Yamazawa Co (TSE:9993) Cyclically Adjusted PB Ratio: 0.42 (As of Aug. 07, 2026) — 25% Below Median

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TSE:9993 Yamazawa Co Ltd TSE:9993
66 GF Score
Price 円1,189.00
GF Value 円1,260.74
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is Yamazawa Co Cyclically Adjusted PB Ratio?

Yamazawa Co TSE:9993 +0.51% 66 Cyclically Adjusted PB Ratio is 0.42 as of Aug. 07, 2026, which is 25% below its 10-year median of 0.56. GuruFocus rates TSE:9993 with a GF Score™ of 66/100 and a GF Value™ of 円1,260.74 (Fairly Valued). The stock has 2 warning signs investors should review. Among 233 Retail - Defensive companies, Yamazawa Co ranks better than 90.56% on this metric.

As of today (2026-08-07), Yamazawa Co's current share price is 円1189.00. Yamazawa Co's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2026 was 円2,857.67. Yamazawa Co's Cyclically Adjusted PB Ratio for today is 0.42.

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

TSE:9993' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.39   Med: 0.56   Max: 0.73
Current: 0.41

During the past years, Yamazawa Co's highest Cyclically Adjusted PB Ratio was 0.73. The lowest was 0.39. And the median was 0.56.

TSE:9993's Cyclically Adjusted PB Ratio is ranked better than
90.56% of 233 companies
in the Retail - Defensive industry
Industry Median: 1.63 vs TSE:9993: 0.41

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.

Yamazawa Co's adjusted book value per share data for the three months ended in Feb. 2026 was 円2,604.753. 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2,857.67 for the trailing ten years ended in Feb. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Yamazawa Co  (TSE:9993) 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.


Yamazawa Co Cyclically Adjusted PB Ratio Related Terms


Yamazawa Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Yamazawa 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.

Yamazawa Co Cyclically Adjusted PB Ratio Chart

Yamazawa Co Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.60 0.47 0.45 0.39 0.42

Yamazawa Co Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 0.00 0.40 0.00 0.42 0.00

TSE:9993 vs KR: Cyclically Adjusted PB Ratio Comparison

For the Grocery Stores subindustry, Yamazawa 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.


Yamazawa Co Cyclically Adjusted PB Ratio vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Yamazawa Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TSE:9993
66GF Score
Yamazawa Co Ltd TSE:9993
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Yamazawa 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1189.00/2857.67
=0.42

* 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.

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

For example, Yamazawa Co's adjusted Book Value per Share data for the three months ended in Feb. 2026 was:

Adj_Book=Book Value per Share/CPI of Feb. 2026 (Change)*Current CPI (Feb. 2026)
=2604.753/112.2000*112.2000
=2,604.753

Current CPI (Feb. 2026) = 112.2000.

Yamazawa Co Quarterly Data

Book Value per Share CPI Adj_Book
201602 2,589.857 97.800 2,971.186
201605 2,592.705 98.200 2,962.337
201608 2,609.702 97.900 2,990.894
201611 2,601.617 98.600 2,960.461
201702 2,687.885 98.100 3,074.217
201705 2,688.803 98.600 3,059.672
201708 2,705.245 98.500 3,081.508
201711 2,697.621 99.100 3,054.219
201802 2,690.422 99.500 3,033.823
201805 2,681.697 99.300 3,030.075
201808 2,683.718 99.800 3,017.166
201811 2,678.942 100.000 3,005.773
201902 2,631.405 99.700 2,961.320
201905 2,622.957 100.000 2,942.958
201908 2,625.712 100.000 2,946.049
201911 2,615.978 100.500 2,920.525
202002 2,583.578 100.300 2,890.104
202005 2,631.009 100.100 2,949.043
202008 2,648.073 100.100 2,968.170
202011 2,660.917 99.500 3,000.552
202102 2,635.688 99.800 2,963.168
202105 2,653.486 99.400 2,995.182
202108 2,656.147 99.700 2,989.164
202111 2,642.477 100.100 2,961.897
202202 2,642.634 100.700 2,944.424
202205 2,648.963 101.800 2,919.584
202208 2,674.372 102.700 2,921.758
202211 2,658.686 103.900 2,871.074
202302 2,659.422 104.000 2,869.107
202305 2,707.997 105.100 2,890.935
202308 2,742.640 105.900 2,905.800
202311 2,720.628 106.900 2,855.514
202402 2,677.988 106.900 2,810.760
202405 2,647.921 108.100 2,748.351
202408 2,564.367 109.100 2,637.232
202502 2,408.366 110.800 2,438.797
202505 2,412.354 111.800 2,420.985
202508 2,466.821 112.100 2,469.022
202511 2,467.099 113.200 2,445.305
202602 2,604.753 112.200 2,604.753

