Nippon Concrete Industries Co (TSE:5269) Cyclically Adjusted PB Ratio: 0.52 (As of Aug. 16, 2026) — Near Median

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TSE:5269 Nippon Concrete Industries Co Ltd TSE:5269
72 GF Score
Price 円374.00
GF Value 円332.95
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Nippon Concrete Industries Co Cyclically Adjusted PB Ratio?

Nippon Concrete Industries Co TSE:5269 +1.08% 72 Cyclically Adjusted PB Ratio is 0.52 as of Aug. 16, 2026, which is 4% above its 10-year median of 0.50. GuruFocus rates TSE:5269 with a GF Score™ of 72/100 and a GF Value™ of 円332.95 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 305 Building Materials companies, Nippon Concrete Industries Co ranks better than 73.44% on this metric.

As of today (2026-08-16), Nippon Concrete Industries Co's current share price is 円374.00. Nippon Concrete Industries Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円719.88. Nippon Concrete Industries Co's Cyclically Adjusted PB Ratio for today is 0.52.

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

TSE:5269' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.33   Med: 0.5   Max: 0.85
Current: 0.52

During the past years, Nippon Concrete Industries Co's highest Cyclically Adjusted PB Ratio was 0.85. The lowest was 0.33. And the median was 0.50.

TSE:5269's Cyclically Adjusted PB Ratio is ranked better than
73.44% of 305 companies
in the Building Materials industry
Industry Median: 0.97 vs TSE:5269: 0.52

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 Concrete Industries Co's adjusted book value per share data for the three months ended in Mar. 2026 was 円841.825. 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719.88 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nippon Concrete Industries Co  (TSE:5269) 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 Concrete Industries Co Cyclically Adjusted PB Ratio Related Terms


Nippon Concrete Industries Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

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

Nippon Concrete Industries 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 0.47 0.40 0.60 0.49 0.44

Nippon Concrete Industries 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 0.41 0.49 0.46 0.44 0.00

TSE:5269 vs CRH, VMC, MLM: Cyclically Adjusted PB Ratio Comparison

For the Building Materials subindustry, Nippon Concrete Industries 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 Concrete Industries Co Cyclically Adjusted PB Ratio vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Nippon Concrete Industries Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TSE:5269
72GF Score
Nippon Concrete Industries Co Ltd TSE:5269
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Nippon Concrete Industries 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 Concrete Industries Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=374.00/719.88
=0.52

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

For example, Nippon Concrete Industries 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)
=841.825/112.7000*112.7000
=841.825

Current CPI (Mar. 2026) = 112.7000.

Nippon Concrete Industries Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 575.024 98.100 660.604
201609 584.429 98.000 672.093
201612 587.502 98.400 672.881
201703 602.129 98.100 691.742
201706 617.981 98.500 707.071
201709 627.735 98.800 716.050
201712 636.367 99.400 721.515
201803 626.202 99.200 711.421
201806 641.648 99.200 728.969
201809 645.607 99.900 728.327
201812 632.073 99.700 714.490
201903 654.720 99.700 740.090
201906 644.570 99.800 727.886
201909 640.463 100.100 721.081
201912 640.636 100.500 718.405
202003 632.930 100.300 711.179
202006 651.421 99.900 734.886
202009 655.247 99.900 739.203
202012 662.277 99.300 751.648
202103 665.377 99.900 750.631
202106 650.554 99.500 736.859
202109 660.258 100.100 743.367
202112 653.414 100.100 735.662
202203 653.946 101.100 728.978
202206 650.603 101.800 720.265
202209 656.483 103.100 717.610
202212 643.643 104.100 696.816
202303 643.717 104.400 694.894
202306 667.384 105.200 714.964
202309 686.130 106.200 728.125
202312 673.104 106.800 710.289
202403 690.708 107.200 726.145
202406 686.579 108.200 715.134
202409 685.557 108.900 709.479
202412 683.145 110.700 695.487
202503 681.079 111.100 690.888
202506 696.926 111.700 703.165
202509 725.436 112.000 729.970
202512 737.262 113.000 735.305
202603 841.825 112.700 841.825

