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Nippon Kanryu Industry Co (FSE:1771) Cyclically Adjusted Book per Share : 円1,327.69 (As of Sep. 2024)


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What is Nippon Kanryu Industry Co 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.

Nippon Kanryu Industry Co's adjusted book value per share for the three months ended in Sep. 2024 was 円1,839.228. 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 円1,327.69 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Nippon Kanryu Industry Co's average Cyclically Adjusted Book Growth Rate was 11.90% 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.

As of today (2025-05-12), Nippon Kanryu Industry Co's current stock price is 円1048.00. Nippon Kanryu Industry Co's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was 円1,327.69. Nippon Kanryu Industry Co's Cyclically Adjusted PB Ratio of today is 0.79.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Nippon Kanryu Industry Co was 0.81. The lowest was 0.51. And the median was 0.62.


Nippon Kanryu Industry Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Nippon Kanryu Industry Co'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.

Nippon Kanryu Industry Co Cyclically Adjusted Book per Share Chart

Nippon Kanryu Industry Co Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 1,072.96 1,186.34 1,327.69

Nippon Kanryu Industry Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24
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 1,139.96 1,186.34 1,228.83 1,270.65 1,327.69

Competitive Comparison of Nippon Kanryu Industry Co's Cyclically Adjusted Book per Share

For the Engineering & Construction subindustry, Nippon Kanryu Industry 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.


Nippon Kanryu Industry Co's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Nippon Kanryu Industry Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Nippon Kanryu Industry Co's Cyclically Adjusted PB Ratio falls into.


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Nippon Kanryu Industry Co 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, Nippon Kanryu Industry Co's adjusted Book Value per Share data for the three months ended in Sep. 2024 was:

Adj_Book= Book Value per Share /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=1839.228/108.9000*108.9000
=1,839.228

Current CPI (Sep. 2024) = 108.9000.

Nippon Kanryu Industry Co Quarterly Data

Book Value per Share CPI Adj_Book
201409 329.627 98.500 364.430
201412 351.957 97.900 391.503
201503 389.488 97.900 433.251
201506 383.766 98.400 424.717
201509 377.352 98.500 417.194
201512 907.185 98.100 1,007.059
201603 971.654 97.900 1,080.829
201606 951.098 98.100 1,055.806
201609 957.090 98.000 1,063.542
201612 987.743 98.400 1,093.142
201703 1,072.398 98.100 1,190.460
201706 1,071.742 98.500 1,184.901
201709 1,068.044 98.800 1,177.227
201712 1,107.132 99.400 1,212.944
201803 1,182.735 99.200 1,298.385
201806 1,183.138 99.200 1,298.828
201809 1,164.575 99.900 1,269.492
201812 1,155.582 99.700 1,262.215
201903 1,242.977 99.700 1,357.675
201906 1,236.949 99.800 1,349.737
201909 1,251.230 100.100 1,361.228
201912 1,271.988 100.500 1,378.303
202003 1,345.365 100.300 1,460.720
202006 1,342.314 99.900 1,463.243
202009 1,363.242 99.900 1,486.057
202012 1,389.689 99.300 1,524.040
202103 1,519.487 99.900 1,656.378
202106 1,512.455 99.500 1,655.340
202109 1,532.014 100.100 1,666.697
202112 1,561.170 100.100 1,698.416
202203 1,672.117 101.100 1,801.123
202206 1,665.079 101.800 1,781.209
202209 1,581.140 103.100 1,670.089
202212 1,611.743 104.100 1,686.060
202303 1,715.252 104.400 1,789.185
202306 1,733.006 105.200 1,793.958
202309 1,736.517 106.200 1,780.666
202312 1,758.330 106.800 1,792.904
202403 1,859.917 107.200 1,889.412
202409 1,839.228 108.900 1,839.228

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


Nippon Kanryu Industry Co  (FSE:1771) 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.

Nippon Kanryu Industry Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1048.00/1327.69
=0.79

* 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 Nippon Kanryu Industry Co was 0.81. The lowest was 0.51. And the median was 0.62.


Be Aware

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


Nippon Kanryu Industry Co Cyclically Adjusted Book per Share Related Terms

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


Nippon Kanryu Industry Co Business Description

Traded in Other Exchanges
N/A
Address
1-11-11 Maidashi, Higashi-ku, Fukuoka, JPN, 812-0054
Nippon Kanryu Industry Co Ltd is engaged in the construction business which includes traffic safety facilities construction, legal construction, landscape construction, and other construction works. It has disaster prevention safety business which sales disaster prevention goods, industrial safety and health related products. It also has chemicals business consist production of insoluble sulfur, manufacture of environmental type natural soil herbs.

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