GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Nippon Television Holdings Inc (TSE:9404) » Definitions » Cyclically Adjusted Book per Share

Nippon Television Holdings (TSE:9404) Cyclically Adjusted Book per Share : 円2,982.23 (As of Dec. 2023)


View and export this data going back to 1959. Start your Free Trial

What is Nippon Television Holdings 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 Television Holdings's adjusted book value per share for the three months ended in Dec. 2023 was 円3,547.903. 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2,982.23 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Nippon Television Holdings'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 Television Holdings was 6.90% per year. The lowest was 5.40% per year. And the median was 6.10% per year.

As of today (2024-05-15), Nippon Television Holdings's current stock price is 円2124.50. Nippon Television Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円2,982.23. Nippon Television Holdings's Cyclically Adjusted PB Ratio of today is 0.71.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Nippon Television Holdings was 1.05. The lowest was 0.36. And the median was 0.53.


Nippon Television Holdings Cyclically Adjusted Book per Share Historical Data

The historical data trend for Nippon Television Holdings'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 Television Holdings Cyclically Adjusted Book per Share Chart

Nippon Television Holdings 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 2,313.09 2,432.29 2,610.23 2,823.65 -

Nippon Television Holdings 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 2,823.65 2,875.62 2,932.87 2,982.23 -

Competitive Comparison of Nippon Television Holdings's Cyclically Adjusted Book per Share

For the Broadcasting subindustry, Nippon Television Holdings'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 Television Holdings's Cyclically Adjusted PB Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Nippon Television Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Nippon Television Holdings 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 Television Holdings'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)
=3547.903/106.8000*106.8000
=3,547.903

Current CPI (Dec. 2023) = 106.8000.

Nippon Television Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201403 2,023.576 95.700 2,258.285
201406 2,027.891 98.000 2,209.987
201409 2,056.795 98.500 2,230.109
201412 2,170.094 97.900 2,367.375
201503 2,240.629 97.900 2,444.323
201506 2,253.116 98.400 2,445.455
201509 2,260.541 98.500 2,451.023
201512 2,321.847 98.100 2,527.760
201603 2,337.561 97.900 2,550.067
201606 2,343.494 98.100 2,551.327
201609 2,387.282 98.000 2,601.650
201612 2,471.166 98.400 2,682.119
201703 2,533.871 98.100 2,758.587
201706 2,556.477 98.500 2,771.896
201709 2,616.623 98.800 2,828.495
201712 2,689.242 99.400 2,889.447
201803 2,678.474 99.200 2,883.680
201806 2,748.850 99.200 2,959.447
201809 2,886.084 99.900 3,085.423
201812 2,786.053 99.700 2,984.458
201903 2,902.564 99.700 3,109.266
201906 2,949.194 99.800 3,156.051
201909 2,937.947 100.100 3,134.593
201912 3,060.138 100.500 3,251.968
202003 2,920.536 100.300 3,109.803
202006 2,993.999 99.900 3,200.792
202009 2,990.302 99.900 3,196.839
202012 3,043.747 99.300 3,273.637
202103 3,195.371 99.900 3,416.072
202106 3,201.479 99.500 3,436.361
202109 3,354.589 100.100 3,579.122
202112 3,404.467 100.100 3,632.338
202203 3,311.615 101.100 3,498.323
202206 3,206.085 101.800 3,363.555
202209 3,235.064 103.100 3,351.162
202212 3,285.071 104.100 3,370.275
202303 3,280.332 104.400 3,355.742
202306 3,367.884 105.200 3,419.107
202309 3,386.153 106.200 3,405.284
202312 3,547.903 106.800 3,547.903

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


Nippon Television Holdings  (TSE:9404) 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 Television Holdings's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2124.50/2982.23
=0.71

* 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 Television Holdings was 1.05. The lowest was 0.36. And the median was 0.53.


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 Television Holdings Cyclically Adjusted Book per Share Related Terms

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


Nippon Television Holdings (TSE:9404) Business Description

Traded in Other Exchanges
Address
1-6-1 Higashi-shinbashi, Minato-ku, Tokyo, JPN, 105-7444
Nippon Television Holdings Inc is a broadcasting and television company. The firm has three business segments, which include its content business, life and health-related business, and real estate business. The content business segment sells television advertising space across its channels, produces and licenses television content, and produces feature film content. The health business segment operates subscription-based fitness clubs, and the real estate business leases office space. Nippon Television Holdings generates the vast majority of its revenue in Japan.

Nippon Television Holdings (TSE:9404) Headlines

No Headlines