Sagami Holdings (TSE:9900) Cyclically Adjusted PB Ratio: 3.80 (As of Aug. 08, 2026) — 38% Above Median

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TSE:9900 Sagami Holdings Corp TSE:9900
81 GF Score
Price 円2,193.00
GF Value 円2,146.46
Valuation Fairly Valued
! 4 Warning Signs
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What is Sagami Holdings Cyclically Adjusted PB Ratio?

Sagami Holdings TSE:9900 +1.29% 81 Cyclically Adjusted PB Ratio is 3.80 as of Aug. 08, 2026, which is 38% above its 10-year median of 2.75. GuruFocus rates TSE:9900 with a GF Score™ of 81/100 and a GF Value™ of 円2,146.46 (Fairly Valued). The stock has 4 warning signs investors should review. Among 255 Restaurants companies, Sagami Holdings ranks worse than 72.55% on this metric.

As of today (2026-08-08), Sagami Holdings's current share price is 円2193.00. Sagami Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円577.75. Sagami Holdings's Cyclically Adjusted PB Ratio for today is 3.80.

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

TSE:9900' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.96   Med: 2.75   Max: 3.75
Current: 3.75

During the past years, Sagami Holdings's highest Cyclically Adjusted PB Ratio was 3.75. The lowest was 1.96. And the median was 2.75.

TSE:9900's Cyclically Adjusted PB Ratio is ranked worse than
72.55% of 255 companies
in the Restaurants industry
Industry Median: 1.87 vs TSE:9900: 3.75

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.

Sagami Holdings's adjusted book value per share data for the three months ended in Mar. 2026 was 円652.588. 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577.75 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sagami Holdings  (TSE:9900) 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.


Sagami Holdings Cyclically Adjusted PB Ratio Related Terms


Sagami Holdings Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Sagami Holdings'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.

Sagami Holdings Cyclically Adjusted PB Ratio Chart

Sagami Holdings 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 2.43 2.49 2.82 2.93 3.16

Sagami Holdings 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 2.93 0.00 0.00 0.00 3.16

TSE:9900 vs MCD, SBUX, YUM: Cyclically Adjusted PB Ratio Comparison

For the Restaurants subindustry, Sagami Holdings'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.


Sagami Holdings Cyclically Adjusted PB Ratio vs Restaurants Industry

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

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


TSE:9900
81GF Score
Sagami Holdings Corp TSE:9900
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sagami Holdings 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.

Sagami Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2193.00/577.75
=3.80

* 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.

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

For example, Sagami Holdings'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)
=652.588/112.7000*112.7000
=652.588

Current CPI (Mar. 2026) = 112.7000.

Sagami Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201603 505.539 97.900 581.964
201606 499.983 98.100 574.394
201609 509.081 98.000 585.443
201612 521.559 98.400 597.355
201703 524.177 98.100 602.189
201706 520.787 98.500 595.865
201709 535.649 98.800 611.009
201712 535.063 99.400 606.656
201803 534.644 99.200 607.403
201806 526.973 99.200 598.688
201809 539.398 99.900 608.510
201812 533.476 99.700 603.037
201903 533.422 99.700 602.976
201906 525.618 99.800 593.559
201909 533.082 100.100 600.183
201912 530.696 100.500 595.119
202003 474.796 100.300 533.495
202006 419.423 99.900 473.163
202009 421.844 99.900 475.894
202012 431.811 99.300 490.082
202103 412.660 99.900 465.533
202106 444.922 99.500 503.947
202109 471.517 100.100 530.869
202112 507.614 100.100 571.509
202203 499.402 101.100 556.702
202206 516.102 101.800 571.362
202209 529.356 103.100 578.646
202212 538.900 104.100 583.420
202303 528.523 104.400 570.542
202306 531.250 105.200 569.124
202309 549.732 106.200 583.378
202312 559.135 106.800 590.024
202403 557.153 107.200 585.738
202406 563.653 108.200 587.095
202409 578.198 108.900 598.374
202503 591.782 111.100 600.305
202506 599.594 111.700 604.962
202509 619.656 112.000 623.529
202512 636.763 113.000 635.072
202603 652.588 112.700 652.588

