We investigated the accuracy of nickel-cadmium (Ni/Cd) battery degradation estimation by measuring the capacity of over 400 used cordless-telephone batteries using a discharge-current-pulse technique. The capacity is calculated from the change in battery voltage after the current pulse is applied, using an equation that we developed. Battery degradation is represented by a percentage of the capacity based on the nominal one. To estimate the accuracy of the degradation estimation, we compare capacity Qe estimated from the current pulse with the capacity Qa measured by discharging the batteries. The Qe estimated from the current pulse was within a range of 20% of error indicated by (Qe-Qa) for 47% of the tested batteries. The Qe of 51% of the batteries, however, was underestimated and exceeded lower limit (-20%) of the error. One reason for the discrepancy could be that the equation is inadequate for estimating the capacity from the current pulse. On the other hand, the capacity Qe of 1% of the batteries was overestimated and exceeded upper limit (+20%) of the error. An internal short is probably the main reason for this.