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Naigai Co (TSE:8013) Cyclically Adjusted Book per Share : 円1,056.70 (As of Jan. 2025)


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What is Naigai 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.

Naigai Co's adjusted book value per share for the three months ended in Jan. 2025 was 円805.375. 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1,056.70 for the trailing ten years ended in Jan. 2025.

During the past 12 months, Naigai Co's average Cyclically Adjusted Book Growth Rate was 1.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 0.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -0.20% 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 Naigai Co was 0.60% per year. The lowest was -0.50% per year. And the median was -0.20% per year.

As of today (2025-05-13), Naigai Co's current stock price is 円269.00. Naigai Co's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2025 was 円1,056.70. Naigai Co's Cyclically Adjusted PB Ratio of today is 0.25.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Naigai Co was 0.53. The lowest was 0.21. And the median was 0.29.


Naigai Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Naigai 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.

Naigai Co Cyclically Adjusted Book per Share Chart

Naigai Co Annual Data
Trend Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,048.23 1,039.13 1,061.09 1,040.99 1,056.70

Naigai Co Quarterly Data
Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Jan25
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 1,053.62 1,040.99 1,039.93 1,040.48 1,056.70

Competitive Comparison of Naigai Co's Cyclically Adjusted Book per Share

For the Apparel Retail subindustry, Naigai 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.


Naigai Co's Cyclically Adjusted PB Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Naigai Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Naigai 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, Naigai Co's adjusted Book Value per Share data for the three months ended in Jan. 2025 was:

Adj_Book= Book Value per Share /CPI of Jan. 2025 (Change)*Current CPI (Jan. 2025)
=805.375/111.2000*111.2000
=805.375

Current CPI (Jan. 2025) = 111.2000.

Naigai Co Quarterly Data

Book Value per Share CPI Adj_Book
201501 1,050.402 97.800 1,194.322
201504 1,090.090 98.400 1,231.890
201507 1,118.943 98.300 1,265.783
201510 1,074.142 98.500 1,212.635
201601 1,050.402 97.700 1,195.545
201604 1,020.088 98.100 1,156.308
201607 1,002.557 97.900 1,138.757
201610 1,032.384 98.600 1,164.311
201701 1,095.093 98.200 1,240.065
201704 1,104.225 98.500 1,246.597
201707 1,103.494 98.300 1,248.307
201710 1,133.812 98.800 1,276.112
201801 1,185.970 99.500 1,325.426
201804 1,190.111 99.100 1,335.422
201807 1,186.092 99.200 1,329.571
201810 1,189.867 100.200 1,320.491
201901 1,151.261 99.700 1,284.054
201904 1,184.630 100.000 1,317.309
201907 1,129.826 99.800 1,258.884
201910 1,072.829 100.400 1,188.233
202001 1,062.607 100.500 1,175.740
202004 945.432 100.200 1,049.222
202007 896.224 100.000 996.601
202010 847.990 99.800 944.855
202101 815.469 99.800 908.619
202104 843.240 99.100 946.199
202107 821.559 99.700 916.323
202110 801.218 99.900 891.846
202201 847.614 100.300 939.728
202204 821.577 101.500 900.092
202207 807.429 102.300 877.675
202210 763.074 103.700 818.263
202301 706.623 104.700 750.492
202304 708.822 105.100 749.962
202307 666.667 105.700 701.356
202310 670.577 107.100 696.248
202401 708.175 106.900 736.661
202404 727.606 107.700 751.252
202407 763.116 108.600 781.386
202501 805.375 111.200 805.375

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


Naigai Co  (TSE:8013) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=269.00/1056.70
=0.25

* 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 Naigai Co was 0.53. The lowest was 0.21. And the median was 0.29.


Be Aware

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


Naigai Co Cyclically Adjusted Book per Share Related Terms

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


Naigai Co Business Description

Industry
Traded in Other Exchanges
N/A
Address
7-8-5 Akasaka, Minato-Ku, Tokyo, JPN, 107-0052
Naigai Co Ltd operates in the retail apparel stores industry. The company is primarily engaged in the planning, manufacturing, wholesales and import/export of textile products. It offers pantyhoses; and men's, women's, and children's socks.

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