NPNVF (Valqua) Cyclically Adjusted PB Ratio: 1.91 (As of Aug. 11, 2026) — 26% Above Median

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NPNVF Valqua Ltd NPNVF
72 GF Score
Price $23.00
GF Value $12.56
! 2 Warning Signs
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What is Valqua Cyclically Adjusted PB Ratio?

Valqua NPNVF 72 Cyclically Adjusted PB Ratio is 1.91 as of Aug. 11, 2026, which is 26% above its 10-year median of 1.52. GuruFocus rates NPNVF with a GF Score™ of 72/100 and a GF Value™ of $12.56. The stock has 2 warning signs investors should review. Among 2,242 Industrial Products companies, Valqua ranks worse than 60.08% on this metric.

As of today (2026-08-11), Valqua's current share price is $23.00. Valqua's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $12.05. Valqua's Cyclically Adjusted PB Ratio for today is 1.91.

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

NPNVF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.98   Med: 1.52   Max: 3.44
Current: 2.91

During the past years, Valqua's highest Cyclically Adjusted PB Ratio was 3.44. The lowest was 0.98. And the median was 1.52.

NPNVF's Cyclically Adjusted PB Ratio is ranked worse than
60.08% of 2242 companies
in the Industrial Products industry
Industry Median: 2.19 vs NPNVF: 2.91

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.

Valqua's adjusted book value per share data for the three months ended in Mar. 2026 was $19.127. 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 $12.05 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Valqua  (OTCPK:NPNVF) 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.


Valqua Cyclically Adjusted PB Ratio Related Terms


Valqua Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Valqua'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.

Valqua Cyclically Adjusted PB Ratio Chart

Valqua 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 1.52 1.81 2.50 1.39 1.91

Valqua 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 1.35 1.63 1.72 1.91 0.00

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

For the Specialty Industrial Machinery subindustry, Valqua'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.


Valqua Cyclically Adjusted PB Ratio vs Industrial Products Industry

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

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


NPNVF
72GF Score
Valqua Ltd NPNVF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Valqua 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.

Valqua's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=23.00/12.05
=1.91

* 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.

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

For example, Valqua'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)
=19.127/112.7000*112.7000
=19.127

Current CPI (Mar. 2026) = 112.7000.

Valqua Quarterly Data

Book Value per Share CPI Adj_Book
201606 14.449 98.100 16.599
201609 15.019 98.000 17.272
201612 13.519 98.400 15.484
201703 14.673 98.100 16.857
201706 15.249 98.500 17.447
201709 15.442 98.800 17.615
201712 15.836 99.400 17.955
201803 17.637 99.200 20.037
201806 16.746 99.200 19.025
201809 16.831 99.900 18.988
201812 16.309 99.700 18.436
201903 16.802 99.700 18.993
201906 17.362 99.800 19.606
201909 17.812 100.100 20.054
201912 17.456 100.500 19.575
202003 17.585 100.300 19.759
202006 17.651 99.900 19.913
202009 18.526 99.900 20.900
202012 18.776 99.300 21.310
202103 18.581 99.900 20.962
202106 18.454 99.500 20.902
202109 19.393 100.100 21.834
202112 18.923 100.100 21.305
202203 18.945 101.100 21.119
202206 17.080 101.800 18.909
202209 16.959 103.100 18.538
202212 18.577 104.100 20.112
202303 19.264 104.400 20.796
202306 18.310 105.200 19.615
202309 18.079 106.200 19.186
202312 18.602 106.800 19.630
202403 18.307 107.200 19.246
202406 0.000 108.200 0.000
202409 19.824 108.900 20.516
202412 17.765 110.700 18.086
202503 19.248 111.100 19.525
202506 19.508 111.700 19.683
202509 19.675 112.000 19.798
202512 18.621 113.000 18.572
202603 19.127 112.700 19.127

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 1.91 mean?
Valqua (NPNVF) has a Cyclically Adjusted PB Ratio of 1.91 as of Aug. 11, 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 Valqua and its competitors. This is 26% above median its historical median of 1.52. Over the past decade, Valqua's Cyclically Adjusted PB Ratio has ranged from 0.98 to 3.44. According to the industry distribution chart, Valqua ranks #1347 out of 2242 companies in the Industrial Products industry, placing it in the top 60.1%.
Is Valqua's Cyclically Adjusted PB Ratio too high?
Valqua's current Cyclically Adjusted PB Ratio of 1.91 is 26% above median its 10-year median of 1.52. Over the past 10 years, this metric has ranged from a low of 0.98 to a high of 3.44. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.19. Valqua's value of 1.91 is 12.8% below this industry median. Based on the distribution chart, Valqua ranks #1347 out of 2242 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Valqua has a GF Score™ of 72/100, reflecting its overall financial health beyond just this single metric.
How does Valqua's Cyclically Adjusted PB Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Valqua ranks #1347 out of 2242 companies for Cyclically Adjusted PB Ratio. This places Valqua in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.19. Valqua's value of 1.91 is 12.8% below this benchmark. Historically, Valqua's own Cyclically Adjusted PB Ratio has ranged from 0.98 to 3.44 over the past decade. While the company's 10-year median is 1.52 vs. the industry median of 2.19, Valqua 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 an Industrial Products company?
The median Cyclically Adjusted PB Ratio among Industrial Products companies is 2.19, based on 2,242 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. Valqua's current Cyclically Adjusted PB Ratio of 1.91 is 12.8% 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 Valqua and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Valqua's current Cyclically Adjusted PB Ratio is 1.91, which is 26% above median its own 10-year median of 1.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Valqua stock overvalued right now?
Valqua (NPNVF) has a current Cyclically Adjusted PB Ratio of 1.91. The stock's GF Value™ is $12.56, compared to a current price of $23.00 — trading 83.1% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.91, which is 26% above median its 10-year median of 1.52 and 12.8% below the Industrial Products industry median of 2.19. Valqua's overall GF Score™ is 72/100 with 2 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 Valqua (NPNVF), the current Cyclically Adjusted PB Ratio is 1.91 as of Aug. 11, 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 Valqua (NPNVF) Overvalued in 2026?

Based on GuruFocus' analysis, Valqua stock appears to be overvalued. The current stock price of $23.00 is trading 83.1% above its estimated GF Value™ of $12.56.

Key valuation signals for NPNVF:

  • Cyclically Adjusted PB Ratio: 1.91 (26% above median its 10-year median of 1.52)
  • GF Value™: $12.56 vs. price of $23.00 (83.1% above fair value)
  • GF Score™: 72/100 with 2 warning signs
  • Industry Position: 12.8% below the Industrial Products median (#1347 of 2242)

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


Valqua Business Description

Other Exchanges 7995:Japan
Address 1-1, Osaki 2-chome, Shinagawa-ku, Tokyo, JPN, 141-6024
Valqua Ltd designs, manufactures, processes, and sells products of Fiber,Fluorocarbon Resin, High-functional Rubber and other Materials for Industrial Equipment, Chemical, Machinery, Energy, Communication Equipment, Semiconductor, Automobile, Aerospace, and all other Industries.
72GF Score

Get the complete analysis for NPNVF

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

$23.00
Price
$12.56
GF Value