Nippon Thompson Co (TSE:6480) Cyclically Adjusted PB Ratio: 2.08 (As of Aug. 06, 2026) — 215% Above Median

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TSE:6480 Nippon Thompson Co Ltd TSE:6480
69 GF Score
Price 円2,098.00
GF Value 円650.40
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Nippon Thompson Co Cyclically Adjusted PB Ratio?

Nippon Thompson Co TSE:6480 +9.27% 69 Cyclically Adjusted PB Ratio is 2.08 as of Aug. 06, 2026, which is 215% above its 10-year median of 0.66. GuruFocus rates TSE:6480 with a GF Score™ of 69/100 and a GF Value™ of 円650.40 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 2,254 Industrial Products companies, Nippon Thompson Co ranks better than 56.83% on this metric.

As of today (2026-08-06), Nippon Thompson Co's current share price is 円2098.00. Nippon Thompson Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円1,009.71. Nippon Thompson Co's Cyclically Adjusted PB Ratio for today is 2.08.

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

TSE:6480' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.38   Med: 0.66   Max: 2.26
Current: 1.75

During the past years, Nippon Thompson Co's highest Cyclically Adjusted PB Ratio was 2.26. The lowest was 0.38. And the median was 0.66.

TSE:6480's Cyclically Adjusted PB Ratio is ranked better than
56.83% of 2254 companies
in the Industrial Products industry
Industry Median: 2.065 vs TSE:6480: 1.75

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 Thompson Co's adjusted book value per share data for the three months ended in Mar. 2026 was 円1,192.024. 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1,009.71 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nippon Thompson Co  (TSE:6480) 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 Thompson Co Cyclically Adjusted PB Ratio Related Terms


Nippon Thompson Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Nippon Thompson 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 Thompson Co Cyclically Adjusted PB Ratio Chart

Nippon Thompson 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 0.66 0.70 0.50 0.84

Nippon Thompson 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 0.50 0.54 0.69 0.81 0.84

TSE:6480 vs SNA, RBC, SWK: Cyclically Adjusted PB Ratio Comparison

For the Tools & Accessories subindustry, Nippon Thompson 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 Thompson Co Cyclically Adjusted PB Ratio vs Industrial Products Industry

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

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


TSE:6480
69GF Score
Nippon Thompson Co Ltd TSE:6480
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2098.00/1009.71
=2.08

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

For example, Nippon Thompson 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)
=1192.024/112.7000*112.7000
=1,192.024

Current CPI (Mar. 2026) = 112.7000.

Nippon Thompson Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 772.792 98.100 887.805
201609 762.441 98.000 876.807
201612 795.608 98.400 911.230
201703 810.501 98.100 931.126
201706 821.090 98.500 939.460
201709 837.302 98.800 955.101
201712 845.261 99.400 958.359
201803 829.319 99.200 942.180
201806 831.501 99.200 944.659
201809 853.866 99.900 963.270
201812 824.564 99.700 932.080
201903 838.800 99.700 948.172
201906 832.896 99.800 940.555
201909 831.151 100.100 935.771
201912 833.524 100.500 934.708
202003 798.671 100.300 897.410
202006 800.047 99.900 902.556
202009 789.632 99.900 890.806
202012 795.667 99.300 903.038
202103 838.505 99.900 945.941
202106 850.710 99.500 963.568
202109 870.465 100.100 980.034
202112 888.019 100.100 999.798
202203 900.583 101.100 1,003.914
202206 938.677 101.800 1,039.184
202209 976.406 103.100 1,067.323
202212 979.207 104.100 1,060.102
202303 1,004.950 104.400 1,084.845
202306 1,048.522 105.200 1,123.274
202309 1,061.826 106.200 1,126.815
202312 1,060.668 106.800 1,119.263
202403 1,105.975 107.200 1,162.718
202406 1,118.800 108.200 1,165.330
202409 1,077.685 108.900 1,115.290
202412 1,103.916 110.700 1,123.860
202503 1,100.421 111.100 1,116.269
202506 1,102.651 111.700 1,112.523
202509 1,129.757 112.000 1,136.818
202512 1,157.446 113.000 1,154.373
202603 1,192.024 112.700 1,192.024

