NPPEY (Nippon Electric Glass Co) Cyclically Adjusted PB Ratio: (As of Aug. 09, 2026)

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Director of Data and Quant Analytics at GuruFocus
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NPPEY Nippon Electric Glass Co Ltd NPPEY
58 GF Score
Price $18.77
GF Value $16.26
Valuation Modestly Overvalued
! 3 Warning Signs
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What is Nippon Electric Glass Co Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nippon Electric Glass Co  (OTCPK:NPPEY) 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 0.00

NPPEY 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.


NPPEY
58GF Score
Nippon Electric Glass Co Ltd NPPEY
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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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 Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Nippon Electric Glass Co'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)
=21.045/112.7000*112.7000
=21.045

Current CPI (Mar. 2026) = 112.7000.

Nippon Electric Glass Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 23.632 98.100 27.149
201609 24.288 98.000 27.931
201612 21.852 98.400 25.028
201703 22.564 98.100 25.922
201706 23.445 98.500 26.825
201709 23.700 98.800 27.034
201712 23.981 99.400 27.190
201803 25.100 99.200 28.516
201806 24.216 99.200 27.512
201809 24.130 99.900 27.222
201812 23.824 99.700 26.930
201903 24.211 99.700 27.368
201906 24.447 99.800 27.607
201909 24.171 100.100 27.214
201912 22.390 100.500 25.108
202003 22.102 100.300 24.834
202006 22.349 99.900 25.213
202009 22.920 99.900 25.857
202012 23.537 99.300 26.713
202103 22.965 99.900 25.907
202106 23.007 99.500 26.059
202109 23.109 100.100 26.018
202112 23.375 100.100 26.317
202203 23.254 101.100 25.922
202206 21.507 101.800 23.810
202209 20.151 103.100 22.027
202212 20.885 104.100 22.610
202303 20.960 104.400 22.626
202306 19.530 105.200 20.922
202309 18.849 106.200 20.003
202312 18.973 106.800 20.021
202403 19.466 107.200 20.465
202406 19.290 108.200 20.092
202409 20.951 108.900 21.682
202412 19.493 110.700 19.845
202503 19.691 111.100 19.975
202506 20.629 111.700 20.814
202509 20.815 112.000 20.945
202512 20.989 113.000 20.933
202603 21.045 112.700 21.045

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 Nippon Electric Glass Co (NPPEY) Overvalued in 2026?

Based on GuruFocus' analysis, Nippon Electric Glass Co stock appears to be overvalued. The current stock price of $18.77 is trading 15.4% above its estimated GF Value™ of $16.26. GuruFocus considers Nippon Electric Glass Co to be Modestly Overvalued.

Key valuation signals for NPPEY:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: $16.26 vs. price of $18.77 (15.4% above fair value)
  • GF Score™: 58/100 with 3 warning signs

No single metric tells the full story. See the NPPEY 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.
58GF Score

Get the complete analysis for NPPEY

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

$18.77
Price
$16.26
GF Value