Kitakei Co (TSE:9872) Cyclically Adjusted PB Ratio: 0.66 (As of Aug. 06, 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:9872 Kitakei Co Ltd TSE:9872
68 GF Score
Price 円959.00
GF Value 円625.26
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Kitakei Co Cyclically Adjusted PB Ratio?

Kitakei Co TSE:9872 +1.80% 68 Cyclically Adjusted PB Ratio is 0.66 as of Aug. 06, 2026, which is 6% below its 10-year median of 0.70. GuruFocus rates TSE:9872 with a GF Score™ of 68/100 and a GF Value™ of 円625.26 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,346 Construction companies, Kitakei Co ranks better than 71.25% on this metric.

As of today (2026-08-06), Kitakei Co's current share price is 円959.00. Kitakei Co's Cyclically Adjusted Book per Share for the quarter that ended in May. 2026 was 円1,454.13. Kitakei Co's Cyclically Adjusted PB Ratio for today is 0.66.

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

TSE:9872' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.5   Med: 0.7   Max: 1.17
Current: 0.64

During the past years, Kitakei Co's highest Cyclically Adjusted PB Ratio was 1.17. The lowest was 0.50. And the median was 0.70.

TSE:9872's Cyclically Adjusted PB Ratio is ranked better than
71.25% of 1346 companies
in the Construction industry
Industry Median: 1.14 vs TSE:9872: 0.64

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.

Kitakei Co's adjusted book value per share data for the three months ended in May. 2026 was 円1,540.872. 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1,454.13 for the trailing ten years ended in May. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kitakei Co  (TSE:9872) 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.


Kitakei Co Cyclically Adjusted PB Ratio Related Terms


Kitakei Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Kitakei 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.

Kitakei Co Cyclically Adjusted PB Ratio Chart

Kitakei 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 0.70 0.55 0.63 0.57 0.62

Kitakei 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 0.58 0.66 0.62 0.63 0.61

TSE:9872 vs TT, JCI, CARR: Cyclically Adjusted PB Ratio Comparison

For the Building Products & Equipment subindustry, Kitakei 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.


Kitakei Co Cyclically Adjusted PB Ratio vs Construction Industry

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

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


TSE:9872
68GF Score
Kitakei Co Ltd TSE:9872
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kitakei 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=959.00/1454.13
=0.66

* 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.

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

For example, Kitakei 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)
=1540.872/113.5000*113.5000
=1,540.872

Current CPI (May. 2026) = 113.5000.

Kitakei Co Quarterly Data

Book Value per Share CPI Adj_Book
201602 1,079.242 97.800 1,252.495
201605 1,099.201 98.200 1,270.461
201608 1,108.722 97.900 1,285.393
201611 1,130.701 98.600 1,301.568
201702 1,129.371 98.100 1,306.663
201705 1,152.627 98.600 1,326.807
201708 1,166.331 98.500 1,343.945
201711 1,214.362 99.100 1,390.818
201802 1,192.085 99.500 1,359.816
201805 1,214.038 99.300 1,387.647
201808 1,208.792 99.800 1,374.728
201811 1,243.638 100.000 1,411.529
201902 1,218.764 99.700 1,387.460
201905 1,231.716 100.000 1,397.998
201908 1,240.836 100.000 1,408.349
201911 1,284.775 100.500 1,450.965
202002 1,281.174 100.300 1,449.783
202005 1,284.069 100.100 1,455.962
202008 1,294.324 100.100 1,467.590
202011 1,313.666 99.500 1,498.503
202102 1,301.670 99.800 1,480.356
202105 1,320.050 99.400 1,507.301
202108 1,332.192 99.700 1,516.588
202111 1,358.761 100.100 1,540.653
202202 1,348.326 100.700 1,519.712
202205 1,365.749 101.800 1,522.716
202208 1,383.133 102.700 1,528.584
202211 1,403.649 103.900 1,533.341
202302 1,396.900 104.000 1,524.501
202305 1,418.853 105.100 1,532.253
202308 1,438.157 105.900 1,541.368
202311 1,461.740 106.900 1,551.988
202402 1,450.107 106.900 1,539.637
202405 1,468.488 108.100 1,541.844
202411 1,503.341 110.000 1,551.175
202505 1,511.081 111.800 1,534.058
202508 1,520.609 112.100 1,539.600
202511 1,536.415 113.200 1,540.487
202602 1,531.782 112.200 1,549.530
202605 1,540.872 113.500 1,540.872

