Mitsui DM Sugar Co (TSE:2109) Cyclically Adjusted PB Ratio: 0.99 (As of Aug. 18, 2026) — Near Median

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TSE:2109 Mitsui DM Sugar Co Ltd TSE:2109
71 GF Score
Price 円3,510.00
GF Value 円3,462.21
Valuation Fairly Valued
! 5 Warning Signs
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What is Mitsui DM Sugar Co Cyclically Adjusted PB Ratio?

Mitsui DM Sugar Co TSE:2109 -0.14% 71 Cyclically Adjusted PB Ratio is 0.99 as of Aug. 18, 2026, which is 9% above its 10-year median of 0.91. GuruFocus rates TSE:2109 with a GF Score™ of 71/100 and a GF Value™ of 円3,462.21 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,386 Consumer Packaged Goods companies, Mitsui DM Sugar Co ranks better than 59.88% on this metric.

As of today (2026-08-18), Mitsui DM Sugar Co's current share price is 円3510.00. Mitsui DM Sugar Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円3,534.99. Mitsui DM Sugar Co's Cyclically Adjusted PB Ratio for today is 0.99.

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

TSE:2109' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.64   Med: 0.91   Max: 1.89
Current: 0.99

During the past years, Mitsui DM Sugar Co's highest Cyclically Adjusted PB Ratio was 1.89. The lowest was 0.64. And the median was 0.91.

TSE:2109's Cyclically Adjusted PB Ratio is ranked better than
59.88% of 1386 companies
in the Consumer Packaged Goods industry
Industry Median: 1.28 vs TSE:2109: 0.99

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.

Mitsui DM Sugar Co's adjusted book value per share data for the three months ended in Mar. 2026 was 円3,599.544. 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3,534.99 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mitsui DM Sugar Co  (TSE:2109) 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.


Mitsui DM Sugar Co Cyclically Adjusted PB Ratio Related Terms


Mitsui DM Sugar Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Mitsui DM Sugar 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.

Mitsui DM Sugar Co Cyclically Adjusted PB Ratio Chart

Mitsui DM Sugar 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 0.68 0.67 0.97 0.99 0.96

Mitsui DM Sugar 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 0.92 0.94 0.96 0.00

TSE:2109 vs MDLZ, HSY, TR: Cyclically Adjusted PB Ratio Comparison

For the Confectioners subindustry, Mitsui DM Sugar 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.


Mitsui DM Sugar Co Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

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

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


TSE:2109
71GF Score
Mitsui DM Sugar Co Ltd TSE:2109
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mitsui DM Sugar 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.

Mitsui DM Sugar Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3510.00/3534.99
=0.99

* 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.

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

For example, Mitsui DM Sugar 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)
=3599.544/112.7000*112.7000
=3,599.544

Current CPI (Mar. 2026) = 112.7000.

Mitsui DM Sugar Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 2,687.362 98.100 3,087.316
201609 2,731.661 98.000 3,141.410
201612 2,781.127 98.400 3,185.295
201703 2,872.898 98.100 3,300.465
201706 2,920.234 98.500 3,341.222
201709 3,011.834 98.800 3,435.564
201712 3,035.090 99.400 3,441.194
201803 3,083.511 99.200 3,503.142
201806 3,094.446 99.200 3,515.565
201809 3,132.869 99.900 3,534.278
201812 3,148.523 99.700 3,559.063
201903 3,200.996 99.700 3,618.378
201906 3,184.770 99.800 3,596.429
201909 3,235.818 100.100 3,643.124
201912 3,244.495 100.500 3,638.354
202003 3,218.738 100.300 3,616.668
202006 3,199.556 99.900 3,609.509
202009 3,210.489 99.900 3,621.843
202012 3,263.053 99.300 3,703.384
202103 3,315.513 99.900 3,740.323
202106 3,052.805 99.500 3,457.800
202109 3,028.268 100.100 3,409.449
202112 3,251.966 100.100 3,661.304
202203 3,136.190 101.100 3,496.030
202206 3,158.656 101.800 3,496.862
202209 3,125.686 103.100 3,416.730
202212 3,094.729 104.100 3,350.393
202303 3,305.329 104.400 3,568.109
202306 3,388.971 105.200 3,630.580
202309 3,433.784 106.200 3,643.950
202312 3,415.017 106.800 3,603.674
202403 3,475.659 107.200 3,653.981
202406 3,517.152 108.200 3,663.429
202409 3,609.294 108.900 3,735.238
202412 3,619.021 110.700 3,684.405
202503 3,550.589 111.100 3,601.723
202506 3,559.428 111.700 3,591.294
202509 3,628.756 112.000 3,651.436
202512 3,661.021 113.000 3,651.301
202603 3,599.544 112.700 3,599.544

