NOK (TSE:7240) Cyclically Adjusted PB Ratio: 0.97 (As of Aug. 10, 2026) — 29% Above Median

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TSE:7240 NOK Corp TSE:7240
75 GF Score
Price 円3,026.00
GF Value 円2,247.13
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is NOK Cyclically Adjusted PB Ratio?

NOK TSE:7240 +1.51% 75 Cyclically Adjusted PB Ratio is 0.97 as of Aug. 10, 2026, which is 29% above its 10-year median of 0.75. GuruFocus rates TSE:7240 with a GF Score™ of 75/100 and a GF Value™ of 円2,247.13 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,009 Vehicles & Parts companies, NOK ranks better than 60.75% on this metric.

As of today (2026-08-10), NOK's current share price is 円3026.00. NOK's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円3,132.69. NOK's Cyclically Adjusted PB Ratio for today is 0.97.

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

TSE:7240' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.44   Med: 0.75   Max: 1.54
Current: 0.97

During the past years, NOK's highest Cyclically Adjusted PB Ratio was 1.54. The lowest was 0.44. And the median was 0.75.

TSE:7240's Cyclically Adjusted PB Ratio is ranked better than
60.75% of 1009 companies
in the Vehicles & Parts industry
Industry Median: 1.28 vs TSE:7240: 0.97

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.

NOK's adjusted book value per share data for the three months ended in Mar. 2026 was 円3,933.740. 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3,132.69 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


NOK  (TSE:7240) 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.


NOK Cyclically Adjusted PB Ratio Related Terms


NOK Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for NOK'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.

NOK Cyclically Adjusted PB Ratio Chart

NOK 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 0.48 0.56 0.74 0.73 0.89

NOK 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 0.73 0.70 0.85 0.90 0.89

TSE:7240 vs ORLY, AZO: Cyclically Adjusted PB Ratio Comparison

For the Auto Parts subindustry, NOK'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.


NOK Cyclically Adjusted PB Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, NOK's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TSE:7240
75GF Score
NOK Corp TSE:7240
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

NOK 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.

NOK's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3026.00/3132.69
=0.97

* 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.

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

For example, NOK'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)
=3933.74/112.7000*112.7000
=3,933.740

Current CPI (Mar. 2026) = 112.7000.

NOK Quarterly Data

Book Value per Share CPI Adj_Book
201606 2,118.788 98.100 2,434.122
201609 2,184.049 98.000 2,511.656
201612 2,448.115 98.400 2,803.888
201703 2,424.424 98.100 2,785.246
201706 2,451.837 98.500 2,805.300
201709 2,587.540 98.800 2,951.576
201712 2,720.174 99.400 3,084.141
201803 2,657.835 99.200 3,019.536
201806 2,644.050 99.200 3,003.875
201809 2,728.471 99.900 3,078.065
201812 2,652.591 99.700 2,998.465
201903 2,567.901 99.700 2,902.733
201906 2,485.581 99.800 2,806.864
201909 2,500.717 100.100 2,815.493
201912 2,559.304 100.500 2,869.986
202003 2,353.543 100.300 2,644.509
202006 2,357.376 99.900 2,659.422
202009 2,362.990 99.900 2,665.755
202012 2,477.594 99.300 2,811.932
202103 2,644.121 99.900 2,982.907
202106 2,678.503 99.500 3,033.842
202109 2,725.725 100.100 3,068.823
202112 2,772.399 100.100 3,121.372
202203 2,903.757 101.100 3,236.928
202206 2,955.622 101.800 3,272.088
202209 2,987.975 103.100 3,266.196
202212 2,914.331 104.100 3,155.092
202303 3,082.911 104.400 3,328.008
202306 3,207.184 105.200 3,435.833
202309 3,300.251 106.200 3,502.244
202312 3,298.643 106.800 3,480.871
202403 3,560.993 107.200 3,743.693
202406 0.000 108.200 0.000
202409 3,488.115 108.900 3,609.831
202412 3,631.395 110.700 3,697.003
202503 3,548.884 111.100 3,599.993
202506 3,536.184 111.700 3,567.842
202509 3,664.780 112.000 3,687.685
202512 3,808.586 113.000 3,798.475
202603 3,933.740 112.700 3,933.740

