Delica Foods Holdings Co (TSE:3392) Cyclically Adjusted PB Ratio: (As of Sep. 22, 2026)

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Director of Data and Quant Analytics at GuruFocus
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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:3392 Delica Foods Holdings Co Ltd TSE:3392
77 GF Score
Price 円793.00
GF Value 円713.89
Valuation Modestly Overvalued
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What is Delica Foods Holdings Co Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Delica Foods Holdings Co  (TSE:3392) 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.


Delica Foods Holdings Co Cyclically Adjusted PB Ratio Related Terms


Delica Foods Holdings Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Delica Foods Holdings 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.

Delica Foods Holdings Co Cyclically Adjusted PB Ratio Chart

Delica Foods Holdings 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 1.13 1.10 1.14 0.92 1.58

Delica Foods Holdings Co 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 1.10 1.74 1.55 1.61 1.47

TSE:3392 vs KHC, GIS: Cyclically Adjusted PB Ratio Comparison

For the Packaged Foods subindustry, Delica Foods Holdings 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.


Delica Foods Holdings Co Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

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

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


TSE:3392
77GF Score
Delica Foods Holdings Co Ltd TSE:3392
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Delica Foods Holdings 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.

Delica Foods Holdings Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Delica Foods Holdings Co's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=642.393/113.6000*113.6000
=642.393

Current CPI (Jun. 2026) = 113.6000.

Delica Foods Holdings Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 468.957 98.000 543.607
201612 479.292 98.400 553.329
201703 482.809 98.100 559.094
201706 484.567 98.500 558.851
201709 490.740 98.800 564.252
201712 503.727 99.400 575.688
201803 511.408 99.200 585.645
201806 511.317 99.200 585.540
201809 512.796 99.900 583.119
201812 526.356 99.700 599.740
201903 532.139 99.700 606.329
201906 532.435 99.800 606.058
201909 540.346 100.100 613.220
201912 553.607 100.500 625.769
202003 543.804 100.300 615.914
202006 500.654 99.900 569.312
202009 490.076 99.900 557.284
202012 503.121 99.300 575.574
202103 482.061 99.900 548.169
202106 454.802 99.500 519.251
202109 426.459 100.100 483.973
202112 447.296 100.100 507.621
202203 422.460 101.100 474.693
202206 421.180 101.800 470.000
202209 426.644 103.100 470.095
202212 450.197 104.100 491.281
202303 474.149 104.400 515.932
202306 486.136 105.200 524.953
202309 493.521 106.200 527.909
202312 513.314 106.800 545.997
202403 537.426 107.200 569.511
202406 521.890 108.200 547.936
202409 518.592 108.900 540.974
202412 529.471 110.700 543.342
202503 557.322 111.100 569.863
202506 586.687 111.700 596.666
202509 599.732 112.000 608.300
202512 617.696 113.000 620.976
202603 642.328 112.700 647.458
202606 642.393 113.600 642.393

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.

Is Delica Foods Holdings Co (TSE:3392) Overvalued in 2026?

Based on GuruFocus' analysis, Delica Foods Holdings Co stock appears to be overvalued. The current stock price of 円793.00 is trading 11.1% above its estimated GF Value™ of 円713.89. GuruFocus considers Delica Foods Holdings Co to be Modestly Overvalued.

Key valuation signals for TSE:3392:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: 円713.89 vs. price of 円793.00 (11.1% above fair value)
  • GF Score™: 77/100

No single metric tells the full story. See the TSE:3392 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Delica Foods Holdings Co Business Description

Address 12-12 Rokucho 4-chome, Adachi-ku, Tokyo, JPN
Delica Foods Holdings Co Ltd is mainly involved in the fruit and vegetable business, which involves the sale of whole vegetables to the restaurant industry, its activities in the ready-meal industry, and the manufacture and sale of cut vegetables and meal kits. In addition, the company is engaged in the logistics business, and research and development activities in the fruits and vegetables industry. The company along with its subsidiaries operates in the following reportable segments; Fruit and vegetable business which derives maximum revenue, Logistics business, Research and development and analysis business, and the Holding company.
77GF Score

Get the complete analysis for TSE:3392

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

円793.00
Price
円713.89
GF Value