Nippon Carbon Co (FRA:NPV) Cyclically Adjusted Revenue per Share: €18.71 (As of Dec. 2025)

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FRA:NPV Nippon Carbon Co Ltd FRA:NPV
83 GF Score
Price €24.60
GF Value €24.07
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is Nippon Carbon Co Cyclically Adjusted Revenue per Share?

Nippon Carbon Co FRA:NPV +0.82% 83 Cyclically Adjusted Revenue per Share is €18.71 as of Dec. 2025. GuruFocus rates FRA:NPV with a GF Score™ of 83/100 and a GF Value™ of €24.07 (Fairly Valued). The stock has 6 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.

Nippon Carbon Co's adjusted revenue per share for the three months ended in Dec. 2025 was €5.081. 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 €18.71 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Nippon Carbon Co's average Cyclically Adjusted Revenue Growth Rate was 3.60% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 4.30% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 3.80% 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 Nippon Carbon Co was 4.90% per year. The lowest was -0.20% per year. And the median was 2.60% per year.

As of today (2026-07-15), Nippon Carbon Co's current stock price is €24.60. Nippon Carbon Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2025 was €18.71. Nippon Carbon Co's Cyclically Adjusted PS Ratio of today is 1.31.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Nippon Carbon Co was 2.73. The lowest was 0.87. And the median was 1.37.


Nippon Carbon Co  (FRA:NPV) 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.

Nippon Carbon Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=24.60/18.71
=1.31

* 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 Nippon Carbon Co was 2.73. The lowest was 0.87. And the median was 1.37.


Be Aware

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


Nippon Carbon Co Cyclically Adjusted Revenue per Share Related Terms


Nippon Carbon Co Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Nippon Carbon Co'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.

Nippon Carbon Co Cyclically Adjusted Revenue per Share Chart

Nippon Carbon Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.93 21.26 19.90 20.15 18.71

Nippon Carbon 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 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 20.71 19.99 19.54 18.71 0.00

FRA:NPV vs LIN, SHW, ECL: Cyclically Adjusted Revenue per Share 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.


FRA:NPV
83GF Score
Nippon Carbon Co Ltd FRA:NPV
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nippon Carbon Co 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, Nippon Carbon Co'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)
=5.081/113.0000*113.0000
=5.081

Current CPI (Dec. 2025) = 113.0000.

Nippon Carbon Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201603 4.005 97.900 4.623
201606 4.271 98.100 4.920
201609 4.191 98.000 4.832
201612 4.716 98.400 5.416
201703 4.276 98.100 4.925
201706 4.518 98.500 5.183
201709 5.039 98.800 5.763
201712 5.834 99.400 6.632
201803 5.879 99.200 6.697
201806 7.967 99.200 9.075
201809 9.157 99.900 10.358
201812 10.611 99.700 12.027
201903 8.711 99.700 9.873
201906 8.745 99.800 9.902
201909 7.462 100.100 8.424
201912 8.378 100.500 9.420
202003 4.748 100.300 5.349
202006 5.565 99.900 6.295
202009 4.146 99.900 4.690
202012 5.286 99.300 6.015
202103 4.246 99.900 4.803
202106 5.767 99.500 6.549
202109 5.379 100.100 6.072
202112 6.561 100.100 7.407
202203 5.417 101.100 6.055
202206 6.755 101.800 7.498
202209 5.302 103.100 5.811
202212 5.776 104.100 6.270
202303 4.869 104.400 5.270
202306 6.149 105.200 6.605
202309 5.018 106.200 5.339
202312 6.359 106.800 6.728
202403 4.692 107.200 4.946
202406 5.516 108.200 5.761
202409 4.919 108.900 5.104
202412 5.917 110.700 6.040
202503 4.467 111.100 4.543
202506 5.615 111.700 5.680
202509 4.781 112.000 4.824
202512 5.081 113.000 5.081

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 €18.71 mean?
Nippon Carbon Co (FRA:NPV) has a Cyclically Adjusted Revenue per Share of €18.71 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 Nippon Carbon Co and its competitors.
Is Nippon Carbon Co's Cyclically Adjusted Revenue per Share too high?
Nippon Carbon Co's current Cyclically Adjusted Revenue per Share is €18.71. Overall, Nippon Carbon Co has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nippon Carbon Co's Cyclically Adjusted Revenue per Share compare to LIN and SHW?
Nippon Carbon Co's Cyclically Adjusted Revenue per Share of €18.71 can be compared against companies in the Chemicals 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 Chemicals company?
A good Cyclically Adjusted Revenue per Share depends on the Chemicals 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 Nippon Carbon Co and its competitors. Nippon Carbon Co's current Cyclically Adjusted Revenue per Share is €18.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon Carbon Co stock overvalued right now?
Based on GuruFocus' analysis, Nippon Carbon Co (FRA:NPV) is currently considered Fairly Valued. The stock's GF Value™ is €24.07, compared to a current price of €24.60 — trading 2.2% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is €18.71. Nippon Carbon Co's overall GF Score™ is 83/100 with 6 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 Nippon Carbon Co (FRA:NPV), the current Cyclically Adjusted Revenue per Share is €18.71 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 Nippon Carbon Co (FRA:NPV) Overvalued in 2026?

Based on GuruFocus' analysis, Nippon Carbon Co stock appears to be overvalued. The current stock price of €24.60 is trading 2.2% above its estimated GF Value™ of €24.07. GuruFocus considers Nippon Carbon Co to be Fairly Valued.

Key valuation signals for FRA:NPV:

  • Cyclically Adjusted Revenue per Share: €18.71
  • GF Value™: €24.07 vs. price of €24.60 (2.2% above fair value)
  • GF Score™: 83/100 with 6 warning signs

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


Nippon Carbon Co Business Description

Other Exchanges NCRBF:USA5302:Japan
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.
83GF Score

Get the complete analysis for FRA:NPV

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

€24.60
Price
€24.07
GF Value