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Nippon Seiro Co (TSE:5010) Cyclically Adjusted Book per Share : 円501.74 (As of Dec. 2024)


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What is Nippon Seiro 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 Seiro Co's adjusted book value per share for the three months ended in Dec. 2024 was 円287.204. 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501.74 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Nippon Seiro Co's average Cyclically Adjusted Book Growth Rate was -3.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -3.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -2.90% 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 Seiro Co was -0.20% per year. The lowest was -3.40% per year. And the median was -2.30% per year.

As of today (2025-05-25), Nippon Seiro Co's current stock price is 円189.00. Nippon Seiro Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was 円501.74. Nippon Seiro Co's Cyclically Adjusted PB Ratio of today is 0.38.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Nippon Seiro Co was 0.67. The lowest was 0.20. And the median was 0.34.


Nippon Seiro Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Nippon Seiro 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 Seiro Co Cyclically Adjusted Book per Share Chart

Nippon Seiro Co 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 567.57 556.46 553.39 518.43 501.74

Nippon Seiro Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 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 532.89 518.43 507.30 500.36 501.74

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

For the Oil & Gas Refining & Marketing subindustry, Nippon Seiro 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 Seiro Co's Cyclically Adjusted PB Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Nippon Seiro Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Nippon Seiro 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 Seiro Co'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)
=287.204/110.7000*110.7000
=287.204

Current CPI (Dec. 2024) = 110.7000.

Nippon Seiro Co Quarterly Data

Book Value per Share CPI Adj_Book
201412 600.458 97.900 678.965
201503 590.356 97.900 667.542
201506 591.305 98.400 665.218
201509 571.102 98.500 641.837
201512 573.390 98.100 647.036
201603 570.265 97.900 644.825
201606 562.451 98.100 634.692
201609 561.279 98.000 634.016
201612 582.584 98.400 655.407
201703 596.707 98.100 673.348
201706 599.777 98.500 674.064
201709 604.354 98.800 677.146
201712 615.113 99.400 685.040
201803 611.584 99.200 682.483
201806 617.410 99.200 688.985
201809 615.225 99.900 681.736
201812 574.713 99.700 638.122
201903 571.067 99.700 634.073
201906 556.484 99.800 617.262
201909 527.419 100.100 583.270
201912 513.748 100.500 565.890
202003 410.249 100.300 452.787
202006 348.271 99.900 385.922
202009 360.626 99.900 399.613
202012 368.576 99.300 410.890
202103 376.525 99.900 417.230
202106 374.399 99.500 416.542
202109 378.601 100.100 418.693
202112 392.121 100.100 433.644
202203 394.400 101.100 431.850
202206 397.691 101.800 432.460
202209 347.106 103.100 372.693
202212 273.178 104.100 290.498
202303 178.338 104.400 189.100
202306 202.187 105.200 212.758
202309 189.174 106.200 197.190
202312 191.554 106.800 198.549
202403 202.896 107.200 209.520
202406 235.911 108.200 241.362
202412 287.204 110.700 287.204

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


Nippon Seiro Co  (TSE:5010) 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 Seiro Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=189.00/501.74
=0.38

* 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 Seiro Co was 0.67. The lowest was 0.20. And the median was 0.34.


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 Seiro Co Cyclically Adjusted Book per Share Related Terms

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


Nippon Seiro Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Nippon Seiro Co Ltd (TSE:5010) » Definitions » Cyclically Adjusted Book per Share
Traded in Other Exchanges
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Address
10 floor number 5 No. 18 Kyobashi Creation, Kyobashi 2-chome, Chuo-ku, Tokyo, JPN
Nippon Seiro Co Ltd is engaged in the manufacturing and sales of petroleum waxes, physically and chemically converted wax products and fuel oil in Japan. The company offers paraffin and microcrystalline wax products, as well as special wax products. These products are used in various applications, such as hotmelt adhesives, paper cups, plastic lubricants, paper converting, rubber antiozonants, and electric insulation.

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