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Nextgen (TSE:3842) Cyclically Adjusted Book per Share : 円697.00 (As of Dec. 2023)


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What is Nextgen 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.

Nextgen's adjusted book value per share for the three months ended in Dec. 2023 was 円608.065. 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 円697.00 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Nextgen's average Cyclically Adjusted Book Growth Rate was 3.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 4.70% 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 Nextgen was 4.70% per year. The lowest was 4.50% per year. And the median was 4.60% per year.

As of today (2024-05-24), Nextgen's current stock price is 円747.00. Nextgen's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円697.00. Nextgen's Cyclically Adjusted PB Ratio of today is 1.07.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Nextgen was 4.66. The lowest was 0.95. And the median was 1.81.


Nextgen Cyclically Adjusted Book per Share Historical Data

The historical data trend for Nextgen'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.

Nextgen Cyclically Adjusted Book per Share Chart

Nextgen Annual Data
Trend Dec13 Dec14 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 562.46 591.20 615.07 642.09 678.04

Nextgen Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 676.17 678.04 683.37 690.99 697.00

Competitive Comparison of Nextgen's Cyclically Adjusted Book per Share

For the Telecom Services subindustry, Nextgen'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.


Nextgen's Cyclically Adjusted PB Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Nextgen's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Nextgen 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, Nextgen'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)
=608.065/106.8000*106.8000
=608.065

Current CPI (Dec. 2023) = 106.8000.

Nextgen Quarterly Data

Book Value per Share CPI Adj_Book
201312 553.830 95.600 618.714
201403 523.986 95.700 584.762
201406 454.508 98.000 495.321
201409 485.973 98.500 526.923
201412 545.687 97.900 595.295
201506 571.511 98.400 620.299
201509 529.605 98.500 574.232
201512 574.881 98.100 625.864
201603 700.278 97.900 763.940
201606 686.373 98.100 747.244
201609 667.219 98.000 727.133
201612 682.637 98.400 740.911
201703 761.874 98.100 829.441
201706 695.102 98.500 753.674
201709 682.076 98.800 737.305
201712 647.896 99.400 696.130
201803 801.309 99.200 862.700
201806 759.244 99.200 817.412
201809 696.722 99.900 744.844
201812 598.640 99.700 641.271
201903 818.501 99.700 876.789
201906 728.947 99.800 780.076
201909 668.327 100.100 713.060
201912 578.380 100.500 614.637
202003 760.306 100.300 809.578
202006 661.349 99.900 707.028
202009 695.966 99.900 744.036
202012 693.677 99.300 746.070
202103 692.630 99.900 740.469
202106 653.991 99.500 701.972
202109 641.307 100.100 684.232
202112 628.922 100.100 671.018
202203 756.668 101.100 799.329
202206 718.638 101.800 753.935
202209 699.442 103.100 724.543
202212 690.748 104.100 708.664
202303 590.529 104.400 604.104
202306 580.143 105.200 588.966
202309 596.498 106.200 599.868
202312 608.065 106.800 608.065

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


Nextgen  (TSE:3842) 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.

Nextgen's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=747.00/697
=1.07

* 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 Nextgen was 4.66. The lowest was 0.95. And the median was 1.81.


Be Aware

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


Nextgen Cyclically Adjusted Book per Share Related Terms

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


Nextgen (TSE:3842) Business Description

Traded in Other Exchanges
N/A
Address
1-27-6 Shirokane, Minatoku, Shirokane-takanawa Station Building, 6th floor, Tokyo, JPN, 108-0072
Nextgen, Inc., is engaged in providing software & hardware solutions on Internet protocol telephone system for telecommunication carriers. It has three business segments: Communication system solution; Security solution; Cloud and smartphone solutions. Communication system solution provides carrier-grade SIP/VoIP systems to telecommunication carriers; security solution provides protection consultations.

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