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NH Foods (NH Foods) Cyclically Adjusted Book per Share : $12.83 (As of Mar. 2024)


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What is NH Foods Cyclically Adjusted Book per Share?

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 Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

NH Foods's adjusted book value per share for the three months ended in Mar. 2024 was $17.150. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is $12.83 for the trailing ten years ended in Mar. 2024.

During the past 12 months, NH Foods's average Cyclically Adjusted Book Growth Rate was 6.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 6.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 5.90% 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 Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of NH Foods was 6.90% per year. The lowest was 4.00% per year. And the median was 4.85% per year.

As of today (2024-06-09), NH Foods's current stock price is $16.25. NH Foods's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $12.83. NH Foods's Cyclically Adjusted PB Ratio of today is 1.27.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of NH Foods was 2.41. The lowest was 0.86. And the median was 1.30.


NH Foods Cyclically Adjusted Book per Share Historical Data

The historical data trend for NH Foods's Cyclically Adjusted Book 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.

* Premium members only.

NH Foods Cyclically Adjusted Book per Share Chart

NH Foods Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.44 16.01 17.61 15.97 12.83

NH Foods Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Book 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 15.97 15.98 14.22 13.50 12.83

Competitive Comparison of NH Foods's Cyclically Adjusted Book per Share

For the Packaged Foods subindustry, NH Foods's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB 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.


NH Foods's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, NH Foods's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where NH Foods's Cyclically Adjusted PB Ratio falls into.



NH Foods Cyclically Adjusted Book 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 Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

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

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value 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 Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Book 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, NH Foods's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book= Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=17.15/107.2000*107.2000
=17.150

Current CPI (Mar. 2024) = 107.2000.

NH Foods Quarterly Data

Book Value per Share CPI Adj_Book
201406 15.399 98.000 16.845
201409 15.130 98.500 16.466
201412 14.439 97.900 15.811
201503 14.421 97.900 15.791
201506 14.069 98.400 15.327
201509 14.611 98.500 15.902
201512 14.924 98.100 16.308
201603 15.490 97.900 16.961
201606 16.331 98.100 17.846
201609 17.332 98.000 18.959
201612 16.144 98.400 17.588
201703 15.901 98.100 17.376
201706 17.255 98.500 18.779
201709 17.793 98.800 19.306
201712 18.140 99.400 19.563
201803 18.334 99.200 19.813
201806 17.679 99.200 19.105
201809 17.583 99.900 18.868
201812 17.700 99.700 19.031
201903 17.530 99.700 18.849
201906 17.904 99.800 19.232
201909 18.063 100.100 19.344
201912 18.542 100.500 19.778
202003 18.248 100.300 19.503
202006 18.421 99.900 19.767
202009 19.163 99.900 20.563
202012 19.915 99.300 21.499
202103 19.520 99.900 20.946
202106 19.215 99.500 20.702
202109 19.744 100.100 21.144
202112 19.794 100.100 21.198
202203 19.742 101.100 20.933
202206 17.737 101.800 18.678
202209 16.858 103.100 17.528
202212 17.827 104.100 18.358
202303 17.988 104.400 18.470
202306 17.250 105.200 17.578
202309 16.894 106.200 17.053
202312 17.553 106.800 17.619
202403 17.150 107.200 17.150

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


NH Foods  (OTCPK:NIPMY) Cyclically Adjusted Book per Share Explanation

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

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB 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 PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

NH Foods's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=16.25/12.83
=1.27

* 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 PB Ratio of NH Foods was 2.41. The lowest was 0.86. And the median was 1.30.


Be Aware

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


NH Foods Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of NH Foods's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


NH Foods (NH Foods) Business Description

Traded in Other Exchanges
Address
Breeze Tower, 4-9, Umeda 2-chome, Kita-ku, Osaka, JPN, 530-0001
NH Foods Ltd is a Japanese packaged-food company. The company offers a wide range of products: hams, sausages, processed foods, marine products, dairy products, and health food. The meat segment is the largest and includes chicken, pork, and beef. The largest categories are processed foods and ham and sausages, followed by marine products and dairy products. The main market is Japan, but the company has worldwide operations in the U.K., Germany, Turkey, Australia, Brazil, Chile, the Americas, and other Asian countries.

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