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Nipponnso Holdings (TSE:4091) Cyclically Adjusted PB Ratio : 4.08 (As of Apr. 30, 2024)


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What is Nipponnso Holdings Cyclically Adjusted PB Ratio?

As of today (2024-04-30), Nipponnso Holdings's current share price is 円4547.00. Nipponnso Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円1,115.24. Nipponnso Holdings's Cyclically Adjusted PB Ratio for today is 4.08.

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

TSE:4091' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.64   Med: 2.74   Max: 4.48
Current: 4.08

During the past years, Nipponnso Holdings's highest Cyclically Adjusted PB Ratio was 4.48. The lowest was 1.64. And the median was 2.74.

TSE:4091's Cyclically Adjusted PB Ratio is ranked worse than
81.35% of 1051 companies
in the Chemicals industry
Industry Median: 1.57 vs TSE:4091: 4.08

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.

Nipponnso Holdings's adjusted book value per share data for the three months ended in Dec. 2023 was 円1,938.167. 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1,115.24 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nipponnso Holdings Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Nipponnso 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.

Nipponnso Holdings Cyclically Adjusted PB Ratio Chart

Nipponnso Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.49 2.22 2.73 2.71 2.39

Nipponnso Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.98 2.39 3.00 3.29 3.39

Competitive Comparison of Nipponnso Holdings's Cyclically Adjusted PB Ratio

For the Chemicals subindustry, Nipponnso 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.


Nipponnso Holdings's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Nipponnso Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Nipponnso 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4547.00/1115.24
=4.08

* 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.

Nipponnso Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Nipponnso 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)
=1938.167/106.8000*106.8000
=1,938.167

Current CPI (Dec. 2023) = 106.8000.

Nipponnso Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201403 633.689 95.700 707.189
201406 632.437 98.000 689.227
201409 642.505 98.500 696.645
201412 682.750 97.900 744.818
201503 741.810 97.900 809.247
201506 746.185 98.400 809.884
201509 745.568 98.500 808.393
201512 746.501 98.100 812.704
201603 740.479 97.900 807.795
201606 704.887 98.100 767.400
201609 717.060 98.000 781.449
201612 792.296 98.400 859.931
201703 812.395 98.100 884.442
201706 820.720 98.500 889.877
201709 857.971 98.800 927.442
201712 908.463 99.400 976.095
201803 893.003 99.200 961.419
201806 919.136 99.200 989.554
201809 962.395 99.900 1,028.867
201812 916.229 99.700 981.477
201903 939.560 99.700 1,006.469
201906 920.406 99.800 984.964
201909 914.708 100.100 975.932
201912 986.089 100.500 1,047.904
202003 945.905 100.300 1,007.205
202006 971.305 99.900 1,038.392
202009 1,017.888 99.900 1,088.193
202012 1,066.440 99.300 1,146.987
202103 1,185.818 99.900 1,267.721
202106 1,216.233 99.500 1,305.464
202109 1,259.154 100.100 1,343.433
202112 1,318.178 100.100 1,406.408
202203 1,452.838 101.100 1,534.749
202206 1,575.389 101.800 1,652.766
202209 1,641.827 103.100 1,700.748
202212 1,589.152 104.100 1,630.369
202303 1,673.318 104.400 1,711.785
202306 1,878.347 105.200 1,906.915
202309 1,970.034 106.200 1,981.164
202312 1,938.167 106.800 1,938.167

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.


Nipponnso Holdings  (TSE:4091) 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.


Nipponnso Holdings Cyclically Adjusted PB Ratio Related Terms

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Nipponnso Holdings (TSE:4091) Business Description

Traded in Other Exchanges
Address
Toyo Building 1-3-26, Koyama, Shinagawa-ku, Tokyo, JPN, 142-8558
Nippon Sanso Holdings Group is the leading industrial gases manufacturer in Japan. The company's three main business domains are the industrial gases business, the electronics business, and the Thermos business. The company has a global presence with a majority of its revenue coming from the gas business in Japan. The industrial gases operation supplies the steelmaking, chemical, and automotive industries and provides medical products. The industrial gases domain dramatically expanded following the Praxair, Inc. acquisition that added a new business vertical. The electronics business has a supply chain in east Asia and is a hub for major semiconductor manufacturers.

Nipponnso Holdings (TSE:4091) Headlines

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