GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Nagahori Corp (TSE:8139) » Definitions » Cyclically Adjusted Book per Share

Nagahori (TSE:8139) Cyclically Adjusted Book per Share : 円893.08 (As of Dec. 2023)


View and export this data going back to 1988. Start your Free Trial

What is Nagahori 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.

Nagahori's adjusted book value per share for the three months ended in Dec. 2023 was 円815.859. 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893.08 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Nagahori's average Cyclically Adjusted Book Growth Rate was 0.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -0.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -0.80% 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 Nagahori was -0.50% per year. The lowest was -1.20% per year. And the median was -1.10% per year.

As of today (2024-06-21), Nagahori's current stock price is 円1407.00. Nagahori's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円893.08. Nagahori's Cyclically Adjusted PB Ratio of today is 1.58.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Nagahori was 1.95. The lowest was 0.15. And the median was 0.26.


Nagahori Cyclically Adjusted Book per Share Historical Data

The historical data trend for Nagahori'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.

Nagahori Cyclically Adjusted Book per Share Chart

Nagahori Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 910.35 903.94 884.51 880.69 889.48

Nagahori Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 892.48 889.48 890.66 893.75 893.08

Competitive Comparison of Nagahori's Cyclically Adjusted Book per Share

For the Luxury Goods subindustry, Nagahori'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.


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

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

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



Nagahori 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, Nagahori's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book= Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=815.859/106.8000*106.8000
=815.859

Current CPI (Dec. 2023) = 106.8000.

Nagahori Quarterly Data

Book Value per Share CPI Adj_Book
201403 939.289 95.700 1,048.235
201406 928.625 98.000 1,012.012
201409 933.356 98.500 1,012.004
201412 936.999 97.900 1,022.181
201503 937.837 97.900 1,023.095
201506 932.180 98.400 1,011.756
201509 931.180 98.500 1,009.645
201512 915.619 98.100 996.821
201603 855.783 97.900 933.581
201606 835.471 98.100 909.565
201609 837.620 98.000 912.835
201612 851.163 98.400 923.823
201703 850.572 98.100 926.005
201706 840.201 98.500 911.000
201709 841.146 98.800 909.255
201712 853.198 99.400 916.716
201803 849.559 99.200 914.646
201806 834.824 99.200 898.782
201809 834.876 99.900 892.540
201812 833.638 99.700 893.004
201903 824.417 99.700 883.127
201906 809.615 99.800 866.402
201909 821.278 100.100 876.249
201912 819.088 100.500 870.434
202003 801.695 100.300 853.649
202006 770.209 99.900 823.407
202009 768.155 99.900 821.211
202012 775.670 99.300 834.255
202103 779.932 99.900 833.801
202106 770.166 99.500 826.671
202109 776.653 100.100 828.637
202112 782.090 100.100 834.438
202203 786.374 101.100 830.710
202206 778.263 101.800 816.488
202209 778.952 103.100 806.907
202212 785.482 104.100 805.855
202303 790.871 104.400 809.052
202306 787.696 105.200 799.676
202309 804.171 106.200 808.714
202312 815.859 106.800 815.859

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


Nagahori  (TSE:8139) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1407.00/893.08
=1.58

* 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 Nagahori was 1.95. The lowest was 0.15. And the median was 0.26.


Be Aware

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


Nagahori Cyclically Adjusted Book per Share Related Terms

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


Nagahori (TSE:8139) Business Description

Industry
Traded in Other Exchanges
N/A
Address
15-3, 1-chome Ueno, Taito-ku, Tokyo, JPN, 110-8546
Nagahori Corp is engaged in the manufacturing processing, Import and export of jewelry, pearls and precious metals products in Japan. It provides rings, necklaces, earrings, bracelets, pendants, engagement rings and marriage rings under the names Private Label, Disney, Hana-Kaido, Scavia, among others.

Nagahori (TSE:8139) Headlines

No Headlines