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Nac Co (TSE:9788) Cyclically Adjusted Book per Share : 円491.77 (As of Sep. 2024)


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What is Nac 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.

Nac Co's adjusted book value per share for the three months ended in Sep. 2024 was 円513.816. 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491.77 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Nac Co's average Cyclically Adjusted Book Growth Rate was 3.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 4.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 4.30% 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 Nac Co was 4.60% per year. The lowest was 4.10% per year. And the median was 4.30% per year.

As of today (2025-05-30), Nac Co's current stock price is 円561.00. Nac Co's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was 円491.77. Nac Co's Cyclically Adjusted PB Ratio of today is 1.14.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Nac Co was 1.53. The lowest was 0.84. And the median was 1.12.


Nac Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Nac 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.

Nac Co Cyclically Adjusted Book per Share Chart

Nac 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 409.60 425.74 445.15 468.75 483.91

Nac 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 473.95 479.26 482.36 483.91 491.77

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

For the Engineering & Construction subindustry, Nac 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.


Nac Co's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

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

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


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Nac 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, Nac 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)
=513.816/108.9000*108.9000
=513.816

Current CPI (Sep. 2024) = 108.9000.

Nac Co Quarterly Data

Book Value per Share CPI Adj_Book
201409 463.762 98.500 512.728
201412 463.702 97.900 515.803
201503 480.562 97.900 534.558
201506 438.589 98.400 485.390
201509 444.905 98.500 491.880
201512 433.346 98.100 481.054
201603 467.446 97.900 519.968
201606 416.600 98.100 462.464
201609 401.482 98.000 446.137
201612 404.287 98.400 447.427
201703 461.667 98.100 512.493
201706 413.315 98.500 456.954
201709 415.042 98.800 457.470
201712 418.019 99.400 457.971
201803 419.627 99.200 460.659
201806 388.471 99.200 426.457
201809 414.487 99.900 451.828
201812 422.320 99.700 461.290
201903 449.902 99.700 491.418
201906 407.346 99.800 444.489
201909 421.360 100.100 458.403
201912 418.125 100.500 453.073
202003 440.886 100.300 478.689
202006 446.822 99.900 487.076
202009 462.153 99.900 503.788
202012 465.277 99.300 510.258
202103 475.274 99.900 518.091
202106 457.757 99.500 501.002
202109 476.301 100.100 518.174
202112 481.367 100.100 523.685
202203 491.578 101.100 529.504
202206 468.852 101.800 501.552
202209 480.905 103.100 507.959
202212 490.286 104.100 512.893
202303 517.000 104.400 539.284
202306 495.564 105.200 512.994
202309 508.162 106.200 521.081
202312 514.606 106.800 524.725
202403 527.900 107.200 536.272
202409 513.816 108.900 513.816

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


Nac Co  (TSE:9788) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=561.00/491.77
=1.14

* 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 Nac Co was 1.53. The lowest was 0.84. And the median was 1.12.


Be Aware

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


Nac Co Cyclically Adjusted Book per Share Related Terms

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


Nac Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Nac Co Ltd (TSE:9788) » Definitions » Cyclically Adjusted Book per Share
Traded in Other Exchanges
N/A
Address
1-25-1 Nishi Shinjuku, Shinjuku Center Building 42, Shinjuku-ku, Tokyo, JPN, 163-0675
Nac Co Ltd engages in the operation of housing maintenance and construction business in Japan. The company's operating division include Production and sales of home delivery water, Rental business, Construction consulting business, Housing business, and Beauty and health business.

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