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Nippon Sheet Glass Co (Nippon Sheet Glass Co) Cyclically Adjusted PB Ratio : 0.30 (As of Jun. 20, 2024)


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What is Nippon Sheet Glass Co Cyclically Adjusted PB Ratio?

As of today (2024-06-20), Nippon Sheet Glass Co's current share price is $3.22. Nippon Sheet Glass Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $10.86. Nippon Sheet Glass Co's Cyclically Adjusted PB Ratio for today is 0.30.

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

NPSGF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.16   Med: 0.39   Max: 0.62
Current: 0.31

During the past years, Nippon Sheet Glass Co's highest Cyclically Adjusted PB Ratio was 0.62. The lowest was 0.16. And the median was 0.39.

NPSGF's Cyclically Adjusted PB Ratio is ranked better than
92.45% of 1007 companies
in the Vehicles & Parts industry
Industry Median: 1.29 vs NPSGF: 0.31

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 Sheet Glass Co's adjusted book value per share data for the three months ended in Mar. 2024 was $9.079. 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 $10.86 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nippon Sheet Glass Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Nippon Sheet Glass 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.

Nippon Sheet Glass Co Cyclically Adjusted PB Ratio Chart

Nippon Sheet Glass 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 0.19 0.38 0.30 0.44 0.37

Nippon Sheet Glass 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 0.44 0.46 0.56 0.40 0.37

Competitive Comparison of Nippon Sheet Glass Co's Cyclically Adjusted PB Ratio

For the Auto Parts subindustry, Nippon Sheet Glass 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.


Nippon Sheet Glass Co's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

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

* The bar in red indicates where Nippon Sheet Glass Co's Cyclically Adjusted PB Ratio falls into.



Nippon Sheet Glass 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.

Nippon Sheet Glass Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3.22/10.86
=0.30

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

For example, Nippon Sheet Glass 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)
=9.079/107.2000*107.2000
=9.079

Current CPI (Mar. 2024) = 107.2000.

Nippon Sheet Glass Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 17.003 98.000 18.599
201409 18.605 98.500 20.248
201412 18.200 97.900 19.929
201503 16.163 97.900 17.698
201506 17.788 98.400 19.379
201509 15.983 98.500 17.395
201512 14.658 98.100 16.018
201603 10.107 97.900 11.067
201606 10.834 98.100 11.839
201609 5.640 98.000 6.169
201612 8.700 98.400 9.478
201703 12.168 98.100 13.297
201706 13.193 98.500 14.358
201709 14.181 98.800 15.387
201712 13.227 99.400 14.265
201803 14.091 99.200 15.227
201806 12.750 99.200 13.778
201809 13.691 99.900 14.691
201812 11.803 99.700 12.691
201903 12.294 99.700 13.219
201906 10.852 99.800 11.657
201909 9.505 100.100 10.179
201912 10.553 100.500 11.257
202003 7.545 100.300 8.064
202006 5.746 99.900 6.166
202009 5.091 99.900 5.463
202012 6.503 99.300 7.020
202103 6.378 99.900 6.844
202106 7.491 99.500 8.071
202109 8.636 100.100 9.249
202112 9.391 100.100 10.057
202203 13.468 101.100 14.281
202206 14.888 101.800 15.678
202209 11.631 103.100 12.094
202212 8.919 104.100 9.185
202303 7.966 104.400 8.180
202306 9.662 105.200 9.846
202309 9.369 106.200 9.457
202312 8.433 106.800 8.465
202403 9.079 107.200 9.079

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 Sheet Glass Co  (OTCPK:NPSGF) 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 Sheet Glass Co Cyclically Adjusted PB Ratio Related Terms

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Nippon Sheet Glass Co (Nippon Sheet Glass Co) Business Description

Traded in Other Exchanges
Address
Sumitomo Fudosan Mita Twin Building West Wing, 5-27, Mita 3-chome, Minato-Ku, Tokyo, JPN, 108-6321
Nippon Sheet Glass Co Ltd manufactures glass and glazing products for many industries. The architectural segment, which accounts for roughly 40% of the company's total revenue, sells flat glass and glazing products to commercial and residential markets and the solar energy sector. The automotive segment, which accounts for roughly half of the company's total revenue, supplies a wide range of automotive glazing to vehicle manufacturers for new vehicles and replacement markets. The technical glass segment sells thin glass and glass fiber products for small displays, lenses, printers, and engine timing belts. Nippon sells its products worldwide, with more than a third of its sales in Europe, roughly a third in Japan and the rest of Asia, and the remaining sales in the Americas.

Nippon Sheet Glass Co (Nippon Sheet Glass Co) Headlines

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