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NS Tool Co (TSE:6157) Cyclically Adjusted Book per Share : 円544.51 (As of Dec. 2023)


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What is NS Tool 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.

NS Tool Co's adjusted book value per share for the three months ended in Dec. 2023 was 円698.575. 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544.51 for the trailing ten years ended in Dec. 2023.

During the past 12 months, NS Tool Co's average Cyclically Adjusted Book Growth Rate was 10.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 9.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 9.20% 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 NS Tool Co was 9.90% per year. The lowest was 8.50% per year. And the median was 9.10% per year.

As of today (2024-06-06), NS Tool Co's current stock price is 円964.00. NS Tool Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円544.51. NS Tool Co's Cyclically Adjusted PB Ratio of today is 1.77.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of NS Tool Co was 5.09. The lowest was 1.63. And the median was 3.19.


NS Tool Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for NS Tool 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.

NS Tool Co Cyclically Adjusted Book per Share Chart

NS Tool Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 349.36 380.72 412.62 453.34 505.14

NS Tool Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 494.36 505.14 518.20 532.40 544.51

Competitive Comparison of NS Tool Co's Cyclically Adjusted Book per Share

For the Tools & Accessories subindustry, NS Tool 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.


NS Tool Co's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, NS Tool Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



NS Tool 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, NS Tool 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)
=698.575/106.8000*106.8000
=698.575

Current CPI (Dec. 2023) = 106.8000.

NS Tool Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 307.105 95.700 342.725
201406 309.818 98.000 337.638
201409 318.910 98.500 345.783
201412 329.071 97.900 358.987
201503 339.118 97.900 369.947
201506 341.823 98.400 371.003
201509 355.944 98.500 385.937
201512 369.840 98.100 402.639
201603 382.665 97.900 417.453
201606 391.847 98.100 426.598
201609 406.271 98.000 442.752
201612 411.510 98.400 446.639
201703 426.550 98.100 464.379
201706 430.218 98.500 466.470
201709 449.976 98.800 486.411
201712 460.847 99.400 495.156
201803 479.940 99.200 516.710
201806 486.122 99.200 523.365
201809 508.403 99.900 543.518
201812 519.597 99.700 556.599
201903 538.324 99.700 576.660
201906 545.013 99.800 583.240
201909 561.195 100.100 598.758
201912 566.904 100.500 602.441
202003 579.758 100.300 617.330
202006 576.496 99.900 616.314
202009 580.591 99.900 620.692
202012 594.863 99.300 639.792
202103 612.803 99.900 655.129
202106 616.037 99.500 661.234
202109 633.306 100.100 675.695
202112 637.538 100.100 680.210
202203 649.238 101.100 685.842
202206 650.425 101.800 682.371
202209 666.357 103.100 690.271
202212 677.656 104.100 695.232
202303 689.149 104.400 704.992
202306 684.691 105.200 695.105
202309 695.954 106.200 699.886
202312 698.575 106.800 698.575

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


NS Tool Co  (TSE:6157) 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.

NS Tool Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=964.00/544.51
=1.77

* 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 NS Tool Co was 5.09. The lowest was 1.63. And the median was 3.19.


Be Aware

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


NS Tool Co Cyclically Adjusted Book per Share Related Terms

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


NS Tool Co (TSE:6157) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Shin -Otai 1-chome 13 No. 5, Shin-Minami-Oi Building, 5th Floor, Shinagawa-ku, Tokyo, JPN
Ns Tool Co Ltd manufactures and sells cutting tools. The company's products include cutters and chucks, end mills in square, ball, taper, and radius types, cutter series for a copper electrode, aluminum, and plastic among others.

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