Kansai Paint Co Ltd
TSE:4613

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Kansai Paint Co Ltd
TSE:4613
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Price: 2 375.5 JPY -0.48%
Market Cap: ¥422.8B

P/B

1.5
Current
5%
Cheaper
vs 3-y average of 1.5

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
1.5
=
Market Cap
¥477.1B
/
Total Equity
¥286.1B

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
1.5
=
Market Cap
¥477.1B
/
Total Equity
¥286.1B

Valuation Scenarios

Kansai Paint Co Ltd is trading below its 3-year average

If P/B returns to its 3-Year Average (1.5), the stock would be worth ¥2 506.19 (6% upside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-30%
Maximum Upside
+9%
Average Downside
5%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 1.5 ¥2 375.5
0%
3-Year Average 1.5 ¥2 506.19
+6%
5-Year Average 1.6 ¥2 584.09
+9%
Industry Average 1 ¥1 669.94
-30%
Country Average 1.4 ¥2 296.45
-3%

Forward P/B
Today’s price vs future total equity

Not enough data available to calculate forward P/B

Peer Comparison

All Multiples
P/B
P/E
All Countries
Close
Market Cap P/B P/E
JP
Kansai Paint Co Ltd
TSE:4613
418.2B JPY 1.5 11.8
US
Sherwin-Williams Co
NYSE:SHW
83.6B USD 18.2 32.6
JP
Shin-Etsu Chemical Co Ltd
TSE:4063
13T JPY 3 26.8
US
Ecolab Inc
NYSE:ECL
76B USD 7.8 36.6
JP
Yasuhara Chemical Co Ltd
TSE:4957
10.8T JPY 0.7 10.5
CN
Wanhua Chemical Group Co Ltd
SSE:600309
280.3B CNY 2.6 21.3
CH
Givaudan SA
SIX:GIVN
26B CHF 5.7 24.2
DK
Novozymes A/S
CSE:NZYM B
165.6B DKK 11.8 54.8
IN
Asian Paints Ltd
NSE:ASIANPAINT
2.4T INR 12.2 61.9
US
PPG Industries Inc
NYSE:PPG
24.5B USD 3.1 15.6
CH
Sika AG
F:SIKA
19.9B EUR 2.7 17.5

Market Distribution

In line with most companies in Japan
Percentile
52st
Based on 5 195 companies
52st percentile
1.5
Low
0 — 1.1
Typical Range
1.1 — 2.1
High
2.1 —
Distribution Statistics
Japan
Min 0
30th Percentile 1.1
Median 1.4
70th Percentile 2.1
Max 31 732 017.6

Kansai Paint Co Ltd
Glance View

Market Cap
422.8B JPY
Industry
Chemicals

Kansai Paint Co Ltd, founded in 1918, has steadily brushed its way to becoming a dominant player in the global paint and coatings industry. Like a seasoned artisan, Kansai Paint has developed an intricate palette of products equipped to meet a broad spectrum of industrial and consumer needs. With a rich legacy rooted in innovation, the company has ventured beyond traditional paints, offering advanced coatings utilized in automotive, marine, industrial, and decorative applications. Its diversification strategy has been pivotal in cushioning against sector-specific downturns, helping Kansai Paint maintain a stable financial performance while continuing to expand internationally. By investing in technology and driving sustainability initiatives, Kansai Paint effectively capitalizes on emerging market trends that prioritize eco-friendly solutions and efficient application methods. The company's success and financial engine are propelled by its stronghold in automotive coatings, which account for a substantial portion of its revenue. With Japan's reputation for quality automotive production, Kansai Paint leverages this advantage by supplying major automobile manufacturers globally. Its strategic alliances and joint ventures across regions, such as Asia, the Middle East, and Africa, have fortified its market share, transcending geographic limitations. Revenue flows not just from product sales but also from providing technical services that encompass color design, expertise on application methods, and solutions tailored to customer requirements. As Kansai Paint continues to grow, its ability to adapt to new markets and anticipate customer needs remains crucial in sustaining its business momentum and achieving long-term profitability.

Intrinsic Value
2 979.14 JPY
Undervaluation 20%
Intrinsic Value
Price ¥2 375.5
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