Base Food (TSE:2936) PS Ratio: 0.92 (As of Jul. 19, 2026) — 43% Below Median

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Founder & CEO of GuruFocus
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TSE:2936 Base Food Inc TSE:2936
61 GF Score
Price 円261.00
GF Value 円453.13
Valuation Significantly Undervalued
! 5 Warning Signs
View Full Analysis

What is Base Food PS Ratio?

Base Food TSE:2936 -5.09% 61 PS Ratio is 0.92 as of Jul. 19, 2026, which is 43% below its 10-year median of 1.62. GuruFocus rates TSE:2936 with a GF Score™ of 61/100 and a GF Value™ of 円453.13 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 1,943 Consumer Packaged Goods companies, Base Food ranks worse than 52.08% on this metric.

The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. As of today, Base Food's share price is 円261.00. Base Food's Revenue per Share for the trailing twelve months (TTM) ended in Feb. 2026 was 円284.56. Hence, Base Food's PS Ratio for today is 0.92.

Good Sign:

Base Food Inc stock PS Ratio (=0.92) is close to 1-year low of 0.92.

The historical rank and industry rank for Base Food's PS Ratio or its related term are showing as below:

TSE:2936' s PS Ratio Range Over the Past 10 Years
Min: 0.72   Med: 1.62   Max: 3.46
Current: 0.92

During the past 6 years, Base Food's highest PS Ratio was 3.46. The lowest was 0.72. And the median was 1.62.

TSE:2936's PS Ratio is ranked worse than
52.08% of 1943 companies
in the Consumer Packaged Goods industry
Industry Median: 0.85 vs TSE:2936: 0.92

Base Food's Revenue per Sharefor the six months ended in Feb. 2026 was 円140.01. Its Revenue per Share for the trailing twelve months (TTM) ended in Feb. 2026 was 円284.56.

Warning Sign:

Base Food Inc revenue growth has slowed down over the past 12 months.

During the past 12 months, the average Revenue per Share Growth Rate of Base Food was -0.60% per year. During the past 3 years, the average Revenue per Share Growth Rate was 4.50% per year. During the past 5 years, the average Revenue per Share Growth Rate was 41.50% per year.

During the past 6 years, Base Food's highest 3-Year average Revenue per Share Growth Rate was 113.80% per year. The lowest was 4.50% per year. And the median was 8.70% per year.

Back to Basics: PS Ratio


Base Food  (TSE:2936) PS Ratio Explanation

The PS Ratio is an excellent valuation indicator if you want to compare a stock with its historical valuation or with the stocks in the same industry. The PS Ratio works especially well when you want to compare the stock's current valuation with its historical valuation. The PS Ratio is a great valuation tool for evaluating cyclical businesses where the PE Ratio works poorly. It works the best when comparing the current valuation with the historical valuation because over time, a company's profit margin tends to revert to the mean.

When the PS Ratio is applied to the whole stock market, it can be used to evaluate the current market valuation and projected returns. In this case, the price is the total market cap of all stocks that are traded, and sales are the GDP of the country. This is how Warren Buffett estimates the broad market valuation and project future returns.

Similar to the PE Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PS Ratio measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

The PS Ratio does not tell you how cheap or expensive the stock is. It cannot be used to compare companies in different industries. It works better for companies within the same industry because these companies tend to have similar capital structures and profit margins. It works the best when comparing a company with itself in the past.


Base Food PS Ratio Related Terms


Base Food PS Ratio Historical Data

* Premium members only.

The historical data trend for Base Food's 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.

Base Food PS Ratio Chart

Base Food Annual Data
Trend Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
PS Ratio
Get a 7-Day Free Trial 0.00 1.94 1.51 2.13 1.29

Base Food Semi-Annual Data
Feb21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
PS Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.51 0.82 2.13 0.00 1.29

TSE:2936 vs KHC, GIS: PS Ratio Comparison

For the Packaged Foods subindustry, Base Food's PS Ratio, along with its competitors' market caps and 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.


Base Food PS Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Base Food's PS Ratio distribution charts can be found below:

* The bar in red indicates where Base Food's PS Ratio falls into.


