Nidec (NJDCY) Cyclically Adjusted PB Ratio: (As of Sep. 20, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NJDCY Nidec Corp NJDCY
87 GF Score
Price $4.49
GF Value $5.93
Valuation Modestly Undervalued
! 8 Warning Signs
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What is Nidec Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Nidec  (OTCPK:NJDCY) 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.


Nidec Cyclically Adjusted PB Ratio Related Terms


Nidec Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Nidec'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.

Nidec Cyclically Adjusted PB Ratio Chart

Nidec Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.53 5.71 3.44 2.52 1.89

Nidec Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
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 2.52 2.08 1.92 2.20 1.94

NJDCY vs GEV, ETN, PH: Cyclically Adjusted PB Ratio Comparison

For the Specialty Industrial Machinery subindustry, Nidec'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.


Nidec Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Nidec's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


NJDCY
87GF Score
Nidec Corp NJDCY
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Nidec 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.

Nidec's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2025 is calculated as:

For example, Nidec's adjusted Book Value per Share data for the three months ended in Sep. 2025 was:

Adj_Book=Book Value per Share/CPI of Sep. 2025 (Change)*Current CPI (Sep. 2025)
=2.622/112.0000*112.0000
=2.622

Current CPI (Sep. 2025) = 112.0000.

Nidec Quarterly Data

Book Value per Share CPI Adj_Book
201512 1.404 98.100 1.603
201603 1.446 97.900 1.654
201606 1.469 98.100 1.677
201609 1.526 98.000 1.744
201612 1.522 98.400 1.732
201703 1.620 98.100 1.850
201706 1.647 98.500 1.873
201709 1.738 98.800 1.970
201712 1.798 99.400 2.026
201803 1.871 99.200 2.112
201806 1.859 99.200 2.099
201809 1.909 99.900 2.140
201812 1.941 99.700 2.180
201903 1.956 99.700 2.197
201906 1.907 99.800 2.140
201909 1.923 100.100 2.152
201912 1.993 100.500 2.221
202003 1.913 100.300 2.136
202006 1.920 99.900 2.153
202009 1.993 99.900 2.234
202012 2.072 99.300 2.337
202103 2.151 99.900 2.412
202106 2.170 99.500 2.443
202109 2.237 100.100 2.503
202112 2.261 100.100 2.530
202203 2.337 101.100 2.589
202206 2.312 101.800 2.544
202209 2.310 103.100 2.509
202212 2.328 104.100 2.505
202303 2.232 104.400 2.394
202306 2.305 105.200 2.454
202309 2.362 106.200 2.491
202312 2.427 106.800 2.545
202403 2.384 107.200 2.491
202406 2.438 108.200 2.524
202409 2.474 108.900 2.544
202412 2.517 110.700 2.547
202503 2.445 111.100 2.465
202506 2.536 111.700 2.543
202509 2.622 112.000 2.622

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.

Is Nidec (NJDCY) Overvalued in 2026?

Based on GuruFocus' analysis, Nidec stock appears to be undervalued. The current stock price of $4.49 is trading 24.3% below its estimated GF Value™ of $5.93. GuruFocus considers Nidec to be Modestly Undervalued.

Key valuation signals for NJDCY:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: $5.93 vs. price of $4.49 (24.3% below fair value)
  • GF Score™: 87/100 with 8 warning signs

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


Nidec Business Description

Address 338 Kuzetonoshiro-cho, Minami-ku, Kyoto, JPN, 601-8205
Nidec is a global leader of brushless direct current motors, which have advantages in power efficiency, silence, and durability. Nidec possesses the number-one market share in a wide variety of products, such as hard disk drive motors, optical disk drive motors, vibration motors on handsets, brushless motors for inverter air conditioners, and brushless motors for electric power steering on automobiles. It continues to benefit from the growing demand for power-efficient motors, driven by strengthening environmental regulations.
87GF Score

Get the complete analysis for NJDCY

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

$4.49
Price
$5.93
GF Value