Maruchiyo Yamaokaya (TSE:3399) Cyclically Adjusted PB Ratio: 24.46 (As of Aug. 04, 2026) — 613% Above Median

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TSE:3399 Maruchiyo Yamaokaya Corp TSE:3399
78 GF Score
Price 円3,575.00
GF Value 円2,826.91
Valuation Modestly Overvalued
! 3 Warning Signs
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What is Maruchiyo Yamaokaya Cyclically Adjusted PB Ratio?

Maruchiyo Yamaokaya TSE:3399 -0.83% 78 Cyclically Adjusted PB Ratio is 24.46 as of Aug. 04, 2026, which is 613% above its 10-year median of 3.43. GuruFocus rates TSE:3399 with a GF Score™ of 78/100 and a GF Value™ of 円2,826.91 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 254 Restaurants companies, Maruchiyo Yamaokaya ranks worse than 99.61% on this metric.

As of today (2026-08-04), Maruchiyo Yamaokaya's current share price is 円3575.00. Maruchiyo Yamaokaya's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2026 was 円146.16. Maruchiyo Yamaokaya's Cyclically Adjusted PB Ratio for today is 24.46.

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

TSE:3399' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.22   Med: 3.43   Max: 28.87
Current: 25.14

During the past years, Maruchiyo Yamaokaya's highest Cyclically Adjusted PB Ratio was 28.87. The lowest was 2.22. And the median was 3.43.

TSE:3399's Cyclically Adjusted PB Ratio is ranked worse than
99.61% of 254 companies
in the Restaurants industry
Industry Median: 1.82 vs TSE:3399: 25.14

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.

Maruchiyo Yamaokaya's adjusted book value per share data for the three months ended in Jan. 2026 was 円514.205. 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146.16 for the trailing ten years ended in Jan. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Maruchiyo Yamaokaya  (TSE:3399) 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.


Maruchiyo Yamaokaya Cyclically Adjusted PB Ratio Related Terms


Maruchiyo Yamaokaya Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Maruchiyo Yamaokaya'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.

Maruchiyo Yamaokaya Cyclically Adjusted PB Ratio Chart

Maruchiyo Yamaokaya Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.97 3.47 13.18 16.27 22.51

Maruchiyo Yamaokaya Quarterly Data
Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Jan25 Apr25 Jul25 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 16.27 17.80 23.24 22.51 0.00

TSE:3399 vs MCD, SBUX, YUM: Cyclically Adjusted PB Ratio Comparison

For the Restaurants subindustry, Maruchiyo Yamaokaya'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.


Maruchiyo Yamaokaya Cyclically Adjusted PB Ratio vs Restaurants Industry

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

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


TSE:3399
78GF Score
Maruchiyo Yamaokaya Corp TSE:3399
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Maruchiyo Yamaokaya 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.

Maruchiyo Yamaokaya's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3575.00/146.16
=24.46

* 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.

Maruchiyo Yamaokaya's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2026 is calculated as:

For example, Maruchiyo Yamaokaya'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)
=514.205/112.9000*112.9000
=514.205

Current CPI (Jan. 2026) = 112.9000.

Maruchiyo Yamaokaya Quarterly Data

Book Value per Share CPI Adj_Book
201510 73.386 98.500 84.115
201601 75.447 97.700 87.185
201604 77.038 98.100 88.660
201607 78.286 97.900 90.281
201610 81.337 98.600 93.133
201701 80.276 98.200 92.293
201704 77.984 98.500 89.385
201707 76.467 98.300 87.824
201710 77.977 98.800 89.105
201801 77.631 99.500 88.086
201804 77.834 99.100 88.673
201807 78.332 99.200 89.150
201810 81.947 100.200 92.333
201901 77.098 99.700 87.306
201904 77.752 100.000 87.782
201907 81.036 99.800 91.673
201910 88.174 100.400 99.152
202001 91.840 100.500 103.172
202004 85.610 100.200 96.461
202007 89.104 100.000 100.598
202010 97.591 99.800 110.401
202101 98.855 99.800 111.831
202104 101.741 99.100 115.909
202107 105.606 99.700 119.588
202110 110.852 99.900 125.277
202201 113.952 100.300 128.267
202204 99.396 101.500 110.560
202207 109.015 102.300 120.311
202210 121.411 103.700 132.182
202301 125.657 104.700 135.498
202304 131.023 105.100 140.747
202307 139.966 105.700 149.500
202310 171.690 107.100 180.988
202401 197.238 106.900 208.308
202404 221.941 107.700 232.657
202407 251.146 108.600 261.090
202501 340.137 111.200 345.337
202504 373.040 111.500 377.724
202507 396.001 111.900 399.540
202601 514.205 112.900 514.205

