Nippon Chuzo K.K. (TSE:5609) Cyclically Adjusted PB Ratio: 0.39 (As of Aug. 08, 2026) — Near Median

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TSE:5609 Nippon Chuzo K.K. TSE:5609
65 GF Score
Price 円915.00
GF Value 円748.50
Valuation Modestly Overvalued
! 8 Warning Signs
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What is Nippon Chuzo K.K. Cyclically Adjusted PB Ratio?

Nippon Chuzo K.K. TSE:5609 -0.87% 65 Cyclically Adjusted PB Ratio is 0.39 as of Aug. 08, 2026, which is 3% below its 10-year median of 0.40. GuruFocus rates TSE:5609 with a GF Score™ of 65/100 and a GF Value™ of 円748.50 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 500 Steel companies, Nippon Chuzo K.K. ranks better than 77.2% on this metric.

As of today (2026-08-08), Nippon Chuzo K.K.'s current share price is 円915.00. Nippon Chuzo K.K.'s Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円2,371.98. Nippon Chuzo K.K.'s Cyclically Adjusted PB Ratio for today is 0.39.

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

TSE:5609' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.23   Med: 0.4   Max: 0.91
Current: 0.39

During the past years, Nippon Chuzo K.K.'s highest Cyclically Adjusted PB Ratio was 0.91. The lowest was 0.23. And the median was 0.40.

TSE:5609's Cyclically Adjusted PB Ratio is ranked better than
77.2% of 500 companies
in the Steel industry
Industry Median: 0.9 vs TSE:5609: 0.39

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 Chuzo K.K.'s adjusted book value per share data for the three months ended in Mar. 2026 was 円2,423.356. 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2,371.98 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nippon Chuzo K.K.  (TSE:5609) 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 Chuzo K.K. Cyclically Adjusted PB Ratio Related Terms


Nippon Chuzo K.K. Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Nippon Chuzo K.K.'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 Chuzo K.K. Cyclically Adjusted PB Ratio Chart

Nippon Chuzo K.K. 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 0.39 0.40 0.45 0.36 0.35

Nippon Chuzo K.K. Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 0.00 0.00 0.00 0.35 0.00

TSE:5609 vs NUE, STLD, RS: Cyclically Adjusted PB Ratio Comparison

For the Steel subindustry, Nippon Chuzo K.K.'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 Chuzo K.K. Cyclically Adjusted PB Ratio vs Steel Industry

For the Steel industry and Basic Materials sector, Nippon Chuzo K.K.'s Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TSE:5609
65GF Score
Nippon Chuzo K.K. TSE:5609
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nippon Chuzo K.K. 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 Chuzo K.K.'s Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=915.00/2371.98
=0.39

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

For example, Nippon Chuzo K.K.'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)
=2423.356/112.7000*112.7000
=2,423.356

Current CPI (Mar. 2026) = 112.7000.

Nippon Chuzo K.K. Quarterly Data

Book Value per Share CPI Adj_Book
201603 2,020.460 97.900 2,325.902
201606 1,982.268 98.100 2,277.284
201609 1,981.878 98.000 2,279.160
201612 1,977.786 98.400 2,265.208
201703 1,847.428 98.100 2,122.377
201706 1,836.321 98.500 2,101.050
201709 1,881.528 98.800 2,146.237
201712 1,961.419 99.400 2,223.862
201803 1,955.378 99.200 2,221.483
201806 1,949.922 99.200 2,215.284
201809 1,972.525 99.900 2,225.261
201812 1,986.555 99.700 2,245.584
201903 2,020.070 99.700 2,283.469
201906 1,981.684 99.800 2,237.834
201909 1,975.838 100.100 2,224.545
201912 2,014.030 100.500 2,258.519
202003 2,022.993 100.300 2,273.094
202006 2,008.769 99.900 2,266.149
202009 2,015.199 99.900 2,273.403
202012 2,058.846 99.300 2,336.676
202103 2,097.038 99.900 2,365.728
202106 2,078.932 99.500 2,354.730
202109 2,108.340 100.100 2,373.725
202112 2,145.557 100.100 2,415.627
202203 2,192.750 101.100 2,444.341
202206 2,169.815 101.800 2,402.143
202209 2,236.880 103.100 2,445.164
202212 2,287.578 104.100 2,476.561
202303 2,357.395 104.400 2,544.812
202306 2,364.032 105.200 2,532.570
202309 2,331.052 106.200 2,473.725
202312 2,394.317 106.800 2,526.587
202403 2,464.012 107.200 2,590.431
202406 2,533.478 108.200 2,638.844
202409 2,416.719 108.900 2,501.049
202503 2,415.889 111.100 2,450.681
202506 2,500.000 111.700 2,522.381
202509 2,436.839 112.000 2,452.069
202512 2,428.957 113.000 2,422.508
202603 2,423.356 112.700 2,423.356

