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Nitori Holdings Co (Nitori Holdings Co) Cyclically Adjusted Book per Share : $3.42 (As of Dec. 2023)


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What is Nitori Holdings Co 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.

Nitori Holdings Co's adjusted book value per share for the three months ended in Dec. 2023 was $5.414. 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 $3.42 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Nitori Holdings Co's average Cyclically Adjusted Book Growth Rate was -100.00% 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 Nitori Holdings Co was 14.90% per year. The lowest was 14.50% per year. And the median was 14.70% per year.

As of today (2024-05-24), Nitori Holdings Co's current stock price is $11.43. Nitori Holdings Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $3.42. Nitori Holdings Co's Cyclically Adjusted PB Ratio of today is 3.34.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Nitori Holdings Co was 8.82. The lowest was 2.95. And the median was 5.61.


Nitori Holdings Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Nitori Holdings Co'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.

Nitori Holdings Co Cyclically Adjusted Book per Share Chart

Nitori Holdings Co Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Mar24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 3.15 3.37 -

Nitori Holdings Co Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 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 3.13 3.10 3.05 3.42 -

Competitive Comparison of Nitori Holdings Co's Cyclically Adjusted Book per Share

For the Furnishings, Fixtures & Appliances subindustry, Nitori Holdings Co'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.


Nitori Holdings Co's Cyclically Adjusted PB Ratio Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Nitori Holdings Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Nitori Holdings Co 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, Nitori Holdings Co'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)
=5.414/106.8000*106.8000
=5.414

Current CPI (Dec. 2023) = 106.8000.

Nitori Holdings Co Quarterly Data

Book Value per Share CPI Adj_Book
201311 2.152 95.500 2.407
201402 2.209 95.500 2.470
201405 2.292 98.100 2.495
201408 2.376 98.300 2.581
201411 2.363 97.900 2.578
201502 2.372 97.600 2.596
201505 2.414 98.700 2.612
201508 2.465 98.400 2.675
201511 2.474 98.100 2.693
201602 2.610 97.800 2.850
201605 2.835 98.200 3.083
201608 3.056 97.900 3.334
201611 3.102 98.600 3.360
201702 3.134 98.100 3.412
201705 3.253 98.600 3.524
201708 3.443 98.500 3.733
201711 3.437 99.100 3.704
201802 3.654 99.500 3.922
201805 3.723 99.300 4.004
201808 3.828 99.800 4.096
201811 3.823 100.000 4.083
201902 4.036 99.700 4.323
201905 4.185 100.000 4.470
201908 4.457 100.000 4.760
201911 4.475 100.500 4.756
202002 4.532 100.300 4.826
202005 4.850 100.100 5.175
202008 5.101 100.100 5.442
202011 5.338 99.500 5.730
202102 5.401 99.800 5.780
202105 5.437 99.400 5.842
202108 5.603 99.700 6.002
202111 5.517 100.100 5.886
202202 5.630 100.700 5.971
202205 5.219 101.800 5.475
202208 5.159 102.700 5.365
202211 4.925 103.900 5.062
202306 5.237 105.200 5.317
202309 5.135 106.200 5.164
202312 5.414 106.800 5.414

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


Nitori Holdings Co  (OTCPK:NCLTY) 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.

Nitori Holdings Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=11.43/3.42
=3.34

* 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 Nitori Holdings Co was 8.82. The lowest was 2.95. And the median was 5.61.


Be Aware

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


Nitori Holdings Co Cyclically Adjusted Book per Share Related Terms

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


Nitori Holdings Co (Nitori Holdings Co) Business Description

Traded in Other Exchanges
Address
6-20, Kamiya 3-chome, Kita-ku, Tokyo, JPN, 115-0043
Nitori Holdings Co Ltd is a Japanese holding company engaged in the sale of furniture and interior goods. It primarily operates home furnishing and fashion stores, along with other ventures such as the Nitori Mall and Corporate Enterprise, which focuses on corporate customers. It conducts these operations and more through its subsidiaries. The firm's products include bedding, curtains, cookware, tableware, tables, desks, and sofas. Nitori's operations are divided among manufacturing, trading company and logistics (which deals with imports and distribution centers), sales, and advertisement and publicity. Aside from its presence across Japan, the company operates in California, China, Huizhou, Indonesia, Shanghai, and Vietnam.

Nitori Holdings Co (Nitori Holdings Co) Headlines

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