Namura Shipbuilding Co (FRA:8AF) Cyclically Adjusted PB Ratio: 3.29 (As of Jul. 16, 2026) — 683% Above Median

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FRA:8AF Namura Shipbuilding Co Ltd FRA:8AF
67 GF Score
Price €21.00
GF Value €11.73
! 2 Warning Signs
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What is Namura Shipbuilding Co Cyclically Adjusted PB Ratio?

Namura Shipbuilding Co FRA:8AF +0.96% 67 Cyclically Adjusted PB Ratio is 3.29 as of Jul. 16, 2026, which is 683% above its 10-year median of 0.42. GuruFocus rates FRA:8AF with a GF Score™ of 67/100 and a GF Value™ of €11.73. The stock has 2 warning signs investors should review. Among 214 Aerospace & Defense companies, Namura Shipbuilding Co ranks better than 54.21% on this metric.

As of today (2026-07-16), Namura Shipbuilding Co's current share price is €21.00. Namura Shipbuilding Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €6.39. Namura Shipbuilding Co's Cyclically Adjusted PB Ratio for today is 3.29.

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

FRA:8AF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.12   Med: 0.42   Max: 4.81
Current: 3.25

During the past years, Namura Shipbuilding Co's highest Cyclically Adjusted PB Ratio was 4.81. The lowest was 0.12. And the median was 0.42.

FRA:8AF's Cyclically Adjusted PB Ratio is ranked better than
54.21% of 214 companies
in the Aerospace & Defense industry
Industry Median: 3.755 vs FRA:8AF: 3.25

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.

Namura Shipbuilding Co's adjusted book value per share data for the three months ended in Mar. 2026 was €10.749. 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 €6.39 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Namura Shipbuilding Co  (FRA:8AF) 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.


Namura Shipbuilding Co Cyclically Adjusted PB Ratio Related Terms


Namura Shipbuilding Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Namura Shipbuilding 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.

Namura Shipbuilding Co Cyclically Adjusted PB Ratio Chart

Namura Shipbuilding 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 0.28 0.30 1.72 1.97 3.57

Namura Shipbuilding 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 1.97 2.71 2.94 3.03 3.57

FRA:8AF vs SPCX, GE, RTX: Cyclically Adjusted PB Ratio Comparison

For the Aerospace & Defense subindustry, Namura Shipbuilding 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.


Namura Shipbuilding Co Cyclically Adjusted PB Ratio vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Namura Shipbuilding Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FRA:8AF
67GF Score
Namura Shipbuilding Co Ltd FRA:8AF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Namura Shipbuilding 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=21.00/6.39
=3.29

* 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.

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

For example, Namura Shipbuilding 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)
=10.749/112.7000*112.7000
=10.749

Current CPI (Mar. 2026) = 112.7000.

Namura Shipbuilding Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 12.054 98.100 13.848
201609 12.367 98.000 14.222
201612 12.255 98.400 14.036
201703 11.712 98.100 13.455
201706 11.046 98.500 12.638
201709 10.321 98.800 11.773
201712 10.113 99.400 11.466
201803 8.428 99.200 9.575
201806 8.567 99.200 9.733
201809 8.224 99.900 9.278
201812 8.527 99.700 9.639
201903 8.614 99.700 9.737
201906 8.125 99.800 9.175
201909 7.809 100.100 8.792
201912 7.281 100.500 8.165
202003 6.798 100.300 7.638
202006 6.425 99.900 7.248
202009 6.050 99.900 6.825
202012 4.624 99.300 5.248
202103 4.515 99.900 5.093
202106 4.019 99.500 4.552
202109 4.232 100.100 4.765
202112 4.492 100.100 5.057
202203 4.124 101.100 4.597
202206 4.791 101.800 5.304
202209 4.895 103.100 5.351
202212 5.055 104.100 5.473
202303 5.042 104.400 5.443
202306 5.288 105.200 5.665
202309 5.737 106.200 6.088
202312 6.209 106.800 6.552
202403 7.057 107.200 7.419
202406 0.000 108.200 0.000
202409 8.498 108.900 8.795
202412 9.058 110.700 9.222
202503 9.371 111.100 9.506
202506 9.499 111.700 9.584
202509 9.800 112.000 9.861
202512 9.903 113.000 9.877
202603 10.749 112.700 10.749

