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NAPCO Security Technologies (FRA:NS1) Cyclically Adjusted Book per Share : €2.31 (As of Mar. 2024)


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What is NAPCO Security Technologies 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.

NAPCO Security Technologies's adjusted book value per share for the three months ended in Mar. 2024 was €4.196. 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 €2.31 for the trailing ten years ended in Mar. 2024.

During the past 12 months, NAPCO Security Technologies's average Cyclically Adjusted Book Growth Rate was 16.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 16.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 12.70% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 5.60% 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 NAPCO Security Technologies was 16.70% per year. The lowest was 0.30% per year. And the median was 5.00% per year.

As of today (2024-06-05), NAPCO Security Technologies's current stock price is €45.11. NAPCO Security Technologies's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €2.31. NAPCO Security Technologies's Cyclically Adjusted PB Ratio of today is 19.53.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of NAPCO Security Technologies was 20.02. The lowest was 1.65. And the median was 6.33.


NAPCO Security Technologies Cyclically Adjusted Book per Share Historical Data

The historical data trend for NAPCO Security Technologies'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.

NAPCO Security Technologies Cyclically Adjusted Book per Share Chart

NAPCO Security Technologies Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.12 1.25 1.40 1.83 2.12

NAPCO Security Technologies Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.97 2.12 2.20 2.21 2.31

Competitive Comparison of NAPCO Security Technologies's Cyclically Adjusted Book per Share

For the Security & Protection Services subindustry, NAPCO Security Technologies'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.


NAPCO Security Technologies's Cyclically Adjusted PB Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, NAPCO Security Technologies's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



NAPCO Security Technologies 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, NAPCO Security Technologies's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book= Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=4.196/131.7762*131.7762
=4.196

Current CPI (Mar. 2024) = 131.7762.

NAPCO Security Technologies Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.829 100.560 1.086
201409 0.873 100.428 1.146
201412 0.924 99.070 1.229
201503 1.056 99.621 1.397
201506 1.092 100.684 1.429
201509 1.099 100.392 1.443
201512 1.148 99.792 1.516
201603 1.143 100.470 1.499
201606 1.214 101.688 1.573
201609 1.230 101.861 1.591
201612 1.332 101.863 1.723
201703 1.335 102.862 1.710
201706 1.343 103.349 1.712
201709 1.287 104.136 1.629
201712 1.323 104.011 1.676
201803 1.294 105.290 1.620
201806 1.450 106.317 1.797
201809 1.460 106.507 1.806
201812 1.531 105.998 1.903
201903 1.591 107.251 1.955
201906 1.704 108.070 2.078
201909 1.829 108.329 2.225
201912 1.907 108.420 2.318
202003 1.968 108.902 2.381
202006 1.852 108.767 2.244
202009 1.858 109.815 2.230
202012 1.873 109.897 2.246
202103 2.015 111.754 2.376
202106 2.089 114.631 2.401
202109 2.341 115.734 2.665
202112 2.494 117.630 2.794
202203 2.620 121.301 2.846
202206 2.930 125.017 3.088
202209 3.318 125.227 3.492
202212 3.327 125.222 3.501
202303 3.574 127.348 3.698
202306 3.519 128.729 3.602
202309 3.772 129.860 3.828
202312 3.939 129.419 4.011
202403 4.196 131.776 4.196

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


NAPCO Security Technologies  (FRA:NS1) 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.

NAPCO Security Technologies's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=45.11/2.31
=19.53

* 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 NAPCO Security Technologies was 20.02. The lowest was 1.65. And the median was 6.33.


Be Aware

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


NAPCO Security Technologies Cyclically Adjusted Book per Share Related Terms

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


NAPCO Security Technologies (FRA:NS1) Business Description

Traded in Other Exchanges
Address
333 Bayview Avenue, Amityville, NY, USA, 11701
NAPCO Security Technologies Inc manufactures security products, encompassing access control systems, door-locking products, intrusion and fire alarm systems and video surveillance products. Its products are used for various applications which includes alarm systems like automatic communicators, combination control panels/digital communicators and digital keypad systems, fire alarm control panel and area detectors mainly used for commercial, residential, institutional, industrial and governmental uses.

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