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Nissan Motor Co (WBO:NISA) Cyclically Adjusted PB Ratio : 0.41 (As of Jun. 08, 2024)


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What is Nissan Motor Co Cyclically Adjusted PB Ratio?

As of today (2024-06-08), Nissan Motor Co's current share price is €3.1865. Nissan Motor Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €7.84. Nissan Motor Co's Cyclically Adjusted PB Ratio for today is 0.41.

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

WBO:NISA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.29   Med: 0.98   Max: 1.59
Current: 0.43

During the past years, Nissan Motor Co's highest Cyclically Adjusted PB Ratio was 1.59. The lowest was 0.29. And the median was 0.98.

WBO:NISA's Cyclically Adjusted PB Ratio is ranked better than
86.8% of 1000 companies
in the Vehicles & Parts industry
Industry Median: 1.33 vs WBO:NISA: 0.43

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.

Nissan Motor Co's adjusted book value per share data for the three months ended in Mar. 2024 was €9.821. 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 €7.84 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nissan Motor Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Nissan Motor 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.

Nissan Motor Co Cyclically Adjusted PB Ratio Chart

Nissan Motor 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 0.33 0.56 0.48 0.41 0.47

Nissan Motor 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 0.41 0.47 0.52 0.43 0.47

Competitive Comparison of Nissan Motor Co's Cyclically Adjusted PB Ratio

For the Auto Manufacturers subindustry, Nissan Motor 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.


Nissan Motor Co's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Nissan Motor Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Nissan Motor 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3.1865/7.84
=0.41

* 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.

Nissan Motor Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Nissan Motor Co's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=9.821/107.2000*107.2000
=9.821

Current CPI (Mar. 2024) = 107.2000.

Nissan Motor Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 7.371 98.000 8.063
201409 7.763 98.500 8.449
201412 7.637 97.900 8.362
201503 8.852 97.900 9.693
201506 8.472 98.400 9.230
201509 8.721 98.500 9.491
201512 8.882 98.100 9.706
201603 9.007 97.900 9.863
201606 9.120 98.100 9.966
201609 9.349 98.000 10.227
201612 9.399 98.400 10.240
201703 10.293 98.100 11.248
201706 10.026 98.500 10.912
201709 9.850 98.800 10.687
201712 10.160 99.400 10.957
201803 10.557 99.200 11.408
201806 10.548 99.200 11.399
201809 10.709 99.900 11.492
201812 10.695 99.700 11.500
201903 10.791 99.700 11.603
201906 10.738 99.800 11.534
201909 10.995 100.100 11.775
201912 10.650 100.500 11.360
202003 8.733 100.300 9.334
202006 7.821 99.900 8.393
202009 7.486 99.900 8.033
202012 7.437 99.300 8.029
202103 7.788 99.900 8.357
202106 7.877 99.500 8.487
202109 8.201 100.100 8.783
202112 8.485 100.100 9.087
202203 8.961 101.100 9.502
202206 8.837 101.800 9.306
202209 9.199 103.100 9.565
202212 9.066 104.100 9.336
202303 9.160 104.400 9.406
202306 9.155 105.200 9.329
202309 9.404 106.200 9.493
202312 8.997 106.800 9.031
202403 9.821 107.200 9.821

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.


Nissan Motor Co  (WBO:NISA) 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.


Nissan Motor Co Cyclically Adjusted PB Ratio Related Terms

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


Nissan Motor Co (WBO:NISA) Business Description

Traded in Other Exchanges
Address
1-1, Takashima 1-chome, Nishi-ku, Yokohama-shi, Kanagawa, JPN, 220-8686
While Nissan sold 3.3 million vehicles last fiscal year, total calendar 2022 Renault-Nissan-Mitsubishi alliance sales volume of 6.5 million vehicles makes the group the fourth-largest vehicle seller in the world, behind Toyota at 10.3 million, Volkswagen at 8.5 million, and Hyundai/Kia with 6.8 million vehicles sold. Nissan's financial services subsidiary provides consumers with auto loans and leases but also finances Nissan's sales to its dealerships (known as floor-plan financing). Nissan is 43.4% owned by Renault, while Nissan in turn owns 15% of Renault. Nissan also owns a 34% stake in Mitsubishi Motors. Under a new alliance agreement expected to be completed before the end of December 2023, Nissan and Renault will have cross-shareholding capped at 15% voting rights for each company.

Nissan Motor Co (WBO:NISA) Headlines

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