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NEXON Co (NEXON Co) Cyclically Adjusted Book per Share : $4.86 (As of Mar. 2024)


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What is NEXON 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.

NEXON Co's adjusted book value per share for the three months ended in Mar. 2024 was $7.590. 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 $4.86 for the trailing ten years ended in Mar. 2024.

During the past 12 months, NEXON Co's average Cyclically Adjusted Book Growth Rate was 14.50% 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.

As of today (2024-06-07), NEXON Co's current stock price is $17.64. NEXON Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $4.86. NEXON Co's Cyclically Adjusted PB Ratio of today is 3.63.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of NEXON Co was 7.65. The lowest was 3.17. And the median was 4.57.


NEXON Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for NEXON 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.

NEXON Co Cyclically Adjusted Book per Share Chart

NEXON Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 4.55 4.70 5.04

NEXON Co 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 4.85 4.64 4.61 5.04 4.86

Competitive Comparison of NEXON Co's Cyclically Adjusted Book per Share

For the Electronic Gaming & Multimedia subindustry, NEXON 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.


NEXON Co's Cyclically Adjusted PB Ratio Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, NEXON Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



NEXON 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, NEXON Co'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)
=7.59/107.2000*107.2000
=7.590

Current CPI (Mar. 2024) = 107.2000.

NEXON Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 3.512 98.000 3.842
201409 3.448 98.500 3.753
201412 3.307 97.900 3.621
201503 3.428 97.900 3.754
201506 3.487 98.400 3.799
201509 3.470 98.500 3.776
201512 3.546 98.100 3.875
201603 3.617 97.900 3.961
201606 3.679 98.100 4.020
201609 3.928 98.000 4.297
201612 3.696 98.400 4.027
201703 4.127 98.100 4.510
201706 4.322 98.500 4.704
201709 4.583 98.800 4.973
201712 4.679 99.400 5.046
201803 5.230 99.200 5.652
201806 5.317 99.200 5.746
201809 5.619 99.900 6.030
201812 5.534 99.700 5.950
201903 6.035 99.700 6.489
201906 6.143 99.800 6.598
201909 6.364 100.100 6.815
201912 6.440 100.500 6.869
202003 6.654 100.300 7.112
202006 6.976 99.900 7.486
202009 7.467 99.900 8.013
202012 7.711 99.300 8.324
202103 8.001 99.900 8.586
202106 8.019 99.500 8.640
202109 8.173 100.100 8.753
202112 8.251 100.100 8.836
202203 8.374 101.100 8.879
202206 7.491 101.800 7.888
202209 7.119 103.100 7.402
202212 7.389 104.100 7.609
202303 7.595 104.400 7.799
202306 7.957 105.200 8.108
202309 7.841 106.200 7.915
202312 7.396 106.800 7.424
202403 7.590 107.200 7.590

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


NEXON Co  (OTCPK:NEXOY) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=17.64/4.86
=3.63

* 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 NEXON Co was 7.65. The lowest was 3.17. And the median was 4.57.


Be Aware

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


NEXON Co Cyclically Adjusted Book per Share Related Terms

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


NEXON Co (NEXON Co) Business Description

Traded in Other Exchanges
Address
1-4-5 Roppongi, Minato-ku, Tokyo, JPN, 106-0032
NEXON Co Ltd provides engaging, high quality, geographically unique games to international users through the development and service of PC online and mobile games. The company's major PC online titles include MapleStory and Dungeon&Fighter and their mobile games include HIT and DomiNations. The games are in approximately 200 countries including China, Korea, Japan, North America, and Europe. The PC segment is responsible for a majority of revenue, while the Mobile segment accounts for a smaller portion. Geographically, over half of the company's revenue is derived from China, roughly one quarter is derived from Korea, and the remainder is derived from Japan, North America, and Europe & Others.

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