NIKKON Holdings Co (FRA:1CM) Cyclically Adjusted PB Ratio: 2.86 (As of Jul. 28, 2026) — 158% Above Median

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FRA:1CM NIKKON Holdings Co Ltd FRA:1CM
71 GF Score
Price €26.80
GF Value €12.92
! 1 Warning Sign
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What is NIKKON Holdings Co Cyclically Adjusted PB Ratio?

NIKKON Holdings Co FRA:1CM -0.74% 71 Cyclically Adjusted PB Ratio is 2.86 as of Jul. 28, 2026, which is 158% above its 10-year median of 1.11. GuruFocus rates FRA:1CM with a GF Score™ of 71/100 and a GF Value™ of €12.92. The stock has 1 warning sign investors should review. Among 741 Transportation companies, NIKKON Holdings Co ranks worse than 81.11% on this metric.

As of today (2026-07-28), NIKKON Holdings Co's current share price is €26.80. NIKKON Holdings Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €9.38. NIKKON Holdings Co's Cyclically Adjusted PB Ratio for today is 2.86.

The historical rank and industry rank for NIKKON Holdings Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

FRA:1CM' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.72   Med: 1.11   Max: 3.58
Current: 2.96

During the past years, NIKKON Holdings Co's highest Cyclically Adjusted PB Ratio was 3.58. The lowest was 0.72. And the median was 1.11.

FRA:1CM's Cyclically Adjusted PB Ratio is ranked worse than
81.11% of 741 companies
in the Transportation industry
Industry Median: 1.27 vs FRA:1CM: 2.96

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.

NIKKON Holdings Co's adjusted book value per share data for the three months ended in Mar. 2026 was €11.116. 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 €9.38 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


NIKKON Holdings Co  (FRA:1CM) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


NIKKON Holdings Co Cyclically Adjusted PB Ratio Related Terms


NIKKON Holdings Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for NIKKON Holdings Co's Cyclically Adjusted PB Ratio 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.

NIKKON Holdings Co Cyclically Adjusted PB Ratio Chart

NIKKON Holdings Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.78 0.87 0.97 1.63 2.43

NIKKON 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 PB Ratio 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 1.63 1.91 2.00 1.96 2.43

FRA:1CM vs UPS, FDX, JBHT: Cyclically Adjusted PB Ratio Comparison

For the Integrated Freight & Logistics subindustry, NIKKON 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.


NIKKON Holdings Co Cyclically Adjusted PB Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, NIKKON Holdings Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FRA:1CM
71GF Score
NIKKON Holdings Co Ltd FRA:1CM
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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NIKKON Holdings Co Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

NIKKON Holdings Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=26.80/9.38
=2.86

* 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.

NIKKON Holdings Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, NIKKON 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)
=11.116/112.7000*112.7000
=11.116

Current CPI (Mar. 2026) = 112.7000.

NIKKON Holdings Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 9.836 98.100 11.300
201609 10.471 98.000 12.042
201612 10.124 98.400 11.595
201703 10.489 98.100 12.050
201706 10.231 98.500 11.706
201709 9.954 98.800 11.354
201712 10.082 99.400 11.431
201803 10.352 99.200 11.761
201806 10.496 99.200 11.924
201809 10.569 99.900 11.923
201812 10.745 99.700 12.146
201903 11.211 99.700 12.673
201906 11.556 99.800 13.050
201909 12.214 100.100 13.751
201912 12.132 100.500 13.605
202003 12.346 100.300 13.872
202006 12.213 99.900 13.778
202009 12.044 99.900 13.587
202012 12.084 99.300 13.715
202103 12.230 99.900 13.797
202106 12.013 99.500 13.607
202109 12.457 100.100 14.025
202112 12.649 100.100 14.241
202203 12.781 101.100 14.247
202206 11.875 101.800 13.146
202209 12.174 103.100 13.308
202212 12.098 104.100 13.097
202303 12.471 104.400 13.462
202306 11.947 105.200 12.799
202309 11.890 106.200 12.618
202312 11.909 106.800 12.567
202403 11.982 107.200 12.597
202406 0.000 108.200 0.000
202409 12.343 108.900 12.774
202412 12.216 110.700 12.437
202503 12.412 111.100 12.591
202506 11.973 111.700 12.080
202509 11.615 112.000 11.688
202512 11.032 113.000 11.003
202603 11.116 112.700 11.116

Add all the adjusted book value per share together and divide the count will get our 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.

