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The Shipping of India (BOM:523598) Cyclically Adjusted Book per Share : ₹201.13 (As of Mar. 2024)


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What is The Shipping of 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.

The Shipping of India's adjusted book value per share for the three months ended in Mar. 2024 was ₹161.862. 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 ₹201.13 for the trailing ten years ended in Mar. 2024.

During the past 12 months, The Shipping of India's average Cyclically Adjusted Book Growth Rate was -0.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -3.50% 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 The Shipping of India was -3.50% per year. The lowest was -3.50% per year. And the median was -3.50% per year.

As of today (2024-06-01), The Shipping of India's current stock price is ₹245.60. The Shipping of India's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₹201.13. The Shipping of India's Cyclically Adjusted PB Ratio of today is 1.22.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of The Shipping of India was 1.31. The lowest was 0.26. And the median was 0.38.


The Shipping of India Cyclically Adjusted Book per Share Historical Data

The historical data trend for The Shipping of 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.

The Shipping of India Cyclically Adjusted Book per Share Chart

The Shipping of 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 - 223.80 220.13 201.75 201.13

The Shipping of 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 201.75 - 201.15 - 201.13

Competitive Comparison of The Shipping of India's Cyclically Adjusted Book per Share

For the Marine Shipping subindustry, The Shipping of 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.


The Shipping of India's Cyclically Adjusted PB Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, The Shipping of India's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



The Shipping of 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, The Shipping of 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)
=161.862/153.0345*153.0345
=161.862

Current CPI (Mar. 2024) = 153.0345.

The Shipping of India Quarterly Data

Book Value per Share CPI Adj_Book
201212 0.000 83.774 0.000
201303 142.039 85.687 253.678
201306 0.000 88.365 0.000
201309 137.256 91.042 230.716
201312 0.000 91.425 0.000
201403 136.106 91.425 227.825
201406 0.000 94.103 0.000
201409 137.427 96.780 217.307
201412 0.000 96.780 0.000
201503 128.627 97.163 202.591
201506 0.000 99.841 0.000
201509 147.230 101.753 221.430
201512 0.000 102.901 0.000
201603 143.757 102.518 214.594
201703 148.006 105.196 215.313
201803 155.330 109.786 216.519
201806 0.000 111.317 0.000
201809 0.000 115.142 0.000
201812 0.000 115.142 0.000
201903 154.213 118.202 199.657
201906 0.000 120.880 0.000
201909 152.229 123.175 189.132
201912 0.000 126.235 0.000
202003 160.663 124.705 197.161
202006 0.000 127.000 0.000
202009 170.107 130.118 200.067
202012 0.000 130.889 0.000
202103 175.345 131.771 203.641
202106 0.000 134.084 0.000
202109 184.226 135.847 207.534
202112 0.000 138.161 0.000
202203 128.257 138.822 141.388
202206 0.000 142.347 0.000
202209 201.829 144.661 213.511
202212 0.000 145.763 0.000
202303 148.183 146.865 154.408
202306 0.000 150.280 0.000
202309 152.771 151.492 154.327
202312 0.000 152.924 0.000
202403 161.862 153.035 161.862

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


The Shipping of India  (BOM:523598) 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.

The Shipping of India's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=245.60/201.13
=1.22

* 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 The Shipping of India was 1.31. The lowest was 0.26. And the median was 0.38.


Be Aware

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


The Shipping of India Cyclically Adjusted Book per Share Related Terms

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


The Shipping of India (BOM:523598) Business Description

Traded in Other Exchanges
Address
245, Madame Cama Road, Shipping House, Nariman Point, Mumbai, MH, IND, 400021
The Shipping Corp of India Ltd is engaged in the sea and coastal freight water transport business. The company's segments include Liner, Bulk, Tanker, Technical and Offshore service, and others. Its Liner segment includes break-bulk, container transport, passenger and research vessels. The Bulk segment consists of dry bulk carriers. The tankers segment that derives the majority revenue comprises of crude and product carriers, gas carriers, and phosphoric acid carriers. The company's Technical and Offshore services segment covers owned offshore vessels and the others segment incorporates income earned from the maritime training institute. Its business operations are confined only to India.

The Shipping of India (BOM:523598) Headlines

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