NHBAF (Nichiban Co) Cyclically Adjusted PS Ratio: 0.77 (As of Jul. 05, 2026) — Near Median


NHBAF Nichiban Co Ltd NHBAF
73 GF Score
Price $12.70
GF Value $13.73
! 4 Warning Signs
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What is Nichiban Co Cyclically Adjusted PS Ratio?

Nichiban Co NHBAF 73 Cyclically Adjusted PS Ratio is 0.77 as of Jul. 05, 2026, which is 7% below its 10-year median of 0.83. GuruFocus rates NHBAF with a GF Score™ of 73/100 and a GF Value™ of $13.73. The stock has 4 warning signs investors should review. Among 2,299 Industrial Products companies, Nichiban Co ranks better than 72.9% on this metric.

As of today (2026-07-05), Nichiban Co's current share price is $12.70. Nichiban Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $16.49. Nichiban Co's Cyclically Adjusted PS Ratio for today is 0.77.

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

NHBAF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.59   Med: 0.83   Max: 1.74
Current: 0.78

During the past years, Nichiban Co's highest Cyclically Adjusted PS Ratio was 1.74. The lowest was 0.59. And the median was 0.83.

NHBAF's Cyclically Adjusted PS Ratio is ranked better than
72.9% of 2299 companies
in the Industrial Products industry
Industry Median: 1.89 vs NHBAF: 0.78

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.

Nichiban Co's adjusted revenue per share data for the three months ended in Mar. 2026 was $3.938. 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 $16.49 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nichiban Co  (OTCPK:NHBAF) 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.


Nichiban Co Cyclically Adjusted PS Ratio Related Terms


Nichiban Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Nichiban 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.

Nichiban Co Cyclically Adjusted PS Ratio Chart

Nichiban 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 0.80 0.87 0.87 0.84 0.77

Nichiban 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 0.84 0.80 0.82 0.82 0.77

Nichiban Co Cyclically Adjusted PS Ratio Competitor Comparison

For the Business Equipment & Supplies subindustry, Nichiban 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.


Nichiban Co Cyclically Adjusted PS Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Nichiban Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


NHBAF
73GF Score
Nichiban Co Ltd NHBAF
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Nichiban 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.

Nichiban Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=12.70/16.49
=0.77

* 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.

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

For example, Nichiban 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)
=3.938/112.7000*112.7000
=3.938

Current CPI (Mar. 2026) = 112.7000.

Nichiban Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 4.774 98.100 5.485
201609 5.257 98.000 6.046
201612 4.767 98.400 5.460
201703 4.775 98.100 5.486
201706 4.678 98.500 5.352
201709 5.092 98.800 5.808
201712 5.391 99.400 6.112
201803 5.086 99.200 5.778
201806 4.967 99.200 5.643
201809 5.161 99.900 5.822
201812 5.328 99.700 6.023
201903 5.086 99.700 5.749
201906 4.683 99.800 5.288
201909 5.295 100.100 5.962
201912 5.047 100.500 5.660
202003 4.647 100.300 5.222
202006 4.125 99.900 4.654
202009 4.791 99.900 5.405
202012 5.334 99.300 6.054
202103 4.524 99.900 5.104
202106 4.452 99.500 5.043
202109 4.550 100.100 5.123
202112 4.914 100.100 5.533
202203 4.477 101.100 4.991
202206 3.762 101.800 4.165
202209 3.735 103.100 4.083
202212 4.504 104.100 4.876
202303 4.162 104.400 4.493
202306 3.746 105.200 4.013
202309 3.788 106.200 4.020
202312 4.413 106.800 4.657
202403 3.714 107.200 3.905
202406 3.595 108.200 3.745
202409 4.205 108.900 4.352
202412 4.353 110.700 4.432
202503 3.979 111.100 4.036
202506 4.053 111.700 4.089
202509 4.060 112.000 4.085
202512 4.286 113.000 4.275
202603 3.938 112.700 3.938

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 0.77 mean?
Nichiban Co (NHBAF) has a Cyclically Adjusted PS Ratio of 0.77 as of Jul. 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 Nichiban Co and its competitors. This is near median its historical median of 0.83. Over the past decade, Nichiban Co's Cyclically Adjusted PS Ratio has ranged from 0.59 to 1.74. According to the industry distribution chart, Nichiban Co ranks #623 out of 2299 companies in the Industrial Products industry, placing it in the top 27.1%.
Is Nichiban Co's Cyclically Adjusted PS Ratio too high?
Nichiban Co's current Cyclically Adjusted PS Ratio of 0.77 is near median its 10-year median of 0.83. Over the past 10 years, this metric has ranged from a low of 0.59 to a high of 1.74. The Industrial Products industry median Cyclically Adjusted PS Ratio is 1.89. Nichiban Co's value of 0.77 is 59.3% below this industry median. Based on the distribution chart, Nichiban Co ranks #623 out of 2299 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Nichiban Co has a GF Score™ of 73/100, reflecting its overall financial health beyond just this single metric.
How does Nichiban Co's Cyclically Adjusted PS Ratio compare to competitors?
According to the Industrial Products industry distribution chart, Nichiban Co ranks #623 out of 2299 companies for Cyclically Adjusted PS Ratio. This puts Nichiban Co in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.89. Nichiban Co's value of 0.77 is 59.3% below this benchmark. Historically, Nichiban Co's own Cyclically Adjusted PS Ratio has ranged from 0.59 to 1.74 over the past decade. While the company's 10-year median is 0.83 vs. the industry median of 1.89, Nichiban 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 an Industrial Products company?
The median Cyclically Adjusted PS Ratio among Industrial Products companies is 1.89, based on 2,299 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. Nichiban Co's current Cyclically Adjusted PS Ratio of 0.77 is 59.3% 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 Nichiban Co and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PS Ratio is 1.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nichiban Co's current Cyclically Adjusted PS Ratio is 0.77, which is near median its own 10-year median of 0.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nichiban Co stock overvalued right now?
Nichiban Co (NHBAF) has a current Cyclically Adjusted PS Ratio of 0.77. The stock's GF Value™ is $13.73, compared to a current price of $12.70 — trading 7.5% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.77, which is near median its 10-year median of 0.83 and 59.3% below the Industrial Products industry median of 1.89. Nichiban Co's overall GF Score™ is 73/100 with 4 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 Nichiban Co (NHBAF), the current Cyclically Adjusted PS Ratio is 0.77 as of Jul. 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 Nichiban Co (NHBAF) Overvalued in 2026?

Based on GuruFocus' analysis, Nichiban Co stock appears to be undervalued. The current stock price of $12.70 is trading 7.5% below its estimated GF Value™ of $13.73.

Key valuation signals for NHBAF:

  • Cyclically Adjusted PS Ratio: 0.77 (near median its 10-year median of 0.83)
  • GF Value™: $13.73 vs. price of $12.70 (7.5% below fair value)
  • GF Score™: 73/100 with 4 warning signs
  • Industry Position: 59.3% below the Industrial Products median (#623 of 2299)

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


Nichiban Co Business Description

Other Exchanges 4218:Japan
Address 2-3-3, Sekiguchi, Bunkyo-ku, Tokyo, JPN, 112-8663
Nichiban Co Ltd is a Japan based company engaged in the business of manufacturing and selling products in the field of medical supplies, healthcare, industrial products and industrial products. It offers hemostatic solutions, wound care dressing and surgical tapes, industrial products for manufacturing and distribution and automotive industry, stationery products, TDS pharmaceutical pain relief plaster and foot care products, sports medical battlewin taping tape and first aid bandage.
73GF Score

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

$12.70
Price
$13.73
GF Value