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Nippon Avionics Co (TSE:6946) Cyclically Adjusted Book per Share : 円714.80 (As of Dec. 2024)


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What is Nippon Avionics 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 Avionics Co's adjusted book value per share for the three months ended in Dec. 2024 was 円860.893. 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714.80 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Nippon Avionics 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 Nippon Avionics Co was 7.90% per year. The lowest was 2.80% per year. And the median was 5.10% per year.

As of today (2025-05-25), Nippon Avionics Co's current stock price is 円3380.00. Nippon Avionics Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was 円714.80. Nippon Avionics Co's Cyclically Adjusted PB Ratio of today is 4.73.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Nippon Avionics Co was 4.73. The lowest was 0.31. And the median was 0.96.


Nippon Avionics Co Cyclically Adjusted Book per Share Historical Data

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

Nippon Avionics Co Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 531.13 562.53 618.10 666.81 -

Nippon Avionics Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 666.81 - 693.18 714.80 -

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

For the Electrical Equipment & Parts subindustry, Nippon Avionics 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 Avionics Co's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

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

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


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Nippon Avionics 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 Avionics 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)
=860.893/110.7000*110.7000
=860.893

Current CPI (Dec. 2024) = 110.7000.

Nippon Avionics Co Quarterly Data

Book Value per Share CPI Adj_Book
201503 493.346 97.900 557.849
201506 456.817 98.400 513.919
201509 483.081 98.500 542.914
201512 461.065 98.100 520.284
201603 479.929 97.900 542.678
201606 484.743 98.100 547.004
201609 624.071 98.000 704.946
201612 590.796 98.400 664.646
201703 579.368 98.100 653.782
201706 541.065 98.500 608.080
201709 625.673 98.800 701.032
201712 608.963 99.400 678.191
201803 635.823 99.200 709.532
201806 581.593 99.200 649.016
201809 579.681 99.900 642.349
201812 559.150 99.700 620.842
201903 639.150 99.700 709.668
201906 620.319 99.800 688.069
201909 615.156 100.100 680.297
201912 604.533 100.500 665.889
202003 647.025 100.300 714.114
202006 632.011 99.900 700.337
202009 660.482 99.900 731.885
202012 679.249 99.300 757.229
202103 729.108 99.900 807.930
202106 671.601 99.500 747.198
202109 718.697 100.100 794.803
202112 734.490 100.100 812.268
202203 761.854 101.100 834.196
202206 755.721 101.800 821.791
202209 796.174 103.100 854.864
202212 825.434 104.100 877.767
202303 763.698 104.400 809.783
202306 763.476 105.200 803.392
202309 762.025 106.200 794.314
202312 785.684 106.800 814.375
202403 856.895 107.200 884.872
202406 0.000 108.200 0.000
202409 840.166 108.900 854.053
202412 860.893 110.700 860.893

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


Nippon Avionics Co  (TSE:6946) 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 Avionics Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=3380.00/714.80
=4.73

* 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 Avionics Co was 4.73. The lowest was 0.31. And the median was 0.96.


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 Avionics Co Cyclically Adjusted Book per Share Related Terms

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


Nippon Avionics Co Business Description

Traded in Other Exchanges
N/A
Address
Gotanda Kowa Building, 8-1-5, Nishi-Gotanda, Shinagawa-ku, Tokyo, JPN, 141-0031
Nippon Avionics Co Ltd is a manufacturer of electronics equipment. The company is organized into three major business segments - Information System, Joining Equipment, and Infrared Thermography. Information System business provides device products and packaging technologies adopted for the development, manufacture and maintenance of various defence system equipment. The Micro Joining Equipment business active in the manufacture of electronic equipment and electronic parts. It offers a wide range of solutions including welding, soldering, thermocompression bonding, thermal caulking, sealing and ultrasonic bonding. The Infrared Thermography business develops, manufactures and sells infrared thermography camera that visualizes heat.

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