Hagoromo Foods (TSE:2831) Cyclically Adjusted PB Ratio: 0.96 (As of Aug. 12, 2026) — Near Median

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TSE:2831 Hagoromo Foods Corp TSE:2831
65 GF Score
Price 円3,615.00
GF Value 円3,319.38
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Hagoromo Foods Cyclically Adjusted PB Ratio?

Hagoromo Foods TSE:2831 -0.69% 65 Cyclically Adjusted PB Ratio is 0.96 as of Aug. 12, 2026, which is 8% below its 10-year median of 1.04. GuruFocus rates TSE:2831 with a GF Score™ of 65/100 and a GF Value™ of 円3,319.38 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,403 Consumer Packaged Goods companies, Hagoromo Foods ranks better than 60.44% on this metric.

As of today (2026-08-12), Hagoromo Foods's current share price is 円3615.00. Hagoromo Foods's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円3,778.99. Hagoromo Foods's Cyclically Adjusted PB Ratio for today is 0.96.

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

TSE:2831' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.88   Med: 1.04   Max: 1.27
Current: 0.96

During the past years, Hagoromo Foods's highest Cyclically Adjusted PB Ratio was 1.27. The lowest was 0.88. And the median was 1.04.

TSE:2831's Cyclically Adjusted PB Ratio is ranked better than
60.44% of 1403 companies
in the Consumer Packaged Goods industry
Industry Median: 1.26 vs TSE:2831: 0.96

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.

Hagoromo Foods's adjusted book value per share data for the three months ended in Mar. 2026 was 円5,277.277. 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3,778.99 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hagoromo Foods  (TSE:2831) 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.


Hagoromo Foods Cyclically Adjusted PB Ratio Related Terms


Hagoromo Foods Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Hagoromo Foods'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.

Hagoromo Foods Cyclically Adjusted PB Ratio Chart

Hagoromo Foods 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 1.11 1.00 1.01 0.92 0.92

Hagoromo Foods 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 0.92 0.90 0.91 0.89 0.92

TSE:2831 vs KHC, GIS: Cyclically Adjusted PB Ratio Comparison

For the Packaged Foods subindustry, Hagoromo Foods'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.


Hagoromo Foods Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

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

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


TSE:2831
65GF Score
Hagoromo Foods Corp TSE:2831
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hagoromo Foods 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.

Hagoromo Foods's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3615.00/3778.99
=0.96

* 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.

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

For example, Hagoromo Foods'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)
=5277.277/112.7000*112.7000
=5,277.277

Current CPI (Mar. 2026) = 112.7000.

Hagoromo Foods Quarterly Data

Book Value per Share CPI Adj_Book
201603 2,416.384 97.900 2,781.680
201606 2,443.834 98.100 2,807.544
201609 2,541.127 98.000 2,922.296
201612 2,690.987 98.400 3,082.055
201703 2,652.902 98.100 3,047.727
201706 2,725.458 98.500 3,118.367
201709 2,814.233 98.800 3,210.163
201712 2,930.266 99.400 3,322.344
201803 2,834.610 99.200 3,220.368
201806 2,877.410 99.200 3,268.993
201809 2,956.187 99.900 3,334.958
201812 2,912.923 99.700 3,292.742
201903 2,881.378 99.700 3,257.084
201906 2,900.839 99.800 3,275.797
201909 2,968.084 100.100 3,341.689
201912 3,064.237 100.500 3,436.214
202003 3,029.783 100.300 3,404.352
202006 3,120.851 99.900 3,520.720
202009 3,261.863 99.900 3,679.799
202012 3,316.738 99.300 3,764.314
202103 3,446.564 99.900 3,888.166
202106 3,520.230 99.500 3,987.235
202109 3,635.869 100.100 4,093.531
202112 3,649.795 100.100 4,109.210
202203 3,711.698 101.100 4,137.570
202206 3,702.313 101.800 4,098.730
202209 3,693.510 103.100 4,037.426
202212 3,704.481 104.100 4,010.519
202303 3,612.703 104.400 3,899.920
202306 3,795.791 105.200 4,066.403
202309 3,941.879 106.200 4,183.143
202312 3,978.825 106.800 4,198.629
202403 4,171.571 107.200 4,385.597
202406 4,292.914 108.200 4,471.455
202409 4,264.802 108.900 4,413.620
202503 4,397.596 111.100 4,460.928
202506 4,513.142 111.700 4,553.546
202509 4,772.707 112.000 4,802.536
202512 5,008.240 113.000 4,994.944
202603 5,277.277 112.700 5,277.277

