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Salzer Electronics (BOM:517059) Cyclically Adjusted Book per Share : ₹230.57 (As of Mar. 2024)


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What is Salzer Electronics 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.

Salzer Electronics's adjusted book value per share for the three months ended in Mar. 2024 was ₹272.375. 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 ₹230.57 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Salzer Electronics's average Cyclically Adjusted Book Growth Rate was 9.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 9.80% 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 Salzer Electronics was 9.80% per year. The lowest was 9.80% per year. And the median was 9.80% per year.

As of today (2024-06-03), Salzer Electronics's current stock price is ₹703.45. Salzer Electronics's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₹230.57. Salzer Electronics's Cyclically Adjusted PB Ratio of today is 3.05.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Salzer Electronics was 3.63. The lowest was 0.54. And the median was 1.13.


Salzer Electronics Cyclically Adjusted Book per Share Historical Data

The historical data trend for Salzer Electronics'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.

Salzer Electronics Cyclically Adjusted Book per Share Chart

Salzer Electronics 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 - 174.35 190.82 210.60 230.57

Salzer Electronics 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 210.60 - 222.56 - 230.57

Competitive Comparison of Salzer Electronics's Cyclically Adjusted Book per Share

For the Electrical Equipment & Parts subindustry, Salzer Electronics'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.


Salzer Electronics's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Salzer Electronics's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Salzer Electronics 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, Salzer Electronics'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)
=272.375/153.0345*153.0345
=272.375

Current CPI (Mar. 2024) = 153.0345.

Salzer Electronics Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 94.103 0.000
201409 99.060 96.780 156.639
201412 0.000 96.780 0.000
201503 104.972 97.163 165.334
201506 0.000 99.841 0.000
201509 140.386 101.753 211.137
201512 0.000 102.901 0.000
201603 151.356 102.518 225.937
201606 0.000 105.961 0.000
201609 144.450 105.961 208.622
201612 0.000 105.196 0.000
201703 162.079 105.196 235.785
201706 0.000 107.109 0.000
201709 168.040 109.021 235.880
201712 0.000 109.404 0.000
201803 180.440 109.786 251.521
201806 0.000 111.317 0.000
201809 172.839 115.142 229.719
201812 0.000 115.142 0.000
201903 179.566 118.202 232.481
201906 0.000 120.880 0.000
201909 184.924 123.175 229.752
201912 0.000 126.235 0.000
202003 193.983 124.705 238.050
202006 0.000 127.000 0.000
202009 198.223 130.118 233.134
202012 0.000 130.889 0.000
202103 207.989 131.771 241.552
202106 0.000 134.084 0.000
202109 213.850 135.847 240.907
202112 0.000 138.161 0.000
202203 221.422 138.822 244.091
202206 0.000 142.347 0.000
202209 221.421 144.661 234.237
202212 0.000 145.763 0.000
202303 251.942 146.865 262.526
202306 0.000 150.280 0.000
202309 259.118 151.492 261.756
202312 0.000 152.924 0.000
202403 272.375 153.035 272.375

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


Salzer Electronics  (BOM:517059) 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.

Salzer Electronics's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=703.45/230.57
=3.05

* 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 Salzer Electronics was 3.63. The lowest was 0.54. And the median was 1.13.


Be Aware

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


Salzer Electronics Cyclically Adjusted Book per Share Related Terms

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


Salzer Electronics (BOM:517059) Business Description

Traded in Other Exchanges
Address
Samichettipalayam, Jothipuram, Coimbatore, TN, IND, 641047
Salzer Electronics Ltd is engaged in manufacturing cam-operated rotary switches, selector switches, wiring ducts, voltmeter switches, and allied products. Salzer Electronics has four business divisions that are industrial switchgears, copper business, building products, and energy savers. The wires and cables segment generates maximum revenue for the company.

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