Nisshin Seifun Group (STU:NFR) Cyclically Adjusted Book per Share: €8.80 (As of Mar. 2026)

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STU:NFR Nisshin Seifun Group Inc STU:NFR
82 GF Score
Price €10.90
GF Value €10.58
! 1 Warning Sign
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What is Nisshin Seifun Group Cyclically Adjusted Book per Share?

Nisshin Seifun Group STU:NFR -6.03% 82 Cyclically Adjusted Book per Share is €8.80 as of Mar. 2026. GuruFocus rates STU:NFR with a GF Score™ of 82/100 and a GF Value™ of €10.58. The stock has 1 warning sign 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.

Nisshin Seifun Group's adjusted book value per share for the three months ended in Mar. 2026 was €10.076. 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 €8.80 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Nisshin Seifun Group's average Cyclically Adjusted Book Growth Rate was 3.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 5.50% 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 Nisshin Seifun Group was 6.00% per year. The lowest was 3.80% per year. And the median was 4.80% per year.

As of today (2026-08-02), Nisshin Seifun Group's current stock price is €10.90. Nisshin Seifun Group's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €8.80. Nisshin Seifun Group's Cyclically Adjusted PB Ratio of today is 1.24.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Nisshin Seifun Group was 2.32. The lowest was 1.08. And the median was 1.38.


Nisshin Seifun Group  (STU:NFR) 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.

Nisshin Seifun Group's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=10.90/8.80
=1.24

* 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 Nisshin Seifun Group was 2.32. The lowest was 1.08. And the median was 1.38.


Be Aware

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


Nisshin Seifun Group Cyclically Adjusted Book per Share Related Terms


Nisshin Seifun Group Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Nisshin Seifun Group'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.

Nisshin Seifun Group Cyclically Adjusted Book per Share Chart

Nisshin Seifun Group 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 9.43 9.32 8.70 9.47 8.80

Nisshin Seifun Group 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 9.07 9.02 8.64 8.80 0.00

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

For the Packaged Foods subindustry, Nisshin Seifun Group'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.


Nisshin Seifun Group Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Nisshin Seifun Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


STU:NFR
82GF Score
Nisshin Seifun Group Inc STU:NFR
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nisshin Seifun Group 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, Nisshin Seifun Group'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)
=10.076/112.7000*112.7000
=10.076

Current CPI (Mar. 2026) = 112.7000.

Nisshin Seifun Group Quarterly Data

Book Value per Share CPI Adj_Book
201606 10.455 98.100 12.011
201609 10.874 98.000 12.505
201612 10.317 98.400 11.816
201703 10.798 98.100 12.405
201706 10.506 98.500 12.021
201709 9.934 98.800 11.332
201712 10.168 99.400 11.529
201803 10.288 99.200 11.688
201806 10.684 99.200 12.138
201809 10.549 99.900 11.901
201812 10.715 99.700 12.112
201903 10.830 99.700 12.242
201906 10.848 99.800 12.250
201909 11.416 100.100 12.853
201912 11.507 100.500 12.904
202003 11.172 100.300 12.553
202006 11.311 99.900 12.760
202009 11.146 99.900 12.574
202012 11.037 99.300 12.526
202103 11.257 99.900 12.699
202106 10.883 99.500 12.327
202109 11.276 100.100 12.695
202112 11.395 100.100 12.829
202203 11.568 101.100 12.895
202206 10.929 101.800 12.099
202209 9.978 103.100 10.907
202212 9.782 104.100 10.590
202303 9.960 104.400 10.752
202306 9.848 105.200 10.550
202309 10.002 106.200 10.614
202312 10.184 106.800 10.747
202403 10.329 107.200 10.859
202406 10.072 108.200 10.491
202409 10.480 108.900 10.846
202412 10.654 110.700 10.846
202503 10.389 111.100 10.539
202506 10.119 111.700 10.210
202509 9.897 112.000 9.959
202512 9.757 113.000 9.731
202603 10.076 112.700 10.076

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 €8.80 mean?
Nisshin Seifun Group (STU:NFR) has a Cyclically Adjusted Book per Share of €8.80 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 Nisshin Seifun Group and its competitors.
Is Nisshin Seifun Group's Cyclically Adjusted Book per Share too high?
Nisshin Seifun Group's current Cyclically Adjusted Book per Share is €8.80. Overall, Nisshin Seifun Group has a GF Score™ of 82/100, reflecting its overall financial health beyond just this single metric.
How does Nisshin Seifun Group's Cyclically Adjusted Book per Share compare to KHC and GIS?
Nisshin Seifun Group's Cyclically Adjusted Book per Share of €8.80 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 Nisshin Seifun Group and its competitors. Nisshin Seifun Group's current Cyclically Adjusted Book per Share is €8.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nisshin Seifun Group stock overvalued right now?
Nisshin Seifun Group (STU:NFR) has a current Cyclically Adjusted Book per Share of €8.80. The stock's GF Value™ is €10.58, compared to a current price of €10.90 — trading 3% above its estimated fair value. The current Cyclically Adjusted Book per Share is €8.80. Nisshin Seifun Group's overall GF Score™ is 82/100 with 1 warning sign 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 Nisshin Seifun Group (STU:NFR), the current Cyclically Adjusted Book per Share is €8.80 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 Nisshin Seifun Group (STU:NFR) Overvalued in 2026?

Based on GuruFocus' analysis, Nisshin Seifun Group stock appears to be overvalued. The current stock price of €10.90 is trading 3% above its estimated GF Value™ of €10.58.

Key valuation signals for STU:NFR:

  • Cyclically Adjusted Book per Share: €8.80
  • GF Value™: €10.58 vs. price of €10.90 (3% above fair value)
  • GF Score™: 82/100 with 1 warning sign

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


Nisshin Seifun Group Business Description

Other Exchanges 2002:Japan
Address 1-25 Kanda Nishikicho, Chiyoda-ku, Tokyo, JPN, 101-8441
Nisshin Seifun Group Inc is a Japan-based company mainly engaged in the flour milling business, food business, and prepared meals and prepared foods business. The company operates through four segments. The Flour Milling segment covers flour, bran, and related products. The Food segment includes premixes, household flour, pasta, sauces, frozen foods, baking ingredients, biochemical products, health foods, and drug discovery support. The Ready-made Meals segment provides cooked foods such as bento boxes, side dishes, and noodles. The Others segment includes engineering, cargo handling, storage, and other non-core businesses. It generates the majority of its revenue from the Flour Milling segment.
82GF Score

Get the complete analysis for STU:NFR

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

€10.90
Price
€10.58
GF Value