Morozoff (TSE:2217) Cyclically Adjusted PB Ratio: 0.06 (As of Aug. 16, 2026) — 96% Below Median

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TSE:2217 Morozoff Ltd TSE:2217
72 GF Score
Price 円1,525.00
GF Value 円1,579.17
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Morozoff Cyclically Adjusted PB Ratio?

Morozoff TSE:2217 +0.86% 72 Cyclically Adjusted PB Ratio is 0.06 as of Aug. 16, 2026, which is 96% below its 10-year median of 1.48. GuruFocus rates TSE:2217 with a GF Score™ of 72/100 and a GF Value™ of 円1,579.17 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,386 Consumer Packaged Goods companies, Morozoff ranks better than 98.77% on this metric.

As of today (2026-08-16), Morozoff's current share price is 円1525.00. Morozoff's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2026 was 円25,082.69. Morozoff's Cyclically Adjusted PB Ratio for today is 0.06.

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

TSE:2217' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.06   Med: 1.48   Max: 2.15
Current: 0.06

During the past years, Morozoff's highest Cyclically Adjusted PB Ratio was 2.15. The lowest was 0.06. And the median was 1.48.

TSE:2217's Cyclically Adjusted PB Ratio is ranked better than
98.77% of 1386 companies
in the Consumer Packaged Goods industry
Industry Median: 1.28 vs TSE:2217: 0.06

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.

Morozoff's adjusted book value per share data for the three months ended in Jan. 2026 was 円990.648. 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25,082.69 for the trailing ten years ended in Jan. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Morozoff  (TSE:2217) 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.


Morozoff Cyclically Adjusted PB Ratio Related Terms


Morozoff Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Morozoff'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.

Morozoff Cyclically Adjusted PB Ratio Chart

Morozoff Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.37 1.54 1.73 1.98 0.06

Morozoff Quarterly Data
Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Jan25 Apr25 Jul25 Jan26 Apr26
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 1.98 0.07 0.06 0.06 0.00

TSE:2217 vs MDLZ, HSY, TR: Cyclically Adjusted PB Ratio Comparison

For the Confectioners subindustry, Morozoff'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.


Morozoff Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

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

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


TSE:2217
72GF Score
Morozoff Ltd TSE:2217
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Morozoff 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1525.00/25082.69
=0.06

* 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.

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

For example, Morozoff's adjusted Book Value per Share data for the three months ended in Jan. 2026 was:

Adj_Book=Book Value per Share/CPI of Jan. 2026 (Change)*Current CPI (Jan. 2026)
=990.648/112.9000*112.9000
=990.648

Current CPI (Jan. 2026) = 112.9000.

Morozoff Quarterly Data

Book Value per Share CPI Adj_Book
201510 566.523 98.500 649.345
201601 602.573 97.700 696.320
201604 618.711 98.100 712.054
201607 621.299 97.900 716.493
201610 607.373 98.600 695.461
201701 665.172 98.200 764.745
201704 678.994 98.500 778.258
201707 687.109 98.300 789.162
201710 672.417 98.800 768.379
201801 731.865 99.500 830.428
201804 741.563 99.100 844.828
201807 742.130 99.200 844.622
201810 708.694 100.200 798.518
201901 752.572 99.700 852.210
201904 772.383 100.000 872.020
201907 764.515 99.800 864.867
201910 733.143 100.400 824.421
202001 786.416 100.500 883.446
202004 774.882 100.200 873.096
202007 762.775 100.000 861.173
202010 744.521 99.800 842.249
202101 795.416 99.800 899.824
202104 794.967 99.100 905.669
202107 792.232 99.700 897.121
202110 767.436 99.900 867.303
202201 833.116 100.300 937.775
202204 829.053 101.500 922.168
202207 838.507 102.300 925.390
202210 825.069 103.700 898.267
202301 880.120 104.700 949.050
202304 893.681 105.100 960.006
202307 901.718 105.700 963.141
202310 890.337 107.100 938.553
202401 950.263 106.900 1,003.599
202404 946.321 107.700 992.012
202407 951.667 108.600 989.348
202501 963.992 111.200 978.729
202504 957,532.631 111.500 969,555.462
202507 962.871 111.900 971.476
202601 990.648 112.900 990.648

