NS United Kaiun Kaisha (FRA:8WN) Cyclically Adjusted PB Ratio: 1.37 (As of Jul. 16, 2026) — 56% Above Median

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FRA:8WN NS United Kaiun Kaisha Ltd FRA:8WN
78 GF Score
Price €39.00
GF Value €24.16
Valuation Significantly Overvalued
! 1 Warning Sign
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What is NS United Kaiun Kaisha Cyclically Adjusted PB Ratio?

NS United Kaiun Kaisha FRA:8WN +2.09% 78 Cyclically Adjusted PB Ratio is 1.37 as of Jul. 16, 2026, which is 56% above its 10-year median of 0.88. GuruFocus rates FRA:8WN with a GF Score™ of 78/100 and a GF Value™ of €24.16 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 737 Transportation companies, NS United Kaiun Kaisha ranks worse than 51.42% on this metric.

As of today (2026-07-16), NS United Kaiun Kaisha's current share price is €39.00. NS United Kaiun Kaisha's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €28.50. NS United Kaiun Kaisha's Cyclically Adjusted PB Ratio for today is 1.37.

The historical rank and industry rank for NS United Kaiun Kaisha's Cyclically Adjusted PB Ratio or its related term are showing as below:

FRA:8WN' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.39   Med: 0.88   Max: 1.62
Current: 1.28

During the past years, NS United Kaiun Kaisha's highest Cyclically Adjusted PB Ratio was 1.62. The lowest was 0.39. And the median was 0.88.

FRA:8WN's Cyclically Adjusted PB Ratio is ranked worse than
51.42% of 737 companies
in the Transportation industry
Industry Median: 1.24 vs FRA:8WN: 1.28

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.

NS United Kaiun Kaisha's adjusted book value per share data for the three months ended in Mar. 2026 was €43.303. 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 €28.50 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


NS United Kaiun Kaisha  (FRA:8WN) 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.


NS United Kaiun Kaisha Cyclically Adjusted PB Ratio Related Terms


NS United Kaiun Kaisha Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for NS United Kaiun Kaisha'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.

NS United Kaiun Kaisha Cyclically Adjusted PB Ratio Chart

NS United Kaiun Kaisha 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 1.21 1.06 1.08 0.83 1.39

NS United Kaiun Kaisha 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 0.83 0.80 1.01 1.18 1.39

NS United Kaiun Kaisha Cyclically Adjusted PB Ratio Competitor Comparison

For the Marine Shipping subindustry, NS United Kaiun Kaisha'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.


NS United Kaiun Kaisha Cyclically Adjusted PB Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, NS United Kaiun Kaisha's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where NS United Kaiun Kaisha's Cyclically Adjusted PB Ratio falls into.


FRA:8WN
78GF Score
NS United Kaiun Kaisha Ltd FRA:8WN
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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NS United Kaiun Kaisha 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.

NS United Kaiun Kaisha's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=39.00/28.50
=1.37

* 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.

NS United Kaiun Kaisha's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, NS United Kaiun Kaisha'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)
=43.303/112.7000*112.7000
=43.303

Current CPI (Mar. 2026) = 112.7000.

NS United Kaiun Kaisha Quarterly Data

Book Value per Share CPI Adj_Book
201606 25.269 98.100 29.030
201609 25.835 98.000 29.710
201612 26.654 98.400 30.527
201703 26.986 98.100 31.002
201706 26.506 98.500 30.327
201709 25.810 98.800 29.441
201712 26.461 99.400 30.002
201803 26.179 99.200 29.742
201806 26.959 99.200 30.628
201809 28.153 99.900 31.760
201812 28.683 99.700 32.423
201903 30.083 99.700 34.006
201906 30.198 99.800 34.101
201909 31.942 100.100 35.963
201912 31.910 100.500 35.784
202003 32.495 100.300 36.512
202006 32.382 99.900 36.531
202009 31.626 99.900 35.678
202012 31.846 99.300 36.143
202103 31.611 99.900 35.661
202106 31.634 99.500 35.831
202109 34.192 100.100 38.496
202112 36.114 100.100 40.660
202203 38.402 101.100 42.808
202206 37.168 101.800 41.148
202209 39.606 103.100 43.294
202212 40.140 104.100 43.456
202303 40.743 104.400 43.982
202306 38.504 105.200 41.249
202309 38.759 106.200 41.131
202312 39.258 106.800 41.427
202403 38.978 107.200 40.978
202406 37.857 108.200 39.431
202409 41.365 108.900 42.808
202412 41.937 110.700 42.695
202503 42.854 111.100 43.471
202506 41.907 111.700 42.282
202509 42.011 112.000 42.274
202512 41.701 113.000 41.590
202603 43.303 112.700 43.303

