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Nikon SLM Solutions AG (XTER:AM3D) Cyclically Adjusted Book per Share : €4.13 (As of Jun. 2023)


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What is Nikon SLM Solutions AG 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.

Nikon SLM Solutions AG's adjusted book value per share for the three months ended in Jun. 2023 was €2.801. 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 €4.13 for the trailing ten years ended in Jun. 2023.

During the past 12 months, Nikon SLM Solutions AG's average Cyclically Adjusted Book Growth Rate was 8.20% 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.

As of today (2024-05-15), Nikon SLM Solutions AG's current stock price is €18.96. Nikon SLM Solutions AG's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2023 was €4.13. Nikon SLM Solutions AG's Cyclically Adjusted PB Ratio of today is 4.59.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Nikon SLM Solutions AG was 5.17. The lowest was 2.70. And the median was 4.63.


Nikon SLM Solutions AG Cyclically Adjusted Book per Share Historical Data

The historical data trend for Nikon SLM Solutions AG'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.

Nikon SLM Solutions AG Cyclically Adjusted Book per Share Chart

Nikon SLM Solutions AG Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 4.10

Nikon SLM Solutions AG Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 3.81 3.99 4.10 4.15 4.13

Competitive Comparison of Nikon SLM Solutions AG's Cyclically Adjusted Book per Share

For the Specialty Industrial Machinery subindustry, Nikon SLM Solutions AG'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.


Nikon SLM Solutions AG's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

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

* The bar in red indicates where Nikon SLM Solutions AG's Cyclically Adjusted PB Ratio falls into.



Nikon SLM Solutions AG 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, Nikon SLM Solutions AG's adjusted Book Value per Share data for the three months ended in Jun. 2023 was:

Adj_Book= Book Value per Share /CPI of Jun. 2023 (Change)*Current CPI (Jun. 2023)
=2.801/123.1404*123.1404
=2.801

Current CPI (Jun. 2023) = 123.1404.

Nikon SLM Solutions AG Quarterly Data

Book Value per Share CPI Adj_Book
201309 0.000 98.983 0.000
201312 0.817 99.356 1.013
201403 1.210 99.543 1.497
201406 5.310 99.543 6.569
201409 5.312 99.823 6.553
201412 5.397 99.543 6.676
201503 5.363 99.717 6.623
201506 5.246 100.417 6.433
201509 5.264 100.417 6.455
201512 5.506 99.717 6.799
201603 5.390 100.017 6.636
201606 5.343 100.717 6.533
201609 5.169 101.017 6.301
201612 5.295 101.217 6.442
201703 5.082 101.417 6.171
201706 4.975 102.117 5.999
201709 4.861 102.717 5.828
201712 5.180 102.617 6.216
201803 4.981 102.917 5.960
201806 4.804 104.017 5.687
201809 4.689 104.718 5.514
201812 4.398 104.217 5.197
201903 4.268 104.217 5.043
201906 3.145 105.718 3.663
201909 2.908 106.018 3.378
201912 2.251 105.818 2.619
202003 1.912 105.718 2.227
202006 1.592 106.618 1.839
202009 1.260 105.818 1.466
202012 0.797 105.518 0.930
202103 0.539 107.518 0.617
202106 0.266 108.486 0.302
202109 1.473 109.435 1.657
202112 1.439 110.384 1.605
202203 1.121 113.968 1.211
202206 1.221 115.760 1.299
202209 2.817 118.818 2.919
202212 2.496 119.345 2.575
202303 3.032 122.402 3.050
202306 2.801 123.140 2.801

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


Nikon SLM Solutions AG  (XTER:AM3D) 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.

Nikon SLM Solutions AG's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=18.96/4.13
=4.59

* 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 Nikon SLM Solutions AG was 5.17. The lowest was 2.70. And the median was 4.63.


Be Aware

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


Nikon SLM Solutions AG Cyclically Adjusted Book per Share Related Terms

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


Nikon SLM Solutions AG (XTER:AM3D) Business Description

Traded in Other Exchanges
N/A
Address
Estlandring 4, Lubeck, SH, DEU, 23564
Nikon SLM Solutions AG Formerly SLM Solutions Group AG is a developer of industrial metal 3D printing machines focused on metal additive manufacturing and multi-laser technology for the aerospace and defense, automotive, energy, healthcare, tooling, and research markets. The company focuses on the development, production, and sale of machines for selective laser melting. It also focuses on research and development of technology in the manufacturing area, providing customer training sessions, consulting and financing services, machine-related services, the sale of replacement parts and accessories, and also the sale of merchandise. SLM manages its business in two segments namely the Machine Sales segment and the After-sales segment.
Executives
Mr. Sam O’leary Board of Directors
Dirk Ackermann Board of Directors
Dr. Roland Busch Supervisory Board

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