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NTT DOCOMO (TSE:9437) Cyclically Adjusted PB Ratio : (As of May. 24, 2024)


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What is NTT DOCOMO Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


NTT DOCOMO Cyclically Adjusted PB Ratio Historical Data

The historical data trend for NTT DOCOMO'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.

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NTT DOCOMO Cyclically Adjusted PB Ratio Chart

NTT DOCOMO Annual Data
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Cyclically Adjusted PB Ratio
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NTT DOCOMO Quarterly Data
Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20
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Competitive Comparison of NTT DOCOMO's Cyclically Adjusted PB Ratio

For the Telecom Services subindustry, NTT DOCOMO'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.


NTT DOCOMO's Cyclically Adjusted PB Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, NTT DOCOMO's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



NTT DOCOMO 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.

NTT DOCOMO's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2020 is calculated as:

For example, NTT DOCOMO's adjusted Book Value per Share data for the three months ended in Sep. 2020 was:

Adj_Book=Book Value per Share/CPI of Sep. 2020 (Change)*Current CPI (Sep. 2020)
=1703.503/99.9000*99.9000
=1,703.503

Current CPI (Sep. 2020) = 99.9000.

NTT DOCOMO Quarterly Data

Book Value per Share CPI Adj_Book
201012 1,163.400 94.500 1,229.880
201103 1,169.693 94.600 1,235.225
201106 1,183.678 94.600 1,249.994
201109 1,213.067 94.700 1,279.677
201112 1,203.475 94.300 1,274.943
201203 1,220.839 95.100 1,282.459
201206 1,237.297 94.400 1,309.385
201209 1,264.582 94.400 1,338.260
201212 1,276.769 94.100 1,355.465
201303 1,294.619 94.200 1,372.956
201306 1,309.287 94.600 1,382.640
201309 1,344.269 95.400 1,407.678
201312 1,348.053 95.600 1,408.687
201403 1,360.910 95.700 1,420.636
201406 1,363.155 98.000 1,389.584
201409 1,379.070 98.500 1,398.671
201412 1,381.191 97.900 1,409.407
201503 1,386.088 97.900 1,414.404
201506 1,393.263 98.400 1,414.502
201509 1,430.638 98.500 1,450.972
201512 1,439.678 98.100 1,466.094
201603 1,409.940 97.900 1,438.744
201606 1,417.609 98.100 1,443.620
201609 1,458.994 98.000 1,487.281
201612 1,466.005 98.400 1,488.353
201703 1,482.130 98.100 1,509.325
201706 1,504.718 98.500 1,526.105
201709 1,554.909 98.800 1,572.221
201712 1,590.217 99.400 1,598.216
201803 1,576.628 99.200 1,587.753
201806 1,591.361 99.200 1,602.590
201809 1,643.133 99.900 1,643.133
201812 1,475.598 99.700 1,478.558
201903 1,610.639 99.700 1,613.870
201906 1,608.132 99.800 1,609.743
201909 1,654.568 100.100 1,651.262
201912 1,641.679 100.500 1,631.878
202003 1,626.054 100.300 1,619.569
202006 1,633.873 99.900 1,633.873
202009 1,703.503 99.900 1,703.503

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.


NTT DOCOMO  (TSE:9437) 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.


NTT DOCOMO Cyclically Adjusted PB Ratio Related Terms

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


NTT DOCOMO (TSE:9437) Business Description

Traded in Other Exchanges
N/A
Address
Sanno Park Tower, 11-1, Nagata-cho 2-chome, Chiyoda-ku, Tokyo, JPN, 100-6150
NTT DoCoMo is Japan's largest wireless telephone operator. It has 78 million subscribers, leading to its market share of approximately 44%. The firm has been a technological leader, introducing wireless Internet access through its i-mode service in 1999, along with the ability to use a handset like a credit card. NTT DoCoMo also owns minority stakes in Philippine Long Distance Telephone, Hutchison Telecom Hong Kong Holdings, and other smaller phone companies. The firm's objective is to have the highest-quality network and customer service in Japan.

NTT DOCOMO (TSE:9437) Headlines

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