Hokuto (TSE:1379) Cyclically Adjusted PB Ratio: 1.07 (As of Aug. 09, 2026) — 14% Below 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.

TSE:1379 Hokuto Corp TSE:1379
74 GF Score
Price 円1,924.00
GF Value 円1,828.46
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Hokuto Cyclically Adjusted PB Ratio?

Hokuto TSE:1379 +1.48% 74 Cyclically Adjusted PB Ratio is 1.07 as of Aug. 09, 2026, which is 14% below its 10-year median of 1.24. GuruFocus rates TSE:1379 with a GF Score™ of 74/100 and a GF Value™ of 円1,828.46 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,407 Consumer Packaged Goods companies, Hokuto ranks better than 55.65% on this metric.

As of today (2026-08-09), Hokuto's current share price is 円1924.00. Hokuto's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円1,806.11. Hokuto's Cyclically Adjusted PB Ratio for today is 1.07.

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

TSE:1379' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.99   Med: 1.24   Max: 1.5
Current: 1.07

During the past years, Hokuto's highest Cyclically Adjusted PB Ratio was 1.50. The lowest was 0.99. And the median was 1.24.

TSE:1379's Cyclically Adjusted PB Ratio is ranked better than
55.65% of 1407 companies
in the Consumer Packaged Goods industry
Industry Median: 1.26 vs TSE:1379: 1.07

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.

Hokuto's adjusted book value per share data for the three months ended in Mar. 2026 was 円2,071.173. 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1,806.11 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hokuto  (TSE:1379) 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.


Hokuto Cyclically Adjusted PB Ratio Related Terms


Hokuto Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Hokuto'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.

Hokuto Cyclically Adjusted PB Ratio Chart

Hokuto 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 1.21 1.13 1.10 1.06 1.05

Hokuto 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 1.06 1.01 1.07 1.12 1.05

TSE:1379 vs ADM, BG, TSN: Cyclically Adjusted PB Ratio Comparison

For the Farm Products subindustry, Hokuto'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.


Hokuto Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

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

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


TSE:1379
74GF Score
Hokuto Corp TSE:1379
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hokuto 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1924.00/1806.11
=1.07

* 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.

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

For example, Hokuto'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)
=2071.173/112.7000*112.7000
=2,071.173

Current CPI (Mar. 2026) = 112.7000.

Hokuto Quarterly Data

Book Value per Share CPI Adj_Book
201606 1,455.016 98.100 1,671.563
201609 1,449.337 98.000 1,666.738
201612 1,567.171 98.400 1,794.920
201703 1,610.810 98.100 1,850.543
201706 1,528.769 98.500 1,749.160
201709 1,507.784 98.800 1,719.912
201712 1,587.085 99.400 1,799.441
201803 1,630.860 99.200 1,852.802
201806 1,544.966 99.200 1,755.218
201809 1,544.350 99.900 1,742.225
201812 1,595.845 99.700 1,803.929
201903 1,642.206 99.700 1,856.335
201906 1,569.769 99.800 1,772.675
201909 1,557.428 100.100 1,753.468
201912 1,541.521 100.500 1,728.651
202003 1,616.735 100.300 1,816.611
202006 1,591.210 99.900 1,795.089
202009 1,605.476 99.900 1,811.183
202012 1,672.680 99.300 1,898.399
202103 1,720.369 99.900 1,940.797
202106 1,641.119 99.500 1,858.835
202109 1,645.122 100.100 1,852.200
202112 1,691.579 100.100 1,904.505
202203 1,726.193 101.100 1,924.253
202206 1,660.766 101.800 1,838.589
202209 1,601.925 103.100 1,751.086
202212 1,620.578 104.100 1,754.459
202303 1,609.444 104.400 1,737.398
202306 1,577.195 105.200 1,689.638
202309 1,584.207 106.200 1,681.169
202312 1,642.384 106.800 1,733.115
202403 1,728.187 107.200 1,816.853
202406 1,700.731 108.200 1,771.464
202409 1,659.343 108.900 1,717.245
202412 1,773.468 110.700 1,805.509
202503 1,817.359 111.100 1,843.532
202506 1,844.101 111.700 1,860.610
202509 1,865.427 112.000 1,877.086
202512 1,981.450 113.000 1,976.190
202603 2,071.173 112.700 2,071.173

