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Kyosha Co (TSE:6837) Cyclically Adjusted PB Ratio : 0.73 (As of Jun. 03, 2025)


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What is Kyosha Co Cyclically Adjusted PB Ratio?

As of today (2025-06-03), Kyosha Co's current share price is 円373.00. Kyosha Co's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was 円510.99. Kyosha Co's Cyclically Adjusted PB Ratio for today is 0.73.

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

TSE:6837' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.55   Med: 0.83   Max: 1.6
Current: 0.73

During the past years, Kyosha Co's highest Cyclically Adjusted PB Ratio was 1.60. The lowest was 0.55. And the median was 0.83.

TSE:6837's Cyclically Adjusted PB Ratio is ranked better than
76.72% of 1924 companies
in the Hardware industry
Industry Median: 1.66 vs TSE:6837: 0.73

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.

Kyosha Co's adjusted book value per share data for the three months ended in Sep. 2024 was 円661.734. 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510.99 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kyosha Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Kyosha 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.

* Premium members only.

Kyosha Co Cyclically Adjusted PB Ratio Chart

Kyosha Co 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 0.61 0.80 0.80 0.61 0.85

Kyosha Co 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 0.74 0.87 0.83 0.85 0.65

Competitive Comparison of Kyosha Co's Cyclically Adjusted PB Ratio

For the Electronic Components subindustry, Kyosha 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.


Kyosha Co's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Kyosha Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Kyosha 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=373.00/510.99
=0.73

* 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.

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

For example, Kyosha Co'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)
=661.734/108.9000*108.9000
=661.734

Current CPI (Sep. 2024) = 108.9000.

Kyosha Co Quarterly Data

Book Value per Share CPI Adj_Book
201409 357.979 98.500 395.776
201412 396.747 97.900 441.325
201503 438.732 97.900 488.028
201506 457.474 98.400 506.290
201509 450.113 98.500 497.638
201512 451.349 98.100 501.039
201603 444.124 97.900 494.026
201606 422.195 98.100 468.675
201609 400.758 98.000 445.332
201612 416.136 98.400 460.541
201703 446.913 98.100 496.114
201706 435.699 98.500 481.702
201709 449.470 98.800 495.418
201712 463.151 99.400 507.416
201803 473.552 99.200 519.857
201806 459.037 99.200 503.923
201809 465.806 99.900 507.771
201812 473.273 99.700 516.945
201903 471.040 99.700 514.506
201906 465.038 99.800 507.441
201909 456.734 100.100 496.886
201912 454.710 100.500 492.716
202003 452.687 100.300 491.502
202006 432.031 99.900 470.953
202009 416.609 99.900 454.141
202012 421.633 99.300 462.395
202103 434.613 99.900 473.767
202106 461.759 99.500 505.382
202109 471.458 100.100 512.905
202112 484.368 100.100 526.950
202203 501.535 101.100 540.229
202206 528.611 101.800 565.479
202209 569.435 103.100 601.469
202212 604.745 104.100 632.629
202303 502.466 104.400 524.124
202306 514.276 105.200 532.364
202309 555.401 106.200 569.521
202312 584.578 106.800 596.073
202403 569.502 107.200 578.533
202409 661.734 108.900 661.734

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.


Kyosha Co  (TSE:6837) 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.


Kyosha Co Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Kyosha Co's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Kyosha Co Business Description

Industry
Traded in Other Exchanges
N/A
Address
300 Morimurahigashi, Kumiyama-cho, Kuse-gun, Kyoto, JPN, 6130024
Kyosha Co Ltd manufactures and sells printed wiring boards (PWBs), carrier jigs for mounting electrical components, and metal masks for solder paste in Japan, China, Southeast Asia, and the United States. The company offers dustless PWB Kyosha-MAX, single sided-multi-layered PWBs, and silver-plated through-hole PWBs, as well as PWB designing and prototyping services. It also provides MagiCarrier, a micro-component and thin board carrier; and MagiFix, a backup jig for solder print and mounter.

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