Kyoritsu Air Tech (TSE:5997) Cyclically Adjusted PB Ratio: 0.57 (As of Aug. 08, 2026) — 14% Above Median

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TSE:5997 Kyoritsu Air Tech Inc TSE:5997
69 GF Score
Price 円897.00
GF Value 円649.28
Valuation Significantly Overvalued
! 9 Warning Signs
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What is Kyoritsu Air Tech Cyclically Adjusted PB Ratio?

Kyoritsu Air Tech TSE:5997 -2.71% 69 Cyclically Adjusted PB Ratio is 0.57 as of Aug. 08, 2026, which is 14% above its 10-year median of 0.50. GuruFocus rates TSE:5997 with a GF Score™ of 69/100 and a GF Value™ of 円649.28 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 1,343 Construction companies, Kyoritsu Air Tech ranks better than 74.31% on this metric.

As of today (2026-08-08), Kyoritsu Air Tech's current share price is 円897.00. Kyoritsu Air Tech's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was 円1,579.80. Kyoritsu Air Tech's Cyclically Adjusted PB Ratio for today is 0.57.

The historical rank and industry rank for Kyoritsu Air Tech's Cyclically Adjusted PB Ratio or its related term are showing as below:

TSE:5997' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.37   Med: 0.5   Max: 1
Current: 0.58

During the past years, Kyoritsu Air Tech's highest Cyclically Adjusted PB Ratio was 1.00. The lowest was 0.37. And the median was 0.50.

TSE:5997's Cyclically Adjusted PB Ratio is ranked better than
74.31% of 1343 companies
in the Construction industry
Industry Median: 1.14 vs TSE:5997: 0.58

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.

Kyoritsu Air Tech's adjusted book value per share data for the three months ended in Dec. 2025 was 円2,038.511. 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1,579.80 for the trailing ten years ended in Dec. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kyoritsu Air Tech  (TSE:5997) 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.


Kyoritsu Air Tech Cyclically Adjusted PB Ratio Related Terms


Kyoritsu Air Tech Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Kyoritsu Air Tech'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.

Kyoritsu Air Tech Cyclically Adjusted PB Ratio Chart

Kyoritsu Air Tech Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.51 0.38 0.46 0.41 0.45

Kyoritsu Air Tech Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 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 0.40 0.39 0.46 0.45 0.00

TSE:5997 vs TT, JCI, CARR: Cyclically Adjusted PB Ratio Comparison

For the Building Products & Equipment subindustry, Kyoritsu Air Tech'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.


Kyoritsu Air Tech Cyclically Adjusted PB Ratio vs Construction Industry

For the Construction industry and Industrials sector, Kyoritsu Air Tech's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Kyoritsu Air Tech's Cyclically Adjusted PB Ratio falls into.


TSE:5997
69GF Score
Kyoritsu Air Tech Inc TSE:5997
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Kyoritsu Air Tech 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.

Kyoritsu Air Tech's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=897.00/1579.80
=0.57

* 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.

Kyoritsu Air Tech's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 is calculated as:

For example, Kyoritsu Air Tech'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)
=2038.511/113.0000*113.0000
=2,038.511

Current CPI (Dec. 2025) = 113.0000.

Kyoritsu Air Tech Quarterly Data

Book Value per Share CPI Adj_Book
201512 995.861 98.100 1,147.118
201603 1,002.483 97.900 1,157.105
201606 1,015.363 98.100 1,169.582
201609 1,038.311 98.000 1,197.236
201612 1,051.459 98.400 1,207.468
201703 1,053.772 98.100 1,213.825
201706 1,073.577 98.500 1,231.616
201709 1,101.602 98.800 1,259.929
201712 1,150.065 99.400 1,307.418
201803 1,160.139 99.200 1,321.529
201806 1,189.816 99.200 1,355.335
201809 1,220.691 99.900 1,380.762
201812 1,253.330 99.700 1,420.524
201903 1,266.543 99.700 1,435.500
201906 1,305.783 99.800 1,478.492
201909 1,325.230 100.100 1,496.014
201912 1,363.135 100.500 1,532.679
202003 1,366.847 100.300 1,539.917
202006 1,394.407 99.900 1,577.257
202009 1,418.365 99.900 1,604.357
202012 1,439.088 99.300 1,637.633
202103 1,451.594 99.900 1,641.943
202106 1,479.930 99.500 1,680.725
202109 1,499.071 100.100 1,692.258
202112 1,545.725 100.100 1,744.924
202203 1,553.852 101.100 1,736.749
202206 1,571.080 101.800 1,743.930
202209 1,579.258 103.100 1,730.904
202212 1,599.533 104.100 1,736.285
202303 1,655.781 104.400 1,792.177
202306 1,677.142 105.200 1,801.493
202309 1,711.667 106.200 1,821.265
202312 1,743.451 106.800 1,844.663
202403 1,784.720 107.200 1,881.281
202406 1,809.918 108.200 1,890.210
202412 1,882.915 110.700 1,922.036
202503 1,880.875 111.100 1,913.041
202506 1,913.040 111.700 1,935.305
202509 1,955.578 112.000 1,973.039
202512 2,038.511 113.000 2,038.511

