Nihon Decoluxe Co (NGO:7950) Cyclically Adjusted PB Ratio: 0.45 (As of Aug. 02, 2026) — 15% Above Median

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NGO:7950 Nihon Decoluxe Co Ltd NGO:7950
73 GF Score
Price 円9,260.00
GF Value 円8,407.94
Valuation Fairly Valued
! 6 Warning Signs
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What is Nihon Decoluxe Co Cyclically Adjusted PB Ratio?

Nihon Decoluxe Co NGO:7950 +2.32% 73 Cyclically Adjusted PB Ratio is 0.45 as of Aug. 02, 2026, which is 15% above its 10-year median of 0.39. GuruFocus rates NGO:7950 with a GF Score™ of 73/100 and a GF Value™ of 円8,407.94 (Fairly Valued). The stock has 6 warning signs investors should review. Among 334 Furnishings, Fixtures & Appliances companies, Nihon Decoluxe Co ranks better than 77.25% on this metric.

As of today (2026-08-02), Nihon Decoluxe Co's current share price is 円9260.00. Nihon Decoluxe Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar26 was 円20,508.29. Nihon Decoluxe Co's Cyclically Adjusted PB Ratio for today is 0.45.

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

NGO:7950' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.29   Med: 0.39   Max: 0.53
Current: 0.44

During the past 13 years, Nihon Decoluxe Co's highest Cyclically Adjusted PB Ratio was 0.53. The lowest was 0.29. And the median was 0.39.

NGO:7950's Cyclically Adjusted PB Ratio is ranked better than
77.25% of 334 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 1.195 vs NGO:7950: 0.44

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 Decoluxe Co's adjusted book value per share data of for the fiscal year that ended in Mar26 was 円20,948.183. 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20,508.29 for the trailing ten years ended in Mar26.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nihon Decoluxe Co  (NGO:7950) 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 Decoluxe Co Cyclically Adjusted PB Ratio Related Terms


Nihon Decoluxe Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Nihon Decoluxe 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 Decoluxe Co Cyclically Adjusted PB Ratio Chart

Nihon Decoluxe 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 0.32 0.34 0.43 0.37 0.43

Nihon Decoluxe Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 0.43 0.41 0.37 0.00 0.43

NGO:7950 vs SN, SGI, MHK: Cyclically Adjusted PB Ratio Comparison

For the Furnishings, Fixtures & Appliances subindustry, Nihon Decoluxe 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 Decoluxe Co Cyclically Adjusted PB Ratio vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Nihon Decoluxe Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


NGO:7950
73GF Score
Nihon Decoluxe Co Ltd NGO:7950
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=9260.00/20508.29
=0.45

* 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 Decoluxe Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar26 is calculated as:

For example, Nihon Decoluxe Co's adjusted Book Value per Share data for the fiscal year that ended in Mar26 was:

Adj_Book=Book Value per Share/CPI of Mar26 (Change)*Current CPI (Mar26)
=20948.183/112.7000*112.7000
=20,948.183

Current CPI (Mar26) = 112.7000.

Nihon Decoluxe Co Annual Data

Book Value per Share CPI Adj_Book
201703 17,435.231 98.100 20,030.077
201803 17,745.669 99.200 20,160.654
201903 17,861.401 99.700 20,190.370
202003 18,010.273 100.300 20,236.867
202103 18,240.822 99.900 20,577.984
202203 18,933.837 101.100 21,106.265
202303 19,128.086 104.400 20,648.805
202403 19,691.189 107.200 20,701.465
202503 20,191.421 111.100 20,482.207
202603 20,948.183 112.700 20,948.183

