Wellneo Sugar Co (TSE:2117) Cyclically Adjusted PB Ratio: 1.14 (As of Sep. 16, 2026) — 24% Above Median

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TSE:2117 Wellneo Sugar Co Ltd TSE:2117
72 GF Score
Price 円2,820.00
GF Value 円2,854.74
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Wellneo Sugar Co Cyclically Adjusted PB Ratio?

Wellneo Sugar Co TSE:2117 -0.42% 72 Cyclically Adjusted PB Ratio is 1.14 as of Sep. 16, 2026, which is 24% above its 10-year median of 0.92. GuruFocus rates TSE:2117 with a GF Score™ of 72/100 and a GF Value™ of 円2,854.74 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,268 Consumer Packaged Goods companies, Wellneo Sugar Co ranks better than 53.55% on this metric.

As of today (2026-09-16), Wellneo Sugar Co's current share price is 円2820.00. Wellneo Sugar Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was 円2,471.44. Wellneo Sugar Co's Cyclically Adjusted PB Ratio for today is 1.14.

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

TSE:2117' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.71   Med: 0.92   Max: 1.23
Current: 1.14

During the past years, Wellneo Sugar Co's highest Cyclically Adjusted PB Ratio was 1.23. The lowest was 0.71. And the median was 0.92.

TSE:2117's Cyclically Adjusted PB Ratio is ranked better than
53.55% of 1268 companies
in the Consumer Packaged Goods industry
Industry Median: 1.245 vs TSE:2117: 1.14

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.

Wellneo Sugar Co's adjusted book value per share data for the three months ended in Jun. 2026 was 円2,367.026. 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2,471.44 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Wellneo Sugar Co  (TSE:2117) 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.


Wellneo Sugar Co Cyclically Adjusted PB Ratio Related Terms


Wellneo Sugar Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Wellneo 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.

Wellneo Sugar Co Cyclically Adjusted PB Ratio Chart

Wellneo 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 0.75 0.72 0.99 0.96 1.18

Wellneo Sugar Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 0.92 1.05 1.14 1.16 1.05

TSE:2117 vs MDLZ, HSY, TR: Cyclically Adjusted PB Ratio Comparison

For the Confectioners subindustry, Wellneo 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.


Wellneo Sugar Co Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

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

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


TSE:2117
72GF Score
Wellneo Sugar Co Ltd TSE:2117
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Wellneo 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2820.00/2471.435
=1.14

* 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.

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

For example, Wellneo Sugar Co's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=2367.026/113.6000*113.6000
=2,367.026

Current CPI (Jun. 2026) = 113.6000.

Wellneo Sugar Co Quarterly Data

Book Value per Share CPI Adj_Book
201603 2,235.996 97.900 2,594.578
201606 2,204.851 98.100 2,553.222
201609 2,234.986 98.000 2,590.759
201612 2,249.371 98.400 2,596.835
201703 2,273.083 98.100 2,632.235
201706 2,273.096 98.500 2,621.560
201709 2,291.228 98.800 2,634.448
201712 2,291.660 99.400 2,619.040
201803 2,302.125 99.200 2,636.304
201806 2,299.833 99.200 2,633.680
201809 2,329.467 99.900 2,648.923
201812 2,307.800 99.700 2,629.549
201903 2,318.408 99.700 2,641.636
201906 2,308.357 99.800 2,627.549
201909 2,334.901 100.100 2,649.798
201912 2,314.983 100.500 2,616.737
202006 2,155.929 99.900 2,451.587
202009 2,162.821 99.900 2,459.424
202012 2,156.502 99.300 2,467.056
202103 2,197.803 99.900 2,499.203
202106 2,188.250 99.500 2,498.344
202109 2,207.074 100.100 2,504.731
202112 2,204.585 100.100 2,501.907
202203 2,213.274 101.100 2,486.923
202206 2,198.158 101.800 2,452.954
202209 2,200.008 103.100 2,424.063
202212 2,186.938 104.100 2,386.514
202303 2,083.700 104.400 2,267.321
202306 2,113.553 105.200 2,282.316
202309 2,150.652 106.200 2,300.509
202312 2,155.750 106.800 2,293.007
202403 2,170.218 107.200 2,299.783
202406 2,166.282 108.200 2,274.396
202409 2,216.854 108.900 2,312.531
202503 2,294.322 111.100 2,345.949
202506 2,242.409 111.700 2,280.552
202509 2,313.762 112.000 2,346.816
202512 2,335.585 113.000 2,347.986
202603 2,357.984 112.700 2,376.814
202606 2,367.026 113.600 2,367.026

