Kitazawangyo Co (TSE:9930) Cyclically Adjusted PB Ratio: 0.69 (As of Aug. 14, 2026) — 10% Above 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:9930 Kitazawa Sangyo Co Ltd TSE:9930
70 GF Score
Price 円382.00
GF Value 円300.48
Valuation Modestly Overvalued
! 6 Warning Signs
View Full Analysis

What is Kitazawangyo Co Cyclically Adjusted PB Ratio?

Kitazawangyo Co TSE:9930 +1.87% 70 Cyclically Adjusted PB Ratio is 0.69 as of Aug. 14, 2026, which is 10% above its 10-year median of 0.63. GuruFocus rates TSE:9930 with a GF Score™ of 70/100 and a GF Value™ of 円300.48 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 2,219 Industrial Products companies, Kitazawangyo Co ranks better than 83.33% on this metric.

As of today (2026-08-14), Kitazawangyo Co's current share price is 円382.00. Kitazawangyo Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円550.97. Kitazawangyo Co's Cyclically Adjusted PB Ratio for today is 0.69.

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

TSE:9930' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.39   Med: 0.63   Max: 0.96
Current: 0.7

During the past years, Kitazawangyo Co's highest Cyclically Adjusted PB Ratio was 0.96. The lowest was 0.39. And the median was 0.63.

TSE:9930's Cyclically Adjusted PB Ratio is ranked better than
83.33% of 2219 companies
in the Industrial Products industry
Industry Median: 2.17 vs TSE:9930: 0.70

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.

Kitazawangyo Co's adjusted book value per share data for the three months ended in Mar. 2026 was 円610.843. 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550.97 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kitazawangyo Co  (TSE:9930) 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.


Kitazawangyo Co Cyclically Adjusted PB Ratio Related Terms


Kitazawangyo Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Kitazawangyo 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.

Kitazawangyo Co Cyclically Adjusted PB Ratio Chart

Kitazawangyo 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 0.50 0.68 0.70 0.66 0.64

Kitazawangyo Co Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.66 0.67 0.67 0.63 0.64

TSE:9930 vs GEV, ETN, PH: Cyclically Adjusted PB Ratio Comparison

For the Specialty Industrial Machinery subindustry, Kitazawangyo 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.


Kitazawangyo Co Cyclically Adjusted PB Ratio vs Industrial Products Industry

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

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


TSE:9930
70GF Score
Kitazawa Sangyo Co Ltd TSE:9930
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kitazawangyo 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=382.00/550.97
=0.69

* 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.

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

For example, Kitazawangyo 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)
=610.843/112.7000*112.7000
=610.843

Current CPI (Mar. 2026) = 112.7000.

Kitazawangyo Co Quarterly Data

Book Value per Share CPI Adj_Book
201512 454.115 98.100 521.700
201603 452.449 97.900 520.848
201606 445.942 98.100 512.311
201609 456.498 98.000 524.973
201612 465.107 98.400 532.699
201703 469.530 98.100 539.409
201706 475.065 98.500 543.552
201709 484.313 98.800 552.450
201712 491.711 99.400 557.503
201803 494.857 99.200 562.201
201806 496.400 99.200 563.954
201809 498.731 99.900 562.632
201812 482.083 99.700 544.942
201903 487.059 99.700 550.567
201906 480.901 99.800 543.062
201909 487.273 100.100 548.608
201912 495.237 100.500 555.355
202003 480.259 100.300 539.633
202006 474.137 99.900 534.887
202009 478.497 99.900 539.806
202012 479.492 99.300 544.197
202103 485.781 99.900 548.023
202106 476.425 99.500 539.629
202109 487.936 100.100 549.355
202112 483.691 100.100 544.575
202203 478.981 101.100 533.938
202206 472.745 101.800 523.363
202209 479.873 103.100 524.556
202212 487.368 104.100 527.631
202303 503.516 104.400 543.546
202306 509.369 105.200 545.683
202309 524.539 106.200 556.644
202312 534.089 106.800 563.594
202403 555.978 107.200 584.503
202409 553.915 108.900 573.244
202503 580.061 111.100 588.415
202506 576.028 111.700 581.185
202509 597.708 112.000 601.444
202512 604.751 113.000 603.145
202603 610.843 112.700 610.843

