Bull-Doguce Co (TSE:2804) Cyclically Adjusted PS Ratio: 1.44 (As of Aug. 29, 2026) — Near Median

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TSE:2804 Bull-Dog Sauce Co Ltd TSE:2804
64 GF Score
Price 円1,871.00
GF Value 円2,145.03
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Bull-Doguce Co Cyclically Adjusted PS Ratio?

Bull-Doguce Co TSE:2804 +0.21% 64 Cyclically Adjusted PS Ratio is 1.44 as of Aug. 29, 2026, which is 1% above its 10-year median of 1.43. GuruFocus rates TSE:2804 with a GF Score™ of 64/100 and a GF Value™ of 円2,145.03 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,445 Consumer Packaged Goods companies, Bull-Doguce Co ranks worse than 68.3% on this metric.

As of today (2026-08-29), Bull-Doguce Co's current share price is 円1871.00. Bull-Doguce Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was 円1,295.85. Bull-Doguce Co's Cyclically Adjusted PS Ratio for today is 1.44.

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

TSE:2804' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.8   Med: 1.43   Max: 2.43
Current: 1.42

During the past years, Bull-Doguce Co's highest Cyclically Adjusted PS Ratio was 2.43. The lowest was 0.80. And the median was 1.43.

TSE:2804's Cyclically Adjusted PS Ratio is ranked worse than
68.3% of 1445 companies
in the Consumer Packaged Goods industry
Industry Median: 0.76 vs TSE:2804: 1.42

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.

Bull-Doguce Co's adjusted revenue per share data for the three months ended in Mar. 2026 was 円269.323. 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1,295.85 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bull-Doguce Co  (TSE:2804) 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.


Bull-Doguce Co Cyclically Adjusted PS Ratio Related Terms


Bull-Doguce Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Bull-Doguce 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.

Bull-Doguce Co Cyclically Adjusted PS Ratio Chart

Bull-Doguce 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 1.71 1.51 1.63 0.00 1.44

Bull-Doguce Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 1.39 1.55 1.42 1.44 0.00

TSE:2804 vs KHC, GIS: Cyclically Adjusted PS Ratio Comparison

For the Packaged Foods subindustry, Bull-Doguce 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.


Bull-Doguce Co Cyclically Adjusted PS Ratio vs Consumer Packaged Goods Industry

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

* The bar in red indicates where Bull-Doguce Co's Cyclically Adjusted PS Ratio falls into.


TSE:2804
64GF Score
Bull-Dog Sauce Co Ltd TSE:2804
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bull-Doguce 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.

Bull-Doguce Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1871.00/1295.85
=1.44

* 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.

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

For example, Bull-Doguce 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)
=269.323/112.7000*112.7000
=269.323

Current CPI (Mar. 2026) = 112.7000.

Bull-Doguce Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201603 298.082 97.900 343.144
201606 314.430 98.100 361.226
201609 307.614 98.000 353.756
201612 307.251 98.400 351.902
201703 300.793 98.100 345.559
201706 316.677 98.500 362.330
201709 311.535 98.800 355.364
201712 319.127 99.400 361.827
201803 295.666 99.200 335.903
201806 326.377 99.200 370.793
201809 314.021 99.900 354.256
201812 327.475 99.700 370.175
201903 300.404 99.700 339.574
201906 325.798 99.800 367.910
201909 317.598 100.100 357.575
201912 331.807 100.500 372.086
202003 309.913 100.300 348.227
202006 354.926 99.900 400.402
202009 321.644 99.900 362.856
202012 333.983 99.300 379.052
202103 308.939 99.900 348.523
202106 254.689 99.500 288.477
202109 243.407 100.100 274.046
202112 252.577 100.100 284.370
202203 241.593 101.100 269.313
202206 256.923 101.800 284.432
202209 241.829 103.100 264.347
202212 267.068 104.100 289.131
202303 247.920 104.400 267.630
202306 271.572 105.200 290.933
202309 272.067 106.200 288.719
202312 284.213 106.800 299.914
202403 256.743 107.200 269.915
202406 284.974 108.200 296.826
202409 275.597 108.900 285.214
202503 0.000 111.100 0.000
202506 283.272 111.700 285.808
202509 283.785 112.000 285.559
202512 298.971 113.000 298.177
202603 269.323 112.700 269.323

