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NSD Co (TSE:9759) Cyclically Adjusted PB Ratio : 4.90 (As of May. 17, 2024)


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What is NSD Co Cyclically Adjusted PB Ratio?

As of today (2024-05-17), NSD Co's current share price is 円2884.00. NSD Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円588.94. NSD Co's Cyclically Adjusted PB Ratio for today is 4.90.

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

TSE:9759' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.16   Med: 3.91   Max: 5.2
Current: 5.03

During the past years, NSD Co's highest Cyclically Adjusted PB Ratio was 5.20. The lowest was 2.16. And the median was 3.91.

TSE:9759's Cyclically Adjusted PB Ratio is ranked worse than
74.55% of 1340 companies
in the Software industry
Industry Median: 2.61 vs TSE:9759: 5.03

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.

NSD Co's adjusted book value per share data for the three months ended in Dec. 2023 was 円755.037. 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588.94 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


NSD Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for NSD 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.

NSD Co Cyclically Adjusted PB Ratio Chart

NSD 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 2.96 3.70 4.19 4.26 -

NSD Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 4.26 5.08 4.89 4.60 -

Competitive Comparison of NSD Co's Cyclically Adjusted PB Ratio

For the Software - Application subindustry, NSD 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.


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

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

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



NSD 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2884.00/588.94
=4.90

* 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.

NSD Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, NSD Co's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=755.037/106.8000*106.8000
=755.037

Current CPI (Dec. 2023) = 106.8000.

NSD Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 467.341 95.700 521.547
201406 457.613 98.000 498.705
201409 469.071 98.500 508.597
201412 460.009 97.900 501.828
201503 473.172 97.900 516.188
201506 448.677 98.400 486.979
201509 457.562 98.500 496.118
201512 465.210 98.100 506.467
201603 471.166 97.900 513.999
201606 449.738 98.100 489.623
201609 462.947 98.000 504.518
201612 478.700 98.400 519.565
201703 505.337 98.100 550.153
201706 491.907 98.500 533.357
201709 503.282 98.800 544.034
201712 522.673 99.400 561.584
201803 537.085 99.200 578.233
201806 518.269 99.200 557.975
201809 535.990 99.900 573.010
201812 551.563 99.700 590.842
201903 566.360 99.700 606.693
201906 526.828 99.800 563.780
201909 548.625 100.100 585.346
201912 558.831 100.500 593.862
202003 557.459 100.300 593.585
202006 544.520 99.900 582.129
202009 564.646 99.900 603.646
202012 583.274 99.300 627.328
202103 613.713 99.900 656.102
202106 585.387 99.500 628.335
202109 610.583 100.100 651.451
202112 638.522 100.100 681.260
202203 657.567 101.100 694.641
202206 630.677 101.800 661.653
202209 656.256 103.100 679.807
202212 676.096 104.100 693.632
202303 711.727 104.400 728.089
202306 679.390 105.200 689.723
202309 724.042 106.200 728.133
202312 755.037 106.800 755.037

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.


NSD Co  (TSE:9759) 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.


NSD Co Cyclically Adjusted PB Ratio Related Terms

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


NSD Co (TSE:9759) Business Description

Industry
Traded in Other Exchanges
N/A
Address
2-101, Kanda-Awajicho, Chiyoda-ku, Tokyo, JPN, 101-0063
NSD Co Ltd is a Japan-based software company. It is engaged in the development of software, as well as the operation and management of computer labs and the provision of information processing services. The company's major service includes System Analysis and Design, Customized Development of Software Programs Administration of Facilities Management, Sales of Packaged Software and Solutions. NSD provides the IT systems support that is essential to its customers' development and growth. The company is active across such wide-ranging fields as financing, manufacturing, telecommunications, distribution and the public sector.

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