YNOYF (Yoshinoya Holdings Co) Cyclically Adjusted PB Ratio: 3.38 (As of Aug. 14, 2026) — 22% Above Median

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YNOYF Yoshinoya Holdings Co Ltd YNOYF
80 GF Score
Price $17.00
GF Value $16.35
! 3 Warning Signs
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What is Yoshinoya Holdings Co Cyclically Adjusted PB Ratio?

Yoshinoya Holdings Co YNOYF 80 Cyclically Adjusted PB Ratio is 3.38 as of Aug. 14, 2026, which is 22% above its 10-year median of 2.76. GuruFocus rates YNOYF with a GF Score™ of 80/100 and a GF Value™ of $16.35. The stock has 3 warning signs investors should review. Among 254 Restaurants companies, Yoshinoya Holdings Co ranks worse than 79.13% on this metric.

As of today (2026-08-14), Yoshinoya Holdings Co's current share price is $17.00. Yoshinoya Holdings Co's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2026 was $5.03. Yoshinoya Holdings Co's Cyclically Adjusted PB Ratio for today is 3.38.

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

YNOYF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.79   Med: 2.76   Max: 4.17
Current: 4.13

During the past years, Yoshinoya Holdings Co's highest Cyclically Adjusted PB Ratio was 4.17. The lowest was 1.79. And the median was 2.76.

YNOYF's Cyclically Adjusted PB Ratio is ranked worse than
79.13% of 254 companies
in the Restaurants industry
Industry Median: 1.805 vs YNOYF: 4.13

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.

Yoshinoya Holdings Co's adjusted book value per share data for the three months ended in Feb. 2026 was $6.773. 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 $5.03 for the trailing ten years ended in Feb. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Yoshinoya Holdings Co  (OTCPK:YNOYF) 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.


Yoshinoya Holdings Co Cyclically Adjusted PB Ratio Related Terms


Yoshinoya Holdings Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Yoshinoya Holdings 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.

Yoshinoya Holdings Co Cyclically Adjusted PB Ratio Chart

Yoshinoya Holdings 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 2.81 2.70 3.58 3.19 3.38

Yoshinoya Holdings Co Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 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 3.52 3.48 3.43 3.38 0.00

YNOYF vs MCD, SBUX, YUM: Cyclically Adjusted PB Ratio Comparison

For the Restaurants subindustry, Yoshinoya Holdings 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.


Yoshinoya Holdings Co Cyclically Adjusted PB Ratio vs Restaurants Industry

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

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


YNOYF
80GF Score
Yoshinoya Holdings Co Ltd YNOYF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Yoshinoya Holdings 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=17.00/5.03
=3.38

* 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.

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

For example, Yoshinoya Holdings 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)
=6.773/112.2000*112.2000
=6.773

Current CPI (Feb. 2026) = 112.2000.

Yoshinoya Holdings Co Quarterly Data

Book Value per Share CPI Adj_Book
201605 8.069 98.200 9.219
201608 8.730 97.900 10.005
201611 8.034 98.600 9.142
201702 7.789 98.100 8.909
201705 7.770 98.600 8.842
201708 8.086 98.500 9.211
201711 7.855 99.100 8.893
201802 8.216 99.500 9.265
201805 7.906 99.300 8.933
201808 7.749 99.800 8.712
201811 7.390 100.000 8.292
201902 6.933 99.700 7.802
201905 6.899 100.000 7.741
201908 7.222 100.000 8.103
201911 6.913 100.500 7.718
202002 6.723 100.300 7.521
202005 6.195 100.100 6.944
202008 6.024 100.100 6.752
202011 6.157 99.500 6.943
202102 5.812 99.800 6.534
202105 5.875 99.400 6.632
202108 6.076 99.700 6.838
202111 6.234 100.100 6.988
202202 6.453 100.700 7.190
202205 5.957 101.800 6.566
202208 6.120 102.700 6.686
202211 5.908 103.900 6.380
202302 6.404 104.000 6.909
202305 6.309 105.100 6.735
202308 6.234 105.900 6.605
202311 6.157 106.900 6.462
202402 6.236 106.900 6.545
202405 6.048 108.100 6.277
202408 6.690 109.100 6.880
202411 6.329 110.000 6.456
202502 6.543 110.800 6.626
202505 6.830 111.800 6.854
202508 6.887 112.100 6.893
202511 6.574 113.200 6.516
202602 6.773 112.200 6.773

