CBCFF (CALBEE) Cyclically Adjusted Book per Share: $10.52 (As of Mar. 2026)


CBCFF CALBEE Inc CBCFF
91 GF Score
Price $23.00
GF Value $26.59
! 4 Warning Signs
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What is CALBEE Cyclically Adjusted Book per Share?

CALBEE CBCFF 91 Cyclically Adjusted Book per Share is $10.52 as of Mar. 2026. GuruFocus rates CBCFF with a GF Score™ of 91/100 and a GF Value™ of $26.59. The stock has 4 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

CALBEE's adjusted book value per share for the three months ended in Mar. 2026 was $10.915. 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 $10.52 for the trailing ten years ended in Mar. 2026.

During the past 12 months, CALBEE's average Cyclically Adjusted Book Growth Rate was 6.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 8.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 9.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of CALBEE was 9.60% per year. The lowest was 8.40% per year. And the median was 9.40% per year.

As of today (2026-06-28), CALBEE's current stock price is $23.00. CALBEE's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $10.52. CALBEE's Cyclically Adjusted PB Ratio of today is 2.19.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of CALBEE was 3.96. The lowest was 1.96. And the median was 2.59.


CALBEE  (OTCPK:CBCFF) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

CALBEE's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=23.00/10.52
=2.19

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of CALBEE was 3.96. The lowest was 1.96. And the median was 2.59.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


CALBEE Cyclically Adjusted Book per Share Related Terms


CALBEE Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for CALBEE's Cyclically Adjusted Book per Share 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.

CALBEE Cyclically Adjusted Book per Share Chart

CALBEE Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.42 8.74 8.03 10.87 10.52

CALBEE Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted Book per Share 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 10.87 11.26 10.99 10.72 10.52

CBCFF vs KHC, GIS: Cyclically Adjusted Book per Share Comparison

For the Packaged Foods subindustry, CALBEE'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.


CALBEE Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, CALBEE's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


CBCFF
91GF Score
CALBEE Inc CBCFF
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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CALBEE Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, CALBEE'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)
=10.915/112.7000*112.7000
=10.915

Current CPI (Mar. 2026) = 112.7000.

CALBEE Quarterly Data

Book Value per Share CPI Adj_Book
201606 8.453 98.100 9.711
201609 9.060 98.000 10.419
201612 8.460 98.400 9.689
201703 8.490 98.100 9.754
201706 8.428 98.500 9.643
201709 8.728 98.800 9.956
201712 8.990 99.400 10.193
201803 9.839 99.200 11.178
201806 9.412 99.200 10.693
201809 9.628 99.900 10.862
201812 9.937 99.700 11.233
201903 10.362 99.700 11.713
201906 10.451 99.800 11.802
201909 10.802 100.100 12.162
201912 11.108 100.500 12.456
202003 11.342 100.300 12.744
202006 11.191 99.900 12.625
202009 11.676 99.900 13.172
202012 12.280 99.300 13.937
202103 12.072 99.900 13.619
202106 11.652 99.500 13.198
202109 11.941 100.100 13.444
202112 11.720 100.100 13.195
202203 11.455 101.100 12.769
202206 10.168 101.800 11.257
202209 9.769 103.100 10.679
202212 10.357 104.100 11.213
202303 10.427 104.400 11.256
202306 10.017 105.200 10.731
202309 9.865 106.200 10.469
202312 10.381 106.800 10.954
202403 10.249 107.200 10.775
202406 9.727 108.200 10.132
202409 10.883 108.900 11.263
202412 10.689 110.700 10.882
202503 11.018 111.100 11.177
202506 11.138 111.700 11.238
202509 11.122 112.000 11.192
202512 10.831 113.000 10.802
202603 10.915 112.700 10.915

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

What does a Cyclically Adjusted Book per Share of $10.52 mean?
CALBEE (CBCFF) has a Cyclically Adjusted Book per Share of $10.52 as of Mar. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on CALBEE and its competitors.
Is CALBEE's Cyclically Adjusted Book per Share too high?
CALBEE's current Cyclically Adjusted Book per Share is $10.52. Overall, CALBEE has a GF Score™ of 91/100, reflecting its overall financial health beyond just this single metric.
How does CALBEE's Cyclically Adjusted Book per Share compare to KHC and GIS?
CALBEE's Cyclically Adjusted Book per Share of $10.52 can be compared against companies in the Consumer Packaged Goods industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for a Consumer Packaged Goods company?
A good Cyclically Adjusted Book per Share depends on the Consumer Packaged Goods industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on CALBEE and its competitors. CALBEE's current Cyclically Adjusted Book per Share is $10.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CALBEE stock overvalued right now?
CALBEE (CBCFF) has a current Cyclically Adjusted Book per Share of $10.52. The stock's GF Value™ is $26.59, compared to a current price of $23.00 — trading 13.5% below its estimated fair value. The current Cyclically Adjusted Book per Share is $10.52. CALBEE's overall GF Score™ is 91/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For CALBEE (CBCFF), the current Cyclically Adjusted Book per Share is $10.52 as of Mar. 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 CALBEE (CBCFF) Overvalued in 2026?

Based on GuruFocus' analysis, CALBEE stock appears to be undervalued. The current stock price of $23.00 is trading 13.5% below its estimated GF Value™ of $26.59.

Key valuation signals for CBCFF:

  • Cyclically Adjusted Book per Share: $10.52
  • GF Value™: $26.59 vs. price of $23.00 (13.5% below fair value)
  • GF Score™: 91/100 with 4 warning signs

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


CALBEE Business Description

Address 1-8-3 Marunouchi, 22nd Floor, Marunouchi Trust Tower Main Building, Chiyoda-ku, Tokyo, JPN, 100-0005
Calbee Inc is engaged in the manufacture and sale of food products. The company operates a single reportable segment, the food manufacturing and sales business, which includes the production and distribution of snacks, cereals, and other related food items. It conducts business activities in Japan and overseas.
91GF Score

Get the complete analysis for CBCFF

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

$23.00
Price
$26.59
GF Value