FP (TSE:7947) Cyclically Adjusted PB Ratio: 1.57 (As of Aug. 07, 2026) — 47% Below Median

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Director of Data and Quant Analytics at GuruFocus
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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:7947 FP Corp TSE:7947
82 GF Score
Price 円2,695.00
GF Value 円2,935.26
Valuation Fairly Valued
! 3 Warning Signs
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What is FP Cyclically Adjusted PB Ratio?

FP TSE:7947 +2.94% 82 Cyclically Adjusted PB Ratio is 1.57 as of Aug. 07, 2026, which is 47% below its 10-year median of 2.98. GuruFocus rates TSE:7947 with a GF Score™ of 82/100 and a GF Value™ of 円2,935.26 (Fairly Valued). The stock has 3 warning signs investors should review. Among 312 Packaging & Containers companies, FP ranks worse than 59.94% on this metric.

As of today (2026-08-07), FP's current share price is 円2695.00. FP's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was 円1,718.40. FP's Cyclically Adjusted PB Ratio for today is 1.57.

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

TSE:7947' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.38   Med: 2.98   Max: 4.05
Current: 1.52

During the past years, FP's highest Cyclically Adjusted PB Ratio was 4.05. The lowest was 1.38. And the median was 2.98.

TSE:7947's Cyclically Adjusted PB Ratio is ranked worse than
59.94% of 312 companies
in the Packaging & Containers industry
Industry Median: 1.1 vs TSE:7947: 1.52

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.

FP's adjusted book value per share data for the three months ended in Jun. 2026 was 円2,027.412. 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1,718.40 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


FP  (TSE:7947) 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.


FP Cyclically Adjusted PB Ratio Related Terms


FP Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for FP'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.

FP Cyclically Adjusted PB Ratio Chart

FP 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 2.34 2.42 1.88 1.78 1.40

FP 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 1.64 1.54 1.57 1.40 1.51

TSE:7947 vs SW, PKG, IP: Cyclically Adjusted PB Ratio Comparison

For the Packaging & Containers subindustry, FP'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.


FP Cyclically Adjusted PB Ratio vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, FP's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TSE:7947
82GF Score
FP Corp TSE:7947
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

FP 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.

FP's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2695.00/1718.40
=1.57

* 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.

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

For example, FP'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)
=2027.412/113.6000*113.6000
=2,027.412

Current CPI (Jun. 2026) = 113.6000.

FP Quarterly Data

Book Value per Share CPI Adj_Book
201609 1,148.194 98.000 1,330.968
201612 1,182.437 98.400 1,365.090
201703 1,201.742 98.100 1,391.620
201706 1,208.720 98.500 1,394.016
201709 1,244.569 98.800 1,431.002
201712 1,269.545 99.400 1,450.909
201803 1,280.080 99.200 1,465.898
201806 1,278.919 99.200 1,464.569
201809 1,312.857 99.900 1,492.898
201812 1,337.954 99.700 1,524.489
201903 1,351.645 99.700 1,540.089
201906 1,351.984 99.800 1,538.932
201909 1,388.582 100.100 1,575.853
201912 1,418.566 100.500 1,603.474
202003 1,436.043 100.300 1,626.465
202006 1,448.476 99.900 1,647.116
202009 1,566.637 99.900 1,781.481
202012 1,607.626 99.300 1,839.137
202103 1,520.035 99.900 1,728.488
202106 1,528.360 99.500 1,744.942
202109 1,568.076 100.100 1,779.555
202112 1,591.729 100.100 1,806.398
202203 1,610.096 101.100 1,809.168
202206 1,606.760 101.800 1,793.005
202209 1,634.060 103.100 1,800.477
202212 1,682.451 104.100 1,835.989
202303 1,703.536 104.400 1,853.656
202306 1,705.637 105.200 1,841.829
202309 1,745.247 106.200 1,866.856
202312 1,780.643 106.800 1,894.017
202403 1,795.687 107.200 1,902.892
202406 1,783.054 108.200 1,872.042
202409 1,817.529 108.900 1,895.971
202412 1,871.739 110.700 1,920.773
202503 1,897.664 111.100 1,940.366
202506 1,895.301 111.700 1,927.540
202509 1,944.916 112.000 1,972.701
202512 1,997.861 113.000 2,008.469
202603 2,033.248 112.700 2,049.485
202606 2,027.412 113.600 2,027.412

