Flying Garden Co (TSE:3317) Cyclically Adjusted PB Ratio: 1.75 (As of Aug. 11, 2026) — 35% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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:3317 Flying Garden Co Ltd TSE:3317
71 GF Score
Price 円1,461.00
GF Value 円1,571.30
Valuation Fairly Valued
! 1 Warning Sign
View Full Analysis

What is Flying Garden Co Cyclically Adjusted PB Ratio?

Flying Garden Co TSE:3317 +0.07% 71 Cyclically Adjusted PB Ratio is 1.75 as of Aug. 11, 2026, which is 35% above its 10-year median of 1.30. GuruFocus rates TSE:3317 with a GF Score™ of 71/100 and a GF Value™ of 円1,571.30 (Fairly Valued). The stock has 1 warning sign investors should review. Among 254 Restaurants companies, Flying Garden Co ranks better than 50.79% on this metric.

As of today (2026-08-11), Flying Garden Co's current share price is 円1461.00. Flying Garden Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円834.54. Flying Garden Co's Cyclically Adjusted PB Ratio for today is 1.75.

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

TSE:3317' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.6   Med: 1.3   Max: 3.19
Current: 1.75

During the past years, Flying Garden Co's highest Cyclically Adjusted PB Ratio was 3.19. The lowest was 0.60. And the median was 1.30.

TSE:3317's Cyclically Adjusted PB Ratio is ranked better than
50.79% of 254 companies
in the Restaurants industry
Industry Median: 1.78 vs TSE:3317: 1.75

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.

Flying Garden Co's adjusted book value per share data for the three months ended in Mar. 2026 was 円1,270.024. 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834.54 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Flying Garden Co  (TSE:3317) 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.


Flying Garden Co Cyclically Adjusted PB Ratio Related Terms


Flying Garden Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Flying Garden 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.

Flying Garden Co Cyclically Adjusted PB Ratio Chart

Flying Garden Co 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 1.52 1.58 2.15 1.74 1.85

Flying Garden Co 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 1.74 1.61 1.89 1.93 1.85

TSE:3317 vs MCD, SBUX, YUM: Cyclically Adjusted PB Ratio Comparison

For the Restaurants subindustry, Flying Garden 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.


Flying Garden Co Cyclically Adjusted PB Ratio vs Restaurants Industry

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

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


TSE:3317
71GF Score
Flying Garden Co Ltd TSE:3317
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Flying Garden 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.

Flying Garden Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1461.00/834.54
=1.75

* 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.

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

For example, Flying Garden Co'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)
=1270.024/112.7000*112.7000
=1,270.024

Current CPI (Mar. 2026) = 112.7000.

Flying Garden Co Quarterly Data

Book Value per Share CPI Adj_Book
201603 429.973 97.900 494.974
201606 421.767 98.100 484.538
201609 443.011 98.000 509.463
201612 459.390 98.400 526.151
201703 480.104 98.100 551.557
201706 500.183 98.500 572.291
201709 540.866 98.800 616.959
201712 548.747 99.400 622.171
201803 574.975 99.200 653.223
201806 575.083 99.200 653.345
201809 607.361 99.900 685.181
201812 611.704 99.700 691.465
201903 655.287 99.700 740.731
201906 650.195 99.800 734.238
201909 664.530 100.100 748.177
201912 664.103 100.500 744.720
202003 672.058 100.300 755.144
202006 604.524 99.900 681.981
202009 620.086 99.900 699.536
202012 690.433 99.300 783.603
202103 700.703 99.900 790.483
202106 728.802 99.500 825.487
202109 744.813 100.100 838.566
202112 824.330 100.100 928.092
202203 810.319 101.100 903.293
202206 849.215 101.800 940.143
202209 871.645 103.100 952.807
202212 900.317 104.100 974.695
202303 896.258 104.400 967.512
202306 933.275 105.200 999.811
202309 975.976 106.200 1,035.711
202312 1,005.067 106.800 1,060.590
202403 1,020.887 107.200 1,073.265
202406 1,027.744 108.200 1,070.488
202409 1,062.054 108.900 1,099.114
202503 1,127.733 111.100 1,143.974
202506 1,140.472 111.700 1,150.682
202509 1,185.061 112.000 1,192.468
202512 1,218.160 113.000 1,214.926
202603 1,270.024 112.700 1,270.024

