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Nippon BS Broadcasting (TSE:9414) Cyclically Adjusted Book per Share : 円1,034.38 (As of Feb. 2024)


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What is Nippon BS Broadcasting 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 BS Broadcasting's adjusted book value per share for the three months ended in Feb. 2024 was 円1,278.883. 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1,034.38 for the trailing ten years ended in Feb. 2024.

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 (2024-05-31), Nippon BS Broadcasting's current stock price is 円894.00. Nippon BS Broadcasting's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2024 was 円1,034.38. Nippon BS Broadcasting's Cyclically Adjusted PB Ratio of today is 0.86.

During the past 11 years, the highest Cyclically Adjusted PB Ratio of Nippon BS Broadcasting was 0.96. The lowest was 0.86. And the median was 0.89.


Nippon BS Broadcasting Cyclically Adjusted Book per Share Historical Data

The historical data trend for Nippon BS Broadcasting'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 BS Broadcasting Cyclically Adjusted Book per Share Chart

Nippon BS Broadcasting Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 1,003.86

Nippon BS Broadcasting Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 - 979.69 1,003.86 1,019.42 1,034.38

Competitive Comparison of Nippon BS Broadcasting's Cyclically Adjusted Book per Share

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

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

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



Nippon BS Broadcasting 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 BS Broadcasting's adjusted Book Value per Share data for the three months ended in Feb. 2024 was:

Adj_Book= Book Value per Share /CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=1278.883/106.9000*106.9000
=1,278.883

Current CPI (Feb. 2024) = 106.9000.

Nippon BS Broadcasting Quarterly Data

Book Value per Share CPI Adj_Book
201405 665.425 98.100 725.117
201408 679.287 98.300 738.716
201411 686.864 97.900 750.008
201502 706.598 97.600 773.928
201505 719.866 98.700 779.672
201508 735.130 98.400 798.632
201511 744.306 98.100 811.074
201602 765.203 97.800 836.403
201605 783.934 98.200 853.386
201608 802.174 97.900 875.918
201611 808.551 98.600 876.614
201702 830.864 98.100 905.396
201705 852.371 98.600 924.122
201708 870.442 98.500 944.673
201711 881.586 99.100 950.974
201802 912.984 99.500 980.884
201805 928.097 99.300 999.130
201808 945.920 99.800 1,013.215
201811 944.200 100.000 1,009.350
201902 963.502 99.700 1,033.083
201905 978.022 100.000 1,045.506
201908 992.247 100.000 1,060.712
201911 990.420 100.500 1,053.492
202002 1,011.039 100.300 1,077.568
202005 1,036.827 100.100 1,107.261
202008 1,055.964 100.100 1,127.698
202011 1,060.554 99.500 1,139.429
202102 1,087.454 99.800 1,164.818
202105 1,115.270 99.400 1,199.420
202108 1,141.108 99.700 1,223.515
202111 1,147.285 100.100 1,225.222
202202 1,172.579 100.700 1,244.774
202205 1,194.816 101.800 1,254.674
202208 1,211.490 102.700 1,261.035
202211 1,214.628 103.900 1,249.699
202302 1,233.939 104.000 1,268.347
202305 1,253.291 105.100 1,274.756
202308 1,269.350 105.900 1,281.336
202311 1,256.777 106.900 1,256.777
202402 1,278.883 106.900 1,278.883

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


Nippon BS Broadcasting  (TSE:9414) 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 BS Broadcasting's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=894.00/1034.38
=0.86

* 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 11 years, the highest Cyclically Adjusted PB Ratio of Nippon BS Broadcasting was 0.96. The lowest was 0.86. And the median was 0.89.


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 BS Broadcasting Cyclically Adjusted Book per Share Related Terms

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


Nippon BS Broadcasting (TSE:9414) Business Description

Traded in Other Exchanges
N/A
Address
2-5 Kanda Surugadai, Chiyoda-ku, Tokyo, JPN, 101-0062
Nippon BS Broadcasting Corp is a Japan-based company engages in the satellite broadcasting services. It provides various programs that include news, economy, entertainment, drama, movie, anime, hobby and art, travel, education, sports, and special program.

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