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Nippon Telegraph & Telephone (WBO:NITT) Cyclically Adjusted Book per Share : €0.67 (As of Mar. 2025)


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What is Nippon Telegraph & Telephone 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.

Nippon Telegraph & Telephone's adjusted book value per share for the three months ended in Mar. 2025 was €0.767. 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 €0.67 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Nippon Telegraph & Telephone's average Cyclically Adjusted Book Growth Rate was 6.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 6.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 5.10% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 5.70% 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 Nippon Telegraph & Telephone was 7.00% per year. The lowest was 3.60% per year. And the median was 5.20% per year.

As of today (2025-05-29), Nippon Telegraph & Telephone's current stock price is €0.9464. Nippon Telegraph & Telephone's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was €0.67. Nippon Telegraph & Telephone's Cyclically Adjusted PB Ratio of today is 1.41.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Nippon Telegraph & Telephone was 1.86. The lowest was 1.01. And the median was 1.42.


Nippon Telegraph & Telephone Cyclically Adjusted Book per Share Historical Data

The historical data trend for Nippon Telegraph & Telephone'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.

Nippon Telegraph & Telephone Cyclically Adjusted Book per Share Chart

Nippon Telegraph & Telephone Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.67 0.67 0.63 0.67

Nippon Telegraph & Telephone Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 0.63 0.60 0.67 0.65 0.67

Competitive Comparison of Nippon Telegraph & Telephone's Cyclically Adjusted Book per Share

For the Telecom Services subindustry, Nippon Telegraph & Telephone'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.


Nippon Telegraph & Telephone's Cyclically Adjusted PB Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Nippon Telegraph & Telephone's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Nippon Telegraph & Telephone's Cyclically Adjusted PB Ratio falls into.


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Nippon Telegraph & Telephone 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, Nippon Telegraph & Telephone's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book= Book Value per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=0.767/111.1000*111.1000
=0.767

Current CPI (Mar. 2025) = 111.1000.

Nippon Telegraph & Telephone Quarterly Data

Book Value per Share CPI Adj_Book
201506 0.595 98.400 0.672
201509 0.624 98.500 0.704
201512 0.641 98.100 0.726
201603 0.670 97.900 0.760
201606 0.712 98.100 0.806
201609 0.753 98.000 0.854
201612 0.714 98.400 0.806
201703 0.708 98.100 0.802
201706 0.733 98.500 0.827
201709 0.713 98.800 0.802
201712 0.709 99.400 0.792
201803 0.702 99.200 0.786
201806 0.728 99.200 0.815
201809 0.747 99.900 0.831
201812 0.754 99.700 0.840
201903 0.770 99.700 0.858
201906 0.795 99.800 0.885
201909 0.840 100.100 0.932
201912 1.661 100.500 1.836
202003 0.838 100.300 0.928
202006 0.837 99.900 0.931
202009 0.842 99.900 0.936
202012 0.642 99.300 0.718
202103 0.645 99.900 0.717
202106 0.644 99.500 0.719
202109 0.688 100.100 0.764
202112 0.702 100.100 0.779
202203 0.716 101.100 0.787
202206 0.679 101.800 0.741
202209 0.692 103.100 0.746
202212 0.685 104.100 0.731
202303 0.702 104.400 0.747
202306 0.685 105.200 0.723
202309 0.694 106.200 0.726
202312 0.699 106.800 0.727
202403 0.719 107.200 0.745
202406 0.698 108.200 0.717
202409 0.751 108.900 0.766
202412 0.759 110.700 0.762
202503 0.767 111.100 0.767

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


Nippon Telegraph & Telephone  (WBO:NITT) 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.

Nippon Telegraph & Telephone's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.9464/0.67
=1.41

* 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 Nippon Telegraph & Telephone was 1.86. The lowest was 1.01. And the median was 1.42.


Be Aware

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


Nippon Telegraph & Telephone Cyclically Adjusted Book per Share Related Terms

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


Nippon Telegraph & Telephone Business Description

Traded in Other Exchanges
Address
5-1, Otemachi 1-Chome, Otemachi First Square, East Tower, Chiyoda-Ku, Tokyo, JPN, 100-8116
NTT owns NTT DoCoMo, the largest wireless operator in Japan, with 90.8 million subscribers. It also owns NTT East and NTT West, the two regional incumbent fixed-line operators in Japan, with about 23.6 million broadband lines (around 72% of which are wholesaled). The firm also provides IT and communications systems integration via NTT Communications and 52.4%-owned NTT Data.

Nippon Telegraph & Telephone Headlines

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