Meiji Holdings Co (TSE:2269) Cyclically Adjusted PS Ratio: 0.86 (As of Jul. 30, 2026) — Near Median

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TSE:2269 Meiji Holdings Co Ltd TSE:2269
67 GF Score
Price 円3,973.00
GF Value 円3,767.23
Valuation Fairly Valued
! 9 Warning Signs
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What is Meiji Holdings Co Cyclically Adjusted PS Ratio?

Meiji Holdings Co TSE:2269 +3.63% 67 Cyclically Adjusted PS Ratio is 0.86 as of Jul. 30, 2026, which is 4% above its 10-year median of 0.83. GuruFocus rates TSE:2269 with a GF Score™ of 67/100 and a GF Value™ of 円3,767.23 (Fairly Valued). The stock has 9 warning signs investors should review. Among 1,451 Consumer Packaged Goods companies, Meiji Holdings Co ranks worse than 51.62% on this metric.

As of today (2026-07-30), Meiji Holdings Co's current share price is 円3973.00. Meiji Holdings Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was 円4,601.82. Meiji Holdings Co's Cyclically Adjusted PS Ratio for today is 0.86.

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

TSE:2269' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.64   Med: 0.83   Max: 1.25
Current: 0.81

During the past years, Meiji Holdings Co's highest Cyclically Adjusted PS Ratio was 1.25. The lowest was 0.64. And the median was 0.83.

TSE:2269's Cyclically Adjusted PS Ratio is ranked worse than
51.62% of 1451 companies
in the Consumer Packaged Goods industry
Industry Median: 0.76 vs TSE:2269: 0.81

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.

Meiji Holdings Co's adjusted revenue per share data for the three months ended in Mar. 2026 was 円1,075.057. 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4,601.82 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Meiji Holdings Co  (TSE:2269) 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.


Meiji Holdings Co Cyclically Adjusted PS Ratio Related Terms


Meiji Holdings Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Meiji Holdings 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.

Meiji Holdings Co Cyclically Adjusted PS Ratio Chart

Meiji Holdings Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.79 0.72 0.76 0.71 0.84

Meiji Holdings 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 0.71 0.69 0.67 0.75 0.84

TSE:2269 vs KHC, GIS: Cyclically Adjusted PS Ratio Comparison

For the Packaged Foods subindustry, Meiji Holdings 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.


Meiji Holdings Co Cyclically Adjusted PS Ratio vs Consumer Packaged Goods Industry

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

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


TSE:2269
67GF Score
Meiji Holdings Co Ltd TSE:2269
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Meiji Holdings 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.

Meiji Holdings Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3973.00/4601.82
=0.86

* 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.

Meiji Holdings Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Meiji Holdings Co's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=1075.057/112.7000*112.7000
=1,075.057

Current CPI (Mar. 2026) = 112.7000.

Meiji Holdings Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 1,022.534 98.100 1,174.715
201609 1,038.279 98.000 1,194.021
201612 1,111.584 98.400 1,273.125
201703 1,049.534 98.100 1,205.734
201706 1,034.652 98.500 1,183.810
201709 1,069.466 98.800 1,219.927
201712 1,121.773 99.400 1,271.869
201803 1,048.375 99.200 1,191.047
201806 1,022.041 99.200 1,161.129
201809 1,088.024 99.900 1,227.430
201812 1,167.734 99.700 1,319.996
201903 1,046.937 99.700 1,183.448
201906 1,030.583 99.800 1,163.795
201909 1,100.050 100.100 1,238.518
201912 1,148.071 100.500 1,287.439
202003 1,039.229 100.300 1,167.708
202006 969.087 99.900 1,093.254
202009 1,046.982 99.900 1,181.130
202012 1,088.057 99.300 1,234.884
202103 1,002.877 99.900 1,131.374
202106 812.971 99.500 920.822
202109 912.305 100.100 1,027.141
202112 932.283 100.100 1,049.633
202203 863.267 101.100 962.316
202206 1,754.942 101.800 1,942.848
202209 960.048 103.100 1,049.441
202212 1,000.674 104.100 1,083.343
202303 947.242 104.400 1,022.550
202306 942.449 105.200 1,009.639
202309 1,015.659 106.200 1,077.823
202312 1,028.122 106.800 1,084.919
202403 976.296 107.200 1,026.386
202406 1,003.605 108.200 1,045.345
202409 1,055.210 108.900 1,092.031
202412 1,118.041 110.700 1,138.240
202503 1,022.146 111.100 1,036.866
202506 1,009.998 111.700 1,019.040
202509 1,112.044 112.000 1,118.994
202512 1,134.443 113.000 1,131.431
202603 1,075.057 112.700 1,075.057

