YMZBY (Yamazaki Baking Co) Cyclically Adjusted PB Ratio: 1.74 (As of Aug. 22, 2026) — Near Median

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YMZBY Yamazaki Baking Co Ltd YMZBY
83 GF Score
Price $180.00
GF Value $175.80
! 2 Warning Signs
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What is Yamazaki Baking Co Cyclically Adjusted PB Ratio?

Yamazaki Baking Co YMZBY +17.84% 83 Cyclically Adjusted PB Ratio is 1.74 as of Aug. 22, 2026, which is 4% above its 10-year median of 1.67. GuruFocus rates YMZBY with a GF Score™ of 83/100 and a GF Value™ of $175.80. The stock has 2 warning signs investors should review. Among 1,352 Consumer Packaged Goods companies, Yamazaki Baking Co ranks worse than 66.27% on this metric.

As of today (2026-08-22), Yamazaki Baking Co's current share price is $180.00. Yamazaki Baking Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was $103.23. Yamazaki Baking Co's Cyclically Adjusted PB Ratio for today is 1.74.

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

YMZBY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.03   Med: 1.67   Max: 2.64
Current: 1.93

During the past years, Yamazaki Baking Co's highest Cyclically Adjusted PB Ratio was 2.64. The lowest was 1.03. And the median was 1.67.

YMZBY's Cyclically Adjusted PB Ratio is ranked worse than
66.27% of 1352 companies
in the Consumer Packaged Goods industry
Industry Median: 1.26 vs YMZBY: 1.93

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.

Yamazaki Baking Co's adjusted book value per share data for the three months ended in Jun. 2026 was $148.964. 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 $103.23 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Yamazaki Baking Co  (OTCPK:YMZBY) 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.


Yamazaki Baking Co Cyclically Adjusted PB Ratio Related Terms


Yamazaki Baking Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Yamazaki Baking 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.

Yamazaki Baking Co Cyclically Adjusted PB Ratio Chart

Yamazaki Baking Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.14 1.09 2.09 1.77 1.85

Yamazaki Baking 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 1.88 1.89 1.85 1.97 1.74

YMZBY vs KHC, GIS: Cyclically Adjusted PB Ratio Comparison

For the Packaged Foods subindustry, Yamazaki Baking 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.


Yamazaki Baking Co Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Yamazaki Baking Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


YMZBY
83GF Score
Yamazaki Baking Co Ltd YMZBY
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Yamazaki Baking 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=180.00/103.23
=1.74

* 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.

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

For example, Yamazaki Baking 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)
=148.964/113.6000*113.6000
=148.964

Current CPI (Jun. 2026) = 113.6000.

Yamazaki Baking Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 123.630 98.000 143.310
201612 109.518 98.400 126.435
201703 112.912 98.100 130.752
201706 118.779 98.500 136.988
201709 120.824 98.800 138.923
201712 127.568 99.400 145.792
201803 134.013 99.200 153.467
201806 132.815 99.200 152.095
201809 132.225 99.900 150.358
201812 128.319 99.700 146.209
201903 130.616 99.700 148.826
201906 135.862 99.800 154.649
201909 135.560 100.100 153.842
201912 137.980 100.500 155.965
202003 138.111 100.300 156.425
202006 138.649 99.900 157.663
202009 141.849 99.900 161.302
202012 146.466 99.300 167.558
202103 139.733 99.900 158.896
202106 138.886 99.500 158.567
202109 141.053 100.100 160.076
202112 141.394 100.100 160.463
202203 136.700 101.100 153.602
202206 122.204 101.800 136.369
202209 114.974 103.100 126.683
202212 129.220 104.100 141.012
202303 130.158 104.400 141.628
202306 128.109 105.200 138.338
202309 125.194 106.200 133.917
202312 134.940 106.800 143.532
202403 131.014 107.200 138.836
202406 127.144 108.200 133.489
202409 139.423 108.900 145.440
202412 134.731 110.700 138.261
202503 139.306 111.100 142.441
202506 147.687 111.700 150.199
202509 147.760 112.000 149.871
202512 149.307 113.000 150.100
202603 147.921 112.700 149.102
202606 148.964 113.600 148.964