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 1.14 mean?
Wellneo Sugar Co (TSE:2117) has a Cyclically Adjusted PB Ratio of 1.14 as of Sep. 16, 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 Wellneo Sugar Co and its competitors. This is 24% above median its historical median of 0.92. Over the past decade, Wellneo Sugar Co's Cyclically Adjusted PB Ratio has ranged from 0.71 to 1.23. According to the industry distribution chart, Wellneo Sugar Co ranks #589 out of 1268 companies in the Consumer Packaged Goods industry, placing it in the top 46.5%.
Is Wellneo Sugar Co's Cyclically Adjusted PB Ratio too high?
Wellneo Sugar Co's current Cyclically Adjusted PB Ratio of 1.14 is 24% above median its 10-year median of 0.92. Over the past 10 years, this metric has ranged from a low of 0.71 to a high of 1.23. The Consumer Packaged Goods industry median Cyclically Adjusted PB Ratio is 1.25. Wellneo Sugar Co's value of 1.14 is 8.4% below this industry median. Based on the distribution chart, Wellneo Sugar Co ranks #589 out of 1268 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Wellneo Sugar Co has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Wellneo Sugar Co's Cyclically Adjusted PB Ratio compare to MDLZ and HSY?
According to the Consumer Packaged Goods industry distribution chart, Wellneo Sugar Co ranks #589 out of 1268 companies for Cyclically Adjusted PB Ratio. This puts Wellneo Sugar Co in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.25. Wellneo Sugar Co's value of 1.14 is 8.4% below this benchmark. Historically, Wellneo Sugar Co's own Cyclically Adjusted PB Ratio has ranged from 0.71 to 1.23 over the past decade. While the company's 10-year median is 0.92 vs. the industry median of 1.25, Wellneo 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 1.25, based on 1,268 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. Wellneo Sugar Co's current Cyclically Adjusted PB Ratio of 1.14 is 8.4% 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 Wellneo Sugar Co and its competitors. For the Consumer Packaged Goods industry, the median Cyclically Adjusted PB Ratio is 1.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wellneo Sugar Co's current Cyclically Adjusted PB Ratio is 1.14, which is 24% above median its own 10-year median of 0.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wellneo Sugar Co stock overvalued right now?
Based on GuruFocus' analysis, Wellneo Sugar Co (TSE:2117) is currently considered Fairly Valued. The stock's GF Value™ is 円2,854.74, compared to a current price of 円2,820.00 — trading 1.2% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.14, which is 24% above median its 10-year median of 0.92 and 8.4% below the Consumer Packaged Goods industry median of 1.25. Wellneo Sugar Co's overall GF Score™ is 72/100 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 Wellneo Sugar Co (TSE:2117), the current Cyclically Adjusted PB Ratio is 1.14 as of Sep. 16, 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 Wellneo Sugar Co (TSE:2117) Overvalued in 2026?

Based on GuruFocus' analysis, Wellneo Sugar Co stock appears to be undervalued. The current stock price of 円2,820.00 is trading 1.2% below its estimated GF Value™ of 円2,854.74. GuruFocus considers Wellneo Sugar Co to be Fairly Valued.

Key valuation signals for TSE:2117:

  • Cyclically Adjusted PB Ratio: 1.14 (24% above median its 10-year median of 0.92)
  • GF Value™: 円2,854.74 vs. price of 円2,820.00 (1.2% below fair value)
  • GF Score™: 72/100 with 3 warning signs
  • Industry Position: 8.4% below the Consumer Packaged Goods median (#589 of 1268)

No single metric tells the full story. See the TSE:2117 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Wellneo Sugar Co Business Description

Address 14-1 Nihonbashi Koami-cho, Chuo-ku, Tokyo, JPN, 103-0016
Wellneo Sugar Co Ltd is a manufacturer and seller of sugar. Its business activities are Sugar and other foodstuffs, manufacturing and sale of sugar processed goods and Warehousing business. The company is also involved in health-care and sports club management businesses.
72GF Score

Get the complete analysis for TSE:2117

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

円2,820.00
Price
円2,854.74
GF Value