Yamazaki Baking Co (TSE:2212) Cyclically Adjusted PS Ratio: 0.57 (As of Aug. 03, 2026) — 27% Above Median

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TSE:2212 Yamazaki Baking Co Ltd TSE:2212
82 GF Score
Price 円3,307.00
GF Value 円3,394.76
Valuation Fairly Valued
! 2 Warning Signs
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What is Yamazaki Baking Co Cyclically Adjusted PS Ratio?

Yamazaki Baking Co TSE:2212 -1.55% 82 Cyclically Adjusted PS Ratio is 0.57 as of Aug. 03, 2026, which is 27% above its 10-year median of 0.45. GuruFocus rates TSE:2212 with a GF Score™ of 82/100 and a GF Value™ of 円3,394.76 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,451 Consumer Packaged Goods companies, Yamazaki Baking Co ranks better than 58.3% on this metric.

As of today (2026-08-03), Yamazaki Baking Co's current share price is 円3307.00. Yamazaki Baking Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2025 was 円5,769.01. Yamazaki Baking Co's Cyclically Adjusted PS Ratio for today is 0.57.

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

TSE:2212' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.29   Med: 0.45   Max: 0.78
Current: 0.58

During the past years, Yamazaki Baking Co's highest Cyclically Adjusted PS Ratio was 0.78. The lowest was 0.29. And the median was 0.45.

TSE:2212's Cyclically Adjusted PS Ratio is ranked better than
58.3% of 1451 companies
in the Consumer Packaged Goods industry
Industry Median: 0.76 vs TSE:2212: 0.58

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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Yamazaki Baking Co's adjusted revenue per share data for the three months ended in Dec. 2025 was 円1,736.112. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is 円5,769.01 for the trailing ten years ended in Dec. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Yamazaki Baking Co  (TSE:2212) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue 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 PS Ratio should give similar results to regular PS Ratio.


Yamazaki Baking Co Cyclically Adjusted PS Ratio Related Terms


Yamazaki Baking Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Yamazaki Baking Co's Cyclically Adjusted PS 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 PS Ratio Chart

Yamazaki Baking Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.32 0.31 0.62 0.53 0.57

Yamazaki Baking 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 PS 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 0.52 0.57 0.58 0.57 0.00

TSE:2212 vs KHC, GIS: Cyclically Adjusted PS Ratio Comparison

For the Packaged Foods subindustry, Yamazaki Baking Co's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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 PS Ratio vs Consumer Packaged Goods Industry

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

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


TSE:2212
82GF Score
Yamazaki Baking Co Ltd TSE:2212
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Yamazaki Baking Co Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS 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 PS Ratio.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3307.00/5769.01
=0.57

* 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 Revenue per Share for the quarter that ended in Dec. 2025 is calculated as:

For example, Yamazaki Baking Co's adjusted Revenue per Share data for the three months ended in Dec. 2025 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=1736.112/113.0000*113.0000
=1,736.112

Current CPI (Dec. 2025) = 113.0000.

Yamazaki Baking Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201603 1,175.468 97.900 1,356.771
201606 1,197.152 98.100 1,378.982
201609 1,148.380 98.000 1,324.152
201612 1,227.046 98.400 1,409.108
201703 1,168.274 98.100 1,345.718
201706 1,214.970 98.500 1,393.823
201709 1,165.708 98.800 1,333.249
201712 1,250.379 99.400 1,421.457
201803 1,202.033 99.200 1,369.251
201806 1,226.614 99.200 1,397.252
201809 1,176.504 99.900 1,330.780
201812 1,261.304 99.700 1,429.562
201903 1,192.368 99.700 1,351.430
201906 1,218.219 99.800 1,379.346
201909 1,180.186 100.100 1,332.278
201912 1,290.523 100.500 1,451.036
202003 1,190.334 100.300 1,341.054
202006 1,145.668 99.900 1,295.901
202009 1,111.812 99.900 1,257.605
202012 1,220.000 99.300 1,388.318
202103 1,175.131 99.900 1,329.227
202106 1,217.033 99.500 1,382.158
202109 1,173.180 100.100 1,324.369
202112 1,366.411 100.100 1,542.502
202203 1,232.482 101.100 1,377.552
202206 1,285.208 101.800 1,426.606
202209 1,264.046 103.100 1,385.424
202212 1,365.020 104.100 1,481.722
202303 1,335.483 104.400 1,445.494
202306 1,392.727 105.200 1,495.990
202309 1,370.103 106.200 1,457.831
202312 1,598.770 106.800 1,691.582
202403 1,501.253 107.200 1,582.478
202406 1,533.803 108.200 1,601.846
202409 1,490.539 108.900 1,546.657
202412 1,610.967 110.700 1,644.438
202503 1,608.043 111.100 1,635.543
202506 1,676.820 111.700 1,696.335
202509 1,604.795 112.000 1,619.124
202512 1,736.112 113.000 1,736.112