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 0.97 mean?
NOK (TSE:7240) has a Cyclically Adjusted PB Ratio of 0.97 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 NOK and its competitors. This is 29% above median its historical median of 0.75. Over the past decade, NOK's Cyclically Adjusted PB Ratio has ranged from 0.44 to 1.54. According to the industry distribution chart, NOK ranks #396 out of 1009 companies in the Vehicles & Parts industry, placing it in the top 39.2%.
Is NOK's Cyclically Adjusted PB Ratio too high?
NOK's current Cyclically Adjusted PB Ratio of 0.97 is 29% above median its 10-year median of 0.75. Over the past 10 years, this metric has ranged from a low of 0.44 to a high of 1.54. The Vehicles & Parts industry median Cyclically Adjusted PB Ratio is 1.28. NOK's value of 0.97 is 24.2% below this industry median. Based on the distribution chart, NOK ranks #396 out of 1009 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, NOK has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NOK's Cyclically Adjusted PB Ratio compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, NOK ranks #396 out of 1009 companies for Cyclically Adjusted PB Ratio. This puts NOK in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.28. NOK's value of 0.97 is 24.2% below this benchmark. Historically, NOK's own Cyclically Adjusted PB Ratio has ranged from 0.44 to 1.54 over the past decade. While the company's 10-year median is 0.75 vs. the industry median of 1.28, NOK 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 a Vehicles & Parts company?
The median Cyclically Adjusted PB Ratio among Vehicles & Parts companies is 1.28, based on 1,009 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. NOK's current Cyclically Adjusted PB Ratio of 0.97 is 24.2% 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 NOK and its competitors. For the Vehicles & Parts industry, the median Cyclically Adjusted PB Ratio is 1.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NOK's current Cyclically Adjusted PB Ratio is 0.97, which is 29% above median its own 10-year median of 0.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NOK stock overvalued right now?
Based on GuruFocus' analysis, NOK (TSE:7240) is currently considered Significantly Overvalued. The stock's GF Value™ is 円2,247.13, compared to a current price of 円3,026.00 — trading 34.7% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.97, which is 29% above median its 10-year median of 0.75 and 24.2% below the Vehicles & Parts industry median of 1.28. NOK's overall GF Score™ is 75/100 with 6 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 NOK (TSE:7240), the current Cyclically Adjusted PB Ratio is 0.97 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 NOK (TSE:7240) Overvalued in 2026?

Based on GuruFocus' analysis, NOK stock appears to be overvalued. The current stock price of 円3,026.00 is trading 34.7% above its estimated GF Value™ of 円2,247.13. GuruFocus considers NOK to be Significantly Overvalued.

Key valuation signals for TSE:7240:

  • Cyclically Adjusted PB Ratio: 0.97 (29% above median its 10-year median of 0.75)
  • GF Value™: 円2,247.13 vs. price of 円3,026.00 (34.7% above fair value)
  • GF Score™: 75/100 with 6 warning signs
  • Industry Position: 24.2% below the Vehicles & Parts median (#396 of 1009)

No single metric tells the full story. See the TSE:7240 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


NOK Business Description

Address 3-13-12 Mita, Mita MT Building, Minato-ku, Tokyo, JPN, 108-0073
NOK Corp is a Japan-based company engaged in manufactures oil seals and industrial rubber products for automobiles. It manufactures seal products, industrial mechanical parts, hydraulic and pneumatic equipment, nuclear power equipment, synthetic chemicals, amongst others. The company's business segments include, Seal business, Electronic Device Product business, Roll business and Other businesses.
75GF Score

Get the complete analysis for TSE:7240

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

円3,026.00
Price
円2,247.13
GF Value