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Nikon SLM Solutions AG (LTS:0QUC) Cyclically Adjusted PB Ratio : 4.61 (As of Jun. 08, 2024)


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What is Nikon SLM Solutions AG Cyclically Adjusted PB Ratio?

As of today (2024-06-08), Nikon SLM Solutions AG's current share price is €21.10211. Nikon SLM Solutions AG's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2023 was €4.58. Nikon SLM Solutions AG's Cyclically Adjusted PB Ratio for today is 4.61.

The historical rank and industry rank for Nikon SLM Solutions AG's Cyclically Adjusted PB Ratio or its related term are showing as below:

LTS:0QUC' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.7   Med: 4.63   Max: 5.17
Current: 4.63

During the past years, Nikon SLM Solutions AG's highest Cyclically Adjusted PB Ratio was 5.17. The lowest was 2.70. And the median was 4.63.

LTS:0QUC's Cyclically Adjusted PB Ratio is not ranked
in the Industrial Products industry.
Industry Median: 1.89 vs LTS:0QUC: 4.63

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.

Nikon SLM Solutions AG's adjusted book value per share data for the three months ended in Jun. 2023 was €2.801. 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 €4.58 for the trailing ten years ended in Jun. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nikon SLM Solutions AG Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Nikon SLM Solutions AG'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.

Nikon SLM Solutions AG Cyclically Adjusted PB Ratio Chart

Nikon SLM Solutions AG Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 4.11

Nikon SLM Solutions AG Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 2.75 4.93 4.11 4.69 4.60

Competitive Comparison of Nikon SLM Solutions AG's Cyclically Adjusted PB Ratio

For the Specialty Industrial Machinery subindustry, Nikon SLM Solutions AG'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.


Nikon SLM Solutions AG's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Nikon SLM Solutions AG's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Nikon SLM Solutions AG's Cyclically Adjusted PB Ratio falls into.



Nikon SLM Solutions AG 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.

Nikon SLM Solutions AG's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=21.10211/4.58
=4.61

* 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.

Nikon SLM Solutions AG's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2023 is calculated as:

For example, Nikon SLM Solutions AG's adjusted Book Value per Share data for the three months ended in Jun. 2023 was:

Adj_Book=Book Value per Share/CPI of Jun. 2023 (Change)*Current CPI (Jun. 2023)
=2.801/123.1404*123.1404
=2.801

Current CPI (Jun. 2023) = 123.1404.

Nikon SLM Solutions AG Quarterly Data

Book Value per Share CPI Adj_Book
201309 0.000 98.983 0.000
201312 0.817 99.356 1.013
201403 1.210 99.543 1.497
201406 5.310 99.543 6.569
201409 5.312 99.823 6.553
201412 5.397 99.543 6.676
201503 5.363 99.717 6.623
201506 5.246 100.417 6.433
201509 5.264 100.417 6.455
201512 5.506 99.717 6.799
201603 5.390 100.017 6.636
201606 5.343 100.717 6.533
201609 5.169 101.017 6.301
201612 5.295 101.217 6.442
201703 5.082 101.417 6.171
201706 4.975 102.117 5.999
201709 4.861 102.717 5.828
201712 5.180 102.617 6.216
201803 4.981 102.917 5.960
201806 4.804 104.017 5.687
201809 4.689 104.718 5.514
201812 4.398 104.217 5.197
201903 4.268 104.217 5.043
201906 3.145 105.718 3.663
201909 2.908 106.018 3.378
201912 2.251 105.818 2.619
202003 1.912 105.718 2.227
202006 1.592 106.618 1.839
202009 1.260 105.818 1.466
202012 0.797 105.518 0.930
202103 0.539 107.518 0.617
202106 0.266 108.486 0.302
202109 1.473 109.435 1.657
202112 1.439 110.384 1.605
202203 1.121 113.968 1.211
202206 1.221 115.760 1.299
202209 2.817 118.818 2.919
202212 2.496 119.345 2.575
202303 3.032 122.402 3.050
202306 2.801 123.140 2.801

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.


Nikon SLM Solutions AG  (LTS:0QUC) 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.


Nikon SLM Solutions AG Cyclically Adjusted PB Ratio Related Terms

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


Nikon SLM Solutions AG (LTS:0QUC) Business Description

Traded in Other Exchanges
N/A
Address
Estlandring 4, Lubeck, SH, DEU, 23564
Nikon SLM Solutions AG Formerly SLM Solutions Group AG is a developer of industrial metal 3D printing machines focused on metal additive manufacturing and multi-laser technology for the aerospace and defense, automotive, energy, healthcare, tooling, and research markets. The company focuses on the development, production, and sale of machines for selective laser melting. It also focuses on research and development of technology in the manufacturing area, providing customer training sessions, consulting and financing services, machine-related services, the sale of replacement parts and accessories, and also the sale of merchandise. SLM manages its business in two segments namely the Machine Sales segment and the After-sales segment.

Nikon SLM Solutions AG (LTS:0QUC) Headlines

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