Nippon Primex (TSE:2795) Cyclically Adjusted PB Ratio: 0.74 (As of Aug. 24, 2026) — Near Median

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TSE:2795 Nippon Primex Inc TSE:2795
77 GF Score
Price 円973.00
GF Value 円898.62
Valuation Fairly Valued
! 4 Warning Signs
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What is Nippon Primex Cyclically Adjusted PB Ratio?

Nippon Primex TSE:2795 77 Cyclically Adjusted PB Ratio is 0.74 as of Aug. 24, 2026, which is 1% above its 10-year median of 0.73. GuruFocus rates TSE:2795 with a GF Score™ of 77/100 and a GF Value™ of 円898.62 (Fairly Valued). The stock has 4 warning signs investors should review. Among 2,133 Industrial Products companies, Nippon Primex ranks better than 82.18% on this metric.

As of today (2026-08-24), Nippon Primex's current share price is 円973.00. Nippon Primex's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円1,307.49. Nippon Primex's Cyclically Adjusted PB Ratio for today is 0.74.

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

TSE:2795' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.63   Med: 0.73   Max: 1.5
Current: 0.74

During the past years, Nippon Primex's highest Cyclically Adjusted PB Ratio was 1.50. The lowest was 0.63. And the median was 0.73.

TSE:2795's Cyclically Adjusted PB Ratio is ranked better than
82.18% of 2133 companies
in the Industrial Products industry
Industry Median: 2.09 vs TSE:2795: 0.74

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.

Nippon Primex's adjusted book value per share data for the three months ended in Mar. 2026 was 円1,615.948. 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1,307.49 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nippon Primex  (TSE:2795) 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 Primex Cyclically Adjusted PB Ratio Related Terms


Nippon Primex Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Nippon Primex'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 Primex Cyclically Adjusted PB Ratio Chart

Nippon Primex 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 0.70 0.68 0.69 0.71 0.69

Nippon Primex Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24 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 0.70 0.69 0.69 0.69 0.00

TSE:2795 vs GEV, ETN, PH: Cyclically Adjusted PB Ratio Comparison

For the Specialty Industrial Machinery subindustry, Nippon Primex'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 Primex Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Nippon Primex's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TSE:2795
77GF Score
Nippon Primex Inc TSE:2795
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nippon Primex 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 Primex's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=973.00/1307.49
=0.74

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

For example, Nippon Primex'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)
=1615.948/112.7000*112.7000
=1,615.948

Current CPI (Mar. 2026) = 112.7000.

Nippon Primex Quarterly Data

Book Value per Share CPI Adj_Book
201512 971.968 98.100 1,116.624
201603 955.868 97.900 1,100.371
201606 909.944 98.100 1,045.369
201609 923.120 98.000 1,061.588
201612 997.660 98.400 1,142.645
201703 1,005.403 98.100 1,155.035
201706 1,003.241 98.500 1,147.871
201709 1,018.383 98.800 1,161.658
201712 1,045.195 99.400 1,185.045
201803 1,041.411 99.200 1,183.135
201806 1,039.077 99.200 1,180.484
201809 1,065.841 99.900 1,202.405
201812 1,070.823 99.700 1,210.449
201903 1,101.140 99.700 1,244.719
201906 1,089.473 99.800 1,230.297
201909 1,108.789 100.100 1,248.357
201912 1,137.135 100.500 1,275.175
202003 1,125.659 100.300 1,264.823
202006 1,112.237 99.900 1,254.746
202009 1,122.874 99.900 1,266.746
202012 1,137.385 99.300 1,290.869
202103 1,178.827 99.900 1,329.868
202106 1,169.142 99.500 1,324.244
202109 1,189.240 100.100 1,338.935
202112 1,208.333 100.100 1,360.431
202203 1,233.801 101.100 1,375.365
202206 1,246.375 101.800 1,379.828
202209 1,265.290 103.100 1,383.106
202212 1,289.015 104.100 1,395.504
202303 1,305.251 104.400 1,409.021
202306 1,325.590 105.200 1,420.095
202309 1,360.137 106.200 1,443.385
202312 1,373.914 106.800 1,449.814
202403 1,428.872 107.200 1,502.182
202409 1,430.538 108.900 1,480.456
202503 1,498.390 111.100 1,519.969
202506 1,476.833 111.700 1,490.054
202509 1,519.302 112.000 1,528.798
202512 1,588.318 113.000 1,584.101
202603 1,615.948 112.700 1,615.948