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue 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 PS Ratio of 0.57 mean?
Yamazaki Baking Co (TSE:2212) has a Cyclically Adjusted PS Ratio of 0.57 as of Aug. 03, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Yamazaki Baking Co and its competitors. This is 27% above median its historical median of 0.45. Over the past decade, Yamazaki Baking Co's Cyclically Adjusted PS Ratio has ranged from 0.29 to 0.78. According to the industry distribution chart, Yamazaki Baking Co ranks #605 out of 1451 companies in the Consumer Packaged Goods industry, placing it in the top 41.7%.
Is Yamazaki Baking Co's Cyclically Adjusted PS Ratio too high?
Yamazaki Baking Co's current Cyclically Adjusted PS Ratio of 0.57 is 27% above median its 10-year median of 0.45. Over the past 10 years, this metric has ranged from a low of 0.29 to a high of 0.78. The Consumer Packaged Goods industry median Cyclically Adjusted PS Ratio is 0.76. Yamazaki Baking Co's value of 0.57 is 25% below this industry median. Based on the distribution chart, Yamazaki Baking Co ranks #605 out of 1451 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Yamazaki Baking Co has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Yamazaki Baking Co's Cyclically Adjusted PS Ratio compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Yamazaki Baking Co ranks #605 out of 1451 companies for Cyclically Adjusted PS Ratio. This puts Yamazaki Baking Co in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.76. Yamazaki Baking Co's value of 0.57 is 25% below this benchmark. Historically, Yamazaki Baking Co's own Cyclically Adjusted PS Ratio has ranged from 0.29 to 0.78 over the past decade. While the company's 10-year median is 0.45 vs. the industry median of 0.76, Yamazaki Baking 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 PS Ratio for a Consumer Packaged Goods company?
The median Cyclically Adjusted PS Ratio among Consumer Packaged Goods companies is 0.76, based on 1,451 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS 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 PS Ratio of 0.57 is 25% 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 PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue 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 PS Ratio is 0.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Yamazaki Baking Co's current Cyclically Adjusted PS Ratio is 0.57, which is 27% above median its own 10-year median of 0.45. 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?
Based on GuruFocus' analysis, Yamazaki Baking Co (TSE:2212) is currently considered Fairly Valued. The stock's GF Value™ is 円3,394.76, compared to a current price of 円3,307.00 — trading 2.6% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.57, which is 27% above median its 10-year median of 0.45 and 25% below the Consumer Packaged Goods industry median of 0.76. Yamazaki Baking Co's overall GF Score™ is 82/100 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 PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Yamazaki Baking Co (TSE:2212), the current Cyclically Adjusted PS Ratio is 0.57 as of Aug. 03, 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 (TSE:2212) Overvalued in 2026?

Based on GuruFocus' analysis, Yamazaki Baking Co stock appears to be undervalued. The current stock price of 円3,307.00 is trading 2.6% below its estimated GF Value™ of 円3,394.76. GuruFocus considers Yamazaki Baking Co to be Fairly Valued.

Key valuation signals for TSE:2212:

  • Cyclically Adjusted PS Ratio: 0.57 (27% above median its 10-year median of 0.45)
  • GF Value™: 円3,394.76 vs. price of 円3,307.00 (2.6% below fair value)
  • GF Score™: 82/100 with 2 warning signs
  • Industry Position: 25% below the Consumer Packaged Goods median (#605 of 1451)

No single metric tells the full story. See the TSE:2212 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Yamazaki Baking Co Business Description

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.
82GF Score

Get the complete analysis for TSE:2212

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

円3,307.00
Price
円3,394.76
GF Value