Nittetsu Mining Co (TSE:1515) Cyclically Adjusted PB Ratio: 2.26 (As of Aug. 18, 2026) — 283% Above Median

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TSE:1515 Nittetsu Mining Co Ltd TSE:1515
64 GF Score
Price 円3,510.00
GF Value 円1,446.10
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Nittetsu Mining Co Cyclically Adjusted PB Ratio?

Nittetsu Mining Co TSE:1515 +2.48% 64 Cyclically Adjusted PB Ratio is 2.26 as of Aug. 18, 2026, which is 283% above its 10-year median of 0.59. GuruFocus rates TSE:1515 with a GF Score™ of 64/100 and a GF Value™ of 円1,446.10 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,519 Metals & Mining companies, Nittetsu Mining Co ranks worse than 58.39% on this metric.

As of today (2026-08-18), Nittetsu Mining Co's current share price is 円3510.00. Nittetsu Mining Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円1,554.88. Nittetsu Mining Co's Cyclically Adjusted PB Ratio for today is 2.26.

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

TSE:1515' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.34   Med: 0.59   Max: 2.78
Current: 2.16

During the past years, Nittetsu Mining Co's highest Cyclically Adjusted PB Ratio was 2.78. The lowest was 0.34. And the median was 0.59.

TSE:1515's Cyclically Adjusted PB Ratio is ranked worse than
58.39% of 1519 companies
in the Metals & Mining industry
Industry Median: 1.52 vs TSE:1515: 2.16

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.

Nittetsu Mining Co's adjusted book value per share data for the three months ended in Mar. 2026 was 円1,999.263. 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1,554.88 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nittetsu Mining Co  (TSE:1515) 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.


Nittetsu Mining Co Cyclically Adjusted PB Ratio Related Terms


Nittetsu Mining Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Nittetsu Mining 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.

Nittetsu Mining Co Cyclically Adjusted PB Ratio Chart

Nittetsu Mining 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 0.60 0.56 0.73 0.90 1.60

Nittetsu Mining Co 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 1.00 1.32 1.45 1.60 0.00

TSE:1515 vs SCCO, FCX: Cyclically Adjusted PB Ratio Comparison

For the Copper subindustry, Nittetsu Mining 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.


Nittetsu Mining Co Cyclically Adjusted PB Ratio vs Metals & Mining Industry

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

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


TSE:1515
64GF Score
Nittetsu Mining Co Ltd TSE:1515
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nittetsu Mining 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.

Nittetsu Mining Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3510.00/1554.88
=2.26

* 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.

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

For example, Nittetsu Mining 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)
=1999.263/112.7000*112.7000
=1,999.263

Current CPI (Mar. 2026) = 112.7000.

Nittetsu Mining Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 1,063.068 98.100 1,221.282
201609 1,078.363 98.000 1,240.117
201612 1,139.941 98.400 1,305.603
201703 1,178.149 98.100 1,353.490
201706 1,196.679 98.500 1,369.195
201709 1,217.684 98.800 1,388.998
201712 1,258.733 99.400 1,427.155
201803 1,220.246 99.200 1,386.308
201806 1,224.657 99.200 1,391.319
201809 1,261.733 99.900 1,423.396
201812 1,233.899 99.700 1,394.789
201903 1,233.804 99.700 1,394.681
201906 1,232.891 99.800 1,392.253
201909 1,237.398 100.100 1,393.154
201912 1,268.647 100.500 1,422.652
202003 1,202.717 100.300 1,351.408
202006 1,227.994 99.900 1,385.335
202009 1,250.364 99.900 1,410.571
202012 1,289.597 99.300 1,463.621
202103 1,335.217 99.900 1,506.296
202106 1,366.062 99.500 1,547.288
202109 1,405.768 100.100 1,582.718
202112 1,404.830 100.100 1,581.662
202203 1,443.433 101.100 1,609.049
202206 1,465.985 101.800 1,622.952
202209 1,499.345 103.100 1,638.954
202212 1,525.071 104.100 1,651.061
202303 1,590.986 104.400 1,717.472
202306 1,598.367 105.200 1,712.319
202309 1,665.557 106.200 1,767.498
202312 1,661.353 106.800 1,753.132
202403 1,692.162 107.200 1,778.980
202406 0.000 108.200 0.000
202409 1,751.052 108.900 1,812.154
202412 1,768.208 110.700 1,800.154
202503 1,798.327 111.100 1,824.225
202506 1,800.564 111.700 1,816.684
202509 1,877.151 112.000 1,888.883
202512 1,919.372 113.000 1,914.276
202603 1,999.263 112.700 1,999.263

