Nissha Co (FRA:6X8) Cyclically Adjusted Book per Share: €11.57 (As of Mar. 2026)

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FRA:6X8 Nissha Co Ltd FRA:6X8
63 GF Score
Price €6.90
GF Value €8.92
! 8 Warning Signs
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What is Nissha Co Cyclically Adjusted Book per Share?

Nissha Co FRA:6X8 -1.43% 63 Cyclically Adjusted Book per Share is €11.57 as of Mar. 2026. GuruFocus rates FRA:6X8 with a GF Score™ of 63/100 and a GF Value™ of €8.92. The stock has 8 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

Nissha Co's adjusted book value per share for the three months ended in Mar. 2026 was €13.456. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is €11.57 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Nissha Co's average Cyclically Adjusted Book Growth Rate was 4.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 7.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 7.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Nissha Co was 9.70% per year. The lowest was -1.20% per year. And the median was 7.50% per year.

As of today (2026-07-18), Nissha Co's current stock price is €6.90. Nissha Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €11.57. Nissha Co's Cyclically Adjusted PB Ratio of today is 0.60.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Nissha Co was 2.59. The lowest was 0.38. And the median was 0.90.


Nissha Co  (FRA:6X8) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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 PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Nissha Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=6.90/11.57
=0.60

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Nissha Co was 2.59. The lowest was 0.38. And the median was 0.90.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Nissha Co Cyclically Adjusted Book per Share Related Terms


Nissha Co Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Nissha Co's Cyclically Adjusted Book per Share 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.

Nissha Co Cyclically Adjusted Book per Share Chart

Nissha Co Annual Data
Trend Mar16 Mar17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.49 11.85 11.65 12.06 11.30

Nissha 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 Book per Share 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 12.46 11.99 11.71 11.30 11.57

FRA:6X8 vs APH, GLW: Cyclically Adjusted Book per Share Comparison

For the Electronic Components subindustry, Nissha Co's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB 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.


Nissha Co Cyclically Adjusted PB Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Nissha Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Nissha Co's Cyclically Adjusted PB Ratio falls into.


FRA:6X8
63GF Score
Nissha Co Ltd FRA:6X8
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nissha Co Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Book 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.

For example, Nissha Co's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book= Book Value per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=13.456/112.7000*112.7000
=13.456

Current CPI (Mar. 2026) = 112.7000.

Nissha Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 12.660 98.100 14.544
201609 13.244 98.000 15.231
201612 12.937 98.400 14.817
201703 13.205 98.100 15.170
201706 12.950 98.500 14.817
201709 13.136 98.800 14.984
201712 14.101 99.400 15.988
201803 13.300 99.200 15.110
201806 12.813 99.200 14.557
201809 13.869 99.900 15.646
201812 14.372 99.700 16.246
201903 13.829 99.700 15.632
201906 13.447 99.800 15.185
201909 14.599 100.100 16.437
201912 12.396 100.500 13.901
202003 12.241 100.300 13.754
202006 12.010 99.900 13.549
202009 12.405 99.900 13.994
202012 12.963 99.300 14.712
202103 13.668 99.900 15.419
202106 14.197 99.500 16.080
202109 14.870 100.100 16.742
202112 15.338 100.100 17.269
202203 15.921 101.100 17.748
202206 15.859 101.800 17.557
202209 16.507 103.100 18.044
202212 15.671 104.100 16.966
202303 15.523 104.400 16.757
202306 15.546 105.200 16.654
202309 15.043 106.200 15.964
202312 14.532 106.800 15.335
202403 14.432 107.200 15.172
202406 14.747 108.200 15.360
202409 14.434 108.900 14.938
202412 14.864 110.700 15.133
202503 14.323 111.100 14.529
202506 13.793 111.700 13.916
202509 13.489 112.000 13.573
202512 13.329 113.000 13.294
202603 13.456 112.700 13.456

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

What does a Cyclically Adjusted Book per Share of €11.57 mean?
Nissha Co (FRA:6X8) has a Cyclically Adjusted Book per Share of €11.57 as of Mar. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Nissha Co and its competitors.
Is Nissha Co's Cyclically Adjusted Book per Share too high?
Nissha Co's current Cyclically Adjusted Book per Share is €11.57. Overall, Nissha Co has a GF Score™ of 63/100, reflecting its overall financial health beyond just this single metric.
How does Nissha Co's Cyclically Adjusted Book per Share compare to APH and GLW?
Nissha Co's Cyclically Adjusted Book per Share of €11.57 can be compared against companies in the Hardware industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for a Hardware company?
A good Cyclically Adjusted Book per Share depends on the Hardware industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Nissha Co and its competitors. Nissha Co's current Cyclically Adjusted Book per Share is €11.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nissha Co stock overvalued right now?
Nissha Co (FRA:6X8) has a current Cyclically Adjusted Book per Share of €11.57. The stock's GF Value™ is €8.92, compared to a current price of €6.90 — trading 22.6% below its estimated fair value. The current Cyclically Adjusted Book per Share is €11.57. Nissha Co's overall GF Score™ is 63/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For Nissha Co (FRA:6X8), the current Cyclically Adjusted Book per Share is €11.57 as of Mar. 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 Nissha Co (FRA:6X8) Overvalued in 2026?

Based on GuruFocus' analysis, Nissha Co stock appears to be undervalued. The current stock price of €6.90 is trading 22.6% below its estimated GF Value™ of €8.92.

Key valuation signals for FRA:6X8:

  • Cyclically Adjusted Book per Share: €11.57
  • GF Value™: €8.92 vs. price of €6.90 (22.6% below fair value)
  • GF Score™: 63/100 with 8 warning signs

No single metric tells the full story. See the FRA:6X8 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nissha Co Business Description

Other Exchanges 7915:Japan
Address 3 Hanaicho, Gamo, Nakagyo-ku, Kyoto, JPN, 604-8551
Nissha Co Ltd is developing industrial materials, devices, life innovation and information and communication business areas. The company has developed four businesses: industrial materials, devices, medical technology, and others. .The company develops and promotes its products under the Nisha brand. Geographically, the company is engaged in Japan, America, Europe, China, Taiwan and South Korea.
63GF Score

Get the complete analysis for FRA:6X8

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

€6.90
Price
€8.92
GF Value