Nippon Signal Co (FRA:F6N) Cyclically Adjusted PB Ratio: 1.19 (As of Aug. 24, 2026) — 37% Above Median

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FRA:F6N Nippon Signal Co Ltd FRA:F6N
69 GF Score
Price €9.70
GF Value €7.22
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Nippon Signal Co Cyclically Adjusted PB Ratio?

Nippon Signal Co FRA:F6N +6.64% 69 Cyclically Adjusted PB Ratio is 1.19 as of Aug. 24, 2026, which is 37% above its 10-year median of 0.87. GuruFocus rates FRA:F6N with a GF Score™ of 69/100 and a GF Value™ of €7.22 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 2,133 Industrial Products companies, Nippon Signal Co ranks better than 69.29% on this metric.

As of today (2026-08-24), Nippon Signal Co's current share price is €9.704. Nippon Signal Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €8.14. Nippon Signal Co's Cyclically Adjusted PB Ratio for today is 1.19.

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

FRA:F6N' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.6   Med: 0.87   Max: 1.44
Current: 1.2

During the past years, Nippon Signal Co's highest Cyclically Adjusted PB Ratio was 1.44. The lowest was 0.60. And the median was 0.87.

FRA:F6N's Cyclically Adjusted PB Ratio is ranked better than
69.29% of 2133 companies
in the Industrial Products industry
Industry Median: 2.09 vs FRA:F6N: 1.20

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.

Nippon Signal Co's adjusted book value per share data for the three months ended in Jun. 2026 was €9.795. 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 €8.14 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nippon Signal Co  (FRA:F6N) 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.


Nippon Signal Co Cyclically Adjusted PB Ratio Related Terms


Nippon Signal Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Nippon Signal 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.

Nippon Signal Co Cyclically Adjusted PB Ratio Chart

Nippon Signal 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 0.76 0.85 0.78 0.63 1.08

Nippon Signal Co 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 0.75 0.84 0.89 1.08 1.04

FRA:F6N vs VRT, BE: Cyclically Adjusted PB Ratio Comparison

For the Electrical Equipment & Parts subindustry, Nippon Signal 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.


Nippon Signal Co Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Nippon Signal Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FRA:F6N
69GF Score
Nippon Signal Co Ltd FRA:F6N
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nippon Signal 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=9.704/8.14
=1.19

* 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.

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

For example, Nippon Signal Co's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=9.795/113.6000*113.6000
=9.795

Current CPI (Jun. 2026) = 113.6000.

Nippon Signal Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 9.981 98.000 11.570
201612 9.314 98.400 10.753
201703 9.896 98.100 11.460
201706 9.224 98.500 10.638
201709 8.750 98.800 10.061
201712 8.544 99.400 9.765
201803 9.300 99.200 10.650
201806 9.414 99.200 10.781
201809 9.467 99.900 10.765
201812 9.276 99.700 10.569
201903 10.017 99.700 11.414
201906 10.109 99.800 11.507
201909 10.757 100.100 12.208
201912 10.656 100.500 12.045
202003 10.733 100.300 12.156
202006 10.594 99.900 12.047
202009 10.318 99.900 11.733
202012 10.175 99.300 11.640
202103 10.493 99.900 11.932
202106 10.059 99.500 11.484
202109 10.375 100.100 11.774
202112 10.200 100.100 11.576
202203 10.649 101.100 11.966
202206 9.602 101.800 10.715
202209 9.756 103.100 10.750
202212 9.750 104.100 10.640
202303 10.010 104.400 10.892
202306 9.291 105.200 10.033
202309 9.156 106.200 9.794
202312 9.206 106.800 9.792
202403 9.532 107.200 10.101
202406 0.000 108.200 0.000
202409 9.679 108.900 10.097
202412 9.668 110.700 9.921
202503 10.210 111.100 10.440
202506 9.789 111.700 9.956
202509 9.661 112.000 9.799
202512 9.418 113.000 9.468
202603 9.993 112.700 10.073
202606 9.795 113.600 9.795

