Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Pickles Holdings CoTSE:2935 57 Dividend Payout Ratio is 0.58 as of Feb. 2026, which is 123% above its 10-year median of 0.26. GuruFocus rates TSE:2935 with a GF Score™ of 57/100 and a GF Value™ of 円1,116.12 (Fairly Valued). The stock has 3 warning signs investors should review. Among 995 Consumer Packaged Goods companies, Pickles Holdings Co ranks better than 75.58% on this metric.
The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Pickles Holdings Co's Dividend Payout Ratio for the
months ended in Feb. 2026 was 0.58.
The historical rank and industry rank for Pickles Holdings Co's Dividend Payout Ratio or its related term are showing as below:
TSE:2935'
s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.24 Med: 0.26 Max: 0.34
Current: 0.26
During the past 4 years, the highest Dividend Payout Ratio of Pickles Holdings Co was 0.34. The lowest was 0.24. And the median was 0.26.
TSE:2935's Dividend Payout Ratio is ranked better than 75.58% of 995
companies
in the Consumer Packaged Goods industry
Industry Median: 0.43
vs TSE:2935: 0.26
During the past 12 months, Pickles Holdings Co's average Dividends Per Share Growth Rate was 11.50% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 13.20% per year.
During the past 4 years, the highest 3-Year average Dividends Per Share Growth Rate of Pickles Holdings Co was 13.20% per year. The lowest was 13.20% per year. And the median was 13.20% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.
Pickles Holdings Co (TSE:2935) Dividend Payout Ratio Explanation
In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.
Pickles Holdings Co Dividend Payout Ratio Related Terms
Pickles Holdings Co Dividend Payout Ratio Historical Data
* Premium members only.
The historical data trend for Pickles Holdings Co's Dividend Payout 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.
TSE:2935 vs KHC, GIS: Dividend Payout Ratio Comparison
For the Packaged Foods subindustry, Pickles Holdings Co's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout 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.
Pickles Holdings Co Dividend Payout Ratio vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Pickles Holdings Co's Dividend Payout Ratio distribution charts can be found below:
* The bar in red indicates where Pickles Holdings Co's Dividend Payout Ratio falls into.
Pickles Holdings Co Dividend Payout Ratio Calculation
The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.
Pickles Holdings Co's Dividend Payout Ratio for the fiscal year that ended in Feb. 2026 is calculated as
* 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.
Pickles Holdings Co (TSE:2935) has a Dividend Payout Ratio of 0.58 as of Feb. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Pickles Holdings Co and its competitors. This is 123% above median its historical median of 0.26. Over the past decade, Pickles Holdings Co's Dividend Payout Ratio has ranged from 0.24 to 0.34. According to the industry distribution chart, Pickles Holdings Co ranks #243 out of 995 companies in the Consumer Packaged Goods industry, placing it in the top 24.4%.
Is Pickles Holdings Co's Dividend Payout Ratio too high?
Pickles Holdings Co's current Dividend Payout Ratio of 0.58 is 123% above median its 10-year median of 0.26. Over the past 10 years, this metric has ranged from a low of 0.24 to a high of 0.34. The Consumer Packaged Goods industry median Dividend Payout Ratio is 0.43. Pickles Holdings Co's value of 0.58 is 34.9% above this industry median. Based on the distribution chart, Pickles Holdings Co ranks #243 out of 995 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Pickles Holdings Co has a GF Score™ of 57/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Pickles Holdings Co's Dividend Payout Ratio compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Pickles Holdings Co ranks #243 out of 995 companies for Dividend Payout Ratio. This places Pickles Holdings Co in the top 24% of its industry — outperforming the majority of peers. The industry median Dividend Payout Ratio is 0.43. Pickles Holdings Co's value of 0.58 is 34.9% above this benchmark. Historically, Pickles Holdings Co's own Dividend Payout Ratio has ranged from 0.24 to 0.34 over the past decade. While the company's 10-year median is 0.26 vs. the industry median of 0.43, Pickles 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 Dividend Payout Ratio for a Consumer Packaged Goods company?
The median Dividend Payout Ratio among Consumer Packaged Goods companies is 0.43, based on 995 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Pickles Holdings Co's current Dividend Payout Ratio of 0.58 is 34.9% 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 Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Pickles Holdings Co and its competitors. For the Consumer Packaged Goods industry, the median Dividend Payout Ratio is 0.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pickles Holdings Co's current Dividend Payout Ratio is 0.58, which is 123% above median its own 10-year median of 0.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pickles Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Pickles Holdings Co (TSE:2935) is currently considered Fairly Valued. The stock's GF Value™ is 円1,116.12, compared to a current price of 円1,173.00 — trading 5.1% above its estimated fair value. The current Dividend Payout Ratio is 0.58, which is 123% above median its 10-year median of 0.26 and 34.9% above the Consumer Packaged Goods industry median of 0.43. Pickles Holdings Co's overall GF Score™ is 57/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For Pickles Holdings Co (TSE:2935), the current Dividend Payout Ratio is 0.58 as of Feb. 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 Pickles Holdings Co (TSE:2935) Overvalued in 2026?
Based on GuruFocus' analysis, Pickles Holdings Co stock appears to be overvalued.
The current stock price of 円1,173.00 is trading 5.1% above its estimated GF Value™ of 円1,116.12.
GuruFocus considers Pickles Holdings Co to be Fairly Valued.
Key valuation signals for TSE:2935:
Dividend Payout Ratio: 0.58 (123% above median its 10-year median of 0.26)
GF Value™: 円1,116.12 vs. price of 円1,173.00 (5.1% above fair value)
Industry Position: 34.9% above the Consumer Packaged Goods median (#243 of 995)
No single metric tells the full story. See the TSE:2935 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Pickles Holdings Co Ltd engages through its subsidiary in the manufacture and sale of pickled vegetables and side dishes, as well as the sale of pickles.
57GF Score
Get the complete analysis for TSE:2935
Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TSE:2935 has been successfully added to your 
