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Nissui (Nissui) Cyclically Adjusted PB Ratio : 1.50 (As of Apr. 27, 2024)


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What is Nissui Cyclically Adjusted PB Ratio?

As of today (2024-04-27), Nissui's current share price is $42.80. Nissui's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $28.46. Nissui's Cyclically Adjusted PB Ratio for today is 1.50.

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

NISUY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.18   Med: 1.61   Max: 2.97
Current: 1.86

During the past years, Nissui's highest Cyclically Adjusted PB Ratio was 2.97. The lowest was 1.18. And the median was 1.61.

NISUY's Cyclically Adjusted PB Ratio is ranked worse than
64.61% of 1229 companies
in the Consumer Packaged Goods industry
Industry Median: 1.32 vs NISUY: 1.86

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.

Nissui's adjusted book value per share data for the three months ended in Dec. 2023 was $55.212. 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 $28.46 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nissui Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Nissui'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.

Nissui Cyclically Adjusted PB Ratio Chart

Nissui Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.91 1.51 1.53 1.40 1.19

Nissui Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.25 1.19 1.37 1.50 1.50

Competitive Comparison of Nissui's Cyclically Adjusted PB Ratio

For the Packaged Foods subindustry, Nissui'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.


Nissui's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Nissui's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Nissui 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.

Nissui's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=42.80/28.46
=1.50

* 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.

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

For example, Nissui'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)
=55.212/106.8000*106.8000
=55.212

Current CPI (Dec. 2023) = 106.8000.

Nissui Quarterly Data

Book Value per Share CPI Adj_Book
201403 23.453 95.700 26.173
201406 24.570 98.000 26.776
201409 24.971 98.500 27.075
201412 24.977 97.900 27.248
201503 25.639 97.900 27.970
201506 25.633 98.400 27.821
201509 25.952 98.500 28.139
201512 26.964 98.100 29.355
201603 30.425 97.900 33.191
201606 29.128 98.100 31.711
201609 31.068 98.000 33.858
201612 31.372 98.400 34.050
201703 34.395 98.100 37.445
201706 36.124 98.500 39.168
201709 37.754 98.800 40.811
201712 39.730 99.400 42.688
201803 41.691 99.200 44.885
201806 40.899 99.200 44.032
201809 41.509 99.900 44.376
201812 42.893 99.700 45.948
201903 42.312 99.700 45.325
201906 44.233 99.800 47.336
201909 44.801 100.100 47.800
201912 45.580 100.500 48.437
202003 45.717 100.300 48.680
202006 45.764 99.900 48.925
202009 48.315 99.900 51.652
202012 51.031 99.300 54.885
202103 50.096 99.900 53.556
202106 51.485 99.500 55.262
202109 53.590 100.100 57.177
202112 52.552 100.100 56.069
202203 51.428 101.100 54.328
202206 47.626 101.800 49.965
202209 48.135 103.100 49.862
202212 52.237 104.100 53.592
202303 52.124 104.400 53.322
202306 50.970 105.200 51.745
202309 51.910 106.200 52.203
202312 55.212 106.800 55.212

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.


Nissui  (OTCPK:NISUY) 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.


Nissui Cyclically Adjusted PB Ratio Related Terms

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


Nissui (Nissui) Business Description

Traded in Other Exchanges
Address
1-3-1 Nishi-Shimbashi, Nishi-Shimbashi Square, Minato-ku, Tokyo, JPN, 105-8676
Nissui Corp primarily operates in the marine and food product businesses. The company divides its business activities into four segments: the marine products segment, which is engaged in the fishing, processing, and sale of marine products; the food segment, which produces and sells processed food products; the fine segment, which consists of the manufacture and sale of generic pharmaceuticals and health food; and the logistics segment, which is engaged in the cold storage of marine products and cargo transportation. The company also provides construction and repair of ships, marine transportation, and engineering services, and it operates in cosmetics business through its subsidiary.

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