NGSCF (Nagase) Cyclically Adjusted PB Ratio: 3.13 (As of Jul. 14, 2026) — 264% Above Median

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NGSCF Nagase & Co Ltd NGSCF
71 GF Score
Price $7.36
GF Value $2.46
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Nagase Cyclically Adjusted PB Ratio?

Nagase NGSCF -1.02% 71 Cyclically Adjusted PB Ratio is 3.13 as of Jul. 14, 2026, which is 264% above its 10-year median of 0.86. GuruFocus rates NGSCF with a GF Score™ of 71/100 and a GF Value™ of $2.46 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,284 Chemicals companies, Nagase ranks better than 56.07% on this metric.

As of today (2026-07-14), Nagase's current share price is $7.364. Nagase's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $2.35. Nagase's Cyclically Adjusted PB Ratio for today is 3.13.

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

NGSCF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.51   Med: 0.86   Max: 1.58
Current: 1.45

During the past years, Nagase's highest Cyclically Adjusted PB Ratio was 1.58. The lowest was 0.51. And the median was 0.86.

NGSCF's Cyclically Adjusted PB Ratio is ranked better than
56.07% of 1284 companies
in the Chemicals industry
Industry Median: 1.7 vs NGSCF: 1.45

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.

Nagase's adjusted book value per share data for the three months ended in Mar. 2026 was $6.574. 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 $2.35 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nagase  (OTCPK:NGSCF) 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.


Nagase Cyclically Adjusted PB Ratio Related Terms


Nagase Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Nagase'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.

Nagase Cyclically Adjusted PB Ratio Chart

Nagase 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 0.77 0.80 0.93 0.89 1.46

Nagase 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 0.89 0.92 1.04 1.22 1.46

NGSCF vs LIN, SHW, ECL: Cyclically Adjusted PB Ratio Comparison

For the Specialty Chemicals subindustry, Nagase'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.


Nagase Cyclically Adjusted PB Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Nagase's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


NGSCF
71GF Score
Nagase & Co Ltd NGSCF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nagase 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=7.364/2.35
=3.13

* 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.

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

For example, Nagase'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)
=6.574/112.7000*112.7000
=6.574

Current CPI (Mar. 2026) = 112.7000.

Nagase Quarterly Data

Book Value per Share CPI Adj_Book
201606 4.988 98.100 5.730
201609 5.277 98.000 6.069
201612 4.886 98.400 5.596
201703 5.095 98.100 5.853
201706 5.283 98.500 6.045
201709 5.441 98.800 6.206
201712 5.474 99.400 6.206
201803 5.717 99.200 6.495
201806 5.582 99.200 6.342
201809 5.602 99.900 6.320
201812 5.390 99.700 6.093
201903 5.581 99.700 6.309
201906 5.687 99.800 6.422
201909 5.809 100.100 6.540
201912 5.853 100.500 6.564
202003 5.717 100.300 6.424
202006 5.891 99.900 6.646
202009 6.157 99.900 6.946
202012 6.397 99.300 7.260
202103 6.141 99.900 6.928
202106 6.217 99.500 7.042
202109 6.351 100.100 7.150
202112 6.272 100.100 7.061
202203 6.047 101.100 6.741
202206 5.562 101.800 6.158
202209 5.494 103.100 6.006
202212 5.928 104.100 6.418
202303 5.872 104.400 6.339
202306 5.717 105.200 6.125
202309 5.697 106.200 6.046
202312 5.926 106.800 6.253
202403 5.780 107.200 6.077
202406 5.720 108.200 5.958
202409 6.392 108.900 6.615
202412 5.866 110.700 5.972
202503 6.171 111.100 6.260
202506 6.340 111.700 6.397
202509 6.390 112.000 6.430
202512 6.379 113.000 6.362
202603 6.574 112.700 6.574

