Kansai Paint Co (TSE:4613) Cyclically Adjusted PB Ratio: 2.32 (As of Aug. 11, 2026) — Near Median

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TSE:4613 Kansai Paint Co Ltd TSE:4613
81 GF Score
Price 円3,029.00
GF Value 円2,729.93
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Kansai Paint Co Cyclically Adjusted PB Ratio?

Kansai Paint Co TSE:4613 +4.48% 81 Cyclically Adjusted PB Ratio is 2.32 as of Aug. 11, 2026, which is 2% above its 10-year median of 2.28. GuruFocus rates TSE:4613 with a GF Score™ of 81/100 and a GF Value™ of 円2,729.93 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 1,227 Chemicals companies, Kansai Paint Co ranks worse than 59.25% on this metric.

As of today (2026-08-11), Kansai Paint Co's current share price is 円3029.00. Kansai Paint Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円1,308.27. Kansai Paint Co's Cyclically Adjusted PB Ratio for today is 2.32.

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

TSE:4613' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.52   Med: 2.28   Max: 3.88
Current: 2.32

During the past years, Kansai Paint Co's highest Cyclically Adjusted PB Ratio was 3.88. The lowest was 1.52. And the median was 2.28.

TSE:4613's Cyclically Adjusted PB Ratio is ranked worse than
59.25% of 1227 companies
in the Chemicals industry
Industry Median: 1.67 vs TSE:4613: 2.32

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.

Kansai Paint Co's adjusted book value per share data for the three months ended in Mar. 2026 was 円1,704.412. 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1,308.27 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kansai Paint Co  (TSE:4613) 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.


Kansai Paint Co Cyclically Adjusted PB Ratio Related Terms


Kansai Paint Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Kansai Paint 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.

Kansai Paint Co Cyclically Adjusted PB Ratio Chart

Kansai Paint 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 1.98 1.66 1.87 1.72 1.79

Kansai Paint 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 1.57 1.89 1.91 1.79 0.00

TSE:4613 vs LIN, SHW, ECL: Cyclically Adjusted PB Ratio Comparison

For the Specialty Chemicals subindustry, Kansai Paint 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.


Kansai Paint Co Cyclically Adjusted PB Ratio vs Chemicals Industry

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

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


TSE:4613
81GF Score
Kansai Paint Co Ltd TSE:4613
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kansai Paint 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.

Kansai Paint Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3029.00/1308.27
=2.32

* 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.

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

For example, Kansai Paint 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)
=1704.412/112.7000*112.7000
=1,704.412

Current CPI (Mar. 2026) = 112.7000.

Kansai Paint Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 844.257 98.100 969.906
201609 855.648 98.000 983.995
201612 908.502 98.400 1,040.530
201703 984.491 98.100 1,131.011
201706 979.078 98.500 1,120.224
201709 1,038.059 98.800 1,184.102
201712 1,079.215 99.400 1,223.617
201803 1,074.082 99.200 1,220.252
201806 1,049.901 99.200 1,192.781
201809 1,051.852 99.900 1,186.624
201812 1,060.987 99.700 1,199.330
201903 1,050.058 99.700 1,186.976
201906 1,049.439 99.800 1,185.088
201909 1,057.489 100.100 1,190.600
201912 1,063.436 100.500 1,192.530
202003 1,045.982 100.300 1,175.296
202006 1,012.842 99.900 1,142.616
202009 1,026.520 99.900 1,158.046
202012 1,050.417 99.300 1,192.165
202103 1,115.859 99.900 1,258.832
202106 1,149.136 99.500 1,301.584
202109 1,187.207 100.100 1,336.646
202112 1,196.833 100.100 1,347.483
202203 1,245.725 101.100 1,388.657
202206 1,267.652 101.800 1,403.383
202209 1,271.176 103.100 1,389.540
202212 1,267.321 104.100 1,372.018
202303 1,270.711 104.400 1,371.735
202306 1,321.376 105.200 1,415.581
202309 1,413.675 106.200 1,500.199
202312 1,452.155 106.800 1,532.377
202403 1,485.512 107.200 1,561.728
202406 0.000 108.200 0.000
202409 1,503.148 108.900 1,555.599
202412 1,467.322 110.700 1,493.832
202503 1,528.807 111.100 1,550.824
202506 1,477.940 111.700 1,491.171
202509 1,541.035 112.000 1,550.666
202512 1,625.012 113.000 1,620.698
202603 1,704.412 112.700 1,704.412

