Nissin Foods Holdings Co (TSE:2897) Cyclically Adjusted PB Ratio: 2.07 (As of Aug. 04, 2026) — 22% Below Median

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TSE:2897 Nissin Foods Holdings Co Ltd TSE:2897
75 GF Score
Price 円2,970.00
GF Value 円4,306.65
Valuation Significantly Undervalued
! 4 Warning Signs
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What is Nissin Foods Holdings Co Cyclically Adjusted PB Ratio?

Nissin Foods Holdings Co TSE:2897 +4.25% 75 Cyclically Adjusted PB Ratio is 2.07 as of Aug. 04, 2026, which is 22% below its 10-year median of 2.67. GuruFocus rates TSE:2897 with a GF Score™ of 75/100 and a GF Value™ of 円4,306.65 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 1,425 Consumer Packaged Goods companies, Nissin Foods Holdings Co ranks worse than 67.23% on this metric.

As of today (2026-08-04), Nissin Foods Holdings Co's current share price is 円2970.00. Nissin Foods Holdings Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円1,431.46. Nissin Foods Holdings Co's Cyclically Adjusted PB Ratio for today is 2.07.

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

TSE:2897' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.8   Med: 2.67   Max: 4.09
Current: 2.02

During the past years, Nissin Foods Holdings Co's highest Cyclically Adjusted PB Ratio was 4.09. The lowest was 1.80. And the median was 2.67.

TSE:2897's Cyclically Adjusted PB Ratio is ranked worse than
67.23% of 1425 companies
in the Consumer Packaged Goods industry
Industry Median: 1.24 vs TSE:2897: 2.02

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.

Nissin Foods Holdings Co's adjusted book value per share data for the three months ended in Mar. 2026 was 円1,801.615. 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1,431.46 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nissin Foods Holdings Co  (TSE:2897) 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.


Nissin Foods Holdings Co Cyclically Adjusted PB Ratio Related Terms


Nissin Foods Holdings Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Nissin Foods 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.

Nissin Foods Holdings Co Cyclically Adjusted PB Ratio Chart

Nissin Foods Holdings 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 2.56 3.38 3.28 2.23 2.10

Nissin Foods Holdings Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 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 2.23 2.16 1.99 2.05 2.10

TSE:2897 vs KHC, GIS: Cyclically Adjusted PB Ratio Comparison

For the Packaged Foods subindustry, Nissin Foods 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.


Nissin Foods Holdings Co Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Nissin Foods Holdings Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TSE:2897
75GF Score
Nissin Foods Holdings Co Ltd TSE:2897
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nissin Foods 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.

Nissin Foods Holdings Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2970.00/1431.46
=2.07

* 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.

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

For example, Nissin Foods Holdings 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)
=1801.615/112.7000*112.7000
=1,801.615

Current CPI (Mar. 2026) = 112.7000.

Nissin Foods Holdings Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 1,076.491 98.100 1,236.703
201609 1,052.654 98.000 1,210.552
201612 1,038.253 98.400 1,189.137
201703 1,097.387 98.100 1,260.709
201706 1,106.853 98.500 1,266.420
201709 1,146.562 98.800 1,307.870
201712 1,174.169 99.400 1,331.276
201803 1,055.611 99.200 1,199.268
201806 1,193.752 99.200 1,356.208
201809 1,226.540 99.900 1,383.694
201812 1,205.408 99.700 1,362.583
201903 1,045.800 99.700 1,182.163
201906 1,020.322 99.800 1,152.207
201909 1,037.776 100.100 1,168.405
201912 1,079.044 100.500 1,210.032
202003 1,049.540 100.300 1,179.294
202006 1,100.371 99.900 1,241.359
202009 1,154.519 99.900 1,302.445
202012 1,182.659 99.300 1,342.252
202103 1,228.792 99.900 1,386.235
202106 1,229.782 99.500 1,392.929
202109 1,254.522 100.100 1,412.434
202112 1,269.084 100.100 1,428.829
202203 1,326.552 101.100 1,478.758
202206 1,358.352 101.800 1,503.794
202209 1,421.528 103.100 1,553.891
202212 1,410.044 104.100 1,526.532
202303 1,415.697 104.400 1,528.248
202306 1,494.614 105.200 1,601.169
202309 1,587.083 106.200 1,684.221
202312 1,578.462 106.800 1,665.662
202403 1,621.908 107.200 1,705.122
202406 1,633.174 108.200 1,701.097
202409 1,624.426 108.900 1,681.109
202412 1,616.759 110.700 1,645.969
202503 1,618.350 111.100 1,641.657
202506 1,607.945 111.700 1,622.340
202509 1,678.256 112.000 1,688.745
202512 1,730.183 113.000 1,725.590
202603 1,801.615 112.700 1,801.615