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 0.52 mean?
Nippon Concrete Industries Co (TSE:5269) has a Cyclically Adjusted PB Ratio of 0.52 as of Aug. 16, 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 Concrete Industries Co and its competitors. This is near median its historical median of 0.50. Over the past decade, Nippon Concrete Industries Co's Cyclically Adjusted PB Ratio has ranged from 0.33 to 0.85. According to the industry distribution chart, Nippon Concrete Industries Co ranks #81 out of 305 companies in the Building Materials industry, placing it in the top 26.6%.
Is Nippon Concrete Industries Co's Cyclically Adjusted PB Ratio too high?
Nippon Concrete Industries Co's current Cyclically Adjusted PB Ratio of 0.52 is near median its 10-year median of 0.50. Over the past 10 years, this metric has ranged from a low of 0.33 to a high of 0.85. The Building Materials industry median Cyclically Adjusted PB Ratio is 0.97. Nippon Concrete Industries Co's value of 0.52 is 46.4% below this industry median. Based on the distribution chart, Nippon Concrete Industries Co ranks #81 out of 305 companies in the Building Materials industry, which is above the industry midpoint. Overall, Nippon Concrete Industries Co has a GF Score™ of 72/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nippon Concrete Industries Co's Cyclically Adjusted PB Ratio compare to CRH and VMC?
According to the Building Materials industry distribution chart, Nippon Concrete Industries Co ranks #81 out of 305 companies for Cyclically Adjusted PB Ratio. This puts Nippon Concrete Industries Co in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.97. Nippon Concrete Industries Co's value of 0.52 is 46.4% below this benchmark. Historically, Nippon Concrete Industries Co's own Cyclically Adjusted PB Ratio has ranged from 0.33 to 0.85 over the past decade. While the company's 10-year median is 0.50 vs. the industry median of 0.97, Nippon Concrete Industries 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 a Building Materials company?
The median Cyclically Adjusted PB Ratio among Building Materials companies is 0.97, based on 305 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 Concrete Industries Co's current Cyclically Adjusted PB Ratio of 0.52 is 46.4% 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 Concrete Industries Co and its competitors. For the Building Materials industry, the median Cyclically Adjusted PB Ratio is 0.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nippon Concrete Industries Co's current Cyclically Adjusted PB Ratio is 0.52, which is near median its own 10-year median of 0.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon Concrete Industries Co stock overvalued right now?
Based on GuruFocus' analysis, Nippon Concrete Industries Co (TSE:5269) is currently considered Modestly Overvalued. The stock's GF Value™ is 円332.95, compared to a current price of 円374.00 — trading 12.3% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.52, which is near median its 10-year median of 0.50 and 46.4% below the Building Materials industry median of 0.97. Nippon Concrete Industries Co's overall GF Score™ is 72/100 with 6 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 Concrete Industries Co (TSE:5269), the current Cyclically Adjusted PB Ratio is 0.52 as of Aug. 16, 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 Concrete Industries Co (TSE:5269) Overvalued in 2026?

Based on GuruFocus' analysis, Nippon Concrete Industries Co stock appears to be overvalued. The current stock price of 円374.00 is trading 12.3% above its estimated GF Value™ of 円332.95. GuruFocus considers Nippon Concrete Industries Co to be Modestly Overvalued.

Key valuation signals for TSE:5269:

  • Cyclically Adjusted PB Ratio: 0.52 (near median its 10-year median of 0.50)
  • GF Value™: 円332.95 vs. price of 円374.00 (12.3% above fair value)
  • GF Score™: 72/100 with 6 warning signs
  • Industry Position: 46.4% below the Building Materials median (#81 of 305)

No single metric tells the full story. See the TSE:5269 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nippon Concrete Industries Co Business Description

Address 4-6-14 Shibaura, NC Shibaura Building, Minatoku, Tokyo, JPN, 108-0023
Nippon Concrete Industries Co Ltd is a Japan-based company operating in the basic material sector. It is engaged in the production, sales, and marketing of various construction and building materials. Products offered by the company include concrete poles, foundations, precast concrete wall, civil engineering products, precast building material and sound absorber materials. Nippon has world-wide operations with a presence in Myanmar, Indonesia, China, and Korea.
72GF Score

Get the complete analysis for TSE:5269

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

円374.00
Price
円332.95
GF Value