S&B Foods (TSE:2805) Cyclically Adjusted Book per Share: 円2,517.44 (As of Mar. 2026)

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TSE:2805 S&B Foods Inc TSE:2805
61 GF Score
Price 円6,070.00
GF Value 円2,640.26
Valuation Significantly Overvalued
! 6 Warning Signs
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What is S&B Foods Cyclically Adjusted Book per Share?

S&B Foods TSE:2805 +5.57% 61 Cyclically Adjusted Book per Share is 円2,517.44 as of Mar. 2026. GuruFocus rates TSE:2805 with a GF Score™ of 61/100 and a GF Value™ of 円2,640.26 (Significantly Overvalued). The stock has 6 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.

S&B Foods's adjusted book value per share for the three months ended in Mar. 2026 was 円3,898.494. 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2,517.44 for the trailing ten years ended in Mar. 2026.

During the past 12 months, S&B Foods's average Cyclically Adjusted Book Growth Rate was 11.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 11.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 11.70% 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 S&B Foods was 12.20% per year. The lowest was 7.10% per year. And the median was 10.55% per year.

As of today (2026-07-15), S&B Foods's current stock price is 円6070.00. S&B Foods's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円2,517.44. S&B Foods's Cyclically Adjusted PB Ratio of today is 2.41.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of S&B Foods was 2.43. The lowest was 0.97. And the median was 1.46.


S&B Foods  (TSE:2805) 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.

S&B Foods's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=6070.00/2517.44
=2.41

* 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 S&B Foods was 2.43. The lowest was 0.97. And the median was 1.46.


Be Aware

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


S&B Foods Cyclically Adjusted Book per Share Related Terms


S&B Foods Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for S&B Foods'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.

S&B Foods Cyclically Adjusted Book per Share Chart

S&B Foods 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 1,604.89 1,798.64 2,004.31 2,266.13 2,517.44

S&B Foods 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 2,266.13 2,327.97 2,386.98 2,464.47 2,517.44

TSE:2805 vs KHC, GIS: Cyclically Adjusted Book per Share Comparison

For the Packaged Foods subindustry, S&B Foods'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.


S&B Foods Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

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

* The bar in red indicates where S&B Foods's Cyclically Adjusted PB Ratio falls into.


TSE:2805
61GF Score
S&B Foods Inc TSE:2805
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

S&B Foods 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, S&B Foods'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)
=3898.494/112.7000*112.7000
=3,898.494

Current CPI (Mar. 2026) = 112.7000.

S&B Foods Quarterly Data

Book Value per Share CPI Adj_Book
201606 1,334.929 98.100 1,533.603
201609 1,365.063 98.000 1,569.822
201612 1,418.529 98.400 1,624.677
201703 1,443.355 98.100 1,658.166
201706 1,510.864 98.500 1,728.674
201709 1,545.938 98.800 1,763.433
201712 1,626.634 99.400 1,844.282
201803 1,585.223 99.200 1,800.954
201806 1,639.506 99.200 1,862.624
201809 1,696.898 99.900 1,914.318
201812 1,687.923 99.700 1,908.013
201903 1,717.227 99.700 1,941.138
201906 1,758.759 99.800 1,986.094
201909 1,847.571 100.100 2,080.132
201912 1,927.525 100.500 2,161.513
202003 1,876.978 100.300 2,109.027
202006 1,977.049 99.900 2,230.365
202009 2,066.924 99.900 2,331.755
202012 2,153.649 99.300 2,444.272
202103 2,170.709 99.900 2,448.838
202106 2,240.787 99.500 2,538.057
202109 2,308.110 100.100 2,598.641
202112 2,376.496 100.100 2,675.635
202203 2,421.612 101.100 2,699.463
202206 2,482.374 101.800 2,748.168
202209 2,512.411 103.100 2,746.350
202212 2,610.203 104.100 2,825.839
202303 2,603.434 104.400 2,810.412
202306 2,703.848 105.200 2,896.613
202309 2,782.449 106.200 2,952.750
202312 2,884.108 106.800 3,043.436
202403 3,007.613 107.200 3,161.922
202406 3,113.451 108.200 3,242.938
202409 3,106.918 108.900 3,215.332
202412 3,276.895 110.700 3,336.098
202503 3,321.168 111.100 3,368.998
202506 3,504.717 111.700 3,536.093
202509 3,634.348 112.000 3,657.063
202512 3,813.534 113.000 3,803.410
202603 3,898.494 112.700 3,898.494

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 円2,517.44 mean?
S&B Foods (TSE:2805) has a Cyclically Adjusted Book per Share of 円2,517.44 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 S&B Foods and its competitors.
Is S&B Foods' Cyclically Adjusted Book per Share too high?
S&B Foods' current Cyclically Adjusted Book per Share is 円2,517.44. Overall, S&B Foods has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does S&B Foods' Cyclically Adjusted Book per Share compare to KHC and GIS?
S&B Foods' Cyclically Adjusted Book per Share of 円2,517.44 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 S&B Foods and its competitors. S&B Foods's current Cyclically Adjusted Book per Share is 円2,517.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is S&B Foods stock overvalued right now?
Based on GuruFocus' analysis, S&B Foods (TSE:2805) is currently considered Significantly Overvalued. The stock's GF Value™ is 円2,640.26, compared to a current price of 円6,070.00 — trading 129.9% above its estimated fair value. The current Cyclically Adjusted Book per Share is 円2,517.44. S&B Foods' overall GF Score™ is 61/100 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 Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For S&B Foods (TSE:2805), the current Cyclically Adjusted Book per Share is 円2,517.44 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 S&B Foods (TSE:2805) Overvalued in 2026?

Based on GuruFocus' analysis, S&B Foods stock appears to be overvalued. The current stock price of 円6,070.00 is trading 129.9% above its estimated GF Value™ of 円2,640.26. GuruFocus considers S&B Foods to be Significantly Overvalued.

Key valuation signals for TSE:2805:

  • Cyclically Adjusted Book per Share: 円2,517.44
  • GF Value™: 円2,640.26 vs. price of 円6,070.00 (129.9% above fair value)
  • GF Score™: 61/100 with 6 warning signs

No single metric tells the full story. See the TSE:2805 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


S&B Foods Business Description

Address No. 6, No. 18, Chuo-ku, Kabuto-cho, Nihonbashi, Tokyo, JPN, 103-0026
S&B Foods Inc produces, processes, and sells various types of seasonings and instant foods. Its products include curry powder, spices, cooked rice, snacks, and instant sauce.
61GF Score

Get the complete analysis for TSE:2805

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

円6,070.00
Price
円2,640.26
GF Value