Kojima Co (TSE:7513) Cyclically Adjusted PB Ratio: 1.76 (As of Aug. 11, 2026) — 76% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:7513 Kojima Co Ltd TSE:7513
62 GF Score
Price 円1,330.00
GF Value 円1,082.14
Valuation Modestly Overvalued
! 7 Warning Signs
View Full Analysis

What is Kojima Co Cyclically Adjusted PB Ratio?

Kojima Co TSE:7513 -2.64% 62 Cyclically Adjusted PB Ratio is 1.76 as of Aug. 11, 2026, which is 76% above its 10-year median of 1.00. GuruFocus rates TSE:7513 with a GF Score™ of 62/100 and a GF Value™ of 円1,082.14 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 803 Retail - Cyclical companies, Kojima Co ranks worse than 63.39% on this metric.

As of today (2026-08-11), Kojima Co's current share price is 円1330.00. Kojima Co's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2026 was 円755.74. Kojima Co's Cyclically Adjusted PB Ratio for today is 1.76.

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

TSE:7513' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.41   Med: 1   Max: 1.89
Current: 1.81

During the past years, Kojima Co's highest Cyclically Adjusted PB Ratio was 1.89. The lowest was 0.41. And the median was 1.00.

TSE:7513's Cyclically Adjusted PB Ratio is ranked worse than
63.39% of 803 companies
in the Retail - Cyclical industry
Industry Median: 1.25 vs TSE:7513: 1.81

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.

Kojima Co's adjusted book value per share data for the three months ended in Feb. 2026 was 円922.715. 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755.74 for the trailing ten years ended in Feb. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kojima Co  (TSE:7513) 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.


Kojima Co Cyclically Adjusted PB Ratio Related Terms


Kojima Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Kojima 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.

Kojima Co Cyclically Adjusted PB Ratio Chart

Kojima Co Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.02 1.05 0.98 1.45 1.53

Kojima Co Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 1.44 1.53 1.56 1.75 0.00

TSE:7513 vs CASY, WSM, ULTA: Cyclically Adjusted PB Ratio Comparison

For the Specialty Retail subindustry, Kojima 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.


Kojima Co Cyclically Adjusted PB Ratio vs Retail - Cyclical Industry

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

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


TSE:7513
62GF Score
Kojima Co Ltd TSE:7513
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kojima 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1330.00/755.74
=1.76

* 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.

Kojima Co's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2026 is calculated as:

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

Adj_Book=Book Value per Share/CPI of Feb. 2026 (Change)*Current CPI (Feb. 2026)
=922.715/112.2000*112.2000
=922.715

Current CPI (Feb. 2026) = 112.2000.

Kojima Co Quarterly Data

Book Value per Share CPI Adj_Book
201605 464.030 98.200 530.185
201608 468.625 97.900 537.076
201611 458.114 98.600 521.302
201702 470.717 98.100 538.374
201705 477.789 98.600 543.691
201708 499.288 98.500 568.732
201711 494.308 99.100 559.650
201802 511.044 99.500 576.273
201805 523.841 99.300 591.893
201808 543.067 99.800 610.542
201811 544.338 100.000 610.747
201902 573.730 99.700 645.662
201905 594.779 100.000 667.342
201908 627.215 100.000 703.735
201911 628.717 100.500 701.911
202002 631.848 100.300 706.813
202005 647.567 100.100 725.844
202008 695.721 100.100 779.819
202011 701.725 99.500 791.292
202102 729.337 99.800 819.956
202105 739.503 99.400 834.731
202108 764.932 99.700 860.836
202111 740.955 100.100 830.521
202202 772.271 100.700 860.465
202205 786.185 101.800 866.503
202208 803.172 102.700 877.467
202211 793.913 103.900 857.334
202302 810.498 104.000 874.403
202305 818.019 105.100 873.280
202308 826.322 105.900 875.480
202311 814.885 106.900 855.286
202402 832.816 106.900 874.106
202405 853.582 108.100 885.957
202408 863.383 109.100 887.915
202411 852.798 110.000 869.854
202502 879.214 110.800 890.323
202505 898.957 111.800 902.173
202508 908.675 112.100 909.486
202511 897.679 113.200 889.749
202602 922.715 112.200 922.715

