Ezaki Glico Co (FRA:5EJ) Cyclically Adjusted Book per Share: €20.99 (As of Dec. 2025)

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FRA:5EJ Ezaki Glico Co Ltd FRA:5EJ
79 GF Score
Price €27.00
GF Value €26.43
Valuation Fairly Valued
! 2 Warning Signs
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What is Ezaki Glico Co Cyclically Adjusted Book per Share?

Ezaki Glico Co FRA:5EJ 79 Cyclically Adjusted Book per Share is €20.99 as of Dec. 2025. GuruFocus rates FRA:5EJ with a GF Score™ of 79/100 and a GF Value™ of €26.43 (Fairly Valued). 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 €23.910. 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 €20.99 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 €27.00. Ezaki Glico Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was €20.99. Ezaki Glico Co's Cyclically Adjusted PB Ratio of today is 1.29.

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  (FRA:5EJ) 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
=27.00/20.99
=1.29

* 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 22.03 22.23 21.69 22.21 20.99

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 22.64 22.03 21.64 20.99 0.00

FRA:5EJ 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.


FRA:5EJ
79GF Score
Ezaki Glico Co Ltd FRA:5EJ
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)
=23.91/113.0000*113.0000
=23.910

Current CPI (Dec. 2025) = 113.0000.

Ezaki Glico Co Quarterly Data

Book Value per Share CPI Adj_Book
201603 21.044 97.900 24.290
201606 22.820 98.100 26.286
201609 24.369 98.000 28.099
201612 23.481 98.400 26.965
201703 24.237 98.100 27.918
201706 24.032 98.500 27.570
201709 23.445 98.800 26.815
201712 23.767 99.400 27.019
201803 24.211 99.200 27.579
201806 25.043 99.200 28.527
201809 25.309 99.900 28.628
201812 25.477 99.700 28.876
201903 25.879 99.700 29.331
201906 26.344 99.800 29.828
201909 27.752 100.100 31.328
201912 27.092 100.500 30.462
202003 27.118 100.300 30.552
202006 27.403 99.900 30.996
202009 26.947 99.900 30.481
202012 27.092 99.300 30.830
202103 27.432 99.900 31.029
202106 27.181 99.500 30.869
202109 28.301 100.100 31.948
202112 28.848 100.100 32.566
202203 29.073 101.100 32.495
202206 27.822 101.800 30.883
202209 28.066 103.100 30.761
202212 26.880 104.100 29.178
202303 27.228 104.400 29.471
202306 26.649 105.200 28.625
202309 26.398 106.200 28.088
202312 26.295 106.800 27.821
202403 26.230 107.200 27.649
202406 25.333 108.200 26.457
202409 26.248 108.900 27.236
202412 26.527 110.700 27.078
202503 25.873 111.100 26.315
202506 25.077 111.700 25.369
202509 24.617 112.000 24.837
202512 23.910 113.000 23.910

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 €20.99 mean?
Ezaki Glico Co (FRA:5EJ) has a Cyclically Adjusted Book per Share of €20.99 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 €20.99. Overall, Ezaki Glico Co has a GF Score™ of 79/100 and is considered Fairly Valued, 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 €20.99 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 €20.99. 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?
Based on GuruFocus' analysis, Ezaki Glico Co (FRA:5EJ) is currently considered Fairly Valued. The stock's GF Value™ is €26.43, compared to a current price of €27.00 — trading 2.2% above its estimated fair value. The current Cyclically Adjusted Book per Share is €20.99. Ezaki Glico Co's overall GF Score™ is 79/100 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 (FRA:5EJ), the current Cyclically Adjusted Book per Share is €20.99 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 (FRA:5EJ) Overvalued in 2026?

Based on GuruFocus' analysis, Ezaki Glico Co stock appears to be overvalued. The current stock price of €27.00 is trading 2.2% above its estimated GF Value™ of €26.43. GuruFocus considers Ezaki Glico Co to be Fairly Valued.

Key valuation signals for FRA:5EJ:

  • Cyclically Adjusted Book per Share: €20.99
  • GF Value™: €26.43 vs. price of €27.00 (2.2% above fair value)
  • GF Score™: 79/100 with 2 warning signs

No single metric tells the full story. See the FRA:5EJ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ezaki Glico Co Business Description

Other Exchanges 2206:Japan
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.
79GF Score

Get the complete analysis for FRA:5EJ

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

€27.00
Price
€26.43
GF Value