Nidec (FRA:NIB) Cyclically Adjusted PB Ratio: 2.21 (As of Jul. 17, 2026) — 65% Below Median

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FRA:NIB Nidec Corp FRA:NIB
84 GF Score
Price €13.79
GF Value €17.88
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is Nidec Cyclically Adjusted PB Ratio?

Nidec FRA:NIB -1.19% 84 Cyclically Adjusted PB Ratio is 2.21 as of Jul. 17, 2026, which is 65% below its 10-year median of 6.23. GuruFocus rates FRA:NIB with a GF Score™ of 84/100 and a GF Value™ of €17.88 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 2,290 Industrial Products companies, Nidec ranks worse than 52.79% on this metric.

As of today (2026-07-17), Nidec's current share price is €13.786. Nidec's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2025 was €6.25. Nidec's Cyclically Adjusted PB Ratio for today is 2.21.

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

FRA:NIB' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.71   Med: 6.23   Max: 11.97
Current: 2.42

During the past years, Nidec's highest Cyclically Adjusted PB Ratio was 11.97. The lowest was 1.71. And the median was 6.23.

FRA:NIB's Cyclically Adjusted PB Ratio is ranked worse than
52.79% of 2290 companies
in the Industrial Products industry
Industry Median: 2.22 vs FRA:NIB: 2.42

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.

Nidec's adjusted book value per share data for the three months ended in Sep. 2025 was €8.844. 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 €6.25 for the trailing ten years ended in Sep. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nidec  (FRA:NIB) 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.


Nidec Cyclically Adjusted PB Ratio Related Terms


Nidec Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Nidec'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.

Nidec Cyclically Adjusted PB Ratio Chart

Nidec Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.55 6.84 4.16 3.29 2.36

Nidec Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
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 3.03 2.77 2.36 2.60 2.39

FRA:NIB vs GEV, ETN, PH: Cyclically Adjusted PB Ratio Comparison

For the Specialty Industrial Machinery subindustry, Nidec'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.


Nidec Cyclically Adjusted PB Ratio vs Industrial Products Industry

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

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


FRA:NIB
84GF Score
Nidec Corp FRA:NIB
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nidec 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=13.786/6.25
=2.21

* 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.

Nidec's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2025 is calculated as:

For example, Nidec's adjusted Book Value per Share data for the three months ended in Sep. 2025 was:

Adj_Book=Book Value per Share/CPI of Sep. 2025 (Change)*Current CPI (Sep. 2025)
=8.844/112.0000*112.0000
=8.844

Current CPI (Sep. 2025) = 112.0000.

Nidec Quarterly Data

Book Value per Share CPI Adj_Book
201512 5.045 98.100 5.760
201603 5.114 97.900 5.851
201606 5.037 98.100 5.751
201609 5.353 98.000 6.118
201612 5.740 98.400 6.533
201703 5.909 98.100 6.746
201706 5.879 98.500 6.685
201709 5.867 98.800 6.651
201712 5.996 99.400 6.756
201803 6.024 99.200 6.801
201806 6.339 99.200 7.157
201809 6.563 99.900 7.358
201812 6.557 99.700 7.366
201903 6.741 99.700 7.573
201906 6.605 99.800 7.412
201909 6.862 100.100 7.678
201912 6.979 100.500 7.778
202003 6.797 100.300 7.590
202006 6.693 99.900 7.504
202009 6.633 99.900 7.436
202012 6.639 99.300 7.488
202103 7.228 99.900 8.103
202106 7.151 99.500 8.049
202109 7.576 100.100 8.477
202112 7.965 100.100 8.912
202203 8.521 101.100 9.440
202206 8.738 101.800 9.614
202209 9.303 103.100 10.106
202212 8.444 104.100 9.085
202303 8.234 104.400 8.833
202306 8.632 105.200 9.190
202309 8.867 106.200 9.351
202312 8.608 106.800 9.027
202403 8.718 107.200 9.108
202406 9.075 108.200 9.394
202409 8.766 108.900 9.016
202412 9.682 110.700 9.796
202503 9.308 111.100 9.383
202506 8.699 111.700 8.722
202509 8.844 112.000 8.844

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 2.21 mean?
Nidec (FRA:NIB) has a Cyclically Adjusted PB Ratio of 2.21 as of Jul. 17, 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 Nidec and its competitors. This is 65% below median its historical median of 6.23. Over the past decade, Nidec's Cyclically Adjusted PB Ratio has ranged from 1.71 to 11.97. According to the industry distribution chart, Nidec ranks #1209 out of 2290 companies in the Industrial Products industry, placing it in the top 52.8%.
Is Nidec's Cyclically Adjusted PB Ratio too high?
Nidec's current Cyclically Adjusted PB Ratio of 2.21 is 65% below median its 10-year median of 6.23. Over the past 10 years, this metric has ranged from a low of 1.71 to a high of 11.97. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.22. Nidec's value of 2.21 is 0.5% below this industry median. Based on the distribution chart, Nidec ranks #1209 out of 2290 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Nidec has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nidec's Cyclically Adjusted PB Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Nidec ranks #1209 out of 2290 companies for Cyclically Adjusted PB Ratio. This places Nidec in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.22. Nidec's value of 2.21 is 0.5% below this benchmark. Historically, Nidec's own Cyclically Adjusted PB Ratio has ranged from 1.71 to 11.97 over the past decade. While the company's 10-year median is 6.23 vs. the industry median of 2.22, Nidec 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 2.22, based on 2,290 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. Nidec's current Cyclically Adjusted PB Ratio of 2.21 is 0.5% 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 Nidec and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nidec's current Cyclically Adjusted PB Ratio is 2.21, which is 65% below median its own 10-year median of 6.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nidec stock overvalued right now?
Based on GuruFocus' analysis, Nidec (FRA:NIB) is currently considered Modestly Undervalued. The stock's GF Value™ is €17.88, compared to a current price of €13.79 — trading 22.9% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.21, which is 65% below median its 10-year median of 6.23 and 0.5% below the Industrial Products industry median of 2.22. Nidec's overall GF Score™ is 84/100 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 Nidec (FRA:NIB), the current Cyclically Adjusted PB Ratio is 2.21 as of Jul. 17, 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 Nidec (FRA:NIB) Overvalued in 2026?

Based on GuruFocus' analysis, Nidec stock appears to be undervalued. The current stock price of €13.79 is trading 22.9% below its estimated GF Value™ of €17.88. GuruFocus considers Nidec to be Modestly Undervalued.

Key valuation signals for FRA:NIB:

  • Cyclically Adjusted PB Ratio: 2.21 (65% below median its 10-year median of 6.23)
  • GF Value™: €17.88 vs. price of €13.79 (22.9% below fair value)
  • GF Score™: 84/100 with 6 warning signs
  • Industry Position: 0.5% below the Industrial Products median (#1209 of 2290)

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


Nidec Business Description

Address 338 Kuzetonoshiro-cho, Minami-ku, Kyoto, JPN, 601-8205
Nidec is a global leader of brushless direct current motors, which have advantages in power efficiency, silence, and durability. Nidec possesses the number-one market share in a wide variety of products, such as hard disk drive motors, optical disk drive motors, vibration motors on handsets, brushless motors for inverter air conditioners, and brushless motors for electric power steering on automobiles. It continues to benefit from the growing demand for power-efficient motors, driven by strengthening environmental regulations.
84GF Score

Get the complete analysis for FRA:NIB

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

€13.79
Price
€17.88
GF Value