Nippon Seiro Co (TSE:5010) Cyclically Adjusted PB Ratio: 0.50 (As of Aug. 04, 2026) — 43% Above Median

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TSE:5010 Nippon Seiro Co Ltd TSE:5010
42 GF Score
Price 円236.00
GF Value 円118.54
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Nippon Seiro Co Cyclically Adjusted PB Ratio?

Nippon Seiro Co TSE:5010 +0.85% 42 Cyclically Adjusted PB Ratio is 0.50 as of Aug. 04, 2026, which is 43% above its 10-year median of 0.35. GuruFocus rates TSE:5010 with a GF Score™ of 42/100 and a GF Value™ of 円118.54 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 765 Oil & Gas companies, Nippon Seiro Co ranks better than 74.9% on this metric.

As of today (2026-08-04), Nippon Seiro Co's current share price is 円236.00. Nippon Seiro Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was 円475.21. Nippon Seiro Co's Cyclically Adjusted PB Ratio for today is 0.50.

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

TSE:5010' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.2   Med: 0.35   Max: 0.67
Current: 0.5

During the past years, Nippon Seiro Co's highest Cyclically Adjusted PB Ratio was 0.67. The lowest was 0.20. And the median was 0.35.

TSE:5010's Cyclically Adjusted PB Ratio is ranked better than
74.9% of 765 companies
in the Oil & Gas industry
Industry Median: 1.21 vs TSE:5010: 0.50

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 Seiro Co's adjusted book value per share data for the three months ended in Dec. 2025 was 円322.852. 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475.21 for the trailing ten years ended in Dec. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nippon Seiro Co  (TSE:5010) 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 Seiro Co Cyclically Adjusted PB Ratio Related Terms


Nippon Seiro Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Nippon Seiro 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 Seiro Co Cyclically Adjusted PB Ratio Chart

Nippon Seiro Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.34 0.23 0.25 0.52 0.40

Nippon Seiro Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 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 0.41 0.39 0.41 0.40 0.00

TSE:5010 vs MPC, VLO, PSX: Cyclically Adjusted PB Ratio Comparison

For the Oil & Gas Refining & Marketing subindustry, Nippon Seiro 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 Seiro Co Cyclically Adjusted PB Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Nippon Seiro Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TSE:5010
42GF Score
Nippon Seiro Co Ltd TSE:5010
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=236.00/475.21
=0.50

* 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 Seiro Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 is calculated as:

For example, Nippon Seiro Co's adjusted Book Value per Share data for the three months ended in Dec. 2025 was:

Adj_Book=Book Value per Share/CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=322.852/113.0000*113.0000
=322.852

Current CPI (Dec. 2025) = 113.0000.

Nippon Seiro Co Quarterly Data

Book Value per Share CPI Adj_Book
201512 573.390 98.100 660.480
201603 570.265 97.900 658.222
201606 562.451 98.100 647.879
201609 561.279 98.000 647.189
201612 582.584 98.400 669.024
201703 596.707 98.100 687.338
201706 599.777 98.500 688.069
201709 604.354 98.800 691.215
201712 615.113 99.400 699.273
201803 611.584 99.200 696.663
201806 617.410 99.200 703.300
201809 615.225 99.900 695.900
201812 574.713 99.700 651.380
201903 571.067 99.700 647.247
201906 556.484 99.800 630.087
201909 527.419 100.100 595.388
201912 513.748 100.500 577.647
202003 410.249 100.300 462.195
202006 348.271 99.900 393.940
202009 360.626 99.900 407.915
202012 368.576 99.300 419.427
202103 376.525 99.900 425.899
202106 374.399 99.500 425.197
202109 378.601 100.100 427.392
202112 392.121 100.100 442.654
202203 394.400 101.100 440.823
202206 397.691 101.800 441.445
202209 347.106 103.100 380.436
202212 273.178 104.100 296.533
202303 178.338 104.400 193.029
202306 202.187 105.200 217.178
202309 189.174 106.200 201.287
202312 191.554 106.800 202.674
202403 202.896 107.200 213.874
202406 235.911 108.200 246.377
202412 287.204 110.700 293.171
202503 291.357 111.100 296.340
202506 292.116 111.700 295.516
202509 313.231 112.000 316.028
202512 322.852 113.000 322.852

