Nitto Boseki Co (FRA:NB5) Cyclically Adjusted PB Ratio: (As of Aug. 05, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:NB5 Nitto Boseki Co Ltd FRA:NB5
81 GF Score
Price €21.00
GF Value €8.06
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Nitto Boseki Co Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Nitto Boseki Co  (FRA:NB5) 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.


Nitto Boseki Co Cyclically Adjusted PB Ratio Related Terms


Nitto Boseki Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Nitto Boseki 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.

Nitto Boseki Co Cyclically Adjusted PB Ratio Chart

Nitto Boseki 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 0.27 0.17 0.47 0.30 0.00

Nitto Boseki 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 0.30 0.43 0.46 0.69 0.00

Nitto Boseki Co Cyclically Adjusted PB Ratio Competitor Comparison

For the Textile Manufacturing subindustry, Nitto Boseki 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.


Nitto Boseki Co Cyclically Adjusted PB Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Nitto Boseki Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FRA:NB5
81GF Score
Nitto Boseki Co Ltd FRA:NB5
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nitto Boseki 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.

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

For example, Nitto Boseki 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)
=25.993/112.7000*112.7000
=25.993

Current CPI (Mar. 2026) = 112.7000.

Nitto Boseki Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 15.168 98.100 17.425
201609 15.896 98.000 18.280
201612 20.607 98.400 23.602
201703 16.395 98.100 18.835
201706 16.408 98.500 18.773
201709 16.499 98.800 18.820
201712 16.649 99.400 18.877
201803 17.072 99.200 19.395
201806 17.290 99.200 19.643
201809 17.595 99.900 19.849
201812 17.663 99.700 19.966
201903 18.409 99.700 20.809
201906 18.695 99.800 21.111
201909 20.074 100.100 22.601
201912 19.894 100.500 22.309
202003 20.289 100.300 22.797
202006 20.653 99.900 23.299
202009 20.298 99.900 22.899
202012 19.816 99.300 22.490
202103 19.744 99.900 22.274
202106 19.390 99.500 21.962
202109 20.280 100.100 22.833
202112 20.683 100.100 23.286
202203 20.885 101.100 23.281
202206 20.266 101.800 22.436
202209 21.112 103.100 23.078
202212 21.237 104.100 22.991
202303 19.919 104.400 21.503
202306 18.829 105.200 20.171
202309 19.241 106.200 20.419
202312 19.621 106.800 20.705
202403 19.935 107.200 20.958
202406 19.644 108.200 20.461
202409 21.525 108.900 22.276
202412 21.230 110.700 21.614
202503 22.113 111.100 22.431
202506 21.092 111.700 21.281
202509 21.556 112.000 21.691
202512 24.814 113.000 24.748
202603 25.993 112.700 25.993

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.

Is Nitto Boseki Co (FRA:NB5) Overvalued in 2026?

Based on GuruFocus' analysis, Nitto Boseki Co stock appears to be overvalued. The current stock price of €21.00 is trading 160.5% above its estimated GF Value™ of €8.06. GuruFocus considers Nitto Boseki Co to be Significantly Overvalued.

Key valuation signals for FRA:NB5:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: €8.06 vs. price of €21.00 (160.5% above fair value)
  • GF Score™: 81/100 with 2 warning signs

No single metric tells the full story. See the FRA:NB5 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nitto Boseki Co Business Description

Other Exchanges NBCLF:USA3110:Japan
Address 2-4-1, Kojimachi, Chiyoda-ku, Tokyo, JPN, 102-8489
Nitto Boseki Co Ltd is engaged in the textile business. It operates in six segments: Textiles Business engages in the manufacture and sales of textiles products (core-spun yarn, stretch products, interlining and other finished products, etc.); Glass Fiber Yam Business engages in the manufacture and sales of glass raw fiber products (yarn, roving, chopped strands, etc.); Glass Fiber Cloth Business engages in the manufacture and sales of glass fiber functional products (glass cloth, etc.); Glass Fiber for Industrial Materials Business engages in the manufacture and sales of glass fiber products for use in industrial materials and the manufacture and sales of glass wool products (for use in thermal insulation materials); Life Science Business; and Other segment.
81GF Score

Get the complete analysis for FRA:NB5

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

€21.00
Price
€8.06
GF Value