Yamazaki Baking Co (TSE:2212) Cyclically Adjusted PS Ratio: 0.62 (As of Sep. 22, 2026) — 38% Above Median

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TSE:2212 Yamazaki Baking Co Ltd TSE:2212
79 GF Score
Price 円3,647.00
GF Value 円3,461.92
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Yamazaki Baking Co Cyclically Adjusted PS Ratio?

Yamazaki Baking Co TSE:2212 -3.39% 79 Cyclically Adjusted PS Ratio is 0.62 as of Sep. 22, 2026, which is 38% above its 10-year median of 0.45. GuruFocus rates TSE:2212 with a GF Score™ of 79/100 and a GF Value™ of 円3,461.92 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,455 Consumer Packaged Goods companies, Yamazaki Baking Co ranks better than 54.98% on this metric.

As of today (2026-09-22), Yamazaki Baking Co's current share price is 円3647.00. Yamazaki Baking Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was 円5,875.33. Yamazaki Baking Co's Cyclically Adjusted PS Ratio for today is 0.62.

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: 0.66

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
54.98% of 1455 companies
in the Consumer Packaged Goods industry
Industry Median: 0.77 vs TSE:2212: 0.66

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 Jun. 2026 was 円1,741.776. 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5,875.33 for the trailing ten years ended in Jun. 2026.

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 0.32 0.62 0.54 0.57

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 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 0.57 0.58 0.57 0.61 0.55

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
79GF 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
=3647.00/5875.331
=0.62

* 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 Jun. 2026 is calculated as:

For example, Yamazaki Baking Co's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=1741.776/113.6000*113.6000
=1,741.776

Current CPI (Jun. 2026) = 113.6000.

Yamazaki Baking Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 1,148.432 98.000 1,331.244
201612 1,227.046 98.400 1,416.590
201703 1,168.274 98.100 1,352.864
201706 1,214.973 98.500 1,401.228
201709 1,165.712 98.800 1,340.333
201712 1,250.378 99.400 1,429.003
201803 1,202.033 99.200 1,376.522
201806 1,227.434 99.200 1,405.610
201809 1,176.826 99.900 1,338.213
201812 1,261.475 99.700 1,437.348
201903 1,192.368 99.700 1,358.606
201906 1,218.222 99.800 1,386.674
201909 1,180.189 100.100 1,339.355
201912 1,290.521 100.500 1,458.738
202003 1,190.334 100.300 1,348.175
202006 1,145.667 99.900 1,302.780
202009 1,111.811 99.900 1,264.282
202012 1,219.998 99.300 1,395.688
202103 1,175.131 99.900 1,336.285
202106 1,218.893 99.500 1,391.621
202109 1,173.888 100.100 1,332.205
202112 1,366.864 100.100 1,551.206
202203 1,232.482 101.100 1,384.866
202206 1,287.055 101.800 1,436.242
202209 1,264.772 103.100 1,393.580
202212 1,365.451 104.100 1,490.060
202303 1,335.490 104.400 1,453.177
202306 1,394.021 105.200 1,505.331
202309 1,370.599 106.200 1,466.102
202312 1,599.078 106.800 1,700.892
202403 1,501.253 107.200 1,590.880
202406 1,535.623 108.200 1,612.262
202409 1,517.718 108.900 1,583.221
202412 1,633.612 110.700 1,676.408
202503 1,608.001 111.100 1,644.185
202506 1,680.029 111.700 1,708.606
202509 1,596.263 112.000 1,619.067
202512 1,737.564 113.000 1,746.790
202603 1,691.793 112.700 1,705.303
202606 1,741.776 113.600 1,741.776

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 0.62 mean?
Yamazaki Baking Co (TSE:2212) has a Cyclically Adjusted PS Ratio of 0.62 as of Sep. 22, 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 38% 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 #655 out of 1455 companies in the Consumer Packaged Goods industry, placing it in the top 45%.
Is Yamazaki Baking Co's Cyclically Adjusted PS Ratio too high?
Yamazaki Baking Co's current Cyclically Adjusted PS Ratio of 0.62 is 38% 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 0.77. Yamazaki Baking Co's value of 0.62 is 19.5% below this industry median. Based on the distribution chart, Yamazaki Baking Co ranks #655 out of 1455 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Yamazaki Baking Co has a GF Score™ of 79/100 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 #655 out of 1455 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 0.77. Yamazaki Baking Co's value of 0.62 is 19.5% 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 0.77, 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 0.77, based on 1,455 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 0.62 is 19.5% 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 0.77 — 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 0.62, which is 38% 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3,461.92, compared to a current price of 円3,647.00 — trading 5.3% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.62, which is 38% above median its 10-year median of 0.45 and 19.5% below the Consumer Packaged Goods industry median of 0.77. Yamazaki Baking Co's overall GF Score™ is 79/100 with 4 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 0.62 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 Yamazaki Baking Co (TSE:2212) Overvalued in 2026?

Based on GuruFocus' analysis, Yamazaki Baking Co stock appears to be overvalued. The current stock price of 円3,647.00 is trading 5.3% above its estimated GF Value™ of 円3,461.92. GuruFocus considers Yamazaki Baking Co to be Fairly Valued.

Key valuation signals for TSE:2212:

  • Cyclically Adjusted PS Ratio: 0.62 (38% above median its 10-year median of 0.45)
  • GF Value™: 円3,461.92 vs. price of 円3,647.00 (5.3% above fair value)
  • GF Score™: 79/100 with 4 warning signs
  • Industry Position: 19.5% below the Consumer Packaged Goods median (#655 of 1455)

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 Japanese bakery and food company centered on bread, sweet and savory baked goods, and confectionery. Its core Food segment manufactures and sells packaged bread, pastries, cakes, and related items under brands such as Pasco and Yamazaki, supplying supermarkets, convenience stores, and other retailers across Japan. The company also operates bakery cafes and retail outlets and has expanded into overseas markets, particularly in Asia and the United States. Its Distribution segment runs convenience stores and food supermarkets, while other operations include logistics, food plant engineering and construction, insurance agency services, and cleaning products for baking equipment. The Food segment accounts for the large majority of revenue, with distribution and related services supporting the vertically integrated bakery business.
79GF 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3,647.00
Price
円3,461.92
GF Value