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NSI NV (LTS:0RQN) Cyclically Adjusted PB Ratio : 0.42 (As of May. 31, 2024)


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What is NSI NV Cyclically Adjusted PB Ratio?

As of today (2024-05-31), NSI NV's current share price is €19.71. NSI NV's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was €46.56. NSI NV's Cyclically Adjusted PB Ratio for today is 0.42.

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

LTS:0RQN' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.25   Med: 0.46   Max: 0.86
Current: 0.42

During the past 13 years, NSI NV's highest Cyclically Adjusted PB Ratio was 0.86. The lowest was 0.25. And the median was 0.46.

LTS:0RQN's Cyclically Adjusted PB Ratio is ranked better than
76.97% of 495 companies
in the REITs industry
Industry Median: 0.76 vs LTS:0RQN: 0.42

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.

NSI NV's adjusted book value per share data of for the fiscal year that ended in Dec23 was €35.221. 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 €46.56 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


NSI NV Cyclically Adjusted PB Ratio Historical Data

The historical data trend for NSI NV'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.

NSI NV Cyclically Adjusted PB Ratio Chart

NSI NV Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.72 0.62 0.72 0.49 0.41

NSI NV Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 0.72 - 0.49 - 0.41

Competitive Comparison of NSI NV's Cyclically Adjusted PB Ratio

For the REIT - Office subindustry, NSI NV'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.


NSI NV's Cyclically Adjusted PB Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, NSI NV's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



NSI NV 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.

NSI NV's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=19.71/46.56
=0.42

* 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.

NSI NV's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, NSI NV's adjusted Book Value per Share data for the fiscal year that ended in Dec23 was:

Adj_Book=Book Value per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=35.221/126.4500*126.4500
=35.221

Current CPI (Dec23) = 126.4500.

NSI NV Annual Data

Book Value per Share CPI Adj_Book
201412 34.394 99.050 43.908
201512 35.915 99.730 45.537
201612 32.844 100.710 41.238
201712 35.639 101.970 44.195
201812 38.411 103.970 46.716
201912 46.459 106.800 55.007
202012 45.166 107.850 52.955
202112 48.149 114.010 53.403
202212 44.231 124.940 44.766
202312 35.221 126.450 35.221

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.


NSI NV  (LTS:0RQN) 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.


NSI NV Cyclically Adjusted PB Ratio Related Terms

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


NSI NV (LTS:0RQN) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » NSI NV (LTS:0RQN) » Definitions » Cyclically Adjusted PB Ratio
Traded in Other Exchanges
Address
Hoogoorddreef 62, Amsterdam, NLD, 1101 BE
NSI NV is a real estate investment trust. The company basically invests in commercial properties with its portfolio of income-producing assets, including shopping centers, high street retail, neighborhood centers and retail parks.

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