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Nihon Falcom (TSE:3723) Cyclically Adjusted Book per Share : 円635.06 (As of Sep. 2024)


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What is Nihon Falcom 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.

Nihon Falcom's adjusted book value per share for the three months ended in Sep. 2024 was 円990.189. 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635.06 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Nihon Falcom's average Cyclically Adjusted Book Growth Rate was 11.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 15.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 15.60% 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 Nihon Falcom was 16.50% per year. The lowest was 14.40% per year. And the median was 15.65% per year.

As of today (2025-05-13), Nihon Falcom's current stock price is 円1135.00. Nihon Falcom's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was 円635.06. Nihon Falcom's Cyclically Adjusted PB Ratio of today is 1.79.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Nihon Falcom was 5.79. The lowest was 1.59. And the median was 3.16.


Nihon Falcom Cyclically Adjusted Book per Share Historical Data

The historical data trend for Nihon Falcom'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.

Nihon Falcom Cyclically Adjusted Book per Share Chart

Nihon Falcom 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 359.45 413.74 488.15 568.83 635.06

Nihon Falcom 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 547.14 568.83 588.70 607.68 635.06

Competitive Comparison of Nihon Falcom's Cyclically Adjusted Book per Share

For the Electronic Gaming & Multimedia subindustry, Nihon Falcom'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.


Nihon Falcom's Cyclically Adjusted PB Ratio Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Nihon Falcom's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Nihon Falcom 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, Nihon Falcom'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)
=990.189/108.9000*108.9000
=990.189

Current CPI (Sep. 2024) = 108.9000.

Nihon Falcom Quarterly Data

Book Value per Share CPI Adj_Book
201409 308.567 98.500 341.147
201412 325.814 97.900 362.422
201503 326.326 97.900 362.992
201506 326.152 98.400 360.955
201509 342.932 98.500 379.140
201512 346.323 98.100 384.450
201603 350.034 97.900 389.364
201606 346.135 98.100 384.242
201609 373.569 98.000 415.119
201612 377.106 98.400 417.346
201703 377.333 98.100 418.874
201706 392.552 98.500 433.999
201709 429.079 98.800 472.942
201712 432.023 99.400 473.313
201803 447.547 99.200 491.309
201806 456.197 99.200 500.805
201809 502.480 99.900 547.748
201812 517.904 99.700 565.695
201903 540.109 99.700 589.949
201906 558.388 99.800 609.303
201909 590.345 100.100 642.243
201912 598.752 100.500 648.797
202003 601.931 100.300 653.542
202006 612.430 99.900 667.604
202009 663.533 99.900 723.311
202012 682.959 99.300 748.985
202103 697.990 99.900 760.872
202106 707.983 99.500 774.868
202109 748.838 100.100 814.670
202112 772.342 100.100 840.240
202203 796.250 101.100 857.682
202206 819.626 101.800 876.790
202209 858.642 103.100 906.946
202212 848.854 104.100 887.994
202303 884.901 104.400 923.043
202306 889.511 105.200 920.796
202309 927.289 106.200 950.864
202312 936.398 106.800 954.810
202403 942.027 107.200 956.966
202409 990.189 108.900 990.189

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


Nihon Falcom  (TSE:3723) 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.

Nihon Falcom's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1135.00/635.06
=1.79

* 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 Nihon Falcom was 5.79. The lowest was 1.59. And the median was 3.16.


Be Aware

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


Nihon Falcom Cyclically Adjusted Book per Share Related Terms

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


Nihon Falcom Business Description

Traded in Other Exchanges
N/A
Address
Tokyo Tatemono Faret Tachikawa Building, 2-8-18 Akebono, Tachikawa, Tokyo, JPN, 190-0012
Nihon Falcom Corp is a Japan-based company engages in the development and sale of game software. It produces music titles/video titles; plans game software; sells game software and related products; and provides various licenses. It offers role-playing game software and Japanese version of overseas game software as well as home-use game software, among others.

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