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Nissan Motor Co (Nissan Motor Co) Cyclically Adjusted PB Ratio : 0.41 (As of Apr. 27, 2024)


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What is Nissan Motor Co Cyclically Adjusted PB Ratio?

As of today (2024-04-27), Nissan Motor Co's current share price is $3.62. Nissan Motor Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $8.75. Nissan Motor Co's Cyclically Adjusted PB Ratio for today is 0.41.

The historical rank and industry rank for Nissan Motor Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

NSANF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.29   Med: 1.02   Max: 1.63
Current: 0.43

During the past years, Nissan Motor Co's highest Cyclically Adjusted PB Ratio was 1.63. The lowest was 0.29. And the median was 1.02.

NSANF's Cyclically Adjusted PB Ratio is ranked better than
85.35% of 901 companies
in the Vehicles & Parts industry
Industry Median: 1.23 vs NSANF: 0.43

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.

Nissan Motor Co's adjusted book value per share data for the three months ended in Dec. 2023 was $9.812. 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 $8.75 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nissan Motor Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Nissan Motor Co'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.

Nissan Motor Co Cyclically Adjusted PB Ratio Chart

Nissan Motor Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.89 0.33 0.56 0.48 0.41

Nissan Motor Co 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 0.34 0.41 0.47 0.52 0.43

Competitive Comparison of Nissan Motor Co's Cyclically Adjusted PB Ratio

For the Auto Manufacturers subindustry, Nissan Motor Co'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.


Nissan Motor Co's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Nissan Motor Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Nissan Motor Co's Cyclically Adjusted PB Ratio falls into.



Nissan Motor Co 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.

Nissan Motor Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3.62/8.75
=0.41

* 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.

Nissan Motor Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Nissan Motor Co'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)
=9.812/106.8000*106.8000
=9.812

Current CPI (Dec. 2023) = 106.8000.

Nissan Motor Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 10.120 95.700 11.294
201406 10.016 98.000 10.915
201409 10.004 98.500 10.847
201412 9.416 97.900 10.272
201503 9.580 97.900 10.451
201506 9.508 98.400 10.320
201509 9.788 98.500 10.613
201512 9.675 98.100 10.533
201603 10.030 97.900 10.942
201606 10.247 98.100 11.156
201609 10.493 98.000 11.435
201612 9.915 98.400 10.761
201703 11.008 98.100 11.984
201706 11.265 98.500 12.214
201709 11.741 98.800 12.692
201712 12.024 99.400 12.919
201803 13.017 99.200 14.014
201806 12.323 99.200 13.267
201809 12.496 99.900 13.359
201812 12.168 99.700 13.035
201903 12.193 99.700 13.061
201906 12.133 99.800 12.984
201909 12.109 100.100 12.919
201912 11.833 100.500 12.575
202003 9.650 100.300 10.275
202006 8.808 99.900 9.416
202009 8.817 99.900 9.426
202012 9.048 99.300 9.731
202103 9.271 99.900 9.911
202106 9.491 99.500 10.187
202109 9.649 100.100 10.295
202112 9.587 100.100 10.229
202203 9.868 101.100 10.424
202206 9.341 101.800 9.800
202209 9.108 103.100 9.435
202212 9.604 104.100 9.853
202303 9.807 104.400 10.032
202306 9.918 105.200 10.069
202309 10.037 106.200 10.094
202312 9.812 106.800 9.812

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.


Nissan Motor Co  (OTCPK:NSANF) 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.


Nissan Motor Co Cyclically Adjusted PB Ratio Related Terms

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


Nissan Motor Co (Nissan Motor Co) Business Description

Traded in Other Exchanges
Address
1-1, Takashima 1-chome, Nishi-ku, Yokohama-shi, Kanagawa, JPN, 220-8686
While Nissan sold 3.3 million vehicles last fiscal year, total calendar 2022 Renault-Nissan-Mitsubishi alliance sales volume of 6.5 million vehicles makes the group the fourth-largest vehicle seller in the world, behind Toyota at 10.3 million, Volkswagen at 8.5 million, and Hyundai/Kia with 6.8 million vehicles sold. Nissan's financial services subsidiary provides consumers with auto loans and leases but also finances Nissan's sales to its dealerships (known as floor-plan financing). Nissan is 43.4% owned by Renault, while Nissan in turn owns 15% of Renault. Nissan also owns a 34% stake in Mitsubishi Motors. Under a new alliance agreement expected to be completed before the end of December 2023, Nissan and Renault will have cross-shareholding capped at 15% voting rights for each company.

Nissan Motor Co (Nissan Motor Co) Headlines

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