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 0.69 mean?
Kitazawangyo Co (TSE:9930) has a Cyclically Adjusted PB Ratio of 0.69 as of Aug. 14, 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 Kitazawangyo Co and its competitors. This is 10% above median its historical median of 0.63. Over the past decade, Kitazawangyo Co's Cyclically Adjusted PB Ratio has ranged from 0.39 to 0.96. According to the industry distribution chart, Kitazawangyo Co ranks #370 out of 2219 companies in the Industrial Products industry, placing it in the top 16.7%.
Is Kitazawangyo Co's Cyclically Adjusted PB Ratio too high?
Kitazawangyo Co's current Cyclically Adjusted PB Ratio of 0.69 is 10% above median its 10-year median of 0.63. Over the past 10 years, this metric has ranged from a low of 0.39 to a high of 0.96. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.17. Kitazawangyo Co's value of 0.69 is 68.2% below this industry median. Based on the distribution chart, Kitazawangyo Co ranks #370 out of 2219 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Kitazawangyo Co has a GF Score™ of 70/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kitazawangyo Co's Cyclically Adjusted PB Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Kitazawangyo Co ranks #370 out of 2219 companies for Cyclically Adjusted PB Ratio. This places Kitazawangyo Co in the top 17% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 2.17. Kitazawangyo Co's value of 0.69 is 68.2% below this benchmark. Historically, Kitazawangyo Co's own Cyclically Adjusted PB Ratio has ranged from 0.39 to 0.96 over the past decade. While the company's 10-year median is 0.63 vs. the industry median of 2.17, Kitazawangyo 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 an Industrial Products company?
The median Cyclically Adjusted PB Ratio among Industrial Products companies is 2.17, based on 2,219 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. Kitazawangyo Co's current Cyclically Adjusted PB Ratio of 0.69 is 68.2% 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 Kitazawangyo Co and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kitazawangyo Co's current Cyclically Adjusted PB Ratio is 0.69, which is 10% above median its own 10-year median of 0.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kitazawangyo Co stock overvalued right now?
Based on GuruFocus' analysis, Kitazawangyo Co (TSE:9930) is currently considered Modestly Overvalued. The stock's GF Value™ is 円300.48, compared to a current price of 円382.00 — trading 27.1% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.69, which is 10% above median its 10-year median of 0.63 and 68.2% below the Industrial Products industry median of 2.17. Kitazawangyo Co's overall GF Score™ is 70/100 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 Kitazawangyo Co (TSE:9930), the current Cyclically Adjusted PB Ratio is 0.69 as of Aug. 14, 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 Kitazawangyo Co (TSE:9930) Overvalued in 2026?

Based on GuruFocus' analysis, Kitazawangyo Co stock appears to be overvalued. The current stock price of 円382.00 is trading 27.1% above its estimated GF Value™ of 円300.48. GuruFocus considers Kitazawangyo Co to be Modestly Overvalued.

Key valuation signals for TSE:9930:

  • Cyclically Adjusted PB Ratio: 0.69 (10% above median its 10-year median of 0.63)
  • GF Value™: 円300.48 vs. price of 円382.00 (27.1% above fair value)
  • GF Score™: 70/100 with 6 warning signs
  • Industry Position: 68.2% below the Industrial Products median (#370 of 2219)

No single metric tells the full story. See the TSE:9930 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kitazawangyo Co Business Description

Address 23-10 2-chome, Higashi, Tokyo, JPN
Kitazawa Sangyo Co Ltd is a Japanese firm. It is engaged in sales of food processing machines, Cooking equipment, Confectionery, bakery equipment, Kitchen facility design. Its service line handling product includes Scherrer coffee break, Espresso machine, Brewer, Coffee mill, Watercooler, Ice Slicer.
70GF Score

Get the complete analysis for TSE:9930

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

円382.00
Price
円300.48
GF Value