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Kikukawa Enterprise (TSE:6346) Cyclically Adjusted PB Ratio : 0.67 (As of Jun. 03, 2025)


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What is Kikukawa Enterprise Cyclically Adjusted PB Ratio?

As of today (2025-06-03), Kikukawa Enterprise's current share price is 円5650.00. Kikukawa Enterprise's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was 円8,387.68. Kikukawa Enterprise's Cyclically Adjusted PB Ratio for today is 0.67.

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

TSE:6346' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.46   Med: 0.56   Max: 1.6
Current: 0.67

During the past years, Kikukawa Enterprise's highest Cyclically Adjusted PB Ratio was 1.60. The lowest was 0.46. And the median was 0.56.

TSE:6346's Cyclically Adjusted PB Ratio is ranked better than
82.45% of 2159 companies
in the Industrial Products industry
Industry Median: 2.04 vs TSE:6346: 0.67

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.

Kikukawa Enterprise's adjusted book value per share data for the three months ended in Sep. 2024 was 円9,658.617. 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8,387.68 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kikukawa Enterprise Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Kikukawa Enterprise'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.

* Premium members only.

Kikukawa Enterprise Cyclically Adjusted PB Ratio Chart

Kikukawa Enterprise Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.54 0.63 0.59 0.49 0.58

Kikukawa Enterprise Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24
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 0.54 0.54 0.53 0.58 0.57

Competitive Comparison of Kikukawa Enterprise's Cyclically Adjusted PB Ratio

For the Specialty Industrial Machinery subindustry, Kikukawa Enterprise'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.


Kikukawa Enterprise's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Kikukawa Enterprise's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Kikukawa Enterprise's Cyclically Adjusted PB Ratio falls into.


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Kikukawa Enterprise 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.

Kikukawa Enterprise's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=5650.00/8387.68
=0.67

* 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.

Kikukawa Enterprise's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 is calculated as:

For example, Kikukawa Enterprise's adjusted Book Value per Share data for the three months ended in Sep. 2024 was:

Adj_Book=Book Value per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=9658.617/108.9000*108.9000
=9,658.617

Current CPI (Sep. 2024) = 108.9000.

Kikukawa Enterprise Quarterly Data

Book Value per Share CPI Adj_Book
201409 5,848.900 98.500 6,466.449
201412 6,008.834 97.900 6,683.984
201503 6,123.225 97.900 6,811.228
201506 6,235.686 98.400 6,901.079
201509 6,200.381 98.500 6,855.041
201512 6,276.069 98.100 6,967.012
201603 6,298.033 97.900 7,005.677
201606 6,254.604 98.100 6,943.184
201609 6,309.939 98.000 7,011.759
201612 6,573.974 98.400 7,275.465
201703 6,665.275 98.100 7,399.067
201706 6,604.013 98.500 7,301.289
201709 6,625.244 98.800 7,302.521
201712 6,894.859 99.400 7,553.824
201803 7,074.156 99.200 7,765.883
201806 7,207.079 99.200 7,911.803
201809 7,782.799 99.900 8,483.952
201812 7,896.311 99.700 8,624.958
201903 8,131.813 99.700 8,882.191
201906 8,036.730 99.800 8,769.538
201909 8,075.617 100.100 8,785.561
201912 8,193.464 100.500 8,878.291
202003 8,275.522 100.300 8,985.088
202006 8,222.115 99.900 8,962.846
202009 8,252.051 99.900 8,995.479
202012 8,424.590 99.300 9,239.052
202103 8,741.550 99.900 9,529.077
202106 8,619.865 99.500 9,434.204
202109 8,708.713 100.100 9,474.314
202112 8,767.455 100.100 9,538.220
202203 8,820.297 101.100 9,500.795
202206 8,772.486 101.800 9,384.320
202209 8,853.198 103.100 9,351.244
202212 8,898.296 104.100 9,308.592
202303 9,145.260 104.400 9,539.452
202306 9,063.226 105.200 9,381.990
202309 9,158.412 106.200 9,391.253
202312 9,217.947 106.800 9,399.199
202403 9,699.749 107.200 9,853.570
202409 9,658.617 108.900 9,658.617

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.


Kikukawa Enterprise  (TSE:6346) 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.


Kikukawa Enterprise Cyclically Adjusted PB Ratio Related Terms

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Kikukawa Enterprise Business Description

Traded in Other Exchanges
N/A
Address
85 Ominato-cho, Ise, Mie Prefecture, JPN
Kikukawa Enterprise Inc is a Japan-based company engages in the manufacture and sale of woodworking equipment and machine tools. Its products include sawmilling machinery, machine tools for processing iron and non-ferrous metals, and machines for fabricating synthetic resin products.

Kikukawa Enterprise Headlines

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