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 0.42 mean?
Yamazawa Co (TSE:9993) has a Cyclically Adjusted PB Ratio of 0.42 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 Yamazawa Co and its competitors. This is 25% below median its historical median of 0.56. Over the past decade, Yamazawa Co's Cyclically Adjusted PB Ratio has ranged from 0.39 to 0.73. According to the industry distribution chart, Yamazawa Co ranks #22 out of 233 companies in the Retail - Defensive industry, placing it in the top 9.4%.
Is Yamazawa Co's Cyclically Adjusted PB Ratio too high?
Yamazawa Co's current Cyclically Adjusted PB Ratio of 0.42 is 25% below median its 10-year median of 0.56. Over the past 10 years, this metric has ranged from a low of 0.39 to a high of 0.73. The Retail - Defensive industry median Cyclically Adjusted PB Ratio is 1.63. Yamazawa Co's value of 0.42 is 74.2% below this industry median. Based on the distribution chart, Yamazawa Co ranks #22 out of 233 companies in the Retail - Defensive industry, which is in the top quartile — a strong position relative to peers. Overall, Yamazawa Co has a GF Score™ of 66/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Yamazawa Co's Cyclically Adjusted PB Ratio compare to KR?
According to the Retail - Defensive industry distribution chart, Yamazawa Co ranks #22 out of 233 companies for Cyclically Adjusted PB Ratio. This places Yamazawa Co in the top 9% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.63. Yamazawa Co's value of 0.42 is 74.2% below this benchmark. Historically, Yamazawa Co's own Cyclically Adjusted PB Ratio has ranged from 0.39 to 0.73 over the past decade. While the company's 10-year median is 0.56 vs. the industry median of 1.63, Yamazawa 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 Retail - Defensive company?
The median Cyclically Adjusted PB Ratio among Retail - Defensive companies is 1.63, based on 233 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. Yamazawa Co's current Cyclically Adjusted PB Ratio of 0.42 is 74.2% 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 Yamazawa Co and its competitors. For the Retail - Defensive industry, the median Cyclically Adjusted PB Ratio is 1.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Yamazawa Co's current Cyclically Adjusted PB Ratio is 0.42, which is 25% below median its own 10-year median of 0.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Yamazawa Co stock overvalued right now?
Based on GuruFocus' analysis, Yamazawa Co (TSE:9993) is currently considered Fairly Valued. The stock's GF Value™ is 円1,260.74, compared to a current price of 円1,189.00 — trading 5.7% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.42, which is 25% below median its 10-year median of 0.56 and 74.2% below the Retail - Defensive industry median of 1.63. Yamazawa Co's overall GF Score™ is 66/100 with 2 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 Yamazawa Co (TSE:9993), the current Cyclically Adjusted PB Ratio is 0.42 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 Yamazawa Co (TSE:9993) Overvalued in 2026?

Based on GuruFocus' analysis, Yamazawa Co stock appears to be undervalued. The current stock price of 円1,189.00 is trading 5.7% below its estimated GF Value™ of 円1,260.74. GuruFocus considers Yamazawa Co to be Fairly Valued.

Key valuation signals for TSE:9993:

  • Cyclically Adjusted PB Ratio: 0.42 (25% below median its 10-year median of 0.56)
  • GF Value™: 円1,260.74 vs. price of 円1,189.00 (5.7% below fair value)
  • GF Score™: 66/100 with 2 warning signs
  • Industry Position: 74.2% below the Retail - Defensive median (#22 of 233)

No single metric tells the full story. See the TSE:9993 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Yamazawa Co Business Description

Address 3-8-9 Akoyacho, Yamagata, JPN, 990-8585
Yamazawa Co Ltd is a Japan-based retail company. It is engaged in the sales of dairy foods, sundry goods, and clothes through its stores. The company is also engaged in the retail of pharmaceutical products and cosmetic products. Its stores are located throughout Japan.
66GF Score

Get the complete analysis for TSE:9993

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

円1,189.00
Price
円1,260.74
GF Value