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Feroze1888 Mills (KAR:FML) Cyclically Adjusted Book per Share : ₨60.56 (As of Mar. 2024)


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What is Feroze1888 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.

Feroze1888 Mills's adjusted book value per share for the three months ended in Mar. 2024 was ₨84.477. 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 ₨60.56 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Feroze1888 Mills's average Cyclically Adjusted Book Growth Rate was 16.20% 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 (2024-06-10), Feroze1888 Mills's current stock price is ₨75.63. Feroze1888 Mills's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₨60.56. Feroze1888 Mills's Cyclically Adjusted PB Ratio of today is 1.25.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Feroze1888 Mills was 2.48. The lowest was 1.08. And the median was 1.44.


Feroze1888 Mills Cyclically Adjusted Book per Share Historical Data

The historical data trend for Feroze1888 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.

Feroze1888 Mills Cyclically Adjusted Book per Share Chart

Feroze1888 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 - - 40.95 48.62 54.46

Feroze1888 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 52.13 54.46 56.72 58.02 60.56

Competitive Comparison of Feroze1888 Mills's Cyclically Adjusted Book per Share

For the Textile Manufacturing subindustry, Feroze1888 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.


Feroze1888 Mills's Cyclically Adjusted PB Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Feroze1888 Mills's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Feroze1888 Mills's Cyclically Adjusted PB Ratio falls into.



Feroze1888 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, Feroze1888 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)
=84.477/131.7762*131.7762
=84.477

Current CPI (Mar. 2024) = 131.7762.

Feroze1888 Mills Quarterly Data

Book Value per Share CPI Adj_Book
201406 21.352 100.560 27.980
201409 22.651 100.428 29.721
201412 23.157 99.070 30.802
201503 24.780 99.621 32.778
201506 26.264 100.684 34.375
201509 28.480 100.392 37.384
201512 30.263 99.792 39.962
201603 31.875 100.470 41.807
201606 33.489 101.688 43.398
201609 34.915 101.861 45.169
201612 34.381 101.863 44.477
201703 35.396 102.862 45.346
201706 38.053 103.349 48.520
201709 39.186 104.136 49.587
201712 38.817 104.011 49.179
201803 39.769 105.290 49.773
201806 42.405 106.317 52.560
201809 44.364 106.507 54.890
201812 45.908 105.998 57.073
201903 0.000 107.251 0.000
201906 52.730 108.070 64.297
201909 54.681 108.329 66.516
201912 53.757 108.420 65.337
202003 55.082 108.902 66.652
202006 55.467 108.767 67.201
202009 59.703 109.815 71.643
202012 61.489 109.897 73.731
202103 61.921 111.754 73.015
202106 64.138 114.631 73.731
202109 65.283 115.734 74.332
202112 67.126 117.630 75.199
202203 70.972 121.301 77.101
202206 74.944 125.017 78.996
202209 79.369 125.227 83.520
202212 78.884 125.222 83.013
202303 89.217 127.348 92.319
202306 91.850 128.729 94.024
202309 94.369 129.860 95.762
202312 84.518 129.419 86.057
202403 84.477 131.776 84.477

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


Feroze1888 Mills  (KAR:FML) 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.

Feroze1888 Mills's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=75.63/60.56
=1.25

* 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 Feroze1888 Mills was 2.48. The lowest was 1.08. And the median was 1.44.


Be Aware

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


Feroze1888 Mills Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Feroze1888 Mills's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Feroze1888 Mills (KAR:FML) Business Description

Traded in Other Exchanges
N/A
Address
K&N Centre, 160 Banglore Town, 2nd and 3rd Floors, Shahrah -e-Faisal, Karachi, SD, PAK
Feroze1888 Mills Ltd is a Pakistan-based company manufactures and exports towels. Their product line includes bath towels, beach towels, and a kitchen section. Their bath towel product includes dobby, yarn dyed, and jacquard, while their kitchen section includes scrubber, flour sack, and basic. Geographically, it derives a majority of revenue from America and also has a presence in Europe; Asia; Australia, and Africa.

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