Because of multi-hop wireless communication, P2P applications in ad hoc networks suffer poor performance. We Propose neighbor caching strategy to overcome this shortcoming and show it is more efficient than self caching that nodes store data in theirs own cache individually. A node can extend its caching storage instantaneously with neighbor caching by borrowing the storage from idle neighbors, so overcome multi-hop wireless communications with data source long distance away from itself. We also present the ranking based prediction that selects the most appropriate neighbor which data can be stored in. The node that uses the ranking based prediction can select the neighbor that has high possibility to keep data for a long time and avoid caching the low ranked data. Therefore the ranking based prediction improves the throughput of neighbor caching. In the simulation results, we observe that neighbor caching has better performance, as large as network size, as long as idle time, and as small as cache size. We also show the ranking based prediction is an adaptive algorithm that adjusts times of data movement into the neighbor, so makes neighbor caching flexible according to the idleness of nodes