NHFOF (NH Foods) Cyclically Adjusted PB Ratio: 1.45 (As of Jul. 16, 2026) — 16% Above Median

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NHFOF NH Foods Ltd NHFOF
75 GF Score
Price $33.00
GF Value $31.54
! 1 Warning Sign
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What is NH Foods Cyclically Adjusted PB Ratio?

NH Foods NHFOF 75 Cyclically Adjusted PB Ratio is 1.45 as of Jul. 16, 2026, which is 16% above its 10-year median of 1.25. GuruFocus rates NHFOF with a GF Score™ of 75/100 and a GF Value™ of $31.54. The stock has 1 warning sign investors should review. Among 1,442 Consumer Packaged Goods companies, NH Foods ranks worse than 50.28% on this metric.

As of today (2026-07-16), NH Foods's current share price is $33.00. NH Foods's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $22.73. NH Foods's Cyclically Adjusted PB Ratio for today is 1.45.

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

NHFOF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.86   Med: 1.25   Max: 2.41
Current: 1.28

During the past years, NH Foods's highest Cyclically Adjusted PB Ratio was 2.41. The lowest was 0.86. And the median was 1.25.

NHFOF's Cyclically Adjusted PB Ratio is ranked worse than
50.28% of 1442 companies
in the Consumer Packaged Goods industry
Industry Median: 1.245 vs NHFOF: 1.28

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.

NH Foods's adjusted book value per share data for the three months ended in Mar. 2026 was $35.946. 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 $22.73 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


NH Foods  (OTCPK:NHFOF) 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.


NH Foods Cyclically Adjusted PB Ratio Related Terms


NH Foods Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for NH Foods'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.

NH Foods Cyclically Adjusted PB Ratio Chart

NH Foods 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 1.11 0.94 1.18 1.08 1.45

NH Foods 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 1.08 1.07 1.24 1.36 1.45

NHFOF vs KHC, GIS: Cyclically Adjusted PB Ratio Comparison

For the Packaged Foods subindustry, NH Foods'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.


NH Foods Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, NH Foods's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


NHFOF
75GF Score
NH Foods Ltd NHFOF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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NH Foods 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.

NH Foods's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=33.00/22.73
=1.45

* 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.

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

For example, NH Foods'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)
=35.946/112.7000*112.7000
=35.946

Current CPI (Mar. 2026) = 112.7000.

NH Foods Quarterly Data

Book Value per Share CPI Adj_Book
201606 32.661 98.100 37.522
201609 34.664 98.000 39.864
201612 32.287 98.400 36.979
201703 31.801 98.100 36.534
201706 34.510 98.500 39.485
201709 35.586 98.800 40.593
201712 36.279 99.400 41.133
201803 36.668 99.200 41.658
201806 35.358 99.200 40.170
201809 35.167 99.900 39.673
201812 35.400 99.700 40.016
201903 35.059 99.700 39.630
201906 35.808 99.800 40.436
201909 36.126 100.100 40.673
201912 37.084 100.500 41.586
202003 36.496 100.300 41.008
202006 36.842 99.900 41.562
202009 38.327 99.900 43.238
202012 39.830 99.300 45.205
202103 39.041 99.900 44.043
202106 38.430 99.500 43.528
202109 39.488 100.100 44.459
202112 39.588 100.100 44.571
202203 39.483 101.100 44.013
202206 35.474 101.800 39.272
202209 33.715 103.100 36.854
202212 35.654 104.100 38.599
202303 35.976 104.400 38.836
202306 34.499 105.200 36.959
202309 33.788 106.200 35.856
202312 35.067 106.800 37.004
202403 34.300 107.200 36.060
202406 0.000 108.200 0.000
202409 36.053 108.900 37.311
202412 34.953 110.700 35.584
202503 35.554 111.100 36.066
202506 36.488 111.700 36.815
202509 36.856 112.000 37.086
202512 36.191 113.000 36.095
202603 35.946 112.700 35.946

