NIJPF (Nippon Paper Industries Co) Cyclically Adjusted PB Ratio: 0.31 (As of Aug. 25, 2026) — Near Median

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NIJPF Nippon Paper Industries Co Ltd NIJPF
54 GF Score
Price $7.10
GF Value $5.98
! 9 Warning Signs
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What is Nippon Paper Industries Co Cyclically Adjusted PB Ratio?

Nippon Paper Industries Co NIJPF 54 Cyclically Adjusted PB Ratio is 0.31 as of Aug. 25, 2026, which is 7% above its 10-year median of 0.29. GuruFocus rates NIJPF with a GF Score™ of 54/100 and a GF Value™ of $5.98. The stock has 9 warning signs investors should review. Among 221 Forest Products companies, Nippon Paper Industries Co ranks better than 72.85% on this metric.

As of today (2026-08-25), Nippon Paper Industries Co's current share price is $7.10. Nippon Paper Industries Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $22.55. Nippon Paper Industries Co's Cyclically Adjusted PB Ratio for today is 0.31.

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

NIJPF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.21   Med: 0.29   Max: 0.39
Current: 0.34

During the past years, Nippon Paper Industries Co's highest Cyclically Adjusted PB Ratio was 0.39. The lowest was 0.21. And the median was 0.29.

NIJPF's Cyclically Adjusted PB Ratio is ranked better than
72.85% of 221 companies
in the Forest Products industry
Industry Median: 0.75 vs NIJPF: 0.34

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 Paper Industries Co's adjusted book value per share data for the three months ended in Mar. 2026 was $27.789. 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 $22.55 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nippon Paper Industries Co  (OTCPK:NIJPF) 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 Paper Industries Co Cyclically Adjusted PB Ratio Related Terms


Nippon Paper Industries Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Nippon Paper Industries 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.

Nippon Paper Industries Co Cyclically Adjusted PB Ratio Chart

Nippon Paper Industries 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 0.29 0.27 0.30 0.25 0.31

Nippon Paper Industries Co 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 0.26 0.30 0.29 0.31 0.00

Nippon Paper Industries Co Cyclically Adjusted PB Ratio Competitor Comparison

For the Paper & Paper Products subindustry, Nippon Paper Industries 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.


Nippon Paper Industries Co Cyclically Adjusted PB Ratio vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Nippon Paper Industries Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


NIJPF
54GF Score
Nippon Paper Industries Co Ltd NIJPF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Nippon Paper Industries 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.

Nippon Paper Industries Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=7.10/22.55
=0.31

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

For example, Nippon Paper Industries Co'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)
=27.789/112.7000*112.7000
=27.789

Current CPI (Mar. 2026) = 112.7000.

Nippon Paper Industries Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 33.434 98.100 38.410
201609 33.693 98.000 38.747
201612 29.616 98.400 33.920
201703 32.897 98.100 37.793
201706 33.795 98.500 38.667
201709 34.101 98.800 38.899
201712 33.905 99.400 38.442
201803 35.609 99.200 40.455
201806 33.347 99.200 37.885
201809 33.105 99.900 37.347
201812 29.811 99.700 33.698
201903 29.946 99.700 33.851
201906 30.886 99.800 34.878
201909 31.218 100.100 35.148
201912 30.996 100.500 34.759
202003 30.172 100.300 33.902
202006 28.614 99.900 32.280
202009 30.132 99.900 33.993
202012 31.592 99.300 35.855
202103 32.844 99.900 37.052
202106 33.151 99.500 37.549
202109 33.509 100.100 37.727
202112 31.877 100.100 35.889
202203 31.163 101.100 34.739
202206 28.979 101.800 32.082
202209 27.086 103.100 29.608
202212 27.882 104.100 30.185
202303 25.555 104.400 27.587
202306 24.405 105.200 26.145
202309 24.220 106.200 25.702
202312 24.920 106.800 26.297
202403 27.114 107.200 28.505
202406 26.249 108.200 27.341
202409 28.973 108.900 29.984
202412 26.337 110.700 26.813
202503 28.014 111.100 28.417
202506 28.104 111.700 28.356
202509 27.465 112.000 27.637
202512 26.936 113.000 26.864
202603 27.789 112.700 27.789

