Harima-Kyowa Co (TSE:7444) Cyclically Adjusted PB Ratio: 0.49 (As of Aug. 27, 2026) — 17% Below Median

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TSE:7444 Harima-Kyowa Co Ltd TSE:7444
70 GF Score
Price 円1,989.00
GF Value 円1,866.14
Valuation Fairly Valued
! 1 Warning Sign
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What is Harima-Kyowa Co Cyclically Adjusted PB Ratio?

Harima-Kyowa Co TSE:7444 +0.25% 70 Cyclically Adjusted PB Ratio is 0.49 as of Aug. 27, 2026, which is 17% below its 10-year median of 0.59. GuruFocus rates TSE:7444 with a GF Score™ of 70/100 and a GF Value™ of 円1,866.14 (Fairly Valued). The stock has 1 warning sign investors should review. Among 770 Retail - Cyclical companies, Harima-Kyowa Co ranks better than 77.01% on this metric.

As of today (2026-08-27), Harima-Kyowa Co's current share price is 円1989.00. Harima-Kyowa Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円4,047.47. Harima-Kyowa Co's Cyclically Adjusted PB Ratio for today is 0.49.

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

TSE:7444' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.47   Med: 0.59   Max: 1.06
Current: 0.49

During the past years, Harima-Kyowa Co's highest Cyclically Adjusted PB Ratio was 1.06. The lowest was 0.47. And the median was 0.59.

TSE:7444's Cyclically Adjusted PB Ratio is ranked better than
77.01% of 770 companies
in the Retail - Cyclical industry
Industry Median: 1.215 vs TSE:7444: 0.49

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.

Harima-Kyowa Co's adjusted book value per share data for the three months ended in Mar. 2026 was 円4,871.923. 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4,047.47 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Harima-Kyowa Co  (TSE:7444) 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.


Harima-Kyowa Co Cyclically Adjusted PB Ratio Related Terms


Harima-Kyowa Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Harima-Kyowa 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.

Harima-Kyowa Co Cyclically Adjusted PB Ratio Chart

Harima-Kyowa 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 0.55 0.50 0.68 0.51 0.49

Harima-Kyowa Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 0.48 0.49 0.48 0.49 0.00

TSE:7444 vs DDS: Cyclically Adjusted PB Ratio Comparison

For the Department Stores subindustry, Harima-Kyowa 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.


Harima-Kyowa Co Cyclically Adjusted PB Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Harima-Kyowa Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TSE:7444
70GF Score
Harima-Kyowa Co Ltd TSE:7444
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Harima-Kyowa 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.

Harima-Kyowa Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1989.00/4047.47
=0.49

* 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.

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

For example, Harima-Kyowa 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)
=4871.923/112.7000*112.7000
=4,871.923

Current CPI (Mar. 2026) = 112.7000.

Harima-Kyowa Co Quarterly Data

Book Value per Share CPI Adj_Book
201603 2,667.752 97.900 3,071.049
201606 2,739.569 98.100 3,147.293
201609 2,838.090 98.000 3,263.804
201612 2,878.677 98.400 3,297.021
201703 2,884.736 98.100 3,314.065
201706 2,914.858 98.500 3,335.071
201709 3,007.653 98.800 3,430.794
201712 3,066.510 99.400 3,476.818
201803 3,106.579 99.200 3,529.349
201806 3,131.249 99.200 3,557.377
201809 3,203.109 99.900 3,613.517
201812 3,195.470 99.700 3,612.131
201903 3,253.106 99.700 3,677.282
201906 3,255.768 99.800 3,676.604
201909 3,345.267 100.100 3,766.350
201912 3,413.776 100.500 3,828.185
202003 3,410.792 100.300 3,832.465
202006 3,487.051 99.900 3,933.840
202009 3,616.936 99.900 4,080.367
202012 3,687.181 99.300 4,184.746
202103 3,743.933 99.900 4,223.636
202106 3,695.096 99.500 4,185.300
202109 3,767.963 100.100 4,242.252
202112 3,788.011 100.100 4,264.824
202203 3,905.412 101.100 4,353.511
202206 3,900.527 101.800 4,318.167
202209 3,965.171 103.100 4,334.382
202212 4,060.284 104.100 4,395.716
202303 4,130.016 104.400 4,458.360
202306 4,166.176 105.200 4,463.194
202309 4,225.491 106.200 4,484.113
202312 4,353.410 106.800 4,593.907
202403 4,490.362 107.200 4,720.744
202406 4,466.166 108.200 4,651.912
202409 4,582.635 108.900 4,742.543
202503 4,602.723 111.100 4,669.009
202506 4,636.717 111.700 4,678.227
202509 4,778.346 112.000 4,808.211
202512 4,823.624 113.000 4,810.818
202603 4,871.923 112.700 4,871.923

