  (TSE:4099) 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.


Shikoku Kasei Holdings Cyclically Adjusted PB Ratio Related Terms


Shikoku Kasei Holdings Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Shikoku Kasei Holdings'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.

Shikoku Kasei Holdings Cyclically Adjusted PB Ratio Chart

Shikoku Kasei Holdings Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.28 1.25 1.40 1.47 1.77

Shikoku Kasei Holdings 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 1.27 1.33 1.49 1.77 0.00

TSE:4099 vs LIN, SHW, ECL: Cyclically Adjusted PB Ratio Comparison

For the Specialty Chemicals subindustry, Shikoku Kasei Holdings'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.


Shikoku Kasei Holdings Cyclically Adjusted PB Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Shikoku Kasei Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Shikoku Kasei Holdings's Cyclically Adjusted PB Ratio falls into.


TSE:4099
80GF Score
Shikoku Kasei Holdings Corp TSE:4099
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Shikoku Kasei Holdings 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.

Shikoku Kasei Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2880.00/773.44
=3.72

* 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.

Shikoku Kasei Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 is calculated as:

For example, Shikoku Kasei Holdings's adjusted Book Value per Share data for the three months ended in Dec. 2025 was:

Adj_Book=Book Value per Share/CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=1084.337/113.0000*113.0000
=1,084.337

Current CPI (Dec. 2025) = 113.0000.

Shikoku Kasei Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201603 464.121 97.900 535.707
201606 460.253 98.100 530.159
201609 477.384 98.000 550.453
201612 503.851 98.400 578.609
201703 520.599 98.100 599.671
201706 533.975 98.500 612.580
201709 551.014 98.800 630.208
201712 564.912 99.400 642.204
201803 575.675 99.200 655.759
201806 576.308 99.200 656.480
201809 593.177 99.900 670.961
201812 577.660 99.700 654.720
201903 595.519 99.700 674.961
201906 592.515 99.800 670.884
201909 604.127 100.100 681.982
201912 623.072 100.500 700.569
202003 620.863 100.300 699.477
202006 671.107 99.900 759.110
202009 683.191 99.900 772.779
202012 697.285 99.300 793.486
202103 680.098 99.900 769.280
202106 684.334 99.500 777.183
202109 702.213 100.100 792.708
202112 720.054 100.100 812.848
202203 743.752 101.100 831.296
202206 749.484 101.800 831.942
202209 784.726 103.100 860.078
202212 770.560 104.100 836.439
202303 785.900 104.400 850.639
202306 818.934 105.200 879.653
202309 833.865 106.200 887.257
202312 851.603 106.800 901.041
202403 874.611 107.200 921.931
202406 900.700 108.200 940.657
202409 899.211 108.900 933.066
202412 932.786 110.700 952.166
202503 946.367 111.100 962.551
202506 992.682 111.700 1,004.235
202509 1,028.232 112.000 1,037.413
202512 1,084.337 113.000 1,084.337

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 3.72 mean?
Shikoku Kasei Holdings (TSE:4099) has a Cyclically Adjusted PB Ratio of 3.72 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 Shikoku Kasei Holdings and its competitors. This is 174% above median its historical median of 1.36. Over the past decade, Shikoku Kasei Holdings' Cyclically Adjusted PB Ratio has ranged from 0.88 to 4.63. According to the industry distribution chart, Shikoku Kasei Holdings ranks #914 out of 1248 companies in the Chemicals industry, placing it in the top 73.2%.
Is Shikoku Kasei Holdings' Cyclically Adjusted PB Ratio too high?
Shikoku Kasei Holdings' current Cyclically Adjusted PB Ratio of 3.72 is 174% above median its 10-year median of 1.36. Over the past 10 years, this metric has ranged from a low of 0.88 to a high of 4.63. The Chemicals industry median Cyclically Adjusted PB Ratio is 1.62. Shikoku Kasei Holdings' value of 3.72 is 129.6% above this industry median. Based on the distribution chart, Shikoku Kasei Holdings ranks #914 out of 1248 companies in the Chemicals industry, which is below the industry midpoint. Overall, Shikoku Kasei Holdings has a GF Score™ of 80/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shikoku Kasei Holdings' Cyclically Adjusted PB Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Shikoku Kasei Holdings ranks #914 out of 1248 companies for Cyclically Adjusted PB Ratio. This places Shikoku Kasei Holdings in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.62. Shikoku Kasei Holdings' value of 3.72 is 129.6% above this benchmark. Historically, Shikoku Kasei Holdings' own Cyclically Adjusted PB Ratio has ranged from 0.88 to 4.63 over the past decade. While the company's 10-year median is 1.36 vs. the industry median of 1.62, Shikoku Kasei Holdings 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 1.62, based on 1,248 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. Shikoku Kasei Holdings's current Cyclically Adjusted PB Ratio of 3.72 is 129.6% 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 Shikoku Kasei Holdings and its competitors. For the Chemicals industry, the median Cyclically Adjusted PB Ratio is 1.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shikoku Kasei Holdings's current Cyclically Adjusted PB Ratio is 3.72, which is 174% above median its own 10-year median of 1.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shikoku Kasei Holdings stock overvalued right now?
Based on GuruFocus' analysis, Shikoku Kasei Holdings (TSE:4099) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,216.73, compared to a current price of 円2,880.00 — trading 136.7% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 3.72, which is 174% above median its 10-year median of 1.36 and 129.6% above the Chemicals industry median of 1.62. Shikoku Kasei Holdings' overall GF Score™ is 80/100 with 1 warning sign 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 Shikoku Kasei Holdings (TSE:4099), the current Cyclically Adjusted PB Ratio is 3.72 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 Shikoku Kasei Holdings (TSE:4099) Overvalued in 2026?

Based on GuruFocus' analysis, Shikoku Kasei Holdings stock appears to be overvalued. The current stock price of 円2,880.00 is trading 136.7% above its estimated GF Value™ of 円1,216.73. GuruFocus considers Shikoku Kasei Holdings to be Significantly Overvalued.

Key valuation signals for TSE:4099:

  • Cyclically Adjusted PB Ratio: 3.72 (174% above median its 10-year median of 1.36)
  • GF Value™: 円1,216.73 vs. price of 円2,880.00 (136.7% above fair value)
  • GF Score™: 80/100 with 1 warning sign
  • Industry Position: 129.6% above the Chemicals median (#914 of 1248)

No single metric tells the full story. See the TSE:4099 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shikoku Kasei Holdings Business Description

Address 8-537-1 Dokicho-Higashi, Marugame-shi, Kagawa-ken, JPN, 763-8504
Shikoku Kasei Holdings Corp is engaged in the chemicals and building material business. The chemicals are used in various things and places such as automobiles, smartphones, and pools. The building material products add color to living spaces, such as painted walls, garage front doors, and archways for public facilities.
80GF Score

Get the complete analysis for TSE:4099

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

円2,880.00
Price
円1,216.73
GF Value