Pietro Co (TSE:2818) Cyclically Adjusted PB Ratio: 1.83 (As of Aug. 13, 2026) — 17% Below Median

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TSE:2818 Pietro Co Ltd TSE:2818
55 GF Score
Price 円1,755.00
GF Value 円2,001.81
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Pietro Co Cyclically Adjusted PB Ratio?

Pietro Co TSE:2818 55 Cyclically Adjusted PB Ratio is 1.83 as of Aug. 13, 2026, which is 17% below its 10-year median of 2.20. GuruFocus rates TSE:2818 with a GF Score™ of 55/100 and a GF Value™ of 円2,001.81 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 1,400 Consumer Packaged Goods companies, Pietro Co ranks worse than 63.43% on this metric.

As of today (2026-08-13), Pietro Co's current share price is 円1755.00. Pietro Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円956.77. Pietro Co's Cyclically Adjusted PB Ratio for today is 1.83.

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

TSE:2818' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.77   Med: 2.2   Max: 2.74
Current: 1.84

During the past years, Pietro Co's highest Cyclically Adjusted PB Ratio was 2.74. The lowest was 1.77. And the median was 2.20.

TSE:2818's Cyclically Adjusted PB Ratio is ranked worse than
63.43% of 1400 companies
in the Consumer Packaged Goods industry
Industry Median: 1.26 vs TSE:2818: 1.84

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.

Pietro Co's adjusted book value per share data for the three months ended in Mar. 2026 was 円896.464. 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956.77 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Pietro Co  (TSE:2818) 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.


Pietro Co Cyclically Adjusted PB Ratio Related Terms


Pietro Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Pietro 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.

Pietro Co Cyclically Adjusted PB Ratio Chart

Pietro 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 2.25 2.19 2.05 1.87 1.81

Pietro 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 1.87 1.85 1.85 1.83 1.81

TSE:2818 vs KHC, GIS: Cyclically Adjusted PB Ratio Comparison

For the Packaged Foods subindustry, Pietro 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.


Pietro Co Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

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

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


TSE:2818
55GF Score
Pietro Co Ltd TSE:2818
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Pietro 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1755.00/956.77
=1.83

* 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.

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

For example, Pietro 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)
=896.464/112.7000*112.7000
=896.464

Current CPI (Mar. 2026) = 112.7000.

Pietro Co Quarterly Data

Book Value per Share CPI Adj_Book
201512 666.557 98.100 765.759
201603 682.026 97.900 785.131
201606 835.448 98.100 959.786
201609 804.146 98.000 924.768
201612 801.911 98.400 918.449
201703 845.062 98.100 970.831
201706 836.004 98.500 956.524
201709 849.679 98.800 969.219
201712 857.573 99.400 972.319
201803 846.378 99.200 961.560
201806 848.644 99.200 964.135
201809 870.743 99.900 982.310
201812 874.380 99.700 988.391
201903 875.740 99.700 989.929
201906 867.796 99.800 979.966
201909 873.544 100.100 983.501
201912 883.376 100.500 990.612
202003 887.392 100.300 997.099
202006 872.853 99.900 984.690
202009 889.751 99.900 1,003.753
202012 908.653 99.300 1,031.271
202103 925.125 99.900 1,043.660
202106 912.254 99.500 1,033.277
202109 933.772 100.100 1,051.310
202112 916.687 100.100 1,032.074
202203 915.660 101.100 1,020.721
202206 889.890 101.800 985.173
202209 890.495 103.100 973.412
202212 882.370 104.100 955.265
202303 834.513 104.400 900.858
202306 811.324 105.200 869.166
202309 831.518 106.200 882.411
202312 921.359 106.800 972.258
202403 933.715 107.200 981.620
202409 919.688 108.900 951.780
202503 920.544 111.100 933.801
202506 905.132 111.700 913.235
202509 891.537 112.000 897.109
202512 899.437 113.000 897.049
202603 896.464 112.700 896.464

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 1.83 mean?
Pietro Co (TSE:2818) has a Cyclically Adjusted PB Ratio of 1.83 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 Pietro Co and its competitors. This is 17% below median its historical median of 2.20. Over the past decade, Pietro Co's Cyclically Adjusted PB Ratio has ranged from 1.77 to 2.74. According to the industry distribution chart, Pietro Co ranks #888 out of 1400 companies in the Consumer Packaged Goods industry, placing it in the top 63.4%.
Is Pietro Co's Cyclically Adjusted PB Ratio too high?
Pietro Co's current Cyclically Adjusted PB Ratio of 1.83 is 17% below median its 10-year median of 2.20. Over the past 10 years, this metric has ranged from a low of 1.77 to a high of 2.74. The Consumer Packaged Goods industry median Cyclically Adjusted PB Ratio is 1.26. Pietro Co's value of 1.83 is 45.2% above this industry median. Based on the distribution chart, Pietro Co ranks #888 out of 1400 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Pietro Co has a GF Score™ of 55/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Pietro Co's Cyclically Adjusted PB Ratio compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Pietro Co ranks #888 out of 1400 companies for Cyclically Adjusted PB Ratio. This places Pietro Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.26. Pietro Co's value of 1.83 is 45.2% above this benchmark. Historically, Pietro Co's own Cyclically Adjusted PB Ratio has ranged from 1.77 to 2.74 over the past decade. While the company's 10-year median is 2.20 vs. the industry median of 1.26, Pietro Co 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 1,400 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. Pietro Co's current Cyclically Adjusted PB Ratio of 1.83 is 45.2% 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 Pietro 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. Pietro Co's current Cyclically Adjusted PB Ratio is 1.83, which is 17% below median its own 10-year median of 2.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pietro Co stock overvalued right now?
Based on GuruFocus' analysis, Pietro Co (TSE:2818) is currently considered Modestly Undervalued. The stock's GF Value™ is 円2,001.81, compared to a current price of 円1,755.00 — trading 12.3% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.83, which is 17% below median its 10-year median of 2.20 and 45.2% above the Consumer Packaged Goods industry median of 1.26. Pietro Co's overall GF Score™ is 55/100 with 7 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 Pietro Co (TSE:2818), the current Cyclically Adjusted PB Ratio is 1.83 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 Pietro Co (TSE:2818) Overvalued in 2026?

Based on GuruFocus' analysis, Pietro Co stock appears to be undervalued. The current stock price of 円1,755.00 is trading 12.3% below its estimated GF Value™ of 円2,001.81. GuruFocus considers Pietro Co to be Modestly Undervalued.

Key valuation signals for TSE:2818:

  • Cyclically Adjusted PB Ratio: 1.83 (17% below median its 10-year median of 2.20)
  • GF Value™: 円2,001.81 vs. price of 円1,755.00 (12.3% below fair value)
  • GF Score™: 55/100 with 7 warning signs
  • Industry Position: 45.2% above the Consumer Packaged Goods median (#888 of 1400)

No single metric tells the full story. See the TSE:2818 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Pietro Co Business Description

Address 3-4-5 Tenjin, Chuo-ku, Fukuoka, JPN, 810-0001
Pietro Co Ltd is a Japan-based company mainly engaged in the food business. It operates in three divisions including Food business manufactures and sales dressings, sauces, restaurant business manages fast food restaurants with pasta dishes as the main items, and Other business is engaged in the leasing of the headquarters building. Products offered by the company include frozen goods, soup, pasta sauce, garlic oil, raw sauce, among others. It sells its food through restaurants spread throughout Japan.
55GF Score

Get the complete analysis for TSE:2818

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

円1,755.00
Price
円2,001.81
GF Value