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NC (NACCO Industries) Cyclically Adjusted Book per Share : $49.57 (As of Mar. 2025)


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What is NACCO Industries 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.

NACCO Industries's adjusted book value per share for the three months ended in Mar. 2025 was $54.974. 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 $49.57 for the trailing ten years ended in Mar. 2025.

During the past 12 months, NACCO Industries's average Cyclically Adjusted Book Growth Rate was -100.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 4.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 2.20% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -3.90% 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 NACCO Industries was 11.10% per year. The lowest was -11.70% per year. And the median was 1.20% per year.

As of today (2025-05-11), NACCO Industries's current stock price is $33.56. NACCO Industries's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was $49.57. NACCO Industries's Cyclically Adjusted PB Ratio of today is 0.68.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of NACCO Industries was 1.47. The lowest was 0.14. And the median was 0.68.


NACCO Industries Cyclically Adjusted Book per Share Historical Data

The historical data trend for NACCO Industries'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.

NACCO Industries Cyclically Adjusted Book per Share Chart

NACCO Industries Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 42.90 42.59 43.94 46.44 48.52

NACCO Industries 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 47.34 47.74 48.06 48.52 49.57

Competitive Comparison of NACCO Industries's Cyclically Adjusted Book per Share

For the Thermal Coal subindustry, NACCO Industries'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.


NACCO Industries's Cyclically Adjusted PB Ratio Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, NACCO Industries's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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NACCO Industries 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, NACCO Industries's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book= Book Value per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=54.974/134.9266*134.9266
=54.974

Current CPI (Mar. 2025) = 134.9266.

NACCO Industries Quarterly Data

Book Value per Share CPI Adj_Book
201506 27.521 100.684 36.881
201509 26.974 100.392 36.253
201512 29.419 99.792 39.777
201603 29.367 100.470 39.438
201606 29.209 101.688 38.756
201609 28.967 101.861 38.370
201612 32.496 101.863 43.044
201703 32.854 102.862 43.095
201706 33.781 103.349 44.103
201709 30.246 104.136 39.189
201712 32.027 104.011 41.546
201803 32.408 105.290 41.530
201806 33.262 106.317 42.213
201809 34.596 106.507 43.827
201812 36.224 105.998 46.110
201903 37.823 107.251 47.583
201906 38.934 108.070 48.610
201909 40.500 108.329 50.444
201912 41.543 108.420 51.699
202003 41.851 108.902 51.852
202006 42.558 108.767 52.793
202009 43.498 109.815 53.445
202012 42.593 109.897 52.294
202103 43.268 111.754 52.240
202106 44.084 114.631 51.889
202109 47.521 115.734 55.401
202112 49.021 117.630 56.229
202203 49.740 121.301 55.327
202206 54.888 125.017 59.239
202209 56.581 125.227 60.964
202212 58.099 125.222 62.602
202303 57.474 127.348 60.894
202306 57.633 128.729 60.408
202309 57.088 129.860 59.316
202312 51.328 129.419 53.512
202403 51.223 131.776 52.448
202406 52.236 132.554 53.171
202409 54.448 133.029 55.225
202412 55.503 133.157 56.241
202503 54.974 134.927 54.974

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


NACCO Industries  (NYSE:NC) 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.

NACCO Industries's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=33.56/49.57
=0.68

* 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 NACCO Industries was 1.47. The lowest was 0.14. And the median was 0.68.


Be Aware

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


NACCO Industries Cyclically Adjusted Book per Share Related Terms

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


NACCO Industries Business Description

Industry
Traded in Other Exchanges
N/A
Address
22901 Millcreek Boulevard, Suite 600, Cleveland, OH, USA, 44122
NACCO Industries Inc is a holding company that operates in the mining and natural resource industries. It has three operating segments that are coal mining, North American mining (NA mining), and minerals management. The majority of its revenue is from the coal mining segment. This segment operates surface coal mines under long-term contracts with power generation companies and an activated carbon producer pursuant to a service-based business model. The NA mining segment provides value-add contract mining and services for producers. Minerals management generates income from royalty-based leases by acquiring and promoting oil, gas, and coal mineral interests. The company is diversifying beyond coal mining due to political and economic pressures associated with carbon emissions.
Executives
Thomas A Maxwell officer: Assistant Treasurer 5875 LANDERBROOK DRIVE, SUITE 220, CLEVELAND OH 44124
Valerie Gentile Sachs director 5555 DARROW RD, HUDSON OH 44236
Trust F/b/o Paige J. Rankin 8/26/2016 other: Member of a Group 103 MARION AVENUE, LAKE FOREST IL 60045
Paige J. Rankin other: Member of a Group 103 MARION AVENUE, FOREST LAKE IL 60045
Miles B Haberer officer: Assoc Gen Counsel & Assist Sec 5340 LEGACY DRIVE, BUILDING 1 SUITE 300, PLANO TX 75024
Butler John C Jr officer: VP-Corp Dev and Treasurer 5875 LANDERBROOK DRIVE, SUITE 300, MAYFIELD HEIGHTS OH 44124
Helen Rankin Butler other: Member of a Group 5875 LANDERBROOK DRIVE, SUITE 300, MAYFIELD HEIGHTS OH 44124
Chloe O Rankin other: Member of a Group 5875 LANDERBROOK DRIVE, SUITE 300, MAYFIELD HEIGHTS OH 44124
Claiborne R Rankin other: NMHG Dir and Member of Group 5875 LANDERBROOK DRIVE, SUITE 300, MAYFIELD HEIGHTS OH 44124
David B Williams other: Member of a group 5875 LANDERBROOK DRIVE, SUITE 300, MAYFIELD HEIGHTS OH 44124
Clara R Williams other: Member of a group 5875 LANDERBROOK DRIVE, SUITE 300, MAYFIELD HEIGHTS OH 44124
Roger F Rankin other: Member of a group C/O NACCO INDUSTRIES INC, 5875 LANDERBROOK DRIVE, MAYFIELD HEIGHTS OH 44124
Rankin Alfred M Et Al director, officer: Dir CEO Group Member, other: Dir CEO Group Member 5875 LANDERBROOK DR, MAYFIELD HEIGHTS OH 44124
Rankin Corbin other: Member of a group 5875 LANDERBROOK DRIVE, SUITE 300, MAYFIELD HEIGHTS OH 44124
Alison A Rankin other: Member of a group 5875 LANDERBROOK DRIVE, SUITE 300, MAYFIELD HEIGHTS OH 44124