Nitto Kohki Co (TSE:6151) Cyclically Adjusted PB Ratio: 0.57 (As of Jul. 31, 2026) — 30% Below Median

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TSE:6151 Nitto Kohki Co Ltd TSE:6151
73 GF Score
Price 円1,711.00
GF Value 円2,017.59
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Nitto Kohki Co Cyclically Adjusted PB Ratio?

Nitto Kohki Co TSE:6151 -0.47% 73 Cyclically Adjusted PB Ratio is 0.57 as of Jul. 31, 2026, which is 30% below its 10-year median of 0.82. GuruFocus rates TSE:6151 with a GF Score™ of 73/100 and a GF Value™ of 円2,017.59 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 2,266 Industrial Products companies, Nitto Kohki Co ranks better than 86.63% on this metric.

As of today (2026-07-31), Nitto Kohki Co's current share price is 円1711.00. Nitto Kohki Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円2,981.96. Nitto Kohki Co's Cyclically Adjusted PB Ratio for today is 0.57.

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

TSE:6151' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.53   Med: 0.82   Max: 1.53
Current: 0.57

During the past years, Nitto Kohki Co's highest Cyclically Adjusted PB Ratio was 1.53. The lowest was 0.53. And the median was 0.82.

TSE:6151's Cyclically Adjusted PB Ratio is ranked better than
86.63% of 2266 companies
in the Industrial Products industry
Industry Median: 2.08 vs TSE:6151: 0.57

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.

Nitto Kohki Co's adjusted book value per share data for the three months ended in Mar. 2026 was 円3,248.374. 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2,981.96 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nitto Kohki Co  (TSE:6151) 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.


Nitto Kohki Co Cyclically Adjusted PB Ratio Related Terms


Nitto Kohki Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Nitto Kohki 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.

Nitto Kohki Co Cyclically Adjusted PB Ratio Chart

Nitto Kohki 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 0.65 0.71 0.72 0.64 0.54

Nitto Kohki 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 0.64 0.63 0.60 0.62 0.54

TSE:6151 vs GEV, ETN, PH: Cyclically Adjusted PB Ratio Comparison

For the Specialty Industrial Machinery subindustry, Nitto Kohki 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.


Nitto Kohki Co Cyclically Adjusted PB Ratio vs Industrial Products Industry

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

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


TSE:6151
73GF Score
Nitto Kohki Co Ltd TSE:6151
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nitto Kohki 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1711.00/2981.96
=0.57

* 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.

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

For example, Nitto Kohki 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)
=3248.374/112.7000*112.7000
=3,248.374

Current CPI (Mar. 2026) = 112.7000.

Nitto Kohki Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 2,248.870 98.100 2,583.564
201609 2,260.495 98.000 2,599.569
201612 2,270.473 98.400 2,600.430
201703 2,340.879 98.100 2,689.267
201706 2,357.587 98.500 2,697.462
201709 2,416.133 98.800 2,756.055
201712 2,451.995 99.400 2,780.079
201803 2,484.940 99.200 2,823.112
201806 2,468.844 99.200 2,804.826
201809 2,528.709 99.900 2,852.708
201812 2,529.273 99.700 2,859.068
201903 2,559.959 99.700 2,893.755
201906 2,565.324 99.800 2,896.914
201909 2,599.943 100.100 2,927.209
201912 2,602.915 100.500 2,918.891
202003 2,620.568 100.300 2,944.546
202006 2,606.986 99.900 2,941.014
202009 2,641.776 99.900 2,980.262
202012 2,648.874 99.300 3,006.325
202103 2,685.938 99.900 3,030.082
202106 2,706.688 99.500 3,065.766
202109 2,739.120 100.100 3,083.904
202112 2,738.725 100.100 3,083.460
202203 2,746.414 101.100 3,061.532
202206 2,786.239 101.800 3,084.569
202209 2,836.907 103.100 3,101.061
202212 2,862.290 104.100 3,098.752
202303 2,886.504 104.400 3,115.987
202306 2,924.708 105.200 3,133.219
202309 2,986.085 106.200 3,168.849
202312 2,988.716 106.800 3,153.823
202403 3,022.259 107.200 3,177.319
202406 3,094.208 108.200 3,222.895
202409 3,103.185 108.900 3,211.469
202412 3,094.795 110.700 3,150.708
202503 3,108.422 111.100 3,153.188
202506 3,052.100 111.700 3,079.424
202509 3,088.223 112.000 3,107.524
202512 3,200.064 113.000 3,191.568
202603 3,248.374 112.700 3,248.374

