Nisshinbo Holdings (STU:NBO) Cyclically Adjusted PB Ratio: 1.29 (As of Jul. 27, 2026) — 87% Above Median

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STU:NBO Nisshinbo Holdings Inc STU:NBO
65 GF Score
Price €11.90
GF Value €5.67
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Nisshinbo Holdings Cyclically Adjusted PB Ratio?

Nisshinbo Holdings STU:NBO -1.65% 65 Cyclically Adjusted PB Ratio is 1.29 as of Jul. 27, 2026, which is 87% above its 10-year median of 0.69. GuruFocus rates STU:NBO with a GF Score™ of 65/100 and a GF Value™ of €5.67 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 474 Conglomerates companies, Nisshinbo Holdings ranks worse than 56.96% on this metric.

As of today (2026-07-27), Nisshinbo Holdings's current share price is €11.90. Nisshinbo Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was €9.24. Nisshinbo Holdings's Cyclically Adjusted PB Ratio for today is 1.29.

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

STU:NBO' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.45   Med: 0.69   Max: 1.43
Current: 1.3

During the past years, Nisshinbo Holdings's highest Cyclically Adjusted PB Ratio was 1.43. The lowest was 0.45. And the median was 0.69.

STU:NBO's Cyclically Adjusted PB Ratio is ranked worse than
56.96% of 474 companies
in the Conglomerates industry
Industry Median: 1.02 vs STU:NBO: 1.30

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.

Nisshinbo Holdings's adjusted book value per share data for the three months ended in Dec. 2025 was €10.075. 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 €9.24 for the trailing ten years ended in Dec. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nisshinbo Holdings  (STU:NBO) 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.


Nisshinbo Holdings Cyclically Adjusted PB Ratio Related Terms


Nisshinbo Holdings Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Nisshinbo Holdings'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.

Nisshinbo Holdings Cyclically Adjusted PB Ratio Chart

Nisshinbo Holdings Annual Data
Trend Mar16 Mar17 Mar18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.61 0.62 0.70 0.53 0.76

Nisshinbo Holdings 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 0.53 0.54 0.66 0.76 0.00

STU:NBO vs MMM, HON: Cyclically Adjusted PB Ratio Comparison

For the Conglomerates subindustry, Nisshinbo Holdings'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.


Nisshinbo Holdings Cyclically Adjusted PB Ratio vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Nisshinbo Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


STU:NBO
65GF Score
Nisshinbo Holdings Inc STU:NBO
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nisshinbo Holdings 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.

Nisshinbo Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=11.90/9.24
=1.29

* 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.

Nisshinbo Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 is calculated as:

For example, Nisshinbo Holdings's adjusted Book Value per Share data for the three months ended in Dec. 2025 was:

Adj_Book=Book Value per Share/CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=10.075/113.0000*113.0000
=10.075

Current CPI (Dec. 2025) = 113.0000.

Nisshinbo Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201603 11.715 97.900 13.522
201606 11.762 98.100 13.548
201609 11.960 98.000 13.791
201612 11.496 98.400 13.202
201703 11.973 98.100 13.792
201706 12.306 98.500 14.118
201709 11.841 98.800 13.543
201712 12.183 99.400 13.850
201803 12.697 99.200 14.463
201806 12.678 99.200 14.442
201809 12.796 99.900 14.474
201812 11.424 99.700 12.948
201903 11.894 99.700 13.481
201906 11.865 99.800 13.434
201909 12.098 100.100 13.657
201912 11.816 100.500 13.286
202003 11.660 100.300 13.136
202006 11.355 99.900 12.844
202009 10.851 99.900 12.274
202012 10.898 99.300 12.402
202103 11.423 99.900 12.921
202106 11.308 99.500 12.842
202109 11.346 100.100 12.808
202112 12.103 100.100 13.663
202203 13.412 101.100 14.991
202206 11.924 101.800 13.236
202209 11.993 103.100 13.145
202212 11.755 104.100 12.760
202303 12.221 104.400 13.228
202306 11.725 105.200 12.594
202309 10.208 106.200 10.862
202312 10.160 106.800 10.750
202403 10.361 107.200 10.922
202406 10.168 108.200 10.619
202409 9.994 108.900 10.370
202412 10.658 110.700 10.879
202503 10.790 111.100 10.975
202506 10.252 111.700 10.371
202509 10.045 112.000 10.135
202512 10.075 113.000 10.075

