Nippon Light Metal Holdings Co (FRA:N9L) Cyclically Adjusted PS Ratio: 0.32 (As of Aug. 05, 2026) — 28% Above Median

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FRA:N9L Nippon Light Metal Holdings Co Ltd FRA:N9L
75 GF Score
Price €15.30
GF Value €10.69
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Nippon Light Metal Holdings Co Cyclically Adjusted PS Ratio?

Nippon Light Metal Holdings Co FRA:N9L -1.92% 75 Cyclically Adjusted PS Ratio is 0.32 as of Aug. 05, 2026, which is 28% above its 10-year median of 0.25. GuruFocus rates FRA:N9L with a GF Score™ of 75/100 and a GF Value™ of €10.69 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 575 Metals & Mining companies, Nippon Light Metal Holdings Co ranks better than 88.52% on this metric.

As of today (2026-08-05), Nippon Light Metal Holdings Co's current share price is €15.30. Nippon Light Metal Holdings Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €47.98. Nippon Light Metal Holdings Co's Cyclically Adjusted PS Ratio for today is 0.32.

The historical rank and industry rank for Nippon Light Metal Holdings Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

FRA:N9L' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.16   Med: 0.25   Max: 0.45
Current: 0.3

During the past years, Nippon Light Metal Holdings Co's highest Cyclically Adjusted PS Ratio was 0.45. The lowest was 0.16. And the median was 0.25.

FRA:N9L's Cyclically Adjusted PS Ratio is ranked better than
88.52% of 575 companies
in the Metals & Mining industry
Industry Median: 2.12 vs FRA:N9L: 0.30

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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Nippon Light Metal Holdings Co's adjusted revenue per share data for the three months ended in Mar. 2026 was €14.027. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is €47.98 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nippon Light Metal Holdings Co  (FRA:N9L) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue 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 PS Ratio should give similar results to regular PS Ratio.


Nippon Light Metal Holdings Co Cyclically Adjusted PS Ratio Related Terms


Nippon Light Metal Holdings Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Nippon Light Metal Holdings Co's Cyclically Adjusted PS 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 Light Metal Holdings Co Cyclically Adjusted PS Ratio Chart

Nippon Light Metal Holdings Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.23 0.18 0.22 0.18 0.31

Nippon Light Metal Holdings 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 PS 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 0.18 0.19 0.24 0.29 0.31

FRA:N9L vs AA, CENX, CSTM: Cyclically Adjusted PS Ratio Comparison

For the Aluminum subindustry, Nippon Light Metal Holdings Co's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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 Light Metal Holdings Co Cyclically Adjusted PS Ratio vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Nippon Light Metal Holdings Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Nippon Light Metal Holdings Co's Cyclically Adjusted PS Ratio falls into.


FRA:N9L
75GF Score
Nippon Light Metal Holdings Co Ltd FRA:N9L
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nippon Light Metal Holdings Co Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS 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 PS Ratio.

Nippon Light Metal Holdings Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=15.30/47.98
=0.32

* 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 Light Metal Holdings Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Nippon Light Metal Holdings Co's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=14.027/112.7000*112.7000
=14.027

Current CPI (Mar. 2026) = 112.7000.

Nippon Light Metal Holdings Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 14.753 98.100 16.949
201609 15.403 98.000 17.713
201612 14.882 98.400 17.045
201703 15.730 98.100 18.071
201706 14.440 98.500 16.522
201709 14.302 98.800 16.314
201712 15.392 99.400 17.451
201803 15.522 99.200 17.634
201806 15.410 99.200 17.507
201809 15.142 99.900 17.082
201812 16.835 99.700 19.030
201903 15.694 99.700 17.740
201906 15.102 99.800 17.054
201909 16.008 100.100 18.023
201912 15.729 100.500 17.638
202003 15.786 100.300 17.738
202006 12.744 99.900 14.377
202009 13.362 99.900 15.074
202012 14.646 99.300 16.622
202103 14.928 99.900 16.841
202106 14.092 99.500 15.961
202109 15.003 100.100 16.891
202112 15.633 100.100 17.601
202203 15.596 101.100 17.385
202206 14.061 101.800 15.567
202209 14.781 103.100 16.157
202212 14.909 104.100 16.141
202303 14.884 104.400 16.067
202306 12.914 105.200 13.835
202309 13.095 106.200 13.896
202312 14.113 106.800 14.893
202403 13.483 107.200 14.175
202406 12.219 108.200 12.727
202409 13.484 108.900 13.955
202412 14.316 110.700 14.575
202503 14.666 111.100 14.877
202506 13.373 111.700 13.493
202509 13.257 112.000 13.340
202512 13.196 113.000 13.161
202603 14.027 112.700 14.027

