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NIKKON Holdings Co (TSE:9072) Cyclically Adjusted PB Ratio : 0.99 (As of Jun. 02, 2024)


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What is NIKKON Holdings Co Cyclically Adjusted PB Ratio?

As of today (2024-06-02), NIKKON Holdings Co's current share price is 円2984.00. NIKKON Holdings Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円3,015.02. NIKKON Holdings Co's Cyclically Adjusted PB Ratio for today is 0.99.

The historical rank and industry rank for NIKKON Holdings Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

TSE:9072' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.72   Med: 0.99   Max: 1.57
Current: 0.99

During the past years, NIKKON Holdings Co's highest Cyclically Adjusted PB Ratio was 1.57. The lowest was 0.72. And the median was 0.99.

TSE:9072's Cyclically Adjusted PB Ratio is ranked better than
63.32% of 717 companies
in the Transportation industry
Industry Median: 1.27 vs TSE:9072: 0.99

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.

NIKKON Holdings Co's adjusted book value per share data for the three months ended in Dec. 2023 was 円3,739.778. 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3,015.02 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


NIKKON Holdings Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for NIKKON Holdings Co'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.

NIKKON Holdings Co Cyclically Adjusted PB Ratio Chart

NIKKON Holdings Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.91 0.91 0.78 0.87 -

NIKKON Holdings Co 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 0.87 0.99 1.07 1.02 -

Competitive Comparison of NIKKON Holdings Co's Cyclically Adjusted PB Ratio

For the Integrated Freight & Logistics subindustry, NIKKON Holdings Co'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.


NIKKON Holdings Co's Cyclically Adjusted PB Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, NIKKON Holdings Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



NIKKON Holdings Co 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.

NIKKON Holdings Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2984.00/3015.02
=0.99

* 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.

NIKKON Holdings Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, NIKKON Holdings Co'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)
=3739.778/106.8000*106.8000
=3,739.778

Current CPI (Dec. 2023) = 106.8000.

NIKKON Holdings Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 2,102.582 95.700 2,346.455
201406 2,091.299 98.000 2,279.089
201409 2,128.558 98.500 2,307.919
201412 2,149.804 97.900 2,345.241
201503 2,309.765 97.900 2,519.744
201506 2,315.922 98.400 2,513.623
201509 2,331.549 98.500 2,528.015
201512 2,362.020 98.100 2,571.496
201603 2,359.694 97.900 2,574.212
201606 2,328.664 98.100 2,535.182
201609 2,392.277 98.000 2,607.094
201612 2,477.597 98.400 2,689.099
201703 2,533.394 98.100 2,758.068
201706 2,550.132 98.500 2,765.016
201709 2,628.553 98.800 2,841.391
201712 2,695.120 99.400 2,895.763
201803 2,707.198 99.200 2,914.604
201806 2,699.022 99.200 2,905.802
201809 2,764.949 99.900 2,955.921
201812 2,743.176 99.700 2,938.528
201903 2,816.018 99.700 3,016.557
201906 2,822.148 99.800 3,020.094
201909 2,893.234 100.100 3,086.887
201912 2,941.383 100.500 3,125.768
202003 2,937.619 100.300 3,127.993
202006 2,959.054 99.900 3,163.433
202009 2,995.915 99.900 3,202.840
202012 3,051.747 99.300 3,282.241
202103 3,165.301 99.900 3,383.925
202106 3,187.299 99.500 3,421.141
202109 3,228.846 100.100 3,444.963
202112 3,254.063 100.100 3,471.867
202203 3,338.146 101.100 3,526.350
202206 3,363.291 101.800 3,528.482
202209 3,454.254 103.100 3,578.218
202212 3,457.948 104.100 3,547.635
202303 3,569.573 104.400 3,651.632
202306 3,659.544 105.200 3,715.202
202309 3,752.150 106.200 3,773.349
202312 3,739.778 106.800 3,739.778

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.


NIKKON Holdings Co  (TSE:9072) 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.


NIKKON Holdings Co Cyclically Adjusted PB Ratio Related Terms

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NIKKON Holdings Co (TSE:9072) Business Description

Traded in Other Exchanges
Address
6-17 Akashi-cho, Chuo-ku, Tokyo, JPN
NIKKON Holdings Co Ltd is a logistics company, domiciled in Japan. The company organizes itself into five segments: shipping, warehousing, packaging, test, and others. The shipping segment, which provides the largest portion of revenue, transports heavy equipment by road, including vehicles, vehicle parts, and machinery. Packaging, the next- largest segment, processes, and packs cargo. The warehousing segment provides storage for cargo. The test segment provides vehicle and machinery testing services. The other segment repairs vehicles leases real estate and sells insurance. The company earns the majority of its revenue in Japan and a small proportion of revenue from North America and Asia.

NIKKON Holdings Co (TSE:9072) Headlines

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