Nissui (TSE:1332) Cyclically Adjusted PB Ratio: 1.90 (As of Aug. 10, 2026) — 12% Above Median

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TSE:1332 Nissui Corp TSE:1332
69 GF Score
Price 円1,250.50
GF Value 円1,041.17
Valuation Modestly Overvalued
! 1 Warning Sign
View Full Analysis

What is Nissui Cyclically Adjusted PB Ratio?

Nissui TSE:1332 +0.24% 69 Cyclically Adjusted PB Ratio is 1.90 as of Aug. 10, 2026, which is 12% above its 10-year median of 1.70. GuruFocus rates TSE:1332 with a GF Score™ of 69/100 and a GF Value™ of 円1,041.17 (Modestly Overvalued). The stock has 1 warning sign investors should review. Among 1,407 Consumer Packaged Goods companies, Nissui ranks worse than 64.82% on this metric.

As of today (2026-08-10), Nissui's current share price is 円1250.50. Nissui's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円657.92. Nissui's Cyclically Adjusted PB Ratio for today is 1.90.

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

TSE:1332' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.18   Med: 1.7   Max: 2.97
Current: 1.9

During the past years, Nissui's highest Cyclically Adjusted PB Ratio was 2.97. The lowest was 1.18. And the median was 1.70.

TSE:1332's Cyclically Adjusted PB Ratio is ranked worse than
64.82% of 1407 companies
in the Consumer Packaged Goods industry
Industry Median: 1.26 vs TSE:1332: 1.90

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.

Nissui's adjusted book value per share data for the three months ended in Mar. 2026 was 円989.607. 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 円657.92 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nissui  (TSE:1332) 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.


Nissui Cyclically Adjusted PB Ratio Related Terms


Nissui Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Nissui'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.

Nissui Cyclically Adjusted PB Ratio Chart

Nissui 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 1.40 1.19 1.87 1.52 2.04

Nissui 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 1.44 1.67 1.77 2.04 0.00

TSE:1332 vs KHC, GIS: Cyclically Adjusted PB Ratio Comparison

For the Packaged Foods subindustry, Nissui'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.


Nissui Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

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

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


TSE:1332
69GF Score
Nissui Corp TSE:1332
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nissui 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.

Nissui's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1250.50/657.92
=1.90

* 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.

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

For example, Nissui'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)
=989.607/112.7000*112.7000
=989.607

Current CPI (Mar. 2026) = 112.7000.

Nissui Quarterly Data

Book Value per Share CPI Adj_Book
201606 306.861 98.100 352.530
201609 316.227 98.000 363.661
201612 363.915 98.400 416.801
201703 388.372 98.100 446.173
201706 400.661 98.500 458.421
201709 418.229 98.800 477.069
201712 448.718 99.400 508.758
201803 442.123 99.200 502.291
201806 450.146 99.200 511.406
201809 465.309 99.900 524.928
201812 481.256 99.700 544.008
201903 470.274 99.700 531.594
201906 478.020 99.800 539.808
201909 481.790 100.100 542.435
201912 497.281 100.500 557.647
202003 492.224 100.300 553.077
202006 492.320 99.900 555.400
202009 510.148 99.900 575.512
202012 529.673 99.300 601.150
202103 544.544 99.900 614.315
202106 566.891 99.500 642.097
202109 590.350 100.100 664.660
202112 598.212 100.100 673.511
202203 609.817 101.100 679.786
202206 638.005 101.800 706.318
202209 689.695 103.100 753.915
202212 704.748 104.100 762.969
202303 696.716 104.400 752.106
202306 720.508 105.200 771.875
202309 767.464 106.200 814.437
202312 794.956 106.800 838.872
202403 801.699 107.200 842.831
202406 827.021 108.200 861.417
202409 870.117 108.900 900.479
202412 842.120 110.700 857.334
202503 891.308 111.100 904.144
202506 871.647 111.700 879.450
202509 904.396 112.000 910.048
202512 936.404 113.000 933.918
202603 989.607 112.700 989.607

