Nissin Foods Holdings Co (STU:NF2) Cyclically Adjusted PB Ratio: 2.01 (As of Jul. 18, 2026) — 25% Below Median

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STU:NF2 Nissin Foods Holdings Co Ltd STU:NF2
77 GF Score
Price €16.10
GF Value €23.40
Valuation Significantly Undervalued
! 4 Warning Signs
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What is Nissin Foods Holdings Co Cyclically Adjusted PB Ratio?

Nissin Foods Holdings Co STU:NF2 +6.62% 77 Cyclically Adjusted PB Ratio is 2.01 as of Jul. 18, 2026, which is 25% below its 10-year median of 2.67. GuruFocus rates STU:NF2 with a GF Score™ of 77/100 and a GF Value™ of €23.40 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 1,446 Consumer Packaged Goods companies, Nissin Foods Holdings Co ranks worse than 65.28% on this metric.

As of today (2026-07-18), Nissin Foods Holdings Co's current share price is €16.10. Nissin Foods Holdings Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €8.00. Nissin Foods Holdings Co's Cyclically Adjusted PB Ratio for today is 2.01.

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

STU:NF2' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.8   Med: 2.67   Max: 4.09
Current: 2.06

During the past years, Nissin Foods Holdings Co's highest Cyclically Adjusted PB Ratio was 4.09. The lowest was 1.80. And the median was 2.67.

STU:NF2's Cyclically Adjusted PB Ratio is ranked worse than
65.28% of 1446 companies
in the Consumer Packaged Goods industry
Industry Median: 1.255 vs STU:NF2: 2.06

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.

Nissin Foods Holdings Co's adjusted book value per share data for the three months ended in Mar. 2026 was €9.821. 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 €8.00 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nissin Foods Holdings Co  (STU:NF2) 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.


Nissin Foods Holdings Co Cyclically Adjusted PB Ratio Related Terms


Nissin Foods Holdings Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Nissin Foods 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.

Nissin Foods Holdings Co Cyclically Adjusted PB Ratio Chart

Nissin Foods 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 2.56 3.38 3.28 2.23 2.10

Nissin Foods 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 2.23 2.16 1.99 2.05 2.10

STU:NF2 vs KHC, GIS: Cyclically Adjusted PB Ratio Comparison

For the Packaged Foods subindustry, Nissin Foods 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.


Nissin Foods Holdings Co Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Nissin Foods Holdings Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


STU:NF2
77GF Score
Nissin Foods Holdings Co Ltd STU:NF2
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nissin Foods 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.

Nissin Foods Holdings Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=16.10/8.00
=2.01

* 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.

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

For example, Nissin Foods 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)
=9.821/112.7000*112.7000
=9.821

Current CPI (Mar. 2026) = 112.7000.

Nissin Foods Holdings Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 9.094 98.100 10.447
201609 9.215 98.000 10.597
201612 8.485 98.400 9.718
201703 9.087 98.100 10.439
201706 8.882 98.500 10.162
201709 8.684 98.800 9.906
201712 8.785 99.400 9.960
201803 8.073 99.200 9.172
201806 9.284 99.200 10.547
201809 9.377 99.900 10.578
201812 9.443 99.700 10.674
201903 8.327 99.700 9.413
201906 8.356 99.800 9.436
201909 8.762 100.100 9.865
201912 8.901 100.500 9.982
202003 8.822 100.300 9.913
202006 9.083 99.900 10.247
202009 9.283 99.900 10.472
202012 9.366 99.300 10.630
202103 9.496 99.900 10.713
202106 9.270 99.500 10.500
202109 9.680 100.100 10.898
202112 9.867 100.100 11.109
202203 10.158 101.100 11.324
202206 9.592 101.800 10.619
202209 10.020 103.100 10.953
202212 9.866 104.100 10.681
202303 9.892 104.400 10.678
202306 9.759 105.200 10.455
202309 10.058 106.200 10.674
202312 10.053 106.800 10.608
202403 9.960 107.200 10.471
202406 9.611 108.200 10.011
202409 10.238 108.900 10.595
202412 10.038 110.700 10.219
202503 10.043 111.100 10.188
202506 9.649 111.700 9.735
202509 9.670 112.000 9.730
202512 9.477 113.000 9.452
202603 9.821 112.700 9.821

