GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Nissui Corp (TSE:1332) » Definitions » Cyclically Adjusted PB Ratio

Nissui (TSE:1332) Cyclically Adjusted PB Ratio : 1.81 (As of Sep. 25, 2024)


View and export this data going back to 1949. Start your Free Trial

What is Nissui Cyclically Adjusted PB Ratio?

As of today (2024-09-25), Nissui's current share price is 円943.50. Nissui's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was 円519.98. Nissui's Cyclically Adjusted PB Ratio for today is 1.81.

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

TSE:1332' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.18   Med: 1.64   Max: 2.97
Current: 1.77

During the past years, Nissui's highest Cyclically Adjusted PB Ratio was 2.97. The lowest was 1.18. And the median was 1.64.

TSE:1332's Cyclically Adjusted PB Ratio is ranked worse than
61.25% of 1169 companies
in the Consumer Packaged Goods industry
Industry Median: 1.32 vs TSE:1332: 1.77

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.

Nissui's adjusted book value per share data for the three months ended in Mar. 2024 was 円801.699. 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 円519.98 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nissui Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Nissui'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.

Nissui Cyclically Adjusted PB Ratio Chart

Nissui 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 1.51 1.53 1.40 1.19 1.87

Nissui Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 1.37 1.50 1.50 1.87 -

Competitive Comparison of Nissui's Cyclically Adjusted PB Ratio

For the Packaged Foods subindustry, Nissui'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.


Nissui's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Nissui's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Nissui 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=943.50/519.98
=1.81

* 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.

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

For example, Nissui'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)
=801.699/107.2000*107.2000
=801.699

Current CPI (Mar. 2024) = 107.2000.

Nissui Quarterly Data

Book Value per Share CPI Adj_Book
201406 250.770 98.000 274.312
201409 268.256 98.500 291.950
201412 298.034 97.900 326.346
201503 308.685 97.900 338.008
201506 317.126 98.400 345.487
201509 311.809 98.500 339.349
201512 327.974 98.100 358.398
201603 343.598 97.900 376.238
201606 306.861 98.100 335.326
201609 316.227 98.000 345.914
201612 363.915 98.400 396.460
201703 388.372 98.100 424.398
201706 400.661 98.500 436.049
201709 418.229 98.800 453.787
201712 448.718 99.400 483.929
201803 442.123 99.200 477.778
201806 450.146 99.200 486.448
201809 465.309 99.900 499.311
201812 481.256 99.700 517.459
201903 470.274 99.700 505.651
201906 478.020 99.800 513.464
201909 481.790 100.100 515.963
201912 497.281 100.500 530.433
202003 492.224 100.300 526.086
202006 492.320 99.900 528.295
202009 510.148 99.900 547.426
202012 529.673 99.300 571.812
202103 544.544 99.900 584.336
202106 566.891 99.500 610.761
202109 590.350 100.100 632.223
202112 598.212 100.100 640.643
202203 609.817 101.100 646.611
202206 638.005 101.800 671.848
202209 689.695 103.100 717.122
202212 704.748 104.100 725.735
202303 696.716 104.400 715.402
202306 720.508 105.200 734.206
202309 767.464 106.200 774.691
202312 794.956 106.800 797.933
202403 801.699 107.200 801.699

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.


Nissui  (TSE:1332) 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.


Nissui Cyclically Adjusted PB Ratio Related Terms

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


Nissui Business Description

Traded in Other Exchanges
Address
1-3-1 Nishi-Shimbashi, Nishi-Shimbashi Square, Minato-ku, Tokyo, JPN, 105-8676
Nissui Corp primarily operates in the marine and food product businesses. The company divides its business activities into four segments: the marine products segment, which is engaged in the fishing, processing, and sale of marine products; the food segment, which produces and sells processed food products; the fine segment, which consists of the manufacture and sale of generic pharmaceuticals and health food; and the logistics segment, which is engaged in the cold storage of marine products and cargo transportation. The company also provides construction and repair of ships, marine transportation, and engineering services, and it operates in cosmetics business through its subsidiary.

Nissui Headlines

No Headlines