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 0.99 mean?
Mitsui DM Sugar Co (TSE:2109) has a Cyclically Adjusted PB Ratio of 0.99 as of Aug. 18, 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 Mitsui DM Sugar Co and its competitors. This is near median its historical median of 0.91. Over the past decade, Mitsui DM Sugar Co's Cyclically Adjusted PB Ratio has ranged from 0.64 to 1.89. According to the industry distribution chart, Mitsui DM Sugar Co ranks #556 out of 1386 companies in the Consumer Packaged Goods industry, placing it in the top 40.1%.
Is Mitsui DM Sugar Co's Cyclically Adjusted PB Ratio too high?
Mitsui DM Sugar Co's current Cyclically Adjusted PB Ratio of 0.99 is near median its 10-year median of 0.91. Over the past 10 years, this metric has ranged from a low of 0.64 to a high of 1.89. The Consumer Packaged Goods industry median Cyclically Adjusted PB Ratio is 1.28. Mitsui DM Sugar Co's value of 0.99 is 22.7% below this industry median. Based on the distribution chart, Mitsui DM Sugar Co ranks #556 out of 1386 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Mitsui DM Sugar Co has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mitsui DM Sugar Co's Cyclically Adjusted PB Ratio compare to MDLZ and HSY?
According to the Consumer Packaged Goods industry distribution chart, Mitsui DM Sugar Co ranks #556 out of 1386 companies for Cyclically Adjusted PB Ratio. This puts Mitsui DM Sugar Co in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.28. Mitsui DM Sugar Co's value of 0.99 is 22.7% below this benchmark. Historically, Mitsui DM Sugar Co's own Cyclically Adjusted PB Ratio has ranged from 0.64 to 1.89 over the past decade. While the company's 10-year median is 0.91 vs. the industry median of 1.28, Mitsui DM Sugar 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 1.28, based on 1,386 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. Mitsui DM Sugar Co's current Cyclically Adjusted PB Ratio of 0.99 is 22.7% 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 Mitsui DM Sugar Co and its competitors. For the Consumer Packaged Goods industry, the median Cyclically Adjusted PB Ratio is 1.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mitsui DM Sugar Co's current Cyclically Adjusted PB Ratio is 0.99, which is near median its own 10-year median of 0.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mitsui DM Sugar Co stock overvalued right now?
Based on GuruFocus' analysis, Mitsui DM Sugar Co (TSE:2109) is currently considered Fairly Valued. The stock's GF Value™ is 円3,462.21, compared to a current price of 円3,510.00 — trading 1.4% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.99, which is near median its 10-year median of 0.91 and 22.7% below the Consumer Packaged Goods industry median of 1.28. Mitsui DM Sugar Co's overall GF Score™ is 71/100 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 Mitsui DM Sugar Co (TSE:2109), the current Cyclically Adjusted PB Ratio is 0.99 as of Aug. 18, 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 Mitsui DM Sugar Co (TSE:2109) Overvalued in 2026?

Based on GuruFocus' analysis, Mitsui DM Sugar Co stock appears to be overvalued. The current stock price of 円3,510.00 is trading 1.4% above its estimated GF Value™ of 円3,462.21. GuruFocus considers Mitsui DM Sugar Co to be Fairly Valued.

Key valuation signals for TSE:2109:

  • Cyclically Adjusted PB Ratio: 0.99 (near median its 10-year median of 0.91)
  • GF Value™: 円3,462.21 vs. price of 円3,510.00 (1.4% above fair value)
  • GF Score™: 71/100 with 5 warning signs
  • Industry Position: 22.7% below the Consumer Packaged Goods median (#556 of 1386)

No single metric tells the full story. See the TSE:2109 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mitsui DM Sugar Co Business Description

Address 26-16 Shiba 5-chome, Mita S-Garden, Minato-ku, Tokyo, JPN, 108-0014
Mitsui DM Sugar Co Ltd is in the business of manufacturing and selling raw sugar and its products, food science, and real estate. The company manufactures and promotes its products under the brand name of Spoon brand. Its products include home use products, business use products, tabletop products, alternative sweeteners.
71GF Score

Get the complete analysis for TSE:2109

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

円3,510.00
Price
円3,462.21
GF Value