NAFCO Co (FRA:64E) Cyclically Adjusted PB Ratio: 0.38 (As of Aug. 04, 2026) — Near Median

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FRA:64E NAFCO Co Ltd FRA:64E
64 GF Score
Price €12.00
GF Value €10.90
! 5 Warning Signs
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What is NAFCO Co Cyclically Adjusted PB Ratio?

NAFCO Co FRA:64E +1.69% 64 Cyclically Adjusted PB Ratio is 0.38 as of Aug. 04, 2026, which is 3% above its 10-year median of 0.37. GuruFocus rates FRA:64E with a GF Score™ of 64/100 and a GF Value™ of €10.90. The stock has 5 warning signs investors should review. Among 806 Retail - Cyclical companies, NAFCO Co ranks better than 83.13% on this metric.

As of today (2026-08-04), NAFCO Co's current share price is €12.00. NAFCO Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €31.37. NAFCO Co's Cyclically Adjusted PB Ratio for today is 0.38.

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

FRA:64E' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.21   Med: 0.37   Max: 0.58
Current: 0.38

During the past years, NAFCO Co's highest Cyclically Adjusted PB Ratio was 0.58. The lowest was 0.21. And the median was 0.37.

FRA:64E's Cyclically Adjusted PB Ratio is ranked better than
83.13% of 806 companies
in the Retail - Cyclical industry
Industry Median: 1.25 vs FRA:64E: 0.38

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.

NAFCO Co's adjusted book value per share data for the three months ended in Mar. 2026 was €33.891. 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 €31.37 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


NAFCO Co  (FRA:64E) 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.


NAFCO Co Cyclically Adjusted PB Ratio Related Terms


NAFCO Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for NAFCO 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.

NAFCO Co Cyclically Adjusted PB Ratio Chart

NAFCO 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 0.36 0.35 0.50 0.32 0.36

NAFCO 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 0.32 0.31 0.36 0.38 0.36

FRA:64E vs HD, LOW, FND: Cyclically Adjusted PB Ratio Comparison

For the Home Improvement Retail subindustry, NAFCO 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.


NAFCO Co Cyclically Adjusted PB Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, NAFCO Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FRA:64E
64GF Score
NAFCO Co Ltd FRA:64E
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

NAFCO 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=12.00/31.37
=0.38

* 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.

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

For example, NAFCO 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)
=33.891/112.7000*112.7000
=33.891

Current CPI (Mar. 2026) = 112.7000.

NAFCO Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 37.396 98.100 42.962
201609 39.092 98.000 44.956
201612 36.911 98.400 42.275
201703 37.310 98.100 42.863
201706 36.543 98.500 41.811
201709 34.794 98.800 39.689
201712 34.686 99.400 39.327
201803 35.306 99.200 40.111
201806 37.091 99.200 42.139
201809 36.725 99.900 41.431
201812 37.949 99.700 42.897
201903 38.621 99.700 43.657
201906 40.122 99.800 45.308
201909 41.750 100.100 47.005
201912 41.080 100.500 46.067
202003 41.883 100.300 47.061
202006 42.335 99.900 47.759
202009 42.291 99.900 47.710
202012 42.331 99.300 48.043
202103 41.346 99.900 46.644
202106 40.488 99.500 45.859
202109 41.908 100.100 47.183
202112 42.745 100.100 48.125
202203 42.294 101.100 47.147
202206 39.489 101.800 43.717
202209 39.772 103.100 43.475
202212 39.739 104.100 43.022
202303 39.585 104.400 42.732
202306 37.183 105.200 39.834
202309 36.290 106.200 38.511
202312 36.515 106.800 38.532
202403 36.546 107.200 38.421
202406 35.068 108.200 36.526
202409 37.405 108.900 38.710
202412 36.853 110.700 37.519
202503 38.864 111.100 39.424
202506 37.593 111.700 37.930
202509 36.116 112.000 36.342
202512 34.334 113.000 34.243
202603 33.891 112.700 33.891

