Hayashikanengyo Co (TSE:2286) Cyclically Adjusted PB Ratio: 0.77 (As of Aug. 07, 2026) — Near 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:2286 Hayashikane Sangyo Co Ltd TSE:2286
47 GF Score
Price 円905.00
GF Value 円599.19
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Hayashikanengyo Co Cyclically Adjusted PB Ratio?

Hayashikanengyo Co TSE:2286 +0.44% 47 Cyclically Adjusted PB Ratio is 0.77 as of Aug. 07, 2026, which is 7% below its 10-year median of 0.83. GuruFocus rates TSE:2286 with a GF Score™ of 47/100 and a GF Value™ of 円599.19 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,413 Consumer Packaged Goods companies, Hayashikanengyo Co ranks better than 68.93% on this metric.

As of today (2026-08-07), Hayashikanengyo Co's current share price is 円905.00. Hayashikanengyo Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar26 was 円1,173.90. Hayashikanengyo Co's Cyclically Adjusted PB Ratio for today is 0.77.

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

TSE:2286' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.44   Med: 0.83   Max: 1.84
Current: 0.78

During the past 13 years, Hayashikanengyo Co's highest Cyclically Adjusted PB Ratio was 1.84. The lowest was 0.44. And the median was 0.83.

TSE:2286's Cyclically Adjusted PB Ratio is ranked better than
68.93% of 1413 companies
in the Consumer Packaged Goods industry
Industry Median: 1.24 vs TSE:2286: 0.78

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.

Hayashikanengyo Co's adjusted book value per share data of for the fiscal year that ended in Mar26 was 円1,661.523. 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1,173.90 for the trailing ten years ended in Mar26.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hayashikanengyo Co  (TSE:2286) 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.


Hayashikanengyo Co Cyclically Adjusted PB Ratio Related Terms


Hayashikanengyo Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Hayashikanengyo 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.

Hayashikanengyo Co Cyclically Adjusted PB Ratio Chart

Hayashikanengyo 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 0.69 0.56 0.62 0.46 0.76

Hayashikanengyo Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 0.62 0.51 0.46 0.00 0.76

TSE:2286 vs KHC, GIS: Cyclically Adjusted PB Ratio Comparison

For the Packaged Foods subindustry, Hayashikanengyo 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.


Hayashikanengyo Co Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

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

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


TSE:2286
47GF Score
Hayashikane Sangyo Co Ltd TSE:2286
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hayashikanengyo 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=905.00/1173.90
=0.77

* 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.

Hayashikanengyo Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar26 is calculated as:

For example, Hayashikanengyo Co's adjusted Book Value per Share data for the fiscal year that ended in Mar26 was:

Adj_Book=Book Value per Share/CPI of Mar26 (Change)*Current CPI (Mar26)
=1661.523/112.7000*112.7000
=1,661.523

Current CPI (Mar26) = 112.7000.

Hayashikanengyo Co Annual Data

Book Value per Share CPI Adj_Book
201703 696.724 98.100 800.416
201803 780.314 99.200 886.506
201903 878.113 99.700 992.611
202003 874.589 100.300 982.714
202103 1,058.847 99.900 1,194.515
202203 1,111.031 101.100 1,238.508
202303 1,125.822 104.400 1,215.327
202403 1,285.251 107.200 1,351.192
202503 1,395.597 111.100 1,415.696
202603 1,661.523 112.700 1,661.523

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 0.77 mean?
Hayashikanengyo Co (TSE:2286) has a Cyclically Adjusted PB Ratio of 0.77 as of Aug. 07, 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 Hayashikanengyo Co and its competitors. This is near median its historical median of 0.83. Over the past decade, Hayashikanengyo Co's Cyclically Adjusted PB Ratio has ranged from 0.44 to 1.84. According to the industry distribution chart, Hayashikanengyo Co ranks #439 out of 1413 companies in the Consumer Packaged Goods industry, placing it in the top 31.1%.
Is Hayashikanengyo Co's Cyclically Adjusted PB Ratio too high?
Hayashikanengyo Co's current Cyclically Adjusted PB Ratio of 0.77 is near median its 10-year median of 0.83. Over the past 10 years, this metric has ranged from a low of 0.44 to a high of 1.84. The Consumer Packaged Goods industry median Cyclically Adjusted PB Ratio is 1.24. Hayashikanengyo Co's value of 0.77 is 37.9% below this industry median. Based on the distribution chart, Hayashikanengyo Co ranks #439 out of 1413 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Hayashikanengyo Co has a GF Score™ of 47/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hayashikanengyo Co's Cyclically Adjusted PB Ratio compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Hayashikanengyo Co ranks #439 out of 1413 companies for Cyclically Adjusted PB Ratio. This puts Hayashikanengyo Co in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.24. Hayashikanengyo Co's value of 0.77 is 37.9% below this benchmark. Historically, Hayashikanengyo Co's own Cyclically Adjusted PB Ratio has ranged from 0.44 to 1.84 over the past decade. While the company's 10-year median is 0.83 vs. the industry median of 1.24, Hayashikanengyo 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 1.24, based on 1,413 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. Hayashikanengyo Co's current Cyclically Adjusted PB Ratio of 0.77 is 37.9% 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 Hayashikanengyo Co and its competitors. For the Consumer Packaged Goods industry, the median Cyclically Adjusted PB Ratio is 1.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hayashikanengyo Co's current Cyclically Adjusted PB Ratio is 0.77, which is near median its own 10-year median of 0.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hayashikanengyo Co stock overvalued right now?
Based on GuruFocus' analysis, Hayashikanengyo Co (TSE:2286) is currently considered Significantly Overvalued. The stock's GF Value™ is 円599.19, compared to a current price of 円905.00 — trading 51% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.77, which is near median its 10-year median of 0.83 and 37.9% below the Consumer Packaged Goods industry median of 1.24. Hayashikanengyo Co's overall GF Score™ is 47/100 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 Hayashikanengyo Co (TSE:2286), the current Cyclically Adjusted PB Ratio is 0.77 as of Aug. 07, 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 Hayashikanengyo Co (TSE:2286) Overvalued in 2026?

Based on GuruFocus' analysis, Hayashikanengyo Co stock appears to be overvalued. The current stock price of 円905.00 is trading 51% above its estimated GF Value™ of 円599.19. GuruFocus considers Hayashikanengyo Co to be Significantly Overvalued.

Key valuation signals for TSE:2286:

  • Cyclically Adjusted PB Ratio: 0.77 (near median its 10-year median of 0.83)
  • GF Value™: 円599.19 vs. price of 円905.00 (51% above fair value)
  • GF Score™: 47/100 with 5 warning signs
  • Industry Position: 37.9% below the Consumer Packaged Goods median (#439 of 1413)

No single metric tells the full story. See the TSE:2286 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hayashikanengyo Co Business Description

Address 2-4-8 Yamato-Machi, Shimonoseki, Yamaguchi, JPN, 750-8608
Hayashikane Sangyo Co Ltd is engaged in the manufacturing of fish hams and sausages. Its other business activities of include processing and sale of foodstuffs; manufacture and sales of fertilizer, feed, fat and oil; manufacture and sale of export and domestic food canning and bottling; manufacture and sale of food additives; production, breeding and sales of agriculture, livestock, fishery products and medical treatment of animals.
47GF Score

Get the complete analysis for TSE:2286

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

円905.00
Price
円599.19
GF Value