TSE:2936
61GF Score
Base Food Inc TSE:2936
PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Base Food PS Ratio Calculation

The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. It is a ratio widely used to value stocks and it was first used by Ken Fisher.

Base Food's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=261.00/284.556
=0.92

Base Food's Share Price of today is 円261.00.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Base Food's Revenue per Share for the trailing twelve months (TTM) ended in Feb. 2026 was 円284.56.

* 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.

It can also be calculated from the numbers for the whole company:

PS Ratio=Market Cap/Revenue

The Revenue here is for the trailing 12 months.

Frequently Asked Questions Learn more about PS Ratio →
What does a PS Ratio of 0.92 mean?
Base Food (TSE:2936) has a PS Ratio of 0.92 as of Jul. 19, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Base Food and its competitors. This is 43% below median its historical median of 1.62. Over the past decade, Base Food's PS Ratio has ranged from 0.72 to 3.46. According to the industry distribution chart, Base Food ranks #1012 out of 1943 companies in the Consumer Packaged Goods industry, placing it in the top 52.1%.
Is Base Food's PS Ratio too high?
Base Food's current PS Ratio of 0.92 is 43% below median its 10-year median of 1.62. Over the past 10 years, this metric has ranged from a low of 0.72 to a high of 3.46. The Consumer Packaged Goods industry median PS Ratio is 0.85. Base Food's value of 0.92 is 8.2% above this industry median. Based on the distribution chart, Base Food ranks #1012 out of 1943 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Base Food has a GF Score™ of 61/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Base Food's PS Ratio compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Base Food ranks #1012 out of 1943 companies for PS Ratio. This places Base Food in the lower half of its industry. The industry median PS Ratio is 0.85. Base Food's value of 0.92 is 8.2% above this benchmark. Historically, Base Food's own PS Ratio has ranged from 0.72 to 3.46 over the past decade. While the company's 10-year median is 1.62 vs. the industry median of 0.85, Base Food 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 PS Ratio for a Consumer Packaged Goods company?
The median PS Ratio among Consumer Packaged Goods companies is 0.85, based on 1,943 companies in the industry. Companies in the top quartile (top 25%) have a PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Base Food's current PS Ratio of 0.92 is 8.2% 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 PS Ratio mean?
A high PS Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Base Food and its competitors. For the Consumer Packaged Goods industry, the median PS Ratio is 0.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Base Food's current PS Ratio is 0.92, which is 43% below median its own 10-year median of 1.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Base Food stock overvalued right now?
Based on GuruFocus' analysis, Base Food (TSE:2936) is currently considered Significantly Undervalued. The stock's GF Value™ is 円453.13, compared to a current price of 円261.00 — trading 42.4% below its estimated fair value. The current PS Ratio is 0.92, which is 43% below median its 10-year median of 1.62 and 8.2% above the Consumer Packaged Goods industry median of 0.85. Base Food's overall GF Score™ is 61/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PS Ratio calculated?
PS Ratio is calculated from a company's financial statements. For Base Food (TSE:2936), the current PS Ratio is 0.92 as of Jul. 19, 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 Base Food (TSE:2936) Overvalued in 2026?

Based on GuruFocus' analysis, Base Food stock appears to be undervalued. The current stock price of 円261.00 is trading 42.4% below its estimated GF Value™ of 円453.13. GuruFocus considers Base Food to be Significantly Undervalued.

Key valuation signals for TSE:2936:

  • PS Ratio: 0.92 (43% below median its 10-year median of 1.62)
  • GF Value™: 円453.13 vs. price of 円261.00 (42.4% below fair value)
  • GF Score™: 61/100 with 5 warning signs
  • Industry Position: 8.2% above the Consumer Packaged Goods median (#1012 of 1943)

No single metric tells the full story. See the TSE:2936 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Base Food Business Description

Address 5-25-2 Nakameguro, Meguro-ku, Tokyo, JPN, 153-0061
Base Food Inc is engaged in the development and sale of complete nutrition food. The company offers base bread, base pasta and base cookies related products.
61GF Score

Get the complete analysis for TSE:2936

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

円261.00
Price
円453.13
GF Value