Nihon House Holdings Co (TSE:1873) Cyclically Adjusted PB Ratio: 0.58 (As of Aug. 27, 2026) — 29% Below Median

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TSE:1873 Nihon House Holdings Co Ltd TSE:1873
63 GF Score
Price 円330.00
GF Value 円258.22
Valuation Modestly Overvalued
! 3 Warning Signs
View Full Analysis

What is Nihon House Holdings Co Cyclically Adjusted PB Ratio?

Nihon House Holdings Co TSE:1873 -0.30% 63 Cyclically Adjusted PB Ratio is 0.58 as of Aug. 27, 2026, which is 29% below its 10-year median of 0.82. GuruFocus rates TSE:1873 with a GF Score™ of 63/100 and a GF Value™ of 円258.22 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 71 Homebuilding & Construction companies, Nihon House Holdings Co ranks better than 77.46% on this metric.

As of today (2026-08-27), Nihon House Holdings Co's current share price is 円330.00. Nihon House Holdings Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Apr26 was 円566.25. Nihon House Holdings Co's Cyclically Adjusted PB Ratio for today is 0.58.

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

TSE:1873' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.52   Med: 0.82   Max: 2.55
Current: 0.58

During the past 13 years, Nihon House Holdings Co's highest Cyclically Adjusted PB Ratio was 2.55. The lowest was 0.52. And the median was 0.82.

TSE:1873's Cyclically Adjusted PB Ratio is ranked better than
77.46% of 71 companies
in the Homebuilding & Construction industry
Industry Median: 1.12 vs TSE:1873: 0.58

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.

Nihon House Holdings Co's adjusted book value per share data of for the fiscal year that ended in Apr26 was 円569.628. 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566.25 for the trailing ten years ended in Apr26.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nihon House Holdings Co  (TSE:1873) 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.


Nihon House Holdings Co Cyclically Adjusted PB Ratio Related Terms


Nihon House Holdings Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Nihon House 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.

Nihon House Holdings Co Cyclically Adjusted PB Ratio Chart

Nihon House Holdings Co Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Apr25 Apr26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.89 0.87 0.67 0.60 0.53

Nihon House Holdings Co Semi-Annual Data
Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25 Apr26
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 0.00 0.64 0.60 0.00 0.53

TSE:1873 vs DHI, PHM, LEN: Cyclically Adjusted PB Ratio Comparison

For the Residential Construction subindustry, Nihon House 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.


Nihon House Holdings Co Cyclically Adjusted PB Ratio vs Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Nihon House Holdings Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TSE:1873
63GF Score
Nihon House Holdings Co Ltd TSE:1873
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nihon House 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.

Nihon House Holdings Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=330.00/566.25
=0.58

* 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.

Nihon House Holdings Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Apr26 is calculated as:

For example, Nihon House Holdings Co's adjusted Book Value per Share data for the fiscal year that ended in Apr26 was:

Adj_Book=Book Value per Share/CPI of Apr26 (Change)*Current CPI (Apr26)
=569.628/113.0000*113.0000
=569.628

Current CPI (Apr26) = 113.0000.

Nihon House Holdings Co Annual Data

Book Value per Share CPI Adj_Book
201610 443.539 98.600 508.315
201710 485.285 98.800 555.032
201810 464.803 100.200 524.179
201910 491.858 100.400 553.585
202010 499.030 99.800 565.034
202110 551.453 99.900 623.766
202210 572.929 103.700 624.310
202310 558.753 107.100 589.534
202504 541.852 111.500 549.141
202604 569.628 113.000 569.628

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 0.58 mean?
Nihon House Holdings Co (TSE:1873) has a Cyclically Adjusted PB Ratio of 0.58 as of Aug. 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 Nihon House Holdings Co and its competitors. This is 29% below median its historical median of 0.82. Over the past decade, Nihon House Holdings Co's Cyclically Adjusted PB Ratio has ranged from 0.52 to 2.55. According to the industry distribution chart, Nihon House Holdings Co ranks #16 out of 71 companies in the Homebuilding & Construction industry, placing it in the top 22.5%.
Is Nihon House Holdings Co's Cyclically Adjusted PB Ratio too high?
Nihon House Holdings Co's current Cyclically Adjusted PB Ratio of 0.58 is 29% below median its 10-year median of 0.82. Over the past 10 years, this metric has ranged from a low of 0.52 to a high of 2.55. The Homebuilding & Construction industry median Cyclically Adjusted PB Ratio is 1.12. Nihon House Holdings Co's value of 0.58 is 48.2% below this industry median. Based on the distribution chart, Nihon House Holdings Co ranks #16 out of 71 companies in the Homebuilding & Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Nihon House Holdings Co has a GF Score™ of 63/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nihon House Holdings Co's Cyclically Adjusted PB Ratio compare to DHI and PHM?
According to the Homebuilding & Construction industry distribution chart, Nihon House Holdings Co ranks #16 out of 71 companies for Cyclically Adjusted PB Ratio. This places Nihon House Holdings Co in the top 23% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.12. Nihon House Holdings Co's value of 0.58 is 48.2% below this benchmark. Historically, Nihon House Holdings Co's own Cyclically Adjusted PB Ratio has ranged from 0.52 to 2.55 over the past decade. While the company's 10-year median is 0.82 vs. the industry median of 1.12, Nihon House Holdings 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 a Homebuilding & Construction company?
The median Cyclically Adjusted PB Ratio among Homebuilding & Construction companies is 1.12, based on 71 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. Nihon House Holdings Co's current Cyclically Adjusted PB Ratio of 0.58 is 48.2% 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 Nihon House Holdings Co and its competitors. For the Homebuilding & Construction industry, the median Cyclically Adjusted PB Ratio is 1.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nihon House Holdings Co's current Cyclically Adjusted PB Ratio is 0.58, which is 29% below median its own 10-year median of 0.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nihon House Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Nihon House Holdings Co (TSE:1873) is currently considered Modestly Overvalued. The stock's GF Value™ is 円258.22, compared to a current price of 円330.00 — trading 27.8% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.58, which is 29% below median its 10-year median of 0.82 and 48.2% below the Homebuilding & Construction industry median of 1.12. Nihon House Holdings Co's overall GF Score™ is 63/100 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 Nihon House Holdings Co (TSE:1873), the current Cyclically Adjusted PB Ratio is 0.58 as of Aug. 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 Nihon House Holdings Co (TSE:1873) Overvalued in 2026?

Based on GuruFocus' analysis, Nihon House Holdings Co stock appears to be overvalued. The current stock price of 円330.00 is trading 27.8% above its estimated GF Value™ of 円258.22. GuruFocus considers Nihon House Holdings Co to be Modestly Overvalued.

Key valuation signals for TSE:1873:

  • Cyclically Adjusted PB Ratio: 0.58 (29% below median its 10-year median of 0.82)
  • GF Value™: 円258.22 vs. price of 円330.00 (27.8% above fair value)
  • GF Score™: 63/100 with 3 warning signs
  • Industry Position: 48.2% below the Homebuilding & Construction median (#16 of 71)

No single metric tells the full story. See the TSE:1873 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nihon House Holdings Co Business Description

Address 3-8 Iidabashi 4-chome, Japan House HD Iidabashi Building, Chiyoda-ku, Tokyo, JPN, 102-0072
Nihon House Holdings Co Ltd is engaged in businesses related to the residential lifestyle and service industries, such as the housing business, which focuses on contract construction of housing and the development and sale of residential land, and the hotel business, which operates hotel and leisure facilities.
63GF Score

Get the complete analysis for TSE:1873

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

円330.00
Price
円258.22
GF Value