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Nissan Motor Co (MEX:NSANY) Cyclically Adjusted PB Ratio : 0.47 (As of Jun. 23, 2024)


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What is Nissan Motor Co Cyclically Adjusted PB Ratio?

As of today (2024-06-23), Nissan Motor Co's current share price is MXN237.00. Nissan Motor Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was MXN505.85. Nissan Motor Co's Cyclically Adjusted PB Ratio for today is 0.47.

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

MEX:NSANY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.29   Med: 0.96   Max: 1.59
Current: 0.42

During the past years, Nissan Motor Co's highest Cyclically Adjusted PB Ratio was 1.59. The lowest was 0.29. And the median was 0.96.

MEX:NSANY's Cyclically Adjusted PB Ratio is ranked better than
87.39% of 1007 companies
in the Vehicles & Parts industry
Industry Median: 1.29 vs MEX:NSANY: 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.

Nissan Motor Co's adjusted book value per share data for the three months ended in Mar. 2024 was MXN354.342. 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 MXN505.85 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nissan Motor Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Nissan Motor Co'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.

Nissan Motor Co Cyclically Adjusted PB Ratio Chart

Nissan Motor Co 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 0.33 0.56 0.48 0.41 0.47

Nissan Motor Co 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 0.41 0.47 0.52 0.43 0.47

Competitive Comparison of Nissan Motor Co's Cyclically Adjusted PB Ratio

For the Auto Manufacturers subindustry, Nissan Motor Co'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.


Nissan Motor Co's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Nissan Motor Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Nissan Motor Co's Cyclically Adjusted PB Ratio falls into.



Nissan Motor Co 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.

Nissan Motor Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=237.00/505.85
=0.47

* 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.

Nissan Motor Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Nissan Motor Co'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)
=354.342/107.2000*107.2000
=354.342

Current CPI (Mar. 2024) = 107.2000.

Nissan Motor Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 259.794 98.000 284.183
201409 268.643 98.500 292.371
201412 277.782 97.900 304.170
201503 292.094 97.900 319.841
201506 298.366 98.400 325.049
201509 330.805 98.500 360.023
201512 332.718 98.100 363.582
201603 345.319 97.900 378.123
201606 378.994 98.100 414.150
201609 405.783 98.000 443.877
201612 408.827 98.400 445.389
201703 414.544 98.100 452.998
201706 407.242 98.500 443.212
201709 426.134 98.800 462.364
201712 472.283 99.400 509.343
201803 472.966 99.200 511.108
201806 484.263 99.200 523.316
201809 467.477 99.900 501.637
201812 477.826 99.700 513.771
201903 473.038 99.700 508.623
201906 466.129 99.800 500.692
201909 478.118 100.100 512.030
201912 446.334 100.500 476.090
202003 452.529 100.300 483.660
202006 406.598 99.900 436.309
202009 389.565 99.900 418.032
202012 359.960 99.300 388.597
202103 379.036 99.900 406.733
202106 377.839 99.500 407.079
202109 396.787 100.100 424.931
202112 393.336 100.100 421.235
202203 392.981 101.100 416.692
202206 375.853 101.800 395.790
202209 366.423 103.100 380.995
202212 374.471 104.100 385.622
202303 353.533 104.400 363.015
202306 340.083 105.200 346.548
202309 349.660 106.200 352.952
202312 333.092 106.800 334.340
202403 354.342 107.200 354.342

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.


Nissan Motor Co  (MEX:NSANY) 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.


Nissan Motor Co Cyclically Adjusted PB Ratio Related Terms

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


Nissan Motor Co (MEX:NSANY) Business Description

Address
1-1, Takashima 1-chome, Nishi-ku, Yokohama-shi, Kanagawa, JPN, 220-8686
While Nissan sold 3.3 million vehicles last fiscal year, total calendar 2022 Renault-Nissan-Mitsubishi alliance sales volume of 6.5 million vehicles makes the group the fourth-largest vehicle seller in the world, behind Toyota at 10.3 million, Volkswagen at 8.5 million, and Hyundai/Kia with 6.8 million vehicles sold. Nissan's financial services subsidiary provides consumers with auto loans and leases but also finances Nissan's sales to its dealerships (known as floor-plan financing). Nissan is 43.4% owned by Renault, while Nissan in turn owns 15% of Renault. Nissan also owns a 34% stake in Mitsubishi Motors. Under a new alliance agreement expected to be completed before the end of December 2023, Nissan and Renault will have cross-shareholding capped at 15% voting rights for each company.

Nissan Motor Co (MEX:NSANY) Headlines

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