Nakabohtec Corrosion Protecting Co (TSE:1787) Cyclically Adjusted PB Ratio: 1.88 (As of Aug. 12, 2026) — 18% Above Median

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TSE:1787 Nakabohtec Corrosion Protecting Co Ltd TSE:1787
70 GF Score
Price 円5,950.00
GF Value 円5,393.88
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Nakabohtec Corrosion Protecting Co Cyclically Adjusted PB Ratio?

Nakabohtec Corrosion Protecting Co TSE:1787 -1.16% 70 Cyclically Adjusted PB Ratio is 1.88 as of Aug. 12, 2026, which is 18% above its 10-year median of 1.59. GuruFocus rates TSE:1787 with a GF Score™ of 70/100 and a GF Value™ of 円5,393.88 (Fairly Valued). The stock has 3 warning signs investors should review. Among 2,234 Industrial Products companies, Nakabohtec Corrosion Protecting Co ranks better than 55.51% on this metric.

As of today (2026-08-12), Nakabohtec Corrosion Protecting Co's current share price is 円5950.00. Nakabohtec Corrosion Protecting Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円3,164.79. Nakabohtec Corrosion Protecting Co's Cyclically Adjusted PB Ratio for today is 1.88.

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

TSE:1787' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.05   Med: 1.59   Max: 2.47
Current: 1.9

During the past years, Nakabohtec Corrosion Protecting Co's highest Cyclically Adjusted PB Ratio was 2.47. The lowest was 1.05. And the median was 1.59.

TSE:1787's Cyclically Adjusted PB Ratio is ranked better than
55.51% of 2234 companies
in the Industrial Products industry
Industry Median: 2.185 vs TSE:1787: 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.

Nakabohtec Corrosion Protecting Co's adjusted book value per share data for the three months ended in Mar. 2026 was 円3,819.733. 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3,164.79 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nakabohtec Corrosion Protecting Co  (TSE:1787) 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.


Nakabohtec Corrosion Protecting Co Cyclically Adjusted PB Ratio Related Terms


Nakabohtec Corrosion Protecting Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Nakabohtec Corrosion Protecting 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.

Nakabohtec Corrosion Protecting Co Cyclically Adjusted PB Ratio Chart

Nakabohtec Corrosion Protecting 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 1.92 1.82 1.71 1.64 1.95

Nakabohtec Corrosion Protecting Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 1.64 1.68 1.69 1.76 1.95

TSE:1787 vs CRS, ATI, MLI: Cyclically Adjusted PB Ratio Comparison

For the Metal Fabrication subindustry, Nakabohtec Corrosion Protecting 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.


Nakabohtec Corrosion Protecting Co Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Nakabohtec Corrosion Protecting Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Nakabohtec Corrosion Protecting Co's Cyclically Adjusted PB Ratio falls into.


TSE:1787
70GF Score
Nakabohtec Corrosion Protecting Co Ltd TSE:1787
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nakabohtec Corrosion Protecting 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.

Nakabohtec Corrosion Protecting Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=5950.00/3164.79
=1.88

* 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.

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

For example, Nakabohtec Corrosion Protecting 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)
=3819.733/112.7000*112.7000
=3,819.733

Current CPI (Mar. 2026) = 112.7000.

Nakabohtec Corrosion Protecting Co Quarterly Data

Book Value per Share CPI Adj_Book
201603 2,624.889 97.900 3,021.706
201606 2,438.383 98.100 2,801.282
201609 2,482.681 98.000 2,855.083
201612 2,550.208 98.400 2,920.817
201703 2,753.005 98.100 3,162.728
201706 2,591.232 98.500 2,964.790
201709 2,612.852 98.800 2,980.450
201712 2,632.079 99.400 2,984.259
201803 2,784.025 99.200 3,162.899
201806 2,568.454 99.200 2,917.992
201809 2,598.319 99.900 2,931.237
201812 2,627.448 99.700 2,970.044
201903 2,822.144 99.700 3,190.127
201906 2,620.402 99.800 2,959.111
201909 2,577.294 100.100 2,901.709
201912 2,673.831 100.500 2,998.415
202003 2,862.916 100.300 3,216.856
202006 2,703.889 99.900 3,050.333
202009 2,733.871 99.900 3,084.157
202012 2,816.898 99.300 3,197.023
202103 3,078.746 99.900 3,473.220
202106 2,699.165 99.500 3,057.245
202109 2,849.898 100.100 3,208.626
202112 2,919.546 100.100 3,287.041
202203 3,101.403 101.100 3,457.251
202206 2,813.116 101.800 3,114.324
202209 2,830.447 103.100 3,094.000
202212 2,949.100 104.100 3,192.734
202303 3,251.706 104.400 3,510.223
202306 2,965.375 105.200 3,176.785
202309 2,996.640 106.200 3,180.050
202312 3,144.172 106.800 3,317.867
202403 3,371.780 107.200 3,544.772
202406 3,028.275 108.200 3,154.220
202409 3,135.047 108.900 3,244.443
202503 3,549.037 111.100 3,600.148
202506 3,158.402 111.700 3,186.678
202509 3,255.037 112.000 3,275.381
202512 3,435.156 113.000 3,426.036
202603 3,819.733 112.700 3,819.733

