Marudai Food Co (TSE:2288) Cyclically Adjusted PB Ratio: 0.68 (As of Aug. 13, 2026) — 11% Above Median

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TSE:2288 Marudai Food Co Ltd TSE:2288
60 GF Score
Price 円2,164.00
GF Value 円1,857.03
Valuation Modestly Overvalued
! 1 Warning Sign
View Full Analysis

What is Marudai Food Co Cyclically Adjusted PB Ratio?

Marudai Food Co TSE:2288 +0.42% 60 Cyclically Adjusted PB Ratio is 0.68 as of Aug. 13, 2026, which is 11% above its 10-year median of 0.61. GuruFocus rates TSE:2288 with a GF Score™ of 60/100 and a GF Value™ of 円1,857.03 (Modestly Overvalued). The stock has 1 warning sign investors should review. Among 1,400 Consumer Packaged Goods companies, Marudai Food Co ranks better than 74.71% on this metric.

As of today (2026-08-13), Marudai Food Co's current share price is 円2164.00. Marudai Food Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was 円3,205.46. Marudai Food Co's Cyclically Adjusted PB Ratio for today is 0.68.

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

TSE:2288' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.47   Med: 0.61   Max: 1.05
Current: 0.68

During the past years, Marudai Food Co's highest Cyclically Adjusted PB Ratio was 1.05. The lowest was 0.47. And the median was 0.61.

TSE:2288's Cyclically Adjusted PB Ratio is ranked better than
74.71% of 1400 companies
in the Consumer Packaged Goods industry
Industry Median: 1.26 vs TSE:2288: 0.68

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.

Marudai Food Co's adjusted book value per share data for the three months ended in Jun. 2026 was 円3,078.387. 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3,205.46 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Marudai Food Co  (TSE:2288) 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.


Marudai Food Co Cyclically Adjusted PB Ratio Related Terms


Marudai Food Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Marudai Food 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.

Marudai Food Co Cyclically Adjusted PB Ratio Chart

Marudai Food 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 0.51 0.48 0.53 0.54 0.72

Marudai Food Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 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 0.57 0.64 0.69 0.72 0.70

TSE:2288 vs KHC, GIS: Cyclically Adjusted PB Ratio Comparison

For the Packaged Foods subindustry, Marudai Food 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.


Marudai Food Co Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

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

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


TSE:2288
60GF Score
Marudai Food Co Ltd TSE:2288
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Marudai Food 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2164.00/3205.46
=0.68

* 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.

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

For example, Marudai Food 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)
=3078.387/113.6000*113.6000
=3,078.387

Current CPI (Jun. 2026) = 113.6000.

Marudai Food Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 2,777.270 98.000 3,219.366
201612 2,885.896 98.400 3,331.685
201703 2,885.934 98.100 3,341.917
201706 2,919.301 98.500 3,366.828
201709 2,928.340 98.800 3,366.998
201712 3,014.592 99.400 3,445.248
201803 2,998.393 99.200 3,433.644
201806 2,987.145 99.200 3,420.763
201809 3,026.106 99.900 3,441.098
201812 2,988.441 99.700 3,405.084
201903 2,971.299 99.700 3,385.552
201906 2,952.113 99.800 3,360.321
201909 2,971.916 100.100 3,372.724
201912 3,013.295 100.500 3,406.073
202003 2,930.656 100.300 3,319.267
202006 2,907.135 99.900 3,305.811
202009 2,946.227 99.900 3,350.264
202012 2,997.914 99.300 3,429.638
202103 3,036.492 99.900 3,452.908
202106 2,993.623 99.500 3,417.845
202109 3,009.247 100.100 3,415.090
202112 3,001.786 100.100 3,406.622
202203 2,969.798 101.100 3,336.984
202206 2,924.078 101.800 3,263.018
202209 2,925.063 103.100 3,222.960
202212 2,961.872 104.100 3,232.168
202303 2,730.946 104.400 2,971.604
202306 2,790.576 105.200 3,013.398
202309 2,829.169 106.200 3,026.305
202312 2,883.122 106.800 3,066.692
202403 2,494.870 107.200 2,643.817
202406 2,607.725 108.200 2,737.870
202409 2,637.015 108.900 2,750.826
202412 2,729.453 110.700 2,800.956
202503 2,704.289 111.100 2,765.142
202506 2,733.905 111.700 2,780.408
202509 2,871.732 112.000 2,912.757
202512 3,045.057 113.000 3,061.225
202603 3,134.146 112.700 3,159.175
202606 3,078.387 113.600 3,078.387

