Niterra Co (FRA:NGK) Cyclically Adjusted Book per Share: €14.73 (As of Jun. 2026)

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FRA:NGK Niterra Co Ltd FRA:NGK
89 GF Score
Price €45.40
GF Value €29.15
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Niterra Co Cyclically Adjusted Book per Share?

Niterra Co FRA:NGK -1.73% 89 Cyclically Adjusted Book per Share is €14.73 as of Jun. 2026. GuruFocus rates FRA:NGK with a GF Score™ of 89/100 and a GF Value™ of €29.15 (Significantly Overvalued). The stock has 4 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.

Niterra Co's adjusted book value per share for the three months ended in Jun. 2026 was €23.438. 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 €14.73 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Niterra Co's average Cyclically Adjusted Book Growth Rate was 10.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 10.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 10.40% 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 Niterra Co was 10.80% per year. The lowest was 6.30% per year. And the median was 9.55% per year.

As of today (2026-08-28), Niterra Co's current stock price is €45.40. Niterra Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €14.73. Niterra Co's Cyclically Adjusted PB Ratio of today is 3.08.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Niterra Co was 4.12. The lowest was 0.86. And the median was 1.58.


Niterra Co  (FRA:NGK) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=45.40/14.73
=3.08

* 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 Niterra Co was 4.12. The lowest was 0.86. And the median was 1.58.


Be Aware

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


Niterra Co Cyclically Adjusted Book per Share Related Terms


Niterra Co Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Niterra 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.

Niterra Co Cyclically Adjusted Book per Share Chart

Niterra Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.68 13.27 12.72 14.90 14.34

Niterra Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 14.44 14.42 14.02 14.34 14.73

FRA:NGK vs ORLY, AZO: Cyclically Adjusted Book per Share Comparison

For the Auto Parts subindustry, Niterra 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.


Niterra Co Cyclically Adjusted PB Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Niterra Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FRA:NGK
89GF Score
Niterra Co Ltd FRA:NGK
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Niterra 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, Niterra Co's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book= Book Value per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=23.438/113.6000*113.6000
=23.438

Current CPI (Jun. 2026) = 113.6000.

Niterra Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 13.308 98.000 15.426
201612 13.553 98.400 15.647
201703 13.746 98.100 15.918
201706 13.632 98.500 15.722
201709 14.192 98.800 16.318
201712 14.516 99.400 16.590
201803 14.052 99.200 16.092
201806 14.574 99.200 16.690
201809 14.847 99.900 16.883
201812 14.707 99.700 16.757
201903 15.584 99.700 17.757
201906 15.608 99.800 17.766
201909 16.282 100.100 18.478
201912 16.270 100.500 18.391
202003 16.358 100.300 18.527
202006 15.993 99.900 18.186
202009 15.948 99.900 18.135
202012 16.368 99.300 18.725
202103 17.049 99.900 19.387
202106 16.881 99.500 19.273
202109 17.643 100.100 20.022
202112 18.224 100.100 20.682
202203 19.373 101.100 21.768
202206 18.749 101.800 20.922
202209 18.953 103.100 20.883
202212 18.932 104.100 20.660
202303 19.374 104.400 21.081
202306 19.011 105.200 20.529
202309 19.282 106.200 20.626
202312 19.250 106.800 20.476
202403 19.536 107.200 20.702
202406 0.000 108.200 0.000
202409 20.596 108.900 21.485
202412 21.060 110.700 21.612
202503 21.096 111.100 21.571
202506 20.573 111.700 20.923
202509 20.931 112.000 21.230
202512 20.635 113.000 20.745
202603 21.315 112.700 21.485
202606 23.438 113.600 23.438

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 €14.73 mean?
Niterra Co (FRA:NGK) has a Cyclically Adjusted Book per Share of €14.73 as of Jun. 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 Niterra Co and its competitors.
Is Niterra Co's Cyclically Adjusted Book per Share too high?
Niterra Co's current Cyclically Adjusted Book per Share is €14.73. Overall, Niterra Co has a GF Score™ of 89/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Niterra Co's Cyclically Adjusted Book per Share compare to ORLY and AZO?
Niterra Co's Cyclically Adjusted Book per Share of €14.73 can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Cyclically Adjusted Book per Share depends on the Vehicles & Parts 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 Niterra Co and its competitors. Niterra Co's current Cyclically Adjusted Book per Share is €14.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Niterra Co stock overvalued right now?
Based on GuruFocus' analysis, Niterra Co (FRA:NGK) is currently considered Significantly Overvalued. The stock's GF Value™ is €29.15, compared to a current price of €45.40 — trading 55.7% above its estimated fair value. The current Cyclically Adjusted Book per Share is €14.73. Niterra Co's overall GF Score™ is 89/100 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 Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For Niterra Co (FRA:NGK), the current Cyclically Adjusted Book per Share is €14.73 as of Jun. 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 Niterra Co (FRA:NGK) Overvalued in 2026?

Based on GuruFocus' analysis, Niterra Co stock appears to be overvalued. The current stock price of €45.40 is trading 55.7% above its estimated GF Value™ of €29.15. GuruFocus considers Niterra Co to be Significantly Overvalued.

Key valuation signals for FRA:NGK:

  • Cyclically Adjusted Book per Share: €14.73
  • GF Value™: €29.15 vs. price of €45.40 (55.7% above fair value)
  • GF Score™: 89/100 with 4 warning signs

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


Niterra Co Business Description

Other Exchanges NGKSY:USA5334:Japan
Address 1-1-1 Higashisakura, Urbannet Nagoya Nexta Building, Higashi-ku, Nagoya, JPN, 461-0005
Niterra Co Ltd is engaged in the manufacture and sale of automotive components and ceramic products. The group has three reportable segments: Automobile related, Ceramics, and New Businesses. The Automobile related segment manufactures and sells spark plugs, exhaust gas sensors, and other automobile components. The Ceramics segment manufactures and sells cutting tools, industrial machinery parts, semiconductor manufacturing equipment parts, semiconductor packages, and medical oxygen concentrators. The New Businesses segment focuses on products related to environmental energy and other emerging fields.
89GF Score

Get the complete analysis for FRA:NGK

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

€45.40
Price
€29.15
GF Value