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Crest Ventures (BOM:511413) Cyclically Adjusted Book per Share : ₹242.09 (As of Mar. 2024)


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What is Crest Ventures 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.

Crest Ventures's adjusted book value per share for the three months ended in Mar. 2024 was ₹391.753. 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 ₹242.09 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Crest Ventures's average Cyclically Adjusted Book Growth Rate was 14.60% 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.

As of today (2024-06-08), Crest Ventures's current stock price is ₹375.55. Crest Ventures's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₹242.09. Crest Ventures's Cyclically Adjusted PB Ratio of today is 1.55.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Crest Ventures was 1.71. The lowest was 0.74. And the median was 0.96.


Crest Ventures Cyclically Adjusted Book per Share Historical Data

The historical data trend for Crest Ventures'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.

Crest Ventures Cyclically Adjusted Book per Share Chart

Crest Ventures 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 - - 190.38 211.16 242.09

Crest Ventures 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 211.16 - 228.31 - 242.09

Competitive Comparison of Crest Ventures's Cyclically Adjusted Book per Share

For the Financial Conglomerates subindustry, Crest Ventures'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.


Crest Ventures's Cyclically Adjusted PB Ratio Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Crest Ventures's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Crest Ventures's Cyclically Adjusted PB Ratio falls into.



Crest Ventures 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, Crest Ventures'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)
=391.753/153.0345*153.0345
=391.753

Current CPI (Mar. 2024) = 153.0345.

Crest Ventures Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 94.103 0.000
201409 100.357 96.780 158.690
201412 0.000 96.780 0.000
201503 107.181 97.163 168.813
201506 0.000 99.841 0.000
201509 113.740 101.753 171.062
201512 0.000 102.901 0.000
201603 125.035 102.518 186.646
201606 0.000 105.961 0.000
201609 103.431 105.961 149.380
201612 0.000 105.196 0.000
201703 128.038 105.196 186.264
201706 0.000 107.109 0.000
201709 151.450 109.021 212.592
201712 0.000 109.404 0.000
201803 164.122 109.786 228.774
201806 0.000 111.317 0.000
201809 177.189 115.142 235.501
201812 0.000 115.142 0.000
201903 185.966 118.202 240.767
201906 0.000 120.880 0.000
201909 193.620 123.175 240.556
201912 0.000 126.235 0.000
202003 200.831 124.705 246.454
202006 0.000 127.000 0.000
202009 200.898 130.118 236.281
202012 0.000 130.889 0.000
202103 203.156 131.771 235.940
202106 0.000 134.084 0.000
202109 205.412 135.847 231.401
202112 0.000 138.161 0.000
202203 207.529 138.822 228.776
202206 0.000 142.347 0.000
202209 340.367 144.661 360.068
202212 0.000 145.763 0.000
202303 343.908 146.865 358.356
202306 0.000 150.280 0.000
202309 369.881 151.492 373.647
202312 0.000 152.924 0.000
202403 391.753 153.035 391.753

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


Crest Ventures  (BOM:511413) 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.

Crest Ventures's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=375.55/242.09
=1.55

* 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 Crest Ventures was 1.71. The lowest was 0.74. And the median was 0.96.


Be Aware

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


Crest Ventures Cyclically Adjusted Book per Share Related Terms

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


Crest Ventures (BOM:511413) Business Description

Traded in Other Exchanges
Address
111, Maker Chambers IV, Nariman Point, 11th Floor, Mumbai, MH, IND, 400021
Crest Ventures Ltd is a non-banking finance company. Its operating segment includes Broking and intermediary activities; Real estate and related activities; Investing and financial activities and Others. Broking and intermediary services includes broking and related intermediary services in the wholesale debt market, foreign exchange markets, options and swaps, mutual fund and portfolio management services. Investing and financial services of the group includes investing in subsidiary, associates , joint ventures and other entities, dealing in fixed income securities market and advancing of inter-corporate loans.

Crest Ventures (BOM:511413) Headlines

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