Kanamoto Co (TSE:9678) Cyclically Adjusted PB Ratio: 1.56 (As of Aug. 29, 2026) — 41% Above Median

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TSE:9678 Kanamoto Co Ltd TSE:9678
80 GF Score
Price 円5,530.00
GF Value 円3,342.65
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Kanamoto Co Cyclically Adjusted PB Ratio?

Kanamoto Co TSE:9678 +0.36% 80 Cyclically Adjusted PB Ratio is 1.56 as of Aug. 29, 2026, which is 41% above its 10-year median of 1.11. GuruFocus rates TSE:9678 with a GF Score™ of 80/100 and a GF Value™ of 円3,342.65 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 690 Business Services companies, Kanamoto Co ranks worse than 50.72% on this metric.

As of today (2026-08-29), Kanamoto Co's current share price is 円5530.00. Kanamoto Co's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2026 was 円3,551.68. Kanamoto Co's Cyclically Adjusted PB Ratio for today is 1.56.

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

TSE:9678' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.77   Med: 1.11   Max: 2.67
Current: 1.53

During the past years, Kanamoto Co's highest Cyclically Adjusted PB Ratio was 2.67. The lowest was 0.77. And the median was 1.11.

TSE:9678's Cyclically Adjusted PB Ratio is ranked worse than
50.72% of 690 companies
in the Business Services industry
Industry Median: 1.495 vs TSE:9678: 1.53

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.

Kanamoto Co's adjusted book value per share data for the three months ended in Apr. 2026 was 円4,458.790. 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3,551.68 for the trailing ten years ended in Apr. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kanamoto Co  (TSE:9678) 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.


Kanamoto Co Cyclically Adjusted PB Ratio Related Terms


Kanamoto Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Kanamoto 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.

Kanamoto Co Cyclically Adjusted PB Ratio Chart

Kanamoto Co Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.07 0.83 0.84 0.88 1.04

Kanamoto Co Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 0.97 1.01 1.04 1.06 1.31

TSE:9678 vs URI, SUNB, AER: Cyclically Adjusted PB Ratio Comparison

For the Rental & Leasing Services subindustry, Kanamoto 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.


Kanamoto Co Cyclically Adjusted PB Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, Kanamoto Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TSE:9678
80GF Score
Kanamoto Co Ltd TSE:9678
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kanamoto 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.

Kanamoto Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=5530.00/3551.68
=1.56

* 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.

Kanamoto Co's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2026 is calculated as:

For example, Kanamoto Co's adjusted Book Value per Share data for the three months ended in Apr. 2026 was:

Adj_Book=Book Value per Share/CPI of Apr. 2026 (Change)*Current CPI (Apr. 2026)
=4458.79/113.0000*113.0000
=4,458.790

Current CPI (Apr. 2026) = 113.0000.

Kanamoto Co Quarterly Data

Book Value per Share CPI Adj_Book
201607 2,093.435 97.900 2,416.324
201610 2,169.869 98.600 2,486.767
201701 2,235.264 98.200 2,572.147
201704 2,324.146 98.500 2,666.279
201707 2,349.359 98.300 2,700.687
201710 2,440.363 98.800 2,791.103
201801 2,501.655 99.500 2,841.076
201804 2,592.575 99.100 2,956.216
201807 2,613.656 99.200 2,977.249
201810 2,707.434 100.200 3,053.294
201901 2,831.820 99.700 3,209.585
201904 2,958.699 100.000 3,343.330
201907 2,962.937 99.800 3,354.828
201910 2,981.621 100.400 3,355.808
202001 3,011.926 100.500 3,386.544
202004 3,077.772 100.200 3,470.940
202007 3,080.972 100.000 3,481.498
202010 3,150.253 99.800 3,566.920
202101 3,189.244 99.800 3,611.068
202104 3,279.025 99.100 3,738.949
202107 3,299.130 99.700 3,739.235
202110 3,356.973 99.900 3,797.177
202201 3,385.040 100.300 3,813.654
202204 3,495.466 101.500 3,891.504
202207 3,508.432 102.300 3,875.394
202210 3,571.908 103.700 3,892.243
202301 3,565.025 104.700 3,847.639
202304 3,625.485 105.100 3,898.000
202307 3,659.845 105.700 3,912.606
202310 3,729.597 107.100 3,935.056
202401 3,753.176 106.900 3,967.342
202404 3,839.842 107.700 4,028.804
202407 3,889.049 108.600 4,046.616
202410 3,950.313 109.500 4,076.579
202501 4,014.585 111.200 4,079.569
202504 4,053.694 111.500 4,108.228
202507 4,095.587 111.900 4,135.847
202510 4,227.653 112.800 4,235.149
202601 4,343.123 112.900 4,346.970
202604 4,458.790 113.000 4,458.790

