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NCLTY (Nitori Holdings Co) Cyclically Adjusted PB Ratio : 3.36 (As of Jan. 18, 2025)


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What is Nitori Holdings Co Cyclically Adjusted PB Ratio?

As of today (2025-01-18), Nitori Holdings Co's current share price is $12.02. Nitori Holdings Co's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was $3.58. Nitori Holdings Co's Cyclically Adjusted PB Ratio for today is 3.36.

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

NCLTY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.95   Med: 5.41   Max: 8.82
Current: 3.49

During the past years, Nitori Holdings Co's highest Cyclically Adjusted PB Ratio was 8.82. The lowest was 2.95. And the median was 5.41.

NCLTY's Cyclically Adjusted PB Ratio is ranked worse than
78.11% of 297 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 1.58 vs NCLTY: 3.49

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.

Nitori Holdings Co's adjusted book value per share data for the three months ended in Sep. 2024 was $5.812. 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 $3.58 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nitori Holdings Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Nitori Holdings 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.

Nitori Holdings Co Cyclically Adjusted PB Ratio Chart

Nitori Holdings Co Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Mar24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.49 5.15 6.01 4.53 4.68

Nitori Holdings Co Quarterly Data
Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 3.58 3.91 4.68 - 4.13

Competitive Comparison of Nitori Holdings Co's Cyclically Adjusted PB Ratio

For the Furnishings, Fixtures & Appliances subindustry, Nitori Holdings 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.


Nitori Holdings Co's Cyclically Adjusted PB Ratio Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Nitori Holdings Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Nitori Holdings 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.

Nitori Holdings Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=12.02/3.58
=3.36

* 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.

Nitori Holdings Co's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 is calculated as:

For example, Nitori Holdings Co's adjusted Book Value per Share data for the three months ended in Sep. 2024 was:

Adj_Book=Book Value per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=5.812/108.9000*108.9000
=5.812

Current CPI (Sep. 2024) = 108.9000.

Nitori Holdings Co Quarterly Data

Book Value per Share CPI Adj_Book
201408 2.376 98.300 2.632
201411 2.363 97.900 2.629
201502 2.372 97.600 2.647
201505 2.414 98.700 2.663
201508 2.465 98.400 2.728
201511 2.474 98.100 2.746
201602 2.610 97.800 2.906
201605 2.835 98.200 3.144
201608 3.056 97.900 3.399
201611 3.102 98.600 3.426
201702 3.134 98.100 3.479
201705 3.253 98.600 3.593
201708 3.443 98.500 3.807
201711 3.437 99.100 3.777
201802 3.654 99.500 3.999
201805 3.723 99.300 4.083
201808 3.828 99.800 4.177
201811 3.823 100.000 4.163
201902 4.036 99.700 4.408
201905 4.185 100.000 4.557
201908 4.457 100.000 4.854
201911 4.475 100.500 4.849
202002 4.532 100.300 4.921
202005 4.850 100.100 5.276
202008 5.101 100.100 5.549
202011 5.338 99.500 5.842
202102 5.401 99.800 5.893
202105 5.437 99.400 5.957
202108 5.603 99.700 6.120
202111 5.517 100.100 6.002
202202 5.630 100.700 6.088
202205 5.219 101.800 5.583
202208 5.159 102.700 5.470
202211 4.925 103.900 5.162
202306 5.237 105.200 5.421
202309 5.135 106.200 5.266
202312 5.414 106.800 5.520
202403 5.294 107.200 5.378
202406 0.000 108.200 0.000
202409 5.812 108.900 5.812

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.


Nitori Holdings Co  (OTCPK:NCLTY) 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.


Nitori Holdings Co Cyclically Adjusted PB Ratio Related Terms

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


Nitori Holdings Co Business Description

Traded in Other Exchanges
Address
6-20, Kamiya 3-chome, Kita-ku, Tokyo, JPN, 115-0043
Nitori Holdings Co Ltd is a Japanese holding company engaged in the sale of furniture and interior goods. It primarily operates home furnishing and fashion stores, along with other ventures such as the Nitori Mall and Corporate Enterprise, which focuses on corporate customers. It conducts these operations and more through its subsidiaries. The firm's products include bedding, curtains, cookware, tableware, tables, desks, and sofas. Nitori's operations are divided among manufacturing, trading company and logistics (which deals with imports and distribution centers), sales, and advertisement and publicity. Aside from its presence across Japan, the company operates in California, China, Huizhou, Indonesia, Shanghai, and Vietnam.

Nitori Holdings Co Headlines

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