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 1.19 mean?
Nippon Signal Co (FRA:F6N) has a Cyclically Adjusted PB Ratio of 1.19 as of Aug. 24, 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 Nippon Signal Co and its competitors. This is 37% above median its historical median of 0.87. Over the past decade, Nippon Signal Co's Cyclically Adjusted PB Ratio has ranged from 0.60 to 1.44. According to the industry distribution chart, Nippon Signal Co ranks #655 out of 2133 companies in the Industrial Products industry, placing it in the top 30.7%.
Is Nippon Signal Co's Cyclically Adjusted PB Ratio too high?
Nippon Signal Co's current Cyclically Adjusted PB Ratio of 1.19 is 37% above median its 10-year median of 0.87. Over the past 10 years, this metric has ranged from a low of 0.60 to a high of 1.44. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.09. Nippon Signal Co's value of 1.19 is 43.1% below this industry median. Based on the distribution chart, Nippon Signal Co ranks #655 out of 2133 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Nippon Signal Co has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nippon Signal Co's Cyclically Adjusted PB Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, Nippon Signal Co ranks #655 out of 2133 companies for Cyclically Adjusted PB Ratio. This puts Nippon Signal Co in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.09. Nippon Signal Co's value of 1.19 is 43.1% below this benchmark. Historically, Nippon Signal Co's own Cyclically Adjusted PB Ratio has ranged from 0.60 to 1.44 over the past decade. While the company's 10-year median is 0.87 vs. the industry median of 2.09, Nippon Signal 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 Industrial Products company?
The median Cyclically Adjusted PB Ratio among Industrial Products companies is 2.09, based on 2,133 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. Nippon Signal Co's current Cyclically Adjusted PB Ratio of 1.19 is 43.1% 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 Nippon Signal Co and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nippon Signal Co's current Cyclically Adjusted PB Ratio is 1.19, which is 37% above median its own 10-year median of 0.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon Signal Co stock overvalued right now?
Based on GuruFocus' analysis, Nippon Signal Co (FRA:F6N) is currently considered Significantly Overvalued. The stock's GF Value™ is €7.22, compared to a current price of €9.70 — trading 34.4% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.19, which is 37% above median its 10-year median of 0.87 and 43.1% below the Industrial Products industry median of 2.09. Nippon Signal Co's overall GF Score™ is 69/100 with 4 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 Nippon Signal Co (FRA:F6N), the current Cyclically Adjusted PB Ratio is 1.19 as of Aug. 24, 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 Nippon Signal Co (FRA:F6N) Overvalued in 2026?

Based on GuruFocus' analysis, Nippon Signal Co stock appears to be overvalued. The current stock price of €9.70 is trading 34.4% above its estimated GF Value™ of €7.22. GuruFocus considers Nippon Signal Co to be Significantly Overvalued.

Key valuation signals for FRA:F6N:

  • Cyclically Adjusted PB Ratio: 1.19 (37% above median its 10-year median of 0.87)
  • GF Value™: €7.22 vs. price of €9.70 (34.4% above fair value)
  • GF Score™: 69/100 with 4 warning signs
  • Industry Position: 43.1% below the Industrial Products median (#655 of 2133)

No single metric tells the full story. See the FRA:F6N stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nippon Signal Co Business Description

Other Exchanges 6741:Japan
Address 1-5-1, Marunouchi, Chiyoda-ku, Tokyo, JPN, 100-6513
Nippon Signal Co Ltd is a Japanese technology company. Its products and services fall into the following categories: railway signal systems, traffic information systems, automatic fare collection, or AFR, systems, and parking information systems. The railway signal systems division provides automatic train supervision systems, relay interlocking equipment, level-crossing systems, and LED information boards. The traffic information systems division offers universal traffic management systems, local controllers, and LED traffic signal lights. The AFR system division offers comprehensive network systems to automate station operations. The parking information systems division offers car parking systems and bicycle lock systems.
69GF Score

Get the complete analysis for FRA:F6N

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

€9.70
Price
€7.22
GF Value