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 2.32 mean?
Kansai Paint Co (TSE:4613) has a Cyclically Adjusted PB Ratio of 2.32 as of Aug. 11, 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 Kansai Paint Co and its competitors. This is near median its historical median of 2.28. Over the past decade, Kansai Paint Co's Cyclically Adjusted PB Ratio has ranged from 1.52 to 3.88. According to the industry distribution chart, Kansai Paint Co ranks #727 out of 1227 companies in the Chemicals industry, placing it in the top 59.3%.
Is Kansai Paint Co's Cyclically Adjusted PB Ratio too high?
Kansai Paint Co's current Cyclically Adjusted PB Ratio of 2.32 is near median its 10-year median of 2.28. Over the past 10 years, this metric has ranged from a low of 1.52 to a high of 3.88. The Chemicals industry median Cyclically Adjusted PB Ratio is 1.67. Kansai Paint Co's value of 2.32 is 38.9% above this industry median. Based on the distribution chart, Kansai Paint Co ranks #727 out of 1227 companies in the Chemicals industry, which is below the industry midpoint. Overall, Kansai Paint Co has a GF Score™ of 81/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kansai Paint Co's Cyclically Adjusted PB Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Kansai Paint Co ranks #727 out of 1227 companies for Cyclically Adjusted PB Ratio. This places Kansai Paint Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.67. Kansai Paint Co's value of 2.32 is 38.9% above this benchmark. Historically, Kansai Paint Co's own Cyclically Adjusted PB Ratio has ranged from 1.52 to 3.88 over the past decade. While the company's 10-year median is 2.28 vs. the industry median of 1.67, Kansai Paint 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 1.67, based on 1,227 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. Kansai Paint Co's current Cyclically Adjusted PB Ratio of 2.32 is 38.9% 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 Kansai Paint Co and its competitors. For the Chemicals industry, the median Cyclically Adjusted PB Ratio is 1.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kansai Paint Co's current Cyclically Adjusted PB Ratio is 2.32, which is near median its own 10-year median of 2.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kansai Paint Co stock overvalued right now?
Based on GuruFocus' analysis, Kansai Paint Co (TSE:4613) is currently considered Modestly Overvalued. The stock's GF Value™ is 円2,729.93, compared to a current price of 円3,029.00 — trading 11% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.32, which is near median its 10-year median of 2.28 and 38.9% above the Chemicals industry median of 1.67. Kansai Paint Co's overall GF Score™ is 81/100 with 7 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 Kansai Paint Co (TSE:4613), the current Cyclically Adjusted PB Ratio is 2.32 as of Aug. 11, 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 Kansai Paint Co (TSE:4613) Overvalued in 2026?

Based on GuruFocus' analysis, Kansai Paint Co stock appears to be overvalued. The current stock price of 円3,029.00 is trading 11% above its estimated GF Value™ of 円2,729.93. GuruFocus considers Kansai Paint Co to be Modestly Overvalued.

Key valuation signals for TSE:4613:

  • Cyclically Adjusted PB Ratio: 2.32 (near median its 10-year median of 2.28)
  • GF Value™: 円2,729.93 vs. price of 円3,029.00 (11% above fair value)
  • GF Score™: 81/100 with 7 warning signs
  • Industry Position: 38.9% above the Chemicals median (#727 of 1227)

No single metric tells the full story. See the TSE:4613 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kansai Paint Co Business Description

Other Exchanges KAP:Germany
Address 1-13-1 Umeda, 28th Floor, Osaka Umeda Twin Towers South, Kita-ku, Osaka, JPN, 530-0001
Kansai Paint Co Ltd manufactures and sells a variety of coatings and paint products. The company sells five primary types of products: automotive coatings, automotive refinish coatings, decorative coatings, protection coatings, and industrial coatings. The firm's automotive coatings include clear coat paints, top coat paints, and primers. The industrial coatings include paint and coatings for bridges, roads, storage tanks, power plants, and manufacturing facilities. It markets its products mainly to the automotive, marine, and construction industries.
81GF Score

Get the complete analysis for TSE:4613

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

円3,029.00
Price
円2,729.93
GF Value