Nakamura Choukou Co (TSE:6166) Cyclically Adjusted PB Ratio: 1.93 (As of Aug. 08, 2026) — 147% Above Median

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TSE:6166 Nakamura Choukou Co Ltd TSE:6166
54 GF Score
Price 円636.00
GF Value 円369.79
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Nakamura Choukou Co Cyclically Adjusted PB Ratio?

Nakamura Choukou Co TSE:6166 +2.25% 54 Cyclically Adjusted PB Ratio is 1.93 as of Aug. 08, 2026, which is 147% above its 10-year median of 0.78. GuruFocus rates TSE:6166 with a GF Score™ of 54/100 and a GF Value™ of 円369.79 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 2,252 Industrial Products companies, Nakamura Choukou Co ranks better than 55.11% on this metric.

As of today (2026-08-08), Nakamura Choukou Co's current share price is 円636.00. Nakamura Choukou Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円329.07. Nakamura Choukou Co's Cyclically Adjusted PB Ratio for today is 1.93.

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

TSE:6166' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.55   Med: 0.78   Max: 2.83
Current: 1.82

During the past years, Nakamura Choukou Co's highest Cyclically Adjusted PB Ratio was 2.83. The lowest was 0.55. And the median was 0.78.

TSE:6166's Cyclically Adjusted PB Ratio is ranked better than
55.11% of 2252 companies
in the Industrial Products industry
Industry Median: 2.07 vs TSE:6166: 1.82

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.

Nakamura Choukou Co's adjusted book value per share data for the three months ended in Mar. 2026 was 円99.636. 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329.07 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nakamura Choukou Co  (TSE:6166) 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.


Nakamura Choukou Co Cyclically Adjusted PB Ratio Related Terms


Nakamura Choukou Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Nakamura Choukou 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.

Nakamura Choukou Co Cyclically Adjusted PB Ratio Chart

Nakamura Choukou 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 0.00 1.28 0.68 0.74 2.36

Nakamura Choukou Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 0.74 0.00 0.00 0.00 2.36

TSE:6166 vs GEV, ETN, PH: Cyclically Adjusted PB Ratio Comparison

For the Specialty Industrial Machinery subindustry, Nakamura Choukou 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.


Nakamura Choukou Co Cyclically Adjusted PB Ratio vs Industrial Products Industry

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

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


TSE:6166
54GF Score
Nakamura Choukou Co Ltd TSE:6166
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nakamura Choukou 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=636.00/329.07
=1.93

* 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.

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

For example, Nakamura Choukou 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)
=99.636/112.7000*112.7000
=99.636

Current CPI (Mar. 2026) = 112.7000.

Nakamura Choukou Co Quarterly Data

Book Value per Share CPI Adj_Book
201603 1,208.765 97.900 1,391.500
201606 1,530.262 98.100 1,758.007
201609 1,458.366 98.000 1,677.121
201612 1,128.685 98.400 1,292.711
201703 1,071.697 98.100 1,231.195
201706 1,080.509 98.500 1,236.278
201709 1,228.079 98.800 1,400.855
201712 1,607.357 99.400 1,822.426
201803 1,579.729 99.200 1,794.712
201806 1,197.981 99.200 1,361.013
201809 -85.352 99.900 -96.288
201812 -162.535 99.700 -183.728
201903 -233.240 99.700 -263.652
201906 -155.831 99.800 -175.973
201909 -141.410 100.100 -159.210
201912 -28.707 100.500 -32.192
202003 52.207 100.300 58.661
202006 44.163 99.900 49.822
202009 36.149 99.900 40.781
202012 45.253 99.300 51.360
202103 51.423 99.900 58.012
202106 83.240 99.500 94.283
202109 96.087 100.100 108.182
202112 89.183 100.100 100.409
202203 76.221 101.100 84.966
202206 82.568 101.800 91.409
202209 72.509 103.100 79.261
202212 68.608 104.100 74.276
202303 64.956 104.400 70.120
202306 54.529 105.200 58.417
202309 40.333 106.200 42.802
202312 24.710 106.800 26.075
202403 77.570 107.200 81.550
202406 77.961 108.200 81.203
202409 75.110 108.900 77.731
202503 74.382 111.100 75.453
202506 95.408 111.700 96.262
202509 91.465 112.000 92.037
202512 91.172 113.000 90.930
202603 99.636 112.700 99.636

