GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Nintendo Co Ltd (TSE:7974) » Definitions » Cyclically Adjusted PB Ratio

Nintendo Co (TSE:7974) Cyclically Adjusted PB Ratio : 5.50 (As of Apr. 27, 2024)


View and export this data going back to 1983. Start your Free Trial

What is Nintendo Co Cyclically Adjusted PB Ratio?

As of today (2024-04-27), Nintendo Co's current share price is 円7649.00. Nintendo Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円1,391.63. Nintendo Co's Cyclically Adjusted PB Ratio for today is 5.50.

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

TSE:7974' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.46   Med: 4.37   Max: 6.41
Current: 5.5

During the past years, Nintendo Co's highest Cyclically Adjusted PB Ratio was 6.41. The lowest was 1.46. And the median was 4.37.

TSE:7974's Cyclically Adjusted PB Ratio is ranked worse than
86.36% of 286 companies
in the Interactive Media industry
Industry Median: 1.555 vs TSE:7974: 5.50

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.

Nintendo Co's adjusted book value per share data for the three months ended in Dec. 2023 was 円2,128.744. 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1,391.63 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nintendo Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Nintendo 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.

Nintendo Co Cyclically Adjusted PB Ratio Chart

Nintendo Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.08 3.97 5.69 5.30 3.99

Nintendo Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 4.39 3.99 4.96 4.59 5.29

Competitive Comparison of Nintendo Co's Cyclically Adjusted PB Ratio

For the Electronic Gaming & Multimedia subindustry, Nintendo 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.


Nintendo Co's Cyclically Adjusted PB Ratio Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Nintendo Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Nintendo 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=7649.00/1391.63
=5.50

* 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.

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

For example, Nintendo 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)
=2128.744/106.8000*106.8000
=2,128.744

Current CPI (Dec. 2023) = 106.8000.

Nintendo Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 944.702 95.700 1,054.276
201406 920.910 98.000 1,003.604
201409 954.542 98.500 1,034.975
201412 1,015.599 97.900 1,107.926
201503 986.249 97.900 1,075.908
201506 1,011.803 98.400 1,098.176
201509 1,005.019 98.500 1,089.706
201512 1,019.532 98.100 1,109.949
201603 966.275 97.900 1,054.118
201606 910.347 98.100 991.081
201609 968.789 98.000 1,055.782
201612 1,054.173 98.400 1,144.163
201703 1,041.255 98.100 1,133.599
201706 1,025.357 98.500 1,111.758
201709 1,058.882 98.800 1,144.621
201712 1,119.052 99.400 1,202.362
201803 1,098.042 99.200 1,182.166
201806 1,085.161 99.200 1,168.298
201809 1,124.948 99.900 1,202.647
201812 1,181.663 99.700 1,265.814
201903 1,183.389 99.700 1,267.662
201906 1,128.374 99.800 1,207.518
201909 1,163.861 100.100 1,241.762
201912 1,257.772 100.500 1,336.617
202003 1,293.346 100.300 1,377.162
202006 1,304.421 99.900 1,394.516
202009 1,401.598 99.900 1,498.405
202012 1,457.323 99.300 1,567.393
202103 1,573.474 99.900 1,682.152
202106 1,514.524 99.500 1,625.640
202109 1,523.852 100.100 1,625.848
202112 1,640.310 100.100 1,750.101
202203 1,763.558 101.100 1,862.987
202206 1,748.261 101.800 1,834.128
202209 1,870.569 103.100 1,937.699
202212 1,866.339 104.100 1,914.745
202303 1,946.552 104.400 1,991.300
202306 2,027.582 105.200 2,058.420
202309 2,119.423 106.200 2,131.397
202312 2,128.744 106.800 2,128.744

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.


Nintendo Co  (TSE:7974) 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.


Nintendo Co Cyclically Adjusted PB Ratio Related Terms

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


Nintendo Co (TSE:7974) Business Description

Address
11-1 Hokotate-cho, Kamitoba, Minami-ku, Kyoto, JPN, 601-8501
Nintendo started its video game console business in 1983 by launching the NES, and started its portable console business in 1989 by launching the Game Boy. Since then, the firm has focused on expanding the gaming population by delivering unique entertainment experiences on its original console systems; the Wii and Nintendo DS are its most popular hardware. However, Nintendo not only makes game consoles, but also owns world-renowned IPs such as Super Mario, Pokemon, and Zelda, which have been a source of cash flow for 40 years. 2020 was the 35th anniversary of Super Mario, Nintendo's most famous character.

Nintendo Co (TSE:7974) Headlines

No Headlines