Nippon Yakin kogyo Co (TSE:5480) Cyclically Adjusted PB Ratio: 1.17 (As of Aug. 12, 2026) — 18% Above Median

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TSE:5480 Nippon Yakin kogyo Co Ltd TSE:5480
69 GF Score
Price 円5,430.00
GF Value 円3,761.93
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Nippon Yakin kogyo Co Cyclically Adjusted PB Ratio?

Nippon Yakin kogyo Co TSE:5480 -1.63% 69 Cyclically Adjusted PB Ratio is 1.17 as of Aug. 12, 2026, which is 18% above its 10-year median of 0.99. GuruFocus rates TSE:5480 with a GF Score™ of 69/100 and a GF Value™ of 円3,761.93 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 494 Steel companies, Nippon Yakin kogyo Co ranks worse than 59.72% on this metric.

As of today (2026-08-12), Nippon Yakin kogyo Co's current share price is 円5430.00. Nippon Yakin kogyo Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円4,641.86. Nippon Yakin kogyo Co's Cyclically Adjusted PB Ratio for today is 1.17.

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

TSE:5480' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.5   Med: 0.99   Max: 1.56
Current: 1.19

During the past years, Nippon Yakin kogyo Co's highest Cyclically Adjusted PB Ratio was 1.56. The lowest was 0.50. And the median was 0.99.

TSE:5480's Cyclically Adjusted PB Ratio is ranked worse than
59.72% of 494 companies
in the Steel industry
Industry Median: 0.915 vs TSE:5480: 1.19

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 Yakin kogyo Co's adjusted book value per share data for the three months ended in Mar. 2026 was 円7,298.109. 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4,641.86 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nippon Yakin kogyo Co  (TSE:5480) 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 Yakin kogyo Co Cyclically Adjusted PB Ratio Related Terms


Nippon Yakin kogyo Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

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

Nippon Yakin kogyo 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 1.02 1.37 1.35 1.01 1.00

Nippon Yakin kogyo 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 0.94 0.98 1.00 1.00 0.00

TSE:5480 vs NUE, STLD, RS: Cyclically Adjusted PB Ratio Comparison

For the Steel subindustry, Nippon Yakin kogyo 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 Yakin kogyo Co Cyclically Adjusted PB Ratio vs Steel Industry

For the Steel industry and Basic Materials sector, Nippon Yakin kogyo Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TSE:5480
69GF Score
Nippon Yakin kogyo Co Ltd TSE:5480
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=5430.00/4641.86
=1.17

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

For example, Nippon Yakin kogyo 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)
=7298.109/112.7000*112.7000
=7,298.109

Current CPI (Mar. 2026) = 112.7000.

Nippon Yakin kogyo Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 2,192.099 98.100 2,518.344
201609 2,219.837 98.000 2,552.813
201612 2,295.487 98.400 2,629.079
201703 2,385.063 98.100 2,740.027
201706 2,439.056 98.500 2,790.676
201709 2,388.361 98.800 2,724.375
201712 2,572.454 99.400 2,916.656
201803 2,704.429 99.200 3,072.471
201806 2,820.175 99.200 3,203.969
201809 2,974.006 99.900 3,355.060
201812 2,995.474 99.700 3,386.057
201903 3,099.580 99.700 3,503.738
201906 3,113.505 99.800 3,515.952
201909 3,202.701 100.100 3,605.838
201912 3,308.959 100.500 3,710.644
202003 3,368.362 100.300 3,784.790
202006 3,398.735 99.900 3,834.209
202009 3,446.831 99.900 3,888.467
202012 3,530.109 99.300 4,006.478
202103 3,629.074 99.900 4,094.060
202106 3,836.571 99.500 4,345.543
202109 3,992.044 100.100 4,494.539
202112 4,187.960 100.100 4,715.116
202203 4,121.254 101.100 4,594.118
202206 4,222.408 101.800 4,674.513
202209 4,638.060 103.100 5,069.926
202212 5,033.378 104.100 5,449.200
202303 5,324.995 104.400 5,748.342
202306 5,579.970 105.200 5,977.782
202309 5,899.157 106.200 6,260.217
202312 5,933.859 106.800 6,261.666
202403 6,187.919 107.200 6,505.396
202406 6,395.823 108.200 6,661.823
202409 6,541.237 108.900 6,769.490
202412 6,675.447 110.700 6,796.051
202503 6,845.569 111.100 6,944.155
202506 6,948.118 111.700 7,010.321
202509 7,095.712 112.000 7,140.060
202512 7,143.496 113.000 7,124.531
202603 7,298.109 112.700 7,298.109

