YKLTF (Yakult Honsha Co) Cyclically Adjusted PB Ratio: 1.27 (As of Sep. 22, 2026) — 60% Below Median

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YKLTF Yakult Honsha Co Ltd YKLTF
85 GF Score
Price $17.30
GF Value $17.29
Valuation Fairly Valued
! 6 Warning Signs
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What is Yakult Honsha Co Cyclically Adjusted PB Ratio?

Yakult Honsha Co YKLTF 85 Cyclically Adjusted PB Ratio is 1.27 as of Sep. 22, 2026, which is 60% below its 10-year median of 3.17. GuruFocus rates YKLTF with a GF Score™ of 85/100 and a GF Value™ of $17.29 (Fairly Valued). The stock has 6 warning signs investors should review. Among 85 Beverages - Non-Alcoholic companies, Yakult Honsha Co ranks better than 57.65% on this metric.

As of today (2026-09-22), Yakult Honsha Co's current share price is $17.30. Yakult Honsha Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was $13.57. Yakult Honsha Co's Cyclically Adjusted PB Ratio for today is 1.27.

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
57.65% of 85 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 2.27 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 Jun. 2026 was $13.940. 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 $13.57 for the trailing ten years ended in Jun. 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 2.43 2.28 2.05 1.53 1.23

Yakult Honsha Co 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 1.45 1.35 1.16 1.24 1.17

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
85GF Score
Yakult Honsha Co Ltd YKLTF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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
=17.30/13.569
=1.27

* 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 Jun. 2026 is calculated as:

For example, Yakult Honsha Co'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)
=13.94/113.6000*113.6000
=13.940

Current CPI (Jun. 2026) = 113.6000.

Yakult Honsha Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 10.247 98.000 11.878
201612 9.148 98.400 10.561
201703 10.227 98.100 11.843
201706 10.369 98.500 11.959
201709 10.765 98.800 12.378
201712 11.377 99.400 13.002
201803 11.327 99.200 12.971
201806 10.885 99.200 12.465
201809 10.801 99.900 12.282
201812 11.345 99.700 12.927
201903 11.060 99.700 12.602
201906 11.423 99.800 13.003
201909 11.484 100.100 13.033
201912 11.677 100.500 13.199
202003 11.913 100.300 13.493
202006 11.536 99.900 13.118
202009 12.234 99.900 13.912
202012 12.861 99.300 14.713
202103 12.402 99.900 14.103
202106 12.853 99.500 14.674
202109 13.356 100.100 15.157
202112 13.142 100.100 14.914
202203 12.596 101.100 14.153
202206 11.781 101.800 13.147
202209 12.021 103.100 13.245
202212 13.654 104.100 14.900
202303 13.131 104.400 14.288
202306 12.585 105.200 13.590
202309 13.245 106.200 14.168
202312 14.261 106.800 15.169
202403 13.207 107.200 13.995
202406 13.034 108.200 13.684
202409 15.223 108.900 15.880
202412 13.142 110.700 13.486
202503 14.118 111.100 14.436
202506 14.157 111.700 14.398
202509 14.010 112.000 14.210
202512 13.625 113.000 13.697
202603 14.080 112.700 14.192
202606 13.940 113.600 13.940

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 1.27 mean?
Yakult Honsha Co (YKLTF) has a Cyclically Adjusted PB Ratio of 1.27 as of Sep. 22, 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 60% 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 #36 out of 85 companies in the Beverages - Non-Alcoholic industry, placing it in the top 42.4%.
Is Yakult Honsha Co's Cyclically Adjusted PB Ratio too high?
Yakult Honsha Co's current Cyclically Adjusted PB Ratio of 1.27 is 60% 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 2.27. Yakult Honsha Co's value of 1.27 is 44.1% below this industry median. Based on the distribution chart, Yakult Honsha Co ranks #36 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 85/100 and is considered Fairly Valued, 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 #36 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 2.27. Yakult Honsha Co's value of 1.27 is 44.1% 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 2.27, 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 2.27, 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 1.27 is 44.1% 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 2.27 — 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 1.27, which is 60% 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 Fairly Valued. The stock's GF Value™ is $17.29, compared to a current price of $17.30 — trading 0.1% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.27, which is 60% below median its 10-year median of 3.17 and 44.1% below the Beverages - Non-Alcoholic industry median of 2.27. Yakult Honsha Co's overall GF Score™ is 85/100 with 6 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 1.27 as of Sep. 22, 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 overvalued. The current stock price of $17.30 is trading 0.1% above its estimated GF Value™ of $17.29. GuruFocus considers Yakult Honsha Co to be Fairly Valued.

Key valuation signals for YKLTF:

  • Cyclically Adjusted PB Ratio: 1.27 (60% below median its 10-year median of 3.17)
  • GF Value™: $17.29 vs. price of $17.30 (0.1% above fair value)
  • GF Score™: 85/100 with 6 warning signs
  • Industry Position: 44.1% below the Beverages - Non-Alcoholic median (#36 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 Co Ltd is a Japanese food and beverage company best known for its probiotic dairy products. Founded on Minoru Shirota's discovery of Lactobacillus casei Shirota, it sells the fermented milk drink Yakult and related products, including Joie, Sofuhl, and Mifina, as well as cosmetics and pharmaceuticals. Its main segment is food and beverages, with a significant pharmaceutical business through Yakult Bio-Science and other units. Products reach consumers through retail outlets and a distinctive home-delivery network of Yakult Ladies, who handle a large share of domestic and overseas volume. The company operates in dozens of countries across Asia, the Americas, and Europe, with major markets including Japan, China, Indonesia, Mexico, Brazil, and the United States. Revenue comes primarily from sales of probiotic drinks and other food products, supplemented by pharmaceutical and cosmetic sales.
85GF Score

Get the complete analysis for YKLTF

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

$17.30
Price
$17.29
GF Value