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 0.86 mean?
Meiji Holdings Co (TSE:2269) has a Cyclically Adjusted PS Ratio of 0.86 as of Jul. 30, 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 Meiji Holdings Co and its competitors. This is near median its historical median of 0.83. Over the past decade, Meiji Holdings Co's Cyclically Adjusted PS Ratio has ranged from 0.64 to 1.25. According to the industry distribution chart, Meiji Holdings Co ranks #749 out of 1451 companies in the Consumer Packaged Goods industry, placing it in the top 51.6%.
Is Meiji Holdings Co's Cyclically Adjusted PS Ratio too high?
Meiji Holdings Co's current Cyclically Adjusted PS Ratio of 0.86 is near median its 10-year median of 0.83. Over the past 10 years, this metric has ranged from a low of 0.64 to a high of 1.25. The Consumer Packaged Goods industry median Cyclically Adjusted PS Ratio is 0.76. Meiji Holdings Co's value of 0.86 is 13.2% above this industry median. Based on the distribution chart, Meiji Holdings Co ranks #749 out of 1451 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Meiji Holdings Co has a GF Score™ of 67/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Meiji Holdings Co's Cyclically Adjusted PS Ratio compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Meiji Holdings Co ranks #749 out of 1451 companies for Cyclically Adjusted PS Ratio. This places Meiji Holdings Co in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.76. Meiji Holdings Co's value of 0.86 is 13.2% above this benchmark. Historically, Meiji Holdings Co's own Cyclically Adjusted PS Ratio has ranged from 0.64 to 1.25 over the past decade. While the company's 10-year median is 0.83 vs. the industry median of 0.76, Meiji 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 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. Meiji Holdings Co's current Cyclically Adjusted PS Ratio of 0.86 is 13.2% 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 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 Meiji Holdings 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. Meiji Holdings Co's current Cyclically Adjusted PS Ratio is 0.86, which is near median its own 10-year median of 0.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Meiji Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Meiji Holdings Co (TSE:2269) is currently considered Fairly Valued. The stock's GF Value™ is 円3,767.23, compared to a current price of 円3,973.00 — trading 5.5% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.86, which is near median its 10-year median of 0.83 and 13.2% above the Consumer Packaged Goods industry median of 0.76. Meiji Holdings Co's overall GF Score™ is 67/100 with 9 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 Meiji Holdings Co (TSE:2269), the current Cyclically Adjusted PS Ratio is 0.86 as of Jul. 30, 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 Meiji Holdings Co (TSE:2269) Overvalued in 2026?

Based on GuruFocus' analysis, Meiji Holdings Co stock appears to be overvalued. The current stock price of 円3,973.00 is trading 5.5% above its estimated GF Value™ of 円3,767.23. GuruFocus considers Meiji Holdings Co to be Fairly Valued.

Key valuation signals for TSE:2269:

  • Cyclically Adjusted PS Ratio: 0.86 (near median its 10-year median of 0.83)
  • GF Value™: 円3,767.23 vs. price of 円3,973.00 (5.5% above fair value)
  • GF Score™: 67/100 with 9 warning signs
  • Industry Position: 13.2% above the Consumer Packaged Goods median (#749 of 1451)

No single metric tells the full story. See the TSE:2269 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Meiji Holdings Co Business Description

Other Exchanges MEJHY:USA3M0:Germany
Address 2-4-16 Kyobashi, Chuo-ku, Tokyo, JPN, 104-0031
Meiji Holdings was established in 2009 as a merged entity of Meiji Dairies, Japan's largest dairy company, and Meiji Seika, the country's number-two confectionery maker. A surge in commodity prices, Japan's aging and shrinking population, and fierce competition propelled the amalgamation. The food business—dairy, cacao, nutrition, and food solutions—represents about 80% of the group's sales and 70% of profits. The rest comes from the pharmaceutical business, specializing in antibacterial and generic drugs, as well as vaccines. Overseas food operations, mainly in China, the US, and Southeast Asia, constitute merely 6.5% of the group's sales, which are in the red due to a surge in investment in China's new factories and fierce price competition initiated by Chinese dairymakers.
67GF Score

Get the complete analysis for TSE:2269

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

円3,973.00
Price
円3,767.23
GF Value