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NCD Co (TSE:4783) Cyclically Adjusted PB Ratio : 6.30 (As of Jun. 03, 2025)


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What is NCD Co Cyclically Adjusted PB Ratio?

As of today (2025-06-03), NCD Co's current share price is 円3105.00. NCD Co's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was 円492.76. NCD Co's Cyclically Adjusted PB Ratio for today is 6.30.

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

TSE:4783' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.52   Med: 2.31   Max: 6.27
Current: 6.27

During the past years, NCD Co's highest Cyclically Adjusted PB Ratio was 6.27. The lowest was 1.52. And the median was 2.31.

TSE:4783's Cyclically Adjusted PB Ratio is ranked worse than
77.51% of 1436 companies
in the Software industry
Industry Median: 2.705 vs TSE:4783: 6.27

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.

NCD Co's adjusted book value per share data for the three months ended in Sep. 2024 was 円860.004. 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492.76 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


NCD Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for NCD 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.

NCD Co Cyclically Adjusted PB Ratio Chart

NCD 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 1.86 1.90 1.80 1.80 3.95

NCD Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 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 2.18 2.20 2.83 3.95 3.61

Competitive Comparison of NCD Co's Cyclically Adjusted PB Ratio

For the Information Technology Services subindustry, NCD 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.


NCD Co's Cyclically Adjusted PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, NCD Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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NCD 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.

NCD Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3105.00/492.76
=6.30

* 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.

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

For example, NCD Co'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)
=860.004/108.9000*108.9000
=860.004

Current CPI (Sep. 2024) = 108.9000.

NCD Co Quarterly Data

Book Value per Share CPI Adj_Book
201409 293.066 98.500 324.009
201412 286.262 97.900 318.426
201503 295.114 97.900 328.273
201506 279.359 98.400 309.169
201509 289.767 98.500 320.362
201512 291.868 98.100 324.000
201603 288.354 97.900 320.753
201606 286.428 98.100 317.961
201609 267.070 98.000 296.775
201612 273.695 98.400 302.900
201703 321.224 98.100 356.588
201706 323.870 98.500 358.065
201709 349.982 98.800 385.760
201712 361.804 99.400 396.383
201803 387.818 99.200 425.740
201806 393.643 99.200 432.134
201809 421.537 99.900 459.513
201812 432.015 99.700 471.880
201903 433.365 99.700 473.355
201906 430.877 99.800 470.165
201909 456.484 100.100 496.614
201912 469.119 100.500 508.329
202003 490.688 100.300 532.761
202006 475.293 99.900 518.112
202009 499.087 99.900 544.050
202012 494.219 99.300 541.998
202103 512.955 99.900 559.167
202106 518.921 99.500 567.945
202109 537.721 100.100 584.993
202112 565.894 100.100 615.643
202203 549.150 101.100 591.518
202206 560.567 101.800 599.664
202209 583.813 103.100 616.656
202212 615.464 104.100 643.843
202303 619.628 104.400 646.336
202306 629.523 105.200 651.664
202309 697.790 106.200 715.530
202312 720.976 106.800 735.152
202403 775.898 107.200 788.202
202409 860.004 108.900 860.004

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.


NCD Co  (TSE:4783) 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.


NCD Co Cyclically Adjusted PB Ratio Related Terms

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


NCD Co Business Description

Industry
Traded in Other Exchanges
N/A
Address
4-32-1 Nishigotanda, Shinagawa-ku, Tokyo, JPN, 141-0031
NCD Co Ltd is engaged in IT related business. The businesses of the company are System development business that includes System Construction Solutions, Packaging Solutions, Application maintenance and operation solutions; Support & Service Business that includes Infrastructure Construction Solutions, Infrastructure maintenance and operation solutions, and Business Support Solutions; and Parking system business (bicycle parking lot related business) that includes Construction, operation and management of bicycle parking lots, Sales and operation of bicycle parking management systems, and Bicycle-related comprehensive consulting.

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