Kagome Co (NGO:2811) Cyclically Adjusted PB Ratio: 1.72 (As of Jul. 21, 2026) — 33% Below Median

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NGO:2811 Kagome Co Ltd NGO:2811
83 GF Score
Price 円2,543.00
GF Value 円2,816.29
! 4 Warning Signs
View Full Analysis

What is Kagome Co Cyclically Adjusted PB Ratio?

Kagome Co NGO:2811 83 Cyclically Adjusted PB Ratio is 1.72 as of Jul. 21, 2026, which is 33% below its 10-year median of 2.58. GuruFocus rates NGO:2811 with a GF Score™ of 83/100 and a GF Value™ of 円2,816.29. The stock has 4 warning signs investors should review. Among 1,442 Consumer Packaged Goods companies, Kagome Co ranks worse than 62.83% on this metric.

As of today (2026-07-21), Kagome Co's current share price is 円2543.00. Kagome Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円1,480.04. Kagome Co's Cyclically Adjusted PB Ratio for today is 1.72.

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

NGO:2811' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.68   Med: 2.58   Max: 4.16
Current: 1.82

During the past years, Kagome Co's highest Cyclically Adjusted PB Ratio was 4.16. The lowest was 1.68. And the median was 2.58.

NGO:2811's Cyclically Adjusted PB Ratio is ranked worse than
62.83% of 1442 companies
in the Consumer Packaged Goods industry
Industry Median: 1.27 vs NGO:2811: 1.82

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.

Kagome Co's adjusted book value per share data for the three months ended in Mar. 2026 was 円2,093.818. 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1,480.04 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kagome Co  (NGO:2811) 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.


Kagome Co Cyclically Adjusted PB Ratio Related Terms


Kagome Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Kagome 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.

Kagome Co Cyclically Adjusted PB Ratio Chart

Kagome Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.59 2.47 2.42 2.11 1.80

Kagome 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 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 2.06 1.99 1.97 1.80 1.86

NGO:2811 vs KHC, GIS: Cyclically Adjusted PB Ratio Comparison

For the Packaged Foods subindustry, Kagome 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.


Kagome Co Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

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

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


NGO:2811
83GF Score
Kagome Co Ltd NGO:2811
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kagome 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2543.00/1480.04
=1.72

* 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.

Kagome Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Kagome Co'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)
=2093.818/112.7000*112.7000
=2,093.818

Current CPI (Mar. 2026) = 112.7000.

Kagome Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 1,087.390 98.100 1,249.224
201609 1,102.540 98.000 1,267.921
201612 1,044.349 98.400 1,196.119
201703 1,024.078 98.100 1,176.489
201706 1,068.585 98.500 1,222.635
201709 1,097.587 98.800 1,252.005
201712 1,127.237 99.400 1,278.064
201803 1,100.752 99.200 1,250.552
201806 1,146.060 99.200 1,302.026
201809 1,165.966 99.900 1,315.359
201812 1,130.249 99.700 1,277.623
201903 1,114.641 99.700 1,259.980
201906 1,146.499 99.800 1,294.694
201909 1,248.967 100.100 1,406.180
201912 1,219.472 100.500 1,367.507
202003 1,174.278 100.300 1,319.453
202006 1,221.677 99.900 1,378.208
202009 1,264.551 99.900 1,426.576
202012 1,242.176 99.300 1,409.801
202103 1,251.444 99.900 1,411.789
202106 1,288.672 99.500 1,459.632
202109 1,323.768 100.100 1,490.396
202112 1,328.358 100.100 1,495.564
202203 1,312.672 101.100 1,463.285
202206 1,355.147 101.800 1,500.246
202209 1,399.826 103.100 1,530.169
202212 1,383.501 104.100 1,497.796
202303 1,378.403 104.400 1,487.989
202306 1,481.290 105.200 1,586.895
202309 1,556.292 106.200 1,651.545
202312 1,535.893 106.800 1,620.741
202403 1,692.932 107.200 1,779.790
202406 1,846.193 108.200 1,922.976
202409 1,840.143 108.900 1,904.354
202412 1,983.194 110.700 2,019.024
202503 1,871.138 111.100 1,898.085
202506 1,877.029 111.700 1,893.833
202509 1,966.653 112.000 1,978.945
202512 2,097.097 113.000 2,091.529
202603 2,093.818 112.700 2,093.818