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 0.66 mean?
Kitakei Co (TSE:9872) has a Cyclically Adjusted PB Ratio of 0.66 as of Aug. 06, 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 Kitakei Co and its competitors. This is near median its historical median of 0.70. Over the past decade, Kitakei Co's Cyclically Adjusted PB Ratio has ranged from 0.50 to 1.17. According to the industry distribution chart, Kitakei Co ranks #387 out of 1346 companies in the Construction industry, placing it in the top 28.8%.
Is Kitakei Co's Cyclically Adjusted PB Ratio too high?
Kitakei Co's current Cyclically Adjusted PB Ratio of 0.66 is near median its 10-year median of 0.70. Over the past 10 years, this metric has ranged from a low of 0.50 to a high of 1.17. The Construction industry median Cyclically Adjusted PB Ratio is 1.14. Kitakei Co's value of 0.66 is 42.1% below this industry median. Based on the distribution chart, Kitakei Co ranks #387 out of 1346 companies in the Construction industry, which is above the industry midpoint. Overall, Kitakei 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 Kitakei Co's Cyclically Adjusted PB Ratio compare to TT and JCI?
According to the Construction industry distribution chart, Kitakei Co ranks #387 out of 1346 companies for Cyclically Adjusted PB Ratio. This puts Kitakei Co in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.14. Kitakei Co's value of 0.66 is 42.1% below this benchmark. Historically, Kitakei Co's own Cyclically Adjusted PB Ratio has ranged from 0.50 to 1.17 over the past decade. While the company's 10-year median is 0.70 vs. the industry median of 1.14, Kitakei Co has consistently been below 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 1.14, based on 1,346 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. Kitakei Co's current Cyclically Adjusted PB Ratio of 0.66 is 42.1% below 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 Kitakei Co and its competitors. For the Construction industry, the median Cyclically Adjusted PB Ratio is 1.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kitakei Co's current Cyclically Adjusted PB Ratio is 0.66, which is near median its own 10-year median of 0.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kitakei Co stock overvalued right now?
Based on GuruFocus' analysis, Kitakei Co (TSE:9872) is currently considered Significantly Overvalued. The stock's GF Value™ is 円625.26, compared to a current price of 円959.00 — trading 53.4% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.66, which is near median its 10-year median of 0.70 and 42.1% below the Construction industry median of 1.14. Kitakei Co's overall GF Score™ is 68/100 with 2 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 Kitakei Co (TSE:9872), the current Cyclically Adjusted PB Ratio is 0.66 as of Aug. 06, 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 Kitakei Co (TSE:9872) Overvalued in 2026?

Based on GuruFocus' analysis, Kitakei Co stock appears to be overvalued. The current stock price of 円959.00 is trading 53.4% above its estimated GF Value™ of 円625.26. GuruFocus considers Kitakei Co to be Significantly Overvalued.

Key valuation signals for TSE:9872:

  • Cyclically Adjusted PB Ratio: 0.66 (near median its 10-year median of 0.70)
  • GF Value™: 円625.26 vs. price of 円959.00 (53.4% above fair value)
  • GF Score™: 68/100 with 2 warning signs
  • Industry Position: 42.1% below the Construction median (#387 of 1346)

No single metric tells the full story. See the TSE:9872 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kitakei Co Business Description

Address Ito Bldg. 3-6-14, Minami-Honmachi, Chuo-ku, Osaka-shi, Osaka, JPN, 541-0054
Kitakei Co Ltd is engaged in sales and sales with installation for housing materials and facility equipment. Its services include Interior: interior doors, closets, flooring materials, staircase materials; Exterior: ceramic siding, roofing materials, sash, fence, carport; Facility equipment: kitchen, bath, restroom, lavatory, air conditioner, water heater; Wood products: structure materials, wood construction materials, solid wood flooring, plywood; Metal: architectural hardware, construction tools, vibration damper; Chemical products: breathable waterproof sheets, soundproof sheets, noncombustible board, insulation materials; Private Brand products: built-in wall/ceiling storage, subsidiary building materials, curing sheet; & Overseas trading products: solid wood flooring, laminated wood.
68GF Score

Get the complete analysis for TSE:9872

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

円959.00
Price
円625.26
GF Value