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 0.68 mean?
Marudai Food Co (TSE:2288) has a Cyclically Adjusted PB Ratio of 0.68 as of Aug. 13, 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 Marudai Food Co and its competitors. This is 11% above median its historical median of 0.61. Over the past decade, Marudai Food Co's Cyclically Adjusted PB Ratio has ranged from 0.47 to 1.05. According to the industry distribution chart, Marudai Food Co ranks #354 out of 1400 companies in the Consumer Packaged Goods industry, placing it in the top 25.3%.
Is Marudai Food Co's Cyclically Adjusted PB Ratio too high?
Marudai Food Co's current Cyclically Adjusted PB Ratio of 0.68 is 11% above median its 10-year median of 0.61. Over the past 10 years, this metric has ranged from a low of 0.47 to a high of 1.05. The Consumer Packaged Goods industry median Cyclically Adjusted PB Ratio is 1.26. Marudai Food Co's value of 0.68 is 46% below this industry median. Based on the distribution chart, Marudai Food Co ranks #354 out of 1400 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Marudai Food Co has a GF Score™ of 60/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Marudai Food Co's Cyclically Adjusted PB Ratio compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Marudai Food Co ranks #354 out of 1400 companies for Cyclically Adjusted PB Ratio. This puts Marudai Food Co in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.26. Marudai Food Co's value of 0.68 is 46% below this benchmark. Historically, Marudai Food Co's own Cyclically Adjusted PB Ratio has ranged from 0.47 to 1.05 over the past decade. While the company's 10-year median is 0.61 vs. the industry median of 1.26, Marudai Food 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 1,400 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. Marudai Food Co's current Cyclically Adjusted PB Ratio of 0.68 is 46% 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 Marudai Food 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. Marudai Food Co's current Cyclically Adjusted PB Ratio is 0.68, which is 11% above median its own 10-year median of 0.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Marudai Food Co stock overvalued right now?
Based on GuruFocus' analysis, Marudai Food Co (TSE:2288) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,857.03, compared to a current price of 円2,164.00 — trading 16.5% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.68, which is 11% above median its 10-year median of 0.61 and 46% below the Consumer Packaged Goods industry median of 1.26. Marudai Food Co's overall GF Score™ is 60/100 with 1 warning sign 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 Marudai Food Co (TSE:2288), the current Cyclically Adjusted PB Ratio is 0.68 as of Aug. 13, 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 Marudai Food Co (TSE:2288) Overvalued in 2026?

Based on GuruFocus' analysis, Marudai Food Co stock appears to be overvalued. The current stock price of 円2,164.00 is trading 16.5% above its estimated GF Value™ of 円1,857.03. GuruFocus considers Marudai Food Co to be Modestly Overvalued.

Key valuation signals for TSE:2288:

  • Cyclically Adjusted PB Ratio: 0.68 (11% above median its 10-year median of 0.61)
  • GF Value™: 円1,857.03 vs. price of 円2,164.00 (16.5% above fair value)
  • GF Score™: 60/100 with 1 warning sign
  • Industry Position: 46% below the Consumer Packaged Goods median (#354 of 1400)

No single metric tells the full story. See the TSE:2288 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Marudai Food Co Business Description

Other Exchanges MFL1:Germany
Address 21-3, Midori-cho, Takatsuki-shi, Osaka, JPN
Marudai Food Co Ltd is a food manufacturing company, which through its subsidiaries, is engaged in the manufacturing and sale of hams and sausages, including bone-less hams, bacon, wiener sausages, fish hams and sausages.
60GF Score

Get the complete analysis for TSE:2288

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

円2,164.00
Price
円1,857.03
GF Value