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 2.01 mean?
Nissin Foods Holdings Co (STU:NF2) has a Cyclically Adjusted PB Ratio of 2.01 as of Jul. 18, 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 Nissin Foods Holdings Co and its competitors. This is 25% below median its historical median of 2.67. Over the past decade, Nissin Foods Holdings Co's Cyclically Adjusted PB Ratio has ranged from 1.80 to 4.09. According to the industry distribution chart, Nissin Foods Holdings Co ranks #944 out of 1446 companies in the Consumer Packaged Goods industry, placing it in the top 65.3%.
Is Nissin Foods Holdings Co's Cyclically Adjusted PB Ratio too high?
Nissin Foods Holdings Co's current Cyclically Adjusted PB Ratio of 2.01 is 25% below median its 10-year median of 2.67. Over the past 10 years, this metric has ranged from a low of 1.80 to a high of 4.09. The Consumer Packaged Goods industry median Cyclically Adjusted PB Ratio is 1.26. Nissin Foods Holdings Co's value of 2.01 is 60.2% above this industry median. Based on the distribution chart, Nissin Foods Holdings Co ranks #944 out of 1446 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Nissin Foods Holdings Co has a GF Score™ of 77/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nissin Foods Holdings Co's Cyclically Adjusted PB Ratio compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Nissin Foods Holdings Co ranks #944 out of 1446 companies for Cyclically Adjusted PB Ratio. This places Nissin Foods Holdings Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.26. Nissin Foods Holdings Co's value of 2.01 is 60.2% above this benchmark. Historically, Nissin Foods Holdings Co's own Cyclically Adjusted PB Ratio has ranged from 1.80 to 4.09 over the past decade. While the company's 10-year median is 2.67 vs. the industry median of 1.26, Nissin Foods Holdings Co 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 Consumer Packaged Goods company?
The median Cyclically Adjusted PB Ratio among Consumer Packaged Goods companies is 1.26, based on 1,446 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. Nissin Foods Holdings Co's current Cyclically Adjusted PB Ratio of 2.01 is 60.2% 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 Nissin Foods Holdings Co and its competitors. For the Consumer Packaged Goods industry, the median Cyclically Adjusted PB Ratio is 1.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nissin Foods Holdings Co's current Cyclically Adjusted PB Ratio is 2.01, which is 25% below median its own 10-year median of 2.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nissin Foods Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Nissin Foods Holdings Co (STU:NF2) is currently considered Significantly Undervalued. The stock's GF Value™ is €23.40, compared to a current price of €16.10 — trading 31.2% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.01, which is 25% below median its 10-year median of 2.67 and 60.2% above the Consumer Packaged Goods industry median of 1.26. Nissin Foods Holdings Co's overall GF Score™ is 77/100 with 4 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 Nissin Foods Holdings Co (STU:NF2), the current Cyclically Adjusted PB Ratio is 2.01 as of Jul. 18, 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 Nissin Foods Holdings Co (STU:NF2) Overvalued in 2026?

Based on GuruFocus' analysis, Nissin Foods Holdings Co stock appears to be undervalued. The current stock price of €16.10 is trading 31.2% below its estimated GF Value™ of €23.40. GuruFocus considers Nissin Foods Holdings Co to be Significantly Undervalued.

Key valuation signals for STU:NF2:

  • Cyclically Adjusted PB Ratio: 2.01 (25% below median its 10-year median of 2.67)
  • GF Value™: €23.40 vs. price of €16.10 (31.2% below fair value)
  • GF Score™: 77/100 with 4 warning signs
  • Industry Position: 60.2% above the Consumer Packaged Goods median (#944 of 1446)

No single metric tells the full story. See the STU:NF2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nissin Foods Holdings Co Business Description

Other Exchanges NFPDF:USA2897:Japan
Address 28-1, 6-chome, Shinjuku-ku, Tokyo, JPN, 160-8524
Nissin Foods is Japan's largest instant noodle manufacturer and was the first in the world to invent and launch instant noodles. It also invented the first instant noodle product in cup containers. Cup Noodles is its global brand, marketed in Asia, the Americas, and Europe. Instant noodles account for more than three fourths of group sales and 80% of operating profits, while Japan remains the key contributor, representing roughly 75% of group sales and 85% of profits. Other products include frozen/chilled noodles, confectionery, and lactic acid drinks.
77GF Score

Get the complete analysis for STU:NF2

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

€16.10
Price
€23.40
GF Value