Nissha Co (TSE:7915) Cyclically Adjusted PB Ratio: 0.59 (As of Aug. 11, 2026) — 34% Below Median

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TSE:7915 Nissha Co Ltd TSE:7915
62 GF Score
Price 円1,250.00
GF Value 円1,682.75
Valuation Modestly Undervalued
! 8 Warning Signs
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What is Nissha Co Cyclically Adjusted PB Ratio?

Nissha Co TSE:7915 -0.24% 62 Cyclically Adjusted PB Ratio is 0.59 as of Aug. 11, 2026, which is 34% below its 10-year median of 0.90. GuruFocus rates TSE:7915 with a GF Score™ of 62/100 and a GF Value™ of 円1,682.75 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 1,967 Hardware companies, Nissha Co ranks better than 84.49% on this metric.

As of today (2026-08-11), Nissha Co's current share price is 円1250.00. Nissha Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円2,133.59. Nissha Co's Cyclically Adjusted PB Ratio for today is 0.59.

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

TSE:7915' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.38   Med: 0.9   Max: 2.59
Current: 0.59

During the past years, Nissha Co's highest Cyclically Adjusted PB Ratio was 2.59. The lowest was 0.38. And the median was 0.90.

TSE:7915's Cyclically Adjusted PB Ratio is ranked better than
84.49% of 1967 companies
in the Hardware industry
Industry Median: 2.09 vs TSE:7915: 0.59

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.

Nissha Co's adjusted book value per share data for the three months ended in Mar. 2026 was 円2,468.416. 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2,133.59 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nissha Co  (TSE:7915) 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.


Nissha Co Cyclically Adjusted PB Ratio Related Terms


Nissha Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Nissha 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.

Nissha Co Cyclically Adjusted PB Ratio Chart

Nissha Co Annual Data
Trend Mar16 Mar17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.09 1.07 0.79 0.80 0.59

Nissha 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 0.67 0.65 0.68 0.59 0.56

TSE:7915 vs APH, GLW, TEL: Cyclically Adjusted PB Ratio Comparison

For the Electronic Components subindustry, Nissha 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.


Nissha Co Cyclically Adjusted PB Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Nissha Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TSE:7915
62GF Score
Nissha Co Ltd TSE:7915
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nissha 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1250.00/2133.59
=0.59

* 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.

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

For example, Nissha 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)
=2468.416/112.7000*112.7000
=2,468.416

Current CPI (Mar. 2026) = 112.7000.

Nissha Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 1,498.555 98.100 1,721.582
201609 1,512.887 98.000 1,739.820
201612 1,583.007 98.400 1,813.058
201703 1,594.666 98.100 1,831.997
201706 1,613.811 98.500 1,846.462
201709 1,734.376 98.800 1,978.382
201712 1,884.652 99.400 2,136.824
201803 1,739.179 99.200 1,975.862
201806 1,647.515 99.200 1,871.723
201809 1,814.036 99.900 2,046.465
201812 1,834.472 99.700 2,073.671
201903 1,736.702 99.700 1,963.153
201906 1,642.017 99.800 1,854.262
201909 1,729.029 100.100 1,946.669
201912 1,502.705 100.500 1,685.123
202003 1,456.305 100.300 1,636.347
202006 1,454.922 99.900 1,641.338
202009 1,542.854 99.900 1,740.537
202012 1,636.883 99.300 1,857.772
202103 1,768.751 99.900 1,995.378
202106 1,883.357 99.500 2,133.209
202109 1,927.153 100.100 2,169.732
202112 1,972.860 100.100 2,221.192
202203 2,079.113 101.100 2,317.666
202206 2,245.729 101.800 2,486.185
202209 2,341.744 103.100 2,559.792
202212 2,239.615 104.100 2,424.636
202303 2,221.466 104.400 2,398.077
202306 2,380.827 105.200 2,550.563
202309 2,373.490 106.200 2,518.760
202312 2,281.644 106.800 2,407.690
202403 2,350.273 107.200 2,470.856
202406 2,505.839 108.200 2,610.056
202409 2,290.108 108.900 2,370.020
202412 2,394.005 110.700 2,437.257
202503 2,308.025 111.100 2,341.264
202506 2,298.589 111.700 2,319.167
202509 2,340.950 112.000 2,355.581
202512 2,433.546 113.000 2,427.085
202603 2,468.416 112.700 2,468.416