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 0.57 mean?
Kyoritsu Air Tech (TSE:5997) has a Cyclically Adjusted PB Ratio of 0.57 as of Aug. 08, 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 Kyoritsu Air Tech and its competitors. This is 14% above median its historical median of 0.50. Over the past decade, Kyoritsu Air Tech's Cyclically Adjusted PB Ratio has ranged from 0.37 to 1.00. According to the industry distribution chart, Kyoritsu Air Tech ranks #345 out of 1343 companies in the Construction industry, placing it in the top 25.7%.
Is Kyoritsu Air Tech's Cyclically Adjusted PB Ratio too high?
Kyoritsu Air Tech's current Cyclically Adjusted PB Ratio of 0.57 is 14% above median its 10-year median of 0.50. Over the past 10 years, this metric has ranged from a low of 0.37 to a high of 1.00. The Construction industry median Cyclically Adjusted PB Ratio is 1.14. Kyoritsu Air Tech's value of 0.57 is 50% below this industry median. Based on the distribution chart, Kyoritsu Air Tech ranks #345 out of 1343 companies in the Construction industry, which is above the industry midpoint. Overall, Kyoritsu Air Tech has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kyoritsu Air Tech's Cyclically Adjusted PB Ratio compare to TT and JCI?
According to the Construction industry distribution chart, Kyoritsu Air Tech ranks #345 out of 1343 companies for Cyclically Adjusted PB Ratio. This puts Kyoritsu Air Tech in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.14. Kyoritsu Air Tech's value of 0.57 is 50% below this benchmark. Historically, Kyoritsu Air Tech's own Cyclically Adjusted PB Ratio has ranged from 0.37 to 1.00 over the past decade. While the company's 10-year median is 0.50 vs. the industry median of 1.14, Kyoritsu Air Tech has consistently been below 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 Construction company?
The median Cyclically Adjusted PB Ratio among Construction companies is 1.14, based on 1,343 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. Kyoritsu Air Tech's current Cyclically Adjusted PB Ratio of 0.57 is 50% below 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 Kyoritsu Air Tech and its competitors. For the Construction industry, the median Cyclically Adjusted PB Ratio is 1.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kyoritsu Air Tech's current Cyclically Adjusted PB Ratio is 0.57, which is 14% above median its own 10-year median of 0.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kyoritsu Air Tech stock overvalued right now?
Based on GuruFocus' analysis, Kyoritsu Air Tech (TSE:5997) is currently considered Significantly Overvalued. The stock's GF Value™ is 円649.28, compared to a current price of 円897.00 — trading 38.2% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.57, which is 14% above median its 10-year median of 0.50 and 50% below the Construction industry median of 1.14. Kyoritsu Air Tech's overall GF Score™ is 69/100 with 9 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 Kyoritsu Air Tech (TSE:5997), the current Cyclically Adjusted PB Ratio is 0.57 as of Aug. 08, 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 Kyoritsu Air Tech (TSE:5997) Overvalued in 2026?

Based on GuruFocus' analysis, Kyoritsu Air Tech stock appears to be overvalued. The current stock price of 円897.00 is trading 38.2% above its estimated GF Value™ of 円649.28. GuruFocus considers Kyoritsu Air Tech to be Significantly Overvalued.

Key valuation signals for TSE:5997:

  • Cyclically Adjusted PB Ratio: 0.57 (14% above median its 10-year median of 0.50)
  • GF Value™: 円649.28 vs. price of 円897.00 (38.2% above fair value)
  • GF Score™: 69/100 with 9 warning signs
  • Industry Position: 50% below the Construction median (#345 of 1343)

No single metric tells the full story. See the TSE:5997 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kyoritsu Air Tech Business Description

Address 1034 Daisuki-cho, Kasuya-gun, Fukuoka prefecture, Fukuoka, JPN, 811-2414
Kyoritsu Air Tech Inc is a Japanese firm engaged in the manufacturing of air-conditioners and various ventilation products. It has building equipment business and housing equipment business. Its products include the flocking air supply unit, variable air volume unit, ventilation unit, fan coil unit, air-disaster prevention damper, and air diffusers.
69GF Score

Get the complete analysis for TSE:5997

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

円897.00
Price
円649.28
GF Value