GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Abans Enterprises Ltd (BOM:512165) » Definitions » Cyclically Adjusted Book per Share

Abans Enterprises (BOM:512165) Cyclically Adjusted Book per Share : ₹72.28 (As of Mar. 2024)


View and export this data going back to 2014. Start your Free Trial

What is Abans Enterprises 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.

Abans Enterprises's adjusted book value per share for the three months ended in Mar. 2024 was ₹132.998. 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 ₹72.28 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Abans Enterprises's average Cyclically Adjusted Book Growth Rate was 40.20% 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 (2024-06-02), Abans Enterprises's current stock price is ₹119.40. Abans Enterprises's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₹72.28. Abans Enterprises's Cyclically Adjusted PB Ratio of today is 1.65.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Abans Enterprises was 4.07. The lowest was 1.62. And the median was 2.82.


Abans Enterprises Cyclically Adjusted Book per Share Historical Data

The historical data trend for Abans Enterprises'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.

Abans Enterprises Cyclically Adjusted Book per Share Chart

Abans Enterprises 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 - - - 51.56 72.28

Abans Enterprises 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 51.56 - 61.73 - 72.28

Competitive Comparison of Abans Enterprises's Cyclically Adjusted Book per Share

For the Capital Markets subindustry, Abans Enterprises'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.


Abans Enterprises's Cyclically Adjusted PB Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Abans Enterprises's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Abans Enterprises 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, Abans Enterprises'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)
=132.998/153.0345*153.0345
=132.998

Current CPI (Mar. 2024) = 153.0345.

Abans Enterprises Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 94.103 0.000
201409 0.000 96.780 0.000
201412 0.000 96.780 0.000
201503 2.739 97.163 4.314
201506 0.000 99.841 0.000
201509 33.365 101.753 50.180
201512 0.000 102.901 0.000
201603 10.406 102.518 15.534
201606 0.000 105.961 0.000
201609 10.458 105.961 15.104
201612 0.000 105.196 0.000
201703 10.484 105.196 15.252
201706 0.000 107.109 0.000
201709 10.545 109.021 14.802
201712 0.000 109.404 0.000
201803 10.609 109.786 14.788
201806 0.000 111.317 0.000
201809 11.078 115.142 14.724
201812 0.000 115.142 0.000
201903 11.619 118.202 15.043
201906 0.000 120.880 0.000
201909 23.383 123.175 29.051
201912 0.000 126.235 0.000
202003 39.198 124.705 48.103
202006 0.000 127.000 0.000
202009 111.530 130.118 131.173
202012 0.000 130.889 0.000
202103 137.564 131.771 159.763
202106 0.000 134.084 0.000
202109 143.744 135.847 161.931
202112 0.000 138.161 0.000
202203 146.576 138.822 161.583
202206 0.000 142.347 0.000
202209 119.320 144.661 126.227
202212 0.000 145.763 0.000
202303 125.696 146.865 130.977
202306 0.000 150.280 0.000
202309 130.382 151.492 131.710
202312 0.000 152.924 0.000
202403 132.998 153.035 132.998

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


Abans Enterprises  (BOM:512165) 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.

Abans Enterprises's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=119.40/72.28
=1.65

* 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 Abans Enterprises was 4.07. The lowest was 1.62. And the median was 2.82.


Be Aware

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


Abans Enterprises Cyclically Adjusted Book per Share Related Terms

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


Abans Enterprises (BOM:512165) Business Description

Traded in Other Exchanges
N/A
Address
227 Nariman Bhavan, 36, 37, 38A, 3rd Floor, Backbay Reclamation, Nariman Point, Mumbai, MH, IND, 400 021
Abans Enterprises Ltd is involved in the business of trading, processing, broking, and consulting in commodities, agricultural products, precious metals, shares, and derivatives in electronic exchanges. The company's operating segment includes General Trading of commodities and Trading in Derivatives. It generates maximum revenue from the General Trading of commodities segment.

Abans Enterprises (BOM:512165) Headlines

No Headlines