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A.K. Capital Services (BOM:530499) Cyclically Adjusted Book per Share : ₹1,150.33 (As of Mar. 2024)


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What is A.K. Capital Services 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.

A.K. Capital Services's adjusted book value per share data for the fiscal year that ended in Mar. 2024 was ₹1,392.524. 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 ₹1,150.33 for the trailing ten years ended in Mar. 2024.

During the past 12 months, A.K. Capital Services's average Cyclically Adjusted Book Growth Rate was 9.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 9.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 10.10% 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 A.K. Capital Services was 13.40% per year. The lowest was 9.80% per year. And the median was 10.95% per year.

As of today (2024-06-10), A.K. Capital Services's current stock price is ₹ 1045.05. A.K. Capital Services's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar. 2024 was ₹1,150.33. A.K. Capital Services's Cyclically Adjusted PB Ratio of today is 0.91.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of A.K. Capital Services was 0.93. The lowest was 0.24. And the median was 0.44.


A.K. Capital Services Cyclically Adjusted Book per Share Historical Data

The historical data trend for A.K. Capital Services'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.

A.K. Capital Services Cyclically Adjusted Book per Share Chart

A.K. Capital Services 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 789.15 868.91 954.97 1,055.02 1,150.33

A.K. Capital Services 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 1,055.02 - - - 1,150.33

Competitive Comparison of A.K. Capital Services's Cyclically Adjusted Book per Share

For the Capital Markets subindustry, A.K. Capital Services'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.


A.K. Capital Services's Cyclically Adjusted PB Ratio Distribution in the Capital Markets Industry

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

* The bar in red indicates where A.K. Capital Services's Cyclically Adjusted PB Ratio falls into.



A.K. Capital Services 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, A.K. Capital Services's adjusted Book Value per Share data for the fiscal year that ended in Mar. 2024 was:

Adj_Book=Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=1392.524/153.0345*153.0345
=1,392.524

Current CPI (Mar. 2024) = 153.0345.

A.K. Capital Services Annual Data

Book Value per Share CPI Adj_Book
201503 581.434 97.163 915.776
201603 637.402 102.518 951.484
201703 721.035 105.196 1,048.930
201803 793.703 109.786 1,106.366
201903 886.459 118.202 1,147.685
202003 931.311 124.705 1,142.878
202103 1,036.141 131.771 1,203.345
202203 1,151.253 138.822 1,269.119
202303 1,271.780 146.865 1,325.209
202403 1,392.524 153.035 1,392.524

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


A.K. Capital Services  (BOM:530499) 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.

A.K. Capital Services's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1045.05/1150.33
=0.91

* 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 A.K. Capital Services was 0.93. The lowest was 0.24. And the median was 0.44.


Be Aware

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


A.K. Capital Services Cyclically Adjusted Book per Share Related Terms

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


A.K. Capital Services (BOM:530499) Business Description

Traded in Other Exchanges
N/A
Address
Off CST Road, 603, 6th Floor, Windsor, Kalina, Santacruz (East), Mumbai, IND, 400 098
A.K. Capital Services Ltd is engaged in the provision of merchant banking services within India. The company operates through a single segment consisting of Investment and financial activity. The group's investment banking products and services include private placement of fixed income securities such as commercial paper, public issue of bond and non-convertible debentures, loan syndication, underwriting of debt issues, qualified institutional placements, and foreign institutional debt financing. In addition, it is involved in providing various services related to Broking & Distribution, Advisory, Financing, and Structured Products such as corporate debt restructuring, fundraising, offshore debt financing, and others.

A.K. Capital Services (BOM:530499) Headlines

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