NIPPON KINZOKU Co (TSE:5491) Cyclically Adjusted PB Ratio: 0.24 (As of Aug. 06, 2026) — 27% Below Median

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TSE:5491 NIPPON KINZOKU Co Ltd TSE:5491
60 GF Score
Price 円922.00
GF Value 円815.75
Valuation Modestly Overvalued
! 5 Warning Signs
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What is NIPPON KINZOKU Co Cyclically Adjusted PB Ratio?

NIPPON KINZOKU Co TSE:5491 60 Cyclically Adjusted PB Ratio is 0.24 as of Aug. 06, 2026, which is 27% below its 10-year median of 0.33. GuruFocus rates TSE:5491 with a GF Score™ of 60/100 and a GF Value™ of 円815.75 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 503 Steel companies, NIPPON KINZOKU Co ranks better than 90.06% on this metric.

As of today (2026-08-06), NIPPON KINZOKU Co's current share price is 円922.00. NIPPON KINZOKU Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar26 was 円3,776.18. NIPPON KINZOKU Co's Cyclically Adjusted PB Ratio for today is 0.24.

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

TSE:5491' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.15   Med: 0.33   Max: 1.42
Current: 0.24

During the past 13 years, NIPPON KINZOKU Co's highest Cyclically Adjusted PB Ratio was 1.42. The lowest was 0.15. And the median was 0.33.

TSE:5491's Cyclically Adjusted PB Ratio is ranked better than
90.06% of 503 companies
in the Steel industry
Industry Median: 0.9 vs TSE:5491: 0.24

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 KINZOKU Co's adjusted book value per share data of for the fiscal year that ended in Mar26 was 円4,521.840. 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3,776.18 for the trailing ten years ended in Mar26.

Shiller PE for Stocks: The True Measure of Stock Valuation


NIPPON KINZOKU Co  (TSE:5491) 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 KINZOKU Co Cyclically Adjusted PB Ratio Related Terms


NIPPON KINZOKU Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for NIPPON KINZOKU 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 KINZOKU Co Cyclically Adjusted PB Ratio Chart

NIPPON KINZOKU 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 0.49 0.31 0.26 0.18 0.23

NIPPON KINZOKU Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 0.26 0.20 0.18 0.00 0.23

TSE:5491 vs NUE, STLD, RS: Cyclically Adjusted PB Ratio Comparison

For the Steel subindustry, NIPPON KINZOKU 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 KINZOKU Co Cyclically Adjusted PB Ratio vs Steel Industry

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

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


TSE:5491
60GF Score
NIPPON KINZOKU Co Ltd TSE:5491
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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NIPPON KINZOKU 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 KINZOKU Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=922.00/3776.18
=0.24

* 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 KINZOKU Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar26 is calculated as:

For example, NIPPON KINZOKU Co's adjusted Book Value per Share data for the fiscal year that ended in Mar26 was:

Adj_Book=Book Value per Share/CPI of Mar26 (Change)*Current CPI (Mar26)
=4521.84/112.7000*112.7000
=4,521.840

Current CPI (Mar26) = 112.7000.

NIPPON KINZOKU Co Annual Data

Book Value per Share CPI Adj_Book
201703 2,646.372 98.100 3,040.226
201803 3,046.740 99.200 3,461.367
201903 3,168.647 99.700 3,581.811
202003 3,062.743 100.300 3,441.387
202103 3,058.560 99.900 3,450.448
202203 3,482.671 101.100 3,882.265
202303 3,652.226 104.400 3,942.585
202403 4,012.847 107.200 4,218.730
202503 4,161.189 111.100 4,221.116
202603 4,521.840 112.700 4,521.840

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 0.24 mean?
NIPPON KINZOKU Co (TSE:5491) has a Cyclically Adjusted PB Ratio of 0.24 as of Aug. 06, 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 KINZOKU Co and its competitors. This is 27% below median its historical median of 0.33. Over the past decade, NIPPON KINZOKU Co's Cyclically Adjusted PB Ratio has ranged from 0.15 to 1.42. According to the industry distribution chart, NIPPON KINZOKU Co ranks #50 out of 503 companies in the Steel industry, placing it in the top 9.9%.
Is NIPPON KINZOKU Co's Cyclically Adjusted PB Ratio too high?
NIPPON KINZOKU Co's current Cyclically Adjusted PB Ratio of 0.24 is 27% below median its 10-year median of 0.33. Over the past 10 years, this metric has ranged from a low of 0.15 to a high of 1.42. The Steel industry median Cyclically Adjusted PB Ratio is 0.90. NIPPON KINZOKU Co's value of 0.24 is 73.3% below this industry median. Based on the distribution chart, NIPPON KINZOKU Co ranks #50 out of 503 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, NIPPON KINZOKU Co has a GF Score™ of 60/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NIPPON KINZOKU Co's Cyclically Adjusted PB Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, NIPPON KINZOKU Co ranks #50 out of 503 companies for Cyclically Adjusted PB Ratio. This places NIPPON KINZOKU Co in the top 10% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 0.90. NIPPON KINZOKU Co's value of 0.24 is 73.3% below this benchmark. Historically, NIPPON KINZOKU Co's own Cyclically Adjusted PB Ratio has ranged from 0.15 to 1.42 over the past decade. While the company's 10-year median is 0.33 vs. the industry median of 0.90, NIPPON KINZOKU 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 Steel company?
The median Cyclically Adjusted PB Ratio among Steel companies is 0.90, based on 503 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 KINZOKU Co's current Cyclically Adjusted PB Ratio of 0.24 is 73.3% 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 KINZOKU Co and its competitors. For the Steel industry, the median Cyclically Adjusted PB Ratio is 0.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NIPPON KINZOKU Co's current Cyclically Adjusted PB Ratio is 0.24, which is 27% below median its own 10-year median of 0.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NIPPON KINZOKU Co stock overvalued right now?
Based on GuruFocus' analysis, NIPPON KINZOKU Co (TSE:5491) is currently considered Modestly Overvalued. The stock's GF Value™ is 円815.75, compared to a current price of 円922.00 — trading 13% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.24, which is 27% below median its 10-year median of 0.33 and 73.3% below the Steel industry median of 0.90. NIPPON KINZOKU Co's overall GF Score™ is 60/100 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 KINZOKU Co (TSE:5491), the current Cyclically Adjusted PB Ratio is 0.24 as of Aug. 06, 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 KINZOKU Co (TSE:5491) Overvalued in 2026?

Based on GuruFocus' analysis, NIPPON KINZOKU Co stock appears to be overvalued. The current stock price of 円922.00 is trading 13% above its estimated GF Value™ of 円815.75. GuruFocus considers NIPPON KINZOKU Co to be Modestly Overvalued.

Key valuation signals for TSE:5491:

  • Cyclically Adjusted PB Ratio: 0.24 (27% below median its 10-year median of 0.33)
  • GF Value™: 円815.75 vs. price of 円922.00 (13% above fair value)
  • GF Score™: 60/100 with 5 warning signs
  • Industry Position: 73.3% below the Steel median (#50 of 503)

No single metric tells the full story. See the TSE:5491 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


NIPPON KINZOKU Co Business Description

Address No. 7, No. 30 5-chome, Minato-ku, G-BASE Tamachi 10th and 11th floors, Shiba, Tokyo, JPN, 108-0014
NIPPON KINZOKU Co Ltd is a Japanese based company engaged in the steel business. It is involved in the manufacturing of cold-rolled stainless steel strip polishing magnesium alloy belt and stainless steel processed products and other titanium alloy magnesium metal products.
60GF Score

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

円922.00
Price
円815.75
GF Value