Ichimasa Kamaboko Co (TSE:2904) Cyclically Adjusted PS Ratio: 0.37 (As of Aug. 27, 2026) — 12% Below Median

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TSE:2904 Ichimasa Kamaboko Co Ltd TSE:2904
63 GF Score
Price 円752.00
GF Value 円781.87
Valuation Fairly Valued
! 4 Warning Signs
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What is Ichimasa Kamaboko Co Cyclically Adjusted PS Ratio?

Ichimasa Kamaboko Co TSE:2904 +0.13% 63 Cyclically Adjusted PS Ratio is 0.37 as of Aug. 27, 2026, which is 12% below its 10-year median of 0.42. GuruFocus rates TSE:2904 with a GF Score™ of 63/100 and a GF Value™ of 円781.87 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,444 Consumer Packaged Goods companies, Ichimasa Kamaboko Co ranks better than 71.47% on this metric.

As of today (2026-08-27), Ichimasa Kamaboko Co's current share price is 円752.00. Ichimasa Kamaboko Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was 円2,049.42. Ichimasa Kamaboko Co's Cyclically Adjusted PS Ratio for today is 0.37.

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

TSE:2904' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.36   Med: 0.42   Max: 0.82
Current: 0.37

During the past years, Ichimasa Kamaboko Co's highest Cyclically Adjusted PS Ratio was 0.82. The lowest was 0.36. And the median was 0.42.

TSE:2904's Cyclically Adjusted PS Ratio is ranked better than
71.47% of 1444 companies
in the Consumer Packaged Goods industry
Industry Median: 0.76 vs TSE:2904: 0.37

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.

Ichimasa Kamaboko Co's adjusted revenue per share data for the three months ended in Mar. 2026 was 円468.272. 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2,049.42 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ichimasa Kamaboko Co  (TSE:2904) 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.


Ichimasa Kamaboko Co Cyclically Adjusted PS Ratio Related Terms


Ichimasa Kamaboko Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Ichimasa Kamaboko 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.

Ichimasa Kamaboko Co Cyclically Adjusted PS Ratio Chart

Ichimasa Kamaboko Co Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25 Jun26
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.42 0.38 0.38 0.36 0.00

Ichimasa Kamaboko Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 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 0.36 0.36 0.36 0.37 0.00

TSE:2904 vs KHC, GIS: Cyclically Adjusted PS Ratio Comparison

For the Packaged Foods subindustry, Ichimasa Kamaboko 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.


Ichimasa Kamaboko Co Cyclically Adjusted PS Ratio vs Consumer Packaged Goods Industry

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

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


TSE:2904
63GF Score
Ichimasa Kamaboko Co Ltd TSE:2904
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Ichimasa Kamaboko 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.

Ichimasa Kamaboko Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=752.00/2049.42
=0.37

* 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.

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

For example, Ichimasa Kamaboko 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)
=468.272/112.7000*112.7000
=468.272

Current CPI (Mar. 2026) = 112.7000.

Ichimasa Kamaboko Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201603 466.090 97.900 536.551
201606 352.695 98.100 405.186
201609 402.747 98.000 463.159
201612 660.942 98.400 756.994
201703 464.678 98.100 533.835
201706 353.212 98.500 404.132
201709 407.549 98.800 464.886
201712 670.912 99.400 760.682
201803 465.134 99.200 528.433
201806 351.323 99.200 399.134
201809 412.338 99.900 465.170
201812 666.753 99.700 753.692
201903 468.892 99.700 530.031
201906 378.958 99.800 427.942
201909 427.809 100.100 481.659
201912 650.841 100.500 729.849
202003 473.096 100.300 531.584
202006 404.469 99.900 456.293
202009 425.630 99.900 480.165
202012 636.399 99.300 722.278
202103 439.914 99.900 496.279
202106 380.309 99.500 430.762
202109 387.377 100.100 436.138
202112 567.164 100.100 638.555
202203 404.847 101.100 451.298
202206 358.092 101.800 396.434
202209 390.687 103.100 427.065
202212 593.126 104.100 642.126
202303 417.179 104.400 450.346
202306 384.509 105.200 411.922
202309 398.841 106.200 423.252
202312 627.050 106.800 661.690
202403 461.360 107.200 485.031
202406 389.296 108.200 405.487
202412 0.000 110.700 0.000
202503 456.660 111.100 463.237
202506 388.289 111.700 391.765
202509 406.035 112.000 408.573
202512 663.718 113.000 661.956
202603 468.272 112.700 468.272

