Kintetsu Group Holdings Co (TSE:9041) Cyclically Adjusted PB Ratio: 1.51 (As of Aug. 25, 2026) — 38% Below Median

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TSE:9041 Kintetsu Group Holdings Co Ltd TSE:9041
76 GF Score
Price 円3,584.00
GF Value 円3,610.75
Valuation Fairly Valued
! 5 Warning Signs
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What is Kintetsu Group Holdings Co Cyclically Adjusted PB Ratio?

Kintetsu Group Holdings Co TSE:9041 +0.62% 76 Cyclically Adjusted PB Ratio is 1.51 as of Aug. 25, 2026, which is 38% below its 10-year median of 2.44. GuruFocus rates TSE:9041 with a GF Score™ of 76/100 and a GF Value™ of 円3,610.75 (Fairly Valued). The stock has 5 warning signs investors should review. Among 433 Conglomerates companies, Kintetsu Group Holdings Co ranks worse than 64.43% on this metric.

As of today (2026-08-25), Kintetsu Group Holdings Co's current share price is 円3584.00. Kintetsu Group Holdings Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円2,366.13. Kintetsu Group Holdings Co's Cyclically Adjusted PB Ratio for today is 1.51.

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

TSE:9041' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.2   Med: 2.44   Max: 4.14
Current: 1.5

During the past years, Kintetsu Group Holdings Co's highest Cyclically Adjusted PB Ratio was 4.14. The lowest was 1.20. And the median was 2.44.

TSE:9041's Cyclically Adjusted PB Ratio is ranked worse than
64.43% of 433 companies
in the Conglomerates industry
Industry Median: 1.01 vs TSE:9041: 1.50

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.

Kintetsu Group Holdings Co's adjusted book value per share data for the three months ended in Mar. 2026 was 円3,216.994. 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2,366.13 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kintetsu Group Holdings Co  (TSE:9041) 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.


Kintetsu Group Holdings Co Cyclically Adjusted PB Ratio Related Terms


Kintetsu Group Holdings Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Kintetsu Group Holdings 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.

Kintetsu Group Holdings Co Cyclically Adjusted PB Ratio Chart

Kintetsu Group Holdings Co 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 2.01 2.24 2.17 1.44 1.36

Kintetsu Group Holdings Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 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 1.21 1.34 1.31 1.36 0.00

TSE:9041 vs MMM, HON: Cyclically Adjusted PB Ratio Comparison

For the Conglomerates subindustry, Kintetsu Group Holdings 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.


Kintetsu Group Holdings Co Cyclically Adjusted PB Ratio vs Conglomerates Industry

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

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


TSE:9041
76GF Score
Kintetsu Group Holdings Co Ltd TSE:9041
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Kintetsu Group Holdings 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.

Kintetsu Group Holdings Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3584.00/2366.13
=1.51

* 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.

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

For example, Kintetsu Group Holdings Co'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)
=3216.994/112.7000*112.7000
=3,216.994

Current CPI (Mar. 2026) = 112.7000.

Kintetsu Group Holdings Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 1,664.994 98.100 1,912.791
201609 1,667.208 98.000 1,917.289
201612 1,750.567 98.400 2,004.969
201703 1,780.163 98.100 2,045.101
201706 1,779.285 98.500 2,035.791
201709 1,831.181 98.800 2,088.807
201712 1,895.666 99.400 2,149.311
201803 1,927.211 99.200 2,189.483
201806 1,915.671 99.200 2,176.372
201809 1,985.373 99.900 2,239.755
201812 2,037.775 99.700 2,303.483
201903 2,010.852 99.700 2,273.049
201906 1,993.251 99.800 2,250.896
201909 2,042.472 100.100 2,299.566
201912 2,105.965 100.500 2,361.614
202003 1,983.108 100.300 2,228.278
202006 1,805.943 99.900 2,037.335
202009 1,763.643 99.900 1,989.615
202012 1,742.722 99.300 1,977.893
202103 1,686.538 99.900 1,902.631
202106 1,725.057 99.500 1,953.909
202109 1,726.808 100.100 1,944.168
202112 2,021.690 100.100 2,276.168
202203 1,990.830 101.100 2,219.254
202206 2,065.185 101.800 2,286.310
202209 2,234.812 103.100 2,442.903
202212 2,336.415 104.100 2,529.433
202303 2,323.325 104.400 2,508.034
202306 2,405.221 105.200 2,576.696
202309 2,508.155 106.200 2,661.667
202312 2,562.734 106.800 2,704.308
202403 2,743.835 107.200 2,884.610
202406 0.000 108.200 0.000
202409 2,803.199 108.900 2,901.015
202412 2,895.511 110.700 2,947.824
202503 2,861.241 111.100 2,902.447
202506 2,863.148 111.700 2,888.780
202509 2,964.361 112.000 2,982.888
202512 3,075.629 113.000 3,067.464
202603 3,216.994 112.700 3,216.994

