Nissin (TSE:9066) Cyclically Adjusted PB Ratio: 2.11 (As of Sep. 03, 2026)

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TSE:9066 Nissin Corp TSE:9066
9 GF Score
Price 円8,070.00
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What is Nissin Cyclically Adjusted PB Ratio?

Nissin TSE:9066 +0.12% 9 Cyclically Adjusted PB Ratio is 2.11 as of Sep. 03, 2026. GuruFocus rates TSE:9066 with a GF Score™ of 9/100.

As of today (2026-09-03), Nissin's current share price is 円8070.00. Nissin's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was 円3,817.96. Nissin's Cyclically Adjusted PB Ratio for today is 2.11.

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

TSE:9066's Cyclically Adjusted PB Ratio is not ranked *
in the Transportation industry.
Industry Median: 1.28
* Ranked among companies with meaningful Cyclically Adjusted PB Ratio only.

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.

Nissin's adjusted book value per share data for the three months ended in Mar. 2025 was 円5,880.936. 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3,817.96 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nissin  (TSE:9066) 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.


Nissin Cyclically Adjusted PB Ratio Related Terms


Nissin Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Nissin'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.

Nissin Cyclically Adjusted PB Ratio Chart

Nissin Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.59 0.61 0.69 0.86 1.24

Nissin Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25
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 1.37 1.15 1.24 1.24 0.00

TSE:9066 vs UPS, FDX, EXPD: Cyclically Adjusted PB Ratio Comparison

For the Integrated Freight & Logistics subindustry, Nissin'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.


Nissin Cyclically Adjusted PB Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, Nissin's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TSE:9066
9GF Score
Nissin Corp TSE:9066
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Nissin 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=8070.00/3817.96
=2.11

* 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.

Nissin's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Nissin's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=5880.936/111.1000*111.1000
=5,880.936

Current CPI (Mar. 2025) = 111.1000.

Nissin Quarterly Data

Book Value per Share CPI Adj_Book
201506 2,593.327 98.400 2,928.035
201509 2,604.247 98.500 2,937.379
201512 2,625.333 98.100 2,973.236
201603 2,454.400 97.900 2,785.330
201606 2,406.821 98.100 2,725.768
201609 2,399.910 98.000 2,720.714
201612 2,497.270 98.400 2,819.580
201703 2,674.389 98.100 3,028.793
201706 2,750.266 98.500 3,102.077
201709 2,841.014 98.800 3,194.703
201712 2,943.447 99.400 3,289.909
201803 2,965.850 99.200 3,321.632
201806 2,969.442 99.200 3,325.655
201809 3,039.006 99.900 3,379.715
201812 3,000.101 99.700 3,343.142
201903 3,020.693 99.700 3,366.088
201906 3,003.542 99.800 3,343.622
201909 3,040.374 100.100 3,374.481
201912 3,117.733 100.500 3,446.569
202003 2,967.980 100.300 3,287.563
202006 2,979.028 99.900 3,313.013
202009 2,980.409 99.900 3,314.549
202012 3,017.289 99.300 3,375.839
202103 3,295.930 99.900 3,665.444
202106 3,333.819 99.500 3,722.485
202109 3,407.151 100.100 3,781.563
202112 3,505.205 100.100 3,890.392
202203 3,693.077 101.100 4,058.367
202206 3,884.453 101.800 4,239.320
202209 4,061.746 103.100 4,376.915
202212 4,114.722 104.100 4,391.408
202303 4,201.176 104.400 4,470.792
202306 4,431.347 105.200 4,679.873
202309 4,610.732 106.200 4,823.468
202312 4,603.466 106.800 4,788.812
202403 5,110.999 107.200 5,296.940
202406 5,902.023 108.200 6,060.210
202409 5,791.923 108.900 5,908.932
202412 5,963.629 110.700 5,985.178
202503 5,880.936 111.100 5,880.936

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 2.11 mean?
Nissin (TSE:9066) has a Cyclically Adjusted PB Ratio of 2.11 as of Sep. 03, 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 Nissin and its competitors.
Is Nissin's Cyclically Adjusted PB Ratio too high?
Nissin's current Cyclically Adjusted PB Ratio is 2.11. The Transportation industry median Cyclically Adjusted PB Ratio is 1.28. Nissin's value of 2.11 is 64.8% above this industry median. Overall, Nissin has a GF Score™ of 9/100, reflecting its overall financial health beyond just this single metric.
How does Nissin's Cyclically Adjusted PB Ratio compare to UPS and FDX?
Nissin's Cyclically Adjusted PB Ratio of 2.11 can be compared against companies in the Transportation industry. The industry median Cyclically Adjusted PB Ratio is 1.28. Nissin's value of 2.11 is 64.8% above this benchmark. 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 Transportation company?
The median Cyclically Adjusted PB Ratio among Transportation companies is 1.28, based on 698 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. Nissin's current Cyclically Adjusted PB Ratio of 2.11 is 64.8% 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 Nissin and its competitors. For the Transportation 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. Nissin's current Cyclically Adjusted PB Ratio is 2.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nissin stock overvalued right now?
Nissin (TSE:9066) has a current Cyclically Adjusted PB Ratio of 2.11. The current Cyclically Adjusted PB Ratio is 2.11 and 64.8% above the Transportation industry median of 1.28. Nissin's overall GF Score™ is 9/100. 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 Nissin (TSE:9066), the current Cyclically Adjusted PB Ratio is 2.11 as of Sep. 03, 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.

Nissin Business Description

Address 84 6-chome, Naka, JPN
Nissin Corp is engaged in the travel and logistics business. The company operates through three segments namely Logistics, Travel service and Real estate. Its Logistics segment provides international transportation, international logistics, and air cargo transportation. The Travel service segment is involved in the tourism business. Its Real estate segment includes the development of commercial buildings and sites and leasing of real estate.
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Get the complete analysis for TSE:9066

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

円8,070.00
Price