NGKSF (Niterra Co) Cyclically Adjusted Book per Share: $15.90 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

NGKSF Niterra Co Ltd NGKSF
83 GF Score
Price $58.62
GF Value $30.38
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Niterra Co Cyclically Adjusted Book per Share?

Niterra Co NGKSF 83 Cyclically Adjusted Book per Share is $15.90 as of Mar. 2026. GuruFocus rates NGKSF with a GF Score™ of 83/100 and a GF Value™ of $30.38 (Significantly Overvalued). The stock has 2 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 Mar. 2026 was $24.642. 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 $15.90 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Niterra Co's average Cyclically Adjusted Book Growth Rate was 9.40% 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 (2026-07-26), Niterra Co's current stock price is $58.6208. Niterra Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $15.90. Niterra Co's Cyclically Adjusted PB Ratio of today is 3.69.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Niterra Co was 4.18. The lowest was 0.86. And the median was 1.57.


Niterra Co  (OTCPK:NGKSF) 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
=58.6208/15.90
=3.69

* 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 4.18. The lowest was 0.86. And the median was 1.57.


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 15.28 14.94 9.23 15.92 15.90

Niterra 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 15.92 15.32 13.16 16.37 15.90

NGKSF 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.


NGKSF
83GF Score
Niterra Co Ltd NGKSF
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 Mar. 2026 was:

Adj_Book= Book Value per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=24.642/112.7000*112.7000
=24.642

Current CPI (Mar. 2026) = 112.7000.

Niterra Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 14.369 98.100 16.508
201609 14.936 98.000 17.176
201612 14.296 98.400 16.374
201703 14.702 98.100 16.890
201706 15.317 98.500 17.525
201709 16.916 98.800 19.296
201712 17.179 99.400 19.478
201803 17.327 99.200 19.685
201806 17.026 99.200 19.343
201809 17.325 99.900 19.545
201812 16.732 99.700 18.914
201903 17.609 99.700 19.905
201906 17.636 99.800 19.916
201909 17.932 100.100 20.189
201912 18.077 100.500 20.271
202003 18.075 100.300 20.310
202006 18.010 99.900 20.318
202009 18.785 99.900 21.192
202012 19.912 99.300 22.599
202103 20.296 99.900 22.896
202106 20.339 99.500 23.037
202109 20.756 100.100 23.369
202112 20.592 100.100 23.184
202203 21.336 101.100 23.784
202206 19.819 101.800 21.941
202209 18.765 103.100 20.512
202212 20.055 104.100 21.712
202303 20.743 104.400 22.392
202306 20.597 105.200 22.065
202309 20.579 106.200 21.839
202312 20.993 106.800 22.153
202403 21.235 107.200 22.324
202406 0.000 108.200 0.000
202409 22.859 108.900 23.657
202412 22.053 110.700 22.451
202503 22.806 111.100 23.134
202506 23.729 111.700 23.941
202509 24.567 112.000 24.721
202512 24.162 113.000 24.098
202603 24.642 112.700 24.642

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 $15.90 mean?
Niterra Co (NGKSF) has a Cyclically Adjusted Book per Share of $15.90 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 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 $15.90. Overall, Niterra Co has a GF Score™ of 83/100 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 $15.90 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 $15.90. 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 (NGKSF) is currently considered Significantly Overvalued. The stock's GF Value™ is $30.38, compared to a current price of $58.62 — trading 93% above its estimated fair value. The current Cyclically Adjusted Book per Share is $15.90. Niterra Co's overall GF Score™ is 83/100 with 2 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 (NGKSF), the current Cyclically Adjusted Book per Share is $15.90 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 Niterra Co (NGKSF) Overvalued in 2026?

Based on GuruFocus' analysis, Niterra Co stock appears to be overvalued. The current stock price of $58.62 is trading 93% above its estimated GF Value™ of $30.38. GuruFocus considers Niterra Co to be Significantly Overvalued.

Key valuation signals for NGKSF:

  • Cyclically Adjusted Book per Share: $15.90
  • GF Value™: $30.38 vs. price of $58.62 (93% above fair value)
  • GF Score™: 83/100 with 2 warning signs

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


Niterra Co Business Description

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.
83GF Score

Get the complete analysis for NGKSF

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

$58.62
Price
$30.38
GF Value