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Nissan Securities Group Co (TSE:8705) Cyclically Adjusted PB Ratio : 0.50 (As of May. 24, 2025)


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What is Nissan Securities Group Co Cyclically Adjusted PB Ratio?

As of today (2025-05-24), Nissan Securities Group Co's current share price is 円171.00. Nissan Securities Group Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was 円341.37. Nissan Securities Group Co's Cyclically Adjusted PB Ratio for today is 0.50.

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

TSE:8705' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.25   Med: 0.42   Max: 0.84
Current: 0.51

During the past years, Nissan Securities Group Co's highest Cyclically Adjusted PB Ratio was 0.84. The lowest was 0.25. And the median was 0.42.

TSE:8705's Cyclically Adjusted PB Ratio is ranked better than
79.83% of 471 companies
in the Capital Markets industry
Industry Median: 1.2 vs TSE:8705: 0.51

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.

Nissan Securities Group Co's adjusted book value per share data for the three months ended in Dec. 2024 was 円244.169. 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341.37 for the trailing ten years ended in Dec. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nissan Securities Group Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Nissan Securities Group 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.

Nissan Securities Group Co Cyclically Adjusted PB Ratio Chart

Nissan Securities Group 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 0.48 0.39 0.45 0.77 -

Nissan Securities Group 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 0.77 0.57 0.54 0.54 -

Competitive Comparison of Nissan Securities Group Co's Cyclically Adjusted PB Ratio

For the Capital Markets subindustry, Nissan Securities Group 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.


Nissan Securities Group Co's Cyclically Adjusted PB Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Nissan Securities Group Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Nissan Securities Group 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.

Nissan Securities Group Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=171.00/341.37
=0.50

* 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.

Nissan Securities Group Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 is calculated as:

For example, Nissan Securities Group 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)
=244.169/110.7000*110.7000
=244.169

Current CPI (Dec. 2024) = 110.7000.

Nissan Securities Group Co Quarterly Data

Book Value per Share CPI Adj_Book
201503 487.789 97.900 551.565
201506 435.400 98.400 489.825
201509 408.980 98.500 459.635
201512 468.551 98.100 528.732
201603 462.615 97.900 523.100
201606 447.719 98.100 505.224
201609 417.685 98.000 471.814
201612 378.407 98.400 425.708
201703 365.870 98.100 412.862
201706 372.785 98.500 418.957
201709 362.558 98.800 406.226
201712 368.223 99.400 410.083
201803 343.642 99.200 383.480
201806 342.065 99.200 381.720
201809 340.476 99.900 377.284
201812 327.903 99.700 364.081
201903 324.500 99.700 360.302
201906 311.957 99.800 346.028
201909 321.162 100.100 355.171
201912 308.628 100.500 339.951
202003 306.826 100.300 338.640
202006 303.216 99.900 335.996
202009 310.386 99.900 343.941
202012 234.455 99.300 261.371
202103 233.249 99.900 258.465
202106 221.248 99.500 246.152
202109 222.651 100.100 246.228
202112 219.956 100.100 243.248
202203 220.903 101.100 241.879
202206 211.392 101.800 229.873
202209 210.260 103.100 225.759
202212 206.222 104.100 219.297
202303 215.741 104.400 228.760
202306 221.324 105.200 232.895
202309 226.703 106.200 236.309
202312 234.862 106.800 243.438
202403 252.229 107.200 260.464
202406 244.296 108.200 249.941
202409 252.152 108.900 256.320
202412 244.169 110.700 244.169

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.


Nissan Securities Group Co  (TSE:8705) 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.


Nissan Securities Group Co Cyclically Adjusted PB Ratio Related Terms

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


Nissan Securities Group Co Business Description

Traded in Other Exchanges
N/A
Address
1-38-11 Nihonbashi Kakigaracho, Chuo-ku, Tokyo, JPN
Nissan Securities Group Co Ltd through its subsidiaries provides commodity futures trading and commodity trading brokerage services in Japan.

Nissan Securities Group Co Headlines

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