Koike-Ya (TSE:2226) Cyclically Adjusted PB Ratio: 3.33 (As of Aug. 11, 2026) — 53% Above Median

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TSE:2226 Koike-Ya Inc TSE:2226
80 GF Score
Price 円4,820.00
GF Value 円5,120.54
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Koike-Ya Cyclically Adjusted PB Ratio?

Koike-Ya TSE:2226 -0.10% 80 Cyclically Adjusted PB Ratio is 3.33 as of Aug. 11, 2026, which is 53% above its 10-year median of 2.18. GuruFocus rates TSE:2226 with a GF Score™ of 80/100 and a GF Value™ of 円5,120.54 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,407 Consumer Packaged Goods companies, Koike-Ya ranks worse than 82.16% on this metric.

As of today (2026-08-11), Koike-Ya's current share price is 円4820.00. Koike-Ya's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円1,449.10. Koike-Ya's Cyclically Adjusted PB Ratio for today is 3.33.

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

TSE:2226' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.52   Med: 2.18   Max: 3.86
Current: 3.33

During the past years, Koike-Ya's highest Cyclically Adjusted PB Ratio was 3.86. The lowest was 1.52. And the median was 2.18.

TSE:2226's Cyclically Adjusted PB Ratio is ranked worse than
82.16% of 1407 companies
in the Consumer Packaged Goods industry
Industry Median: 1.26 vs TSE:2226: 3.33

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.

Koike-Ya's adjusted book value per share data for the three months ended in Mar. 2026 was 円1,995.501. 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1,449.10 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Koike-Ya  (TSE:2226) 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.


Koike-Ya Cyclically Adjusted PB Ratio Related Terms


Koike-Ya Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Koike-Ya'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.

Koike-Ya Cyclically Adjusted PB Ratio Chart

Koike-Ya Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.18 2.20 3.56 3.25 3.21

Koike-Ya Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 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 3.25 3.42 3.40 3.22 3.21

TSE:2226 vs KHC, GIS: Cyclically Adjusted PB Ratio Comparison

For the Packaged Foods subindustry, Koike-Ya'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.


Koike-Ya Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

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

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


TSE:2226
80GF Score
Koike-Ya Inc TSE:2226
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Koike-Ya 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.

Koike-Ya's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4820.00/1449.10
=3.33

* 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.

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

For example, Koike-Ya'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)
=1995.501/112.7000*112.7000
=1,995.501

Current CPI (Mar. 2026) = 112.7000.

Koike-Ya Quarterly Data

Book Value per Share CPI Adj_Book
201603 1,153.211 97.900 1,327.547
201606 1,130.842 98.100 1,299.143
201609 1,100.464 98.000 1,265.534
201612 1,121.653 98.400 1,284.657
201703 1,123.635 98.100 1,290.863
201706 1,137.375 98.500 1,301.342
201709 1,086.099 98.800 1,238.900
201712 1,107.242 99.400 1,255.394
201803 1,111.017 99.200 1,262.214
201806 1,125.668 99.200 1,278.859
201809 1,093.451 99.900 1,233.553
201812 1,115.038 99.700 1,260.429
201903 1,124.208 99.700 1,270.795
201906 1,142.201 99.800 1,289.840
201909 1,114.079 100.100 1,254.313
201912 1,141.639 100.500 1,280.226
202003 1,146.982 100.300 1,288.782
202006 1,177.728 99.900 1,328.628
202009 1,178.759 99.900 1,329.791
202012 1,237.345 99.300 1,404.318
202103 1,243.626 99.900 1,402.969
202106 1,268.091 99.500 1,436.320
202109 1,257.221 100.100 1,415.473
202112 1,290.120 100.100 1,452.513
202203 1,315.054 101.100 1,465.941
202206 1,315.148 101.800 1,455.964
202209 1,327.147 103.100 1,450.722
202212 1,366.142 104.100 1,479.003
202303 1,410.386 104.400 1,522.514
202306 1,437.477 105.200 1,539.959
202309 1,480.315 106.200 1,570.918
202312 1,565.711 106.800 1,652.206
202403 1,603.300 107.200 1,685.559
202406 1,620.469 108.200 1,687.864
202409 1,652.887 108.900 1,710.563
202503 1,787.777 111.100 1,813.524
202506 1,761.061 111.700 1,776.827
202509 1,799.869 112.000 1,811.118
202512 1,898.294 113.000 1,893.254
202603 1,995.501 112.700 1,995.501

