NPPSF (Nippon Sharyo) Cyclically Adjusted PB Ratio: 0.75 (As of Jul. 11, 2026) — Near Median


NPPSF Nippon Sharyo Ltd NPPSF
58 GF Score
Price $21.04
GF Value $20.71
Valuation Fairly Valued
! 2 Warning Signs
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What is Nippon Sharyo Cyclically Adjusted PB Ratio?

Nippon Sharyo NPPSF 58 Cyclically Adjusted PB Ratio is 0.75 as of Jul. 11, 2026, which is 4% below its 10-year median of 0.78. GuruFocus rates NPPSF with a GF Score™ of 58/100 and a GF Value™ of $20.71 (Fairly Valued). The stock has 2 warning signs investors should review. Among 738 Transportation companies, Nippon Sharyo ranks better than 59.35% on this metric.

As of today (2026-07-11), Nippon Sharyo's current share price is $21.04. Nippon Sharyo's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $27.88. Nippon Sharyo's Cyclically Adjusted PB Ratio for today is 0.75.

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

NPPSF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.62   Med: 0.78   Max: 1.33
Current: 1.03

During the past years, Nippon Sharyo's highest Cyclically Adjusted PB Ratio was 1.33. The lowest was 0.62. And the median was 0.78.

NPPSF's Cyclically Adjusted PB Ratio is ranked better than
59.35% of 738 companies
in the Transportation industry
Industry Median: 1.25 vs NPPSF: 1.03

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 Sharyo's adjusted book value per share data for the three months ended in Mar. 2026 was $35.921. 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 $27.88 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nippon Sharyo  (OTCPK:NPPSF) 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 Sharyo Cyclically Adjusted PB Ratio Related Terms


Nippon Sharyo Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Nippon Sharyo'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 Sharyo Cyclically Adjusted PB Ratio Chart

Nippon Sharyo 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 0.73 0.67 0.79 0.66 1.04

Nippon Sharyo 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 0.66 0.66 0.91 1.17 1.04

NPPSF vs UNP, CSX, NSC: Cyclically Adjusted PB Ratio Comparison

For the Railroads subindustry, Nippon Sharyo'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 Sharyo Cyclically Adjusted PB Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, Nippon Sharyo's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


NPPSF
58GF Score
Nippon Sharyo Ltd NPPSF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nippon Sharyo 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 Sharyo's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=21.04/27.88
=0.75

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

For example, Nippon Sharyo'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)
=35.921/112.7000*112.7000
=35.921

Current CPI (Mar. 2026) = 112.7000.

Nippon Sharyo Quarterly Data

Book Value per Share CPI Adj_Book
201606 21.517 98.100 24.719
201609 19.274 98.000 22.165
201612 17.577 98.400 20.131
201703 17.189 98.100 19.747
201706 22.335 98.500 25.555
201709 8.030 98.800 9.160
201712 13.583 99.400 15.400
201803 13.622 99.200 15.476
201806 14.510 99.200 16.485
201809 16.021 99.900 18.074
201812 16.361 99.700 18.494
201903 20.151 99.700 22.779
201906 21.336 99.800 24.094
201909 22.660 100.100 25.512
201912 22.781 100.500 25.546
202003 22.120 100.300 24.855
202006 23.350 99.900 26.342
202009 24.216 99.900 27.319
202012 26.517 99.300 30.095
202103 28.778 99.900 32.465
202106 28.589 99.500 32.382
202109 29.313 100.100 33.003
202112 28.110 100.100 31.648
202203 27.971 101.100 31.180
202206 25.294 101.800 28.002
202209 23.672 103.100 25.876
202212 25.289 104.100 27.378
202303 26.419 104.400 28.519
202306 26.579 105.200 28.474
202309 25.912 106.200 27.498
202312 27.472 106.800 28.990
202403 28.781 107.200 30.258
202406 0.000 108.200 0.000
202409 30.254 108.900 31.310
202412 28.508 110.700 29.023
202503 30.056 111.100 30.489
202506 31.579 111.700 31.862
202509 33.184 112.000 33.391
202512 32.619 113.000 32.532
202603 35.921 112.700 35.921

