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NSK (NPSKY) Cyclically Adjusted PB Ratio : 0.54 (As of Dec. 12, 2024)


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What is NSK Cyclically Adjusted PB Ratio?

As of today (2024-12-12), NSK's current share price is $8.5075. NSK's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was $15.88. NSK's Cyclically Adjusted PB Ratio for today is 0.54.

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

NPSKY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.59   Med: 1.28   Max: 4.08
Current: 0.61

During the past years, NSK's highest Cyclically Adjusted PB Ratio was 4.08. The lowest was 0.59. And the median was 1.28.

NPSKY's Cyclically Adjusted PB Ratio is ranked better than
78.84% of 893 companies
in the Vehicles & Parts industry
Industry Median: 1.62 vs NPSKY: 0.61

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.

NSK's adjusted book value per share data for the three months ended in Sep. 2024 was $18.394. 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 $15.88 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


NSK Cyclically Adjusted PB Ratio Historical Data

The historical data trend for NSK'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.

NSK Cyclically Adjusted PB Ratio Chart

NSK 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 0.89 1.37 0.81 0.76 0.82

NSK Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 0.81 0.72 0.82 - 0.64

Competitive Comparison of NSK's Cyclically Adjusted PB Ratio

For the Auto Parts subindustry, NSK'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.


NSK's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

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

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



NSK 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.

NSK's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=8.5075/15.88
=0.54

* 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.

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

For example, NSK'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)
=18.394/108.9000*108.9000
=18.394

Current CPI (Sep. 2024) = 108.9000.

NSK Quarterly Data

Book Value per Share CPI Adj_Book
201412 13.328 97.900 14.826
201503 14.167 97.900 15.759
201506 14.375 98.400 15.909
201509 14.292 98.500 15.801
201512 14.650 98.100 16.263
201603 14.869 97.900 16.540
201606 14.121 98.100 15.676
201609 15.197 98.000 16.887
201612 14.778 98.400 16.355
201703 15.465 98.100 17.168
201706 16.277 98.500 17.996
201709 17.286 98.800 19.053
201712 17.786 99.400 19.486
201803 19.167 99.200 21.041
201806 18.683 99.200 20.510
201809 18.899 99.900 20.602
201812 18.205 99.700 19.885
201903 18.862 99.700 20.603
201906 18.944 99.800 20.671
201909 18.915 100.100 20.578
201912 19.078 100.500 20.673
202003 18.335 100.300 19.907
202006 18.071 99.900 19.699
202009 18.645 99.900 20.325
202012 19.697 99.300 21.601
202103 19.906 99.900 21.699
202106 20.170 99.500 22.076
202109 20.458 100.100 22.257
202112 20.294 100.100 22.078
202203 20.318 101.100 21.886
202206 18.347 101.800 19.627
202209 17.114 103.100 18.077
202212 17.286 104.100 18.083
202303 17.969 104.400 18.744
202306 17.993 105.200 18.626
202309 17.658 106.200 18.107
202312 17.630 106.800 17.977
202403 18.029 107.200 18.315
202406 0.000 108.200 0.000
202409 18.394 108.900 18.394

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.


NSK  (OTCPK:NPSKY) 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.


NSK Cyclically Adjusted PB Ratio Related Terms

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


NSK Business Description

Traded in Other Exchanges
Address
Nissei Building, 1-6-3 Ohsaki, Shinagawa-ku, Tokyo, JPN, 141-8560
NSK Ltd is a Japan-based company which manufactures and sells automotive products, precision machinery and mechatronic products. The company has two business segments, the Industrial Machinery business and the Automotive Business. The Industrial machinery bearing business is comprised of three sub-segments the general machinery, electrical and IT equipment and Aftermarket segment. The Automotive business is engaged in production and sales of bearings for car manufacturers and automotive component manufacturers, steering columns and automatic transmission components. Its products include ball bearings, roller bearings, Plummer blocks, electric power steering and super precision bearings.

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