Nippon Sharyo (NGO:7102) Cyclically Adjusted PB Ratio: 1.26 (As of Aug. 03, 2026) — 62% Above Median

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NGO:7102 Nippon Sharyo Ltd NGO:7102
59 GF Score
Price 円3,330.00
GF Value 円2,427.00
! 2 Warning Signs
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What is Nippon Sharyo Cyclically Adjusted PB Ratio?

Nippon Sharyo NGO:7102 59 Cyclically Adjusted PB Ratio is 1.26 as of Aug. 03, 2026, which is 62% above its 10-year median of 0.78. GuruFocus rates NGO:7102 with a GF Score™ of 59/100 and a GF Value™ of 円2,427.00. The stock has 2 warning signs investors should review. Among 737 Transportation companies, Nippon Sharyo ranks better than 59.97% on this metric.

As of today (2026-08-03), Nippon Sharyo's current share price is 円3330.00. Nippon Sharyo's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円2,644.21. Nippon Sharyo's Cyclically Adjusted PB Ratio for today is 1.26.

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

NGO:7102' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.62   Med: 0.78   Max: 1.33
Current: 1.02

During the past years, Nippon Sharyo's highest Cyclically Adjusted PB Ratio was 1.33. The lowest was 0.62. And the median was 0.78.

NGO:7102's Cyclically Adjusted PB Ratio is ranked better than
59.97% of 737 companies
in the Transportation industry
Industry Median: 1.27 vs NGO:7102: 1.02

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 Sharyo's adjusted book value per share data for the three months ended in Mar. 2026 was 円5,700.049. 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 円2,644.21 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nippon Sharyo  (NGO:7102) 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 Sharyo Cyclically Adjusted PB Ratio Related Terms


Nippon Sharyo Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Nippon Sharyo'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 Sharyo Cyclically Adjusted PB Ratio Chart

Nippon Sharyo 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 0.73 0.67 0.79 0.66 1.04

Nippon Sharyo 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 0.66 0.91 1.17 1.04 0.00

NGO:7102 vs UNP, CSX, NSC: Cyclically Adjusted PB Ratio Comparison

For the Railroads subindustry, Nippon Sharyo'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 Sharyo Cyclically Adjusted PB Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, Nippon Sharyo's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


NGO:7102
59GF Score
Nippon Sharyo Ltd NGO:7102
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3330.00/2644.21
=1.26

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

For example, Nippon Sharyo'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)
=5700.049/112.7000*112.7000
=5,700.049

Current CPI (Mar. 2026) = 112.7000.

Nippon Sharyo Quarterly Data

Book Value per Share CPI Adj_Book
201606 2,266.782 98.100 2,604.142
201609 1,961.829 98.000 2,256.103
201612 2,038.864 98.400 2,335.162
201703 1,940.977 98.100 2,229.848
201706 2,477.243 98.500 2,834.368
201709 889.505 98.800 1,014.648
201712 1,534.118 99.400 1,739.387
201803 1,444.575 99.200 1,641.165
201806 1,597.062 99.200 1,814.404
201809 1,795.968 99.900 2,026.082
201812 1,835.735 99.700 2,075.099
201903 2,239.643 99.700 2,531.673
201906 2,305.806 99.800 2,603.851
201909 2,436.885 100.100 2,743.626
201912 2,485.382 100.500 2,787.090
202003 2,381.556 100.300 2,675.986
202006 2,511.952 99.900 2,833.804
202009 2,556.918 99.900 2,884.531
202012 2,752.373 99.300 3,123.791
202103 3,128.178 99.900 3,528.986
202106 3,147.856 99.500 3,565.461
202109 3,229.128 100.100 3,635.592
202112 3,199.820 100.100 3,602.595
202203 3,316.727 101.100 3,697.281
202206 3,388.442 101.800 3,751.252
202209 3,391.838 103.100 3,707.664
202212 3,411.863 104.100 3,693.727
202303 3,531.287 104.400 3,812.031
202306 3,757.189 105.200 4,025.049
202309 3,830.989 106.200 4,065.466
202312 3,955.512 106.800 4,174.028
202403 4,311.967 107.200 4,533.197
202406 0.000 108.200 0.000
202409 4,324.948 108.900 4,475.864
202412 4,384.962 110.700 4,464.184
202503 4,480.042 111.100 4,544.561
202506 4,562.578 111.700 4,603.425
202509 4,906.653 112.000 4,937.320
202512 5,085.799 113.000 5,072.297
202603 5,700.049 112.700 5,700.049