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 1.44 mean?
Bull-Doguce Co (TSE:2804) has a Cyclically Adjusted PS Ratio of 1.44 as of Aug. 29, 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 Bull-Doguce Co and its competitors. This is near median its historical median of 1.43. Over the past decade, Bull-Doguce Co's Cyclically Adjusted PS Ratio has ranged from 0.80 to 2.43. According to the industry distribution chart, Bull-Doguce Co ranks #987 out of 1445 companies in the Consumer Packaged Goods industry, placing it in the top 68.3%.
Is Bull-Doguce Co's Cyclically Adjusted PS Ratio too high?
Bull-Doguce Co's current Cyclically Adjusted PS Ratio of 1.44 is near median its 10-year median of 1.43. Over the past 10 years, this metric has ranged from a low of 0.80 to a high of 2.43. The Consumer Packaged Goods industry median Cyclically Adjusted PS Ratio is 0.76. Bull-Doguce Co's value of 1.44 is 89.5% above this industry median. Based on the distribution chart, Bull-Doguce Co ranks #987 out of 1445 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Bull-Doguce Co has a GF Score™ of 64/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Bull-Doguce Co's Cyclically Adjusted PS Ratio compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Bull-Doguce Co ranks #987 out of 1445 companies for Cyclically Adjusted PS Ratio. This places Bull-Doguce Co in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.76. Bull-Doguce Co's value of 1.44 is 89.5% above this benchmark. Historically, Bull-Doguce Co's own Cyclically Adjusted PS Ratio has ranged from 0.80 to 2.43 over the past decade. While the company's 10-year median is 1.43 vs. the industry median of 0.76, Bull-Doguce 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 1,445 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. Bull-Doguce Co's current Cyclically Adjusted PS Ratio of 1.44 is 89.5% 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 Bull-Doguce 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. Bull-Doguce Co's current Cyclically Adjusted PS Ratio is 1.44, which is near median its own 10-year median of 1.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bull-Doguce Co stock overvalued right now?
Based on GuruFocus' analysis, Bull-Doguce Co (TSE:2804) is currently considered Modestly Undervalued. The stock's GF Value™ is 円2,145.03, compared to a current price of 円1,871.00 — trading 12.8% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.44, which is near median its 10-year median of 1.43 and 89.5% above the Consumer Packaged Goods industry median of 0.76. Bull-Doguce Co's overall GF Score™ is 64/100 with 5 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 Bull-Doguce Co (TSE:2804), the current Cyclically Adjusted PS Ratio is 1.44 as of Aug. 29, 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 Bull-Doguce Co (TSE:2804) Overvalued in 2026?

Based on GuruFocus' analysis, Bull-Doguce Co stock appears to be undervalued. The current stock price of 円1,871.00 is trading 12.8% below its estimated GF Value™ of 円2,145.03. GuruFocus considers Bull-Doguce Co to be Modestly Undervalued.

Key valuation signals for TSE:2804:

  • Cyclically Adjusted PS Ratio: 1.44 (near median its 10-year median of 1.43)
  • GF Value™: 円2,145.03 vs. price of 円1,871.00 (12.8% below fair value)
  • GF Score™: 64/100 with 5 warning signs
  • Industry Position: 89.5% above the Consumer Packaged Goods median (#987 of 1445)

No single metric tells the full story. See the TSE:2804 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bull-Doguce Co Business Description

Address 11-5 Kabuto-cho, Nihonbashi, Chuo-ku, Tokyo, JPN, 103-0026
Bull-Dog Sauce Co Ltd is engaged in the business to manufacture and sale sauces and other seasonings. The product line includes - Okonomiyaki sauce, Yakisoba sauce, Takoyaki sauce, and Cooking sauce.
64GF Score

Get the complete analysis for TSE:2804

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

円1,871.00
Price
円2,145.03
GF Value