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Nikon SLM Solutions AG (Nikon SLM Solutions AG) Cyclically Adjusted PB Ratio : 8.00 (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 $20.72. Nikon SLM Solutions AG's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2023 was $2.59. Nikon SLM Solutions AG's Cyclically Adjusted PB Ratio for today is 8.00.

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

SLGRF' 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.

SLGRF's Cyclically Adjusted PB Ratio is not ranked
in the Industrial Products industry.
Industry Median: 1.89 vs SLGRF: 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 $3.035. 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 $2.59 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
=20.72/2.59
=8.00

* 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)
=3.035/123.1404*123.1404
=3.035

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 1.119 99.356 1.387
201403 1.674 99.543 2.071
201406 7.214 99.543 8.924
201409 6.845 99.823 8.444
201412 6.655 99.543 8.233
201503 5.804 99.717 7.167
201506 5.888 100.417 7.220
201509 5.908 100.417 7.245
201512 5.998 99.717 7.407
201603 6.003 100.017 7.391
201606 6.003 100.717 7.340
201609 5.801 101.017 7.071
201612 5.585 101.217 6.795
201703 5.436 101.417 6.600
201706 5.589 102.117 6.740
201709 5.794 102.717 6.946
201712 6.130 102.617 7.356
201803 6.142 102.917 7.349
201806 5.612 104.017 6.644
201809 5.471 104.718 6.434
201812 5.004 104.217 5.913
201903 4.823 104.217 5.699
201906 3.554 105.718 4.140
201909 3.202 106.018 3.719
201912 2.501 105.818 2.910
202003 2.113 105.718 2.461
202006 1.793 106.618 2.071
202009 1.484 105.818 1.727
202012 0.970 105.518 1.132
202103 0.642 107.518 0.735
202106 0.320 108.486 0.363
202109 1.732 109.435 1.949
202112 1.626 110.384 1.814
202203 1.235 113.968 1.334
202206 1.291 115.760 1.373
202209 2.789 118.818 2.890
202212 2.644 119.345 2.728
202303 3.246 122.402 3.266
202306 3.035 123.140 3.035

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  (OTCPK:SLGRF) 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 (Nikon SLM Solutions AG) 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 (Nikon SLM Solutions AG) Headlines