Nitta Gelatin (TSE:4977) Cyclically Adjusted PB Ratio: 1.26 (As of Aug. 08, 2026) — 50% Above Median

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TSE:4977 Nitta Gelatin Inc TSE:4977
74 GF Score
Price 円1,350.00
GF Value 円771.14
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Nitta Gelatin Cyclically Adjusted PB Ratio?

Nitta Gelatin TSE:4977 +1.28% 74 Cyclically Adjusted PB Ratio is 1.26 as of Aug. 08, 2026, which is 50% above its 10-year median of 0.84. GuruFocus rates TSE:4977 with a GF Score™ of 74/100 and a GF Value™ of 円771.14 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,236 Chemicals companies, Nitta Gelatin ranks better than 61.57% on this metric.

As of today (2026-08-08), Nitta Gelatin's current share price is 円1350.00. Nitta Gelatin's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円1,070.40. Nitta Gelatin's Cyclically Adjusted PB Ratio for today is 1.26.

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

TSE:4977' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.7   Med: 0.84   Max: 1.45
Current: 1.2

During the past years, Nitta Gelatin's highest Cyclically Adjusted PB Ratio was 1.45. The lowest was 0.70. And the median was 0.84.

TSE:4977's Cyclically Adjusted PB Ratio is ranked better than
61.57% of 1236 companies
in the Chemicals industry
Industry Median: 1.61 vs TSE:4977: 1.20

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.

Nitta Gelatin's adjusted book value per share data for the three months ended in Mar. 2026 was 円1,331.357. 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1,070.40 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nitta Gelatin  (TSE:4977) 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.


Nitta Gelatin Cyclically Adjusted PB Ratio Related Terms


Nitta Gelatin Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Nitta Gelatin'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.

Nitta Gelatin Cyclically Adjusted PB Ratio Chart

Nitta Gelatin 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 0.78 0.94 0.75 0.81 1.13

Nitta Gelatin Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 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 0.81 0.00 0.00 0.00 1.13

TSE:4977 vs LIN, SHW, ECL: Cyclically Adjusted PB Ratio Comparison

For the Specialty Chemicals subindustry, Nitta Gelatin'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.


Nitta Gelatin Cyclically Adjusted PB Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Nitta Gelatin's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TSE:4977
74GF Score
Nitta Gelatin Inc TSE:4977
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nitta Gelatin 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.

Nitta Gelatin's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1350.00/1070.40
=1.26

* 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.

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

For example, Nitta Gelatin'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)
=1331.357/112.7000*112.7000
=1,331.357

Current CPI (Mar. 2026) = 112.7000.

Nitta Gelatin Quarterly Data

Book Value per Share CPI Adj_Book
201512 856.101 98.100 983.513
201603 814.847 97.900 938.031
201606 784.315 98.100 901.043
201609 791.662 98.000 910.411
201612 850.659 98.400 974.281
201703 855.883 98.100 983.262
201706 872.374 98.500 998.138
201709 890.878 98.800 1,016.214
201712 905.247 99.400 1,026.372
201803 836.835 99.200 950.719
201806 831.555 99.200 944.720
201809 904.267 99.900 1,020.129
201812 856.428 99.700 968.099
201903 862.197 99.700 974.620
201906 855.883 99.800 966.513
201909 871.286 100.100 980.958
201912 879.776 100.500 986.575
202003 852.563 100.300 957.965
202006 858.706 99.900 968.730
202009 872.144 99.900 983.890
202012 879.763 99.300 998.482
202103 929.018 99.900 1,048.051
202106 945.339 99.500 1,070.751
202109 964.758 100.100 1,086.196
202112 977.550 100.100 1,100.598
202203 998.619 101.100 1,113.198
202206 1,054.239 101.800 1,167.119
202209 1,084.562 103.100 1,185.549
202212 1,043.848 104.100 1,130.083
202303 1,053.108 104.400 1,136.832
202306 1,101.031 105.200 1,179.527
202309 1,134.561 106.200 1,204.002
202312 985.022 106.800 1,039.438
202403 1,001.432 107.200 1,052.811
202409 1,027.301 108.900 1,063.148
202503 1,138.815 111.100 1,155.216
202506 1,147.457 111.700 1,157.730
202509 1,242.852 112.000 1,250.620
202512 1,290.076 113.000 1,286.651
202603 1,331.357 112.700 1,331.357

