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Nichimo Co (TSE:8091) Cyclically Adjusted Book per Share : 円2,662.15 (As of Sep. 2024)


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What is Nichimo 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.

Nichimo Co's adjusted book value per share for the three months ended in Sep. 2024 was 円3,462.674. 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2,662.15 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Nichimo Co's average Cyclically Adjusted Book Growth Rate was 8.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 6.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 4.70% 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 Nichimo Co was 6.70% per year. The lowest was 2.80% per year. And the median was 4.90% per year.

As of today (2025-05-27), Nichimo Co's current stock price is 円2103.00. Nichimo Co's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was 円2,662.15. Nichimo Co's Cyclically Adjusted PB Ratio of today is 0.79.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Nichimo Co was 1.58. The lowest was 0.36. And the median was 0.51.


Nichimo Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Nichimo 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.

Nichimo Co Cyclically Adjusted Book per Share Chart

Nichimo 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 2,089.94 2,125.13 2,235.33 2,412.23 2,583.69

Nichimo 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 2,452.44 2,500.85 2,539.64 2,583.69 2,662.15

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

For the Packaged Foods subindustry, Nichimo 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.


Nichimo Co's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Nichimo Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Nichimo 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, Nichimo 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)
=3462.674/108.9000*108.9000
=3,462.674

Current CPI (Sep. 2024) = 108.9000.

Nichimo Co Quarterly Data

Book Value per Share CPI Adj_Book
201409 1,841.186 98.500 2,035.585
201412 2,052.106 97.900 2,282.680
201503 2,049.472 97.900 2,279.750
201506 2,183.940 98.400 2,416.982
201509 2,051.820 98.500 2,268.459
201512 2,250.440 98.100 2,498.195
201603 1,781.383 97.900 1,981.538
201606 1,806.930 98.100 2,005.858
201609 1,786.962 98.000 1,985.716
201612 2,098.517 98.400 2,322.444
201703 2,131.865 98.100 2,366.566
201706 2,179.736 98.500 2,409.881
201709 2,172.394 98.800 2,394.471
201712 2,307.636 99.400 2,528.185
201803 2,130.122 99.200 2,338.410
201806 2,101.336 99.200 2,306.809
201809 2,253.488 99.900 2,456.505
201812 2,311.499 99.700 2,524.797
201903 2,174.181 99.700 2,374.808
201906 2,156.998 99.800 2,353.678
201909 2,216.184 100.100 2,411.013
201912 2,376.560 100.500 2,575.198
202003 2,257.684 100.300 2,451.264
202006 2,330.371 99.900 2,540.314
202009 2,360.961 99.900 2,573.660
202012 2,469.629 99.300 2,708.385
202103 2,526.147 99.900 2,753.728
202106 2,588.492 99.500 2,833.033
202109 2,739.111 100.100 2,979.912
202112 2,886.235 100.100 3,139.970
202203 2,934.738 101.100 3,161.157
202206 3,103.161 101.800 3,319.590
202209 3,166.497 103.100 3,344.632
202212 3,312.116 104.100 3,464.836
202303 3,079.146 104.400 3,211.868
202306 3,126.245 105.200 3,236.198
202309 3,240.850 106.200 3,323.244
202312 3,344.294 106.800 3,410.053
202403 3,399.976 107.200 3,453.894
202409 3,462.674 108.900 3,462.674

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


Nichimo Co  (TSE:8091) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2103.00/2662.15
=0.79

* 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 Nichimo Co was 1.58. The lowest was 0.36. And the median was 0.51.


Be Aware

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


Nichimo Co Cyclically Adjusted Book per Share Related Terms

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


Nichimo Co Business Description

Traded in Other Exchanges
N/A
Address
2-2-20 Higashi-Shinagawa, Tokyo, JPN, 140-0002
Nichimo Co Ltd offers marine processed food products, including surimi, fillet, and fresh and frozen fish products; fishing nets, gears, ropes, twines, equipment for fishing and vessels, and feeds for aquaculture; cultivated fish products; food processing machines and supplies, nori processing machines, and tofu making machines; and fermented soybean and health food products. It also provides synthetic resins, packaging materials and supplies, and agricultural materials; logistics and distribution services in Japan.

Nichimo Co Headlines

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