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NII Holdings (FRA:NJJ) Cyclically Adjusted PB Ratio : (As of Jun. 10, 2024)


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What is NII Holdings Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


NII Holdings Cyclically Adjusted PB Ratio Historical Data

The historical data trend for NII Holdings's Cyclically Adjusted PB Ratio 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.

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NII Holdings Cyclically Adjusted PB Ratio Chart

NII Holdings Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Cyclically Adjusted PB Ratio
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NII Holdings Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
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Competitive Comparison of NII Holdings's Cyclically Adjusted PB Ratio

For the Telecom Services subindustry, NII Holdings'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.


NII Holdings's Cyclically Adjusted PB Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, NII Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



NII Holdings Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

NII Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2019 is calculated as:

For example, NII Holdings's adjusted Book Value per Share data for the three months ended in Sep. 2019 was:

Adj_Book=Book Value per Share/CPI of Sep. 2019 (Change)*Current CPI (Sep. 2019)
=-0.809/108.3294*108.3294
=-0.809

Current CPI (Sep. 2019) = 108.3294.

NII Holdings Quarterly Data

Book Value per Share CPI Adj_Book
200912 10.696 91.111 12.717
201003 12.315 91.821 14.529
201006 13.788 91.962 16.242
201009 0.000 92.162 0.000
201012 14.586 92.474 17.087
201103 14.492 94.283 16.651
201106 15.096 95.235 17.172
201109 13.690 95.727 15.492
201112 13.931 95.213 15.850
201203 14.748 96.783 16.507
201206 13.752 96.819 15.387
201209 13.274 97.633 14.728
201212 10.283 96.871 11.499
201303 9.851 98.209 10.866
201306 6.729 98.518 7.399
201309 5.282 98.790 5.792
201312 1.505 98.326 1.658
201403 -0.037 99.695 -0.040
201406 -2.492 100.560 -2.685
201409 -5.737 100.428 -6.188
201412 -9.245 99.070 -10.109
201503 -13.423 99.621 -14.596
201506 10.688 100.684 11.500
201509 8.367 100.392 9.029
201512 8.223 99.792 8.926
201603 8.299 100.470 8.948
201606 8.727 101.688 9.297
201609 1.314 101.861 1.397
201612 0.913 101.863 0.971
201703 0.365 102.862 0.384
201706 -0.019 103.349 -0.020
201709 0.006 104.136 0.006
201712 -0.175 104.011 -0.182
201803 -0.182 105.290 -0.187
201806 -0.360 106.317 -0.367
201809 -0.486 106.507 -0.494
201812 -0.520 105.998 -0.531
201903 -0.565 107.251 -0.571
201906 -0.665 108.070 -0.667
201909 -0.809 108.329 -0.809

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


NII Holdings  (FRA:NJJ) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


NII Holdings Cyclically Adjusted PB Ratio Related Terms

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NII Holdings (FRA:NJJ) Business Description

Traded in Other Exchanges
N/A
Address
12110 Sunset Hills Road, Suite 600, Reston, VA, USA, 20190
NII Holdings was incorporated in Virginia but conducts all of its business in Latin America. The firm provides a push-to-talk wireless service, using technology licensed from Motorola, in four countries. It has more than 9 million customers in total throughout Mexico, Brazil, Chile, and Argentina. The firm is rolling out 3G wireless services in all these regions over the next few years.

NII Holdings (FRA:NJJ) Headlines

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