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Nitori Holdings Co (Nitori Holdings Co) Cyclically Adjusted Book per Share : $33.78 (As of Dec. 2023)


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What is Nitori Holdings 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.

Nitori Holdings Co's adjusted book value per share for the three months ended in Dec. 2023 was $54.140. 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 $33.78 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Nitori Holdings Co's average Cyclically Adjusted Book Growth Rate was 16.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 14.50% 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 Nitori Holdings Co was 14.90% per year. The lowest was 14.50% per year. And the median was 14.70% per year.

As of today (2024-04-30), Nitori Holdings Co's current stock price is $141.09. Nitori Holdings Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $33.78. Nitori Holdings Co's Cyclically Adjusted PB Ratio of today is 4.18.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Nitori Holdings Co was 8.82. The lowest was 2.95. And the median was 5.64.


Nitori Holdings Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Nitori Holdings 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.

Nitori Holdings Co Cyclically Adjusted Book per Share Chart

Nitori Holdings Co Annual Data
Trend Feb13 Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.46 22.24 30.63 31.47 32.54

Nitori Holdings Co Quarterly Data
Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Jun23 Sep23 Dec23
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 29.42 31.90 31.33 31.27 33.78

Competitive Comparison of Nitori Holdings Co's Cyclically Adjusted Book per Share

For the Furnishings, Fixtures & Appliances subindustry, Nitori Holdings 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.


Nitori Holdings Co's Cyclically Adjusted PB Ratio Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Nitori Holdings Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Nitori Holdings 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, Nitori Holdings 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)
=54.14/106.8000*106.8000
=54.140

Current CPI (Dec. 2023) = 106.8000.

Nitori Holdings Co Quarterly Data

Book Value per Share CPI Adj_Book
201311 21.524 95.500 24.071
201402 22.087 95.500 24.700
201405 22.924 98.100 24.957
201408 23.760 98.300 25.815
201411 23.626 97.900 25.774
201502 23.716 97.600 25.952
201505 24.137 98.700 26.118
201508 24.651 98.400 26.755
201511 24.740 98.100 26.934
201602 26.103 97.800 28.505
201605 28.353 98.200 30.836
201608 30.560 97.900 33.338
201611 31.018 98.600 33.598
201702 31.342 98.100 34.122
201705 32.532 98.600 35.238
201708 34.432 98.500 37.333
201711 34.365 99.100 37.035
201802 36.537 99.500 39.218
201805 37.226 99.300 40.038
201808 38.280 99.800 40.965
201811 38.228 100.000 40.828
201902 40.358 99.700 43.232
201905 41.852 100.000 44.698
201908 44.570 100.000 47.601
201911 44.752 100.500 47.557
202002 45.323 100.300 48.260
202005 48.495 100.100 51.741
202008 51.005 100.100 54.419
202011 53.384 99.500 57.301
202102 54.007 99.800 57.795
202105 54.366 99.400 58.413
202108 56.029 99.700 60.019
202111 55.173 100.100 58.866
202202 56.296 100.700 59.706
202205 52.195 101.800 54.759
202208 51.591 102.700 53.651
202211 49.252 103.900 50.627
202306 52.368 105.200 53.164
202309 51.348 106.200 51.638
202312 54.140 106.800 54.140

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


Nitori Holdings Co  (OTCPK:NCLTF) 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.

Nitori Holdings Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=141.09/33.78
=4.18

* 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 Nitori Holdings Co was 8.82. The lowest was 2.95. And the median was 5.64.


Be Aware

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


Nitori Holdings Co Cyclically Adjusted Book per Share Related Terms

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


Nitori Holdings Co (Nitori Holdings Co) Business Description

Traded in Other Exchanges
Address
6-20, Kamiya 3-chome, Kita-ku, Tokyo, JPN, 115-0043
Nitori Holdings Co Ltd is a Japanese holding company engaged in the sale of furniture and interior goods. It primarily operates home furnishing and fashion stores, along with other ventures such as the Nitori Mall and Corporate Enterprise, which focuses on corporate customers. It conducts these operations and more through its subsidiaries. The firm's products include bedding, curtains, cookware, tableware, tables, desks, and sofas. Nitori's operations are divided among manufacturing, trading company and logistics (which deals with imports and distribution centers), sales, and advertisement and publicity. Aside from its presence across Japan, the company operates in California, China, Huizhou, Indonesia, Shanghai, and Vietnam.

Nitori Holdings Co (Nitori Holdings Co) Headlines

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