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 0.31 mean?
Nippon Paper Industries Co (NIJPF) has a Cyclically Adjusted PB Ratio of 0.31 as of Aug. 25, 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 Paper Industries Co and its competitors. This is near median its historical median of 0.29. Over the past decade, Nippon Paper Industries Co's Cyclically Adjusted PB Ratio has ranged from 0.21 to 0.39. According to the industry distribution chart, Nippon Paper Industries Co ranks #60 out of 221 companies in the Forest Products industry, placing it in the top 27.1%.
Is Nippon Paper Industries Co's Cyclically Adjusted PB Ratio too high?
Nippon Paper Industries Co's current Cyclically Adjusted PB Ratio of 0.31 is near median its 10-year median of 0.29. Over the past 10 years, this metric has ranged from a low of 0.21 to a high of 0.39. The Forest Products industry median Cyclically Adjusted PB Ratio is 0.75. Nippon Paper Industries Co's value of 0.31 is 58.7% below this industry median. Based on the distribution chart, Nippon Paper Industries Co ranks #60 out of 221 companies in the Forest Products industry, which is above the industry midpoint. Overall, Nippon Paper Industries Co has a GF Score™ of 54/100, reflecting its overall financial health beyond just this single metric.
How does Nippon Paper Industries Co's Cyclically Adjusted PB Ratio compare to competitors?
According to the Forest Products industry distribution chart, Nippon Paper Industries Co ranks #60 out of 221 companies for Cyclically Adjusted PB Ratio. This puts Nippon Paper Industries Co in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.75. Nippon Paper Industries Co's value of 0.31 is 58.7% below this benchmark. Historically, Nippon Paper Industries Co's own Cyclically Adjusted PB Ratio has ranged from 0.21 to 0.39 over the past decade. While the company's 10-year median is 0.29 vs. the industry median of 0.75, Nippon Paper Industries 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 Forest Products company?
The median Cyclically Adjusted PB Ratio among Forest Products companies is 0.75, based on 221 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 Paper Industries Co's current Cyclically Adjusted PB Ratio of 0.31 is 58.7% 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 Paper Industries Co and its competitors. For the Forest Products industry, the median Cyclically Adjusted PB Ratio is 0.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nippon Paper Industries Co's current Cyclically Adjusted PB Ratio is 0.31, which is near median its own 10-year median of 0.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon Paper Industries Co stock overvalued right now?
Nippon Paper Industries Co (NIJPF) has a current Cyclically Adjusted PB Ratio of 0.31. The stock's GF Value™ is $5.98, compared to a current price of $7.10 — trading 18.7% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.31, which is near median its 10-year median of 0.29 and 58.7% below the Forest Products industry median of 0.75. Nippon Paper Industries Co's overall GF Score™ is 54/100 with 9 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 Paper Industries Co (NIJPF), the current Cyclically Adjusted PB Ratio is 0.31 as of Aug. 25, 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 Paper Industries Co (NIJPF) Overvalued in 2026?

Based on GuruFocus' analysis, Nippon Paper Industries Co stock appears to be overvalued. The current stock price of $7.10 is trading 18.7% above its estimated GF Value™ of $5.98.

Key valuation signals for NIJPF:

  • Cyclically Adjusted PB Ratio: 0.31 (near median its 10-year median of 0.29)
  • GF Value™: $5.98 vs. price of $7.10 (18.7% above fair value)
  • GF Score™: 54/100 with 9 warning signs
  • Industry Position: 58.7% below the Forest Products median (#60 of 221)

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


Nippon Paper Industries Co Business Description

Other Exchanges 3863:Japan9NI:Germany
Address 4-6, Kanda-Surugadai, Chiyoda-ku, Tokyo, JPN, 101-0062
Nippon Paper Industries Co Ltd produces and sells a variety of paper products. The company's paper products include newsprint, printing, sanitary, and packaging paper, as well as container board and boxes. The firm also sells construction materials, and generates electric power. Nippon Paper organizes itself into four segments based on product type: pulp and paper; paper related; wood products and construction related; and other. The pulp and paper segment generates the majority of revenue. The majority of sales are made in Japan.
54GF Score

Get the complete analysis for NIJPF

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

$7.10
Price
$5.98
GF Value