General Oyster (TSE:3224) Cyclically Adjusted PB Ratio: 4.26 (As of Aug. 12, 2026) — Near Median

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TSE:3224 General Oyster Inc TSE:3224
40 GF Score
Price 円699.00
GF Value 円919.28
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is General Oyster Cyclically Adjusted PB Ratio?

General Oyster TSE:3224 +0.58% 40 Cyclically Adjusted PB Ratio is 4.26 as of Aug. 12, 2026, which is 6% below its 10-year median of 4.52. GuruFocus rates TSE:3224 with a GF Score™ of 40/100 and a GF Value™ of 円919.28 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 254 Restaurants companies, General Oyster ranks worse than 80.71% on this metric.

As of today (2026-08-12), General Oyster's current share price is 円699.00. General Oyster's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円164.02. General Oyster's Cyclically Adjusted PB Ratio for today is 4.26.

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

TSE:3224' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.56   Med: 4.52   Max: 7.72
Current: 4.24

During the past years, General Oyster's highest Cyclically Adjusted PB Ratio was 7.72. The lowest was 3.56. And the median was 4.52.

TSE:3224's Cyclically Adjusted PB Ratio is ranked worse than
80.71% of 254 companies
in the Restaurants industry
Industry Median: 1.8 vs TSE:3224: 4.24

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.

General Oyster's adjusted book value per share data for the three months ended in Mar. 2026 was 円290.120. 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164.02 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


General Oyster  (TSE:3224) 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.


General Oyster Cyclically Adjusted PB Ratio Related Terms


General Oyster Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for General Oyster'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.

General Oyster Cyclically Adjusted PB Ratio Chart

General Oyster 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 0.00 0.00 0.00 4.11 4.58

General Oyster 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 4.11 3.56 3.62 4.97 4.58

TSE:3224 vs MCD, SBUX, YUM: Cyclically Adjusted PB Ratio Comparison

For the Restaurants subindustry, General Oyster'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.


General Oyster Cyclically Adjusted PB Ratio vs Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, General Oyster's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TSE:3224
40GF Score
General Oyster Inc TSE:3224
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

General Oyster 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.

General Oyster's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=699.00/164.02
=4.26

* 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.

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

For example, General Oyster'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)
=290.12/112.7000*112.7000
=290.120

Current CPI (Mar. 2026) = 112.7000.

General Oyster Quarterly Data

Book Value per Share CPI Adj_Book
201603 445.346 97.900 512.671
201606 334.554 98.100 384.345
201609 124.248 98.000 142.885
201612 72.741 98.400 83.312
201703 -11.762 98.100 -13.513
201706 -69.029 98.500 -78.980
201709 -98.821 98.800 -112.724
201712 -60.208 99.400 -68.264
201803 182.140 99.200 206.927
201806 164.910 99.200 187.352
201809 135.410 99.900 152.760
201812 170.214 99.700 192.408
201903 86.162 99.700 97.397
201906 63.375 99.800 71.567
201909 45.262 100.100 50.959
201912 87.086 100.500 97.658
202003 80.719 100.300 90.698
202006 11.164 99.900 12.594
202009 26.753 99.900 30.181
202012 53.387 99.300 60.591
202103 -45.112 99.900 -50.892
202106 38.127 99.500 43.185
202109 58.144 100.100 65.463
202112 101.444 100.100 114.213
202203 221.171 101.100 246.548
202206 218.071 101.800 241.420
202209 213.229 103.100 233.083
202212 244.786 104.100 265.008
202303 255.874 104.400 276.216
202306 256.554 105.200 274.844
202309 252.538 106.200 267.995
202312 270.808 106.800 285.768
202403 232.410 107.200 244.334
202406 223.082 108.200 232.360
202409 226.464 108.900 234.366
202503 295.673 111.100 299.931
202506 280.784 111.700 283.298
202509 290.757 112.000 292.574
202512 320.878 113.000 320.026
202603 290.120 112.700 290.120

