Shinozakiya (TSE:2926) Cyclically Adjusted PB Ratio: 1.36 (As of Aug. 13, 2026) — 26% Above Median

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TSE:2926 Shinozakiya Inc TSE:2926
58 GF Score
Price 円119.00
GF Value 円102.04
Valuation Modestly Overvalued
! 2 Warning Signs
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What is Shinozakiya Cyclically Adjusted PB Ratio?

Shinozakiya TSE:2926 +0.85% 58 Cyclically Adjusted PB Ratio is 1.36 as of Aug. 13, 2026, which is 26% above its 10-year median of 1.08. GuruFocus rates TSE:2926 with a GF Score™ of 58/100 and a GF Value™ of 円102.04 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 1,400 Consumer Packaged Goods companies, Shinozakiya ranks worse than 51.29% on this metric.

As of today (2026-08-13), Shinozakiya's current share price is 円119.00. Shinozakiya's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円87.78. Shinozakiya's Cyclically Adjusted PB Ratio for today is 1.36.

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

TSE:2926' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.69   Med: 1.08   Max: 1.54
Current: 1.34

During the past years, Shinozakiya's highest Cyclically Adjusted PB Ratio was 1.54. The lowest was 0.69. And the median was 1.08.

TSE:2926's Cyclically Adjusted PB Ratio is ranked worse than
51.29% of 1400 companies
in the Consumer Packaged Goods industry
Industry Median: 1.26 vs TSE:2926: 1.34

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.

Shinozakiya's adjusted book value per share data for the three months ended in Mar. 2026 was 円78.771. 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87.78 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shinozakiya  (TSE:2926) 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.


Shinozakiya Cyclically Adjusted PB Ratio Related Terms


Shinozakiya Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Shinozakiya'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.

Shinozakiya Cyclically Adjusted PB Ratio Chart

Shinozakiya Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.28 1.04 1.03 0.92 1.23

Shinozakiya 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 1.09 1.23 1.06 1.11 0.00

TSE:2926 vs KHC, GIS: Cyclically Adjusted PB Ratio Comparison

For the Packaged Foods subindustry, Shinozakiya'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.


Shinozakiya Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

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

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


TSE:2926
58GF Score
Shinozakiya Inc TSE:2926
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shinozakiya 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.

Shinozakiya's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=119.00/87.78
=1.36

* 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.

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

For example, Shinozakiya'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)
=78.771/112.7000*112.7000
=78.771

Current CPI (Mar. 2026) = 112.7000.

Shinozakiya Quarterly Data

Book Value per Share CPI Adj_Book
201606 87.588 98.100 100.624
201609 83.992 98.000 96.591
201612 85.227 98.400 97.613
201703 86.857 98.100 99.784
201706 88.912 98.500 101.730
201709 86.651 98.800 98.842
201712 85.572 99.400 97.022
201803 85.393 99.200 97.014
201806 82.130 99.200 93.307
201809 77.155 99.900 87.041
201812 77.344 99.700 87.429
201903 77.755 99.700 87.894
201906 80.717 99.800 91.150
201909 79.579 100.100 89.596
201912 80.936 100.500 90.761
202003 80.316 100.300 90.245
202006 81.501 99.900 91.944
202009 80.745 99.900 91.091
202012 82.528 99.300 93.665
202103 83.150 99.900 93.804
202106 84.268 99.500 95.447
202109 81.667 100.100 91.947
202112 81.581 100.100 91.850
202203 80.949 101.100 90.237
202206 80.715 101.800 89.357
202209 75.000 103.100 81.984
202212 78.378 104.100 84.853
202303 77.499 104.400 83.660
202306 77.494 105.200 83.019
202309 73.389 106.200 77.881
202312 74.330 106.800 78.436
202403 74.400 107.200 78.217
202406 74.950 108.200 78.067
202409 71.385 108.900 73.876
202412 72.865 110.700 74.181
202503 74.185 111.100 75.253
202506 75.660 111.700 76.337
202509 74.072 112.000 74.535
202512 76.307 113.000 76.104
202603 78.771 112.700 78.771

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 1.36 mean?
Shinozakiya (TSE:2926) has a Cyclically Adjusted PB Ratio of 1.36 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 Shinozakiya and its competitors. This is 26% above median its historical median of 1.08. Over the past decade, Shinozakiya's Cyclically Adjusted PB Ratio has ranged from 0.69 to 1.54. According to the industry distribution chart, Shinozakiya ranks #718 out of 1400 companies in the Consumer Packaged Goods industry, placing it in the top 51.3%.
Is Shinozakiya's Cyclically Adjusted PB Ratio too high?
Shinozakiya's current Cyclically Adjusted PB Ratio of 1.36 is 26% above median its 10-year median of 1.08. Over the past 10 years, this metric has ranged from a low of 0.69 to a high of 1.54. The Consumer Packaged Goods industry median Cyclically Adjusted PB Ratio is 1.26. Shinozakiya's value of 1.36 is 7.9% above this industry median. Based on the distribution chart, Shinozakiya ranks #718 out of 1400 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Shinozakiya has a GF Score™ of 58/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shinozakiya's Cyclically Adjusted PB Ratio compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Shinozakiya ranks #718 out of 1400 companies for Cyclically Adjusted PB Ratio. This places Shinozakiya in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.26. Shinozakiya's value of 1.36 is 7.9% above this benchmark. Historically, Shinozakiya's own Cyclically Adjusted PB Ratio has ranged from 0.69 to 1.54 over the past decade. While the company's 10-year median is 1.08 vs. the industry median of 1.26, Shinozakiya 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. Shinozakiya's current Cyclically Adjusted PB Ratio of 1.36 is 7.9% 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 Shinozakiya 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. Shinozakiya's current Cyclically Adjusted PB Ratio is 1.36, which is 26% above median its own 10-year median of 1.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shinozakiya stock overvalued right now?
Based on GuruFocus' analysis, Shinozakiya (TSE:2926) is currently considered Modestly Overvalued. The stock's GF Value™ is 円102.04, compared to a current price of 円119.00 — trading 16.6% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.36, which is 26% above median its 10-year median of 1.08 and 7.9% above the Consumer Packaged Goods industry median of 1.26. Shinozakiya's overall GF Score™ is 58/100 with 2 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 Shinozakiya (TSE:2926), the current Cyclically Adjusted PB Ratio is 1.36 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 Shinozakiya (TSE:2926) Overvalued in 2026?

Based on GuruFocus' analysis, Shinozakiya stock appears to be overvalued. The current stock price of 円119.00 is trading 16.6% above its estimated GF Value™ of 円102.04. GuruFocus considers Shinozakiya to be Modestly Overvalued.

Key valuation signals for TSE:2926:

  • Cyclically Adjusted PB Ratio: 1.36 (26% above median its 10-year median of 1.08)
  • GF Value™: 円102.04 vs. price of 円119.00 (16.6% above fair value)
  • GF Score™: 58/100 with 2 warning signs
  • Industry Position: 7.9% above the Consumer Packaged Goods median (#718 of 1400)

No single metric tells the full story. See the TSE:2926 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shinozakiya Business Description

Address 1-13-5 Sengendai-Nishi, Koshigaya, Saitama Prefecture, Koshigaya, JPN, 343-0041
Shinozakiya Inc is engaged in the management of retail sales and the manufacturing of soybean processed food. It offers soybean-processed products, such as bean curd and soymilk. The company distributes its products through directly managed stores and franchise stores.
58GF Score

Get the complete analysis for TSE:2926

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

円119.00
Price
円102.04
GF Value