Marutai Co (FSE:2919) Cyclically Adjusted PB Ratio: 0.85 (As of Aug. 05, 2026) — Near Median

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FSE:2919 Marutai Co Ltd FSE:2919
65 GF Score
Price 円4,210.00
GF Value 円4,118.39
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is Marutai Co Cyclically Adjusted PB Ratio?

Marutai Co FSE:2919 -0.94% 65 Cyclically Adjusted PB Ratio is 0.85 as of Aug. 05, 2026, which is 2% above its 10-year median of 0.83. GuruFocus rates FSE:2919 with a GF Score™ of 65/100 and a GF Value™ of 円4,118.39 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,421 Consumer Packaged Goods companies, Marutai Co ranks better than 65.52% on this metric.

As of today (2026-08-05), Marutai Co's current share price is 円4210.00. Marutai Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar26 was 円4,968.42. Marutai Co's Cyclically Adjusted PB Ratio for today is 0.85.

The historical rank and industry rank for Marutai Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

FSE:2919' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.77   Med: 0.83   Max: 0.95
Current: 0.86

During the past 13 years, Marutai Co's highest Cyclically Adjusted PB Ratio was 0.95. The lowest was 0.77. And the median was 0.83.

FSE:2919's Cyclically Adjusted PB Ratio is ranked better than
65.52% of 1421 companies
in the Consumer Packaged Goods industry
Industry Median: 1.25 vs FSE:2919: 0.86

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.

Marutai Co's adjusted book value per share data of for the fiscal year that ended in Mar26 was 円5,431.376. 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4,968.42 for the trailing ten years ended in Mar26.

Shiller PE for Stocks: The True Measure of Stock Valuation


Marutai Co  (FSE:2919) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Marutai Co Cyclically Adjusted PB Ratio Related Terms


Marutai Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Marutai Co's Cyclically Adjusted PB Ratio 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.

Marutai Co Cyclically Adjusted PB Ratio Chart

Marutai Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.79 0.77 0.81 0.87 0.85

Marutai Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Cyclically Adjusted PB Ratio 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 0.81 0.88 0.87 0.00 0.85

FSE:2919 vs KHC, GIS: Cyclically Adjusted PB Ratio Comparison

For the Packaged Foods subindustry, Marutai 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.


Marutai Co Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

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

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


FSE:2919
65GF Score
Marutai Co Ltd FSE:2919
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Marutai Co Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Marutai Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4210.00/4968.42
=0.85

* 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.

Marutai Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar26 is calculated as:

For example, Marutai Co's adjusted Book Value per Share data for the fiscal year that ended in Mar26 was:

Adj_Book=Book Value per Share/CPI of Mar26 (Change)*Current CPI (Mar26)
=5431.376/112.7000*112.7000
=5,431.376

Current CPI (Mar26) = 112.7000.

Marutai Co Annual Data

Book Value per Share CPI Adj_Book
201703 3,787.833 98.100 4,351.568
201803 3,971.442 99.200 4,511.910
201903 4,068.607 99.700 4,599.117
202003 4,202.174 100.300 4,721.685
202103 4,553.443 99.900 5,136.867
202203 4,720.968 101.100 5,262.642
202303 4,794.421 104.400 5,175.587
202403 4,986.495 107.200 5,242.332
202503 5,176.527 111.100 5,251.076
202603 5,431.376 112.700 5,431.376

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

What does a Cyclically Adjusted PB Ratio of 0.85 mean?
Marutai Co (FSE:2919) has a Cyclically Adjusted PB Ratio of 0.85 as of Aug. 05, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Marutai Co and its competitors. This is near median its historical median of 0.83. Over the past decade, Marutai Co's Cyclically Adjusted PB Ratio has ranged from 0.77 to 0.95. According to the industry distribution chart, Marutai Co ranks #490 out of 1421 companies in the Consumer Packaged Goods industry, placing it in the top 34.5%.
Is Marutai Co's Cyclically Adjusted PB Ratio too high?
Marutai Co's current Cyclically Adjusted PB Ratio of 0.85 is near median its 10-year median of 0.83. Over the past 10 years, this metric has ranged from a low of 0.77 to a high of 0.95. The Consumer Packaged Goods industry median Cyclically Adjusted PB Ratio is 1.25. Marutai Co's value of 0.85 is 32% below this industry median. Based on the distribution chart, Marutai Co ranks #490 out of 1421 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Marutai Co has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Marutai Co's Cyclically Adjusted PB Ratio compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Marutai Co ranks #490 out of 1421 companies for Cyclically Adjusted PB Ratio. This puts Marutai Co in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.25. Marutai Co's value of 0.85 is 32% below this benchmark. Historically, Marutai Co's own Cyclically Adjusted PB Ratio has ranged from 0.77 to 0.95 over the past decade. While the company's 10-year median is 0.83 vs. the industry median of 1.25, Marutai Co has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a Consumer Packaged Goods company?
The median Cyclically Adjusted PB Ratio among Consumer Packaged Goods companies is 1.25, based on 1,421 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Marutai Co's current Cyclically Adjusted PB Ratio of 0.85 is 32% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Marutai Co and its competitors. For the Consumer Packaged Goods industry, the median Cyclically Adjusted PB Ratio is 1.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Marutai Co's current Cyclically Adjusted PB Ratio is 0.85, which is near median its own 10-year median of 0.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Marutai Co stock overvalued right now?
Based on GuruFocus' analysis, Marutai Co (FSE:2919) is currently considered Fairly Valued. The stock's GF Value™ is 円4,118.39, compared to a current price of 円4,210.00 — trading 2.2% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.85, which is near median its 10-year median of 0.83 and 32% below the Consumer Packaged Goods industry median of 1.25. Marutai Co's overall GF Score™ is 65/100 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 PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Marutai Co (FSE:2919), the current Cyclically Adjusted PB Ratio is 0.85 as of Aug. 05, 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 Marutai Co (FSE:2919) Overvalued in 2026?

Based on GuruFocus' analysis, Marutai Co stock appears to be overvalued. The current stock price of 円4,210.00 is trading 2.2% above its estimated GF Value™ of 円4,118.39. GuruFocus considers Marutai Co to be Fairly Valued.

Key valuation signals for FSE:2919:

  • Cyclically Adjusted PB Ratio: 0.85 (near median its 10-year median of 0.83)
  • GF Value™: 円4,118.39 vs. price of 円4,210.00 (2.2% above fair value)
  • GF Score™: 65/100 with 6 warning signs
  • Industry Position: 32% below the Consumer Packaged Goods median (#490 of 1421)

No single metric tells the full story. See the FSE:2919 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Marutai Co Business Description

Address Aomi 1042-1, Fukuoka Prefecture, Nishi-ku, Fukuoka, JPN, 819-0392
Marutai Co Ltd is a Japanese firm engaged in the production of seasonings and confectionery. It manufactures and sells noodles. Its products include ramen bars, non-fried noodles, noodle bars, stick noodles, deep-fried yakisoba, tilde, cupcake, noodle dishes, and cups.
65GF Score

Get the complete analysis for FSE:2919

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

円4,210.00
Price
円4,118.39
GF Value