YKLTF (Yakult Honsha Co) Cyclically Adjusted PB Ratio: 1.65 (As of Aug. 05, 2026) — 48% Below Median

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YKLTF Yakult Honsha Co Ltd YKLTF
86 GF Score
Price $15.85
GF Value $18.87
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Yakult Honsha Co Cyclically Adjusted PB Ratio?

Yakult Honsha Co YKLTF 86 Cyclically Adjusted PB Ratio is 1.65 as of Aug. 05, 2026, which is 48% below its 10-year median of 3.17. GuruFocus rates YKLTF with a GF Score™ of 86/100 and a GF Value™ of $18.87 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 85 Beverages - Non-Alcoholic companies, Yakult Honsha Co ranks better than 55.29% on this metric.

As of today (2026-08-05), Yakult Honsha Co's current share price is $15.85. Yakult Honsha Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $9.58. Yakult Honsha Co's Cyclically Adjusted PB Ratio for today is 1.65.

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

YKLTF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.55   Med: 3.17   Max: 5.76
Current: 1.83

During the past years, Yakult Honsha Co's highest Cyclically Adjusted PB Ratio was 5.76. The lowest was 1.55. And the median was 3.17.

YKLTF's Cyclically Adjusted PB Ratio is ranked better than
55.29% of 85 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 2.12 vs YKLTF: 1.83

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.

Yakult Honsha Co's adjusted book value per share data for the three months ended in Mar. 2026 was $13.078. 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 $9.58 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Yakult Honsha Co  (OTCPK:YKLTF) 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.


Yakult Honsha Co Cyclically Adjusted PB Ratio Related Terms


Yakult Honsha Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Yakult Honsha 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.

Yakult Honsha Co Cyclically Adjusted PB Ratio Chart

Yakult Honsha 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 3.08 4.10 2.42 1.99 1.73

Yakult Honsha Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 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 1.99 1.86 1.63 1.62 1.73

YKLTF vs KO, PEP, MNST: Cyclically Adjusted PB Ratio Comparison

For the Beverages - Non-Alcoholic subindustry, Yakult Honsha 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.


Yakult Honsha Co Cyclically Adjusted PB Ratio vs Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Yakult Honsha Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


YKLTF
86GF Score
Yakult Honsha Co Ltd YKLTF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Yakult Honsha 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=15.85/9.58
=1.65

* 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.

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

For example, Yakult Honsha Co'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)
=13.078/112.7000*112.7000
=13.078

Current CPI (Mar. 2026) = 112.7000.

Yakult Honsha Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 9.268 98.100 10.647
201609 9.266 98.000 10.656
201612 8.382 98.400 9.600
201703 9.198 98.100 10.567
201706 9.569 98.500 10.948
201709 9.980 98.800 11.384
201712 10.353 99.400 11.738
201803 10.346 99.200 11.754
201806 9.972 99.200 11.329
201809 9.970 99.900 11.247
201812 10.038 99.700 11.347
201903 10.031 99.700 11.339
201906 10.327 99.800 11.662
201909 10.460 100.100 11.777
201912 10.556 100.500 11.837
202003 10.823 100.300 12.161
202006 10.599 99.900 11.957
202009 11.267 99.900 12.711
202012 11.780 99.300 13.370
202103 11.609 99.900 13.096
202106 11.912 99.500 13.492
202109 12.418 100.100 13.981
202112 12.207 100.100 13.744
202203 11.860 101.100 13.221
202206 10.895 101.800 12.062
202209 11.061 103.100 12.091
202212 12.115 104.100 13.116
202303 11.952 104.400 12.902
202306 11.722 105.200 12.558
202309 12.116 106.200 12.858
202312 12.594 106.800 13.290
202403 12.094 107.200 12.714
202406 11.968 108.200 12.466
202409 13.756 108.900 14.236
202412 12.237 110.700 12.458
202503 12.917 111.100 13.103
202506 12.884 111.700 12.999
202509 12.960 112.000 13.041
202512 12.670 113.000 12.636
202603 13.078 112.700 13.078