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 3.13 mean?
Nagase (NGSCF) has a Cyclically Adjusted PB Ratio of 3.13 as of Jul. 14, 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 Nagase and its competitors. This is 264% above median its historical median of 0.86. Over the past decade, Nagase's Cyclically Adjusted PB Ratio has ranged from 0.51 to 1.58. According to the industry distribution chart, Nagase ranks #564 out of 1284 companies in the Chemicals industry, placing it in the top 43.9%.
Is Nagase's Cyclically Adjusted PB Ratio too high?
Nagase's current Cyclically Adjusted PB Ratio of 3.13 is 264% above median its 10-year median of 0.86. Over the past 10 years, this metric has ranged from a low of 0.51 to a high of 1.58. The Chemicals industry median Cyclically Adjusted PB Ratio is 1.70. Nagase's value of 3.13 is 84.1% above this industry median. Based on the distribution chart, Nagase ranks #564 out of 1284 companies in the Chemicals industry, which is above the industry midpoint. Overall, Nagase has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nagase's Cyclically Adjusted PB Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Nagase ranks #564 out of 1284 companies for Cyclically Adjusted PB Ratio. This puts Nagase in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.70. Nagase's value of 3.13 is 84.1% above this benchmark. Historically, Nagase's own Cyclically Adjusted PB Ratio has ranged from 0.51 to 1.58 over the past decade. While the company's 10-year median is 0.86 vs. the industry median of 1.70, Nagase has consistently been above 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 Chemicals company?
The median Cyclically Adjusted PB Ratio among Chemicals companies is 1.70, based on 1,284 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. Nagase's current Cyclically Adjusted PB Ratio of 3.13 is 84.1% above 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 Nagase and its competitors. For the Chemicals industry, the median Cyclically Adjusted PB Ratio is 1.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nagase's current Cyclically Adjusted PB Ratio is 3.13, which is 264% above median its own 10-year median of 0.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nagase stock overvalued right now?
Based on GuruFocus' analysis, Nagase (NGSCF) is currently considered Significantly Overvalued. The stock's GF Value™ is $2.46, compared to a current price of $7.36 — trading 199.3% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 3.13, which is 264% above median its 10-year median of 0.86 and 84.1% above the Chemicals industry median of 1.70. Nagase's overall GF Score™ is 71/100 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 Nagase (NGSCF), the current Cyclically Adjusted PB Ratio is 3.13 as of Jul. 14, 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 Nagase (NGSCF) Overvalued in 2026?

Based on GuruFocus' analysis, Nagase stock appears to be overvalued. The current stock price of $7.36 is trading 199.3% above its estimated GF Value™ of $2.46. GuruFocus considers Nagase to be Significantly Overvalued.

Key valuation signals for NGSCF:

  • Cyclically Adjusted PB Ratio: 3.13 (264% above median its 10-year median of 0.86)
  • GF Value™: $2.46 vs. price of $7.36 (199.3% above fair value)
  • GF Score™: 71/100 with 2 warning signs
  • Industry Position: 84.1% above the Chemicals median (#564 of 1284)

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


Nagase Business Description

Other Exchanges 8012:JapanP22:Germany
Address 1-1-17 Shinmachi, Nishi-ku, Osaka, JPN, 550-8668
Nagase & Co Ltd is a Japan-based trading company focused on chemicals and related products. The company operates through five segments. The Electronics and Energy segment covers semiconductors, components, AR/VR, renewable energy, and displays. The Functional Material segment handles paints, inks, resins, chemicals, films, and sanitary materials. The Life Related segment offers pharmaceuticals, agrochemicals, food ingredients, cosmetics, reagents, and medical devices. The Mobility segment provides materials and products for batteries, electrification, in-vehicle electronics, and autonomous driving. The Processing Material segment deals with plastics, resins, molding machines, and molds, while Others includes information processing and functional services.
71GF Score

Get the complete analysis for NGSCF

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

$7.36
Price
$2.46
GF Value