NPEGF (Nippon Electric Glass Co) Cyclically Adjusted PB Ratio: 0.82 (As of Aug. 25, 2026) — 46% Above Median

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NPEGF Nippon Electric Glass Co Ltd NPEGF
79 GF Score
Price $30.02
GF Value $27.91
Valuation Fairly Valued
! 1 Warning Sign
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What is Nippon Electric Glass Co Cyclically Adjusted PB Ratio?

Nippon Electric Glass Co NPEGF -3.47% 79 Cyclically Adjusted PB Ratio is 0.82 as of Aug. 25, 2026, which is 46% above its 10-year median of 0.56. GuruFocus rates NPEGF with a GF Score™ of 79/100 and a GF Value™ of $27.91 (Fairly Valued). The stock has 1 warning sign investors should review. Among 1,943 Hardware companies, Nippon Electric Glass Co ranks better than 77.92% on this metric.

As of today (2026-08-25), Nippon Electric Glass Co's current share price is $30.02. Nippon Electric Glass Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was $36.39. Nippon Electric Glass Co's Cyclically Adjusted PB Ratio for today is 0.82.

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

NPEGF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.24   Med: 0.56   Max: 1.34
Current: 0.79

During the past years, Nippon Electric Glass Co's highest Cyclically Adjusted PB Ratio was 1.34. The lowest was 0.24. And the median was 0.56.

NPEGF's Cyclically Adjusted PB Ratio is ranked better than
77.92% of 1943 companies
in the Hardware industry
Industry Median: 2.03 vs NPEGF: 0.79

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 Electric Glass Co's adjusted book value per share data for the three months ended in Jun. 2026 was $41.901. 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 $36.39 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nippon Electric Glass Co  (OTCPK:NPEGF) 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 Electric Glass Co Cyclically Adjusted PB Ratio Related Terms


Nippon Electric Glass Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Nippon Electric Glass 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 Electric Glass Co Cyclically Adjusted PB Ratio Chart

Nippon Electric Glass Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.57 0.43 0.54 0.58 1.03

Nippon Electric Glass 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 0.58 0.82 1.03 0.99 1.09

NPEGF vs APH, GLW, TEL: Cyclically Adjusted PB Ratio Comparison

For the Electronic Components subindustry, Nippon Electric Glass 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 Electric Glass Co Cyclically Adjusted PB Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Nippon Electric Glass Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


NPEGF
79GF Score
Nippon Electric Glass Co Ltd NPEGF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nippon Electric Glass 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 Electric Glass Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=30.02/36.39
=0.82

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

For example, Nippon Electric Glass Co'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)
=41.901/113.6000*113.6000
=41.901

Current CPI (Jun. 2026) = 113.6000.

Nippon Electric Glass Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 48.576 98.000 56.309
201612 43.704 98.400 50.455
201703 45.127 98.100 52.257
201706 46.889 98.500 54.077
201709 47.399 98.800 54.499
201712 47.962 99.400 54.814
201803 50.199 99.200 57.486
201806 48.431 99.200 55.461
201809 48.260 99.900 54.878
201812 47.647 99.700 54.290
201903 48.423 99.700 55.174
201906 48.895 99.800 55.656
201909 48.342 100.100 54.862
201912 44.779 100.500 50.616
202003 44.204 100.300 50.066
202006 44.698 99.900 50.828
202009 45.840 99.900 52.126
202012 47.074 99.300 53.853
202103 45.929 99.900 52.228
202106 46.014 99.500 52.535
202109 46.219 100.100 52.452
202112 46.751 100.100 53.056
202203 46.508 101.100 52.258
202206 43.013 101.800 47.999
202209 40.302 103.100 44.406
202212 41.771 104.100 45.583
202303 41.920 104.400 45.614
202306 39.060 105.200 42.179
202309 37.698 106.200 40.325
202312 37.946 106.800 40.362
202403 38.932 107.200 41.256
202406 38.579 108.200 40.504
202409 41.902 108.900 43.710
202412 38.986 110.700 40.007
202503 39.381 111.100 40.267
202506 41.259 111.700 41.961
202509 41.631 112.000 42.226
202512 41.978 113.000 42.201
202603 42.089 112.700 42.425
202606 41.901 113.600 41.901

