ITONF (ITO EN) Cyclically Adjusted PB Ratio: 2.02 (As of Jul. 29, 2026) — 55% Below Median

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ITONF ITO EN Ltd ITONF
76 GF Score
Price $61.41
GF Value $76.11
! 1 Warning Sign
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What is ITO EN Cyclically Adjusted PB Ratio?

ITO EN ITONF 76 Cyclically Adjusted PB Ratio is 2.02 as of Jul. 29, 2026, which is 55% below its 10-year median of 4.52. GuruFocus rates ITONF with a GF Score™ of 76/100 and a GF Value™ of $76.11. The stock has 1 warning sign investors should review. Among 85 Beverages - Non-Alcoholic companies, ITO EN ranks better than 51.76% on this metric.

As of today (2026-07-29), ITO EN's current share price is $61.41. ITO EN's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2026 was $30.46. ITO EN's Cyclically Adjusted PB Ratio for today is 2.02.

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

ITONF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.88   Med: 4.52   Max: 7.44
Current: 2.16

During the past years, ITO EN's highest Cyclically Adjusted PB Ratio was 7.44. The lowest was 1.88. And the median was 4.52.

ITONF's Cyclically Adjusted PB Ratio is ranked better than
51.76% of 85 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 2.12 vs ITONF: 2.16

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.

ITO EN's adjusted book value per share data for the three months ended in Apr. 2026 was $9.611. 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 $30.46 for the trailing ten years ended in Apr. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


ITO EN  (OTCPK:ITONF) 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.


ITO EN Cyclically Adjusted PB Ratio Related Terms


ITO EN Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for ITO EN'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.

ITO EN Cyclically Adjusted PB Ratio Chart

ITO EN Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.67 3.44 2.95 2.48 2.02

ITO EN Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 2.48 2.36 2.24 2.00 2.02

ITONF vs KO, PEP, MNST: Cyclically Adjusted PB Ratio Comparison

For the Beverages - Non-Alcoholic subindustry, ITO EN'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.


ITO EN Cyclically Adjusted PB Ratio vs Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, ITO EN's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


ITONF
76GF Score
ITO EN Ltd ITONF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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ITO EN 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.

ITO EN's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=61.41/30.46
=2.02

* 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.

ITO EN's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2026 is calculated as:

For example, ITO EN'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)
=9.611/113.0000*113.0000
=9.611

Current CPI (Apr. 2026) = 113.0000.

ITO EN Quarterly Data

Book Value per Share CPI Adj_Book
201607 9.792 97.900 11.302
201610 10.214 98.600 11.706
201701 9.486 98.200 10.916
201704 10.055 98.500 11.535
201707 9.954 98.300 11.443
201710 10.359 98.800 11.848
201801 10.345 99.500 11.749
201804 10.849 99.100 12.371
201807 10.489 99.200 11.948
201810 10.761 100.200 12.136
201901 10.965 99.700 12.428
201904 11.033 100.000 12.467
201907 11.267 99.800 12.757
201910 11.694 100.400 13.162
202001 11.546 100.500 12.982
202004 11.367 100.200 12.819
202007 11.424 100.000 12.909
202010 11.800 99.800 13.361
202101 11.882 99.800 13.454
202104 11.490 99.100 13.102
202107 11.480 99.700 13.011
202110 11.479 99.900 12.984
202201 11.311 100.300 12.743
202204 10.581 101.500 11.780
202207 9.917 102.300 10.954
202210 9.526 103.700 10.380
202301 10.586 104.700 11.425
202304 10.571 105.100 11.366
202307 10.315 105.700 11.027
202310 10.025 107.100 10.577
202401 10.237 106.900 10.821
202404 9.868 107.700 10.354
202407 0.000 108.600 0.000
202410 10.355 109.500 10.686
202501 9.635 111.200 9.791
202504 10.505 111.500 10.646
202507 10.525 111.900 10.628
202510 10.522 112.800 10.541
202601 9.493 112.900 9.501
202604 9.611 113.000 9.611

