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Nippon Paint Holdings Co (Nippon Paint Holdings Co) Cyclically Adjusted Book per Share : $2.57 (As of Mar. 2024)


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What is Nippon Paint 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.

Nippon Paint Holdings Co's adjusted book value per share for the three months ended in Mar. 2024 was $4.092. 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 $2.57 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Nippon Paint Holdings Co's average Cyclically Adjusted Book Growth Rate was 16.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 15.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 13.90% 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 Nippon Paint Holdings Co was 15.90% per year. The lowest was 11.00% per year. And the median was 12.75% per year.

As of today (2024-06-24), Nippon Paint Holdings Co's current stock price is $7.17. Nippon Paint Holdings Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $2.57. Nippon Paint Holdings Co's Cyclically Adjusted PB Ratio of today is 2.79.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Nippon Paint Holdings Co was 11.55. The lowest was 2.46. And the median was 4.38.


Nippon Paint Holdings Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Nippon Paint 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.

Nippon Paint Holdings Co Cyclically Adjusted Book per Share Chart

Nippon Paint Holdings Co Annual Data
Trend Mar14 Mar15 Mar16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.50 2.16 2.40 2.37 2.46

Nippon Paint Holdings Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 2.34 2.53 2.83 2.46 2.57

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

For the Specialty Chemicals subindustry, Nippon Paint 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.


Nippon Paint Holdings Co's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Nippon Paint Holdings Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Nippon Paint 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, Nippon Paint Holdings Co's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book= Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=4.092/107.2000*107.2000
=4.092

Current CPI (Mar. 2024) = 107.2000.

Nippon Paint Holdings Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.465 98.000 1.603
201409 1.463 98.500 1.592
201412 2.427 97.900 2.658
201503 2.485 97.900 2.721
201506 2.353 98.400 2.563
201509 2.484 98.500 2.703
201512 2.416 98.100 2.640
201603 2.593 97.900 2.839
201606 2.665 98.100 2.912
201609 2.649 98.000 2.898
201612 0.000 98.400 0.000
201703 2.558 98.100 2.795
201706 2.667 98.500 2.903
201709 2.737 98.800 2.970
201712 2.824 99.400 3.046
201803 2.868 99.200 3.099
201806 2.840 99.200 3.069
201809 2.829 99.900 3.036
201812 2.890 99.700 3.107
201903 2.958 99.700 3.181
201906 2.900 99.800 3.115
201909 3.051 100.100 3.267
201912 3.160 100.500 3.371
202003 2.877 100.300 3.075
202006 3.079 99.900 3.304
202009 3.171 99.900 3.403
202012 3.409 99.300 3.680
202103 3.543 99.900 3.802
202106 3.553 99.500 3.828
202109 3.569 100.100 3.822
202112 3.590 100.100 3.845
202203 3.846 101.100 4.078
202206 3.770 101.800 3.970
202209 3.651 103.100 3.796
202212 3.626 104.100 3.734
202303 3.802 104.400 3.904
202306 4.019 105.200 4.095
202309 3.968 106.200 4.005
202312 4.017 106.800 4.032
202403 4.092 107.200 4.092

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


Nippon Paint Holdings Co  (OTCPK:NPCPF) 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 Paint Holdings Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=7.17/2.57
=2.79

* 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 Paint Holdings Co was 11.55. The lowest was 2.46. And the median was 4.38.


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 Paint Holdings Co Cyclically Adjusted Book per Share Related Terms

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


Nippon Paint Holdings Co (Nippon Paint Holdings Co) Business Description

Traded in Other Exchanges
Address
2-1-2 Oyodo Kita, Kita-ku, Osaka, JPN, 531-8511
Nippon Paint Holdings Co Ltd is a holding company, which, through its subsidiaries, manufactures and sells a variety of paint and coating products. The firm organizes itself into four operating companies based on end market. The automotive paints division sells paint and temperature-control coatings that are used to cover the body of an automobile. The industrial-use paints division sells paints and coatings for trains and ships. The trade-use paints division sells paints and coatings that are used on buildings, bridges, and roads. The surface treatments division sells anti-corrosive and anti-rust coatings for metal products and electronics. The company organizes itself into three segments based on geography: Japan, Asia, and Americas. The majority of revenue comes from Japan.