Kpp Group Holdings Co (TSE:9274) Cyclically Adjusted PB Ratio: 1.23 (As of Aug. 25, 2026) — 35% Above Median

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TSE:9274 Kpp Group Holdings Co Ltd TSE:9274
68 GF Score
Price 円1,122.00
GF Value 円767.15
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Kpp Group Holdings Co Cyclically Adjusted PB Ratio?

Kpp Group Holdings Co TSE:9274 68 Cyclically Adjusted PB Ratio is 1.23 as of Aug. 25, 2026, which is 35% above its 10-year median of 0.91. GuruFocus rates TSE:9274 with a GF Score™ of 68/100 and a GF Value™ of 円767.15 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 221 Forest Products companies, Kpp Group Holdings Co ranks worse than 71.49% on this metric.

As of today (2026-08-25), Kpp Group Holdings Co's current share price is 円1122.00. Kpp Group Holdings Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円909.06. Kpp Group Holdings Co's Cyclically Adjusted PB Ratio for today is 1.23.

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

TSE:9274' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.72   Med: 0.91   Max: 1.23
Current: 1.23

During the past years, Kpp Group Holdings Co's highest Cyclically Adjusted PB Ratio was 1.23. The lowest was 0.72. And the median was 0.91.

TSE:9274's Cyclically Adjusted PB Ratio is ranked worse than
71.49% of 221 companies
in the Forest Products industry
Industry Median: 0.75 vs TSE:9274: 1.23

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.

Kpp Group Holdings Co's adjusted book value per share data for the three months ended in Mar. 2026 was 円1,435.079. 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909.06 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kpp Group Holdings Co  (TSE:9274) 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.


Kpp Group Holdings Co Cyclically Adjusted PB Ratio Related Terms


Kpp Group Holdings Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Kpp 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.

Kpp Group Holdings Co Cyclically Adjusted PB Ratio Chart

Kpp 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 0.00 0.00 0.97 0.78 0.96

Kpp Group Holdings Co 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 0.87 0.91 0.92 0.96 0.00

Kpp Group Holdings Co Cyclically Adjusted PB Ratio Competitor Comparison

For the Paper & Paper Products subindustry, Kpp 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.


Kpp Group Holdings Co Cyclically Adjusted PB Ratio vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Kpp Group Holdings Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TSE:9274
68GF Score
Kpp Group Holdings Co Ltd TSE:9274
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kpp 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1122.00/909.06
=1.23

* 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.

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

For example, Kpp 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)
=1435.079/112.7000*112.7000
=1,435.079

Current CPI (Mar. 2026) = 112.7000.

Kpp Group Holdings Co Quarterly Data

Book Value per Share CPI Adj_Book
201603 613.759 97.900 706.544
201606 601.865 98.100 691.439
201609 602.105 98.000 692.421
201612 620.938 98.400 711.176
201703 659.668 98.100 757.845
201706 671.262 98.500 768.033
201709 679.747 98.800 775.379
201712 706.584 99.400 801.127
201803 714.018 99.200 811.188
201806 663.220 99.200 753.477
201809 670.329 99.900 756.217
201812 656.314 99.700 741.892
201903 685.188 99.700 774.530
201906 666.430 99.800 752.572
201909 660.168 100.100 743.266
201912 676.219 100.500 758.307
202003 649.456 100.300 729.748
202006 593.695 99.900 669.764
202009 517.025 99.900 583.270
202012 446.055 99.300 506.248
202103 605.691 99.900 683.297
202106 621.387 99.500 703.822
202109 689.258 100.100 776.018
202112 729.940 100.100 821.821
202203 783.637 101.100 873.550
202206 860.023 101.800 952.108
202209 941.183 103.100 1,028.820
202212 969.944 104.100 1,050.074
202303 944.708 104.400 1,019.814
202306 993.779 105.200 1,064.628
202309 1,090.723 106.200 1,157.481
202312 1,090.312 106.800 1,150.545
202403 1,188.891 107.200 1,249.888
202406 1,206.776 108.200 1,256.965
202409 1,330.756 108.900 1,377.192
202503 1,305.580 111.100 1,324.382
202506 1,270.533 111.700 1,281.908
202509 1,318.224 112.000 1,326.463
202512 1,347.864 113.000 1,344.286
202603 1,435.079 112.700 1,435.079

