KYB (TSE:7242) Cyclically Adjusted PB Ratio: 1.24 (As of Aug. 16, 2026) — 107% Above Median

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TSE:7242 KYB Corp TSE:7242
75 GF Score
Price 円4,635.00
GF Value 円3,714.33
Valuation Modestly Overvalued
! 5 Warning Signs
View Full Analysis

What is KYB Cyclically Adjusted PB Ratio?

KYB TSE:7242 +1.98% 75 Cyclically Adjusted PB Ratio is 1.24 as of Aug. 16, 2026, which is 107% above its 10-year median of 0.60. GuruFocus rates TSE:7242 with a GF Score™ of 75/100 and a GF Value™ of 円3,714.33 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 972 Vehicles & Parts companies, KYB ranks better than 51.34% on this metric.

As of today (2026-08-16), KYB's current share price is 円4635.00. KYB's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was 円3,730.63. KYB's Cyclically Adjusted PB Ratio for today is 1.24.

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

TSE:7242' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.3   Med: 0.6   Max: 1.48
Current: 1.24

During the past years, KYB's highest Cyclically Adjusted PB Ratio was 1.48. The lowest was 0.30. And the median was 0.60.

TSE:7242's Cyclically Adjusted PB Ratio is ranked better than
51.34% of 972 companies
in the Vehicles & Parts industry
Industry Median: 1.28 vs TSE:7242: 1.24

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.

KYB's adjusted book value per share data for the three months ended in Jun. 2026 was 円5,795.108. 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3,730.63 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


KYB  (TSE:7242) 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.


KYB Cyclically Adjusted PB Ratio Related Terms


KYB Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for KYB'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.

KYB Cyclically Adjusted PB Ratio Chart

KYB 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 0.52 0.66 0.80 0.86 1.14

KYB 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 0.87 1.12 1.25 1.14 1.03

TSE:7242 vs ORLY, AZO: Cyclically Adjusted PB Ratio Comparison

For the Auto Parts subindustry, KYB'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.


KYB Cyclically Adjusted PB Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, KYB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TSE:7242
75GF Score
KYB Corp TSE:7242
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

KYB 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.

KYB's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4635.00/3730.63
=1.24

* 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.

KYB's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, KYB's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=5795.108/113.6000*113.6000
=5,795.108

Current CPI (Jun. 2026) = 113.6000.

KYB Quarterly Data

Book Value per Share CPI Adj_Book
201609 2,862.491 98.000 3,318.153
201612 3,101.067 98.400 3,580.094
201703 3,215.748 98.100 3,723.843
201706 3,307.641 98.500 3,814.701
201709 3,435.606 98.800 3,950.251
201712 3,533.371 99.400 4,038.138
201803 3,527.667 99.200 4,039.748
201806 3,550.236 99.200 4,065.593
201809 3,269.373 99.900 3,717.725
201812 3,087.945 99.700 3,518.461
201903 2,923.209 99.700 3,330.758
201906 2,906.865 99.800 3,308.816
201909 2,867.168 100.100 3,253.849
201912 2,738.701 100.500 3,095.686
202003 1,450.378 100.300 1,642.701
202006 1,411.776 99.900 1,605.383
202009 1,427.397 99.900 1,623.146
202012 1,606.937 99.300 1,838.349
202103 2,166.644 99.900 2,463.771
202106 2,469.013 99.500 2,818.893
202109 2,572.927 100.100 2,919.925
202112 2,732.642 100.100 3,101.180
202203 3,003.113 101.100 3,374.418
202206 3,248.591 101.800 3,625.147
202209 3,398.363 103.100 3,744.462
202212 3,315.480 104.100 3,618.045
202303 3,577.957 104.400 3,893.256
202306 3,742.206 105.200 4,041.013
202309 3,876.405 106.200 4,146.512
202312 3,819.699 106.800 4,062.901
202403 4,336.708 107.200 4,595.616
202406 0.000 108.200 0.000
202409 4,311.789 108.900 4,497.881
202412 4,521.357 110.700 4,639.803
202503 4,708.202 111.100 4,814.147
202506 4,988.323 111.700 5,073.174
202509 5,280.890 112.000 5,356.331
202512 5,585.522 113.000 5,615.180
202603 5,786.078 112.700 5,832.284
202606 5,795.108 113.600 5,795.108

