Nippon Signal Co (TSE:6741) Cyclically Adjusted PB Ratio: (As of Sep. 21, 2026)

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Director of Data and Quant Analytics at GuruFocus
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:6741 Nippon Signal Co Ltd TSE:6741
88 GF Score
Price 円1,808.00
GF Value 円1,347.77
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Nippon Signal Co Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Nippon Signal Co  (TSE:6741) 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 Signal Co Cyclically Adjusted PB Ratio Related Terms


Nippon Signal Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

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

Nippon Signal 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 0.72 0.82 0.75 0.61 1.04

Nippon Signal Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 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 0.75 0.84 0.89 1.08 1.04

TSE:6741 vs VRT, BE: Cyclically Adjusted PB Ratio Comparison

For the Electrical Equipment & Parts subindustry, Nippon Signal 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 Signal Co Cyclically Adjusted PB Ratio vs Industrial Products Industry

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

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


TSE:6741
88GF Score
Nippon Signal Co Ltd TSE:6741
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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

For example, Nippon Signal Co's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=1814.292/113.6000*113.6000
=1,814.292

Current CPI (Jun. 2026) = 113.6000.

Nippon Signal Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 1,140.541 98.000 1,322.097
201612 1,141.177 98.400 1,317.456
201703 1,195.139 98.100 1,383.973
201706 1,167.555 98.500 1,346.541
201709 1,173.514 98.800 1,349.304
201712 1,159.958 99.400 1,325.666
201803 1,216.156 99.200 1,392.695
201806 1,210.459 99.200 1,386.171
201809 1,238.292 99.900 1,408.108
201812 1,184.056 99.700 1,349.135
201903 1,258.036 99.700 1,433.429
201906 1,234.397 99.800 1,405.085
201909 1,274.011 100.100 1,445.831
201912 1,291.818 100.500 1,460.204
202003 1,276.987 100.300 1,446.318
202006 1,283.385 99.900 1,459.385
202009 1,283.257 99.900 1,459.239
202012 1,284.877 99.300 1,469.910
202103 1,357.890 99.900 1,544.107
202106 1,334.532 99.500 1,523.647
202109 1,344.633 100.100 1,525.977
202112 1,311.975 100.100 1,488.915
202203 1,390.696 101.100 1,562.642
202206 1,359.705 101.800 1,517.313
202209 1,384.109 103.100 1,525.071
202212 1,393.523 104.100 1,520.694
202303 1,432.563 104.400 1,558.804
202306 1,422.991 105.200 1,536.614
202309 1,444.620 106.200 1,545.281
202312 1,445.470 106.800 1,537.504
202403 1,552.332 107.200 1,645.009
202406 1,527.256 108.200 1,603.478
202409 1,535.772 108.900 1,602.054
202412 1,557.192 110.700 1,597.986
202503 1,645.360 111.100 1,682.384
202506 1,631.299 111.700 1,659.047
202509 1,676.678 112.000 1,700.631
202512 1,719.454 113.000 1,728.584
202603 1,833.161 112.700 1,847.800
202606 1,814.292 113.600 1,814.292

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.

Is Nippon Signal Co (TSE:6741) Overvalued in 2026?

Based on GuruFocus' analysis, Nippon Signal Co stock appears to be overvalued. The current stock price of 円1,808.00 is trading 34.1% above its estimated GF Value™ of 円1,347.77. GuruFocus considers Nippon Signal Co to be Significantly Overvalued.

Key valuation signals for TSE:6741:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: 円1,347.77 vs. price of 円1,808.00 (34.1% above fair value)
  • GF Score™: 88/100 with 4 warning signs

No single metric tells the full story. See the TSE:6741 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nippon Signal Co Business Description

Other Exchanges F6N:Germany
Address 1-5-1, Marunouchi, Chiyoda-ku, Tokyo, JPN, 100-6513
Nippon Signal Co Ltd is a Japanese technology company. Its products and services fall into the following categories: railway signal systems, traffic information systems, automatic fare collection, or AFR, systems, and parking information systems. The railway signal systems division provides automatic train supervision systems, relay interlocking equipment, level-crossing systems, and LED information boards. The traffic information systems division offers universal traffic management systems, local controllers, and LED traffic signal lights. The AFR system division offers comprehensive network systems to automate station operations. The parking information systems division offers car parking systems and bicycle lock systems.
88GF Score

Get the complete analysis for TSE:6741

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

円1,808.00
Price
円1,347.77
GF Value