Kanaden (TSE:8081) Cyclically Adjusted PB Ratio: 1.35 (As of Aug. 14, 2026) — 36% Above Median

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TSE:8081 Kanaden Corp TSE:8081
86 GF Score
Price 円2,474.00
GF Value 円2,218.80
Valuation Modestly Overvalued
! 2 Warning Signs
View Full Analysis

What is Kanaden Cyclically Adjusted PB Ratio?

Kanaden TSE:8081 +0.69% 86 Cyclically Adjusted PB Ratio is 1.35 as of Aug. 14, 2026, which is 36% above its 10-year median of 0.99. GuruFocus rates TSE:8081 with a GF Score™ of 86/100 and a GF Value™ of 円2,218.80 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 458 Conglomerates companies, Kanaden ranks worse than 58.52% on this metric.

As of today (2026-08-14), Kanaden's current share price is 円2474.00. Kanaden's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円1,839.09. Kanaden's Cyclically Adjusted PB Ratio for today is 1.35.

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

TSE:8081' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.68   Med: 0.99   Max: 1.44
Current: 1.35

During the past years, Kanaden's highest Cyclically Adjusted PB Ratio was 1.44. The lowest was 0.68. And the median was 0.99.

TSE:8081's Cyclically Adjusted PB Ratio is ranked worse than
58.52% of 458 companies
in the Conglomerates industry
Industry Median: 1.015 vs TSE:8081: 1.35

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.

Kanaden's adjusted book value per share data for the three months ended in Mar. 2026 was 円2,282.966. 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1,839.09 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kanaden  (TSE:8081) 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.


Kanaden Cyclically Adjusted PB Ratio Related Terms


Kanaden Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Kanaden'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.

Kanaden Cyclically Adjusted PB Ratio Chart

Kanaden 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 0.72 0.78 0.94 0.85 1.11

Kanaden 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 1.15 1.16 1.18 1.11 0.00

TSE:8081 vs MMM, HON: Cyclically Adjusted PB Ratio Comparison

For the Conglomerates subindustry, Kanaden'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.


Kanaden Cyclically Adjusted PB Ratio vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Kanaden's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TSE:8081
86GF Score
Kanaden Corp TSE:8081
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kanaden 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2474.00/1839.09
=1.35

* 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.

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

For example, Kanaden'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)
=2282.966/112.7000*112.7000
=2,282.966

Current CPI (Mar. 2026) = 112.7000.

Kanaden Quarterly Data

Book Value per Share CPI Adj_Book
201603 1,275.459 97.900 1,468.276
201606 1,257.248 98.100 1,444.361
201609 1,285.378 98.000 1,478.185
201612 1,310.788 98.400 1,501.279
201703 1,363.974 98.100 1,566.971
201706 1,360.458 98.500 1,556.585
201709 1,400.000 98.800 1,596.964
201712 1,422.856 99.400 1,613.238
201803 1,453.500 99.200 1,651.305
201806 1,434.913 99.200 1,630.188
201809 1,475.527 99.900 1,664.584
201812 1,447.529 99.700 1,636.274
201903 1,517.431 99.700 1,715.291
201906 1,496.612 99.800 1,690.062
201909 1,558.860 100.100 1,755.080
201912 1,555.559 100.500 1,744.393
202003 1,568.427 100.300 1,762.330
202006 1,556.885 99.900 1,756.366
202009 1,575.899 99.900 1,777.816
202012 1,592.798 99.300 1,807.738
202103 1,659.336 99.900 1,871.944
202106 1,647.109 99.500 1,865.620
202109 1,667.276 100.100 1,877.143
202112 1,657.994 100.100 1,866.693
202203 1,710.805 101.100 1,907.099
202206 1,711.105 101.800 1,894.318
202209 1,753.904 103.100 1,917.216
202212 1,772.882 104.100 1,919.345
202303 1,893.820 104.400 2,044.382
202306 1,906.922 105.200 2,042.872
202309 1,954.293 106.200 2,073.906
202312 1,954.208 106.800 2,062.165
202403 2,048.222 107.200 2,153.308
202406 2,039.396 108.200 2,124.214
202409 2,063.810 108.900 2,135.825
202503 2,153.674 111.100 2,184.690
202506 2,131.682 111.700 2,150.766
202509 2,175.996 112.000 2,189.596
202512 2,188.016 113.000 2,182.207
202603 2,282.966 112.700 2,282.966

