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KDX Realty Investment (TSE:8972) Cyclically Adjusted PB Ratio : 1.07 (As of Jun. 30, 2025)


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What is KDX Realty Investment Cyclically Adjusted PB Ratio?

As of today (2025-06-30), KDX Realty Investment's current share price is 円156100.00. KDX Realty Investment's Cyclically Adjusted Book per Share for the fiscal year that ended in Oct24 was 円146,233.84. KDX Realty Investment's Cyclically Adjusted PB Ratio for today is 1.07.

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

TSE:8972' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.8   Med: 1.16   Max: 1.65
Current: 1.07

During the past 13 years, KDX Realty Investment's highest Cyclically Adjusted PB Ratio was 1.65. The lowest was 0.80. And the median was 1.16.

TSE:8972's Cyclically Adjusted PB Ratio is ranked worse than
64.33% of 527 companies
in the REITs industry
Industry Median: 0.81 vs TSE:8972: 1.07

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.

KDX Realty Investment's adjusted book value per share data of for the fiscal year that ended in Oct24 was 円155,886.073. 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146,233.84 for the trailing ten years ended in Oct24.

Shiller PE for Stocks: The True Measure of Stock Valuation


KDX Realty Investment Cyclically Adjusted PB Ratio Historical Data

The historical data trend for KDX Realty Investment'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.

* Premium members only.

KDX Realty Investment Cyclically Adjusted PB Ratio Chart

KDX Realty Investment Annual Data
Trend Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.12 1.34 1.22 1.11 0.99

KDX Realty Investment Semi-Annual Data
Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25
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 - 1.11 - 0.99 -

Competitive Comparison of KDX Realty Investment's Cyclically Adjusted PB Ratio

For the REIT - Diversified subindustry, KDX Realty Investment'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.


KDX Realty Investment's Cyclically Adjusted PB Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, KDX Realty Investment's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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KDX Realty Investment 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.

KDX Realty Investment's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=156100.00/146233.84
=1.07

* 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.

KDX Realty Investment's Cyclically Adjusted Book per Share for the fiscal year that ended in Oct24 is calculated as:

For example, KDX Realty Investment's adjusted Book Value per Share data for the fiscal year that ended in Oct24 was:

Adj_Book=Book Value per Share/CPI of Oct24 (Change)*Current CPI (Oct24)
=155886.073/109.5000*109.5000
=155,886.073

Current CPI (Oct24) = 109.5000.

KDX Realty Investment Annual Data

Book Value per Share CPI Adj_Book
201510 130,811.593 98.500 145,419.994
201610 131,373.702 98.600 145,896.758
201710 131,389.756 98.800 145,619.213
201810 133,788.553 100.200 146,206.053
201910 133,766.687 100.400 145,890.958
202010 134,577.056 99.800 147,657.191
202110 134,506.919 99.900 147,432.509
202210 135,275.375 103.700 142,841.404
202310 136,430.961 107.100 139,488.237
202410 155,886.073 109.500 155,886.073

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.


KDX Realty Investment  (TSE:8972) 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.


KDX Realty Investment Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of KDX Realty Investment's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


KDX Realty Investment Business Description

Traded in Other Exchanges
N/A
Address
2-1-6 Uchisaiwaicho, Chiyoda-ku, Tokyo, JPN, 105-0004
KDX Realty Investment Corp is a Japan-based real estate investment trust. It is engaged in the business of investing in office and residential buildings. The company has around 100 properties, which include Mid-sized Office Buildings and other office buildings, central urban properties, residential properties, and others. The company owns properties in 5 Central wards of Tokyo, Tokyo Metropolitan area, and other regional areas.

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