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 1.26 mean?
Nitta Gelatin (TSE:4977) has a Cyclically Adjusted PB Ratio of 1.26 as of Aug. 08, 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 Nitta Gelatin and its competitors. This is 50% above median its historical median of 0.84. Over the past decade, Nitta Gelatin's Cyclically Adjusted PB Ratio has ranged from 0.70 to 1.45. According to the industry distribution chart, Nitta Gelatin ranks #475 out of 1236 companies in the Chemicals industry, placing it in the top 38.4%.
Is Nitta Gelatin's Cyclically Adjusted PB Ratio too high?
Nitta Gelatin's current Cyclically Adjusted PB Ratio of 1.26 is 50% above median its 10-year median of 0.84. Over the past 10 years, this metric has ranged from a low of 0.70 to a high of 1.45. The Chemicals industry median Cyclically Adjusted PB Ratio is 1.61. Nitta Gelatin's value of 1.26 is 21.7% below this industry median. Based on the distribution chart, Nitta Gelatin ranks #475 out of 1236 companies in the Chemicals industry, which is above the industry midpoint. Overall, Nitta Gelatin has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nitta Gelatin's Cyclically Adjusted PB Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Nitta Gelatin ranks #475 out of 1236 companies for Cyclically Adjusted PB Ratio. This puts Nitta Gelatin in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.61. Nitta Gelatin's value of 1.26 is 21.7% below this benchmark. Historically, Nitta Gelatin's own Cyclically Adjusted PB Ratio has ranged from 0.70 to 1.45 over the past decade. While the company's 10-year median is 0.84 vs. the industry median of 1.61, Nitta Gelatin 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 Chemicals company?
The median Cyclically Adjusted PB Ratio among Chemicals companies is 1.61, based on 1,236 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. Nitta Gelatin's current Cyclically Adjusted PB Ratio of 1.26 is 21.7% 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 Nitta Gelatin and its competitors. For the Chemicals industry, the median Cyclically Adjusted PB Ratio is 1.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nitta Gelatin's current Cyclically Adjusted PB Ratio is 1.26, which is 50% above median its own 10-year median of 0.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nitta Gelatin stock overvalued right now?
Based on GuruFocus' analysis, Nitta Gelatin (TSE:4977) is currently considered Significantly Overvalued. The stock's GF Value™ is 円771.14, compared to a current price of 円1,350.00 — trading 75.1% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.26, which is 50% above median its 10-year median of 0.84 and 21.7% below the Chemicals industry median of 1.61. Nitta Gelatin's overall GF Score™ is 74/100 with 2 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 Nitta Gelatin (TSE:4977), the current Cyclically Adjusted PB Ratio is 1.26 as of Aug. 08, 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 Nitta Gelatin (TSE:4977) Overvalued in 2026?

Based on GuruFocus' analysis, Nitta Gelatin stock appears to be overvalued. The current stock price of 円1,350.00 is trading 75.1% above its estimated GF Value™ of 円771.14. GuruFocus considers Nitta Gelatin to be Significantly Overvalued.

Key valuation signals for TSE:4977:

  • Cyclically Adjusted PB Ratio: 1.26 (50% above median its 10-year median of 0.84)
  • GF Value™: 円771.14 vs. price of 円1,350.00 (75.1% above fair value)
  • GF Score™: 74/100 with 2 warning signs
  • Industry Position: 21.7% below the Chemicals median (#475 of 1236)

No single metric tells the full story. See the TSE:4977 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nitta Gelatin Business Description

Address 4-4-26 Sakuragawa, Naniwa-ku, Osaka, JPN, 556-0022
Nitta Gelatin Inc is a manufacturer of gelatin products. It manufactures and sells gelatin, collagen peptides, collagen casing, collagen, and other products made from animal bones and skin or fish scales and skin.
74GF Score

Get the complete analysis for TSE:4977

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

円1,350.00
Price
円771.14
GF Value