NNKEF (Nankai Co) Cyclically Adjusted Book per Share: $13.21 (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.

NNKEF Nankai Co Ltd NNKEF
80 GF Score
Price $16.50
GF Value $17.12
! 7 Warning Signs
View Full Analysis

What is Nankai Co Cyclically Adjusted Book per Share?

Nankai Co NNKEF 80 Cyclically Adjusted Book per Share is $13.21 as of Mar. 2026. GuruFocus rates NNKEF with a GF Score™ of 80/100 and a GF Value™ of $17.12. The stock has 7 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.

Nankai Co's adjusted book value per share for the three months ended in Mar. 2026 was $19.425. 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 $13.21 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Nankai Co's average Cyclically Adjusted Book Growth Rate was 5.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 6.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 7.00% 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 Nankai Co was 7.50% per year. The lowest was 5.50% per year. And the median was 6.50% per year.

As of today (2026-07-30), Nankai Co's current stock price is $16.50. Nankai Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $13.21. Nankai Co's Cyclically Adjusted PB Ratio of today is 1.25.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Nankai Co was 2.16. The lowest was 0.92. And the median was 1.41.


Nankai Co  (OTCPK:NNKEF) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=16.50/13.21
=1.25

* 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 Nankai Co was 2.16. The lowest was 0.92. And the median was 1.41.


Be Aware

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


Nankai Co Cyclically Adjusted Book per Share Related Terms


Nankai Co Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Nankai 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.

Nankai Co Cyclically Adjusted Book per Share Chart

Nankai 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 0.00 0.00 0.00 15.64 13.21

Nankai 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 17.84 14.12 13.52 13.21 0.00

Nankai Co Cyclically Adjusted Book per Share Competitor Comparison

For the Real Estate - Development subindustry, Nankai 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.


Nankai Co Cyclically Adjusted PB Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Nankai Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


NNKEF
80GF Score
Nankai Co Ltd NNKEF
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nankai 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, Nankai 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)
=19.425/112.7000*112.7000
=19.425

Current CPI (Mar. 2026) = 112.7000.

Nankai Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 16.299 98.100 18.725
201609 17.420 98.000 20.033
201612 15.761 98.400 18.051
201703 16.346 98.100 18.779
201706 16.969 98.500 19.415
201709 17.346 98.800 19.786
201712 17.457 99.400 19.793
201803 18.457 99.200 20.969
201806 18.347 99.200 20.844
201809 18.334 99.900 20.683
201812 18.530 99.700 20.946
201903 18.325 99.700 20.714
201906 19.199 99.800 21.681
201909 19.864 100.100 22.364
201912 20.010 100.500 22.439
202003 20.041 100.300 22.519
202006 19.795 99.900 22.331
202009 20.251 99.900 22.846
202012 20.748 99.300 23.548
202103 20.020 99.900 22.585
202106 19.406 99.500 21.980
202109 19.628 100.100 22.099
202112 19.253 100.100 21.676
202203 18.464 101.100 20.583
202206 16.327 101.800 18.075
202209 15.481 103.100 16.922
202212 16.858 104.100 18.251
202303 17.253 104.400 18.625
202306 16.635 105.200 17.821
202309 16.219 106.200 17.212
202312 17.452 106.800 18.416
202403 17.247 107.200 18.132
202406 0.000 108.200 0.000
202409 18.453 108.900 19.097
202412 17.659 110.700 17.978
202503 18.443 111.100 18.709
202506 19.388 111.700 19.562
202509 19.758 112.000 19.881
202512 19.358 113.000 19.307
202603 19.425 112.700 19.425

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 $13.21 mean?
Nankai Co (NNKEF) has a Cyclically Adjusted Book per Share of $13.21 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 Nankai Co and its competitors.
Is Nankai Co's Cyclically Adjusted Book per Share too high?
Nankai Co's current Cyclically Adjusted Book per Share is $13.21. Overall, Nankai Co has a GF Score™ of 80/100, reflecting its overall financial health beyond just this single metric.
How does Nankai Co's Cyclically Adjusted Book per Share compare to competitors?
Nankai Co's Cyclically Adjusted Book per Share of $13.21 can be compared against companies in the Real Estate 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 Real Estate company?
A good Cyclically Adjusted Book per Share depends on the Real Estate 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 Nankai Co and its competitors. Nankai Co's current Cyclically Adjusted Book per Share is $13.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nankai Co stock overvalued right now?
Nankai Co (NNKEF) has a current Cyclically Adjusted Book per Share of $13.21. The stock's GF Value™ is $17.12, compared to a current price of $16.50 — trading 3.6% below its estimated fair value. The current Cyclically Adjusted Book per Share is $13.21. Nankai Co's overall GF Score™ is 80/100 with 7 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 Nankai Co (NNKEF), the current Cyclically Adjusted Book per Share is $13.21 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 Nankai Co (NNKEF) Overvalued in 2026?

Based on GuruFocus' analysis, Nankai Co stock appears to be undervalued. The current stock price of $16.50 is trading 3.6% below its estimated GF Value™ of $17.12.

Key valuation signals for NNKEF:

  • Cyclically Adjusted Book per Share: $13.21
  • GF Value™: $17.12 vs. price of $16.50 (3.6% below fair value)
  • GF Score™: 80/100 with 7 warning signs

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


Nankai Co Business Description

Other Exchanges 9044:Japan
Address 2-1-41 Shikitsuhigashi, Naniwa-ku, Osaka, JPN, 556-0012
Nankai Co Ltd is engaged in the business of real estate development, leasing, and other related business activities.
80GF Score

Get the complete analysis for NNKEF

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

$16.50
Price
$17.12
GF Value