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 0.39 mean?
Nippon Chuzo K.K. (TSE:5609) has a Cyclically Adjusted PB Ratio of 0.39 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 Nippon Chuzo K.K. and its competitors. This is near median its historical median of 0.40. Over the past decade, Nippon Chuzo K.K.'s Cyclically Adjusted PB Ratio has ranged from 0.23 to 0.91. According to the industry distribution chart, Nippon Chuzo K.K. ranks #114 out of 500 companies in the Steel industry, placing it in the top 22.8%.
Is Nippon Chuzo K.K.'s Cyclically Adjusted PB Ratio too high?
Nippon Chuzo K.K.'s current Cyclically Adjusted PB Ratio of 0.39 is near median its 10-year median of 0.40. Over the past 10 years, this metric has ranged from a low of 0.23 to a high of 0.91. The Steel industry median Cyclically Adjusted PB Ratio is 0.90. Nippon Chuzo K.K.'s value of 0.39 is 56.7% below this industry median. Based on the distribution chart, Nippon Chuzo K.K. ranks #114 out of 500 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Nippon Chuzo K.K. has a GF Score™ of 65/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nippon Chuzo K.K.'s Cyclically Adjusted PB Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Nippon Chuzo K.K. ranks #114 out of 500 companies for Cyclically Adjusted PB Ratio. This places Nippon Chuzo K.K. in the top 23% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 0.90. Nippon Chuzo K.K.'s value of 0.39 is 56.7% below this benchmark. Historically, Nippon Chuzo K.K.'s own Cyclically Adjusted PB Ratio has ranged from 0.23 to 0.91 over the past decade. While the company's 10-year median is 0.40 vs. the industry median of 0.90, Nippon Chuzo K.K. 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 500 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 Chuzo K.K.'s current Cyclically Adjusted PB Ratio of 0.39 is 56.7% 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 Chuzo K.K. 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 Chuzo K.K.'s current Cyclically Adjusted PB Ratio is 0.39, which is near median its own 10-year median of 0.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon Chuzo K.K. stock overvalued right now?
Based on GuruFocus' analysis, Nippon Chuzo K.K. (TSE:5609) is currently considered Modestly Overvalued. The stock's GF Value™ is 円748.50, compared to a current price of 円915.00 — trading 22.2% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.39, which is near median its 10-year median of 0.40 and 56.7% below the Steel industry median of 0.90. Nippon Chuzo K.K.'s overall GF Score™ is 65/100 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 Chuzo K.K. (TSE:5609), the current Cyclically Adjusted PB Ratio is 0.39 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 Nippon Chuzo K.K. (TSE:5609) Overvalued in 2026?

Based on GuruFocus' analysis, Nippon Chuzo K.K. stock appears to be overvalued. The current stock price of 円915.00 is trading 22.2% above its estimated GF Value™ of 円748.50. GuruFocus considers Nippon Chuzo K.K. to be Modestly Overvalued.

Key valuation signals for TSE:5609:

  • Cyclically Adjusted PB Ratio: 0.39 (near median its 10-year median of 0.40)
  • GF Value™: 円748.50 vs. price of 円915.00 (22.2% above fair value)
  • GF Score™: 65/100 with 8 warning signs
  • Industry Position: 56.7% below the Steel median (#114 of 500)

No single metric tells the full story. See the TSE:5609 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nippon Chuzo K.K. Business Description

Address Shiraishi town 2-1, Kawasaki, JPN, 210-9567
Nippon Chuzo K.K. is a Japan-based company mainly engaged in the manufacturing and sale of forged products. It operates in three business divisions, including the Material product division that is engaged in the manufacturing of castings and fabricated materials, particularly for casting machinery. The Engineering division designs and manufactures bridge support and expansion device. And the Construction materials division manages fixed column foot construction.
65GF Score

Get the complete analysis for TSE:5609

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

円915.00
Price
円748.50
GF Value