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NTT Data Group (FRA:NT5) Cyclically Adjusted PB Ratio : 2.86 (As of May. 15, 2024)


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What is NTT Data Group Cyclically Adjusted PB Ratio?

As of today (2024-05-15), NTT Data Group's current share price is €13.10. NTT Data Group's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €4.58. NTT Data Group's Cyclically Adjusted PB Ratio for today is 2.86.

The historical rank and industry rank for NTT Data Group's Cyclically Adjusted PB Ratio or its related term are showing as below:

FRA:NT5' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.64   Med: 2.67   Max: 4.34
Current: 3.05

During the past years, NTT Data Group's highest Cyclically Adjusted PB Ratio was 4.34. The lowest was 1.64. And the median was 2.67.

FRA:NT5's Cyclically Adjusted PB Ratio is ranked worse than
55.28% of 1335 companies
in the Software industry
Industry Median: 2.6 vs FRA:NT5: 3.05

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.

NTT Data Group's adjusted book value per share data for the three months ended in Mar. 2024 was €7.530. 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 €4.58 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


NTT Data Group Cyclically Adjusted PB Ratio Historical Data

The historical data trend for NTT Data Group'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.

* Premium members only.

NTT Data Group Cyclically Adjusted PB Ratio Chart

NTT Data Group Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.93 3.04 3.96 2.53 3.17

NTT Data Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted PB Ratio 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 2.53 2.85 2.76 2.68 3.17

Competitive Comparison of NTT Data Group's Cyclically Adjusted PB Ratio

For the Information Technology Services subindustry, NTT Data Group'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.


NTT Data Group's Cyclically Adjusted PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, NTT Data Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



NTT Data Group 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.

NTT Data Group's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=13.10/4.58
=2.86

* 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.

NTT Data Group's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, NTT Data Group's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=7.53/107.2000*107.2000
=7.530

Current CPI (Mar. 2024) = 107.2000.

NTT Data Group Quarterly Data

Book Value per Share CPI Adj_Book
201406 3.457 98.000 3.782
201409 3.541 98.500 3.854
201412 3.601 97.900 3.943
201503 4.233 97.900 4.635
201506 3.909 98.400 4.259
201509 4.055 98.500 4.413
201512 4.169 98.100 4.556
201603 4.201 97.900 4.600
201606 4.237 98.100 4.630
201609 4.403 98.000 4.816
201612 4.283 98.400 4.666
201703 4.736 98.100 5.175
201706 4.576 98.500 4.980
201709 4.488 98.800 4.870
201712 4.521 99.400 4.876
201803 4.505 99.200 4.868
201806 4.808 99.200 5.196
201809 4.989 99.900 5.354
201812 4.927 99.700 5.298
201903 5.255 99.700 5.650
201906 5.397 99.800 5.797
201909 5.597 100.100 5.994
201912 5.646 100.500 6.022
202003 5.632 100.300 6.019
202006 5.671 99.900 6.085
202009 5.664 99.900 6.078
202012 5.622 99.300 6.069
202103 5.912 99.900 6.344
202106 5.882 99.500 6.337
202109 6.424 100.100 6.880
202112 6.728 100.100 7.205
202203 6.939 101.100 7.358
202206 6.885 101.800 7.250
202209 7.228 103.100 7.515
202212 6.939 104.100 7.146
202303 7.239 104.400 7.433
202306 7.237 105.200 7.375
202309 7.231 106.200 7.299
202312 7.186 106.800 7.213
202403 7.530 107.200 7.530

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.


NTT Data Group  (FRA:NT5) 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.


NTT Data Group Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of NTT Data Group's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


NTT Data Group (FRA:NT5) Business Description

Industry
Traded in Other Exchanges
Address
Toyosu Center Building, 3-3, Toyosu 3-chome, Koto-ku, Yubinbango, Tokyo, JPN, 135-6033
NTT Data Group Corp Formerly NTT Data Corp provides IT services to a wide range of business fields. The company's operations are divided into three segments: global, public and social infrastructure; enterprise and solutions; and financial. Each segment contributes approximately an even proportion of the company's revenue. The services the company provides include system integration by constructing systems tailored to individual customer needs, multiple Internet and computer network-based information and processing services, consulting that evaluates customers' management issues, system support for large-scale systems, and new IT-based business models. The company is based in Japan but has a global presence.

NTT Data Group (FRA:NT5) Headlines

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