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Nippi (TSE:7932) Cyclically Adjusted Book per Share : 円11,129.30 (As of Sep. 2024)


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What is Nippi 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.

Nippi's adjusted book value per share for the three months ended in Sep. 2024 was 円13,318.566. 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11,129.30 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Nippi's average Cyclically Adjusted Book Growth Rate was 7.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 5.00% 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 Nippi was 5.60% per year. The lowest was 3.70% per year. And the median was 4.75% per year.

As of today (2024-12-12), Nippi's current stock price is 円5540.00. Nippi's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was 円11,129.30. Nippi's Cyclically Adjusted PB Ratio of today is 0.50.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Nippi was 0.68. The lowest was 0.29. And the median was 0.40.


Nippi Cyclically Adjusted Book per Share Historical Data

The historical data trend for Nippi'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.

Nippi Cyclically Adjusted Book per Share Chart

Nippi 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 8,818.28 9,194.04 9,686.32 10,252.80 10,840.30

Nippi 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 10,387.40 10,546.60 10,686.90 10,840.30 11,129.30

Competitive Comparison of Nippi's Cyclically Adjusted Book per Share

For the Footwear & Accessories subindustry, Nippi'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.


Nippi's Cyclically Adjusted PB Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Nippi's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Nippi 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, Nippi'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)
=13318.566/108.9000*108.9000
=13,318.566

Current CPI (Sep. 2024) = 108.9000.

Nippi Quarterly Data

Book Value per Share CPI Adj_Book
201409 7,820.018 98.500 8,645.685
201412 8,010.742 97.900 8,910.825
201503 8,316.365 97.900 9,250.788
201506 8,502.610 98.400 9,409.901
201509 8,589.130 98.500 9,496.003
201512 8,653.412 98.100 9,606.081
201603 8,678.517 97.900 9,653.631
201606 8,747.676 98.100 9,710.723
201609 9,015.274 98.000 10,017.993
201612 9,249.162 98.400 10,236.115
201703 9,271.868 98.100 10,292.624
201706 9,514.475 98.500 10,519.049
201709 9,632.650 98.800 10,617.364
201712 9,783.497 99.400 10,718.539
201803 9,630.253 99.200 10,571.921
201806 9,634.077 99.200 10,576.119
201809 9,599.313 99.900 10,464.116
201812 9,548.558 99.700 10,429.669
201903 9,526.193 99.700 10,405.240
201906 9,530.365 99.800 10,399.366
201909 9,689.935 100.100 10,541.797
201912 9,776.151 100.500 10,593.262
202003 9,730.344 100.300 10,564.651
202006 11,054.633 99.900 12,050.546
202009 11,122.777 99.900 12,124.829
202012 11,138.770 99.300 12,215.630
202103 11,267.728 99.900 12,282.839
202106 11,291.024 99.500 12,357.714
202109 11,404.720 100.100 12,407.333
202112 11,442.966 100.100 12,448.941
202203 11,616.587 101.100 12,512.822
202206 11,758.100 101.800 12,578.164
202209 11,911.087 103.100 12,581.158
202212 11,926.038 104.100 12,475.942
202303 11,982.184 104.400 12,498.657
202306 12,192.196 105.200 12,621.009
202309 12,540.594 106.200 12,859.423
202312 12,671.859 106.800 12,921.025
202403 13,080.261 107.200 13,287.691
202409 13,318.566 108.900 13,318.566

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


Nippi  (TSE:7932) 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.

Nippi's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=5540.00/11129.3
=0.50

* 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 Nippi was 0.68. The lowest was 0.29. And the median was 0.40.


Be Aware

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


Nippi Cyclically Adjusted Book per Share Related Terms

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


Nippi Business Description

Traded in Other Exchanges
N/A
Address
1-1-1 Senju Midori-cho, Adachi, Tokyo, JPN, 1208601
Nippi Inc is engaged in the manufacturing and selling of Leather Products in Japan. It also Manufactures and Sale Collagen Casing for Sausages, Gelatin & Collagen Peptide for food, Pharmaceutical, Industrial, and Photographic use, Cosmetics and Health Foods with Collagen.

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