SSDOF (Shiseido Co) Cyclically Adjusted PB Ratio: 1.90 (As of Jul. 08, 2026) — 65% Below Median


SSDOF Shiseido Co Ltd SSDOF
64 GF Score
Price $16.93
GF Value $20.43
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Shiseido Co Cyclically Adjusted PB Ratio?

Shiseido Co SSDOF 64 Cyclically Adjusted PB Ratio is 1.90 as of Jul. 08, 2026, which is 65% below its 10-year median of 5.42. GuruFocus rates SSDOF with a GF Score™ of 64/100 and a GF Value™ of $20.43 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,442 Consumer Packaged Goods companies, Shiseido Co ranks worse than 64.98% on this metric.

As of today (2026-07-08), Shiseido Co's current share price is $16.93. Shiseido Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $8.93. Shiseido Co's Cyclically Adjusted PB Ratio for today is 1.90.

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

SSDOF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.58   Med: 5.42   Max: 10.24
Current: 1.95

During the past years, Shiseido Co's highest Cyclically Adjusted PB Ratio was 10.24. The lowest was 1.58. And the median was 5.42.

SSDOF's Cyclically Adjusted PB Ratio is ranked worse than
64.98% of 1442 companies
in the Consumer Packaged Goods industry
Industry Median: 1.27 vs SSDOF: 1.95

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.

Shiseido Co's adjusted book value per share data for the three months ended in Mar. 2026 was $9.570. 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 $8.93 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shiseido Co  (OTCPK:SSDOF) 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.


Shiseido Co Cyclically Adjusted PB Ratio Related Terms


Shiseido Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Shiseido 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.

Shiseido Co Cyclically Adjusted PB Ratio Chart

Shiseido 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 6.25 5.68 3.44 2.07 1.61

Shiseido 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 2.07 1.86 1.82 1.61 2.25

SSDOF vs PG, CL, KVUE: Cyclically Adjusted PB Ratio Comparison

For the Household & Personal Products subindustry, Shiseido 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.


Shiseido Co Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

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

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


SSDOF
64GF Score
Shiseido Co Ltd SSDOF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Shiseido 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=16.93/8.93
=1.90

* 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.

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

For example, Shiseido 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)
=9.57/112.7000*112.7000
=9.570

Current CPI (Mar. 2026) = 112.7000.

Shiseido Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 8.644 98.100 9.930
201609 9.075 98.000 10.436
201612 8.502 98.400 9.738
201703 8.764 98.100 10.068
201706 9.200 98.500 10.526
201709 8.449 98.800 9.638
201712 9.403 99.400 10.661
201803 10.239 99.200 11.632
201806 10.342 99.200 11.749
201809 10.513 99.900 11.860
201812 10.032 99.700 11.340
201903 10.734 99.700 12.134
201906 11.287 99.800 12.746
201909 11.447 100.100 12.888
201912 11.421 100.500 12.807
202003 11.250 100.300 12.641
202006 10.748 99.900 12.125
202009 10.960 99.900 12.364
202012 11.345 99.300 12.876
202103 11.416 99.900 12.879
202106 10.947 99.500 12.399
202109 12.041 100.100 13.557
202112 11.890 100.100 13.387
202203 11.656 101.100 12.993
202206 11.293 101.800 12.502
202209 10.847 103.100 11.857
202212 11.210 104.100 12.136
202303 11.010 104.400 11.885
202306 10.997 105.200 11.781
202309 10.640 106.200 11.291
202312 10.753 106.800 11.347
202403 10.510 107.200 11.049
202406 10.472 108.200 10.908
202409 10.484 108.900 10.850
202412 10.295 110.700 10.481
202503 10.295 111.100 10.443
202506 10.636 111.700 10.731
202509 9.569 112.000 9.629
202512 9.644 113.000 9.618
202603 9.570 112.700 9.570

