Nitto Seimo Co (NGO:3524) Cyclically Adjusted PB Ratio: (As of Sep. 22, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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NGO:3524 Nitto Seimo Co Ltd NGO:3524
61 GF Score
Price 円1,472.00
GF Value 円1,587.92
! 7 Warning Signs
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What is Nitto Seimo Co Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Nitto Seimo Co  (NGO:3524) 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 Seimo Co Cyclically Adjusted PB Ratio Related Terms


Nitto Seimo Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Nitto Seimo 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 Seimo Co Cyclically Adjusted PB Ratio Chart

Nitto Seimo Co Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.81 0.63 0.75 0.69 0.55

Nitto Seimo Co Quarterly Data
Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26 Jul26
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 0.71 0.67 0.66 0.57 0.56

Nitto Seimo Co Cyclically Adjusted PB Ratio Competitor Comparison

For the Textile Manufacturing subindustry, Nitto Seimo 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 Seimo Co Cyclically Adjusted PB Ratio vs Manufacturing - Apparel & Accessories Industry

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

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


NGO:3524
61GF Score
Nitto Seimo Co Ltd NGO:3524
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Nitto Seimo 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 Seimo Co's Cyclically Adjusted Book per Share for the quarter that ended in Jul. 2026 is calculated as:

For example, Nitto Seimo Co's adjusted Book Value per Share data for the three months ended in Jul. 2026 was:

Adj_Book=Book Value per Share/CPI of Jul. 2026 (Change)*Current CPI (Jul. 2026)
=3184.046/114.2000*114.2000
=3,184.046

Current CPI (Jul. 2026) = 114.2000.

Nitto Seimo Co Quarterly Data

Book Value per Share CPI Adj_Book
201610 1,761.293 98.600 2,039.956
201701 1,827.117 98.200 2,124.814
201704 1,891.700 98.500 2,193.220
201707 1,877.562 98.300 2,181.257
201710 1,975.915 98.800 2,283.902
201801 2,005.506 99.500 2,301.797
201804 2,146.691 99.100 2,473.785
201807 2,064.725 99.200 2,376.931
201810 2,122.753 100.200 2,419.345
201901 2,076.757 99.700 2,378.793
201904 2,277.491 100.000 2,600.895
201907 2,203.274 99.800 2,521.181
201910 2,284.261 100.400 2,598.233
202001 2,220.032 100.500 2,522.663
202004 2,336.719 100.200 2,663.207
202007 2,296.523 100.000 2,622.629
202010 2,380.812 99.800 2,724.336
202101 2,328.025 99.800 2,663.932
202104 2,444.027 99.100 2,816.427
202107 2,408.140 99.700 2,758.371
202110 2,367.566 99.900 2,706.467
202201 2,390.638 100.300 2,721.943
202204 2,447.597 101.500 2,753.848
202207 2,450.220 102.300 2,735.241
202210 2,464.938 103.700 2,714.522
202301 2,474.839 104.700 2,699.395
202304 2,491.620 105.100 2,707.355
202307 2,475.026 105.700 2,674.058
202310 2,586.761 107.100 2,758.246
202401 2,540.398 106.900 2,713.877
202404 2,678.099 107.700 2,839.730
202407 2,704.648 108.600 2,844.114
202410 2,747.890 109.500 2,865.836
202501 2,765.958 111.200 2,840.579
202504 2,875.104 111.500 2,944.725
202507 2,801.377 111.900 2,858.957
202510 2,922.430 112.800 2,958.701
202601 2,956.174 112.900 2,990.213
202604 3,182.546 113.000 3,216.343
202607 3,184.046 114.200 3,184.046

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 Seimo Co (NGO:3524) Overvalued in 2026?

Based on GuruFocus' analysis, Nitto Seimo Co stock appears to be undervalued. The current stock price of 円1,472.00 is trading 7.3% below its estimated GF Value™ of 円1,587.92.

Key valuation signals for NGO:3524:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: 円1,587.92 vs. price of 円1,472.00 (7.3% below fair value)
  • GF Score™: 61/100 with 7 warning signs

No single metric tells the full story. See the NGO:3524 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nitto Seimo Co Business Description

Other Exchanges 3524:Japan
Address 2-20-15 Shimbashi, Minato-ku, Tokyo, JPN
Nitto Seimo Co Ltd is engaged in manufacturing and sales of knotless nets, knotted nets, minnow nets, and ropes for fishery and onshore use and sales of laborsaving machinery and equipment for vessels and fishing operation as well as marine products.
61GF Score

Get the complete analysis for NGO:3524

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

円1,472.00
Price
円1,587.92
GF Value