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Nissan Motor Co (TSE:7201) Cyclically Adjusted Book per Share : 円1,279.80 (As of Dec. 2023)


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What is Nissan Motor Co 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.

Nissan Motor Co's adjusted book value per share for the three months ended in Dec. 2023 was 円1,412.700. 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1,279.80 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Nissan Motor Co's average Cyclically Adjusted Book Growth Rate was 5.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 4.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 4.70% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 5.30% 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 Nissan Motor Co was 10.40% per year. The lowest was 0.30% per year. And the median was 5.15% per year.

As of today (2024-04-28), Nissan Motor Co's current stock price is 円549.00. Nissan Motor Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円1,279.80. Nissan Motor Co's Cyclically Adjusted PB Ratio of today is 0.43.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Nissan Motor Co was 1.63. The lowest was 0.29. And the median was 1.02.


Nissan Motor Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Nissan Motor Co'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.

Nissan Motor Co Cyclically Adjusted Book per Share Chart

Nissan Motor Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,017.82 1,078.71 1,098.17 1,145.23 1,224.71

Nissan Motor Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1,213.13 1,224.71 1,243.40 1,265.46 1,279.80

Competitive Comparison of Nissan Motor Co's Cyclically Adjusted Book per Share

For the Auto Manufacturers subindustry, Nissan Motor 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 Motor Co's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Nissan Motor Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Nissan Motor Co 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, Nissan Motor 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)
=1412.7/106.8000*106.8000
=1,412.700

Current CPI (Dec. 2023) = 106.8000.

Nissan Motor Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 1,035.634 95.700 1,155.755
201406 1,022.217 98.000 1,114.008
201409 1,074.667 98.500 1,165.223
201412 1,123.585 97.900 1,225.729
201503 1,153.377 97.900 1,258.229
201506 1,176.321 98.400 1,276.739
201509 1,176.039 98.500 1,275.137
201512 1,176.800 98.100 1,281.165
201603 1,132.726 97.900 1,235.701
201606 1,079.497 98.100 1,175.232
201609 1,068.043 98.000 1,163.949
201612 1,150.097 98.400 1,248.276
201703 1,243.002 98.100 1,353.238
201706 1,249.418 98.500 1,354.699
201709 1,300.571 98.800 1,405.880
201712 1,357.977 99.400 1,459.074
201803 1,380.383 99.200 1,486.138
201806 1,356.263 99.200 1,460.170
201809 1,400.774 99.900 1,497.524
201812 1,365.209 99.700 1,462.431
201903 1,355.178 99.700 1,451.685
201906 1,311.213 99.800 1,403.182
201909 1,302.220 100.100 1,389.382
201912 1,290.973 100.500 1,371.900
202003 1,038.953 100.300 1,106.283
202006 947.513 99.900 1,012.957
202009 931.011 99.900 995.315
202012 939.128 99.300 1,010.059
202103 1,007.801 99.900 1,077.409
202106 1,044.983 99.500 1,121.650
202109 1,062.895 100.100 1,134.038
202112 1,091.317 100.100 1,164.362
202203 1,170.174 101.100 1,236.148
202206 1,251.365 101.800 1,312.827
202209 1,305.063 103.100 1,351.898
202212 1,295.694 104.100 1,329.300
202303 1,310.812 104.400 1,340.946
202306 1,402.057 105.200 1,423.381
202309 1,483.891 106.200 1,492.275
202312 1,412.700 106.800 1,412.700

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


Nissan Motor Co  (TSE:7201) 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.

Nissan Motor Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=549.00/1279.8
=0.43

* 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 Nissan Motor Co was 1.63. The lowest was 0.29. And the median was 1.02.


Be Aware

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


Nissan Motor Co Cyclically Adjusted Book per Share Related Terms

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


Nissan Motor Co (TSE:7201) Business Description

Traded in Other Exchanges
Address
1-1, Takashima 1-chome, Nishi-ku, Yokohama-shi, Kanagawa, JPN, 220-8686
While Nissan sold 3.3 million vehicles last fiscal year, total calendar 2022 Renault-Nissan-Mitsubishi alliance sales volume of 6.5 million vehicles makes the group the fourth-largest vehicle seller in the world, behind Toyota at 10.3 million, Volkswagen at 8.5 million, and Hyundai/Kia with 6.8 million vehicles sold. Nissan's financial services subsidiary provides consumers with auto loans and leases but also finances Nissan's sales to its dealerships (known as floor-plan financing). Nissan is 43.4% owned by Renault, while Nissan in turn owns 15% of Renault. Nissan also owns a 34% stake in Mitsubishi Motors. Under a new alliance agreement expected to be completed before the end of December 2023, Nissan and Renault will have cross-shareholding capped at 15% voting rights for each company.

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