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Shreevatsaa Finance & Leasing (BOM:532007) Cyclically Adjusted Book per Share : ₹25.81 (As of Mar. 2024)


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What is Shreevatsaa Finance & Leasing 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.

Shreevatsaa Finance & Leasing's adjusted book value per share for the three months ended in Mar. 2024 was ₹22.126. 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 ₹25.81 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Shreevatsaa Finance & Leasing's average Cyclically Adjusted Book Growth Rate was -100.00% 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 (2024-06-09), Shreevatsaa Finance & Leasing's current stock price is ₹23.11. Shreevatsaa Finance & Leasing's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₹25.81. Shreevatsaa Finance & Leasing's Cyclically Adjusted PB Ratio of today is 0.90.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Shreevatsaa Finance & Leasing was 0.90. The lowest was 0.40. And the median was 0.55.


Shreevatsaa Finance & Leasing Cyclically Adjusted Book per Share Historical Data

The historical data trend for Shreevatsaa Finance & Leasing'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.

Shreevatsaa Finance & Leasing Cyclically Adjusted Book per Share Chart

Shreevatsaa Finance & Leasing 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 - - - 24.06 25.81

Shreevatsaa Finance & Leasing Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 - 24.06 25.77 - 25.81

Competitive Comparison of Shreevatsaa Finance & Leasing's Cyclically Adjusted Book per Share

For the Financial Conglomerates subindustry, Shreevatsaa Finance & Leasing'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.


Shreevatsaa Finance & Leasing's Cyclically Adjusted PB Ratio Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Shreevatsaa Finance & Leasing's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Shreevatsaa Finance & Leasing's Cyclically Adjusted PB Ratio falls into.



Shreevatsaa Finance & Leasing 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, Shreevatsaa Finance & Leasing'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)
=22.126/153.0345*153.0345
=22.126

Current CPI (Mar. 2024) = 153.0345.

Shreevatsaa Finance & Leasing Quarterly Data

Book Value per Share CPI Adj_Book
201306 0.000 88.365 0.000
201309 0.000 91.042 0.000
201312 0.000 91.425 0.000
201403 15.384 91.425 25.751
201406 0.000 94.103 0.000
201409 14.964 96.780 23.662
201412 0.000 96.780 0.000
201503 22.631 97.163 35.645
201506 0.000 99.841 0.000
201509 18.586 101.753 27.953
201512 0.000 102.901 0.000
201603 22.689 102.518 33.869
201703 19.488 105.196 28.350
201706 0.000 107.109 0.000
201709 0.000 109.021 0.000
201712 0.000 109.404 0.000
201803 19.720 109.786 27.488
201806 0.000 111.317 0.000
201809 19.788 115.142 26.300
201812 0.000 115.142 0.000
201903 19.968 118.202 25.852
201906 0.000 120.880 0.000
201909 20.244 123.175 25.151
201912 0.000 126.235 0.000
202003 20.339 124.705 24.959
202006 0.000 127.000 0.000
202009 20.429 130.118 24.027
202012 0.000 130.889 0.000
202103 20.938 131.771 24.317
202106 0.000 134.084 0.000
202109 21.229 135.847 23.915
202112 0.000 138.161 0.000
202203 21.364 138.822 23.551
202206 0.000 142.347 0.000
202209 21.509 144.661 22.754
202212 0.000 145.763 0.000
202303 21.695 146.865 22.606
202309 21.884 151.492 22.107
202312 0.000 152.924 0.000
202403 22.126 153.035 22.126

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


Shreevatsaa Finance & Leasing  (BOM:532007) 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.

Shreevatsaa Finance & Leasing's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=23.11/25.81
=0.90

* 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 Shreevatsaa Finance & Leasing was 0.90. The lowest was 0.40. And the median was 0.55.


Be Aware

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


Shreevatsaa Finance & Leasing Cyclically Adjusted Book per Share Related Terms

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


Shreevatsaa Finance & Leasing (BOM:532007) Business Description

Traded in Other Exchanges
N/A
Address
R-720, New Rajinder Nagar, New Delhi, IND, 110060
Shreevatsaa Finance & Leasing Ltd is a Non-Banking Finance Company. The company primarily carries on the business of loans and advances, investment, trading in stocks, and mutual funds units. Its operating segment includes Trading and Financing activity. The company generates maximum revenue from Financing followed by Trading Activity.

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