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 2.07 mean?
Nissin Foods Holdings Co (TSE:2897) has a Cyclically Adjusted PB Ratio of 2.07 as of Aug. 04, 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 Nissin Foods Holdings Co and its competitors. This is 22% below median its historical median of 2.67. Over the past decade, Nissin Foods Holdings Co's Cyclically Adjusted PB Ratio has ranged from 1.80 to 4.09. According to the industry distribution chart, Nissin Foods Holdings Co ranks #958 out of 1425 companies in the Consumer Packaged Goods industry, placing it in the top 67.2%.
Is Nissin Foods Holdings Co's Cyclically Adjusted PB Ratio too high?
Nissin Foods Holdings Co's current Cyclically Adjusted PB Ratio of 2.07 is 22% below median its 10-year median of 2.67. Over the past 10 years, this metric has ranged from a low of 1.80 to a high of 4.09. The Consumer Packaged Goods industry median Cyclically Adjusted PB Ratio is 1.24. Nissin Foods Holdings Co's value of 2.07 is 66.9% above this industry median. Based on the distribution chart, Nissin Foods Holdings Co ranks #958 out of 1425 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Nissin Foods Holdings Co has a GF Score™ of 75/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nissin Foods Holdings Co's Cyclically Adjusted PB Ratio compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Nissin Foods Holdings Co ranks #958 out of 1425 companies for Cyclically Adjusted PB Ratio. This places Nissin Foods Holdings Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.24. Nissin Foods Holdings Co's value of 2.07 is 66.9% above this benchmark. Historically, Nissin Foods Holdings Co's own Cyclically Adjusted PB Ratio has ranged from 1.80 to 4.09 over the past decade. While the company's 10-year median is 2.67 vs. the industry median of 1.24, Nissin Foods Holdings 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 Consumer Packaged Goods company?
The median Cyclically Adjusted PB Ratio among Consumer Packaged Goods companies is 1.24, based on 1,425 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. Nissin Foods Holdings Co's current Cyclically Adjusted PB Ratio of 2.07 is 66.9% 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 Nissin Foods Holdings Co and its competitors. For the Consumer Packaged Goods industry, the median Cyclically Adjusted PB Ratio is 1.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nissin Foods Holdings Co's current Cyclically Adjusted PB Ratio is 2.07, which is 22% below median its own 10-year median of 2.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nissin Foods Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Nissin Foods Holdings Co (TSE:2897) is currently considered Significantly Undervalued. The stock's GF Value™ is 円4,306.65, compared to a current price of 円2,970.00 — trading 31% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.07, which is 22% below median its 10-year median of 2.67 and 66.9% above the Consumer Packaged Goods industry median of 1.24. Nissin Foods Holdings Co's overall GF Score™ is 75/100 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 Nissin Foods Holdings Co (TSE:2897), the current Cyclically Adjusted PB Ratio is 2.07 as of Aug. 04, 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 Nissin Foods Holdings Co (TSE:2897) Overvalued in 2026?

Based on GuruFocus' analysis, Nissin Foods Holdings Co stock appears to be undervalued. The current stock price of 円2,970.00 is trading 31% below its estimated GF Value™ of 円4,306.65. GuruFocus considers Nissin Foods Holdings Co to be Significantly Undervalued.

Key valuation signals for TSE:2897:

  • Cyclically Adjusted PB Ratio: 2.07 (22% below median its 10-year median of 2.67)
  • GF Value™: 円4,306.65 vs. price of 円2,970.00 (31% below fair value)
  • GF Score™: 75/100 with 4 warning signs
  • Industry Position: 66.9% above the Consumer Packaged Goods median (#958 of 1425)

No single metric tells the full story. See the TSE:2897 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nissin Foods Holdings Co Business Description

Other Exchanges NFPDF:USANF2:Germany
Address 28-1, 6-chome, Shinjuku-ku, Tokyo, JPN, 160-8524
Nissin Foods is Japan's largest instant noodle manufacturer and was the first in the world to invent and launch instant noodles. It also invented the first instant noodle product in cup containers. Cup Noodles is its global brand, marketed in Asia, the Americas, and Europe. Instant noodles account for more than three fourths of group sales and 80% of operating profits, while Japan remains the key contributor, representing roughly 75% of group sales and 85% of profits. Other products include frozen/chilled noodles, confectionery, and lactic acid drinks.
75GF Score

Get the complete analysis for TSE:2897

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

円2,970.00
Price
円4,306.65
GF Value