Kowa Co (TSE:7807) Cyclically Adjusted PB Ratio: 1.88 (As of Aug. 13, 2026) — Near 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:7807 Kowa Co Ltd TSE:7807
80 GF Score
Price 円882.00
GF Value 円1,119.97
Valuation Modestly Undervalued
! 1 Warning Sign
View Full Analysis

What is Kowa Co Cyclically Adjusted PB Ratio?

Kowa Co TSE:7807 +0.80% 80 Cyclically Adjusted PB Ratio is 1.88 as of Aug. 13, 2026, which is 3% above its 10-year median of 1.82. GuruFocus rates TSE:7807 with a GF Score™ of 80/100 and a GF Value™ of 円1,119.97 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 327 Furnishings, Fixtures & Appliances companies, Kowa Co ranks worse than 64.53% on this metric.

As of today (2026-08-13), Kowa Co's current share price is 円882.00. Kowa Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Feb26 was 円469.10. Kowa Co's Cyclically Adjusted PB Ratio for today is 1.88.

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

TSE:7807' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.71   Med: 1.82   Max: 2.16
Current: 1.81

During the past 11 years, Kowa Co's highest Cyclically Adjusted PB Ratio was 2.16. The lowest was 1.71. And the median was 1.82.

TSE:7807's Cyclically Adjusted PB Ratio is ranked worse than
64.53% of 327 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 1.18 vs TSE:7807: 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.

Kowa Co's adjusted book value per share data of for the fiscal year that ended in Feb26 was 円824.063. 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469.10 for the trailing ten years ended in Feb26.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kowa Co  (TSE:7807) 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.


Kowa Co Cyclically Adjusted PB Ratio Related Terms


Kowa Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Kowa 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.

Kowa Co Cyclically Adjusted PB Ratio Chart

Kowa Co Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 2.16 1.82

Kowa Co Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 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 0.00 0.00 0.00 1.82 0.00

TSE:7807 vs SN, SGI, MHK: Cyclically Adjusted PB Ratio Comparison

For the Furnishings, Fixtures & Appliances subindustry, Kowa 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.


Kowa Co Cyclically Adjusted PB Ratio vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Kowa Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TSE:7807
80GF Score
Kowa Co Ltd TSE:7807
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kowa 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=882.00/469.10
=1.88

* 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.

Kowa Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Feb26 is calculated as:

For example, Kowa Co's adjusted Book Value per Share data for the fiscal year that ended in Feb26 was:

Adj_Book=Book Value per Share/CPI of Feb26 (Change)*Current CPI (Feb26)
=824.063/112.2000*112.2000
=824.063

Current CPI (Feb26) = 112.2000.

Kowa Co Annual Data

Book Value per Share CPI Adj_Book
201702 182.993 98.100 209.295
201802 416.892 99.500 470.103
201902 293.456 99.700 330.248
202002 190.433 100.300 213.027
202102 273.376 99.800 307.343
202202 441.150 100.700 491.530
202302 501.539 104.000 541.083
202402 563.759 106.900 591.710
202502 703.693 110.800 712.584
202602 824.063 112.200 824.063

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 1.88 mean?
Kowa Co (TSE:7807) has a Cyclically Adjusted PB Ratio of 1.88 as of Aug. 13, 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 Kowa Co and its competitors. This is near median its historical median of 1.82. Over the past decade, Kowa Co's Cyclically Adjusted PB Ratio has ranged from 1.71 to 2.16. According to the industry distribution chart, Kowa Co ranks #211 out of 327 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 64.5%.
Is Kowa Co's Cyclically Adjusted PB Ratio too high?
Kowa Co's current Cyclically Adjusted PB Ratio of 1.88 is near median its 10-year median of 1.82. Over the past 10 years, this metric has ranged from a low of 1.71 to a high of 2.16. The Furnishings, Fixtures & Appliances industry median Cyclically Adjusted PB Ratio is 1.18. Kowa Co's value of 1.88 is 59.3% above this industry median. Based on the distribution chart, Kowa Co ranks #211 out of 327 companies in the Furnishings, Fixtures & Appliances industry, which is below the industry midpoint. Overall, Kowa Co has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Kowa Co's Cyclically Adjusted PB Ratio compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Kowa Co ranks #211 out of 327 companies for Cyclically Adjusted PB Ratio. This places Kowa Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.18. Kowa Co's value of 1.88 is 59.3% above this benchmark. Historically, Kowa Co's own Cyclically Adjusted PB Ratio has ranged from 1.71 to 2.16 over the past decade. While the company's 10-year median is 1.82 vs. the industry median of 1.18, Kowa 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 Furnishings, Fixtures & Appliances company?
The median Cyclically Adjusted PB Ratio among Furnishings, Fixtures & Appliances companies is 1.18, based on 327 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. Kowa Co's current Cyclically Adjusted PB Ratio of 1.88 is 59.3% 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 Kowa Co and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Cyclically Adjusted PB Ratio is 1.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kowa Co's current Cyclically Adjusted PB Ratio is 1.88, which is near median its own 10-year median of 1.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kowa Co stock overvalued right now?
Based on GuruFocus' analysis, Kowa Co (TSE:7807) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,119.97, compared to a current price of 円882.00 — trading 21.2% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.88, which is near median its 10-year median of 1.82 and 59.3% above the Furnishings, Fixtures & Appliances industry median of 1.18. Kowa Co's overall GF Score™ is 80/100 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 Kowa Co (TSE:7807), the current Cyclically Adjusted PB Ratio is 1.88 as of Aug. 13, 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 Kowa Co (TSE:7807) Overvalued in 2026?

Based on GuruFocus' analysis, Kowa Co stock appears to be undervalued. The current stock price of 円882.00 is trading 21.2% below its estimated GF Value™ of 円1,119.97. GuruFocus considers Kowa Co to be Modestly Undervalued.

Key valuation signals for TSE:7807:

  • Cyclically Adjusted PB Ratio: 1.88 (near median its 10-year median of 1.82)
  • GF Value™: 円1,119.97 vs. price of 円882.00 (21.2% below fair value)
  • GF Score™: 80/100 with 1 warning sign
  • Industry Position: 59.3% above the Furnishings, Fixtures & Appliances median (#211 of 327)

No single metric tells the full story. See the TSE:7807 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kowa Co Business Description

Address 3-159-1, Kaisan-cho, Sakai-ku, Sakai-shi, Osaka, JPN, 590-0982
Kowa Co Ltd is a Japan-based company engaged in manufacture and sale of welfare equipment. The company is involved in the production and sales of welfare nursing care products including walking cars and walking aids or walk assistance carts, silver cars, handrails, walking canes, bath related products, toilet-related products and life-support products. It supplies its products mainly to chain stores, wholesale trading companies for welfare equipment, national welfare equipment lease companies, department stores, mail-order companies and others.
80GF Score

Get the complete analysis for TSE:7807

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

円882.00
Price
円1,119.97
GF Value