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 0.45 mean?
Nihon Decoluxe Co (NGO:7950) has a Cyclically Adjusted PB Ratio of 0.45 as of Aug. 02, 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 Decoluxe Co and its competitors. This is 15% above median its historical median of 0.39. Over the past decade, Nihon Decoluxe Co's Cyclically Adjusted PB Ratio has ranged from 0.29 to 0.53. According to the industry distribution chart, Nihon Decoluxe Co ranks #76 out of 334 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 22.8%.
Is Nihon Decoluxe Co's Cyclically Adjusted PB Ratio too high?
Nihon Decoluxe Co's current Cyclically Adjusted PB Ratio of 0.45 is 15% above median its 10-year median of 0.39. Over the past 10 years, this metric has ranged from a low of 0.29 to a high of 0.53. The Furnishings, Fixtures & Appliances industry median Cyclically Adjusted PB Ratio is 1.20. Nihon Decoluxe Co's value of 0.45 is 62.3% below this industry median. Based on the distribution chart, Nihon Decoluxe Co ranks #76 out of 334 companies in the Furnishings, Fixtures & Appliances industry, which is in the top quartile — a strong position relative to peers. Overall, Nihon Decoluxe Co has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nihon Decoluxe Co's Cyclically Adjusted PB Ratio compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Nihon Decoluxe Co ranks #76 out of 334 companies for Cyclically Adjusted PB Ratio. This places Nihon Decoluxe Co in the top 23% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.20. Nihon Decoluxe Co's value of 0.45 is 62.3% below this benchmark. Historically, Nihon Decoluxe Co's own Cyclically Adjusted PB Ratio has ranged from 0.29 to 0.53 over the past decade. While the company's 10-year median is 0.39 vs. the industry median of 1.20, Nihon Decoluxe 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 a Furnishings, Fixtures & Appliances company?
The median Cyclically Adjusted PB Ratio among Furnishings, Fixtures & Appliances companies is 1.20, based on 334 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 Decoluxe Co's current Cyclically Adjusted PB Ratio of 0.45 is 62.3% 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 Decoluxe Co and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Cyclically Adjusted PB Ratio is 1.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nihon Decoluxe Co's current Cyclically Adjusted PB Ratio is 0.45, which is 15% above median its own 10-year median of 0.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nihon Decoluxe Co stock overvalued right now?
Based on GuruFocus' analysis, Nihon Decoluxe Co (NGO:7950) is currently considered Fairly Valued. The stock's GF Value™ is 円8,407.94, compared to a current price of 円9,260.00 — trading 10.1% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.45, which is 15% above median its 10-year median of 0.39 and 62.3% below the Furnishings, Fixtures & Appliances industry median of 1.20. Nihon Decoluxe Co's overall GF Score™ is 73/100 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 Nihon Decoluxe Co (NGO:7950), the current Cyclically Adjusted PB Ratio is 0.45 as of Aug. 02, 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 Decoluxe Co (NGO:7950) Overvalued in 2026?

Based on GuruFocus' analysis, Nihon Decoluxe Co stock appears to be overvalued. The current stock price of 円9,260.00 is trading 10.1% above its estimated GF Value™ of 円8,407.94. GuruFocus considers Nihon Decoluxe Co to be Fairly Valued.

Key valuation signals for NGO:7950:

  • Cyclically Adjusted PB Ratio: 0.45 (15% above median its 10-year median of 0.39)
  • GF Value™: 円8,407.94 vs. price of 円9,260.00 (10.1% above fair value)
  • GF Score™: 73/100 with 6 warning signs
  • Industry Position: 62.3% below the Furnishings, Fixtures & Appliances median (#76 of 334)

No single metric tells the full story. See the NGO:7950 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nihon Decoluxe Co Business Description

Address 10 Maeyashiki Kashiwamori, Aichi Prefecture, Niwa-gun, Fuso, JPN, 480-0103
Nihon Decoluxe Co Ltd is engaged in offering decorative boards. It operates Decorative board business unit which covers melamine decorative boards, Living environment business unit, Electronic materials business unit, and a Chemical anchor business unit. The company has two reportable segments: Construction Materials Business and Real Estate Business. The Construction Materials Business manufactures and sells decorative panel products, products for the electronic parts industry, and chemical anchor products. Real Estate Business owns office buildings for lease and engages in real estate leasing.
73GF Score

Get the complete analysis for NGO:7950

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

円9,260.00
Price
円8,407.94
GF Value