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 4.26 mean?
General Oyster (TSE:3224) has a Cyclically Adjusted PB Ratio of 4.26 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 General Oyster and its competitors. This is near median its historical median of 4.52. Over the past decade, General Oyster's Cyclically Adjusted PB Ratio has ranged from 3.56 to 7.72. According to the industry distribution chart, General Oyster ranks #205 out of 254 companies in the Restaurants industry, placing it in the top 80.7%.
Is General Oyster's Cyclically Adjusted PB Ratio too high?
General Oyster's current Cyclically Adjusted PB Ratio of 4.26 is near median its 10-year median of 4.52. Over the past 10 years, this metric has ranged from a low of 3.56 to a high of 7.72. The Restaurants industry median Cyclically Adjusted PB Ratio is 1.80. General Oyster's value of 4.26 is 136.7% above this industry median. Based on the distribution chart, General Oyster ranks #205 out of 254 companies in the Restaurants industry, which is in the bottom quartile relative to peers. Overall, General Oyster has a GF Score™ of 40/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does General Oyster's Cyclically Adjusted PB Ratio compare to MCD and SBUX?
According to the Restaurants industry distribution chart, General Oyster ranks #205 out of 254 companies for Cyclically Adjusted PB Ratio. This places General Oyster in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.80. General Oyster's value of 4.26 is 136.7% above this benchmark. Historically, General Oyster's own Cyclically Adjusted PB Ratio has ranged from 3.56 to 7.72 over the past decade. While the company's 10-year median is 4.52 vs. the industry median of 1.80, General Oyster 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 Restaurants company?
The median Cyclically Adjusted PB Ratio among Restaurants companies is 1.80, based on 254 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. General Oyster's current Cyclically Adjusted PB Ratio of 4.26 is 136.7% 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 General Oyster and its competitors. For the Restaurants industry, the median Cyclically Adjusted PB Ratio is 1.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. General Oyster's current Cyclically Adjusted PB Ratio is 4.26, which is near median its own 10-year median of 4.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is General Oyster stock overvalued right now?
Based on GuruFocus' analysis, General Oyster (TSE:3224) is currently considered Modestly Undervalued. The stock's GF Value™ is 円919.28, compared to a current price of 円699.00 — trading 24% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 4.26, which is near median its 10-year median of 4.52 and 136.7% above the Restaurants industry median of 1.80. General Oyster's overall GF Score™ is 40/100 with 6 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 General Oyster (TSE:3224), the current Cyclically Adjusted PB Ratio is 4.26 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 General Oyster (TSE:3224) Overvalued in 2026?

Based on GuruFocus' analysis, General Oyster stock appears to be undervalued. The current stock price of 円699.00 is trading 24% below its estimated GF Value™ of 円919.28. GuruFocus considers General Oyster to be Modestly Undervalued.

Key valuation signals for TSE:3224:

  • Cyclically Adjusted PB Ratio: 4.26 (near median its 10-year median of 4.52)
  • GF Value™: 円919.28 vs. price of 円699.00 (24% below fair value)
  • GF Score™: 40/100 with 6 warning signs
  • Industry Position: 136.7% above the Restaurants median (#205 of 254)

No single metric tells the full story. See the TSE:3224 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


General Oyster Business Description

Address 2-13-13 Nihonbashi Kayabacho Building, 7th Floor, JRE Kayabacho 2-chome Building, Chuo-ku, Tokyo, JPN, 103-0025
General Oyster Inc is a Japan-based company engaged in the directly operated stores business and the oyster wholesale business. The group's reportable segments are Store business; Wholesale business; Processing business; Processing business; and Renewable Energy business. It generates the majority of its revenue from the Store business, which consists of directly managed stores and Toyama lyuzen Village stores.
40GF Score

Get the complete analysis for TSE:3224

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

円699.00
Price
円919.28
GF Value