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NAPCO Security Technologies (FRA:NS1) Cyclically Adjusted PB Ratio : 19.53 (As of Jun. 05, 2024)


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What is NAPCO Security Technologies Cyclically Adjusted PB Ratio?

As of today (2024-06-05), NAPCO Security Technologies's current share price is €45.11. NAPCO Security Technologies's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €2.31. NAPCO Security Technologies's Cyclically Adjusted PB Ratio for today is 19.53.

The historical rank and industry rank for NAPCO Security Technologies's Cyclically Adjusted PB Ratio or its related term are showing as below:

FRA:NS1' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.65   Med: 6.33   Max: 20.02
Current: 19.75

During the past years, NAPCO Security Technologies's highest Cyclically Adjusted PB Ratio was 20.02. The lowest was 1.65. And the median was 6.33.

FRA:NS1's Cyclically Adjusted PB Ratio is ranked worse than
97.77% of 673 companies
in the Business Services industry
Industry Median: 1.6 vs FRA:NS1: 19.75

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.

NAPCO Security Technologies's adjusted book value per share data for the three months ended in Mar. 2024 was €4.196. 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 €2.31 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


NAPCO Security Technologies Cyclically Adjusted PB Ratio Historical Data

The historical data trend for NAPCO Security Technologies's Cyclically Adjusted PB Ratio 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.

NAPCO Security Technologies Cyclically Adjusted PB Ratio Chart

NAPCO Security Technologies Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.35 8.29 11.23 10.59 15.48

NAPCO Security Technologies Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted PB Ratio 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 17.44 15.48 9.57 14.33 15.98

Competitive Comparison of NAPCO Security Technologies's Cyclically Adjusted PB Ratio

For the Security & Protection Services subindustry, NAPCO Security Technologies'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.


NAPCO Security Technologies's Cyclically Adjusted PB Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, NAPCO Security Technologies's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



NAPCO Security Technologies Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

NAPCO Security Technologies's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=45.11/2.31
=19.53

* 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.

NAPCO Security Technologies's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, NAPCO Security Technologies'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)
=4.196/131.7762*131.7762
=4.196

Current CPI (Mar. 2024) = 131.7762.

NAPCO Security Technologies Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.829 100.560 1.086
201409 0.873 100.428 1.146
201412 0.924 99.070 1.229
201503 1.056 99.621 1.397
201506 1.092 100.684 1.429
201509 1.099 100.392 1.443
201512 1.148 99.792 1.516
201603 1.143 100.470 1.499
201606 1.214 101.688 1.573
201609 1.230 101.861 1.591
201612 1.332 101.863 1.723
201703 1.335 102.862 1.710
201706 1.343 103.349 1.712
201709 1.287 104.136 1.629
201712 1.323 104.011 1.676
201803 1.294 105.290 1.620
201806 1.450 106.317 1.797
201809 1.460 106.507 1.806
201812 1.531 105.998 1.903
201903 1.591 107.251 1.955
201906 1.704 108.070 2.078
201909 1.829 108.329 2.225
201912 1.907 108.420 2.318
202003 1.968 108.902 2.381
202006 1.852 108.767 2.244
202009 1.858 109.815 2.230
202012 1.873 109.897 2.246
202103 2.015 111.754 2.376
202106 2.089 114.631 2.401
202109 2.341 115.734 2.665
202112 2.494 117.630 2.794
202203 2.620 121.301 2.846
202206 2.930 125.017 3.088
202209 3.318 125.227 3.492
202212 3.327 125.222 3.501
202303 3.574 127.348 3.698
202306 3.519 128.729 3.602
202309 3.772 129.860 3.828
202312 3.939 129.419 4.011
202403 4.196 131.776 4.196

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


NAPCO Security Technologies  (FRA:NS1) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


NAPCO Security Technologies Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of NAPCO Security Technologies's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


NAPCO Security Technologies (FRA:NS1) Business Description

Traded in Other Exchanges
Address
333 Bayview Avenue, Amityville, NY, USA, 11701
NAPCO Security Technologies Inc manufactures security products, encompassing access control systems, door-locking products, intrusion and fire alarm systems and video surveillance products. Its products are used for various applications which includes alarm systems like automatic communicators, combination control panels/digital communicators and digital keypad systems, fire alarm control panel and area detectors mainly used for commercial, residential, institutional, industrial and governmental uses.

NAPCO Security Technologies (FRA:NS1) Headlines

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