NPSGY (Nippon Sheet Glass Co) Cyclically Adjusted Book per Share: $9.15 (As of Mar. 2026)


NPSGY Nippon Sheet Glass Co Ltd NPSGY
62 GF Score
Price $2.85
GF Value $1.95
Valuation Modestly Overvalued
! 11 Warning Signs
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What is Nippon Sheet Glass Co Cyclically Adjusted Book per Share?

Nippon Sheet Glass Co NPSGY -5.00% 62 Cyclically Adjusted Book per Share is $9.15 as of Mar. 2026. GuruFocus rates NPSGY with a GF Score™ of 62/100 and a GF Value™ of $1.95 (Modestly Overvalued). The stock has 11 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.

Nippon Sheet Glass Co's adjusted book value per share for the three months ended in Mar. 2026 was $6.698. 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 $9.15 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Nippon Sheet Glass Co's average Cyclically Adjusted Book Growth Rate was -5.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -3.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -2.20% 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 Nippon Sheet Glass Co was -1.00% per year. The lowest was -12.30% per year. And the median was -4.50% per year.

As of today (2026-07-04), Nippon Sheet Glass Co's current stock price is $2.85. Nippon Sheet Glass Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $9.15. Nippon Sheet Glass Co's Cyclically Adjusted PB Ratio of today is 0.31.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Nippon Sheet Glass Co was 0.62. The lowest was 0.16. And the median was 0.37.


Nippon Sheet Glass Co  (OTCPK:NPSGY) 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.

Nippon Sheet Glass Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2.85/9.15
=0.31

* 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 Nippon Sheet Glass Co was 0.62. The lowest was 0.16. And the median was 0.37.


Be Aware

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


Nippon Sheet Glass Co Cyclically Adjusted Book per Share Related Terms


Nippon Sheet Glass Co Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Nippon Sheet Glass 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.

Nippon Sheet Glass Co Cyclically Adjusted Book per Share Chart

Nippon Sheet Glass 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 10.76 11.95 8.84 7.00 9.15

Nippon Sheet Glass 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 7.00 6.45 5.61 4.82 9.15

NPSGY vs ORLY, AZO: Cyclically Adjusted Book per Share Comparison

For the Auto Parts subindustry, Nippon Sheet Glass 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.


Nippon Sheet Glass Co Cyclically Adjusted PB Ratio vs Vehicles & Parts Industry

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

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


NPSGY
62GF Score
Nippon Sheet Glass Co Ltd NPSGY
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nippon Sheet Glass 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, Nippon Sheet Glass 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)
=6.698/112.7000*112.7000
=6.698

Current CPI (Mar. 2026) = 112.7000.

Nippon Sheet Glass Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 10.834 98.100 12.446
201609 5.640 98.000 6.486
201612 8.700 98.400 9.964
201703 12.168 98.100 13.979
201706 13.193 98.500 15.095
201709 14.181 98.800 16.176
201712 13.227 99.400 14.997
201803 14.091 99.200 16.009
201806 12.750 99.200 14.485
201809 13.691 99.900 15.445
201812 11.803 99.700 13.342
201903 12.294 99.700 13.897
201906 10.852 99.800 12.255
201909 9.505 100.100 10.701
201912 10.553 100.500 11.834
202003 7.545 100.300 8.478
202006 5.746 99.900 6.482
202009 5.091 99.900 5.743
202012 6.503 99.300 7.381
202103 6.378 99.900 7.195
202106 7.491 99.500 8.485
202109 8.636 100.100 9.723
202112 9.391 100.100 10.573
202203 13.469 101.100 15.014
202206 14.888 101.800 16.482
202209 11.631 103.100 12.714
202212 8.919 104.100 9.656
202303 7.966 104.400 8.599
202306 9.662 105.200 10.351
202309 9.369 106.200 9.942
202312 8.433 106.800 8.899
202403 9.079 107.200 9.545
202406 10.213 108.200 10.638
202409 8.357 108.900 8.649
202412 8.537 110.700 8.691
202503 7.923 111.100 8.037
202506 7.535 111.700 7.602
202509 7.433 112.000 7.479
202512 8.011 113.000 7.990
202603 6.698 112.700 6.698

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 $9.15 mean?
Nippon Sheet Glass Co (NPSGY) has a Cyclically Adjusted Book per Share of $9.15 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 Nippon Sheet Glass Co and its competitors.
Is Nippon Sheet Glass Co's Cyclically Adjusted Book per Share too high?
Nippon Sheet Glass Co's current Cyclically Adjusted Book per Share is $9.15. Overall, Nippon Sheet Glass Co has a GF Score™ of 62/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nippon Sheet Glass Co's Cyclically Adjusted Book per Share compare to ORLY and AZO?
Nippon Sheet Glass Co's Cyclically Adjusted Book per Share of $9.15 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 Nippon Sheet Glass Co and its competitors. Nippon Sheet Glass Co's current Cyclically Adjusted Book per Share is $9.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon Sheet Glass Co stock overvalued right now?
Based on GuruFocus' analysis, Nippon Sheet Glass Co (NPSGY) is currently considered Modestly Overvalued. The stock's GF Value™ is $1.95, compared to a current price of $2.85 — trading 46.2% above its estimated fair value. The current Cyclically Adjusted Book per Share is $9.15. Nippon Sheet Glass Co's overall GF Score™ is 62/100 with 11 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 Nippon Sheet Glass Co (NPSGY), the current Cyclically Adjusted Book per Share is $9.15 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 Nippon Sheet Glass Co (NPSGY) Overvalued in 2026?

Based on GuruFocus' analysis, Nippon Sheet Glass Co stock appears to be overvalued. The current stock price of $2.85 is trading 46.2% above its estimated GF Value™ of $1.95. GuruFocus considers Nippon Sheet Glass Co to be Modestly Overvalued.

Key valuation signals for NPSGY:

  • Cyclically Adjusted Book per Share: $9.15
  • GF Value™: $1.95 vs. price of $2.85 (46.2% above fair value)
  • GF Score™: 62/100 with 11 warning signs

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


Nippon Sheet Glass Co Business Description

Other Exchanges 5202:JapanNI9:Germany
Address Sumitomo Fudosan Mita Twin Building West Wing, 5-27, Mita 3-chome, Minato-Ku, Tokyo, JPN, 108-6321
Nippon Sheet Glass Co Ltd manufactures glass and glazing products for many industries. The architectural segment, which accounts for roughly 40% of the company's total revenue, sells flat glass and glazing products to commercial and residential markets and the solar energy sector. The automotive segment, which accounts for roughly half of the company's total revenue, supplies a wide range of automotive glazing to vehicle manufacturers for new vehicles and replacement markets. The technical glass segment sells thin glass and glass fiber products for small displays, lenses, printers, and engine timing belts. Nippon sells its products worldwide, with more than a third of its sales in Europe, roughly a third in Japan and the rest of Asia, and the remaining sales in the Americas.
62GF Score

Get the complete analysis for NPSGY

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

$2.85
Price
$1.95
GF Value