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Narasakingyo Co (TSE:8085) Cyclically Adjusted Book per Share : 円3,266.92 (As of Sep. 2024)


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What is Narasakingyo 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.

Narasakingyo Co's adjusted book value per share for the three months ended in Sep. 2024 was 円4,719.700. 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3,266.92 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Narasakingyo Co's average Cyclically Adjusted Book Growth Rate was 13.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 12.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 12.10% 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 Narasakingyo Co was 12.90% per year. The lowest was 10.70% per year. And the median was 11.90% per year.

As of today (2025-05-13), Narasakingyo Co's current stock price is 円2987.00. Narasakingyo Co's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was 円3,266.92. Narasakingyo Co's Cyclically Adjusted PB Ratio of today is 0.91.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Narasakingyo Co was 1.33. The lowest was 0.64. And the median was 0.93.


Narasakingyo Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Narasakingyo 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.

Narasakingyo Co Cyclically Adjusted Book per Share Chart

Narasakingyo Co 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 1,972.38 2,189.45 2,464.29 2,797.29 3,147.08

Narasakingyo Co 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 2,884.59 2,978.46 3,062.00 3,147.08 3,266.92

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

For the Industrial Distribution subindustry, Narasakingyo 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.


Narasakingyo Co's Cyclically Adjusted PB Ratio Distribution in the Industrial Distribution Industry

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

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


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Narasakingyo 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, Narasakingyo Co'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)
=4719.7/108.9000*108.9000
=4,719.700

Current CPI (Sep. 2024) = 108.9000.

Narasakingyo Co Quarterly Data

Book Value per Share CPI Adj_Book
201409 1,768.517 98.500 1,955.244
201412 1,841.637 97.900 2,048.563
201503 1,957.680 97.900 2,177.644
201506 1,955.224 98.400 2,163.861
201509 1,963.915 98.500 2,171.273
201512 2,012.091 98.100 2,233.606
201603 2,062.333 97.900 2,294.056
201606 2,019.443 98.100 2,241.767
201609 2,109.226 98.000 2,343.824
201612 2,196.912 98.400 2,431.339
201703 2,354.036 98.100 2,613.196
201706 2,357.265 98.500 2,606.154
201709 2,454.701 98.800 2,705.637
201712 2,551.567 99.400 2,795.429
201803 2,650.824 99.200 2,910.028
201806 2,657.830 99.200 2,917.719
201809 2,733.384 99.900 2,979.635
201812 2,780.534 99.700 3,037.113
201903 2,870.304 99.700 3,135.167
201906 2,843.119 99.800 3,102.361
201909 2,994.148 100.100 3,257.370
201912 3,105.343 100.500 3,364.894
202003 3,086.204 100.300 3,350.824
202006 3,249.501 99.900 3,542.249
202009 3,101.826 99.900 3,381.270
202012 3,322.497 99.300 3,643.705
202103 3,605.162 99.900 3,929.951
202106 3,586.466 99.500 3,925.288
202109 3,677.505 100.100 4,000.802
202112 3,757.366 100.100 4,087.684
202203 3,782.170 101.100 4,073.969
202206 3,753.933 101.800 4,015.750
202209 3,839.855 103.100 4,055.870
202212 3,959.863 104.100 4,142.450
202303 4,153.600 104.400 4,332.634
202306 4,133.600 105.200 4,278.983
202309 4,281.000 106.200 4,389.839
202312 4,388.400 106.800 4,474.689
202403 4,769.750 107.200 4,845.390
202409 4,719.700 108.900 4,719.700

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


Narasakingyo Co  (TSE:8085) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2987.00/3266.92
=0.91

* 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 Narasakingyo Co was 1.33. The lowest was 0.64. And the median was 0.93.


Be Aware

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


Narasakingyo Co Cyclically Adjusted Book per Share Related Terms

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


Narasakingyo Co Business Description

Traded in Other Exchanges
N/A
Address
Presto 1.7 Buliduing, 7-1, Kitaichijo-Nishi, Chuo-ku, Sapporo, JPN, 060-0001
Narasaki Sangyo Co Ltd is primarily engaged in the sale of industrial equipment. The company operates principally in seven business divisions organized on the basis of product lines- Electric Machinery and Equipment, Building Equipment, FA And High-performance Materials, Industrial Equipment and Agricultural Implements, Construction Machinery, Construction Materials and Energy. The product range comprises factory automation components, optimal air conditioning and sanitation equipment, freezing and refrigerating equipment, elevators, power receiving/transforming facilities, and petroleum products to industry and households.

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