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 1.74 mean?
Yamazaki Baking Co (YMZBY) has a Cyclically Adjusted PB Ratio of 1.74 as of Aug. 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 Yamazaki Baking Co and its competitors. This is near median its historical median of 1.67. Over the past decade, Yamazaki Baking Co's Cyclically Adjusted PB Ratio has ranged from 1.03 to 2.64. According to the industry distribution chart, Yamazaki Baking Co ranks #896 out of 1352 companies in the Consumer Packaged Goods industry, placing it in the top 66.3%.
Is Yamazaki Baking Co's Cyclically Adjusted PB Ratio too high?
Yamazaki Baking Co's current Cyclically Adjusted PB Ratio of 1.74 is near median its 10-year median of 1.67. Over the past 10 years, this metric has ranged from a low of 1.03 to a high of 2.64. The Consumer Packaged Goods industry median Cyclically Adjusted PB Ratio is 1.26. Yamazaki Baking Co's value of 1.74 is 38.1% above this industry median. Based on the distribution chart, Yamazaki Baking Co ranks #896 out of 1352 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Yamazaki Baking Co has a GF Score™ of 83/100, reflecting its overall financial health beyond just this single metric.
How does Yamazaki Baking Co's Cyclically Adjusted PB Ratio compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Yamazaki Baking Co ranks #896 out of 1352 companies for Cyclically Adjusted PB Ratio. This places Yamazaki Baking Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.26. Yamazaki Baking Co's value of 1.74 is 38.1% above this benchmark. Historically, Yamazaki Baking Co's own Cyclically Adjusted PB Ratio has ranged from 1.03 to 2.64 over the past decade. While the company's 10-year median is 1.67 vs. the industry median of 1.26, Yamazaki Baking Co 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 Consumer Packaged Goods company?
The median Cyclically Adjusted PB Ratio among Consumer Packaged Goods companies is 1.26, based on 1,352 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. Yamazaki Baking Co's current Cyclically Adjusted PB Ratio of 1.74 is 38.1% 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 Yamazaki Baking Co and its competitors. For the Consumer Packaged Goods industry, the median Cyclically Adjusted PB Ratio is 1.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Yamazaki Baking Co's current Cyclically Adjusted PB Ratio is 1.74, which is near median its own 10-year median of 1.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Yamazaki Baking Co stock overvalued right now?
Yamazaki Baking Co (YMZBY) has a current Cyclically Adjusted PB Ratio of 1.74. The stock's GF Value™ is $175.80, compared to a current price of $180.00 — trading 2.4% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.74, which is near median its 10-year median of 1.67 and 38.1% above the Consumer Packaged Goods industry median of 1.26. Yamazaki Baking Co's overall GF Score™ is 83/100 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 Yamazaki Baking Co (YMZBY), the current Cyclically Adjusted PB Ratio is 1.74 as of Aug. 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 Yamazaki Baking Co (YMZBY) Overvalued in 2026?

Based on GuruFocus' analysis, Yamazaki Baking Co stock appears to be overvalued. The current stock price of $180.00 is trading 2.4% above its estimated GF Value™ of $175.80.

Key valuation signals for YMZBY:

  • Cyclically Adjusted PB Ratio: 1.74 (near median its 10-year median of 1.67)
  • GF Value™: $175.80 vs. price of $180.00 (2.4% above fair value)
  • GF Score™: 83/100 with 2 warning signs
  • Industry Position: 38.1% above the Consumer Packaged Goods median (#896 of 1352)

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


Yamazaki Baking Co Business Description

Other Exchanges 2212:Japan
Address 3-10-1 Iwamotocho, Chiyoda-ku, Tokyo, JPN, 101-8585
Yamazaki Baking Co Ltd is a Japan-based company specializing in the production of baked goods, including bread, pastries, and cakes. The company operates through Food, Distribution, and Other segments. The Food segment produces bread, confectionery, and bakery products, selling to retailers and running bakery cafes in Japan and abroad. The Distribution segment manages convenience stores and food supermarkets. The Others segment handles logistics, food plant design and construction, non-life insurance agency services, and the production of cleaning agents for baking equipment. It generates the majority of its revenue from the Food business segment.
83GF Score

Get the complete analysis for YMZBY

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

$180.00
Price
$175.80
GF Value