Nissin Foods Holdings Co (STU:NF2) Cyclically Adjusted Book per Share: €8.00 (As of Mar. 2026)


STU:NF2 Nissin Foods Holdings Co Ltd STU:NF2
75 GF Score
Price €15.10
GF Value €23.86
Valuation Significantly Undervalued
! 4 Warning Signs
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What is Nissin Foods Holdings Co Cyclically Adjusted Book per Share?

Nissin Foods Holdings Co STU:NF2 -1.31% 75 Cyclically Adjusted Book per Share is €8.00 as of Mar. 2026. GuruFocus rates STU:NF2 with a GF Score™ of 75/100 and a GF Value™ of €23.86 (Significantly Undervalued). The stock has 4 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.

Nissin Foods Holdings Co's adjusted book value per share for the three months ended in Mar. 2026 was €9.821. 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 €8.00 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Nissin Foods Holdings Co'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 6.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 6.40% 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 Nissin Foods Holdings Co was 7.10% per year. The lowest was 2.90% per year. And the median was 5.50% per year.

As of today (2026-07-01), Nissin Foods Holdings Co's current stock price is €15.10. Nissin Foods Holdings Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €8.00. Nissin Foods Holdings Co's Cyclically Adjusted PB Ratio of today is 1.89.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Nissin Foods Holdings Co was 4.09. The lowest was 1.80. And the median was 2.67.


Nissin Foods Holdings Co  (STU:NF2) 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.

Nissin Foods Holdings Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=15.10/8.00
=1.89

* 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 Nissin Foods Holdings Co was 4.09. The lowest was 1.80. And the median was 2.67.


Be Aware

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


Nissin Foods Holdings Co Cyclically Adjusted Book per Share Related Terms


Nissin Foods Holdings Co Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Nissin Foods Holdings 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.

Nissin Foods Holdings Co Cyclically Adjusted Book per Share Chart

Nissin Foods Holdings 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 8.13 8.09 7.75 8.34 8.00

Nissin Foods Holdings 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 8.34 8.04 8.03 7.72 8.00

STU:NF2 vs KHC, GIS: Cyclically Adjusted Book per Share Comparison

For the Packaged Foods subindustry, Nissin Foods Holdings 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.


Nissin Foods Holdings Co Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Nissin Foods Holdings Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


STU:NF2
75GF Score
Nissin Foods Holdings Co Ltd STU:NF2
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nissin Foods Holdings 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, Nissin Foods Holdings 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)
=9.821/112.7000*112.7000
=9.821

Current CPI (Mar. 2026) = 112.7000.

Nissin Foods Holdings Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 9.094 98.100 10.447
201609 9.215 98.000 10.597
201612 8.485 98.400 9.718
201703 9.087 98.100 10.439
201706 8.882 98.500 10.162
201709 8.684 98.800 9.906
201712 8.785 99.400 9.960
201803 8.073 99.200 9.172
201806 9.284 99.200 10.547
201809 9.377 99.900 10.578
201812 9.443 99.700 10.674
201903 8.327 99.700 9.413
201906 8.356 99.800 9.436
201909 8.762 100.100 9.865
201912 8.901 100.500 9.982
202003 8.822 100.300 9.913
202006 9.083 99.900 10.247
202009 9.283 99.900 10.472
202012 9.366 99.300 10.630
202103 9.496 99.900 10.713
202106 9.270 99.500 10.500
202109 9.680 100.100 10.898
202112 9.867 100.100 11.109
202203 10.158 101.100 11.324
202206 9.592 101.800 10.619
202209 10.020 103.100 10.953
202212 9.866 104.100 10.681
202303 9.892 104.400 10.678
202306 9.759 105.200 10.455
202309 10.058 106.200 10.674
202312 10.053 106.800 10.608
202403 9.960 107.200 10.471
202406 9.611 108.200 10.011
202409 10.238 108.900 10.595
202412 10.038 110.700 10.219
202503 10.043 111.100 10.188
202506 9.649 111.700 9.735
202509 9.670 112.000 9.730
202512 9.477 113.000 9.452
202603 9.821 112.700 9.821

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 €8.00 mean?
Nissin Foods Holdings Co (STU:NF2) has a Cyclically Adjusted Book per Share of €8.00 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 Nissin Foods Holdings Co and its competitors.
Is Nissin Foods Holdings Co's Cyclically Adjusted Book per Share too high?
Nissin Foods Holdings Co's current Cyclically Adjusted Book per Share is €8.00. Overall, Nissin Foods Holdings Co has a GF Score™ of 75/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nissin Foods Holdings Co's Cyclically Adjusted Book per Share compare to KHC and GIS?
Nissin Foods Holdings Co's Cyclically Adjusted Book per Share of €8.00 can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Cyclically Adjusted Book per Share depends on the Consumer Packaged Goods 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 Nissin Foods Holdings Co and its competitors. Nissin Foods Holdings Co's current Cyclically Adjusted Book per Share is €8.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nissin Foods Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Nissin Foods Holdings Co (STU:NF2) is currently considered Significantly Undervalued. The stock's GF Value™ is €23.86, compared to a current price of €15.10 — trading 36.7% below its estimated fair value. The current Cyclically Adjusted Book per Share is €8.00. Nissin Foods Holdings Co's overall GF Score™ is 75/100 with 4 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 Nissin Foods Holdings Co (STU:NF2), the current Cyclically Adjusted Book per Share is €8.00 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 Nissin Foods Holdings Co (STU:NF2) Overvalued in 2026?

Based on GuruFocus' analysis, Nissin Foods Holdings Co stock appears to be undervalued. The current stock price of €15.10 is trading 36.7% below its estimated GF Value™ of €23.86. GuruFocus considers Nissin Foods Holdings Co to be Significantly Undervalued.

Key valuation signals for STU:NF2:

  • Cyclically Adjusted Book per Share: €8.00
  • GF Value™: €23.86 vs. price of €15.10 (36.7% below fair value)
  • GF Score™: 75/100 with 4 warning signs

No single metric tells the full story. See the STU:NF2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nissin Foods Holdings Co Business Description

Other Exchanges NFPDF:USA2897:Japan
Address 28-1, 6-chome, Shinjuku-ku, Tokyo, JPN, 160-8524
Nissin Foods is Japan's largest instant noodle manufacturer and was the first in the world to invent and launch instant noodles. It also invented the first instant noodle product in cup containers. Cup Noodles is its global brand, marketed in Asia, the Americas, and Europe. Instant noodles account for more than three fourths of group sales and 80% of operating profits, while Japan remains the key contributor, representing roughly 75% of group sales and 85% of profits. Other products include frozen/chilled noodles, confectionery, and lactic acid drinks.
75GF Score

Get the complete analysis for STU:NF2

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

€15.10
Price
€23.86
GF Value