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Nichicon (TSE:6996) Cyclically Adjusted PB Ratio : 0.77 (As of Jun. 02, 2025)


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What is Nichicon Cyclically Adjusted PB Ratio?

As of today (2025-06-02), Nichicon's current share price is 円1162.00. Nichicon's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was 円1,510.01. Nichicon's Cyclically Adjusted PB Ratio for today is 0.77.

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

TSE:6996' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.41   Med: 0.86   Max: 1.12
Current: 0.79

During the past years, Nichicon's highest Cyclically Adjusted PB Ratio was 1.12. The lowest was 0.41. And the median was 0.86.

TSE:6996's Cyclically Adjusted PB Ratio is ranked better than
74.58% of 1924 companies
in the Hardware industry
Industry Median: 1.66 vs TSE:6996: 0.79

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.

Nichicon's adjusted book value per share data for the three months ended in Mar. 2025 was 円1,644.322. 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1,510.01 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nichicon Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Nichicon'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.

Nichicon Cyclically Adjusted PB Ratio Chart

Nichicon 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 0.84 0.87 0.98 0.89 0.81

Nichicon 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 0.89 0.82 0.64 0.73 0.81

Competitive Comparison of Nichicon's Cyclically Adjusted PB Ratio

For the Electronic Components subindustry, Nichicon'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.


Nichicon's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

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


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Nichicon 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1162.00/1510.01
=0.77

* 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.

Nichicon's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Nichicon's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=1644.322/111.1000*111.1000
=1,644.322

Current CPI (Mar. 2025) = 111.1000.

Nichicon Quarterly Data

Book Value per Share CPI Adj_Book
201506 1,488.755 98.400 1,680.901
201509 1,473.967 98.500 1,662.515
201512 1,422.415 98.100 1,610.910
201603 1,390.767 97.900 1,578.286
201606 1,351.580 98.100 1,530.688
201609 1,354.064 98.000 1,535.066
201612 1,414.044 98.400 1,596.548
201703 1,436.129 98.100 1,626.442
201706 1,398.578 98.500 1,577.482
201709 1,457.180 98.800 1,638.590
201712 1,503.504 99.400 1,680.476
201803 1,345.530 99.200 1,506.939
201806 1,345.185 99.200 1,506.553
201809 1,338.694 99.900 1,488.778
201812 1,135.630 99.700 1,265.481
201903 1,136.980 99.700 1,266.986
201906 1,136.908 99.800 1,265.636
201909 1,150.363 100.100 1,276.777
201912 1,164.983 100.500 1,287.857
202003 1,104.839 100.300 1,223.805
202006 1,128.926 99.900 1,255.492
202009 1,172.511 99.900 1,303.964
202012 1,224.075 99.300 1,369.534
202103 1,274.295 99.900 1,417.159
202106 1,267.323 99.500 1,415.071
202109 1,291.016 100.100 1,432.886
202112 1,336.895 100.100 1,483.807
202203 1,350.726 101.100 1,484.329
202206 1,411.880 101.800 1,540.863
202209 1,410.141 103.100 1,519.560
202212 1,424.377 104.100 1,520.156
202303 1,444.626 104.400 1,537.337
202306 1,537.352 105.200 1,623.572
202309 1,590.827 106.200 1,664.227
202312 1,555.806 106.800 1,618.446
202403 1,620.960 107.200 1,679.931
202406 1,675.831 108.200 1,720.747
202409 1,644.844 108.900 1,678.073
202412 1,678.053 110.700 1,684.116
202503 1,644.322 111.100 1,644.322

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.


Nichicon  (TSE:6996) 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.


Nichicon Cyclically Adjusted PB Ratio Related Terms

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


Nichicon Business Description

Industry
Traded in Other Exchanges
N/A
Address
Karasumadori Oike-agaru, Nakagyo-ku, Kyoto, JPN, 604-0845
Nichicon Corp is a Japanese technological company. The company's product lines are aluminum electrolytic capacitors, plastic film capacitors, vehicle-to-home systems, household power storage systems, power sources for medical accelerators, power sources for academic study accelerators, chargers, power storage systems for public and industrial use, switching power supplies, function modules, voltage sag compensators, and long-life voltage sag compensators. Its key business regions are Japan, Asia, the U.S., and Europe.

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