NPCPF (Nippon Paint Holdings Co) Cyclically Adjusted PS Ratio: 1.79 (As of Jul. 12, 2026) — 42% Below Median


NPCPF Nippon Paint Holdings Co Ltd NPCPF
85 GF Score
Price $6.99
GF Value $8.06
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Nippon Paint Holdings Co Cyclically Adjusted PS Ratio?

Nippon Paint Holdings Co NPCPF 85 Cyclically Adjusted PS Ratio is 1.79 as of Jul. 12, 2026, which is 42% below its 10-year median of 3.06. GuruFocus rates NPCPF with a GF Score™ of 85/100 and a GF Value™ of $8.06 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,279 Chemicals companies, Nippon Paint Holdings Co ranks worse than 61.61% on this metric.

As of today (2026-07-12), Nippon Paint Holdings Co's current share price is $6.99. Nippon Paint Holdings Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $3.91. Nippon Paint Holdings Co's Cyclically Adjusted PS Ratio for today is 1.79.

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

NPCPF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.72   Med: 3.06   Max: 8.88
Current: 1.89

During the past years, Nippon Paint Holdings Co's highest Cyclically Adjusted PS Ratio was 8.88. The lowest was 1.72. And the median was 3.06.

NPCPF's Cyclically Adjusted PS Ratio is ranked worse than
61.61% of 1279 companies
in the Chemicals industry
Industry Median: 1.32 vs NPCPF: 1.89

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 Paint Holdings Co's adjusted revenue per share data for the three months ended in Mar. 2026 was $1.330. 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 $3.91 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nippon Paint Holdings Co  (OTCPK:NPCPF) 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 Paint Holdings Co Cyclically Adjusted PS Ratio Related Terms


Nippon Paint Holdings Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

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

Nippon Paint Holdings Co Annual Data
Trend Mar16 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 3.69 2.66 2.58 2.00 1.87

Nippon Paint 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 2.13 2.15 1.83 1.87 1.71

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

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

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

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


NPCPF
85GF Score
Nippon Paint Holdings Co Ltd NPCPF
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Nippon Paint 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 Paint Holdings Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=6.99/3.91
=1.79

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

For example, Nippon Paint 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)
=1.33/112.7000*112.7000
=1.330

Current CPI (Mar. 2026) = 112.7000.

Nippon Paint Holdings Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.719 98.100 0.826
201609 0.815 98.000 0.937
201612 1.160 98.400 1.329
201703 0.750 98.100 0.862
201706 0.877 98.500 1.003
201709 0.907 98.800 1.035
201712 0.869 99.400 0.985
201803 0.877 99.200 0.996
201806 0.929 99.200 1.055
201809 0.897 99.900 1.012
201812 0.851 99.700 0.962
201903 0.827 99.700 0.935
201906 0.952 99.800 1.075
201909 1.059 100.100 1.192
201912 1.125 100.500 1.262
202003 0.943 100.300 1.060
202006 1.057 99.900 1.192
202009 1.265 99.900 1.427
202012 1.297 99.300 1.472
202103 0.955 99.900 1.077
202106 1.002 99.500 1.135
202109 0.984 100.100 1.108
202112 0.980 100.100 1.103
202203 1.024 101.100 1.141
202206 1.071 101.800 1.186
202209 1.063 103.100 1.162
202212 1.039 104.100 1.125
202303 1.052 104.400 1.136
202306 1.092 105.200 1.170
202309 1.132 106.200 1.201
202312 1.055 106.800 1.113
202403 1.092 107.200 1.148
202406 1.167 108.200 1.216
202409 1.208 108.900 1.250
202412 1.526 110.700 1.554
202503 1.159 111.100 1.176
202506 1.316 111.700 1.328
202509 1.342 112.000 1.350
202512 0.876 113.000 0.874
202603 1.330 112.700 1.330

