Nankai Co (TSE:9044) Cyclically Adjusted PB Ratio: 1.17 (As of Aug. 07, 2026) — 17% Below Median

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TSE:9044 Nankai Co Ltd TSE:9044
78 GF Score
Price 円2,872.00
GF Value 円3,044.11
Valuation Fairly Valued
! 8 Warning Signs
View Full Analysis

What is Nankai Co Cyclically Adjusted PB Ratio?

Nankai Co TSE:9044 +0.68% 78 Cyclically Adjusted PB Ratio is 1.17 as of Aug. 07, 2026, which is 17% below its 10-year median of 1.41. GuruFocus rates TSE:9044 with a GF Score™ of 78/100 and a GF Value™ of 円3,044.11 (Fairly Valued). The stock has 8 warning signs investors should review. Among 1,412 Real Estate companies, Nankai Co ranks worse than 71.95% on this metric.

As of today (2026-08-07), Nankai Co's current share price is 円2872.00. Nankai Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円2,455.51. Nankai Co's Cyclically Adjusted PB Ratio for today is 1.17.

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

TSE:9044' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.92   Med: 1.41   Max: 2.16
Current: 1.22

During the past years, Nankai Co's highest Cyclically Adjusted PB Ratio was 2.16. The lowest was 0.92. And the median was 1.41.

TSE:9044's Cyclically Adjusted PB Ratio is ranked worse than
71.95% of 1412 companies
in the Real Estate industry
Industry Median: 0.68 vs TSE:9044: 1.22

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.

Nankai Co's adjusted book value per share data for the three months ended in Mar. 2026 was 円3,082.403. 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2,455.51 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nankai Co  (TSE:9044) 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.


Nankai Co Cyclically Adjusted PB Ratio Related Terms


Nankai Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Nankai 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.

Nankai Co Cyclically Adjusted PB Ratio Chart

Nankai 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 1.26 1.45 1.48 1.06 1.25

Nankai 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 0.92 1.17 1.22 1.25 0.00

Nankai Co Cyclically Adjusted PB Ratio Competitor Comparison

For the Real Estate - Development subindustry, Nankai 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.


Nankai Co Cyclically Adjusted PB Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Nankai Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TSE:9044
78GF Score
Nankai Co Ltd TSE:9044
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nankai 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2872.00/2455.51
=1.17

* 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.

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

For example, Nankai 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)
=3082.403/112.7000*112.7000
=3,082.403

Current CPI (Mar. 2026) = 112.7000.

Nankai Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 1,717.064 98.100 1,972.611
201609 1,773.066 98.000 2,039.026
201612 1,828.247 98.400 2,093.937
201703 1,845.760 98.100 2,120.460
201706 1,882.077 98.500 2,153.402
201709 1,921.570 98.800 2,191.912
201712 1,971.595 99.400 2,235.400
201803 1,957.291 99.200 2,223.656
201806 2,019.339 99.200 2,294.148
201809 2,055.211 99.900 2,318.541
201812 2,079.013 99.700 2,350.098
201903 2,036.773 99.700 2,302.350
201906 2,074.808 99.800 2,342.995
201909 2,136.224 100.100 2,405.119
201912 2,183.143 100.500 2,448.161
202003 2,157.753 100.300 2,424.514
202006 2,129.547 99.900 2,402.402
202009 2,138.251 99.900 2,412.221
202012 2,153.568 99.300 2,444.180
202103 2,176.179 99.900 2,455.009
202106 2,136.778 99.500 2,420.250
202109 2,162.275 100.100 2,434.449
202112 2,191.673 100.100 2,467.548
202203 2,189.359 101.100 2,440.561
202206 2,187.178 101.800 2,421.365
202209 2,218.147 103.100 2,424.686
202212 2,274.363 104.100 2,462.255
202303 2,306.143 104.400 2,489.486
202306 2,351.512 105.200 2,519.158
202309 2,397.958 106.200 2,544.726
202312 2,512.730 106.800 2,651.542
202403 2,583.913 107.200 2,716.483
202406 0.000 108.200 0.000
202409 2,637.875 108.900 2,729.922
202412 2,716.195 110.700 2,765.268
202503 2,749.035 111.100 2,788.625
202506 2,801.178 111.700 2,826.256
202509 2,921.416 112.000 2,939.675
202512 3,018.212 113.000 3,010.199
202603 3,082.403 112.700 3,082.403