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 2.26 mean?
Nittetsu Mining Co (TSE:1515) has a Cyclically Adjusted PB Ratio of 2.26 as of Aug. 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 Nittetsu Mining Co and its competitors. This is 283% above median its historical median of 0.59. Over the past decade, Nittetsu Mining Co's Cyclically Adjusted PB Ratio has ranged from 0.34 to 2.78. According to the industry distribution chart, Nittetsu Mining Co ranks #887 out of 1519 companies in the Metals & Mining industry, placing it in the top 58.4%.
Is Nittetsu Mining Co's Cyclically Adjusted PB Ratio too high?
Nittetsu Mining Co's current Cyclically Adjusted PB Ratio of 2.26 is 283% above median its 10-year median of 0.59. Over the past 10 years, this metric has ranged from a low of 0.34 to a high of 2.78. The Metals & Mining industry median Cyclically Adjusted PB Ratio is 1.52. Nittetsu Mining Co's value of 2.26 is 48.7% above this industry median. Based on the distribution chart, Nittetsu Mining Co ranks #887 out of 1519 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Nittetsu Mining Co has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nittetsu Mining Co's Cyclically Adjusted PB Ratio compare to SCCO and FCX?
According to the Metals & Mining industry distribution chart, Nittetsu Mining Co ranks #887 out of 1519 companies for Cyclically Adjusted PB Ratio. This places Nittetsu Mining Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.52. Nittetsu Mining Co's value of 2.26 is 48.7% above this benchmark. Historically, Nittetsu Mining Co's own Cyclically Adjusted PB Ratio has ranged from 0.34 to 2.78 over the past decade. While the company's 10-year median is 0.59 vs. the industry median of 1.52, Nittetsu Mining 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 Metals & Mining company?
The median Cyclically Adjusted PB Ratio among Metals & Mining companies is 1.52, based on 1,519 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. Nittetsu Mining Co's current Cyclically Adjusted PB Ratio of 2.26 is 48.7% 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 Nittetsu Mining Co and its competitors. For the Metals & Mining industry, the median Cyclically Adjusted PB Ratio is 1.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nittetsu Mining Co's current Cyclically Adjusted PB Ratio is 2.26, which is 283% above median its own 10-year median of 0.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nittetsu Mining Co stock overvalued right now?
Based on GuruFocus' analysis, Nittetsu Mining Co (TSE:1515) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,446.10, compared to a current price of 円3,510.00 — trading 142.7% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.26, which is 283% above median its 10-year median of 0.59 and 48.7% above the Metals & Mining industry median of 1.52. Nittetsu Mining Co's overall GF Score™ is 64/100 with 3 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 Nittetsu Mining Co (TSE:1515), the current Cyclically Adjusted PB Ratio is 2.26 as of Aug. 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 Nittetsu Mining Co (TSE:1515) Overvalued in 2026?

Based on GuruFocus' analysis, Nittetsu Mining Co stock appears to be overvalued. The current stock price of 円3,510.00 is trading 142.7% above its estimated GF Value™ of 円1,446.10. GuruFocus considers Nittetsu Mining Co to be Significantly Overvalued.

Key valuation signals for TSE:1515:

  • Cyclically Adjusted PB Ratio: 2.26 (283% above median its 10-year median of 0.59)
  • GF Value™: 円1,446.10 vs. price of 円3,510.00 (142.7% above fair value)
  • GF Score™: 64/100 with 3 warning signs
  • Industry Position: 48.7% above the Metals & Mining median (#887 of 1519)

No single metric tells the full story. See the TSE:1515 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nittetsu Mining Co Business Description

Other Exchanges 7GI:Germany
Address Yusen Building 3-2, Marunouchi 2-chome, Chiyoda-ku, Tokyo, JPN, 100-8377
Nittetsu Mining Co Ltd is a Japanese mining company that deals in both metal and non-metal mineral resources. The company comprises the following main business segments - Non-Metallic Minerals, Metallic Minerals, Machinery and Environmental Engineering, Real Estate, and Renewable Energy. The company also involved in the purchasing and distribution of coal and petroleum products, machinery and environment-related products.
64GF Score

Get the complete analysis for TSE:1515

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

円3,510.00
Price
円1,446.10
GF Value