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RR Metalmakers India (BOM:531667) Cyclically Adjusted Book per Share : ₹11.14 (As of Mar. 2024)


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What is RR Metalmakers India Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

RR Metalmakers India's adjusted book value per share for the three months ended in Mar. 2024 was ₹8.442. 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 ₹11.14 for the trailing ten years ended in Mar. 2024.

During the past 12 months, RR Metalmakers India's average Cyclically Adjusted Book Growth Rate was -7.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -6.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of RR Metalmakers India was -6.10% per year. The lowest was -6.10% per year. And the median was -6.10% per year.

As of today (2024-06-06), RR Metalmakers India's current stock price is ₹46.32. RR Metalmakers India's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₹11.14. RR Metalmakers India's Cyclically Adjusted PB Ratio of today is 4.16.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of RR Metalmakers India was 4.93. The lowest was 1.54. And the median was 2.76.


RR Metalmakers India Cyclically Adjusted Book per Share Historical Data

The historical data trend for RR Metalmakers India's Cyclically Adjusted Book per Share 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.

RR Metalmakers India Cyclically Adjusted Book per Share Chart

RR Metalmakers India Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 13.47 12.49 12.07 11.14

RR Metalmakers India Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Book per Share 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 12.07 - - - 11.14

Competitive Comparison of RR Metalmakers India's Cyclically Adjusted Book per Share

For the Steel subindustry, RR Metalmakers India'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.


RR Metalmakers India's Cyclically Adjusted PB Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, RR Metalmakers India's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where RR Metalmakers India's Cyclically Adjusted PB Ratio falls into.



RR Metalmakers India Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, RR Metalmakers India'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)
=8.442/153.0345*153.0345
=8.442

Current CPI (Mar. 2024) = 153.0345.

RR Metalmakers India Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 94.103 0.000
201409 12.372 96.780 19.563
201412 0.000 96.780 0.000
201503 8.373 97.163 13.188
201506 0.000 99.841 0.000
201509 6.520 101.753 9.806
201512 0.000 102.901 0.000
201603 7.071 102.518 10.555
201606 0.000 105.961 0.000
201609 3.671 105.961 5.302
201612 0.000 105.196 0.000
201703 9.320 105.196 13.558
201706 0.000 107.109 0.000
201709 8.338 109.021 11.704
201712 0.000 109.404 0.000
201803 12.712 109.786 17.720
201806 0.000 111.317 0.000
201809 13.520 115.142 17.969
201812 0.000 115.142 0.000
201903 12.708 118.202 16.453
201906 0.000 120.880 0.000
201909 6.564 123.175 8.155
201912 0.000 126.235 0.000
202003 6.046 124.705 7.419
202006 0.000 127.000 0.000
202009 4.024 130.118 4.733
202012 0.000 130.889 0.000
202103 9.914 131.771 11.514
202106 0.000 134.084 0.000
202109 10.024 135.847 11.292
202112 0.000 138.161 0.000
202203 8.429 138.822 9.292
202206 0.000 142.347 0.000
202209 6.980 144.661 7.384
202212 0.000 145.763 0.000
202303 7.282 146.865 7.588
202306 0.000 150.280 0.000
202309 0.000 151.492 0.000
202312 0.000 152.924 0.000
202403 8.442 153.035 8.442

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


RR Metalmakers India  (BOM:531667) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

RR Metalmakers India's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=46.32/11.14
=4.16

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of RR Metalmakers India was 4.93. The lowest was 1.54. And the median was 2.76.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


RR Metalmakers India Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of RR Metalmakers India's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


RR Metalmakers India (BOM:531667) Business Description

Industry
Traded in Other Exchanges
N/A
Address
93/95, Kazi Sayed Street, 2nd Floor, Sugar House, Masjid Bunder West, Mumbai, MH, IND, 400 003
RR Metalmakers India Ltd is engaged in the trading business of Steel and Iron Ores segments. It offers ERW PIPES, PPGI COLOUR COILS, PPGI courrgated profile sheets, Galvanised G.P. coils/sheets, Galvanised corrugated sheets, Hot Rolled Steel Coils / Sheets, etc. The company operates in two segments which are the Trade and manufacturing of Iron Ores and Steel. It generates key revenue from Steel and Iron Ores Trading.

RR Metalmakers India (BOM:531667) Headlines

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