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Nihon M&A Center Holdings (TSE:2127) Cyclically Adjusted PB Ratio : 7.59 (As of May. 24, 2024)


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What is Nihon M&A Center Holdings Cyclically Adjusted PB Ratio?

As of today (2024-05-24), Nihon M&A Center Holdings's current share price is 円750.10. Nihon M&A Center Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円98.87. Nihon M&A Center Holdings's Cyclically Adjusted PB Ratio for today is 7.59.

The historical rank and industry rank for Nihon M&A Center Holdings's Cyclically Adjusted PB Ratio or its related term are showing as below:

TSE:2127' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 6.83   Med: 36.9   Max: 66.74
Current: 7.81

During the past years, Nihon M&A Center Holdings's highest Cyclically Adjusted PB Ratio was 66.74. The lowest was 6.83. And the median was 36.90.

TSE:2127's Cyclically Adjusted PB Ratio is ranked worse than
92.24% of 490 companies
in the Capital Markets industry
Industry Median: 1.17 vs TSE:2127: 7.81

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.

Nihon M&A Center Holdings's adjusted book value per share data for the three months ended in Dec. 2023 was 円145.832. 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98.87 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nihon M&A Center Holdings Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Nihon M&A Center Holdings'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.

Nihon M&A Center Holdings Cyclically Adjusted PB Ratio Chart

Nihon M&A Center Holdings 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 30.58 50.66 23.72 11.12 -

Nihon M&A Center Holdings 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 11.12 11.96 7.53 7.87 -

Competitive Comparison of Nihon M&A Center Holdings's Cyclically Adjusted PB Ratio

For the Capital Markets subindustry, Nihon M&A Center Holdings'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.


Nihon M&A Center Holdings's Cyclically Adjusted PB Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Nihon M&A Center Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Nihon M&A Center Holdings's Cyclically Adjusted PB Ratio falls into.



Nihon M&A Center Holdings 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.

Nihon M&A Center Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=750.10/98.87
=7.59

* 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.

Nihon M&A Center Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Nihon M&A Center Holdings'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)
=145.832/106.8000*106.8000
=145.832

Current CPI (Dec. 2023) = 106.8000.

Nihon M&A Center Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201403 34.084 95.700 38.037
201406 34.018 98.000 37.073
201409 37.225 98.500 40.362
201412 39.491 97.900 43.081
201503 42.093 97.900 45.920
201506 43.596 98.400 47.318
201509 47.359 98.500 51.350
201512 49.646 98.100 54.049
201603 52.403 97.900 57.167
201606 53.390 98.100 58.125
201609 60.957 98.000 66.431
201612 46.764 98.400 50.756
201703 50.619 98.100 55.108
201706 54.719 98.500 59.330
201709 62.732 98.800 67.812
201712 65.788 99.400 70.686
201803 68.545 99.200 73.796
201806 68.778 99.200 74.047
201809 77.806 99.900 83.180
201812 80.247 99.700 85.962
201903 84.520 99.700 90.539
201906 86.701 99.800 92.782
201909 104.303 100.100 111.284
201912 106.992 100.500 113.699
202003 110.062 100.300 117.195
202006 113.400 99.900 121.232
202009 129.164 99.900 138.085
202012 131.762 99.300 141.714
202103 134.556 99.900 143.850
202106 141.363 99.500 151.734
202109 154.147 100.100 164.465
202112 151.279 100.100 161.405
202203 153.559 101.100 162.217
202206 151.115 101.800 158.537
202209 160.274 103.100 166.026
202212 156.331 104.100 160.386
202303 164.523 104.400 168.305
202306 137.229 105.200 139.316
202309 145.643 106.200 146.466
202312 145.832 106.800 145.832

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.


Nihon M&A Center Holdings  (TSE:2127) 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.


Nihon M&A Center Holdings Cyclically Adjusted PB Ratio Related Terms

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Nihon M&A Center Holdings (TSE:2127) Business Description

Traded in Other Exchanges
Address
1-8-2, Marunouchi, 24th Floor, Tekko Building, Chiyoda-ku, Tokyo, JPN, 100-0005
Nihon M&A Center Holdings Inc is a Japan-based company involved in the merger and acquisition brokerage business. It offers M & A intermediary, corporate assessment, management buyout support, restructuring aid, corporate advisory, capital planning policy and management, and consulting services. The company is also involved in the corporate assessment business, calculating the reference price of enterprise value.

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