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 1.93 mean?
Nakamura Choukou Co (TSE:6166) has a Cyclically Adjusted PB Ratio of 1.93 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 Nakamura Choukou Co and its competitors. This is 147% above median its historical median of 0.78. Over the past decade, Nakamura Choukou Co's Cyclically Adjusted PB Ratio has ranged from 0.55 to 2.83. According to the industry distribution chart, Nakamura Choukou Co ranks #1011 out of 2252 companies in the Industrial Products industry, placing it in the top 44.9%.
Is Nakamura Choukou Co's Cyclically Adjusted PB Ratio too high?
Nakamura Choukou Co's current Cyclically Adjusted PB Ratio of 1.93 is 147% above median its 10-year median of 0.78. Over the past 10 years, this metric has ranged from a low of 0.55 to a high of 2.83. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.07. Nakamura Choukou Co's value of 1.93 is 6.8% below this industry median. Based on the distribution chart, Nakamura Choukou Co ranks #1011 out of 2252 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Nakamura Choukou Co has a GF Score™ of 54/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nakamura Choukou Co's Cyclically Adjusted PB Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Nakamura Choukou Co ranks #1011 out of 2252 companies for Cyclically Adjusted PB Ratio. This puts Nakamura Choukou Co in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.07. Nakamura Choukou Co's value of 1.93 is 6.8% below this benchmark. Historically, Nakamura Choukou Co's own Cyclically Adjusted PB Ratio has ranged from 0.55 to 2.83 over the past decade. While the company's 10-year median is 0.78 vs. the industry median of 2.07, Nakamura Choukou 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 2.07, based on 2,252 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. Nakamura Choukou Co's current Cyclically Adjusted PB Ratio of 1.93 is 6.8% 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 Nakamura Choukou Co and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nakamura Choukou Co's current Cyclically Adjusted PB Ratio is 1.93, which is 147% above median its own 10-year median of 0.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nakamura Choukou Co stock overvalued right now?
Based on GuruFocus' analysis, Nakamura Choukou Co (TSE:6166) is currently considered Significantly Overvalued. The stock's GF Value™ is 円369.79, compared to a current price of 円636.00 — trading 72% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.93, which is 147% above median its 10-year median of 0.78 and 6.8% below the Industrial Products industry median of 2.07. Nakamura Choukou Co's overall GF Score™ is 54/100 with 4 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 Nakamura Choukou Co (TSE:6166), the current Cyclically Adjusted PB Ratio is 1.93 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 Nakamura Choukou Co (TSE:6166) Overvalued in 2026?

Based on GuruFocus' analysis, Nakamura Choukou Co stock appears to be overvalued. The current stock price of 円636.00 is trading 72% above its estimated GF Value™ of 円369.79. GuruFocus considers Nakamura Choukou Co to be Significantly Overvalued.

Key valuation signals for TSE:6166:

  • Cyclically Adjusted PB Ratio: 1.93 (147% above median its 10-year median of 0.78)
  • GF Value™: 円369.79 vs. price of 円636.00 (72% above fair value)
  • GF Score™: 54/100 with 4 warning signs
  • Industry Position: 6.8% below the Industrial Products median (#1011 of 2252)

No single metric tells the full story. See the TSE:6166 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nakamura Choukou Co Business Description

Address 27-27 Tsurutamachi, Nishi-ku, Osaka Prefecture, Sakai, JPN, 593-8323
Nakamura Choukou Co Ltd is engaged in the manufacturing of precision nozzles, diamond wire, and material products for industrial and scientific applications. Its operating segments include the Special Precision Equipment business, which produces nozzles and peripheral parts for electronic component mounters; the Chemical Fiber Spinning Nozzle business, which supplies spinning nozzles and equipment for chemical fiber and nonwoven fabric production; the D-Next business, which manufactures diamond wire for power semiconductors; and the Material Science business, which develops and sells nano-sized zeolite.
54GF Score

Get the complete analysis for TSE:6166

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

円636.00
Price
円369.79
GF Value