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 0.59 mean?
Nissha Co (TSE:7915) has a Cyclically Adjusted PB Ratio of 0.59 as of Aug. 11, 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 Nissha Co and its competitors. This is 34% below median its historical median of 0.90. Over the past decade, Nissha Co's Cyclically Adjusted PB Ratio has ranged from 0.38 to 2.59. According to the industry distribution chart, Nissha Co ranks #305 out of 1967 companies in the Hardware industry, placing it in the top 15.5%.
Is Nissha Co's Cyclically Adjusted PB Ratio too high?
Nissha Co's current Cyclically Adjusted PB Ratio of 0.59 is 34% below median its 10-year median of 0.90. Over the past 10 years, this metric has ranged from a low of 0.38 to a high of 2.59. The Hardware industry median Cyclically Adjusted PB Ratio is 2.09. Nissha Co's value of 0.59 is 71.8% below this industry median. Based on the distribution chart, Nissha Co ranks #305 out of 1967 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Nissha Co has a GF Score™ of 62/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nissha Co's Cyclically Adjusted PB Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, Nissha Co ranks #305 out of 1967 companies for Cyclically Adjusted PB Ratio. This places Nissha Co in the top 16% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 2.09. Nissha Co's value of 0.59 is 71.8% below this benchmark. Historically, Nissha Co's own Cyclically Adjusted PB Ratio has ranged from 0.38 to 2.59 over the past decade. While the company's 10-year median is 0.90 vs. the industry median of 2.09, Nissha 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 a Hardware company?
The median Cyclically Adjusted PB Ratio among Hardware companies is 2.09, based on 1,967 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. Nissha Co's current Cyclically Adjusted PB Ratio of 0.59 is 71.8% 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 Nissha Co and its competitors. For the Hardware industry, the median Cyclically Adjusted PB Ratio is 2.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nissha Co's current Cyclically Adjusted PB Ratio is 0.59, which is 34% below median its own 10-year median of 0.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nissha Co stock overvalued right now?
Based on GuruFocus' analysis, Nissha Co (TSE:7915) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,682.75, compared to a current price of 円1,250.00 — trading 25.7% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.59, which is 34% below median its 10-year median of 0.90 and 71.8% below the Hardware industry median of 2.09. Nissha Co's overall GF Score™ is 62/100 with 8 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 Nissha Co (TSE:7915), the current Cyclically Adjusted PB Ratio is 0.59 as of Aug. 11, 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 Nissha Co (TSE:7915) Overvalued in 2026?

Based on GuruFocus' analysis, Nissha Co stock appears to be undervalued. The current stock price of 円1,250.00 is trading 25.7% below its estimated GF Value™ of 円1,682.75. GuruFocus considers Nissha Co to be Modestly Undervalued.

Key valuation signals for TSE:7915:

  • Cyclically Adjusted PB Ratio: 0.59 (34% below median its 10-year median of 0.90)
  • GF Value™: 円1,682.75 vs. price of 円1,250.00 (25.7% below fair value)
  • GF Score™: 62/100 with 8 warning signs
  • Industry Position: 71.8% below the Hardware median (#305 of 1967)

No single metric tells the full story. See the TSE:7915 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nissha Co Business Description

Address 3 Hanaicho, Gamo, Nakagyo-ku, Kyoto, JPN, 604-8551
Nissha Co Ltd is developing industrial materials, devices, life innovation and information and communication business areas. The company has developed four businesses: industrial materials, devices, medical technology, and others. .The company develops and promotes its products under the Nisha brand. Geographically, the company is engaged in Japan, America, Europe, China, Taiwan and South Korea.
62GF Score

Get the complete analysis for TSE:7915

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

円1,250.00
Price
円1,682.75
GF Value