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 1.90 mean?
Nissui (TSE:1332) has a Cyclically Adjusted PB Ratio of 1.90 as of Aug. 10, 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 Nissui and its competitors. This is 12% above median its historical median of 1.70. Over the past decade, Nissui's Cyclically Adjusted PB Ratio has ranged from 1.18 to 2.97. According to the industry distribution chart, Nissui ranks #912 out of 1407 companies in the Consumer Packaged Goods industry, placing it in the top 64.8%.
Is Nissui's Cyclically Adjusted PB Ratio too high?
Nissui's current Cyclically Adjusted PB Ratio of 1.90 is 12% above median its 10-year median of 1.70. Over the past 10 years, this metric has ranged from a low of 1.18 to a high of 2.97. The Consumer Packaged Goods industry median Cyclically Adjusted PB Ratio is 1.26. Nissui's value of 1.90 is 50.8% above this industry median. Based on the distribution chart, Nissui ranks #912 out of 1407 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Nissui has a GF Score™ of 69/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nissui's Cyclically Adjusted PB Ratio compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Nissui ranks #912 out of 1407 companies for Cyclically Adjusted PB Ratio. This places Nissui in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.26. Nissui's value of 1.90 is 50.8% above this benchmark. Historically, Nissui's own Cyclically Adjusted PB Ratio has ranged from 1.18 to 2.97 over the past decade. While the company's 10-year median is 1.70 vs. the industry median of 1.26, Nissui 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 1,407 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. Nissui's current Cyclically Adjusted PB Ratio of 1.90 is 50.8% 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 Nissui 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. Nissui's current Cyclically Adjusted PB Ratio is 1.90, which is 12% above median its own 10-year median of 1.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nissui stock overvalued right now?
Based on GuruFocus' analysis, Nissui (TSE:1332) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,041.17, compared to a current price of 円1,250.50 — trading 20.1% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.90, which is 12% above median its 10-year median of 1.70 and 50.8% above the Consumer Packaged Goods industry median of 1.26. Nissui's overall GF Score™ is 69/100 with 1 warning sign 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 Nissui (TSE:1332), the current Cyclically Adjusted PB Ratio is 1.90 as of Aug. 10, 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 Nissui (TSE:1332) Overvalued in 2026?

Based on GuruFocus' analysis, Nissui stock appears to be overvalued. The current stock price of 円1,250.50 is trading 20.1% above its estimated GF Value™ of 円1,041.17. GuruFocus considers Nissui to be Modestly Overvalued.

Key valuation signals for TSE:1332:

  • Cyclically Adjusted PB Ratio: 1.90 (12% above median its 10-year median of 1.70)
  • GF Value™: 円1,041.17 vs. price of 円1,250.50 (20.1% above fair value)
  • GF Score™: 69/100 with 1 warning sign
  • Industry Position: 50.8% above the Consumer Packaged Goods median (#912 of 1407)

No single metric tells the full story. See the TSE:1332 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nissui Business Description

Other Exchanges 71N:Germany
Address 1-3-1 Nishi-Shinbashi, Nishi-Shinbashi Square, Minato-ku, Tokyo, JPN, 105-8676
Nissui Corp mainly operates in the marine and food product businesses. The company divides its business activities into four segments: the marine products segment, which is engaged in the fishing, processing, and sale of marine products; the food segment, which produces and sells processed food products; the fine segment, which consists of the manufacture and sale of generic pharmaceuticals and health food; and the logistics segment, which is engaged in the cold storage of marine products and cargo transportation. The company also provides construction and repair of ships, marine transportation, and engineering services, and it operates in cosmetics business through its subsidiary. It generates the majority of its revenue from the food segment.
69GF Score

Get the complete analysis for TSE:1332

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

円1,250.50
Price
円1,041.17
GF Value