Pharma Foods International Co (TSE:2929) Cyclically Adjusted PB Ratio: 2.51 (As of Aug. 08, 2026) — 59% Below Median

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TSE:2929 Pharma Foods International Co Ltd TSE:2929
69 GF Score
Price 円574.00
GF Value 円1,047.39
Valuation Possible Value Trap
! 5 Warning Signs
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What is Pharma Foods International Co Cyclically Adjusted PB Ratio?

Pharma Foods International Co TSE:2929 +1.06% 69 Cyclically Adjusted PB Ratio is 2.51 as of Aug. 08, 2026, which is 59% below its 10-year median of 6.07. GuruFocus rates TSE:2929 with a GF Score™ of 69/100 and a GF Value™ of 円1,047.39 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 736 Drug Manufacturers companies, Pharma Foods International Co ranks worse than 63.45% on this metric.

As of today (2026-08-08), Pharma Foods International Co's current share price is 円574.00. Pharma Foods International Co's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2026 was 円228.66. Pharma Foods International Co's Cyclically Adjusted PB Ratio for today is 2.51.

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

TSE:2929' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.33   Med: 6.07   Max: 30.96
Current: 2.5

During the past years, Pharma Foods International Co's highest Cyclically Adjusted PB Ratio was 30.96. The lowest was 2.33. And the median was 6.07.

TSE:2929's Cyclically Adjusted PB Ratio is ranked worse than
63.45% of 736 companies
in the Drug Manufacturers industry
Industry Median: 1.75 vs TSE:2929: 2.50

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.

Pharma Foods International Co's adjusted book value per share data for the three months ended in Jan. 2026 was 円336.398. 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228.66 for the trailing ten years ended in Jan. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Pharma Foods International Co  (TSE:2929) 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.


Pharma Foods International Co Cyclically Adjusted PB Ratio Related Terms


Pharma Foods International Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Pharma Foods International 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.

Pharma Foods International Co Cyclically Adjusted PB Ratio Chart

Pharma Foods International Co Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.13 10.01 10.27 5.79 4.09

Pharma Foods International Co Quarterly Data
Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Jul25 Oct25 Jan26 Apr26
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 4.72 4.09 3.57 2.93 0.00

TSE:2929 vs ZTS: Cyclically Adjusted PB Ratio Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Pharma Foods International 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.


Pharma Foods International Co Cyclically Adjusted PB Ratio vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Pharma Foods International Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TSE:2929
69GF Score
Pharma Foods International Co Ltd TSE:2929
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Pharma Foods International 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.

Pharma Foods International Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=574.00/228.66
=2.51

* 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.

Pharma Foods International Co's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2026 is calculated as:

For example, Pharma Foods International Co's adjusted Book Value per Share data for the three months ended in Jan. 2026 was:

Adj_Book=Book Value per Share/CPI of Jan. 2026 (Change)*Current CPI (Jan. 2026)
=336.398/112.9000*112.9000
=336.398

Current CPI (Jan. 2026) = 112.9000.

Pharma Foods International Co Quarterly Data

Book Value per Share CPI Adj_Book
201601 105.563 97.700 121.986
201604 109.997 98.100 126.592
201607 120.338 97.900 138.776
201610 105.617 98.600 120.935
201701 103.556 98.200 119.058
201704 114.364 98.500 131.083
201707 123.497 98.300 141.839
201710 107.590 98.800 122.944
201801 94.107 99.500 106.781
201804 116.644 99.100 132.887
201807 134.083 99.200 152.601
201810 120.878 100.200 136.199
201901 122.959 99.700 139.238
201904 129.043 100.000 145.690
201907 148.625 99.800 168.134
201910 121.730 100.400 136.886
202001 92.282 100.500 103.668
202004 138.448 100.200 155.996
202007 168.888 100.000 190.675
202010 114.831 99.800 129.904
202101 148.698 99.800 168.216
202104 211.752 99.100 241.239
202107 291.205 99.700 329.760
202110 303.471 99.900 342.962
202201 317.612 100.300 357.511
202204 245.011 101.500 272.529
202207 243.617 102.300 268.860
202210 163.829 103.700 178.363
202301 199.792 104.700 215.440
202304 262.472 105.100 281.951
202307 333.853 105.700 356.594
202310 335.829 107.100 354.016
202401 327.800 106.900 346.199
202404 356.797 107.700 374.024
202407 412.689 108.600 429.029
202410 409.321 109.500 422.031
202501 414.536 111.200 420.873
202507 399.903 111.900 403.477
202510 324.869 112.800 325.157
202601 336.398 112.900 336.398