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 0.74 mean?
Nippon Primex (TSE:2795) has a Cyclically Adjusted PB Ratio of 0.74 as of Aug. 24, 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 Nippon Primex and its competitors. This is near median its historical median of 0.73. Over the past decade, Nippon Primex's Cyclically Adjusted PB Ratio has ranged from 0.63 to 1.50. According to the industry distribution chart, Nippon Primex ranks #380 out of 2133 companies in the Industrial Products industry, placing it in the top 17.8%.
Is Nippon Primex's Cyclically Adjusted PB Ratio too high?
Nippon Primex's current Cyclically Adjusted PB Ratio of 0.74 is near median its 10-year median of 0.73. Over the past 10 years, this metric has ranged from a low of 0.63 to a high of 1.50. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.09. Nippon Primex's value of 0.74 is 64.6% below this industry median. Based on the distribution chart, Nippon Primex ranks #380 out of 2133 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Nippon Primex has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nippon Primex's Cyclically Adjusted PB Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Nippon Primex ranks #380 out of 2133 companies for Cyclically Adjusted PB Ratio. This places Nippon Primex in the top 18% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 2.09. Nippon Primex's value of 0.74 is 64.6% below this benchmark. Historically, Nippon Primex's own Cyclically Adjusted PB Ratio has ranged from 0.63 to 1.50 over the past decade. While the company's 10-year median is 0.73 vs. the industry median of 2.09, Nippon Primex 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 2.09, based on 2,133 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. Nippon Primex's current Cyclically Adjusted PB Ratio of 0.74 is 64.6% 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 Nippon Primex and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nippon Primex's current Cyclically Adjusted PB Ratio is 0.74, which is near median its own 10-year median of 0.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon Primex stock overvalued right now?
Based on GuruFocus' analysis, Nippon Primex (TSE:2795) is currently considered Fairly Valued. The stock's GF Value™ is 円898.62, compared to a current price of 円973.00 — trading 8.3% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.74, which is near median its 10-year median of 0.73 and 64.6% below the Industrial Products industry median of 2.09. Nippon Primex's overall GF Score™ is 77/100 with 4 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 Nippon Primex (TSE:2795), the current Cyclically Adjusted PB Ratio is 0.74 as of Aug. 24, 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 Nippon Primex (TSE:2795) Overvalued in 2026?

Based on GuruFocus' analysis, Nippon Primex stock appears to be overvalued. The current stock price of 円973.00 is trading 8.3% above its estimated GF Value™ of 円898.62. GuruFocus considers Nippon Primex to be Fairly Valued.

Key valuation signals for TSE:2795:

  • Cyclically Adjusted PB Ratio: 0.74 (near median its 10-year median of 0.73)
  • GF Value™: 円898.62 vs. price of 円973.00 (8.3% above fair value)
  • GF Score™: 77/100 with 4 warning signs
  • Industry Position: 64.6% below the Industrial Products median (#380 of 2133)

No single metric tells the full story. See the TSE:2795 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nippon Primex Business Description

Address 1-5-12, Unoki, Ota-ku, Tokyo, JPN, 146-8650
Nippon Primex Inc is engaged in development and sale of printers and electronic devices. The products of the company include inkjet printer, ticket printer, journal printers, portable printers, desktop printers, bezels, and others.
77GF Score

Get the complete analysis for TSE:2795

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

円973.00
Price
円898.62
GF Value