Nisshinbo Holdings (FRA:NBO) Cyclically Adjusted Revenue per Share: €18.59 (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
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.

FRA:NBO Nisshinbo Holdings Inc FRA:NBO
65 GF Score
Price €11.70
GF Value €5.63
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Nisshinbo Holdings Cyclically Adjusted Revenue per Share?

Nisshinbo Holdings FRA:NBO +1.74% 65 Cyclically Adjusted Revenue per Share is €18.59 as of Dec. 2025. GuruFocus rates FRA:NBO with a GF Score™ of 65/100 and a GF Value™ of €5.63 (Significantly Overvalued). The stock has 3 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

Nisshinbo Holdings's adjusted revenue per share for the three months ended in Dec. 2025 was €4.828. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is €18.59 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Nisshinbo Holdings's average Cyclically Adjusted Revenue Growth Rate was 0.10% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 2.40% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 3.50% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Nisshinbo Holdings was 5.90% per year. The lowest was 2.40% per year. And the median was 4.25% per year.

As of today (2026-07-21), Nisshinbo Holdings's current stock price is €11.70. Nisshinbo Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2025 was €18.59. Nisshinbo Holdings's Cyclically Adjusted PS Ratio of today is 0.63.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Nisshinbo Holdings was 0.71. The lowest was 0.21. And the median was 0.33.


Nisshinbo Holdings  (FRA:NBO) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

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.

Nisshinbo Holdings's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=11.70/18.59
=0.63

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Nisshinbo Holdings was 0.71. The lowest was 0.21. And the median was 0.33.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


Nisshinbo Holdings Cyclically Adjusted Revenue per Share Related Terms


Nisshinbo Holdings Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Nisshinbo Holdings's Cyclically Adjusted Revenue per Share 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.

Nisshinbo Holdings Cyclically Adjusted Revenue per Share Chart

Nisshinbo Holdings Annual Data
Trend Mar16 Mar17 Mar18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.16 22.67 21.20 20.79 18.59

Nisshinbo Holdings Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted Revenue per Share 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 21.71 20.62 19.42 18.59 0.00

FRA:NBO vs HON, MMM: Cyclically Adjusted Revenue per Share Comparison

For the Conglomerates subindustry, Nisshinbo Holdings'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.


Nisshinbo Holdings Cyclically Adjusted PS Ratio vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Nisshinbo Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


FRA:NBO
65GF Score
Nisshinbo Holdings Inc FRA:NBO
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nisshinbo Holdings Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Nisshinbo Holdings's adjusted Revenue per Share data for the three months ended in Dec. 2025 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=4.828/113.0000*113.0000
=4.828

Current CPI (Dec. 2025) = 113.0000.

Nisshinbo Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201603 7.735 97.900 8.928
201606 6.369 98.100 7.336
201609 6.870 98.000 7.922
201612 6.514 98.400 7.481
201703 8.156 98.100 9.395
201706 5.716 98.500 6.557
201709 5.703 98.800 6.523
201712 5.398 99.400 6.137
201803 7.113 99.200 8.103
201806 8.206 99.200 9.348
201809 5.615 99.900 6.351
201812 5.727 99.700 6.491
201903 6.610 99.700 7.492
201906 5.674 99.800 6.424
201909 6.014 100.100 6.789
201912 6.663 100.500 7.492
202003 7.241 100.300 8.158
202006 4.380 99.900 4.954
202009 5.043 99.900 5.704
202012 5.761 99.300 6.556
202103 6.849 99.900 7.747
202106 5.280 99.500 5.996
202109 5.420 100.100 6.118
202112 6.050 100.100 6.830
202203 6.389 101.100 7.141
202206 5.023 101.800 5.576
202209 5.439 103.100 5.961
202212 5.946 104.100 6.454
202303 6.408 104.400 6.936
202306 5.210 105.200 5.596
202309 5.189 106.200 5.521
202312 5.805 106.800 6.142
202403 5.110 107.200 5.386
202406 4.091 108.200 4.272
202409 4.404 108.900 4.570
202412 5.727 110.700 5.846
202503 5.990 111.100 6.092
202506 3.974 111.700 4.020
202509 4.049 112.000 4.085
202512 4.828 113.000 4.828

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

What does a Cyclically Adjusted Revenue per Share of €18.59 mean?
Nisshinbo Holdings (FRA:NBO) has a Cyclically Adjusted Revenue per Share of €18.59 as of Dec. 2025. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Nisshinbo Holdings and its competitors.
Is Nisshinbo Holdings' Cyclically Adjusted Revenue per Share too high?
Nisshinbo Holdings' current Cyclically Adjusted Revenue per Share is €18.59. Overall, Nisshinbo Holdings has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nisshinbo Holdings' Cyclically Adjusted Revenue per Share compare to HON and MMM?
Nisshinbo Holdings' Cyclically Adjusted Revenue per Share of €18.59 can be compared against companies in the Conglomerates industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Revenue per Share for a Conglomerates company?
A good Cyclically Adjusted Revenue per Share depends on the Conglomerates industry context. However, Cyclically Adjusted Revenue per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Revenue per Share mean?
A high Cyclically Adjusted Revenue per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Nisshinbo Holdings and its competitors. Nisshinbo Holdings's current Cyclically Adjusted Revenue per Share is €18.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nisshinbo Holdings stock overvalued right now?
Based on GuruFocus' analysis, Nisshinbo Holdings (FRA:NBO) is currently considered Significantly Overvalued. The stock's GF Value™ is €5.63, compared to a current price of €11.70 — trading 107.8% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is €18.59. Nisshinbo Holdings' overall GF Score™ is 65/100 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 Revenue per Share calculated?
Cyclically Adjusted Revenue per Share is calculated from a company's financial statements. For Nisshinbo Holdings (FRA:NBO), the current Cyclically Adjusted Revenue per Share is €18.59 as of Dec. 2025. 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 Nisshinbo Holdings (FRA:NBO) Overvalued in 2026?

Based on GuruFocus' analysis, Nisshinbo Holdings stock appears to be overvalued. The current stock price of €11.70 is trading 107.8% above its estimated GF Value™ of €5.63. GuruFocus considers Nisshinbo Holdings to be Significantly Overvalued.

Key valuation signals for FRA:NBO:

  • Cyclically Adjusted Revenue per Share: €18.59
  • GF Value™: €5.63 vs. price of €11.70 (107.8% above fair value)
  • GF Score™: 65/100 with 3 warning signs

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


Nisshinbo Holdings Business Description

Other Exchanges NSHBY:USA3105:Japan
Address 2-31-11, Ningyo-cho, Nihonbashi, Chuo-ku, Tokyo, JPN, 103-8650
Nisshinbo Holdings Inc is a Japan-based company that is mainly engaged in electronics, automobile brakes, textiles, paper, and precision instrument businesses. The company's electronics business provides shipping navigation technology, network equipment, microwave-related products, semiconductor devices, and others. The automobile brake business manufactures friction materials and assembly products. The textile business mainly manufactures non-iron shirts, non-woven fabrics, and spandex. The paper business mainly manufactures household paper, specialty paper, and processed paper products. The precision instrument business produces plastic molding parts, precision parts, and others.
65GF Score

Get the complete analysis for FRA:NBO

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

€11.70
Price
€5.63
GF Value