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Nordson (Nordson) Cyclically Adjusted Book per Share : $30.25 (As of Jan. 2024)


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What is Nordson Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

Nordson's adjusted book value per share for the three months ended in Jan. 2024 was $47.628. 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 $30.25 for the trailing ten years ended in Jan. 2024.

During the past 12 months, Nordson's average Cyclically Adjusted Book Growth Rate was 13.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 18.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 17.30% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 13.50% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Nordson was 18.50% per year. The lowest was 5.60% per year. And the median was 8.40% per year.

As of today (2024-04-27), Nordson's current stock price is $260.40. Nordson's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 was $30.25. Nordson's Cyclically Adjusted PB Ratio of today is 8.61.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Nordson was 12.65. The lowest was 5.55. And the median was 9.19.


Nordson Cyclically Adjusted Book per Share Historical Data

The historical data trend for Nordson's Cyclically Adjusted Book per Share 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.

Nordson Cyclically Adjusted Book per Share Chart

Nordson Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.55 17.93 21.50 25.90 29.61

Nordson Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Cyclically Adjusted Book per Share 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 26.70 27.80 28.74 29.61 30.25

Competitive Comparison of Nordson's Cyclically Adjusted Book per Share

For the Specialty Industrial Machinery subindustry, Nordson'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.


Nordson's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Nordson's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Nordson Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Nordson's adjusted Book Value per Share data for the three months ended in Jan. 2024 was:

Adj_Book= Book Value per Share /CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=47.628/129.4194*129.4194
=47.628

Current CPI (Jan. 2024) = 129.4194.

Nordson Quarterly Data

Book Value per Share CPI Adj_Book
201404 14.501 100.023 18.763
201407 15.195 100.520 19.564
201410 14.492 100.176 18.723
201501 13.606 98.604 17.858
201504 13.451 99.824 17.439
201507 13.614 100.691 17.498
201510 11.507 100.346 14.841
201601 11.407 99.957 14.769
201604 12.913 100.947 16.555
201607 14.194 101.524 18.094
201610 14.860 101.988 18.857
201701 15.533 102.456 19.621
201704 16.696 103.167 20.944
201707 18.797 103.278 23.555
201710 20.021 104.070 24.898
201801 22.340 104.578 27.647
201804 23.461 105.708 28.724
201807 24.470 106.324 29.785
201810 24.997 106.695 30.321
201901 24.449 106.200 29.794
201904 25.611 107.818 30.742
201907 26.908 108.250 32.170
201910 27.449 108.577 32.718
202001 28.252 108.841 33.594
202004 28.706 108.173 34.344
202007 30.498 109.318 36.106
202010 30.285 109.861 35.677
202101 31.973 110.364 37.493
202104 33.552 112.673 38.539
202107 35.502 115.183 39.890
202110 37.128 116.696 41.176
202201 37.720 118.619 41.154
202204 38.090 121.978 40.414
202207 38.438 125.002 39.796
202210 40.174 125.734 41.351
202301 42.729 126.223 43.811
202304 43.814 127.992 44.303
202307 45.248 128.974 45.404
202310 45.574 129.810 45.437
202401 47.628 129.419 47.628

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Nordson  (NAS:NDSN) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

Nordson's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=260.40/30.25
=8.61

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Nordson was 12.65. The lowest was 5.55. And the median was 9.19.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Nordson Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Nordson's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Nordson (Nordson) Business Description

Industry
Traded in Other Exchanges
Address
28601 Clemens Road, Westlake, OH, USA, 44145
Nordson is a manufacturer of equipment (including pumps, valves, dispensers, applicators, filters, and pelletizers, among other equipment) used for dispensing adhesives, coatings, sealants, and other materials. The firm serves a diverse range of end markets including packaging, medical, electronics, and industrial. Nordson's business is organized into three segments: industrial precision solutions, medical and fluid solutions, and advanced technology solutions. The company generated approximately $2.6 billion in revenue in its fiscal 2023.
Executives
Srinivas Subramanian officer: Executive Vice President 28601 CLEMENS ROAD, WESTLAKE OH 44145
Stephen Lovass officer: Executive Vice President C/O NORDSON CORPORATION, 28601 CLEMENS ROAD, WESTLAKE X1 44145
Joseph P Kelley officer: EVP and CFO 6070 PARKLAND BLVD., MAYFIELD HEIGHTS OH 44124
Stephen F Shamrock officer: Interim CFO 28601 CLEMENS ROAD, WESTLAKE OH 44145
Mary G Puma director AXCELIS TECHNOLOGIES INC., 108 CHERRY HILL DRIVE, BEVERLY MA 01915
Jeffrey A Pembroke officer: Executive Vice President C/O NORDSON CORPORATION, 28601 CLEMENS ROAD, WESTLAKE OH 44145
Sarah Siddiqui officer: EVP, CHRO C/O NORDSON CORPORATION, 28601 CLEMENS ROAD, WESTLAKE OH 44145
Shelly Peet officer: Executive Vice President 28601 CLEMENS ROAD, WESTLAKE OH 44145
Sundaram Nagarajan director, officer: President and CEO 28601 CLEMENS ROAD, WESTLAKE OH 44145
Jennifer L Mcdonough officer: EVP, GC, and Secretary C/O NORDSON CORPORATION, 28601 CLEMENS ROAD, WESTLAKE OH 44145
Michael J Merriman director C/O RC2 CORPORATION, 1111 WEST 22ND STREET, SUITE 320, OAK BROOK IL 60523
Richey Victor L Jr director C/O ESCO TECHNOLOGIES, 9900 A CLAYTON ROAD, ST. LOUIS MO 63124
Frank M Jaehnert director C/O ITRON, INC., 2111 N MOLTER ROAD, LIBERTY LAKE WA 99019
Ginger M Jones director 55 JEWELERS PARK DRIVE, NEENAH WI 54956
Jennifer A Parmentier director 6035 PARKLAND BLVD, CLEVELAND OH 44124

Nordson (Nordson) Headlines

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