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Nippon Concrete Industries Co (TSE:5269) Cyclically Adjusted PB Ratio : 0.43 (As of Jun. 03, 2025)


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What is Nippon Concrete Industries Co Cyclically Adjusted PB Ratio?

As of today (2025-06-03), Nippon Concrete Industries Co's current share price is 円298.00. Nippon Concrete Industries Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was 円697.57. Nippon Concrete Industries Co's Cyclically Adjusted PB Ratio for today is 0.43.

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

TSE:5269' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.33   Med: 0.5   Max: 0.85
Current: 0.43

During the past years, Nippon Concrete Industries Co's highest Cyclically Adjusted PB Ratio was 0.85. The lowest was 0.33. And the median was 0.50.

TSE:5269's Cyclically Adjusted PB Ratio is ranked better than
81.97% of 305 companies
in the Building Materials industry
Industry Median: 1.08 vs TSE:5269: 0.43

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 Concrete Industries Co's adjusted book value per share data for the three months ended in Dec. 2024 was 円683.145. 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697.57 for the trailing ten years ended in Dec. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nippon Concrete Industries Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Nippon Concrete Industries 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 Concrete Industries Co Cyclically Adjusted PB Ratio Chart

Nippon Concrete Industries Co Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.70 0.47 0.40 0.60 -

Nippon Concrete Industries Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 0.60 - 0.50 0.53 -

Competitive Comparison of Nippon Concrete Industries Co's Cyclically Adjusted PB Ratio

For the Building Materials subindustry, Nippon Concrete Industries 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 Concrete Industries Co's Cyclically Adjusted PB Ratio Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Nippon Concrete Industries Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Nippon Concrete Industries 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 Concrete Industries Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=298.00/697.57
=0.43

* 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 Concrete Industries Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 is calculated as:

For example, Nippon Concrete Industries Co's adjusted Book Value per Share data for the three months ended in Dec. 2024 was:

Adj_Book=Book Value per Share/CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=683.145/110.7000*110.7000
=683.145

Current CPI (Dec. 2024) = 110.7000.

Nippon Concrete Industries Co Quarterly Data

Book Value per Share CPI Adj_Book
201503 556.680 97.900 629.463
201506 572.840 98.400 644.445
201509 574.931 98.500 646.141
201512 586.692 98.100 662.047
201603 598.439 97.900 676.682
201606 575.024 98.100 648.880
201609 584.429 98.000 660.166
201612 587.502 98.400 660.940
201703 602.129 98.100 679.467
201706 617.981 98.500 694.523
201709 627.735 98.800 703.343
201712 636.367 99.400 708.711
201803 626.202 99.200 698.796
201806 641.648 99.200 716.033
201809 645.607 99.900 715.402
201812 632.073 99.700 701.810
201903 654.720 99.700 726.956
201906 644.570 99.800 714.969
201909 640.463 100.100 708.284
201912 640.636 100.500 705.656
202003 632.930 100.300 698.558
202006 651.421 99.900 721.845
202009 655.247 99.900 726.085
202012 662.277 99.300 738.309
202103 665.377 99.900 737.310
202106 650.554 99.500 723.782
202109 660.258 100.100 730.175
202112 653.414 100.100 722.607
202203 653.946 101.100 716.042
202206 650.603 101.800 707.483
202209 656.483 103.100 704.876
202212 643.643 104.100 684.450
202303 643.717 104.400 682.562
202306 667.384 105.200 702.276
202309 686.130 106.200 715.203
202312 673.104 106.800 697.684
202403 690.708 107.200 713.259
202406 0.000 108.200 0.000
202409 685.557 108.900 696.889
202412 683.145 110.700 683.145

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 Concrete Industries Co  (TSE:5269) 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 Concrete Industries Co Cyclically Adjusted PB Ratio Related Terms

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


Nippon Concrete Industries Co Business Description

Traded in Other Exchanges
N/A
Address
4-6-14 Shibaura, NC Shibaura Building, Minatoku, Tokyo, JPN, 108-0023
Nippon Concrete Industries Co Ltd is a Japan-based company operating in the basic material sector. It is engaged in the production, sales, and marketing of various construction and building materials. Products offered by the company include concrete poles, foundations, precast concrete wall, civil engineering products, precast building material and sound absorber materials. Nippon has world-wide operations with a presence in Myanmar, Indonesia, China, and Korea.

Nippon Concrete Industries Co Headlines

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