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 0.82 mean?
Nippon Electric Glass Co (NPEGF) has a Cyclically Adjusted PB Ratio of 0.82 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 Electric Glass Co and its competitors. This is 46% above median its historical median of 0.56. Over the past decade, Nippon Electric Glass Co's Cyclically Adjusted PB Ratio has ranged from 0.24 to 1.34. According to the industry distribution chart, Nippon Electric Glass Co ranks #429 out of 1943 companies in the Hardware industry, placing it in the top 22.1%.
Is Nippon Electric Glass Co's Cyclically Adjusted PB Ratio too high?
Nippon Electric Glass Co's current Cyclically Adjusted PB Ratio of 0.82 is 46% above median its 10-year median of 0.56. Over the past 10 years, this metric has ranged from a low of 0.24 to a high of 1.34. The Hardware industry median Cyclically Adjusted PB Ratio is 2.03. Nippon Electric Glass Co's value of 0.82 is 59.6% below this industry median. Based on the distribution chart, Nippon Electric Glass Co ranks #429 out of 1943 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Nippon Electric Glass Co has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nippon Electric Glass Co's Cyclically Adjusted PB Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, Nippon Electric Glass Co ranks #429 out of 1943 companies for Cyclically Adjusted PB Ratio. This places Nippon Electric Glass Co in the top 22% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 2.03. Nippon Electric Glass Co's value of 0.82 is 59.6% below this benchmark. Historically, Nippon Electric Glass Co's own Cyclically Adjusted PB Ratio has ranged from 0.24 to 1.34 over the past decade. While the company's 10-year median is 0.56 vs. the industry median of 2.03, Nippon Electric Glass 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 Hardware company?
The median Cyclically Adjusted PB Ratio among Hardware companies is 2.03, based on 1,943 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 Electric Glass Co's current Cyclically Adjusted PB Ratio of 0.82 is 59.6% 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 Electric Glass Co and its competitors. For the Hardware industry, the median Cyclically Adjusted PB Ratio is 2.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nippon Electric Glass Co's current Cyclically Adjusted PB Ratio is 0.82, which is 46% above median its own 10-year median of 0.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon Electric Glass Co stock overvalued right now?
Based on GuruFocus' analysis, Nippon Electric Glass Co (NPEGF) is currently considered Fairly Valued. The stock's GF Value™ is $27.91, compared to a current price of $30.02 — trading 7.6% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.82, which is 46% above median its 10-year median of 0.56 and 59.6% below the Hardware industry median of 2.03. Nippon Electric Glass Co's overall GF Score™ is 79/100 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 Nippon Electric Glass Co (NPEGF), the current Cyclically Adjusted PB Ratio is 0.82 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 Electric Glass Co (NPEGF) Overvalued in 2026?

Based on GuruFocus' analysis, Nippon Electric Glass Co stock appears to be overvalued. The current stock price of $30.02 is trading 7.6% above its estimated GF Value™ of $27.91. GuruFocus considers Nippon Electric Glass Co to be Fairly Valued.

Key valuation signals for NPEGF:

  • Cyclically Adjusted PB Ratio: 0.82 (46% above median its 10-year median of 0.56)
  • GF Value™: $27.91 vs. price of $30.02 (7.6% above fair value)
  • GF Score™: 79/100 with 1 warning sign
  • Industry Position: 59.6% below the Hardware median (#429 of 1943)

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


Nippon Electric Glass Co Business Description

Address 2-7-1 Seiran, Shiga Prefecture, Otsu, JPN, 520-8639
Nippon Electric Glass Co Ltd is in the business of the production and sale of glass products and glassmaking machinery. Its business is divided into two categories: Electronics and Information Technology, and Performance Materials and Others. The company produces glass for flat panel displays, optical devices, chemical strengthening, electronic devices, solar cells, fiber, and building materials. The company generates the majority of its sales from the electronics and information technology category.
79GF Score

Get the complete analysis for NPEGF

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

$30.02
Price
$27.91
GF Value