NNCHF (Nissan Chemical) Cyclically Adjusted PB Ratio: 3.98 (As of Jul. 29, 2026) — 22% Below Median

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NNCHF Nissan Chemical Corp NNCHF
95 GF Score
Price $39.41
GF Value $33.02
! 1 Warning Sign
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What is Nissan Chemical Cyclically Adjusted PB Ratio?

Nissan Chemical NNCHF 95 Cyclically Adjusted PB Ratio is 3.98 as of Jul. 29, 2026, which is 22% below its 10-year median of 5.09. GuruFocus rates NNCHF with a GF Score™ of 95/100 and a GF Value™ of $33.02. The stock has 1 warning sign investors should review. Among 1,267 Chemicals companies, Nissan Chemical ranks worse than 84.93% on this metric.

As of today (2026-07-29), Nissan Chemical's current share price is $39.405. Nissan Chemical's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $9.91. Nissan Chemical's Cyclically Adjusted PB Ratio for today is 3.98.

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

NNCHF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.82   Med: 5.09   Max: 7.23
Current: 5.06

During the past years, Nissan Chemical's highest Cyclically Adjusted PB Ratio was 7.23. The lowest was 2.82. And the median was 5.09.

NNCHF's Cyclically Adjusted PB Ratio is ranked worse than
84.93% of 1267 companies
in the Chemicals industry
Industry Median: 1.65 vs NNCHF: 5.06

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.

Nissan Chemical's adjusted book value per share data for the three months ended in Mar. 2026 was $11.995. 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 $9.91 for the trailing ten years ended in Mar. 2026.

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 6.61 4.97 4.40 3.13 3.98

Nissan Chemical 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 3.13 3.05 3.67 3.59 3.98

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
95GF Score
Nissan Chemical Corp NNCHF
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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 PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=39.405/9.91
=3.98

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

For example, Nissan Chemical'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)
=11.995/112.7000*112.7000
=11.995

Current CPI (Mar. 2026) = 112.7000.

Nissan Chemical Quarterly Data

Book Value per Share CPI Adj_Book
201606 9.478 98.100 10.889
201609 9.901 98.000 11.386
201612 8.827 98.400 10.110
201703 9.456 98.100 10.863
201706 9.724 98.500 11.126
201709 10.232 98.800 11.672
201712 10.032 99.400 11.374
201803 11.015 99.200 12.514
201806 10.503 99.200 11.932
201809 10.934 99.900 12.335
201812 10.490 99.700 11.858
201903 10.980 99.700 12.412
201906 11.095 99.800 12.529
201909 11.324 100.100 12.749
201912 11.026 100.500 12.364
202003 11.742 100.300 13.194
202006 11.753 99.900 13.259
202009 12.243 99.900 13.812
202012 12.376 99.300 14.046
202103 12.734 99.900 14.366
202106 12.221 99.500 13.842
202109 12.471 100.100 14.041
202112 12.180 100.100 13.713
202203 12.262 101.100 13.669
202206 10.946 101.800 12.118
202209 10.761 103.100 11.763
202212 11.270 104.100 12.201
202303 11.649 104.400 12.575
202306 10.884 105.200 11.660
202309 10.785 106.200 11.445
202312 10.869 106.800 11.469
202403 10.956 107.200 11.518
202406 10.275 108.200 10.702
202409 11.627 108.900 12.033
202412 10.738 110.700 10.932
202503 11.484 111.100 11.649
202506 11.852 111.700 11.958
202509 11.937 112.000 12.012
202512 11.531 113.000 11.500
202603 11.995 112.700 11.995

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 3.98 mean?
Nissan Chemical (NNCHF) has a Cyclically Adjusted PB Ratio of 3.98 as of Jul. 29, 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 Nissan Chemical and its competitors. This is 22% below median its historical median of 5.09. Over the past decade, Nissan Chemical's Cyclically Adjusted PB Ratio has ranged from 2.82 to 7.23. According to the industry distribution chart, Nissan Chemical ranks #1076 out of 1267 companies in the Chemicals industry, placing it in the top 84.9%.
Is Nissan Chemical's Cyclically Adjusted PB Ratio too high?
Nissan Chemical's current Cyclically Adjusted PB Ratio of 3.98 is 22% below median its 10-year median of 5.09. Over the past 10 years, this metric has ranged from a low of 2.82 to a high of 7.23. The Chemicals industry median Cyclically Adjusted PB Ratio is 1.65. Nissan Chemical's value of 3.98 is 141.2% above this industry median. Based on the distribution chart, Nissan Chemical ranks #1076 out of 1267 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Nissan Chemical has a GF Score™ of 95/100, reflecting its overall financial health beyond just this single metric.
How does Nissan Chemical's Cyclically Adjusted PB Ratio compare to DOW?
According to the Chemicals industry distribution chart, Nissan Chemical ranks #1076 out of 1267 companies for Cyclically Adjusted PB Ratio. This places Nissan Chemical in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.65. Nissan Chemical's value of 3.98 is 141.2% above this benchmark. Historically, Nissan Chemical's own Cyclically Adjusted PB Ratio has ranged from 2.82 to 7.23 over the past decade. While the company's 10-year median is 5.09 vs. the industry median of 1.65, Nissan Chemical 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 1.65, based on 1,267 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. Nissan Chemical's current Cyclically Adjusted PB Ratio of 3.98 is 141.2% 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 Nissan Chemical and its competitors. For the Chemicals industry, the median Cyclically Adjusted PB Ratio is 1.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nissan Chemical's current Cyclically Adjusted PB Ratio is 3.98, which is 22% below median its own 10-year median of 5.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nissan Chemical stock overvalued right now?
Nissan Chemical (NNCHF) has a current Cyclically Adjusted PB Ratio of 3.98. The stock's GF Value™ is $33.02, compared to a current price of $39.41 — trading 19.3% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 3.98, which is 22% below median its 10-year median of 5.09 and 141.2% above the Chemicals industry median of 1.65. Nissan Chemical's overall GF Score™ is 95/100 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 Nissan Chemical (NNCHF), the current Cyclically Adjusted PB Ratio is 3.98 as of Jul. 29, 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 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 19.3% above its estimated GF Value™ of $33.02.

Key valuation signals for NNCHF:

  • Cyclically Adjusted PB Ratio: 3.98 (22% below median its 10-year median of 5.09)
  • GF Value™: $33.02 vs. price of $39.41 (19.3% above fair value)
  • GF Score™: 95/100 with 1 warning sign
  • Industry Position: 141.2% above the Chemicals median (#1076 of 1267)

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

$39.41
Price
$33.02
GF Value