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 3.80 mean?
Sagami Holdings (TSE:9900) has a Cyclically Adjusted PB Ratio of 3.80 as of Aug. 08, 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 Sagami Holdings and its competitors. This is 38% above median its historical median of 2.75. Over the past decade, Sagami Holdings' Cyclically Adjusted PB Ratio has ranged from 1.96 to 3.75. According to the industry distribution chart, Sagami Holdings ranks #185 out of 255 companies in the Restaurants industry, placing it in the top 72.5%.
Is Sagami Holdings' Cyclically Adjusted PB Ratio too high?
Sagami Holdings' current Cyclically Adjusted PB Ratio of 3.80 is 38% above median its 10-year median of 2.75. Over the past 10 years, this metric has ranged from a low of 1.96 to a high of 3.75. The Restaurants industry median Cyclically Adjusted PB Ratio is 1.87. Sagami Holdings' value of 3.80 is 103.2% above this industry median. Based on the distribution chart, Sagami Holdings ranks #185 out of 255 companies in the Restaurants industry, which is below the industry midpoint. Overall, Sagami Holdings has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Sagami Holdings' Cyclically Adjusted PB Ratio compare to MCD and SBUX?
According to the Restaurants industry distribution chart, Sagami Holdings ranks #185 out of 255 companies for Cyclically Adjusted PB Ratio. This places Sagami Holdings in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.87. Sagami Holdings' value of 3.80 is 103.2% above this benchmark. Historically, Sagami Holdings' own Cyclically Adjusted PB Ratio has ranged from 1.96 to 3.75 over the past decade. While the company's 10-year median is 2.75 vs. the industry median of 1.87, Sagami Holdings 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 1.87, based on 255 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. Sagami Holdings's current Cyclically Adjusted PB Ratio of 3.80 is 103.2% 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 Sagami Holdings and its competitors. For the Restaurants industry, the median Cyclically Adjusted PB Ratio is 1.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sagami Holdings's current Cyclically Adjusted PB Ratio is 3.80, which is 38% above median its own 10-year median of 2.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sagami Holdings stock overvalued right now?
Based on GuruFocus' analysis, Sagami Holdings (TSE:9900) is currently considered Fairly Valued. The stock's GF Value™ is 円2,146.46, compared to a current price of 円2,193.00 — trading 2.2% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 3.80, which is 38% above median its 10-year median of 2.75 and 103.2% above the Restaurants industry median of 1.87. Sagami Holdings' overall GF Score™ is 81/100 with 4 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 Sagami Holdings (TSE:9900), the current Cyclically Adjusted PB Ratio is 3.80 as of Aug. 08, 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 Sagami Holdings (TSE:9900) Overvalued in 2026?

Based on GuruFocus' analysis, Sagami Holdings stock appears to be overvalued. The current stock price of 円2,193.00 is trading 2.2% above its estimated GF Value™ of 円2,146.46. GuruFocus considers Sagami Holdings to be Fairly Valued.

Key valuation signals for TSE:9900:

  • Cyclically Adjusted PB Ratio: 3.80 (38% above median its 10-year median of 2.75)
  • GF Value™: 円2,146.46 vs. price of 円2,193.00 (2.2% above fair value)
  • GF Score™: 81/100 with 4 warning signs
  • Industry Position: 103.2% above the Restaurants median (#185 of 255)

No single metric tells the full story. See the TSE:9900 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sagami Holdings Business Description

Address 118 Yatsuken 2-chome, Moriyama-ku, Nagoya, JPN, 463-8535
Sagami Holdings Corp is a Japan-based company operating in the food service industry. It engages in developing Japanese-style and noodle restaurant chains in Kansai, Kanto, and Hokuriku centering on the Tokai area. It operates chain restaurants under brand name Sagami and Ajino-Mingei. It offers Japanese dishes including Soba, Udon, Kishimen, Sukiyaki set, and Nagoya-Meshi. Sagami also has overseas operations in Thailand, Vietnam, Italy, and Brazil.
81GF Score

Get the complete analysis for TSE:9900

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

円2,193.00
Price
円2,146.46
GF Value