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A2Z Infra Engineering (BOM:533292) Cyclically Adjusted Book per Share : ₹33.94 (As of Mar. 2024)


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What is A2Z Infra Engineering 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.

A2Z Infra Engineering's adjusted book value per share data for the fiscal year that ended in Mar. 2024 was ₹1.827. 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 ₹33.94 for the trailing ten years ended in Mar. 2024.

During the past 12 months, A2Z Infra Engineering's average Cyclically Adjusted Book Growth Rate was -35.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -29.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -22.60% 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 A2Z Infra Engineering was -4.20% per year. The lowest was -29.10% per year. And the median was -12.35% per year.

As of today (2024-06-09), A2Z Infra Engineering's current stock price is ₹ 19.93. A2Z Infra Engineering's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar. 2024 was ₹33.94. A2Z Infra Engineering's Cyclically Adjusted PB Ratio of today is 0.59.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of A2Z Infra Engineering was 0.54. The lowest was 0.03. And the median was 0.13.


A2Z Infra Engineering Cyclically Adjusted Book per Share Historical Data

The historical data trend for A2Z Infra Engineering'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.

A2Z Infra Engineering Cyclically Adjusted Book per Share Chart

A2Z Infra Engineering 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 115.51 95.06 74.06 52.26 33.94

A2Z Infra Engineering 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 52.26 - - - 33.94

Competitive Comparison of A2Z Infra Engineering's Cyclically Adjusted Book per Share

For the Engineering & Construction subindustry, A2Z Infra Engineering'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.


A2Z Infra Engineering's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, A2Z Infra Engineering's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where A2Z Infra Engineering's Cyclically Adjusted PB Ratio falls into.



A2Z Infra Engineering 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, A2Z Infra Engineering'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)
=1.827/153.0345*153.0345
=1.827

Current CPI (Mar. 2024) = 153.0345.

A2Z Infra Engineering Annual Data

Book Value per Share CPI Adj_Book
201503 63.986 97.163 100.780
201603 38.688 102.518 57.752
201703 24.745 105.196 35.998
201803 21.119 109.786 29.438
201903 38.923 118.202 50.393
202003 23.438 124.705 28.762
202103 19.180 131.771 22.275
202203 9.036 138.822 9.961
202303 2.160 146.865 2.251
202403 1.827 153.035 1.827

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


A2Z Infra Engineering  (BOM:533292) 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.

A2Z Infra Engineering's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=19.93/33.94
=0.59

* 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 A2Z Infra Engineering was 0.54. The lowest was 0.03. And the median was 0.13.


Be Aware

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


A2Z Infra Engineering Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of A2Z Infra Engineering's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


A2Z Infra Engineering (BOM:533292) Business Description

Traded in Other Exchanges
Address
Ground Floor, Plot No 58, Sector 44, Gurugram, HR, IND, 122003
A2Z Infra Engineering Ltd provides maintenance and engineering services. Its segments include Engineering Services (ES), and Power Generation Projects (PGP). The Engineering Services segment which generates the majority of the revenues primarily constitutes the entire infrastructure engineering, procurement, and construction business. It is also engaged in the facility management business, renewable energy business, and solid waste management such as collection, processing, and disposal of municipal waste materials.

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