Nippon Dry-Chemical Co (TSE:1909) Cyclically Adjusted PB Ratio: (As of Sep. 20, 2026)

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TSE:1909 Nippon Dry-Chemical Co Ltd TSE:1909
75 GF Score
Price 円3,700.00
GF Value 円1,049.44
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Nippon Dry-Chemical Co Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Nippon Dry-Chemical Co  (TSE:1909) 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.


Nippon Dry-Chemical Co Cyclically Adjusted PB Ratio Related Terms


Nippon Dry-Chemical Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Nippon Dry-Chemical 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.

Nippon Dry-Chemical Co Cyclically Adjusted PB Ratio Chart

Nippon Dry-Chemical 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 0.97 0.86 1.12 1.44 3.04

Nippon Dry-Chemical 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 1.90 2.82 3.13 3.24 4.70

TSE:1909 vs ALLE, MSA, ADT: Cyclically Adjusted PB Ratio Comparison

For the Security & Protection Services subindustry, Nippon Dry-Chemical 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.


Nippon Dry-Chemical Co Cyclically Adjusted PB Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, Nippon Dry-Chemical Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Nippon Dry-Chemical Co's Cyclically Adjusted PB Ratio falls into.


TSE:1909
75GF Score
Nippon Dry-Chemical Co Ltd TSE:1909
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nippon Dry-Chemical 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.

Nippon Dry-Chemical Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Nippon Dry-Chemical Co's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=1394.934/113.6000*113.6000
=1,394.934

Current CPI (Jun. 2026) = 113.6000.

Nippon Dry-Chemical Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 341.293 98.000 395.621
201612 345.161 98.400 398.479
201703 371.131 98.100 429.770
201706 362.418 98.500 417.976
201709 361.765 98.800 415.957
201712 364.491 99.400 416.561
201803 409.869 99.200 469.366
201806 406.234 99.200 465.203
201809 417.538 99.900 474.798
201812 425.241 99.700 484.527
201903 443.093 99.700 504.868
201906 443.121 99.800 504.394
201909 455.869 100.100 517.350
201912 472.473 100.500 534.059
202003 571.235 100.300 646.982
202006 566.289 99.900 643.948
202009 580.866 99.900 660.524
202012 598.994 99.300 685.254
202103 677.450 99.900 770.354
202106 679.045 99.500 775.271
202109 691.721 100.100 785.010
202112 700.423 100.100 794.886
202203 703.482 101.100 790.460
202206 743.947 101.800 830.181
202209 782.527 103.100 862.222
202212 801.709 104.100 874.872
202303 845.956 104.400 920.504
202306 861.403 105.200 930.184
202309 921.195 106.200 985.384
202312 948.009 106.800 1,008.369
202403 1,009.093 107.200 1,069.337
202406 1,040.319 108.200 1,092.239
202409 1,075.735 108.900 1,122.162
202412 1,101.627 110.700 1,130.486
202503 1,138.545 111.100 1,164.165
202506 1,164.248 111.700 1,184.052
202509 1,238.219 112.000 1,255.908
202512 1,300.904 113.000 1,307.811
202603 1,355.857 112.700 1,366.685
202606 1,394.934 113.600 1,394.934

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.

Is Nippon Dry-Chemical Co (TSE:1909) Overvalued in 2026?

Based on GuruFocus' analysis, Nippon Dry-Chemical Co stock appears to be overvalued. The current stock price of 円3,700.00 is trading 252.6% above its estimated GF Value™ of 円1,049.44. GuruFocus considers Nippon Dry-Chemical Co to be Significantly Overvalued.

Key valuation signals for TSE:1909:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: 円1,049.44 vs. price of 円3,700.00 (252.6% above fair value)
  • GF Score™: 75/100 with 2 warning signs

No single metric tells the full story. See the TSE:1909 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nippon Dry-Chemical Co Business Description

Address 2-3-1,Daiba,Minato-ku, Tokyo, JPN
Nippon Dry-Chemical Co Ltd designs, manufactures, sells, and installs fire extinguishing equipment, fire engines and security systems in Japan. The company offers sprinkler systems; drencher equipment; sprinkler systems for apartment buildings; automatic fire alarm systems; water ejector sprinkler systems; indoor/outdoor hydrants; tunnel disaster prevention systems; and consolidated water pipes among other products.
75GF Score

Get the complete analysis for TSE:1909

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

円3,700.00
Price
円1,049.44
GF Value