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Nipponnso Holdings (Nipponnso Holdings) Cyclically Adjusted PB Ratio : 3.71 (As of Apr. 29, 2024)


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What is Nipponnso Holdings Cyclically Adjusted PB Ratio?

As of today (2024-04-29), Nipponnso Holdings's current share price is $29.45. Nipponnso Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $7.93. Nipponnso Holdings's Cyclically Adjusted PB Ratio for today is 3.71.

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

TYNPF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.64   Med: 2.74   Max: 4.48
Current: 4.08

During the past years, Nipponnso Holdings's highest Cyclically Adjusted PB Ratio was 4.48. The lowest was 1.64. And the median was 2.74.

TYNPF's Cyclically Adjusted PB Ratio is ranked worse than
81.35% of 1051 companies
in the Chemicals industry
Industry Median: 1.57 vs TYNPF: 4.08

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.

Nipponnso Holdings's adjusted book value per share data for the three months ended in Dec. 2023 was $13.461. 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 $7.93 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nipponnso Holdings Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Nipponnso Holdings'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.

Nipponnso Holdings Cyclically Adjusted PB Ratio Chart

Nipponnso Holdings 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 2.49 2.22 2.73 2.71 2.39

Nipponnso Holdings 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 1.98 2.39 3.00 3.29 3.39

Competitive Comparison of Nipponnso Holdings's Cyclically Adjusted PB Ratio

For the Chemicals subindustry, Nipponnso Holdings'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.


Nipponnso Holdings's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Nipponnso Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Nipponnso Holdings 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.

Nipponnso Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=29.45/7.93
=3.71

* 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.

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

For example, Nipponnso Holdings'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)
=13.461/106.8000*106.8000
=13.461

Current CPI (Dec. 2023) = 106.8000.

Nipponnso Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201403 6.192 95.700 6.910
201406 6.197 98.000 6.753
201409 5.981 98.500 6.485
201412 5.722 97.900 6.242
201503 6.161 97.900 6.721
201506 6.031 98.400 6.546
201509 6.205 98.500 6.728
201512 6.137 98.100 6.681
201603 6.557 97.900 7.153
201606 6.691 98.100 7.284
201609 7.045 98.000 7.678
201612 6.830 98.400 7.413
201703 7.195 98.100 7.833
201706 7.400 98.500 8.024
201709 7.745 98.800 8.372
201712 8.044 99.400 8.643
201803 8.421 99.200 9.066
201806 8.351 99.200 8.991
201809 8.585 99.900 9.178
201812 8.166 99.700 8.748
201903 8.454 99.700 9.056
201906 8.517 99.800 9.114
201909 8.506 100.100 9.075
201912 9.038 100.500 9.605
202003 8.785 100.300 9.354
202006 9.029 99.900 9.653
202009 9.640 99.900 10.306
202012 10.274 99.300 11.050
202103 10.909 99.900 11.662
202106 11.046 99.500 11.856
202109 11.430 100.100 12.195
202112 11.580 100.100 12.355
202203 12.252 101.100 12.943
202206 11.760 101.800 12.338
202209 11.459 103.100 11.870
202212 11.779 104.100 12.085
202303 12.519 104.400 12.807
202306 13.288 105.200 13.490
202309 13.325 106.200 13.400
202312 13.461 106.800 13.461

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.


Nipponnso Holdings  (OTCPK:TYNPF) 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.


Nipponnso Holdings Cyclically Adjusted PB Ratio Related Terms

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Nipponnso Holdings (Nipponnso Holdings) Business Description

Traded in Other Exchanges
Address
Toyo Building 1-3-26, Koyama, Shinagawa-ku, Tokyo, JPN, 142-8558
Nippon Sanso Holdings Group is the leading industrial gases manufacturer in Japan. The company's three main business domains are the industrial gases business, the electronics business, and the Thermos business. The company has a global presence with a majority of its revenue coming from the gas business in Japan. The industrial gases operation supplies the steelmaking, chemical, and automotive industries and provides medical products. The industrial gases domain dramatically expanded following the Praxair, Inc. acquisition that added a new business vertical. The electronics business has a supply chain in east Asia and is a hub for major semiconductor manufacturers.

Nipponnso Holdings (Nipponnso Holdings) Headlines

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