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Nihon M&A Center Holdings (Nihon M&A Center Holdings) Cyclically Adjusted PB Ratio : 7.89 (As of Jun. 19, 2024)


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What is Nihon M&A Center Holdings Cyclically Adjusted PB Ratio?

As of today (2024-06-19), Nihon M&A Center Holdings's current share price is $5.05. Nihon M&A Center Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $0.64. Nihon M&A Center Holdings's Cyclically Adjusted PB Ratio for today is 7.89.

The historical rank and industry rank for Nihon M&A Center Holdings's Cyclically Adjusted PB Ratio or its related term are showing as below:

NHMAF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 6.83   Med: 36.48   Max: 66.74
Current: 8.02

During the past years, Nihon M&A Center Holdings's highest Cyclically Adjusted PB Ratio was 66.74. The lowest was 6.83. And the median was 36.48.

NHMAF's Cyclically Adjusted PB Ratio is ranked worse than
92.3% of 636 companies
in the Capital Markets industry
Industry Median: 1.16 vs NHMAF: 8.02

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.

Nihon M&A Center Holdings's adjusted book value per share data for the three months ended in Dec. 2023 was $1.013. 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 $0.64 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nihon M&A Center Holdings Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Nihon M&A Center Holdings'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.

Nihon M&A Center Holdings Cyclically Adjusted PB Ratio Chart

Nihon M&A Center Holdings 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 30.58 50.66 23.72 11.12 -

Nihon M&A Center Holdings 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 11.12 11.96 7.53 7.87 -

Competitive Comparison of Nihon M&A Center Holdings's Cyclically Adjusted PB Ratio

For the Capital Markets subindustry, Nihon M&A Center Holdings'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.


Nihon M&A Center Holdings's Cyclically Adjusted PB Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Nihon M&A Center Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Nihon M&A Center Holdings's Cyclically Adjusted PB Ratio falls into.



Nihon M&A Center Holdings 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.

Nihon M&A Center Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=5.05/0.64
=7.89

* 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.

Nihon M&A Center Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Nihon M&A Center Holdings's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=1.013/106.8000*106.8000
=1.013

Current CPI (Dec. 2023) = 106.8000.

Nihon M&A Center Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.333 95.700 0.372
201406 0.333 98.000 0.363
201409 0.347 98.500 0.376
201412 0.331 97.900 0.361
201503 0.350 97.900 0.382
201506 0.352 98.400 0.382
201509 0.394 98.500 0.427
201512 0.408 98.100 0.444
201603 0.464 97.900 0.506
201606 0.507 98.100 0.552
201609 0.599 98.000 0.653
201612 0.403 98.400 0.437
201703 0.448 98.100 0.488
201706 0.493 98.500 0.535
201709 0.566 98.800 0.612
201712 0.583 99.400 0.626
201803 0.646 99.200 0.695
201806 0.625 99.200 0.673
201809 0.694 99.900 0.742
201812 0.715 99.700 0.766
201903 0.760 99.700 0.814
201906 0.802 99.800 0.858
201909 0.970 100.100 1.035
201912 0.981 100.500 1.042
202003 1.022 100.300 1.088
202006 1.054 99.900 1.127
202009 1.223 99.900 1.307
202012 1.269 99.300 1.365
202103 1.238 99.900 1.324
202106 1.284 99.500 1.378
202109 1.399 100.100 1.493
202112 1.329 100.100 1.418
202203 1.295 101.100 1.368
202206 1.128 101.800 1.183
202209 1.119 103.100 1.159
202212 1.159 104.100 1.189
202303 1.231 104.400 1.259
202306 0.971 105.200 0.986
202309 0.985 106.200 0.991
202312 1.013 106.800 1.013

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.


Nihon M&A Center Holdings  (OTCPK:NHMAF) 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.


Nihon M&A Center Holdings Cyclically Adjusted PB Ratio Related Terms

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


Nihon M&A Center Holdings (Nihon M&A Center Holdings) Business Description

Traded in Other Exchanges
Address
1-8-2, Marunouchi, 24th Floor, Tekko Building, Chiyoda-ku, Tokyo, JPN, 100-0005
Nihon M&A Center Holdings Inc is a Japan-based company involved in the merger and acquisition brokerage business. It offers M & A intermediary, corporate assessment, management buyout support, restructuring aid, corporate advisory, capital planning policy and management, and consulting services. The company is also involved in the corporate assessment business, calculating the reference price of enterprise value.

Nihon M&A Center Holdings (Nihon M&A Center Holdings) Headlines

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