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 0.37 mean?
Ichimasa Kamaboko Co (TSE:2904) has a Cyclically Adjusted PS Ratio of 0.37 as of Aug. 27, 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 Ichimasa Kamaboko Co and its competitors. This is 12% below median its historical median of 0.42. Over the past decade, Ichimasa Kamaboko Co's Cyclically Adjusted PS Ratio has ranged from 0.36 to 0.82. According to the industry distribution chart, Ichimasa Kamaboko Co ranks #412 out of 1444 companies in the Consumer Packaged Goods industry, placing it in the top 28.5%.
Is Ichimasa Kamaboko Co's Cyclically Adjusted PS Ratio too high?
Ichimasa Kamaboko Co's current Cyclically Adjusted PS Ratio of 0.37 is 12% below median its 10-year median of 0.42. Over the past 10 years, this metric has ranged from a low of 0.36 to a high of 0.82. The Consumer Packaged Goods industry median Cyclically Adjusted PS Ratio is 0.76. Ichimasa Kamaboko Co's value of 0.37 is 51.3% below this industry median. Based on the distribution chart, Ichimasa Kamaboko Co ranks #412 out of 1444 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Ichimasa Kamaboko Co has a GF Score™ of 63/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ichimasa Kamaboko Co's Cyclically Adjusted PS Ratio compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Ichimasa Kamaboko Co ranks #412 out of 1444 companies for Cyclically Adjusted PS Ratio. This puts Ichimasa Kamaboko Co in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.76. Ichimasa Kamaboko Co's value of 0.37 is 51.3% below this benchmark. Historically, Ichimasa Kamaboko Co's own Cyclically Adjusted PS Ratio has ranged from 0.36 to 0.82 over the past decade. While the company's 10-year median is 0.42 vs. the industry median of 0.76, Ichimasa Kamaboko 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 1,444 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. Ichimasa Kamaboko Co's current Cyclically Adjusted PS Ratio of 0.37 is 51.3% 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 Ichimasa Kamaboko 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. Ichimasa Kamaboko Co's current Cyclically Adjusted PS Ratio is 0.37, which is 12% below median its own 10-year median of 0.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ichimasa Kamaboko Co stock overvalued right now?
Based on GuruFocus' analysis, Ichimasa Kamaboko Co (TSE:2904) is currently considered Fairly Valued. The stock's GF Value™ is 円781.87, compared to a current price of 円752.00 — trading 3.8% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.37, which is 12% below median its 10-year median of 0.42 and 51.3% below the Consumer Packaged Goods industry median of 0.76. Ichimasa Kamaboko Co's overall GF Score™ is 63/100 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 Ichimasa Kamaboko Co (TSE:2904), the current Cyclically Adjusted PS Ratio is 0.37 as of Aug. 27, 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 Ichimasa Kamaboko Co (TSE:2904) Overvalued in 2026?

Based on GuruFocus' analysis, Ichimasa Kamaboko Co stock appears to be undervalued. The current stock price of 円752.00 is trading 3.8% below its estimated GF Value™ of 円781.87. GuruFocus considers Ichimasa Kamaboko Co to be Fairly Valued.

Key valuation signals for TSE:2904:

  • Cyclically Adjusted PS Ratio: 0.37 (12% below median its 10-year median of 0.42)
  • GF Value™: 円781.87 vs. price of 円752.00 (3.8% below fair value)
  • GF Score™: 63/100 with 4 warning signs
  • Industry Position: 51.3% below the Consumer Packaged Goods median (#412 of 1444)

No single metric tells the full story. See the TSE:2904 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ichimasa Kamaboko Co Business Description

Address 7-77 Tsushimaya, Niigata, JPN, 950-8735
Ichimasa Kamaboko Co Ltd is a Japan-based food manufacturing company. It produces and sells fish paste and fish related products. It offers processed egg products. It is also developing technology for frozen fish paste.
63GF Score

Get the complete analysis for TSE:2904

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

円752.00
Price
円781.87
GF Value