EZKGF (Ezaki Glico Co) Cyclically Adjusted Book per Share: $22.31 (As of Dec. 2025)

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Director of Data and Quant Analytics at GuruFocus
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EZKGF Ezaki Glico Co Ltd EZKGF
69 GF Score
Price $30.82
GF Value $29.67
! 2 Warning Signs
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What is Ezaki Glico Co Cyclically Adjusted Book per Share?

Ezaki Glico Co EZKGF 69 Cyclically Adjusted Book per Share is $22.31 as of Dec. 2025. GuruFocus rates EZKGF with a GF Score™ of 69/100 and a GF Value™ of $29.67. The stock has 2 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.

Ezaki Glico Co's adjusted book value per share for the three months ended in Dec. 2025 was $27.998. 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 $22.31 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Ezaki Glico Co's average Cyclically Adjusted Book Growth Rate was 5.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 7.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 8.00% 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 Ezaki Glico Co was 8.80% per year. The lowest was 6.80% per year. And the median was 8.30% per year.

As of today (2026-07-21), Ezaki Glico Co's current stock price is $30.816. Ezaki Glico Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was $22.31. Ezaki Glico Co's Cyclically Adjusted PB Ratio of today is 1.38.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Ezaki Glico Co was 2.75. The lowest was 1.03. And the median was 1.41.


Ezaki Glico Co  (OTCPK:EZKGF) 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.

Ezaki Glico Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=30.816/22.31
=1.38

* 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 Ezaki Glico Co was 2.75. The lowest was 1.03. And the median was 1.41.


Be Aware

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


Ezaki Glico Co Cyclically Adjusted Book per Share Related Terms


Ezaki Glico Co Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Ezaki Glico Co'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.

Ezaki Glico Co Cyclically Adjusted Book per Share Chart

Ezaki Glico Co Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 22.35 22.96 22.31

Ezaki Glico Co 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 25.10 25.52 23.49 22.31 0.00

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

For the Packaged Foods subindustry, Ezaki Glico 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.


Ezaki Glico Co Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

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

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


EZKGF
69GF Score
Ezaki Glico Co Ltd EZKGF
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ezaki Glico Co 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, Ezaki Glico Co's adjusted Book Value per Share data for the three months ended in Dec. 2025 was:

Adj_Book= Book Value per Share /CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=27.998/113.0000*113.0000
=27.998

Current CPI (Dec. 2025) = 113.0000.

Ezaki Glico Co Quarterly Data

Book Value per Share CPI Adj_Book
201603 23.434 97.900 27.048
201606 25.641 98.100 29.536
201609 27.350 98.000 31.536
201612 24.769 98.400 28.444
201703 25.922 98.100 29.859
201706 27.002 98.500 30.977
201709 27.944 98.800 31.960
201712 28.126 99.400 31.974
201803 29.853 99.200 34.006
201806 29.256 99.200 33.326
201809 29.532 99.900 33.405
201812 28.984 99.700 32.850
201903 29.242 99.700 33.143
201906 29.768 99.800 33.705
201909 30.564 100.100 34.503
201912 30.102 100.500 33.846
202003 29.964 100.300 33.758
202006 30.859 99.900 34.906
202009 31.740 99.900 35.902
202012 32.958 99.300 37.505
202103 32.657 99.900 36.939
202106 32.748 99.500 37.191
202109 33.295 100.100 37.586
202112 32.597 100.100 36.798
202203 32.019 101.100 35.788
202206 29.410 101.800 32.646
202209 27.788 103.100 30.456
202212 28.474 104.100 30.908
202303 29.152 104.400 31.553
202306 28.872 105.200 31.013
202309 28.173 106.200 29.977
202312 28.675 106.800 30.340
202403 28.511 107.200 30.054
202406 27.269 108.200 28.479
202409 29.132 108.900 30.229
202412 27.777 110.700 28.354
202503 27.970 111.100 28.448
202506 28.924 111.700 29.261
202509 28.894 112.000 29.152
202512 27.998 113.000 27.998

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 $22.31 mean?
Ezaki Glico Co (EZKGF) has a Cyclically Adjusted Book per Share of $22.31 as of Dec. 2025. 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 Ezaki Glico Co and its competitors.
Is Ezaki Glico Co's Cyclically Adjusted Book per Share too high?
Ezaki Glico Co's current Cyclically Adjusted Book per Share is $22.31. Overall, Ezaki Glico Co has a GF Score™ of 69/100, reflecting its overall financial health beyond just this single metric.
How does Ezaki Glico Co's Cyclically Adjusted Book per Share compare to KHC and GIS?
Ezaki Glico Co's Cyclically Adjusted Book per Share of $22.31 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 Ezaki Glico Co and its competitors. Ezaki Glico Co's current Cyclically Adjusted Book per Share is $22.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ezaki Glico Co stock overvalued right now?
Ezaki Glico Co (EZKGF) has a current Cyclically Adjusted Book per Share of $22.31. The stock's GF Value™ is $29.67, compared to a current price of $30.82 — trading 3.9% above its estimated fair value. The current Cyclically Adjusted Book per Share is $22.31. Ezaki Glico Co's overall GF Score™ is 69/100 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 Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For Ezaki Glico Co (EZKGF), the current Cyclically Adjusted Book per Share is $22.31 as of Dec. 2025. 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 Ezaki Glico Co (EZKGF) Overvalued in 2026?

Based on GuruFocus' analysis, Ezaki Glico Co stock appears to be overvalued. The current stock price of $30.82 is trading 3.9% above its estimated GF Value™ of $29.67.

Key valuation signals for EZKGF:

  • Cyclically Adjusted Book per Share: $22.31
  • GF Value™: $29.67 vs. price of $30.82 (3.9% above fair value)
  • GF Score™: 69/100 with 2 warning signs

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


Ezaki Glico Co Business Description

Other Exchanges 2206:Japan5EJ:Germany
Address 4-6-5 Utashima, Nishiyodogawa-ku, Osaka, JPN, 555-8502
Ezaki Glico Co Ltd is a Japanese food company. The reportable segments of the company are Health and Food Business includes the production and sales of health-related products, retort-packed food and others; Dairy Food Business includes the production and sales of dairy products, western-style fresh confectioneries, ice cream and others; Nutritional Confectionery Business includes the production and sales of chocolate, cookies and others; Food Ingredients Business: includes the production and sales of wheat protein, starch, food colouring and others; Other Domestic Business includes directly managed stores business, Office Glico business and others and Overseas Business includes the production and sales of chocolate, cookies and others overseas.
69GF Score

Get the complete analysis for EZKGF

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

$30.82
Price
$29.67
GF Value