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 1.26 mean?
Nippon Sharyo (NGO:7102) has a Cyclically Adjusted PB Ratio of 1.26 as of Aug. 03, 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 Sharyo and its competitors. This is 62% above median its historical median of 0.78. Over the past decade, Nippon Sharyo's Cyclically Adjusted PB Ratio has ranged from 0.62 to 1.33. According to the industry distribution chart, Nippon Sharyo ranks #295 out of 737 companies in the Transportation industry, placing it in the top 40%.
Is Nippon Sharyo's Cyclically Adjusted PB Ratio too high?
Nippon Sharyo's current Cyclically Adjusted PB Ratio of 1.26 is 62% above median its 10-year median of 0.78. Over the past 10 years, this metric has ranged from a low of 0.62 to a high of 1.33. The Transportation industry median Cyclically Adjusted PB Ratio is 1.27. Nippon Sharyo's value of 1.26 is 0.8% below this industry median. Based on the distribution chart, Nippon Sharyo ranks #295 out of 737 companies in the Transportation industry, which is above the industry midpoint. Overall, Nippon Sharyo has a GF Score™ of 59/100, reflecting its overall financial health beyond just this single metric.
How does Nippon Sharyo's Cyclically Adjusted PB Ratio compare to UNP and CSX?
According to the Transportation industry distribution chart, Nippon Sharyo ranks #295 out of 737 companies for Cyclically Adjusted PB Ratio. This puts Nippon Sharyo in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.27. Nippon Sharyo's value of 1.26 is 0.8% below this benchmark. Historically, Nippon Sharyo's own Cyclically Adjusted PB Ratio has ranged from 0.62 to 1.33 over the past decade. While the company's 10-year median is 0.78 vs. the industry median of 1.27, Nippon Sharyo 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 a Transportation company?
The median Cyclically Adjusted PB Ratio among Transportation companies is 1.27, based on 737 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 Sharyo's current Cyclically Adjusted PB Ratio of 1.26 is 0.8% 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 Sharyo and its competitors. For the Transportation industry, the median Cyclically Adjusted PB Ratio is 1.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nippon Sharyo's current Cyclically Adjusted PB Ratio is 1.26, which is 62% above median its own 10-year median of 0.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon Sharyo stock overvalued right now?
Nippon Sharyo (NGO:7102) has a current Cyclically Adjusted PB Ratio of 1.26. The stock's GF Value™ is 円2,427.00, compared to a current price of 円3,330.00 — trading 37.2% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.26, which is 62% above median its 10-year median of 0.78 and 0.8% below the Transportation industry median of 1.27. Nippon Sharyo's overall GF Score™ is 59/100 with 2 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 Sharyo (NGO:7102), the current Cyclically Adjusted PB Ratio is 1.26 as of Aug. 03, 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 Sharyo (NGO:7102) Overvalued in 2026?

Based on GuruFocus' analysis, Nippon Sharyo stock appears to be overvalued. The current stock price of 円3,330.00 is trading 37.2% above its estimated GF Value™ of 円2,427.00.

Key valuation signals for NGO:7102:

  • Cyclically Adjusted PB Ratio: 1.26 (62% above median its 10-year median of 0.78)
  • GF Value™: 円2,427.00 vs. price of 円3,330.00 (37.2% above fair value)
  • GF Score™: 59/100 with 2 warning signs
  • Industry Position: 0.8% below the Transportation median (#295 of 737)

No single metric tells the full story. See the NGO:7102 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nippon Sharyo Business Description

Other Exchanges NPPSF:USA7102:Japan
Address 1-1,Sanbonmatsu-cho, Atsuta-ku, Nagoya, JPN, 456-8691
Nippon Sharyo Ltd is a Japan-based company engaged in the manufacture of railway rolling stock. The company operates through three segments. Its Railway rolling stock segment consists of manufacture and sales of rolling stock. The Transportation equipment and steel structure segment include production and trade of transportation equipment such as freight cars, tank trucks, heavy-duty industrial vehicles, and roadway and railway bridges. Its Construction equipment segment comprises of pile driving rigs, crawler cranes, casing rotators, portable diesel generator sets and emergency generators.
59GF Score

Get the complete analysis for NGO:7102

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

円3,330.00
Price
円2,427.00
GF Value