Kyowa Engineering Consultants Co (TSE:9647) Cyclically Adjusted PB Ratio: 1.35 (As of Sep. 11, 2026) — 25% Above Median

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TSE:9647 Kyowa Engineering Consultants Co Ltd TSE:9647
83 GF Score
Price 円6,530.00
GF Value 円5,496.05
Valuation Modestly Overvalued
! 1 Warning Sign
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What is Kyowa Engineering Consultants Co Cyclically Adjusted PB Ratio?

Kyowa Engineering Consultants Co TSE:9647 -2.10% 83 Cyclically Adjusted PB Ratio is 1.35 as of Sep. 11, 2026, which is 25% above its 10-year median of 1.08. GuruFocus rates TSE:9647 with a GF Score™ of 83/100 and a GF Value™ of 円5,496.05 (Modestly Overvalued). The stock has 1 warning sign investors should review. Among 1,239 Construction companies, Kyowa Engineering Consultants Co ranks worse than 56.26% on this metric.

As of today (2026-09-11), Kyowa Engineering Consultants Co's current share price is 円6530.00. Kyowa Engineering Consultants Co's Cyclically Adjusted Book per Share for the quarter that ended in May. 2026 was 円4,847.73. Kyowa Engineering Consultants Co's Cyclically Adjusted PB Ratio for today is 1.35.

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

TSE:9647' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.62   Med: 1.08   Max: 2.12
Current: 1.4

During the past years, Kyowa Engineering Consultants Co's highest Cyclically Adjusted PB Ratio was 2.12. The lowest was 0.62. And the median was 1.08.

TSE:9647's Cyclically Adjusted PB Ratio is ranked worse than
56.26% of 1239 companies
in the Construction industry
Industry Median: 1.16 vs TSE:9647: 1.40

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.

Kyowa Engineering Consultants Co's adjusted book value per share data for the three months ended in May. 2026 was 円8,375.450. 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4,847.73 for the trailing ten years ended in May. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kyowa Engineering Consultants Co  (TSE:9647) 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.


Kyowa Engineering Consultants Co Cyclically Adjusted PB Ratio Related Terms


Kyowa Engineering Consultants Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Kyowa Engineering Consultants 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.

Kyowa Engineering Consultants Co Cyclically Adjusted PB Ratio Chart

Kyowa Engineering Consultants Co Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.09 1.00 1.00 1.18 1.42

Kyowa Engineering Consultants Co Quarterly Data
Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Nov24 May25 Aug25 Nov25 Feb26 May26
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 1.42 1.40 1.42 1.85 1.51

TSE:9647 vs PWR, FIX, EME: Cyclically Adjusted PB Ratio Comparison

For the Engineering & Construction subindustry, Kyowa Engineering Consultants 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.


Kyowa Engineering Consultants Co Cyclically Adjusted PB Ratio vs Construction Industry

For the Construction industry and Industrials sector, Kyowa Engineering Consultants Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Kyowa Engineering Consultants Co's Cyclically Adjusted PB Ratio falls into.


TSE:9647
83GF Score
Kyowa Engineering Consultants Co Ltd TSE:9647
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kyowa Engineering Consultants 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.

Kyowa Engineering Consultants Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=6530.00/4847.73
=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.

Kyowa Engineering Consultants Co's Cyclically Adjusted Book per Share for the quarter that ended in May. 2026 is calculated as:

For example, Kyowa Engineering Consultants Co's adjusted Book Value per Share data for the three months ended in May. 2026 was:

Adj_Book=Book Value per Share/CPI of May. 2026 (Change)*Current CPI (May. 2026)
=8375.45/113.5000*113.5000
=8,375.450

Current CPI (May. 2026) = 113.5000.

Kyowa Engineering Consultants Co Quarterly Data

Book Value per Share CPI Adj_Book
201602 2,433.562 97.800 2,824.226
201605 2,714.803 98.200 3,137.781
201608 2,425.494 97.900 2,811.987
201611 2,821.769 98.600 3,248.182
201702 2,729.733 98.100 3,158.254
201705 3,037.188 98.600 3,496.155
201708 2,835.595 98.500 3,267.411
201711 3,126.345 99.100 3,580.627
201802 2,946.356 99.500 3,360.919
201805 3,254.453 99.300 3,719.843
201808 3,112.303 99.800 3,539.543
201811 3,260.227 100.000 3,700.358
201902 3,153.058 99.700 3,589.489
201905 3,583.164 100.000 4,066.891
201908 3,446.773 100.000 3,912.087
201911 3,434.272 100.500 3,878.506
202002 3,297.643 100.300 3,731.630
202005 3,937.670 100.100 4,464.791
202008 3,802.085 100.100 4,311.055
202011 3,687.246 99.500 4,206.054
202102 3,604.308 99.800 4,099.088
202105 4,340.672 99.400 4,956.401
202108 4,265.082 99.700 4,855.434
202111 4,096.099 100.100 4,644.428
202202 4,543.338 100.700 5,120.843
202205 4,889.275 101.800 5,451.205
202208 4,907.280 102.700 5,423.333
202211 4,973.525 103.900 5,433.061
202302 5,193.243 104.000 5,667.626
202305 5,492.017 105.100 5,930.960
202308 5,568.650 105.900 5,968.289
202311 5,639.285 106.900 5,987.454
202402 5,904.168 106.900 6,268.691
202405 6,290.039 108.100 6,604.250
202411 6,518.508 110.000 6,725.915
202505 7,248.231 111.800 7,358.446
202508 7,409.850 112.100 7,502.390
202511 7,552.718 113.200 7,572.734
202602 7,866.109 112.200 7,957.249
202605 8,375.450 113.500 8,375.450

