GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » National Presto Industries Inc (NYSE:NPK) » Definitions » Cyclically Adjusted Book per Share

NPK (National Presto Industries) Cyclically Adjusted Book per Share : $58.19 (As of Dec. 2024)


View and export this data going back to 1969. Start your Free Trial

What is National Presto 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.

National Presto Industries's adjusted book value per share for the three months ended in Dec. 2024 was $51.735. 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 $58.19 for the trailing ten years ended in Dec. 2024.

During the past 12 months, National Presto Industries's average Cyclically Adjusted Book Growth Rate was 0.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 2.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 3.30% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 2.70% 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 National Presto Industries was 4.20% per year. The lowest was 0.80% per year. And the median was 2.00% per year.

As of today (2025-03-30), National Presto Industries's current stock price is $87.85. National Presto Industries's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was $58.19. National Presto Industries's Cyclically Adjusted PB Ratio of today is 1.51.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of National Presto Industries was 2.80. The lowest was 1.12. And the median was 1.73.


National Presto Industries Cyclically Adjusted Book per Share Historical Data

The historical data trend for National Presto 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.

National Presto Industries Cyclically Adjusted Book per Share Chart

National Presto 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 50.89 54.07 56.87 57.65 58.19

National Presto Industries Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 57.65 58.42 58.49 58.42 58.19

Competitive Comparison of National Presto Industries's Cyclically Adjusted Book per Share

For the Aerospace & Defense subindustry, National Presto 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.


National Presto Industries's Cyclically Adjusted PB Ratio Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, National Presto Industries's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


;
;

National Presto 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, National Presto Industries'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)
=51.735/133.1571*133.1571
=51.735

Current CPI (Dec. 2024) = 133.1571.

National Presto Industries Quarterly Data

Book Value per Share CPI Adj_Book
201503 44.253 99.621 59.150
201506 45.607 100.684 60.316
201509 46.816 100.392 62.096
201512 48.919 99.792 65.275
201603 44.997 100.470 59.636
201606 46.231 101.688 60.538
201609 47.467 101.861 62.051
201612 50.386 101.863 65.866
201703 47.596 102.862 61.614
201706 49.033 103.349 63.175
201709 50.269 104.136 64.278
201712 52.580 104.011 67.314
201803 48.257 105.290 61.029
201806 49.849 106.317 62.434
201809 50.798 106.507 63.509
201812 52.446 105.998 65.884
201903 47.272 107.251 58.691
201906 48.478 108.070 59.732
201909 50.820 108.329 62.467
201912 52.520 108.420 64.503
202003 47.704 108.902 58.329
202006 49.536 108.767 60.644
202009 51.281 109.815 62.181
202012 53.288 109.897 64.567
202103 48.340 111.754 57.598
202106 49.686 114.631 57.716
202109 50.294 115.734 57.865
202112 50.784 117.630 57.488
202203 46.775 121.301 51.347
202206 47.767 125.017 50.877
202209 49.066 125.227 52.173
202212 49.278 125.222 52.401
202303 46.563 127.348 48.687
202306 47.365 128.729 48.994
202309 48.388 129.860 49.617
202312 50.290 129.419 51.742
202403 46.815 131.776 47.306
202406 47.618 132.554 47.835
202409 48.814 133.029 48.861
202412 51.735 133.157 51.735

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


National Presto Industries  (NYSE:NPK) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=87.85/58.19
=1.51

* 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 National Presto Industries was 2.80. The lowest was 1.12. And the median was 1.73.


Be Aware

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


National Presto Industries Cyclically Adjusted Book per Share Related Terms

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


National Presto Industries Business Description

Traded in Other Exchanges
N/A
Address
3925 North Hastings Way, Eau Claire, WI, USA, 54703-3703
National Presto Industries Inc has an eclectic product portfolio consisting of household appliances, ammunition, and diapers. The company operates in three segments namely Defense, Housewares/Small Appliance, and Safety. The defense segment which is engaged in manufacturing 40mm ammunition, precision mechanical and electro-mechanical assemblies, and medium caliber cartridge cases; performs Load, Assemble, and Pack (LAP) operations on ordnance-related products for the U.S. Government and prime contractor. While Housewares/Small Appliance segment designs, markets, and distributes housewares and small electrical appliances; the safety segment provides safety technology empowering organizations and individuals to protect what is more important.
Executives
David J Peuse officer: TREASURER 3925 N HASTINGS WAY, EAU CLAIRE WI 54703
Mackenzie John Roderick Jr officer: VP-SALES 3925 NORTH HASTINGS WAY, EAU CLAIRE WI 54703
Richard L Jeffers officer: VP-SALES 3925 N HASTINGS WAY, EAU CLAIRE X1 54703
Patrick J Quinn director 3925 N HASTINGS WAY, EAU CLAIRE WI 54703
Richard N Cardozo director 3925 N HASTINGS WAY, EAU CLAIRE WI 54703
Spencer W Ahneman officer: Vice President 3925 N HASTINGS WAY, EAU CLAIRE WI 54703
Randy F Lieble director, officer: Vice President, Treasurer, CFO 3925 N HASTINGS WAY, EAU CLAIRE WI 54703
Jeffery Alan Morgan officer: Vice President-Engineering 3925 N HASTINGS WAY, EAU CLAIRE WI 54703
Douglas J Frederick officer: General counsel & secretary 3925 N HASTINGS WAY, EAU CLAIRE WI 54703
Joseph G Stienessen director 3925 N HASTINGS WAY, EAU CLAIRE WI 54703
Maryjo R Cohen director, 10 percent owner, officer: Chair of Board,President,CEO 3925 N HASTINGS WAY, EAU CLAIRE WI 54703
Donald E Hoeschen officer: vice president 3925 N HASTINGS WAY, EAU CLAIRE WI 54703
Peterson Terry D Jr officer: Treasurer/CFO 3925 N HASTINGS WAY, EAU CLAIRE WI 54703
Ian M Kees officer: General Counsel 3925 N HASTINGS WAY, EAU CLAIRE WI 54703
James F Bartl director, officer: Sr Vice President/Secretary 3925 NO HASTINGS WAY, EAU CLAIRE WI 54703