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 1.24 mean?
KYB (TSE:7242) has a Cyclically Adjusted PB Ratio of 1.24 as of Aug. 16, 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 KYB and its competitors. This is 107% above median its historical median of 0.60. Over the past decade, KYB's Cyclically Adjusted PB Ratio has ranged from 0.30 to 1.48. According to the industry distribution chart, KYB ranks #473 out of 972 companies in the Vehicles & Parts industry, placing it in the top 48.7%.
Is KYB's Cyclically Adjusted PB Ratio too high?
KYB's current Cyclically Adjusted PB Ratio of 1.24 is 107% above median its 10-year median of 0.60. Over the past 10 years, this metric has ranged from a low of 0.30 to a high of 1.48. The Vehicles & Parts industry median Cyclically Adjusted PB Ratio is 1.28. KYB's value of 1.24 is 3.1% below this industry median. Based on the distribution chart, KYB ranks #473 out of 972 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, KYB has a GF Score™ of 75/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does KYB's Cyclically Adjusted PB Ratio compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, KYB ranks #473 out of 972 companies for Cyclically Adjusted PB Ratio. This puts KYB in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.28. KYB's value of 1.24 is 3.1% below this benchmark. Historically, KYB's own Cyclically Adjusted PB Ratio has ranged from 0.30 to 1.48 over the past decade. While the company's 10-year median is 0.60 vs. the industry median of 1.28, KYB 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 Vehicles & Parts company?
The median Cyclically Adjusted PB Ratio among Vehicles & Parts companies is 1.28, based on 972 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. KYB's current Cyclically Adjusted PB Ratio of 1.24 is 3.1% 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 KYB and its competitors. For the Vehicles & Parts industry, the median Cyclically Adjusted PB Ratio is 1.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. KYB's current Cyclically Adjusted PB Ratio is 1.24, which is 107% above median its own 10-year median of 0.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KYB stock overvalued right now?
Based on GuruFocus' analysis, KYB (TSE:7242) is currently considered Modestly Overvalued. The stock's GF Value™ is 円3,714.33, compared to a current price of 円4,635.00 — trading 24.8% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.24, which is 107% above median its 10-year median of 0.60 and 3.1% below the Vehicles & Parts industry median of 1.28. KYB's overall GF Score™ is 75/100 with 5 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 KYB (TSE:7242), the current Cyclically Adjusted PB Ratio is 1.24 as of Aug. 16, 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 KYB (TSE:7242) Overvalued in 2026?

Based on GuruFocus' analysis, KYB stock appears to be overvalued. The current stock price of 円4,635.00 is trading 24.8% above its estimated GF Value™ of 円3,714.33. GuruFocus considers KYB to be Modestly Overvalued.

Key valuation signals for TSE:7242:

  • Cyclically Adjusted PB Ratio: 1.24 (107% above median its 10-year median of 0.60)
  • GF Value™: 円3,714.33 vs. price of 円4,635.00 (24.8% above fair value)
  • GF Score™: 75/100 with 5 warning signs
  • Industry Position: 3.1% below the Vehicles & Parts median (#473 of 972)

No single metric tells the full story. See the TSE:7242 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


KYB Business Description

Other Exchanges 60V:Germany
Address World Trade Center Building, 11th Floor, 4-1, Hamamatsu-cho 2-chome, Minato-ku, Tokyo, JPN, 105-6111
KYB Corp is a Japanese automobile equipment manufacturer. The company products are divided into three branches hydraulic components (HC), automotive components (AC) and others. Through its operating segments, it provides various products such as shock absorber, suspension system, power steering, motion simulators, front fork and oil cushion unit, tunnel borers, vane pump and electronic parts. It also provides concrete mixer trucks, granule carriers, chipping vehicle and special function vehicles. The majority of the sales are accounted from the AC and HC products.
75GF Score

Get the complete analysis for TSE:7242

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

円4,635.00
Price
円3,714.33
GF Value