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?
Kyowa Engineering Consultants Co (TSE:9647) has a Cyclically Adjusted PB Ratio of 1.35 as of Sep. 11, 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 Kyowa Engineering Consultants Co and its competitors. This is 25% above median its historical median of 1.08. Over the past decade, Kyowa Engineering Consultants Co's Cyclically Adjusted PB Ratio has ranged from 0.62 to 2.12. According to the industry distribution chart, Kyowa Engineering Consultants Co ranks #697 out of 1239 companies in the Construction industry, placing it in the top 56.3%.
Is Kyowa Engineering Consultants Co's Cyclically Adjusted PB Ratio too high?
Kyowa Engineering Consultants Co's current Cyclically Adjusted PB Ratio of 1.35 is 25% above median its 10-year median of 1.08. Over the past 10 years, this metric has ranged from a low of 0.62 to a high of 2.12. The Construction industry median Cyclically Adjusted PB Ratio is 1.16. Kyowa Engineering Consultants Co's value of 1.35 is 16.4% above this industry median. Based on the distribution chart, Kyowa Engineering Consultants Co ranks #697 out of 1239 companies in the Construction industry, which is below the industry midpoint. Overall, Kyowa Engineering Consultants Co has a GF Score™ of 83/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kyowa Engineering Consultants Co's Cyclically Adjusted PB Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, Kyowa Engineering Consultants Co ranks #697 out of 1239 companies for Cyclically Adjusted PB Ratio. This places Kyowa Engineering Consultants Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.16. Kyowa Engineering Consultants Co's value of 1.35 is 16.4% above this benchmark. Historically, Kyowa Engineering Consultants Co's own Cyclically Adjusted PB Ratio has ranged from 0.62 to 2.12 over the past decade. While the company's 10-year median is 1.08 vs. the industry median of 1.16, Kyowa Engineering Consultants 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 Construction company?
The median Cyclically Adjusted PB Ratio among Construction companies is 1.16, based on 1,239 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. Kyowa Engineering Consultants Co's current Cyclically Adjusted PB Ratio of 1.35 is 16.4% 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 Kyowa Engineering Consultants Co and its competitors. For the Construction industry, the median Cyclically Adjusted PB Ratio is 1.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kyowa Engineering Consultants Co's current Cyclically Adjusted PB Ratio is 1.35, which is 25% above median its own 10-year median of 1.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kyowa Engineering Consultants Co stock overvalued right now?
Based on GuruFocus' analysis, Kyowa Engineering Consultants Co (TSE:9647) is currently considered Modestly Overvalued. The stock's GF Value™ is 円5,496.05, compared to a current price of 円6,530.00 — trading 18.8% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.35, which is 25% above median its 10-year median of 1.08 and 16.4% above the Construction industry median of 1.16. Kyowa Engineering Consultants Co's overall GF Score™ is 83/100 with 1 warning sign 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 Kyowa Engineering Consultants Co (TSE:9647), the current Cyclically Adjusted PB Ratio is 1.35 as of Sep. 11, 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 Kyowa Engineering Consultants Co (TSE:9647) Overvalued in 2026?

Based on GuruFocus' analysis, Kyowa Engineering Consultants Co stock appears to be overvalued. The current stock price of 円6,530.00 is trading 18.8% above its estimated GF Value™ of 円5,496.05. GuruFocus considers Kyowa Engineering Consultants Co to be Modestly Overvalued.

Key valuation signals for TSE:9647:

  • Cyclically Adjusted PB Ratio: 1.35 (25% above median its 10-year median of 1.08)
  • GF Value™: 円5,496.05 vs. price of 円6,530.00 (18.8% above fair value)
  • GF Score™: 83/100 with 1 warning sign
  • Industry Position: 16.4% above the Construction median (#697 of 1239)

No single metric tells the full story. See the TSE:9647 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kyowa Engineering Consultants Co Business Description

Address 62-11, Sasazuka 1-chome, Shibuya-ku, Tokyo, JPN, 151-0073
Kyowa Engineering Consultants Co Ltd provides general construction consultancy services. It offers geological surveys and engineering services for transportation, design and management services. The company offers structural design and maintenance services, including investigation, planning, design, inspection/repair technology, and construction management services for bridges, underground structures, water supply, and sewer facilities, tunnels, common grooves.
83GF Score

Get the complete analysis for TSE:9647

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

円6,530.00
Price
円5,496.05
GF Value