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 1.65 mean?
Yakult Honsha Co (YKLTF) has a Cyclically Adjusted PB Ratio of 1.65 as of Aug. 05, 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 Yakult Honsha Co and its competitors. This is 48% below median its historical median of 3.17. Over the past decade, Yakult Honsha Co's Cyclically Adjusted PB Ratio has ranged from 1.55 to 5.76. According to the industry distribution chart, Yakult Honsha Co ranks #38 out of 85 companies in the Beverages - Non-Alcoholic industry, placing it in the top 44.7%.
Is Yakult Honsha Co's Cyclically Adjusted PB Ratio too high?
Yakult Honsha Co's current Cyclically Adjusted PB Ratio of 1.65 is 48% below median its 10-year median of 3.17. Over the past 10 years, this metric has ranged from a low of 1.55 to a high of 5.76. The Beverages - Non-Alcoholic industry median Cyclically Adjusted PB Ratio is 2.12. Yakult Honsha Co's value of 1.65 is 22.2% below this industry median. Based on the distribution chart, Yakult Honsha Co ranks #38 out of 85 companies in the Beverages - Non-Alcoholic industry, which is above the industry midpoint. Overall, Yakult Honsha Co has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Yakult Honsha Co's Cyclically Adjusted PB Ratio compare to KO and PEP?
According to the Beverages - Non-Alcoholic industry distribution chart, Yakult Honsha Co ranks #38 out of 85 companies for Cyclically Adjusted PB Ratio. This puts Yakult Honsha Co in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.12. Yakult Honsha Co's value of 1.65 is 22.2% below this benchmark. Historically, Yakult Honsha Co's own Cyclically Adjusted PB Ratio has ranged from 1.55 to 5.76 over the past decade. While the company's 10-year median is 3.17 vs. the industry median of 2.12, Yakult Honsha 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 Beverages - Non-Alcoholic company?
The median Cyclically Adjusted PB Ratio among Beverages - Non-Alcoholic companies is 2.12, based on 85 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. Yakult Honsha Co's current Cyclically Adjusted PB Ratio of 1.65 is 22.2% 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 Yakult Honsha Co and its competitors. For the Beverages - Non-Alcoholic industry, the median Cyclically Adjusted PB Ratio is 2.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Yakult Honsha Co's current Cyclically Adjusted PB Ratio is 1.65, which is 48% below median its own 10-year median of 3.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Yakult Honsha Co stock overvalued right now?
Based on GuruFocus' analysis, Yakult Honsha Co (YKLTF) is currently considered Modestly Undervalued. The stock's GF Value™ is $18.87, compared to a current price of $15.85 — trading 16% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.65, which is 48% below median its 10-year median of 3.17 and 22.2% below the Beverages - Non-Alcoholic industry median of 2.12. Yakult Honsha Co's overall GF Score™ is 86/100 with 5 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 Yakult Honsha Co (YKLTF), the current Cyclically Adjusted PB Ratio is 1.65 as of Aug. 05, 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 Yakult Honsha Co (YKLTF) Overvalued in 2026?

Based on GuruFocus' analysis, Yakult Honsha Co stock appears to be undervalued. The current stock price of $15.85 is trading 16% below its estimated GF Value™ of $18.87. GuruFocus considers Yakult Honsha Co to be Modestly Undervalued.

Key valuation signals for YKLTF:

  • Cyclically Adjusted PB Ratio: 1.65 (48% below median its 10-year median of 3.17)
  • GF Value™: $18.87 vs. price of $15.85 (16% below fair value)
  • GF Score™: 86/100 with 5 warning signs
  • Industry Position: 22.2% below the Beverages - Non-Alcoholic median (#38 of 85)

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


Yakult Honsha Co Business Description

Address 1-10-30 Kaigan, Minato-ku, Tokyo, JPN, 105-8660
Yakult Honsha is a pioneer in probiotics. It launched the probiotic drink Yakult in 1935 after Minoru Shirota's discovery of Lactobacillus casei Shirota, a strain of lactic acid bacteria, which proved to be able to live in the intestines, in 1930. It operates in 40 countries across four continents, selling mainly Yakult probiotic drinks. Apart from the retail outlets, the home delivery channel, served by a team of 83,000 Yakult Ladies globally, contributes about 45% of its probiotic drink volume. Overseas markets contribute 40% of group sales and profits. Yakult has built a meaningful presence in populated emerging markets, including China, Indonesia, Mexico, and Brazil. It plans to step up expansion in the US with a new factory in Georgia, which will triple its US production capacity.
86GF Score

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

$15.85
Price
$18.87
GF Value