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 1.45 mean?
NH Foods (NHFOF) has a Cyclically Adjusted PB Ratio of 1.45 as of Jul. 16, 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 NH Foods and its competitors. This is 16% above median its historical median of 1.25. Over the past decade, NH Foods' Cyclically Adjusted PB Ratio has ranged from 0.86 to 2.41. According to the industry distribution chart, NH Foods ranks #725 out of 1442 companies in the Consumer Packaged Goods industry, placing it in the top 50.3%.
Is NH Foods' Cyclically Adjusted PB Ratio too high?
NH Foods' current Cyclically Adjusted PB Ratio of 1.45 is 16% above median its 10-year median of 1.25. Over the past 10 years, this metric has ranged from a low of 0.86 to a high of 2.41. The Consumer Packaged Goods industry median Cyclically Adjusted PB Ratio is 1.25. NH Foods' value of 1.45 is 16.5% above this industry median. Based on the distribution chart, NH Foods ranks #725 out of 1442 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, NH Foods has a GF Score™ of 75/100, reflecting its overall financial health beyond just this single metric.
How does NH Foods' Cyclically Adjusted PB Ratio compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, NH Foods ranks #725 out of 1442 companies for Cyclically Adjusted PB Ratio. This places NH Foods in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.25. NH Foods' value of 1.45 is 16.5% above this benchmark. Historically, NH Foods' own Cyclically Adjusted PB Ratio has ranged from 0.86 to 2.41 over the past decade. While the company's 10-year median is 1.25 vs. the industry median of 1.25, NH Foods 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 Consumer Packaged Goods company?
The median Cyclically Adjusted PB Ratio among Consumer Packaged Goods companies is 1.25, based on 1,442 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. NH Foods's current Cyclically Adjusted PB Ratio of 1.45 is 16.5% 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 NH Foods and its competitors. For the Consumer Packaged Goods industry, the median Cyclically Adjusted PB Ratio is 1.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NH Foods's current Cyclically Adjusted PB Ratio is 1.45, which is 16% above median its own 10-year median of 1.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NH Foods stock overvalued right now?
NH Foods (NHFOF) has a current Cyclically Adjusted PB Ratio of 1.45. The stock's GF Value™ is $31.54, compared to a current price of $33.00 — trading 4.6% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.45, which is 16% above median its 10-year median of 1.25 and 16.5% above the Consumer Packaged Goods industry median of 1.25. NH Foods' overall GF Score™ is 75/100 with 1 warning sign 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 NH Foods (NHFOF), the current Cyclically Adjusted PB Ratio is 1.45 as of Jul. 16, 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 NH Foods (NHFOF) Overvalued in 2026?

Based on GuruFocus' analysis, NH Foods stock appears to be overvalued. The current stock price of $33.00 is trading 4.6% above its estimated GF Value™ of $31.54.

Key valuation signals for NHFOF:

  • Cyclically Adjusted PB Ratio: 1.45 (16% above median its 10-year median of 1.25)
  • GF Value™: $31.54 vs. price of $33.00 (4.6% above fair value)
  • GF Score™: 75/100 with 1 warning sign
  • Industry Position: 16.5% above the Consumer Packaged Goods median (#725 of 1442)

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


NH Foods Business Description

Other Exchanges 2282:JapanNI6:Germany
Address 2-4-9 Umeda, Breeze Tower, Kita-ku, Osaka, JPN, 530-0001
NH Foods Ltd is a Japanese packaged-food company. The company offers a broad selection of products: hams, sausages, processed foods, marine products, dairy products, and health food. The company operates through ballpark, meat, processing, and overseas business headquarters. The Meat Business Headquarters focuses on meat production and sales in Japan. The Processing Business Headquarters manufactures and sells ham, sausages, processed foods, and dairy products domestically. The Overseas Business Headquarters engages in the production and sale of meat, ham, sausages, and processed foods abroad. It generates the majority of its revenue from the Meat business.
75GF Score

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

$33.00
Price
$31.54
GF Value