Nihon Trim Co (FRA:NH8) Cyclically Adjusted PB Ratio: 1.68 (As of Jul. 28, 2026) — Near Median

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FRA:NH8 Nihon Trim Co Ltd FRA:NH8
85 GF Score
Price €24.60
GF Value €23.93
Valuation Fairly Valued
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What is Nihon Trim Co Cyclically Adjusted PB Ratio?

Nihon Trim Co FRA:NH8 +2.50% 85 Cyclically Adjusted PB Ratio is 1.68 as of Jul. 28, 2026, which is 4% below its 10-year median of 1.75. GuruFocus rates FRA:NH8 with a GF Score™ of 85/100 and a GF Value™ of €23.93 (Fairly Valued). Among 2,278 Industrial Products companies, Nihon Trim Co ranks better than 58.78% on this metric.

As of today (2026-07-28), Nihon Trim Co's current share price is €24.60. Nihon Trim Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €14.60. Nihon Trim Co's Cyclically Adjusted PB Ratio for today is 1.68.

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

FRA:NH8' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.06   Med: 1.75   Max: 3.86
Current: 1.67

During the past years, Nihon Trim Co's highest Cyclically Adjusted PB Ratio was 3.86. The lowest was 1.06. And the median was 1.75.

FRA:NH8's Cyclically Adjusted PB Ratio is ranked better than
58.78% of 2278 companies
in the Industrial Products industry
Industry Median: 2.105 vs FRA:NH8: 1.67

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.

Nihon Trim Co's adjusted book value per share data for the three months ended in Mar. 2026 was €17.409. 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 €14.60 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nihon Trim Co  (FRA:NH8) 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.


Nihon Trim Co Cyclically Adjusted PB Ratio Related Terms


Nihon Trim Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Nihon Trim 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.

Nihon Trim Co Cyclically Adjusted PB Ratio Chart

Nihon Trim 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 1.25 1.35 1.62 1.49 1.58

Nihon Trim 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 1.49 1.66 1.75 1.87 1.58

FRA:NH8 vs VLTO, ZWS, CECO: Cyclically Adjusted PB Ratio Comparison

For the Pollution & Treatment Controls subindustry, Nihon Trim 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.


Nihon Trim Co Cyclically Adjusted PB Ratio vs Industrial Products Industry

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

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


FRA:NH8
85GF Score
Nihon Trim Co Ltd FRA:NH8
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nihon Trim 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.

Nihon Trim Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=24.60/14.60
=1.68

* 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.

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

For example, Nihon Trim 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)
=17.409/112.7000*112.7000
=17.409

Current CPI (Mar. 2026) = 112.7000.

Nihon Trim Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 17.027 98.100 19.561
201609 18.180 98.000 20.907
201612 17.128 98.400 19.617
201703 17.663 98.100 20.292
201706 17.028 98.500 19.483
201709 16.267 98.800 18.556
201712 15.948 99.400 18.082
201803 16.449 99.200 18.688
201806 16.407 99.200 18.640
201809 16.351 99.900 18.446
201812 16.830 99.700 19.024
201903 17.250 99.700 19.499
201906 17.689 99.800 19.975
201909 18.862 100.100 21.236
201912 18.627 100.500 20.888
202003 17.925 100.300 20.141
202006 17.217 99.900 19.423
202009 17.282 99.900 19.496
202012 17.426 99.300 19.778
202103 17.337 99.900 19.558
202106 18.380 99.500 20.818
202109 19.450 100.100 21.898
202112 19.940 100.100 22.450
202203 19.824 101.100 22.099
202206 18.191 101.800 20.139
202209 18.647 103.100 20.383
202212 18.830 104.100 20.386
202303 19.170 104.400 20.694
202306 17.482 105.200 18.728
202309 17.647 106.200 18.727
202312 18.177 106.800 19.181
202403 17.877 107.200 18.794
202406 17.012 108.200 17.720
202409 18.860 108.900 19.518
202412 18.985 110.700 19.328
202503 19.396 111.100 19.675
202506 18.123 111.700 18.285
202509 17.777 112.000 17.888
202512 17.117 113.000 17.072
202603 17.409 112.700 17.409

