Feed One Co (TSE:2060) Cyclically Adjusted PB Ratio: 1.20 (As of Aug. 14, 2026) — 29% Above Median

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TSE:2060 Feed One Co Ltd TSE:2060
65 GF Score
Price 円1,410.00
GF Value 円860.58
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Feed One Co Cyclically Adjusted PB Ratio?

Feed One Co TSE:2060 +3.07% 65 Cyclically Adjusted PB Ratio is 1.20 as of Aug. 14, 2026, which is 29% above its 10-year median of 0.93. GuruFocus rates TSE:2060 with a GF Score™ of 65/100 and a GF Value™ of 円860.58 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,397 Consumer Packaged Goods companies, Feed One Co ranks better than 55.19% on this metric.

As of today (2026-08-14), Feed One Co's current share price is 円1410.00. Feed One Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円1,172.89. Feed One Co's Cyclically Adjusted PB Ratio for today is 1.20.

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

TSE:2060' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.73   Med: 0.93   Max: 1.15
Current: 1.09

During the past years, Feed One Co's highest Cyclically Adjusted PB Ratio was 1.15. The lowest was 0.73. And the median was 0.93.

TSE:2060's Cyclically Adjusted PB Ratio is ranked better than
55.19% of 1397 companies
in the Consumer Packaged Goods industry
Industry Median: 1.26 vs TSE:2060: 1.09

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.

Feed One Co's adjusted book value per share data for the three months ended in Mar. 2026 was 円1,611.905. 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1,172.89 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Feed One Co  (TSE:2060) 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.


Feed One Co Cyclically Adjusted PB Ratio Related Terms


Feed One Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Feed One 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.

Feed One Co Cyclically Adjusted PB Ratio Chart

Feed One Co 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 0.00 0.00 0.00 0.81 1.01

Feed One Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.89 1.01 0.92 1.01 0.00

TSE:2060 vs KHC, GIS: Cyclically Adjusted PB Ratio Comparison

For the Packaged Foods subindustry, Feed One 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.


Feed One Co Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

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

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


TSE:2060
65GF Score
Feed One Co Ltd TSE:2060
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Feed One 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1410.00/1172.89
=1.20

* 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.

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

For example, Feed One 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)
=1611.905/112.7000*112.7000
=1,611.905

Current CPI (Mar. 2026) = 112.7000.

Feed One Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 673.289 98.100 773.493
201609 712.390 98.000 819.249
201612 743.650 98.400 851.721
201703 775.976 98.100 891.463
201706 782.624 98.500 895.449
201709 799.244 98.800 911.688
201712 823.044 99.400 933.170
201803 834.285 99.200 947.822
201806 836.670 99.200 950.531
201809 851.843 99.900 960.988
201812 890.919 99.700 1,007.087
201903 914.501 99.700 1,033.744
201906 905.506 99.800 1,022.550
201909 930.559 100.100 1,047.692
201912 964.809 100.500 1,081.930
202003 977.821 100.300 1,098.708
202006 984.706 99.900 1,110.875
202009 1,007.291 99.900 1,136.353
202012 1,029.522 99.300 1,168.450
202103 1,074.607 99.900 1,212.294
202106 1,089.523 99.500 1,234.063
202109 1,141.540 100.100 1,285.230
202112 1,141.793 100.100 1,285.515
202203 1,161.367 101.100 1,294.620
202206 1,136.701 101.800 1,258.411
202209 1,163.150 103.100 1,271.455
202212 1,151.852 104.100 1,247.010
202303 1,172.551 104.400 1,265.771
202306 1,209.560 105.200 1,295.793
202309 1,241.723 106.200 1,317.723
202312 1,244.819 106.800 1,313.587
202403 1,314.003 107.200 1,381.419
202406 0.000 108.200 0.000
202409 1,372.218 108.900 1,420.101
202412 1,394.281 110.700 1,419.471
202503 1,429.050 111.100 1,449.630
202506 1,458.586 111.700 1,471.644
202509 1,509.302 112.000 1,518.735
202512 1,549.464 113.000 1,545.350
202603 1,611.905 112.700 1,611.905

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 1.20 mean?
Feed One Co (TSE:2060) has a Cyclically Adjusted PB Ratio of 1.20 as of Aug. 14, 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 Feed One Co and its competitors. This is 29% above median its historical median of 0.93. Over the past decade, Feed One Co's Cyclically Adjusted PB Ratio has ranged from 0.73 to 1.15. According to the industry distribution chart, Feed One Co ranks #626 out of 1397 companies in the Consumer Packaged Goods industry, placing it in the top 44.8%.
Is Feed One Co's Cyclically Adjusted PB Ratio too high?
Feed One Co's current Cyclically Adjusted PB Ratio of 1.20 is 29% above median its 10-year median of 0.93. Over the past 10 years, this metric has ranged from a low of 0.73 to a high of 1.15. The Consumer Packaged Goods industry median Cyclically Adjusted PB Ratio is 1.26. Feed One Co's value of 1.20 is 4.8% below this industry median. Based on the distribution chart, Feed One Co ranks #626 out of 1397 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Feed One Co has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Feed One Co's Cyclically Adjusted PB Ratio compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Feed One Co ranks #626 out of 1397 companies for Cyclically Adjusted PB Ratio. This puts Feed One Co in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.26. Feed One Co's value of 1.20 is 4.8% below this benchmark. Historically, Feed One Co's own Cyclically Adjusted PB Ratio has ranged from 0.73 to 1.15 over the past decade. While the company's 10-year median is 0.93 vs. the industry median of 1.26, Feed One Co 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 1,397 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. Feed One Co's current Cyclically Adjusted PB Ratio of 1.20 is 4.8% 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 Feed One Co 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. Feed One Co's current Cyclically Adjusted PB Ratio is 1.20, which is 29% above median its own 10-year median of 0.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Feed One Co stock overvalued right now?
Based on GuruFocus' analysis, Feed One Co (TSE:2060) is currently considered Significantly Overvalued. The stock's GF Value™ is 円860.58, compared to a current price of 円1,410.00 — trading 63.8% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.20, which is 29% above median its 10-year median of 0.93 and 4.8% below the Consumer Packaged Goods industry median of 1.26. Feed One Co's overall GF Score™ is 65/100 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 Feed One Co (TSE:2060), the current Cyclically Adjusted PB Ratio is 1.20 as of Aug. 14, 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 Feed One Co (TSE:2060) Overvalued in 2026?

Based on GuruFocus' analysis, Feed One Co stock appears to be overvalued. The current stock price of 円1,410.00 is trading 63.8% above its estimated GF Value™ of 円860.58. GuruFocus considers Feed One Co to be Significantly Overvalued.

Key valuation signals for TSE:2060:

  • Cyclically Adjusted PB Ratio: 1.20 (29% above median its 10-year median of 0.93)
  • GF Value™: 円860.58 vs. price of 円1,410.00 (63.8% above fair value)
  • GF Score™: 65/100 with 5 warning signs
  • Industry Position: 4.8% below the Consumer Packaged Goods median (#626 of 1397)

No single metric tells the full story. See the TSE:2060 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Feed One Co Business Description

Address 2-23-2, Tsuruyacho, Kanagawa-ku, Kanagawa, Yokohama-shi, JPN, 221-0835
Feed One Co Ltd is a Japanese company engaged in the manufacture and sale of mixed feed, animal and fishery feeds. It also provides other ancillary services such as farm-management consulting, management of veterinary examination and treatment facilities.
65GF Score

Get the complete analysis for TSE:2060

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

円1,410.00
Price
円860.58
GF Value