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 24.46 mean?
Maruchiyo Yamaokaya (TSE:3399) has a Cyclically Adjusted PB Ratio of 24.46 as of Aug. 04, 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 Maruchiyo Yamaokaya and its competitors. This is 613% above median its historical median of 3.43. Over the past decade, Maruchiyo Yamaokaya's Cyclically Adjusted PB Ratio has ranged from 2.22 to 28.87. According to the industry distribution chart, Maruchiyo Yamaokaya ranks #253 out of 254 companies in the Restaurants industry, placing it in the top 99.6%.
Is Maruchiyo Yamaokaya's Cyclically Adjusted PB Ratio too high?
Maruchiyo Yamaokaya's current Cyclically Adjusted PB Ratio of 24.46 is 613% above median its 10-year median of 3.43. Over the past 10 years, this metric has ranged from a low of 2.22 to a high of 28.87. The Restaurants industry median Cyclically Adjusted PB Ratio is 1.82. Maruchiyo Yamaokaya's value of 24.46 is 1244% above this industry median. Based on the distribution chart, Maruchiyo Yamaokaya ranks #253 out of 254 companies in the Restaurants industry, which is in the bottom quartile relative to peers. Overall, Maruchiyo Yamaokaya has a GF Score™ of 78/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Maruchiyo Yamaokaya's Cyclically Adjusted PB Ratio compare to MCD and SBUX?
According to the Restaurants industry distribution chart, Maruchiyo Yamaokaya ranks #253 out of 254 companies for Cyclically Adjusted PB Ratio. This places Maruchiyo Yamaokaya in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.82. Maruchiyo Yamaokaya's value of 24.46 is 1244% above this benchmark. Historically, Maruchiyo Yamaokaya's own Cyclically Adjusted PB Ratio has ranged from 2.22 to 28.87 over the past decade. While the company's 10-year median is 3.43 vs. the industry median of 1.82, Maruchiyo Yamaokaya 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 1.82, 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. Maruchiyo Yamaokaya's current Cyclically Adjusted PB Ratio of 24.46 is 1244% 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 Maruchiyo Yamaokaya and its competitors. For the Restaurants industry, the median Cyclically Adjusted PB Ratio is 1.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Maruchiyo Yamaokaya's current Cyclically Adjusted PB Ratio is 24.46, which is 613% above median its own 10-year median of 3.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maruchiyo Yamaokaya stock overvalued right now?
Based on GuruFocus' analysis, Maruchiyo Yamaokaya (TSE:3399) is currently considered Modestly Overvalued. The stock's GF Value™ is 円2,826.91, compared to a current price of 円3,575.00 — trading 26.5% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 24.46, which is 613% above median its 10-year median of 3.43 and 1244% above the Restaurants industry median of 1.82. Maruchiyo Yamaokaya's overall GF Score™ is 78/100 with 3 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 Maruchiyo Yamaokaya (TSE:3399), the current Cyclically Adjusted PB Ratio is 24.46 as of Aug. 04, 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 Maruchiyo Yamaokaya (TSE:3399) Overvalued in 2026?

Based on GuruFocus' analysis, Maruchiyo Yamaokaya stock appears to be overvalued. The current stock price of 円3,575.00 is trading 26.5% above its estimated GF Value™ of 円2,826.91. GuruFocus considers Maruchiyo Yamaokaya to be Modestly Overvalued.

Key valuation signals for TSE:3399:

  • Cyclically Adjusted PB Ratio: 24.46 (613% above median its 10-year median of 3.43)
  • GF Value™: 円2,826.91 vs. price of 円3,575.00 (26.5% above fair value)
  • GF Score™: 78/100 with 3 warning signs
  • Industry Position: 1244% above the Restaurants median (#253 of 254)

No single metric tells the full story. See the TSE:3399 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Maruchiyo Yamaokaya Business Description

Address 7-1-chome, Higashi Ganboshi East Hall, 4-32, Hokkaido, Sapporo, JPN, 007-0827
Maruchiyo Yamaokaya Corp is engaged in operating a direct chain ramen noodle restaurants called Ramen Yamaokaya mainly in Hokkaido and Kanto area. It has more than twenty-five types of regular menu. Its menu includes soy sauce, miso, salt, special miso, spicy miso, Premium soy sauce, and premium salt.
78GF Score

Get the complete analysis for TSE:3399

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

円3,575.00
Price
円2,826.91
GF Value