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 1.76 mean?
Kojima Co (TSE:7513) has a Cyclically Adjusted PB Ratio of 1.76 as of Aug. 11, 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 Kojima Co and its competitors. This is 76% above median its historical median of 1.00. Over the past decade, Kojima Co's Cyclically Adjusted PB Ratio has ranged from 0.41 to 1.89. According to the industry distribution chart, Kojima Co ranks #509 out of 803 companies in the Retail - Cyclical industry, placing it in the top 63.4%.
Is Kojima Co's Cyclically Adjusted PB Ratio too high?
Kojima Co's current Cyclically Adjusted PB Ratio of 1.76 is 76% above median its 10-year median of 1.00. Over the past 10 years, this metric has ranged from a low of 0.41 to a high of 1.89. The Retail - Cyclical industry median Cyclically Adjusted PB Ratio is 1.25. Kojima Co's value of 1.76 is 40.8% above this industry median. Based on the distribution chart, Kojima Co ranks #509 out of 803 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, Kojima Co has a GF Score™ of 62/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kojima Co's Cyclically Adjusted PB Ratio compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Kojima Co ranks #509 out of 803 companies for Cyclically Adjusted PB Ratio. This places Kojima Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.25. Kojima Co's value of 1.76 is 40.8% above this benchmark. Historically, Kojima Co's own Cyclically Adjusted PB Ratio has ranged from 0.41 to 1.89 over the past decade. While the company's 10-year median is 1.00 vs. the industry median of 1.25, Kojima Co has consistently been above 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 1.25, based on 803 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. Kojima Co's current Cyclically Adjusted PB Ratio of 1.76 is 40.8% above 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 Kojima Co and its competitors. For the Retail - Cyclical industry, the median Cyclically Adjusted PB Ratio is 1.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kojima Co's current Cyclically Adjusted PB Ratio is 1.76, which is 76% above median its own 10-year median of 1.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kojima Co stock overvalued right now?
Based on GuruFocus' analysis, Kojima Co (TSE:7513) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,082.14, compared to a current price of 円1,330.00 — trading 22.9% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.76, which is 76% above median its 10-year median of 1.00 and 40.8% above the Retail - Cyclical industry median of 1.25. Kojima Co's overall GF Score™ is 62/100 with 7 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 Kojima Co (TSE:7513), the current Cyclically Adjusted PB Ratio is 1.76 as of Aug. 11, 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 Kojima Co (TSE:7513) Overvalued in 2026?

Based on GuruFocus' analysis, Kojima Co stock appears to be overvalued. The current stock price of 円1,330.00 is trading 22.9% above its estimated GF Value™ of 円1,082.14. GuruFocus considers Kojima Co to be Modestly Overvalued.

Key valuation signals for TSE:7513:

  • Cyclically Adjusted PB Ratio: 1.76 (76% above median its 10-year median of 1.00)
  • GF Value™: 円1,082.14 vs. price of 円1,330.00 (22.9% above fair value)
  • GF Score™: 62/100 with 7 warning signs
  • Industry Position: 40.8% above the Retail - Cyclical median (#509 of 803)

No single metric tells the full story. See the TSE:7513 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kojima Co Business Description

Address 1-8, Hoshigaoka 2-chome, Tochigi Prefecture, Utsunomiya, JPN, 320-8528
Kojima Co Ltd operates as a retail business, engaged in the sales, repair, and installation of household electrical appliances and electrical products. Its offerings include Audio-visual products, home electrical appliances, information and communication equipment, and other products, such as sports goods, watches, etc. The company also provides air conditioners, cooling/heating products, heaters, stoves, hot carpets, electric blankets, dehumidifiers, humidifiers, air purifiers/ion generators, aromas, and fans/circulators.
62GF Score

Get the complete analysis for TSE:7513

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

円1,330.00
Price
円1,082.14
GF Value