Nippn (FRA:9X9) Cyclically Adjusted PB Ratio: 1.16 (As of Sep. 01, 2026) — 14% Above Median

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FRA:9X9 Nippn Corp FRA:9X9
70 GF Score
Price €15.60
GF Value €13.30
! 6 Warning Signs
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What is Nippn Cyclically Adjusted PB Ratio?

Nippn FRA:9X9 70 Cyclically Adjusted PB Ratio is 1.16 as of Sep. 01, 2026, which is 14% above its 10-year median of 1.02. GuruFocus rates FRA:9X9 with a GF Score™ of 70/100 and a GF Value™ of €13.30. The stock has 6 warning signs investors should review. Among 1,267 Consumer Packaged Goods companies, Nippn ranks better than 52.88% on this metric.

As of today (2026-09-01), Nippn's current share price is €15.60. Nippn's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €13.48. Nippn's Cyclically Adjusted PB Ratio for today is 1.16.

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

FRA:9X9' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.81   Med: 1.02   Max: 1.36
Current: 1.17

During the past years, Nippn's highest Cyclically Adjusted PB Ratio was 1.36. The lowest was 0.81. And the median was 1.02.

FRA:9X9's Cyclically Adjusted PB Ratio is ranked better than
52.88% of 1267 companies
in the Consumer Packaged Goods industry
Industry Median: 1.26 vs FRA:9X9: 1.17

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.

Nippn's adjusted book value per share data for the three months ended in Mar. 2026 was €18.625. 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 €13.48 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nippn  (FRA:9X9) 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.


Nippn Cyclically Adjusted PB Ratio Related Terms


Nippn Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Nippn'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.

Nippn Cyclically Adjusted PB Ratio Chart

Nippn 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 0.92 0.84 1.11 0.93 1.09

Nippn Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.90 0.96 0.00 1.09 0.00

FRA:9X9 vs KHC, GIS: Cyclically Adjusted PB Ratio Comparison

For the Packaged Foods subindustry, Nippn'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.


Nippn Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

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

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


FRA:9X9
70GF Score
Nippn Corp FRA:9X9
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nippn 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.

Nippn's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=15.60/13.48
=1.16

* 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.

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

For example, Nippn'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)
=18.625/112.7000*112.7000
=18.625

Current CPI (Mar. 2026) = 112.7000.

Nippn Quarterly Data

Book Value per Share CPI Adj_Book
201606 13.736 98.100 15.780
201609 14.423 98.000 16.586
201612 14.255 98.400 16.327
201703 14.786 98.100 16.987
201706 14.682 98.500 16.799
201709 14.103 98.800 16.087
201712 14.376 99.400 16.300
201803 14.526 99.200 16.503
201806 14.913 99.200 16.942
201809 15.030 99.900 16.956
201812 15.111 99.700 17.081
201903 15.638 99.700 17.677
201906 16.035 99.800 18.108
201909 16.746 100.100 18.854
201912 16.765 100.500 18.800
202003 16.883 100.300 18.970
202006 16.733 99.900 18.877
202009 16.623 99.900 18.753
202012 16.424 99.300 18.640
202103 16.561 99.900 18.683
202106 16.229 99.500 18.382
202109 17.007 100.100 19.148
202112 17.243 100.100 19.413
202203 17.380 101.100 19.374
202206 16.281 101.800 18.024
202209 16.588 103.100 18.133
202212 16.879 104.100 18.273
202303 16.931 104.400 18.277
202306 16.651 105.200 17.838
202309 16.626 106.200 17.644
202312 17.194 106.800 18.144
202403 17.667 107.200 18.573
202406 0.000 108.200 0.000
202409 19.350 108.900 20.025
202412 19.327 110.700 19.676
202503 19.261 111.100 19.538
202506 19.364 111.700 19.537
202509 18.161 112.000 18.275
202512 0.000 113.000 0.000
202603 18.625 112.700 18.625

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 1.16 mean?
Nippn (FRA:9X9) has a Cyclically Adjusted PB Ratio of 1.16 as of Sep. 01, 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 Nippn and its competitors. This is 14% above median its historical median of 1.02. Over the past decade, Nippn's Cyclically Adjusted PB Ratio has ranged from 0.81 to 1.36. According to the industry distribution chart, Nippn ranks #597 out of 1267 companies in the Consumer Packaged Goods industry, placing it in the top 47.1%.
Is Nippn's Cyclically Adjusted PB Ratio too high?
Nippn's current Cyclically Adjusted PB Ratio of 1.16 is 14% above median its 10-year median of 1.02. Over the past 10 years, this metric has ranged from a low of 0.81 to a high of 1.36. The Consumer Packaged Goods industry median Cyclically Adjusted PB Ratio is 1.26. Nippn's value of 1.16 is 7.9% below this industry median. Based on the distribution chart, Nippn ranks #597 out of 1267 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Nippn has a GF Score™ of 70/100, reflecting its overall financial health beyond just this single metric.
How does Nippn's Cyclically Adjusted PB Ratio compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Nippn ranks #597 out of 1267 companies for Cyclically Adjusted PB Ratio. This puts Nippn in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.26. Nippn's value of 1.16 is 7.9% below this benchmark. Historically, Nippn's own Cyclically Adjusted PB Ratio has ranged from 0.81 to 1.36 over the past decade. While the company's 10-year median is 1.02 vs. the industry median of 1.26, Nippn 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 Consumer Packaged Goods company?
The median Cyclically Adjusted PB Ratio among Consumer Packaged Goods companies is 1.26, based on 1,267 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. Nippn's current Cyclically Adjusted PB Ratio of 1.16 is 7.9% 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 Nippn and its competitors. For the Consumer Packaged Goods industry, the median Cyclically Adjusted PB Ratio is 1.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nippn's current Cyclically Adjusted PB Ratio is 1.16, which is 14% above median its own 10-year median of 1.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippn stock overvalued right now?
Nippn (FRA:9X9) has a current Cyclically Adjusted PB Ratio of 1.16. The stock's GF Value™ is €13.30, compared to a current price of €15.60 — trading 17.3% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.16, which is 14% above median its 10-year median of 1.02 and 7.9% below the Consumer Packaged Goods industry median of 1.26. Nippn's overall GF Score™ is 70/100 with 6 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 Nippn (FRA:9X9), the current Cyclically Adjusted PB Ratio is 1.16 as of Sep. 01, 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 Nippn (FRA:9X9) Overvalued in 2026?

Based on GuruFocus' analysis, Nippn stock appears to be overvalued. The current stock price of €15.60 is trading 17.3% above its estimated GF Value™ of €13.30.

Key valuation signals for FRA:9X9:

  • Cyclically Adjusted PB Ratio: 1.16 (14% above median its 10-year median of 1.02)
  • GF Value™: €13.30 vs. price of €15.60 (17.3% above fair value)
  • GF Score™: 70/100 with 6 warning signs
  • Industry Position: 7.9% below the Consumer Packaged Goods median (#597 of 1267)

No single metric tells the full story. See the FRA:9X9 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nippn Business Description

Other Exchanges 2001:Japan9X9:Germany
Address 4-8 Kojimachi, Chiyoda-ku, Tokyo, JPN, 102-0083
Nippn Corp along with its subsidiaries is into the business of flour milling, manufacture and sale of food ingredients, processed foods, meal solutions, frozen foods, manufacture and sell of health foods, cosmetics, pet foods and other business including management of sports facilities and bioscience business. The company operates in Japan, United States, Indonesia, and Thailand.
70GF Score

Get the complete analysis for FRA:9X9

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

€15.60
Price
€13.30
GF Value