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Jaiprakash Power Ventures (BOM:532627) Cyclically Adjusted Book per Share : ₹18.36 (As of Mar. 2024)


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What is Jaiprakash Power Ventures 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.

Jaiprakash Power Ventures's adjusted book value per share data for the fiscal year that ended in Mar. 2024 was ₹11.180. 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 ₹18.36 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Jaiprakash Power Ventures's average Cyclically Adjusted Book Growth Rate was -8.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -7.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -7.00% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -4.80% 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 Jaiprakash Power Ventures was 4.50% per year. The lowest was -7.60% per year. And the median was -5.40% per year.

As of today (2024-05-28), Jaiprakash Power Ventures's current stock price is ₹ 20.04. Jaiprakash Power Ventures's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar. 2024 was ₹18.36. Jaiprakash Power Ventures's Cyclically Adjusted PB Ratio of today is 1.09.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Jaiprakash Power Ventures was 1.12. The lowest was 0.03. And the median was 0.28.


Jaiprakash Power Ventures Cyclically Adjusted Book per Share Historical Data

The historical data trend for Jaiprakash Power Ventures'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.

Jaiprakash Power Ventures Cyclically Adjusted Book per Share Chart

Jaiprakash Power Ventures 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 25.34 23.13 21.57 20.02 18.36

Jaiprakash Power Ventures 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 - 20.02 - - 18.36

Competitive Comparison of Jaiprakash Power Ventures's Cyclically Adjusted Book per Share

For the Utilities - Independent Power Producers subindustry, Jaiprakash Power Ventures'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.


Jaiprakash Power Ventures's Cyclically Adjusted PB Ratio Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Jaiprakash Power Ventures's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Jaiprakash Power Ventures's Cyclically Adjusted PB Ratio falls into.



Jaiprakash Power Ventures 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, Jaiprakash Power Ventures'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)
=11.18/153.0345*153.0345
=11.180

Current CPI (Mar. 2024) = 153.0345.

Jaiprakash Power Ventures Annual Data

Book Value per Share CPI Adj_Book
201503 21.699 97.163 34.177
201603 25.917 102.518 38.688
201703 15.655 105.196 22.774
201803 12.974 109.786 18.085
201903 12.303 118.202 15.929
202003 9.054 124.705 11.111
202103 9.450 131.771 10.975
202203 9.607 138.822 10.591
202303 9.689 146.865 10.096
202403 11.180 153.035 11.180

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


Jaiprakash Power Ventures  (BOM:532627) 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.

Jaiprakash Power Ventures's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=20.04/18.36
=1.09

* 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 Jaiprakash Power Ventures was 1.12. The lowest was 0.03. And the median was 0.28.


Be Aware

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


Jaiprakash Power Ventures Cyclically Adjusted Book per Share Related Terms

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


Jaiprakash Power Ventures (BOM:532627) Business Description

Traded in Other Exchanges
Address
63, Basant Lok, JA House, Vasant Vihar, New Delhi, IND, 110 057
Jaiprakash Power Ventures Ltd is an Indian power company. The firm plan, develop, implement and operate power projects in India. In addition, it operates the largest hydroelectric power plant in the private sector in India. The company is also engaged in the business of cement grinding and captive coal mining operations. Its segments include Power & Transmission, Sand Mining, Coal, and Others. It generates a majority of its revenue from the Power and transmission segment. Geographically the company generates its revenue from India.

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