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Nakanishi (TSE:7716) Cyclically Adjusted Book per Share : 円879.06 (As of Mar. 2024)


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What is Nakanishi 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.

Nakanishi's adjusted book value per share for the three months ended in Mar. 2024 was 円1,372.276. 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879.06 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Nakanishi's average Cyclically Adjusted Book Growth Rate was 12.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 11.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 10.20% 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 Nakanishi was 11.40% per year. The lowest was 9.00% per year. And the median was 9.65% per year.

As of today (2024-05-31), Nakanishi's current stock price is 円2233.00. Nakanishi's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was 円879.06. Nakanishi's Cyclically Adjusted PB Ratio of today is 2.54.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Nakanishi was 5.26. The lowest was 2.30. And the median was 3.59.


Nakanishi Cyclically Adjusted Book per Share Historical Data

The historical data trend for Nakanishi'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.

Nakanishi Cyclically Adjusted Book per Share Chart

Nakanishi 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 576.53 618.60 677.94 764.70 855.89

Nakanishi 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 781.64 803.93 832.09 855.89 879.06

Competitive Comparison of Nakanishi's Cyclically Adjusted Book per Share

For the Medical Instruments & Supplies subindustry, Nakanishi'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.


Nakanishi's Cyclically Adjusted PB Ratio Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Nakanishi's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Nakanishi 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, Nakanishi'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)
=1372.276/107.2000*107.2000
=1,372.276

Current CPI (Mar. 2024) = 107.2000.

Nakanishi Quarterly Data

Book Value per Share CPI Adj_Book
201406 529.098 98.000 578.768
201409 540.975 98.500 588.757
201412 571.629 97.900 625.931
201503 571.558 97.900 625.853
201506 589.880 98.400 642.633
201509 593.196 98.500 645.590
201512 609.825 98.100 666.394
201603 608.112 97.900 665.880
201606 608.685 98.100 665.148
201609 616.014 98.000 673.844
201612 644.860 98.400 702.530
201703 651.863 98.100 712.331
201706 679.741 98.500 739.779
201709 695.126 98.800 754.226
201712 726.841 99.400 783.877
201803 728.485 99.200 787.234
201806 756.764 99.200 817.793
201809 770.630 99.900 826.942
201812 774.731 99.700 833.011
201903 777.966 99.700 836.489
201906 794.357 99.800 853.257
201909 800.417 100.100 857.190
201912 836.713 100.500 892.494
202003 812.588 100.300 868.489
202006 836.052 99.900 897.145
202009 849.772 99.900 911.867
202012 880.135 99.300 950.156
202103 908.576 99.900 974.968
202106 937.064 99.500 1,009.581
202109 944.148 100.100 1,011.116
202112 962.290 100.100 1,030.544
202203 987.483 101.100 1,047.064
202206 1,040.538 101.800 1,095.734
202209 1,060.851 103.100 1,103.038
202212 1,068.838 104.100 1,100.667
202303 1,086.799 104.400 1,115.947
202306 1,170.578 105.200 1,192.832
202309 1,360.178 106.200 1,372.986
202312 1,327.053 106.800 1,332.023
202403 1,372.276 107.200 1,372.276

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


Nakanishi  (TSE:7716) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2233.00/879.06
=2.54

* 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 Nakanishi was 5.26. The lowest was 2.30. And the median was 3.59.


Be Aware

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


Nakanishi Cyclically Adjusted Book per Share Related Terms

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


Nakanishi (TSE:7716) Business Description

Traded in Other Exchanges
Address
700 Shimohinata, Kanuma-shi, Tochigi, JPN
Nakanishi Inc manufactures high-speed rotary cutting technology for the dental industry and the medical industry more broadly. The company distributes its products to countries internationally, earning most of its revenue overseas. The company operates via three business segments. The dental product segment manufactures and sells handpieces for dental treatment, mechanical micro motors and handpieces as well as handpieces for surgeries. The industrial product segment manufactures and sells grinders for manual works and spindles for machinery attachment. The others segment provides inspection and repair services for its dental and medical equipment and general industrial cutting and grinding equipment.

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