NPPMF (Nippon Light Metal Holdings Co) Cyclically Adjusted PB Ratio: (As of Jul. 26, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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NPPMF Nippon Light Metal Holdings Co Ltd NPPMF
75 GF Score
Price $19.15
GF Value $14.26
! 3 Warning Signs
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What is Nippon Light Metal Holdings 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 Light Metal Holdings Co  (OTCPK:NPPMF) 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 Light Metal Holdings Co Cyclically Adjusted PB Ratio Related Terms


Nippon Light Metal Holdings Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Nippon Light Metal Holdings 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 Light Metal Holdings Co Cyclically Adjusted PB Ratio Chart

Nippon Light Metal Holdings Co 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 0.65 0.51 0.60 0.46 0.80

Nippon Light Metal Holdings Co 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 0.46 0.49 0.62 0.74 0.80

NPPMF vs AA, CENX, CSTM: Cyclically Adjusted PB Ratio Comparison

For the Aluminum subindustry, Nippon Light Metal Holdings 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 Light Metal Holdings Co Cyclically Adjusted PB Ratio vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Nippon Light Metal Holdings Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Nippon Light Metal Holdings Co's Cyclically Adjusted PB Ratio falls into.


NPPMF
75GF Score
Nippon Light Metal Holdings Co Ltd NPPMF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Nippon Light Metal Holdings 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 Light Metal Holdings Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Nippon Light Metal Holdings 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)
=25.479/112.7000*112.7000
=25.479

Current CPI (Mar. 2026) = 112.7000.

Nippon Light Metal Holdings Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 22.343 98.100 25.668
201609 23.880 98.000 27.462
201612 21.645 98.400 24.791
201703 22.833 98.100 26.231
201706 23.486 98.500 26.872
201709 24.258 98.800 27.671
201712 24.462 99.400 27.735
201803 26.491 99.200 30.096
201806 25.814 99.200 29.327
201809 26.180 99.900 29.534
201812 26.432 99.700 29.878
201903 27.295 99.700 30.854
201906 27.942 99.800 31.554
201909 28.726 100.100 32.342
201912 28.664 100.500 32.144
202003 27.940 100.300 31.394
202006 27.763 99.900 31.320
202009 28.843 99.900 32.539
202012 30.207 99.300 34.283
202103 28.349 99.900 31.981
202106 28.188 99.500 31.928
202109 29.083 100.100 32.744
202112 28.434 100.100 32.013
202203 27.671 101.100 30.846
202206 24.674 101.800 27.316
202209 23.120 103.100 25.273
202212 24.185 104.100 26.183
202303 24.825 104.400 26.799
202306 23.733 105.200 25.425
202309 22.981 106.200 24.388
202312 23.847 106.800 25.164
202403 23.940 107.200 25.168
202406 0.000 108.200 0.000
202409 25.378 108.900 26.264
202412 24.028 110.700 24.462
202503 25.427 111.100 25.793
202506 26.031 111.700 26.264
202509 26.027 112.000 26.190
202512 25.244 113.000 25.177
202603 25.479 112.700 25.479

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 Light Metal Holdings Co (NPPMF) Overvalued in 2026?

Based on GuruFocus' analysis, Nippon Light Metal Holdings Co stock appears to be overvalued. The current stock price of $19.15 is trading 34.3% above its estimated GF Value™ of $14.26.

Key valuation signals for NPPMF:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: $14.26 vs. price of $19.15 (34.3% above fair value)
  • GF Score™: 75/100 with 3 warning signs

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


Nippon Light Metal Holdings Co Business Description

Other Exchanges 5703:JapanN9L:Germany
Address Tennozu Yusen Building, 2-2-20 Higashi-Shinagawa, Shinagawa-ku, Tokyo, JPN, 140-8628
Nippon Light Metal Holdings Co Ltd manufactures and sells alumina, aluminum, and fabricated products to customers worldwide. The company produces alloys, spark plug components, car suspension parts and aluminum sheets for the automotive industry and rolling stocks and truck cargo gates for the transportation industry. Nippon also manufactures other alloys, aluminum and alumina products for multiple end customers including the electrical, food, and construction industries. The company has operations throughout Asia as well as the United States and France.
75GF Score

Get the complete analysis for NPPMF

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

$19.15
Price
$14.26
GF Value