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Kokuyo CoTSE:7984 +0.17%92 Cyclically Adjusted PB Ratio is 1.60 as of Aug. 08, 2026, which is 40% above its 10-year median of 1.14. GuruFocus rates TSE:7984 with a GF Score™ of 92/100 and a GF Value™ of 円737.71 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 2,252 Industrial Products companies, Kokuyo Co ranks better than 59.28% on this metric.
The historical rank and industry rank for Kokuyo Co's Cyclically Adjusted PB Ratio or its related term are showing as below:
TSE:7984'
s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.71 Med: 1.14 Max: 1.81
Current: 1.6
During the past years, Kokuyo Co's highest Cyclically Adjusted PB Ratio was 1.81. The lowest was 0.71. And the median was 1.14.
TSE:7984's Cyclically Adjusted PB Ratio is ranked better than 59.28% of 2252
companies
in the Industrial Products industry
Industry Median: 2.07
vs TSE:7984: 1.60
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.
Kokuyo Co's adjusted book value per share data for the three months ended in Jun. 2026 was 円604.151. 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545.78 for the trailing ten years ended in Jun. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Kokuyo Co (TSE:7984) 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.
Kokuyo Co Cyclically Adjusted PB Ratio Related Terms
Kokuyo Co Cyclically Adjusted PB Ratio Historical Data
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The historical data trend for Kokuyo 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.
Kokuyo Co Cyclically Adjusted PB Ratio Competitor Comparison
For the Business Equipment & Supplies subindustry, Kokuyo 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.
Kokuyo Co Cyclically Adjusted PB Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Kokuyo Co's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where Kokuyo Co's Cyclically Adjusted PB Ratio falls into.
Kokuyo 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.
Kokuyo Co's Cyclically Adjusted PB Ratio for today is calculated as
* 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.
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 1.60 mean?
Kokuyo Co (TSE:7984) has a Cyclically Adjusted PB Ratio of 1.60 as of Aug. 08, 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 Kokuyo Co and its competitors. This is 40% above median its historical median of 1.14. Over the past decade, Kokuyo Co's Cyclically Adjusted PB Ratio has ranged from 0.71 to 1.81. According to the industry distribution chart, Kokuyo Co ranks #917 out of 2252 companies in the Industrial Products industry, placing it in the top 40.7%.
Is Kokuyo Co's Cyclically Adjusted PB Ratio too high?
Kokuyo Co's current Cyclically Adjusted PB Ratio of 1.60 is 40% above median its 10-year median of 1.14. Over the past 10 years, this metric has ranged from a low of 0.71 to a high of 1.81. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.07. Kokuyo Co's value of 1.60 is 22.7% below this industry median. Based on the distribution chart, Kokuyo Co ranks #917 out of 2252 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Kokuyo Co has a GF Score™ of 92/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kokuyo Co's Cyclically Adjusted PB Ratio compare to competitors?
According to the Industrial Products industry distribution chart, Kokuyo Co ranks #917 out of 2252 companies for Cyclically Adjusted PB Ratio. This puts Kokuyo Co in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.07. Kokuyo Co's value of 1.60 is 22.7% below this benchmark. Historically, Kokuyo Co's own Cyclically Adjusted PB Ratio has ranged from 0.71 to 1.81 over the past decade. While the company's 10-year median is 1.14 vs. the industry median of 2.07, Kokuyo 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 an Industrial Products company?
The median Cyclically Adjusted PB Ratio among Industrial Products companies is 2.07, based on 2,252 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. Kokuyo Co's current Cyclically Adjusted PB Ratio of 1.60 is 22.7% 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 Kokuyo Co and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kokuyo Co's current Cyclically Adjusted PB Ratio is 1.60, which is 40% above median its own 10-year median of 1.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kokuyo Co stock overvalued right now?
Based on GuruFocus' analysis, Kokuyo Co (TSE:7984) is currently considered Modestly Overvalued. The stock's GF Value™ is 円737.71, compared to a current price of 円875.40 — trading 18.7% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.60, which is 40% above median its 10-year median of 1.14 and 22.7% below the Industrial Products industry median of 2.07. Kokuyo Co's overall GF Score™ is 92/100 with 2 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 Kokuyo Co (TSE:7984), the current Cyclically Adjusted PB Ratio is 1.60 as of Aug. 08, 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 Kokuyo Co (TSE:7984) Overvalued in 2026?
Based on GuruFocus' analysis, Kokuyo Co stock appears to be overvalued.
The current stock price of 円875.40 is trading 18.7% above its estimated GF Value™ of 円737.71.
GuruFocus considers Kokuyo Co to be Modestly Overvalued.
Key valuation signals for TSE:7984:
Cyclically Adjusted PB Ratio: 1.60 (40% above median its 10-year median of 1.14)
GF Value™: 円737.71 vs. price of 円875.40 (18.7% above fair value)
Industry Position: 22.7% below the Industrial Products median (#917 of 2252)
No single metric tells the full story. See the TSE:7984 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kokuyo Co Ltd is engaged in the manufacture, purchase, and sale of stationery, office furniture, and store utensils for retail businesses, as well as space design and consultation. The company operates through four segments: stationery, furniture, mail-order, and retail. The stationery business supplies stationery in Japan and other regions, including Vietnam, China, and India. The furniture business consists of the production and sale of office furniture, store fixtures, and furniture for public and commercial spaces. The mail-order and retail business provides mail-order services for individuals and retail and wholesale businesses, along with electronic purchasing systems and the operation of information sites.
92GF Score
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