GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Nippon Yusen Kabushiki Kaisha (OTCPK:NPNYY) » Definitions » Cyclically Adjusted Book per Share

Nippon Yusen Kabushiki Kaisha (Nippon Yusen Kabushiki Kaisha) Cyclically Adjusted Book per Share : $2.95 (As of Dec. 2023)


View and export this data going back to 2006. Start your Free Trial

What is Nippon Yusen Kabushiki Kaisha 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.

Nippon Yusen Kabushiki Kaisha's adjusted book value per share for the three months ended in Dec. 2023 was $7.422. 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 $2.95 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Nippon Yusen Kabushiki Kaisha'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 Nippon Yusen Kabushiki Kaisha was 11.00% per year. The lowest was -3.20% per year. And the median was -0.90% per year.

As of today (2024-06-04), Nippon Yusen Kabushiki Kaisha's current stock price is $6.62. Nippon Yusen Kabushiki Kaisha's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $2.95. Nippon Yusen Kabushiki Kaisha's Cyclically Adjusted PB Ratio of today is 2.24.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Nippon Yusen Kabushiki Kaisha was 3.21. The lowest was 0.31. And the median was 0.59.


Nippon Yusen Kabushiki Kaisha Cyclically Adjusted Book per Share Historical Data

The historical data trend for Nippon Yusen Kabushiki Kaisha'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.

Nippon Yusen Kabushiki Kaisha Cyclically Adjusted Book per Share Chart

Nippon Yusen Kabushiki Kaisha Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.22 2.30 2.23 2.63 -

Nippon Yusen Kabushiki Kaisha 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 2.63 2.54 2.63 2.95 -

Competitive Comparison of Nippon Yusen Kabushiki Kaisha's Cyclically Adjusted Book per Share

For the Marine Shipping subindustry, Nippon Yusen Kabushiki Kaisha'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.


Nippon Yusen Kabushiki Kaisha's Cyclically Adjusted PB Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Nippon Yusen Kabushiki Kaisha's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Nippon Yusen Kabushiki Kaisha's Cyclically Adjusted PB Ratio falls into.



Nippon Yusen Kabushiki Kaisha 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, Nippon Yusen Kabushiki Kaisha'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)
=7.422/106.8000*106.8000
=7.422

Current CPI (Dec. 2023) = 106.8000.

Nippon Yusen Kabushiki Kaisha Quarterly Data

Book Value per Share CPI Adj_Book
201403 2.766 95.700 3.087
201406 2.786 98.000 3.036
201409 2.731 98.500 2.961
201412 2.526 97.900 2.756
201503 2.646 97.900 2.887
201506 2.732 98.400 2.965
201509 2.752 98.500 2.984
201512 2.597 98.100 2.827
201603 2.693 97.900 2.938
201606 2.714 98.100 2.955
201609 1.928 98.000 2.101
201612 1.773 98.400 1.924
201703 1.829 98.100 1.991
201706 1.849 98.500 2.005
201709 1.865 98.800 2.016
201712 1.924 99.400 2.067
201803 2.057 99.200 2.215
201806 1.914 99.200 2.061
201809 1.866 99.900 1.995
201812 1.854 99.700 1.986
201903 1.733 99.700 1.856
201906 1.754 99.800 1.877
201909 1.720 100.100 1.835
201912 1.732 100.500 1.841
202003 1.697 100.300 1.807
202006 1.709 99.900 1.827
202009 1.766 99.900 1.888
202012 1.904 99.300 2.048
202103 2.271 99.900 2.428
202106 2.746 99.500 2.947
202109 3.702 100.100 3.950
202112 4.531 100.100 4.834
202203 5.703 101.100 6.025
202206 5.843 101.800 6.130
202209 6.723 103.100 6.964
202212 7.011 104.100 7.193
202303 7.298 104.400 7.466
202306 7.214 105.200 7.324
202309 7.284 106.200 7.325
202312 7.422 106.800 7.422

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


Nippon Yusen Kabushiki Kaisha  (OTCPK:NPNYY) 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.

Nippon Yusen Kabushiki Kaisha's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=6.62/2.95
=2.24

* 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 Nippon Yusen Kabushiki Kaisha was 3.21. The lowest was 0.31. And the median was 0.59.


Be Aware

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


Nippon Yusen Kabushiki Kaisha Cyclically Adjusted Book per Share Related Terms

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


Nippon Yusen Kabushiki Kaisha (Nippon Yusen Kabushiki Kaisha) Business Description

Traded in Other Exchanges
Address
3 - 2, Marunouchi 2 Chome, Chiyoda-Ku, Tokyo, JPN, 100-0005
Nippon Yusen Kabushiki Kaisha is a transportation and logistics company domiciled in Japan. The company organises itself into three divisions: global logistics, bulk shipping, and others. Global logistics, which contributes the majority of revenue, ships containers, transport air cargo, and provides logistics services. Bulk shipping, the next most significant division, transports dry bulk, including iron ore and grain; automobiles; and liquids, including oil. The other division develops and sells real estate, and operates cruise ships. The company derives the majority of revenue domestically.

Nippon Yusen Kabushiki Kaisha (Nippon Yusen Kabushiki Kaisha) Headlines

From GuruFocus

Q3 2024 Nippon Yusen KK Earnings Presentation Transcript

By GuruFocus Research 02-06-2024