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 1.17 mean?
Nippon Yakin kogyo Co (TSE:5480) has a Cyclically Adjusted PB Ratio of 1.17 as of Aug. 12, 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 Yakin kogyo Co and its competitors. This is 18% above median its historical median of 0.99. Over the past decade, Nippon Yakin kogyo Co's Cyclically Adjusted PB Ratio has ranged from 0.50 to 1.56. According to the industry distribution chart, Nippon Yakin kogyo Co ranks #295 out of 494 companies in the Steel industry, placing it in the top 59.7%.
Is Nippon Yakin kogyo Co's Cyclically Adjusted PB Ratio too high?
Nippon Yakin kogyo Co's current Cyclically Adjusted PB Ratio of 1.17 is 18% above median its 10-year median of 0.99. Over the past 10 years, this metric has ranged from a low of 0.50 to a high of 1.56. The Steel industry median Cyclically Adjusted PB Ratio is 0.92. Nippon Yakin kogyo Co's value of 1.17 is 27.9% above this industry median. Based on the distribution chart, Nippon Yakin kogyo Co ranks #295 out of 494 companies in the Steel industry, which is below the industry midpoint. Overall, Nippon Yakin kogyo Co has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nippon Yakin kogyo Co's Cyclically Adjusted PB Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Nippon Yakin kogyo Co ranks #295 out of 494 companies for Cyclically Adjusted PB Ratio. This places Nippon Yakin kogyo Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.92. Nippon Yakin kogyo Co's value of 1.17 is 27.9% above this benchmark. Historically, Nippon Yakin kogyo Co's own Cyclically Adjusted PB Ratio has ranged from 0.50 to 1.56 over the past decade. While the company's 10-year median is 0.99 vs. the industry median of 0.92, Nippon Yakin kogyo 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 Steel company?
The median Cyclically Adjusted PB Ratio among Steel companies is 0.92, based on 494 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 Yakin kogyo Co's current Cyclically Adjusted PB Ratio of 1.17 is 27.9% 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 Nippon Yakin kogyo Co and its competitors. For the Steel industry, the median Cyclically Adjusted PB Ratio is 0.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nippon Yakin kogyo Co's current Cyclically Adjusted PB Ratio is 1.17, which is 18% above median its own 10-year median of 0.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon Yakin kogyo Co stock overvalued right now?
Based on GuruFocus' analysis, Nippon Yakin kogyo Co (TSE:5480) is currently considered Significantly Overvalued. The stock's GF Value™ is 円3,761.93, compared to a current price of 円5,430.00 — trading 44.3% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.17, which is 18% above median its 10-year median of 0.99 and 27.9% above the Steel industry median of 0.92. Nippon Yakin kogyo Co's overall GF Score™ is 69/100 with 8 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 Yakin kogyo Co (TSE:5480), the current Cyclically Adjusted PB Ratio is 1.17 as of Aug. 12, 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 Yakin kogyo Co (TSE:5480) Overvalued in 2026?

Based on GuruFocus' analysis, Nippon Yakin kogyo Co stock appears to be overvalued. The current stock price of 円5,430.00 is trading 44.3% above its estimated GF Value™ of 円3,761.93. GuruFocus considers Nippon Yakin kogyo Co to be Significantly Overvalued.

Key valuation signals for TSE:5480:

  • Cyclically Adjusted PB Ratio: 1.17 (18% above median its 10-year median of 0.99)
  • GF Value™: 円3,761.93 vs. price of 円5,430.00 (44.3% above fair value)
  • GF Score™: 69/100 with 8 warning signs
  • Industry Position: 27.9% above the Steel median (#295 of 494)

No single metric tells the full story. See the TSE:5480 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nippon Yakin kogyo Co Business Description

Address Sanei Building, 5-8, Kyobashi 1-chome, Chuo-ku, Tokyo, JPN, 1048365
Nippon Yakin kogyo Co Ltd engages in the manufacture and sale of stainless steel, specialty steel, and processed stainless steel products. Its products include stainless and heat-resistant steel plates, soft magnetic alloys, non-magnetic alloys, strips, bars, pipes, and forgings; ferro nickel and high nickel steel alloy; NAS coat for roofs, checker plate, angle, flat bar, and processed stainless steel products.
69GF Score

Get the complete analysis for TSE:5480

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

円5,430.00
Price
円3,761.93
GF Value