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 3.29 mean?
Namura Shipbuilding Co (FRA:8AF) has a Cyclically Adjusted PB Ratio of 3.29 as of Jul. 16, 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 Namura Shipbuilding Co and its competitors. This is 683% above median its historical median of 0.42. Over the past decade, Namura Shipbuilding Co's Cyclically Adjusted PB Ratio has ranged from 0.12 to 4.81. According to the industry distribution chart, Namura Shipbuilding Co ranks #98 out of 214 companies in the Aerospace & Defense industry, placing it in the top 45.8%.
Is Namura Shipbuilding Co's Cyclically Adjusted PB Ratio too high?
Namura Shipbuilding Co's current Cyclically Adjusted PB Ratio of 3.29 is 683% above median its 10-year median of 0.42. Over the past 10 years, this metric has ranged from a low of 0.12 to a high of 4.81. The Aerospace & Defense industry median Cyclically Adjusted PB Ratio is 3.76. Namura Shipbuilding Co's value of 3.29 is 12.4% below this industry median. Based on the distribution chart, Namura Shipbuilding Co ranks #98 out of 214 companies in the Aerospace & Defense industry, which is above the industry midpoint. Overall, Namura Shipbuilding Co has a GF Score™ of 67/100, reflecting its overall financial health beyond just this single metric.
How does Namura Shipbuilding Co's Cyclically Adjusted PB Ratio compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Namura Shipbuilding Co ranks #98 out of 214 companies for Cyclically Adjusted PB Ratio. This puts Namura Shipbuilding Co in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 3.76. Namura Shipbuilding Co's value of 3.29 is 12.4% below this benchmark. Historically, Namura Shipbuilding Co's own Cyclically Adjusted PB Ratio has ranged from 0.12 to 4.81 over the past decade. While the company's 10-year median is 0.42 vs. the industry median of 3.76, Namura Shipbuilding 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 an Aerospace & Defense company?
The median Cyclically Adjusted PB Ratio among Aerospace & Defense companies is 3.76, based on 214 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. Namura Shipbuilding Co's current Cyclically Adjusted PB Ratio of 3.29 is 12.4% 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 Namura Shipbuilding Co and its competitors. For the Aerospace & Defense industry, the median Cyclically Adjusted PB Ratio is 3.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Namura Shipbuilding Co's current Cyclically Adjusted PB Ratio is 3.29, which is 683% above median its own 10-year median of 0.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Namura Shipbuilding Co stock overvalued right now?
Namura Shipbuilding Co (FRA:8AF) has a current Cyclically Adjusted PB Ratio of 3.29. The stock's GF Value™ is €11.73, compared to a current price of €21.00 — trading 79% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 3.29, which is 683% above median its 10-year median of 0.42 and 12.4% below the Aerospace & Defense industry median of 3.76. Namura Shipbuilding Co's overall GF Score™ is 67/100 with 2 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 Namura Shipbuilding Co (FRA:8AF), the current Cyclically Adjusted PB Ratio is 3.29 as of Jul. 16, 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 Namura Shipbuilding Co (FRA:8AF) Overvalued in 2026?

Based on GuruFocus' analysis, Namura Shipbuilding Co stock appears to be overvalued. The current stock price of €21.00 is trading 79% above its estimated GF Value™ of €11.73.

Key valuation signals for FRA:8AF:

  • Cyclically Adjusted PB Ratio: 3.29 (683% above median its 10-year median of 0.42)
  • GF Value™: €11.73 vs. price of €21.00 (79% above fair value)
  • GF Score™: 67/100 with 2 warning signs
  • Industry Position: 12.4% below the Aerospace & Defense median (#98 of 214)

No single metric tells the full story. See the FRA:8AF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Namura Shipbuilding Co Business Description

Other Exchanges NMRSF:USA7014:Japan
Address 1-9, Itachibori 2-chome, Nikken Building, 8th Floor, Nishi-ku, Osaka, JPN
Namura Shipbuilding Co Ltd is in the business of infrastructure development operating in Japan. The company is in the business of shipbuilding, ship repairs, design, production and installation of bridge, floodgate and steel structure. Its products are bulk carrier, ore carrier, oil tanker, and LPG (Liquefied Petroleum Gas) carrier. The company also constructs car carriers, container ships, and cement carriers. In addition, the company offers maintenance work on aluminum high-speed passenger ships.
67GF Score

Get the complete analysis for FRA:8AF

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

€21.00
Price
€11.73
GF Value