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Nippon Telegraph & Telephone (FRA:NTT) Cyclically Adjusted PB Ratio : 1.45 (As of Jun. 02, 2025)


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What is Nippon Telegraph & Telephone Cyclically Adjusted PB Ratio?

As of today (2025-06-02), Nippon Telegraph & Telephone's current share price is €0.9727. 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 for today is 1.45.

The historical rank and industry rank for Nippon Telegraph & Telephone's Cyclically Adjusted PB Ratio or its related term are showing as below:

FRA:NTT' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.01   Med: 1.42   Max: 1.86
Current: 1.48

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

FRA:NTT's Cyclically Adjusted PB Ratio is ranked better than
51.08% of 278 companies
in the Telecommunication Services industry
Industry Median: 1.53 vs FRA:NTT: 1.48

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 adjusted book value per share data 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.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nippon Telegraph & Telephone Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Nippon Telegraph & Telephone'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.

Nippon Telegraph & Telephone Cyclically Adjusted PB Ratio Chart

Nippon Telegraph & Telephone Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.30 1.56 1.64 1.77 1.33

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 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 1.77 1.47 1.40 1.47 1.33

Competitive Comparison of Nippon Telegraph & Telephone's Cyclically Adjusted PB Ratio

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 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.9727/0.67
=1.45

* 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.

Nippon Telegraph & Telephone's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

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.

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.


Nippon Telegraph & Telephone  (FRA:NTT) 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.


Nippon Telegraph & Telephone Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Nippon Telegraph & Telephone's Cyclically Adjusted PB Ratio 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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