Yagami (NGO:7488) Cyclically Adjusted PB Ratio: 1.98 (As of Jul. 27, 2026) — 57% Above Median

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.

NGO:7488 Yagami Inc NGO:7488
72 GF Score
Price 円4,895.00
GF Value 円3,133.72
Valuation Significantly Overvalued
! 1 Warning Sign
View Full Analysis

What is Yagami Cyclically Adjusted PB Ratio?

Yagami NGO:7488 +0.93% 72 Cyclically Adjusted PB Ratio is 1.98 as of Jul. 27, 2026, which is 57% above its 10-year median of 1.26. GuruFocus rates NGO:7488 with a GF Score™ of 72/100 and a GF Value™ of 円3,133.72 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 92 Medical Distribution companies, Yagami ranks worse than 72.83% on this metric.

As of today (2026-07-27), Yagami's current share price is 円4895.00. Yagami's Cyclically Adjusted Book per Share for the fiscal year that ended in Apr26 was 円2,469.02. Yagami's Cyclically Adjusted PB Ratio for today is 1.98.

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

NGO:7488' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.66   Med: 1.26   Max: 2.76
Current: 1.96

During the past 13 years, Yagami's highest Cyclically Adjusted PB Ratio was 2.76. The lowest was 0.66. And the median was 1.26.

NGO:7488's Cyclically Adjusted PB Ratio is ranked worse than
72.83% of 92 companies
in the Medical Distribution industry
Industry Median: 1.145 vs NGO:7488: 1.96

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.

Yagami's adjusted book value per share data of for the fiscal year that ended in Apr26 was 円2,654.680. 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2,469.02 for the trailing ten years ended in Apr26.

Shiller PE for Stocks: The True Measure of Stock Valuation


Yagami  (NGO:7488) 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.


Yagami Cyclically Adjusted PB Ratio Related Terms


Yagami Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Yagami'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.

Yagami Cyclically Adjusted PB Ratio Chart

Yagami 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 1.00 1.25 1.09 1.26 2.23

Yagami Semi-Annual Data
Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25 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 1.09 1.21 1.26 0.00 2.23

NGO:7488 vs MCK, COR, CAH: Cyclically Adjusted PB Ratio Comparison

For the Medical Distribution subindustry, Yagami'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.


Yagami Cyclically Adjusted PB Ratio vs Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, Yagami's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


NGO:7488
72GF Score
Yagami Inc NGO:7488
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Yagami 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.

Yagami's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4895.00/2469.02
=1.98

* 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.

Yagami's Cyclically Adjusted Book per Share for the fiscal year that ended in Apr26 is calculated as:

For example, Yagami's adjusted Book Value per Share data for the fiscal year that ended in Apr26 was:

Adj_Book=Book Value per Share/CPI of Apr26 (Change)*Current CPI (Apr26)
=2654.68/113.0000*113.0000
=2,654.680

Current CPI (Apr26) = 113.0000.

Yagami Annual Data

Book Value per Share CPI Adj_Book
201704 1,818.752 98.500 2,086.487
201804 1,955.903 99.100 2,230.243
201904 2,014.503 100.000 2,276.388
202004 2,083.665 100.200 2,349.842
202104 2,219.740 99.100 2,531.086
202204 2,357.940 101.500 2,625.096
202304 2,462.386 105.100 2,647.475
202404 2,544.886 107.700 2,670.122
202504 2,583.986 111.500 2,618.748
202604 2,654.680 113.000 2,654.680

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 1.98 mean?
Yagami (NGO:7488) has a Cyclically Adjusted PB Ratio of 1.98 as of Jul. 27, 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 Yagami and its competitors. This is 57% above median its historical median of 1.26. Over the past decade, Yagami's Cyclically Adjusted PB Ratio has ranged from 0.66 to 2.76. According to the industry distribution chart, Yagami ranks #67 out of 92 companies in the Medical Distribution industry, placing it in the top 72.8%.
Is Yagami's Cyclically Adjusted PB Ratio too high?
Yagami's current Cyclically Adjusted PB Ratio of 1.98 is 57% above median its 10-year median of 1.26. Over the past 10 years, this metric has ranged from a low of 0.66 to a high of 2.76. The Medical Distribution industry median Cyclically Adjusted PB Ratio is 1.15. Yagami's value of 1.98 is 72.9% above this industry median. Based on the distribution chart, Yagami ranks #67 out of 92 companies in the Medical Distribution industry, which is below the industry midpoint. Overall, Yagami has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Yagami's Cyclically Adjusted PB Ratio compare to MCK and COR?
According to the Medical Distribution industry distribution chart, Yagami ranks #67 out of 92 companies for Cyclically Adjusted PB Ratio. This places Yagami in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.15. Yagami's value of 1.98 is 72.9% above this benchmark. Historically, Yagami's own Cyclically Adjusted PB Ratio has ranged from 0.66 to 2.76 over the past decade. While the company's 10-year median is 1.26 vs. the industry median of 1.15, Yagami 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 Medical Distribution company?
The median Cyclically Adjusted PB Ratio among Medical Distribution companies is 1.15, based on 92 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. Yagami's current Cyclically Adjusted PB Ratio of 1.98 is 72.9% 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 Yagami and its competitors. For the Medical Distribution industry, the median Cyclically Adjusted PB Ratio is 1.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Yagami's current Cyclically Adjusted PB Ratio is 1.98, which is 57% above median its own 10-year median of 1.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Yagami stock overvalued right now?
Based on GuruFocus' analysis, Yagami (NGO:7488) is currently considered Significantly Overvalued. The stock's GF Value™ is 円3,133.72, compared to a current price of 円4,895.00 — trading 56.2% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.98, which is 57% above median its 10-year median of 1.26 and 72.9% above the Medical Distribution industry median of 1.15. Yagami's overall GF Score™ is 72/100 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 Yagami (NGO:7488), the current Cyclically Adjusted PB Ratio is 1.98 as of Jul. 27, 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 Yagami (NGO:7488) Overvalued in 2026?

Based on GuruFocus' analysis, Yagami stock appears to be overvalued. The current stock price of 円4,895.00 is trading 56.2% above its estimated GF Value™ of 円3,133.72. GuruFocus considers Yagami to be Significantly Overvalued.

Key valuation signals for NGO:7488:

  • Cyclically Adjusted PB Ratio: 1.98 (57% above median its 10-year median of 1.26)
  • GF Value™: 円3,133.72 vs. price of 円4,895.00 (56.2% above fair value)
  • GF Score™: 72/100 with 1 warning sign
  • Industry Position: 72.9% above the Medical Distribution median (#67 of 92)

No single metric tells the full story. See the NGO:7488 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Yagami Business Description

Address No. 29, No. 3, Marunouchi, Naka-ku, Nagoya, JPN, 460 0002
Yagami Inc is a Japan based company engaged in providing science education equipment, laboratory tables, kitchen tables, sterilizers, nurse's office equipment, AEDs (automated external defibrillators), human body models for resuscitation education, electric heaters for keeping warm and heating, and environmental testing equipment.
72GF Score

Get the complete analysis for NGO:7488

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

円4,895.00
Price
円3,133.72
GF Value