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 2.08 mean?
Nippon Thompson Co (TSE:6480) has a Cyclically Adjusted PB Ratio of 2.08 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 Thompson Co and its competitors. This is 215% above median its historical median of 0.66. Over the past decade, Nippon Thompson Co's Cyclically Adjusted PB Ratio has ranged from 0.38 to 2.26. According to the industry distribution chart, Nippon Thompson Co ranks #973 out of 2254 companies in the Industrial Products industry, placing it in the top 43.2%.
Is Nippon Thompson Co's Cyclically Adjusted PB Ratio too high?
Nippon Thompson Co's current Cyclically Adjusted PB Ratio of 2.08 is 215% above median its 10-year median of 0.66. Over the past 10 years, this metric has ranged from a low of 0.38 to a high of 2.26. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.07. Nippon Thompson Co's value of 2.08 is 0.7% above this industry median. Based on the distribution chart, Nippon Thompson Co ranks #973 out of 2254 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Nippon Thompson Co has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nippon Thompson Co's Cyclically Adjusted PB Ratio compare to SNA and RBC?
According to the Industrial Products industry distribution chart, Nippon Thompson Co ranks #973 out of 2254 companies for Cyclically Adjusted PB Ratio. This puts Nippon Thompson Co in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.07. Nippon Thompson Co's value of 2.08 is 0.7% above this benchmark. Historically, Nippon Thompson Co's own Cyclically Adjusted PB Ratio has ranged from 0.38 to 2.26 over the past decade. While the company's 10-year median is 0.66 vs. the industry median of 2.07, Nippon Thompson Co has consistently been above 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 2,254 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 Thompson Co's current Cyclically Adjusted PB Ratio of 2.08 is 0.7% above 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 Thompson 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. Nippon Thompson Co's current Cyclically Adjusted PB Ratio is 2.08, which is 215% above median its own 10-year median of 0.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon Thompson Co stock overvalued right now?
Based on GuruFocus' analysis, Nippon Thompson Co (TSE:6480) is currently considered Significantly Overvalued. The stock's GF Value™ is 円650.40, compared to a current price of 円2,098.00 — trading 222.6% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.08, which is 215% above median its 10-year median of 0.66 and 0.7% above the Industrial Products industry median of 2.07. Nippon Thompson Co's overall GF Score™ is 69/100 with 2 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 Thompson Co (TSE:6480), the current Cyclically Adjusted PB Ratio is 2.08 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 Thompson Co (TSE:6480) Overvalued in 2026?

Based on GuruFocus' analysis, Nippon Thompson Co stock appears to be overvalued. The current stock price of 円2,098.00 is trading 222.6% above its estimated GF Value™ of 円650.40. GuruFocus considers Nippon Thompson Co to be Significantly Overvalued.

Key valuation signals for TSE:6480:

  • Cyclically Adjusted PB Ratio: 2.08 (215% above median its 10-year median of 0.66)
  • GF Value™: 円650.40 vs. price of 円2,098.00 (222.6% above fair value)
  • GF Score™: 69/100 with 2 warning signs
  • Industry Position: 0.7% above the Industrial Products median (#973 of 2254)

No single metric tells the full story. See the TSE:6480 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nippon Thompson Co Business Description

Other Exchanges DO9:Germany
Address 19-19 Takanawa 2-chome Minato-ku, Minato-ku, Tokyo, JPN, 108-8586
Nippon Thompson Co Ltd is a Japanese manufacturer and seller of needle roller bearings, linear motion rolling guides, motion and mechatron series and machine components. The company has a business presence in Japan and other countries.
69GF Score

Get the complete analysis for TSE:6480

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

円2,098.00
Price
円650.40
GF Value