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 1.35 mean?
Kanaden (TSE:8081) has a Cyclically Adjusted PB Ratio of 1.35 as of Aug. 14, 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 Kanaden and its competitors. This is 36% above median its historical median of 0.99. Over the past decade, Kanaden's Cyclically Adjusted PB Ratio has ranged from 0.68 to 1.44. According to the industry distribution chart, Kanaden ranks #268 out of 458 companies in the Conglomerates industry, placing it in the top 58.5%.
Is Kanaden's Cyclically Adjusted PB Ratio too high?
Kanaden's current Cyclically Adjusted PB Ratio of 1.35 is 36% above median its 10-year median of 0.99. Over the past 10 years, this metric has ranged from a low of 0.68 to a high of 1.44. The Conglomerates industry median Cyclically Adjusted PB Ratio is 1.02. Kanaden's value of 1.35 is 33% above this industry median. Based on the distribution chart, Kanaden ranks #268 out of 458 companies in the Conglomerates industry, which is below the industry midpoint. Overall, Kanaden has a GF Score™ of 86/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kanaden's Cyclically Adjusted PB Ratio compare to MMM and HON?
According to the Conglomerates industry distribution chart, Kanaden ranks #268 out of 458 companies for Cyclically Adjusted PB Ratio. This places Kanaden in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.02. Kanaden's value of 1.35 is 33% above this benchmark. Historically, Kanaden's own Cyclically Adjusted PB Ratio has ranged from 0.68 to 1.44 over the past decade. While the company's 10-year median is 0.99 vs. the industry median of 1.02, Kanaden 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 Conglomerates company?
The median Cyclically Adjusted PB Ratio among Conglomerates companies is 1.02, based on 458 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. Kanaden's current Cyclically Adjusted PB Ratio of 1.35 is 33% 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 Kanaden and its competitors. For the Conglomerates industry, the median Cyclically Adjusted PB Ratio is 1.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kanaden's current Cyclically Adjusted PB Ratio is 1.35, which is 36% above median its own 10-year median of 0.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kanaden stock overvalued right now?
Based on GuruFocus' analysis, Kanaden (TSE:8081) is currently considered Modestly Overvalued. The stock's GF Value™ is 円2,218.80, compared to a current price of 円2,474.00 — trading 11.5% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.35, which is 36% above median its 10-year median of 0.99 and 33% above the Conglomerates industry median of 1.02. Kanaden's overall GF Score™ is 86/100 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 Kanaden (TSE:8081), the current Cyclically Adjusted PB Ratio is 1.35 as of Aug. 14, 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 Kanaden (TSE:8081) Overvalued in 2026?

Based on GuruFocus' analysis, Kanaden stock appears to be overvalued. The current stock price of 円2,474.00 is trading 11.5% above its estimated GF Value™ of 円2,218.80. GuruFocus considers Kanaden to be Modestly Overvalued.

Key valuation signals for TSE:8081:

  • Cyclically Adjusted PB Ratio: 1.35 (36% above median its 10-year median of 0.99)
  • GF Value™: 円2,218.80 vs. price of 円2,474.00 (11.5% above fair value)
  • GF Score™: 86/100 with 2 warning signs
  • Industry Position: 33% above the Conglomerates median (#268 of 458)

No single metric tells the full story. See the TSE:8081 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kanaden Business Description

Address Triton square z, 1-8-12, Harumi, Chuo-ku, Tokyo, JPN, 104-6215
Kanaden Corp engages in the manufacture and sale of various types of electrical, electronic, communications machinery, related components, and materials. Its FA Systems segment provides factory automation equipment, laser processing machines, and mechatronic products. The building facilities segment offers uninterruptible power supplies, building management systems, and air-conditioning equipment. The infrastructure segment manages the sale of substation power equipment, telecommunications equipment, and vehicle-use electrical equipment. It also sells systems for traffic safety, air traffic control. The Information and Device Business segment handles the sale of microcomputers for security systems, video systems, telecommunications equipment, and automobiles.
86GF Score

Get the complete analysis for TSE:8081

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

円2,474.00
Price
円2,218.80
GF Value