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 1.51 mean?
Kintetsu Group Holdings Co (TSE:9041) has a Cyclically Adjusted PB Ratio of 1.51 as of Aug. 25, 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 Kintetsu Group Holdings Co and its competitors. This is 38% below median its historical median of 2.44. Over the past decade, Kintetsu Group Holdings Co's Cyclically Adjusted PB Ratio has ranged from 1.20 to 4.14. According to the industry distribution chart, Kintetsu Group Holdings Co ranks #279 out of 433 companies in the Conglomerates industry, placing it in the top 64.4%.
Is Kintetsu Group Holdings Co's Cyclically Adjusted PB Ratio too high?
Kintetsu Group Holdings Co's current Cyclically Adjusted PB Ratio of 1.51 is 38% below median its 10-year median of 2.44. Over the past 10 years, this metric has ranged from a low of 1.20 to a high of 4.14. The Conglomerates industry median Cyclically Adjusted PB Ratio is 1.01. Kintetsu Group Holdings Co's value of 1.51 is 49.5% above this industry median. Based on the distribution chart, Kintetsu Group Holdings Co ranks #279 out of 433 companies in the Conglomerates industry, which is below the industry midpoint. Overall, Kintetsu Group Holdings Co has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Kintetsu Group Holdings Co's Cyclically Adjusted PB Ratio compare to MMM and HON?
According to the Conglomerates industry distribution chart, Kintetsu Group Holdings Co ranks #279 out of 433 companies for Cyclically Adjusted PB Ratio. This places Kintetsu Group Holdings Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.01. Kintetsu Group Holdings Co's value of 1.51 is 49.5% above this benchmark. Historically, Kintetsu Group Holdings Co's own Cyclically Adjusted PB Ratio has ranged from 1.20 to 4.14 over the past decade. While the company's 10-year median is 2.44 vs. the industry median of 1.01, Kintetsu Group Holdings 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 Conglomerates company?
The median Cyclically Adjusted PB Ratio among Conglomerates companies is 1.01, based on 433 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. Kintetsu Group Holdings Co's current Cyclically Adjusted PB Ratio of 1.51 is 49.5% 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 Kintetsu Group Holdings Co and its competitors. For the Conglomerates industry, the median Cyclically Adjusted PB Ratio is 1.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kintetsu Group Holdings Co's current Cyclically Adjusted PB Ratio is 1.51, which is 38% below median its own 10-year median of 2.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kintetsu Group Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Kintetsu Group Holdings Co (TSE:9041) is currently considered Fairly Valued. The stock's GF Value™ is 円3,610.75, compared to a current price of 円3,584.00 — trading 0.7% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.51, which is 38% below median its 10-year median of 2.44 and 49.5% above the Conglomerates industry median of 1.01. Kintetsu Group Holdings Co's overall GF Score™ is 76/100 with 5 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 Kintetsu Group Holdings Co (TSE:9041), the current Cyclically Adjusted PB Ratio is 1.51 as of Aug. 25, 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 Kintetsu Group Holdings Co (TSE:9041) Overvalued in 2026?

Based on GuruFocus' analysis, Kintetsu Group Holdings Co stock appears to be undervalued. The current stock price of 円3,584.00 is trading 0.7% below its estimated GF Value™ of 円3,610.75. GuruFocus considers Kintetsu Group Holdings Co to be Fairly Valued.

Key valuation signals for TSE:9041:

  • Cyclically Adjusted PB Ratio: 1.51 (38% below median its 10-year median of 2.44)
  • GF Value™: 円3,610.75 vs. price of 円3,584.00 (0.7% below fair value)
  • GF Score™: 76/100 with 5 warning signs
  • Industry Position: 49.5% above the Conglomerates median (#279 of 433)

No single metric tells the full story. See the TSE:9041 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kintetsu Group Holdings Co Business Description

Address 6-1-55 Uehonmachi, Tennoji-ku, Osaka, JPN, 543-8585
Kintetsu Group Holdings Co Ltd operates a diverse range of businesses with a primary focus on railway operations. The group has six reportable segments: Transportation, Real Estate, International Logistics, Distribution, Hotels & Leisure, and Other. Its Transportation segment includes railway, bus, and taxi operations; Real Estate covers real estate sales, rental, and management; International Logistics involves air and sea freight transport; Distribution handles sales in department stores and station kiosks; Hotels & Leisure includes travel, hotel, and inn operations; while the Other segment engages in the manufacture and sale of metal machinery and equipment, as well as cable television and information processing operations. It generates majority of revenue from International logistics.
76GF Score

Get the complete analysis for TSE:9041

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

円3,584.00
Price
円3,610.75
GF Value