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Safari Industries (India) (BOM:523025) Cyclically Adjusted Book per Share : ₹53.60 (As of Mar. 2024)


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What is Safari Industries (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.

Safari Industries (India)'s adjusted book value per share for the three months ended in Mar. 2024 was ₹168.857. 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 ₹53.60 for the trailing ten years ended in Mar. 2024.

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 (2024-06-01), Safari Industries (India)'s current stock price is ₹1969.70. Safari Industries (India)'s Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₹53.60. Safari Industries (India)'s Cyclically Adjusted PB Ratio of today is 36.75.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Safari Industries (India) was 51.24. The lowest was 36.74. And the median was 46.63.


Safari Industries (India) Cyclically Adjusted Book per Share Historical Data

The historical data trend for Safari Industries (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.

Safari Industries (India) Cyclically Adjusted Book per Share Chart

Safari Industries (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 - - - - 53.60

Safari Industries (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 - - 43.90 - 53.60

Competitive Comparison of Safari Industries (India)'s Cyclically Adjusted Book per Share

For the Footwear & Accessories subindustry, Safari Industries (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.


Safari Industries (India)'s Cyclically Adjusted PB Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Safari Industries (India)'s Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Safari Industries (India)'s Cyclically Adjusted PB Ratio falls into.



Safari Industries (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, Safari Industries (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)
=168.857/153.0345*153.0345
=168.857

Current CPI (Mar. 2024) = 153.0345.

Safari Industries (India) Quarterly Data

Book Value per Share CPI Adj_Book
201103 4.532 70.768 9.800
201112 0.000 75.359 0.000
201203 4.294 76.889 8.547
201206 0.000 79.567 0.000
201209 0.000 82.244 0.000
201212 0.000 83.774 0.000
201303 4.086 85.687 7.297
201306 0.000 88.365 0.000
201309 4.155 91.042 6.984
201312 0.000 91.425 0.000
201403 4.125 91.425 6.905
201406 0.000 94.103 0.000
201409 18.075 96.780 28.581
201412 0.000 96.780 0.000
201503 19.192 97.163 30.228
201506 0.000 99.841 0.000
201603 22.076 102.518 32.954
201703 24.334 105.196 35.400
201803 38.841 109.786 54.142
201903 44.918 118.202 58.155
201906 0.000 120.880 0.000
201909 48.289 123.175 59.995
201912 0.000 126.235 0.000
202003 51.560 124.705 63.273
202006 0.000 127.000 0.000
202009 45.248 130.118 53.217
202012 0.000 130.889 0.000
202103 62.312 131.771 72.367
202106 0.000 134.084 0.000
202109 65.137 135.847 73.378
202112 0.000 138.161 0.000
202203 67.216 138.822 74.098
202206 0.000 142.347 0.000
202209 74.596 144.661 78.914
202212 0.000 145.763 0.000
202303 89.772 146.865 93.543
202306 0.000 150.280 0.000
202309 107.966 151.492 109.065
202312 0.000 152.924 0.000
202403 168.857 153.035 168.857

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


Safari Industries (India)  (BOM:523025) 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.

Safari Industries (India)'s Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1969.70/53.6
=36.75

* 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 Safari Industries (India) was 51.24. The lowest was 36.74. And the median was 46.63.


Be Aware

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


Safari Industries (India) Cyclically Adjusted Book per Share Related Terms

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


Safari Industries (India) (BOM:523025) Business Description

Traded in Other Exchanges
Address
A/2, MV Road, 302-303, A Wing, The Qube, CTS No. 1498, Marol, Andheri (East), Mumbai, MH, IND, 400059
Safari Industries (India) Ltd is an India-based company primarily engaged in the manufacturing and marketing of luggage and luggage accessories. It offers Hard luggage cases, Soft luggage cases, and Backpacks. The company's product range includes Laptop bags, Backpacks, Suitcase, Four and two-wheel trolleys, Duffle bags, and Rolling duffle bags, among others.

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