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Gul Ahmed Textile Mills (KAR:GATM) Cyclically Adjusted Book per Share : ₨34.13 (As of Mar. 2024)


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What is Gul Ahmed Textile 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.

Gul Ahmed Textile Mills's adjusted book value per share for the three months ended in Mar. 2024 was ₨60.637. 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 ₨34.13 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Gul Ahmed Textile Mills's average Cyclically Adjusted Book Growth Rate was 14.50% 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), Gul Ahmed Textile Mills's current stock price is ₨21.55. Gul Ahmed Textile Mills's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₨34.13. Gul Ahmed Textile Mills's Cyclically Adjusted PB Ratio of today is 0.63.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Gul Ahmed Textile Mills was 0.92. The lowest was 0.54. And the median was 0.61.


Gul Ahmed Textile Mills Cyclically Adjusted Book per Share Historical Data

The historical data trend for Gul Ahmed Textile 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.

Gul Ahmed Textile Mills Cyclically Adjusted Book per Share Chart

Gul Ahmed Textile 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 - - - - 31.29

Gul Ahmed Textile 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 29.81 31.29 32.26 32.85 34.13

Competitive Comparison of Gul Ahmed Textile Mills's Cyclically Adjusted Book per Share

For the Textile Manufacturing subindustry, Gul Ahmed Textile 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.


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

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

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



Gul Ahmed Textile 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, Gul Ahmed Textile 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)
=60.637/131.7762*131.7762
=60.637

Current CPI (Mar. 2024) = 131.7762.

Gul Ahmed Textile Mills Quarterly Data

Book Value per Share CPI Adj_Book
201406 13.951 100.560 18.282
201409 13.603 100.428 17.849
201412 14.283 99.070 18.998
201503 14.713 99.621 19.462
201506 15.028 100.684 19.669
201509 14.898 100.392 19.555
201512 15.291 99.792 20.192
201603 15.888 100.470 20.839
201606 16.206 101.688 21.001
201609 16.047 101.861 20.760
201612 16.198 101.863 20.955
201703 17.921 102.862 22.958
201706 18.174 103.349 23.173
201709 18.336 104.136 23.203
201712 18.632 104.011 23.606
201803 19.796 105.290 24.776
201806 21.141 106.317 26.204
201809 22.254 106.507 27.534
201812 23.145 105.998 28.774
201903 24.209 107.251 29.745
201906 25.784 108.070 31.440
201909 26.332 108.329 32.031
201912 25.974 108.420 31.569
202003 25.367 108.902 30.695
202006 23.447 108.767 28.407
202009 24.432 109.815 29.318
202012 26.280 109.897 31.512
202103 28.984 111.754 34.177
202106 55.220 114.631 63.479
202109 33.444 115.734 38.080
202112 46.576 117.630 52.177
202203 46.567 121.301 50.588
202206 51.396 125.017 54.175
202209 53.202 125.227 55.985
202212 54.205 125.222 57.042
202303 55.955 127.348 57.901
202306 57.516 128.729 58.878
202309 58.085 129.860 58.942
202312 59.496 129.419 60.579
202403 60.637 131.776 60.637

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


Gul Ahmed Textile Mills  (KAR:GATM) 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.

Gul Ahmed Textile Mills's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=21.55/34.13
=0.63

* 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 Gul Ahmed Textile Mills was 0.92. The lowest was 0.54. And the median was 0.61.


Be Aware

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


Gul Ahmed Textile Mills Cyclically Adjusted Book per Share Related Terms

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


Gul Ahmed Textile Mills (KAR:GATM) Business Description

Traded in Other Exchanges
N/A
Address
Plot No.H-7, Landhi Industrial Area, Landhi, Karachi, SD, PAK, 75120
Gul Ahmed Textile Mills Ltd is engaged in the manufacturing and selling of textile products. The company's segments are Spinning which includes the production of different yarn using natural and artificial fibers, Weaving segment caters to in-house requirements for home textile, retail and distribution, and apparel division, Retail and Distribution segment is involved in retail sales through a chain of IDEAS retails outlets and its distribution channels. and Processing, Home Textile and Apparel segment deals in processing greige fabrics into various types of finished fabrics. It generates a majority of its revenue from the Home Textile segment.

Gul Ahmed Textile Mills (KAR:GATM) Headlines

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