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 1.57 mean?
FP (TSE:7947) has a Cyclically Adjusted PB Ratio of 1.57 as of Aug. 07, 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 FP and its competitors. This is 47% below median its historical median of 2.98. Over the past decade, FP's Cyclically Adjusted PB Ratio has ranged from 1.38 to 4.05. According to the industry distribution chart, FP ranks #187 out of 312 companies in the Packaging & Containers industry, placing it in the top 59.9%.
Is FP's Cyclically Adjusted PB Ratio too high?
FP's current Cyclically Adjusted PB Ratio of 1.57 is 47% below median its 10-year median of 2.98. Over the past 10 years, this metric has ranged from a low of 1.38 to a high of 4.05. The Packaging & Containers industry median Cyclically Adjusted PB Ratio is 1.10. FP's value of 1.57 is 42.7% above this industry median. Based on the distribution chart, FP ranks #187 out of 312 companies in the Packaging & Containers industry, which is below the industry midpoint. Overall, FP has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does FP's Cyclically Adjusted PB Ratio compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, FP ranks #187 out of 312 companies for Cyclically Adjusted PB Ratio. This places FP in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.10. FP's value of 1.57 is 42.7% above this benchmark. Historically, FP's own Cyclically Adjusted PB Ratio has ranged from 1.38 to 4.05 over the past decade. While the company's 10-year median is 2.98 vs. the industry median of 1.10, FP 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 Packaging & Containers company?
The median Cyclically Adjusted PB Ratio among Packaging & Containers companies is 1.10, based on 312 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. FP's current Cyclically Adjusted PB Ratio of 1.57 is 42.7% 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 FP and its competitors. For the Packaging & Containers industry, the median Cyclically Adjusted PB Ratio is 1.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FP's current Cyclically Adjusted PB Ratio is 1.57, which is 47% below median its own 10-year median of 2.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FP stock overvalued right now?
Based on GuruFocus' analysis, FP (TSE:7947) is currently considered Fairly Valued. The stock's GF Value™ is 円2,935.26, compared to a current price of 円2,695.00 — trading 8.2% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.57, which is 47% below median its 10-year median of 2.98 and 42.7% above the Packaging & Containers industry median of 1.10. FP's overall GF Score™ is 82/100 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 FP (TSE:7947), the current Cyclically Adjusted PB Ratio is 1.57 as of Aug. 07, 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 FP (TSE:7947) Overvalued in 2026?

Based on GuruFocus' analysis, FP stock appears to be undervalued. The current stock price of 円2,695.00 is trading 8.2% below its estimated GF Value™ of 円2,935.26. GuruFocus considers FP to be Fairly Valued.

Key valuation signals for TSE:7947:

  • Cyclically Adjusted PB Ratio: 1.57 (47% below median its 10-year median of 2.98)
  • GF Value™: 円2,935.26 vs. price of 円2,695.00 (8.2% below fair value)
  • GF Score™: 82/100 with 3 warning signs
  • Industry Position: 42.7% above the Packaging & Containers median (#187 of 312)

No single metric tells the full story. See the TSE:7947 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


FP Business Description

Address 1-13-15 Akebonocho, Hiroshima, Fukuyama, JPN, 721-8607
FP Corp is a Japan-based company engaged in manufacturing disposable food containers made of polystyrene and other compound resins that are used simple, such as grocery stores. The group offers a wide range of products, such as pre-cooked food containers, take-out lunch box containers, containers for selling small portions, and containers for soup products, which are helping consumers in a variety of food scenes.
82GF Score

Get the complete analysis for TSE:7947

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

円2,695.00
Price
円2,935.26
GF Value