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 3.38 mean?
Yoshinoya Holdings Co (YNOYF) has a Cyclically Adjusted PB Ratio of 3.38 as of Aug. 14, 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 Yoshinoya Holdings Co and its competitors. This is 22% above median its historical median of 2.76. Over the past decade, Yoshinoya Holdings Co's Cyclically Adjusted PB Ratio has ranged from 1.79 to 4.17. According to the industry distribution chart, Yoshinoya Holdings Co ranks #201 out of 254 companies in the Restaurants industry, placing it in the top 79.1%.
Is Yoshinoya Holdings Co's Cyclically Adjusted PB Ratio too high?
Yoshinoya Holdings Co's current Cyclically Adjusted PB Ratio of 3.38 is 22% above median its 10-year median of 2.76. Over the past 10 years, this metric has ranged from a low of 1.79 to a high of 4.17. The Restaurants industry median Cyclically Adjusted PB Ratio is 1.81. Yoshinoya Holdings Co's value of 3.38 is 87.3% above this industry median. Based on the distribution chart, Yoshinoya Holdings Co ranks #201 out of 254 companies in the Restaurants industry, which is in the bottom quartile relative to peers. Overall, Yoshinoya Holdings Co has a GF Score™ of 80/100, reflecting its overall financial health beyond just this single metric.
How does Yoshinoya Holdings Co's Cyclically Adjusted PB Ratio compare to MCD and SBUX?
According to the Restaurants industry distribution chart, Yoshinoya Holdings Co ranks #201 out of 254 companies for Cyclically Adjusted PB Ratio. This places Yoshinoya Holdings Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.81. Yoshinoya Holdings Co's value of 3.38 is 87.3% above this benchmark. Historically, Yoshinoya Holdings Co's own Cyclically Adjusted PB Ratio has ranged from 1.79 to 4.17 over the past decade. While the company's 10-year median is 2.76 vs. the industry median of 1.81, Yoshinoya Holdings 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 Restaurants company?
The median Cyclically Adjusted PB Ratio among Restaurants companies is 1.81, based on 254 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. Yoshinoya Holdings Co's current Cyclically Adjusted PB Ratio of 3.38 is 87.3% 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 Yoshinoya Holdings Co and its competitors. For the Restaurants industry, the median Cyclically Adjusted PB Ratio is 1.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Yoshinoya Holdings Co's current Cyclically Adjusted PB Ratio is 3.38, which is 22% above median its own 10-year median of 2.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Yoshinoya Holdings Co stock overvalued right now?
Yoshinoya Holdings Co (YNOYF) has a current Cyclically Adjusted PB Ratio of 3.38. The stock's GF Value™ is $16.35, compared to a current price of $17.00 — trading 4% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 3.38, which is 22% above median its 10-year median of 2.76 and 87.3% above the Restaurants industry median of 1.81. Yoshinoya Holdings Co's overall GF Score™ is 80/100 with 3 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 Yoshinoya Holdings Co (YNOYF), the current Cyclically Adjusted PB Ratio is 3.38 as of Aug. 14, 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 Yoshinoya Holdings Co (YNOYF) Overvalued in 2026?

Based on GuruFocus' analysis, Yoshinoya Holdings Co stock appears to be overvalued. The current stock price of $17.00 is trading 4% above its estimated GF Value™ of $16.35.

Key valuation signals for YNOYF:

  • Cyclically Adjusted PB Ratio: 3.38 (22% above median its 10-year median of 2.76)
  • GF Value™: $16.35 vs. price of $17.00 (4% above fair value)
  • GF Score™: 80/100 with 3 warning signs
  • Industry Position: 87.3% above the Restaurants median (#201 of 254)

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


Yoshinoya Holdings Co Business Description

Other Exchanges 9861:Japan
Address 36-2 Nihonbashi Hakozaki-cho, 18th Floor Daiwa Rivergate, Reception on 18th Floor, North Wing, Chuo-ku, Tokyo, JPN, 103-0015
Yoshinoya Holdings Co Ltd owns, operates, and franchises thousands of restaurants mainly in Japan. The company has three business segments: Yoshinoya: Operation of fast food restaurants such as gyudon (beef bowl)restaurants in Japan and management guidance to franchise stores, Hanamaru: Operation of self-service Sanuki udon (noodles) restaurants in Japan and management guidance to franchise stores, etc, Abroad: Operating fast food restaurants such as gyudon (beef bowl) restaurants overseas, and providing management guidance to franchise stores.
80GF Score

Get the complete analysis for YNOYF

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

$17.00
Price
$16.35
GF Value