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 1.29 mean?
Nisshinbo Holdings (STU:NBO) has a Cyclically Adjusted PB Ratio of 1.29 as of Jul. 27, 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 Nisshinbo Holdings and its competitors. This is 87% above median its historical median of 0.69. Over the past decade, Nisshinbo Holdings' Cyclically Adjusted PB Ratio has ranged from 0.45 to 1.43. According to the industry distribution chart, Nisshinbo Holdings ranks #270 out of 474 companies in the Conglomerates industry, placing it in the top 57%.
Is Nisshinbo Holdings' Cyclically Adjusted PB Ratio too high?
Nisshinbo Holdings' current Cyclically Adjusted PB Ratio of 1.29 is 87% above median its 10-year median of 0.69. Over the past 10 years, this metric has ranged from a low of 0.45 to a high of 1.43. The Conglomerates industry median Cyclically Adjusted PB Ratio is 1.02. Nisshinbo Holdings' value of 1.29 is 26.5% above this industry median. Based on the distribution chart, Nisshinbo Holdings ranks #270 out of 474 companies in the Conglomerates industry, which is below the industry midpoint. Overall, Nisshinbo Holdings has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nisshinbo Holdings' Cyclically Adjusted PB Ratio compare to MMM and HON?
According to the Conglomerates industry distribution chart, Nisshinbo Holdings ranks #270 out of 474 companies for Cyclically Adjusted PB Ratio. This places Nisshinbo Holdings in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.02. Nisshinbo Holdings' value of 1.29 is 26.5% above this benchmark. Historically, Nisshinbo Holdings' own Cyclically Adjusted PB Ratio has ranged from 0.45 to 1.43 over the past decade. While the company's 10-year median is 0.69 vs. the industry median of 1.02, Nisshinbo Holdings has consistently been above 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 Conglomerates company?
The median Cyclically Adjusted PB Ratio among Conglomerates companies is 1.02, based on 474 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. Nisshinbo Holdings's current Cyclically Adjusted PB Ratio of 1.29 is 26.5% above 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 Nisshinbo Holdings and its competitors. For the Conglomerates industry, the median Cyclically Adjusted PB Ratio is 1.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nisshinbo Holdings's current Cyclically Adjusted PB Ratio is 1.29, which is 87% above median its own 10-year median of 0.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nisshinbo Holdings stock overvalued right now?
Based on GuruFocus' analysis, Nisshinbo Holdings (STU:NBO) is currently considered Significantly Overvalued. The stock's GF Value™ is €5.67, compared to a current price of €11.90 — trading 109.9% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.29, which is 87% above median its 10-year median of 0.69 and 26.5% above the Conglomerates industry median of 1.02. Nisshinbo Holdings' overall GF Score™ is 65/100 with 7 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 Nisshinbo Holdings (STU:NBO), the current Cyclically Adjusted PB Ratio is 1.29 as of Jul. 27, 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 Nisshinbo Holdings (STU:NBO) Overvalued in 2026?

Based on GuruFocus' analysis, Nisshinbo Holdings stock appears to be overvalued. The current stock price of €11.90 is trading 109.9% above its estimated GF Value™ of €5.67. GuruFocus considers Nisshinbo Holdings to be Significantly Overvalued.

Key valuation signals for STU:NBO:

  • Cyclically Adjusted PB Ratio: 1.29 (87% above median its 10-year median of 0.69)
  • GF Value™: €5.67 vs. price of €11.90 (109.9% above fair value)
  • GF Score™: 65/100 with 7 warning signs
  • Industry Position: 26.5% above the Conglomerates median (#270 of 474)

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


Nisshinbo Holdings Business Description

Address 2-31-11, Ningyo-cho, Nihonbashi, Chuo-ku, Tokyo, JPN, 103-8650
Nisshinbo Holdings Inc is a Japan-based company that is mainly engaged in electronics, automobile brakes, textiles, paper, and precision instrument businesses. The company's electronics business provides shipping navigation technology, network equipment, microwave-related products, semiconductor devices, and others. The automobile brake business manufactures friction materials and assembly products. The textile business mainly manufactures non-iron shirts, non-woven fabrics, and spandex. The paper business mainly manufactures household paper, specialty paper, and processed paper products. The precision instrument business produces plastic molding parts, precision parts, and others.
65GF Score

Get the complete analysis for STU:NBO

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

€11.90
Price
€5.67
GF Value