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Nano Dimension (Nano Dimension) Cyclically Adjusted PB Ratio : 0.26 (As of May. 16, 2024)


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What is Nano Dimension Cyclically Adjusted PB Ratio?

As of today (2024-05-16), Nano Dimension's current share price is $2.67. Nano Dimension's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $10.19. Nano Dimension's Cyclically Adjusted PB Ratio for today is 0.26.

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

NNDM' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.22   Med: 0.25   Max: 0.29
Current: 0.25

During the past years, Nano Dimension's highest Cyclically Adjusted PB Ratio was 0.29. The lowest was 0.22. And the median was 0.25.

NNDM's Cyclically Adjusted PB Ratio is ranked better than
94.42% of 1864 companies
in the Hardware industry
Industry Median: 1.645 vs NNDM: 0.25

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.

Nano Dimension's adjusted book value per share data for the three months ended in Dec. 2023 was $4.912. 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 $10.19 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nano Dimension Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Nano Dimension'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.

Nano Dimension Cyclically Adjusted PB Ratio Chart

Nano Dimension Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 0.24

Nano Dimension 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 - - - - 0.24

Competitive Comparison of Nano Dimension's Cyclically Adjusted PB Ratio

For the Computer Hardware subindustry, Nano Dimension'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.


Nano Dimension's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Nano Dimension's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Nano Dimension 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.

Nano Dimension's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.67/10.19
=0.26

* 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.

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

For example, Nano Dimension'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)
=4.912/129.4194*129.4194
=4.912

Current CPI (Dec. 2023) = 129.4194.

Nano Dimension Quarterly Data

Book Value per Share CPI Adj_Book
201212 0.000 96.871 0.000
201312 -0.730 98.326 -0.961
201409 0.000 100.428 0.000
201412 0.009 99.070 0.012
201503 0.000 99.621 0.000
201506 0.000 100.684 0.000
201509 15.350 100.392 19.788
201512 17.815 99.792 23.104
201603 16.470 100.470 21.216
201606 15.328 101.688 19.508
201609 21.492 101.861 27.307
201612 19.452 101.863 24.714
201703 16.502 102.862 20.763
201706 20.895 103.349 26.166
201709 17.539 104.136 21.797
201712 14.654 104.011 18.234
201803 13.854 105.290 17.029
201806 11.928 106.317 14.520
201809 10.110 106.507 12.285
201812 8.062 105.998 9.843
201903 4.524 107.251 5.459
201906 4.218 108.070 5.051
201909 3.060 108.329 3.656
201912 2.777 108.420 3.315
202003 1.877 108.902 2.231
202006 1.243 108.767 1.479
202009 1.137 109.815 1.340
202012 3.877 109.897 4.566
202103 5.906 111.754 6.840
202106 5.859 114.631 6.615
202109 5.807 115.734 6.494
202112 5.219 117.630 5.742
202203 5.130 121.301 5.473
202206 5.017 125.017 5.194
202209 4.768 125.227 4.928
202212 4.446 125.222 4.595
202303 4.581 127.348 4.656
202306 4.723 128.729 4.748
202309 4.345 129.860 4.330
202312 4.912 129.419 4.912

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.


Nano Dimension  (NAS:NNDM) 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.


Nano Dimension Cyclically Adjusted PB Ratio Related Terms

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


Nano Dimension (Nano Dimension) Business Description

Industry
Traded in Other Exchanges
Address
2 Ilan Ramon Street, Ness-Ziona Science Park, Ness Ziona, ISR, 7403635
Nano Dimension Ltd is a provider of intelligent machines for the fabrication of Additively Manufactured Electronics (AME). High-fidelity active electronic and electromechanical subassemblies are integral enablers of autonomous intelligent drones, cars, satellites, smartphones, and in vivo medical devices. It necessitates iterative development, IP safety, fast time-to-market and device performance gains, thereby mandating AME for in-house, rapid prototyping and production. Nano Dimension machines serve cross-industry needs by depositing proprietary consumable conductive and dielectric materials simultaneously, while concurrently integrating in-situ capacitors, antennas, coils, transformers and electromechanical components, to function at an unprecedented performance.