Meito Co (TSE:2207) Cyclically Adjusted PB Ratio: 1.18 (As of Aug. 15, 2026) — 76% Above 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:2207 Meito Co Ltd TSE:2207
59 GF Score
Price 円3,625.00
GF Value 円2,284.67
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is Meito Co Cyclically Adjusted PB Ratio?

Meito Co TSE:2207 +0.97% 59 Cyclically Adjusted PB Ratio is 1.18 as of Aug. 15, 2026, which is 76% above its 10-year median of 0.67. GuruFocus rates TSE:2207 with a GF Score™ of 59/100 and a GF Value™ of 円2,284.67 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,397 Consumer Packaged Goods companies, Meito Co ranks better than 55.62% on this metric.

As of today (2026-08-15), Meito Co's current share price is 円3625.00. Meito Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円3,072.20. Meito Co's Cyclically Adjusted PB Ratio for today is 1.18.

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

TSE:2207' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.48   Med: 0.67   Max: 1.2
Current: 1.18

During the past years, Meito Co's highest Cyclically Adjusted PB Ratio was 1.20. The lowest was 0.48. And the median was 0.67.

TSE:2207's Cyclically Adjusted PB Ratio is ranked better than
55.62% of 1397 companies
in the Consumer Packaged Goods industry
Industry Median: 1.26 vs TSE:2207: 1.18

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.

Meito Co's adjusted book value per share data for the three months ended in Mar. 2026 was 円3,812.979. 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3,072.20 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Meito Co  (TSE:2207) 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.


Meito Co Cyclically Adjusted PB Ratio Related Terms


Meito Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Meito 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.

Meito Co Cyclically Adjusted PB Ratio Chart

Meito 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 0.63 0.62 0.64 0.68 0.97

Meito Co Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24 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 0.68 0.68 0.74 0.79 0.97

TSE:2207 vs MDLZ, HSY, TR: Cyclically Adjusted PB Ratio Comparison

For the Confectioners subindustry, Meito 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.


Meito Co Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

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

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


TSE:2207
59GF Score
Meito Co Ltd TSE:2207
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Meito 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3625.00/3072.20
=1.18

* 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.

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

For example, Meito 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)
=3812.979/112.7000*112.7000
=3,812.979

Current CPI (Mar. 2026) = 112.7000.

Meito Co Quarterly Data

Book Value per Share CPI Adj_Book
201512 2,435.629 98.100 2,798.118
201603 2,292.642 97.900 2,639.231
201606 2,955.623 98.100 3,395.502
201609 2,993.316 98.000 3,442.313
201612 3,244.501 98.400 3,716.009
201703 2,427.532 98.100 2,788.816
201706 2,511.274 98.500 2,873.305
201709 2,531.574 98.800 2,887.737
201712 2,644.671 99.400 2,998.535
201803 2,605.114 99.200 2,959.641
201806 2,693.300 99.200 3,059.828
201809 2,804.688 99.900 3,164.047
201812 2,607.895 99.700 2,947.941
201903 2,602.072 99.700 2,941.359
201906 2,442.261 99.800 2,757.944
201909 2,445.990 100.100 2,753.877
201912 2,573.898 100.500 2,886.351
202003 2,442.912 100.300 2,744.927
202006 2,514.708 99.900 2,836.913
202009 2,528.204 99.900 2,852.138
202012 2,664.694 99.300 3,024.280
202103 2,739.079 99.900 3,090.032
202106 2,664.733 99.500 3,018.245
202109 2,947.733 100.100 3,318.776
202112 2,849.177 100.100 3,207.815
202203 2,646.679 101.100 2,950.353
202206 2,665.799 101.800 2,951.233
202209 2,685.746 103.100 2,935.825
202212 2,648.218 104.100 2,866.995
202303 2,640.402 104.400 2,850.319
202306 2,787.755 105.200 2,986.502
202309 2,884.554 106.200 3,061.104
202312 2,894.248 106.800 3,054.136
202403 3,018.739 107.200 3,173.618
202409 3,155.187 108.900 3,265.285
202503 3,243.797 111.100 3,290.512
202506 3,291.529 111.700 3,320.997
202509 3,522.637 112.000 3,544.653
202512 3,729.786 113.000 3,719.884
202603 3,812.979 112.700 3,812.979