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 1.07 mean?
Hokuto (TSE:1379) has a Cyclically Adjusted PB Ratio of 1.07 as of Aug. 09, 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 Hokuto and its competitors. This is 14% below median its historical median of 1.24. Over the past decade, Hokuto's Cyclically Adjusted PB Ratio has ranged from 0.99 to 1.50. According to the industry distribution chart, Hokuto ranks #624 out of 1407 companies in the Consumer Packaged Goods industry, placing it in the top 44.3%.
Is Hokuto's Cyclically Adjusted PB Ratio too high?
Hokuto's current Cyclically Adjusted PB Ratio of 1.07 is 14% below median its 10-year median of 1.24. Over the past 10 years, this metric has ranged from a low of 0.99 to a high of 1.50. The Consumer Packaged Goods industry median Cyclically Adjusted PB Ratio is 1.26. Hokuto's value of 1.07 is 15.1% below this industry median. Based on the distribution chart, Hokuto ranks #624 out of 1407 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Hokuto has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hokuto's Cyclically Adjusted PB Ratio compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, Hokuto ranks #624 out of 1407 companies for Cyclically Adjusted PB Ratio. This puts Hokuto in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.26. Hokuto's value of 1.07 is 15.1% below this benchmark. Historically, Hokuto's own Cyclically Adjusted PB Ratio has ranged from 0.99 to 1.50 over the past decade. While the company's 10-year median is 1.24 vs. the industry median of 1.26, Hokuto 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 1.26, based on 1,407 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. Hokuto's current Cyclically Adjusted PB Ratio of 1.07 is 15.1% 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 Hokuto and its competitors. For the Consumer Packaged Goods industry, the median Cyclically Adjusted PB Ratio is 1.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hokuto's current Cyclically Adjusted PB Ratio is 1.07, which is 14% below median its own 10-year median of 1.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hokuto stock overvalued right now?
Based on GuruFocus' analysis, Hokuto (TSE:1379) is currently considered Fairly Valued. The stock's GF Value™ is 円1,828.46, compared to a current price of 円1,924.00 — trading 5.2% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.07, which is 14% below median its 10-year median of 1.24 and 15.1% below the Consumer Packaged Goods industry median of 1.26. Hokuto's overall GF Score™ is 74/100 with 3 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 Hokuto (TSE:1379), the current Cyclically Adjusted PB Ratio is 1.07 as of Aug. 09, 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 Hokuto (TSE:1379) Overvalued in 2026?

Based on GuruFocus' analysis, Hokuto stock appears to be overvalued. The current stock price of 円1,924.00 is trading 5.2% above its estimated GF Value™ of 円1,828.46. GuruFocus considers Hokuto to be Fairly Valued.

Key valuation signals for TSE:1379:

  • Cyclically Adjusted PB Ratio: 1.07 (14% below median its 10-year median of 1.24)
  • GF Value™: 円1,828.46 vs. price of 円1,924.00 (5.2% above fair value)
  • GF Score™: 74/100 with 3 warning signs
  • Industry Position: 15.1% below the Consumer Packaged Goods median (#624 of 1407)

No single metric tells the full story. See the TSE:1379 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hokuto Business Description

Address 138-1 Minamibori, Nagano, JPN, 381-8533
Hokuto Corp is a Japan-based company engaged in the manufacture and sale of mushrooms. The company operates through four segments namely Domestic mushroom business, Overseas mushroom business, Processed products business and Chemical products business. It offers various mushrooms products, including Ellinghi, Maitake, Bunashimeji, Bunapie, Milfing Millet and Book Shimeji. The company operates geographically across the United States of America, Taiwan, and Malaysia.
74GF Score

Get the complete analysis for TSE:1379

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

円1,924.00
Price
円1,828.46
GF Value