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 3.33 mean?
Koike-Ya (TSE:2226) has a Cyclically Adjusted PB Ratio of 3.33 as of Aug. 11, 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 Koike-Ya and its competitors. This is 53% above median its historical median of 2.18. Over the past decade, Koike-Ya's Cyclically Adjusted PB Ratio has ranged from 1.52 to 3.86. According to the industry distribution chart, Koike-Ya ranks #1156 out of 1407 companies in the Consumer Packaged Goods industry, placing it in the top 82.2%.
Is Koike-Ya's Cyclically Adjusted PB Ratio too high?
Koike-Ya's current Cyclically Adjusted PB Ratio of 3.33 is 53% above median its 10-year median of 2.18. Over the past 10 years, this metric has ranged from a low of 1.52 to a high of 3.86. The Consumer Packaged Goods industry median Cyclically Adjusted PB Ratio is 1.26. Koike-Ya's value of 3.33 is 164.3% above this industry median. Based on the distribution chart, Koike-Ya ranks #1156 out of 1407 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Koike-Ya has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Koike-Ya's Cyclically Adjusted PB Ratio compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Koike-Ya ranks #1156 out of 1407 companies for Cyclically Adjusted PB Ratio. This places Koike-Ya in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.26. Koike-Ya's value of 3.33 is 164.3% above this benchmark. Historically, Koike-Ya's own Cyclically Adjusted PB Ratio has ranged from 1.52 to 3.86 over the past decade. While the company's 10-year median is 2.18 vs. the industry median of 1.26, Koike-Ya has consistently been above 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 1,407 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. Koike-Ya's current Cyclically Adjusted PB Ratio of 3.33 is 164.3% above 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 Koike-Ya 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. Koike-Ya's current Cyclically Adjusted PB Ratio is 3.33, which is 53% above median its own 10-year median of 2.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Koike-Ya stock overvalued right now?
Based on GuruFocus' analysis, Koike-Ya (TSE:2226) is currently considered Fairly Valued. The stock's GF Value™ is 円5,120.54, compared to a current price of 円4,820.00 — trading 5.9% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 3.33, which is 53% above median its 10-year median of 2.18 and 164.3% above the Consumer Packaged Goods industry median of 1.26. Koike-Ya's overall GF Score™ is 80/100 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 Koike-Ya (TSE:2226), the current Cyclically Adjusted PB Ratio is 3.33 as of Aug. 11, 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 Koike-Ya (TSE:2226) Overvalued in 2026?

Based on GuruFocus' analysis, Koike-Ya stock appears to be undervalued. The current stock price of 円4,820.00 is trading 5.9% below its estimated GF Value™ of 円5,120.54. GuruFocus considers Koike-Ya to be Fairly Valued.

Key valuation signals for TSE:2226:

  • Cyclically Adjusted PB Ratio: 3.33 (53% above median its 10-year median of 2.18)
  • GF Value™: 円5,120.54 vs. price of 円4,820.00 (5.9% below fair value)
  • GF Score™: 80/100 with 3 warning signs
  • Industry Position: 164.3% above the Consumer Packaged Goods median (#1156 of 1407)

No single metric tells the full story. See the TSE:2226 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Koike-Ya Business Description

Address 5-9-7 Narimasu, Itabashi-ku, Tokyo, JPN, 175-0094
Koike-Ya Inc is engaged in the manufacturing and sales of snack foods and health foods. Its products include potato chips, popcorn snacks, soft candies, and fruit mint tablets. The company sells its products under the brand name Columno, Sumo Mocho, Scone, Sghon, Dontakos, and Pinky among others. It has two reporting segments: Domestic and Overseas.
80GF Score

Get the complete analysis for TSE:2226

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

円4,820.00
Price
円5,120.54
GF Value