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 0.57 mean?
Nitto Kohki Co (TSE:6151) has a Cyclically Adjusted PB Ratio of 0.57 as of Jul. 31, 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 Nitto Kohki Co and its competitors. This is 30% below median its historical median of 0.82. Over the past decade, Nitto Kohki Co's Cyclically Adjusted PB Ratio has ranged from 0.53 to 1.53. According to the industry distribution chart, Nitto Kohki Co ranks #303 out of 2266 companies in the Industrial Products industry, placing it in the top 13.4%.
Is Nitto Kohki Co's Cyclically Adjusted PB Ratio too high?
Nitto Kohki Co's current Cyclically Adjusted PB Ratio of 0.57 is 30% below median its 10-year median of 0.82. Over the past 10 years, this metric has ranged from a low of 0.53 to a high of 1.53. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.08. Nitto Kohki Co's value of 0.57 is 72.6% below this industry median. Based on the distribution chart, Nitto Kohki Co ranks #303 out of 2266 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Nitto Kohki Co has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nitto Kohki Co's Cyclically Adjusted PB Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Nitto Kohki Co ranks #303 out of 2266 companies for Cyclically Adjusted PB Ratio. This places Nitto Kohki Co in the top 13% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 2.08. Nitto Kohki Co's value of 0.57 is 72.6% below this benchmark. Historically, Nitto Kohki Co's own Cyclically Adjusted PB Ratio has ranged from 0.53 to 1.53 over the past decade. While the company's 10-year median is 0.82 vs. the industry median of 2.08, Nitto Kohki 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 2.08, based on 2,266 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. Nitto Kohki Co's current Cyclically Adjusted PB Ratio of 0.57 is 72.6% 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 Nitto Kohki Co and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nitto Kohki Co's current Cyclically Adjusted PB Ratio is 0.57, which is 30% below median its own 10-year median of 0.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nitto Kohki Co stock overvalued right now?
Based on GuruFocus' analysis, Nitto Kohki Co (TSE:6151) is currently considered Modestly Undervalued. The stock's GF Value™ is 円2,017.59, compared to a current price of 円1,711.00 — trading 15.2% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.57, which is 30% below median its 10-year median of 0.82 and 72.6% below the Industrial Products industry median of 2.08. Nitto Kohki Co's overall GF Score™ is 73/100 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 Nitto Kohki Co (TSE:6151), the current Cyclically Adjusted PB Ratio is 0.57 as of Jul. 31, 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 Nitto Kohki Co (TSE:6151) Overvalued in 2026?

Based on GuruFocus' analysis, Nitto Kohki Co stock appears to be undervalued. The current stock price of 円1,711.00 is trading 15.2% below its estimated GF Value™ of 円2,017.59. GuruFocus considers Nitto Kohki Co to be Modestly Undervalued.

Key valuation signals for TSE:6151:

  • Cyclically Adjusted PB Ratio: 0.57 (30% below median its 10-year median of 0.82)
  • GF Value™: 円2,017.59 vs. price of 円1,711.00 (15.2% below fair value)
  • GF Score™: 73/100 with 5 warning signs
  • Industry Position: 72.6% below the Industrial Products median (#303 of 2266)

No single metric tells the full story. See the TSE:6151 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nitto Kohki Co Business Description

Address 9-4, Nakaikegami 2-Chome, Ohta-ku, Tokyo, JPN, 146-8555
Nitto Kohki Co Ltd is a Japan-based company that operates in four segments. The couplings segment develops, manufactures, and sells quick-connecting fluid couplings under the Cupla brand. The machine tools segment manufactures machine tools for various functions including drilling, cutting, sanding, chamfering, and so on. The linear pumps segment manufactures and sells pump products that are incorporated into equipment in the housing, medical healthcare, hair, and various other fields. The door closers segment offers various door-closer products utilized in different kinds of doors. The company generates the majority of its sales from the Japanese domestic market, and the rest from overseas markets.
73GF Score

Get the complete analysis for TSE:6151

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

円1,711.00
Price
円2,017.59
GF Value