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 1.88 mean?
Nakabohtec Corrosion Protecting Co (TSE:1787) has a Cyclically Adjusted PB Ratio of 1.88 as of Aug. 12, 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 Nakabohtec Corrosion Protecting Co and its competitors. This is 18% above median its historical median of 1.59. Over the past decade, Nakabohtec Corrosion Protecting Co's Cyclically Adjusted PB Ratio has ranged from 1.05 to 2.47. According to the industry distribution chart, Nakabohtec Corrosion Protecting Co ranks #994 out of 2234 companies in the Industrial Products industry, placing it in the top 44.5%.
Is Nakabohtec Corrosion Protecting Co's Cyclically Adjusted PB Ratio too high?
Nakabohtec Corrosion Protecting Co's current Cyclically Adjusted PB Ratio of 1.88 is 18% above median its 10-year median of 1.59. Over the past 10 years, this metric has ranged from a low of 1.05 to a high of 2.47. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.19. Nakabohtec Corrosion Protecting Co's value of 1.88 is 14% below this industry median. Based on the distribution chart, Nakabohtec Corrosion Protecting Co ranks #994 out of 2234 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Nakabohtec Corrosion Protecting Co has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nakabohtec Corrosion Protecting Co's Cyclically Adjusted PB Ratio compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Nakabohtec Corrosion Protecting Co ranks #994 out of 2234 companies for Cyclically Adjusted PB Ratio. This puts Nakabohtec Corrosion Protecting Co in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.19. Nakabohtec Corrosion Protecting Co's value of 1.88 is 14% below this benchmark. Historically, Nakabohtec Corrosion Protecting Co's own Cyclically Adjusted PB Ratio has ranged from 1.05 to 2.47 over the past decade. While the company's 10-year median is 1.59 vs. the industry median of 2.19, Nakabohtec Corrosion Protecting Co 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 an Industrial Products company?
The median Cyclically Adjusted PB Ratio among Industrial Products companies is 2.19, based on 2,234 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. Nakabohtec Corrosion Protecting Co's current Cyclically Adjusted PB Ratio of 1.88 is 14% 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 Nakabohtec Corrosion Protecting Co and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nakabohtec Corrosion Protecting Co's current Cyclically Adjusted PB Ratio is 1.88, which is 18% above median its own 10-year median of 1.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nakabohtec Corrosion Protecting Co stock overvalued right now?
Based on GuruFocus' analysis, Nakabohtec Corrosion Protecting Co (TSE:1787) is currently considered Fairly Valued. The stock's GF Value™ is 円5,393.88, compared to a current price of 円5,950.00 — trading 10.3% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.88, which is 18% above median its 10-year median of 1.59 and 14% below the Industrial Products industry median of 2.19. Nakabohtec Corrosion Protecting Co's overall GF Score™ is 70/100 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 Nakabohtec Corrosion Protecting Co (TSE:1787), the current Cyclically Adjusted PB Ratio is 1.88 as of Aug. 12, 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 Nakabohtec Corrosion Protecting Co (TSE:1787) Overvalued in 2026?

Based on GuruFocus' analysis, Nakabohtec Corrosion Protecting Co stock appears to be overvalued. The current stock price of 円5,950.00 is trading 10.3% above its estimated GF Value™ of 円5,393.88. GuruFocus considers Nakabohtec Corrosion Protecting Co to be Fairly Valued.

Key valuation signals for TSE:1787:

  • Cyclically Adjusted PB Ratio: 1.88 (18% above median its 10-year median of 1.59)
  • GF Value™: 円5,393.88 vs. price of 円5,950.00 (10.3% above fair value)
  • GF Score™: 70/100 with 3 warning signs
  • Industry Position: 14% below the Industrial Products median (#994 of 2234)

No single metric tells the full story. See the TSE:1787 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nakabohtec Corrosion Protecting Co Business Description

Address 2-5-2 Shinkawa Chuo-ku, Tokyo, JPN, 104-0033
Nakabohtec Corrosion Protecting Co Ltd is engaged in business related to corrosion prevention, like electric corrosion prevention work, painting work, coating anti-corrosion work, and corrosion environment survey. The products of the company include ALAP-K, shaft earth, and urethane resin.
70GF Score

Get the complete analysis for TSE:1787

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

円5,950.00
Price
円5,393.88
GF Value