Yamami Co (TSE:2820) Cyclically Adjusted PB Ratio: (As of Aug. 11, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
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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.
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Charlie Tian
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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:2820 Yamami Co TSE:2820
80 GF Score
Price 円5,220.00
GF Value 円4,695.02
Valuation Modestly Overvalued
! 2 Warning Signs
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What is Yamami Co Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Yamami Co  (TSE:2820) 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.


Yamami Co Cyclically Adjusted PB Ratio Related Terms


Yamami Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Yamami 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.

Yamami Co Cyclically Adjusted PB Ratio Chart

Yamami Co Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 3.51 4.51

Yamami Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24 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 0.00 4.51 0.00 0.00 0.00

TSE:2820 vs KHC, GIS: Cyclically Adjusted PB Ratio Comparison

For the Packaged Foods subindustry, Yamami 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.


Yamami Co Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

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

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


TSE:2820
80GF Score
Yamami Co TSE:2820
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Yamami 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.

Yamami Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 is calculated as:

For example, Yamami Co's adjusted Book Value per Share data for the three months ended in Dec. 2025 was:

Adj_Book=Book Value per Share/CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=1589.15/113.0000*113.0000
=1,589.150

Current CPI (Dec. 2025) = 113.0000.

Yamami Co Quarterly Data

Book Value per Share CPI Adj_Book
0.000 0.000
201506 267.772 98.400 307.502
201606 568.605 98.100 654.968
201609 572.537 98.000 660.170
201612 602.756 98.400 692.189
201703 621.140 98.100 715.482
201706 643.410 98.500 738.125
201709 651.027 98.800 744.596
201712 683.915 99.400 777.489
201803 694.363 99.200 790.958
201806 726.435 99.200 827.491
201809 884.582 99.900 1,000.578
201812 857.769 99.700 972.196
201903 869.225 99.700 985.180
201906 893.870 99.800 1,012.097
201909 885.786 100.100 999.938
201912 907.141 100.500 1,019.969
202003 907.073 100.300 1,021.927
202006 989.551 99.900 1,119.312
202009 987.486 99.900 1,116.976
202012 1,016.881 99.300 1,157.176
202103 1,022.965 99.900 1,157.108
202106 1,041.004 99.500 1,182.246
202109 1,045.908 100.100 1,180.695
202112 1,082.967 100.100 1,222.530
202203 1,090.182 101.100 1,218.502
202206 1,103.109 101.800 1,224.473
202209 1,103.744 103.100 1,209.729
202212 1,139.267 104.100 1,236.668
202303 1,164.898 104.400 1,260.857
202306 1,189.841 105.200 1,278.061
202309 1,216.213 106.200 1,294.087
202312 1,300.127 106.800 1,375.603
202403 1,335.131 107.200 1,407.368
202406 1,364.815 108.200 1,425.361
202412 1,398.164 110.700 1,427.213
202503 1,458.063 111.100 1,482.998
202506 1,497.400 111.700 1,514.827
202509 1,501.588 112.000 1,514.995
202512 1,589.150 113.000 1,589.150

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.

Is Yamami Co (TSE:2820) Overvalued in 2026?

Based on GuruFocus' analysis, Yamami Co stock appears to be overvalued. The current stock price of 円5,220.00 is trading 11.2% above its estimated GF Value™ of 円4,695.02. GuruFocus considers Yamami Co to be Modestly Overvalued.

Key valuation signals for TSE:2820:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: 円4,695.02 vs. price of 円5,220.00 (11.2% above fair value)
  • GF Score™: 80/100 with 2 warning signs

No single metric tells the full story. See the TSE:2820 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Yamami Co Business Description

Address 73-5 Sodekake, Obara, Numata Nishimachi, Hiroshima Prefecture, Mihara, JPN, 990-0473
Yamami Co is engaged in the manufacture and sale of soy products, including tofu, atsuage and aburaage in Japan. Its product includes deep-fried tofu, silk tofu, filled tofu, ottoro tofu and cotton tofu, as well as processed marine food, such as fried fish balls.
80GF Score

Get the complete analysis for TSE:2820

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

円5,220.00
Price
円4,695.02
GF Value