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 1.18 mean?
Meito Co (TSE:2207) has a Cyclically Adjusted PB Ratio of 1.18 as of Aug. 15, 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 Meito Co and its competitors. This is 76% above median its historical median of 0.67. Over the past decade, Meito Co's Cyclically Adjusted PB Ratio has ranged from 0.48 to 1.20. According to the industry distribution chart, Meito Co ranks #620 out of 1397 companies in the Consumer Packaged Goods industry, placing it in the top 44.4%.
Is Meito Co's Cyclically Adjusted PB Ratio too high?
Meito Co's current Cyclically Adjusted PB Ratio of 1.18 is 76% above median its 10-year median of 0.67. Over the past 10 years, this metric has ranged from a low of 0.48 to a high of 1.20. The Consumer Packaged Goods industry median Cyclically Adjusted PB Ratio is 1.26. Meito Co's value of 1.18 is 6.3% below this industry median. Based on the distribution chart, Meito Co ranks #620 out of 1397 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Meito Co has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Meito Co's Cyclically Adjusted PB Ratio compare to MDLZ and HSY?
According to the Consumer Packaged Goods industry distribution chart, Meito Co ranks #620 out of 1397 companies for Cyclically Adjusted PB Ratio. This puts Meito Co in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.26. Meito Co's value of 1.18 is 6.3% below this benchmark. Historically, Meito Co's own Cyclically Adjusted PB Ratio has ranged from 0.48 to 1.20 over the past decade. While the company's 10-year median is 0.67 vs. the industry median of 1.26, Meito 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. Meito Co's current Cyclically Adjusted PB Ratio of 1.18 is 6.3% 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 Meito 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. Meito Co's current Cyclically Adjusted PB Ratio is 1.18, which is 76% above median its own 10-year median of 0.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Meito Co stock overvalued right now?
Based on GuruFocus' analysis, Meito Co (TSE:2207) is currently considered Significantly Overvalued. The stock's GF Value™ is 円2,284.67, compared to a current price of 円3,625.00 — trading 58.7% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.18, which is 76% above median its 10-year median of 0.67 and 6.3% below the Consumer Packaged Goods industry median of 1.26. Meito Co's overall GF Score™ is 59/100 with 8 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 Meito Co (TSE:2207), the current Cyclically Adjusted PB Ratio is 1.18 as of Aug. 15, 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 Meito Co (TSE:2207) Overvalued in 2026?

Based on GuruFocus' analysis, Meito Co stock appears to be overvalued. The current stock price of 円3,625.00 is trading 58.7% above its estimated GF Value™ of 円2,284.67. GuruFocus considers Meito Co to be Significantly Overvalued.

Key valuation signals for TSE:2207:

  • Cyclically Adjusted PB Ratio: 1.18 (76% above median its 10-year median of 0.67)
  • GF Value™: 円2,284.67 vs. price of 円3,625.00 (58.7% above fair value)
  • GF Score™: 59/100 with 8 warning signs
  • Industry Position: 6.3% below the Consumer Packaged Goods median (#620 of 1397)

No single metric tells the full story. See the TSE:2207 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Meito Co Business Description

Address 2-41 Sasazukacho, Nishi-ku, Nagoya, Aichi Prefecture, JPN, 451-8520
Meito Co Ltd is a Japanese based company operates in a wide range of business. The company is involved in the manufacture and sale of confectionery, beverages, seasoning foods, food additives and other foods. In addition, it is also involved in the manufacture and sale of pharmaceuticals, quasi-drugs, medical devices, veterinary medicines, cosmetics, and other chemical products. Further, it also involved in the construction and management of golf course activity. Geographically, business activities of the group are functioned through the region of Japan.
59GF Score

Get the complete analysis for TSE:2207

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

円3,625.00
Price
円2,284.67
GF Value