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 2.02 mean?
ITO EN (ITONF) has a Cyclically Adjusted PB Ratio of 2.02 as of Jul. 29, 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 ITO EN and its competitors. This is 55% below median its historical median of 4.52. Over the past decade, ITO EN's Cyclically Adjusted PB Ratio has ranged from 1.88 to 7.44. According to the industry distribution chart, ITO EN ranks #41 out of 85 companies in the Beverages - Non-Alcoholic industry, placing it in the top 48.2%.
Is ITO EN's Cyclically Adjusted PB Ratio too high?
ITO EN's current Cyclically Adjusted PB Ratio of 2.02 is 55% below median its 10-year median of 4.52. Over the past 10 years, this metric has ranged from a low of 1.88 to a high of 7.44. The Beverages - Non-Alcoholic industry median Cyclically Adjusted PB Ratio is 2.12. ITO EN's value of 2.02 is 4.7% below this industry median. Based on the distribution chart, ITO EN ranks #41 out of 85 companies in the Beverages - Non-Alcoholic industry, which is above the industry midpoint. Overall, ITO EN has a GF Score™ of 76/100, reflecting its overall financial health beyond just this single metric.
How does ITO EN's Cyclically Adjusted PB Ratio compare to KO and PEP?
According to the Beverages - Non-Alcoholic industry distribution chart, ITO EN ranks #41 out of 85 companies for Cyclically Adjusted PB Ratio. This puts ITO EN in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.12. ITO EN's value of 2.02 is 4.7% below this benchmark. Historically, ITO EN's own Cyclically Adjusted PB Ratio has ranged from 1.88 to 7.44 over the past decade. While the company's 10-year median is 4.52 vs. the industry median of 2.12, ITO EN 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 Beverages - Non-Alcoholic company?
The median Cyclically Adjusted PB Ratio among Beverages - Non-Alcoholic companies is 2.12, based on 85 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. ITO EN's current Cyclically Adjusted PB Ratio of 2.02 is 4.7% 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 ITO EN and its competitors. For the Beverages - Non-Alcoholic industry, the median Cyclically Adjusted PB Ratio is 2.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ITO EN's current Cyclically Adjusted PB Ratio is 2.02, which is 55% below median its own 10-year median of 4.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ITO EN stock overvalued right now?
ITO EN (ITONF) has a current Cyclically Adjusted PB Ratio of 2.02. The stock's GF Value™ is $76.11, compared to a current price of $61.41 — trading 19.3% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.02, which is 55% below median its 10-year median of 4.52 and 4.7% below the Beverages - Non-Alcoholic industry median of 2.12. ITO EN's overall GF Score™ is 76/100 with 1 warning sign 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 ITO EN (ITONF), the current Cyclically Adjusted PB Ratio is 2.02 as of Jul. 29, 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 ITO EN (ITONF) Overvalued in 2026?

Based on GuruFocus' analysis, ITO EN stock appears to be undervalued. The current stock price of $61.41 is trading 19.3% below its estimated GF Value™ of $76.11.

Key valuation signals for ITONF:

  • Cyclically Adjusted PB Ratio: 2.02 (55% below median its 10-year median of 4.52)
  • GF Value™: $76.11 vs. price of $61.41 (19.3% below fair value)
  • GF Score™: 76/100 with 1 warning sign
  • Industry Position: 4.7% below the Beverages - Non-Alcoholic median (#41 of 85)

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


ITO EN Business Description

Other Exchanges 2593:Japan
Address 47-10, Honmachi 3-chome, Shibuya-ku, Tokyo, JPN, 151-8550
ITO EN Ltd makes beverages and other tea and nutritional products that it sells in Japan. Ito En primarily sells green tea products, including ready-to-drink beverages, tea bags, and other tea leaf products, under its Oi Ocha brand. Other beverages the company sells include black tea, Chinese tea, coffee, vegetable beverages, fruit beverages, mineral water, and functional beverages. The Leaf- and Drink-Related business segment makes up roughly 90% of the company's total revenue. Most remaining revenue is generated from Ito En's restaurant business, which operates hundreds of Tully's coffee shops in Japan.
76GF Score

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

$61.41
Price
$76.11
GF Value