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 0.49 mean?
Harima-Kyowa Co (TSE:7444) has a Cyclically Adjusted PB Ratio of 0.49 as of Aug. 27, 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 Harima-Kyowa Co and its competitors. This is 17% below median its historical median of 0.59. Over the past decade, Harima-Kyowa Co's Cyclically Adjusted PB Ratio has ranged from 0.47 to 1.06. According to the industry distribution chart, Harima-Kyowa Co ranks #177 out of 770 companies in the Retail - Cyclical industry, placing it in the top 23%.
Is Harima-Kyowa Co's Cyclically Adjusted PB Ratio too high?
Harima-Kyowa Co's current Cyclically Adjusted PB Ratio of 0.49 is 17% below median its 10-year median of 0.59. Over the past 10 years, this metric has ranged from a low of 0.47 to a high of 1.06. The Retail - Cyclical industry median Cyclically Adjusted PB Ratio is 1.22. Harima-Kyowa Co's value of 0.49 is 59.7% below this industry median. Based on the distribution chart, Harima-Kyowa Co ranks #177 out of 770 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Harima-Kyowa Co has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Harima-Kyowa Co's Cyclically Adjusted PB Ratio compare to DDS?
According to the Retail - Cyclical industry distribution chart, Harima-Kyowa Co ranks #177 out of 770 companies for Cyclically Adjusted PB Ratio. This places Harima-Kyowa Co in the top 23% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.22. Harima-Kyowa Co's value of 0.49 is 59.7% below this benchmark. Historically, Harima-Kyowa Co's own Cyclically Adjusted PB Ratio has ranged from 0.47 to 1.06 over the past decade. While the company's 10-year median is 0.59 vs. the industry median of 1.22, Harima-Kyowa Co 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 Retail - Cyclical company?
The median Cyclically Adjusted PB Ratio among Retail - Cyclical companies is 1.22, based on 770 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. Harima-Kyowa Co's current Cyclically Adjusted PB Ratio of 0.49 is 59.7% 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 Harima-Kyowa Co and its competitors. For the Retail - Cyclical industry, the median Cyclically Adjusted PB Ratio is 1.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Harima-Kyowa Co's current Cyclically Adjusted PB Ratio is 0.49, which is 17% below median its own 10-year median of 0.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Harima-Kyowa Co stock overvalued right now?
Based on GuruFocus' analysis, Harima-Kyowa Co (TSE:7444) is currently considered Fairly Valued. The stock's GF Value™ is 円1,866.14, compared to a current price of 円1,989.00 — trading 6.6% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.49, which is 17% below median its 10-year median of 0.59 and 59.7% below the Retail - Cyclical industry median of 1.22. Harima-Kyowa Co's overall GF Score™ is 70/100 with 1 warning sign 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 Harima-Kyowa Co (TSE:7444), the current Cyclically Adjusted PB Ratio is 0.49 as of Aug. 27, 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 Harima-Kyowa Co (TSE:7444) Overvalued in 2026?

Based on GuruFocus' analysis, Harima-Kyowa Co stock appears to be overvalued. The current stock price of 円1,989.00 is trading 6.6% above its estimated GF Value™ of 円1,866.14. GuruFocus considers Harima-Kyowa Co to be Fairly Valued.

Key valuation signals for TSE:7444:

  • Cyclically Adjusted PB Ratio: 0.49 (17% below median its 10-year median of 0.59)
  • GF Value™: 円1,866.14 vs. price of 円1,989.00 (6.6% above fair value)
  • GF Score™: 70/100 with 1 warning sign
  • Industry Position: 59.7% below the Retail - Cyclical median (#177 of 770)

No single metric tells the full story. See the TSE:7444 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Harima-Kyowa Co Business Description

Address Shikitochosho 313, Himeji, JPN
Harima-Kyowa Co Ltd is an early stage firm, that provides an information system specialized in wholesale and store management. It offers wholesale detergent-related products, cosmetics, toiletries, household products, and sanitary goods. The Company operates a leasing business as well.
70GF Score

Get the complete analysis for TSE:7444

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

円1,989.00
Price
円1,866.14
GF Value