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NAPCO Security Technologies (NAPCO Security Technologies) Cyclically Adjusted PB Ratio : 18.04 (As of Apr. 30, 2024)


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What is NAPCO Security Technologies Cyclically Adjusted PB Ratio?

As of today (2024-04-30), NAPCO Security Technologies's current share price is $43.12. NAPCO Security Technologies's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $2.39. NAPCO Security Technologies's Cyclically Adjusted PB Ratio for today is 18.04.

The historical rank and industry rank for NAPCO Security Technologies's Cyclically Adjusted PB Ratio or its related term are showing as below:

NSSC' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.65   Med: 6.11   Max: 18.89
Current: 18.04

During the past years, NAPCO Security Technologies's highest Cyclically Adjusted PB Ratio was 18.89. The lowest was 1.65. And the median was 6.11.

NSSC's Cyclically Adjusted PB Ratio is ranked worse than
97.7% of 652 companies
in the Business Services industry
Industry Median: 1.54 vs NSSC: 18.04

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.

NAPCO Security Technologies's adjusted book value per share data for the three months ended in Dec. 2023 was $4.295. 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 $2.39 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


NAPCO Security Technologies Cyclically Adjusted PB Ratio Historical Data

The historical data trend for NAPCO Security Technologies's Cyclically Adjusted PB 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.

* Premium members only.

NAPCO Security Technologies Cyclically Adjusted PB Ratio Chart

NAPCO Security Technologies Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.35 8.29 11.23 10.59 15.48

NAPCO Security Technologies Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted PB Ratio 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 13.37 17.44 15.48 9.57 14.33

Competitive Comparison of NAPCO Security Technologies's Cyclically Adjusted PB Ratio

For the Security & Protection Services subindustry, NAPCO Security Technologies'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.


NAPCO Security Technologies's Cyclically Adjusted PB Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, NAPCO Security Technologies's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where NAPCO Security Technologies's Cyclically Adjusted PB Ratio falls into.



NAPCO Security Technologies Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

NAPCO Security Technologies's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=43.12/2.39
=18.04

* 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.

NAPCO Security Technologies's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, NAPCO Security Technologies's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=4.295/129.4194*129.4194
=4.295

Current CPI (Dec. 2023) = 129.4194.

NAPCO Security Technologies Quarterly Data

Book Value per Share CPI Adj_Book
201403 1.062 99.695 1.379
201406 1.127 100.560 1.450
201409 1.125 100.428 1.450
201412 1.140 99.070 1.489
201503 1.143 99.621 1.485
201506 1.226 100.684 1.576
201509 1.234 100.392 1.591
201512 1.251 99.792 1.622
201603 1.273 100.470 1.640
201606 1.365 101.688 1.737
201609 1.381 101.861 1.755
201612 1.405 101.863 1.785
201703 1.427 102.862 1.795
201706 1.509 103.349 1.890
201709 1.534 104.136 1.906
201712 1.566 104.011 1.949
201803 1.595 105.290 1.961
201806 1.694 106.317 2.062
201809 1.704 106.507 2.071
201812 1.742 105.998 2.127
201903 1.797 107.251 2.168
201906 1.926 108.070 2.306
201909 2.014 108.329 2.406
201912 2.119 108.420 2.529
202003 2.174 108.902 2.584
202006 2.086 108.767 2.482
202009 2.189 109.815 2.580
202012 2.278 109.897 2.683
202103 2.399 111.754 2.778
202106 2.517 114.631 2.842
202109 2.754 115.734 3.080
202112 2.818 117.630 3.100
202203 2.885 121.301 3.078
202206 3.098 125.017 3.207
202209 3.285 125.227 3.395
202212 3.524 125.222 3.642
202303 3.827 127.348 3.889
202306 3.812 128.729 3.832
202309 4.025 129.860 4.011
202312 4.295 129.419 4.295

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


NAPCO Security Technologies  (NAS:NSSC) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


NAPCO Security Technologies Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of NAPCO Security Technologies's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


NAPCO Security Technologies (NAPCO Security Technologies) Business Description

Traded in Other Exchanges
Address
333 Bayview Avenue, Amityville, NY, USA, 11701
NAPCO Security Technologies Inc manufactures security products, encompassing access control systems, door-locking products, intrusion and fire alarm systems and video surveillance products. Its products are used for various applications which includes alarm systems like automatic communicators, combination control panels/digital communicators and digital keypad systems, fire alarm control panel and area detectors mainly used for commercial, residential, institutional, industrial and governmental uses.
Executives
Paul Stephen Beeber director 333 BAYVIEW AVENUE, AMITYVILLE NY 11701
Kevin S Buchel director, officer: Senior Vice President 333 BAYVIEW AVE, AMITYVILLE NY 11701
Richard Soloway director, 10 percent owner, officer: President and Secretary 333 BAYVIEW AVENUE, AMITYVILLE NY 11701
David Alexander Paterson director 333 BAYVIEW AVENUE, AMITYVILLE NY 11701
Michael Carrieri officer: Sr.Vice President, Engineering
Rick A Lazio director
Jorge Hevia officer: Senior Vice President
Stephen M Spinelli officer: Senior VP of Sales 333 BAYVIEW AVENUE, AMITYVILLE NY 11701
Robert A Ungar director 333 BAYVIEW AVENUE, AMITYVILLE NY 11701
Andrew Wilder director 333 BAYVIEW AVE, AMITYVILLE NY 11701
Randy B Blauskin director 333 BAYVIEW AVENUE, AMITYVILLE NY 11757
George Marks officer: Pres. of Marks USA-Sub of NSSC 322 BALTRUSTROL CIRCLE, NORTH HILLS NY 11576
Donna Anne Soloway director 333 BAYVIEW AVENUE, AMITYVILLE, NY 11701
Cannell Capital Llc 10 percent owner 245 MERIWETHER CIRCLE, ALTA WY 83414
William G Lorber officer: Vice President 355 BAYVIEW AVENUE, AMITYVILLE NY 11701

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