Shoei Foods (TSE:8079) Cyclically Adjusted Book per Share: 円2,855.66 (As of Apr. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:8079 Shoei Foods Corp TSE:8079
77 GF Score
Price 円4,310.00
GF Value 円4,947.66
Valuation Modestly Undervalued
View Full Analysis

What is Shoei Foods Cyclically Adjusted Book per Share?

Shoei Foods TSE:8079 -0.12% 77 Cyclically Adjusted Book per Share is 円2,855.66 as of Apr. 2026. GuruFocus rates TSE:8079 with a GF Score™ of 77/100 and a GF Value™ of 円4,947.66 (Modestly Undervalued).

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.

Shoei Foods's adjusted book value per share for the three months ended in Apr. 2026 was 円3,549.832. 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2,855.66 for the trailing ten years ended in Apr. 2026.

During the past 12 months, Shoei Foods's average Cyclically Adjusted Book Growth Rate was 6.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 8.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 9.40% 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 Shoei Foods was 10.00% per year. The lowest was 7.20% per year. And the median was 8.90% per year.

As of today (2026-07-16), Shoei Foods's current stock price is 円4310.00. Shoei Foods's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2026 was 円2,855.66. Shoei Foods's Cyclically Adjusted PB Ratio of today is 1.51.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Shoei Foods was 3.08. The lowest was 1.38. And the median was 1.94.


Shoei Foods  (TSE:8079) 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.

Shoei Foods's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=4310.00/2855.66
=1.51

* 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 Shoei Foods was 3.08. The lowest was 1.38. And the median was 1.94.


Be Aware

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


Shoei Foods Cyclically Adjusted Book per Share Related Terms


Shoei Foods Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Shoei 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.

Shoei Foods Cyclically Adjusted Book per Share Chart

Shoei Foods Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,932.43 2,156.62 2,368.41 2,572.87 2,782.50

Shoei Foods Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 2,687.97 2,729.66 2,782.50 2,817.02 2,855.66

TSE:8079 vs KHC, GIS: Cyclically Adjusted Book per Share Comparison

For the Packaged Foods subindustry, Shoei 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.


Shoei Foods Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

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

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


TSE:8079
77GF Score
Shoei Foods Corp TSE:8079
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shoei 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, Shoei Foods's adjusted Book Value per Share data for the three months ended in Apr. 2026 was:

Adj_Book= Book Value per Share /CPI of Apr. 2026 (Change)*Current CPI (Apr. 2026)
=3549.832/113.0000*113.0000
=3,549.832

Current CPI (Apr. 2026) = 113.0000.

Shoei Foods Quarterly Data

Book Value per Share CPI Adj_Book
201607 1,831.356 97.900 2,113.823
201610 1,867.670 98.600 2,140.433
201701 1,980.721 98.200 2,279.241
201704 2,035.175 98.500 2,334.769
201707 2,068.886 98.300 2,378.272
201710 2,125.079 98.800 2,430.505
201801 2,174.604 99.500 2,469.651
201804 2,201.853 99.100 2,510.690
201807 2,215.942 99.200 2,524.208
201810 2,238.036 100.200 2,523.933
201901 2,251.117 99.700 2,551.416
201904 2,317.715 100.000 2,619.018
201907 2,278.450 99.800 2,579.808
201910 2,311.007 100.400 2,601.034
202001 2,355.905 100.500 2,648.928
202004 2,393.093 100.200 2,698.797
202007 2,391.279 100.000 2,702.145
202010 2,399.060 99.800 2,716.371
202101 2,447.812 99.800 2,771.571
202104 2,547.322 99.100 2,904.615
202107 2,548.869 99.700 2,888.889
202110 2,585.507 99.900 2,924.547
202201 2,633.608 100.300 2,967.076
202204 2,751.925 101.500 3,063.719
202207 2,829.089 102.300 3,124.996
202210 2,867.031 103.700 3,124.151
202301 2,773.417 104.700 2,993.277
202304 2,864.016 105.100 3,079.294
202307 2,951.377 105.700 3,155.209
202310 3,034.538 107.100 3,201.707
202401 3,001.737 106.900 3,173.024
202404 3,145.077 107.700 3,299.849
202407 3,221.897 108.600 3,352.434
202410 3,156.037 109.500 3,256.915
202501 3,236.582 111.200 3,288.973
202504 3,232.423 111.500 3,275.909
202507 3,242.463 111.900 3,274.337
202510 3,308.280 112.800 3,314.146
202601 3,415.846 112.900 3,418.872
202604 3,549.832 113.000 3,549.832

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2,855.66 mean?
Shoei Foods (TSE:8079) has a Cyclically Adjusted Book per Share of 円2,855.66 as of Apr. 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 Shoei Foods and its competitors.
Is Shoei Foods' Cyclically Adjusted Book per Share too high?
Shoei Foods' current Cyclically Adjusted Book per Share is 円2,855.66. Overall, Shoei Foods has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shoei Foods' Cyclically Adjusted Book per Share compare to KHC and GIS?
Shoei Foods' Cyclically Adjusted Book per Share of 円2,855.66 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 Shoei Foods and its competitors. Shoei Foods's current Cyclically Adjusted Book per Share is 円2,855.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shoei Foods stock overvalued right now?
Based on GuruFocus' analysis, Shoei Foods (TSE:8079) is currently considered Modestly Undervalued. The stock's GF Value™ is 円4,947.66, compared to a current price of 円4,310.00 — trading 12.9% below its estimated fair value. The current Cyclically Adjusted Book per Share is 円2,855.66. Shoei Foods' overall GF Score™ is 77/100. 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 Shoei Foods (TSE:8079), the current Cyclically Adjusted Book per Share is 円2,855.66 as of Apr. 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 Shoei Foods (TSE:8079) Overvalued in 2026?

Based on GuruFocus' analysis, Shoei Foods stock appears to be undervalued. The current stock price of 円4,310.00 is trading 12.9% below its estimated GF Value™ of 円4,947.66. GuruFocus considers Shoei Foods to be Modestly Undervalued.

Key valuation signals for TSE:8079:

  • Cyclically Adjusted Book per Share: 円2,855.66
  • GF Value™: 円4,947.66 vs. price of 円4,310.00 (12.9% below fair value)
  • GF Score™: 77/100

No single metric tells the full story. See the TSE:8079 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shoei Foods Business Description

Address 1-8-1 Nihonbashi-Kayabacho, Chuo-ku, Tokyo, JPN, 103-8203
Shoei Foods Corp is a food distribution company. It offers baking ingredients, dried fruits, canned goods, nuts, confectionery, dairy products & oils, among others. It also engages in leasing of industrial facilities & apartments.
77GF Score

Get the complete analysis for TSE:8079

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

円4,310.00
Price
円4,947.66
GF Value