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Aisha Steel Mills (KAR:ASL) Cyclically Adjusted Book per Share : ₨11.17 (As of Mar. 2024)


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What is Aisha Steel Mills 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.

Aisha Steel Mills's adjusted book value per share for the three months ended in Mar. 2024 was ₨11.889. 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 ₨11.17 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Aisha Steel Mills's average Cyclically Adjusted Book Growth Rate was 7.70% 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), Aisha Steel Mills's current stock price is ₨7.84. Aisha Steel Mills's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₨11.17. Aisha Steel Mills's Cyclically Adjusted PB Ratio of today is 0.70.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Aisha Steel Mills was 1.02. The lowest was 0.47. And the median was 0.65.


Aisha Steel Mills Cyclically Adjusted Book per Share Historical Data

The historical data trend for Aisha Steel Mills'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.

Aisha Steel Mills Cyclically Adjusted Book per Share Chart

Aisha Steel Mills Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 10.74

Aisha Steel Mills 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 10.37 10.74 10.98 10.95 11.17

Competitive Comparison of Aisha Steel Mills's Cyclically Adjusted Book per Share

For the Steel subindustry, Aisha Steel Mills'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.


Aisha Steel Mills's Cyclically Adjusted PB Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Aisha Steel Mills's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Aisha Steel Mills's Cyclically Adjusted PB Ratio falls into.



Aisha Steel Mills 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, Aisha Steel Mills'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)
=11.889/131.7762*131.7762
=11.889

Current CPI (Mar. 2024) = 131.7762.

Aisha Steel Mills Quarterly Data

Book Value per Share CPI Adj_Book
201406 6.283 100.560 8.233
201409 5.290 100.428 6.941
201412 6.259 99.070 8.325
201503 3.987 99.621 5.274
201506 1.269 100.684 1.661
201509 -0.065 100.392 -0.085
201512 -0.649 99.792 -0.857
201603 -0.412 100.470 -0.540
201606 0.748 101.688 0.969
201609 0.971 101.861 1.256
201612 4.941 101.863 6.392
201703 9.256 102.862 11.858
201706 9.083 103.349 11.581
201709 9.751 104.136 12.339
201712 8.624 104.011 10.926
201803 9.774 105.290 12.233
201806 9.636 106.317 11.944
201809 10.633 106.507 13.156
201812 10.408 105.998 12.939
201903 10.277 107.251 12.627
201906 10.809 108.070 13.180
201909 10.542 108.329 12.824
201912 10.436 108.420 12.684
202003 10.236 108.902 12.386
202006 9.961 108.767 12.068
202009 10.823 109.815 12.987
202012 13.253 109.897 15.892
202103 16.074 111.754 18.954
202106 18.170 114.631 20.888
202109 19.124 115.734 21.775
202112 16.752 117.630 18.767
202203 14.047 121.301 15.260
202206 14.696 125.017 15.491
202209 13.170 125.227 13.859
202212 12.427 125.222 13.077
202303 12.306 127.348 12.734
202306 16.394 128.729 16.782
202309 16.432 129.860 16.675
202312 11.107 129.419 11.309
202403 11.889 131.776 11.889

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


Aisha Steel Mills  (KAR:ASL) 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.

Aisha Steel Mills's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=7.84/11.17
=0.70

* 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 Aisha Steel Mills was 1.02. The lowest was 0.47. And the median was 0.65.


Be Aware

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


Aisha Steel Mills Cyclically Adjusted Book per Share Related Terms

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


Aisha Steel Mills (KAR:ASL) Business Description

Industry
Traded in Other Exchanges
Address
23 M.T. Khan Road, 1st Floor, Arif Habib Center, Karachi, SD, PAK, 74000
Aisha Steel Mills Ltd is involved in manufacturing and selling cold rolled steel coils and sheets to the industrial, engineering, and manufacturing industries in Pakistan. Its product offerings include hot-dipped galvanized steel coils, cold-rolled steel coils, and others. The company geographically operates in Pakistan, North America, Middle East, Europe, Asia and Africa. The majority of revenue is derived from Pakistan.

Aisha Steel Mills (KAR:ASL) Headlines

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