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 1.90 mean?
Shiseido Co (SSDOF) has a Cyclically Adjusted PB Ratio of 1.90 as of Jul. 08, 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 Shiseido Co and its competitors. This is 65% below median its historical median of 5.42. Over the past decade, Shiseido Co's Cyclically Adjusted PB Ratio has ranged from 1.58 to 10.24. According to the industry distribution chart, Shiseido Co ranks #937 out of 1442 companies in the Consumer Packaged Goods industry, placing it in the top 65%.
Is Shiseido Co's Cyclically Adjusted PB Ratio too high?
Shiseido Co's current Cyclically Adjusted PB Ratio of 1.90 is 65% below median its 10-year median of 5.42. Over the past 10 years, this metric has ranged from a low of 1.58 to a high of 10.24. The Consumer Packaged Goods industry median Cyclically Adjusted PB Ratio is 1.27. Shiseido Co's value of 1.90 is 49.6% above this industry median. Based on the distribution chart, Shiseido Co ranks #937 out of 1442 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Shiseido Co has a GF Score™ of 64/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shiseido Co's Cyclically Adjusted PB Ratio compare to PG and CL?
According to the Consumer Packaged Goods industry distribution chart, Shiseido Co ranks #937 out of 1442 companies for Cyclically Adjusted PB Ratio. This places Shiseido Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.27. Shiseido Co's value of 1.90 is 49.6% above this benchmark. Historically, Shiseido Co's own Cyclically Adjusted PB Ratio has ranged from 1.58 to 10.24 over the past decade. While the company's 10-year median is 5.42 vs. the industry median of 1.27, Shiseido 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. Shiseido Co's current Cyclically Adjusted PB Ratio of 1.90 is 49.6% 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 Shiseido 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. Shiseido Co's current Cyclically Adjusted PB Ratio is 1.90, which is 65% below median its own 10-year median of 5.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shiseido Co stock overvalued right now?
Based on GuruFocus' analysis, Shiseido Co (SSDOF) is currently considered Modestly Undervalued. The stock's GF Value™ is $20.43, compared to a current price of $16.93 — trading 17.1% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.90, which is 65% below median its 10-year median of 5.42 and 49.6% above the Consumer Packaged Goods industry median of 1.27. Shiseido Co's overall GF Score™ is 64/100 with 5 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 Shiseido Co (SSDOF), the current Cyclically Adjusted PB Ratio is 1.90 as of Jul. 08, 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 Shiseido Co (SSDOF) Overvalued in 2026?

Based on GuruFocus' analysis, Shiseido Co stock appears to be undervalued. The current stock price of $16.93 is trading 17.1% below its estimated GF Value™ of $20.43. GuruFocus considers Shiseido Co to be Modestly Undervalued.

Key valuation signals for SSDOF:

  • Cyclically Adjusted PB Ratio: 1.90 (65% below median its 10-year median of 5.42)
  • GF Value™: $20.43 vs. price of $16.93 (17.1% below fair value)
  • GF Score™: 64/100 with 5 warning signs
  • Industry Position: 49.6% above the Consumer Packaged Goods median (#937 of 1442)

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


Shiseido Co Business Description

Address 5-5 Ginza 7-chome, Chuo-ku, Tokyo, JPN, 104-0061
Shiseido is a leading Japanese cosmetics manufacturer focused in the prestige and premium categories. Founded in 1872, it was the first Western-style pharmacy in Ginza, Tokyo, and is one of the oldest cosmetics companies globally. Shiseido's suite of 31 brands, which include its namesake brand, Clé de Peau Beauté, and NARS, had a 10.2% share of Japan's beauty and personal care market in 2024 according to Euromonitor. It is also ranked in the top 4-5 globally, with around 7% to 8% market share in premium and prestige color cosmetics and skincare. In terms of revenue, Japan and China, which include travel retail, are the two key markets making up 65% of group revenue in 2025.
64GF Score

Get the complete analysis for SSDOF

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

$16.93
Price
$20.43
GF Value