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 1.79 mean?
Nippon Paint Holdings Co (NPCPF) has a Cyclically Adjusted PS Ratio of 1.79 as of Jul. 12, 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 Paint Holdings Co and its competitors. This is 42% below median its historical median of 3.06. Over the past decade, Nippon Paint Holdings Co's Cyclically Adjusted PS Ratio has ranged from 1.72 to 8.88. According to the industry distribution chart, Nippon Paint Holdings Co ranks #788 out of 1279 companies in the Chemicals industry, placing it in the top 61.6%.
Is Nippon Paint Holdings Co's Cyclically Adjusted PS Ratio too high?
Nippon Paint Holdings Co's current Cyclically Adjusted PS Ratio of 1.79 is 42% below median its 10-year median of 3.06. Over the past 10 years, this metric has ranged from a low of 1.72 to a high of 8.88. The Chemicals industry median Cyclically Adjusted PS Ratio is 1.32. Nippon Paint Holdings Co's value of 1.79 is 35.6% above this industry median. Based on the distribution chart, Nippon Paint Holdings Co ranks #788 out of 1279 companies in the Chemicals industry, which is below the industry midpoint. Overall, Nippon Paint Holdings Co has a GF Score™ of 85/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nippon Paint Holdings Co's Cyclically Adjusted PS Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Nippon Paint Holdings Co ranks #788 out of 1279 companies for Cyclically Adjusted PS Ratio. This places Nippon Paint Holdings Co in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.32. Nippon Paint Holdings Co's value of 1.79 is 35.6% above this benchmark. Historically, Nippon Paint Holdings Co's own Cyclically Adjusted PS Ratio has ranged from 1.72 to 8.88 over the past decade. While the company's 10-year median is 3.06 vs. the industry median of 1.32, Nippon Paint Holdings 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 PS Ratio for a Chemicals company?
The median Cyclically Adjusted PS Ratio among Chemicals companies is 1.32, based on 1,279 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 Paint Holdings Co's current Cyclically Adjusted PS Ratio of 1.79 is 35.6% 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 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 Paint Holdings Co and its competitors. For the Chemicals industry, the median Cyclically Adjusted PS Ratio is 1.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nippon Paint Holdings Co's current Cyclically Adjusted PS Ratio is 1.79, which is 42% below median its own 10-year median of 3.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon Paint Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Nippon Paint Holdings Co (NPCPF) is currently considered Modestly Undervalued. The stock's GF Value™ is $8.06, compared to a current price of $6.99 — trading 13.3% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.79, which is 42% below median its 10-year median of 3.06 and 35.6% above the Chemicals industry median of 1.32. Nippon Paint Holdings Co's overall GF Score™ is 85/100 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 Paint Holdings Co (NPCPF), the current Cyclically Adjusted PS Ratio is 1.79 as of Jul. 12, 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 Paint Holdings Co (NPCPF) Overvalued in 2026?

Based on GuruFocus' analysis, Nippon Paint Holdings Co stock appears to be undervalued. The current stock price of $6.99 is trading 13.3% below its estimated GF Value™ of $8.06. GuruFocus considers Nippon Paint Holdings Co to be Modestly Undervalued.

Key valuation signals for NPCPF:

  • Cyclically Adjusted PS Ratio: 1.79 (42% below median its 10-year median of 3.06)
  • GF Value™: $8.06 vs. price of $6.99 (13.3% below fair value)
  • GF Score™: 85/100 with 3 warning signs
  • Industry Position: 35.6% above the Chemicals median (#788 of 1279)

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


Nippon Paint Holdings Co Business Description

Address 2-1-2 Oyodo Kita, Kita-ku, Osaka, JPN, 531-8511
Nippon Paint is a global paint company with operations in over 50 countries. About two-thirds of sales are in decorative paint, serving mostly residential and some commercial customers. It has the dominant share of the paint markets in China and some smaller Asian countries, as well as Australia. In other regions, it's often one of the three largest players. Its products are distributed via paint and home improvement retailers, some 300,000 distributors globally. Household brands include Nipsea, Nippon Paint, Dulux (in Asia, the Pacific, and Europe), British Paints, Betek Boya, and Alina, among others. About one-fourth of sales are in industrial coatings and paints. Here, customer groups include manufacturers of automotive and industrial products.
85GF Score

Get the complete analysis for NPCPF

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

$6.99
Price
$8.06
GF Value