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 1.56 mean?
Kanamoto Co (TSE:9678) has a Cyclically Adjusted PB Ratio of 1.56 as of Aug. 29, 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 Kanamoto Co and its competitors. This is 41% above median its historical median of 1.11. Over the past decade, Kanamoto Co's Cyclically Adjusted PB Ratio has ranged from 0.77 to 2.67. According to the industry distribution chart, Kanamoto Co ranks #350 out of 690 companies in the Business Services industry, placing it in the top 50.7%.
Is Kanamoto Co's Cyclically Adjusted PB Ratio too high?
Kanamoto Co's current Cyclically Adjusted PB Ratio of 1.56 is 41% above median its 10-year median of 1.11. Over the past 10 years, this metric has ranged from a low of 0.77 to a high of 2.67. The Business Services industry median Cyclically Adjusted PB Ratio is 1.50. Kanamoto Co's value of 1.56 is 4.3% above this industry median. Based on the distribution chart, Kanamoto Co ranks #350 out of 690 companies in the Business Services industry, which is below the industry midpoint. Overall, Kanamoto Co has a GF Score™ of 80/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kanamoto Co's Cyclically Adjusted PB Ratio compare to URI and SUNB?
According to the Business Services industry distribution chart, Kanamoto Co ranks #350 out of 690 companies for Cyclically Adjusted PB Ratio. This places Kanamoto Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.50. Kanamoto Co's value of 1.56 is 4.3% above this benchmark. Historically, Kanamoto Co's own Cyclically Adjusted PB Ratio has ranged from 0.77 to 2.67 over the past decade. While the company's 10-year median is 1.11 vs. the industry median of 1.50, Kanamoto 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 Business Services company?
The median Cyclically Adjusted PB Ratio among Business Services companies is 1.50, based on 690 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. Kanamoto Co's current Cyclically Adjusted PB Ratio of 1.56 is 4.3% 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 Kanamoto Co and its competitors. For the Business Services industry, the median Cyclically Adjusted PB Ratio is 1.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kanamoto Co's current Cyclically Adjusted PB Ratio is 1.56, which is 41% above median its own 10-year median of 1.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kanamoto Co stock overvalued right now?
Based on GuruFocus' analysis, Kanamoto Co (TSE:9678) is currently considered Significantly Overvalued. The stock's GF Value™ is 円3,342.65, compared to a current price of 円5,530.00 — trading 65.4% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.56, which is 41% above median its 10-year median of 1.11 and 4.3% above the Business Services industry median of 1.50. Kanamoto Co's overall GF Score™ is 80/100 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 Kanamoto Co (TSE:9678), the current Cyclically Adjusted PB Ratio is 1.56 as of Aug. 29, 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 Kanamoto Co (TSE:9678) Overvalued in 2026?

Based on GuruFocus' analysis, Kanamoto Co stock appears to be overvalued. The current stock price of 円5,530.00 is trading 65.4% above its estimated GF Value™ of 円3,342.65. GuruFocus considers Kanamoto Co to be Significantly Overvalued.

Key valuation signals for TSE:9678:

  • Cyclically Adjusted PB Ratio: 1.56 (41% above median its 10-year median of 1.11)
  • GF Value™: 円3,342.65 vs. price of 円5,530.00 (65.4% above fair value)
  • GF Score™: 80/100 with 6 warning signs
  • Industry Position: 4.3% above the Business Services median (#350 of 690)

No single metric tells the full story. See the TSE:9678 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kanamoto Co Business Description

Address 1-19, Odori Higashi 3-chome Chuo-ku, Sapporo, Hokkaido, JPN, 060-0041
Kanamoto Co Ltd is a provider of construction equipment rentals. The company operates three business segments: construction equipment rental, steel products, and computing products. The construction equipment rental business is Kanamoto's core business, accounting for most of the company's revenue. The company owns various hand tools and construction equipment, such as dump trucks and hydraulic excavators, which it rents out to its customers. The steel products business sells various construction materials for engineering and construction works. The computing products business provides rentals and sale of computer-related equipment. Kanamoto operates in Asia.
80GF Score

Get the complete analysis for TSE:9678

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

円5,530.00
Price
円3,342.65
GF Value