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 1.75 mean?
Flying Garden Co (TSE:3317) has a Cyclically Adjusted PB Ratio of 1.75 as of Aug. 11, 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 Flying Garden Co and its competitors. This is 35% above median its historical median of 1.30. Over the past decade, Flying Garden Co's Cyclically Adjusted PB Ratio has ranged from 0.60 to 3.19. According to the industry distribution chart, Flying Garden Co ranks #125 out of 254 companies in the Restaurants industry, placing it in the top 49.2%.
Is Flying Garden Co's Cyclically Adjusted PB Ratio too high?
Flying Garden Co's current Cyclically Adjusted PB Ratio of 1.75 is 35% above median its 10-year median of 1.30. Over the past 10 years, this metric has ranged from a low of 0.60 to a high of 3.19. The Restaurants industry median Cyclically Adjusted PB Ratio is 1.78. Flying Garden Co's value of 1.75 is 1.7% below this industry median. Based on the distribution chart, Flying Garden Co ranks #125 out of 254 companies in the Restaurants industry, which is above the industry midpoint. Overall, Flying Garden Co has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Flying Garden Co's Cyclically Adjusted PB Ratio compare to MCD and SBUX?
According to the Restaurants industry distribution chart, Flying Garden Co ranks #125 out of 254 companies for Cyclically Adjusted PB Ratio. This puts Flying Garden Co in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.78. Flying Garden Co's value of 1.75 is 1.7% below this benchmark. Historically, Flying Garden Co's own Cyclically Adjusted PB Ratio has ranged from 0.60 to 3.19 over the past decade. While the company's 10-year median is 1.30 vs. the industry median of 1.78, Flying Garden Co 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 Restaurants company?
The median Cyclically Adjusted PB Ratio among Restaurants companies is 1.78, 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. Flying Garden Co's current Cyclically Adjusted PB Ratio of 1.75 is 1.7% 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 Flying Garden Co and its competitors. For the Restaurants industry, the median Cyclically Adjusted PB Ratio is 1.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Flying Garden Co's current Cyclically Adjusted PB Ratio is 1.75, which is 35% above median its own 10-year median of 1.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Flying Garden Co stock overvalued right now?
Based on GuruFocus' analysis, Flying Garden Co (TSE:3317) is currently considered Fairly Valued. The stock's GF Value™ is 円1,571.30, compared to a current price of 円1,461.00 — trading 7% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.75, which is 35% above median its 10-year median of 1.30 and 1.7% below the Restaurants industry median of 1.78. Flying Garden Co's overall GF Score™ is 71/100 with 1 warning sign 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 Flying Garden Co (TSE:3317), the current Cyclically Adjusted PB Ratio is 1.75 as of Aug. 11, 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 Flying Garden Co (TSE:3317) Overvalued in 2026?

Based on GuruFocus' analysis, Flying Garden Co stock appears to be undervalued. The current stock price of 円1,461.00 is trading 7% below its estimated GF Value™ of 円1,571.30. GuruFocus considers Flying Garden Co to be Fairly Valued.

Key valuation signals for TSE:3317:

  • Cyclically Adjusted PB Ratio: 1.75 (35% above median its 10-year median of 1.30)
  • GF Value™: 円1,571.30 vs. price of 円1,461.00 (7% below fair value)
  • GF Score™: 71/100 with 1 warning sign
  • Industry Position: 1.7% below the Restaurants median (#125 of 254)

No single metric tells the full story. See the TSE:3317 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Flying Garden Co Business Description

Address 3-4-18 Hongo-cho, Tochigi, Oyama-shi, JPN, 323 0026
Flying Garden Co Ltd operates a restaurant chain business in Japan.
71GF Score

Get the complete analysis for TSE:3317

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

円1,461.00
Price
円1,571.30
GF Value