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 1.68 mean?
Nihon Trim Co (FRA:NH8) has a Cyclically Adjusted PB Ratio of 1.68 as of Jul. 28, 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 Nihon Trim Co and its competitors. This is near median its historical median of 1.75. Over the past decade, Nihon Trim Co's Cyclically Adjusted PB Ratio has ranged from 1.06 to 3.86. According to the industry distribution chart, Nihon Trim Co ranks #939 out of 2278 companies in the Industrial Products industry, placing it in the top 41.2%.
Is Nihon Trim Co's Cyclically Adjusted PB Ratio too high?
Nihon Trim Co's current Cyclically Adjusted PB Ratio of 1.68 is near median its 10-year median of 1.75. Over the past 10 years, this metric has ranged from a low of 1.06 to a high of 3.86. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.11. Nihon Trim Co's value of 1.68 is 20.2% below this industry median. Based on the distribution chart, Nihon Trim Co ranks #939 out of 2278 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Nihon Trim Co has a GF Score™ of 85/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nihon Trim Co's Cyclically Adjusted PB Ratio compare to VLTO and ZWS?
According to the Industrial Products industry distribution chart, Nihon Trim Co ranks #939 out of 2278 companies for Cyclically Adjusted PB Ratio. This puts Nihon Trim Co in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.11. Nihon Trim Co's value of 1.68 is 20.2% below this benchmark. Historically, Nihon Trim Co's own Cyclically Adjusted PB Ratio has ranged from 1.06 to 3.86 over the past decade. While the company's 10-year median is 1.75 vs. the industry median of 2.11, Nihon Trim 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 2.11, based on 2,278 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. Nihon Trim Co's current Cyclically Adjusted PB Ratio of 1.68 is 20.2% 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 Nihon Trim Co and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nihon Trim Co's current Cyclically Adjusted PB Ratio is 1.68, which is near median its own 10-year median of 1.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nihon Trim Co stock overvalued right now?
Based on GuruFocus' analysis, Nihon Trim Co (FRA:NH8) is currently considered Fairly Valued. The stock's GF Value™ is €23.93, compared to a current price of €24.60 — trading 2.8% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.68, which is near median its 10-year median of 1.75 and 20.2% below the Industrial Products industry median of 2.11. Nihon Trim Co's overall GF Score™ is 85/100. 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 Nihon Trim Co (FRA:NH8), the current Cyclically Adjusted PB Ratio is 1.68 as of Jul. 28, 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 Nihon Trim Co (FRA:NH8) Overvalued in 2026?

Based on GuruFocus' analysis, Nihon Trim Co stock appears to be overvalued. The current stock price of €24.60 is trading 2.8% above its estimated GF Value™ of €23.93. GuruFocus considers Nihon Trim Co to be Fairly Valued.

Key valuation signals for FRA:NH8:

  • Cyclically Adjusted PB Ratio: 1.68 (near median its 10-year median of 1.75)
  • GF Value™: €23.93 vs. price of €24.60 (2.8% above fair value)
  • GF Score™: 85/100
  • Industry Position: 20.2% below the Industrial Products median (#939 of 2278)

No single metric tells the full story. See the FRA:NH8 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nihon Trim Co Business Description

Other Exchanges 6788:Japan
Address 1-8-34 Oyodo-Naka, Osaka, JPN, 531-0076
Nihon Trim Co Ltd is a Japan-based company engaged in the manufacture and sale of electrolyzed reduction water equipment. The company operates through two segments namely Water healthcare business and Medical business. Its Water healthcare business segment includes sale of electrolyzed hydrogen water (EHW) apparatus and associated operations. The Medical business segment consists of business operations in the fields of medical and preventive health care and regenerative medicine. In addition, it is also involved in the production and marketing of agricultural electrolyzed reduced water apparatus and bottled drinking water.
85GF Score

Get the complete analysis for FRA:NH8

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

€24.60
Price
€23.93
GF Value