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 0.50 mean?
Nippon Seiro Co (TSE:5010) has a Cyclically Adjusted PB Ratio of 0.50 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 Nippon Seiro Co and its competitors. This is 43% above median its historical median of 0.35. Over the past decade, Nippon Seiro Co's Cyclically Adjusted PB Ratio has ranged from 0.20 to 0.67. According to the industry distribution chart, Nippon Seiro Co ranks #192 out of 765 companies in the Oil & Gas industry, placing it in the top 25.1%.
Is Nippon Seiro Co's Cyclically Adjusted PB Ratio too high?
Nippon Seiro Co's current Cyclically Adjusted PB Ratio of 0.50 is 43% above median its 10-year median of 0.35. Over the past 10 years, this metric has ranged from a low of 0.20 to a high of 0.67. The Oil & Gas industry median Cyclically Adjusted PB Ratio is 1.21. Nippon Seiro Co's value of 0.50 is 58.7% below this industry median. Based on the distribution chart, Nippon Seiro Co ranks #192 out of 765 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Nippon Seiro Co has a GF Score™ of 42/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nippon Seiro Co's Cyclically Adjusted PB Ratio compare to MPC and VLO?
According to the Oil & Gas industry distribution chart, Nippon Seiro Co ranks #192 out of 765 companies for Cyclically Adjusted PB Ratio. This puts Nippon Seiro Co in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.21. Nippon Seiro Co's value of 0.50 is 58.7% below this benchmark. Historically, Nippon Seiro Co's own Cyclically Adjusted PB Ratio has ranged from 0.20 to 0.67 over the past decade. While the company's 10-year median is 0.35 vs. the industry median of 1.21, Nippon Seiro 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 an Oil & Gas company?
The median Cyclically Adjusted PB Ratio among Oil & Gas companies is 1.21, based on 765 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 Seiro Co's current Cyclically Adjusted PB Ratio of 0.50 is 58.7% 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 Nippon Seiro Co and its competitors. For the Oil & Gas industry, the median Cyclically Adjusted PB Ratio is 1.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nippon Seiro Co's current Cyclically Adjusted PB Ratio is 0.50, which is 43% above median its own 10-year median of 0.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon Seiro Co stock overvalued right now?
Based on GuruFocus' analysis, Nippon Seiro Co (TSE:5010) is currently considered Significantly Overvalued. The stock's GF Value™ is 円118.54, compared to a current price of 円236.00 — trading 99.1% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.50, which is 43% above median its 10-year median of 0.35 and 58.7% below the Oil & Gas industry median of 1.21. Nippon Seiro Co's overall GF Score™ is 42/100 with 5 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 Seiro Co (TSE:5010), the current Cyclically Adjusted PB Ratio is 0.50 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 Nippon Seiro Co (TSE:5010) Overvalued in 2026?

Based on GuruFocus' analysis, Nippon Seiro Co stock appears to be overvalued. The current stock price of 円236.00 is trading 99.1% above its estimated GF Value™ of 円118.54. GuruFocus considers Nippon Seiro Co to be Significantly Overvalued.

Key valuation signals for TSE:5010:

  • Cyclically Adjusted PB Ratio: 0.50 (43% above median its 10-year median of 0.35)
  • GF Value™: 円118.54 vs. price of 円236.00 (99.1% above fair value)
  • GF Score™: 42/100 with 5 warning signs
  • Industry Position: 58.7% below the Oil & Gas median (#192 of 765)

No single metric tells the full story. See the TSE:5010 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nippon Seiro Co Business Description

Industry EnergyOil & Gas
Address 10 floor number 5 No. 18 Kyobashi Creation, Kyobashi 2-chome, Chuo-ku, Tokyo, JPN
Nippon Seiro Co Ltd is engaged in the manufacturing and sales of petroleum waxes, physically and chemically converted wax products and fuel oil in Japan. The company offers paraffin and microcrystalline wax products, as well as special wax products. These products are used in various applications, such as hotmelt adhesives, paper cups, plastic lubricants, paper converting, rubber antiozonants, and electric insulation.
42GF Score

Get the complete analysis for TSE:5010

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

円236.00
Price
円118.54
GF Value