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 1.17 mean?
Nankai Co (TSE:9044) has a Cyclically Adjusted PB Ratio of 1.17 as of Aug. 07, 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 Nankai Co and its competitors. This is 17% below median its historical median of 1.41. Over the past decade, Nankai Co's Cyclically Adjusted PB Ratio has ranged from 0.92 to 2.16. According to the industry distribution chart, Nankai Co ranks #1016 out of 1412 companies in the Real Estate industry, placing it in the top 72%.
Is Nankai Co's Cyclically Adjusted PB Ratio too high?
Nankai Co's current Cyclically Adjusted PB Ratio of 1.17 is 17% below median its 10-year median of 1.41. Over the past 10 years, this metric has ranged from a low of 0.92 to a high of 2.16. The Real Estate industry median Cyclically Adjusted PB Ratio is 0.68. Nankai Co's value of 1.17 is 72.1% above this industry median. Based on the distribution chart, Nankai Co ranks #1016 out of 1412 companies in the Real Estate industry, which is below the industry midpoint. Overall, Nankai Co has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nankai Co's Cyclically Adjusted PB Ratio compare to competitors?
According to the Real Estate industry distribution chart, Nankai Co ranks #1016 out of 1412 companies for Cyclically Adjusted PB Ratio. This places Nankai Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.68. Nankai Co's value of 1.17 is 72.1% above this benchmark. Historically, Nankai Co's own Cyclically Adjusted PB Ratio has ranged from 0.92 to 2.16 over the past decade. While the company's 10-year median is 1.41 vs. the industry median of 0.68, Nankai 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 a Real Estate company?
The median Cyclically Adjusted PB Ratio among Real Estate companies is 0.68, based on 1,412 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. Nankai Co's current Cyclically Adjusted PB Ratio of 1.17 is 72.1% 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 Nankai Co and its competitors. For the Real Estate industry, the median Cyclically Adjusted PB Ratio is 0.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nankai Co's current Cyclically Adjusted PB Ratio is 1.17, which is 17% below median its own 10-year median of 1.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nankai Co stock overvalued right now?
Based on GuruFocus' analysis, Nankai Co (TSE:9044) is currently considered Fairly Valued. The stock's GF Value™ is 円3,044.11, compared to a current price of 円2,872.00 — trading 5.7% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.17, which is 17% below median its 10-year median of 1.41 and 72.1% above the Real Estate industry median of 0.68. Nankai Co's overall GF Score™ is 78/100 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 Nankai Co (TSE:9044), the current Cyclically Adjusted PB Ratio is 1.17 as of Aug. 07, 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 Nankai Co (TSE:9044) Overvalued in 2026?

Based on GuruFocus' analysis, Nankai Co stock appears to be undervalued. The current stock price of 円2,872.00 is trading 5.7% below its estimated GF Value™ of 円3,044.11. GuruFocus considers Nankai Co to be Fairly Valued.

Key valuation signals for TSE:9044:

  • Cyclically Adjusted PB Ratio: 1.17 (17% below median its 10-year median of 1.41)
  • GF Value™: 円3,044.11 vs. price of 円2,872.00 (5.7% below fair value)
  • GF Score™: 78/100 with 8 warning signs
  • Industry Position: 72.1% above the Real Estate median (#1016 of 1412)

No single metric tells the full story. See the TSE:9044 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nankai Co Business Description

Address 2-1-41 Shikitsuhigashi, Naniwa-ku, Osaka, JPN, 556-0012
Nankai Co Ltd is engaged in the business of real estate development, leasing, and other related business activities.
78GF Score

Get the complete analysis for TSE:9044

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

円2,872.00
Price
円3,044.11
GF Value