Nittoku Co (TSE:6145) Cyclically Adjusted PB Ratio: 1.43 (As of Aug. 10, 2026) — 24% Below Median

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TSE:6145 Nittoku Co Ltd TSE:6145
88 GF Score
Price 円2,737.00
GF Value 円3,001.80
Valuation Fairly Valued
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What is Nittoku Co Cyclically Adjusted PB Ratio?

Nittoku Co TSE:6145 -2.32% 88 Cyclically Adjusted PB Ratio is 1.43 as of Aug. 10, 2026, which is 24% below its 10-year median of 1.87. GuruFocus rates TSE:6145 with a GF Score™ of 88/100 and a GF Value™ of 円3,001.80 (Fairly Valued). Among 2,242 Industrial Products companies, Nittoku Co ranks better than 64.76% on this metric.

As of today (2026-08-10), Nittoku Co's current share price is 円2737.00. Nittoku Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円1,911.53. Nittoku Co's Cyclically Adjusted PB Ratio for today is 1.43.

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

TSE:6145' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.87   Med: 1.87   Max: 3.8
Current: 1.43

During the past years, Nittoku Co's highest Cyclically Adjusted PB Ratio was 3.80. The lowest was 0.87. And the median was 1.87.

TSE:6145's Cyclically Adjusted PB Ratio is ranked better than
64.76% of 2242 companies
in the Industrial Products industry
Industry Median: 2.195 vs TSE:6145: 1.43

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.

Nittoku Co's adjusted book value per share data for the three months ended in Mar. 2026 was 円2,385.682. 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1,911.53 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nittoku Co  (TSE:6145) 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.


Nittoku Co Cyclically Adjusted PB Ratio Related Terms


Nittoku Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Nittoku 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.

Nittoku Co Cyclically Adjusted PB Ratio Chart

Nittoku 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 1.91 1.95 1.22 1.18 1.13

Nittoku Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 1.18 0.99 1.24 1.28 1.13

TSE:6145 vs GEV, ETN, PH: Cyclically Adjusted PB Ratio Comparison

For the Specialty Industrial Machinery subindustry, Nittoku 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.


Nittoku Co Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Nittoku Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TSE:6145
88GF Score
Nittoku Co Ltd TSE:6145
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nittoku 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2737.00/1911.53
=1.43

* 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.

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

For example, Nittoku 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)
=2385.682/112.7000*112.7000
=2,385.682

Current CPI (Mar. 2026) = 112.7000.

Nittoku Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 1,145.532 98.100 1,316.019
201609 1,179.768 98.000 1,356.733
201612 1,217.196 98.400 1,394.085
201703 1,270.099 98.100 1,459.125
201706 1,293.810 98.500 1,480.329
201709 1,379.691 98.800 1,573.797
201712 1,413.820 99.400 1,602.993
201803 1,451.245 99.200 1,648.743
201806 1,459.474 99.200 1,658.092
201809 1,489.513 99.900 1,680.362
201812 1,471.836 99.700 1,663.750
201903 1,554.324 99.700 1,756.994
201906 1,539.410 99.800 1,738.392
201909 1,600.789 100.100 1,802.287
201912 1,609.519 100.500 1,804.903
202003 1,615.638 100.300 1,815.378
202006 1,618.041 99.900 1,825.358
202009 1,661.768 99.900 1,874.687
202012 1,676.023 99.300 1,902.193
202103 1,742.680 99.900 1,965.966
202106 1,722.588 99.500 1,951.112
202109 1,731.278 100.100 1,949.201
202112 1,791.720 100.100 2,017.251
202203 1,862.622 101.100 2,076.335
202206 1,851.829 101.800 2,050.109
202209 1,905.076 103.100 2,082.464
202212 1,899.264 104.100 2,056.168
202303 1,976.698 104.400 2,133.849
202306 1,996.402 105.200 2,138.731
202309 2,066.696 106.200 2,193.189
202312 2,058.508 106.800 2,172.227
202403 2,181.944 107.200 2,293.891
202406 2,173.918 108.200 2,264.330
202409 2,133.853 108.900 2,208.313
202412 2,174.667 110.700 2,213.956
202503 2,156.709 111.100 2,187.769
202506 2,153.924 111.700 2,173.207
202509 2,253.882 112.000 2,267.969
202512 2,331.516 113.000 2,325.326
202603 2,385.682 112.700 2,385.682

