GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Nano Mrna Co Ltd (TSE:4571) » Definitions » Cyclically Adjusted Book per Share

Nano Mrna Co (TSE:4571) Cyclically Adjusted Book per Share : 円184.47 (As of Dec. 2023)


View and export this data going back to 2008. Start your Free Trial

What is Nano Mrna 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.

Nano Mrna Co's adjusted book value per share for the three months ended in Dec. 2023 was 円49.398. 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184.47 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Nano Mrna Co's average Cyclically Adjusted Book Growth Rate was -100.00% 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 Nano Mrna Co was 1.50% per year. The lowest was 1.50% per year. And the median was 1.50% per year.

As of today (2024-05-21), Nano Mrna Co's current stock price is 円179.00. Nano Mrna Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円184.47. Nano Mrna Co's Cyclically Adjusted PB Ratio of today is 0.97.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Nano Mrna Co was 3.49. The lowest was 0.86. And the median was 1.46.


Nano Mrna Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Nano Mrna 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.

Nano Mrna Co Cyclically Adjusted Book per Share Chart

Nano Mrna Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 184.79 188.76 191.55 193.44 -

Nano Mrna 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 193.44 192.65 191.92 184.47 -

Competitive Comparison of Nano Mrna Co's Cyclically Adjusted Book per Share

For the Biotechnology subindustry, Nano Mrna 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.


Nano Mrna Co's Cyclically Adjusted PB Ratio Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Nano Mrna Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Nano Mrna 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, Nano Mrna 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)
=49.398/106.8000*106.8000
=49.398

Current CPI (Dec. 2023) = 106.8000.

Nano Mrna Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 337.687 95.700 376.854
201406 326.486 98.000 355.803
201409 334.731 98.500 362.937
201412 339.836 97.900 370.730
201503 340.367 97.900 371.309
201506 333.582 98.400 362.059
201509 319.649 98.500 346.584
201512 311.642 98.100 339.280
201603 284.520 97.900 310.385
201606 270.747 98.100 294.758
201609 254.007 98.000 276.816
201612 254.571 98.400 276.303
201703 233.151 98.100 253.828
201706 204.901 98.500 222.167
201709 186.659 98.800 201.773
201712 125.660 99.400 135.015
201803 107.818 99.200 116.078
201806 119.011 99.200 128.129
201809 122.644 99.900 131.115
201812 103.957 99.700 111.360
201903 119.013 99.700 127.488
201906 128.643 99.800 137.666
201909 142.641 100.100 152.188
201912 143.328 100.500 152.313
202003 132.748 100.300 141.351
202006 132.160 99.900 141.288
202009 120.389 99.900 128.704
202012 112.605 99.300 121.110
202103 107.328 99.900 114.741
202106 102.241 99.500 109.742
202109 94.148 100.100 100.450
202112 86.786 100.100 92.595
202203 79.519 101.100 84.002
202206 72.235 101.800 75.783
202209 67.388 103.100 69.806
202212 61.281 104.100 62.870
202303 60.642 104.400 62.036
202306 57.030 105.200 57.897
202309 53.875 106.200 54.179
202312 49.398 106.800 49.398

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


Nano Mrna Co  (TSE:4571) 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.

Nano Mrna Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=179.00/184.47
=0.97

* 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 Nano Mrna Co was 3.49. The lowest was 0.86. And the median was 1.46.


Be Aware

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


Nano Mrna Co Cyclically Adjusted Book per Share Related Terms

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


Nano Mrna Co (TSE:4571) Business Description

Industry
Traded in Other Exchanges
Address
5-4-19 Kashiwanoha, Chiba, JPN, 277-0882
Nano Mrna Co Ltd formerly NanoCarrier Co Ltd is engaged in the research and development of pharmaceuticals using micellar nanoparticles technology.

Nano Mrna Co (TSE:4571) Headlines

No Headlines