What does a Cyclically Adjusted PB Ratio of 2.86 mean?
NIKKON Holdings Co (FRA:1CM) has a Cyclically Adjusted PB Ratio of 2.86 as of Jul. 28, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on NIKKON Holdings Co and its competitors. This is 158% above median its historical median of 1.11. Over the past decade, NIKKON Holdings Co's Cyclically Adjusted PB Ratio has ranged from 0.72 to 3.58. According to the industry distribution chart, NIKKON Holdings Co ranks #601 out of 741 companies in the Transportation industry, placing it in the top 81.1%.
Is NIKKON Holdings Co's Cyclically Adjusted PB Ratio too high?
NIKKON Holdings Co's current Cyclically Adjusted PB Ratio of 2.86 is 158% above median its 10-year median of 1.11. Over the past 10 years, this metric has ranged from a low of 0.72 to a high of 3.58. The Transportation industry median Cyclically Adjusted PB Ratio is 1.27. NIKKON Holdings Co's value of 2.86 is 125.2% above this industry median. Based on the distribution chart, NIKKON Holdings Co ranks #601 out of 741 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, NIKKON Holdings Co has a GF Score™ of 71/100, reflecting its overall financial health beyond just this single metric.
How does NIKKON Holdings Co's Cyclically Adjusted PB Ratio compare to UPS and FDX?
According to the Transportation industry distribution chart, NIKKON Holdings Co ranks #601 out of 741 companies for Cyclically Adjusted PB Ratio. This places NIKKON Holdings Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.27. NIKKON Holdings Co's value of 2.86 is 125.2% above this benchmark. Historically, NIKKON Holdings Co's own Cyclically Adjusted PB Ratio has ranged from 0.72 to 3.58 over the past decade. While the company's 10-year median is 1.11 vs. the industry median of 1.27, NIKKON Holdings Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a Transportation company?
The median Cyclically Adjusted PB Ratio among Transportation companies is 1.27, based on 741 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. NIKKON Holdings Co's current Cyclically Adjusted PB Ratio of 2.86 is 125.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on NIKKON Holdings Co and its competitors. For the Transportation industry, the median Cyclically Adjusted PB Ratio is 1.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NIKKON Holdings Co's current Cyclically Adjusted PB Ratio is 2.86, which is 158% above median its own 10-year median of 1.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NIKKON Holdings Co stock overvalued right now?
NIKKON Holdings Co (FRA:1CM) has a current Cyclically Adjusted PB Ratio of 2.86. The stock's GF Value™ is €12.92, compared to a current price of €26.80 — trading 107.4% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.86, which is 158% above median its 10-year median of 1.11 and 125.2% above the Transportation industry median of 1.27. NIKKON Holdings Co's overall GF Score™ is 71/100 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 PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For NIKKON Holdings Co (FRA:1CM), the current Cyclically Adjusted PB Ratio is 2.86 as of Jul. 28, 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 NIKKON Holdings Co (FRA:1CM) Overvalued in 2026?

Based on GuruFocus' analysis, NIKKON Holdings Co stock appears to be overvalued. The current stock price of €26.80 is trading 107.4% above its estimated GF Value™ of €12.92.

Key valuation signals for FRA:1CM:

  • Cyclically Adjusted PB Ratio: 2.86 (158% above median its 10-year median of 1.11)
  • GF Value™: €12.92 vs. price of €26.80 (107.4% above fair value)
  • GF Score™: 71/100 with 1 warning sign
  • Industry Position: 125.2% above the Transportation median (#601 of 741)

No single metric tells the full story. See the FRA:1CM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


NIKKON Holdings Co Business Description

Other Exchanges 9072:Japan
Address 6-17 Akashicho, Chuo-ku, Tokyo, JPN
NIKKON Holdings Co Ltd is engaged in the logistics services business through four reportable segments: Transportation, Warehousing, Packaging, and Testing. The Transportation segment handles the delivery of completed four-wheel and two-wheel vehicles, auto parts, housing equipment, and agricultural machinery. The Warehousing segment stores similar types of goods, while the Packaging segment manages distribution processing, delivery, and export packaging of auto parts. The Testing segment is responsible for testing completed vehicles and equipment.
71GF Score

Get the complete analysis for FRA:1CM

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

€26.80
Price
€12.92
GF Value