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 0.06 mean?
Morozoff (TSE:2217) has a Cyclically Adjusted PB Ratio of 0.06 as of Aug. 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 Morozoff and its competitors. This is 96% below median its historical median of 1.48. Over the past decade, Morozoff's Cyclically Adjusted PB Ratio has ranged from 0.06 to 2.15. According to the industry distribution chart, Morozoff ranks #17 out of 1386 companies in the Consumer Packaged Goods industry, placing it in the top 1.2%.
Is Morozoff's Cyclically Adjusted PB Ratio too high?
Morozoff's current Cyclically Adjusted PB Ratio of 0.06 is 96% below median its 10-year median of 1.48. Over the past 10 years, this metric has ranged from a low of 0.06 to a high of 2.15. The Consumer Packaged Goods industry median Cyclically Adjusted PB Ratio is 1.28. Morozoff's value of 0.06 is 95.3% below this industry median. Based on the distribution chart, Morozoff ranks #17 out of 1386 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Morozoff has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Morozoff's Cyclically Adjusted PB Ratio compare to MDLZ and HSY?
According to the Consumer Packaged Goods industry distribution chart, Morozoff ranks #17 out of 1386 companies for Cyclically Adjusted PB Ratio. This places Morozoff in the top 1% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.28. Morozoff's value of 0.06 is 95.3% below this benchmark. Historically, Morozoff's own Cyclically Adjusted PB Ratio has ranged from 0.06 to 2.15 over the past decade. While the company's 10-year median is 1.48 vs. the industry median of 1.28, Morozoff 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. Morozoff's current Cyclically Adjusted PB Ratio of 0.06 is 95.3% 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 Morozoff 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. Morozoff's current Cyclically Adjusted PB Ratio is 0.06, which is 96% below median its own 10-year median of 1.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Morozoff stock overvalued right now?
Based on GuruFocus' analysis, Morozoff (TSE:2217) is currently considered Fairly Valued. The stock's GF Value™ is 円1,579.17, compared to a current price of 円1,525.00 — trading 3.4% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.06, which is 96% below median its 10-year median of 1.48 and 95.3% below the Consumer Packaged Goods industry median of 1.28. Morozoff'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 Morozoff (TSE:2217), the current Cyclically Adjusted PB Ratio is 0.06 as of Aug. 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 Morozoff (TSE:2217) Overvalued in 2026?

Based on GuruFocus' analysis, Morozoff stock appears to be undervalued. The current stock price of 円1,525.00 is trading 3.4% below its estimated GF Value™ of 円1,579.17. GuruFocus considers Morozoff to be Fairly Valued.

Key valuation signals for TSE:2217:

  • Cyclically Adjusted PB Ratio: 0.06 (96% below median its 10-year median of 1.48)
  • GF Value™: 円1,579.17 vs. price of 円1,525.00 (3.4% below fair value)
  • GF Score™: 72/100 with 3 warning signs
  • Industry Position: 95.3% below the Consumer Packaged Goods median (#17 of 1386)

No single metric tells the full story. See the TSE:2217 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Morozoff Business Description

Address Mikage Honcho 6-11-19, Higashinada ward, Kobe City, JPN, 658-0033
Morozoff Ltd is a Japan-based confectionery maker. The company is mainly engaged in the production and sale of chocolates, candies, and cakes. Products offered by the company include pudding, jelly, cake, summer dessert, cookie, baked sweets, frozen sweets. It sells its products through its retail stores, coffee shops, department stores, and restaurants under the brand name Cafe Morozoff, Feuillage Chocolat, Pudding, Alpenglow, and Morozoff Grand. Morozoff has overseas stores located in Dubai, Singapore, Hong Kong, Macau, Taipei, and Shanghai.
72GF Score

Get the complete analysis for TSE:2217

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

円1,525.00
Price
円1,579.17
GF Value