NSK (NPSKF) Cyclically Adjusted Book per Share: $8.92 (As of Mar. 2026)


NPSKF NSK Ltd NPSKF
74 GF Score
Price $7.25
GF Value $6.90
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is NSK Cyclically Adjusted Book per Share?

NSK NPSKF 74 Cyclically Adjusted Book per Share is $8.92 as of Mar. 2026. GuruFocus rates NPSKF with a GF Score™ of 74/100 and a GF Value™ of $6.90 (Fairly Valued). The stock has 3 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.

NSK's adjusted book value per share for the three months ended in Mar. 2026 was $8.654. 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 $8.92 for the trailing ten years ended in Mar. 2026.

During the past 12 months, NSK's average Cyclically Adjusted Book Growth Rate was 4.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 7.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 8.30% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 8.30% 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 NSK was 9.50% per year. The lowest was 7.10% per year. And the median was 8.80% per year.

As of today (2026-07-03), NSK's current stock price is $7.25. NSK's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $8.92. NSK's Cyclically Adjusted PB Ratio of today is 0.81.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of NSK was 2.91. The lowest was 0.50. And the median was 0.99.


NSK  (OTCPK:NPSKF) 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.

NSK's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=7.25/8.92
=0.81

* 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 NSK was 2.91. The lowest was 0.50. And the median was 0.99.


Be Aware

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


NSK Cyclically Adjusted Book per Share Related Terms


NSK Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for NSK'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.

NSK Cyclically Adjusted Book per Share Chart

NSK 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 7.45 7.25 7.34 8.25 8.92

NSK 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 8.25 7.85 7.04 5.61 8.92

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

For the Auto Parts subindustry, NSK'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.


NSK Cyclically Adjusted PB Ratio vs Vehicles & Parts Industry

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

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


NPSKF
74GF Score
NSK Ltd NPSKF
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

NSK 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, NSK'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)
=8.654/112.7000*112.7000
=8.654

Current CPI (Mar. 2026) = 112.7000.

NSK Quarterly Data

Book Value per Share CPI Adj_Book
201606 7.061 98.100 8.112
201609 7.598 98.000 8.738
201612 7.389 98.400 8.463
201703 7.732 98.100 8.883
201706 8.138 98.500 9.311
201709 8.643 98.800 9.859
201712 8.893 99.400 10.083
201803 9.583 99.200 10.887
201806 9.341 99.200 10.612
201809 9.449 99.900 10.660
201812 9.103 99.700 10.290
201903 9.431 99.700 10.661
201906 9.472 99.800 10.696
201909 9.457 100.100 10.647
201912 9.539 100.500 10.697
202003 9.167 100.300 10.300
202006 9.035 99.900 10.193
202009 9.322 99.900 10.516
202012 9.848 99.300 11.177
202103 9.953 99.900 11.228
202106 10.085 99.500 11.423
202109 10.229 100.100 11.517
202112 10.147 100.100 11.424
202203 10.159 101.100 11.325
202206 9.174 101.800 10.156
202209 8.557 103.100 9.354
202212 8.643 104.100 9.357
202303 8.985 104.400 9.699
202306 8.997 105.200 9.638
202309 8.829 106.200 9.369
202312 8.815 106.800 9.302
202403 9.014 107.200 9.476
202406 8.767 108.200 9.132
202409 9.197 108.900 9.518
202412 8.743 110.700 8.901
202503 8.941 111.100 9.070
202506 9.111 111.700 9.193
202509 9.155 112.000 9.212
202512 8.908 113.000 8.884
202603 8.654 112.700 8.654

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 $8.92 mean?
NSK (NPSKF) has a Cyclically Adjusted Book per Share of $8.92 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 NSK and its competitors.
Is NSK's Cyclically Adjusted Book per Share too high?
NSK's current Cyclically Adjusted Book per Share is $8.92. Overall, NSK has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does NSK's Cyclically Adjusted Book per Share compare to ORLY and AZO?
NSK's Cyclically Adjusted Book per Share of $8.92 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 NSK and its competitors. NSK's current Cyclically Adjusted Book per Share is $8.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NSK stock overvalued right now?
Based on GuruFocus' analysis, NSK (NPSKF) is currently considered Fairly Valued. The stock's GF Value™ is $6.90, compared to a current price of $7.25 — trading 5.1% above its estimated fair value. The current Cyclically Adjusted Book per Share is $8.92. NSK's overall GF Score™ is 74/100 with 3 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 NSK (NPSKF), the current Cyclically Adjusted Book per Share is $8.92 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 NSK (NPSKF) Overvalued in 2026?

Based on GuruFocus' analysis, NSK stock appears to be overvalued. The current stock price of $7.25 is trading 5.1% above its estimated GF Value™ of $6.90. GuruFocus considers NSK to be Fairly Valued.

Key valuation signals for NPSKF:

  • Cyclically Adjusted Book per Share: $8.92
  • GF Value™: $6.90 vs. price of $7.25 (5.1% above fair value)
  • GF Score™: 74/100 with 3 warning signs

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


NSK Business Description

Address 1-6-3 Ohsaki, Nissei Building, Shinagawa-Ku, Tokyo, JPN, 141-8560
NSK Ltd is a Japan-based company that manufactures and sells automotive products, precision machinery, and mechatronic products. The company has two business segments, the Industrial Machinery business and the Automobile Business. The Industrial machinery bearing business is comprised of three sub-segments: the general machinery, electrical and IT equipment, and the Aftermarket segment. The Automobile business is engaged in the production and sales of bearings for car manufacturers and automotive component manufacturers, steering columns, and automatic transmission components. Its products include ball bearings, roller bearings, Plummer blocks, electric power steering, and super precision bearings. It generates the majority of its revenue from the Automobile segment.
74GF Score

Get the complete analysis for NPSKF

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

$7.25
Price
$6.90
GF Value