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Nitto KogyoNELEF 94 Shiller PE Ratio is 21.02 as of Sep. 08, 2026, which is 18% above its 10-year median of 17.80. GuruFocus rates NELEF with a GF Score™ of 94/100 and a GF Value™ of $21.92. The stock has 1 warning sign investors should review. Among 1,798 Industrial Products companies, Nitto Kogyo ranks better than 62.74% on this metric.
As of today (2026-09-08), Nitto Kogyo's current share price is $21.65. Nitto Kogyo's E10 for the quarter that ended in Mar. 2026 was $1.03. Nitto Kogyo's Shiller PE Ratio for today is 21.02.
The historical rank and industry rank for Nitto Kogyo's Shiller PE Ratio or its related term are showing as below:
NELEF'
s Shiller PE Ratio Range Over the Past 10 Years
Min: 9.59 Med: 17.8 Max: 26.84
Current: 21.41
During the past years, Nitto Kogyo's highest Shiller PE Ratio was 26.84. The lowest was 9.59. And the median was 17.80.
NELEF's Shiller PE Ratio is ranked better than 62.74% of 1798
companies
in the Industrial Products industry
Industry Median: 28.9
vs NELEF: 21.41
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.
Nitto Kogyo's adjusted earnings per share data for the three months ended in Mar. 2026 was $0.573. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $1.03 for the trailing ten years ended in Mar. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Nitto Kogyo (OTCPK:NELEF) Shiller PE Ratio Explanation
Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.
If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.
Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.
Be Aware
Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.
Nitto Kogyo Shiller PE Ratio Related Terms
Nitto Kogyo Shiller PE Ratio Historical Data
* Premium members only.
The historical data trend for Nitto Kogyo's Shiller PE 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.
For the Electrical Equipment & Parts subindustry, Nitto Kogyo's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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.
Nitto Kogyo Shiller PE Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Nitto Kogyo's Shiller PE Ratio distribution charts can be found below:
* The bar in red indicates where Nitto Kogyo's Shiller PE Ratio falls into.
For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.
The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.
Nitto Kogyo's Shiller PE Ratio for today is calculated as
* 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.
Nitto Kogyo's E10 for the quarter that ended in Mar. 2026 is calculated as:
For example, Nitto Kogyo's adjusted earnings per share data for the three months ended in Mar. 2026 was:
Add all the adjusted EPS together and divide 10 will get our E10.
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.
Nitto Kogyo (NELEF) has a Shiller PE Ratio of 21.02 as of Sep. 08, 2026. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on Nitto Kogyo and its competitors. This is 18% above median its historical median of 17.80. Over the past decade, Nitto Kogyo's Shiller PE Ratio has ranged from 9.59 to 26.84. According to the industry distribution chart, Nitto Kogyo ranks #670 out of 1798 companies in the Industrial Products industry, placing it in the top 37.3%.
Is Nitto Kogyo's Shiller PE Ratio too high?
Nitto Kogyo's current Shiller PE Ratio of 21.02 is 18% above median its 10-year median of 17.80. Over the past 10 years, this metric has ranged from a low of 9.59 to a high of 26.84. The Industrial Products industry median Shiller PE Ratio is 28.90. Nitto Kogyo's value of 21.02 is 27.3% below this industry median. Based on the distribution chart, Nitto Kogyo ranks #670 out of 1798 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Nitto Kogyo has a GF Score™ of 94/100, reflecting its overall financial health beyond just this single metric.
How does Nitto Kogyo's Shiller PE Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, Nitto Kogyo ranks #670 out of 1798 companies for Shiller PE Ratio. This puts Nitto Kogyo in the upper half of its industry. The industry median Shiller PE Ratio is 28.90. Nitto Kogyo's value of 21.02 is 27.3% below this benchmark. Historically, Nitto Kogyo's own Shiller PE Ratio has ranged from 9.59 to 26.84 over the past decade. While the company's 10-year median is 17.80 vs. the industry median of 28.90, Nitto Kogyo 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 Shiller PE Ratio for an Industrial Products company?
The median Shiller PE Ratio among Industrial Products companies is 28.90, based on 1,798 companies in the industry. Companies in the top quartile (top 25%) have a Shiller PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Shiller PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Nitto Kogyo's current Shiller PE Ratio of 21.02 is 27.3% 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 Shiller PE Ratio mean?
A high Shiller PE Ratio can signal that a stock is expensive relative to its fundamentals. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on Nitto Kogyo and its competitors. For the Industrial Products industry, the median Shiller PE Ratio is 28.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nitto Kogyo's current Shiller PE Ratio is 21.02, which is 18% above median its own 10-year median of 17.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nitto Kogyo stock overvalued right now?
Nitto Kogyo (NELEF) has a current Shiller PE Ratio of 21.02. The stock's GF Value™ is $21.92, compared to a current price of $21.65 — trading 1.2% below its estimated fair value. The current Shiller PE Ratio is 21.02, which is 18% above median its 10-year median of 17.80 and 27.3% below the Industrial Products industry median of 28.90. Nitto Kogyo's overall GF Score™ is 94/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shiller PE Ratio calculated?
Shiller PE Ratio is calculated from a company's financial statements. For Nitto Kogyo (NELEF), the current Shiller PE Ratio is 21.02 as of Sep. 08, 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 Nitto Kogyo (NELEF) Overvalued in 2026?
Based on GuruFocus' analysis, Nitto Kogyo stock appears to be undervalued.
The current stock price of $21.65 is trading 1.2% below its estimated GF Value™ of $21.92.
Key valuation signals for NELEF:
Shiller PE Ratio: 21.02 (18% above median its 10-year median of 17.80)
GF Value™: $21.92 vs. price of $21.65 (1.2% below fair value)
Industry Position: 27.3% below the Industrial Products median (#670 of 1798)
No single metric tells the full story. See the NELEF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nitto Kogyo Corp is a Japan-based company which provides a wide range of product materials, such as electric circuit panelboard powered high-pressure equipment, such as information and communications-related materials. It is engaged in manufacture and sales of electric and mechanical equipment such as high-voltage power-receiving equipment, panel boards, home panel boards, charging stations, optical junction boxes, metal enclosures, plastic enclosures, racks, breakers, switches, thermal management products, and so on. The company is also in Power Generation and sales business.
94GF Score
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