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 2.51 mean?
Pharma Foods International Co (TSE:2929) has a Cyclically Adjusted PB Ratio of 2.51 as of Aug. 08, 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 Pharma Foods International Co and its competitors. This is 59% below median its historical median of 6.07. Over the past decade, Pharma Foods International Co's Cyclically Adjusted PB Ratio has ranged from 2.33 to 30.96. According to the industry distribution chart, Pharma Foods International Co ranks #467 out of 736 companies in the Drug Manufacturers industry, placing it in the top 63.5%.
Is Pharma Foods International Co's Cyclically Adjusted PB Ratio too high?
Pharma Foods International Co's current Cyclically Adjusted PB Ratio of 2.51 is 59% below median its 10-year median of 6.07. Over the past 10 years, this metric has ranged from a low of 2.33 to a high of 30.96. The Drug Manufacturers industry median Cyclically Adjusted PB Ratio is 1.75. Pharma Foods International Co's value of 2.51 is 43.4% above this industry median. Based on the distribution chart, Pharma Foods International Co ranks #467 out of 736 companies in the Drug Manufacturers industry, which is below the industry midpoint. Overall, Pharma Foods International Co has a GF Score™ of 69/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Pharma Foods International Co's Cyclically Adjusted PB Ratio compare to ZTS?
According to the Drug Manufacturers industry distribution chart, Pharma Foods International Co ranks #467 out of 736 companies for Cyclically Adjusted PB Ratio. This places Pharma Foods International Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.75. Pharma Foods International Co's value of 2.51 is 43.4% above this benchmark. Historically, Pharma Foods International Co's own Cyclically Adjusted PB Ratio has ranged from 2.33 to 30.96 over the past decade. While the company's 10-year median is 6.07 vs. the industry median of 1.75, Pharma Foods International 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 Drug Manufacturers company?
The median Cyclically Adjusted PB Ratio among Drug Manufacturers companies is 1.75, based on 736 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. Pharma Foods International Co's current Cyclically Adjusted PB Ratio of 2.51 is 43.4% 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 Pharma Foods International Co and its competitors. For the Drug Manufacturers industry, the median Cyclically Adjusted PB Ratio is 1.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pharma Foods International Co's current Cyclically Adjusted PB Ratio is 2.51, which is 59% below median its own 10-year median of 6.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pharma Foods International Co stock overvalued right now?
Based on GuruFocus' analysis, Pharma Foods International Co (TSE:2929) is currently considered Possible Value Trap. The stock's GF Value™ is 円1,047.39, compared to a current price of 円574.00 — trading 45.2% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.51, which is 59% below median its 10-year median of 6.07 and 43.4% above the Drug Manufacturers industry median of 1.75. Pharma Foods International Co's overall GF Score™ is 69/100 with 5 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 Pharma Foods International Co (TSE:2929), the current Cyclically Adjusted PB Ratio is 2.51 as of Aug. 08, 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 Pharma Foods International Co (TSE:2929) Overvalued in 2026?

Based on GuruFocus' analysis, Pharma Foods International Co stock appears to be undervalued. The current stock price of 円574.00 is trading 45.2% below its estimated GF Value™ of 円1,047.39. GuruFocus considers Pharma Foods International Co to be Possible Value Trap.

Key valuation signals for TSE:2929:

  • Cyclically Adjusted PB Ratio: 2.51 (59% below median its 10-year median of 6.07)
  • GF Value™: 円1,047.39 vs. price of 円574.00 (45.2% below fair value)
  • GF Score™: 69/100 with 5 warning signs
  • Industry Position: 43.4% above the Drug Manufacturers median (#467 of 736)

No single metric tells the full story. See the TSE:2929 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Pharma Foods International Co Business Description

Address 1-49 Ohara Kyoto imperial tomb Saikyo-ku, Kyoto, JPN, 615-8245
Pharma Foods International Co Ltd is engaged in the development and sales of functional food materials.
69GF Score

Get the complete analysis for TSE:2929

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

円574.00
Price
円1,047.39
GF Value