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 0.75 mean?
Nippon Sharyo (NPPSF) has a Cyclically Adjusted PB Ratio of 0.75 as of Jul. 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 Nippon Sharyo and its competitors. This is near median its historical median of 0.78. Over the past decade, Nippon Sharyo's Cyclically Adjusted PB Ratio has ranged from 0.62 to 1.33. According to the industry distribution chart, Nippon Sharyo ranks #300 out of 738 companies in the Transportation industry, placing it in the top 40.7%.
Is Nippon Sharyo's Cyclically Adjusted PB Ratio too high?
Nippon Sharyo's current Cyclically Adjusted PB Ratio of 0.75 is near median its 10-year median of 0.78. Over the past 10 years, this metric has ranged from a low of 0.62 to a high of 1.33. The Transportation industry median Cyclically Adjusted PB Ratio is 1.25. Nippon Sharyo's value of 0.75 is 40% below this industry median. Based on the distribution chart, Nippon Sharyo ranks #300 out of 738 companies in the Transportation industry, which is above the industry midpoint. Overall, Nippon Sharyo has a GF Score™ of 58/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nippon Sharyo's Cyclically Adjusted PB Ratio compare to UNP and CSX?
According to the Transportation industry distribution chart, Nippon Sharyo ranks #300 out of 738 companies for Cyclically Adjusted PB Ratio. This puts Nippon Sharyo in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.25. Nippon Sharyo's value of 0.75 is 40% below this benchmark. Historically, Nippon Sharyo's own Cyclically Adjusted PB Ratio has ranged from 0.62 to 1.33 over the past decade. While the company's 10-year median is 0.78 vs. the industry median of 1.25, Nippon Sharyo 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 Transportation company?
The median Cyclically Adjusted PB Ratio among Transportation companies is 1.25, based on 738 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 Sharyo's current Cyclically Adjusted PB Ratio of 0.75 is 40% 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 Sharyo and its competitors. For the Transportation industry, the median Cyclically Adjusted PB Ratio is 1.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nippon Sharyo's current Cyclically Adjusted PB Ratio is 0.75, which is near median its own 10-year median of 0.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon Sharyo stock overvalued right now?
Based on GuruFocus' analysis, Nippon Sharyo (NPPSF) is currently considered Fairly Valued. The stock's GF Value™ is $20.71, compared to a current price of $21.04 — trading 1.6% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.75, which is near median its 10-year median of 0.78 and 40% below the Transportation industry median of 1.25. Nippon Sharyo's overall GF Score™ is 58/100 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 Nippon Sharyo (NPPSF), the current Cyclically Adjusted PB Ratio is 0.75 as of Jul. 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 Nippon Sharyo (NPPSF) Overvalued in 2026?

Based on GuruFocus' analysis, Nippon Sharyo stock appears to be overvalued. The current stock price of $21.04 is trading 1.6% above its estimated GF Value™ of $20.71. GuruFocus considers Nippon Sharyo to be Fairly Valued.

Key valuation signals for NPPSF:

  • Cyclically Adjusted PB Ratio: 0.75 (near median its 10-year median of 0.78)
  • GF Value™: $20.71 vs. price of $21.04 (1.6% above fair value)
  • GF Score™: 58/100 with 2 warning signs
  • Industry Position: 40% below the Transportation median (#300 of 738)

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


Nippon Sharyo Business Description

Other Exchanges 7102:Japan
Address 1-1,Sanbonmatsu-cho, Atsuta-ku, Nagoya, JPN, 456-8691
Nippon Sharyo Ltd is a Japan-based company engaged in the manufacture of railway rolling stock. The company operates through three segments. Its Railway rolling stock segment consists of manufacture and sales of rolling stock. The Transportation equipment and steel structure segment include production and trade of transportation equipment such as freight cars, tank trucks, heavy-duty industrial vehicles, and roadway and railway bridges. Its Construction equipment segment comprises of pile driving rigs, crawler cranes, casing rotators, portable diesel generator sets and emergency generators.
58GF Score

Get the complete analysis for NPPSF

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

$21.04
Price
$20.71
GF Value