NNCHF (Nissan Chemical) 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.
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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.

NNCHF Nissan Chemical Corp NNCHF
96 GF Score
Price $39.41
GF Value $32.54
! 6 Warning Signs
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What is Nissan Chemical Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Nissan Chemical  (OTCPK:NNCHF) 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.


Nissan Chemical Cyclically Adjusted PB Ratio Related Terms


Nissan Chemical Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Nissan Chemical'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.

Nissan Chemical Cyclically Adjusted PB Ratio Chart

Nissan Chemical 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 - - 3.53 2.70 3.14

Nissan Chemical 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 2.69 2.73 2.78 3.21 3.18

NNCHF vs DOW: Cyclically Adjusted PB Ratio Comparison

For the Chemicals subindustry, Nissan Chemical'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.


Nissan Chemical Cyclically Adjusted PB Ratio vs Chemicals Industry

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

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


NNCHF
96GF Score
Nissan Chemical Corp NNCHF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Nissan Chemical 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.

Nissan Chemical's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Nissan Chemical's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=11.761/113.6000*113.6000
=11.761

Current CPI (Jun. 2026) = 113.6000.

Nissan Chemical Quarterly Data

Book Value per Share CPI Adj_Book
201609 10.021 98.000 11.616
201612 8.846 98.400 10.212
201703 9.681 98.100 11.211
201706 9.698 98.500 11.185
201709 10.104 98.800 11.618
201712 10.166 99.400 11.618
201803 11.095 99.200 12.706
201806 10.537 99.200 12.067
201809 10.819 99.900 12.303
201812 10.761 99.700 12.261
201903 11.131 99.700 12.683
201906 11.230 99.800 12.783
201909 11.381 100.100 12.916
201912 11.173 100.500 12.629
202003 11.813 100.300 13.379
202006 11.825 99.900 13.447
202009 12.357 99.900 14.052
202012 12.555 99.300 14.363
202103 12.635 99.900 14.368
202106 12.235 99.500 13.969
202109 12.426 100.100 14.102
202112 12.160 100.100 13.800
202203 12.102 101.100 13.598
202206 10.953 101.800 12.223
202209 10.754 103.100 11.849
202212 11.628 104.100 12.689
202303 11.866 104.400 12.912
202306 10.817 105.200 11.681
202309 10.853 106.200 11.609
202312 11.270 106.800 11.988
202403 11.007 107.200 11.664
202406 10.249 108.200 10.761
202409 11.771 108.900 12.279
202412 10.657 110.700 10.936
202503 11.589 111.100 11.850
202506 12.026 111.700 12.231
202509 12.119 112.000 12.292
202512 11.646 113.000 11.708
202603 12.142 112.700 12.239
202606 11.761 113.600 11.761

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 Nissan Chemical (NNCHF) Overvalued in 2026?

Based on GuruFocus' analysis, Nissan Chemical stock appears to be overvalued. The current stock price of $39.41 is trading 21.1% above its estimated GF Value™ of $32.54.

Key valuation signals for NNCHF:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: $32.54 vs. price of $39.41 (21.1% above fair value)
  • GF Score™: 96/100 with 6 warning signs

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


Nissan Chemical Business Description

Address 2-5-1 Nihonbashi, Chuo-ku, Tokyo, JPN, 103-6119
Nissan Chemical Corp manufactures and sells chemicals, semiconductors, and pharmaceutical products. The company operates through six segments. The Agricultural Chemicals segment offers pesticides, plant growth regulators, and veterinary drug ingredients. The Chemicals segment provides basic and fine chemicals such as acids, ammonia, epoxies, and flame retardants. The Functional Materials segment supplies display and semiconductor materials, polyimides, abrasives, and surface treatment agents. The Healthcare segment develops pharmaceutical ingredients and offers contract problem-solving services. The Wholesale segment handles chemical product distribution. The Others segment includes fertilizers, landscaping, transportation, plant engineering, and sulfuric acid production.
96GF Score

Get the complete analysis for NNCHF

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

$39.41
Price
$32.54
GF Value