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue 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 PS Ratio of 0.32 mean?
Nippon Light Metal Holdings Co (FRA:N9L) has a Cyclically Adjusted PS Ratio of 0.32 as of Aug. 05, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Nippon Light Metal Holdings Co and its competitors. This is 28% above median its historical median of 0.25. Over the past decade, Nippon Light Metal Holdings Co's Cyclically Adjusted PS Ratio has ranged from 0.16 to 0.45. According to the industry distribution chart, Nippon Light Metal Holdings Co ranks #66 out of 575 companies in the Metals & Mining industry, placing it in the top 11.5%.
Is Nippon Light Metal Holdings Co's Cyclically Adjusted PS Ratio too high?
Nippon Light Metal Holdings Co's current Cyclically Adjusted PS Ratio of 0.32 is 28% above median its 10-year median of 0.25. Over the past 10 years, this metric has ranged from a low of 0.16 to a high of 0.45. The Metals & Mining industry median Cyclically Adjusted PS Ratio is 2.12. Nippon Light Metal Holdings Co's value of 0.32 is 84.9% below this industry median. Based on the distribution chart, Nippon Light Metal Holdings Co ranks #66 out of 575 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Nippon Light Metal Holdings Co has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nippon Light Metal Holdings Co's Cyclically Adjusted PS Ratio compare to AA and CENX?
According to the Metals & Mining industry distribution chart, Nippon Light Metal Holdings Co ranks #66 out of 575 companies for Cyclically Adjusted PS Ratio. This places Nippon Light Metal Holdings Co in the top 12% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 2.12. Nippon Light Metal Holdings Co's value of 0.32 is 84.9% below this benchmark. Historically, Nippon Light Metal Holdings Co's own Cyclically Adjusted PS Ratio has ranged from 0.16 to 0.45 over the past decade. While the company's 10-year median is 0.25 vs. the industry median of 2.12, Nippon Light Metal Holdings 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 PS Ratio for a Metals & Mining company?
The median Cyclically Adjusted PS Ratio among Metals & Mining companies is 2.12, based on 575 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Nippon Light Metal Holdings Co's current Cyclically Adjusted PS Ratio of 0.32 is 84.9% 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 PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Nippon Light Metal Holdings Co and its competitors. For the Metals & Mining industry, the median Cyclically Adjusted PS Ratio is 2.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nippon Light Metal Holdings Co's current Cyclically Adjusted PS Ratio is 0.32, which is 28% above median its own 10-year median of 0.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon Light Metal Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Nippon Light Metal Holdings Co (FRA:N9L) is currently considered Significantly Overvalued. The stock's GF Value™ is €10.69, compared to a current price of €15.30 — trading 43.1% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.32, which is 28% above median its 10-year median of 0.25 and 84.9% below the Metals & Mining industry median of 2.12. Nippon Light Metal Holdings Co's overall GF Score™ is 75/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Nippon Light Metal Holdings Co (FRA:N9L), the current Cyclically Adjusted PS Ratio is 0.32 as of Aug. 05, 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 Nippon Light Metal Holdings Co (FRA:N9L) Overvalued in 2026?

Based on GuruFocus' analysis, Nippon Light Metal Holdings Co stock appears to be overvalued. The current stock price of €15.30 is trading 43.1% above its estimated GF Value™ of €10.69. GuruFocus considers Nippon Light Metal Holdings Co to be Significantly Overvalued.

Key valuation signals for FRA:N9L:

  • Cyclically Adjusted PS Ratio: 0.32 (28% above median its 10-year median of 0.25)
  • GF Value™: €10.69 vs. price of €15.30 (43.1% above fair value)
  • GF Score™: 75/100 with 3 warning signs
  • Industry Position: 84.9% below the Metals & Mining median (#66 of 575)

No single metric tells the full story. See the FRA:N9L stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nippon Light Metal Holdings Co Business Description

Other Exchanges 5703:Japan
Address Tennozu Yusen Building, 2-2-20 Higashi-Shinagawa, Shinagawa-ku, Tokyo, JPN, 140-8628
Nippon Light Metal Holdings Co Ltd manufactures and sells alumina, aluminum, and fabricated products to customers worldwide. The company produces alloys, spark plug components, car suspension parts and aluminum sheets for the automotive industry and rolling stocks and truck cargo gates for the transportation industry. Nippon also manufactures other alloys, aluminum and alumina products for multiple end customers including the electrical, food, and construction industries. The company has operations throughout Asia as well as the United States and France.
75GF Score

Get the complete analysis for FRA:N9L

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

€15.30
Price
€10.69
GF Value