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NGK Insulators (FRA:NGI) Cyclically Adjusted Book per Share : €10.60 (As of Dec. 2024)


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What is NGK Insulators 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.

NGK Insulators's adjusted book value per share for the three months ended in Dec. 2024 was €15.218. 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 €10.60 for the trailing ten years ended in Dec. 2024.

During the past 12 months, NGK Insulators's average Cyclically Adjusted Book Growth Rate was -100.00% 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 NGK Insulators was 9.90% per year. The lowest was 4.70% per year. And the median was 6.80% per year.

As of today (2025-05-25), NGK Insulators's current stock price is €10.50. NGK Insulators's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was €10.60. NGK Insulators's Cyclically Adjusted PB Ratio of today is 0.99.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of NGK Insulators was 3.81. The lowest was 0.94. And the median was 1.46.


NGK Insulators Cyclically Adjusted Book per Share Historical Data

The historical data trend for NGK Insulators'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.

NGK Insulators Cyclically Adjusted Book per Share Chart

NGK Insulators Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.41 9.82 10.11 9.96 -

NGK Insulators Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 9.96 - 10.77 10.60 -

Competitive Comparison of NGK Insulators's Cyclically Adjusted Book per Share

For the Specialty Industrial Machinery subindustry, NGK Insulators'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.


NGK Insulators's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, NGK Insulators's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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NGK Insulators 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, NGK Insulators's adjusted Book Value per Share data for the three months ended in Dec. 2024 was:

Adj_Book= Book Value per Share /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=15.218/110.7000*110.7000
=15.218

Current CPI (Dec. 2024) = 110.7000.

NGK Insulators Quarterly Data

Book Value per Share CPI Adj_Book
201503 9.236 97.900 10.444
201506 9.097 98.400 10.234
201509 9.343 98.500 10.500
201512 9.663 98.100 10.904
201603 9.925 97.900 11.223
201606 9.788 98.100 11.045
201609 10.348 98.000 11.689
201612 10.599 98.400 11.924
201703 10.752 98.100 12.133
201706 10.776 98.500 12.111
201709 10.568 98.800 11.841
201712 10.805 99.400 12.033
201803 10.977 99.200 12.250
201806 11.298 99.200 12.608
201809 11.571 99.900 12.822
201812 11.607 99.700 12.888
201903 11.839 99.700 13.145
201906 12.051 99.800 13.367
201909 12.517 100.100 13.842
201912 12.468 100.500 13.733
202003 12.198 100.300 13.463
202006 11.818 99.900 13.096
202009 11.786 99.900 13.060
202012 12.103 99.300 13.492
202103 12.520 99.900 13.874
202106 12.424 99.500 13.822
202109 13.341 100.100 14.754
202112 13.722 100.100 15.175
202203 14.352 101.100 15.715
202206 13.904 101.800 15.120
202209 14.334 103.100 15.391
202212 14.217 104.100 15.118
202303 14.517 104.400 15.393
202306 14.183 105.200 14.925
202309 14.075 106.200 14.671
202312 14.141 106.800 14.657
202403 14.351 107.200 14.820
202406 0.000 108.200 0.000
202409 14.747 108.900 14.991
202412 15.218 110.700 15.218

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


NGK Insulators  (FRA:NGI) 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.

NGK Insulators's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=10.50/10.60
=0.99

* 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 NGK Insulators was 3.81. The lowest was 0.94. And the median was 1.46.


Be Aware

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


NGK Insulators Cyclically Adjusted Book per Share Related Terms

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


NGK Insulators Business Description

Industry
Traded in Other Exchanges
Address
2-56 Suda-cho, Mizuho, Nagoya, JPN, 467-8530
NGK Insulators Ltd manufactures and sells electric power-related equipment, including insulators, industrial ceramic and copper products, and components connected to plant engineering. The company operates three business segments: electronics, power, and ceramic products (majority of total revenue). NGK's solutions help ensure a stable supply of electricity and attempt to reduce customers' energy emissions. The product portfolio consisting of insulators, batteries, ceramic apparatuses, and technologies can help purify, analyze, transform, and provide safer conditions. Approximately half of total revenue derive from Asia, with the remainder split between North America, Europe, and other regions.

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