NCRBF (Nippon Carbon Co) Cyclically Adjusted PS Ratio: (As of Aug. 16, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NCRBF Nippon Carbon Co Ltd NCRBF
80 GF Score
Price $27.63
GF Value $22.10
Valuation Modestly Overvalued
! 3 Warning Signs
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What is Nippon Carbon Co Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Nippon Carbon Co  (OTCPK:NCRBF) 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 Carbon Co Cyclically Adjusted PS Ratio Related Terms


Nippon Carbon Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Nippon Carbon 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 Carbon Co Cyclically Adjusted PS Ratio Chart

Nippon Carbon Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.42 1.36 1.37 1.30 1.26

Nippon Carbon 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 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 1.19 1.26 1.26 1.27 0.00

NCRBF vs LIN, SHW, ECL: Cyclically Adjusted PS Ratio Comparison

For the Specialty Chemicals subindustry, Nippon Carbon 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 Carbon Co Cyclically Adjusted PS Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Nippon Carbon Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


NCRBF
80GF Score
Nippon Carbon Co Ltd NCRBF
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Nippon Carbon 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 Carbon Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Nippon Carbon Co's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0/113.6000*113.6000
=0.000

Current CPI (Jun. 2026) = 113.6000.

Nippon Carbon Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 4.704 98.000 5.453
201612 4.975 98.400 5.743
201703 4.573 98.100 5.296
201706 5.077 98.500 5.855
201709 6.006 98.800 6.906
201712 6.905 99.400 7.891
201803 7.249 99.200 8.301
201806 9.308 99.200 10.659
201809 10.685 99.900 12.150
201812 12.072 99.700 13.755
201903 9.843 99.700 11.215
201906 9.882 99.800 11.248
201909 8.218 100.100 9.326
201912 9.309 100.500 10.522
202003 5.246 100.300 5.942
202006 6.267 99.900 7.126
202009 4.883 99.900 5.553
202012 6.430 99.300 7.356
202103 5.054 99.900 5.747
202106 6.948 99.500 7.933
202109 6.329 100.100 7.183
202112 7.413 100.100 8.413
202203 5.965 101.100 6.703
202206 7.140 101.800 7.968
202209 5.250 103.100 5.785
202212 6.118 104.100 6.676
202303 5.213 104.400 5.672
202306 6.662 105.200 7.194
202309 5.355 106.200 5.728
202312 6.935 106.800 7.377
202403 5.100 107.200 5.404
202406 5.937 108.200 6.233
202409 5.459 108.900 5.695
202412 6.196 110.700 6.358
202503 4.829 111.100 4.938
202506 6.477 111.700 6.587
202509 5.612 112.000 5.692
202512 5.949 113.000 5.981
202603 5.057 112.700 5.097
202606 0.000 113.600 0.000

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.

Is Nippon Carbon Co (NCRBF) Overvalued in 2026?

Based on GuruFocus' analysis, Nippon Carbon Co stock appears to be overvalued. The current stock price of $27.63 is trading 25% above its estimated GF Value™ of $22.10. GuruFocus considers Nippon Carbon Co to be Modestly Overvalued.

Key valuation signals for NCRBF:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: $22.10 vs. price of $27.63 (25% above fair value)
  • GF Score™: 80/100 with 3 warning signs

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


Nippon Carbon Co Business Description

Other Exchanges 5302:JapanNPV:Germany
Address 6-1, Hacchobori 2-chome, Chuo ku, Tokyo, JPN, 104-0032
Nippon Carbon Co Ltd engages in the manufacture and sale of carbon products. It provides products in following categories: Carbon Products, Silicon carbide products, and Others. The Carbon Products include artificial graphite electrode, impervious graphite products, isotropic high purity graphite products, a machine for graphite products, general purpose carbon fibers, and graphite fibers, containing resin graphite fibers made of packing, flexible graphite sealing material, and node material for lithium ion battery. Silicon carbide products are involved in the development and sale of ceramic matrix composite. Other category deals with manufacturing industrial machinery, mechanical repair, building and parking leasing.
80GF Score

Get the complete analysis for NCRBF

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

$27.63
Price
$22.10
GF Value