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 0.96 mean?
Hagoromo Foods (TSE:2831) has a Cyclically Adjusted PB Ratio of 0.96 as of Aug. 12, 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 Hagoromo Foods and its competitors. This is near median its historical median of 1.04. Over the past decade, Hagoromo Foods' Cyclically Adjusted PB Ratio has ranged from 0.88 to 1.27. According to the industry distribution chart, Hagoromo Foods ranks #555 out of 1403 companies in the Consumer Packaged Goods industry, placing it in the top 39.6%.
Is Hagoromo Foods' Cyclically Adjusted PB Ratio too high?
Hagoromo Foods' current Cyclically Adjusted PB Ratio of 0.96 is near median its 10-year median of 1.04. Over the past 10 years, this metric has ranged from a low of 0.88 to a high of 1.27. The Consumer Packaged Goods industry median Cyclically Adjusted PB Ratio is 1.26. Hagoromo Foods' value of 0.96 is 23.8% below this industry median. Based on the distribution chart, Hagoromo Foods ranks #555 out of 1403 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Hagoromo Foods has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hagoromo Foods' Cyclically Adjusted PB Ratio compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Hagoromo Foods ranks #555 out of 1403 companies for Cyclically Adjusted PB Ratio. This puts Hagoromo Foods in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.26. Hagoromo Foods' value of 0.96 is 23.8% below this benchmark. Historically, Hagoromo Foods' own Cyclically Adjusted PB Ratio has ranged from 0.88 to 1.27 over the past decade. While the company's 10-year median is 1.04 vs. the industry median of 1.26, Hagoromo Foods 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 1,403 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. Hagoromo Foods's current Cyclically Adjusted PB Ratio of 0.96 is 23.8% 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 Hagoromo Foods 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. Hagoromo Foods's current Cyclically Adjusted PB Ratio is 0.96, which is near median its own 10-year median of 1.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hagoromo Foods stock overvalued right now?
Based on GuruFocus' analysis, Hagoromo Foods (TSE:2831) is currently considered Fairly Valued. The stock's GF Value™ is 円3,319.38, compared to a current price of 円3,615.00 — trading 8.9% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.96, which is near median its 10-year median of 1.04 and 23.8% below the Consumer Packaged Goods industry median of 1.26. Hagoromo Foods' overall GF Score™ is 65/100 with 4 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 Hagoromo Foods (TSE:2831), the current Cyclically Adjusted PB Ratio is 0.96 as of Aug. 12, 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 Hagoromo Foods (TSE:2831) Overvalued in 2026?

Based on GuruFocus' analysis, Hagoromo Foods stock appears to be overvalued. The current stock price of 円3,615.00 is trading 8.9% above its estimated GF Value™ of 円3,319.38. GuruFocus considers Hagoromo Foods to be Fairly Valued.

Key valuation signals for TSE:2831:

  • Cyclically Adjusted PB Ratio: 0.96 (near median its 10-year median of 1.04)
  • GF Value™: 円3,319.38 vs. price of 円3,615.00 (8.9% above fair value)
  • GF Score™: 65/100 with 4 warning signs
  • Industry Position: 23.8% below the Consumer Packaged Goods median (#555 of 1403)

No single metric tells the full story. See the TSE:2831 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hagoromo Foods Business Description

Address 11-1 Minamimachi, Suruga-ku, 3rd floor, Shizuoka Station South Building, Shizuoka Prefecture, Shizuoka, JPN
Hagoromo Foods Corp manufactures and sells a wide range of canned products including pasta, shrimp, corn, pasta, shavings, laver, sprinkling, and packaged rice.
65GF Score

Get the complete analysis for TSE:2831

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

円3,615.00
Price
円3,319.38
GF Value