Nitta (NTTAF) Cyclically Adjusted Book per Share: $0.00 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
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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.
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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.

NTTAF Nitta Corp NTTAF
53 GF Score
Price $40.56
GF Value $24.60
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Nitta Cyclically Adjusted Book per Share?

Nitta NTTAF 53 Cyclically Adjusted Book per Share is $0.00 as of Mar. 2026. GuruFocus rates NTTAF with a GF Score™ of 53/100 and a GF Value™ of $24.60 (Significantly Overvalued). The stock has 7 warning signs investors should review.

Note: As Cyclically Adjusted Book per Share is a main component used to calculate Cyclically Adjusted PB Ratio. If the month end stock price for this stock is zero, result may not be accurate due to the exchange rate between different shares and the data will not be stored into our database. Selected historical data showed in the calculation section below is only for demostration purpose.

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.

Nitta's adjusted book value per share for the three months ended in Mar. 2026 was $37.866. 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 $0.00 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Nitta's average Cyclically Adjusted Book Growth Rate was 7.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 9.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 9.40% 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 Nitta was 10.10% per year. The lowest was 6.60% per year. And the median was 8.70% per year.

As of today (2026-07-26), Nitta's current stock price is $40.5612. Nitta's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $0.00. Nitta's Cyclically Adjusted PB Ratio of today is .

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Nitta was 2.02. The lowest was 0.66. And the median was 0.95.


Nitta  (OTCPK:NTTAF) 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Nitta was 2.02. The lowest was 0.66. And the median was 0.95.


Be Aware

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


Nitta Cyclically Adjusted Book per Share Related Terms


Nitta Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Nitta'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.

Nitta Cyclically Adjusted Book per Share Chart

Nitta Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted Book per Share
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Nitta 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 0.00 0.00 0.00 0.00 0.00

NTTAF vs GEV, ETN, PH: Cyclically Adjusted Book per Share Comparison

For the Specialty Industrial Machinery subindustry, Nitta'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.


Nitta Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Nitta's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


NTTAF
53GF Score
Nitta Corp NTTAF
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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Nitta 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, Nitta'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)
=37.866/112.7000*112.7000
=37.866

Current CPI (Mar. 2026) = 112.7000.

Nitta Quarterly Data

Book Value per Share CPI Adj_Book
201606 27.299 98.100 31.362
201609 28.124 98.000 32.343
201612 25.152 98.400 28.807
201703 27.330 98.100 31.397
201706 28.175 98.500 32.237
201709 29.279 98.800 33.398
201712 29.527 99.400 33.478
201803 32.175 99.200 36.554
201806 30.970 99.200 35.185
201809 31.326 99.900 35.340
201812 31.667 99.700 35.796
201903 32.127 99.700 36.316
201906 32.964 99.800 37.225
201909 33.319 100.100 37.513
201912 32.896 100.500 36.889
202003 33.578 100.300 37.729
202006 33.597 99.900 37.902
202009 34.490 99.900 38.909
202012 35.446 99.300 40.229
202103 34.726 99.900 39.175
202106 34.832 99.500 39.453
202109 36.118 100.100 40.664
202112 35.343 100.100 39.792
202203 35.319 101.100 39.371
202206 31.971 101.800 35.394
202209 31.408 103.100 34.333
202212 33.873 104.100 36.671
202303 34.588 104.400 37.338
202306 33.280 105.200 35.653
202309 33.224 106.200 35.257
202312 34.498 106.800 36.404
202403 33.799 107.200 35.533
202406 32.969 108.200 34.340
202409 37.749 108.900 39.066
202412 34.650 110.700 35.276
202503 37.169 111.100 37.704
202506 37.900 111.700 38.239
202509 37.838 112.000 38.074
202512 37.154 113.000 37.055
202603 37.866 112.700 37.866

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 $0.00 mean?
Nitta (NTTAF) has a Cyclically Adjusted Book per Share of $0.00 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 Nitta and its competitors.
Is Nitta's Cyclically Adjusted Book per Share too high?
Nitta's current Cyclically Adjusted Book per Share is $0.00. Overall, Nitta has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nitta's Cyclically Adjusted Book per Share compare to GEV and ETN?
Nitta's Cyclically Adjusted Book per Share of $0.00 can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Cyclically Adjusted Book per Share depends on the Industrial Products 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 Nitta and its competitors. Nitta's current Cyclically Adjusted Book per Share is $0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nitta stock overvalued right now?
Based on GuruFocus' analysis, Nitta (NTTAF) is currently considered Significantly Overvalued. The stock's GF Value™ is $24.60, compared to a current price of $40.56 — trading 64.9% above its estimated fair value. The current Cyclically Adjusted Book per Share is $0.00. Nitta's overall GF Score™ is 53/100 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 Nitta (NTTAF), the current Cyclically Adjusted Book per Share is $0.00 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 Nitta (NTTAF) Overvalued in 2026?

Based on GuruFocus' analysis, Nitta stock appears to be overvalued. The current stock price of $40.56 is trading 64.9% above its estimated GF Value™ of $24.60. GuruFocus considers Nitta to be Significantly Overvalued.

Key valuation signals for NTTAF:

  • Cyclically Adjusted Book per Share: $0.00
  • GF Value™: $24.60 vs. price of $40.56 (64.9% above fair value)
  • GF Score™: 53/100 with 7 warning signs

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


Nitta Business Description

Other Exchanges 5186:Japan
Address 4-4-26 Sakuragawa, Naniwa-ku, Osaka, JPN, 556-0022
Nitta Corp is a Japan-based company that manufactures and distributes a wide range of industrial products. The company's product line comprises conveyor belts and units, tubes and fittings, industrial wiper and molded rubber products, mechatronic products, magnetic sheets, and so on. The company's conveyor belt products are distributed under trademarks including PolySprint, Polybelt, New Light Grip, and SEB. The company's conveyor unit products include curve conveyor units, spiral conveyor units, and nonsnaking conveyor units. Nitta Corp's tube and fitting products are applied in pneumatic equipment, semiconductor equipment, industrial robots, and others. The company's wiper products include slide seals, lip seals, telesco seals, and others.
53GF Score

Get the complete analysis for NTTAF

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

$40.56
Price
$24.60
GF Value