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 1.37 mean?
NS United Kaiun Kaisha (FRA:8WN) has a Cyclically Adjusted PB Ratio of 1.37 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 NS United Kaiun Kaisha and its competitors. This is 56% above median its historical median of 0.88. Over the past decade, NS United Kaiun Kaisha's Cyclically Adjusted PB Ratio has ranged from 0.39 to 1.62. According to the industry distribution chart, NS United Kaiun Kaisha ranks #379 out of 737 companies in the Transportation industry, placing it in the top 51.4%.
Is NS United Kaiun Kaisha's Cyclically Adjusted PB Ratio too high?
NS United Kaiun Kaisha's current Cyclically Adjusted PB Ratio of 1.37 is 56% above median its 10-year median of 0.88. Over the past 10 years, this metric has ranged from a low of 0.39 to a high of 1.62. The Transportation industry median Cyclically Adjusted PB Ratio is 1.24. NS United Kaiun Kaisha's value of 1.37 is 10.5% above this industry median. Based on the distribution chart, NS United Kaiun Kaisha ranks #379 out of 737 companies in the Transportation industry, which is below the industry midpoint. Overall, NS United Kaiun Kaisha has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NS United Kaiun Kaisha's Cyclically Adjusted PB Ratio compare to competitors?
According to the Transportation industry distribution chart, NS United Kaiun Kaisha ranks #379 out of 737 companies for Cyclically Adjusted PB Ratio. This places NS United Kaiun Kaisha in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.24. NS United Kaiun Kaisha's value of 1.37 is 10.5% above this benchmark. Historically, NS United Kaiun Kaisha's own Cyclically Adjusted PB Ratio has ranged from 0.39 to 1.62 over the past decade. While the company's 10-year median is 0.88 vs. the industry median of 1.24, NS United Kaiun Kaisha 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 1.24, based on 737 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. NS United Kaiun Kaisha's current Cyclically Adjusted PB Ratio of 1.37 is 10.5% 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 NS United Kaiun Kaisha and its competitors. For the Transportation industry, the median Cyclically Adjusted PB Ratio is 1.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NS United Kaiun Kaisha's current Cyclically Adjusted PB Ratio is 1.37, which is 56% above median its own 10-year median of 0.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NS United Kaiun Kaisha stock overvalued right now?
Based on GuruFocus' analysis, NS United Kaiun Kaisha (FRA:8WN) is currently considered Significantly Overvalued. The stock's GF Value™ is €24.16, compared to a current price of €39.00 — trading 61.4% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.37, which is 56% above median its 10-year median of 0.88 and 10.5% above the Transportation industry median of 1.24. NS United Kaiun Kaisha's overall GF Score™ is 78/100 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 NS United Kaiun Kaisha (FRA:8WN), the current Cyclically Adjusted PB Ratio is 1.37 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 NS United Kaiun Kaisha (FRA:8WN) Overvalued in 2026?

Based on GuruFocus' analysis, NS United Kaiun Kaisha stock appears to be overvalued. The current stock price of €39.00 is trading 61.4% above its estimated GF Value™ of €24.16. GuruFocus considers NS United Kaiun Kaisha to be Significantly Overvalued.

Key valuation signals for FRA:8WN:

  • Cyclically Adjusted PB Ratio: 1.37 (56% above median its 10-year median of 0.88)
  • GF Value™: €24.16 vs. price of €39.00 (61.4% above fair value)
  • GF Score™: 78/100 with 1 warning sign
  • Industry Position: 10.5% above the Transportation median (#379 of 737)

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


NS United Kaiun Kaisha Business Description

Other Exchanges NSUKF:USA9110:Japan
Address 21, 22 Floor, Otemachi First Square West Tower, 5-1 Otemachi 1-chome, Chiyoda-ku, Tokyo, JPN, 100-8108
NS United Kaiun Kaisha Ltd is engaged in the marine business. The company provides land and sea transportation, operates as a shipping agent for land, air, and marine transportation, and property and act as some life insurance agency operations. Additionally, it also manufactures, maintains and sells shipping equipment as well as is also involved in the real-estate operations. The company offers marine transportation services such as raw materials and fuel for the iron production industry, raw materials for other industries, various energy resources, industrial products, and feed grains.
78GF Score

Get the complete analysis for FRA:8WN

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

€39.00
Price
€24.16
GF Value