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 1.43 mean?
Nittoku Co (TSE:6145) has a Cyclically Adjusted PB Ratio of 1.43 as of Aug. 10, 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 Nittoku Co and its competitors. This is 24% below median its historical median of 1.87. Over the past decade, Nittoku Co's Cyclically Adjusted PB Ratio has ranged from 0.87 to 3.80. According to the industry distribution chart, Nittoku Co ranks #790 out of 2242 companies in the Industrial Products industry, placing it in the top 35.2%.
Is Nittoku Co's Cyclically Adjusted PB Ratio too high?
Nittoku Co's current Cyclically Adjusted PB Ratio of 1.43 is 24% below median its 10-year median of 1.87. Over the past 10 years, this metric has ranged from a low of 0.87 to a high of 3.80. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.20. Nittoku Co's value of 1.43 is 34.9% below this industry median. Based on the distribution chart, Nittoku Co ranks #790 out of 2242 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Nittoku Co has a GF Score™ of 88/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nittoku Co's Cyclically Adjusted PB Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Nittoku Co ranks #790 out of 2242 companies for Cyclically Adjusted PB Ratio. This puts Nittoku Co in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.20. Nittoku Co's value of 1.43 is 34.9% below this benchmark. Historically, Nittoku Co's own Cyclically Adjusted PB Ratio has ranged from 0.87 to 3.80 over the past decade. While the company's 10-year median is 1.87 vs. the industry median of 2.20, Nittoku 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 Industrial Products company?
The median Cyclically Adjusted PB Ratio among Industrial Products companies is 2.20, based on 2,242 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. Nittoku Co's current Cyclically Adjusted PB Ratio of 1.43 is 34.9% 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 Nittoku Co and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nittoku Co's current Cyclically Adjusted PB Ratio is 1.43, which is 24% below median its own 10-year median of 1.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nittoku Co stock overvalued right now?
Based on GuruFocus' analysis, Nittoku Co (TSE:6145) is currently considered Fairly Valued. The stock's GF Value™ is 円3,001.80, compared to a current price of 円2,737.00 — trading 8.8% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.43, which is 24% below median its 10-year median of 1.87 and 34.9% below the Industrial Products industry median of 2.20. Nittoku Co's overall GF Score™ is 88/100. 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 Nittoku Co (TSE:6145), the current Cyclically Adjusted PB Ratio is 1.43 as of Aug. 10, 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 Nittoku Co (TSE:6145) Overvalued in 2026?

Based on GuruFocus' analysis, Nittoku Co stock appears to be undervalued. The current stock price of 円2,737.00 is trading 8.8% below its estimated GF Value™ of 円3,001.80. GuruFocus considers Nittoku Co to be Fairly Valued.

Key valuation signals for TSE:6145:

  • Cyclically Adjusted PB Ratio: 1.43 (24% below median its 10-year median of 1.87)
  • GF Value™: 円3,001.80 vs. price of 円2,737.00 (8.8% below fair value)
  • GF Score™: 88/100
  • Industry Position: 34.9% below the Industrial Products median (#790 of 2242)

No single metric tells the full story. See the TSE:6145 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nittoku Co Business Description

Address 292-1 Higashimachi, Omiya-ku, Saitama Prefecture, Saitama, JPN, 3368561
Nittoku Co Ltd is a Japan-based company engaged in the manufacturing and sale of coil winding machines and peripheral systems. It also engaged in the factory automation systems and contactless smart cards and parts thereof. The product portfolio of the company includes Relay, Injector coil, Pick up coil, Bobbinless coil, and IC Card among others. The company operates in two reportable segments are the NICS business and the contactless IC tag and card business.
88GF Score

Get the complete analysis for TSE:6145

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

円2,737.00
Price
円3,001.80
GF Value