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 1.23 mean?
Kpp Group Holdings Co (TSE:9274) has a Cyclically Adjusted PB Ratio of 1.23 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 Kpp Group Holdings Co and its competitors. This is 35% above median its historical median of 0.91. Over the past decade, Kpp Group Holdings Co's Cyclically Adjusted PB Ratio has ranged from 0.72 to 1.23. According to the industry distribution chart, Kpp Group Holdings Co ranks #158 out of 221 companies in the Forest Products industry, placing it in the top 71.5%.
Is Kpp Group Holdings Co's Cyclically Adjusted PB Ratio too high?
Kpp Group Holdings Co's current Cyclically Adjusted PB Ratio of 1.23 is 35% above median its 10-year median of 0.91. Over the past 10 years, this metric has ranged from a low of 0.72 to a high of 1.23. The Forest Products industry median Cyclically Adjusted PB Ratio is 0.75. Kpp Group Holdings Co's value of 1.23 is 64% above this industry median. Based on the distribution chart, Kpp Group Holdings Co ranks #158 out of 221 companies in the Forest Products industry, which is below the industry midpoint. Overall, Kpp Group Holdings Co has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kpp Group Holdings Co's Cyclically Adjusted PB Ratio compare to competitors?
According to the Forest Products industry distribution chart, Kpp Group Holdings Co ranks #158 out of 221 companies for Cyclically Adjusted PB Ratio. This places Kpp Group Holdings Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.75. Kpp Group Holdings Co's value of 1.23 is 64% above this benchmark. Historically, Kpp Group Holdings Co's own Cyclically Adjusted PB Ratio has ranged from 0.72 to 1.23 over the past decade. While the company's 10-year median is 0.91 vs. the industry median of 0.75, Kpp 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 Forest Products company?
The median Cyclically Adjusted PB Ratio among Forest Products companies is 0.75, based on 221 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. Kpp Group Holdings Co's current Cyclically Adjusted PB Ratio of 1.23 is 64% 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 Kpp Group Holdings Co and its competitors. For the Forest Products industry, the median Cyclically Adjusted PB Ratio is 0.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kpp Group Holdings Co's current Cyclically Adjusted PB Ratio is 1.23, which is 35% above median its own 10-year median of 0.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kpp Group Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Kpp Group Holdings Co (TSE:9274) is currently considered Significantly Overvalued. The stock's GF Value™ is 円767.15, compared to a current price of 円1,122.00 — trading 46.3% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.23, which is 35% above median its 10-year median of 0.91 and 64% above the Forest Products industry median of 0.75. Kpp Group Holdings Co's overall GF Score™ is 68/100 with 6 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 Kpp Group Holdings Co (TSE:9274), the current Cyclically Adjusted PB Ratio is 1.23 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 Kpp Group Holdings Co (TSE:9274) Overvalued in 2026?

Based on GuruFocus' analysis, Kpp Group Holdings Co stock appears to be overvalued. The current stock price of 円1,122.00 is trading 46.3% above its estimated GF Value™ of 円767.15. GuruFocus considers Kpp Group Holdings Co to be Significantly Overvalued.

Key valuation signals for TSE:9274:

  • Cyclically Adjusted PB Ratio: 1.23 (35% above median its 10-year median of 0.91)
  • GF Value™: 円767.15 vs. price of 円1,122.00 (46.3% above fair value)
  • GF Score™: 68/100 with 6 warning signs
  • Industry Position: 64% above the Forest Products median (#158 of 221)

No single metric tells the full story. See the TSE:9274 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kpp Group Holdings Co Business Description

Address 6-24 Akashi-cho, Chuo-ku, Tokyo, JPN, 104-0044
Kpp Group Holdings Co Ltd is into wholesale of pulp and paper in the domestic and overseas market. The company buys, sells, import and export of paper, paperboard, paper processed products, pulp, recovered paper, chemical products, machines related to paper, packaging and wrapping materials and other related products, possession, and leasing of real estate and warehousing business.
68GF Score

Get the complete analysis for TSE:9274

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

円1,122.00
Price
円767.15
GF Value