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 1.72 mean?
Kagome Co (NGO:2811) has a Cyclically Adjusted PB Ratio of 1.72 as of Jul. 21, 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 Kagome Co and its competitors. This is 33% below median its historical median of 2.58. Over the past decade, Kagome Co's Cyclically Adjusted PB Ratio has ranged from 1.68 to 4.16. According to the industry distribution chart, Kagome Co ranks #906 out of 1442 companies in the Consumer Packaged Goods industry, placing it in the top 62.8%.
Is Kagome Co's Cyclically Adjusted PB Ratio too high?
Kagome Co's current Cyclically Adjusted PB Ratio of 1.72 is 33% below median its 10-year median of 2.58. Over the past 10 years, this metric has ranged from a low of 1.68 to a high of 4.16. The Consumer Packaged Goods industry median Cyclically Adjusted PB Ratio is 1.27. Kagome Co's value of 1.72 is 35.4% above this industry median. Based on the distribution chart, Kagome Co ranks #906 out of 1442 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Kagome Co has a GF Score™ of 83/100, reflecting its overall financial health beyond just this single metric.
How does Kagome Co's Cyclically Adjusted PB Ratio compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Kagome Co ranks #906 out of 1442 companies for Cyclically Adjusted PB Ratio. This places Kagome Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.27. Kagome Co's value of 1.72 is 35.4% above this benchmark. Historically, Kagome Co's own Cyclically Adjusted PB Ratio has ranged from 1.68 to 4.16 over the past decade. While the company's 10-year median is 2.58 vs. the industry median of 1.27, Kagome Co has consistently been above 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 1.27, based on 1,442 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. Kagome Co's current Cyclically Adjusted PB Ratio of 1.72 is 35.4% above 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 Kagome Co and its competitors. For the Consumer Packaged Goods industry, the median Cyclically Adjusted PB Ratio is 1.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kagome Co's current Cyclically Adjusted PB Ratio is 1.72, which is 33% below median its own 10-year median of 2.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kagome Co stock overvalued right now?
Kagome Co (NGO:2811) has a current Cyclically Adjusted PB Ratio of 1.72. The stock's GF Value™ is 円2,816.29, compared to a current price of 円2,543.00 — trading 9.7% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.72, which is 33% below median its 10-year median of 2.58 and 35.4% above the Consumer Packaged Goods industry median of 1.27. Kagome Co's overall GF Score™ is 83/100 with 4 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 Kagome Co (NGO:2811), the current Cyclically Adjusted PB Ratio is 1.72 as of Jul. 21, 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 Kagome Co (NGO:2811) Overvalued in 2026?

Based on GuruFocus' analysis, Kagome Co stock appears to be undervalued. The current stock price of 円2,543.00 is trading 9.7% below its estimated GF Value™ of 円2,816.29.

Key valuation signals for NGO:2811:

  • Cyclically Adjusted PB Ratio: 1.72 (33% below median its 10-year median of 2.58)
  • GF Value™: 円2,816.29 vs. price of 円2,543.00 (9.7% below fair value)
  • GF Score™: 83/100 with 4 warning signs
  • Industry Position: 35.4% above the Consumer Packaged Goods median (#906 of 1442)

No single metric tells the full story. See the NGO:2811 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kagome Co Business Description

Other Exchanges 2811:Japan
Address 3-14-15 Nishiki, Naka-ku, Aichi Prefecture, Nagoya, JPN, 460-0003
Kagome Co Ltd is a Japan-based company engaged in the manufacture and sale of beverages, seasonings, and processed food products. The company operates through three reportable segments: Domestic Processed Food Business, International Business, and Other. The Domestic Processed Food segment produces and sells beverages and seasonings in Japan, while the International Business segment handles agricultural production, processing, and overseas sales, including tomato-based products. It generates the majority of its revenue from the Domestic Processed Food Business segment.
83GF Score

Get the complete analysis for NGO:2811

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

円2,543.00
Price
円2,816.29
GF Value