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 0.38 mean?
NAFCO Co (FRA:64E) has a Cyclically Adjusted PB Ratio of 0.38 as of Aug. 04, 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 NAFCO Co and its competitors. This is near median its historical median of 0.37. Over the past decade, NAFCO Co's Cyclically Adjusted PB Ratio has ranged from 0.21 to 0.58. According to the industry distribution chart, NAFCO Co ranks #136 out of 806 companies in the Retail - Cyclical industry, placing it in the top 16.9%.
Is NAFCO Co's Cyclically Adjusted PB Ratio too high?
NAFCO Co's current Cyclically Adjusted PB Ratio of 0.38 is near median its 10-year median of 0.37. Over the past 10 years, this metric has ranged from a low of 0.21 to a high of 0.58. The Retail - Cyclical industry median Cyclically Adjusted PB Ratio is 1.25. NAFCO Co's value of 0.38 is 69.6% below this industry median. Based on the distribution chart, NAFCO Co ranks #136 out of 806 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, NAFCO Co has a GF Score™ of 64/100, reflecting its overall financial health beyond just this single metric.
How does NAFCO Co's Cyclically Adjusted PB Ratio compare to HD and LOW?
According to the Retail - Cyclical industry distribution chart, NAFCO Co ranks #136 out of 806 companies for Cyclically Adjusted PB Ratio. This places NAFCO Co in the top 17% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.25. NAFCO Co's value of 0.38 is 69.6% below this benchmark. Historically, NAFCO Co's own Cyclically Adjusted PB Ratio has ranged from 0.21 to 0.58 over the past decade. While the company's 10-year median is 0.37 vs. the industry median of 1.25, NAFCO Co has consistently been below 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 Retail - Cyclical company?
The median Cyclically Adjusted PB Ratio among Retail - Cyclical companies is 1.25, based on 806 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. NAFCO Co's current Cyclically Adjusted PB Ratio of 0.38 is 69.6% below 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 NAFCO Co and its competitors. For the Retail - Cyclical industry, the median Cyclically Adjusted PB Ratio is 1.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NAFCO Co's current Cyclically Adjusted PB Ratio is 0.38, which is near median its own 10-year median of 0.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NAFCO Co stock overvalued right now?
NAFCO Co (FRA:64E) has a current Cyclically Adjusted PB Ratio of 0.38. The stock's GF Value™ is €10.90, compared to a current price of €12.00 — trading 10.1% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.38, which is near median its 10-year median of 0.37 and 69.6% below the Retail - Cyclical industry median of 1.25. NAFCO Co's overall GF Score™ is 64/100 with 5 warning signs 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 NAFCO Co (FRA:64E), the current Cyclically Adjusted PB Ratio is 0.38 as of Aug. 04, 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 NAFCO Co (FRA:64E) Overvalued in 2026?

Based on GuruFocus' analysis, NAFCO Co stock appears to be overvalued. The current stock price of €12.00 is trading 10.1% above its estimated GF Value™ of €10.90.

Key valuation signals for FRA:64E:

  • Cyclically Adjusted PB Ratio: 0.38 (near median its 10-year median of 0.37)
  • GF Value™: €10.90 vs. price of €12.00 (10.1% above fair value)
  • GF Score™: 64/100 with 5 warning signs
  • Industry Position: 69.6% below the Retail - Cyclical median (#136 of 806)

No single metric tells the full story. See the FRA:64E stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


NAFCO Co Business Description

Other Exchanges 2790:Japan
Address 2-6-10, Uomachi, 7th Floor, Kokura Kita-ku, Kitakyushu, JPN, 802-0006
NAFCO Co Ltd Is a Japan-based company engages in the operation of home and furniture retail stores. The company offers household commodities, cooking appliances, footwear, food, storage equipment, furniture, floor coverings, curtains, interior accessories, lighting, beddings and others. All the business activity of the group is functioned through Japan and it products are sold with in Japanese and to the overseas region.
64GF Score

Get the complete analysis for FRA:64E

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

€12.00
Price
€10.90
GF Value